This is a review of TradeTime. What is TradeTime? Scam or Legit? How does it work? What do they offer you? Are there better alternatives out there? This are just a few of the questions we help you answer in this short review!
Product name: TradeTime
Official Website URL: https://www.tradetime.com/
Founders: Silver Group Limited
Overall Rating: (2.5 / 5)
Recommended: Not recommended
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The number of people who are choosing to rely on forex trading as a means of creating income is growing by the day. The major shake-ups in the economy have presented a suitable atmosphere for traders to thrive, and this has encouraged more and more people to rely on it as a way to build their wealth. Consequently, the number of companies aimed at making forex trading possible for the traders has also grown. This review is about TradeTime, a company that is serving people in this niche. In a bid to establish whether it is a company that can be trusted, we shall be finding out:
– What TradeTime is
– How it works
– The main features in TradeTime
– How it is priced
– Whether it is genuine
– Whether there is a better alternative to TradeTime
– What its benefits and drawbacks are
What is TradeTime?
TradeTime’s journey began in 2010 when a panel of people who are well-versed in the fields of finance and technology combined forces to come up with a platform that could be used to offer forex trading services. In 2017, traders were eventually allowed to rely on this platform to go about their business. Since then, a great number of people have managed to try out this platform, and they have managed to earn an income trading in indices, CFDs, shares, the most common currencies, as well as commodities.
This platform presents traders with sufficient resources that they can rely on as they go about the trading activities. They can, for instance, explore and follow the market trends, which can in one way or another influence the decisions that they make. Another thing that draws traders to this platform is the existence of the capability of the personalization of one’s trading account. You can, therefore, define your trading objectives, then customize your account as much as you’d like to, and then comfortably trade in the world’s largest market.
How does it work?
If you desire to own an account on this platform for you to achieve your trading and money-making objectives, here are the steps that you should follow:
1. Open an account by applying on TradeTime’s official website.
2. Select an account from a list of the available options.
3. Choose the markets you want to trade.
4. If you require to sharpen your trading skills, use WiseUp.
5. Begin trading.
Features in TradeTime
TradeTime prides itself in being a customizable platform whose core elements meet the required industry standards. This means that relying on this platform is bound to make trading easier for you, and it sets you up for success. Some of the main features that you can benefit from as a trader include:
1. The platform is intuitive and user-friendly
2. You can customize your alerts to your needs.
3. There are advanced charts and indicators.
4. One-click trading
5. Live trading signals
6. It has a variety of trading tools
7. A robust platform meant to support your activities within the account.
TradeTime offers every customer a unique trading experience by allowing them to customize their accounts. The truth about trading is that it requires every trader to come up with a trading strategy that best works for them, based on their experience and their risk aversion. As a new user of TradeTime, you are required to use the account selection tool which asks you a number of questions and relies on the information that you provide to create an account for you, which is subject to its unique pricing.
It is, however, a standard rule that you should deposit a minimum of $500, as a new user of this platform. The minimum investment you can make is $250.
Is it a Scam or is it genuine?
So, is it a scam or legit? TradeTime is a platform that many people have already used and have realized different results, and have had different experiences. Most of the people have unfortunately labeled TradeTime as a scam.
On Forex Brokerz (https://www.forexbrokerz.com/brokers/tradetime-review) for instance, most customers claim that their initial $500 disappeared into the thin air.
There are several others who also claim that their complaints have fallen on deaf ears, which is the reason they have given this platform an average rating of (1.5/5) stars. The same opinion of this platform is borne by those who have given their review on FX Trading Revolution (https://www.fxtradingrevolution.com/trade-time-review.html).
On Forex Peace Army (https://www.forexpeacearmy.com/forex-reviews/14035/tradetime-forex-brokers), it has a (3.6/5) star rating, with very few people claiming that they are satisfied with the services accorded to them. It is evident that the owners of this platform do not take customer service seriously.
Alternative to TradeTime
Having established that TradeTime may not be what you are looking for, it is only right to determine which other platforms in the market can be relied upon to help you achieve your trading objectives. I would highly recommend that you try out ZuluTrade, it is an example of one platform that you can trust. ZuluTrade gives you the opportunity to familiarize yourself with the trading platform through a demo account. There are a lot of trading instruments to choose from so you will never run out of options. Another great, and well-known alternative might be eToro (Not for U.S. citizens)
Other than that,
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Pros and Cons
It is always smart to compare the positive sides against the negative ones to get a better overall view of something. As always in our reviews we provide you with some clear points on both sides of the spectrum:
– You can get a customized trading account for your own needs.
– There are many instruments to choose from.
– Live trading signals
– The platform is user-friendly.
– Negative online reviews.
– Poor customer service.
Do you own or represent TradeTime?
If you are a representative, or associate of TradeTime and have found something not to be correct in this review please, feel free to tell and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or by simply sending us an e-mail.
Final words and verdict
Verdict: Not recommended
Overall rating: (2.5 / 5)
Ok, I think that sums up the overall view of TradeTime pretty good. It is in my personal opinion, not something great, and why would you rely on it when there are clearly better alternatives out there?
There are many different platforms out there, more importantly, some are better (and safer) to use than others. What you want to do is find a few of the good alternatives and then try them out before you find the one (or ones) you feel most comfortable with. Below you got 2 great alternatives depending on where you live:
==> eToro (Do NOT accepts U.S. citizens)
==> ZuluTrade (Accepts U.S. citizens)
I hope you found this review of TradeTime to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of its services then share your experience in the comment section below! Also, if you got any questions about this I will be more than happy to answer them below!
I wish you success!
founder of: Gold Retired