tradesignal.live is a CFD broker with a domain registered on January 17, 2024. This broker primarily provides investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries or regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information on the tradesignal.live website indicates that the broker was established in 2016, using "Trade Signal" as its trading name and claims the company entity is VLS, purportedly regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose company registration details or specific regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) has no record of any regulated company named "VLS."
Therefore, tradesignal.live is essentially a fraudulent broker site with no company entity or regulatory oversight.
Account Opening Process
To open a trading account with tradesignal.live: Visit the broker's official website, click "Open Account" on the homepage or "SIGN UP" at the top right corner of the webpage. Fill in personal information such as your name and email address, set a login password, then submit. Verify the account upon submission to successfully register.
Trading Instruments
tradesignal.live offers various trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves exchanging different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or specific sector without trading individual stocks, providing diverse trading opportunities with high leverage for potential gains.
- Commodities: Commodity trading covers key global market resources, enabling traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to profit from public company stock price fluctuations and dividends based on company performance without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the chance to profit from highly volatile assets.
Investment Plans
tradesignal.live provides four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum Deposit: £500
- Minimum Expected Profit: £3,500
- Maximum Expected Profit: £5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
CLASSIC ACCOUNT:
- Minimum Deposit: £5,000
- Minimum Expected Profit: £45,000
- Maximum Expected Profit: £50,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profits
PLATINUM:
- Minimum Deposit: £10,000
- Minimum Expected Profit: £99,999
- Full Benefits Package
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profits
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals Daily
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin-Only Payments
- Use With Any Broker
Trading Platform
tradesignal.live provides users with a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, featuring over integrated liquidity providers, and executing more than 12,000 orders per second. However, upon clicking the provided download link, it directs to the MT4 trading platform, which does not show any broker named Trade Signal.
Deposits and Withdrawals
tradesignal.live does not accept deposits and withdrawals via credit cards or bank transfers. It only supports cryptocurrency transactions.
Conclusion:
Traderknows reminds investors that tradesignal.live is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
