ExtrodigitalPro is a brokerage firm claiming to offer a variety of financial product trading services, with its official website domain extrodigitalpro.com registered on September 24, 2024. The platform primarily offers trading in various financial products including forex, indices, cryptocurrencies, stocks, energy, gold, and Contracts for Difference (CFDs). However, ExtrodigitalPro has significant issues regarding regulatory compliance, information transparency, and user reviews, warranting cautious consideration by investors.
Trading Platforms
The broker's website claims to offer two widely used trading platforms: MetaTrader 4 and TradingView. According to their website, these platforms feature the following:
- Powerful chart analysis tools and technical indicators.
- Support for both advanced traders and beginners.
- Accessible on both mobile and PC.
However, the actual usage reveals the following issues:
- iOS Client: The App Store download link shows MetaTrader 4, and no TradingView platform is provided.
- Android Client: The Google Play download link is inaccessible.
These technical issues call the platform's reliability into question.
Account Types and Trading Conditions
The broker offers two account options, demo and real, with the following conditions:
- Demo Account: Suitable for beginners for risk-free learning and testing.
- Real Account:
- Minimum Deposit: Ranges from $160 to $1000.
- Minimum Expected Profit: $100 to $600.
- Maximum Expected Profit: $120 to $600.
- Leverage: Up to 1:500.
- Commission: Starting at 0.08%.
Regulatory Information
The broker's website claims regulation by the Australian Securities and Investments Commission (ASIC). However, upon investigation:
- No related regulatory information was found on the ASIC website.
- No records of the company were found on either the UK's Financial Conduct Authority (FCA) or the U.S. National Futures Association (NFA).
These findings indicate that ExtrodigitalPro lacks any valid regulatory licenses, signaling investors to proceed with caution.
Contact Information and Social Media
- Email: [email protected]
- Online Support: 24/7 customer service support with a contact form available
- Phone & Address: No phone number or company address provided.
Moreover, while the website displays icons for Facebook, Instagram, YouTube, and Twitter, none function, indicating the brokerage lacks any formal social media presence, which is uncommon among reputable forex brokers.
Educational Resources and Partnership Policies
Educational Resources:
- Introductory courses: Basics of forex trading.
- CFD Guides: Market dynamics and trading principles.
- Video tutorials, e-books, glossaries, and other learning resources.
Partnership Policies:
ExtrodigitalPro does not offer Introducing Broker (IB) programs or any information related to partnerships.
Deposit and Withdrawal Methods
The broker supports multiple deposit and withdrawal methods, including credit/debit cards, wire transfers, and Bitcoin. Features include:
- Bitcoin Deposits: Minimum deposit is £50.
- Processing Time: Bitcoin deposits typically require 6 confirmations, potentially taking up to 6 hours.
- Fees: The platform does not charge fees, although standard Bitcoin network fees apply at 0.0005 BTC.
Despite supporting various payment methods, the platform does not disclose comprehensive fund flow information, which could threaten fund security.
Website Traffic and Template Analysis
- Website Traffic:
Data from Semrush shows the broker receives less than 10 monthly visits, indicating extremely low market recognition and user activity. - Website Template:
The broker's website design is similar to several known scam platforms (Exchainfy and Supreme Investment). These platforms typically use mass-produced templates for quick creation of multiple fake websites, increasing potential risk associated with this platform.
User Reviews and Staff Information
- User Reviews:
No user feedback or reviews related to this broker could be found online. - Company Staff:
No staff information related to the platform could be found on the website or any public resources, further diminishing the platform's credibility.
Risk Report
Based on the above analysis, ExtrodigitalPro presents the following major risks:
- Regulatory Information Lacking:
The platform has no valid international financial regulatory licenses; the claimed ASIC regulation is invalid. - Missing Trading Platform Download Links:
The platform lacks comprehensive trading tool support; mobile download links are problematic. - Low Information Transparency:
No detailed address and phone number provided, and no formal social media accounts are maintained. - Website Traffic and Template Issues:
Very low website traffic, and template sharing with known scam platforms increases risk. - Lack of User Reviews and Staff Information:
No user feedback or staff information found, decreasing credibility.
In a word, ExtrodigitalPro claims to provide all kinds of financial product trading services but exhibits serious problems in regulatory compliance, platform reliability, and transparency. Invest with caution in this platform to avoid possible financial risks. It is better to first choose trading platforms with clear regulatory credentials and a market reputation to guarantee the security of funds and a good trading experience.
