Trade Wheel Ledger is a CFD broker whose official domain was registered on November 6, 2023. This broker primarily provides investment services to investors in trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries and regions where doing so might violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to the publicly available information on the Trade Wheel Ledger (twledger.com) website, the broker was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the company has not disclosed its entity registration information or detailed regulatory information.
Upon investigation, the Australian Securities and Investments Commission (ASIC) has not listed any regulated company named "Trade Wheel Ledger."
Therefore, Trade Wheel Ledger (twledger.com) is actually a fraudulent broker site with neither an actual company entity nor any regulation.
Account Opening Procedure
The process to open a trading account with Trade Wheel Ledger: Visit the broker's official website, click "REGISTER" either on the homepage or at the top right corner of the webpage to enter the account registration page, fill in personal information such as name and email address, set a login password, and submit the form. After submission, verify the account to successfully complete the registration.
Trading Instruments
Trade Wheel Ledger offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of 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, exploring popular indices can uncover diverse trading opportunities and leverage high returns.
- Commodities: Commodity trading covers key resources in global markets, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to engage in the price movements of public companies, earning from price changes and dividends based on the company's performance without actually owning the stocks.
- Cryptocurrencies: Cryptocurrency trading provides opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
Trade Wheel Ledger offers four different types of investment plans: STARTER, PREMIUM, VIP MEMBERSHIP, FOREX SIGNAL SUBSCRIPTION.
STARTER:
- Minimum Deposit: $500
- Minimum Expected Profit: $3,500
- Maximum Expected Profit: $5,000
- Trader Education*
- Risk Management
- Tax-free Spread Trading Profits
PREMIUM:
- Minimum Deposit: $1,500
- Minimum Expected Profit: $10,500
- Maximum Expected Profit: $15,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-free Spread Trading Profits
VIP MEMBERSHIP:
- Minimum Deposit: $5,000
- Minimum Expected Profit: $15,000
- Full Benefits
- Trader Education*
- Advanced Risk Management
- Tax-free Spread Trading Profits
FOREX SIGNAL SUBSCRIPTION:
- Minimum Deposit: $20,000
- Professional Forex Signals
- Up to 10 Signals per Day
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Payment Only
- Use Any Broker
Trading Platform
Trade Wheel Ledger provides its in-house developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with more than 12,000 orders executed per second, supported by comprehensive liquidity providers.
Deposit and Withdrawal
Trade Wheel Ledger supports deposits and withdrawals through credit/debit cards, bank transfers, and cryptocurrencies.
Conclusion
Traderknows reminds investors that Trade Wheel Ledger is a fraudulent broker that entices investors with promises of high returns. This website has no corporate entity and is not regulated. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
