We have recently received complaints and read many negative reviews on the internet about regulated binary options brokers using indecent practice towards traders. Although some binary brokers may be regulated, we do not recommend opening a trading account with ANY broker, be it a regulated broker or a non regulated broker, as THEY ALL seem to be unethical and non-trustworthy, even the regulated ones! If you have been scammed by such a company you can check out our RECOVER FUNDS FROM BINARY SCAMS section.

Also, instead of trading binaries which are mostly scams, you can trade with a trustworthy and popular FOREX broker such as STR Capital.

TradeFred Review

Is TradeFred the Right Broker for You to Trade Forex and Cryptocurrencies?

TradeFred Broker Review - Recommended Broker
TradeFred Broker Review – Recommended Broker

Did you know you can trade cryptocurrencies without owning them? CFD (Contract for Difference) trading is the way to go. You can also be a part of the financial market that is destined to change the world and how things work today. However, you have to be quite careful in your choice of broker when it comes to cryptocurrency trading. More and more brokers are including this valuable asset to their asset indices, but not all of them have created the perfect trading conditions for the traders. TradeFred has been considered as one of the best online brokers for anyone who wants to trade cryptocurrencies.

If You Want To Buy or Trade Bitcoins and Altcoins in Australia
Try Out “TradeFred” The TOP Rated and Recommended
ASIC Licensed and Regulated Crypto Broker: Sign Up Here

In today’s TradeFred review, you will get to know all the reasons that should convince you to sign up with TradeFred to start trading cryptocurrencies.

Security, Safety and Regulation with TradeFred

You cannot think about signing up with a broker unless you confirm all the things that are included in security. There are a lot of factors to consider. First, you have to know if the information you giving to your broker is going to be safe. Here, you want to keep encryption in your mind. Unless the broker promises you that your information will be encrypted before it is stored on the servers, you don’t want to sign up. Through encryption, the information you provide gets converted into codes that cannot be understood by any unauthorized and third parties.

The next important thing is whether the platform can be used by illegal entities for illegal purposes. If that happens, you know that the broker is not serious with honest business practices. Not to mention, such a broker will not care about small traders because money launderers come with loads of money with them. The right broker will have a strong anti-money laundering policy in place. This policy will not allow any money launderers to join the broker’s platform for any illegal money transfers. After that, you have to confirm about the safety of the money that you will be depositing in your account.

How will the broker protect the money that you deposit in the account you have opened online? Will the money you have deposited go to the same account where the company has its own money stored? Will there by a separate account to store the money coming from the traders? You would want to sign up with a broker that maintains a separate account for your money.

Last but not least, you have to confirm about the regulation of the broker. Brokers that are trying to play it safe can be quite dangerous for the traders. If the broker makes a mistake or runs away with the money, the trader has no chance of getting the money back. On the other hand, when a broker is regulated by a well-known regulating authority, no such thing can happen. Even if the broker creates problems and disappears with your money, you will get your funds back. When you look at all the areas mentioned above, you find out that TradeFred has paid proper attention to them all.

This broker saves your money in separate accounts from the company account. Furthermore, your information is safe through encryption. Anti-money laundering policies and strict identification requirements prevent the shady people from joining and using the platform. Most importantly, TradeFred is fully regulated to provide its financial services. If you are joining the platform from Australia, consider yourself a lucky trader. TradeFred is fully regulated by Australian Securities and Investments Commission. This is the sign of a reliable broker.

ASIC regulated TradeFred to keep an eye on all the activities of the broker as well as the trader. While ASIC is regulating and monitoring TradeFred, it is doing so for the benefit of the trader. In the end, it is your money that is going to stay safe even in the case of a mishap. TradeFred has made things even safer for traders by being regulated by multiple authorities. If you don’t know, this broker is also regulated by Vanuatu Financial Services Commission. If you are looking for a reliable and secure broker to trade cryptocurrency with, you can say that you have found one.

How TradeFred Creates the Perfect Conditions for Cryptocurrency Trading

Now that you are sure about the safety and security features of TradeFred, you have to see what conditions the broker has created for those who are interested in trading cryptocurrencies. The first thing that should make you happy is that TradeFred has made its platform available for cryptocurrency trading. Even to this day, not all the broker on the internet are willing to let their traders trade cryptocurrencies. They fully understand the volatility of this market and also the risks associated with making these assets available for trading.

TradeFred, on the other hand, has brought the most valuable digital coin from the cryptocurrency market to its platform. It lets you trade Bitcoin against the biggest fiat currencies of the world. Whether you live in the UK, Australia, the US or some other part of the world, you will be happy that you can trade Bitcoin with USD, GBP, and EUR. These are the most liquid currencies on the forex market and offer you a lot of stability when you are putting your hard earned money on the line. Use any of the above-mentioned currencies to trade Bitcoin on one of the best trading platforms of the world.

Now, due to the fact the cryptocurrencies have huge values, buying them with a small deposit in your account is not that easily possible. Even if you want to trade just one lot, you will need significant amount of money in your account to control that trade. How do you trade Bitcoin when you don’t have that much money? You just take advantage of the leverage from the broker. TradeFred is offering you some leverage even when it comes to trading cryptocurrencies. A leverage of 1:2 is something that many of the biggest brokers are not offering to their traders.

The Right Way to Start Trading Cryptocurrencies

Before you start trading cryptocurrencies with TradeFred, you will need some training and understanding of things. First, you want to make sure that you will be on a trading platform that will not deceive you. If you don’t know, many traders in the past have ended up with unsuccessful trades because the trading platform they were using was not up to par with the dynamics of the financial markets. Those trading platform can delay in presenting the latest information to you. What you are looking at your screen might not be the latest price of a particular asset. With TradeFred, you can rest assured because you are going to be trading on MT4, a platform traders love for its fastness, customization, and user-friendliness.

Secondly, you want to get some training on how to trade CFDs. That information is available to you in the form of training material from the broker. It is amazing that you have some training material in your access as soon as you sign up with the broker. The amount of training material you can access depends on the type of account you open. In addition to the educational material, you will also be in touch with a trainer who will tell you the basics of trading. With the basic knowledge, you can be sure that you will at least know when you are making a profitable or an unsuccessful trade.

Summarizing the Reasons for Trading Cryptocurrencies with TradeFred

One of the Safest Brokers

TradeFred is undoubtedly one of the safest brokers on the internet. It has taken care of security in every possible. It takes care of the information you provide on the website. Whether it is your personal information, banking information, or some piece of information related to your identity, all of it is encrypted for your security. The funds you deposit in your account with the broker go into a separate account. TradeFred is regulated by ASIC in Australia and that produces the biggest reason for Australians to sign up with this broker. They can trade safely and with the peace of mind that their funds are in the safest hands.

BTC against Various Currencies

One of the things you want to make sure before putting your money into cryptocurrency trading is that you are able to trade them with your favorite currencies. The cryptocurrency market is already pretty volatile, and so your risks are high when you invest your money in it. You don’t want to make things worse by trading Bitcoin with an unknown currency that’s quite unstable in itself. This will double your risks and you don’t want to do that whether you are a new trader an old one. With GBP, EUR, and USD as your options, you can rest assured that you will trade Bitcoin with the currencies that are stable and liquid.

The Trading Platform

Of course, you cannot ignore the importance of the trading platform when you sign up with a broker. The trading platform you are on should be easy for you to understand. In addition to that, it should offer you all the tools to help you execute profitable trades. MT4 is the trading platform that you get access to when you sign up with TradeFred. The most important thing is that TradeFred has made the trading platform available for you no matter which particular operating system you prefer and which device you usually use. It is available for desktop computers, tablets, and mobile (iOS and Android). Most importantly, the web version can be used on any device without any drastic changes in the experience of the platform.

The Asset Index

Your primary reason for joining TradeFred might be to trade digital coins, but you can trade a lot of other assets after signing up with this broker. If you are interested in trading energies, precious metals, soft commodities, currency pairs, stocks, etc. you will not have to go to any other broker. You can trade all of these assets from the same trading platform. What’s more important is the fact that you can trade these assets with some huge leverages. It is because of the big leverages that you don’t have to deposit a lot of money in your account when you sign up with TradeFred.

If you are opening a basic account with this broker, you can start with just $250. With a leverage of 1:200 on various financial assets, you will be able to control some significantly big trades. This is how you can amplify your profits. Not to mention, the broker is not going to charge you any commissions on your trades. Many brokers do that to take a big chunk out of the trades you execute, before you even make any profit from the trade.

Great Customer Care

You cannot rank or rate a broker unless you have taken a look at its customer support. Before you even get in touch with someone, you have to see what the company has done to help you contact its professionals. Some brokers make it quite difficult for traders to get in touch with their professionals. They try to solve the problems with online communities and FAQs on their websites. However, there is nothing more satisfying than talking to a human about your issue. With TradeFred, you have more than one way to do that. You can talk to a representative using the live chat feature that’s available right on the website of the broker.

You can also send an email. There are multiple phone numbers that you can use to get in touch with a professional from a company. The representatives are there to help you five days of the week for 24 hours.

Bottom Line

You have to be extremely careful with your choice of the broker regardless of the type of trading that you are interested in. Security of your funds and information is a serious matter. Additionally, regulation is the best proof you have that a broker you are signing up with is legitimate and serious with its traders. TradeFred fulfills all of these requirements with flying colors. That’s exactly why it has also collected the award of being the best newcomer online broker as well. So, your first step to trading cryptocurrencies might just be to sign up with TradeFred.

If You Want To Buy or Trade Bitcoins and Altcoins in Australia
Try Out “TradeFred” The TOP Rated and Recommended
ASIC Licensed and Regulated Crypto Broker: Sign Up Here