Textrade

Textrade Finance: positioning and features

Textrade Finance aims to take a leading position in the global segment of trading liquid assets, providing transparency and a high level of fund security. The company claims to collaborate with more than 10 banks worldwide and serve up to 10,000 traders simultaneously on one server. The textrade.finance website offers an interface in two languages: Russian and English. Russia is listed among the countries Textrade does not cooperate with.

Features of Textrade Finance

• reliable investment protection with no security breaches in 4 years of operation,
• high liquidity,
• a professional team focused on client needs,
• over 1700 financial instruments to choose from,
• secure and fast transactions.

The address in Greece is provided in the website footer without indicating the company’s registration status. Textrade avoids publishing official documents and legal information that would help draw conclusions about its status. Additionally, the site states that Textrade is managed by FSRS with license number 372891-311, and a link to a scanned copy of the license is located in the website footer.

Company’s trading conditions

Textrade Finance offers traders a wide range of trading instruments, including CFD contracts, currency pairs, indices, cryptocurrencies, bonds, stocks of international companies, and ETFs. Trading is conducted through the MT4 platform, providing accessibility from anywhere in the world. However, information about the functionality of the trading platform is not provided.

The website lacks information on trading accounts, account opening currency, minimum investment amount, and trading conditions. To start trading, registration, account verification, and account funding are required. There is no risk-free demo version available.

Account funding and withdrawal

Textrade Finance claims instant account funding and processing of withdrawal requests within one day. The fund crediting time depends on the withdrawal method:

• bank transfers – 3-5 business days,
• debit and credit cards – 5-7 days,
• other payment methods – up to one day.

Specific payment methods and commission fees are not specified, and the terms for profit or deposit withdrawal are also not publicly available.

Conclusion

Determining the feasibility of partnering with a company that does not provide necessary information about its status and trading conditions can be done based on reviews about Textrade.