TraderUR Review

Is TraderUR Investments Scam or Legit Broker?

No, TraderUR is not safe to trade with it. TraderUR is owned by TEChNORIC Ltd. which is an offshore company registered in St. Vincent and the Grenadines. TraderUR is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, was never monitored in terms of its safety, and simply may operate the business in any way it wishes.

• St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost being low, it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as Millennium FX, Brokerz, and more.

What is TraderUR?

According to the website, TraderUR is a member of the International Financial Commission (FinaCom), as they mention the registration number. Even though FinaCom is a well-respected organization, it is a self-regulatory organization that cannot guarantee the safety of the trading environment and does not regulate the daily operations of the company, therefore can’t provide necessary protection to the client.

• From our source, it costs €24,000 per year to become a member. However, and there is no handbook or guidelines for brokers to run their businesses. Therefore, there is zero protection for traders. You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines.
• TraderUR offers Forex, Crypto, and CFDs trading. The company doesn't provide any information about its location, only the contact phone numbers which are German and Swedish. However, the broker is not authorized by local regulators in Germany and Sweden.

TraderUR Review Conclusion

We advise all investors and traders to avoid TraderUR and other brokers from St. Vincent and the Grenadines. In Forex trading finding a reliable and well-regulated broker is essential, not to risk your investments. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as IG Markets and BlackBull Markets. Also can check Exness Review.

TraderUR Update

Our research revealed that the TraderUR website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.