Trade Center Review

About Trade Center

Trade Center (operating via tradecenter.center) offers trading in forex and CFDs with purported access to MetaTrader 4 and instruments including forex, commodities, indices, and cryptocurrencies. The minimum deposit is indicated at USD 250 with leverage up to 1:500; spreads are variable, starting around 3.1 pips, plus commissions depending on account tier. These account tiers—Classic, Bronze, Silver, Gold, Platinum—require deposits from USD 250 up to USD 100 000, with commissions ranging from USD 30 per lot in the Classic tier down to USD 6 per lot in the Platinum tier. There are reported inactivity fees (10% after 90 days) and high withdrawal fees or delays as described by users. ()

Trade Center is not regulated by any major financial authority: it holds no licenses from the FCA, ASIC, CySEC, CFTC, or NFA, and client funds are not protected under any regulatory compensation scheme nor segregated from operational funds. The FMA of New Zealand issued a warning on November 24, 2022 noting Trade‑Center is not registered to provide financial services to New Zealand residents. () The FCA has also flagged the related entity operating via tradecenter.fm as unauthorised to provide financial services in the UK, depriving clients of FSCS protection and recourse to the Financial Ombudsman Service. ()

Pros and cons

Pros

• High leverage (up to 1:500)
• MetaTrader 4 platform availability
• Wide range of asset classes: forex, commodities, indices, cryptocurrencies

Cons

• Fully unregulated—no oversight by reputable financial authorities
• FMA warning (New Zealand) and FCA warning (UK) regarding unauthorised operations
• High minimum deposits and inactivity fees
• Numerous user reports of withdrawal delays, high fees, and poor customer support