The Broker Has Closed The Website And We Can Only Collect Partial Information From The Web.
General Information
TRADESKA Calls Itself A Stp Trading Broker And Gives Their Clients Access To A Range Of Trading Instruments, Including Forex, Commodities, Stocks, Indices, Cryptocurrencies, Through The Mt5 Platform. And TRADESKA, Investors Need At Least $500 In Funds To Open A Real Account With A Maximum Trading Leverage Of Up To 1:500. However, It Should Be Noted That TRADESKA Is Not Regulated And There Are Concerns About The Legality Of Their License.
Pros And Cons
TRADESKA Has Several Advantages, Including Multiple Trading Instruments, Access To High Leverage And An Mt5 Trading Platform.
However, That Lack Of Regulation, Along With High Minimum Deposit Requirements And Lack Of Specific Information On Spreads And Commissions As Well As Deposits And Withdrawals, Raises Concerns.
Therefore, Investors Should Proceed With Caution When Considering TRADESKA As A Potential Broker.
Market Instruments
TRADESKA Offers Multiple Trading Instruments Across Different Asset Classes, Including Forex, Commodities, Stocks, Indices And Cryptocurrencies. However, As TRADESKA Is Not Regulated And Its License Is Unauthorized, It Is Recommended To Proceed With Caution And Avoid Trading With Them.
Account
TRADESKA Appears To Offer Only One Type Of Live Trading Account, A Professional Account, Which Requires A Minimum Deposit Of $500. The Maximum Leverage Available For Trading Is Up To 1:500, With A Minimum Order Size Of 0.01 Lots And A Maximum Order Size Of 20 Lots. The Broker Has Set The Margin Call Level To 100% And The Stop Loss Level To 50%. In Addition, A Risk-free EUR 10,000 Demo Account Is Also Available.
Leverage
Trading Balance Determines Trading Leverage: Maximum Leverage Of 1:500 For Accounts Under 30,000 USD, 1:300 For Accounts 30,000 To 50,000 USD, 1:200 For Accounts 50,000 To 100,000 USD, And 1:100 For Account Balances From $100,000.
TRADESKA Enables Its Clients To Access Maximum Trading Leverage Up To 1:500, Which Is Significantly Higher Than The Appropriate Amount Set By Many Regulators, With 1:30 For Major UK And Australian Currency Pairs And 1:50 For Major US And Canadian Currency Pairs.
Since Leverage Can Amplify Gains And Losses, It Can Be Devastating For Inexperienced Investors. If You Are Just Starting Out In The Trading Arena, It Is Best To Stick To Smaller Sizes, No More Than 1:10.
Spreads And Commissions
TRADESKA Claims To Offer Spreads Starting From 0.0 Pips, And The Average Spread For Forex Trading Is 0.00067. It Appears That No Commission Is Charged, Indicating That The Company's Income May Come From Spread Markups. However, There Is Limited Information On Specific Spreads And Commissions For Other Trading Instruments Such As Commodities, Stocks, Indices, And Cryptocurrencies. Therefore, Potential Traders May Need To Research Further Or Contact TRADESKA Directly For More Information Regarding Spreads And Commissions On These Assets.
Trading Platform
TRADESKA Offers An Industry-leading MT5 Trading Platform Available On Desktop, Web, And Mobile Devices. MT5 Offers A Range Of Features, Including Advanced Charting Tools, Numerous Technical Indicators, And The Ability To Create And Use Automated Trading Strategies Through Expert Advisors (EAs). It Also Allows For Multiple Order Types, Including Market Orders, Limit Orders, Stop-loss Orders, And Mobile Stop-loss Orders. In Addition, MT5 Supports Multiple Time Frames, Allowing Traders To Monitor Multiple Accounts And Execute Trades From A Single Platform.
