InbaseTrader review – Everything You Didn’t Know Exposed

If you look at the InbaseTrader website you won’t recognize any advanced investment features. On top of that, with their quite poor web design, they can’t compare with any other brokerage. Not even the scamming ones.

In any case, we are revealing all their trading conditions to help customers understand the company’s activities. But primarily, this InbaseTrader review reveals all their flaws.

Regulation and Funds Protection Measures

One of the first warning signs is that the company claims to be multi-regulated. In the first place, by ASIC and MSB. But also the company claims to be a member of the NFA. Yet, all of these statements are completely false.

The brokerage is not listed in the NFA or the MSB registers. Yet, their allged ASIC statements appear in the register, but none of the details connect the company and licensed trading firm.

Lastly, but most importantly, the company is not licensed by the FCA. Therefore, all their fund protection measures become questionable, starting with the insurance of up to $1M.

Who Are InbaseTrader Clients and What Are Their Opinions?

One of the leading warning signs is that the company claims to operate since 2005. Quite a long run without any reviews available. 

Luckily, there are tools like who.is that show you the reality. In fact, this investment firm’s domain was registered in June 2023. Obviously, something doesn’t add up. On top of all, analysis shows that this company is mainly targeting traders from: 

• Canada
• China
• Malaysia
• Australia

In any case, without adequate regulations, all these statements are questionable. Not to mention that on the Reddit platform, there are already speculations this company is fraudulent. But if you are sick of swindlers and unlicensed brokerages, it’s time to change that. Once you find a Tier 1 licensed firm and start using our AI Analysis Bot, you will forget about all the nightmares.

Is InbaseTrader’s Software Reliable?

Generally speaking, one of the most reliable technologies are cTrader and MetaTrader. Everything else is highly speculative, especially when the company is not licensed. Luckily, our InbaseTrader review presents you with the importance of trusted software.

If you look at our Trade 24 review you will see that many brokerages offer web-based platforms. The reason behind it is often manipulation. Very easily, without traders knowing, these swindlers can change the course of your trade. Ultimately, they choose if you will win or lose a trade. Depending on what emotion they want to develop in their customer.

After all, if you are not trading with a licensed company, software won’t make a difference. Therefore, read our TouchTrades review to find out more.

Tradeable Instruments

Trading instruments can be a deal breaker very often, especially for experienced investors. Yet, our review reveals that even scam brokers can have a good instrument offer.

In the case with this investment firm, you can choose: 

• Forex – AUD/HKD, EUR/NZD
• Commodities – gold, crude oil
• Indices – CAC40, FTSE100
• Shares – Walt Disney, Netflix
• Crypto – BTC, ADA, ETH
• ETFs – Russell 2000, QQQ
• Bonds – US T-Bond, EU-Bond

Trading Conditions That Can Cost You A Fortune

This brokerage doesn’t reveal any trading conditions, not even the leverage. In general, these things expose companies as a scam. Since the company was already lying about regulations, what stops them from lying about anything else?

Overall, EU brokerages can offer you leverage up to 1:30 while the US companies give you up to 1:50. More importantly, some of the regulators require companies to comply with their deposit requirements and compensation schemes. 

Funding and Withdrawals

Another key fact is that the company doesn’t have a transparent funding policy. Even though they have logos of cards, bank transfers, Skrill. Neteller and Sofort, it doesn’t mean anything. Let us not even start with withdrawal conditions. The processing time, fees and any other specific conditions remain unknown.

Considering their shady regulatory status, you can expect most of the issues here. Generally speaking, something that could be avoided if you are using a licensed broker with proven tools like AI Analysis Bot.

Awards

As can be seen, the company listed on their website numerous awards. However, all of those are apparently from 2022. Yet, the company claims to operate since 2005. Overall, it’s quite a long period to prove themselves.

Is It Possible to Make Money By Online Trading?

People find numerous ways to make money trading. Whether with hard-core knowledge or specific tools. In any case, it can work. But only with licensed brokerages where you can really expect a withdrawal. If you are not trading with a legitimate company, nothing will be worth it.

Therefore, we suggest you first find a top-tier licensed company. Consequently, look for adequate tools that can improve your results. Such as AI Analysis Bot which serves you with finalized product and investment opportunity. Ultimately, the choice is yours. But with this bot’s accuracy, we are sure you won’t be thinking about trading strategies anymore.

If you are interested to find out how it works feel free to contact us. After all, the first consultation doesn’t cost you anything. There’s nothing to lose. Therefore, get in touch already today!

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