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ThreeTrader Review: Unreliable Despite Being Somewhat Licensed

ThreeTrader review

Despite several blacklists by internationally recognized financial authorities, we still cannot call this company an outright scam. That’s because they still operate under some form of legal supervision. 

Here’s the catch though – they’re only regulated offshore and own no premium online trading certificate. What that means for you as a Forex investor and what you can choose as a valid alternative is the subject of today’s ThreeTrader review.

General information
Name ThreeTrader Global Limited
Type of the company Forex broker
Regulation status Regulated / Offshore
Warnings from Financial Regulators FSA, CONSOB, IOSCO
Website link
Active since 2017
Registered in Vanuatu
Contact info If N/A, write Data is hidden
Trading platforms MT4
Majority of clients are from Japan, Australia, United States, Brazil, United Kingdom
Customer support No / Yes (if yes, indicate if it is a 24h support or maybe live chat etc)
Compensation fund Yes, up to €20,000

Licensed but Blacklisted

The company running the website is ThreeTrader Global Limited, licensed by the financial authority in Vanuatu – VFSC. If you search the database, you will see the firm is indeed one of the supervised financial services providers. The firm is also a member of the Financial Commission compensation scheme that reimburses customers with up to €20.000 per complaint. 

However, the current ThreeTrader regulation simply doesn’t suffice. The fact that the company has been offering their products and services out of Vanuatu has attracted negative attention from other authorities. The first one of them to warn the public not to engage in trading activities on this domain was FSA (Japan). CONSOB and the independent IOSCO have soon after reposted this alert.

That doesn’t necessarily label them as scam, but the fact that prominent authorities warn about them, we have to treat them as a threat. After all, they often do risky trading conditions (1:500 leverage) that are not allowed in strictly regulated areas. MobaTrade is another such company, except that they lack any regulation. 

Admirable Platform Choice

Probably the greatest benefit of trading with this brand is the fact that they offer the prestigious trading software, known as the industry leader for almost two decades – MetaTrader 4. 

Some of the ThreeTrader MT4 main benefits are advanced charting tools, strategy testers, and an extremely comprehensible layout and a distribution that is easy to navigate. These are just some of the benefits that have put this technological solution for online trading on an eternal pedestal. 

However, MetaTrader 5 has already won the hearts of the majority of traders and has a richer offer of features, along with cTrader. We’re not exactly saying that this offer of trading terminals is insufficient, but it could certainly be better, and less outdated. Still, for an offshore broker, it’s still acceptable. Download links are also given for the mobile version and it can be used as a webtrader.

Range of Markets

It can’t be said that the offer of financial instruments on this website is any rich or impressive, considering that only a little less than a hundred of them are available. The broker boasts on the fact that all of these are widely popular and can be sorted in the following groups:

  • CFDs (Crypto CFDs, Commodity CFDs)
  • Metals (Gold and Silver)
  • Indices (Dow Jones, FTSE, DAX)
  • Commodities (Oil, Coffee, Gas, Wheat)
  • Crypto (BTC, ETH, LTC, XRP)

ThreeTrader Account Types: Main Features

The broker didn’t go an extra mile to provide a diverse offer of specialized packages with unique options. There’s only two main account types that don’t essentially differ much, except for, of course, trading costs and deposit requirements. 

Options present on both are two same base currencies accepted – USD and JPY. Same instruments and trading platforms are available in both cases, but the cost and maximum leverage are distinguishingly different. We’ll cover that in just a bit. For now, you can take a look at the prices:

  • Raw Zero – $1,000 or equivalent
  • Pure Spread – $100 or equivalent 


The Raw Zero account type features raw spreads starting from 0.0 pips, which is an attractive offer. With such low spreads, naturally, comes trading commission, which is actually quite low – only $2 per lot per trade.

The other account type includes higher variable spreads starting at 0.5 pips but doesn’t include any trading commission. You have to agree that such conditions are quite amiable, but how honest they really are considering we’re reviewing a blacklisted portal remains a question. 

Lastly, what probably interests the most of our audience are leverage ratios. Standardly, they depend on the concrete trading instrument, but the maximum exposure is 1:500. This is quite a risky trading condition, so unless you’re able to manage your risks professionality, we do not recommend it.

ThreeTrader Rewards Program

As an offshore trading platform, this firm has the liberty to offer various promotions and rewards that are otherwise banned in the strictly regulated nations. 

This concrete program can be joined by any member. The final goal is to trade as much as you’re able to and collect the bonus points from the trading volume. The rewards could be discounts, cashback, iPhones, PlayStation 5 and other promised trendy items.

Deposit Options

The ThreeTrader broker allows two FIAT base currencies, which are USD and JPY, as well as USDT cryptocurrency payments. There are multiple financial channels by which you may deposit funds, and here’s an overview:

  • Bank Cards – Visa, MasterCard, American Express, JCB
  • Instant Payment – BitWallet, VND Instant Pay, Philippines Instant Pay
  • Bank Transfers – JPY Fast Transfer, JPY Direct Pay, Bank Wire Global
  • Cryptocurrency Transfers – USDT direct wallet transfer

Depending on the chosen methods, clients can expect different processing times. For bank transfers this processing can take up to 3 days, while bank cards and cryptos are processed instantaneously. The minimum amount to transfer is $100 or ¥10,000 depending on the method.

Try Funded Trading For Free!

It’s true that this company is regulated, however they have only obtained a license in a somewhat loose regulatory environment, similar to how CDO Markets runs things. Multiple regulatory bodies have issued a warning about their conduct, however

If you’re tired of unreliable services that promise the world only to eat into your profit, feel free to try one of our funded trading programs. We are looking for talented brokers who can use our allotted $180,000 to supercharge their career.


What is ThreeTrader?

It is a regulated Forex broker operating with an offshore regulation.

Is ThreeTrader Regulated?

Yes, the company is in fact regulated, albeit in an area with low supervision and loose regulation.

How to Withdraw From My ThreeTrader Account?

Withdrawals should be possible through the client dashboard. If you encounter any difficulties, contact the customer support or your regional financial regulator for help.

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