Tracom

Ashraf Shahhat

1-2 سنة

Which deposit and withdrawal options are available with Tracom, such as credit cards, PayPal, Skrill, or cryptocurrencies?

WikiFX رد

Based on my review of Tracom, I was unable to find clear or explicit information regarding the available deposit and withdrawal options such as credit cards, PayPal, Skrill, or cryptocurrencies. In my experience as a forex trader, transparency about funding and withdrawal methods is absolutely essential when evaluating a brokerage. When this information is lacking—or not published in detail—it raises concerns about accessibility and operational integrity, which could significantly impact a trader’s workflow and financial safety. From what I could gather, Tracom primarily offers its own mobile app as the trading platform and provides contact channels such as phone and email. However, no demo account is available, and there is a noticeable gap in the public disclosure about the process and methods for moving funds into or out of one’s trading account. For me, this is a critical red flag, especially considering the broker operates without any recognized regulatory oversight. Without oversight, there is little recourse if issues with deposits or withdrawals occur. In practice, I would not feel comfortable depositing funds with any broker that does not clearly state all their accepted payment methods and provide details on related fees, timelines, and withdrawal practices. Until such information is presented transparently, I would proceed very cautiously and recommend that other traders do the same.

Broker Issues

Tracom

Deposit

Withdrawal

09-01

الولايات المتحدة

webgalaxy

1-2 سنة

Does Tracom offer fixed or variable spreads, and how do these spreads behave during periods of high market volatility or major news releases?

WikiFX رد

In my own independent evaluation of Tracom, I found that there is no clear or detailed information about whether they offer fixed or variable spreads. This lack of transparency immediately raises concerns for me, especially since reliable brokers usually disclose such fundamental trading conditions up front. Drawing from my experience, a broker’s approach to spreads—whether fixed or variable—has a direct impact on trading risk and expense, notably during high market volatility or significant news releases. With Tracom, the situation is made riskier by the fact that the firm is completely unregulated and has been flagged for suspicious regulatory status and a high potential risk profile. From a risk management standpoint, this absence of oversight means there is no external authority requiring them to maintain fair or consistent pricing, including how spreads behave in fast-moving markets. In my trading career, I have seen unregulated or opaque brokers dramatically widen spreads or make execution difficult during volatile periods, which can significantly harm traders’ results. Considering that Tracom does not provide enough clarity on their spread policy and operates without regulatory supervision, I would approach trading major news events with extreme caution—or avoid the platform entirely. The potential for unfavorable, unpredictable spread changes is simply too high for my standards of prudent trading.

Broker Issues

Tracom

Fees and Spreads

08-30

الولايات المتحدة

S jonas

1-2 سنة

Does Tracom charge any undisclosed fees when making deposits or withdrawals?

WikiFX رد

Based on my careful review of Tracom’s available information, I found no explicit mention of deposit or withdrawal fees in the broker’s profile. However, there are a few factors that require a particularly cautious approach. The most important is the lack of valid regulation: Tracom operates without oversight from any recognized financial authority. In my experience, unregulated brokers can sometimes have less transparency when it comes to operational practices, including fee structures. This lack of oversight makes it difficult to independently verify whether hidden costs exist. Additionally, Tracom does not offer a demo account, limiting my ability to personally test its fee structure in a risk-free environment. The broker’s proprietary mobile app is the primary trading platform, but there’s no public documentation on transaction procedures or potential charges tied to funding or withdrawing accounts. As someone who values financial safety, I am very wary when full fee disclosures are missing, especially with institutions carrying a “high potential risk” label. When a broker doesn’t provide detailed, public information about its transaction costs, there is always the possibility of unanticipated charges when moving funds. In summary, with the present lack of regulation and transparency, I would exercise significant caution, assume that there may be undisclosed fees, and only proceed after obtaining explicit confirmation from Tracom’s customer support in writing before depositing any capital.

Broker Issues

Tracom

Fees and Spreads

08-07

الولايات المتحدة

Razzie87

1-2 سنة

Can you highlight the particular advantages Tracom offers when it comes to its selection of trading instruments and its fee model?

WikiFX رد

As an experienced trader, I approach every broker with a careful eye on regulatory status, product scope, and practical features. When evaluating Tracom, I found that its main advantage lies in the breadth of its investment instruments. This broker offers access to capital markets, demat services, mutual funds, portfolio management (PMS) distribution, initial public offerings (IPO) application, and various types of bonds, including NCDs, corporate fixed deposits, RBI bonds, and capital gains tax savings bonds. For someone like me who values diversification, this variety is attractive, as it allows a single account to manage equities, debt instruments, and mutual funds. However, I must emphasize that Tracom operates without any valid regulatory license. In my experience, this raises significant concerns around client fund safety and transparency—especially when compared to brokers who are stringently regulated and scored much higher on industry trust metrics. Also, there was no clear public information about Tracom’s fee model, nor does the broker offer demo accounts for trial purposes. This lack of transparency around fees and trading costs makes it difficult to assess competitiveness, and can be a risk for traders who are conscious about costs. While the broad product access is notable, caution is essential due to the unregulated nature and opaque fee structure—I personally would avoid entrusting significant funds to any broker under these circumstances.

Broker Issues

Tracom

Regulation

07-27

الولايات المتحدة