123 Trade Review

Detecting forex scams early is the best way to protect yourself. Before you join an online brokerage, make sure the broker is regulated in legitimate places. Do you think you found a scam broker? You might have heard about 123 Trade and its investment offers online. But is it safe to trust? This is a big question for anyone considering investing. In this review, we’ll check if 123 Trade is secure or a scam.

🏢 Headquarters	NA
🗺️ Company Name	NA
🗺️ Foundation Year	NA
🗺️ Company Address	NA
🗺️ Website	123trade.com
🗺️ Contact	NA
💻 Regulatory Status:	No Regulation
🗺️ Type of License	No license
💰 Should I trade with it	No (We don’t recommend)
⭐ Scope of Business	Suspicious

What is 123 Trade?

123 Trade says it’s a place where you can trade different things. It’s supposed to be a company that helps people shine in the world of investment. They say they’re based in the United States. The company claims to offer a wide range of trading instruments, including forex, stocks, and cryptocurrencies.

But many users have said they’ve had problems with it. They’ve had trouble getting their money back, the customer service hasn’t been helpful, and some of the trading seems strange.

Is 123 Trade safe or a scam broker?

123 Trade isn’t safe because it’s not regulated by a strict financial authority. It scored poorly in five areas: Regulation, Licensing, Business practices, Risk management, and Software. Plus, they don’t offer any educational materials and only have email and phone support. So, we wouldn’t recommend opening an account with them.

FAQs

Can I rely on 123 Trade with my money?

Trusting 123 Trade with your money might be risky because many people have had problems with the platform’s reliability and customer support.

Is it easy to withdraw funds from 123 Trade?

Withdrawing money from 123 Trade has been hard for users. Many people have said they faced delays or that their withdrawal requests were not accepted.

How quickly does 123 Trade’s customer support respond?

Lots of users say that customer support at 123 Trade doesn’t reply quickly. This makes it tough to solve problems or ask questions when you need help.