12 TRADER

12 Trader, operating under the domain 12trader.com, is a retail forex and CFD broker registered in Saint Vincent and the Grenadines. According to our records, the company was founded on April 4, 2019. However, the broker’s marketing materials claim it was established in 2013 and operates from the United Kingdom, creating a discrepancy in its stated history. Independent public information about the broker is very limited, as our web searches returned no relevant results, making verification of its claims difficult.

12 Trader does not hold any regulatory licences from any financial authority. This is a critical point for traders, as lack of regulation means there is no independent oversight of the broker’s operations, no guarantee of client fund segregation, and no access to compensation schemes or dispute resolution mechanisms. The FXCanary Scam Risk Score of 75/100 (Severe) reflects the elevated risks associated with unregulated brokers.

The broker offers three account tiers: GOLD, SILVER, and MICRO. The GOLD account requires a minimum deposit of $25,000 and offers maximum leverage of 1:400. The SILVER account requires a minimum deposit of $10,000, also with leverage up to 1:400. The MICRO account is accessible with a $500 minimum deposit and offers leverage up to 1:200. These high leverage levels are common among unregulated brokers and pose significant risk of rapid account loss.

Although specific instruments are not listed in our records, the broker claims to offer trading in a wide range of stocks, commodities, indices, and cryptocurrencies. It also promises personal advisors and free market analysis. Without a verifiable list of instruments or information about trading platforms, it is unclear what assets are actually available for trading. Traders should exercise caution and request detailed information directly from the broker.

No details about funding methods, withdrawal processes, or fees are available from our known facts or web searches. Typically, unregulated brokers may have limited or opaque payment options. Prospective traders should verify these details directly and be wary of any requests for large deposits or restrictive withdrawal policies.

Given the high minimum deposits for the SILVER and GOLD accounts ($10,000 and $25,000), 12 Trader appears to target more affluent traders or those seeking a premium service. The MICRO account, with its lower barrier, may appeal to retail traders. However, the absence of regulation and the severe risk score suggest that this broker is not suitable for risk-averse traders or those who require regulatory safeguards.