About TradeCare365
Company Background
TradeCare365 is a retail forex and CFD brokerage registered in the Republic of Seychelles, incorporated on 15 June 2023. Its official registered address is listed as 1397 Bernier Spurs, Port Leon, Seychelles, SC. The broker operates solely from this jurisdiction and does not hold any regulatory licences from recognised financial authorities.
The firm’s short operational history and offshore registration are factors that traders should consider carefully. With no oversight from major regulators such as the FCA, CySEC, or ASIC, TradeCare365 operates in a jurisdiction known for minimal supervisory requirements.
Regulatory Status
According to FXCanary’s records, TradeCare365 has no regulatory licences on file. The broker is not authorised or supervised by any financial regulatory body. This absence of regulation means that clients do not benefit from investor protection schemes, dispute resolution services, or capital adequacy requirements that licensed brokers must adhere to.
Unregulated status is a significant red flag for risk-averse traders. In our assessment, the lack of regulatory oversight places the burden of due diligence entirely on the client and increases the likelihood of operational risks.
Account Types and Minimum Deposits
TradeCare365 offers four distinct account tiers: STANDARD, PROFESSIONAL, BUSINESS, and BUSINESS PLUS. The STANDARD account requires a minimum deposit of $250, making it accessible to retail traders. The PROFESSIONAL account requires $10,000, the BUSINESS account $30,000, and the BUSINESS PLUS account $100,000.
The broker does not disclose maximum leverage for any of its account types in our known facts. This lack of transparency around trading conditions is a common concern among unregulated entities, as leverage can significantly amplify both gains and losses.
Available Instruments and Platforms
Our data does not include information on the financial instruments that TradeCare365 offers for trading. Typically, retail brokers in this segment provide forex, commodities, indices, and cryptocurrencies, but we cannot confirm which asset classes are available through this broker.
Similarly, the trading platforms supported by TradeCare365 are not listed in our records. Common platforms include MetaTrader 4 or 5, cTrader, or proprietary web-based interfaces, but without official confirmation, traders should verify this information directly with the broker before committing funds.
Deposits, Withdrawals and Fees
No details regarding payment methods or fee structures are available in our research. Unregulated brokers often have less transparent fee policies, and clients should be cautious about hidden charges, withdrawal delays, or restrictive terms.
We strongly recommend that any potential trader contact TradeCare365 directly for a complete disclosure of all costs associated with trading, including spreads, commissions, overnight financing, and withdrawal fees.
Conclusion and Risk Assessment
TradeCare365 presents itself as a retail forex and CFD broker, but its operation from Seychelles without regulatory oversight makes it a high-risk choice for traders. The lack of independent public information, coupled with the absence of regulatory protection, places the onus on the trader to perform thorough due diligence.
FXCanary’s Scam Risk Score of 55/100 (Elevated) reflects these concerns. While the broker may be legitimate in intent, the combination of limited track record, unregulated status, and non-transparent trading conditions warrants extreme caution. We recommend that traders consider only fully regulated alternatives with proven reliability.
Overview compiled by FXCanary from regulatory records and public data. full TradeCare365 review