About TRADESKA
Company Overview
TRADESKA is a forex and CFD broker that was founded on July 11, 2022, and is registered in the United Kingdom. The company lists its registered address at 22 Stanley Road, London W30 8MD. However, it is important to note that TRADESKA is not regulated by any financial authority. This lack of regulation means that clients do not have access to protections such as negative balance protection or compensation schemes that are typically offered by regulated brokers.
Trading Platform
TRADESKA offers trading exclusively through the MetaTrader 5 (MT5) platform. MT5 is a multi-asset platform that supports forex, CFDs, futures, and stocks. The platform provides advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs). Traders can access MT5 on desktop, web, and mobile devices.
Account Types and Minimum Deposit
The broker offers a single account type called PRO. The minimum deposit required to open this account is $500. This is a relatively high minimum deposit compared to many other brokers that offer accounts from as low as $1 to $100. The PRO account is designed for traders who are willing to commit a larger capital.
Leverage
TRADESKA provides leverage up to 1:500. While high leverage can amplify profits, it also significantly increases the risk of losses. Traders should be cautious when using such high leverage, especially with an unregulated broker where risk management measures may not be enforced.
Instruments Offered
According to the broker's claims, TRADESKA offers trading in forex, commodities, shares, indices, and cryptocurrencies. This range of instruments allows traders to diversify their portfolios. However, the actual availability of these instruments may vary, and we have not independently verified the execution conditions or liquidity.
Customer Suitability
TRADESKA appears to target retail traders who are seeking high leverage and a variety of instruments. Due to its unregulated status, the broker is not suitable for risk-averse traders or those who require the protections of a regulated broker. Traders considering TRADESKA should be aware of the potential risks and should conduct thorough due diligence.
Overview compiled by FXCanary from regulatory records and public data. full TRADESKA review