SPLITTRADES

SPLITTRADES presents significant safety concerns. According to WikiFX assessment, it operates without any valid forex trading licenses, placing client funds outside the protection of major regulatory authorities. The WikiFX risk score for this broker is exceptionally low at 1.52 out of 10, which reflects a severe deviation from accepted safety and operational standards in the industry. Trading with an entity lacking regulatory oversight involves substantial inherent risks to fund security and trade execution fairness.

No, SPLITTRADES is not regulated. Its formal identity is TEAM NORTH PARTNERS LTD, registered in the United Kingdom. However, it does not hold any valid regulatory licenses from recognized authorities like the UK's Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), or the Australian Securities and Investments Commission (ASIC) for offering forex and CFD trading services. This represents a complete absence of credible financial oversight.

The minimum deposit requirement varies by account type. The Standard account has the lowest entry point, requiring a minimum deposit of 250€. Higher-tier accounts have progressively larger requirements: the Classic account requires 5,000€, the Premium account requires 40,000€, and the Gold account has a minimum deposit threshold of 100,000€.

The specific trading platforms supported by SPLITTRADES are not explicitly detailed in its publicly available specifications. Notably, while the available information confirms that all listed account types permit the use of automated trading systems (Expert Advisors), the precise platform software—whether MetaTrader 4, MetaTrader 5, or another solution—is not currently disclosed.