TraevenSoft

To get started, users are prompted to quickly register an account. On the official page you are offered a special form, which will take you a maximum of a couple of minutes to fill out. Administrators also require their new clients to provide documents to verify your TraevenSoft personal account. 

After logging into your account, you will have three trading account options to choose from:

• Beginner Account – minimum deposit of $1,000, leverage 1:20, instant order execution;
• Standard Account – minimum deposit amount from $25,000, leverage 1:50, access to cryptocurrencies and precious metals, the ability to open a PAMM account;
• Master Account – deposit from $50,000, leverage 1:100, deposit insurance available and access to all financial instruments.

There is no demo account provided here, as well as educational materials for inexperienced traders, which further spoils the image of this pseudo-broker.

Security of trading with a broker

On TravenSoft official website it is indicated that the organization is registered in Germany. At the same time, quite a lot of licenses are also listed, most of which are issued by offshore commissions. Moreover, even they turned out to be fictitious, so it is obvious that the activities of this dubious company are not controlled by anyone.

Legal documentation is not provided, and contacts are invalid, so there is no need to rely on the help of mythical support, which allows us to add this charade to our black list.