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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Tradition

South Korea South Korea | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.traditionkorea.com/

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

United States United States 3.54
Surpassed 12.90% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://www.traditionkorea.com/
2nd Floor, 16 Eulljiro- 5gil, Jung-gu, Seoul 04539, Korea
Forex License
Other 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
South Korea
Operating Period
2-5 years
Company Name
Tradition Korea Ltd.
Address
2nd Floor, 16 Eulljiro- 5gil, Jung-gu, Seoul 04539, Korea
Business Region
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • United States tradition.com
    45.60.114.207
  • South Korea traditionkorea.com
    218.38.16.67

Company Profile

Company Profile

Review summary

Tradition Review Summary
Founded2022
Registered Country/RegionKorea
RegulationFSS, FCA (Suspicious Clone)
Trading ProductsFX derivatives, interest rate derivatives, fixed income securities
Demo Account/
Leverage/
Spread/
Trading Platform/
Minimum Deposit/
Customer SupportEmail: recruit.kr@traditionasia.com
Address: Seoul, Jung-gu, Euljiro 5-gil 16 (Samhwa Tower) 2nd floor

Tradition Information

Based in Korea, Tradition Korea Ltd is an interdealer broker specializing in over-the-counter (OTC) financial and commodity markets. The firm offers a comprehensive range of brokerage services, including foreign exchange (FX) derivatives, money markets, interest rate derivatives, fixed income securities, and other financial products.

Tradition Information's homepage

Pros and Cons

ProsCons
Regulated by FSSSuspicious clone FCA license
Unclear fee structure

Is Tradition Legit?

Tradition holds two licenses. One is from the Financial Supervisory Service (FSA). Another is from the Financial Conduct Authority (FCA), but this one is suspected to be a fake clone, indicating potential risk.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Financial Supervisory Service (FSA)RegulatedTradition Korea Ltd.Financial ServiceUnrelesed
Financial Conduct Authority (FCA)Suspicious CloneTradition Securities and Futures SAEuropean Authorized Representative (EEA)188584
Regulated by FSA
Suspicious clone FCA license

What Can I Trade on Tradition?

Trading ProductsSupported
FX derivatives
Interest rate derivatives
Fixed income securities
Forex
Commodities
Indices
Stocks
Cryptoccurrencies
Bonds
Options
ETFs

Company Profile

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is Tradition safe and reliable?

According to WikiFX data, Tradition presents a high-risk profile for retail forex trading. It holds a very low overall score of 1.29. The firm operates without a specific license for retail forex and CFD trading from a recognized global authority. While it holds a General Financial Services License (GF) from South Korea's Financial Supervisory Service (FSS), this authorization does not cover or regulate leveraged margin trading activities for retail clients. The absence of dedicated oversight for its primary trading offerings means investor funds are not protected by mechanisms like segregated accounts or compensation schemes. Engaging with an unregulated entity for these services entails significant risk.

14h
United States

Is Tradition regulated?

Tradition does not hold any valid retail forex trading licenses. Its primary operations in the forex and CFD space are considered unregulated. According to WikiFX data, the entity holds a single active license: a General Financial Services License (GF) from South Korea's Financial Supervisory Service (FSS). This license category, however, is not equivalent to the specialized regulatory authorization required for offering leveraged margin trading to retail clients. Therefore, for traders seeking a regulated forex broker, Tradition lacks the necessary credible oversight.

14h
United States

What is the minimum deposit of Tradition?

Tradition has not publicly disclosed a minimum deposit requirement for its trading accounts. This lack of transparency regarding basic account parameters is an additional factor for potential clients to consider when evaluating the broker's services.

14h
United States

Does Tradition support MT4 or MT5?

Trading platform specifications for Tradition are not currently publicly disclosed. There is no available information confirming whether it offers industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The absence of clear details on its trading infrastructure makes it difficult to assess the user experience and toolset available to traders.

14h
United States
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