Traderseed Review: An Honest Evaluation of the Firm’s Operations

At first glance, the website of the firm looks like it lacks too much beneficial information and seems like it is badly designed, just like with Fintegral. Even the contact details provide only an email for the owner, without so much as a phone number to reach them. 

Read our Traderseed review and learn if the firm is a reliable choice for traders. 

Who Is Traderseed?

TraderSeed, a Dublin-based company, serves as the link between you, the trader, and the FTMO prop firm. Kieran, a well-known member of the online forex trading community who frequently posts on his YouTube channel, is the owner of the business. 

Traderseed was first established as a white-label partner of the market-leading prop business FTMO, but it is now an independent trading company. Many details about the firm are not disclosed, indicating that they lack transparency. The question still remains: Is this firm reliable? Keep reading our Traderseed review and find out. 

Regulation Info

Prop firms usually don’t require regulation as they don’t deal with the traders’ funds directly. In this instance, the regulation falls completely onto the broker they’re using. According to the firm’s website, they are powered by Eightcap. 

Eightcap is regulated by FCA (UK), CySEC (Cyprus), ASIC (Australia), and SCB (The Bahamas). Traders funded by Traderseed frequently have the freedom to select a broker that matches their trading preferences and goals. 

Traderseed Broker Profile

On Traderseed, the fundamental program is called the 20X Challenge. It is intended to improve traders’ trading techniques, promote prudent risk management, and get rid of excessive leverage that frequently results in account blowouts. 

The intermediate-level task that advances traders’ journeys is called the 30X Quest. With its larger accounts and higher leverage (10:1), traders can test their trading techniques with generous buying power and broader loss limits. 

For traders who favor high-risk methods and wish to practice trading with more buying power and higher leverage (100:1), the Aggressive 20X Challenge is an alternative to the original 20X Challenge. 

Is Traderseed Safe To Trade With?

On ScamAdviser, it has been reported that data-sensitive services provided on the firm’s website are hosted on a shared server, which indicates your personal information is not safe. Additionally, many traders reported the website for selling fake products and voted it as a potential fraud. 

Then again, the firm has impressive Trustpilot reviews and many traders praise the company. They do offer some benefits, however, the lack of transparency seems concerning. If you plan on using this firm, make sure to test it out with small profits first and then later boost up your trading plan. 

Traders Share Their Experiences

On Trustpilot, the prop firm has an overall score of 4.8 based on 145 reviews. The interesting thing to note here is that there are no 1-star or even 2-star reviews and all reviews seem to praise the firm for a good job. Fake reviews are nothing new in this world and many try to attract clients through that kind of scheme. 

Having that in mind, it is suspected that Traderseed faked its reviews because even the most reliable companies have at least a couple of negative reviews. Additionally, considering they were established in 2019, there should be more than 145 reviews in 4 years.

Who Are the Traders They Cater To?

Traderseed likely maintains an online presence through its website and social media channels. Traders from various nations are attracted to the Traderseed prop firm, including the United States, United Kingdom, South Africa, Nigeria, and India. 

Even though prop firms don’t require regulation, it’s important to check your country’s rules and restrictions to confirm that. Also, don’t forget our Crystal Trust review of the broker that is not as trustworthy as it presents to be. 

Deposits and Withdrawal Methods

Besides the initial fee, there are no other costs while trading with Traderseed. The available payment options are wire transfers, credit/debit cards, cryptocurrencies, or other popular e-payments such as Skrill or Neteller. 

Once you decide to withdraw your profits, you can expect payouts via Deel. With Deel, you will be able to withdraw your payouts using Wise, Bank transfer, Payoneer, Revolut, Mercury, and many others. Each time that you complete a level, you will get paid out your completion payout for that level and can start trading the next level up immediately.

Weighing the Pros and Cons

Can I Make Money While Trading Online?

Trading can surely be a way to make money online, but it’s crucial to keep in mind that success is never guaranteed. It calls for expertise, planning, and the appropriate equipment. Our AI bot steps in to help with that.

Our AI bot was created to streamline and improve trade. It gathers past price information, examines charts, and gives investors insightful information. It assists you in using technical analysis to decide whether to purchase or sell with knowledge.

Are you prepared to boost your trading? For a certain period of time, we are providing a 20-day free trial of our AI bot to the first 100 traders who contact us. Don’t pass up this opportunity to improve your trading abilities. Call us right away.

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