Trading Canyon Review: Who Is Tradingcanyon.com And Are They Reliable?
Many companies believe they will be able to hide their true intentions, however, the truth always comes out. If we use our Trading Canyon review as an example, it uncovers the firm’s motives and real operations, leading you to question everything you know about trading tool firms.
There is a border of when the firm starts needing a license to operate. Almost everything connected to trading requires regulation in some nations.
In this particular case, this platform mentions the use of technical indicators for generating buy and sell signals. That is often considered as offering trading decisions, however, TradingCanyon is not regulated by any financial authority to be offering such services.
Who Is Trading Canyon?
The firm claims to have been established in 2019 on its website and in 2020 on LinkedIn, however, we know for a fact they are a recent firm, operating since 2023. That was the first red flag we encountered and unfortunately, there are more. After delving further into their website, we soon realized they are offering financial services without the necessary regulatory oversight.
We are left completely in the dark about the company’s owner, address, or any kind of history. The firm claims TradingCanyon was born out of a genuine interest in trading and they pride themselves on a high level of accuracy but yet fail to provide a proven track record of their claims.
|Company Type||Trading Tools|
|Legal name||Trading Canyon|
|Financial Authorities Warnings||
|If Active on Social Media:||Yes|
|Activity areas||United States; India; United Kingdom; Australia; Canada|
|Main threats||Operating unregulated|
|Main perks||Variety of indicators|
TradingCanyon offers financial services and therefore, requires strict regulatory oversight. However, after thoroughly examining the firm’s website, despite their claims to be secure, they are operating without a license. Nations like the US and the UK where the majority of the firm’s clients come from are strict and regulation by the U.S. SEC and FCA in the UK is necessary.
Furthermore, because there is no one overseeing the firm’s operations, scams are more likely to happen and they pose a greater risk to your funds. Always choose a regulated entity, no matter if they are a platform, signal seller, broker, or any other institution offering financial services. Another unregulated firm you should avoid is AllCryptoCapital.
Trading Canyon Profile
With the help of TradingCanyon, you can get buy and sell trading signals straight to your phone or any other device. TradingCanyon develops algorithms and indicator scripts that are used on the TradingView charting platform. It works for all markets and instrument types, including forex, stocks, indices, commodities, and more.
There are various indicators to choose from and for a price of $59/month. If they ever remove the discounted price, you will be paying $99 a month for the same service, which seems a bit excessive. When you take a deep look at this company, you realize that they would be an amazing choice only if they were regulated.
|Trading Platform||TradingView charting platform|
|Account Types||Starter, Standard, Ultimate|
|Financial Instruments On Offer||
|Minimum Deposit||$59/month, $149/quarter, or $469/year|
|Demo account||7-day FREE trial|
|Education or Extra tools||FAQ|
Is Trading Canyon Safe To Trade With?
Due to the lack of regulation, TradingCanyon is not a safe option. They do offer many benefits and a variety of indicators to choose from, but they are unregulated and pose a great risk to your funds. If they ever go out of business, it will be challenging to get a refund. Try finding a helpful Trading Canyon Reddit discussion if you are considering this platform.
If you are looking for a safe and effective platform, try our AI Analysis Bot. With the power of AI, it analyzes chart data and past prices, giving you valuable insights. To learn more, keep reading our Trading Canyon review because a deeper explanation of our bot is toward the end. Another scammer whose story should be told is Central Margins, so make sure to check them out.
The firm uses Stripe as a payment service provider. Stripe is a secure platform for payments and a PCI Services Provider Level 1, which means it is 100% secure. You can make a deposit with various methods, including credit/debit cards (Visa, Master, Discover, American Express) and PayPal.
The free trial is available for 7 days and you won’t be charged for it. If you do not cancel the free trial, it will continue as a monthly subscription service. According to the terms of service found on the broker’s website, refunds cannot be issued under any circumstance.
Weighing the Pros and Cons
Can I Make Money While Trading Online?
Success in trading depends on a variety of elements, such as expertise, strategic thinking, and market awareness. Modern technologies like our AI Analysis Bot have surfaced in this environment to assist traders in understanding the complexities of financial markets.
Our AI Analysis Bot is a powerful software tool created to extract insightful information from charts while adding relevant data such as past asset price data. It offers well-informed recommendations on whether to buy or sell using complex technical analysis techniques, providing significant assistance in forecasting future market movements.
We are happy to offer a 14-day free trial of our AI Analysis Bot in order to increase the accessibility of this potent technology. Act quickly to take advantage of this opportunity to advance your trading career, keeping in mind that only the first 100 traders to contact us will be eligible for this trial offer.