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Advanced Trading, how much commission per lot for their Islamic account?
fxfxJane
United Arab Emirates
2026-08-03
ANSWER Dear Investor, We do not recommend trading with Advanced Trading (Advanced Trade) due to highly questionable regulatory claims. The platform asserts that its company, ADVANCED TRADING ENTERPRISE LIMITED, is dual-regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). Upon investigation, we found no records of this company in the databases of either ASIC or VFSC. Furthermore, based on the ASIC license number they provided, we discovered that this number actually belongs to another entity, TOP 1 MARKETS PTY LTD. Therefore, the regulatory claims made by Advanced Trading are completely false and are highly likely fabricated to mislead traders. We strongly advise you to avoid having any dealings with such a platform to prevent potential fraud.
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Is https://www.advanced-trade.com/ license up to date？
Griffin
泰國
2022-05-16
ANSWER Advanced Trade is not legit and should be avoided at all events. Advanced Trade claims to be owned and operated by ADVANCED TRADING ENTERPRISE LIMITED, a regulated entity by the Australian Securities and Investments Commission (ASIC) with Representative Number: 001276870, and Vanuatu Financial Services Commission (VFSC) under Representative Number: 40436. However, the search results from both ASIC and VFSC indicate that the alleged regulation belongs to another broker named TOP 1 MARKETS, which is not affiliated in any way with Advanced Trade. We would like to remind traders that Advanced Trade is a clone firm that falsely uses details of a licensed entity to lure unsuspecting traders. All in all, Advanced Trade is not overseen by any regulator. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam. We would recommend traders stay away from unregulated brokers like Advanced Trade and trade with licensed brokers.
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