Trading Central Review: Is tradingcentral.com Scam?

 
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Trading Central is a company that creates fundamental, technical, news, sentiment and economic analysis tools for brokerages and their investing customers.

Trading Central claims to have a team of developers and traders with trading floor experience involving AI algorithm, pattern recognition and big data crunching.

Their supposedly premium analytics tools are meant to help investors find, validate and time their trades.

Some of the tools that Trading Central provides the market with include the following:

  • MT4 and MT5 plug and play indicators and expert advisors
  • Crowd Insight (tools that enable investors to look into how the crowd feels about a financial instrument.
  • Economic insight which involves actionable data, volatility analysis tools and interactive charting to enable investors establish how events are impacting the currency market.
  • TC alpha generation indicators for gauging market psychology, trade opportunities as well as entry and exits in the MT4/MT5 trading platform.
  • Technical insights for optimizing trading strategies.
  • Strategy building using fundamental and technical analysis.
  • Value analyzer for providing an overview of key value metrics for each stock

And Trading Central also provides a tool where investors can known more while reading as little as possible.

In addition to this, they provide WebTV.

The most unfortunate thing is that prices are not upfront but there is a trial.

The company was founded by Alain Pellier and the domain tradingcentral.com was created in 1999.

trading central review

This company is probably based in France and the founder and CEO is known as Alain Pellier.

In December 2014, they acquired Recognia Inc. However, the domain recognia.com is redirecting to tradingcentral.com.

Is Trading Central Legit?

In as much as this company makes and sells fintech tools all under one roof, we still insist that brokers and their customers alike should buy from vendors who have a track record of making truly valuable products.

If the product costs thousands of dollars from another vendor yet you can find it for free on the MT4 trading platform, there’s no point purchasing it.

Some of the tools provided by this company are already integrated in your most popular MT4 platform.

Analysis research and newsletters are not your cup of tea if you have no time analyzing the market or making decisions pertaining to your trading.

In this case, you should probably use a managed account service.

Conclusion

Trading Central appears to be making great tools but something still makes us want to stop and try their products first.

Their tools are for trading Forex, Indices, Futures, ETFs, Options and Bonds.

If that is the case, we’d like to try them on a live market and see how helpful they can be.

If you have the time to do so, you can go to their website and contact them about trials.

At the moment, we’re seated on the fence because this company is also offering indicators and EAs too, which of course need to be verified to be eligible for recommendation on this website.

Do you want to submit a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad trading service providers..

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