Foster Traffic claims to be a contract for difference trading platform, operated by Foster Traffic Pty Ltd. It purports to be headquartered at 2177 5th Ave #APT 3b, New York, NY, 10037, and offers trading in various markets including Forex, stocks, indices, metals, and commodities.
Services and Products
Trading Instruments
The platform offers the following tradable assets:
- Forex Currency Pairs
Includes major pairs (such as EUR/USD, GBP/USD) and cross-currency pairs (such as AUD/JPY), with round-the-clock trading, high liquidity, and low trading costs. - Stock CFDs
Profit from price fluctuations without actually owning the stock, featuring major global companies like Apple and Tesla, with leverage and two-way trading. - Indices
Trade global market indices (like S&P 500 and Nasdaq 100) that reflect overall economic performance, suitable for diversification strategies. - Precious Metals
Includes safe-haven assets like gold and silver, suitable for hedging against market volatility or long-term value storage. - Commodities
Covers energy (such as crude oil and natural gas) and agricultural products (like coffee and corn), with price fluctuations influenced by supply-demand dynamics and economic trends, offering opportunities to hedge against inflation.
Types of Trading Accounts
The platform offers two types of accounts, namely Standard Account and GU Plus+ Account:
Standard Account
- Main features: No commission, tight spreads, fast execution speed
- Spread starts from: 1.0 pip
- Commission: None
- Leverage: Up to 500:1
- Minimum deposit: 200 AUD
- Tradable markets: 50+ Forex pairs, stocks, indices, commodities, and cryptocurrencies
- Supported features: EA trading, scalping, hedging, free VPS (conditions apply)
GU Plus+ Account
- Main features: Ultra-low spread trading solution for high-volume traders and EA users
- Spread starts from: 0.0 pip
- Commission: 3 AUD per side per standard lot
- Leverage: Up to 500:1
- Minimum deposit: 200 AUD
- Supported features: EA trading, scalping, hedging, free VPS (conditions apply)
Trading Platforms
The official website claims to support MetaTrader 4 (MT4) and MetaTrader 5 (MT5). However, upon verification, no broker information related to Foster Traffic was found on either MT4 or MT5 platforms.
Deposit and Withdrawal Methods
Claims to support various payment methods including:
- Mastercard
- Visa
- Skrill
- Neteller
- Bank Transfer
- Fasapay
Collaboration and Agency Policies
Promotions
The platform offers tiered reward schemes for new and existing users, with cash rewards based on the number of referrals and trading volume:
- NEW STAR REWARDS: Refer at least 3 new clients (each with a minimum deposit of $300 and 3 lots of Forex or precious metals traded) to receive a $300 reward.
- ALL-STAR REWARDS: Refer at least 20 new clients to receive a $2,000 reward.
- MVP REWARD: Refer at least 50 new clients to receive a $5,000 reward (only 1 reward available).
Introducing Brokers (IB) Program
The IB program offers the following benefits:
- Earn long-term commissions;
- Receive marketing support, including banners and email scripts;
- Customizable cooperation terms and commission schemes.
White Label Program
The platform also offers white label solutions including:
- Custom MT4/MT5 trading platform;
- Risk management support;
- Client development and marketing advice.
Educational Resources
The official website provides only basic content related to Forex trading and lacks in-depth and diverse education resources.
Regulation and Credibility Analysis
Claimed Regulatory Information
The website claims to be authorized and regulated by the following entities:
- Mauritius Financial Services Commission (FSC): License number GB13724991.
- Australian Securities and Investments Commission (ASIC): AFSL license number 254963.
- EU Business Company Foster Traffic Ltd: Registration number 586/18.
- UK Registered Company FOSTERTRAFFIC: Registration number FSC/43/612/HS/051.
Actual Verification Results
- The company registered with Mauritius company registration number 138949 is NoDo (Mauritius) Ltd, which has not been granted a financial license by the FSC.
- No FSC license with the number GB13724991 was found, nor is there a registered company named Foster Traffic Pty Ltd.
- No registration of a company with number 586/18 or named Foster Traffic Ltd exists in the European Business Register Network.
- No company with registration number FSC/43/612/HS/051 or named FOSTERTRAFFIC is found with the UK Companies House.
- ASIC license number 254963 actually belongs to GO MARKETS PTY LTD.
Website Data and Brand Exposure
- Semrush reports zero average monthly visits to the official website.
- No news or legitimate information about this platform is found on public networks.
Contact Information
- Phone: +447397824456 / +1(470) 980-7478
- Email: [email protected]
- Contact form on the official website
- Telegram
Social Media
Although the official website displays icons for platforms like Facebook and Twitter, no actual accounts have been established.
Conclusion
Foster Traffic exhibits significant false information, including fabricated regulatory qualifications and company background. Based on public data, the platform is not a legitimate financial institution and is essentially a fraudulent website. Traders should cautiously verify platform credentials to prevent financial losses.
