The broker says that it is legal, but only has limited licensing status. There are different levels of accounts that can be opened and reduced commissions based on the amount deposited by the customer. Customer support is provided in the form of an online chat, while client reviews span from neutral to enthusiastic but cautious. We decided to find out if the business is indeed a scam.
About Our Team
Tradenv Snapshot
| Claimed Regulation | MISA |
| Verified Regulation | T2023238 – Suspended |
| Licence Last Checked | 19/05/2025 |
| Minimum Deposit | $10 |
| Retail Leverage up To | 1:500 |
| Affiliate Programme | No Details |
| Type of Education | Not Found |
| Claimed Year Foundation | 2020 |
| Domain Parked Since | 28/01/2025 |
| Trading Software | MetaTrader 4/5 |
| Mobile Compatibility | MT4/5 Apps |
| Languages Supported | En |
Advantages and Disadvantages
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The company provides at least one contact support function.
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Limited information on the landing page.
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A licence from an offshore regulator has been revoked.
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Improved trading conditions are only given if a larger initial deposit is made.
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Rebranding for an undisclosed reason.
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Payments are predominantly made in cryptocurrency.
Legitimacy Check
The authenticity of Tradenv is questionable. We prefer to review the firm’s history and narrative to check if its operations are genuine or not.
The company’s official website asserts that it is licensed by MISA, an offshore regulator in the domain of the Comoros. This is partially correct; the name of the company used to be on the list of licensed firms published by MISA. Sadly, to date, the licence has been officially revoked and the firms’s activities must be suspended in accordance with local laws.
A further red flag is triggered regarding the headquarters and legal registration of the company. The address provided in Saint Vincent and the Grenadines is famous among anti-fraud circles. Dozens of other such scams employ the same jurisdiction, which is being exploited due to its poor corporate regulation. To make things clearer, we suggest searching for user reviews on Google Maps.
Tradenv.com Content Quality
The website is only available in English, which is the currently supported language. Following a rebranding exercise (which will be addressed later), content availability is minimal. Surprisingly, critical account data such as commission rates, spreads, and leverage are not clearly disclosed.
Tradenv’s activities include dealing using MetaTrader 4 and MetaTrader 5 software. While this is a plus for them, this does not guarantee immediate order execution. The company asserts that it uses an STP (Straight Through Processing) strategy, sending trades to liquidity providers. However, with its scandalous history and revoked licence, we cannot recommend believing such assertions.
Key Trading Features
Tradenv supports multiple account types: Standard, Pro, VAR, and Mini. But details about them are politely left out and can be discovered only by contacting support. The differences mainly lie in spreads and commission models. We prefer to delve deeper into the trading terms.
The minimum deposit is $10, a level dictated by the platform’s reliance on cryptocurrency transactions. While this minimal threshold may appear customer-oriented, it leaves room for manipulative practices on the part of company representatives, such as posting “profitable” transactions via the terminal to attract bigger deposits. A demo account feature is available through the trading software.
A list of instruments includes currency pairs, indices, commodities, and other standard tools. Of note is the use of contracts for difference (CFDs), a high-risk investment instrument. The tradenv.com website itself confesses that 85% of customers trading CFDs lose money.
Spreads are 0.4 to 1.2 pips, though precise numbers are not publicly revealed. This information can be obtained from support, internal reports, or upon opening an account. Commissions are between $4 and $9 per lot. Obviously, larger deposits are necessary in order to enjoy lower commission fees.
There is no reference at all to extra services, not even in marketing pitches. The site offers zero educational tools, no FAQ page, and no teaching aids. In spite of promises of round-the-clock support, the support quality is in doubt (we will discuss it later). There are no bonus or referral schemes providing material benefits.
The chief faults are thus clear: high commissions, unlawful leverage, and an absolute lack of ancillary services. High spreads also limit the potential for profitability of the platform, particularly under realistic trading circumstances.
Tradenv Track Record Insight
The project began operation in early 2025, confirmed by a Whois domain check. But the history of the company is itself a telling one: previously, it had been operating under another name — Envi LLC — since 2020. The same name appears in the list of revoked licences of the same offshore agency. Finally, the previous official website envifx.com is now redirecting to the domain we are reviewing.
As for the previous EnviFX brand, it has been in operation since at least December 2020, according to Internet Archive images. The revoked MISA license we already mentioned was issued in April 2023, so the broker has indeed been operating for about 5 years.
Customer Service Support
Customer support is limited to an email; no direct contact numbers are provided. However, there is an online chat, more like a chat bot, where they primarily offer to solve problems if you were previously a client of EnviFX. Other issues are apparently not addressed.
Links to the company’s profiles on X, Facebook and Instagram are provided. The X (formerly Twitter) account was created in October 2020, but that’s the only bit of value. All accounts have too few followers to be the premium service provider that Tradenv strives to be. In addition, the posts have not been updated anywhere since February 2025.
Our Verdict
We highly recommend avoiding Tradenv. The project is working without a valid licence and uses manipulative domain strategies. The trading conditions are not profitable, the site has no vital information, and technical problems exist even with registration.
About the author
A low initial deposit can sound attractive but when your money disappears just about in a split second, the attractiveness vanishes quite fast… There is no point in trading or trying to make money here.