Trade.com broker review 2020

About the company

Trade.com was established in 2009 with the intent of making online trading easy for investors, if you are looking for internal details that would otherwise help you pick this firm as your choice of service, this review is directed to you. The Company is a Forex and CFD broker that provides cutting-edge trading solutions to a global clientele scale. The firm is operated by LeadCapital Markets, an investment company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license no. 227/14. The company also complies with the Financial Instruments Directives (MiFID) and is registered with major licensing bodies throughout the EEA.

Trading Accounts

Trade.com offer three different account type; Classic- The minimum deposit for this account is $100, holders receive daily analysis and morning market review, they get access to desktop and mobile trading platforms, they get access to a wide range of video tutorials, they get access to 24hour customer Service, they also get their own dedicated account manager with choice of joining online webinars and regional seminars. Standard- You need $2500 minimum deposit for this account, in addition to the classic account bundle you will receive SMS news and Trading Signals. Premium- the minimum deposit for this account type is $10 000, holders of this account type receive exclusive Premium customer support.

Spreads and leverage

Spreads do vary by account types and an asset is chosen for the trade, for instance, the EURUSD currency bid/ask spread can be as low as 2.2 pips for floating mode and 3 pips for fixed pricing. Leverage is focused on limiting risk exposure, Forex pairs with high liquidity have a maximum of 200:1 but for exotic pairs, leverage can fall to 25:1.

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 Deposits and Withdrawals

Transactions are processed via credit cards and banking wire transfer, the firm also supports a number of epayment methods such as skrill, Neteller, and Safeguard. Withdrawals are processed fast, provided that identity has been verified, you have to make sure that you submit your government issued identity and proof of address such as your bank statement. Client deposits are safe, kept in segregation with Top-Tier Bank accounts, the Cyprus Investor Compensation Program also provides additional protection of up to 20,000 euros.

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Beginner’s Customer Support

Trade.com provides their clients with a host of trading tools and instrumental material made to help traders make smart, educated decisions. One of the best tools offered by the firm is their signals which track rapid fluctuations in market trends. This tool is powered by the leading signal provider, Trading Central, the signals alert traders to market movements using an easy to follow up and down arrows. This opportunity is available to account holders with a minimum deposit of $2000. The company provides tutorials on FX and CFD trading, geared to help traders maximize their potential in the global market and provides expert guidance and support to traders of all level. EBooks are also an available resource with a wealth of trading instructions and strategies loaded with practical tips that can be applied immediately on the very first trade.

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Why Trade with TRADE.com

  • The website is available in 19 languages
  • Spreads and leverage are competitive, with key differences on account types
  • Customer service can be reached fast via live chat, email or telephone
  • Wide range of assets; 55 currency pairs, 260 stocks, 29 indices, 18 commodities and 5 bonds
  • MT4, web trader and mobile platforms are available
  • Founded in 2009, with headquarters in Nicosia and Cyprus
  • Minimum deposit = $100
  • Attractive bonus promotions
  • All accounts include a dedicated account manager
  • Client deposit safety is ensured

If I wasn’t already trading using pepperstone this would be definitely my choice broker, The service from raps is excellent.The bonuses are great, the mt4 platform is extremely quick and the deposits are safe. I bet you couldn’t look for more than that too.

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