TRADE.com is one of the leading forex brokers in terms of flexibility and customer support so let’s do Trade.com forex review.
Trade.com are owned and managed by a company known as Lead Capital Markets Limited. TRADE.com is highly regulated and fully licensed by the Securities Exchange of Cyprus (CYSEC). The operation of TRADE.com is also being supervised by the regulatory authority of European Union MiFID. Apart from supervision and regulation, the company is also registered with some European authorities like France (AMF), Germany (BaFIN), as well as, the UK’s FCA.
TRADE.com offers its customers the opportunity to trade in several trading instruments such as forex, indices, commodities, bonds, and stocks. Traders that are registered on the platform are guaranteed of top-notch educational resources, several assets, and detailed analysis of the market trend. In addition, TRADE.com’s trading platform is MetaTrader and WebTrader.
FEATURES OF THE TRADING PLATFORM
Traders using the TRADE.com platform have the opportunity to trade on various instruments such as precious metals, commodities, oil, sugar or wheat, silver and gold, as well as, major indices like NASDAQ, NIKKEI, FTSE. That’s not all; the platform also features trading instruments such as CFDs, bonds, and international stocks. Traders that are interested in trading CFDs won’t pay any fees or commission, but the requirement for the CFD trading is between 2 to 5 percent. Traders trading on forex can choose between trading with floating spreads or fixed spreads.
Furthermore, one outstanding feature offered on the TRADE.com platform is what is known as rollover. Rollover is only applicable when you carry out overnight trading. The interest would be deducted or paid when there is an open position. The interest rates when you trade overnight are listed on the company website.
TRADE.com has only three types of trading account which her customers can choose from. The trading account includes Premium account, classic accounts, and standard accounts. Each of the accounts has its own unique features. For instance, potential traders that intend to open a classic account must deposit a minimum of $250. On the other hand, operating on the standard account, traders must deposit at least $2,500. Then for the Premium account, traders are required to deposit at least $10,000. It should be noted that irrespective of the account you chose to open, the benefits are the same for all the three types of account except that the SMS news is strictly for traders on Premium and standard accounts.
Another feature that is limited to the premium and standard accounts are daily analysis. Only the premium account has the benefit of customer service. TRADE.com also has a live account and a demo account.
The demo account is meant for traders that are trading on PC and mobile. The features include;
- Availability of practice funds
- The various trading strategy is practicable free of charge
- Customer support is available for different languages on 24/5 basis.
Traders using the live account have the following to benefit;
- 24/5 multilingual support, analysis, and news
- Charts, graphs, real-time quotes, technical indicators, and limit orders.
- Mobile/PC trading, Low minimum deposits, and MT4 trading platform
TRADING SOFTWARE OR PLATFORM
TRADE.com is designed with cutting-edge software. The trading platforms that are available on TRADE.com are WebTrader and MetaTrader. Potential traders can download the WebTrader app from either PlayStore or Google store in order to gain access to the MetaTrader platform. When you are on the WebTrader platform, access to your trades through your smartphones and PC is made easy.
DEPOSIT AND WITHDRAWALS
Potential traders are to note that at least $100 is required for them to open an account. The TRADE.com platform accepts a deposit in the following merchants;
- Wire Transfer
- Visa Electron
Traders using the Wire Transfer option should note that it may take up to 3 days before your deposit reflects on your account online. All the deposit methods are safe and secure with cutting-edge financial security tool like the SSL technology.
Traders can also use the following methods to withdraw their earnings without restrictions;
- Wire Transfer
- Visa Electron
The TRADE.com market involves several instruments such as commodities, stocks, forex, indices, and bond. All the information regarding how to trade these instruments is provided on the website, as well as, technical components like order execution policy, margin requirements, and investor compensation fund, among other information. Each of these instruments comes with top stocks, tradable assets, currency pairs, commodity, available bonds, and major averages.
TRADE.com is one of the leading forex brokers that offers trader top-notch educational services. The platform has a lot of instructional materials and trading tools that potential traders can leverage on to learn all the nitty-gritty of the platform.
A trading tool such signals can be deployed by the interested traders to learn about the movements in the market. However, only account holders that have up to $2,000 in their account can have access to this tool. In addition, the TRADE.com platform offers exclusive library containing quality tutorial videos to sharpen the skills of traders.
Furthermore, there is an availability of Global Financial Calendar which trader can leverage on to know the market trends, as well as, upcoming events that would impact the forex market.
Traders on the TRADE.com platform can register their complaint and queries to the customer service team of TRADE.com via firstname.lastname@example.org, +44-203-150-020, +44-20-3150-0456, as well as, meeting physically with a member of staff at their office address in Cyprus. Customer care numbers are available in the following countries;
- New Zealand
The security and safety of investors’ funds are guaranteed due to the cutting-edge technology deployed to secure the platform. As a matter of fact, TRADE.com places a premium on the safety of investors’ funds. All the three trading accounts are also secure with cutting-edge encryption protocols. Therefore, traders can trade with confidence knowing that their funds are in safe hands. In addition, considering the fact that TRADE.com is being regulated by reputable regulatory agencies, the agencies would leave no stone unturned in ensuring that traders’ funds are safe.
EASE OF USE
Best part of this Trade.com forex review is the fact that the TRADE.com platform is user-friendly and always ready to use. Potential and experienced traders can learn all the features of the platform, their functionality, as well as, all the available trading tools when they leverage on the instructional materials available on the platform. Also, forex trading and CFD trading videos are available to guide traders on how to trade successfully. Traders can also trade on the go via their smartphones.
BENEFITS OF TRADE.COM
The TRADE.com platform has a lot of mouth watery benefits some of which are;
- Regulated by reputed regulatory agencies
- Availability of demo account to practice your trading skills
- Availability of three different trading accounts
- 24/5 customer support
- Availability of mobile trading platform
Trade.com FOREX REVIEW CONCLUSION
If you are interested in forex trading, TRADE.com is a platform to leverage on. The platform will get you started on forex trading, CFDs, indices, stocks, commodities, and indices. TRADE.com makes use of cutting-edge technology to secure the funds of traders. In addition, novice traders have nothing to worry about due to the fact that the website boasts of several instructional materials and training videos they can rely on to harness their train acumen.