Who are TRADE.com?
TRADE.com has been operating since 2009 and it is owned by Leadcapital Markets Ltd. which has his headquarter in Cyprus. The company also own a number of other successful ventures like Forexyard.com, Excellence Option, Prestigeoption.com, and Optionsclick.com. They are regulated by the CySEC, the FCA, and several other European bodies. Client account funds are segregated in major tier-1 international banks for safety so you can have piece of mind.
Before we start analysing deeper all the aspects of TRADE.com our suggestion is that you open a demo account with them so you can touch with hand and without risk the feature that we are reviewing in this section.OPEN DEMO ACCOUNT >
What are TRADE.com’s spreads and fees?
Spreads can change depending on the asset type that you choose and the pricing mode that has been assigned to your account. As normal in the industry there are 3 accounts types which basically are depending on your deposit balance. In every account you will have escalating benefits but in each of them you will have a dedicated account manager, support and educational material and also a demo account with $100,000 in virtual cash that you can use to try your trading strategies before risking any real money. As mentioned spreads can also change depending on the asset type: if you are trading the ‘EUR/USD’ currency pair the Bid/Ask spread can be as low as 2.2 pips for floating mode and 3 for fixed pricing. Leverage is also managed in similar way mostly to avoid high exposure.
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Features and Account Types
When opening an account with Trade.com you have three trading account available: Classic, Standard and Premium. The Classic accounts will require a minimum deposit of £100 while the Standard requires a minimum deposit of £2,500 and the Premium requires a minimum deposit of £10,000. Every account is different and provides its own unique benefits like training, educational packages, personal training and top customer support. For example if you are going for the Standard or Premium accounts you will receive access to premium daily analysis and also SMS with news and signals. With the Premium account you will also get premium customer support. There are also demo accounts available so that traders can get used to the tools available and also try out some strategies without risking actual money.
Premium customer support is only available to Premium accounts. Demo accounts are also available so that traders can familiarize themselves with the platform. As a user of Trade.com you will be able to trade with an impressive number of instruments like international stocks and bonds, cryptocurrencies like Bitcoin, Ethereum precious metals, oil, sugar, major indices and lots more. All done via CFD’s. On Trade.com there are a total of over 2000 instruments available to traders so there are great opportunities for every strategy. On Trade.com you will also get offered rollovers, which are applied to overnight trades that involve interest paid or deducted on the open positions.
On Trade.com you will find two platform which are their WebTrader and MetaTrader4. Thanks to WebTrader traders are able to connect from everywhere in the world as long as they have a solid web-connection as it can be used on any browsers without doing any download: so you will be able to access through desktop, tablet and mobile wherever you are. MetaTrader4 is an app which can be used via desktop and also mobile device. MetaTrader 4 can run on Windows but also Mac, iOS and Android.SEE TRADE.COM PLATFORMS >
Depositing and withdrawing on Trade.com is very simple as they do accept multiple payment options. Those include debit and credit cards and also all the major e-wallets like Skrill, Neteller and so on. You can also transfer via bank. In order to open an account with Trade.com you need to deposit at least £100 and there are no deposit fee charges. Withdrawals can be made at anytime with the same payment options that are available for depositing. Traders can also withdraw offers but they need to have a minimum trading volume of $10,000 for each $1 offer.
Trade.com offers customer service from Sunday until Friday during business hours. Their agents can be contacted in many different ways like telephone, email or postal mail. Their customer service can also provide localised support as they have 27 languages available.
Trade.com is a reputable broker that has great features to help you getting a solid forex trading experience. Trade.com is not only forex as they do offer a huge range of assets as well. New users will be able to start by using their demo account to try and experiments different tools and strategies and to find the best personal preferences. Generally we can say that this broker’s website and their trading platforms are very easy to use and surely it is a top selection for both beginners and experienced traders.
*RISK WARNING: Trading CFDs carries considerable risk of capital loss.