Finding the right broker for you might turn out to be a tedious task unless you know exactly what you want. Some brokerage firms might not be available in your country of residence, while others have limited benefits for their new users. Is Trade.com Forex broker a perfect choice for you? We will take a closer look at this broker in our honest Trade.com review in order to find everything out! Continue reading if you want to find out more!
Trade.com is managed by Leadcapital Markets Ltd and they are supervised by the Cyprus Securities and Exchange Commission. Their services are available to traders from around the globe but not to traders who are located in United States. Such practice is common for the CySEC regulated brokers, so there is nothing suspicious in it.
Most of the brokers that offer their services to the US citizens are not licensed, which means that there is no authority that regulates their services. Also, most of the scams do not have any licenses, this is why we do not advise you to trade with them.
Accounts offered by Trade.com
Sure enough, registering and opening an account with Trade.com is fairly easy. It takes just five steps and you are good to go. They offer three types of live accounts: classic, standard, and premium. If you want to open a classic account, your minimal deposit should be $250, while for a standard account you will need $2.500, and a premium account is the most expensive one with $10.000 of minimal deposit.
All three types of accounts offer a trading platform, educational materials, morning market reviews, and a customer service. Standard and premium accounts have additional features such as SMS signals and a complete daily analysis of the market. The main difference between a standard and a premium account is premium customer support. If you are not sure which account to open, we can assure you that you will be impressed with the quality of the premium support. Trade.com support team will help you with almost any matter in little to no time.
While making Trade.com review we found out that this broker goes by the similar strategy as most of the big brokers, they do not offer sky-high bonuses of 100+%. They offer 10% bonus for new clients as a welcome bonus. Also, you will be able to receive a reward for every friend that you refer to the Trade.com broker.
Trade.com trading platforms
Trade.com offers both a downloadable trading platform, as well as web based one. You have the ability to choose between MetaTrader 4 – one of the most popular trading platforms in the world today, and a WebTrader which is accessible through every browser out there. Since this Trade.com broker review is not about trading platforms, we will avoid going into the tiniest details about each of them but it is important to give you some key facts.
MetaTrader 4 Trading Platform
Undoubtedly one of the favorite trading platforms for traders worldwide, MetaTrader 4 provides its user with easy to use interface and plenty of functional features. You can download and install it quickly and it can be used on both your computer and a mobile device. You can use MetaTrader 4 to trade various assets and you will have access to news, charts, and statistics which can help you with creating and following your own trading method.
If you want access to your trading account from any given device, WebTrader is a way to go. You are not required to download anything in order to use WebTrader and you can use it on every device you have. Just like with MetaTrader 4, you can choose whether you want to trade Forex or commodities, futures market… You name it. WebTrader will also provide you with a news feed as well as charts. All you need is a stabile internet connection and you will have your trading account at your fingertips at any time.
When it comes to trading platforms, most of the brokers do not offer you much choice. This is why it is pretty awesome that you can choose between web and desktop Trade.com trading platform. Also, you can install MetaTrader 4 on your main trading PC, while use web trader for making trades on-the-go using your tablet or laptop.
Is Trade.com Scam?
As we have mentioned before, we are sure that it is not. Trade.com is regulated, does not offer big and unrealistic welcome bonuses as well as huge bonuses on any additional deposit. Moreover, it offers you the choice of the platform, which scam brokers do not tend to do.
We haven’t ran into any scam while researching for this Tradecom review as well as we did not have any comments that will suggest that Trade.com scam claims can be anywhere close to truth.
When we take everything which was stated in this Trade.com Forex review, it is obvious that this is one of the best CySEC regulated brokers. The trading platforms that it offers are great, premium support is really helpful and there are no facts that would suggest that this broker is a scam. If you want to enjoy hustle-free trading – feel free to sign up with Trade.com.