speedtrader Review: Pros & Cons | Updated for 2024
This speedtrader review has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about speedtrader to give you the most comprehensive guide available.
speedtrader is a professional trading partner that was founded in 2017. They have around 501-1000 employees that help the company offer Financial Markets Access, to 3,500,000+ clients through MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
speedtrader Guide – Read our In-Depth speedtrader Review
speedtrader Rating: 5.65 / 10
This speedtrader review page contains information about investing with speedtrader. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of speedtrader does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This speedtrader review contains the most recent information about speedtrader.
If you are new to the world of online trading and brokers, so many nuances will no doubt be confusing for you. Getting into the world of trading online requires expert assessing skills and thorough knowledge. You will acquire proficient at all of the concepts of trading online and brokerages as you continue trading. For starters, you have to select the ideal agent who'll always be transparent with you.
Within this fast-paced world of financial markets and online trading, you'll need guidance to make sensible decisions. A professionally lead investment program could help you in minimising any losses and maximising any returns. speedtrader is one such platform that can help you. It's important that you know all you can about any broker until you trust them with your money.
When engaging in online trading with platforms such as speedtrader, it's crucial to carefully assess speedtrader as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your speedtrader investments to thrive. However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and methodical in your speedtrader broker selection to protect your hard-earned money. Performing your due diligence and researching the trustworthiness of speedtrader, its track record, and reputation is vital. Moreover, ensure the speedtrader broker's offerings, trading tools, fees, and regulation align with your requirements.
Remember, speedtrader should be a reliable companion on your trading journey.
Our team has devoted their efforts to simplify the intricate world of trading with speedtrader into easily understandable information in this speedtrader review. Our goal is to equip you with the knowledge necessary to confidently use speedtrader trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with speedtrader are the cornerstone of successful trading. As such, we've provided this comprehensive speedtrader review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about speedtrader and how it can work to your advantage, or if speedtrader might not be the right fit for you.
speedtrader Review for 2024 – Brief Overview
speedtrader Telephone: | |
speedtrader Support Email: | |
speedtrader Address: | |
Year Founded: | 2017 |
Regulated By: | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308 |
Hedquarters: | Netherlands |
Minimum Deposit: | $250 |
Number Of Clients: | 3,500,000+ speedtrader users and traders |
speedtrader LinkedIn: | |
speedtrader Facebook: | |
speedtrader Facebook Likes: | 0 |
speedtrader Twitter: | @ |
speedtrader Twitter Followers: | 0 |
speedtrader Instagram: | |
speedtrader Instagram Followers: | 0 |
speedtrader Youtube: | |
Your capital is at risk |
Our full speedtrader review for beginners covers everything you will need to know about trading via speedtrader. A good broker can use your first investments and help to protect it from losses but also give you a platform that can help to provide you favourable profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investment goals.
Of course, there's absolutely no sure-fire method to guarantee profits; thus, you should carefully assess your agent before you select them. It is a common misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
speedtrader is a trading partner which has forged its way successfully to the brokerage world. Within this review, we have tried to collate some of the important facets of speedtrader. This guide can allow you to learn whether speedtrader is a fantastic match for your investments or not. We've tried to breakdown all of the qualities and fees for your advantage.
Who are speedtrader?
speedtrader is a forex broker with its head office in Netherlands and provides a variety of instruments for trading. Since its establishment in 2017 they have emerged as a top player in the industry of online trading. speedtrader includes a highly competitive and full-featured trading website that's focused on forex, indices, metals, stocks and commodities.
Over the past 7 years, speedtrader has grown into one of the leading online brokers available to the public.
After being founded in 2017, their client base has become as large as 3,500,000+ clients.
speedtrader is the favourite for many stock dealers . Our speedtrader account review discovered that they are a superb platform for online trading solutions. They are most appropriate for investors that are searching for an assortment of assets. Social and easy to use trading solutions are the heart at speedtrader.
Technology plays a significant role in speedtrader. They features trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. speedtrader is fair, transparent, and a well-regulated broker by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308. Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also provide in-house research.
The educational department at speedtrader is quite insightful for new dealers as it allows them to get a closer look in the financial markets. speedtrader caters to all sorts of traders and are a must-have broker for almost any well-diversified method of online trading.
Benefits of using speedtrader in 2024
Trading with speedtrader includes numerous benefits. These advantages are what sets speedtrader ahead of all other online brokers. You should check all of the advantages listed so you have a better understanding of speedtrader.
The broker goes to great lengths to comprehend what dealers want. As a result, the support, quick, and convenient. The broker also gives a number of platforms for all kinds of traders. speedtrader ensures that the individual needs of all traders are met to the best of their capabilities.
speedtrader also features excellent trading conditions which are readily available to all and not just an elite group of institutional customers. The tight spreads and fast executions are a fantastic benefit for all traders. The technology adopted by speedtrader is of the maximum caliber, ensuring that it is fast, dependable, and efficient.
speedtrader acknowledges the significance of having a quick order execution. A quick execution will allow users to trade without fretting about slippage safely. It is going to also help the traders to catch any opportunities.
Copy trading is another important facet of speedtrader. A new dealer can learn from industry experts utilizing the automated copy trading option. This means you can monitor the best performing brokers and instantly copy their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, speedtrader offers social trading which encompasses leading traders sharing their knowledge with the community. speedtrader's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading
speedtrader has over 191 trading instruments to support all types of traders. These tools are dynamic and suitable for both the new and experienced traders. All dealers can set aside all their concerns when trading with speedtrader.
speedtrader Overview
Year Founded: 2017
Regulated By: Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308
Hedquarters: Netherlands
Minimum Deposit: $250
Number Of Clients: 3,500,000+
Your capital is at risk
If you feel that speedtrader is not right for you then at the bottom of this speedtrader review you will find a lot of alternatives to speedtrader.
What you ought to know about trading with speedtrader
speedtrader is a lively platform that provides various methods of online trading. These tools cover the monetary markets considerably. Most of the broker platforms offer less approaches than speedtrader
If you want to trade with speedtrader, you will require a minimum deposit of $250. This deposit is mandatory if you wish to start trading using speedtrader. This 2024 speedtrader review will direct you clearly about trading with them.
speedtrader is as flexible as another broker platform. speedtrader is ideal for traders who want a manageable assortment of low-cost services. The platforms supplied by speedtrader are third party, white-label offerings. All traders may select out of MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Together with everything, speedtrader has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade must be kept available. The brokers offer premium customer service which rewards customers with benefits.
Many unprofessional brokers try to pressurise consumers into larger financing for superior services. speedtrader, however, is much more concentrated on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the more benefits will come along.
speedtrader accounts are available around the world and provides quality service everywhere they have clients. There are a few countries where speedtrader accounts are not available. Traders in the following countries cannot open or use a speedtrader account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is speedtrader Safe To Trade With In 2024?
Launched in 2017, speedtrader has been in operation for 7 years, they are headquarted in Netherlands
speedtrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308. These figures have rules that mandate that trading platforms have ploicies in place to keep investor's resources procured. This means that speedtrader users don't need to be worried about their money as it's segregated and safely kept in established banks. SSL encryption simplifies each user's personal information as well.
You can make use of a choice for Two Factor Authentications (2FA) with speedtrader for increased safety. An SMS with the confirmation code will be sent to a phone. You'll be asked to input this code to log into your accounts.
Another concern with online brokers is in respect to security might be manipulation of trading. This is highly disadvantageous to consumers on these platforms. However, this is more prevalent in the example of Market Maker brokers who compete with users on the stage.
speedtrader Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With speedtrader
Every online trading platform has some ups and downs, and no speedtrader review would be complete without having a balanced approach. This speedtrader review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
speedtrader Pro's
speedtrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308.
speedtrader offers customer support over the phone.
speedtrader provides customer support over email.
speedtrader gives access to customer support over livechat.
speedtrader doesn't charge withdrawal fees.
speedtrader doesn't charge inactivity fees.
You can trade Cryptocurrencies with speedtrader.
speedtrader has over 100 employees.
speedtrader offers social trading.
speedtrader offers copy trading.
speedtrader allows commodity trading.
You can trade metals with speedtrader.
You can trade energies with speedtrader.
speedtrader Con's
speedtrader is not highly rated by us. speedtrader hasn't won any awards. speedtrader doesn't offer guaranteed stop loss. speedtrader doesn't offer negative balance protection. speedtrader has a high minimum deposit requirement. speedtrader doesn't allow scalping. speedtrader doesn't allow hedging.Compare Brokers Similar To speedtrader
Regulation And Licencing In More Detail
speedtrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308.
speedtrader, as a business, has a powerful set of rules for ensuring honest trading on its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
speedtrader Awards
At the time of writing this speedtrader review, and despite speedtrader’s impressive offering, the company has surprisingly not garnered any awards to date.speedtrader Trading Platforms
speedtrader are a reputable trading platform that has been open for over 7 years. They offer a wide range of options in their customer accounts.
In the following table we take the main parts of any reputable online trading platform and compare speedtrader against Startrader, and freetrade.
speedtrader MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with speedtrader in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. speedtrader MetaTrader 4 is compatible with the latest macOS. speedtrader allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and speedtrader
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With speedtrader MetaTrader 4 On iOS Devices
You can download the speedtrader app or also trade with speedtrader through the MetaTrader 4 application on the Apple app store.
Download the speedtrader MetaTrader 4 Program free of charge from Apple's App Store. speedtrader customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With speedtrader MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. speedtrader provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 3,500,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android speedtrader MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you must deposit to begin on speedtrader is $250. This is a decent amount for people just beginning. It's possible to create more complex residue as you go along. However, ensure that you understand how to make the most of your cash before investing in larger sums.
Commission And Fees Explained
speedtrader is an online broker platform, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the number of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are primarily three different types of penalties for this objective.
The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In these instances, you're paying a spread, financing rate, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight rates are those that are charged when you maintain a leveraged position for longer than a day.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They are charged for services like depositing money, not investing for lengthy periods, or withdrawals.
Generally, speedtrader doesn't charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who regularly exchange, for example weekly or daily trading.
However, non-trading fees billed by speedtrader are comparatively lower. Consequently, you are billed more for non-trading actions in your trading account, such as withdrawal and deposits. These aren't related to the sale and purchase of assets.
This speedtrader review breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees Of speedtrader
speedtrader Withdrawal Fees Explained
speedtrader doesn't charge withdrawal fees.Withdrawal of money is possible at any moment from the speedtrader account. You can draw sums up to the amount of your account balance, keeping aside the perimeter used. 1 thing to remember is that you don't always need to have any money in your accounts.
In addition, the withdrawn money will be transferred directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn money will be sent into the cardspeedtrader will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you're choosing to withdraw in.
speedtrader Inactivity Fees Explained
speedtrader doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no charges have been indicated by speedtrader, it's best that you close the account if you are inactive. Inactivity fees aren't just charged by broker companies but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you have chosen. The inactivity fee is subjected to a lot of conditions and needs to be revealed clearly by the agent beforehand.
speedtrader Deposit Fees Explained
When you transfer money into your trading account by the bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this particular operation.
speedtrader charges a deposit fee for transferring money into your trading account.
Depositing cash on the speedtrader trading platform is easy. You simply need to finish a single-user profile survey to begin depositing money into your trading account. You will need to provide an identity evidence and proof of residency to deposit large amounts.
Compare speedtrader Vs Other Broker Deposit Methods
What Can You Trade With speedtrader in 2024?
Note: speedtrader provides a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered will be different depending on the country of residence of the client.
speedtrader has a wide variety of over 191 instruments available for you to trade with.
If trading currency pairs is of interest to you then speedtrader offer over 161 forex pairs.
Compare speedtrader, Startrader & freetrade below.
speedtrader Trading App Review
Note: speedtrader's mobile app has many functions and is being constantly improved. The below information was correct at the time of compiling this speedtrader broker review.
Understand the capabilities of the mobile apps of speedtrader, Startrader & freetrade below.
Trading Education Available At speedtrader
Understand the trading resources available with speedtrader, Startrader & freetrade below.
speedtrader Customer Support
For our speedtrader broker review we looked at the customer service options as well as response times. on the speedtrader trading platform problems resolution effectiveness. speedtrader provides support in many languages including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
speedtrader Live Chat Support
We tried the livechat experience with speedtrader and it works well. We sent messages through the speedtrader livechat through their app and website and recieved a response in less than 20 seconds. On Occasion there was no response.
We tested communicating with speedtrader support in multiple languages across multiple countries. speedtrader were able to resolve our customer issues.
speedtrader Phone Support
We made a call to speedtrader and the call was answered extremely quickly. The call was answered in less than 5-10 minutes.
The speedtrader phone support team were able to successfuly answer our questions and issues via phone. We tried the multi-lingual speedtrader team by calling in varying languages. speedtrader made efforts to ensure our queries were answered.
The overall phone support provided by speedtrader was okay.
speedtrader Email Support
We have sent numerous emails to speedtrader and answer times overall were outstanding. The fastest email response time from speedtrader was 4 hours and the slowest response was 12 days! Sometimes , there were no responses. Support response times may vary depending on what is needed from speedtrader, however, we've had the experience of sending 10 emails at varying times.
The team was able to resolve and answer our queries. Average email support from speedtrader was satisfactory.
Alternatives To speedtrader
If, after studying this speedtrader review, they do not quite meet your requirements check out these speedtrader alternatives.
We've scoured the web to find the best alternatives to speedtrader. Click the links below to find out more.
Frequently Asked Questions
Can I try speedtrader before I buy?
Yes, you can most definitely try speedtrader before you buy. speedtrader provides demo accounts for the convenience of inexperienced traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register to get a demo account with speedtrader, you will set out with a decent amount of virtual money. It's to establish a sense of safety and confidence in you until you decide to spend your own money.
With a digital speedtraderdemo account, you can experiment in any way, to whatever length you wish. You can even open positions, test different trading approaches, and much more.
speedtrader specifies on its official site that you are able to exchange real time stocks in a demo account.
Is speedtrader safe?
You can drop all of your worries because we believe that speedtrader is perfectly safe to use. It is in compliance with the rules of Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308.
Nevertheless, speedtrader doesn't provide assured stop-loss protection.
Why does speedtrader ask for my passport?
The reason that speedtrader asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, speedtrader has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, speedtrader must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with speedtrader?
The process to start trading with speedtrader is super simple. You need to begin by signing up on the speedtrader website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but speedtrader are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with speedtrader is $250. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with speedtrader.
The best way to kickstart your trading career with speedtrader is to open a demo account facility before risking any real money
What funding methods do speedtrader accept?
There are multiple methods to finance your account with speedtrader. The process is effortless and quick, with various payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to bear in mind that PayPal is not available in every country. The monies speedtrader accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility also, even though it takes about 4-7 days.
Is my money safe with speedtrader?
Yes, your money is safe and protected with speedtrader. As you know, speedtrader operates with proper conformation to regulations. It has established lots of steps to guard all of its investors.
speedtrader safeguards its customers' personal and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you wish to further safeguard your account, it is possible to empower Two-Step Verification also. It takes an SMS affirmation for you to access your accounts.
Is speedtrader trading good?
Yes, trading through speedtrader is a pleasant and decent experience indeed. It's a great and intuitive platform with helpful features for your simplicity. Moreover, you could also gain access to a huge selection of educational tools and assistive substance to kickstart your trading experience.
If you are still skeptical, you can open a eToro demo account and evaluate the credibility of the platform for yourself.
Which Countries do speedtrader support?
speedtrader operates around the world. However, due to regulations speedtrader cannot accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is speedtrader legit?
speedtrader is a legit company headquarted in Netherlands since 2017. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308. speedtrader is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is speedtrader a good broker?
speedtrader is an excellent broker, and its own users may vouch for it. The highlight of this platform is its fast order execution on trades.
You will discover the clean design of the platform and the commendable features are pleasant to work with.
Is speedtrader a trustworthy broker?
Yes, speedtrader is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 3,500,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for speedtrader?
The minimum deposit to open a live account with speedtrader is $250
How long do speedtrader withdrawals take?
Normally, withdrawal of money from speedtrader is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from speedtrader to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is speedtrader regulated?
speedtrader are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308
Is speedtrader a market leading broker?
speedtrader is currently one of the industry leaders. It supports over 3,500,000+ registered users and over 7 years of experience on its own record. They are among the world's top trading platforms and a prominent figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and wide range of resources plus tools so that you may invest in capital markets.
Is speedtrader a con?
No, speedtrader is not a con. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308 and must adhere to their rules. Thus, it is safe to say that speedtrader is not a scam.
Can you make money with speedtrader?
Through speedtrader, several traders earn a lot of money. However, just like all online brokers, it is important to note that traders can also lose money. In particular, Your capital is at risk
This can look like a little number, but within the year, this adds to a significant number of gains. While speedtrader supply you all of the tools to make money, they can't guarantee you will profit.
Does speedtrader have fees?
Yes. To begin trading using speedtrader, you need to deposit $250. Particular commissions while trading also apply. Any processing fees from your bank might need to be incurred by you.
When was speedtrader founded?
speedtrader was founded in 2017 in Netherlands. speedtrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308.
How many people use speedtrader?
speedtrader is a worldwide recognised agent with 3,500,000+ clients.
Where is the speedtrader head office?
speedtrader has its head office in Netherlands
Does speedtrader offer negative balance protection?
No. speedtrader does not provide negative balance protection. If your balance is unfavorable, speedtrader indicates that you promptly contact customer services. For this, you are able to fix any imbalances in your own account.
Does speedtrader offer guaranteed stop loss?
speedtrader, regrettably, does not offer guaranteed stop loss. speedtrader gives an opportunity for its traders to close their trades in their specified price. Apart from this, speedtrader doesn't offer guaranteed stop loss.
Does speedtrader allow scalping?
No, the stipulations of speedtrader do not condone scalping. It is a trading technique that isn't permitted on the broker's platform. You must refer to speedtrader's provisions and conditions to read more about its own policies.
Does speedtrader allow hedging?
No, unfortunately speedtrader does not allow hedging.
Can you trade energies with speedtrader?
Yes, you can trade energy stocks with speedtrader
Can you trade agricultural shares with speedtrader?
No, unfortunately you cannot trade agricultural stock with speedtrader
Can you trade cryptocurrency with speedtrader?
Yes, you can trade cryptocurrency with speedtrader
Can you trade metals with speedtrader?
Yes, you can trade metals with speedtrader
Can you trade UK Shares with speedtrader?
No, unfortunately you cannot trade UK shares with speedtrader
Can you trade US Shares with speedtrader?
No, unfortunately you cannot trade US shares with speedtrader
Can you trade Japanese Shares with speedtrader?
No, unfortunately you cannot trade Japanese shares with speedtrader
Can you trade German Shares with speedtrader?
Yes, you can trade German shares with speedtrader
Does speedtrader accept bank transfers?
Yes, speedtrader accepts bank transfers for depositing money.
Does speedtrader accept credit cards?
Yes, speedtrader accepts credit cards for depositing money.
Does speedtrader accept PayPal?
Yes, speedtrader accepts PayPal for depositing money.
Does speedtrader accept Skrill?
Yes, speedtrader accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is a digital wallet company that was founded in 2001. It provides a variety of payment options online and money transfer services.
Since its inception, Skrill has expanded to operate in over 120 countries, with its digital wallet available in 40 different currencies. Customers can deposit money into their Skrill wallet by using a variety of payment options including by card, bank transfer as well as a variety of alternative payment options. The funds can then be used to pay merchants as well as others Skrill customers, or converted into crypto.
Skrill also provides cross-border payment via its remittance service Skrill Money Transfer. Customers can transfer funds to a bank account in another country by using their credit card. It was in the year 2015 that Skrill became part of the Paysafe Group along with former rival Neteller and the prepaid payment company paysafecard.
Skrill has a variety of licenses enabling it to offer its services across Europe as well as globally. Skrill is run via Paysafe Payment Solutions Limited, a company incorporated in Ireland and regulated by Central Bank of Ireland, for its European authorized activities. Skrill's operations outside of Europe are managed by European Economic Area are operated by Skrill Limited - a company incorporated within the United Kingdom and regulated by the Financial Conduct Authority.
Does speedtrader accept Payoneer?
Yes, speedtrader accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does speedtrader accept Neteller?
Yes, speedtrader accepts Neteller for depositing money.
Does speedtrader offer Live Chat customer support?
Yes, speedtrader offers customer support through live chat.
Does speedtrader offer phone customer support?
Yes, speedtrader offers customer support over the telephone.
Does speedtrader offer email customer support?
Yes, speedtrader offers customer support through email.
What languages can speedtrader communicate in?
speedtrader has the ability to communicate and support customers who speak: English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Does speedtrader have a wikipedia page?
No, speedtrader does not have an official wikipedia page.
Does speedtrader offer demo accounts?
Yes, speedtrader offers virtual portfolio accounts so you can learn their systems before risking any real money. Newbie traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before getting a live account.
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Table Of Contents
- Who are speedtrader?
- Benefits Of Trading With speedtrader
- Everything you should know about trading with speedtrader
- Is speedtrader Safe To Trade With?
- speedtrader Risk Disclaimer
- Pro's & Con's Of Trading With speedtrader
- Compare Brokers Similar To speedtrader
- speedtrader Regulation And Licencing
- speedtrader Awards
- Minimum Deposit Required For A Live Account With speedtrader
- speedtrader Commission And Fees
- Compare broker fees against speedtrader
- speedtrader Withdrawal Fees Explained
- speedtrader Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With speedtrader?
- speedtrader Customer Support
- speedtrader Live Chat Support
- speedtrader Phone Support
- speedtrader Email Support
- Alternatives To speedtrader
- Frequently Asked Questions About speedtrader