Trade.com Guide – Read our In-Depth Trade.com Review
This Trade.com review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this Trade.com review does not apply to US users.
If you're a new entrant in the world of trading and brokerage, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll acquire adept at all of the concepts of broker as you keep trading. For starters, you have to select the right broker who will be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan will create hefty returns. Trade.com is just one such platform that will take you and your investment to great heights. It's important to know about Trade.com until you trust them with your money.
Our full Trade.com Review covers everything you need to learn about trading with Trade.com. A fantastic agent can multiply your first investments and give you positive profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire way to guarantee profits; therefore, you should carefully assess your broker before you choose them. It's a common misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
Trade.com is a broker that has forged its way successfully into the brokerage world. In this review, we've tried to collate some of the important aspects of Trade.com. This review can allow you to understand whether Trade.com is a good fit for your investments or not. We have attempted to breakdown all of the features and charges for your convenience.
Trade.com Review, Table Of Contents
- Who are Trade.com?
- Benefits Of Trading With Trade.com
- Everything you should know about trading with Trade.com
- Is Trade.com Safe To Trade With?
- Pro's & Con's Of Trading With Trade.com?
- Compare Brokers Similar To Trade.com
- Regulation And Licencing In More Detail
- Trade.com Awards
- Minimum Deposit Required For A Live Account With Trade.com
- Trade.com Commission And Fees Explained
- Compare broker fees against Trade.com
- Trade.com Withdrawal Fees Explained
- Trade.com Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Trade.com?
- Alternatives To Trade.com
- Frequently Asked Questions About Trade.com
Who are Trade.com?
Trade.com is a foreign exchange broker headquartered in Cyprus, UK and provides a range of instruments for online trading. Since its inception in 2009, Trade.com has emerged as a top player in the field of online brokerage. Trade.com includes a highly aggressive and full-featured trading site that is focused on currency, indices, metals, stocks and commodities.
Over the past 12 years, Trade.com has grown into one of the leading online brokers.
After establishing in 2009, their client base has become as large as 10,000+ clients.
Trade.com is the favorite for many traders because of its negative balance protection. Our Trade.com review discovered that they are an excellent alternative for automated trading solutions. It's best suited for investors that are looking for a variety of assets. Social and automated trading options are the core at Trade.com.
Technology plays a significant role at Trade.com. Trade.com features trading on MT4, Web Trader, Tablet & Mobile apps. Trade.com is honest, transparent, and also a well-regulated broker by the Cyprus Securities and Exchange Commission (CySEC). Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also supply in-house research.
The trader resource section at Trade.com is very enlightening for new traders as it allows them to have a closer look in the financial markets. Trade.com caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to online trading.
If you feel that Trade.com is not right for you then at the bottom of this Trade.com review you wil find a lot of alternatives to Trade.com.
What you ought to know about trading using Trade.com
Trade.com is a lively platform that offers various methods of trading. These tools cover the financial markets substantially. Most of the brokerage platforms provide fewer methods than Trade.com
If you would like to exchange with Trade.com, you'll require a minimum deposit of $1. This deposit is compulsory if you would like to begin trading with Trade.com. This 2021 Trade.com review will direct you easily about trading with them.
Trade.com is as flexible as another brokerage platform. Trade.com is excellent for traders that want a manageable variety of low-cost services. The platforms offered by Trade.com are third party, white-label offerings. All traders may pick from MT4, Web Trader, Tablet & Mobile apps.
Together with everything, Trade.com has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a transaction must be kept available. The agents offer premium client service that rewards customers with benefits.
Many unprofessional brokers attempt to pressurise customers into larger financing for superior services. Trade.com, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the more benefits will become available.
Trade.com accounts are available all over the world and provides quality service everywhere they have clients. There are a few countries where Trade.com accounts are not available. Traders in the following countries cannot open or use a Trade.com account:
Is Trade.com Safe To Trade With?
Established in 2009, Trade.com has been in operation for 12 years, they have a head office in Cyprus, UK.
Trade.com is regulated by Cyprus Securities and Exchange Commission (CySEC). These figures have rules that make sure that trading platforms have ploicies in place to maintain investor's assets secured. This usually means that Trade.com users do not need to worry about their money since it is segregated and safely kept in banks that are established. SSL encryption simplifies each user's personal information also.
You can make use of an option for 2 Factor Authentications (2FA) with Trade.com for heightened security. An SMS for the verification code will be sent to a mobile phone. You'll be required to enter this code to log in to your accounts.
Another concern with financial brokers with respect to security might be manipulation of trading. This is highly disadvantageous for users on these platforms. However, this is much more widespread in the case of Market Maker brokers who compete with customers on the platform.
Pro's & Con's Of Trading With Trade.com
Every online trading platform will have a few ups and downs, and no Trade.com review would be complete without having a balanced approach. This Trade.com 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.
- Trade.com is trusted by 10,000+ clients
- Trade.com offers Negative Balance Protection
- Trade.com doesn't charge withdrawal fees
- Trade.com doesn't charge deposit fees
- Trade.com doesn't charge CFD fees
- Trade.com offer trading on MT4, Web Trader, Tablet & Mobile apps
- Trade.com offer 100 trading instruments
- Trade.com trades major forex pairs
- Trade.com trades minor forex pairs
- Trade.com trades exotic forex pairs
- Trade.com offers trading on cryptocurrencies
- Trade.com can communicate in
- Trade.com does not offer Guaranteed Stop Loss
- Trade.com charge inactivity fees
Trade.com Review - Compare Brokers Similar To Trade.com
|Regulated By||Cyprus Securities and Exchange Commission (CySEC)||Ministry of Economic Affairs in Estonia||Australian Securities and Investment Commission (ASIC)||Unregulated|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Losses can exceed deposits||Your capital is at risk|
Trade.com Review - Regulation And Licencing In More Detail
Trade.com is regulated by Cyprus Securities and Exchange Commission (CySEC).
Trade.com, as a company, has a strong set of rules for ensuring honest trading onto its own platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer data is never to be shared with some other institutions or individuals. Including credit history and other financial information.
Trade.com Review - Awards
- At the time of writing this Trade.com review, they had not received any awards.
Trade.com Review - Minimum Deposit Required
The minimum deposit you need to begin on Trade.com is $1. This is an adequate amount for those just beginning. You can make more complex residue as you go along. But, make certain you know how to make the most of your cash before investing in larger sums.
Trade.com Review - Commission And Fees Explained
Trade.com is an online brokerage 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. That is, an online broker is not necessarily influenced by the amount of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 types of fees for this objective.
The first sort of fees to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In these instances, you are paying a spread, funding speed, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are those that are billed when you hold a leveraged position for longer than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your account. They are charged for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
In general, Trade.com does not charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by Trade.com are relatively greater. As a result, you're charged more for non-trading activities on your trading account, such as withdrawal and deposits. These aren't related to the sale and purchase of assets.
This Trade.com review breaks down every one of the applicable non-trading fees for you in detail.
Compare broker fees against Trade.com
Trade.com Review - Withdrawal Fees ExplainedTrade.com doesn't charge withdrawal fees
Withdrawal of money is possible at any moment from the Trade.com account. You can draw sums up to the sum of your account balance, keeping aside the margin utilized. 1 thing to remember is that you don't always have to have any cash on your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn money will be sent to the card. Trade.com will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you're opting to draw in.
Trade.com Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of the buzzing questions that run through your mind while open an account with Trade.com. An inactivity fee is an amount charged to registered traders that have not engaged in purchasing or selling for some time. The period regarded as inactive is decided by the broker.
The inactivity fee differs from one broker to another and is not standardized. If a dealers account does not have a buying or selling trade, it is claimed by the agent as an inactivity fee. The traders have to pay this fee under conditions and terms that they had agreed while enrolling.
Trade.com charges an inactivity fee when you don't create any trades for a while.
Even if no fees have been indicated by Trade.com, it's better that you close the account if you are inactive. Inactivity fees are not only charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee is contingent upon the type of account you have selected. The inactivity fee is subjected to a lot of conditions and needs to be disclosed clearly by the broker beforehand.
Trade.com Review - Deposit Fees Explained
When you transfer money into your trading account from your bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this operation.
Trade.com doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the Trade.com trading platform is easy. You simply have to complete a single-user profile survey to start depositing money into your trading account. You'll need to give an identity proof and proof of residency to deposit large amounts.
Trade.com Review - Compare Broker Deposit Methods
What Can You trade With Trade.com?
Note: Trade.com offers a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered can differ depending on the country of residence of the client.
Trade.com has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then Trade.com offer over 60 forex pairs.
Compare Trade.com, Forex EE, Eightcap & Ellevest below.
Alternatives To Trade.com
If, after reading this Trade.com review, Trade.com does not meet your needs check out these Trade.com alternatives.
We have scoured the internet to find the best alternatives to Trade.com. Click the hyperlinks below to find out more.
Frequently Asked Questions about Trade.com
Can I try Trade.com before I buy?
Yes, you can most certainly try Trade.com before you buy. Trade.com provides demo accounts for the ease of beginner traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you register for a demo account on Trade.com, you will set out with a decent amount of virtual money. It is to establish a feeling of safety and confidence in you before you decide to spend your own money.
With this digital Trade.comdemo account, you can experiment in any way, to whatever length you wish. You can even open positions, test different trading approaches, and much more.
Trade.com specifies on its official site which you can exchange real time stocks in a demo account.
Is Trade.com safe?
You can drop all of your worries since we believe that Trade.com is perfectly safe to use. It's in compliance with all the principles of Cyprus Securities and Exchange Commission (CySEC).
Nevertheless, Trade.com doesn't provide assured stop-loss protection.
Why does Trade.com ask for my passport?
The reason that Trade.com 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, Trade.com 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, Trade.com 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 Trade.com?
The process to start trading withTrade.com is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Trade.com website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Trade.com is $1. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with Trade.com.
The best way to kickstart your trading career with Trade.com is to open a demo account facility before risking any real money
What funding methods do Trade.com accept?
There are a number of ways to finance your account with Trade.com. The process is effortless and quick, with different payment methods in your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must bear in mind that PayPal isn't available in all country. The monies Trade.com
Is my money safe with Trade.com?
Yes, your money is safe and protected with Trade.com. As you know, Trade.com operates with proper conformation to. It's established lots of steps to protect all of its investors.
Trade.com protects its customers' private and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you wish to further safeguard your accounts, it is possible to enable Two-Step Verification also. It takes an SMS confirmation for you to get your accounts.
Is Trade.com trading good?
Yes, trading via Trade.com is a pleasant and good experience indeed. It is an excellent and intuitive platform with helpful features for your simplicity. Moreover, you could also obtain access to a vast collection of educational tools and assistive substance to kickstart your trading expertise.
If you are still skeptical, you can start a eToro demo account and assess the credibility of the platform for yourself.
Which Countries does Trade.com support?
Trade.com operates around the globe. However, due to regulations there are some countries that Trade.com cannot accept clients from
Is Trade.com legit?
Trade.com is a legit company headquarted in Cyprus, UK since 2009. They are regulated by Cyprus Securities and Exchange Commission (CySEC). Trade.com 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 Trade.com a good broker?
Trade.com is a great agent, and its users can vouch for this. The highlight of this platform is its quick order execution on transactions.
You'll discover the clean layout of this platform along with the admirable features a pleasure to work with.
Is Trade.com a trustworthy broker?
Yes, Trade.com is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for Trade.com?
The minimum deposit to open a live account with Trade.com is $1
How long do Trade.com withdrawals take?
Normally, withdrawal of money from Trade.com is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Trade.com to show in your bank account.
Are Trade.com regulated?
Trade.com are regulated by Cyprus Securities and Exchange Commission (CySEC)
Is Trade.com a market leading broker?
Trade.com is indisputably among the industry leaders. It supports over 10,000+ registered customers and over 12 years of expertise on its record. They're one of the world's leading trading platforms and a dominant figure in the Fintech revolution.
It majorly owes this status to its unbelievable platform and wide range of resources plus tools so that you can invest in capital markets.
Is Trade.com a con?
No, Trade.com is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that Trade.com is not a scam.
Can you make money with Trade.com?
Using Trade.com, many traders make a lot of money. But typically, through continual trading, you also can create between 2% - 10% profit a month.
This can look like a small number, but within the year, this adds to a significant amount of gains. Even though Trade.com provide you all the tools to earn money, they cannot guarantee that you will profit.
Does Trade.com have fees?
Yes. To begin trading with Trade.com, you have to deposit $1. Certain commissions while trading additionally applies. Any processing fees from your bank might need to be incurred by you.
When was Trade.com founded?
Trade.com was founded in 2009 in Cyprus, UK. Trade.com is regulated by Cyprus Securities and Exchange Commission (CySEC).
How many people use Trade.com?
Trade.com is a globally recognised broker with 10,000+ customers.
Where is the Trade.com head office?
Trade.com has its head office in Cyprus, UK
Does Trade.com offer negative balance protection?
Yes, Trade.com has Negative Balance Protection. It's especially offered while the market volatility keeps clients from allowing their accounts go into the red. In such a scenario, Trade.com provides the ability to reset a clients account balance to zero.
You should go through the important stipulations on Trade.com's website to comprehend their policies.
Does Trade.com offer guaranteed stop loss?Trade.com unfortunately, doesn't provide guaranteed stop loss. Trade.com gives an opportunity to its dealers to close their trades at their specified price. Aside from that, Trade.com doesn't provide guaranteed stop loss.
Does Trade.com allow scalping?Yes, Trade.com do permit scalping. Several traders across the world choose Trade.com due to their services that are trading. They offer trading on MT4, Web Trader, Tablet & Mobile apps which let this.
Does Trade.com allow hedging?
Yes, Trade.com does allow hedging.
Can you trade energies with Trade.com?
No, unfortunately you cannot trade energy stock with Trade.com
Can you trade agricultural shares with Trade.com?
No, unfortunately you cannot trade agricultural stock with Trade.com
Can you trade cryptocurrency with Trade.com?
Yes, you can trade cryptocurrency with Trade.com
Can you trade metals with Trade.com?
No, unfortunately you cannot trade metals with Trade.com
Can you trade UK Shares with Trade.com?
No, unfortunately you cannot trade UK shares with Trade.com
Can you trade US Shares with Trade.com?
No, unfortunately you cannot trade US shares with Trade.com
Can you trade Japanese Shares with Trade.com?
No, unfortunately you cannot trade Japanese shares with Trade.com
Can you trade German Shares with Trade.com?
No, unfortunately you cannot trade German shares with Trade.com
Does Trade.com accept bank transfers?
No, Trade.com does not accept bank transfers.
Does Trade.com accept credit cards?
No, Trade.com does not accept credit cards.
Does Trade.com accept PayPal?
No, Trade.com does not accept PayPal.
Does Trade.com accept Skrill?
No, Trade.com does not accept Skrill.
Does Trade.com accept Payoneer?
No, Trade.com does not accept Payoneer.
Does Trade.com accept Neteller?
No, Trade.com does not accept Neteller.
Does Trade.com offer Live Chat customer support?
No, Trade.com does not offer customer support through live chat.
Does Trade.com offer phone customer support?
No, Trade.com does not offer customer support over the telephone.
Does Trade.com offer email customer support?
No, Trade.com does not offer customer support through email.
What languages can Trade.com communicate in?
Trade.com has the ability to communicate and support customers who speak:
Does Trade.com have a wikipedia page?
No, Trade.com does not have an official wikipedia page.
Does Trade.com offer demo accounts?
Yes, Trade.com offers demo accounts so you can learn their systems before risking any real money.