Twine Guide – Read our In-Depth Twine Review
Twine Rating: 2.63 / 10
Our proprietary rating algorithm takes all of our 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.
This Twine 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 Twine review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you're a new entrant in the realm of trading and broker, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You will get proficient at all the concepts of broker since you continue trading. For starters, you have to choose the right agent who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment plan will create hefty returns. Twine is just one such platform that will take you and your investment into great heights. It is crucial to know about Twine before you trust them with your money.
Twine Review – Brief Overview
Twine Telephone Number:
Twine Email Address:
Number Of Clients:
10,000+ Twine users and traders
Twine Facebook Likes:
Twine Twitter Followers:
Twine Instagram Followers:
Your capital is at risk
|Twine Telephone Number:|
|Twine Email Address:|
|Number Of Clients:||10,000+ Twine users and traders|
|Twine Facebook Likes:||0|
|Twine Twitter Followers:||0|
|Twine Instagram Followers:||0|
Your capital is at risk
Our entire Twine Review covers all you will need to learn about trading using Twine. A good agent can multiply your initial investments and provide you positive profits. If you want to earn profits, you should trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire way to ensure profits; therefore, you should carefully assess your broker before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, initially, can set your investments in danger.
Twine is a broker which has found its way successfully to the brokerage world. Within this review, we've attempted to collate some of the important aspects of Twine. This review can allow you to know whether Twine is a fantastic match for your own investments or not. We have tried to breakdown all the features and fees for your advantage.
Twine Review, Table Of Contents
- Who are Twine?
- Benefits Of Trading With Twine
- Everything you should know about trading with Twine
- Is Twine Safe To Trade With?
- Twine Risk Disclaimer
- Pro's & Con's Of Trading With Twine
- Compare Brokers Similar To Twine
- Regulation And Licencing In More Detail
- Twine Awards
- Minimum Deposit Required For A Live Account With Twine
- Twine Commission And Fees Explained
- Compare broker fees against Twine
- Twine Withdrawal Fees Explained
- Twine Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Twine?
- Alternatives To Twine
- Frequently Asked Questions About Twine
Who are Twine?
Twine is a forex broker headquartered in USA and provides a range of instruments for online trading. Since its beginning in 2008, Twine has emerged as a top player in the industry of online broker. Twine has an extremely aggressive and full-featured trading website that's focused on forex, indices, metals, stocks , commodities.
Over the past 13 years, Twine has grown into one of the leading online brokers.
After establishing in 2008, their consumer base is becoming as big as 10,000+ clients.
Twine is a favourite of many traders.. Our Twine review discovered that they're an excellent alternative for automated trading options. It is best suited for investors who are looking for an assortment of assets. Social and automated trading solutions are the heart at Twine.
Technology plays a significant role in Twine. Twine features trading on iPhone,iPad,Android,Tablet. Twine is honest, transparent, and also a well-regulated agent by the Unregulated. Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also supply in-house analysis.
The educational department at Twine is very insightful for new dealers as it permits them to have a closer look at the financial markets. Twine caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading.
If you feel that Twine is not right for you then at the bottom of this Twine review you wil find a lot of alternatives to Twine.
What you should know about trading using Twine
Twine is a lively platform that offers various methods of online trading. These instruments cover the monetary markets substantially. The Majority of the broker platforms offer less procedures than Twine
If you wish to trade with Twine, you'll need a minimum deposit of $100. This deposit is mandatory if you want to begin trading with Twine. This 2021 Twine review will direct you clearly about trading with them.
Twine is as flexible as another brokerage platform. Twine is great for traders who want a manageable variety of low-cost services. The programs supplied by Twine are third party, white-label offerings. All traders may select from iPhone,iPad,Android,Tablet.
Along with everything, Twine has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction must be kept available. The agents offer premium customer service that rewards customers with advantages.
Many less reputable brokers attempt to pressurise consumers into larger funding for superior services. Twine, on the other hand, is much more concentrated on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the greater advantages will become available.
Twine accounts are available globally and provides quality service wherever they have customers. There are only a select few countries where Twine accounts are not available. Traders in the following countries cannot open or use a Twine account:
BR, KR, IR, IQ, SY, JP, US
Is Twine Safe To Trade With?
Launched in 2008, Twine has been in operation for 13 years, they have a head office in USA.
Twine is regulated by Unregulated. These figures have rules that ensure that trading platforms have measures in place to maintain investor's assets secured. This usually means that Twine users don't need to be worried about their money since it's segregated and safely stored in banks that are established. SSL encryption simplifies each user's private information as well.
You are able to make use of an option for 2 Factor Authentications (2FA) with Twine for increased safety. An SMS with the confirmation code will be sent to a mobile phone. You will be asked to enter this code to log in to your account.
Another concern with financial brokers is in respect to security may be manipulation of trading. This is highly disadvantageous for users on these platforms. However, this is more prevalent in the case of Market Maker brokers who compete with customers on the stage.
Twine Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With Twine
Every online trading platform has some pros and cons Twine review would be complete without having a balanced approach. This Twine 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.
- Twine is trusted by 10,000+ clients
- Twine has low minimum deposit requirements
- Twine doesn't charge deposit fees
- Twine doesn't charge CFD fees
- Twine offers social trading
- Twine offers trailing stop
- Twine offer trading on iPhone,iPad,Android,Tablet
- Twine offer 268 trading instruments
- Twine can communicate in English, and Chinese
- Twine does not offer Negative Balance Protection
- Twine does not offer Guaranteed Stop Loss
- Twine charge withdrawal fees
- Twine charge inactivity fees
- Twine doesn't trade major forex pairs
- Twine doesn't trade minor forex pairs
- Twine doesn't trade exotic forex pairs
- Twine doesn't offer trading on cryptocurrencies
- Twine doesn't offer copy trading
Twine Review - Compare Brokers Similar To Twine
|Twine||Saxo Markets||icm capital||Nutmeg|
|Rating||2.63 / 10||4.38 / 10||5.9 / 10||4.56 / 10|
|Regulated By||Unregulated||Financial Conduct Authority (FCA)||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-F258||Unregulated|
|Find Out More|
|Risk Warning||Your capital is at risk||Losses can exceed deposits||Your capital is at risk||Your capital is at risk|
Twine Review - Regulation And Licencing In More Detail
Twine is regulated by Unregulated.
Twine, as a business, has a powerful set of rules for ensuring fair trading on its own platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is never to be shared with some other institutions or individuals. This includes credit history and other financial information.
Twine Review - AwardsAt the time of writing this Twine review, and despite Twine’s impressive offering, the company has surprisingly not garnered any other awards to date.
Twine Trading Platforms
Twine are a trustworthy brokerage that has been open for over 13 years. They offer a wide range of options in their customer accounts.
Below we take the main parts of any professional online trading platform and compare Twine with Saxo Markets, icm capital, and Nutmeg
Twine Review - Minimum Deposit Required
The minimum deposit you need to get started on Twine is $100. This is a decent amount for people just starting out. You can create more complex residue as you go along. However, make certain you understand how to make the most of your cash before investing larger sums.
Twine Review - Commission And Fees Explained
Twine is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the amount of clients they have.
But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 different types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In such instances, you are spending a spread, financing speed, or even a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are those that are billed when you maintain a leveraged position for longer than a day.
Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the activities you undertake in your account. They are billed for things like depositing money, not trading for lengthy periods, or withdrawals.
In general, Twine doesn't charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for those who regularly trade, such as daily or weekly trading.
However, non-trading fees charged by Twine are relatively greater. As a result, you are charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not related to the purchase and sale of resources.
This Twine review breaks down every one of the applicable non-trading fees for you in detail.
Compare broker fees against Twine
Twine Review - Withdrawal Fees Explained
Twine charges a withdrawal fee if you create a bank transfer. Each time you transfer money back into your bank accounts, these withdrawal charges become applicable.
Withdrawal of cash is possible at any moment from the Twine account. You can draw up sums to the sum of your account balance, keeping aside the perimeter utilized. One thing to keep in mind is that you don't always have to have any cash in your accounts.
In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn money will be sent into the card. Twine will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you are opting to withdraw in.
Twine Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of those buzzing questions which run through your mind while open an account with Twine. An inactivity fee is an amount charged to registered dealers who have not engaged in buying or selling for a while. The period considered inactive is determined by the agent.
The inactivity fee differs from 1 agent to another and isn't standardized. If a dealers account doesn't have a purchasing or selling transaction, it's maintained by the agent as an inactivity charge. The traders have to pay this fee under conditions and terms they had consented while enrolling.
Twine charges an inactivity fee if you don't create any trades for a while.
Even if no fees are implied by Twine, it's better for you to close the account if you are inactive. Inactivity fees aren't only charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee is contingent on the sort of account you have chosen. The inactivity fee is exposed to many conditions and needs to be disclosed clearly by the agent beforehand.
Twine Review - Deposit Fees Explained
When you transfer money into your trading account by your bank account, a deposit fee can be charged by the broker. Most brokers don't charge an excessive amount of money for this particular operation.
Twine doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the Twine trading platform is easy. You simply need to complete a single-user profile questionnaire to begin depositing money into your trading account. You'll need to give an identity proof and proof of residency to deposit large amounts.
Twine Review - Compare Broker Deposit Methods
What Can You Trade With Twine?
Note: Twine offers a lot of different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered may be different based on the country of residence of the client.
Twine has a wide variety of over 268 instruments available for you to trade with.
If trading forex pairs is of interest to you then Twine offer over forex pairs.
Compare Twine, Saxo Markets, icm capital & Nutmeg below.
Reviewing The Twine Mobile App
Note: Twine's mobile app has many functions and is being developed all the time. The below information was accurate at the time of compiling this Twine review.
Understand the capabilities of the mobile apps of Twine, Saxo Markets, icm capital & Nutmeg below.
Alternatives To Twine
If, after reading this Twine review, they do not fulfill your needs check out these Twine alternatives.
We have scoured the internet to find the best alternatives to Twine. Click on the links below to learn more.
Frequently Asked Questions about Twine
Can I try Twine before I buy?
Yes, you can most certainly try Twine before you buy. Twine offers demo accounts for the convenience of beginner traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up to get a demonstration account on Twine, you will set out with a decent amount of virtual currency. It's to establish a feeling of security and confidence in you before you choose to spend your own money.
With this digital Twinedemo account, you are able to experiment at all, to whatever period you desire. You might also start positions, test different trading strategies, and much more.
Twine specifies on its official site that you are able to exchange real time stocks with your demo account.
Is Twine safe?
It is possible to drop all your worries because we believe that Twine is totally safe to use. It is in compliance with all the rules of Unregulated.
Nevertheless, Twine doesn't provide assured stop-loss protection.
Why does Twine ask for my passport?
The reason that Twine 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, Twine 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, Twine 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 Twine?
The process to start trading withTwine is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Twine 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 account with Twine is $100. 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 Twine.
The best way to kickstart your trading career with Twine is to open a demo account facility before risking any real money
What funding methods do Twine accept?
There are multiple ways to finance your account with Twine. The process is effortless and quick, with different payment methods in your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must bear in mind that PayPal isn't available in every place. The monies Twine
Is my money safe with Twine?
Yes, your money is safe and protected with Twine. As you already know, Twine works with proper conformation to. It has established plenty of measures to protect all of its investors.
Twine safeguards its clients' personal and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further safeguard your account, you can enable Two-Step Verification as well. It takes an SMS affirmation that you get your accounts.
Is Twine trading good?
Yes, trading through Twine is a nice and good experience indeed. It is an excellent and intuitive platform with helpful features for your simplicity. Moreover, you can even obtain access to a huge selection of educational tools and assistive material to kickstart your trading expertise.
If you remain skeptical, you can start a eToro demo account and assess the credibility of the platform for yourself.
Which Countries does Twine support?
Twine operates across the world. However, due to regulations there are some countries that Twine do accept clients resident in BR, KR, IR, IQ, SY, JP, US
Is Twine legit?
Twine is a legit company headquarted in USA since 2008. They are regulated by Unregulated. Twine 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 Twine a good broker?
Twine is a great agent, and its own users can vouch for it. The highlight of this platform is its fast order execution on transactions.
You will find the clean design of this platform along with the commendable features that a pleasure to work with.
Is Twine a trustworthy broker?
Yes, Twine 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 Twine?
The minimum deposit to open a live account with Twine is $100
How long do Twine withdrawals take?
Normally, withdrawal of money from Twine 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 Twine to show in your bank account.
Are Twine regulated?
Twine are regulated by Unregulated
Is Twine a market leading broker?
Twine is indisputably one of the industry leaders. It supports over 10,000+ registered users and over 13 years of experience on its own record. They are one of the world's top trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this standing to its incredible platform and wide selection of resources plus tools so you may invest in capital markets.
Is Twine a con?
No, Twine is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that Twine is not a scam.
Can you make money with Twine?
Using Twine, many traders make a great deal of money. But typically, through consistent trading, you can make between 2% - 10% profit a month.
This may seem like a small number, but within the year, this adds to a significant number of gains. While Twine supply you all the tools to earn money, they cannot guarantee you will profit.
Does Twine have fees?
Yes. To begin trading with Twine, you have to deposit $100. Certain commissions while trading also apply. Any processing fees from your bank will need to be incurred by you.
When was Twine founded?
Twine was founded in 2008 in USA. Twine is regulated by Unregulated.
How many people use Twine?
Twine is a globally recognised agent with 10,000+ customers.
Where is the Twine head office?
Twine has its head office in USA
Does Twine offer negative balance protection?
No. Twine does not offer negative balance protection. If your balance is negative, Twine indicates you promptly contact client services. With this, you are able to correct any imbalances in your account.
Does Twine offer guaranteed stop loss?Twine unfortunately, does not offer guaranteed stop loss. Twine gives an opportunity to its dealers to close their trades in their specified price. Apart from this, Twine does not provide guaranteed stop loss.
Does Twine allow scalping?Yes, Twine do permit scalping. Several traders throughout the world select Twine for their scalping services. They offer trading on iPhone,iPad,Android,Tablet which let this.
Does Twine allow hedging?
Yes, Twine does allow hedging.
Can you trade energies with Twine?
No, unfortunately you cannot trade energy stock with Twine
Can you trade agricultural shares with Twine?
No, unfortunately you cannot trade agricultural stock with Twine
Can you trade cryptocurrency with Twine?
No, unfortunately you cannot trade cryptocurrency with Twine
Can you trade metals with Twine?
No, unfortunately you cannot trade metals with Twine
Can you trade UK Shares with Twine?
No, unfortunately you cannot trade UK shares with Twine
Can you trade US Shares with Twine?
No, unfortunately you cannot trade US shares with Twine
Can you trade Japanese Shares with Twine?
No, unfortunately you cannot trade Japanese shares with Twine
Can you trade German Shares with Twine?
No, unfortunately you cannot trade German shares with Twine
Does Twine accept bank transfers?
Yes, Twine accepts bank transfers for depositing money.
Does Twine accept credit cards?
Yes, Twine accepts credit cards for depositing money.
Does Twine accept PayPal?
No, Twine does not accept PayPal.
Does Twine accept Skrill?
No, Twine does not accept Skrill.
Does Twine accept Payoneer?
Yes, Twine accepts Payoneer for depositing money.
Does Twine accept Neteller?
No, Twine does not accept Neteller.
Does Twine offer Live Chat customer support?
Yes, Twine offers customer support through live chat.
Does Twine offer phone customer support?
Yes, Twine offers customer support over the telephone.
Does Twine offer email customer support?
Yes, Twine offers customer support through email.
What languages can Twine communicate in?
Twine has the ability to communicate and support customers who speak: English, and Chinese
Does Twine have a wikipedia page?
No, Twine does not have an official wikipedia page.
Does Twine offer demo accounts?
Yes, Twine offers virtual portfolio accounts so you can test your trading strategies before risking any real money. Newbie traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before signing up for a live account.