Trade.com Review 2023

Trade.com is a popular forex brokerage site, it was founded in 2013 and is currently under the operation wing of Leadcapital Markets Ltd. Cyprus Securities and Exchange Commission regulate and run Leadcapital. A bunch of platforms are available for access through the site.

Overall Rating

Based on 5 Reviews
www.trade.com



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About Trade.com

As of now, WebTrader, MetaTrader 4 and Sirix WebTrader are the platforms provided on Trade. All these can be accessed on computer and mobile devices. These platforms are known to be very efficient in executing tasks and are largely bug-free. Not only that, but they come with nifty tools that when used correctly can boost your trading gains.

The site's design is clean and user-friendly, loading of pages despite the hefty content is a breeze. Most of Trade's on-site software seem to be very well coded, a must when one is trading stock.

As for the nitty and gritty, Trade require a minimum $100 investment for an account to be opened. This is pretty normal across all forex sites, but is still beneficial for those looking to get their feet wet by investing a smaller amount. Trade excels in the types of assets that are available - ETFs, commodities, forex stock, indices and regular stock are all there in full force, such a selection is only matched by a few others within the stock industry. There is no commission taken from transactions and close spreads are offered, particularly for major currencies. WebTrader users commonly enjoy spreads that are extremely low (2 pips for the US/EU combination). Another category where Trade gets a big thumbs up, is the payment methods that can be used. They have a wide range, from credit cards to e-cash to normal wire transfers.
Customer support communication is offered on the site via webchat, phone, e-mail and fax. They have a host of countries covered with international support for China, Romania, Finland and the United Arab Emirates as well as others. As for actual contact, most say their agents are friendly, informed and helpful.

The Trade brand has been in motion since 2013 and has gained a mostly positive reputation among forex traders. They have full licenses and legalities are routinely inspected by their big brother companies, Cyprus Securities and Exchange Commission. Trade is also a member of the regulatory bodies in EU states, this means that they are allowed to run business and are completely compliant with regulatory laws put forth by the government.

Consequently, Trade are an extremely accessible forex broker and live up to their reputation. Their selection of instrument assets remains unparalleled with over 2000 at disposal, traders therefore have a lot to choose from. The Trade brand is still young in its life but is growing fast due to great service, fantastic support and a strong infrastructure.

Disclaimer

 


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78,47% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Joe E., Reviewed July 4, 2018

I started with forex trading but since a few weeks ago I've switched to cryptocurrency. A big advantage is that you can also trade in the weekend. I work 5-day weeks so at the weekend I have time to sit behind the PC to do some trading. The advantage of trading in cryptocurrency is that the prices fluctuate heavily which means there are short-term profits to be made. And when the price goes up or down it equals 5%, which means you can earn a good profit with relatively low investments. Trade.com is easy to use for beginners as well as advanced users. The only thing I miss is a referral bonus for attracting new customers.

Len F., Reviewed June 24, 2018

I practised first for a few months with a trial account to avoid making rookie mistakes and losing money. I read a lot of information on websites and on Twitter accounts of known forex traders. Initially I did some trades on gut instinct but this didn't work so well. After that I followed some experienced investors on Twitter and copied their trades. Once an investment hits 3% profit I close the account. If an investment made a loss I'd let it reach 2% and close the account. This way allows me to earn money in the long run. There are days when I earn only 15 euros, but there are also days when I earn 100 euros. I've now been assigned a personal account manager by Trade who keeps me updated on a weekly basis regarding the latest news and developments. I also get an email every week on Monday with individual recommendations. Overall I'm really happy with Trade.com and I'd give them an 8+.

Tony A, Reviewed March 22, 2018

A huge plus is that you receive daily updates on matters surrounding forex trading, free of charge. In order to receive the updates you need to invest at least 2500 dollars but it's definitely worth it. The transaction fees are low and the prices are updated properly, which isn't always the case with other brokers.

Abigail K., Reviewed January 21, 2018

The app doesn't work well. I get thrown out every 5 minutes and need to log in again. I can't trade in this way. When I want to start a trade I get thrown out again. I'm going to close my account with you right away.

Marly L., Reviewed January 1, 2018

After signing up I received 25 euros on my account, free of charge. I'm not used to this with other brokers, where you need to deposit money before receiving a bonus. Thanks a lot Trade.com for the free money.

Disclaimer

 


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78,47% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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