Trade.com Review
What is Trade.com?
TRADE.com is a trading brand operated by Leadcapital Markets Ltd. It is based in Cyprus and is authorized and regulated respectively by the Cyprus Securities and Exchange Commission.
Trade.com was established in and continues to be . Its goal is to offer ultimate services to traders that allow them to join in cooperation at all levels.
This is achieved by a comprehensive educationto understand strategies and methods through the available information and analysis. The platform was created by Trade.com and allows secure access to over 2,100 instruments.
Broker: Trade.com
Minimum deposit: 100 US$
Leverage: 1:30 | 1:300
Regulator: CySEC. FSCA. FSCM
Year: 2013
Platforms: Trade.com WebTrader MT4
HQ: Cyprus
Trade.com Licences:
Trade Capital Markets Ltd (TCM) - Authorized by CySEC, (Cyprus). registration number. 227/14
Trade Capital Markets Ltd - Authorized by FSCA (South Africa), registration FSP No. 47857
Trade Capital UK Ltd - Authorized by FCA UK (UK) registration number. 738538
Lead Capital Global Ltd is authorized by the Financial Services Commission of Mauritius license number. C119023948
Overview
Trade.com has been a trusted company for years. It is licensed by the FCA and is safe, legal, and legitimate. Opening an account is simple, it is suitable for professional traders or regular traders, and the commissions and costs are very low. There is also a wide range of instruments.
The negative side is that the support hours vary depending on the entity and there are no learning materials for beginners.
Pros
Several account types
Multiple payment options
Wide range of instruments
Negative balance protection
Asset management services
Cons
Wider spreads with lower account tiers
Limited educational resources for beginners
Some additional fees including currency conversion and inactivity charges
Rating of the company overall
Reliability ⭐⭐⭐⭐⭐
Platform ⭐⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐
Support ⭐⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐⭐
RATING: 3.4
Trade.com: Is it safe?
Trade.com is not a fraud. It is a legitimate broker that offers high-trust and low-risk trading environments.
Trade.com is it legit?
The ESMA (Committee of the European Securities and Markets Authority) has the CySEC as the supervisory body for CIFs in Cyprus. The company license is fully compliant with the requirements of European Parliament's Markets in Financial Instruments Directive, which all in all aims to provide the best trading and financial investments practices.
Trade.com also covers global trading needs through its South African entity. (Read the FSCA Regulated Infinox Capital Review).
What can you do to be protected?
TRADE.com follows strict guidelines regarding clients' funds protection. They ensure that funds are kept in reliable Tier 1 banks and segregated from company funds at all times. TRADE.com also offers a Compensation Fund to protect investments and an excellent account management service to help explain trading and risk.
Leverage
Leverage trading is an excellent way to increase your profits. It allows you to trade larger amounts than your initial balance. You should be able to use leverage in reverse, so you need to learn how to properly use it.
International authorized brokers must comply with all regulatory requirements. Trade.com is therefore required to establish maximum leverage in accordance to European ESMA regulations.
ESMA and CySEC (Read the CySEC Regulated LegacyFX Review) significantly reduced maximum leverage to 1:30 for major currency pairs and 1:20 for minor ones, and 1:10 for commodities. And 1:2 for Cryptocurrencies.
However, if you trade with South Africa Trade.com, you will get a higher ratio of a 1 to200 for Forex instruments and even 1:300 if you trade with them.
Types of accounts
Trade.com offers to 5 account types that are tailored by Trade.com to suit traders' specific needs.
All accounts are subscribed to daily analysis by the company. They have a choice between desktop and mobile trading, video tutorials, and 24h customer service. Access to multiple products, including Forex, CFDs and Commodities.
How do I open an account?
Fees
Trade.com's trading costs are determined by the instrument that you trade. CFDs trading, Futures and IPOs have different price models. The spreads used for the first group of traders were essentially cost-based. Futures and Stocks trading will charge a commission per trade.
For a complete pricing and fee structure, you should also consider additional costs such as funding fees and inactivity fees.
Spreads
Trade.com spreads offer some of the best and most pleasant conditions. All costs are included in a tight spread when trading CFDs. Because the spread is tighter, the market price does not have to move as far away from your entry price. This gives your trade a greater chance of becoming profitable. Advanced traders will also benefit from better trading conditions if their trading volume increases.
For more information, see below the standard trade.com spreads. You can also compare fees with another popular broker BDSwiss.
Comparison of Trade.com fees with similar brokers
Find out more about commission fees
We have already discussed in our Trade.com Review futures that IPOs as well as Stock trading can be presented through different platforms such IBKR. They also allow for the creation of different pricing models and trading conditions. There is no spread, but there is a per-lot commission, which is also determined by the trade instrument. You should also verify all charges and commissions as futures contracts are traded monthly and have rollovers on specific days.
Trade Instruments
Multiple products offer assets such as Forex and Crypto, CFDs and Commodities, Bonds and Indices, and you can apply one-click executions and stop & limit orders.
You can trade crypto through Bitcoin, Dash and Ethereum with leverage 1:2 and spreads of 50.00 USD on BCHUSD. Trade.com charges clients only the spread, which is added to the price. However, spreads remain among the most competitive offering.
Payment Methods
Trade.com accounts can be funded using a variety of simple and secure ways to transfer funds instantly from or to them. Methods and conditions can vary depending on the jurisdiction rules and regulations, so make sure you verify them.
Deposit Options
These options allow you to transfer money from or to your trading account,
Credit card via secure online payment through major credit or debit cards
Fast Bank Transfer with minimal transfer fees and conversion charges
Skrill With just an email address, password and username, you can easily send and receive money online.
NETELLEReither through a pre-paid card or the free money transfer services
Securechargea Central Bank of Cyprus authorized and regulated electronic money institution
You can also use a WebMoney or Qiwi to make payments
What is the minimum trade.com deposit requirement?
Trade.com Minimum deposit required 100$ for Micro account. This requirement varies depending on the trading account you choose. Find out more about micro forex brokers.
Trade.com Minimum Deposit vs Other Brokers
Withdrawals
Trade.comwithdrawals offers good conditions for card withdrawals and bank transfers. There is a minimum withdrawal amount (exempting wire transfer - 100$), which is $20. In case you request a smaller amount, charges will not be charged. You will not be charged any Withdrawal or Deposit Fees at the moment. They are all covered under Trade.com.
Trade Platforms
Trade.com offers a range of software that allows you to trade via download, web, tablet, and mobile. We will also be discussing Trade.com Review more details about their platforms. Overall, however, we found great options for CFD traders as well as those who specialize in Futures trading and Stocks investment.
Web Platform
Trade.com WebTrader is an innovative platform that provides clients only with an easy-to-use interface among industry proposals.
The platform includes multi-chart display and independent functions. It also features trading tools, intelligent analysis. Trading Central, Events & Trade Tool, and secure management optimization.
DMA trading
Trade.com's last but not least opportunity is to trade with a DMA, or gain direct access to markets through unique cooperation with Interactive Brokers, a top DMA provider. Professional traders and active traders can benefit from these opportunities and their vast capabilities.
You can also invest in Stocks via Thematic Online.
Desktop Platform
You can access the platforms via both mobile and desktop interfaces. They offer a wide range of tools, from customization to specific engagements. Full trading capability available via desktop version.
Customer Support
You can also count on the continued support provided through multiple international languages and local lines. Russia, France and Poland. Support is available via Live Chat, telephone lines or email.
Education
Trade.com offers a comprehensive education center that is not available at other brokers. Trade.com also provides great research tools and essentials. These are already powerful platforms that include inbuilt trading tools, intelligent analysis and Trading Central.
Overall, Trade.com's broker offering may be better for professionals and experienced traders than it is for beginners. It is a great choice for professionals, both in terms of trading platforms and overall capabilities.
Conclusion
Overall, Trade.com offers an portal for clients or traders of nearly any demandas shown in our Trade.com review. Trade.com offers a wide range of local support and a personal service to its clients. However, it does not provide comprehensive education. Instead, they offer advanced research tools, analysis, and platforms that highlight their offerings.