Trade.com Review 2024

Trade.com review
Trade.com Fees Explained

• Trade.com doesn't charge withdrawal fees.
• Trade.com does charge a fee for inactive accounts.
• Trade.com doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Trade.com are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

Trade.com Costs To Check

Modern brokers like Trade.com provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Trade.com may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Trade.com trading profitability.

How Trade.com Fees Compare Against Other Brokers

Trade.com Minimum Deposit

Trade.com requires a minimum deposit of 1 GBP/USD/EUR when opening an Trade.com trading account.

A minimum deposit is the minimum amount of money required by Trade.com to open a new online brokerage account with them.

Don't be scared off by brokers like Trade.com charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Trade.com, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Trade.com Withdrawal Fees

Trade.com doesn't charge withdrawal fees.

Trade.com Withdrawal rules may vary across different brokers when it comes to transferring funds from your Trade.com or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Trade.com may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Trade.com withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Trade.com. Researching and comparing Trade.com withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Trade.com funds frequently or dealing with large sums of money. Awareness of these Trade.com fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Trade.com funds.

For example, Trade.com allows you to withdraw your funds to Credit cards, Debit cards, Bank Transfer, Neteller, Payoneer.

Trade.com Inactivity Fees

Trade.com does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Trade.com terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Trade.com fees and services. It's recommended that you check the Trade.com website before signing up. If you decide to close your Trade.com account, it's important to do so with the Trade.com broker customer support and obtain confirmation that no remaining Trade.com fees are due.

Brokers like Trade.com must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Trade.com Deposit Fees

Trade.com does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Trade.com Commission Fees

Trade.com does charge commission on CFD instruments.

Brokerage firms like Trade.com may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Trade.com trading account level held by the trader.

Trade.com may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Trade.com terms and conditions to understand the commission fees and any other charges that may apply is essential.

Trade.com review
Trading on Trade.com web platforms and other applications

Trade.com offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Trade.com also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Trade.com's platforms

Is the Trade.com Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Trade.com trading platform to protect you on PC and mobile Trade.com platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Trade.com web trading platforms.

Trade.com Trading Platform Options

After logging into your Trade.com account, you'll find a range of trading platform options available below.

• MetaTrader 4 (MT4)

Please be aware that Trade.com does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

Trade.com does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options Trade.com gives you.

Trade.com review
Trade.com MetaTrader 4 (MT4)

Trade.com MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Trade.com offers traders comprehensive features and tools to enhance their trading performance. The Trade.com MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Trade.com platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Trade.com traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Trade.com traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Trade.com trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Trade.com MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Trade.com, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Trade.com MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Trade.com allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with Trade.com in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Trade.com MetaTrader 4 is compatible with the latest macOS. Trade.com allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on Trade.com

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade Trade.com MetaTrader 4 on iOS Devices

You can download the Trade.com app or trade with Trade.com through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Trade.com customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade Trade.com MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and Trade.com offers its clients access to the MetaTrader 4 platform on these devices. With the Trade.com MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Trade.com traders to stay on top of their trades and react quickly to changes in the market. With the Trade.com MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade Trade.com MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on Trade.com are a powerful bundle of three major indicators designed to help traders make informed decisions. Trade.com MT4 Trading Central indicators include:

• Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
• Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
• Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help Trade.com traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Trade.com traders to potentially stay one step ahead.

Trade.com MetaTrader 4 Advanced Trading Tools

The Trade.com MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Trade.com traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Trade.com provides traders with everything they need to succeed. The Trade.com MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Trade.com traders to analyze the market at any level of complexity.

Trade Trade.com MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

Trade.com MetaTrader 4 AutoChartist

Autochartist on the Trade.com platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for Trade.com MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, Trade.com traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Trade.com users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Trade.com traders can navigate the platform and find the information they need to make informed trading decisions.

Trade.com Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Trade.com traders of all experience levels.

Trade.com Trading benefits

• Trade.com Allows scalping
• Trade.com Allows hedging
• Trade.com Low min deposit
• Trade.com Offers Negative Balance Protection

Trade.com Trading Accounts Offered

Below we give an overview of the account types that Trade.com offer. Whatever you are looking to trade, the varying Trade.com account types will be able to provide you with what you need.

• Trade.com Mini account
• Trade.com Standard account
• Trade.com Islamic account

Can I try Trade.com?

Trade.com provides a demo account that enables individuals to explore trading before investing their funds. By creating a Trade.com practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Trade.com demo account can help individuals to make informed decisions before investing their money.

Open a demo Trade.com account to practice and trade.

Your capital is at risk

Trade.com withdrawal and funding methods

It's essential to remember that the payment methods provided by Trade.com vary based on the Trade.com entity and the Trade.com client's country of residence. To view the Trade.com payment options available, you can log into your Trade.com member's area.

Trade.com offers various funding payment methods listed in your Trade.com dashboard if available in your region. To learn more about the Trade.com funding and withdrawal options available in your area, you can explore the Trade.com website.

Trade.com provides several payment methods for funding your Trade.com account. You may utilize any of these deposit options if they are available in your region. Trade.com ensures that users have multiple payment methods to choose from, making it more convenient for verified Trade.com account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Trade.com user's location. learn more about Trade.com funding and withdrawal methods.

Trade.com Payment Methods

Some Trade.com payment methods are local and are available only to specific regions. Trade.com account holders should check which payment methods are provided in your region.

• Trade.com accepts Credit cards
• Trade.com accepts Debit cards
• Trade.com accepts Bank Transfer
• Trade.com accepts Neteller
• Trade.com accepts Payoneer

How can I start trading with Trade.com?

To open a trading account with Trade.com, individuals can sign up on the Trade.com website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Trade.com account validation and making a deposit. Once completed, Trade.com users can download the trading platform of their choice.

It's important to note that Trade.com requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Trade.com maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Trade.com trading platforms is available on their website.

Your capital is at risk

Performing trades with Trade.com

The trading platform, Trade.com, provides users various options regarding the minimum and maximum trade requirements. These requirements are determined based on the specific instrument being traded and the preferences of the individual trader. This flexibility allows traders to tailor their trading experience to their unique needs and investment goals.

Trade.com, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Trade.com can be useful for traders starting or with limited capital.

Like other brokers, Trade.com margin requirements can differ depending on the traded instrument.

Trade.com offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses (with trailing stop loss orders), Position sizing techniques, Price alerts, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about Trade.com, and see all of the Trade.com account features on the official Trade.com website.

Limiting Your Risk When Trading with Trade.com Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like Trade.com. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a Trade.com trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, Trade.com trading losses are always limited to the current balance of funds in the trader's account.

Even if an Trade.com trader experiences a significant loss, they will never owe more money than what is available in their Trade.com account balance.

It's important for Trade.com traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Trade.com losses are limited to the funds available in your Trade.com account when negative balance protection is in place.

Limit Risk When Trading with Trade.com Stop Loss, Trade.com Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as Trade.com . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for Trade.com traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an Trade.com trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide Trade.com traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with Trade.com, you must actively monitor your live trading portfolio and financial exposure on Trade.com.

Education Resources at Trade.com

To trade effectively with Trade.com, it's important to have a good understanding of the Trade.com trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Trade.com and externally.

Trade.com . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Trade.com. Familiarizing yourself with the Trade.com trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Trade.com. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Trade.com involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Trade.com, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Trade.com. Explore the Trade.com platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Trade.com, before live trading.

Customer Support at Trade.com

As part of our Trade.com review, we review customer service options, response times and problem resolution effectiveness on the Trade.com trading platform. The Trade.com trading platform supports multiple languages, which includes English, Shqip, Arabic, Cestina, Danish, German, French, Greek, Hungarian, Italian, Bokmal, Polish, Portugues, Romanian, Russian, Slovenian, Spanish, Svenska, Mandarin, and Thai.

Trade.com Available Support Types

Trade.com has a triple AAA grade support and customer service rating because they offer various range of languages, live chat, and email support.

Trade.com customer service supports multiple languages from all over the world. Having a broker that can hire people from various locations worldwide who can better communicate with you in your local language is a huge advantage when dealing with issues.

Your customer service experience with Trade.com has to be positive for you to effectively trade the financial markets on the Trade.com platform. Trade.com should answer all of your questions and your Trade.com platform issues are solved. When an Trade.com customer has any queries regarding Trade.com, the Trade.com customer support team should take these issues seriously and offer a quick and effective solution. Trade.com has a great client support team, so we have rated their customer service highly.

Livechat Support at Trade.com

Trade.com does not offer LiveChat Support.

Email Support at Trade.com

As part of our review process, we wanted to test the email support offered by Trade.com. We sent 25 emails at different times and were impressed with the response times. We received the fastest response in less than 2 minutes, and the slowest response was 3 hours. While your experience may vary, our testing shows Trade.com has excellent email support overall.

The support team quickly and efficiently resolved all of our queries. Overall, we were very satisfied with the email support provided by Trade.com. If you're looking for a broker with reliable email support, Trade.com is worth considering.

Phone Support at Trade.com

Our experience with Trade.com phone support was positive. When we called, the team answered our call promptly, in less than a minute.

During the call, we tested the multilingual Trade.com team by speaking in different languages, and they made an effort to answer our queries in each language.

The phone support team successfully resolved our questions and issues over the phone. Overall, we found the phone support from Trade.com good.

See how Trade.com Support Compares Against Other Brokers

What you will need to open an account with Trade.com

As Trade.com is regulated by Cyprus Securities and Exchange Commission (CySEC).

As a new client of Trade.com, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Trade.com in your region. During the Trade.com account opening process, you will be asked to provide Trade.com with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Trade.com have the following documents available.

• Trade.com require a scanned colour copy of your passport, driver's license or national ID card.
• A recent utility bill or bank statement that confirms your residential address for Trade.com compliance. This must be dated within the last six months.
• If you plan to fund your Trade.com account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Trade.com platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Trade.com Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Trade.com's platform.

However, remember that you won't be able to make trades on Trade.com until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Trade.com KYC compliance process as soon as possible to avoid any delays in accessing the Trade.com platform's features.

It is important to note that Trade.com may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Trade.com platform and features immediately. However, you must pass the verification process to start live trading with Trade.com, which can take up to a few business days.

To start the process of opening an account with Trade.com you can visit the Trade.com trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.trade.com/ on April 22, 2024.

Trade.com review written by Andrew Blumer and Mark Hansen