Trade.com Review 2020

Trade.com General Fees

• Trade.com doesn't charge withdrawal fees
• Trade.com does charge inactivity fees
• Trade.com doesn't charge deposit fees

Broker	Trade.com	XTB	eToro	Pepperstone
Min Deposit	1	0	200	200
Withdrawl Fees	No	varies	Yes	No
Inactivity Fees	Yes	No	Yes	Yes
Deposit Fees	No	No	No	No
CFD Commission Fees		Yes	No	Yes

Trade.com Commissions

• Trade.com does charge commission on CFD instruments.

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, making it easier to keep an eye on and execute your trades while you’re on the move.

Trade.com Trading benefits :

• Allows scalping
• Allows hedging
• Low min deposit
• Offers Negative Balance Protection

Trade.com Trading Accounts Offered :

• Mini account
• Standard account
• Islamic account

Can I try Trade.com before I buy?

Trade.com offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Trade.com withdrawl and funding methods.

Trade.com offer the below funding payment methods. learn more about Trade.com

• Credit cards
• Bank Transfer
• Payoneer
• Neteller

Broker	Trade.com	XTB	eToro	Pepperstone
Bank transfer	Yes	Yes	Yes	Yes
Credit Cards	Yes	Yes	Yes	Yes
Paypal	No	Yes	Yes	Yes
Skrill	No	Yes	Yes	Yes
Payoneer	Yes	Yes	Yes	Yes
Neteller	Yes	Yes	Yes	Yes

How can I start trading with Trade.com?

When opening a trading account with Trade.com, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Trade.com trading platforms here.

Performing trades with Trade.com

With Trade.com, the minimum and maximum trade requirements vary depending on the trader and the instrument.

As a market maker, Trade.com may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Trade.com also offers a number of useful risk management features, such as stop losses (with trailing stops), limit orders, negative balance protection, price alerts, and much more. You can see all of the account features offered by Trade.com here.

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

We should say something about negative balance protection with Trade.com. When trading using leverage an adverse move could result in losing more than your trading account balance at Trade.com. Your Trade.com account could potentially become negative. We recommend you making use of negative balance protection. Using negative balance protection ensures your losses will always be limited to the current balance of your account the money in your account.

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

A stop-loss order is an order placed with a broker like Trade.com to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at Trade.com

To trade effectively with Trade.com, it's important to get a have a good understanding of the XTB trading tools and the markets.

Trade.com offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Trade.com.

Take time to look around the Trade.com platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Trade.com

Trade.com support a wide range of languages including English, Shqip, Arabic, Cestina, Danish, German, French, Greek, Hungarian, Italian, Bokmal, Polish, Portugues, Romanian, Russian, Slovenian, Spanish, Svenska, Mandarin, and Thai

Trade.com have a triple AAA grade support rating because they offer a wide range of languages, live chat, email and phone support.

Trade.com customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Livechat Support at Trade.com

Trade.com does not offer LiveChat Support.

Email Support at Trade.com

We sent several emails to Trade.com and answer times overall were excellent. The fastest response from Trade.com was less than 2 minutes and the slowest response was 3 hours. Support response times may vary for you with Trade.com, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Trade.com.

Phone Support at Trade.com

We called Trade.com and the call was answered very quickly. The call was answered in less than 1 minutes.

The Trade.com phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Trade.com team by calling in varying languages. Trade.com made an effort to make sure our queries were answered.

Overall great phone support from Trade.com.

See how Trade.com Support Compares Against Other Brokers

Broker	Trade.com	XTB	eToro	Pepperstone
Support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support
Languages	English, Shqip, Arabic, Cestina, Danish, German, French, Greek, Hungarian, Italian, Bokmal, Polish, Portugues, Romanian, Russian, Slovenian, Spanish, Svenska, Mandarin, and Thai	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish	English, German, Spanish, French, and Italian	English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Learn More	Visit Trade.com	Visit XTB	Visit eToro	Visit Pepperstone
Risk Warning	Your capital is at risk	Your capital is at risk	65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% 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

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

As Trade.com is regulated by Cyprus Securities and Exchange Commission (CySEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

• A scanned colour copy of your passport, driving license or national ID
• A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Trade.com's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Trade.com you can visit their website here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from https://www.trade.com/ on 12th August 2018.

Trade.com review written by Andrew Blumer and Mark Hansen