Tradeo Review 2020

Tradeo Rated 3/5
learn more Learn more about eToro. 75% of retail investor accounts lose money when trading CFDs with this provider.

Tradeo Guide

Tradeo are an online broker founded in 2011 offering Forex trading, CFDs trading, and Social Trading trading.

Tradeo are a global broker and have a head office in Cyprus.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Tradeo we break down the pros and cons. What Tradeo are able to offer, what countries Tradeo are available in. Who Tradeo are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Tradeo

Open Tradeo's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to Tradeo

With this review we hope to help you see if Tradeo is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Tradeo that will help you get off to a good start in the world of online trading.

Tradeo Review Table of Contents

Tradeo what you should know

Tradeo offer three ways to trade: Forex, CFDs, Social Trading.

With Tradeo you will need a minimum deposit of $250. You can sign up for a demo account to acquaint yourself with Tradeo platform.

Tradeo are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Tradeo safe?

When choosing a broker like Tradeo the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2011, and in operation for 9 years Tradeo have a head office in Cyprus.

Tradeo is regulated. This means Tradeo are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Tradeo, this will be honored. If Tradeo violate any regulatory rules their regulated status could be stripped.

Any payments funded to Tradeo accounts by traders are held in a segregated bank account.

For added security Tradeo use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Tradeo. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Tradeo

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker Tradeo eToro XTB Trading212
Year Established 2011 2006 2002 2006
Head Office Cyprus Cyprus, UK Poland UK
Regulation Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Used By 10,000+ 12,000,000+ 250,000+ 14,000,000+
Negative balance protection No No Yes Yes
Guaranteed Stop Loss No No No Yes
Learn More Visit Tradeo Visit eToro Visit XTB Visit Trading 212
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. 80% 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.

Tradeo Pros and Cons

What we like about Tradeo

  • Used by over 10,000 traders
  • Established in 2011
  • Regulated by Cyprus Securities and Exchange Commission (CySEC)
  • Min. deposit from $250

What we don't like about Tradeo

Tradeo Financial Regulation and Supervision in more detail

We have checked and Tradeo is regulated and supervised by reputable organisations. You are able to check every Tradeo supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Tradeo. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Tradeo traders and provide a safe trading environment.

Tradeo is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Tradeo you should be sure they're legitimate online agent.

Tradeo General Fees

  • Tradeo withdrawal fees varies on payment method
  • Tradeo does charge inactivity fees
  • Tradeo does charge deposit fees
Broker Tradeo eToro XTB Trading212
Min Deposit 250 200 0 1
Withdrawl Fees Yes Yes varies No
Inactivity Fees Yes Yes No No
Deposit Fees Varies No No No
CFD Commission Fees No No Yes No

Tradeo Commissions

  • Tradeo doesn't charge commission on CFD instruments.

What can you trade with Tradeo?

You can trade a wide variety of instruments with Tradeo over 100 instruments infact.

If you are looking at trading currency pairs Tradeo offer over 45 currency pairs.

Compare Tradeo with eToro and XTB below.

Losses can exceed deposits

Broker Tradeo eToro XTB Trading212
Instruments Available 100 100 1,500 3000
Platforms MT4, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies Visit Tradeo Visit eToro Visit XTB Visit Trading 212
Forex pairs offered 45 50 50 177
Major forex pairs Yes Yes Yes Yes
Minor forex pairs Yes Yes Yes Yes
Exotic forex pairs Yes Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs Visit Tradeo Visit eToro Visit XTB Visit Trading 212
Commodities Offered 70 0 21 14
Metals Yes Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs Visit Tradeo Visit eToro Visit XTB Visit Trading 212
Stocks Offered 0 957 1696 1731
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes

Trading on Tradeo web platforms and other applications

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

Tradeo 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.

See Tradeo's platforms

Tradeo Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Tradeo Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • STP account

Can I try Tradeo before I buy?

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

Tradeo withdrawl and funding methods.

Tradeo offer the below funding payment methods. learn more about Tradeo

  • Credit cards
  • Bank Transfer
  • Payoneer
  • Neteller
Broker Tradeo eToro XTB Trading212
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 No
Neteller Yes Yes Yes No

How can I start trading with Tradeo?

When opening a trading account with Tradeo, 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 Tradeo trading platforms here.

Performing trades with Tradeo

Tradeo allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Tradeo offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

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

Tradeo Leverage and Tradeo CFDs Explained

let's take a look at some of the basics of using Tradeo leverage.

Tradeo offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Tradeo leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Tradeo trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Tradeo leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Tradeo CFDs are typically used for short to medium term trades. For example Tradeo intraday trading.

Limit Risk When Trading with Tradeo Stop Loss, Tradeo Stop Limit Orders

A stop-loss order is an order placed with a broker like Tradeo 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 Tradeo

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

Tradeo 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 Tradeo.

Take time to look around the Tradeo 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 Tradeo

Tradeo support a wide range of languages including English, Russian, German, Italian, Spanish, Chinese, Portuguese, and French

Tradeo have a B grade support rating because sometimes the reposonse was slow or our query wasnt answered. Tradeo offer email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Tradeo

Tradeo does not offer LiveChat Support.

Email Support at Tradeo

We sent several emails to Tradeo and answer times overall were excellent. The fastest response from Tradeo was less than 40 minutes and the slowest response was 2 days. Support response times may vary for you with Tradeo, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from Tradeo.

Phone Support at Tradeo

We called Tradeo and the call was answered very quickly. The call was answered in less than 5-10 minutes.

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

Overall the phone support from Tradeo was average.

See how Tradeo Support Compares Against Other Brokers

Broker Tradeo eToro XTB Trading212
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, Russian, German, Italian, Spanish, Chinese, Portuguese, and French English, German, Spanish, French, and Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文
Learn More Visit Tradeo Visit eToro Visit XTB Visit Trading 212
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. 80% 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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 Tradeo

As Tradeo 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 3 minutes or so to complete the account opening process.

While you might be able to explore Tradeo'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 Tradeo 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://tradeo.com/ on 12th August 2018.

Is Tradeo A Good Broker?

We spent over 3 months examining Tradeo in depth. Although we found some very useful aspects of the Tradeo platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Tradeo broker.

  • Tradeo have a good track record of offering Forex, CFDs, Social Trading.
  • Tradeo has a history of over 9 years.
  • Tradeo has a reasonable sized customer support of at least 10.
  • Tradeo are regulated by Cyprus Securities and Exchange Commission (CySEC). This means Tradeo fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Tradeo have regulation from a Tier 1 reputable country.
  • Tradeo has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Tradeo have an international presence in multiple countries. This includes local Tradeo seminars and training.
  • Tradeo are able to hire people from various locations in the world who can better communicate in your local language.

Tradeo Risk Disclaimer

Losses can exceed deposits

Tradeo not quite right?

Check out these Tradeo Alternatives

We have spent years researching the best alternatives to Tradeo. Click the links below to learn more.

If you feel some of the above Tradeo are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Tradeo alternatives below.

Related Tradeo Comparisons

If you would like to see how Tradeo stands up against other brokers you can read some of our Tradeo comparisons below. We compare side by side some of our top rated Tradeo versus comparisons. Read some indepth Tradeo VS pages below.

TRADEO Frequently Asked Questions

Can I try Tradeo before I buy?

Tradeo offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Tradeo accept?

Tradeo offer the following funding payment methods accept Credit cards, Bank Transfers, Payoneer, Neteller, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

Is Tradeo safe?

Tradeo are considered safe as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC). Any payments funded to Tradeo accounts by traders are held in a segregated bank account. For added security Tradeo use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Tradeo trading good?

Tradeo is considered good and reputable to trade with. TradeoTradeo is used by over Tradeo active traders. Tradeo offers Forex trading, CFDs trading, and Social Trading trading. Minimum deposit with Tradeo is mindeposit.

Is Tradeo trading Legit?

Tradeo was founded in Cyprus in 2011. Tradeo has been facilitating trade on the financial markets for over 9 years. Tradeo offers clients Forex trading, CFDs trading, and Social Trading trading. All funds deposited to Tradeo are held in segregated tier 1 bank accounts for security. Tradeo is regulated by Cyprus Securities and Exchange Commission (CySEC) so can be considered legit.

Is Tradeo a good broker?

Tradeo is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC) so can be considered a good broker.Tradeo allows Forex trading, CFDs trading, and Social Trading trading.

Is Tradeo trustworthy broker?

Tradeo can be considered trustworthy. All money funded to Tradeo is placed into a segregated tier 1 bank account. this means your money in not held by Tradeo directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Tradeo is regulated by Cyprus Securities and Exchange Commission (CySEC).

What is the minimum deposit for Tradeo?

The minimum deposit to trade with Tradeo is 250.

How long do Tradeo withdrawals take?

Withdrawing money from Tradeo processing time varies but averages 2-5 days.

Is Tradeo regulated?

Tradeo is regulated by Cyprus Securities and Exchange Commission (CySEC).

Is Tradeo a market maker?

Tradeo is a market maker. Stocks, currency and other commodities and instruments will be purchased by Tradeo even if no buyer is lined up.

How can I start trading with Tradeo?

When opening a trading account with Tradeo, 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 Tradeo trading platforms here.

Is my money safe with Tradeo?

Tradeo is regulated by Cyprus Securities and Exchange Commission (CySEC). One of the most important criteria for traders when choosing a broker like Tradeo is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Tradeo, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Tradeo a con?

Tradeo is regulated and well established having been in business for over 9 years. Tradeo is definitely not a con.

Can you make money with Tradeo?

Although traders have had great success with Tradeo. Trading on the financial markets with Tradeo is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does Tradeo have fees?

Tradeo withdrawal fees varies on payment method. Tradeo does charge inactivity fees. Tradeo does charge deposit fees.

When was Tradeo founded?

Tradeo was founded in 2011.

How many people use Tradeo?

Tradeo is used by over 10000 registered traders.

What is Tradeo Headquarters country?

Tradeo has its head quarters office in Cyprus.

Does Tradeo offer negative balance protection?

Tradeo does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Tradeo offer guaranteed stop loss?

Tradeo does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Tradeo allow scalping?

Tradeo offers scalping.

Does Tradeo allow hedging?

Tradeo offers hedging.

Does Tradeo offer CFD trading?

Tradeo offers CFD trading.

Does Tradeo offer STP?

Tradeo offers STP trading.

How many people use Tradeo?

Tradeo is used by over 10000 traders.

Is Tradeo an ECN broker?

Tradeo does not offer ECN trading.

Does Tradeo offer a demo account?

Tradeo offers a demo account.

Does Tradeo offer an Islamic account?

Tradeo does not offer Islamic accounts.

What are the funding methods for Tradeo?

Tradeo accept the following funding methods : Credit cards, Payoneer, Neteller, Bank Transfer.

Tradeo review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Tradeo brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Tradeo review written by Mark Hansen of Comparebrokers.co