Twine Review 2020

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

Twine Guide

Twine are an online broker founded in 2008 offering Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading.

Twine are a global broker and have a head office in USA.

Twine have a listed stock symbol. This means that Twine have publically listed and you can officially buy shares in Twine on one of the worlds global market exchanges.

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 Twine we break down the pros and cons. What Twine are able to offer, what countries Twine are available in. Who Twine 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 Twine

Open Twine's Website

Your capital is at risk

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

With this review we hope to help you see if Twine 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 Twine that will help you get off to a good start in the world of online trading.

Twine Review Table of Contents

Twine what you should know

Twine offer four ways to trade: Forex trading, CFD trading, Spread Betting, Share Dealing.

With Twine you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Twine platform.

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


Are Twine safe?

When choosing a broker like Twine 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 2008, and in operation for 12 years Twine have a head office in USA.

Twine is regulated. This means Twine are supervised by and is checked for conduct by the Unregulated regulatory bodies.

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

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

For added security Twine 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 Twine. 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 Twine

Your capital is at risk

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

Broker twine eToro XTB Trading212
Year Established 2008 2006 2002 2006
Head Office USA Cyprus, UK Poland UK
Regulation Unregulated 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 Yes Yes
Guaranteed Stop Loss No No Yes
Learn More Visit Twine Visit eToro Visit XTB Visit Trading 212
Risk Warning Your capital is at risk 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.

Twine Pros and Cons

What we like about Twine

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by Unregulated
  • Min. deposit from $100

What we don't like about Twine

Twine Financial Regulation and Supervision in more detail

Twine are not supervised or regulated by any well known regulatory bodies. Its normal to find online brokers like Twine that are not regulated yet appear to be legitimate.

Twine maybe relatively new. Some brokers provide their service under offshore licenses to save operational costs. Regulatory licensing can be very costly. We recommend only trading with regulated brokers. Should anything go wrong with Twine you are not guarenteed help in a difficult situation.

  • Unregulated

Twine General Fees

  • Twine withdrawal fees varies on payment method
  • Twine does charge inactivity fees
  • Twine does charge deposit fees
Broker twine eToro XTB Trading212
Min Deposit 100 200 0 1
Withdrawl Fees varies Yes varies No
Inactivity Fees Yes No No
Deposit Fees No No No
CFD Commission Fees No Yes No

Twine Commissions

  • Twine does charge commission on CFD instruments.

What can you trade with Twine?

You can trade a wide variety of instruments with Twine over 268 instruments infact.

If you are looking at trading currency pairs Twine offer over currency pairs.

Compare Twine with eToro and XTB below.

Your capital is at risk

Broker twine eToro XTB Trading212
Instruments Available 268 100 1,500 3000
Platforms iPhone,iPad,Android,Tablet Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies Visit Twine Visit eToro Visit XTB Visit Trading 212
Forex pairs offered 50 50 177
Major forex pairs No Yes Yes Yes
Minor forex pairs No Yes Yes Yes
Exotic forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit Twine Visit eToro Visit XTB Visit Trading 212
Commodities Offered 0 0 21 14
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs Visit Twine Visit eToro Visit XTB Visit Trading 212
Stocks Offered 957 1696 1731
UK Shares No Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes

Trading on Twine web platforms and other applications

Twine offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

Twine 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 twine's platforms

Twine Trading benefits :

  • Low min deposit

Twine Trading Accounts Offered :

  • Micro account

Can I try Twine before I buy?

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

Twine withdrawl and funding methods.

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

  • American Express
Broker twine eToro XTB Trading212
Bank transfer No Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes Yes No
Neteller No Yes Yes No

How can I start trading with Twine?

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

Performing trades with Twine

Twine allow you to execute a minimum of trade of . This may vary depending on the account you open. Twine allow you to execute a maxium trade of .

As a market maker, Twine 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 instruments.

Twine Leverage and Twine CFDs Explained

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

Twine 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.

Twine 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 Twine 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 Twine 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.

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

Education resources at Twine

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

Twine 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 Twine.

Take time to look around the Twine 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 Twine

Twine support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Twine have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Twine less customer support features compared to other brokers like live chat, phone and email support.

Livechat Support at Twine

Twine does not offer LiveChat Support.

Email Support at Twine

Twine does not offer Email Support.

Phone Support at Twine

Twine does not offer Phone Support.

See how Twine Support Compares Against Other Brokers

Broker twine 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, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian 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 Twine Visit eToro Visit XTB Visit Trading 212
Risk Warning Your capital is at risk 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 Twine

As Twine is regulated by Unregulated, 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 Twine'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 Twine 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://twine.com/ on 12th August 2018.

Is Twine A Good Broker?

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

  • Twine have a good track record of offering Forex trading, CFD trading, Spread Betting, Share Dealing.
  • Twine has a history of over 12 years.
  • Twine has a reasonable sized customer support of at least 10.
  • Twine are regulated by Unregulated. This means Twine 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.
  • Twine have regulation from a Tier 1 reputable country.
  • Twine has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Twine have an international presence in multiple countries. This includes local Twine seminars and training.
  • Twine are able to hire people from various locations in the world who can better communicate in your local language.

Twine Risk Disclaimer

Your capital is at risk

Twine not quite right?

Check out these Twine Alternatives

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

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

Related Twine Comparisons

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

TWINE Frequently Asked Questions

Can I try Twine before I buy?

Twine do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Twine accept?

Twine offer the following funding payment methodsAmerican Express, among other payment methods.
Learn more here

Your capital is at risk

Is Twine safe?

While Twine may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to Twine accounts by traders are held in a segregated bank account. For added security Twine use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Twine trading good?

While Twine may not necessarily be considered bad, they are not regulated. We would recommend trading with only regulated brokers.Twine is used by over Twine active traders. Twine offers Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading. Minimum deposit with Twine is mindeposit.

Is Twine trading Legit?

Twine was founded in USA in 2008. Twine has been facilitating trade on the financial markets for over 12 years. Twine offers clients Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading. All funds deposited to Twine are held in segregated tier 1 bank accounts for security. Twine is not regulated. Although this doesnt mean Twine are awful, we recommend trading with regulated brokers.

Is Twine a good broker?

Twine is not regulated by a top tier financial regulator. While many traders may still find trading with Twine useful, we recommend only trading with a broker that has regulation.Twine allows Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading.

Is Twine trustworthy broker?

While having many plus points because Twine is not regulated we personally would not trade with them. Make any broker you trade with is regulated and places any funded money into segregated tier 1 bank accounts. If your money is in a segregated bank account the broker has no direct access to your funds so cannot misappropriate your money.

What is the minimum deposit for Twine?

The minimum deposit to trade with Twine is 100.

How long do Twine withdrawals take?

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

Is Twine regulated?

Twine is not regulated by a top tier financial regulator.

Is Twine a market maker?

Twine is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with Twine?

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

Is my money safe with Twine?

Twine is regulated by Unregulated. One of the most important criteria for traders when choosing a broker like Twine 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 Twine, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Twine a con?

While we would noy say that Twine is a con. Because they are not regulated by a top tier financial regulator we would not trade with them.

Can you make money with Twine?

Although traders have had great success with Twine. Trading on the financial markets with Twine 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. Your capital is at risk.

Does Twine have fees?

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

When was Twine founded?

Twine was founded in 2008.

How many people use Twine?

Twine is used by over 10000 registered traders.

What is Twine Headquarters country?

Twine has its head quarters office in USA.

Does Twine offer negative balance protection?

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

Does Twine offer guaranteed stop loss?

Twine 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 Twine allow scalping?

Twine does not offer scalping.

Does Twine allow hedging?

Twine does not offer hedging.

Does Twine offer CFD trading?

Twine offers CFD trading.

Does Twine offer STP?

Twine does not offer STP trading.

How many people use Twine?

Twine is used by over 10000 traders.

Is Twine an ECN broker?

Twine does not offer ECN trading.

Does Twine offer a demo account?

Twine does not offer demo account.

Does Twine offer an Islamic account?

Twine does not offer Islamic accounts.

What are the funding methods for Twine?

Twine accept the following funding methods : American Express,

Twine review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Twine 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.

Twine review written by Mark Hansen of Comparebrokers.co