Trade.com is a brokerage firm that was founded in 2013. They are currently licensed by the Cyprus Securities and Exchange Commission (CySEC), compliant with the MiFID (EU) and are also registered with regulatory bodies of all EU member states. With more than 2,000 accessible financial instruments on their platform, exploring different trading opportunities with this broker is definitely possible with this broker.
Currently they offer two platforms that come with essential trading tools. One can be accessed using computers while the other is specially designed for mobile devices.
Friendly for traders
The interface is simple and comprehensible even for novice users. Even beginners won’t have a hard time adapting to it.
Min account size
The minimum deposit just $100. Such amount is more affordable compared to the initial deposit requirements of other known brokers.
Min Lot size
They accept a minimum lot size of 0.01. This is basically the standard minimum size that majority of brokers allow today.
# Of Tradable Assets
More than 2,000 instruments are available on their platform. Such number is hard to beat as most brokers only offer around 100 to 200 choices.
With a leverage of up to 1:200, this broker allows you to increase your earning potential. That means for every $1, you can place a trade worth $200.
Spread on EUR/USD
Competitive spreads are offered especially for the major currency pairs. The EUR/USD pair for example has a spread of 2 pips on the WebTrader and 3 pips on the MT4 platform.
Account funding very simple and can be done using credit cards, e-Wallet methods and Wire Transfer.
Reputation Among Traders
Trade.com continues to be a reputable broker. In fact, they are well-known to be a licensed and regulated brokerage house with a secured trading environment.
Their platforms are unquestionably stable based on the rigid tests that were done. There weren’t any bugs or errors encountered during the assessment process.
Practice trading is allowed via the free demo account. Once you have signed-up, you will be provided with a $10,000 opening balance that you can use for making virtual trades.
Currently, they are licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) and is also compliant with the MiFID (EU). They are also registered with regulatory bodies of all EU member states which includes the Financial Conduct Authority (FCA) in the UK, the Autorité des marchés financiers (AMF) in France and the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in Germany.
Communicating with their customer service department can be done in various ways. It is possible via email, phone, fax and live chat. Service quality is excellent and their agents are friendly to their clients.
With a solid trading platform that comes with a variety of tools, favorable trading conditions and over 2,000 financial instruments to offer, Trade.com should definitely be one of your top options if you are looking for a broker that can provide you with better opportunities and promising results. And with a first-rate support and excellent reputation, your trading account is definitely in good hands.
The total score that they received based on our objective scoring system is 91/100.
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