Trade.com offers a completely new way of trading financial markets. In this review of Trade.com, we will explain all ins and outs of this brokerage. Let’s go.
About the Company
When looking for the good broker, you expect it to be fully regulated and transparent. Trade.com Forex broker undoubtedly corresponds to these criteria. The broker is licensed by CySEC and is registered with FCA, AMF and BaFin. As for the website, it is owned and is being operated by Lead Capital Markets, the Cyprus-based firm. Unfortunately, clients from US/Canada/Japan are not accepted by Trade.com due to some restrictions.
Our Trade.com review has identified 3 live trading account types tailored for different investors and traders. They include Classic, Gold and Platinum. Real trading account owners enjoy various technical indicators, market news and daily analysis, relatively low minimum deposit, leverage on all instruments, 24/5 dedicated account manager, one-click-trading and also real-time quotes. In the image below you can see the comparison of the account packages:
For those who only start out at trading markets, Trade.com offers full-fledged demo account featuring access to various education videos.
On top of that, clients may enjoy a generous Trade.com bonus which is granted upon making the first deposit. The minimum deposit requirement is $1,000, which is more or less acceptable.
In terms of software, Trade.com certainly stands at the technological forefront. They do not need any further representation – MetaTrader 4 and Sirix WebTrader. In addition, there Trade.com mobile apps currently available for free in Google Play and AppStore.
The total number of tradable instruments stuns the mind – more than 2,000 unique tradable assets. As for the types of assets, traders can trade bonds, commodities, stocks, indices, Forex and ETFs. Trade.com charges zero commissions on CFD trading.
When preparing this Trade.com opinion, we noticed that the margin requirement at this brokerage ranges from 2-5%. Trading costs are not high since the broker offers tight spreads. We should admit, however, that the leverage seems to be limited – maximum is 1:100. Still, the benefits of dealing with this broker outweigh all other minor disadvantages.
The quality of customer support is very high and the staff is quite proficient. Trade.com offers 27 international phone numbers, live chat, and email support. The website itself is available in more than 25 languages.
The Bottom Line
Is Trade.com scam? Absolutely not, it is one of the proficient brokers currently available on the market. Overall, Trade.com website is user-friendly and easy-to-use. Do not wait – sign up!