Trade12 Video Review
Trade12 holds a very nice rebranding of the website sees Mike Tyson featuring heavily for this UK based trading firm that offers trading of Forex, Gold, Silver, Oil Futures on Shares and Indices.
The company is available for trading 24 hours a day and they also offer a no dealing desk policy which takes away the conflict of interest between the broker and their clients. You can speak to customer support 24 hours a day, 5 days a week for any queries you may have and bear in mind that they offer a leverage of up to 1:400.
Trade12 Reliability – Is Trade12 a scam?
Trade12 certainly features all the right buzzwords on their site, including information about their KYC (Know your Customer) policy and about fund segregation and so on but what is not so excellent is the fact that they are regulated in Republic of Vanuatu under Eyar Financial Corp Limited (Company No: 014641).
In truth not every good broker is regulated, and this is a good broker from what we have seen. However there is no doubt about it that traders are much more comfortable when they and their deposits are covered by investor compensation schemes and regulated brokers that must have a certain minimum capitalization in their coffers.
Other than the matter of regulation we can see by the kind of resources and robust trading technology that this firm is investing in that they are a good solid candidate, with a long term attitude.
The mainstay of Trade12 is both their MetaTrader4 and Sirix web Trader platforms. The MT4 is also available for mobile on-the-go trading.
The web trader as its name suggests can be used as soon as you have a login and also features:
- One-click trading
- On platform charting and Trading Central live analysis
- Easy to use interface
- Social trading with the ability to follow other traders trades
You can access this platform at any time you like and trade from basically anywhere in which you have internet connection.
Trade12 offer 4 main account types which you can choose from depending on the kind of benefits you want to get as well as how much you’d like to deposit initially.
You can get spreads that start from 10.2 pips on the majors
You will get access to 1 pip spreads and will have a dedicated account manager and trading analysis
Requires a $50,000 deposit
You will get access to 0.8 pip spreads and will benefit from fixed, instead of floating spreads. You can also take advantage of free bank wire transfers.
you will need to speak to an account manager here
Please note that you can also sign up for a demo trading account in order to try before you buy with Trade12. It’s free to use and never expires.
Trade12 are big on education and resources for traders to master their art. Some of the resources include a video library, courses, articles and daily analysis.
- Good range of resources
- Nice trading platforms
- A strange regulation from the Republic of Vanuatu.