Trade24 Review 2018

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Trade24Review

Trade24 Video Review

 Trade24 is a broker based out of London with offices also in Zurich and Paris, currently serves over 300,000 traders worldwide. This award winning broker offers leading security to its traders along with a wide range of forex trading products and services. Trade24 offers currency, stocks, indices and CFD trading across some of the most well loved trading platforms.

trade24-review1

Trade24 Reliability – Is Trade24 a scam?

It is a hard proposition looking into the overall reliability of an unregulated broker. However not all unregulated brokers should be avoided. Trade24 was established in 2007 and they have chosen to remain unregulated in all this time.

Instead of jumping through the regulators hoops, they choose instead to focus upon the depth of product which they offer their clients. This includes an unparalleled list of trading technology and platforms which includes a Robo trader, in effect an algorithm automated trader, a signal trader platform and a trade copier platform too. They also offer the well-trusted MT4 and Sirix web trader platform too.

In terms of security, Trade24 have HSBC as their liquidity provider, and they have a deep layer of encryption to protect clients personal and financial information.

Trading Platforms

A wide variety of trading platforms is offered by Trade 24. These include:

Additional Technology

  • Algorithmic trading with Robox Trader – Innovative trading software that communicates between your user profile and the platform in order to trade automatically on your behalf.
  • Social trading – The ability to copy more experienced traders actions and the opportunity to capitalize from their wisdom.
  • Signal Trader – Live trading alerts on the fly to update you on market entry positions and trading opportunities.

Main Features

Trade24 offers a wide range of benefits and advantages to its clients which includes the following list:

  • One-one-one training and support from a financial expert which gives you some insight into how the markets are currently performing. They will also guide you to create a trading plan. Plus, they will help design and develop a bespoke trading strategy which will match your financial and trading objectives
  • Hundreds of assets to trade across many markets, these include the major and more exotic currencies, CFD’s on equities including some well known firms like Google and Facebook, indices which include the NASDAQ and FTSE and also major commodities like Silver and Gold.
  • Forex Academy which is well populated with videos, articles, courses and even webinars for training up their clients.
  • A wide selection of trading platforms including the ever popular MT4 , the webtrader platform which requires no download and also the mobile trader for those who want to trade from mobile..
  • 24 hour customer support services which means there is always someone to help you with any queries or problems you may have. You can call, email or live chat with the support staff at your convenience.
  • High security protection which includes encryption technology through SSL (Secure Socket Layer).

Account Types

Trade24 offers traders a choice of 4 different types of trading accounts. Each of these trading accounts has their own individual features designed to meet different trading needs. The types of trading accounts consist of:

  • Classic Trading Account

Minimum Deposit Requirement of $500

30% trading bonus, free training course, leverage of 1:200

  • Silver Trading Account

Minimum Deposit Requirement of $2,000

30% bonus plus 1 week of free trading signals

  • Gold Trading Account

Minimum Deposit Requirement of $5,000

40% bonus or 75% cashback on losses plus 1 month of free trading signals

  • Platinum Trading Account

Minimum Deposit Requirement of $20,000

50% welcome bonus or 100% insurance on losses, free trading signals and one-on-one analyst/manager

30% trading bonus, free training course, leverage of 1:200

  • Mega Trading Account

Minimum Deposit Requirement of $50,000

50% welcome bonus or 100% insurance on losses, free VIP trading signals and one-on-one analyst/manager

  • ECN Trading Account

Minimum Deposit Requirement of $50,000

24/7 support, free VPS, relationship manager

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Customer Support

Customer support services are available 24 hours a day through email, live chat and the telephone. For the benefit of non English speaking traders, Trade24’s website is also available in Portuguese, Arabic, Russian, Spanish, Italian and French. Multi-lingual live telephone support is also available and can be accessed through following localized telephone numbers below:

  • BAHRAIN            (973 16199108)
  • BELGIUM            (32 25881949)
  • BRAZIL                 (55 1139587989)
  • CANADA              (+14388002991)
  • CYPRUS               (357 22024157)
  • FINLAND              (+358942451185)
  • FRANCE                (33 184 880920)
  • HONG KONG       (+85258086029)
  • ITALY                     (39 06 94803460)
  • RUSSIA                 (+74993468067)
  • SPAIN                    (+34911234811)
  • SWEDEN               (+46844682433)
  • SWITZERLAND   (41 43 5080855)

Pros   

  • Massive selection of trading technology
  • Wide choice of account types
  • Superb trading academy  

Cons

  • Non regulated broker
  • Accounts only accept US dollars as a based currency

Conclusion

This broker certainly seems to have thought of everything. They offer an selection of promotions, technology for every type of trader and an unrivalled trading academy.

Trade24Overview

Company Information

Broker DetailsInfo
HeadquartersSpain
Foundation Year2007
Publicly TradedNo
Number Of Employees200

Deposit Options

Cash-U, Credit Card, QIWI, Skrill, Webmoney, Wire Transfer

Withdrawal Options

Credit Card, QIWI, Skrill, Wire Transfer

Contact Information

Trading Account Options

Account TypeInfo
Min. Deposit$500
Max. Leverage1:200
Mini AccountNo
Demo AccountYes
Premium AccountYes
Segregated AccountNo
Islamic AccountYes
Managed AccountYes

Trade24 Trading Features

Suitable For

Trader LevelYes/No
BeginnersYes
ProfessionalsYes
ScalpingYes
Day TradingYes
Weekly TradingYes
Swing TradingYes
Social TradingYes

Customer Service

TimeYes/No
24 Hours SupportYes
Support During WeekendsNo

Customer Support Languages

English, Russian, Arabic

Trading Services

ServiceInfo
Supported Trading PlatformsMirror Trader, MT4, Sirix
Fixed SpreadsYes
Educational ServiceYes
SignalYes
Email AlertsYes
HedgingYes
Trailing SP/TPYes
Automated TradingYes
API TradingYes

Supported Instruments

Instrument TypeYes/No
CurrenciesYes
CommoditiesYes
CFDsYes
IndicesYes
ETFsNo
StocksYes
BondsNo

Trade24Bonus & Promotions

Bonus infoOfficial Site
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Free Trading Signals
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Trade24Reviews

Rate this broker
  • 3.0
    Withdrawals
    I am currently using Trade12 and have had lots of support from them, which I did not receive from other brokers. However I have read a number of negative reviews on the internet and a lot of sites give negative reviews. Is this true? Are they a good broker and can you withdraw your money easily? Withdrawal is my biggest concern at present. Please somebody let me know.
    Clive
  • 1.0
    no serious company
    trade24 is more or less the same platform like others from a technical point of view. I have a big issue with withdrawal of funds. I try to close my account sine almost 4 months and they refuse to accept this and do not withdraw my funds for no reason. My so called "Accountmanager" was not accepting that I want to stop my activities, became very rude on the phone and then just hung up. No verbal, nor written communication since then anymore - my money is lost. I do not recommend trade24 at all, they appreciate monetary investments, try to force get more and more, but refuse withdrawal without any reason - and I am not the only one which faces this issue. There are enough other serious brokers in the market, trade 24 is the worst.
  • 5.0
    "Very good broker"
    I'm on the market for 8 years, and Trade24 is a good broker to deal with. I recommend !
  • 5.0
    Trade24 Review by Scott
    The whole concept and execution of Trade24 makes it one of the best brokers around. I worked with other brokers before but Trade24 is just a whole level. Customer Service is friendly, professional and really helpful. In case you are looking for a great broker, I would strongly suggest to try out Trade24. You will not be disappointed.
  • 1.0
    never again
    Due to high travel frequency I am not able to trade anymore and wanted to close my account and requested withdrawal of balance funs. I was cancelled without explanation and any reason,since that I try to get any message from my account manager, but nobody responds since 4 weeks. Serious business is different. The platform is more or less the same like other traders, compaered to other the personal approach and training is less than others.

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SymbolLast PriceChange
EURUSD
EUR/USD
1.2224
-0.0042
-0.34%
GBPUSD
GBP/USD
1.3767
-0.0026
-0.19%
XAUUSD
Gold
1334.3
-6.9600
-0.52%
CL
Crude Oil
64.355
-0.3550
-0.55%
SPX
S&P 500
2800.7
+7.0000
+0.25%
DAX
DAX 30
13259.0
+43.500
+0.33%
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