Trade.com Review 2018

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Trade.comReview

Trade.com Review

An online trading platform offering of stocks, FX, indices, bonds, indices, commodities and ETF’s, Trade.com is managed by a Cyprus Investment Firm (CIF) called Leadcapital Markets Ltd. Their operations are regulated by the Cyprus Securities Exchange Commission (CySEC) under the CIF license number 227/14. The company head office is located at Strovolos, 128 – 130 Limassol Avenue, Office 301, 3rd floor, CY 2015, Nicosia, Cyprus.

The trading platform was established with the goal of bringing traders to the highest level of proficiency, by ensuring that they are well educated on trading methods and strategies. In addition, Trade.com also ensures that their traders have access to all the necessary information required for making an informed trading decision, that means constantly updating market analysis.

Trade.com Video Review

Trade.com Regulations

As a broker that operates from Cyprus, Trade.com comes under the jurisdiction of CySEC. While CySEC is not as highly regarded as the UK’s Financial Conduct Authority (FCA), it is should be noted that it meets the high standards as required under the Markets in Financial Instruments Directive (MiFID) passed by the European Parliament. Furthermore, under the rules established under the MiFID, Trade.com is permitted to “passport” its CySEC authorization to other member states within the European Economic Area (EEA). In other words, the regulatory standard by which CySEC abides by is the same standard which the FCA is following.

Trade.com Reliability

As for Trade.com’s reliability, this broker has managed to assure traders of it ability to deliver the services that it offers. By subjecting their operations to a well-regarded regulatory authority such as CySEC, traders have the confidence that their money will be safe with this broker. This is due to the fact that CySEC requires the broker to constantly maintain sufficient liquidity to meet its capital adequacy ratio. In addition, all trading funds deposited with the broker must be kept in segregated accounts in tier 1 banks.

Finally, as a CySEC regulated broker, Trade.com is required to be a member of the Investors Compensation Fund scheme. Under this scheme, each trader can file a claim for compensation up to a maximum amount of €20,000, in the event Trade.com is faced with insolvency issues.

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Trade.com Trading Platforms

Trade.com has made available 2 main types of trading platforms, the MetaTrader 4 platform and the Trade.com’s WebTrader

MetaTrader 4 Platform

The most popular trading platform among brokers and forex traders, the MetaTrader 4 or MT4 platform is an extremely robust trading platform that comes with a wide array of trading tools integrated onto the platform. With the MT4 platform, traders can view over 300 different types of assets. Its main features include the following:

  • Comprehensive Charting Package
  • Desktop and Mobile capable platform
  • Supports automated trading through expert advisors
  • Supports multiple order types
  • Wide range of technical indicators

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Trade.com WebTrader

Developed by experts in the field, the Trade.com’s WebTrader is a flexible trading platform that is easily accessible through any web browser. The platform boasts of a user-friendly interface which allows Trade.com’s traders to access more than 2000 different assets with just a click of the mouse. Trading cubes let traders view a selection of instruments in a simple format hence providing a more streamlined approach to trading.

With real time pricing, advanced charting and a wide range of technical indicators at one’s disposal, Trade.com’s traders will have all the essential information such as the direction of the price movements and market volatility, everything that they need to make an informed trading decision.

Mobile Trading

Apart from the desktop versions of the trading platforms, the MT4 platform and the Web Trader are also fully supported on iOS and Android powered devices. These mobile trading apps can easily be downloaded from Apple’s App Store or Google Playstore.

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Trade.com Trade Types/Instruments

In terms of trading assets, Trade.com offers 6 different asset classes, Bonds, Commodities, Currencies, Equities, ETF and Market Indices.

Bonds

  • Leverage 1:100
  • Commission Free
  • Available in Yen, Euros, Pounds and U.S dollars

Commodities

  • Hard and Soft Commodities including precious metals

Forex

  • Leverage 1:300
  • Over 55 pairs

Equities

  • Leverage 1:10
  • Commission Free
  • Selection of more than 2000 stocks

ETFs

  • Over 30 ETFs
  • Leverage 1:100

Market Indices

  • Leverage 1:200
  • 26 International Indices
  • No Commission

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Trade.com Account Types

3 main types of trading accounts are available at Trade.com:

Classic

  • Minimum Deposit $1000
  • Daily Market Analysis
  • Video Tutorials
  • Webinars & Seminars
  • Account Manager

Gold

  • Minimum Deposit $5000
  • Daily Market Analysis
  • Video Tutorials
  • Webinars & Seminars
  • Account Manager
  • Trading Central
  • Premium Analysis

Platinum

  • Minimum Deposit $25,000
  • Daily Market Analysis
  • Video Tutorials
  • Webinars & Seminars
  • Account Manager
  • Trading Central
  • Premium Analysis
  • Premium Support

For the benefit of traders, Trade.com has also provided their traders with a practice account. Practice account holders also enjoy the benefits of educational videos and daily market analysis.

Trade.com Commissions & Spreads

Trade.com does not charge their traders any form of fees or commissions. Instead, the broker earns its revenue from the small spread that the broker levies on top of the BID and ASK price. Nevertheless, traders at Trade.com still get to enjoy competitive spreads on the trades. The table below shows some of the typical spreads that traders will enjoy at Trade.com.

Instrument

Spreads (in pips)

EUR/USD 2 pips
USD/JPY 3 pips
EUR/GBP 3 pips
USD/CHF 3 pips
Brent Crude 4 pips
Gold 7 pips
Silver 28 pips
UK100 13 pips
USA 500 6 pips
Apple 30 pips
Google 12 pips

Trade.com Deposits & Withdrawals Options

For deposit and withdrawals methods, Trade.com supports a variety of methods. The predominant methods used are credit cards and bank wire transfer. Nevertheless, Trade.com also supports alternative payment methods such as Skrill, WebMoney, QIWI, and Neteller.  For the processing of withdrawal requests, Trade.com normally processes the request on the same day that it is made. Once approved and processed, the withdrawn funds will be send to the bank, credit card or other sources used by the trader. Nevertheless, traders should take note that it may take additional time for the entire withdrawal process to be completed especially when a correspondent bank is involved in the process.

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Trade.com Bonus & Promotions

Trade.com currently does not have any bonuses program for its traders. Instead, they offer a loyalty program which is designed to reward traders on the way they trade as well as the duration of their patronage. The table below shows the percentage of the rebate that each trader will get based on the age of their trading account:

Trading Account age

Percentage of Rebate

0 to 3 months 5%
3 to 6 months 10%
6 to 12 months 15%
12 months to 24 months 20%
24 months to 36 months 25%
Exceeding 36 months Up to 30%

Trade.com Customer Support

Traders at Trade.com can contact the support team through email, live chat or the telephone. For telephone support, localized support numbers are available in many countries.

Trade.com has also made trading education as one of its top priorities. Its educational center is fully equipped with numerous tutorials not only for beginner traders but also for those who already have some experience with online trading. Traders at Trade.com also have access to Trading Central, an international market research provider which will provide traders with an independent analysis of the markets.  With all these tools, Trade.com’s traders will gain a strong advantage over other traders in the industry.

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Trade.com Q&A

  • Is Trade.com regulated?

Yes, Trade.com is a regulated broker under the jurisdiction of the Cyprus Securities Exchange Commission. It operates under the CIF license number 227/14 issued to LeadCapital Markets Ltd.

  • Where is Trade.com based?

Trade.com is based in Cyprus with its office located at Strovolos, 128 – 130 Limassol Avenue, Office 301, 3rd floor, CY 2015, Nicosia.

  • How does Trade.com make money?

Trade.com makes its money by charging its traders a small spread on top of the price that they received from the price feed.

  • How to deposit in Trade.com account?

Deposits into a Trade.com trading account through credit/debit cards, bank wire transfer and eWallets such as Skrill or Neteller.

  • How to withdraw money from Trade.com?

Withdrawals at Trade.com can be done through credit cards, eWallets or bank wire transfer.

  • How to open an account with Trade.com?

To open an account with Trade.com, simply fill up the registration form and submit it with all the necessary documentations required for verification.

  • Is Trade.com reliable?

Yes, Trade.com is a reliable broker. The broker operates according to international standards and is fully regulated and authorized.

  • Does Trade.com use MetaTrader?

Yes, apart from providing traders with the Sirix WebTrader, Trade.com also provided its traders with the MetaTrader 4 trading platform.

  • What is Trade.com’s leverage?

Depending on the type of assets traded, the maximum leverage provided by Trade.com is 1:300.

  • Is Trade.com a scam? How safe is broker name?

No, Trade.com is not as scam broker as it has already been operational for a few years. The broker is a trusted broker as it is strictly regulated by CySEC.

Conclusion

In a relatively short time, Trade.com has managed to make its mark in the online forex trading industry. With its quality services and a wide range of product offerings as well as its regulated status, it has managed to gain the trust from the online trading community. Their goal of providing their traders with a solid first class trader’s education is achieved by the provision of a well-equipped educational center.  With all the advantages with Trade.com is able to provide its traders with, this broker is definitely worth considering.

Trade.comOverview

Company Information

Broker DetailsInfo
Regulated byCySEC
Headquarters CountryCyprus
Foundation Year2009

Deposit Options

Credit Card, Neteller, PayPal, Skrill, Wire Transfer

Withdrawal Options

Credit Card, Neteller, PayPal, Skrill, Wire Transfer

Contact Information

Trading Account Options

Account TypeInfo
Min. Deposit$100
Max. Leverage1:200
Mini AccountYes
Demo AccountYes
Segregated AccountYes
Islamic AccountYes
Managed AccountNo

Trade.com Trading Features

Suitable For

Trader LevelYes/No
BeginnersYes
ScalpingYes

Customer Service

TimeYes/No
24 Hours SupportYes
Support During WeekendsNo

Customer Support Languages

English, Italian, Spanish, German, Russian, French, Portuguese, Greek, Arabic, Polish, Chinese, Bulgarian, Hungarian, Romanian, Slovak

Trading Services

ServiceInfo
Supported Trading PlatformsMT4
Fixed SpreadsYes
SignalYes
Email AlertsYes
Guaranteed Stop LossYes
Guaranteed Limit OrdersYes
HedgingYes
Trailing SP/TPYes
API TradingYes

Supported Instruments

Instrument TypeYes/No
CurrenciesYes
CommoditiesYes
CFDsYes
IndicesYes
ETFsNo
StocksYes

Trade.comPromotions

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Trade.comUser Reviews

Rate this broker
  • 1.0
    My money disappered
    Marco
  • 1.0
    You people are just scammers you steal money from innocent peoples.
    Abdul Aleem
  • 5.0
    Top Notch Customer Support
    Romano Fanucci
  • 5.0
    Comprehensive Educational Materials
    Pavel Král
  • 4.0
    Regulated under CySEC
    Robert Holtzmann
Read More Trade.com User Reviews

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