TRADE.com Review 2024
Minimum
deposit:
  • $10

Trading platform:

  • MT4
  • MT5
  • WebTrader
Regulation:
  • CySEC
  • FCA
  • FSCA
  • FSC
Bonus for deposit:
  • 0%

TRADE.com Review 2024

Updated:
Updated: February 28, 2024

3.41

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $10

Trading platform:

  • MT4
  • MT5
  • WebTrader
Regulation:
  • CySEC
  • FCA
  • FSCA
  • FSC
Bonus for deposit:
  • 0%

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Summary of TRADE.com Trading Company

TRADE.com is a broker with higher-than-average risk and the TU Overall Score of 3.41 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by TRADE.com clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. TRADE.com ranks 274 among 414 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

TRADE.com is a broker with a wide choice of trading instruments and various account types for active traders.

TRADE.com offers trading currency pairs, indices, bonds, commodities, stocks, cryptocurrencies, and ETFs. It is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority of South Africa (FSCA), the Financial Conduct Authority of the UK (FCA), and the Financial Services Commission of the Republic of Mauritius (FSC).

💰 Account currency: USD
🚀 Minimum deposit: $10
⚖️ Leverage: Up to 1:290, subject to the asset
💱 Spread: Subject to account and asset types: EUR/USD, USD/JPY, and GBP/USD — from 0.1 pips; gold — from 0.14 pips
🔧 Instruments: Currency pairs and CFDs on stocks, indices, bonds, commodities, ETFs, energies, and cryptocurrencies
💹 Margin Call / Stop Out: Margin call: 50%

👍 Advantages of trading with TRADE.com:

  • Over 2,100 financial assets are available;
  • Four account types with different conditions for professional and novice traders, as well as a demo account to trade virtual currency;
  • The broker is supervised by four regulators which increases client confidence;
  • No deposit and withdrawal fees;
  • Detailed information on spreads and fees is available.

👎 Disadvantages of TRADE.com:

  • No PAMM or MAM accounts for passive income;
  • No partnership programs with rewards for attracted clients;
  • No cent accounts for trading with minimum amounts.

Evaluation of the most influential parameters of TRADE.com

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

2.94

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

9.03

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

4.32

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

7.68

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

6.31

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

5.02

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

4.79

/10

User Satisfaction i

2 comments
Total score:
6 /10

Share your experience

  • Best
  • Last
  • Oldest
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allura
8 weeks ago

I like TRADE.com. I withdrew my profits without problems. Sometimes trades take a long time to open, but this is how it works with any company, I understand. You can safely trade here.

Avatar
Avatar
dancan
10 weeks ago

I recently discovered TRADE.com. I’m basically happy with everything. The company has some minor errors, but not critical. It takes a little while for them to withdraw money, but the money still comes. I will continue to trade here, let's see what happens next.

Expert Review of TRADE.com

TRADE.com is trustworthy since it is supervised by regulators of four countries: the UK, Special Administrative Regions (SARs), Cyprus, and Mauritius. Also, the broker’s website provides all legal documents, as well as information on fees and spreads. The broker is aimed at long-term prospects and improves its service constantly. Account types with different spreads, fees, and minimum deposits are available. Spreads differ significantly on various account types. For example, spreads on the Mini account for popular currency pairs start at 1.4 pips, while on ECN, they start at 0.1 pips.

The company offers desktop and mobile MT4, MT5, and WebTrader. Also, there are many useful tools, including an economic calendar, and technical and fundamental analyses. Newsfeeds, reviews, analytics, and FAQs on crucial information about working with the website and trading platforms are available.

The broker has many communication channels to contact technical support operators, who are prompt and competent. Also, traders are assigned personal managers, who support and help them.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of TRADE.com’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

TRADE.com focuses on active trading; thus, it doesn’t offer PAMM or MAM accounts. The only passive income option here is social trading platforms. To make passive income, choose successful traders and subscribe to their signals. All open and closed positions are copied onto the trading platform. However, find out whether the broker allows social trading before using this service.


Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

The broker doesn’t offer any partnership programs either. Therefore, only two options to make income are available: independent trading and copy trading via a subscription to signals of experienced market participants.

Trading Conditions for TRADE.com Users

TRADE.com offers over 2,100 financial instruments, MetaTrader 4/5, and WebTrader. Four account types with different minimum deposit requirements are available. Leverage ranges from 1:1 to 1:290 subject to the asset. Novice traders can improve their trading skills on a demo account, while professionals can use it to test the broker’s conditions and exercise Forex strategies.

$10

Minimum
deposit

1:290

Leverage

24/5

Support

💻 Trading platform: MT4, MT5, and WebTrader
📊 Accounts: Demo, Mini, Plus, Pro, and ECN Pro
💰 Account currency: USD
💵 Replenishment / Withdrawal: Visa, Mastercard, bank transfers, Neteller, and Skrill
🚀 Minimum deposit: $10
⚖️ Leverage: Up to 1:290, subject to the asset
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: Subject to account and asset types: EUR/USD, USD/JPY, and GBP/USD — from 0.1 pips; gold — from 0.14 pips
🔧 Instruments: Currency pairs and CFDs on stocks, indices, bonds, commodities, ETFs, energies, and cryptocurrencies
💹 Margin Call / Stop Out: Margin call: 50%
🏛 Liquidity provider: Own providers
📱 Mobile trading: Yes
➕ Affiliate program: No
📋 Orders execution: Limit and market execution
⭐ Trading features: Fee for an inactive account over 90 days is $25
🎁 Contests and bonuses: Yes

Comparison of TRADE.com with other Brokers

TRADE.com RoboForex Pocket Option Exness Forex4you Libertex
Trading
platform
MT4, MT5, WebTrader MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Pocket Option, MT5, MT4 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MobileTrading, MT5 Libertex, MT5, MT4
Min deposit $10 $10 $5 $10 No 100
Leverage From 1:1
to 1:290
From 1:1
to 1:2000
From 1:1
to 1:1000
From 1:1
to 1:2000
From 1:10
to 1:1000
From 1:1
to 1:30
for retail clients
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0.1 points From 0 points From 1.2 point From 1 point From 0.1 points From 0.1 points
Level of margin call
/ stop out
50%  /  No 60%  /  40% 30%  /  50% No  /  60% 100%  /  20% 50%  /  50%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution, Instant Execution Market Execution, Instant Execution
No deposit bonus No No No No No No
Cent accounts No Yes No No Yes No

Broker comparison table of trading instruments

TRADE.com RoboForex Pocket Option Exness Forex4you Libertex
Forex Yes Yes Yes Yes Yes Yes (as CFDs)
Metalls Yes Yes Yes Yes Yes Yes (as CFDs)
Crypto Yes No Yes Yes No Yes (as CFDs)
CFD Yes Yes Yes Yes Yes Yes
Indexes Yes Yes Yes Yes Yes Yes (as CFDs)
Stock Yes Yes Yes Yes Yes Yes (tradable CFDs or Stocks for investment)
ETF Yes Yes No No No Yes (as CFDs)
Options No No No No No Yes (as CFDs)

TRADE.com Commissions & Fees

Information
The broker charges fees on all account types: 0.5% for trading cryptocurrencies and 0.08%-0.16% for stocks. Spreads depend on the account type as well. Minimum spreads are on the ECN Pro account, and the maximum is on the Mini account. There are no deposit or withdrawal fees.
Account type Spread (minimum value) Withdrawal commission
Mini $14 No
Plus $10 No
Pro $8 No
ECN Pro $1 No

There are swap fees for transferring positions overnight.
The comparative table below shows the average fees for TRADE.com and two other Forex brokers. Since spreads differ for each instrument, the popular EUR/USD, USD/JPY, and GBP/USD pairs were used for analysis.

Broker Average commission Level
TRADE.com $8.25 Medium
RoboForex $1 Low
Pocket Option $8.5 High
Logo TRADE.com
$8.25
$1
$8.5

Detailed review of TRADE.com

TRADE.com offers a wide range of financial instruments and advanced trading platforms with customized charts and options. The broker is focused on long-term profitable partnerships with traders, therefore it provides transparent trading conditions, useful tools, and professional analytics. Also, TRADE.com offers personal manager assistance with the opportunity to study techniques and principles of trading on financial markets.

TRADE.com by the numbers:

  • 4 regulatory licenses;

  • 2,100 trading instruments;

  • Minimum deposit is $10.

TRADE.com is a broker for active trading and passive income

The broker offers three standard account types and the ECN type that allows its clients to trade directly with liquidity providers. Such account types always have the lowest spreads and the fastest order execution. Copy trading is available for passive income. Trading assets range from currencies and cryptocurrencies to stocks of major companies, metals, oil, and gas. Upon registration, traders are provided with a multifunctional user account with an integrated WebTrader platform.

TRADE.com allows the use of automated advisors, scripts, and most trading strategies. It provides all the necessary software to trade on computers, and portable and mobile devices running on Windows, macOS, iOS, and Android.

Useful services offered by TRADE.com:

  • Economic calendar. It provides a schedule of important global events that can affect the market situation;

  • TradingView. It is the trading community with access to various useful information and over 100 charts;

  • Trading Central. This tool provides access to newsfeeds, analytics, interactive support, and research connected to financial markets;

  • History of trading operations. This is information on your profits, losses, and open and closed positions.

Advantages:

1

Minimum deposit is $10;

2

Tight spreads on professional account types;

3

Personal client managers;

4

Daily analytics;

5

Welcome bonus for new clients;

6

Real-time quotes for popular instruments.

All TRADE.com clients can make deposits and trade without verification.

Guide on how traders can start earning profits:

TRADE.com offers four account types, MetaTrader 4/5, and WebTrader. Maximum leverage is 1:290. Minimum leverage is 1:1 for ETFs and 1:2 for cryptocurrencies. All account types have separate and distinct minimum deposit requirements.

Account types:

Account Type
Description
Mini
This is an account type for novice traders. Minimum deposit is $10. Spreads are high. Daily premium market analysis is available;
Plus
Minimum deposit is $5,000. Spreads for Forex are much lower;
Pro
It’s an account type for professional traders. Minimum deposit is $50,000. Spreads on Forex are almost twice as low as compared to Mini;
ECN Pro
This is another professional account type. Minimum deposit is $100,000. Spreads are the lowest, but trading fees of $0.04 for currencies and metals are charged.

Traders can open a demo account on any platform available with the broker.

TRADE.com offers various trading conditions suitable for both novice and professional traders.

Bonuses from TRADE.com

Welcome Bonus

New clients receive a $25 welcome bonus upon registration. Traders can withdraw only the money earned using the bonus.

TRADE.com review - Welcome Bonus
TRADE.com review - Welcome Bonus

 

First-time deposit bonus

When making their first deposits, traders can receive bonuses that are subject to the deposited amount. Bonus funds are available only after traders spend their own money. To withdraw profits made using the bonus, a trading volume of $20,000 for each received $1 is required. The trading period is 30 days from the receipt of the bonus. Available bonuses are provided in the table below.

TRADE.com review - First-time deposit bonus
TRADE.com review - First-time deposit bonus

 

Bonus program conditions can change, so TU recommends that you first ask technical support about current bonuses.

Investment Education Online

Information

The TRADE.com website doesn’t contain any educational materials, but there is brief information on the main concepts and guides on working with trading orders. Upon registration, traders get access to technical and fundamental analyses in their user accounts.

Information available with TRADE.com
Information not available on the TRADE.com website
How to add and delete tools from favorites
The psychology of Forex trading
What is a maintenance margin
Risk management
How to place a pending order
Video tutorials and podcasts
How to set stop loss and take profit
Description of popular currency pairs
How to open and close positions
Guides on working on desktop trading platforms
How to search for a trading instrument
Description of trading strategies

The broker doesn’t offer cent accounts, so novice traders are recommended to consolidate theory on a demo account and then switch to a live one.

Security (Protection for Investors)

Information

Trade Capital Markets (TCM) that manages TRADE.com is licensed by CySEC under number 227/14, FSCA under number FSP 47857, FCA under number 73538, and FSC under number C119023948.

👍 Advantages

  • Client funds are held in segregated accounts with tier-1 banks
  • The company is supervised by four regulators
  • In case of any problems, traders can file complaints with regulators

👎 Disadvantages

  • To open an account, detailed information on occupation and income is required
  • To withdraw profits, verification is necessary
  • No two-factor authentication for advanced user account protection

Withdrawal Options and Fees

  • Withdrawals are available upon verification;

  • Four withdrawal methods are available: bank transfers, bank cards, Skrill, and Neteller;

  • The broker doesn’t charge withdrawal fees;

  • If the account currency differs from the currency in a wallet, bank account, or bank card, the broker charges a conversion fee.

Customer Support

Information

TRADE.com’s technical support is available 24/5.

👍 Advantages

  • Non-clients of the broker can contact support
  • Live chat and WhatsApp are available to promptly solve any issues

👎 Disadvantages

  • Support is available only on business days
  • No call-back option

Technical support is available through the following communication channels:

  • telephone;

  • feedback form;

  • email;

  • live chat;

  • WhatsApp.

Email communication is available in many languages.

Contacts

Registration address Lead Capital Services Ltd, 121 Prodromou Avenue, 1st Floor, Hadjikyriakion Bldg. 1, Strovolos, Nicosia, 2064, Cyprus
Regulation
Official site
Contacts

Review of the Personal Cabinet of TRADE.com

To start working with TRADE.com, register with the broker and open a trading account, following the instructions below:

1

Click the “Start Trading Now” or the “Open Account” button on the broker’s website.

Review of TRADE.com’s User Account — Registration
Review of TRADE.com’s User Account — Registration
Review of TRADE.com’s User Account — Registration
Review of TRADE.com’s User Account — Registration
2

Fill in the registration form with your first and last names, country, address, phone number, and email. Further, indicate your tax code or reasons for not having it, and choose your occupation, position, income, and expected deposit. Also, specify your tax residency. Upon registration, confirm your email, by following the link in the message sent by the company.

3

Features of the user account that allow you to:

1. Upload documents for user account verification.
Review of TRADE.com’s User Account — User account verification
Review of TRADE.com’s User Account — User account verification
2. Fund your trading account.
Review of TRADE.com’s User Account — Deposits
Review of TRADE.com’s User Account — Deposits

1. Upload documents for user account verification.
Review of TRADE.com’s User Account — User account verification
Review of TRADE.com’s User Account — User account verification
2. Fund your trading account.
Review of TRADE.com’s User Account — Deposits
Review of TRADE.com’s User Account — Deposits

Additional features of TRADE.com’s user account allow you to:

  • Apply technical and fundamental analyses;

  • View trading on a web platform;

  • Review the settings for time zone and language;

  • Use Trading Central’s newsfeeds, reviews, and market analytics;

  • Review your trading accounts, information on open/closed orders, and profit/loss;

  • Quickly switch between live and demo accounts.

Disclaimer:

Your capital is at risk.  Your capital is at risk.  79.43% of retail investor accounts lose money when trading CFDs with this provider. TRADE.com and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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FAQs

Do reviews by traders influence the TRADE.com rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about TRADE.com you need to go to the broker's profile.

How to leave a review about TRADE.com on the Traders Union website?

To leave a review about TRADE.com, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about TRADE.com on a non-Traders Union client?

Anyone can leave feedback about TRADE.com on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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