Traders Domain Review 2024
Minimum
deposit:
  • $100

Trading platform:

  • MT4
  • MT5

Traders Domain Review 2024

Updated:
Updated: March 05, 2024

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

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Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of Traders Domain Trading Company

Traders Domain is an ECN (Electronic Communication Network) broker that offers trading Forex, in metals, and cryptocurrencies. Traders Domain is governed by the substantive and procedural law of Saint Vincent and the Grenadines. Resolution of financial disputes with the broker is carried out by federal courts of this jurisdiction. Traders Domain is registered under the number 24284.

👍 Advantages of trading with Traders Domain:

  • Availability of copy trading;
  • Immediate deposit;
  • Quick withdrawal of funds to crypto wallets;
  • Fast execution of orders;
  • Possibility for passive investment;
  • 24/7 technical support;
  • 60 currency pairs.

👎 Disadvantages of Traders Domain:

  • Limited choice of deposit and withdrawal methods;
  • The broker does not provide its services to clients from the U.S., Canada, Sudan, Syria, North Korea, Iran, Israel, New Zealand, Japan, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, the United Kingdom, Australia, Vanuatu, and the countries of the European Economic Area;
  • Verification according to the AML (Anti-Money Laundering) requirements is mandatory.

Trade with this broker, if:

  • You're interested in copy trading, where you can replicate the trades of successful traders. This broker offers this feature, allowing you to potentially benefit from the expertise of others and diversify your trading strategies.
  • You prefer to withdraw your funds quickly and securely to crypto wallets, as this broker provides this option, ensuring convenient access to your funds whenever you need them.

Do not trade with this broker, if:

  • You are residing in specific jurisdictions as the broker does not provide its services to clients from the U. S., Canada, Sudan, Syria, North Korea, Iran, Israel, New Zealand, Japan, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, the United Kingdom, Australia, Vanuatu, and the countries of the European Economic Area. If you reside in any of the listed countries or regions, you will not be able to access the services of this broker.

Geographic Distribution of Traders Domain Traders

Popularity in

45.7%
US
United States
34.4%
CA
Canada
6.4%
GB
United Kingdom
6.1%
BG
Bulgaria
8.4%
Others
Others

User Satisfaction i

4 comments
Total score:
3.5 /10

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rwazeem
9 weeks ago

I won’t say anything bad about traders domain. I have a Standard account there with a small deposit. Trading is going without any questions, withdrawing money raises any problems either. Although my requests are small. Maybe there are problems with larger amounts, I don’t know. Execution on news works well. So far everything is fine.

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bethtk11
48 weeks ago

Order execution at Traders Domain leaves much to be desired. How is this possible? There are requotes during transactions. The message "a new price has appeared" constantly appears, even after pressing the "OK" button. This means that it is almost impossible to open an order at the desired price, especially during active market movement. Until Traders Domain corrects this situation, trading on their platform becomes impossible.

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Dargothvone
49 weeks ago

Traders Domain is a scam! Throw with money. Who does not understand 100 percent! They say that they give a chance to earn money, they promise a lot of things, but in fact it's just a trap!!!

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Rendelltum
50 weeks ago

I have been working with Traders Domain for a little over 3 months. Came on the recommendation of a friend. The first month everything was fine, but lately I feel that I am being deceived. The terminal worked well before. Now it crashes a lot. The other day the staff spoke to me not very friendly...

Investment Programs, Available Markets and Products of the Broker

The broker allows you to earn not only by active trading, but also by passive investments. Traders Domain is trying to reach a wider audience. For this it provides the opportunity to work with PAMM accounts and to partner with the broker as an Introducing Broker. IBs make a profit for every client they successfully refer. The broker allows you to use various strategies for trading assets. Also, the company allows copy trading.

PAMM accounts offer the ability to make passive profit on a regular basis

The PAMM account program is specially designed for experienced traders. Clients with Forex trading experience can become investment account managers, plus passive investors also get the opportunity to earn money. By investing in PAMM accounts, clients save time, as there is no need to constantly monitor market trends or conduct market analysis. All this is done by account managers, and clients who have invested money receive passive profit.

How PAMM accounts work for investors and managers:

  • The broker does not impose restrictions on the number of investors who can join a specific PAMM account;

  • A passive investor has the right to choose the type of distribution of income from a PAMM account;

  • The brokerage company provides an opportunity for managers to receive trading accounts without internal fees;

  • Profitability can be tracked in the user account on Traders Domain website.

The account manager position is available exclusively for traders with experience in trading cryptocurrencies or Forex. Certain requirements are imposed on each manager, as the broker does a rigorous investigation of potential managers.

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.

Partnership program from Traders Domain:

  • For the broker's clients there is an opportunity to participate in the IB program. Under its terms, partners have access to discounts on brokerage fees and are offered all the necessary promotional materials. Clients referred by IBs get the opportunity to trade on the Forex market and to access trading cryptocurrencies. Partners’ bonuses can be viewed in the user account.

Trading Conditions for Traders Domain Users

The broker provides the opportunity to trade more than 300 assets. Traders work through classic MT4 and MT5 platforms. Clients can register an account for both retail and professional trading. The maximum leverage is 1:500. There are also demo accounts for testing trading strategies and Islamic accounts without swaps.

$100

Minimum
deposit

1:500

Leverage

24/7

Support

💻 Trading platform: MT4 (WebTrader, desktop, and mobile versions)MT5 (WebTrader, desktop, and mobile versions)
📊 Accounts: Demo, Standard, ECN, Mini BTC, Islamic, and PAMM
💰 Account currency: USD and EUR
💵 Replenishment / Withdrawal: Bank cards and cryptocurrencies
🚀 Minimum deposit: $100
⚖️ Leverage: Up to 1:500
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01
💱 Spread: from 1 pips for Standard;from 0 pips for ECN and Mini BTC
🔧 Instruments: Currency pairs, cryptocurrencies, and metals
💹 Margin Call / Stop Out: 40%/10% for ECN50%/20% for Standard and Islamic70%/50% for MINI BTC
🏛 Liquidity provider: Banks
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Market execution
⭐ Trading features: No requotes
🎁 Contests and bonuses: No

Traders Domain Commissions & Fees

Information
Experts of Traders Union studied in detail the working conditions of this brokerage company. They found that the broker charges fees for deposits and withdrawals. Spreads vary by the market and the type of asset. For Standard accounts, the spread fee starts at 1 pips; for ECN and Mini BTC accounts, spreads are from 0 pips in favorable market conditions. In addition to spreads, a fee of $7 per lot is charged for ECN and Mini BTC accounts. Islamic accounts have trading costs of $9 per lot.
Account type Spread (minimum value) Withdrawal commission
Standard From $10 Yes
ECN From $0 Yes
Mini BTC From $0 Yes
Islamic From $0 Yes

Swaps are applied for all accounts except Islamic. They are charged for transfering a trading position overnight and are automatically converted into the basic currency of the account. Analysts of Traders Union have compiled a comparative table, which shows the average fees of Traders Domain, RoboForex, and PocketOption.

Broker Average commission Level
Traders Domain $4 Medium
RoboForex $1 Low
Pocket Option $8.5 High
Logo Traders Domain
$4
$1
$8.5

Detailed review of Traders Domain

Traders Domain offers various options for its clients. Traders can independently choose a convenient working option. It can be active trading or passive investment. Market execution of orders provides the fastest processing of market transactions. The broker allows scalping and hedging.

Traders Domain by the numbers:

  • Over 370 assets;

  • Spreads for ECN and Mini BTC are from 0 pips;

  • More than 5 cryptocurrencies to replenish the account.

Useful services offered by Traders Domain:

  • PAMM accounts leaderboard;

  • Exchange of fiat money for cryptocurrency;

  • Update of market rates shortly before trading opens;

  • Built-in economic calendar.

Advantages:

1

Tight spreads. For Standard accounts, it is from 1 pips; for ECN and Mini BTC accounts, spreads are from 0 pips during favorable market conditions;

2

Hedging and scalping are allowed;

3

Copy trading is available;

4

There is no limit on the number of trading accounts;

5

You can deposit in cryptocurrencies, stablecoins, and fiat money;

6

Diversification of the trading and investment portfolio;

7

To master trading strategies, there are demo accounts.

Guide on how traders can start earning profits

Traders can register four types of accounts, namely Standard, ECN, Mini BTC, and Islamic. All accounts are available for the MT5 trading platform, except for Mini BTC. Clients working through MT4 can register Mini BTC accounts. The maximum leverage is 1:500. For each of the accounts, the minimum deposit is $100 and the maximum number of lots is $1,000 per ticket. Market Execution of orders is available on Standard, ECN, Islamic, and MINI BTC accounts. Margin call/stop out is 50%/20% on Standard and Islamic accounts.

Account types:

Account Type
Description
Standard
Spreads are from 1 pips. There are no fees per lot;
ECN
Spreads are from 0.01 pips. Along with the spread, there is a fee of $7 per lot. Margin call/stop out is 40%/10%;
Islamic
Spreads are from 0.6 pips. There is an additional fee of $9 per lot;
Mini BTC
Margin call/stop out is 70%/50% and $7 per lot;

Demo accounts can be registered for all of the above accounts.

Traders Domain provides acceptable trading conditions for traders of various qualifications.

Investment Education Online

Information

There are educational materials on this website. But Traders Domain offers the FAQs section that describes the working process in great detail.

Information available in the FAQs section
Information not available on Traders Domain website
Account types 
Definition of CFDs
Detailed review of deposit and withdrawal processes
Overview of currency pairs
Ways to check the MT5 operation delay on your PC
Description of all Forex strategies
Overview of the MT5 platform
Overview of ways to diversify risks
 
Overview of cryptocurrencies
 
Strategy of passive investment

Traders Domain does not provide the opportunity to work with cent accounts, but there are demo accounts to test trading strategies.

Security (Protection for Investors)

Information

The registration number of the broker is 24284. Traders Domain operates in the jurisdiction of Saint Vincent and the Grenadines. For additional protection of funds, you can link 2FA (Two-Factor Authentication) in your user account.

👍 Advantages

  • Possibilities to diversify risks
  • If the broker violates the conditions of the agreement, traders can file a complaint to the regulator
  • No need to use the third-party exchangers to replenish a trading account

👎 Disadvantages

  • No negative balance protection
  • Limited choice of the withdrawal channels

Withdrawal Options and Fees

  • Funds to bank cards are withdrawn within 12 business days. The maximum withdrawal amount is up to $3,000. The minimum amount available for withdrawal to bank cards is $50. When trading cryptocurrencies, the minimum withdrawal amount is $100;

  • Withdrawals of cryptocurrencies are done immediately. The withdrawal fee is 2.5% of the amount;

  • Verification is required. Traders can get verified via their user accounts;

  • Withdrawals may be denied if the withdrawal application does not comply with the AML requirements.

Customer Support Service

Information

Technical support is available 24/7. Operators try to resolve issues as quickly as possible.

👍 Advantages

  • Non-registered traders can get assistance from technical support
  • There are no requirements to have a user account. Also, to get help no documents are required

👎 Disadvantages

  • Operators of technical support do not reply immediately
  • Communication via messengers is not available

You can contact technical support via the following channels:

  • call center;

  • live chat;

  • email.

Any trader can use technical support, regardless of the balance of their trading accounts.

Contacts

Foundation date 2018
Registration address Traders Domain FX Ltd., Boulevard Rivera Nayarit, 1544 INT 5A, Tondoroque C.P. 63732, Nuevo, Nayarit, Nay.
Official site
Contacts

Review of the Personal Cabinet of Traders Domain

To start trading, register a live account on the website of the brokerage company. The process is as follows:

1

On Traders Domain website, click the “Get Started” button.

Review of Traders Domain's User Account — Registration of a trading account
Review of Traders Domain's User Account — Registration of a trading account
Review of Traders Domain's User Account — Registration of a trading account
Review of Traders Domain's User Account — Registration of a trading account
2

Now fill out the registration form and select the type of a trading platform. Next, select the type of account from the drop-down menu.

3

A code will be sent to your email. It must be entered to activate the account.

Review of Traders Domain’s User Account — Registration form
Review of Traders Domain’s User Account — Registration form
Review of Traders Domain’s User Account — Registration form
Review of Traders Domain’s User Account — Registration form
4

Features of Traders Domain’s user account:

1. Review of the dashboard and exchange of cryptocurrencies for fiat money.
Review of Traders Domain’s User Account — Features of the user account
Review of Traders Domain’s User Account — Features of the user account
2. Verification is in the Profile section.
Review of Traders Domain’s User Account — Account verification
Review of Traders Domain’s User Account — Account verification
1. Review of the dashboard and exchange of cryptocurrencies for fiat money.
Review of Traders Domain’s User Account — Features of the user account
Review of Traders Domain’s User Account — Features of the user account
2. Verification is in the Profile section.
Review of Traders Domain’s User Account — Account verification
Review of Traders Domain’s User Account — Account verification

Functions available in the user account:

  • Wallets overview;

  • Registration of trading accounts;

  • Transactions history;

  • Overview of PAMM accounts leaderboard;

  • Registration as an Introducing Broker;

  • Communication with technical support.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

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

Why has Traders Domain been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against Traders Domain by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Traders Domain is down, not updated or operates with clear errors and some features are not available;
• Traders Domain has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if Traders Domain got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why Traders Domain got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from Traders Domain?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if Traders Domain is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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