Trade.com Review (2023)

Country
Cyprus
Founded
2013
Leverage
1:30 | 1:300
Min Deposit
100.00
Platform
MT4, WebTrader
Website
-

Regulator

Trade Capital Markets (TCM) Ltd  - CySEC No.227/14
Livemarkets Limited - FCA No.738538

What is Trade.com?

TRADE.com is a trading name operated by Leadcapital Markets Ltd, which is based in Cyprus and respectively authorized and regulated by the Cyprus Securities and Exchange Commission.

At the time of establishing and until now, the goal of Trade.com is to provide ultimate services to traders that allow joining in cooperation at any level.

This being is established by a comprehensive education to learn methods and strategies, through available information and analysis that are affecting global markets. Along with the platform designed by Trade.com that opens secure access to a wide range of trading products and over 2,100 instruments to select on WebTrader.

Trade.com Pros and Cons

Trade.com is a reputable company operating for many years it is secure, legit and licensed by top-tier authorities including FCA. The account opening is easy, the conditions are good and suitable for regular or professional traders, the commission and costs are low, also range of instruments is wide.

On the negative side proposal vary according to the entity, there is no 24/7 support, and no deep learning materials essential for beginners.

10 Point Summary
🏢 Headquarters Cyprus
🗺️ Regulation FCA, CySEC, FSCA
📉 Instruments Forex, Crypto, CFDs, Commodities, Bonds, Indices and the Futures markets
🖥 Platforms Proprietary Trade.com CFD WebTrader, IBKR Platform and TPs Online Platform
🎮 Demo Account Available
💳 Minimum deposit 100 USD
💰 Base currencies EUR, USD, GBP
💰 EUR/USD Spread 1 pips
📚 Education Not available. Research tools
☎ Customer Support 24/5

Is Trade.com safe or a scam

No, Trade.com is not a scam it is legit broker with high trust and low risk trading environment.

Is Trade.com legit?

The CySEC as the supervisory authority for CIFs in Cyprus is a part of the ESMA (Committee of the European Securities and Markets Authority). To ensure a high level of protection for investors and compliance with applicable regulations, the company license fully harmonized with the requirements of the European Parliament’s Markets in Financial Instruments Directive (MiFID) which all in all consigned to deliver the best trading and financial investment practices.

In addition, Trade.com covers global trading need through its entity in South Africa, which is respectively regulated by the FSCA (Read the FSCA Regulated Infinox Capital Review).

How are you protected?

TRADE com due to its regulations follows very strict guidelines to clients’ funds’ protection, ensuring they are kept in reputable Tier 1 banks and at all times segregated from the company’s own funds. Additionally, TRADE.com offers a Compensation Fund that will protect investments, and a high standard of account management service to explain all issues pertaining to trading and risks.

Leverage

As for the leverage trading, which is a unique opportunity to trade bigger size compared to your initial balance, offers to maximize your gains. However, you should carefully learn how to use this tool, since leverage may work in reverse as well.

It is a fact that international authorized brokers comply with the regulatory requirements they follow, therefore Trade.com obliged to set maximum leverage according to European ESMA regulation.

  • ESMA along with CySEC (Read CySEC Regulated LegacyFX Reviews) lowered significantly maximum leverage to a 1:30 for major currency pairs, 1:20 for minor ones and 1:10 for commodities and 1:2 for Cryptocurrencies.
  • Nevertheless, in case you trade with a South Africa Trade.com entity, you will enjoy higher ratios of a 1:200 or even 1:300 for Forex instruments.

Account types

Trade.com offering available through 5 account types, that are designed by Trade.com to meet the traders’ needs and specific requirements.

All accounts subscribed to daily analysis from the company, having a choice of desktop& mobile trading, video tutorials and 24h customer support service, and access to multiple products and assets including Forex, CFDs, Commodities, Bonds, Indices and Stocks.

How to open account

Fees

Trade.com trading costs defined by the instrument you trade, alike CFDs trading and Futures or IPOs feature different price models, where the first group basically traded via costs built into a spread. While Futures and Stocks trading would charge a commission per trade.

Additional costs like inactivity fee and funding fees should be considered too for full pricing and fees structure.

Fees Trade.com Fees GO Markets Fees XM Fees
Deposit fee No No No
Withdrawal Fee No No No
Inactivity fee Yes Yes Yes
Fee ranking Low Average High

Spreads

Trade.com spreads delivers some of the most competitive and pleasant conditions, while all costs are built into a tight spread when you trade CFDs. A tighter spread means the market price doesn’t have to move as far from your entry price, so your trade has a better opportunity to become profitable. Also, better conditions will be offered as long as your trading size increases, which is good news for advanced traders.

See below standard account Trade.com spreads for your information, also you can check out and compare fees to another popular broker BDSwiss.

Comparison between Trade.com fees and similar brokers
Asset/ Pair Trade.com Spread GO Markets Spread XM Spread
EUR USD Spread 1 pip 1.2 pips 1.6 pips
Crude Oil WTI Spread 2 1.9 pips 5
Gold Spread 40 1.4 pips 35

Our find on Commission fees

As we already mentioned earlier in our Trade.com Review Futures, IPOs and Stock trading are presented not only through separate platforms like IBKR, but also defining different price models and trading conditions. Here, there is no spread but a commission charge per lot, also defined by the instrument you trade. Also, be sure to check all the charges and commissions, as Futures contracts traded per month and having rollovers at specific days.

Trading Instruments

Multiple products offering assets such as Forex, Crypto, CFDs, Commodities, Bonds, Indices and the Futures markets, with the ability to apply one-click executions, stop & limit orders and customized tools.

The cryptotrade available through Bitcoin, Dash, Ethereum, and Litecoin with leverage 1:2 and spread of 50.00 USD on BCHUSD. Trade.com charges their clients only spread that is added on top of the price, however, spreads are still among the markets’ competitive offering.

Methods of Payment

Trade.com account can be funded by several options that are simple and secure methods for instant transfer of funds to or from the account. Of course, methods and conditions may vary according to jurisdiction rules and imposed regulation, so be sure to verify those.

Deposit Options

Those options that would allow you to transfer money to or from the trading account including

  • Credit Card via secure online payment form through major credit and debit cards
  • Fast Bank Transfer with minimized transfer fees and conversion costs.
  • Skrill with only an email address and password enables you easily send and receive money online,
  • NETELLER whether through a prepaid card or the free money transfer service
  • Safecharge an Electronic Money Institution authorized and regulated by the Central Bank of Cyprus
  • In addition, you still can use a WebMoney, Qiwi or JSB for the payments

 What is the minimum deposit requirement for Trade.com?

Trade.com minimum deposit amount requires 100$ for Micro account at the start, minimum requirement depending on a trading account you choose. Here read more on micro forex brokers.

Trade.com minimum deposit vs other brokers

Trade.com Most Other Brokers
Minimum Deposit $100 $500

Withdrawals

Trade.com withdrawals offering good conditions for bank transfer and Card withdrawals, there is a minimum withdrawal amount for all methods (excluding the wire transfer – 100$) which is set to a $20, in case the request is smaller charges will be waived for you. Currently, you will not be charged any Deposit or Withdrawal Fees, as they are all covered by Trade.com.

Trading Platforms

At Trade.com trading platforms provided to offer a variety of the most convenient software while you may access trading by download, web, or tablet and mobile versions. Also, we will cover further in our Trade.com Review details about its platforms, while all in all we found great options fr either CFD traders or those that specialize in Futures trading or investment in Stocks.

Pros Cons
Separate Software for CFD and Futures trading None
Proprietary Trade.com CFD WebTrader
IBKR Platform and TPs Online Platform
Copy Trade and Technical Indicators
No restrictions on strategies
Fast execution
Available in various languages

Web Platform

The innovative platform Trade.com WebTrader available to only Trade.com clients with an interface that is easy to navigate among the industry proposals.

The platform features multi-chart display with independent functions, along with trading tools, intelligent analysis, Trading Central, Events & Trade tool and secure management optimization.

DMA trading

And the last, but very interesting opportunity from Trade.com is to engage into the trading with a DMA or direct access to markets through unique cooperation with a leading DMA provider Interactive Brokers. Therefore, active and professional traders may benefit from fruitful opportunities and vast capabilities.

Also, there is an opportunity to invest in a selection of Stocks available to trade via Thematic Online platform.

Desktop Platform

The platforms available through both desktop and mobile interfaces as well, and brings vast of tools from customization to the specific engagement. Where full capacity of trading capabilities available through desktop version.

Customer Support

Of course, you can count on continued support provided by the multiple internationally presented local lines and languages, e.g. Russia, France, Poland, Argentina, Chile, Germany, Norway, Peru and more. While support is accessible via Live Chat, phone lines or emails.

Education

There is no comprehensive education center like you can find at some other popular brokers’ offering, yet Trade.com supports with great research tools and essentials. These include already powerful platforms with inbuilt features packed with trading tools, intelligent analysis, Trading Central along with Events & Trade tools.

So all in all, we would mark within our Trade.com review that the broker’s offering might be more good for advanced, professional and not very beginners traders. Especially considering its attractive professional choice between platforms and trading capabilities overall.

Conclusion

Overall, Trade.com offering provides an opportunity for online trading for a client or trader of almost any demand as we see in our Trade.com Review. Trade com provides truly attentive support to their clients, through the wide range of local call-centers, yet does not offer comprehensive education, but included advanced research tools and analysis to it offered platforms which definitely highlight their offerings.

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