Trade.com – A Licensed and Regulated Forex Broker
Trade.com is one of the brand names owned and operated by Lead Capital Markets Ltd, who are a leading financial online investment company. This Forex brokerage house is licensed and regulated by CySEC (the Cyprus Securities and Exchange Commission). It is also compliant with MiFID (the Markets in Financial Instruments Directive 2004/39/EC), and registered with all relevant regulatory bodies in EU member states. This includes the FCA in the UK. Their services are available to almost anyone, except for residents of the United States.
WebTrader and MT4 are the trading platform options with Trade.com
With Trade.com, users have two options when it comes to the trading platform:
- MetaTrader 4 (MT4) – It’s always good when a broker offers MT4 as one of its trading platforms, particularly for those traders who have already experienced this popular trading platform. The platform is well-known for its robustness and reliability, and there is a huge amount of technical support given by its developer. MT4 is very user-friendly and has a wealth of integrated trading tools. There is also the option for automated trading, via Expert Advisers.
- WebTrader – Wherever you are in the world, it’s good to know that mobile trading is possible using WebTrader. This platform is compatible with a desktop computer, laptop, and any mobile device. WebTrader has built in HTML security technology, so users can be assured of the best possible security.
Trade.com offers a trio of accounts, along with a demo option
There are three different accounts at Trade.com: Classic, Standard, and Premium. For a Classic Account, users will have to deposit a minimum of $100, $2,500 for a Standard Account, and at least $10,000 to be a Premium Account holder. All three accounts offer the following benefits:
Trade.com can confirm some of the most competitive spreads on the market – 2 pips for all main currencies. This difference between bidding and asking prices is easily viewed on each trade cube on the Trade.com WebTrader platform alongside percentage change on the market, and percentage of bought and sold real-time open positions.
In addition there are SMS news and signals, along with premium daily analysis for Standard and Premium Account holders, and Premium customer support for Premium customers.
Additionally there is a Demo Account option with $10,000 that will allow traders to practice trading strategies, without risking any real money.
All the best features with Trade.com
Trade.com doesn’t just cater for Forex traders, as a wide range of instruments are available, including commodities, such as gold and silver, major indices, including NASDAQ and FTSE, international stocks, bonds, and CFDs. For CFD trading there is no commission, and the margin requirements are pretty low.
Trade.com offers rollovers on overnight trades, and open positions can earn or be charged interest.
For those traders with an enquiring mind there are a wealth of trading tools and informative material. Which will help both new and seasoned traders make better, and more informed decisions. One tool worth mentioning is their signals. Powered by Trading Central, a leading signal provider, it tracks rapid fluctuations in the market, and uses easy to follow symbols in their alerts.
The educational offerings from Trade.com are brilliant. There are tutorials to help those interested in CFD and Forex trading – 15 free video lessons that provide some excellent guidance for those who want to maximize their earning potential. There is more than adequate support for all levels of experience.
The Daily Market Outlook video and ongoing daily market news plus the economic calendar keeps all traders up to date on economic events that effect the liquidity of the markets, whilst the account management team are not only multi-lingual but each is employed due to their expertise in the industry.
Payment options with Trade.com
There are a number of ways a trading account can be funded, including the major credit and debit cards, fast bank transfer, Skrill, NETELLER, and SafeCharge. The minimum deposit is $250, which will open a Classic Account, and there are no fees for making a deposit. All the same methods can be used to make withdrawals, but if it’s a Trade.com Forex bonus, there is a minimum trading volume requirement that will need to be met. This will be clearly stated in the sites terms and conditions.
Multi-lingual customer support with Trade.com
Should you have a problem with the trading experience, customer support is available from 22.00 on a Sunday, to 22.00 on a Friday. There are local contact telephone numbers for a number of different countries, including China, Bulgaria, Russia, Argentina, Austria, and France. There is also an email option, and the opportunity to take part in a live chat, during trading hours.
We found the FAQs section really helpful, and didn’t have to worry about getting in touch, as we were able to find the answers to any questions without any additional help.
All in all Trade.com is a great all-round broker. And gives traders all the tools needed to start a hopefully successful Forex trading career. It is easy to find your way around the website, and trading appears to be quick and efficient. If you’re considering signing up with Trade.com, we’d advise you all to get a feel for the site first hand, by making using of the free demo account.
Start trading with Trade.com and claim your $25 free to test the broker!
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