In this Trade Review, we are going to take a look at the offer that this broker prepared for its traders. Trade is regulated by the CySEC in Cyprus and by the FCA in the UK. Trade operates on the financial market since 2009. When it comes to trading platforms, the broker features WebTrader. The Trade minimum deposit is 100 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this Trade Review
Website address: | trade.com |
Operated by: | Trade Capital Markets (TCM) Ltd |
Licensed and authorised by regulatory bodies: | CySec FCA FSCA |
Supported languages: | English, German, Spanish and Italian |
Customer support available via: | |
Contact details: | [email protected] |
Available deposit methods: | Bank transfer, VISA, MasterCard, ePay (epay.bg), EPS, Giropay, iDEAL, Multibanco, Neteller, Przelewy24, SafeCharge, SafetyPay, Skrill, Sofort |
Available withdrawal methods: | Bank transfer, VISA, MasterCard, ePay (epay.bg), EPS, Giropay, iDEAL, Multibanco, Neteller, Przelewy24, SafeCharge, SafetyPay, Skrill, Sofort |
Minimum deposit: | 100 USD |
Min. trade in lots: | 0.01 |
Spreads: | Minimal spread on the currency pair EUR/USD - 3,5 pips * on standard account type |
Tradable assets: Might be a CFD. | Forex (55) |
Mobile app: | |
MetaTrader 4: | |
Other trading platforms: | WebTrader |
Social trading: |
Trade Fees (minimal spreads)
We have scanned fees (minimal spreads) that Trade charges when trading popular currency pairs, here is their breakdown in pips.
EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
---|---|---|---|---|---|
* | 3,5* | * | * | 3,3* | 4,0* |
*Minimal spreads were recorded on 17.09.2020 at 09:36 for the standard account. Trade spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: Renesource Capital , T1markets, CoreSpreads and RexorInvestments
Frequently Asked Questions
🧐 Is Trade a Scam?
Trade is a broker licensed and regulated by the CySec, FCA and FSCA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that Trade is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the Trade minimum deposit?
In order to start trading with Trade, you have to deposit at least 100 USD.
📵 What deposit and withdrawal methods Trade supports?
⚖️ Would you recommend me choosing Trade?
We don’t have our own personal experience with Trade. However, because the broker is regulated by the CySec, FCA and FSCA, there is a high chance that it is not a scam. With that being said, it still does not mean that Trade is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.