Trade.com: Review, Analysis and Complete Guide
Trade.com is an online financial broker dedicated to trading in Forex and CFDs for the marketing of financial instruments. With over 100,000 active and growing investors, Trade.com is a “Market Maker” class intermediary which guarantees your liquidity.
Subject to multi-jurisdictional regulations, your interests are truly protected and it makes you a secure broker. It has global offices with highly trained teams to provide 24-hour multilingual assistance.
Ideal for those just starting out in Forex trading, Trade.com provides training seminars and other resources on its website. Its client segmentation makes it easy for beginner traders but also for more experienced traders.
In the following sections, we will provide you with all the relevant information about trading with CFDs in the Forex market, cryptomonkets such as Bitcoin, funds traded on the stock exchange, platforms, user opinions and everything that will allow you to decide if this broker is the right one to invest online.
Pros and Cons of Trade.com
- Regulated and secure broker.
- Unlimited demo account.
- Wide range of financial assets.
- Excellent opinions.
- Functional trading platforms.
- Poor online chat.
- No US customers allowed.
Trade.com Financial Products
Stocks and financial products
- Bonds: Traders can buy and sell CFDs for trading on the bond market price, as they react to regional events and movements in the country of issue. At Trade.com it is possible to make small investments in high yield bonds with up to 1:5 leverage.
With the leading pound sterling, yen, euro and dollar bonds available, Trade.com clients can diversify and leverage their investments to speculate on bond yields with low spreads, immediate execution and online support.
- Commodities: At Trade.com investors can look for independent short and long term trading strategies where trading in commodities, hard or soft, has the potential to provide attractive rewards.
Investors who have a good understanding of the economics of the underlying commodities can use CFD instruments to capitalize on that knowledge, using these assets as stand-alone opportunities or to complement a diversified low margin portfolio.
- Forex: All the world’s currencies compete with each other and traders look to trade with the volatility of currency fluctuations. Trade.com offers news and analysis, as well as dedicated managers so that investors can make informed decisions in the Forex market.
Forex trading through Trade.com is characterized by low spreads, 30:1 leverage for major currencies and 20:1 for non-major currencies, and zero commissions.
- Indices: At Trade.com indices are traded as CFDs and are measured across the main market segment of stock indices.
On Trade.com it is possible to trade 26 major indices covering the main regions of the world, with accurate information and low spreads. It is possible to trade 24 hours a day, 5 days a week.
- Stocks: At Trade.com there are experts, tools and recent news to help traders make informed decisions about trading CFDs on stocks in global markets.
Ideal for trading at low spreads and without commissions on over 2,000 of the most popular global listed stocks, with up to 1:5 leverage and reduced spreads.
- ETF: An exchange traded fund is a basket of securities that can be bought or sold through brokerage firms in the Forex market. The most popular are financial market ETFs, commodity ETFs (e.g., gold), sector/economic activity ETFs, and more.
Trade.com simplifies the entire process of investing in EFT and offers leveraged trading up to 1:5 easily through an intuitive and easy-to-use online platform.
At Trade.com it is possible to invest in the following crypto currencies: Bitcoin, Bitcoin Cash, Dash, Ethereum and Litecoin. The cryptomarket is open 24 hours a day from Monday to Sunday.
Trade.com offers the purchase of crypto currencies such as Bitcoin with a 1:2 leverage and no commissions. As in the forex market, cryptomonies are traded against other currency pairs, such as Bitcoin against the US dollar or Bitcoin Cash against the euro.
On Trade.com you don’t need to buy crypto-currencies like Bitcoin or Bitcoin Cash, as you can opt for CFDs, trading in relation to the movement of a particular cryptomone currency as it rises and falls in a volatile market.
Due to the high volatility of cryptosystems, Trade.com offers news and bulletins in order to inform about market changes. TRADE.com’s WebTrader platform also offers the Trend Tool for in-depth analysis.
The terms and conditions for trading crypto currencies on Trade.com are as follows:
- By depositing $100 you can start trading with Bitcoins;
- You get up to 1:2 leverage
- Spreads are low and there are no commissions
- You can trade Bitcoins or any other crypto-currency from any of the platforms
DMA: Direct Market Access
Trade.com’s Direct Market Access (DMA), powered by Interactive Brokers (IBKR) WebTrader technology, is an HTML-based trading platform.
The DMA is best suited for clients who want a simple, orderly and intuitive interface, but at the same time has some complex and advanced tools for more experienced Forex traders.
It is ideal for those working behind a firewall. It runs on the Internet, so you can connect from any computer with network access without downloading anything.
It is also possible to customize IBKR’s WebTrader platform, adding or removing trading functions and tools that fit the trader’s trading mode.
How to Open an Account on Trade.com
Trade.com has 5 types of live accounts:
- Micro: A minimum deposit of $100 gives access to desktop and mobile trading platforms, variable spreads from 3 pips for the EUR/USD pair, 24-hour customer service and access to trading events.
- Silver: With a minimum deposit of $1,000, variable spreads from 1.9 pips for the EUR/USD pair, daily “Morning Review” analysis and a personal advisor are added to the above benefits.
- Gold: With a minimum deposit of $10,000, you get the benefits of the two above plus variable spreads from 1.5 pips for the EUR/USD pair, “Premium Daily” analysis and Trading Central
- Platinum: A minimum deposit of $50,000 includes all the benefits of the above plus variable spreads from 1.2 pips for the EUR/USD pair and premium customer service.
- Exclusive: With a minimum deposit of $100,000 you get all the advantages of the above plus variable spreads from 1 pip for the EUR/USD pair.
Requirements and verification
According to user feedback, opening an account on Trade.com is quite simple and in a few steps. First you need to register through a form that asks you for personal data: name and surname, email, country of residence and phone number.
Once you have registered with Trade.com, you can open an account, fill in your email address, choose a password for the platform and the currency for trading and enter the promotional code if applicable. You will then receive a confirmation email.
Once the account is confirmed, you will need to complete some other personal information, make the deposit according to the selected account type using various payment methods and start investing.
In order to withdraw money, it is necessary to verify the trader’s data by sending certain documents proving his identity.
In addition to opening a live account, Trade.com offers the possibility of having a Demo Account, being able to trade both at the same time, with a simple click. It is free and provides a fictitious capital of 10,000 euros for unlimited time.
Basically, it is a trading simulator to test the services of this broker, design new strategies and carry out a period of practice in the financial markets without putting real money at risk.
According to users’ comments, having this tool available is great and guides the trader, especially those who are still taking their first steps in the Forex market or in the world of cryptosystems such as Bitcoin, Bitcoin Cash or Ethereum.
Trade.com is a company operated by Trade Capital Markets (TCM) Ltd (formerly Lead Capital Markets Limited), regulated by the Cyprus Securities and Exchange Commission based in Nicosia, Cyprus.
The Trade.com broker is present in all countries of the European Union and South America except Brazil, as well as in some countries in Africa and Asia.
How to Use Trade.com
According to users’ opinions, Trade.com is easy to use. With user-friendly trading platforms that make the trader’s task easier, this broker offers mobile, desktop and tablet compatible platforms for Windows, Mac, iOS and Android in a secure environment.
It is a fully functional program developed by experts with advanced tools and functions, intuitive controls and permanent access to global markets. It is TRADE.com’s premium platform.
More than 2100 instruments are instantly available to traders with a simple, world-class asset search tool. They can view real-time prices, analyze the asset chart or trade immediately.
It also provides frequent updates on global events and news that most influence the Forex market and trading in general.
You can also easily download and access MetaTrader MT4, one of the most respected, secure and preferred platforms for today’s traders. It offers traders instant access to global market instruments.
Available in desktop and mobile interfaces, MT4 has proven to be one of the most popular and experienced platforms to date. It contains customization tools that allow you to build specific strategies in a secure environment.
It provides access to multiple products and assets, forex, contracts for difference, commodities, bonds, indices, crypto such as Bitcoins and stocks. Also includes automated trading, embedded tick charts and trading position alerts.
Trade.com also has MT4 for Mac: you simply need to download TRADE.com MT4 for Mac and install it as a normal Mac application on your computer.
TRADE.com’s WebTrader is fully compatible with Android and iOS mobile devices. It was developed as a web application but is also accessible through mobile devices.
In addition, Trade.com has developed some apps for mobile devices. The app can be downloaded from Google Play for Android devices or from the App Store for Apple iOS-enabled devices such as the iPhone or iPad.
MetaTrader4 can also be traded from mobile devices. It is possible to trade from any place and at any time.
Research and Visualization Tools
Trade.com offers data and charts of the markets related to the instruments for which the trader is subscribed in the Forex market at that time.
Trade.com also provides advanced trading tools but in a simple way. Through “Market Depth” the trader will be able to know alternative offers and demands to the internal quotations.
Another interesting tool is “Contract Search” which allows you to easily find information and identify instruments in which you want to invest.
These tools allow you to obtain essential information about crypto-currencies such as Bitcoin or Ethereum, analyze charts, operations, stock market files in relation to any company.
It also offers resources such as: Portfolio News, Economic Calendar, Trading Central, Rollover alerts for weekly expiration of CFDs and for the expiration of CFDs.
Deposits, Withdrawals, Rates and Limits of Trade.com
Deposit Methods and Minimum Deposit
Trade.com offers several methods to deposit money including: credit or debit card, bank transfer, Skrill, Qiwi, Webmoney, Neteller, Ideal, Trustly and PayPal. It also offers Safecharge, mainly for users in Cyprus.
The minimum deposit on Trade.com is 100 Euros and, as stated above, each account type has its own minimum deposit, except the demo which is free.
Trade.com’s withdrawal methods are the same as those used for depositing money: credit or debit card, bank transfer, Skrill, Qiwi, Webmoney, Neteller, Ideal, Trustly and PayPal. It also offers Safecharge, mainly for users in Cyprus.
The safest and fastest method in this case is bank transfer. However, before withdrawing money, it will be necessary to verify the account and confirm the trader’s identity, as indicated above.
Both verification and confirmation of identity are carried out as security measures to prevent money laundering. This confirms that Trade.com is a secure broker.
Fees and Commissions
There are no fees for deposits or withdrawals. No deposit/withdrawal fees are charged, as they are all covered by Trade.com.
There are also no real time quote fees, document management fees for trading operations or other fees.
Overnight charges: A night charge or swap rate applies to each position that remains open overnight.
Exchange fees: Exchange fees are applied when the currency of the trader’s account is different from the quoted currency of the underlying asset being traded.
Idle Rate: If there is no trading activity for more than 90 days, Trade.com charges a monthly fee. For accounts that have been inactive for more than 12 months, an annual inactivity fee applies.
Regarding withdrawal limits, generally, the first trades a trader makes are not allowed to withdraw more than the amount initially deposited, which traders should consider when investing.
Trade.com provides traders with tools to control their investment (stop loss) and to invest with peace of mind. This function is used to select the level of losses the trader is willing to take or set the price at which he wants to close.
Otherwise, this broker allows you to adjust take profit limits to control when the trader wants to stop and withdraw your profits. This is very safe.
Is Trade.com Safe?
As we said, Trade.com is a regulated and secure broker. TRADE.COM is a trademark managed by Trade Capital Markets (TCM) Limited and Livemarkets Limited.
Trade Capital Markets (TCM) is licensed by the Cyprus Securities and Exchange Commission, which also regulates it for operations in Cyprus (licence no. 227/14), and operates in South Africa under the Financial Sector Conduct Authority (FSP no. 47857).
Livemarkets Limited is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom (firm reference no. 738538).
Trade.com is a member of the Investor Compensation Fund, established under Law 144 (Ι) / 2007, as an investor compensation fund for CIF customers other than credit institutions.
The aim of the Fund is to secure Client claims through the payment of compensation, if the necessary preconditions are met. This fund is also a secure benefit for the trader.
If, after a breach, Trade.com is unable to meet its obligations, the customer may be entitled to compensation of up to twenty thousand euros (£20,000) per person, per company.
By accessing the trading platform, all Trade.com clients, even those trading on demo accounts, have immediate access to dedicated account managers for advice on trading, Forex, Bitcoins and general investing.
Trade.com also has a comprehensive educational program. All managers know the details of MetaTrader and have the tools to guide traders in the best ways to trade.
Trade.com customer support is available in several languages. It can be accessed by email, telephone by country and general, Whatsapp and also by online chat from the Trade.com website or from the WebTrader platform.
Opinions on this aspect reflect a high level of agreement in general, although some opinions were not favourable with regard to online chat.
Opinions from Trade.com
Below you will find the opinions of some users who are already trading with Trade.com. These opinions will also help you decide if Trade.com is the ideal online intermediary to invest your money.
One of the opinions belongs to Mara S., who said: “Trade.com is excellent for me that I am taking the first steps in the Forex market. In addition, their WebTrader platform offers me secure and flexible trading with various trading instruments.
Another opinion is that of Hugo L., who said: “Although I’m not completely satisfied with the attention I’ve been given on several occasions in the online chat, all the operations I’ve done with Bitcoins and Forex“.
Among other opinions, Carlos F. said: “The WebTrader platform has really helped me to invest and to feel secure when investing. I value the opinions of other users about their trading experience with this broker”.
Finally, another opinion is that of Rita M. and she highlighted: “I am very satisfied with the daily reports provided by Trade.com. The quotes and forecasts on Bitcoin and Ethereum have been very useful.”
Alternatives and Competitors of Trade.com
If after reading all the features and reviews on Trade.com you still need to know the reviews on other service options, you can also choose from other brokers. Currently, there are several companies that offer the online broker service.
Here are some reviews from other brokers so you can rate and compare features and opinions:
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In conclusion, we can say that Trade.com is a safe and reliable broker, with a wide variety of investment options. In addition, the ability to be trading a demo and a live account at the same time offers a competitive advantage, including the informational content and analysis tools it provides.
In addition to being secure, Trade.com works with very easy to use and very dynamic platforms. Their payment methods are varied and there are no problems with deposits or withdrawals in general.
As far as the quality of technical support is concerned, although Trade.com has several channels of communication, the opinions of some users suggest that online chat support is one of the aspects to be improved. It is valuable, however, that it has multilingual support and phones for all countries.
Trade.com technical and characteristic data
|Countries where it is regulated||30|
|Time to open account||1 day|
|Bank card deposit|
|Deposit with electronic wallet|
|Demo account available?|
|Easy to use platform?|
Frequently Asked Questions about Trade.com
Trade.com is a secure online trading broker dedicated to Forex and CFDs for trading financial instruments. With over 100,000 active and growing investors, Trade.com is a “Market Maker” class intermediary which ensures liquidity when investing.
Based on user feedback and our experience, Trade.com is easy to use. With user-friendly platforms that make the trader’s task easier, this broker offers mobile, desktop and tablet compatible platforms for Windows, Mac, iOS and Android in a secure environment.
Trade.com offers Forex and the ability to trade one currency in exchange for another. For example, using leverage, you can sell euros and buy dollars or vice versa. It is also possible to buy and sell bonds issued by governments or banks.
In addition, it is possible to trade soft or hard commodities, 26 major indices, shares of more than 180 world-class companies, and trade in exchange traded funds.
At Trade.com you can make money in a variety of ways, either by taking long or short positions among over 2100 assets, trading CFDs on currencies in the Forex market, investing in stocks, indices, commodities ETFs, crypto currencies such as Bitcoin, Ethereum, among others.
Trade.com is a secure broker because it is regulated and also because it has certain requirements for account validation and customer identity verification. It is also part of the Investor Compensation Fund, established under Act 144 (Ι).
At Trade.com investors’ money is deposited in segregated accounts, so that the trader’s money does not go into the broker’s box, but is deposited separately. This also makes it very safe.
Trade.com is authorised by the Cyprus Securities and Exchange Commission (licence no. 227/14), and operates in South Africa under authorisation number FSP 47857. It is also regulated by the Financial Conduct Authority of the United Kingdom (reference no. 738538).