Fast Facts
| Founded: | Account Currencies |
| 2013 | EUR, USD |
| Trading Instruments: | Trading Platforms: |
| Forex, Indices, Cryptos, Commodities, Shares, ETFs | MT4, MT5 |
| Funding Methods: | Regulation |
| Credit/Debit Cards, E-wallets, Neteller, Skrill, digital transfers, Bank Transfers, Wire transfers | CySEC, FSCA |
| Max Leverage: | Min Deposit: |
| 1:30 | $100 |
Contact Info and Support
Company Address: Suite 403, 4th floor, The Catalyst Building, Ebene, Reduit, Mauritius.
Pros and Cons
| Pros | Cons |
| Safety & Regulation | High Spreads |
| Asset Variety | Inactivity Fees |
| Platform Options | Limited Free Education |
| Low Entry Barrier | Premium Tools Cost |
| Tools |
Deposits / Withdrawals
- Deposit Methods: Credit/Debit Cards, E-wallets, Neteller, Skrill, digital transfers, Bank Transfers, Wire transfers
- Withdrawal Methods: Credit/Debit Cards, E-wallets, Neteller, Skrill, digital transfers, Bank Transfers, Wire transfers
About Trade.com
Trade.com offers traders its proprietary web-based trading platform alongside MT4/MT5, a well-balanced asset selection, and services by Trading Central and TradingView. Trade.com also features asset management services and IPO trading. I conducted an in-depth review of this broker to evaluate if it delivers industry-beating prices as advertised. Is Trade.com the right broker for you?
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.00% of retail investor accounts lose money when trading spread bets and CFDs with this provider. Please consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
I like the well-balanced asset selection covering seven sectors, asset management, and copy trading features at Trade.com. It has a growing client base, presently exceeding 100,000, which improves the quality of its copy trading service amid an expanding strategy base. DMA trading is available via Interactive Brokers, granting access to 100,000+ assets on 120 markets.
Only the CySEC-regulated subsidiary provides access to all features, making it the best choice for investors. CFD traders get the most competitive conditions at the FSC-regulated Mauritius unit.
Regulation and Security
Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. Trade.com presents clients with four regulated entities and maintains an overall secure trading environment.
Trade.com Trading Instruments
Trade.com offers CFD traders 2,100+ assets covering seven sectors, ensuring clients can achieve proper cross-asset diversification. Cryptocurrencies are not available to all, dependent on their geographic location. Trade.com, in partnership with Interactive Brokers, also grants 100,000 DMA instruments listed on 120 global markets, adding appeal to their asset management service. Trade.com provides investors and traders with an industry-leading choice of trading instruments.
The maximum Trade.com leverage depends on the regulatory jurisdiction and asset. CFD traders get a maximum of 1:290 at the Mauritius-regulated subsidiary, and negative balance protection exists. Due to regulatory restrictions, the Trade.com CySEC-regulated unit limits retail leverage to a restrictive 1:30.
Trade.com Trading Account Types
Most traders will manage their portfolios in one of the four CFD account types. Unfortunately, entitlement depends upon deposit size, so in practice most retail traders must accept high trading costs. At the time this review was written, the advertised spread of 0.8 pips in the EUR/USD, already high, was solely available for an account size of $50,000 or more, which is unacceptable. The Mini and the Plus accounts list the minimum spread as 1.4 pips and 1.0 pips for a deposit of $100 and $5,000, respectively. Interactive Brokers powers DMA accounts, UK-based traders get tax-free spread betting accounts, and an elective professional client program is available.
Trade.com Demo Account
Trade.com does not mention the availability of demo accounts in its website, but I came across one for its DMA services powered by Interactive Brokers. The account registration process grants a $10,000 demo account for the WebTrader. MT4/MT5, both available at Trade.com, support unlimited demo accounts.
I recommend a demo account balance similar to their planned live deposit. I also want to caution beginner traders against using a demo account as a real money trading simulator. It creates unrealistic trading expectations, and the absence of trading psychology negates that value.
Trade.com Trading Platforms
Trade.com features its proprietary trading platform, MT4, and MT5. The focus is on WebTrader, equipped with fund management and intelligent analytics tools. It is best suited for investors and passive strategies. Automated trading is unavailable there, where MT4/MT5 excel. MT4 receives the Trading Central plugin, and both come with integrated copy-trading services, while paid upgrades can result in a cutting-edge trading solution. The WebTrader grants access to a more suitable trading environment for manual traders who don’t require the MT4 infrastructure for advanced trading solutions.