Overall TRADE.com is a trustworthy and low-risk broker with a high overall rating of 7 out of 10. TRADE.com is authorized and regulated by FCA and offers leverage up to 1: 30.
TRADE.com at a Glance
🔎 Broker's Name | TRADE.com |
📍 Headquartered | Cyprus |
📅 Year Founded | 2009 |
⚖️ Regulating Authorities | FCA, CySEC, FSCA |
🌐 Countries not accepted for trade | Belgium United States of United States, Canada, Japan |
☪️ Islamic account (swap-free) | No |
👍 Demo Account | Yes |
📊 Institutional Accounts | Yes |
📊 Managed Accounts | Yes |
📈 Maximum Leverage | 1: 30 |
💰 Minimum Deposit | $ 100 / R 1,711 |
💳 Deposit Options | Bank Wire Transfer Credit/Debit Cards SOFORT Skrill Neteller EPS Giropay Multibanco Przelewy24 iDEAL SafetyPay ePay.bg |
💳 Withdrawal Options | Bank Wire Transfer Credit/Debit Cards SOFORT Skrill Neteller EPS Giropay Multibanco Przelewy24 iDEAL SafetyPay ePay.bg |
💻 Platform Types | Trade.com WebTrader and MetaTrader4 |
📱 OS Compatibility | Desktop, Web browsers, Windows, Linux, MacOS, iOS, Android |
📈 Tradable assets offered | Forex Bonds Commodities Indices Stocks ETFs CFDs Cryptocurrencies |
👨💼 Languages supported on Website | English, Czech, German, Italian, Polish, Slovak, Spanish |
👥 Customer Support Languages | English, Czech, German, Italian, Polish, Slovak, Spanish |
📆 Customer Service Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 100
Regulators
FCA, CySEC, FSCA
Trading Platform
WebTrader, MT4
Crypto
Yes
Total Pairs
8
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
TRADE.com Review – 22 key points quick overview:
TRADE.com Overview
According to research in South Africa, TRADE.com is a broker operated by Trade Capital Markets (TCM) Ltd and Live markets Limited. The company is founded in 2013 and offers its services to more than 100 000 customers across Europe and the rest of the world.
TRADE.com’s headquarters are located in Nicosia, Cyprus. Its other offices can be found in Slovakia, Slovenia, Spain, Gibraltar, the United Kingdom, the Czech Republic, and Germany.
The company offers its customers more than 2 000 tradable assets across Forex, CFDs, and Indices.
Some of these include European and US Bonds to trade through CFDs (Contracts for Difference) with PreviousBonds, Option strategies, Futures Contracts across more than 30 markets as well as access to approximately 38,000 global corporate bonds.
Additionally, the company also provides investment choices with more than 11 000 mutual funds and leading stocks. Forex, Commodities, and ETF are also included in the numerous options that customers can choose from.
Lead Capital Markets Ltd. is the operator of TRADE.com. It also owns other online brokerage firms such as forexyard.com and finexo.com.
TRADE.com is featured in Bloomberg, MoneyCheck, Investing.com, Benzinga, Yahoo Finance, Finance Magnets, Business Insider as well as Markets Insider.
TRADE.com Safety and Security
Trade Capital Markets (TCM) Ltd is authorized and regulated in Cyprus by the Cyprus Securities and Exchange Commission (CySEC). The company is also authorized in South Africa by the Financial Sector Conduct Authority.
CySEC has a number of rules and regulations regarding the security of customer funds. CySEC-regulated companies, such as TRADE.com, are all members of the Investor Compensation Fund, which covers customers if the company becomes insolvent.
This is a great comfort for traders.
Live markets Limited is authorized and regulated in the United Kingdom (FCA) by the Financial Conduct Authority.
This means that TRADE.com is a safe and reliable company that is authorized to offer its services. The company acts responsibly and ensures that its customer’s interests are protected.
With Key Investor Documentation (KID), a customer has access to essential information regarding a specific investment product.
This information is required by law to help customers understand the risks, costs, nature, and potential outcomes of trading with a specific product, as well as to compare it with other trading opportunities.
TRADE.com Sign-up Bonus
Trade.com does not offer a sign-up bonus.
No sign-up bonus, deposit bonus, or welcome bonus is offered to traders who register a real account with Trade.com.
Through these bonus offers brokers often attempt to draw the new customer to partake in trading activities. When offering a welcome bonus or anything of this kind, the traders will receive some money back. This will depend on the initial deposit made by the trader.
Even though Trade.com does not offer bonuses, rewards, or any other promotions, traders should not be discouraged by this. The broker still offers attractive trading conditions.
Min Deposit
USD 100
Regulators
FCA, CySEC, FSCA
Trading Platform
WebTrader, MT4
Crypto
Yes
Total Pairs
8
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
TRADE.com Minimum Deposit
Trade.com has a minimum deposit requirement of only $ 100.
This minimum deposit amount is equivalent to ZAR 1,711 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
The minimum deposit required is quite high in comparison with other brokers. Traders can expect the following minimum deposit on the various live account types:
Silver Account – $ 100 /R 1,711
Gold Account – $ 10 000 / R171093
Platinum Account – $ 50 000 / R854000
Exclusive Account – $ 100 000 / R1709221
Trade.com is strictly regulated and overseen by three regulatory entities in various jurisdictions, namely CySEC in Cyprus, FCA in the United Kingdom, and FSCA in South Africa.
These strict regulatory entities require that the broker keep client funds in separate accounts in top-tier banks. These funds can only be used for trading activities and can only be withdrawn by the client.
TRADE.com Step-by-step guide to depositing the minimum amount
Deposits can be made with TRADE.com using the following steps:
Step 1 – Log in
Traders first must register for a trading account and when it has been approved the minimum amount should be deposited into the account. This can be done by logging into the trader’s account and selecting the appropriate section provided for deposits and/or withdrawals.
Step 2 –Make the deposit
Making a deposit is easy since traders only need to indicate their preferred payment method, the amount they wish to deposit, and the deposit currency in which they wish to deposit funds.
Step 3 – Review your transaction
When making deposits, traders must ensure that the name of the account from which where deposits originate is the same as the name that traders registered an account with. Trade.com prohibits third-party payments and will return funds received from unknown accounts.
Min Deposit
USD 100
Regulators
FCA, CySEC, FSCA
Trading Platform
WebTrader, MT4
Crypto
Yes
Total Pairs
8
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trade.com Account Types
Trade.com offers a choice between four live account types, namely Silver Account, Gold Account, Platinum Account, and Exclusive Account.
Traders will find that through these live account types, Trade.com offers competitive trading conditions along with comprehensive solutions and services.
Trade.com Account Features
The following features can be expected when opening one of the live accounts with Trade.com:
Silver Account
Minimum deposit of $ 100.
Variable spreads starting from 3 pips on EUR/USD.
Desktop and mobile trading.
Access to the Morning Review Daily Analysis.
24-hour customer service.
Gold Account
Minimum deposit of $ 10 000.
Variable spreads start from 1.5 pips on EUR/USD.
Desktop and mobile trading.
Access to the Morning Review Daily Analysis.
24-hour customer service.
Trading Central.
Dedicated Account Manager.
Premium Daily Analysis.
Platinum Account
Minimum deposit of $ 50 000.
Variable spreads start from 1.2 pips on EUR/USD.
Desktop and mobile trading.
Access to the Morning Review Daily Analysis.
24-hour customer service.
Trading Central.
Dedicated Account Manager.
Premium Daily Analysis.
Premium customer support.
Exclusive Account
Minimum deposit of $ 100 00.
Variable spreads start from 1 pip on EUR/USD.
Desktop and mobile trading.
Access to the Morning Review Daily Analysis.
24-hour customer service.
Trading Central.
Dedicated Account Manager.
Premium Daily Analysis.
Premium customer support.
Min Deposit
USD 100
Regulators
FCA, CySEC, FSCA
Trading Platform
WebTrader, MT4
Crypto
Yes
Total Pairs
8
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
How to set up a TRADE.com Demo Account – Step by Step
Step 1 – Open Your Account
- Navigate to the TRADE.com website and select the option ‘Register’ from the menu on the left-hand of the page.
Step 2 – Fill out the form
- A pop-up application will load, and traders can provide their First and Last Name, a valid email address, and country of residence before selecting ‘Continue’.
- Traders must provide their mobile number, select, and confirm a user-selected password, accept the terms of trading, and click on ‘Continue’.
Step 3 – Open Demo Account’
- Once logged in, traders can navigate to ‘Open Demo Account’ on the control panel.
- A short form will load, requiring that traders select a platform, account type, account currency, and leverage level. For the demo, the only account type available is the Standard Account while traders can choose between MetaTrader 4 or MetaTrader 5.
- Lastly, traders can select the box to accept the terms and conditions before selecting ‘Open Demo Account.
Traders can apply for a demo account with MetaTrader4 on the desktop, the web-based platform, or from the desktop application.
Trading can be a very intimidating task for beginners without prior knowledge, skill, or experience in trading and through the provision of demo accounts, brokers provide a comprehensive and risk-free environment for beginner traders.
A demo account is often referred to as a practice account due to it provides traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.
Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and developing their own trading strategies.
Demo accounts are not merely intended only for beginners, but it provides more advanced traders with the opportunity to explore what Trade.com has to offer.
Min Deposit
USD 100
Regulators
FCA, CySEC, FSCA
Trading Platform
WebTrader, MT4
Crypto
Yes
Total Pairs
8
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
TRADE.com Islamic Account
The purpose of an Islamic Account is that it caters specifically to Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitative.
Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.
Unfortunately, as with no offering of a demo account, Trade.com does not offer Muslim traders the option of opening an Islamic Swap-free account or the option of converting their live trading account into that an Islamic Account.
Muslim traders that want to trade with Trade.com will still be offered professional, sophisticated investment and trading solutions as well as competitive trading conditions.
Unfortunately, this means that Muslim traders must ensure that they close all open positions by the time the trading day concludes to ensure that swaps are not debited or credited.
TRADE.com Trading Platforms
TRADE.com provides customers with different technologically advanced platforms that are accessible through the web, mobile, and tablet, as well as by download.
WebTrader
WebTrader can only be used by TRADE.com customers. This platform is very user-friendly with its intelligent analysis tools. It offers more than 2 000 trade assets, cryptocurrencies, commodities, global exchanges, and forex pairs.
It is known for its swift execution and its multi-chart windows that allow asset comparison. Its real-time balance and account levels, in-platform price alerts and Live chat is a plus points for any user, and so are its deposits, withdrawals, and one-touch account switching.
MetaTrader 4
MetaTrader 4 is very popular amongst traders and is well-known for its wide selection of instruments, customization tools as well as accessibility by mobile and desktops.
This platform grants customers access to numerous products and assets such as Forex, Commodities, Bonds, Indices CFDs, and Stocks. It offers more than 350 available trading opportunities.
Customers receive support from the professional TRADE.com account managers, 24 hours a, Monday to Friday.
With automated trading and trading position alerts, analysis and strategy systems, customized tools, one-click executions and stop and limit orders, customers are sure to have a positive trading experience.
The company also offers mobile apps for iOS as well as Android, providing quick access to trading opportunities and executions, wherever the customer may be.
TRADE.com Fees and Spreads
Trade.com’s spreads start from 0.02 pips on Crude Oil which is the tightest spread offered.
The type of account that a trader chooses, as well as the financial instrument that they trade in, will determine the spread list that Trade.com offers. Spreads are also variable depending on the market conditions on the day of trading.
If traders want to trade with tight spreads, they will have to open an Exclusive account. The following spreads can be expected with the different live account types:
Silver Account – 3 pips
Gold Account – 1.5 pips
Platinum Account – 1.2 pips
Exclusive Account – 1 pip
There is no indication on the Trade.com website if traders are subjected to commission charges. It is recommended that traders make inquiries through customer services before registering for an account.
TRADE.com Deposit and Withdrawal
Trade.com customers have a wide selection of deposit and withdrawal options.
Options include transferring funds in local currency, regulated FCA financial services online, prepaid card services, and free money transfer services.
Local deposits include:
Bulgarian Central Bank
Spanish Central Bank
Dutch Central Bank
Swedish Central Bank
Austrian Central Bank
Portuguese Central Bank
Germany BaFin
Klarna Bank AB
Credit cards include:
Visa
Visa Electron
Maestro
Mastercard
vReal-time bank transfers:
Sofort
E-Wallets include:
Neteller
PayPal
Skrill
TRADE.com Best Countries by Traders
🌎 Country of Trade | 📌 % of Traders |
🥇Spain | 78.86% |
🥈Italy | 13.79% |
🥉Poland | 1.34% |
🥈United States | 1.17% |
🥉China | 0.87% |
TRADE.com vs Etoro vs XM – Comparison Table
🔎 Broker | 🥇TRADE.com | 🥈 eToro | 🥉 XM |
💰 Minimum Deposit | $ 100 / R 1,711 | $1000 USD | $5 USD |
📝 Sign-Up Bonus | ☑️ Yes | ☑️ Yes | ☑️ Yes |
➕ Max. Leverage | 1: 30 | 1:400 | 1:888 |
💵 Currency Pairs | 8 | 47 | 57 |
🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
TRADE.com Current Popularity Trend
As According to Google Trends, here is an overview of how frequently the search term – “TRADE.com” is entered into Google’s search engine over a given period of time.
TRADE.com Customer Reviews
satisfied service
They helped me to improve my trading skills. Support isn’t the fastest I’ve ever seen, but all in all I’m satisfied with their service.
Customer service people are very
Customer service people are very friendly. I think this is extremely important. They don’t disappear the minute you need something to be done like on other platforms. What else do you need?
I must say I’m impressed
I must say I’m impressed. Trade.com is truly professional. Trading platforms tend to be fishy, but these guys are the real deal. Try it!
TRADE.com Pro and Cons
✔️ Pros | ❌ Cons |
1. Segregation of funds | 1. Not permitted to establish accounts in certain jurisdictions in the United States, Japan, Belgium, and Canada |
2. Supervision by CySEC under MIFID law | |
3. Secures customers’ claims with Investor Compensation Fund | |
4. High leverage | |
5. Good market reputation | |
6. Well-known platforms | |
7. Great customer support | |
8. Transparent – no hidden fees |
Conclusion
Overall, TRADE.com can be summarised as a credible and trustworthy broker and is considered an average risk with competitive trading fees and spreads. This platform grants customers access to numerous products and assets such as Forex, Commodities, Bonds, Indices CFDs, and Stocks. It offers more than 350 available trading opportunities.
Disclaimer
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.40% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money, According to research in South Africa.
You might also like: TRADE.com Account Types
You might also like: TRADE.com Demo Account
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Frequently Asked Questions
Is TRADE.com Broker a fake or a scam?
No, Trade.com is not a scam it is a legit broker with high trust and a low-risk trading environment.
Which trading platforms are supported by TRADE.com Broker?
Offers two platforms, WebTrader and MetaTrader 4. Both platforms have a simple login process and mobile apps.
What type of broker is TRADE.com Broker?
segregating client deposits from corporate funds and offering negative balance protection. Trade Capital Markets (TCM) LTD is the CySEC-regulated subsidiary compliant with the EU Financial Instruments
What are the advantages of trading with TRADE.com Broker?
TRADE.com to benefit from ground-breaking investment products, strong regulatory compliance, and highly-trained customer representatives.
What is the overall rating out of 10 for TRADE.com?
5/10.