
According to research in South Africa Tradealot is a brokerage situated in the United Kingdom. Tradealot is a trading name of AFX Markets Ltd. Tradealot was founded in 2010 and is authorized and regulated by the Financial Conduct Authority (FCA). Tradealot also holds an overall trust score of 6/10.
Tradealot at a glance
🔍 Broker's Name | Tradealot |
📍 Headquartered | London, United Kingdom |
📅 Year Founded | 2010 |
⚖️ Regulating Authorities | Financial Conduct Authority FCA (UK) Cyprus Securities and Exchange Commission (CySEC) |
🌐 Countries not accepted for trade | Not indicated |
☪️ Islamic account (swap-free) | No |
📒 Demo Account | Yes |
🏛 Institutional Accounts | Yes |
💼 Managed Accounts | Yes |
📊 Maximum Leverage | Forex 1:30; for CFD's it is 1:20, and for metals and energy sources 1:20. |
💰 Minimum Deposit | $2 000 |
💳 Deposit Options | Wire Transfer, Credit Card, Debit Card, Moneybookers, WebMoney, cashU, Neteller, Skrill, Qiwi |
💳 Withdrawal Options | Wire Transfer, Credit Card, Debit Card, Moneybookers, WebMoney, cashU, Neteller, Skrill, Qiwi |
📱 OS Compatibility | Web, Windows, IOS |
📉 Platform Types | Global Index Trader |
📈 Tradable assets offered | Cryptocurrencies, Indexes |
🚏 Languages supported | English, Spanish, French, German, Portuguese, Russian, Chinese, Polish, Hungarian, Dutch, Czech, Slovene |
☎ Customer service hours | 24/5 |
📍 Open an account | 👉 Click Here |
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Min Deposit
USD 2000
Regulators
FCA, CySEC
Trading Platform
Global Index Trader
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
A quick overview of our Tradealot review – 21 Key Points
- ☑Tradealot at a glance
- ☑Who is Tradealot
- ☑Tradealot Safety and Security
- Tradealot Pro and cons
- Tradealot Leverage
- Tradealot Accounts
- Tradealot Market Instruments
- Tradealot Fees, Spreads, and Commission
- Tradealot Deposit and withdrawal
- Tradealot Trading Platforms
- How to open a Tradealot account
- Tradealot Customer Support
- Tradealot Education
- Tradealot Research
- Tradealot Awards
- Tradealot vs TP Global FX vs TMS Brokers – A Comparison Table
- Tradealot Popularity Trends
- Tradealot Customer Reviews
- Tradealot Conclusion
- Tradealot Disclaimer
- Frequently Asked Questions
Who is Tradealot
According to research in South Africa Tradealot is a broker in the United Kingdom. Tradealot is a trading name of AFX Markets Ltd, authorized and regulated by the Financial Conduct Authority (FCA). The broker was founded in 2010.
Tradealot apparently also offers investment services that are regulated by the FCA UK and Cyprus Securities and Exchange Commission (CySEC). Tradealot operates as a Straight Through Processing (STP) broker, meaning it doesn’t profit from the losses that traders experience with them.
Tradealot Safety and Security
One of the best benchmarks to measure the safety of a broker like Tradealot is to establish which regulating authorities are watchdogs over its actions. Trade a lot, through AFX Markets Ltd., is regulated by the Financial Conduct Authority (FCA) in the United Kingdom while an affiliate, AFX Capital Markets Ltd, is regulated by the Cyprus Securities and Exchange Commission (CySEC).
The Netherlands Authority for the Financial Markets (AFM) seems to supervise Tradealot BV. Tradealot is a member of the Financial Services Compensation Scheme (FSCS).
Tradealot Pro and cons
✔️ Pros | ❌ Cons |
Well-Regulated | only cryptocuurency trading |
Leverage offered | A high minimum deposit required |
Global Index Platform offered | |
Auto Trading |
Tradealot Leverage
Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.
Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.
Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.
Tradealot Accounts
Tradealot focuses on alternative investments that have no correlation with results on the stock market, and make a good return regardless of the stock market climate. Tradealot’s focus is on indexes and cryptocurrency.
Tradealot Market Instruments
Tradealot offers smart investing in the following: CFDs, Indices, and Cryptocurrencies.
Tradealot Cryptocurrencies
▶ Bitcoin (BTC) is the digital currency with the largest market capitalization.
▶ Litecoin (LTC) is similar to Bitcoin but differs in terms of scalability
▶ Ripple (RPL) is popular among big banks with the Ripple network a next-generation real-time gross settlement system.
▶ Ethereum (ETH) is the second largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform.
▶ Bitcoin Cash (BCH) was created by the Bitcoin hard fork in 2017 as a new version of the blockchain with different rules.
Tradealot Fees, Spreads, and Commission
Tradealot EdgeFund | Global IndexTrader (signals service) |
5% Monthly Return Target | Very low subscription costs: only € 99.95 per year |
60% Annual Return Target | Above average return target of 10-20% per year |
5% per month gross returns | autotrading € 1,000 in your investment account. |
👉 Click Here | 👉 Click Here |
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Cost depends on different factors, like spread and margins, and Tradealot clients may also experience different fee structures according to their country or place of residence. The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move.
Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.
Min Deposit
USD 2000
Regulators
FCA, CySEC
Trading Platform
Global Index Trader
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Tradealot Deposit and withdrawal
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ.
Minimum Deposit | $2000/ 36 000 ZAR |
Open an account | 👉 Click Here |
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In the case of Tradealot, an account can be opened with $2 000 and funded in either USD, EUR or GBP. Funding methods are not clearly specified but sources indicate that it can be done via Wire Transfer, Credit Card, Debit Card, Moneybookers, WebMoney, cashU, Neteller, Skrill, and Qiwi.
Tradealot Trading Platforms
The cryptocurrency trading platform provided by Tradealot to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms. Tradealot now provides the Global Index Trader for auto trading.
A multi-asset trading platform is one that allows clients to trade various commodities and bitcoins. The decision about which platform to choose will usually depend on what a client would like to trade.
How to open a Tradealot account
Step 1 – Navigate to the Tradealot website
Select the option “Contact Us” to contact the broker.
Step 2 – Tradealot Account Registration
Provide your first and last name, email address, telephone number, the trading platform of inquiry, and message to the broker.
Check the email address provided for communication from Tradealot.
Tradealot Customer Support
Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it. In the case of Tradealot customers can reach the support team by means of phone calls, a chat option on the website, email, fax, or the visiting address below.
Languages supported are English, Spanish, French, German, Portuguese, Russian, Chinese, Polish, Hungarian, Dutch, Czech, and Slovene.
Tradealot Education
Before starting to trade, potential clients of Tradealot should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. Tradealot offers a “school” section with courses on how to work with algorithms and technical indicators and trading strategies and other matters associated with trading are explained.
Tradealot Research
To be able to trade with confidence, traders should do as much as possible research on trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible. With Tradealot they have only access to a few research options contained in the educational section.
Tradealot Awards
Being an awarded company instills extra confidence in traders. Although Tradealot is acclaimed by customers, there is no indication of awards won on its homepage.
Tradealot vs TP Global FX vs TMS Brokers - A Comparison Table
🥇 Tradealot | 🥇 TP Global FX | 🥇 TMS Brokers | |
💳 Minimum Deposit | $2000 | $50 | $15 000 Max Deposit |
⤴ Maximum Leverage | 1:30 | 1:500 | 1:30 |
💻 MetaTrader 4 Platform | No | ☑ Yes | ☑ Yes (MT5) |
⭐ Open an account | 👉 Click Here | 👉 Click Here |
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Tradealot Popularity Trends
According to Google Trends, here is an overview of how frequently the search term – “Tradealot” is entered into Google’s search engine over a given period of time.
Tradealot Customer Reviews
Tradealot Investment Brokerage
Tradealot has advanced to investment cryptocurrency offerings, really like the auto-trading- Amanda
Customer service available, newsletters and address of brokerage provided – Timothy
Trading with Tradealot…
I have been trading with Tradealot for over a month. This is a really reliable broker. I highly recommend them as they are regulated. – Noms
Tradealot Conclusion
Overall, Tradealot is a legit cryptocurrency trading company and is a fully regulated and transparent broker with high operational standards, low trading fees, and superior service delivery, helping investors reach their objectives. It caters to all types of traders with different levels of experience.
Tradealot is a United Kingdom-based broker, and thus FCA-regulated. An investment with them should be safe, given their operation in a proper legal environment. The broker offers fair trading conditions, but the minimum deposit is quite high. In this environment, market prices are sourced by a principal execution venue and liquidity provider and as such delivered directly to traders.
Tradealot is a member of the Financial Services Compensation Scheme (FSCS), which means that customer deposits are fairly safe in case of bankruptcies or other defaults.
Min Deposit
USD 2000
Regulators
FCA, CySEC
Trading Platform
Global Index Trader
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Tradealot Disclaimer
Tradealot warns potential customers that crypto trading always carries a high risk and may not be suitable for all investors. Before deciding to trade with Tradealot, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
Tradealot warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of crypto exchange and commodities are very unpredictable, hence Tradealot cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
Frequently Asked Questions
Is Tradealot fake or a scam broker?
According to our research Tradealot is not a fake or scam broker as it adheres to regulation by the Financial Conduct Authority (FCA) and CySEC.
What is the overall rating out of 10 for Tradealot?
Tradealot holds an overall trust score of 6/10.
How many instruments can I trade with Tradealot?
You can trade several different instruments with Tradealot, which include: CFD’s, Indices & Cryptocurrencies
Which platforms are supported by Tradealot?
Tradealot supports the Global Index Trader platform.
Does Tradealot offer leverage?
Yes, Tradealot offers maximum leverage of up to 1:30.
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