TradersHome Account Types

TradersHome offers competitive trading conditions through six types of live accounts, namely Student, Starter, Premium, Advanced, Pro, and VIP accounts. TradersHome does not offer a demo account.

TradersHome at a glance

Overall Rating

4.7/5

Rated #264 of 
Recommended FX Brokers

Minimum Deposit

USD 100

Regulators

Not Regulated

📱 Trading Desk

MetaTrader 5

₿ Crypto

Yes

📈 Total Pairs

8

Islamic Account

No

 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

Open a Trading Account

TradersHome Account Types Revealed –  11 Key Points Quick Overview

1. ✅TradersHome at a glance
2. ✅TradersHome Overview
3. ✅TradersHome Account Types
4. TradersHome Account Features
5. How to open a TradersHome Trading Account – Step by Step
6. TradersHome Demo Account
7. TradersHome Islamic Account
8. TradersHome Pros and Cons
9. TradersHome Customer Reviews
10. Conclusion
11. Frequently Asked Questions

TradersHome Overview

According to research in South Africa, TradersHome is an offshore broker that is based in St Vincent and the Grenadines. TradersHome has been in operation since 2018. Since the broker is being operative from Kingstown, St. Vincent, and the Grenadines, the broker is not suitably authorized or regulated by a reputable company. This makes it a risk to trade with.

TradersHome provides traders with access to the MetaTrader5 platform where they can trade in more than 250 financial assets such as forex, stocks, derivatives, commodities, indices, and spot metals. Although TradersHome is a fairly young company in the industry, it has already made a name for itself and managed to gain a large loyal user base.

TradersHome renders its services globally and makes use of the latest trading technologies. They offer six different live account types, as well as many trading tools and elements, which give investors a wide range of options to choose from. Customers from the United States and some other countries are not accepted as clients at TradersHome.

TradersHome Account Types

TradersHome offers six types of live accounts, namely Student, Starter, Premium, Advanced, Pro, and VIP accounts. It does not offer a demo account. Traders will find that through these live accounts, TradersHome offers competitive trading conditions along with comprehensive solutions and services.

TradersHome Account Features

Student Account

This account type is specifically tailored with the student in mind. It offers:

Starter Account

This account is for traders who see themselves as a little more than a mere beginners. It offers the following:

Premium Account

This account type is for the more advanced traders and offers the following:

Advanced Account

This account type is more suited for experienced traders that work with larger amounts of cash includes the following:

Pro Account

This account type is tailor-made for experienced and professional traders and includes the following:

VIP Account

The VIP account is suitable for experienced traders and the website of TradersHome does not give much information on this account type. The only information is that the minimum deposit requirement of $ 100 000 with a note to “Ask your account manager”.

How to open a TradersHome Trading Account – Step by Step

Follow these steps to open a TradersHome Trading account:

Step 1 – Go to the TradersHome official website

Click on the “Register” button at the top of the landing page to start the process in registering a TradersHome account.

Step 2 –TradersHome Account Application

Begin the TradersHome account application process by filling in your Name, Surname, Country of residence, email, and Telephone number.

fill in the referral if you wish.

Step 3 –Select & Agree to the TraderHome Terms and Conditions

Click “submit registration” to register an account and receive the TradersHome log-in details through the email account provided.

TradersHome Demo Account

TradersHome does not offer traders the option of opening a Demo Account. This type of account can be utilized in many ways, such as the following:

▶ It is seen as a practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds.

▶ More advanced traders who are evaluating and comparing brokers and who would like to explore trading conditions in a risk-free environment can also make use of the demo account.

▶ It is also useful to traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital.

TradersHome Islamic Account

TradersHome offers Muslim traders the option of converting three of the live account types into an Islamic Account, namely the Starter Account, Premium Account, and Pro Account. With this account type, Muslim traders are not charged or credited with swaps or overnight fees when trading positions are kept open for longer after the trading day has concluded.

Islamic Swap-free accounts are subjected to TradersHome’s approval. Interested clients can register for a live account and submit a request to convert it into an Islamic account. The purpose of an Islamic Account is that it caters specifically to Muslim traders who follow the Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive.

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. TradersHome offers an Islamic Account to Muslim traders who follow the Sharia law. Traders should first register for one of the three account types, namely Starter Account, Premium Account, and Pro Account on which there is an option to open an Islamic account.

Most of the features indicated on the Islamic account is the same as the normal live account such as minimum deposit, spreads, and more. More information on the opening of an Islamic account and its features traders can be obtained from customer services. Traders who are interested in registering for an Islamic account are advised to contact TradersHome customer support to verify the details of the account as conditions may have changed from the time of writing. These changes are as per the broker’s discretion and/or changes in market conditions.

TradersHome Pros and Cons

TradersHome Customer Reviews

Good Broker

TradersHome is a regulated FX broker.. – Gabby

TradersHome 

TradersHome hosts a good website that is easily accessible and user-friendly, not many rebates are offered- William

TradersHome Affiliate Program

I enjoy the opportunities to earn an income through IB programs offered by forex brokers, perhaps this could be considered in future offerings – Su

You might also like: TradersHome Review

You might also like: TradersHome Fees and Spreads

You might also like: TradersHome Sign Up Bonus

You might also like: TradersHome Demo Account

You might also like: TradersHome Minimum Deposit

You might also like: TradersHome Islamic Account

Overall Rating

4.7/5

Rated #264 of 
Recommended FX Brokers

Minimum Deposit

USD 100

Regulators

Not Regulated

📱 Trading Desk

MetaTrader 5

₿ Crypto

Yes

📈 Total Pairs

8

Islamic Account

No

 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

Open a Trading Account

Conclusion

Overall, TradersHome is a young broker that offers an ECN no dealing desk model. It offers trading in over 250 financial instruments on the Metatrader5 platform. Traders have a choice between six account types including some accounts offered to Muslim traders. It offers a variety of payment methods.

Unfortunately, the broker is an offshore broker registered in St Vincent and the Grenadines and this makes it an unsafe and risky broker to trade with. TradersHome gathered a strong customer base and a large daily trading volume and has strong customer service available 24 hours a day. The TradersHome website is available in several languages.

Frequently Asked Questions

Can traders from South Africa open a TradersHome account?

TradersHome is open to various traders around the world, including South Africa.

Does TradersHome offer leverage?

Yes. Leverage of up to 1: 400 is offered by TradersHome

How many instruments can I trade with TradersHome?

You can trade the following financial instruments:

• Forex
• Stocks
• Derivatives
• Commodities
• Indices
• Spot metals

What currencies can I use when trading with TradersHome?

EUR, USD, ZAR GBP, and many more.

Is TradersHome a good broker to choose if I am new to trading?

Yes. TradersHome offers a trading environment for both beginners and expert traders.