TradersHome does not charge deposit fees or withdrawal fees. Spreads that traders can expect on the company’s spread list vary according to the account type chosen. TradersHome holds a min lot size of 0.1 across all accounts.
TradersHome at a glance
| Broker's Name | TradersHome |
| 🏛️ Headquarters | Kingston, St Vincent, and the Grenadines |
| 📅 Year Founded | 2018 |
| ⚖️ Regulating Authorities | None |
| 🌐 Countries not accepted for trade | The United States and some other countries |
| ☪️ Islamic account (swap-free) | Yes |
| 📒 Demo Account | No |
| ✴️ Institutional Accounts | Yes |
| 👨🏼💼 Managed Accounts | Yes |
| ⬆️ Maximum Leverage | 1:400 |
| 💰 Minimum Deposit | $250 |
| 💳 Deposit Options | Credit Card Debit Card Skrill Neteller Wire Transfer, WebMoney Western Union |
| 💳 Withdrawal Options | Credit Card Debit Card Skrill Neteller Wire Transfer, WebMoney Western Union |
| 📊 Platform Types | TH Trader |
| 📶 OS Compatibility | Windows, Linux, MacOS, Android, iOS |
| 📈 Tradable assets offered | Forex Stocks Derivatives Commodities Indices Spot metals |
| 💬 Languages supported on Website | English, French, Russian, Arabic and Italian |
| 💬 Customer Support Languages | English, French, Russian, Arabic and Italian |
| ⏲️ Customer Service Hours | 24 hours a day /5 days a week |
| 📌 Open an account | 👉 Click Here 👈 |
Overall Rating
4.7/5
Rated #264 of
Recommended FX Brokers
Minimum Deposit USD 100
Regulators Not Regulated
MetaTrader 5
Yes
📈 Total Pairs
8
Islamic Account No
Trading Fees Low
24 Hours
TradersHome Fees and Spreads Revealed – 9 Key Points Quick Overview
- ✅TradersHome at a glance
- ✅TradersHome Overview
- ✅TradersHome Fees and Spreads
- TradersHome Additional Trading Fees
- TradersHome Broker Fees
- TradersHome Pros and Cons
- TradersHome Customer Reviews
- Conclusion
- 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 Fees and Spreads
There is no indication on the TradersHome website what kind of spreads can be expected. TradersHome’s website is not clear on the fees, spreads, and commissions that traders can expect when trading with the broker. The broker is an offshore broker since its headquarters are in St Vincent and the Grenadines, which is worrisome.
| 📊 Min lot size 0.1 | Across all account types |
| Open an account | 👉 Click Here 👈 |
|---|
Traders’ funds could be at risk. It does seem that the broker gives access to indices with short commissions, fairly tight spreads, and low margins and the website claims that traders can buy or sell several digital coins, such as Bitcoin, Ethereum, or BCH with zero commission fees. According to some reviews, accounts are commission-free, and no transaction fees are charged.
TradersHome Additional Trading Fees
When trading financial instruments such as forex, traders can expect that overnight, or swap fees will be charged when positions are held for longer than a trading day. TradersHome makes provision for the conversion to an Islamic Account on three of its live account types for Muslim traders who follow the Sharia Law and are thus prohibited from earning or paying interest where the holding of open positions is concerned.
It does, however, not indicate what the short or long position swap fees are on the normal live account types. The broker’s withdrawal fees may vary depending on the selected withdrawal payment method and the broker seems to charge a fee for inactive accounts. It is not clear if TradersHome offer spread betting and if spread betting fees do apply.
TradersHome Broker Fees
TradersHome does not charge deposit fees or withdrawal fees, but traders need to verify if any additional charges may be waived by their financial institution. Traders may also be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
| 💳 Deposit Fees | ❌ |
| 💳 Withdrawal Fees | ❌ |
There seem to be no hidden fees other than those already mentioned, charged at TradersHome.
TradersHome Pros and Cons
| ✔️ PROS | ❌ CONS |
| Competitive trading conditions | No clarity on trading conditions |
| Islamic Account/Swap-free provided for Muslim traders | No demo account offered |
| MetaTrader5 offered | Off-shore regulation |
| No deposit fees or withdrawal fees charged | Spreads are not the tightest |
| Offers six live account types to choose from | |
| Trading on 250+ instruments offered |
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 Account Types
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
MetaTrader 5
Yes
📈 Total Pairs
8
Islamic Account No
Trading Fees Low
24 Hours
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
Does spread betting costs apply to TradersHome?
TradersHome does not state whether spread betting is offered.
Does TradersHome charge overnight fees?
TradersHome does not list any chargers involved with the overnight fees on the website.
Will I have to pay any deposit and withdrawal fees with TradersHome?
Our research revealed no deposit and withdrawal fees being charged by TradersHome
Is TradersHome a good low-commission forex broker?
This is not indicated on the broker’s website and more information on commissions may become available after registering for an account.
What is the cost of trading with TraderHome?
The cost of trading with TradersHome is $250 as a minimum requirement for opening a real account.
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