TradersHome Review

Overall, TradersHome is considered low-risk and can be summarised as a trustworthy and reliable broker. TradersHome offers a low minimum deposit of $250. TradersHome offers a wide range of customer-supported languages making it a diverse broker.

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 Review Revealed – 20 Key Points Quick Overview

1. ✅TradersHome at a glance
2. ✅Who is TradersHome?
3. ✅TradersHome Safe or a Scam broker
4. TradersHome Minimum Deposit
5. TradersHome Sign-up Bonus
6. TradersHome Account Types
7. TradersHome Account Features
8. How to open a TradersHome Trading Account – Step by Step
9. TradersHome Demo Account
10. TradersHome Islamic Account
11. TradersHome Fees and Spreads
12. TradersHome Deposit fees and deposit methods
13. TradersHome Trading Platforms
14. TradersHome vs Tradersway vs Traders Trust – A Comparison
15. TradersHome Current Popularity Trends
16. TradersHome Pros and Cons
17. TradersHome Customer Reviews
18. Conclusion
19. Disclaimer
20. Frequently Asked Questions

Who is TradersHome?

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 Safe or a Scam broker

When traders evaluate brokers, regulation is one of the most crucial components that must be considered. Regulated brokers are required to comply with stringent rules and regulations set by regulatory entities and through this, client fund security can be ensured.

TradersHome is an offshore broker and unregulated, but it does guarantee some safety precautions such as the safety of clients’ funds and it seems like funds are kept in segregated accounts that cannot be used by the broker.

TradersHome Minimum Deposit

TradersHome has a minimum deposit requirement of $ 250. This minimum deposit amount is equivalent to ZAR 4 250,00 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

TradersHome is an offshore global broker that has its head office in St. Vincent and the Grenadines. This makes TradersHome a risk to trade with as it is not suitably authorized or regulated by a reputable company. One of the requirements of the regulatory authorities, among various other requirements, is that client funds must be kept in segregated accounts from the broker account and could only be used by traders to conduct trading activities.

TradersHome Sign-up Bonus

TradersHome does not offer a sign-up bonus. No sign-up bonus, a deposit bonus, or a welcome bonus is offered to traders who register a real account with TradersHome. Even though TradersHome does not offer bonuses, rewards, or any other promotions, traders should not be discouraged by this. The broker still offers attractive trading conditions.

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.

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 Fees and Spreads

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.

TradersHome Deposit fees and deposit methods

When compared with other brokers, the minimum deposit that TradersHome requires when registering a live account is fairly high. With TradersHome traders can use the following payment methods:

💳 Credit Card

💳 Debit Card

💳 Bitcoin

💳 Skrill

💳 Wire Transfer

💳 WebMoney

💳 Neteller

💳 Western Union

Deposit currencies that are accepted include EUR, USD, ZAR  and GBP. Traders are advised to ensure that they verify whether their financial institution waives its own fees as there may be additional fees payable.

TradersHome Trading Platforms

The trading platform is the software that traders use to execute their trades. Each broker reserves the right to offer their preferred trading platform. Where some brokers offer a variety of third-party platforms, others prefer offering their own proprietary platforms, if they have one.

TradersHome offers a platform called TH Traderon android and IOS platforms.

TradersHome vs Tradersway vs Traders Trust - A Comparison

TradersHome Current Popularity Trends

According to Google Trends, here is an overview of how frequently the search term – “TradersHome” is entered into Google’s search engine over a given period of time.

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 Minimum Deposit

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 Account Types

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.

Disclaimer

TradersHome warns potential traders that Forex and CFDs trading always carries a prominent level of risk, therefore may not be suitable for all investors. Before clients decide to trade the products offered by TradersHome, they are advised to contemplate their investment objectives, financial situation, needs and level of experience carefully before investing money that they cannot afford to lose.

While TradersHome promises to make all efforts to fill a trade at the requested price, trading online does not necessarily reduce risks associated with currency trading, therefore quotes and trades are usually subject to the terms and conditions of a Client Agreement, which is accessible through the broker’s website.

Potential traders should first acquaint themselves with all these associated risks and seek advice from an independent financial advisor, according to research in South Africa.

Frequently Asked Questions

Is TradersHome a fake or scam broker?

TradersHome is offshore regulated and therefore its legitimacy could be in question.

What is the overall rating out of 10 for TradersHome?

TradersHome holds an overall rating of  5/10.

Which platforms are supported by TradersHome?

TradersHome supports the TH traders platform

Does TradersHome manipulate the market?

TradersHome is an offshore regulated broker, therefore traders should be cautious.

For which type of trader is TradersHome best suited?

TradersHome offers a fair-trading environment for all types of traders.