Overall, Trading.com can be seen as a reputable broker as they are licensed and regulated by the Financial Conduct Authority (FCA), A low minimum deposit of $5 is charged to open an account. Trading.com offers traders favorable trading conditions with no commission charges.
Trading.com at a Glance
| 🔍 Broker's Name | Trading.com |
| 📍 Headquartered | United Kingdom |
| 📅 Year Founded | 2019 |
| ⚖️ Regulating Authorities | The Financial Conduct Authority |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 📒 Demo Account | Yes |
| 🏛 Institutional Accounts | No |
| 💼 Managed Accounts | No |
| 📊 Maximum Leverage | 30:1 |
| 💰 Minimum Deposit | $5 |
| 💳 Deposit Options | · Bank Wire Transfer · Credit/Debit Cards · Multiple e-payment methods such as Skrill, Neteller, and more. |
| 💳 Withdrawal Options | · Bank Wire Transfer · Credit/Debit Cards · Multiple e-payment methods such as Skrill, Neteller, and more. |
| 📱 OS Compatibility | MetaTrader 5 |
| 📉 Platform Types | Web browsers, Windows, macOS, Linux, Android, iPhone, tablets, iPads |
| 📈 Tradable assets offered | Forex, stocks, commodities, metals, energies |
| 🚏 Languages supported | English, German, Spanish, French, Italian, Polish, and numerous more. |
| ☎ Customer Service Hours | 24/5 |
| 📌 Open an account | 👉 Click Here |
|---|
Min Deposit
USD 5
Regulators
FCA
Trading Platform
MT5
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trading.com Review – 22 Key Point Overview
- Trading.com at a Glance
- Trading.com Overview
- Trading.com Safety and Security
- Trading.com Leverage
- Trading.com Account Types
- Trading.com Market Instruments
- Trading.com Fees, Spreads, and Commissions
- Trading.com Deposit and Withdrawals
- Trading.com – Trading Platforms
- How to open a Trading.com account
- Trading.com Customer Support
- Trading.com Education
- Trading.com Research
- Trading.com Awards
- Trading.com Pros and Cons
- Trading.com vs TradeMax vs Tradealot – A Comparison Table
- Top Countries by Similar Web
- Trading.com Popularity Trends
- Trading.com Customer Reviews
- Trading.com Conclusion
- Trading.com Disclaimer
- Frequently Asked Questions
Trading.com Overview
According to research in South Africa, Trading.com is a UK-based broker with the right to offer its services in Germany, Spain, Hungary, Italy, France, and several other jurisdictions.
Trading.com offers its services through the facilitation of the trading in Forex and CFDs through a popular and reputable trading platform, namely MetaTrader 5 in its all-encompassing competitive and comprehensive trading conditions.
Trading.com opens the world of trading to all types of traders by offering access to over 1200 tradable financial instruments across several asset classes in numerous markets
Trading.com Safety and Security
When evaluating different brokers, it is imperative for traders to research and thoroughly compare brokers firstly based on regulation before considering several other factors. Trading.com is strictly regulated by one of the most demanding regulatory entities, namely the FCA in the U.K which governs trading activities along with ensuring that client funds are kept in segregated accounts.
This ensures that client funds are kept separate from the broker’s funds and ensures that these funds can be withdrawn at any time by the client, and the funds are only used for trading activities, and not for business operations of any kind.
In addition, Trading.com also has the following measures in place to ensure that business and clients are safeguarded in every conceivable manner:
▶ Strict regulation
▶ Trading.com is a member of the FSCS, a compensation scheme that serves the purpose of compensating eligible clients in the event that Trading.com is unable to fulfill its financial obligations.
▶ Making use of Secure Socket Layer, or SSL, which further ensures safety and security.
▶ Trading.com follows the Markets in Financial Instruments Directive or MiFID.
▶ Trading.com has a strict execution policy pertaining to the executing of trading orders according to the most favorable terms for clients.
Min Deposit
USD 5
Regulators
FCA
Trading Platform
MT5
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trading.com Leverage
Trading.com, under the regulation and authorization of FCA, is permitted to offer traders maximum leverage of 1:30 due to strict regulations in place to combat the risk of financial loss, and the risk thereof, when trading using leverage.
Leverage is an extremely useful tool that can be used to increase the chance of gains and profit by allowing traders to open positions much larger than their initial deposits.
Simultaneously, leverage also exposes traders to substantial losses that may exceed their initial deposit if risk management tools such as stop loss and take profit, trailing stop, and others are not applied, in addition, negative balance protection also offers extra safety.
Trading.com Account Types
Trading.com offers a choice between two different accounts which are flexible and provide some of the best trading conditions that cater to a variety of traders despite their skills, knowledge, and experience. The type of accounts along with their features are as follows:
- Ultra-Low Standard – where 1 standard lot is 100,000 units of the base currency, and
- Ultra-Low Micro – where 1 micro lot is 1,000 units of the base currency.
Both these accounts offered by Trading.com have a minimum deposit of $5 with leverage ranging from between 1:1 up to 1:30 depending on the financial instrument being traded.
The average and typical spreads offered by Trading.com on Forex Majors start from 0.6 pips, which is higher than what other brokers offer in their trading conditions, but which is not above average when compared to most brokers.
Traders can benefit from these spreads depending on the trading strategy that they employ. When taking into consideration some strategies, such as scalping, traders may benefit more from tighter spreads.
Trading.com makes provision for an Islamic account to free Muslim traders of such fees which are seen as a type of interest and are prohibited by the Sharia law as it is seen as exploitive and wasteful.
Trading.com, however, makes adequate provision for a demo account, which can either be used as a practice account or a risk-free way through which traders can explore the broker’s trading conditions, or as a way to test trading strategies.
Trading.com Market Instruments
Trading.com offers over 1,200 tradable financial instruments, including:
📊 Forex
📊 Stocks
📊 Indices
📊 Metals, and
📊 Energies
Min Deposit
USD 5
Regulators
FCA
Trading Platform
MT5
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trading.com Fees, Spreads, and Commissions
Trading.com requires a $5 minimum deposit when traders register for either of the two live accounts offered, which is substantially lower than what other brokers require, with minimum requirements for entry-level accounts often starting from $100.
| 💳 Trading.com Minimum deposit | $5 |
| ZAR | R90 |
| Open an account | 👉 Click Here |
|---|
Tradin.com offers reasonable spreads starting from 0.6 pips, which is tighter than what some brokers offer, but not as tight as what the majority of brokers offer, with spreads that often start from 0.0 pips.
The advantage that Trading.com however has over brokers that offer tighter spreads, is that trading activities do not have any commission charges. There is no mention of any other fees that traders may incur, but traders are always advised to verify any, and all, possible fees which may include:
☑ Account maintenance and management
☑ Inactivity fees
☑ Currency conversion fees, among others.
Trading.com does not charge any deposit or withdrawal fees, but traders will need to verify possible fees that may be waived by their banking institutions.
Trading.com Deposit and Withdrawals
Trading.com supports a variety of popular payment methods which includes:
Bank Wire Transfer
Credit/Debit Cards
Multiple e-payment methods such as Skrill, Neteller, and more.
You can deposit money in any currency and it will be automatically converted into the base currency of your account, by Trading.com’s prevailing inter-bank price.
Trading.com – Trading Platforms
Trading.com supports the use of MetaTrader 5, which is a comprehensive, powerful, user-friendly, and highly customizable trading platform used by millions of traders and offered more frequently by brokers due to its advanced capabilities.
MetaTrader 5 offers an advanced array of features in ensuring that traders have the best trading experience along with an advanced, yet user-friendly trading environment, suited for both beginners and more advanced traders alike.
MetaTrader 5 can be downloaded onto the following devices:
- Desktop PCs that run either Windows, Linux, or Microsoft.
- Mobile devices that run Android or iOS operating systems, or alternatively,
- The trading platforms can be accessed through any web browser.
How to open a Trading.com account
The account opening process through Trading.com is quick and hassle-free, and a completely digitalized process with the prerequisite of having registered on the broker’s website prior to completing the online account application.
Step 1 – Navigate to the Trading.com website
Select the option to open a Trading.com account
Step 2 – Proceed to the account application which consists of a form with required fields that have to be completed.
Provide some basic personal information and select the account type. Lastly, traders will be subjected to a ‘Know Your Client’, or KYC, process.
Step 3 – This process requires the submission of supporting documentation to prove the trader’s identity and residential address before the account will be reviewed and subsequently approved.
As soon as the account is approved, the trader can make the minimum deposit, and trading can commence.
Trading.com Customer Support
Trading.com has a customer support team dedicated to delivering superior customer service 24 hours a day, 5 days a week.
Customer support can be contacted either by telephone or via email. Alternatively, traders can make use of the live/instant chat function present on the website should they need immediate assistance, given the timeframe in which support is available.
Trading.com Education
Trading.com plans on providing a Trading guide and glossary as future educational offerings for traders. A Risk- free demo account is also on offer for traders who wish to practice trading.
Trading.com Research
Trading.com only offers a few research tools which consist of the following:
- Economic calendar
- Forex calculators, and
- The provision of a VPS service to traders who maintain an account balance of $5,000.
Trading.com Awards
There is no mention of any awards that Trading.com has obtained.
Trading.com Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated | Not the tightest of spreads |
| Fair, reasonable, and competitive trading conditions | Cryptocurrency trading is not offered |
| More than an adequate amount of tradable instruments | No MetaTrader 4 |
| Negative balance protection | No social trading integration |
| MetaTrader 5 Platfrom offered | No US clients |
Trading.com vs TradeMax vs Tradealot - A Comparison Table
| 🥇 Trading.com | 🥇 TradeMax | 🥇 Tradealot | |
| 💳 Minimum Deposit | $5 | $100 | $2000 |
| ⤴ Maximum Leverage | 1:30 | 1:500 | 1:30 |
| 💻 MetaTrader 4 Platform | ☑ Yes (MT5) | ☑ Yes | ☑ Yes |
| ⭐ Open an account | Click Here | Click Here | Click Here |
|---|
Top Countries by Similar Web
| 📌 % of Traders | |
| 🌍 United States | 82.51% |
| 🌍 Austria | 5.13% |
| 🌍 Germany | 2.20% |
| 🌍 Brazil | 1.31% |
| 🌍 Colombia | 1.12% |
| 🌍 Others | 7.74% |
Trading.com Popularity Trends
According to Google Trends, here is an overview of how frequently the search term – “Trading.com” is entered into Google’s search engine over a given period of time.
Trading.com Customer Reviews
Reliable broker
Trading.com can be seen as a reliable broker as they regulated through FCA and hold various offerings for different countries – D
Competitive rates
Very competitive rates compared to brokers regulated in the UK, a minimum deposit of $5 with no commission charges, and a free demo account… so far so good – Amanda
Trading.com is a FCA UK regulated broker only available to traders in the United Kingdom, what a bummer! – Chris
Trading.com Conclusion
Trading.com offers favorable and competitive trading conditions that are suitable for both beginner and more experienced traders despite their trading needs or objectives.
Despite not offering education or adequate research tools, MetaTrader 5 features quite a significant amount of research tools that can be accessed when opening a Trading.com account and utilizing the trading platform.
Trading.com has a transparent fee schedule that is not exuberant but provides traders with a cost-effective way through which to trade, providing them with ample opportunity to make great profits, although there are always risks involved in leveraged trading.
Trading.com Disclaimer
Trading.com duly warns traders that CFDs are complex instruments that carry substantial amounts of risks which can lead to the rapid and substantial loss of funds due to Forex and CFDs being leveraged financial instruments.
Trading.com furthermore also warns that around 77.16% of investors who use its services to facilitate trading activities lose their funds.
Traders need to adequately evaluate their trading objectives in addition to their exposure to risk and their willingness to be exposed to such risk. Traders also need to evaluate their risk management protocols before making trading decisions that may lead to losses.
Min Deposit
USD 5
Regulators
FCA
Trading Platform
MT5
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Frequently Asked Questions
Is Trading.com a fake or a scam broker?
No. Trading.com is not a fake or scam broker as it adheres to strict regulation by the FCA in the UK.
What is the overall rating out of 10 for Trading.com?
Trading.com’s overall rating is 8/10.
How many instruments can I trade with Trading.com?
You can trade over 1,200 financial instruments, including:
- Forex
- Stocks
- Commodities
- Indices
- Metals, and
- Energies
Which platforms are supported by Trading.com?
Trading.com offers to trade on the advanced MetaTrader 5 platform.
Does Trading.com have crypto trading?
No, you cannot trade or fund your account with cryptocurrencies with this broker.
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