
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 $50 is charged to open an account.
Trading.com offers traders favorable trading conditions with no commission charges.
🛡️ Regulated and trusted by the FCA and CySEC.
🛡️ 1248 new traders chose this broker in the last 90 days.
🛡️ Available for South African Traders
Trading.com Spider chart
- Regulation & Security – 8
- Trading Platforms & Tools – 7
- Customer Support – 6
- Account Types & Features – 6
- Spreads & Fees – 7
- Educational Resources – 6
- Research & Analytics – 6
- Deposit & Withdrawal – 7
Overview
- Trading.com is a globally regulated online trading platform operated by the Trading Point Group, offering a streamlined and secure trading experience across multiple regions.
- Licensed by top-tier authorities, including the CFTC and NFA in the U.S., FCA in the UK, CySEC in the EU, and ASIC in Australia. Trading.com provides access to over 1,400 instruments, including
- forex, stocks, indices, commodities, and cryptocurrencies (where permitted).
- The platform emphasizes simplicity and transparency, offering a single Standard account (known as the T1 account in the U.S.) with commission-free trading and competitive spreads starting from 0.8 to 0.9 pips.
- Leverage is region-specific, adhering to local regulations: up to 50:1 in the U.S., and capped at 30:1 in the UK, EU, and Australia. Trading.com supports the MetaTrader 5 platform, along with its proprietary WebTrader and mobile applications, ensuring a consistent and user-friendly trading experience across devices.
Pros and Cons
Features Offered
- Trading.com offers a wide range of features designed to support both beginner and experienced traders.
- The platform provides access to global financial markets, including forex, commodities, indices, and stocks, through a user-friendly and technologically advanced trading interface.
- It supports MetaTrader 5 (MT5), offering advanced charting tools, real-time market analysis, automated trading options, and customizable trading environments.
- Trading.com emphasizes speed and transparency, with ultra-fast trade execution and competitive spreads.
Customer Reviews
- Customer reviews for Trading.com present a mixed picture, reflecting both positive experiences and notable concerns.
- Many users commend the platform for its user-friendly interface, competitive spreads, and responsive customer support.
- For instance, reviewers on Trustburn have praised Trading.com for its intuitive design and helpful support team, with one user stating, “The platform is user-friendly and the support team is always available to assist”.
- Such feedback suggests that the platform effectively caters to both novice and experienced traders
Customers Ratings
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 execution of trading orders according to the most favorable terms for clients.
Protection of Client Funds
Trading.com at a Glance
Trading.com Account Types
Trading.com offers a T1 Account, which is flexible and provides some of the best trading conditions that cater to a variety of traders, despite their skills, knowledge, and experience.
- 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 exploitative 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.
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 before 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.
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.
- 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 – 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 to ensure 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 macOS.
- Mobile devices that run Android or iOS operating systems, or alternatively,
- The trading platforms can be accessed through any web browser.
Leverage
- Trading.com, under the regulation and authorization of the 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.
Instruments
Trading.com offers over 1,200 tradable financial instruments, including:
- Forex
- Stocks
- Commodities
- Indices
- Metals, and
- Energies
Trading.com Deposit and Withdrawals
Trading.com supports a variety of popular payment methods which including:
- Bank Wire Transfer
- Credit/Debit Cards
- Multiple e-payment methods such as Skrill, Neteller, and more.
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.
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.
Awards
There is no mention of any awards that Trading.com has obtained.
Customer Reviews
🥇 Excellent!
Many users have praised Trading.com for its intuitive interface, fast execution speeds, and reliable customer support, stating that the platform provides a seamless trading experience even for beginners.
🥈 Top Choice.
Customers often regard Trading.com as a preferred option for forex and CFD trading due to its competitive spreads, access to MetaTrader 5, and robust educational resources, making it suitable for both new and experienced traders.
🥉 Incredible.
Several reviews highlight the platform’s transparency, advanced tools, and overall efficiency, with users calling it an “incredible platform” that consistently delivers on performance and reliability.
While there are occasional concerns about withdrawal times, the overall sentiment remains strongly positive.
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.
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.
Disclaimer
- Trading.com duly warns traders that CFDs are complex instruments that carry substantial amounts of risk, 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
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Frequently Asked Questions
Is Trading.com a regulated broker?
Yes, Trading.com is a fully regulated broker, authorized by financial bodies like the FCA and CySEC. This ensures it follows strict regulatory standards that protect traders’ funds and promote fair, transparent, and secure trading conditions.
What trading platform does Trading.com offer?
Trading.com offers the MetaTrader 5 (MT5) platform, known for its advanced charting tools, automated trading capabilities, multiple order types, and real-time market data. It’s suitable for both beginner and experienced traders seeking flexibility and control.
What can I trade on Trading.com?
Users can trade various financial instruments, including forex, stocks, indices, and commodities. The platform supports a diverse trading portfolio, allowing users to explore global markets and take advantage of different investment opportunities with one account.
Is Trading.com suitable for beginners?
Yes, Trading.com is beginner-friendly. It offers an intuitive interface, demo accounts for practice, and a range of educational resources that help new traders understand markets and develop trading strategies before investing real money.
Does Trading.com charge any commissions?
Trading.com generally does not charge commissions on trades. Instead, trading costs are included in the spread. However, traders may incur overnight swap fees or withdrawal fees depending on their chosen funding method and account activity.
How fast are deposits and withdrawals?
Deposits are typically instant, while withdrawals are processed within 24 to 48 hours. Processing time may vary depending on the payment method and whether all required verification documents are completed and approved by the platform.
Is Trading.com a safe platform?
Yes, Trading.com follows strict security protocols. Client funds are kept in segregated accounts, and the platform uses encryption and regulatory oversight to ensure financial safety and personal data protection at all times.
Does Trading.com offer good customer support?
Yes, Trading.com provides multilingual customer support via live chat, phone, and email. Users often report fast, helpful responses, especially for account issues, technical problems, or general trading-related questions during trading hours.
Is a demo account available?
Yes, Trading.com offers a free demo account. This allows users to practice trading with virtual funds, explore platform features, and build confidence without the risk of losing real money in live trading conditions.
What is the minimum deposit requirement?
The minimum deposit required to start trading on Trading.com is low, usually around $10. This makes it accessible for beginners or those who want to test the platform with a small investment.