Pros
- No Fees or Commission on CFD Trading
- 2100 Assets, 11 Cryptocurrencies 24/7
- Advanced Tools, Charts, Trends, Alerts
- Traders' Trends Tool
- Low Spreads
Cons
- No ECN Model
- No Search Function on Website
Trade.com Review
Trade.com provides its clients with the best platform for trading on thousands of CFD assets and FX across global markets. It offers the highest standards of efficiency and expertise, and, with the brokers’ three-stage process, traders can join regardless of their experience level.
Leadcapital Markets Limited owns Trade.com, and the Cyprus Securities Exchange (CySEC) licenses and regulates this brokerage house. Trade.com also operates under the European Union regulatory authority MiFID, and main European compliance authorities in Germany (BaFin), France (AMF), and the United Kingdom (FCA) register the site.
Tradeable Assets
Trade.com covers multiple markets, including stocks, commodities, indices, forex, and bonds. The company gives clients information about all aspects of these tradable assets. Clients can learn about assets’ technical components such as margin requirements, investor compensation fund policy, order execution policy, and more. Within each of these asset categories are many different tradable assets. Top stocks, commodities, currency pairs, major averages, and bonds are all available.
Account Types
Trade.com offers its traders three types of accounts: classic, standard, and premium. The classic account requires a minimum deposit of $250. Standard requires a minimum of $2,500, and premium requires $10,000. All accounts offer the same benefits except SMS news (available with standard and premium only), premium daily analysis (standard and premium only), and premium customer support (available with premium only).
Trade.com also provides both a demo and live account. A demo account is available for mobile and PC traders. With this account, you can:
- Use practice funds to try different trading strategies at no cost
- Obtain multilingual customer support, 24 hours a day, five days a week.
The live account option offers:
- News and analysis
- Multilingual support 24/5
- Real-time quotes, limit orders, charts, graphs, and technical indicators of the market
- Low minimum deposits, MetaTrader platform, and PC/mobile trading
Regulation
LeadCapital Markets operates Trade.com. The Cyprus Securities and Exchange Commission (“CySEC”) authorized and regulates Trade.com under license number 227/14. In addition to this, Trade.com is under the Markets in Financial Instruments Directive (MiFID), as well as being registered with licensing bodies throughout the EEA.
Platforms
Trade.com utilizes the very popular series of Metatrader4, downloadable, platform protocols. However, if you’re looking to play an online version that does not require a download, then you can check out the firm’s completely online, Webtrader, platform version. The website lists in details the advantages of each of the platforms. What’s more, for security purposes, TRADE.com employs the latest in 128-bit technology for encrypting all trading activity data and any personal information that is submitted to the company for verification of trader’s identity.
Spreads and Leverage
At Trade.com, the spreads can vary according to the asset type that you have chosen and the pricing model that is assigned to your account. For example, the Bid/Ask spread for the “EUR/USD” currency pairing can be as low as 2.2 pips for the floating mode and for the fixed price it can be 3 pips. The leverage at Trade.com is handled similarly, in an effort primarily to restrict risk exposures. With regards to forex pairs with high liquidity, the leverage can start at 200:1, but it can drop to 25:1 for exotics. You can find complete details for spread and leverage characteristics for each asset offered on the Trade.com website.
Deposits Options
Customers can deposit their funds using all major credit/debit cards, bank wire transfer, Skrill, Webmoney, CashU, Neteller, and Qiwi.
Withdrawal Methods
Customers can withdraw their funds using wire transfer, credit or debit card, or online payment.
Customer Support
Trade.com’s customer service department is available Sunday through Friday. You can also reach customer service by email and its international contact centres, located in 27 different countries.
Languages
The website is available in 24 different languages for users across the globe.
Address
Lead Capital Markets Ltd Treppides Tower
9 Kafkasou Street, Aglantzia, 5th Floor
Nicosia, Cyprus CY 2112
Ease of Use
The interface of the trading platform is easy-to-use and allows for fast execution of actions. The site’s straightforward navigation makes trading-on-the-go simple and direct. Trade.com’s current platform meets all of its client’s needs, and its three-stage process makes signup quick and convenient for all traders.
Why Trade at Trade.com
Trade.com’s design allows all traders, regardless of experience level, to use and benefit from it. Trade.com provides educational materials to assist new clients in learning methods and strategies, helping them make informed trading decisions.
To see how Trade.com ranks against other industry-leading trading platforms see our comparison charts. Read our expert reviews, see our ratings and compare the best online trading platforms, features, fees, and more.
Risk Warning: Users should be aware that all investment markets carry inherent risks, and past performance does not assure future results. Trading of any kind is a high-risk activity, and you could lose more than you initially deposited. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73-89% of retail investor accounts lose money when trading CFDs. Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk. Advertiser Disclosure: TopBrokers.Trade is an independent professional comparison site funded by referral fees. The compensation TopBrokers.Trade receives is derived from the companies and advertisements featured on the site. Due to this compensation, we can provide our users with a free comparison tool. Unfortunately we are unable to list every broker or exchange available, however, we do our best to review as many as possible.