Trade.com Review

Trade.com

Trade.com

www.trade.com

  • Leverage: 1:30 | 1:300

  • Regulation: CySEC, FSCA

  • Min. Deposit: 100 US$

  • HQ: Cyprus

  • Platforms: Trade.com WebTrader , MT4

  • Found in: 2013

Trade.com Licenses

  • Trade Capital Markets (TCM) Ltd  - authorized by CySEC (Cyprus) registration no. 227/14
  • Leadcapital Markets Ltd - authorized by FSCA (South Africa) registration FSP No. 47857
  • Livemarkets Limited - authorized by FCA (UK) registration no. 738538

Top 3 Forex Brokers

  1. What is Trade.com?
  2. Is Trade.com safe or a scam?
  3. Leverage
  4. Accounts
  5. Fees
  6. Market Instruments
  7. Deposits and Withdrawals
  8. Trading Platform
  9. Customer Support
  10. Education
  11. Conclusion

What is Trade.com?

TRADE.com is a trading name operated by Leadcapital Markets Ltd, which is based in Cyprus and respectively authorized and regulated by the Cyprus Securities and Exchange Commission.

At the time of establishing and until now, the goal of Trade.com is to provide ultimate services to traders that allow joining in cooperation at any level.

This being is established by a comprehensive education to learn methods and strategies, through available information and analysis that are affecting global markets. Along with the platform designed by Trade.com that opens secure access to a wide range of trading products and over 2,100 instruments to select on WebTrader.

ProsCons
Years of operationConditions vary according to regulation and entity
Globally recognized and multiple regulated broker
Standard and professional trading conditionsNo Learning materials
Good costs and commissionsNo 24/7 support
Opportunity to trade Futures via IBKR platform
Excellent support and research tools

Trade.com website

10 Point Summary
🏢 HeadquartersCyprus
🗺️ RegulationFCA, CySEC, FSCA
📉 InstrumentsForex, Crypto, CFDs, Commodities, Bonds, Indices and the Futures markets
🖥 PlatformsProprietary Trade.com CFD WebTrader, IBKR Platform and TPs Online Platform
🎮 Demo AccountAvailable
💳 Minimum deposit100 USD
💰 Base currenciesEUR, USD, GBP
💰 EUR/USD Spread1 pips
📚 EducationNot available. Research tools
☎ Customer Support24/5

Is Trade.com safe or a scam?

Lead Capital Markets Ltd was incorporated in 2013 as a private limited company in Cyprus.

Therefore, Trade.com review a license from Cyprus Securities and Exchange Commission (“CySEC”) to act as a Cyprus Investment Firm(CIF) and provide various investment and trading services, making it a safe broker to trade with.

ProsCons
Regulated broker with good record and history of operationNone
FCA license and overseeing
Negative balance protection
Global expand via CySEc and FSCA license in South Africa

Is Trade.com legit?

The CySEC as the supervisory authority for CIFs in Cyprus is a part of the ESMA (Committee of the European Securities and Markets Authority). To ensure a high level of protection for investors and compliance with applicable regulations, the company license fully harmonized with the requirements of the European Parliament’s Markets in Financial Instruments Directive (MiFID) which all in all consigned to deliver the best trading and financial investment practices.

In addition, Trade.com covers global trading need through its entity in South Africa, which is respectively regulated by the FSCA.

How are you protected?

TRADE com due to its regulations follows very strict guidelines to clients’ funds’ protection, ensuring they are kept in reputable Tier 1 banks and at all times segregated from the company’s own funds. Additionally, TRADE.com offers a Compensation Fund that will protect investments, and a high standard of account management service to explain all issues pertaining to trading and risks.

Trade.com license

Leverage

As for the leverage trading, which is a unique opportunity to trade bigger size compared to your initial balance, offers to maximize your gains. However, you should carefully learn how to use this tool, since leverage may work in reverse as well.

It is a fact that international authorized brokers comply with the regulatory requirements they follow, therefore Trade.com obliged to set maximum leverage according to European ESMA regulation.

  • ESMA along with CySEC lowered significantly maximum leverage to a 1:30 for major currency pairs, 1:20 for minor ones and 1:10 for commodities and 1:2 for Cryptocurrencies.
  • Nevertheless, in case you trade with a South Africa Trade.com entity, you will enjoy higher ratios of a 1:200 or even 1:300 for Forex instruments.

Accounts

The account types through which you will be able to get specified conditions defined by the instrument you wish to trade, as well as my vary according to the Trade.com entity.

ProsCons
Fast account openingConditions vary according to regulation
Professional Account
Separate account based on technology and size
Range of Account base currencies

Account types

The access to multiple products and assets including Forex, CFDs, Commodities, Bonds, Indices and Stocks available through 4 account types, that are designed by Trade.com to meet the traders’ needs and specific requirements.

All accounts subscribed to daily analysis from the company, having a choice of desktop& mobile trading, video tutorials and 24h customer support service.

Trade.com accounts

How to open account

Trade.com account opening

Fees

First of all, to be clear about trading costs of course they would be defined by the instrument you trade. Besides, CFDs trading and Futures or IPOs feature different price models, where the first group basically traded via costs built into a spread. While Futures and Stocks trading would charge a commission per trade.

ProsCons
Variable Spread CFDsNone
Or commission account for Futures, Stock and IPOs trading
Low CFD fees and good commission range
No hidden costs

Our find on CFD fees

As for the trading costs themselves, Trade.com truly delivers some of the most competitive and pleasant conditions, while all costs are built into a tight spread when you trade CFDs. A tighter spread means the market price doesn’t have to move as far from your entry price, so your trade has a better opportunity to become profitable. Also, better conditions will be offered as long as your trading size increases, which is good news for advanced traders.

See below standard account Trade.com spreads for your information, also you can check out and compare fees to another popular broker ForexCT.

Comparison between Trade.com fees and similar brokers
Asset/ PairTrade.com FeesGO Markets FeesXM Fees
EUR USD1 pip1.2 pips1.6 pips
Crude Oil WTI21.9 pips5
Gold401.4 pips35
Inactivity feeYesYesYes
Deposit feeNoNoNo

Our find on Commission fees

As we already mentioned earlier in our Trade.com Review Futures, IPOs and Stock trading are presented not only through separate platforms like IBKR, but also defining different price models and trading conditions. Here, there is no spread but a commission charge per lot, also defined by the instrument you trade. Also, be sure to check all the charges and commissions, as Futures contracts traded per month and having rollovers at specific days.

Trade.com spread

Trading Instruments

Multiple products offering assets such as Forex, Crypto, CFDs, Commodities, Bonds, Indices and the Futures markets, with the ability to apply one-click executions, stop & limit orders and customized tools.

The cryptotrade available through Bitcoin, Dash, Ethereum, and Litecoin with leverage 1:2 and spread of 50.00 USD on BCHUSD. Trade.com charges their clients only spread that is added on top of the price, however, spreads are still among the markets’ competitive offering.

Trade.com instruments

Methods of Payment

Trade.com account can be funded by several options that are simple and secure methods for instant transfer of funds to or from the account. Of course, methods and conditions may vary according to jurisdiction rules and imposed regulation, so be sure to verify those.

ProsCons
Fast digital depositsWithdrawal fee for Bank Wire
Multiple payment methods
No internal deposit fees or withdrawal fees
Multiple Account Base Currencies EUR, USD, GBP

Deposit Options

Those options that would allow you to transfer money to or from the trading account including

  • Credit Card via secure online payment form through major credit and debit cards
  • Fast Bank Transfer with minimized transfer fees and conversion costs.
  • Skrill with only an email address and password enables you easily send and receive money online,
  • NETELLER whether through a prepaid card or the free money transfer service
  • Safecharge an Electronic Money Institution authorized and regulated by the Central Bank of Cyprus
  • In addition, you still can use a WebMoney, Qiwi or JSB for the payments

What is the minimum deposit requirement for Trade.com?

As for the minimum deposit amount, which is depending on a trading account you choose, yet the first grade Micro account requires only 100$ as a start.

Withdrawals

For the withdrawals, there is a minimum withdrawal amount for all methods (excluding the wire transfer – 100$) which is set to a $20, in case the request is smaller charges will be waived for you. Currently, you will not be charged any Deposit or Withdrawal Fees, as they are all covered by Trade.com.

Trade.com payment methods

Trading Platforms

At Trade.com trading platforms provided to offer a variety of the most convenient software while you may access trading by download, web, or tablet and mobile versions. Also, we will cover further in our Trade.com Review details about its platforms, while all in all we found great options fr either CFD traders or those that specialize in Futures trading or investment in Stocks.

ProsCons
Separate Software for CFD and Futures tradingNone
Proprietary Trade.com CFD WebTrader
IBKR Platform and TPs Online Platform
Copy Trade and Technical Indicators
No restrictions on strategies
Fast execution
Available in various languages

Web Platform

The innovative platform Trade.com WebTrader available to only Trade.com clients with an interface that is easy to navigate among the industry proposals.

The platform features multi-chart display with independent functions, along with trading tools, intelligent analysis, Trading Central, Events & Trade tool and secure management optimization.

DMA trading

And the last, but very interesting opportunity from Trade.com is to engage into the trading with a DMA or direct access to markets through unique cooperation with a leading DMA provider Interactive Brokers. Therefore, active and professional traders may benefit from fruitful opportunities and vast capabilities.

Also, there is an opportunity to invest in a selection of Stocks available to trade via Thematic Online platform.

Desktop Platform

The platforms available through both desktop and mobile interfaces as well, and brings vast of tools from customization to the specific engagement. Where full capacity of trading capabilities available through desktop version.

Trade.com platform

Customer Support

Of course, you can count on continued support provided by the multiple internationally presented local lines and languages, e.g. Russia, France, Poland, Argentina, Chile, Germany, Norway, Peru and more. While support is accessible via Live Chat, phone lines or emails.

ProsCons
24/5 supportNo 24/7 client support
Relevant answers
Live Chat, International Phone Lines and email

Education

There is no comprehensive education center like you can find at some other popular brokers’ offering, yet Trade.com supports with great research tools and essentials. These include already powerful platforms with inbuilt features packed with trading tools, intelligent analysis, Trading Central along with Events & Trade tools.

So all in all, we would mark within our Trade.com review that the broker’s offering might be more good for advanced, professional and not very beginners traders. Especially considering its attractive professional choice between platforms and trading capabilities overall.

ProsCons
Free trading signals, trading ideas and research toolsNo Trading Academy
Trading Central research materials
Market Outlook
Inbuilt analysis

Conclusion

The main Trade.com offering provides an opportunity for online trading for a client or trader of almost any demand as we see in our Trade.com Review. The new ones to the trading will find an easy process to open an account with the small deposit of 100$ only to start, along with all the necessary educational and tutorial materials to perform smarter.

The more experienced traders may also gain trusted cooperation since the broker is strictly regulated, as well offering developed technical solutions with quite competitive pricing, since the only charge is a spread.

And the last, Trade com provides truly attentive support to their clients, through the wide range of local call-centers, yet doe not offer comprehensive education, but included advanced research tools and analysis to it offered platforms which definitely highlight their offerings.

Nevertheless, it is always good to know your personal opinion about Trde.com which you may share in the comment area below.

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