- The world of CFD trading is at the traders’ fingertips considering there are brokerage houses such as TRADE.com providing access to multiple tradable instruments from the largest financial markets – Forex, Stocks, Indices, ETFs, or commodities.
- This TRADE.com review will take an in-depth view of the trading services currently provided and help as a guide for those looking for a CFD provider to work with during this time of financial uncertainty and elevated volatility.
History of the broker
TRADE.com is a trade name operated by Trade Capital Markets (TCM) which is authorized and regulated by Cyprus by the Cyprus Securities and Exchange Commission and authorized in South Africa by the Financial Sector Conduct Authority (FSP number 47857), and Livemarkets Limited which is authorized and regulated in the United Kingdom by the Financial Conduct Authority.
As a brokerage founded in 2009, TRADE.com had managed to grow into a trading powerhouse, serving more than 100,000 active traders. Over the years, the brand had shown great commitment in following strict guidelines with regards to clients’ funds, ensuring they are kept in reputable tier 1 banks and at all times segregated from the company’s own funds.
All customers benefit from a broad range of educational resources, having the ability to learn efficient trading methods and strategies. Updated information is available via the latest market news and analysis content, enabling traders to make informed decisions. Ultimately, TRADE.com ensures access to the financial markets using multiple trading platforms and covers more than 2,100 CFDs.
TheTRADE.com CFDs available cover markets such as bonds, commodities, forex, crypto, indices, stocks, and even the latest ETFs section, ensuring ample diversification capabilities for traders wanting to get involved in different sectors.
They can trade on Gold, EURUSD, USDJPY, GBPUSD, Dow Jones, DAX 30, Nasdaq 100, or Crude Oil CFDs, which are currently some of the most actively traded instruments, with industry-beating prices. There are more than 2,100 instruments covered, enough to satisfy different types of traders.
Large price fluctuations had been seen in 2020 throughout all financial markets and CFD traders working with TRADE.com have the ability to deal with volatility in a professional manner, considering all the trading tools and features currently available with the brand.
Starting to trade with this provider can be done with as little as $100. In exchange, traders will get access to a Silver account, offering multiple benefits like daily analysis: morning review, 24-hour customer services, Events & Trade, as well as a desktop and mobile trading. But the offer includes three other account types (Gold, Platinum, and Exclusive), conditioned by the deposit each client has done.
To reward those allocating more capital, the broker offers multiple enhanced trading benefits like dedicated account manager, premium daily analysis, Trading Central, or premium customer support.
Given that the European Economic Area is one of the main target markets for TRADE.com, the Elective Professional program provides access to better trading conditions for traders that can apply to be reclassified.
In terms of trading costs, spreads will depend on the account type, while the overnight swaps are the same for all customers. The maximum leverage will depend on whether clients will be retail or professional.
Traders can fund an account in a variety of ways, depending on their country of residence. Credit/debit card, fast bank transfer, Skrill, or Neteller are currently supported by the broker.
The latest generation of WebTrader available at TRADE.com comes with mobile compatibility and support for all 2,100+ CFDs covered. Multi-chart window, in-platform price alerts, live chat support, 1-touch account switching, and the ability to request deposits/withdrawals, are some of the tasks that can be performed via the platform.
Metatrader 4 is the second choice available in versions for Windows and MAC. This is a proven and popular platform, used by traders all around the world thanks to benefits like automated trading, embedded tick charts, alerts, and customization tools.
The TRADE.com customer services can be contacted via email, WhatsApp, or live chat, and is available from Sunday 22:00 GMT to Friday 22:00 GMT. Only Platinum and Exclusive account holders will get to benefit from premium customer support.
With more than a decade of existence, TRADE.com has managed to grow into a brokerage powerhouse, serving customers all over the world, except for several restricted jurisdictions such as Japan, Canada, or the USA.
TRADE.com is a broker worth considering by both experienced or beginning traders, thanks to the wide range of tools and features currently available. Also, with more than 2,100 CFDs covered, it is possible to build a diversified list of assets to monitor. Trading conditions are competitive and will depend largely on the account type chosen by each customer.
CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.9% % of retail investor accounts lose money when trading CFDs and spread bets with this provider. You should consider whether you understand how CFDs and spread bets work and whether you can afford to take the high risk of losing your money.
Raj Kumar is a qualified business/finance writer expert in investment, debt, credit cards, Passive income, financial updates. He advises in his blog finance clap.