Trade.com Full Broker Review and Rating
TRADE.com is a multi-asset CFD brokerage currently operating globally and providing high-quality trading services for a large customer base. Its CFD offer is one of the most popular, but the company also offers other services, including Spread Betting, IPOs, and Asset Management.
TRADE.com review
During a prosperous period for financial markets, TRADE.com is one of the global brokers which manage to offer endless options for retail traders looking to take advantage of price movements on a broad range of assets.
Working with this brand means the ability to go long or short on a choice of 2,100 + CFD assets, all available with fixed/variable spreads, no commission, and fast execution thanks to ultimate trading software. Even though this is a multi-asset provider, with various other services, the current TRADE.com review will focus on the CFD trading conditions.
TRADE.com accounts
To show that it is a very inclusive broker, TRADE.com allows the opening of a Silver live account with an initial deposit as small as $100. Although it is the smallest account type available with the broker, it includes daily analysis, 24h customer service, desktop & mobile trading using either of the platforms currently offered by the broker, and other benefits.
For traders desiring an upgrade, the TRADE.com ecosystem includes three other account options: Gold, Platinum, and Exclusive. These come with added value in the form of benefits such as dedicated account managers, premium daily analysis, Trading Central, and premium customer support. Differences can be spotted in terms of spreads offered for each account.
Since this is a broker compliant with European regulation for CFD trading, it is important to note TRADE.com offers both retail and professional conditions, depending on whether each customer can qualify for higher leverage.
Payments can be made using Skrill, Neteller, PayPal, Trustly, Giropay, wire transfers, and other options, depending on the country of residence.
Instruments
Keep in mind that TRADE.com offers CFDs on various instruments, including bonds, commodities, forex, crypto, indices, and stocks, with a new section dedicated to ETFs. Traders who want to trade on world-class assets get to choose from a diversified list, building a portfolio or finding the right assets based on their goals.
Leverage and trading costs are flexible and competitive, depending on the account type chosen, the asset class, and whether trading terms are retail or professional.
Platforms
Getting involved in the markets with updated software is a key requirement now that asset prices are volatile. The latest generation of the TRADE.com WebTrader is a platform designed for optimal online trading, including a multi-chart window, price alerts with real-time balance, account levels, live chat, one-touch account switching, and other tools integrated to facilitate faster and smoother execution.
Still one of the most advanced and popular trading platforms in the world, MetaTrader 4 is another reliable option when trading with this broker. Its benefits are numerous, including desktop and mobile interfaces, multiple customized tools to engage specific strategies, automated trading, and high security features. On top of the version available for Windows OS, TRADE.com also offers one compatible with Mac OS X.
Regulation
TRADE.com is a trading brand operated by Trade Capital Markets (TCM), which is authorized and regulated in Cyprus by the Cyprus Securities and Exchange Commission and authorized in South Africa by the Financial Sector Conduct Authority (FSP number 47857). Livemarkets Limited, which is authorized and regulated in the United Kingdom by the Financial Conduct Authority, also operates the brand.
It is important to note that TRADE.com is compliant with the latest MiFID II directive, which is why it currently offers the Elective Professional Client Program.
Customer support
As an international trading brand, TRADE.com offers customer support services via a wide range of channels. Traders can get in touch with a representative using email, WhatsApp, and a responsive live chat feature available on the website 24/5. Platinum and Exclusive account holders benefit from premium customer support.
Pros and cons
- Multi-asset brokerage, covering 2,100+ CFD assets
- Support for WebTrader and MetaTrader 4
- Brand regulated in multiple jurisdictions
– - Silver accounts don’t benefit from Trading Central
- Phone customer support not available
The bottom line
TRADE.com is a brokerage house established in 2009 and for the past decade, it has continuously improved its trading offer. After managing to grow into a multi-asset brokerage, it continues to draw the attention of retail CFD traders looking for diversified conditions.
Regulation by multiple financial entities is one of the main reasons this broker is considered reliable. Another important factor is that customers can, at any time, diversify away from CFDs with asset management, IPOs, DMA, and spread betting (for UK customers). There is no question TRADE.com is currently among the most important brands in the industry.
CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.8% 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.
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