|Platform||WebTrader (Web, Mobile and Tablet), MetaTrader4 (MT4), MetaTrader5 (MT5)|
|Minimum account size||$100|
|Minimum lot size||0.01|
|Spread on EUR/USD||3 pips (1 pip for Exclusive account holders)|
|Payment methods||Skrill (Moneybookers), Neteller, Wire Transfer, Credit Cards|
|Accepts US traders||No|
|Support||Email, Phone and Live Chat|
- Over 2,100 instruments
- Competitive spreads
- Free risk management tools
- Zero commission
- Demo account valid for 30 days only
Trade.com was founded in 2009 and is operated by Leadcapital Markets Ltd, a company which is authorized and regulated by the Cyprus Securities and Exchange Commission. It is an electronic online trading platform that offers only CFD trading and DMA.
The platforms that they provide can be accessed on computers and mobile devices. Currently, the platforms available are WebTrader (Web, Mobile and Tablet), MetaTrader4 (MT4) and MetaTrader5 (MT5) and all are capable of executing orders quickly. They also come with advanced trading and free risk management tools that you can utilize for free to improve your trading results. This deserves a Platform score of 9/10.
Design-wise, the platform was obviously developed with the novice user in mind because the layout was simple and very easy to navigate. All the platforms took only a few seconds to load which is a great advantage especially for those who want to access the interface immediately. This merits a Design score of 5/5.
The $100 minimum account size is at par with the requirements of most brokers in the market today. This is huge advantage especially if you have a small capital to start with since you won’t need to deposit a huge amount of money. This warrants a minimum deposit score of 4/5.
Minimum Lot Size
You can place a minimum lot size of 0.01. This is basically the same lot size that is allowed by many forex brokers today which is why Trade.com gets a Minimum Trade Score of 3/5.
Among the strongest advantages of this broker is that it provides access to over 2,100 instruments which includes bonds, commodities, forex, indices, stocks and ETFs including emerging markets like cannabis. Such feat cannot be easily matched and for this reason they deserve a Tradable assets score of 5/5.
They offer zero commission trading and tight spreads especially for major currency pairs. for Micro accounts, you can enjoy spreads as low as 3 pips for the EUR/USD pair but if you’re an Exclusive account holder, you’ll get to enjoy a 1 pip spread for this currency pair. Such spreads earn a Payouts score of 9/10.
Withdrawal requests are processed promptly although the time for the funds to appear in your account will be dependent on the payment method that was initially used for making the deposit. It usually takes up to 5 business days for wire transfers and online payments and up to 10 business days for credit and debit cards. Since they are able to promptly process such requests, they earn a Withdrawal Time score of 9/10.
Deposit and Withdrawal Methods
They accept Skrill (Moneybookers), Neteller, Wire Transfer and credit cards as payment options for adding funds into the account. Generally, they covered the major banking methods so they merit a Deposit and Withdrawal Methods score of 5/5.
Communication with the customer support can be done via email, phone, fax and live chat. They have international contact numbers for a number of countries including United Arab Emirates, China, Romania, France, Bahrain, Chile, Finland, Denmark and Norway. Service-wise their agents are able to deliver fast support with direct and accurate answers and for this reason Trade.com gets a Support score of 13/15.
Fortunately, requotes were not experienced during the platform tests and all orders were immediately executed even when market prices are moving rapidly. This warrants a Quote Accuracy Score of 10/10.
With a brand name that has been in the business since 2009 and an untarnished reputation in the trading community, Trade.com has built a strong credibility. It is operated by Trade Capital Markets Ltd, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with a license number of 227/14 and is also authorized by the Financial Sector Conduct Authority (FSCA) in South Africa (FSP No. 47857).
which means that they are operating and are fully compliant with regulated business practices. It is for this reason that they they earned a strong Reputation score of 18/20.
Trade.com is not just a forex broker but is also a one-stop trading site. Their suit of world-class online trading platforms are accessible via the most convenient means and with over 2,000 instruments, traders have the opportunity to invest in a wide range of assets. Aside from the favorable trading conditions which they are known for, they have also cemented their position one of the most reliable brokers in the online currency trading industry as proven by their CySEC license and a good number of positive client feedbacks. All in all, this is a reliable online brokerage firm which has a lot of advantages and promising features that will benefit their traders.