Trade.com Review
In this Trade.com review, we will discuss one of the popular CFD Brokers, which means that when you invest with this online platform, you don’t actually own an underlying asset but rather bet on a price difference. That is why it’s called Contract for Difference (CFD). With CFDs, you can make a trading profit when the market is going up and down. Another advantage is that to start trading. Read our comprehensive Trade.com review to find out about this online CFD broker, asset classes, covered markets, general terms and unique promotions they have to offer.
Trade.com Platform Features
With Trade.com, you can open an account with a minimum of $100 or start with a demo account and practice trading a virtual portfolio first.
Leverage
If you want to take advantage and buy Bitcoin, Ethereum, or other altcoins, Trade.com offers an attractive up to 1:5 leverage on a margin account. That means that for every $100 you put in, you can have access to $500 trading capital. But be careful. While the average is great when the market goes in your direction, it can be painful when the market goes against you, as your losses will multiply.
While we believe that leverage is a great tool and can be very helpful, we ask you to use it carefully and remember that trading involves risk.
Broker Fees
Trade.com doesn’t charge any fees and commissions and offer reasonably good spreads. For example, spreads for cryptocurrencies range from 0.8. USD.
Trade.com Review – About the Company
Trade.com is one of the best CFD brokers and online trading platforms based in Cyprus. Trade.com is a trading name and subsidiary of LeadCapital Markets, the company which have been founded in 2009. It is one of the most popular European CFD brokers that offers its clients real and demo trading accounts.
Trade.com is also offering access to major cryptocurrencies and other asset classes. In addition, Trade.com also offers new clients multiple privileges and benefits such as personal training, exclusive educational content and friendly customer support in major languages.
Broker Covered Markets
With Trade.com, you can trade most asset classes like stocks, bonds, commodities, indices, ETFs and, more lately, cryptocurrencies, such as Bitcoin, Ethereum and others altcoins.
You can have access to major global exchanges and trade in pretty much any market.
Trade.com Review – Regulations
Trade.com is regulated by Cyprus Securities and Exchange Commission (CySEC), with the license number 227/14. Like most of the regulated brokers in Europe, Trade.com does not offer its services to USA citizens.
Trade.com Platform Advantages
The main trading platform is MetaTtrader4, which is popular in the online trading community, so many users should be familiar with it. Also, Trade.com assures that clients money are kept safely in a segregated account with a Cyprus bank. There are no fees or commissions, and they offer competitive spreads. You can trade the most popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin and Dash with spreads ranging from $0.8.
Trade.com Review – Conclusion
Overall we find Trade.com a good solution for experienced traders. Sometimes the spreads are not as tight as with other CFD brokers. We also found the choice of available cryptocurrencies somewhat limited and not as extensive as other online brokers offer. As with many online brokers these days, you can trade from your desktop and any mobile device.