Trade24 Forex Broker
Company | Trade24 |
---|---|
Established in | 2012 |
Online since | 2012 |
International Offices | London, England |
Payment Methods |
Credit cards, debit cards, Wire transfer |
Demo Accounts & Platforms | |
Account currencies | USD |
Regulated & Registered by | In Process via Cyprus |
Are US Traders allowed? | Not allowed |
Bonus? (detailed) | |
Languages in which website is available? | English, French, Arabic, German and Russian |
Languages in which Support is available? | English, French, Arabic, German and Russian |
Different Support methods? | Email= info@trade-24.com, Phone- +442035192324 |
Types of Account (micro standard executive islamic) | |
Minimum deposit in accounts | $100 |
Minimum position size | 0.01 lot |
Type of Spread? | Fixed |
Minimum spread on EUR/USD, pips | |
Is Scalping Allowed? | Not allowed |
Types of Trading Instruments (GOLD; CFD, etc. and the leverage) | Forex, CFDs, Stocks, Futures. Maximum leverage is 1:100 |
Real Trading platforms | |
Digits after the dot in quotes | |
Margin call level | |
Stop-out level | |
Total Number of currency pairs | |
Any Bonus offers | |
Affiliate program Available? | |
Facility of Overnight interest rates (swaps) | No |
Do they have Trailing stop? | |
Do they have Pending orders? | |
Mobile trading allowed? | |
Browser-based platform present? |
The forex market has grown leaps and bounds in the recent years and had led to many companies opening up to cash the opportunity. Trade24 is one of those companies which opened recently in the year 2012 and also started the facility of online trading service the very same year. The company has its office in London, England and is still in the process of getting registered by the regulating authority in Cyprus. The various methods of making deposits as well as withdrawals are credit/debit cards, Diners club international and wire transfers. They allow only United States Dollar as the account currency and the traders from United States are not allowed to trade from their account. Their website is very informative and very easy to browse through. It is available in French, German, Arabic, and Russian along with English and is very useful for the native speakers who do not know English. The customer support service is also multilingual and is available in as many languages and is very supportive. The customer support staffs are well trained and are well prepared to answer all your trade related queries.
Trade24 forex broker provides its customer the facility of capping the profit if they feel that the market may change when you are not around your computer and save the risk of losing money. The trading platform used by Trade24 is Sirix Trading and is known to be a new revolution in the forex trading market and is very sophisticated. They do not charge any commission on the trade done, but they do have spread between the bid and ask quote. They have for their clients the facility of financial leverages and the stop loss is guaranteed to be used in hedging. The rates are fixed and the clients are offered service which can be custom tailored according to the need of trader.
The reviews for Trade24 are very positive and the services offered are very good as mentioned in the reviews. The execution of the trade is very fast through them and has been mentioned in most of the reviews as great positives. The customer support service is too good and is always at your service to provide solution to all trade related issues. The service is available in 5 languages via email and phone. The deposit and withdrawal of funds is through credit cards, debit cards, Diners club international and wire transfers and is also very fast and hassle free. The website is also liked by many as it contains all the needed information and also is available in 5 different languages. It is in the process of getting licensed and is a great relief for the customers. The cons of trading from their account are that they allow only USD as the account currency and that they do not allow traders from United States to trade from their account. The spread on the trade is however fixed and the average rating given to the traders by their users is 3.3 out of 5.