Trade.com Review – a lot of CFD on shares to choose from

Trade.com is a broker with two offers. Firstly, the broker can trade CFDs on forex pairs, indices, commodities, cryptocurrencies, bonds and ETFs, but then, thanks to the broker’s connection to Interactive Brokers, one can also get direct access to trading forex, stocks, options and bonds (from a deposit of $5,000). Learn more about CFDs here. Trade.com is licensed in Europe by the CySEC, the Cypriot regulatory authority, so the broker can legally offer its services to citizens in Europe. Moreover, it is also regulated by the ASIC and the FCA. The minimum deposit for the broker is set at $100 (for CFD trading).

Trade.com Review – Broker overview

Minimum deposit100 USD
PlatformMT4
Regulated brokerYes
RegulationsASIC, FCA, CySEC
Demo accountYes

Special features and advantages

Automatic Trading (EAs)

Trading platform

Trade.com offers its clients one of the most popular forex platforms on the market – MT4. This platform can certainly be used not only to open and close trades, but also to analyze the markets. Who would like to use additionally automated trading systems (EAs), with MT4 this is possible. Trading on MT4 can be done either directly from a web browser, or the platform can be downloaded to a computer or mobile device.

Trade.com platform - how good is one of the regulated brokers?
Trade.com platform - brokerage comparison

Trade.com fees (spreads)

Like any other CFD broker, Trade.com charges a spread fee. For the current value of this fee, please visit the Trade.com website. We have prepared a small comparison table here, where you can find the amount of Trade.com spread fees on popular currency pairs compared to 2 other popular CFD brokers.


EUR/USD
EUR/USDUSD/JPYGBP/USDAUD/USD
Plus500*0.60.71.10.6
XTB*0.81.42.01.7
Trade.com**3.03.03.04.0
*the spread values were gathered from the brokers’ trading platform 26/09/2019
**the spread value was gathered from the broker’s trading platform 22/10/2019

Trade.com Review – Summary

Trade.com must adhere to the strict regulatory guidelines of the CySEC regulatory authority. The broker offers the popular MT4 trading platform and a limited-time free demo account. The range of assets on offer here is very nice, especially when it comes to CFDs on stocks. In fact, around 2,000 stock titles are available here.

The fees (spreads) charged by the broker are quite high. They are lower for the better types of accounts, however, you need high deposit to access those. The highest account, where for example the spread on the currency pair EUR/USD is 1.0 pip is up from a staggering $100, 000.

Advantages

  • Strict regulation
  • Demo account
  • Wide range of assets, especially when it comes to CFDs on shares

Disadvantages

  • Quite high spreads
  • No MetaTrader 5

Trade.com Review – broker rating

Our Score

Leave a Reply