Spreads & Commissions8/10
- Trade.com is an EU regulated broker with authorisation from the CySEC
- Robust access to the markets through a proprietary web trader and the MT4 app
- Offers over 2100 different financial instruments
- International multi-lingual support team in over 26 countries
- High initial investment
- The increased cost of trading
- No direct market access account
Trade.com Forex Broker Review – Start Trading With No Investment!
Forex brokers are relentlessly searching for ways of improving their products and services to find an edge in the retail markets. While some companies find it difficult to match the expectations of traders, there are some brokerages in the market that have created a reliable platform that not only provides a reliable brokerage but also offers an amazing array of trading features and services for comprehensive market coverage.
Trade.com is another European Forex and CFD broker that grants access to the global financial markets through a regulated trading platform. Trade.com does not make any false assurances of providing a revolutionary package, but the company incorporates all the essential tools and services to provide a suitable trading environment for all categories of investors. Make sure to read our entire Trade.com Forex review for a detailed breakdown of the spreads, leverage, platforms, and account options.
Trade.com Regulation & Company Information
Trade.com is indeed a highly valuable domain name that is exclusively owned and operated by Leadcapital Markets Ltd. The company ventured into the Forex brokerage business in 2014 as a CFD broker and has set up its operating headquarters in Nicosia, Cyprus. Inevitably, the broker moved into other financial markets to offer a global coverage, but the company’s primary activities involve dealing in CFD contracts through an automated dealing desk platform.
With its European affiliations, Trade.com is regulated by the Cyprus Securities and Exchanges Commission (CySEC). CySEC is a recognised EU authority that is approved by the European Markets in Financial Instruments Derivatives (MiFID) for regulating financial companies based out of Cyprus. Trade.com can also use its CySEC license to offer services to all countries that are a part of the EU, as the European Economic Area (EEA) initiative lays a platform for cross-border sharing of services.
The CySEC is home to an extensive framework of regulatory policies that are continually evolving to become one of the most advanced regulatory organisations in the world. Trade.com has to adhere to all the regulatory policies as implemented by the CySEC and is currently required to possess at least €1 million in operating capital to prove that the broker is capable of withstanding its clients’ debt obligations.
Trade.com also keeps its clients’ investments segregated from its operating capital, and as per the CySEC rules, every qualified investor is protected through the Investor Compensation Fund (ICF) in the case of broker insolvency. Therefore, the ICF essentially provides protection for any broker-related liquidation procedures, enabling traders to receive up to €20,000 in reimbursement. Of course, the ICF is only available to select investors and traders must consult with the broker for custom-tailored services.
Trade.com Assets Available
Traders who have worked with leading global brokerages will find it easier to transition into a Trade.com account, as the broker currently offers access to more than 2100 financial assets from the global financial markets. There are plenty of choices available, especially with a wide choice of stocks, indices, Forex, commodities, Crypto, bonds, and ETFs. In all probability, here is an all-inclusive list of tradable instruments on offer:
Forex: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, EUR/CHF, EUR/GBP, EUR/JPY, NZD/USD, USD/CAD, AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, CHF/JPY, CHF/PLN, EUR/AUD, EUR/CAD, EUR/CZK, EUR/HUF, EUR/NOK, EUR/NZD, EUR/PLN, EUR/SEK, EUR/TRY, EUR/RON, EUR/RUB, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, GBP/RON, GBP/SGD, NZD/CAD, NZD/CHF, NZD/JPY, USD/CZK, USD/DKK, USD/HUF, USD/MXN, USD/NOK, USD/PLN, USD/SEK, USD/SGD, USD/TRY, USD/ZAR, USD/RUB, USD/RON, USD/BRL, USD/INR, USD/CNH, GBP/TRY, USD/ILS, GBP/ILS, EUR/ILS, BTCUSD
Commodities: Crude Oil, Gold, Silver, Corn, Wheat, Coffee C, Sugar no.11, Soybean, Cotton no.2, Natural Gas, Rice, Copper, Palladium, Platinum, Cocoa, Brent Oil, Aluminium, Zinc
Stocks: APPLE Inc., BANK OF AMERICA, CISCO SYSTEMS, eBay Inc., Facebook, Ferrari SpA (FERRARI), GENERAL ELECTRIC, GOLDMAN SACHS, GOOGLE Inc., IBM, INTEL Corp., MICROSOFT Corp., UBS AG, CitiGroup, ALIBABA, BAIDU Inc., CHINA MOBILE, PetroChina, PETROLEO BRAS, TOYOTA, SONY, Twitter Inc, WEIBO, Amazon.com, American Express (AMEX), AT&T Inc, Exxon Mobil Corp, First Solar Inc, Hewlett-Packard Company, JPMorgan Chase & Co., Mondelez International, Marvell Technology Group Ltd., MGM Resorts International, Monsanto Company, Morgan Stanley, Noble Energy Inc., Nokia Corp, Oracle Corp., Pfizer Inc., Potash Corp of Saskatchewan Inc, SanDisk Corp., Teva Pharmaceutical Industries, Wal-Mart Stores Inc., Wells Fargo & Company, Linked-In, Zynga, Yandex, Groupon, VALE, Mastercard, MCDONALDS, COCA COLA, VISA, TECK Resources Limited, MICRON, APACHE, JABIL, UNISTEEL, GM, NIKE, MEGAFON, Samsung Electronics, LUKOILUSD, MAGNIT, PAO Severstal (Severstal), BerkshireB, TESLA MOTORS Inc, NETFLIX Inc, TRIPADVISOR Inc, PRICELINE Inc, SALESFORCE Inc, SYMANTEC Corp, NUANCE Inc, STARBUCKS Inc, ALCOA INC., BOEING CO, CATERPILLAR INC, MARRIOTT. HILTON, SOLARCITY Corp., GoPro, WALT DISNEY CO, FCA, HUBSPOT Inc (HUBSPOT), Virgin America Inc (VA), , PepsiCo Inc (PepsiCo), MOMO Inc (MOMO), BlackBerry Limited (BlackBerry), Shake Shack Inc (ShakeShack), Diamond Offshore Drilling Inc (Diamond), Kirby Corporation (KirbyCorp), Yamana Gold Inc (YamanaGold), Go Daddy Inc (GoDaddy), Party City (Party City Holdco Inc.), Gilead Sciences Inc (GILEAD), JD.com,Inc. (JD.com), Harley-Davidson Inc. (Harley), Expedia Inc. (Expedia), Splunk, Inc. (Splunk), Yelp Inc. (Yelp), SHOPIFY, FITBIT, PayPal, TerraForm Global Inc., AVAGO, First Data, Hewlett-Packard Enterprise Services (HewlettEnt), Ctrip.com International Ltd. (Ctrip.com), Qunar Cayman Islands Limited (QUNAR), Square Inc, Match Group Inc, Lululemon (Lululemon Athletica inc), BBBeyond (Bed Bath & Beyond Inc.), DaveBuster (Dave & Buster’s Entertainment, Inc), Synaptics (Synaptics Incorporated), USFoods (US FOODS HOLDING CORP.), LineCorp (Line Corp), AMOVIL, FOMENTO, CEMEX, MsciMexico, SouFun (SouFun Holdings), Vipshop (Vipshop Holdings Limited), NewOriental (New Oriental Education & Technology Group), YYInc, IKang (Ikang Healthcare Group, Inc), SINA (SINA Corporation), BP Plc, HSBC HOLDINGS, TESCO Plc, VODAFONE GROUP, RIO TINTO GROUP, Glencore, LLOYDS, RBS, WPP PLC, ROLLS ROYCE HOLDINGS PLC, ASTRAZENECA, WIZZ, easyJet plc (easyJet), Burberry Group plc (Burberry), BANCO SANTANDER, INDITEX, IBERDROLA, ENAGAS, BBVA, REPSOL, TELEFONICA SPAIN, GRIFOLS, AMADEUS IT HOLDING SA, GAMESA SA, REE, SABADELL, INDRA, ABENGOA, SACYR, BANCO POPOLARE, BUZZI UNICEM, GENERALI ASS, FIAT S.P.A. (F-MI), INTESA SANPAOLO, Banca Monte Paschi Di Siena, ENEL, TELECOM ITALIA, Unicredit, ENI, POSTE ITALIANE, DAIMLER AG, DEUTSCHE BANK, DEUTSCHE TELEKOM, LUFTHANSA, METRO AG, VolksWagen AG, Allianz AG, BMW AG, Commerzbank AG, E.ON AG, Infineon Tech, K+S AG, SAP AG, Siemens AG, Adidas AG, BASF SE, BAYER AG, ROCKET INTERNET AG, RWE AG, CAP GEMINI, CARREFOUR, CREDIT AGRICOLE, EDF, Orange FR, MICHELIN, SAINT GOBAIN, SOCIETE GENERALE, TOTAL, VIVENDI, LVMH SA, SANOFI-AVENTIS, BNP PARIBAS, VINCI, AIRBUS, FAURECIA, Hermes Intl (Hermes), Europcar Group SA (EUROPCAR), ILIAD SA, PEUGEOT SA, CEZ, ERSTE GROUP BANK (ERSTE), KOMERCNI, TELEFONICA, VIG, OTP, MTELEKOM, MOL, PKOBP, PZU, KGHM, PEKAO, PGE, TPSA, PKNORLEN, BHP Billiton (Billiton), Anglo American (Anglo), SABMiller, MTN Group (MTN), Sasol, GAZPROM, SBERBANK, ROSNEFT, ROYAL DUTCH SHELL, ABN Amro Bank, ARCELORMITTAL, HEINEKEN N.V, PHILIPS N.V, GEMALTO N.V, NESTLE SA, Alpha Bank SA (ALPHA), OPAP, COCA-COLA HBC AG (EEE), National Bank of Greece (ETE), Hellenic Telecommunications Organization S.A (HTO), Public Power Corporation S.A (PPC), ELPE (Hellenic Petroleum SA), Jumbo (Jumbo SA), Ellaktor (Ellaktor SA), MotorOil (Motor Oil Hellas Corinth Refineries SA), Mytilineos (Mytilineos Holdings S.A.), TitanCement (Titan Cement Company S.A.), Grivalia (Grivalia Properties Real Estate Investment), VOLVO, HANDELSBANK, TELIASONERA, ERICSSON, NOVONORD, DANSKEBANK, NOVOZYMES, VESTASWIND, NintendoJP (Nintendo Co Ltd), CoreCivic, Snap, Moneta, Qualcomm, Albemarle, Renault, AlticeUSD, doBank, Play, Childrens Place, Cognex, Deere, Best Inc, Rovio
Bonds: TBOND-30Y (US30YBond), TNOTE-10Y (US10YNote), EURO-BUND-10Y EU, GILT-LONG UK (Gilt10Y), Japan G. Bonds
Indices: S&P 500 (USA500), DJ 30 (USA30), NASDAQ 100 (USTECH100), CAC 40 (France40), DAX 30 (Germany30), FTSE 100 (UK100), NIKKEI 225 (Japan225), Hang Seng (HongKong45), S&P / ASX 200 (Sydney200), DJ EURO STOXX50 (Europe50), FTSE / MIB (Italy40), India50, RUSSEL2000 -US small cap 2000 (USA2000), S&P/IBEX (Spain35), WIG20 (Poland20), OMXS30 (Sweden30), AEX (Amsterdam25), SMI (Swiss20), MSCI (MSCITaiwan), JSE (SAfrica40), VIX (VIXX), MICEX (Moscow50), USDX (Dollar Index), FTSE/Athex 20 (Greece20), FTSE China A50 Index Futures (China50), ChinaAMC CSI 300 Index ETF (China300ETF), Denmark20, Norway25
By opening a Trade.com account, traders are treated to two different platform options. The first is a proprietary WebTrader, which is the broker’s recommended platform due to the availability of all the different assets and trading tools provided by the company. The WebTrader is obviously a browser-based trading interface that does not require any installations. However, for mainstream traders, the broker also provides an independent MT4 platform, which has a comparatively smaller number of financial instruments but offers a familiar trading layout for experienced traders.
Trade.com Mobile Trading
Trade.com does not have any incentive for developing any proprietary mobile apps for mobile users, as their WebTrader can be accessed on a smartphone or tablet through a web browser. Alternatively, traders can also download and install Trade.com mobile apps for the MT4 version, which is compatible with iOS, Android, and Windows mobile operating systems. Therefore, mobile users can indeed trade on their mobile devices by opening a Trade.com Forex account.
Trade.com Accounts & Trading Information
Trade.com offers a straightforward CFD account in three distinct account categories but is rather expensive than all major competitors in the market. The three different accounts are termed as Classic, Gold, and Platinum accounts, where the Classic has a Trade.com minimum deposit requirement of a staggering $1,000. The Gold and Platinum accounts come at a higher premium of $5,000 and $25,000, respectively, but these accounts don’t seem to offer any major advantages over the Classic account.
The payment options include MasterCard, JCB, Diners Club, Visa, Qiwi, Skrill, WebMoney, and Neteller. Being based on a CFD trading account, traders must account for higher Trade.com spreads of 3 pips on major currency pairs, along with a maximum Trade.com leverage of 1:300. The trading conditions are not that impressive, considering that the broker has a huge premium over its rivals.
Trade.com Customer Service
Trade.com supports a multi-lingual customer support team for 24 hours a day and five days a week. Traders from 25 countries have access to direct phone numbers, along with live-chat, email, and web contact form. The customer service experience is really excellent and may justify the higher minimum investment requirement.
Trade.com is a regulated broker, but the account options and cost of trading are a bit more expensive than we expected.
Is Trade.com A Scam Broker?
No, Trade.com is a CySEC regulated Forex broker.
Does Trade.com Offer A Free Demo?
Yes, Traders can open a free demo account.
What Is The Investment For A Premium Account?
The Platinum account requires a minimum deposit of $25,000.