Trade.com Review
- Used by more than 10,000 users and traders trade.com
- Not offering VPS
- Not a regulated FCA
Overview
Trade.com is a famous name in the world of trade, with many choices of assets. Some of the most crucial selling points include:
- Industrial standard platforms, including MT4
- Cyprus based, permitted, and arranged only by Cysec
- Many market choices and trade options
- Good review of customer support
- Broad trading spreads that can increase costs
Trade.com offers the perfect choice of assets to be traded, which amounts to more than 2,100 options in several categories. Let’s look at investments that Trade.com can trade offers more than 55 currency pairs in the forex market, including the principal and minor pairs. Forex trading is available on the web trader platform and MT4 24 hours, five days a week. Trade.com also offers 30: 1 leverage for the leading currency pair.
Crypto trading is also available with trade.com on the web trader platform, on the web, and mobile devices on the cellular application trade.com. There is no commission for trading crypto. Leverage up to 1: 2. CFD on cryptocurrency ends after seven days, and trading that remains open is automatically closed at the available prices.
Finally, trade.com offers options for ETF leveraged trading (funds traded on the stock exchange, on web trader platforms throughout the web and cellular. Leverage reaches 1: 5. ETF is a securities bundle that is traded on the stock exchange and can include any assets of the class. Popular ETF Focuses on commodities (e.g., gold or silver), specific industries, financial markets, etc. Trade.com offers popular ETFs, AGQ, Chinacsi300, FXE, MScimexico, ACWI, SDOW, and many more.
This review explains it:
Is Bitconnect Legit or Scam?
Bitconnect is a scheme in which a company pays its old clients from the investment of new clients. After a thorough search on Bitconnect, it can be said that it may be a Scammed website. There are many factors to call it scam.
First of all, there is no contact number available on their website, which is a clear fact that it is a scam. How can you do business with someone when there is no way of communication? Secondly, the company owner has played a great tactic by keeping his identity hidden.
This point is another alarming fact. And after my research, I’ve seen that all the investors are unhappy with investing here. It cannot be predicted whether it is a scam or not, but it can be clearly said that it is not a safe place for investment. It may prove to be the biggest mistake of your life.
Scam or legit? Read before opening your Account.
Trade.com is a company operated by Ltd’s Trade Capital Markets (TCM) and Live markets Limited. TCM is licensed and regulated by Cyprus Securities and Exchange Commission under license number 227/14, meanwhile was also ratified in South Africa by the financial sector behavior authority under the FSP 47857. , under the company reference number 738538.
Because Cysec regulates it, trade.com adheres to industry standards set by the EU, such as the Anti-Money Laundering Law, Instructions for 2014/UE Financial Instruments, and European Union Instructions 2014/49/EU. All client deposits up to € 21,000 are protected based on investor compensation funds.
The Live markets parent company also participated in the British Financial Services Compensation (FSCS) scheme, which offers protection of up to € 85,000. In addition, client funds are stored in separate accounts at all levels of level 1. Thus, the money is not accessed by trade.com to fund his daily operations. At the same time, customers are protected to some extent in case of bankruptcy.
So far, there have been no known accusations about financial mistakes by trade.com. It is considered a prominent and valid operator arranged in three jurisdictions. However, it does not have regulations by the leading financial authority of the FCA, which explains the restrictions to be accessed by the US population.
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Advantages and disadvantages of Trade.com
- Used by more than 10,000 users and traders trade.com
- Founded in 2009
- Regulated by Cyprus Securities and Exchange Commission (Cysec)
- Min. Deposit of $ 1
- Not offering VPS
- Not a regulated FCA
- Stop buying or selling when they want.
- Give a random signal that is not functioning.
- Poor customer service and lack of responses.
- When you get a profit, you can’t withdraw it quickly.
- Contact from different numbers
Trading platform
Traders in several markets, including the US, Canada, and Japan, do not have access to trade.com.
Trade.com offers five types of surprising CFD accounts, so be sure to do research before deciding which is the best for you. Both newcomers and experienced traders must be able to find types of accounts tailored to their needs.
The types of accounts offered at trade.com are as follows:
- Micro Account
- Silver Account
- Gold Account
- Exclusive Account