TRADE.com Review

Introduction

Cryptocurrencies continue to be among the best-trending assets, with an emphasis on tokens like Bitcoin, Ethereum, Litecoin, and XRP. These continue to be the largest cryptos by market capitalization, benefiting from the new inflows that have been propping up markets since the first quarter of 2020.

Retail CFD traders are increasingly attracted to crypto instruments since these assets allow them to take advantage of price movements, without having to store tokens in a cryptocurrency wallet or use a traditional exchange platform. TRADE.com is a multi-asset brokerage that has expanded its offer to include cryptocurrencies CFDs Trading a few years ago, promising online trading in a regulated environment.

TRADE.com is a trading brand operated by Trade Capital Markets (TCM), which is authorized and regulated in Cyprus by the Cyprus Securities and Exchange Commission and authorized in South Africa by the Financial Sector Conduct Authority (FSP number 47857). Livemarkets Limited, which is authorized and regulated in the United Kingdom by the Financial Conduct Authority, also operates the brand.

Trading platforms

Traders interested in crypto CFD trading can find several different platforms at TRADE.com. Trading via the WebTrader, a proprietary solution developed by the broker, grants access to multiple tools, including Trading Central, Events & Trade, and Trending Now. This platform incorporates all 2,100 assets currently available for trading and can be used via a browser on any device.

MetaTrader 4 is another platform suited for cryptocurrency trading, open to TRADE.com clients. Using advanced technologies, multiple technical analysis tools, and execution modes, MT4 is a platform that can offer fast execution and smooth functioning. In this case, however, not all assets available with the broker can be traded via MT4.

Mobile trading capabilities are important when getting involved in Bitcoin and Altcoins, which is why customers can choose to either use the WebTrader on a smartphone/tablet or download the MT4 app from one of the two stores for free.

Account types

Conditions and benefits depend on what account type each customer holds. TRADE.com has an offer of 4 accounts (Silver, Gold, Platinum, and Exclusive), providing both affordability at low funding and premium features in exchange for a larger deposit. Getting started on a live account requires a minimum funding of $100 (using any of the payment methods supported), enabling customers to test conditions without a lot of capital at risk.

Differences between accounts can be spotted when it comes to access to several features like Trading Central, Premium Daily Analysis, and a dedicated account manager.

Crypto and CFD trading conditions

The TRADE.com CFDs on cryptocurrencies offer currently includes Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, and Ripple. Traders can trade the value of these tokens denominated in USD, using flexible leverage (different for retail and professional customers), tight trading costs, and 0% trading commissions.

Also, the offer is very diverse, including a broad range of traditional assets, such as CFDs on currency pairs, stocks, indices, and commodities. TRADE.com has also created a special section for CFDs on ETFs, aware of the growing demand for these products.

Promotions

Because it is a multi-regulated broker, TRADE.com does not offer any type of deposit or trading promotion for the time being. The European regulations prohibit the provision of promotions for retail traders. However, the broker does have an affiliates program where people can join and generate a second income stream by bringing in new customers.

Education

Another reason why TRADE.com is one of the leading brands globally has to do with the variety of educational resources offered to customers. The broker offers market analysis daily, support from an account manager, premium daily analysis, and the popular technical analysis tool – Trading Central.

Trading Central is a leading investment research provider, using time-tested indicators, with chartist and mathematical approaches matching requirements of various investment styles, from intraday trading to swing trading and long-term investments. It is important to note that all the educational features available depend on the account type chosen. Silver accounts gain access to the lowest volume of resources, while Exclusive accounts enjoy the highest volume.

Summary

Trading crypto CFDs with TRADE.com can be done in an environment where regulation, proper trading software, tight trading costs, and customer support have all been taken care of. All the information available about the broker suggests this is a highly trusted company, that has been operating since 2009. Our review concludes positively, and we can recommend TRADE.com for any trader who wants to take advantage of competitive conditions.

CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.8% of retail investor accounts lose money when trading CFDs and spread bets with this provider. You should consider whether you understand how CFDs and spread bets work and whether you can afford to take the high risk of losing your money.