TRADEO is a brokerage firm that prioritizes providing high-quality service for traders who prefer active trading. Our detailed TRADEO review, which outlines both the pros and cons of using this brokerage, is available here on tradingcritique.com.
Table 1: TRADEO Overview
TRADEO Highlights | |
---|---|
Regulated By | The Cyprus Securities and Exchange Commission (CySEC)Cyprus |
Account Types | Standard AccountClassic AccountGold AccountPlatinum AccountPremium Account |
Demo account | YES |
Islamic Account | YES |
Minimum deposit | 200 USD or EUR or GBP |
Maximum Leverage | 1:50 |
Payment Method | Bank WireCredit/Debit CardsE-wallets |
Account Base Currencies | EUR, USD, GBP |
Trading Platforms | MetaTrader 4Web Trader |
Commission | NO |
Customer Support | 24/5 |
Market Instruments | Details |
Shares | YES |
Forex | YES |
Commodities | YES |
Indices | YES |
Cryptocurrencies | YES |
TRADEO Review – An Intro
TRADEO is a brokerage and an online trading platform that enables traders to invest in financial markets. It is a Cyprus-based online CFD and social trading broker that was established in 2011. It is run by UR TRADE FIX Ltd.
The STP (straight-through processing) strategy used by TRADEO, which guarantees that the spreads given to customers are by actual market rates, enabled the firm to establish some strong benchmarks. The trading experience is improved by the STP model’s guarantee of extremely fast execution times.
TRADEO – Knowledge Bites
The TRADEO broker is actively moving in this direction and specializes in active trading. The organization offers 5 trading accounts for traders to pick from, including ones for beginners, professional traders, and experts. The TRADEO broker provides two trading platforms to its customers: the first is the well-known MetaTrader 4, which can be used to trade from both desktop computers and mobile devices. The exclusive TRADEO Z web terminal serves as the second trading platform. Traders don’t need to download any additional software to access it online.
Regulations & Trust ability Review of TRADEO
TRADEO is an online CFD broker. The headquarters of TRADEO.com are in Limassol, Cyprus. TRADEO is managed by UR TRADE FIX Ltd, a Cyprus Investment Firm (CIF) that is regulated by the Cyprus Securities and Exchange Commission (CySEC) and under its control.
All transmissions through TRADEO’s SSL-secured platform are encrypted with AES-256. All servers are carefully monitored and managed over while using bank-grade encryption. Any client funds received by the Company will be promptly deposited into one or more segregated accounts with reputable financial institutions, all by the relevant legal and regulatory framework.
Table 2: TRADEO Regulation Details
Country | Regulation | Headquarters | Registration Number | Registered Office |
---|---|---|---|---|
Cyprus | The Cyprus Securities and Exchange Commission (CySEC)License No-(282/15) | Limassol | HE336677 | UR TRADE FIX Ltd15 Spyrou Kyprianou, 4th Floor, Matrix Tower II, 4001 Limassol, Cyprus |
Review of Accepting Countries of TRADEO
TRADEO Group accepts customers from all around the world, except the USA and Canada. TRADEO is accessible in more than 190 countries, making it a truly worldwide platform. TRADEO is permitted to offer investment and services to the following countries and Member States:
Table 3: Accepted Countries of TRADEO
Accepted countries | |
---|---|
United Arab Emirates Switzerland Sweden Spain Slovenia Slovakia Singapore Romania Portugal Poland Norway Netherlands Malta Malaysia Luxembourg Lithuania Liechtenstein | Latvia Italy Ireland Iceland Hungary Hong Kong Greece Germany France Finland Estonia Denmark Czech Republic Croatia Bulgaria Austria |
Review on Awards Won by TRADEO Broker
On the TRADEO website, there is no mention of any awards the broker may have received.
Investments, Products, and Instruments Review of TRADEO
You have access to more than 200 instruments with TRADEO. Forex, cryptocurrencies, commodities, indices, and stocks are all available for CFD trading.
Financial Instruments that you can Trade using TRADEO:
Commodities
Indices
Stocks
ETFs
Forex
The term “Forex” (foreign exchange) refers to the global market for trading currencies. Tradeable currencies are always exchanged in pairs, and the amount of the second currency needed to purchase one unit of the first currency determines the exchange rate.
Table 4: List of the Most Traded Forex on TRADEO
Forex | ||||
---|---|---|---|---|
USDZAR USDTRY USDSGD USDSEK USDRUB USDPLN USDNOK USDMXN USDJPY USDHUF | USDDKK USDCNH USDCHF USDCAD NZDUSD NZDJPY NZDCHF NZDCAD GBPUSD GBPPLN | GBPNZD GBPNOK GBPJPY GBPDKK GBPCHF GBPCAD GBPAUD EURUSD EURTRY EURSEK | EURPLN EURNZD EURNOK EURJPY EURHUF EURGBP EURDKK EURCHF EURCAD EURAUD | CHFJPY CADJPY CADCHF AUDUSD AUDNZD AUDJPY AUDCHF AUDCAD |
Cryptocurrencies
Cryptocurrencies are exchanged in pairs, such as Litecoin vs the US dollar (LCT/USD), much like forex trading. You can trade cryptocurrency pairs including Bitcoin, Ethereum, and Ripple as CFDs at TRADEO.
Table 5: List of the Most traded Cryptocurrencies on TRADEO
Cryptocurrencies | |||
---|---|---|---|
ZECUSDXTZUSDXRPUSDXMRUSDXLMUSD | XDGUSDUSTUSDTRXUSDREPUSDMLNUSD | LTCUSDLIKUSDGNOUSDETHUSDEOSUSD | DOTUSDBTCUSDBCHUSDATOUSDADAUSD |
Commodities
The purchasing and selling of raw materials including gold, silver, coffee, and oil are known as commodity trading. Without having to purchase and store the actual, physical products, you may be able to profit from price increases and drops in these raw materials by using commodity CFD trading.
Table 6: List of the Most Traded Commodities on TRADEO
Commodities | ||
---|---|---|
XAUUSDXAGUSDWHEAT – DATESUGAR – DATEPA – DATE | ORJUIC – DATENICKELNATGAS – DATECRUDE – DATECOTTON – DATE | CORN – DATECOFFEE – DATECOCOA – DATEBRENT – DATEALUMINUM |
Indices
A collection of stocks that represents a certain segment of the financial market is known as an index. Investors use indices as a standard to evaluate the strength and sentiment of the market as a whole. The FTSE 100, NASDAQ, and Dow Jones are just a few of the popular indexes that you may invest in through TRADEO.
Table 7: List of the Most Traded Indices on TRADEO
Indices | |
---|---|
SMI20 – DATES&P500 – DATENIKKEI – DATENASDAQ – DATEIT40 – DATEIBEX35 – DATEHK50 – DATEFTS100 – DATE | EUR50 – DATEDJ30 – DATEDAX30 – DATECAC40 – DATEASX – DATEAEX25 – DATE |
Stocks
The purchasing and selling of shares in a firm are referred to as stock trading. You can invest in CFDs in the stocks of more than 100 large companies from all major markets, like Facebook, Amazon, Google, and more, with TRADEO.
Table 8: List of the Most Traded Stocks on TRADEO
Stocks | ||||
---|---|---|---|---|
WMART WALMART VOLVO VISA UBS UBER Twitter Inc. Nasdaq (USA) TOYOTA | TESLA SPOTIFY SONY ROYAL PYPL NOKIA NETFLIX NCLH MSFT MODERNA | MCDLYFTLVMHJUVENTUSJUMIAJPMCISCOBPAIRBUSADIDAS | BOEING BMW (Frankfurt Stock Exchange) APPLE AMAZON ALIBABA COLA COKE | INTELHPH&MGOOGLEFERRARIFACEEXXMEBAYDISNEY |
ETFs
ETFs are collections of securities with live prices across the trading days that are exchanged on stock exchanges. You can buy or sell ETFs at any time of the day, unlike mutual funds, which can only be traded at the close of the market. Limit orders and stop-loss orders are just two of the different order types that can be used to trade ETFs.
Table 9: List of the Most Traded ETFson TRADEO
ETFs | |
---|---|
– Vanguard Total Stock Market Index ETF – Vanguard European Stock Index Fund ETF – Vanguard Emerging Markets Stock Index Fund ETF – The Cannabis ETF – Spdr S&P Oil & Gas Exploration & Production ETF – MicroSectors FANG+ Index 3X Leveraged ETF – LYXOR ETF Daily X2 Short Bund – iShares Silver Trust ETF – Direxion Daily S&P 500 Bull 3X Shares ETF – SPDR S&P Oil & Gas Equipment & Services ETF – SPDR S&P Metals & Mining ETF – Spdr S&P Biotech ETF – ProShares VIX Short-Term Futures ETF – ProShares UltraShort Silver ETF – ProShares UltraShort S&P500 ETF | – ProShares Ultra QQQ ETF – ProShares Ultra Financials ETF – ProShares Short VIX Short-Term Futures ETF – ProShares Short S&P500 ETF – ProShares Short QQQ ETF – Direxion Daily S&P 500 Bear 3X ETF – Direxion Daily 20+ Year Treasury Bull 3X Shares ETF – AdvisorShares Pure Cannabis ETF – ProShares UltraShort Oil & Gas ETF – ProShares UltraPro Short Dow30 ETF – ProShares UltraPro QQQ ETF – ProShares Ultra S&P500 ETF |
Trading Platforms available in TRADEO – A Review
With an all-inclusive trading environment supported by cutting-edge, professional-grade technology, TRADEO’s platform simplifies the complete process.
Trading Platforms that can be used for Trading in TRADEO:
Meta Trader 4
Web trader
Meta Trader 4
TRADEO offers a well-known, powerful, and user-friendly MT4 platform in addition to its social trading function known as Trading Signals. As well as a desktop platform for PCs and Macs, MT4 also provides a web-based platform and mobile apps for both iOS and Android devices. A Senior Account Manager is available to help customers who open the MT4 Platform account type.
Web Trader
TRADEO offers a social trading platform that is entirely its own. Both beginner and experienced investors will find the company’s web-based platform to be user-friendly and full of special features. As a result, the firm can fully customize its trading activities to unique requirements. An Executive Account Manager is available to help customers who open the Web trader Platform account type.
The trading platform offers a variety of features, including social charts, seamless trading amongst traders, social feeds, real-time charting, fully immersive chat functionality, live streaming prices, copy trading, and one-click trading ability.
TRADEO Mobile App Review
TRADEO has also launched trading applications for mobile phones running iOS and Android. Using mt4 and other trading platforms of the user’s choice is possible for traders through mobile trading apps. TRADEO provides mobile trading applications with all the features found in their web-based social trading platform. The smartphone apps give traders access to professional traders’ real-time trading performance. Additionally, traders can use the applications to perform technical analysis on live charts.
Review of Types of Accounts available in TRADEO
TRADEO gives customers a choice of various account types that are suitable for both experienced traders and newcomers. The minimum deposit amount, leverage, bonus, and training materials for each account type are different.
The TRADEO Account Types are:
Standard Account
Classic Account
Gold Account
Platinum Account
Premium Account
Table 10: Features of Accounts available on TRADEO
Features | Standard Account | Classic Account | Gold Account | Platinum Account | Premium Account |
---|---|---|---|---|---|
Minimum Deposit | €1,000 | €2,500 | €10,000 | €25,000 | €50,000 |
VIP Services | – | – | – | – | Trial Period |
Trading Commission | Standard | Standard | Up to 10% Discount | Up to 25% Discount | Up to 50% Discount |
SMS Trading Notifications | – | – | |||
Private Trading Sessions | – | – | 2 Sessions/Month | 4 Sessions/Month | 8 Sessions/Month |
Private One-on-One Trading Academy | 1 Session | Up to 3 Sessions | Up to 4 Sessions | Up to 8 Sessions | Up to 16 Sessions |
Relationship Manager | Trial Period |
TRADEO Pro Account Review of TRADEO
Existing customers are the only ones who can access the TRADEO Pro account. All TRADEO accounts include the same choice of trading platforms, instruments, and STP transaction execution. There is no fixed leverage ratio for professional clients. Professional customers also get first access to new product releases and a dedicated account manager. Professional clients do not enjoy the same level of security as retail customers.
Demo Account Review of TRADEO
You would need to ask for a demo account through the live chat feature or by speaking with your account manager to request one. The demo account can be set up with up to $50,000 in virtual money.
Fees & Commissions Review of TRADEO
TRADEO clients do not need to pay commissions on trades. Depending on the trading asset, the spreads might vary and begin at 0.9 pip. Accounts that have not been used for up to 90 days may incur a charge of $22.00, €20.00, or £15.00. The base currency account’s conversion fees were Up to 0.5%
Deposit & Withdrawal Methods Review of TRADEO
TRADEO accepts bank wire transfers, Neteller, Skrill, and all of the major credit and debit card companies. There are no fees associated with any deposits made to a TRADEO trading account. A minimum deposit of 200 EUR, USD, or GBP is required to begin trading.
You can withdraw money from TRADEO using a credit card, bank transfer, Neteller, SOFORT, or Payoneer. The withdrawal cost of a wire transfer is 30 EUR, USD, or GBP for amounts up to $10,000 and 0.03% for $10,000. The minimum withdrawal should exceed 15 dollars, euros, or pounds.
Table 11: Deposit Methods & Fees on TRADEO
TRADEO Deposit Method | Deposit Fee |
---|---|
E-wallets | Free of Charge |
Credit Card | |
Debit Card |
Table 12: Withdrawal Methods & Fee on TRADEO
TRADEO Withdrawal Method | Withdrawal Fee |
---|---|
Internal Transfers | Free of charge |
Wire Transfers | Up To 10,000- 30.00 $ / €/ £Above 10, 000 – 0.30% Fee of thewithdrawal amount |
Alternative Payment Methods | 1%with a minimum Fee of 15 $ / €/ £ |
Credit Cards | 15.00 $ / €/ £ |
Leverage available on TRADEO – A Review
TRADEO provides up to 1:30 in leverage. Leverage can greatly raise the profitability of the initial investment, but it can also significantly increase the possible losses you could sustain, especially when making large investments.
Table 13: Assets & Leverage Ratio on TRADEO
TRADEO Assets | Maximum Leverage Ratio |
---|---|
Cryptocurrencies | Up to 1:2 |
Shares | Up to 1:5 |
Indices | Up to 1:20 |
Commodities | Up to 1:20 |
Forex | Up to 1:30 |
Trading Tools Review of TRADEO
The trading experience is revolutionized by TRADEO’s powerful and user-friendly tools for both experienced traders and beginners seeking to progress.
Trading Tools available in TRADEO:
Personal Account Manager
TRADEO VIP Program
Trading Central
Personal Account Manager
TRADEO offers one-on-one instructional sessions and expert account managers to help and assist clients. Customers have immediate access to the Educational Centre, which unlocks a variety of resources, including instructional videos, to help them become smart investors.
TRADEO VIP Program
For traders seeking more affordable pricing and charge structures, TRADEO created the VIP program. The program is designed for clients with high trading volumes and provides participants with specialized training to help them understand the markets.
Trading Central
Trading central is known as a prominent source of Technical Analysis, with a well-deserved record for the reliability of its financial market insights. All of the most frequently traded forex currency pairs are included in the technical analysis.
Clients of TRADEO have access to the Trading central daily signal service. The signals are presented in quick access with clearly defined support and resistance levels, and they cover a diverse range of tradable assets, including currency pairings and commodities.
Bonus Review of TRADEO
TRADEO doesn’t provide traders with any bonuses or promotions.
Education and Research Review of TRADEO
A large collection of training videos covering every element of trading Forex and CFDs, from the fundamentals to more complex subjects like technical analysis. They provide a variety of training materials, such as webinars, video tutorials, and more, to assist you in getting started. Webinars are presented by experienced traders and industry professionals who can teach you about various trading methods and how to utilize them successfully.
Advantages & Disadvantages of TRADEO
TRADEO has both advantages and disadvantages which are listed in Table 14.
Table 14 : Pros and Cons of the TRADEO Website
Pros of TRADEO | Cons of TRADEO |
---|---|
– Client trades are executed quickly – TRADEO offers a user-friendly UI – User can trade with a variety of financial instruments – access to current market analyses and data – Real-time execution and quotes technical analysis and advanced charting software | – CFD spreads are very high – TRADEO doesn’t offer any perks or promotions to traders |
Customer Support Review of TRADEO
TRADEO offers its clients multilingual customer service by email, phone, and live chat. On each page of its website, the broker also offers a helpful Live Chat feature that you can use to ask general questions and get technical support around the clock. All frequently asked questions are addressed in the FAQ section, which is especially helpful for newcomers who wish to learn more about the company’s trading practices.
Table 15 : Customer Support Service Details of TRADEO
Social Media Pages of TRADEO | |
---|---|
Phone | +35722222113 |
Fax | +357 25 030 965 |
support@TRADEO.com |
In a Nutshell
TRADEO also grants clients access to the popularly used trading platform, which enables users to access the Platform’s sophisticated technical analysis tools and automated trading programs. Trading with the STP (Straight-through processing) model is more open and transparent. TRADEO’s pricing accurately tracks market fluctuations, resulting in tighter spreads across all asset classes. With a broker committed to their long-term success, traders are free to perform their trading as they think best.
Frequently Asked Questions – TRADEO
1. What is TRADEO’s required Minimum Deposit?
To start trading with TRADEO, you must make a 250 deposit.
2. How much Time do TRADEO Withdrawals require?
The processing period for TRADEO withdrawals varies based on the method but generally takes 2 to 5 days.
3. Is TRADEO subject to Regulation?
The Cyprus Securities and Exchange Commission (CySEC) oversees TRADEO’s services.
4. When was TRADEO Established?
In 2011, TRADEO was established.
5. Does TRADEO provide a Demo Account?
TRADEO has a demo account option.
Choosing the right broker is vital to your success as a trader, and we understand that. That’s why we take the time to thoroughly evaluate each and every brokerage firm to ensure that we only recommend the very best. And that’s not all – we offer complete evaluation of the leading brokers and trading advice to help you improve your skills and make more profitable trades. Visit tradingcritique.com today and start trading smarter!