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Company Name and Establishment
Trade Deal Brokers, established in 2015, has quickly emerged as a significant player in the forex brokerage industry.
Headquarters and Main Offices
The company is headquartered in London, United Kingdom, with additional offices in key financial hubs such as New York, Hong Kong, and Sydney.
Company Nature
Trade Deal Brokers operates as a privately held company, focusing on providing forex and CFD trading services.
Main Markets and Clientele
The broker primarily serves retail traders and institutional clients across Europe, Asia, and North America. Its clientele includes individual investors, hedge funds, and proprietary trading firms.
Company Development History and Milestones
Since its inception, Trade Deal Brokers has achieved several milestones, including the launch of its proprietary trading platform in 2017 and the introduction of mobile trading applications in 2019. The company has also expanded its product offerings to include cryptocurrencies and commodities.
Parent Company or Group Relations
Currently, Trade Deal Brokers operates independently and is not part of a larger financial group.
Business Model Overview
The broker follows a retail forex model, providing access to a wide range of trading instruments, including currencies, commodities, and indices. It offers both ECN and STP execution models to ensure competitive pricing and fast order execution.
Main Regulatory Bodies
Trade Deal Brokers is regulated by several authorities, including:
Regulatory Numbers
Regulatory License Validity and Scope
The licenses are valid indefinitely, provided that the broker adheres to the regulatory requirements set forth by each authority.
Legal Entities in Different Regions
Trade Deal Brokers operates under different legal entities based on the jurisdiction:
Client Funds Segregation Policy
Client funds are held in segregated accounts, ensuring that they are protected and separated from the broker's operational funds. This policy is crucial in maintaining client trust and regulatory compliance.
Investor Compensation Fund Participation
Trade Deal Brokers participates in the Financial Services Compensation Scheme (FSCS) in the UK, which protects clients up to £85,000 in case of broker insolvency. Similarly, it adheres to local compensation schemes in Australia and Cyprus.
KYC and AML Compliance Measures
The broker employs stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols to verify client identities and prevent illicit activities. Clients must provide valid identification and proof of address during the account opening process.
Number of Forex Currency Pairs and Major Types
Trade Deal Brokers offers over 50 forex currency pairs, including major pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as a selection of minor and exotic pairs.
CFD Product Categories
The broker provides a diverse range of CFDs, covering:
Special Products or Unique Trading Instruments
Trade Deal Brokers has introduced unique trading instruments, such as synthetic indices and volatility products, catering to traders looking for alternative investment opportunities.
Product Update Frequency and New Additions
The broker frequently updates its product offerings, with new instruments added quarterly based on market demand and client feedback.
Retail Trading Services
Retail clients can access a comprehensive suite of trading services, including leverage options, margin trading, and various account types tailored to different trading styles.
Institutional Client Services
For institutional clients, Trade Deal Brokers offers tailored solutions, including liquidity provision, white-label services, and bespoke trading platforms.
White Label Solutions
The broker provides white-label solutions for businesses looking to enter the forex trading market without the need for extensive infrastructure.
Asset Management Services
Trade Deal Brokers also offers asset management services, providing clients with professional portfolio management and investment strategies.
MetaTrader 4/5 Support
Trade Deal Brokers supports both MetaTrader 4 and MetaTrader 5 platforms, offering clients access to advanced trading tools, automated trading capabilities, and customizable interfaces.
Proprietary Platform Details
In addition to MetaTrader, the broker has developed a proprietary trading platform that includes advanced charting tools, a user-friendly interface, and integrated market news feeds.
Web-Based Trading Platform
The brokers web-based trading platform is accessible from any device with an internet connection, ensuring flexibility for traders on the go.
Mobile Applications
Trade Deal Brokers offers mobile applications for both iOS and Android, allowing clients to trade and manage their accounts conveniently from their smartphones.
Execution Models
The broker operates under ECN and STP execution models, providing clients with direct market access and competitive spreads.
Server Locations and Technical Infrastructure
Trade Deal Brokers utilizes high-speed servers located in multiple data centers around the world to ensure low latency and fast order execution.
API Access and Automated Trading Support
The broker provides API access for algorithmic trading, allowing clients to implement automated trading strategies seamlessly.
Standard Account Conditions
Advanced Account Types
Trade Deal Brokers offers several advanced account types, including:
Special Accounts
The broker provides Islamic accounts that comply with Sharia law, allowing clients to trade without incurring interest fees.
Demo Account Policy
Trade Deal Brokers offers a demo account for clients to practice trading strategies without risking real money. The demo account is funded with virtual currency.
Leverage Ratios
Leverage ratios vary by account type and product, with options up to 1:500 for forex trading and lower ratios for CFDs and commodities.
Minimum Trade Size
The minimum trade size is 0.01 lots for standard accounts, allowing flexibility for traders with varying capital.
Overnight Fees Policy
Overnight fees, also known as swap rates, are applied to positions held overnight, with rates varying based on the asset class and market conditions.
Supported Deposit Methods
Trade Deal Brokers supports a variety of deposit methods, including:
Minimum Deposit Requirements
The minimum deposit varies by account type, starting at $100 for standard accounts and $10,000 for VIP accounts.
Deposit Processing Times
Deposits are typically processed within 1-3 business days, depending on the payment method used.
Deposit Fees
Trade Deal Brokers does not charge deposit fees for most payment methods, though bank transfers may incur fees depending on the sending bank.
Withdrawal Methods and Restrictions
Clients can withdraw funds using the same method used for deposits. Withdrawal requests are processed within 1-5 business days.
Withdrawal Processing Times
Withdrawal processing times vary by method, with e-wallets generally being the fastest option.
Withdrawal Fee Structure
The broker charges a nominal fee for withdrawals, typically around $10 for bank transfers and $5 for e-wallets.
Support Channels
Trade Deal Brokers offers multiple support channels, including:
Service Hours and Time Zone Coverage
Customer support is available 24/5, covering major trading hours across different time zones.
Multilingual Support
The broker provides support in several languages, including English, Spanish, German, and Mandarin.
Types of Educational Resources
Trade Deal Brokers offers a range of educational resources, including:
Market Analysis Services
Clients receive daily market analysis, news updates, and research reports to help inform their trading decisions.
Trading Tools
The broker provides various trading tools, including:
Main Service Markets
Trade Deal Brokers serves clients primarily in Europe, Asia, and North America, with a growing presence in emerging markets.
Regional Office Distribution
The broker has regional offices in London, New York, and Sydney, enhancing its support and service capabilities.
Countries/Regions Not Accepted
Trade Deal Brokers does not accept clients from certain jurisdictions, including:
Special Restrictions
Clients from sanctioned countries may face additional restrictions in account opening and trading activities.
In conclusion, Trade Deal Brokers stands out as a reputable broker in the forex market, offering a wide range of products and services while maintaining strong regulatory compliance. With its commitment to customer support and educational resources, it provides a solid foundation for both novice and experienced traders. As a trade deal broker, it continues to evolve and adapt to the changing landscape of the financial markets.
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