TRADE.COM Forex Broker

TRADE.COM Review SummaryFounded1999Registered Country/RegionCyprusRegulationRegulated by CySEC (Cyprus)Market InstrumentsForex, Indices, Commodities, Stocks, ETFs, CryptoDemo Account✅LeverageUp to 1:300SpreadFrom 1.9 pips (EUR/USD, Silver account)Trading PlatformWebTrader, MetaTrader 5 (MT5)Min Deposit$100Customer SupportEmail: support@trade.comWhatsAppOnline chatTRADE.COM Information TRADE.COM is a Cyprus-based broker founded in 1999, regulated by CySEC. It offers access to over 2,100 instruments and multiple account types suited to different experience levels. Although regulated, the broker is associated with clone license claims in the UK and South Africa, requiring users to verify entity details carefully.Pros and ConsPros Cons Regulated by CySECLinked to suspicious clone licenses (FCA, FSCA)Offers MT5 and WebTrader platformsNo MetaTrader 4 or cTrader supportMultiple account types with flexible trading conditionsMinimum deposit for better accounts is relatively highIs TRADE.COM Legit? TRADE.COM is partially legitimate. It is regulated by CySEC (Cyprus) under Trade Capital Markets (TCM) Ltd, with license number 227/14. However, it is also linked to suspicious clone licenses in the UK (FCA) and South Africa (FSCA). These clones use similar names but have different entities or websites, indicating they are fake licenses meant to mislead users. Always verify the brokers domain and legal entity with the official regulator.Regulatory StatusRegulated ByLicensed InstitutionLicense TypeLicense NumberRegulatedCySEC (Cyprus)Trade Capital Markets (TCM) LtdMarket Maker (MM)227/14Suspicious CloneFCA (United Kingdom)Trade Capital UK (TCUK) LtdStraight Through Processing (STP)738538Suspicious CloneFSCA (South Africa)Trade Capital Markets (TCM) LtdFinancial Service Corporate47857What Can I Trade on TRADE.COM? TRADE.COM offers over 2,100 instruments, including forex, indices, commodities, stocks, ETFs, and cryptocurrencies, allowing traders to access major global markets. The platform supports over 30 ETFs and multiple major currency pairs and indices.Tradable Instruments Supported Forex✅Commodities✅Crypto✅CFD✅Indexes✅Stock✅ETF✅Account Types TRADE.COM offers four types of live trading accounts: Silver, Gold, Platinum, and Exclusive, each designed for different levels of trader experience and investment size. The broker also provides both a demo account for practice and an Islamic account for clients who require swap-free trading.Account TypeMin DepositEUR/USD SpreadCommission on SharesBest ForSilver$1001.9 pips0.20% / $10 minBeginners or low-capital tradersGold$10,0001.4 pips0.16%Intermediate traders (most popular)Platinum$50,0001.0 pips0.08%Active or semi-professional tradersExclusive$100,0000.8 pips0.08%High-net-worth or professional tradersLeverage TRADE.COM offers leverage of up to 1:300, depending on the instrument and account type. Leverage allows traders to control larger positions with smaller capital, amplifying both potential profits and losses.TRADE.COM Fees Compared to industry norms, TRADE.COM's fees are reasonable. Depending on account type, trading fees change; higher-tier accounts have tighter spreads and cheaper commissions. For instance, share commissions vary from 0.20% to 0.08% and EUR/USD spreads run from 1.9 pips (Silver) to 0.8 pips (Exclusive). The platform provides swap-free Islamic accounts upon request but charges regular overnight swap fees on open positions.Account TypeEUR/USD (pips)Crude Oil (pips)Commission on SharesSilver1.940.20% / $10 minimumGold1.430.16%Platinum130.08%Exclusive0.820.08%Non-Trading FeesNon-trading Fees Deposit Fee$0 – FreeWithdrawal Fee$0 – Free (covered by TRADE.COM)Inactivity FeeCharged monthly after 90 days of inactivity; increases after 12 monthsTrading Platform TRADE.COM supports both a proprietary WebTrader and the advanced MetaTrader 5 platform, but does not support MT4 or cTrader.Trading PlatformSupported Available Devices Suitable for what kind of tradersWebTrader✔Web (browser-based)Beginners and casual traders looking for simplicity and speedMetaTrader 5 (MT5)✔Windows, macOS, iOS, AndroidIntermediate to advanced traders needing advanced toolsMetaTrader 4 (MT4)❌––cTrader❌––Deposit and Withdrawal IronTrade does not explicitly charge any deposit or withdrawal fees, but the processing time and possible third-party charges depend on the payment method used. The minimum deposit amount is $10. Deposit & Withdrawal Methods MethodMin. AmountFeesProcessing TimeVisa / Mastercard / Maestro$10Not specified (likely free, but may vary)From seconds to several days (depends on processor)Bank Wire Transfer$10Not specified (likely free, but depends on bank)Up to 45 business days