Trade Fair Forex foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://tradefairforex.com/app/public/register, about the company's legal and temporary regulatory information, the company's address .
Trade Fair Forex broker review
Trade Fair Forex Broker is a trading name under Gain Capital UK Limited, which was established in 2013. The company is headquartered at 16 Finsbury Circus, Park House, 1st Floor, London, EC2M 7EB, United Kingdom. As a subsidiary of Paddy Power Betfair plc, it operates as a private entity focused on providing financial spread betting services.
Trade Fair primarily caters to retail traders interested in various financial markets, including foreign exchange, commodities, indices, and more. The broker has steadily grown its client base since its inception, leveraging the reputation of its parent company and the established infrastructure of Gain Capital.
The company has made significant strides in its development, including the launch of its trading platform, which offers a range of trading options and access to over 2,500 markets and instruments. The partnership with Betfair, a leading betting exchange, has also enhanced its credibility in the financial services sector.
Trade Fair operates on a spread betting model, allowing clients to speculate on price movements without owning the underlying assets. This business model appeals to traders looking for tax-efficient investment options, as spread betting profits are generally exempt from capital gains tax, income tax, and stamp duty in the UK.
Trade Fair Forex Broker is regulated by the Financial Conduct Authority (FCA) in the UK, with the regulatory number 113942. This regulatory oversight ensures that the broker adheres to strict financial standards and operational guidelines, providing a level of security for its clients.
The FCA license is valid for all trading activities conducted by Trade Fair, covering the scope of its services in the UK and abroad. The broker is committed to maintaining client funds in segregated accounts, ensuring that client money is not mixed with operational funds. This practice is crucial for protecting investors in the event of financial difficulties faced by the broker.
In addition to FCA regulation, Trade Fair implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. These protocols are designed to prevent fraud and ensure that all clients are verified before they can engage in trading activities.
Trade Fair Forex Broker offers a diverse range of trading products, focusing primarily on foreign exchange (forex). The broker provides access to over 47 currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, with competitive spreads starting from 0.6 pips.
In addition to forex, Trade Fair offers Contracts for Difference (CFDs) on various asset classes, including:
The broker frequently updates its product offerings to include new instruments based on market demand and trading trends. Retail trading services are complemented by the option for institutional clients to engage in larger-scale trading operations.
Trade Fair Forex Broker provides access to the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. Both platforms are well-regarded in the trading community for their user-friendly interfaces and advanced analytical tools. MT5, being the more recent version, offers additional features such as more timeframes and technical indicators.
The broker also offers a web-based trading platform, allowing clients to trade without downloading software. For mobile trading, Trade Fair supports applications for both iOS and Android devices, enabling traders to manage their accounts on the go.
Trade execution is facilitated through an ECN (Electronic Communication Network) model, which connects traders directly to liquidity providers, ensuring competitive pricing and fast order execution. The broker's servers are strategically located to optimize trade execution speed and reliability.
Moreover, Trade Fair supports API access for automated trading, allowing tech-savvy traders to integrate their trading systems with the brokers platform.
Trade Fair Forex Broker offers several account types to cater to different trading needs:
The broker provides a demo account option for new traders to practice without risking real funds. Leverage ratios can reach up to 1:400, allowing traders to amplify their exposure in the market.
Trade Fair also has policies in place regarding overnight fees, which are applicable for positions held beyond the trading day.
Trade Fair Forex Broker supports a variety of deposit methods, including:
The minimum deposit requirement varies by account type, with the standard account starting at £100. Deposits are processed quickly, typically within one business day, and there are no fees for deposits made via bank transfer or credit card.
Withdrawals can be made through the same channels, but clients should be aware of potential processing times which can take up to 3-5 business days. The broker maintains transparency regarding withdrawal limits and fees, ensuring that clients are informed before initiating transactions.
Trade Fair Forex Broker provides comprehensive customer support through multiple channels, including:
Support is available during business hours, covering major time zones to assist a global clientele. The broker offers services in multiple languages, enhancing accessibility for non-English-speaking clients.
In terms of educational resources, Trade Fair provides a range of materials, including:
Additionally, clients receive access to market analysis services, which include daily updates, news, and research reports to help inform their trading decisions. Various trading tools, such as calculators and economic calendars, are also available to assist traders in managing their activities.
Trade Fair Forex Broker primarily serves clients in the UK and Europe, with a growing presence in other international markets. The broker has regional offices to support its operations, enhancing its ability to cater to local clients.
However, Trade Fair does not accept clients from certain jurisdictions, including the United States and countries with strict regulations against forex trading. Specific restrictions apply based on local laws, and potential clients are encouraged to check their eligibility before attempting to open an account.
In conclusion, Trade Fair Forex Broker stands out as a reputable option for traders seeking a regulated environment with a diverse range of trading products and robust support services. The broker's commitment to compliance and customer service further enhances its appeal in the competitive forex market.