Company profile
General Information & Regulation TradeApp (www.tradeapp.com) is a registered EU trademark (no. 018031349) exclusively used as a brand name of Depaho Ltd, a registered Cyprus Investment Firm regulated by CySEC with license no. 161/11 and authorised by the FSCA with license no. 47709 and with an established branch in Spain with registration no. 123 under the CNMV. Market Instruments TradeApp offers investors a range of CFD instruments, including Forex currency pairs, commodities, indices, stocks, exchange-traded funds, and cryptocurrencies. TradeApp Minimum Deposit TradeApp offers five investment plans for retail clients: Starter Plan (asset level: $250-$1,000), Silver Plan (asset level: $1,000-$2,000), Gold Plan (asset level: $2,000-$5,000), Gold Plus Plan (asset level: $5,000-$1,000), Ninja Plan (asset level: $10,000+). However, the minimum deposit for starting with TradeApp is $5, which sound a good option for traders to get started. TradeApp Leverage In terms of tarding leverage, the maximum leverage is up to 1:30 for major currency pairs, 1:20 for gold, major indices, minor currency pairs, 1:5 for single stock trades, 1:2 for exchange traded funds and 1:2 for cryptocurrency CFDs. Spreads & Commissions The spread on the TradeApp platform is 4 pips for EURUSD and 4 pips for EURGBP, which is well above the industry standard. The Starter plan gets a 10% spread and SWAP discount, and the Silver plan gets a 15% spread and SWAP discount. The Gold account gets a 25% spread and SWAP discount, the Gold Plus account gets a 35% spread and SWAP discount, and the Ninja plan gets a 45% spread and SWAP discount. TradeApp Trading Platform TradeApp provides traders with an in-house trading software rather than the most popular MT4/MT5 trading platforms. Deposit & Withdrawal TradeApp supports traders to deposit and withdraw funds to and from their investment accounts via various payment methods, such as VISA, MasterCard credit/debit cards, PayPal, Skrill, Neteller, Rapid Transfer wire transfer, etc. TradeApp Pros & Cons TradeApp Advantages include: 1. CySEC regulation 2. Easy product enrichment 3. 24/7 customer support 4. Different investment plans 5. Multiple deposits and withdrawal methods TradeApp Disadvantages include: 1. High minimum initial deposit requirements 2. Non-MT4/MT5 trading platform 3. High spreads & high transaction costs