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TradeApp Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.tradeapp..., the company's legitimate regulatory information CyprusCYSECMarket Maker (MM), South AfricaFSCAFinancial Service Corporate to enhance the security of the company's address Arch. Makariou Ill, 66, Cronos Court, 8th Floor, Office 82, 1070, Nicosia, Cyprus

TradeApp Forex Broker

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
Spartum Tech Limited
Abbreviation
TradeApp
Company employee
--
Customer Service Email Address
support@tradeapp.com
Contact Number
+447418375815
Company address
Arch. Makariou Ill, 66, Cronos Court, 8th Floor, Office 82, 1070, Nicosia, Cyprus
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk

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

TradeApp broker review

Is TradeApp safe or scam

Rating Index

MASTER

Minimum Deposit
$50K

ADVANCED

Minimum Deposit
$25k
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TradeApp Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.28, Software Index 4.00 Risk Control Index 0.00.