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TradeDirect365 Forex broker specializes in providing foreign exchange trading services, the company's official website https://tradedirect3..., the company's legitimate regulatory information AustraliaASICMarket Maker (MM) to enhance the security of the company's address Level 17, 123 Pitt Street, Sydney, NSW 2000.

TradeDirect365 Forex Broker

Basic Information

Registered Region

Australia

Operating Period

Company Name

Trade Nation Australia Pty Ltd

Abbreviation

TradeDirect365

Company employee

Company Website

https://tradedirect365.com.au/

Company address

Level 17, 123 Pitt Street, Sydney, NSW 2000.

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

TradeDirect365 Review Summary Company Name Trade Nation Australia Pty Ltd Founded 2014 Registered Country/Region Australia Regulation ASIC (Suspicious Clone) Market Instruments Commodities, Cryptocurrencies, Indices, Stocks, Forex Demo Account Yes Leverage 1:200 (Pro Account) Spread 0.4 pips (AUD/USD), 0.9 pips (Australia 200 & Germany30), 0.6 pips (UK100) Commission No Commission Charged for Indices, Cryptos, Commodities and FX; Commission Charged for Stocks (Trade ASX stocks from $5 or 0.07% commission (above $7,150 notional) Trading Platform MT4 and CloudTrade CFD Platform Minimum Deposit N/A Customer Support 24/5 - Tel: +61 2 8310 4713(outside)/1800 886 514(local), Email: support@TradeDirect365.com.au, Live Chat Company Address Level 17, 123 Pitt Street, Sydney, NSW 2000, Australia What Is TradeDirect365？ TradeDirect365, operated by Trade Nation Australia Pty Ltd, is an Australian-based brokerage firm established in 2014. The company's regulatory status with ASIC is labeled as “Suspicious Clone,” indicating potential concerns about its regulatory compliance. The company is located at Level 17, 123 Pitt Street, Sydney, NSW 2000, Australia. Pros & Cons Pros Cons Live Chat Available Suspicious Clone Regulatory License MT4 Supported Tight Spreads Demo Account Offered Pros: Live Chat Available: TradeDirect365 offers live chat support, providing immediate assistance and enhancing customer service accessibility. MT4 Supported: TradeDirect365 supports MetaTrader 4 (MT4), a widely used and popular trading platform known for its advanced features and functionality. Tight Spreads: The spreads offered by TradeDirect365 are tight and competitive (0.4 pips (AUD/USD), 0.9 pips (Australia 200 & Germany30), 0.6 pips (UK100)), which can be very cost-saving for traders. Demo Account Offered: TradeDirect365 offers a demo account, allowing traders to practice trading strategies and familiarize themselves with the platform before committing to real funds. Cons: Suspicious Clone Regulatory License: TradeDirect365's regulatory license has been flagged as suspicious, potentially raising concerns about the reliability and oversight of the broker. Is TradeDirect365 Safe or Scam？ Regulatory Sight: TradeDirect365's regulatory status with the Australia Securities & Investment Commission (ASIC) is marked as “Suspicious Clone.” This designation raises concerns about the legitimacy and authenticity of the broker's regulatory license. The license type listed is Market Making (MM), with license number 422661, indicating TradeDirect365's role in facilitating trading activities. User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums. Security Measures: All client-deposited funds of TradeDirect365 are held in segregated accounts with a top-tier Australian bank, Westpac Bank, ensuring they are not used for hedging or other business purposes. These segregated accounts comply with Australian client money regulations, providing clients with assurance that their funds are protected and not exposed to any operational or trading risks associated with TradeDirect365's business activities. Market Instruments TradeDirect365 offers a diverse range of trading products, catering to various investment preferences and strategies. These include commodities, cryptocurrencies, indices, stocks, and forex. With access to commodities, traders can engage in the dynamic markets for precious metals, energies, agricultural products, and more. Cryptocurrency enthusiasts can trade popular digital assets like Bitcoin, Ethereum, and Ripple. Indices provide exposure to broader market trends, allowing traders to speculate on the performance of stock market indices worldwide. Stocks enable investors to directly participate in the equity markets of leading companies. Additionally, the forex market offers opportunities to trade currency pairs, facilitating speculation on global exchange rate fluctuations. Account Types Demo Account: The Demo Account is a risk-free option for traders to practice trading strategies and familiarize themselves with the TradeDirect365 platform. It provides access to virtual funds and allows users to trade under real market conditions without risking their capital. Traders can experience the trading environment, test different instruments, and hone their skills before transitioning to live trading. Pro Account: The Pro Account is designed for experienced traders who qualify as professional clients under the Australian Securities and Investment Commission (ASIC) rules. Pro clients enjoy benefits such as access to monthly rebate programs, higher leverage options, and a margin close-out level of 20%. However, becoming a Pro Client entails losing certain protections available to retail clients, such as negative balance protection and access to trade US stocks. Eligibility for the Pro Account is determined through two tests: the Sophisticated Investor Test and the Wealth Test, each with specific criteria regarding trading experience, financial assets, and income levels. As long as users satisfy the requirement of one of the two tests, they could be eligible for a TradeDirect365 Pro account. Prospective Pro Account holders must complete an application process and provide relevant documentation to demonstrate their eligibility. Spreads & Commissions Instrument Spread (Fixed) Australia 200 (AUS200) 0.9 pips Germany 30 (GER30) UK 100 0.6 pips AUD/USD 0.4 pips TradeDirect365 provides traders with tightfixed spreads, allowing higher transparency and predictability in trading costs. The spreads offered by TradeDirect365 are lower than the industry average(which is about 1.5 pips), making them relatively competitive. As for commissions, TradeDirect365 does not charge any for trading indices, cryptocurrencies, commodities, and forex (FX). However, for stock trading, a commission is applied. When trading ASX (Australian Securities Exchange) stocks, traders are charged a commission starting from $5 or 0.07% of the trade value, whichever is higher, for trades above $7,150 notional. This commission structure provides a certain level of transparency and allows traders to know exactly what costs they will incur when executing stock trades. Trading Platforms TradeDirect365 offers two trading platforms to cater to the diverse needs of traders: CloudTrade and MetaTrader 4 (MT4). CloudTrade: CloudTrade is TradeDirect365's web-based and app-based CFD trading platform, providing access to thousands of markets, including indices, FX, stocks, commodities, and cryptocurrencies. It offers tight fixed spreads 24/5, ensuring competitive pricing for traders. The platform is user-friendly and accessible via web browsers and mobile apps, making it convenient for traders to access the markets anytime and anywhere with internet connectivity. CloudTrade is equipped with various features such as live pricing, trading charts, order types, account history, and real-time market data to assist traders in making informed trading decisions. MetaTrader 4 (MT4): MetaTrader 4 (MT4) is a widely recognized and popular trading platform known for its comprehensive features and flexibility. TradeDirect365's MT4 platform offers tight variable spreads and low commissions across indices, commodities, and FX markets. MT4 comes with advanced trading tools, including Expert Advisors (EAs), allowing traders to automate their trading strategies based on predefined parameters. The platform is available for download on PC, Mac, and mobile devices, providing traders with the flexibility to trade from their preferred devices. MT4's compatibility with various operating systems makes it a versatile choice for traders seeking a robust and feature-rich trading platform. From the comparison table below, you can compare the differences between these two trading platforms by yourself, and decide which one to choose according to your needs. Deposit & Withdrawal TradeDirect365 offers multiple payment methods for depositing and withdrawing funds: Bank Transfer/Wire:Traders can deposit and withdraw funds using bank transfers or wires. This method allows for secure transactions directly between the trader's bank account and the TradeDirect365 trading account. It takes a few business days for the funds to be processed and reflected in the trading account. Credit or Debit Card (AUD deposits only):TradeDirect365 accepts credit and debit card payments for deposits in Australian Dollars (AUD) only. Traders can use their Visa or Mastercard to fund their trading accounts instantly. However, it's essential to note that withdrawals to credit or debit cards may not always be available, and alternative withdrawal methods may need to be used. Poli:Poli is an online payment method widely used in Australia and New Zealand. Traders can securely transfer funds from their bank accounts to their TradeDirect365 trading accounts in real time using Poli. It offers a convenient and straightforward payment option for Australian traders. Transferwise:Transferwise is a global money transfer service that allows traders to deposit and withdraw funds in various currencies. It offers competitive exchange rates and low fees, making it an attractive option for international traders. Traders can transfer funds from their Transferwise accounts directly to their TradeDirect365 trading accounts, providing a seamless and cost-effective way to manage their funds. Customer Support Availability: The Customer Support team is available 24/5, from Monday 7 am to Saturday at 7 am (GMT). This ensures that traders can reach out for assistance during most trading hours, providing prompt support when needed. Contact Options: Traders can contact the Customer Support team via multiple channels - Telephone: +61 2 8310 4713(outside)/1800 886 514(local); Email: support@TradeDirect365.com.au; Live Chat. Telephone support is available with both local and international numbers, offering accessibility for traders worldwide. Additionally, traders can reach out via email to address any non-urgent inquiries or issues. The live chat feature offers real-time assistance for immediate support and resolution of queries. Physical Address: TradeDirect365 provides transparency by listing its company address, located at Level 17, 123 Pitt Street, Sydney, NSW 2000, Australia. This allows traders to have confidence in the legitimacy and accessibility of the brokerage. Conclusion TradeDirect365 offers a comprehensive trading experience with its diverse range of market instruments, tight spreads, and user-friendly trading platforms. However, concerns about its regulatory status and the need for improvement in customer support transparency remain. Traders should carefully consider these factors when choosing TradeDirect365 as their brokerage. Frequently Asked Questions (FAQs) Q: What trading platforms does TradeDirect365 offer？ A: TradeDirect365 offers two trading platforms: CloudTrade and MetaTrader 4 (MT4). Q: Are there any commissions charged for trading indices？ A: No, TradeDirect365 does not charge any commissions for indices trading. Q: Is there any commission charged？ A: Yes, if you would like to participate in trading stocks, there will be a commission starting from $5 or 0.07% of the trade value, whichever is higher, for trades above $7,150 notional. Q: Does TradeDirect365 offer a demo account？ A: Yes, it does. Q: Is the customer support available on Sunday？ A: No, it is not. The Customer Support team at TradeDirect365 is available 24/5, from Monday 7 am to Saturday at 7 am (GMT). Q: Is TradeDirect365 regulated or not？ A: Yes, it is. However, the regulatory license of TradeDirect365 is suspected to be a clone. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

TradeDirect365 broker review

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How to login to TradeDirect365?

Tradedirect365 Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Tradedirect365 Account To begin your trading journey with Tradedirect365, the first step is to register for an account. The registration process is strai

Tradedirect365 Forex Broker - Complete Information Guide

1. Broker Overview

　　Tradedirect365, also known as TD365, is an Australian online brokerage firm founded in 2014 by a professional trader, Davin Clarke. The company is headquartered in Sydney, Australia, and operates under the legal entity Finsa Pty Ltd. As a privately held company, Tradedirect365 primarily serves retail traders, offering them access to a variety of financial instruments, including Forex, CFDs, commodities, and cryptocurrencies.

　　Since its inception, Tradedirect365 has aimed to provide a user-friendly trading environment with competitive pricing and transparent trading conditions. The broker has achieved significant milestones, including the introduction of its proprietary trading platform, Cloud Trade, which allows traders to execute trades with fixed spreads and no commission on most instruments. The firm also provides access to the widely-used MetaTrader 4 (MT4) platform, catering to both novice and experienced traders.

　　Tradedirect365 operates with a business model focused on retail Forex trading and CFD trading, allowing clients to trade a wide range of assets without the burden of high fees. The company has built a reputation for its commitment to customer service and the security of client funds, which are held in segregated accounts with leading banks.

2. Regulation and Compliance Information

　　Tradedirect365 is regulated by the Australian Securities and Investments Commission (ASIC), holding the license number AFSL 422661. ASIC is known for its stringent regulatory standards, ensuring that brokers operate transparently and protect clients' interests. The broker also adheres to the regulations set forth by the Securities Commission of the Bahamas (SCB), providing an additional layer of security for its clients.

　　The regulatory licenses granted to Tradedirect365 cover various aspects of its operations, including the protection of client funds through segregation. Client funds are held in separate accounts, ensuring that they are not used for the broker's operational expenses. Furthermore, Tradedirect365 participates in investor compensation schemes, safeguarding traders in case of broker insolvency.

　　Tradedirect365 complies with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to verify their identity and source of funds during the account opening process. This commitment to compliance enhances the overall security of the trading environment.

3. Trading Products and Services

　　Tradedirect365 offers a diverse range of trading products, primarily focused on Contracts for Difference (CFDs). Traders can access over 500 instruments across various asset classes, including:

Forex: Tradedirect365 provides access to more than 30 currency pairs, including major pairs like EUR/USD, GBP/USD, and AUD/USD.
CFDs on Indices: The broker offers trading on popular indices such as the ASX 200, Wall Street 30, UK 100, and Germany 30.
Commodities: Traders can speculate on the prices of commodities like gold, silver, oil, and other agricultural products.
Stocks: Tradedirect365 provides access to 400+ Australian stocks, as well as stocks from the US and European markets.
Cryptocurrencies: The broker offers trading on popular cryptocurrencies like Bitcoin and Ethereum.

　　One unique feature of Tradedirect365 is its single currency trading option, allowing clients to trade in their base currency without incurring conversion fees, regardless of the asset being traded. This feature enhances cost efficiency and simplifies account management.

4. Trading Platforms and Technology

　　Tradedirect365 supports two main trading platforms: MetaTrader 4 (MT4) and its proprietary platform, Cloud Trade.

　　MetaTrader 4 (MT4): This widely-used platform is favored by many traders for its advanced charting capabilities, technical indicators, and automated trading features through Expert Advisors (EAs). MT4 is available on desktop, web, and mobile devices, providing flexibility for traders to access their accounts anywhere.
　　Cloud Trade: This proprietary platform is designed with an intuitive interface, making it user-friendly for both beginners and experienced traders. It offers fixed spreads, lower commission fees, and the ability to trade a wide range of instruments, including stocks and cryptocurrencies. The platform is accessible via web browsers and mobile apps, ensuring traders can manage their accounts on the go.

　　Tradedirect365's trading infrastructure is built on advanced technology, allowing for fast execution speeds and reliable performance. The broker also offers API access for automated trading, catering to traders who prefer algorithmic strategies.

5. Account Types and Trading Conditions

　　Tradedirect365 offers several account types to cater to different trading needs:

　　Standard Account: This account type has no minimum deposit requirement and offers competitive trading conditions, including fixed spreads and no commission on most trades. The minimum trade size is 0.01 lots.
　　Pro Account: Designed for more experienced traders, this account type provides higher leverage (up to 1:200) and lower margin close-out levels. However, it does not offer negative balance protection.
　　Demo Account: Tradedirect365 provides a demo account for traders to practice without financial risk. The demo account is preloaded with virtual funds, allowing users to explore the platform and develop their trading strategies.

　　The leverage offered by Tradedirect365 varies by asset class, with retail clients able to access leverage up to 1:30 for Forex trading. The broker's transparent pricing structure includes tight fixed spreads, starting from 0.6 pips for major currency pairs.

6. Fund Management

　　Tradedirect365 offers a range of deposit and withdrawal methods to facilitate easy fund management.

　　Deposit Methods: Clients can fund their accounts via bank transfer, credit/debit cards (Visa and Mastercard), and online payment services such as Poli and TransferWise. The minimum deposit requirement is just $1, making it accessible for all traders.
　　Withdrawal Methods: Withdrawals can be made through bank wire transfers only, with a processing fee of AUD 15. The broker aims to process withdrawal requests promptly, typically within one business day for Australian residents.

　　Deposits for international clients may take 3 to 5 business days to process, depending on the bank and country of origin. All payments must be made in Australian dollars (AUD), which may incur currency conversion fees for clients depositing in other currencies.

7. Customer Support and Educational Resources

　　Tradedirect365 provides robust customer support to assist clients with their trading needs.

　　Support Channels: Clients can reach the support team via email, phone, and live chat. The support is available 24/5, from Sunday 10 PM to Friday 10 PM (UK time), ensuring traders can get assistance when needed.
　　Educational Resources: The broker offers a range of educational materials, including video tutorials on platform usage, trading strategies, and market analysis. Additionally, a glossary of trading terms is available to help beginners familiarize themselves with key concepts.

　　Tradedirect365 also provides market analysis services, offering insights into market trends and trading opportunities, which can be beneficial for traders looking to enhance their trading strategies.

8. Regional Coverage and Restrictions

　　Tradedirect365 primarily serves clients in Australia, but it also accepts traders from various countries around the world. However, the broker does not accept clients from the United States, Japan, China, and some other jurisdictions due to regulatory restrictions.

　　The company has established regional offices to provide localized support, but the majority of its operations are based in Australia. Traders should verify their eligibility to open an account based on their country of residence before proceeding.

　　In summary, Tradedirect365 is a regulated broker that offers a wide range of trading products and services, competitive pricing, and a user-friendly trading environment. With its focus on customer support and educational resources, it aims to cater to both novice and experienced traders looking for a reliable trading platform. The unique features, such as single currency trading and fixed spreads, further enhance its appeal in the competitive brokerage landscape.

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