Tradero 1931176943 Basic Information Registered Countries The Marshall Islands Regulation No License Minimum Deposit $250 Maximum Leverage 1:100 Minimum Spread From 0.0 pips Trading Platform Webtrader Trading Assets Forex, Digital Currencies, Indices, Shares, Commodities Payment Methods MasterCard, Maestro, Bank Wire, Bitcoin Customer Support Email, Telephone support General Information Tradero is an offshore broker registered in the Marshall Islands, giving their clients access to a series of trading instruments, including Forex, Digital Currencies, Indices, Shares, Commodities. With the Tradero platform, investors are given the flexibility of choosing from three types of trading accounts, Standard, Professional and Elite accounts, with the minimum deposit to open an account starting at $250. Tradero is an online broker registered in the Marshall Islands, and it is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.12/10. Please be aware of the risk. Account Types Standard accounts, Professional accounts and Elite accounts are available options for both retail and professional clients. The minimum deposit amount specifies the account type, with the Standard account from $250, the Professional account from $500, the Elite account from $1,000. Some premium account services, such as real-time data, financial market news, stop-loss/take profits, multi-currency for funding account are available. Spreads & Commissions Tradero offers a zero-commission trading environment, with spreads calculated only. Believe or not, spreads offered by Tradero is also extremely competitive, with the Standard accounts from 0.13 pips, the Professional account from 0.1 pips, the Elite account from 0.0 pips. with no demo accounts provided, we were unable to verify this. Leverage When it comes to leverage, Tradero provides its customers with access to 1:100, which is greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada. Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10. Trading Platform What Tradero provides is not the MT4 OR MT5 trading platform, the Tradero Webtrader instead. Aside from the trading platform, some trading tools are also provided to help clients quickly acquaint themselves with the forex trading, including Trading Analysis, Trading ways, Strategies, Economic Calendar, as well as Calculator. Payment Methods The minimum deposit is $250, and clients can make a deposit through limited payment methods, including MasterCard, Maestro, Bank Wire, Bitcoin. The minimum withdrawal amount is $100, and withdrawal methods must be the same as deposit methods. Tradero says it does not charge any fees for deposit or withdrawals. Customer Support If you have any inquiries or trading-related issues, you can first go to the FAQ section where you may find some useful information and if you need staff service, you can either call this broker at +4433000013131 or send them an email through support@tradero.co. Registered Address: Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960. Risk Warning Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience. The information presented in this article is intended solely for reference purposes. Pros & Cons Pros Cons Flexible trading account options No regulation Competitive trading costs Unfriendly minimum deposit for basic accounts Generous leverage up to 1:100 No MT4 or MT5 trading platform Trading tools provided No demo accounts available Frequently Asked Questions What items can I trade with on Tradero？ Tradero offers access to Forex, Digital Currencies, Indices, Shares, Commodities. What is the minimum/maximum amount that I can deposit/withdraw？ The minimum deposit for a standard account is $250, and the minimum withdrawal requirement is $100 or the equivalent. What is the maximum leverage available？ The maximum trading leverage that is available on the Tradero platform is up to 1:100. When are swaps calculated？ A swap is the cost of running position from one day to the next. The swap fee varies depending on the market you are trading. The swap fee is applied if you hold your order open after the daily rollover point, which is 00:00 server time and known in forex trading as “tomorrow next”.