Traze Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.traze.com/en/reg/live, the company's legitimate regulatory information United KingdomFCAStraight Through Processing(STP),South AfricaFSCAFinancial Service Corporate, to enhance the security of the company's address Room 2, Green Corner Building, Providence Industrial Estate, Mahe, Seychelles..
Traze Forex Broker
Basic information
United Kingdom
2-5 years Regulated in United Kingdom Regulated in South Africa Straight Through Processing(STP) Financial Service Corporate White label MT4 Global Business Suspicious Overrun Medium potential riskCompany profile
TRAZE Information
TRAZE is a FCA-licensed broker. The tradable instruments with a maximum leverage of 1:2000 include forex, commodities, shares, cryptocurrencies, metals, and indices. The broker also provides two accounts, including STP Trading and ECN Trading. The minimum spread is from 0.2 pips and the minimum deposit is $50. Traders can also access the MT4 trading platform through TRAZE.
Pros and Cons
| Pros | Cons |
| Regulated | No specific transfer method |
| Leverage up to 1:2000 | No specific transfer time and fee information |
| 24/5 customer support | Unclear swap fee |
| Spread as low as 0.2 | |
| Demo account available | |
| MT4 unavailable |
Is TRAZE Legit?
FSCA regulates TRAZE with license number 48248, but its current status is General Registration. FCA also regulates TRAZE under license number 768451 and the Straight Through Processing(STP) type.
What Can I Trade on TRAZE?
TRAZE offers over 120 market instruments, including forex, commodities, shares, cryptocurrencies, metals, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
TRAZE has two account types: STP Trading and ECN Trading. Traders who want low spreads can choose an ECN Trading account, while those with a small budget can open an STP Trading account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
| Account Type | STP Trading | ECN Trading |
| Minimum Deposit | ≥$50 | ≥$200 |
| Minimum FX Spread | 1.3 | From 0.2 |
| Maximum Leverage | 1:2000 | 1:2000 |
| Standard Lot Contract Units (FX) | 100000 | 100000 |
| Stop-Out Level | 30% | 50% |
| Minimum Trade Size (Standard Lot) | 0.01 | 0.01 |
| Maximum single order in Standard Lots | 30 | 50 |
TRAZE Fees
The spread is from 0.2. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.
Trading Platform
TRAZE provides the Traze Mobile Application and the authoritative MT4 trading platform available in iOS, Android, Windows, and Mac. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems. In addition, Copy-Trading Platform can save time customizing trading strategies
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | iOS/Android/Windows/Mac | Junior traders |
| Traze Mobile Application | ✔ | Mobile | - |
Deposit and Withdrawal
The minimum deposit is $50. However, transfer processing times, methods, and associated fees are unknown.
Rating Index
ECN
STP
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Latest Reviews
FX1102284505
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The trading experience is very good, and the deposit and withdrawal speed is very fast. It is my favorite broker at present.
Positive
02-14
TradeMax11
United States
It offers solid trading conditions and their support team is really on the ball. However, the withdrawal times could be faster
Positive
2024-06-21
FX1113810591
India
This forex broker stands out for its exceptional service and reliability. The platform is user-friendly, offering a seamless trading experience with advanced tools and real-time data. Their customer support is highly responsive, providing prompt assistance whenever needed. Competitive spreads and low transaction costs make it an attractive choice for both novice and experienced traders. The broker also offers a wide range of educational resources, helping users to enhance their trading skills. Overall, it’s a trustworthy and efficient broker that prioritizes client satisfaction and success in the forex market. Highly recommended!
Positive
02-17