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TradeVille Broker Review

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TradeVille Review 1

Latest All(1) Positive(1)
Positive

TradeVille's website is all in Romanian, and I can't read a word of it. What's worse is that this company does not have any regulatory license. Isn't it too dangerous to trade here rashly?

谦仔Sanvy
2023-03-08

  

TradeVille 2025 Review: Everything You Need to Know

  Summary: TradeVille has established itself as a leading brokerage in Romania, offering a wide range of trading instruments and competitive conditions. However, its regulatory status raises concerns among potential users. Key features include no minimum deposit requirements and access to over 4,700 assets, but users should be aware of the higher-than-average trading fees and limited customer support hours.

  Notice: It is essential to note that TradeVille operates under different entities across regions, which can impact regulatory protections and user experiences. This review aims for fairness and accuracy by consolidating information from various sources.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 6.5
Tools and Resources 7.0
Customer Service and Support 5.0
Trading Settings (Experience) 6.0
Trustworthiness 4.0
User Experience 5.5
Overall 5.5

  How We Score Brokers: Our scoring is based on a comprehensive analysis of user experiences, expert opinions, and factual data from multiple sources.

  

Broker Overview

  Founded in 1996, TradeVille is one of Romania's pioneering online brokers, initially known as Vanguard SA. It operates under the oversight of the Romanian Financial Supervisory Authority (ASF), although its regulatory status has been questioned due to varying international standards. TradeVille offers a proprietary trading platform and supports trading in stocks, bonds, ETFs, and CFDs across numerous international markets. Users can access the platform through both web and mobile applications, but it does not support MetaTrader 4 or 5.

  

Detailed Breakdown

  

Regulatory Regions

  TradeVille is primarily regulated in Romania by the ASF, which oversees its operations. However, the broker is not classified under Tier-1 regulations, raising concerns about the level of investor protection compared to brokers regulated by authorities like the FCA or ASIC.

  

Deposit/Withdrawal Currencies

  TradeVille supports deposits and withdrawals in multiple currencies, including EUR, USD, and RON. Users can fund their accounts via bank transfers or credit/debit cards, but they should be cautious about potential fees depending on the method chosen.

  

Minimum Deposit

  There are no minimum deposit requirements to open a TradeVille account, making it accessible for new traders. This feature allows users to start trading with any amount, which is a significant advantage for beginners looking to explore the market.

  

Bonuses/Promotions

  TradeVille does not appear to offer any significant bonuses or promotions, which is a common practice among many brokers. Users should be aware that the lack of promotional offers may limit their initial trading capital.

  

Tradable Asset Categories

  The broker provides access to a diverse range of trading instruments, including over 4,700 assets from various categories such as stocks, bonds, indices, ETFs, and CFDs. This extensive selection allows traders to diversify their portfolios effectively.

  

Costs (Spreads, Fees, Commissions)

  TradeVille's trading fees are considered higher than average, particularly for international instruments. For example, the commission for trading Romanian stocks ranges from 0.20% to 0.65%, with a minimum fee of 1.9 RON per order. The spreads start from 0.6 pips for CFDs, but traders should be aware of additional costs associated with international assets.

  

Leverage

  The maximum leverage offered by TradeVille is 1:400, which can significantly amplify potential returns. However, users should exercise caution, as high leverage also increases the risk of substantial losses.

  

Allowed Trading Platforms

  TradeVille provides a proprietary trading platform that is accessible via web and mobile apps. Unfortunately, it does not support popular platforms like MetaTrader 4 or 5, which may limit some traders' preferences.

  

Restricted Regions

  While TradeVille primarily caters to clients in Romania and select European countries, it does not accept clients from the UK, the US, and Canada. This restriction may limit its appeal to a broader audience.

  

Available Customer Support Languages

  Customer support is available in Romanian and English, but users have reported limited availability, particularly during evenings and weekends. This could pose challenges for traders needing assistance outside of regular business hours.

  

Ratings Overview (Revisited)

Category Rating (out of 10)
Account Conditions 6.5
Tools and Resources 7.0
Customer Service and Support 5.0
Trading Settings (Experience) 6.0
Trustworthiness 4.0
User Experience 5.5
Overall 5.5

  

Detailed Breakdown (Revisited)

  •   Account Conditions: TradeVille offers no minimum deposit, making it accessible for new traders. However, the lack of multiple account types may not suit all trading styles.

  •   Tools and Resources: The platform provides a range of analytical tools and educational resources, enhancing the trading experience for users.

  •   Customer Service and Support: While the support team is generally competent, the limited hours and language options may hinder user satisfaction.

  •   Trading Settings (Experience): Users have reported a functional trading experience, but the absence of MetaTrader platforms may disappoint some traders.

  •   Trustworthiness: The regulatory status of TradeVille is a concern, as it lacks Tier-1 regulation and has received mixed reviews regarding its trustworthiness.

  •   User Experience: Overall user feedback is mixed, with some praising the platform's functionality while others express concerns about customer service and fees.

  •   In conclusion, TradeVille 2025 Review highlights a broker with a solid foundation in Romania's trading landscape but also emphasizes the need for potential users to weigh the risks associated with its regulatory status and fee structure.

TradeVille review