TRADE.com Review – Can you trade crypto?

TRADE.com Overview
TRADE.com logo

Product Name: TRADE.com

Product Description: Bitcoin, Ether, XRP, and other altcoins, continue to dominate the crypto market, and due to their popularity, flows are generating solid price action movements, an environment where short-term trading is one of the approaches to consider. Retail CFD traders can take advantage of such conditions, thanks to the features offered by brands like TRADE.com.

Brand: TRADE.com

Offer URL: www.trade.com

[ More ]

  • Trading Platform
  • Assets
  • Accounts
  • Customer Support
4.8

Summary

TRADE.com continues to show the same customer-oriented approach and makes constant improvements to its trading offer.

CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.8% % of retail investor accounts lose money when trading CFDs and spread bets with this provider. You should consider whether you understand how CFDs and spread bets work and whether you can afford to take the high risk of losing your money.

Pros

  • Regulated brand
  • Three different platform
  • Tight spreads for crypto

Cons

  • USA customers not allowed
  • Trading Central not available for all customers

TRADE.com Introduction

Bitcoin, Ether, XRP, and other altcoins, continue to dominate the crypto market, and due to their popularity, flows are generating solid price action movements, an environment where short-term trading is one of the approaches to consider. Retail CFD traders can take advantage of such conditions, thanks to the features offered by brands like TRADE.com. 

A trade name operated by Trade Capital Markets (TCM) Ltd and Livemarkets Limited, it is regulated by multiple agencies, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Financial Conduct Authority (FCA) in the United Kingdom. 

TRADE.com logo

TRADE.com Trading Platforms

Cryptocurrency CFDs trading should be dealt with using optimized trading platforms, something that TRADE.com had already considered. WebTrader is mobile compatible, integrates over 2,100 assets, and comes in hand with a series of built-in tools like:

  • Events & Trade
  • Trading Central
  • Traders Trends
  • Trending Now

In a volatile environment, risk management is crucial and WebTrader has several tools that can help traders keep their exposure under control. 

Some traders are accustomed to software developed by MetaQuotes and aware that TRADE.com has already covered MetaTrader 4 and MetaTrader 5. All three platforms can be used on any type of device, including mobile, regardless of the operating system. 

TRADE.com Cryptocurrency Coverage

Traders wanting to get involved in the cryptocurrency space, can use a series of CFDs based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Ripple, denominated in USD. This means they can take advantage of enhanced liquidity conditions with tight spreads and no commission. To show that risk management is important, the maximum leverage when trading crypto with TRADE.com is currently capped at 1:2. 

Diversification has been the keyword among investors and traders for the past year and the ability to trade crypto on top of other leading asset classes can create a whole new range of opportunities for the TRADE.com customers. 

TRADE.com CFD trading accounts

TRADE.com Payment Options

Enabling customers to fund their accounts in a variety of ways, the TRADE.com payment options include a long list of systems that have been used for many years and benefit from good feedback. Based on country of residence, each trader can make a payment using Giropay, PayPal, Safetypay, Sofort, Trustly, Skrill, Neteller, or even fast bank wire transfers. 

TRADE.com payment options

Especially for withdrawals, traders need to consider any fee that might be associated with the transaction, as well as the minimum amounts required to get it approved if it’s necessary. 

The Bottom Line

After many years of operating in the retail brokerage industry, TRADE.com accumulated a lot of knowledge and knows how to satisfy customers. The inclusion of crypto CFDs in its asset list shows flexibility and willingness to adapt to new market trends. Cryptocurrencies CFDs are volatile instruments, but with the right tools, traders can learn how to deal with them. TRADE.com continues to show the same customer-oriented approach and makes constant improvements to its trading offer.

CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.8% % of retail investor accounts lose money when trading CFDs and spread bets with this provider. You should consider whether you understand how CFDs and spread bets work and whether you can afford to take the high risk of losing your money.

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