Trade.com FX, CFD & Pure STP Stock Broker Review [2019]

Trade.com Review: With 2100+ Tradeable Assets, Stocks, Bonds, FX, Commodity & Indices CFD's + A DMA Stocks Account For Beneficial Ownership.

REVIEW BREAKDOWN
Selection of Trading Instruments (Forex, Shares, Indices, Crypto)
Trading Platform (Web Trader & MetaTrader 4)
Direct Market Access Via ECN & STP
Regulation & Investor Protection
Spread & Leverage
Customer Service & Support

 

Recommended Free Stock Trading Broker

Visit Trade.com

Trade.com & parent company Leadcapital Markets are a relatively new CFD broker and has been around since 2013. Based in Cyprus, Europe, Trade.com are focused on enabling their clients access to a broad selection of tradeable market assets while using the best platforms around, Webtrader, MT4 & MT5 for pure stock trading.  Straight Through Processing (STP) on the live stocks account also means direct market access, lightning quick execution and no conflict of interest.

Trade.com Review SummaryPro’sCon’s
FPA Rating: N/A★ Retail & Pro CFD Accounts min balance $100✘ ZuluTrade or MyFXBook
TrustPilot Score: N/A★ Live Stocks Account – STP Direct Stock Ownership
★ MT4, MT5 & Webtrader
Open An Account★ 2000+ Stocks & ETFs
Risk Warning: 71.36% of retail investor accounts lose money when trading CFDs with this provider.★ Bonds, Fx, Commodities

 

Broker Ratings & Reputation

Trusting the broker you are using is critical.  You need to be sure that the broker is reputable, efficiently run and well regulated.  To be able to assess the quality of a broker we have chosen to use two sources of ratings, because some brokers may be unfairly discriminated against on one rating website, and have great reviews on another website.  We have chosen what we believe to be the best to sources for impartial customer ratings.  Firstly we use Trustpilot, it is a well established independent website where customers can rate brokers.  Secondly, we use ForexPeaceArmy (FPA) which is a very well run community-driven rating site focused on fairness.  One of the issues with review sites is that sometimes unhappy customers form the majority of reviews as they are an outlet for complaints, the happy customers feel no need to review the service as they are content.

Trade.com have very few ratings on the FPA rating website which makes it difficult to assess customer feedback.  There are also not enough Trustpilot customer ratings to make it worth including.  It is always worth performing your own research on the background of any CFD broker you choose.  What we can say is that of the 700 followers they have on twitter, there are no negative tweets in the last 3 months.

Types Of Accounts Available At Trade.com

CFD AccountsBASICCLASSICGOLDPLATINUM
Minimum Account Size$100$2500$10000$50000
Daily AnalysisMorning ReviewMorning ReviewMorning ReviewMorning Review
Desktop & Mobile Trader
Education Videos
24 Hour Customer Service
Webinars & Seminars
Dedicated Account Manager
Premium Daily Analysis
Signals & StrategiesTrading CentralTrading Central
Premium Customer Support
Table 1: Service & Leverage Per Account – Trade.com

As you can see, there are 4 accounts starting at Basic with only a 100 $/Eur minimum.  But if you deposit $2,500 you can open a classic account.  This is worthwhile because you will be assigned a dedicated account manager, this is recommended because starting out trading contracts for difference and utilizing margin can be complex.  It is people not understanding these complexities that often leave negative comments on ratings sites about CFD brokers.  With a dedicated account manager you will get free one to one time with that person who can provide guidance on how the accounts, margin, and CFD’s work, most importantly they can advise on good account management of your portfolio, so you do not fall into any traps.

The gold and platinum account will enable you to get complimentary access to Trading Central a 3rd party trading strategies, signals and research company.  Finally, with the platinum account, you will receive premium service levels and responses for support.

Trade.com Live Stocks Account

I reserve a section in this review to discuss the Live Stocks Account.  Recently introduced, the Live Stocks Account gives the client access to market liquidity, with key differences to a CFD account:

  1. You will be a beneficial owner of the stocks and ETF’s you trade in this account
  2. This account allows you to access & trade thousands of U.S., German, French & UK Stocks
  3. You are able to purchase & own U.S. exchange-traded funds (ETF’s)
  4. Using MT5 you will have direct market access (DMA) via Straight Through Processing (STP)

The Live stocks account is a Straight Through Processing (STP) account which enables direct market access, meaning you can buy or sell securities on all major global stock exchanges. This means the broker is not taking the opposite side of your trade therefore not trading against you.  Because it is an STP account you will pay a tight spread to fund the transaction with the liquidity providers.  It has an excellent selection of stocks and ETFs with low commissions.  The commissions range from 0.05 USD per share for volumes under 10,000 share per month, to 0.007 USD for more than 500,000 shares per month traded.  There is a minimum cost per trade of $1.50.

With this account, you get MetaTrader 5 for free.  The MetaTrader 5 platform is one of the most advanced and effective multi-assets trading platforms available.

Choose the account right for you. If you want to trade & own Stocks and ETF’s choose the Live Stocks account, if you prefer a broad selection of currencies, cryto’s and commodities choose one of the the CFD accounts

Forex Trading

Trade.com offers a huge selection of up to 62 foreign exchange (Forex or Fx) pairs for trading.  All the common pairs such as EUR/USD and EUR/GBP are covered, plus more exotic pairs such as NZD/JPN (New Zealand/Japan).  Leverage is available up to 300:1 for professional accounts and 20:1 for retail accounts.

Cryptocurrency Trading

Trading Crypto is hot right now, and Trade.com currently offer 4 Cryptocurrency pairs, Bitcoin, Dash, Ethereum & Litecoin.

Share, Indices & ETF Trading

As mentioned previously, you can trade stocks via a CFD account (Webtrader or MT4) or a Live Stocks (MT5) account.

In terms of ETF’s,  there are over 30, covering France, Germany, U.K and the U.S.A.  There are 26 different indices covered via CFD’s.

CommoditiesCommodity Trading With Trade.com

For those interested in commodities, there are 36 to choose from, which gives you the biggest selection of all the CFD brokers we have reviewed, so if your focus is on commodity futures then this is a good choice of broker. The usual commodities like Oil, Coffee, Corn, Wheat, Copper, Sugar, and all the metals are available.

Brokers Trading Platform

Trade.com aims to keep it simple and straight forward when it comes to choice of tools, you have the choice of WebTrader, MetaTrader 4  or MetaTrader 5.  Of course, whichever desktop software you choose, you will still be able to trade from your tablet and smartphone. The MetaTrader 4 App has a 4-star rating on the Play store and in the Apple store 4.5-stars, which means you will get a great mobile trading experience. Ultimately you know you will be getting a solid and seamless experience however and wherever you choose to trade.

Brief Video Highlighting The Trade.com Platform

Trading Forex CFDs on TRADE.com – USD

Watch The Video Overview

Risk Warning: 69.7% of retail accounts lose money

Trade.com WebTrader For MT4 & MT5

You can use the Web Trader platform which is easy to use yet very powerful, this will give most retail investors what they need with a minimal investment in training and no installation required.  Simple “one click to trade” enables you to execute the trade quickly.  You have all order types available, so there is no pairing back of functionality with the online tool.  Naturally, you get streaming real-time quotes.

Powerful Signals & Research For Clients

Trade.com provides complimentary access to Trader Central a respected 3rd party service for gold and platinum account holders, for this you will need an opening balance of $10,000.  Email and video trading signals and analysis through Trading Central are focussing on specific high probability setups.

Trade.com also provide daily market update videos filmed directly from their head office trading floor and are provided in English, German, Spanish and Italian languages.

Trade.com Daily Update Video

Trade.com_EN- Daily financial news-24-07-2018

Watch The Video Overview

Risk Warning: 67.9% of Retail Investors Lose Money Trading CFD’s

Their various youtube channel host thousands of educational and market update videos and their own private channels for registered clients provide daily briefings.  They also have live webinars and have a good selection of training videos and resources.

Company Background & Regulators

Trade.com was established in 2013 in Cyprus, Europe. The holding company is Leadcapital Markets Ltd a privately held company supervised and regulated by Cyprus CySec.

Account Funding & Investor Protection

Account Funding

Opening a demo account is free, but to start trading you will need a minimum balance of $100 for retail accounts.  Minimum balances seem to be important to some people, but from my perspective, if you cannot afford $1,000, you probably should not be attempting to trade CFD’s.

Investor ProtectionTrade.com Review - Regulation

Trade.com do offer negative balance protection for all retail CFD accounts. Also, as per regulatory requirements, Trade.com operates segregated accounts, meaning that your cash account is segregated from the accessible funds available to Trade.com. Simply meaning, they cannot use your funds to trade their own account.  Lastly, there is insolvency compensation of up to 20,000 EUR in accordance with regulations.

Customer Support & Satisfaction

Customer support is available on a 24/7 basis offering call-in numbers in Cyprus.  If you want the best level of service and support I would recommend the Classic, Gold or Platinum accounts as you will have your own dedicated account manager to help you get up to speed and to provide training and guidance.

You can also see from their 700 twitter followers there are few complaints about the service.

Trade.com also offer the best service for German speaking clients, with Telephone, live chat and trading applications available in German.

Review Summary Trade.com

Trade.com is focused on providing a broad selection of assets to trade via CFD’s and real beneficial ownership accounts.  A good set of trading platforms are provided for free including MT4, MT5, and their own Trade.com web application.

What I like the most is the Live Stocks account which opens up the world of U.S. stocks and ETF’s to their customers around the globe.  Easy direct market access and straight through processing to the large exchanges and liquidity pools means fast execution and low commissions plus you actually own the stocks.

Open An Account With Trade.com

Risk Warning: 71.36% of retail investor accounts lose money when trading CFDs with this provider.

Trade.com: In-Depth Service Data Sheet

BrokerVisit Trade.com
Customer Ratings
ForexPeaceArmy RatingNot Enough Ratings
Trustpilot Stars RatingNot Enough Ratings
Trustpilot (% Average Rating & Above)N/A
Dealing Type STP✔ (Live Stocks Account)
Dealing Type ECN
No Dealing Desk / Market Execution✔ (Live Stocks Account)
Market MakerYes (CFD's)
Instruments & Leverage
Forex Pairs 62
Forex Leverage1:300
Forex CommissionsSpread / Commission
Crypto Trading #4
Crypto Leverage1:2
Shares #2000+
Shares Leverage1:10
Shares Commission
Indices #26
Indices Leverage1:200
Indices CommissionSpread
ETF #30+
ETF Leverage1:100
Commodities, Bonds, Treasuries
Commodities / Futures36+
Commodities Leverage1:200
Bonds / Treasuries #8
Bonds Leverage1:100
Automated Trading
Funding & Company Size
Minimum Balance100 EUR
Established2013
Investor Protection
Negative Balance Protection
Guaranteed Stops
Volatility Protection
Segregated Accounts
Investor Protection $20,000 EUR
Regulated ByCySec / FSCA
Parent CompanyLeadcapital Markets LTD- Private
Primary Business LocationCyprus, Europe
Trading Software
SoftwareMetaTrader 4
MetaTrader 5
MT WebTrader
Mobile Software
Customer Services
Customer SupportPhone, Chat, Email + Dedicated Client Account Manager
Research / SignalsTrading Central
Social Trading
Islamic Account
EducationMany Online Courses
Twitter Followers700
Trade.com: In-Depth Service Data Sheet. Leverage is adjusted according to the Company's Leverage Policy and Client Categorisation Policy Maximum leverage available to Elective Professional clients

Leverage is adjusted according to the Company’s Leverage Policy and Client Categorisation Policy.  Maximum leverage (stated above) is available to Elective Professional clients

CFD Risk Notice ESMA & FCA Risk Warning - "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts may lose money when trading CFDs with any provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk"

We thoroughly background check the brokers we recommend and only list reputable trustworthy companies.  Read our tips to perform your own background checks, and test a broker after you sign up. You can perform your own check easilly. LiberatedStockTrader.com accepts no responsibility for your experience with any broker.
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Frequently Asked Questions About CFD Brokers

How do I find a trustworthy CFD Broker?

There are thousands of brokers offering Contracts for Difference Brokerage Services.  CFD’s differ from buying or selling regular stocks or foreign exchange because you do not actually own the underlying stock or currency.  Instead, you own a contract for that instrument which should closely represent the underlying asset’s value. We recommend you check ratings on Trustpilot, it is a well established independent website where customers can rate brokers.  Secondly, you can use ForexPeaceArmy (FPA) which is a very well run community-driven rating site focused on fairness.

Why are CFD’s not available in the USA?

CFD’s are not allowed in the U.S.A., Canada, and India, due to the fact they do not represent trading or exchange of the actual asset. They are forbidden under the Securities and Exchange Commission regulations.  CFD trading is huge in Europe and Asia, where it is completely legal and regulated.

Why do people complain about not being able to get their funds back from CFD Brokers?

One of the issues with review sites is that sometimes unhappy customers form the majority of reviews as the websites are an outlet for complaints, the happy customers feel no need to review the service as they are content.

Due to money laundering legislation and anti-terrorism laws, all financial institutions are not allowed to return money to a bank account that did not send the money in the first place.  This means you cannot fund your account from bank A and expect your funds to be returned to bank B.  Many traders do not realize this, and when the brokers need to investigate the potentially fraudulent request, the delays make the customers angry, this is typically not the fault of the reputable broker. That is not to say all brokers are reputable.

What kinds of Fraud Activities are in the CFD Industry?

Many brokers act as market makers for their clients, meaning they provide the liquidity upon which you trade.  An unscrupulous broker might manipulate the market prices to benefit themselves.  Tactics like not executing trades, or executing trades at different prices to the ones on the quote screen for example.  This is why reputation is everything in this industry.

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