Tradefcm Review

Country : United Kingdom

Max. Leverage : 1:1000

Demo account :

Foundation : 2017

Min. Deposit : $500

US Clients :

TradeFCM offers four kinds that offer live accounts for trading and a demo account that is free to test the service. The primary differences between live accounts is the deposit requirements, as well as the spreads.

Tradefcm Advandage and Disadvandage

Advandage
  • MT4
Disadvandage
  • Unregulated
  • High deposit

The company. Secured funds

TradeFCM is a broker in the forex market who claims to be based in the UK but isn’t subject to the supervision of the FCA. The broker isn’t required to adhere to any rules and rules, and working with it can be extremely risky.

In general, we recommend that investors trade only with licensed brokers that are which are licensed and monitored under the supervision of FCA and which is the Australian Securities and Investment Commission (ASIC) and the Monetary Authority of Singapore (MAS) who have an image of being rigorous as well as demanding regulatory authorities. Most brokers under the supervision of MAS are reliable and stable are reputable, adhere to sound rules and provide good protection for clients.

Platform for trading

TradeFCM is a faithful follower of the old and popular MetaTrader 4 (MT4) trading platform.

In the 10 years that it has been in existence, MT4 has grown to become the most preferred trading platform among traders and brokers alike. It offers a variety of options and is easy to use. Additionally, it allows add-ons from third parties, different types of orders as well as automated trading. It also offers a range of analytical and charting software.

Promotions

In the FAQ section, TradeFCM claims to offer bonus programs to its clients however we were unable to find any additional information about these bonuses.

Payment methods

TradeFCM offers a pretty regular service for payment options. The broker allows deposits by the bank transfer, credit or debit cards as well as the online payment options Neteller, Skrill and Moneybookers.

Conclusion

TradeFCM is an unregulated broker , and doesn’t appear to provide the most impressive trading conditions with the exception of perhaps the leverage. However the leverage can be so high that the client could be able to lose everything with just one transaction. Additionally, there is the huge requirement for deposits that isn’t very appealing. Also, the portfolio appears to be a bit small.

Tradefcm Summary
Tradefcm Details Information
Regulators
Country United Kingdom
Base Currencies USD, EUR
Type Of Brokers ECN, STP
Trading Platform Desktop, Mobile, MT4
Established Year 2017
Website Language English
US Clients
Tradefcm Spreads
Option Information
Minimum Spreads 0.6
Commission
Fixed Spreads
Tradefcm Payment & Withdrawal Option
Option Information
Acc Funding Methods Skrill, Visa Card, Master Card
Acc Withdrawal Methods Skrill, Wire transfer, Master Card
Tradefcm Suitable For
Option Information
Publicly Traded
Beginners
Day Trading
Weekly Trading
Professionals
Swing Trading
Tradefcm Trading Account Options
Option Information
Maximum Leverage 1:1000
Mini Account
VIP Accounts
Segregated Accounts
Free Demo Accounts
Managed Accounts
Pro Account
Minimum Deposit $500
Islamic Account
Tradefcm Trading Services
Option Information
Hedging
News Trading
Scalping
Automated Trading
Indices
Commodities
Forex instruments
CFDs
ETFs
Stocks
Bonds
Cryptocurrencey
Trading Signals
Educational Service
Copy Tradings
Tradefcm Contact & Support
Option Information
Telephone No +44-2081337628
Email Support@tradefcm.com
24 Hours Support
Support During Weekends
Address 4578 Marmora Road, Glasgow D04 89GR

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