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 | |
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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 | |
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Option | Information |
Minimum Spreads | 0.6 |
Commission | |
Fixed Spreads |
Tradefcm Payment & Withdrawal Option | |
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Option | Information |
Acc Funding Methods | Skrill, Visa Card, Master Card |
Acc Withdrawal Methods | Skrill, Wire transfer, Master Card |
Tradefcm Suitable For | |
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Option | Information |
Publicly Traded | |
Beginners | |
Day Trading | |
Weekly Trading | |
Professionals | |
Swing Trading |
Tradefcm Trading Account Options | |
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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 | |
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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 | |
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Option | Information |
Telephone No | +44-2081337628 |
Support@tradefcm.com | |
24 Hours Support | |
Support During Weekends | |
Address | 4578 Marmora Road, Glasgow D04 89GR |