Trading.com is an exchange intermediary using cutting edge technology to trade in the foreign exchange and stock markets. The broker’s main audience is investors and independent traders from the UK and European countries. There are practically no reviews from Russian users – the Trading.com broker is not regulated in Russia and is not interested in Russian-speaking services.
Official website of the broker Trading.com – tools and platforms
As the Trading.com review of the home page shows, the brand is taking advantage of the latest trends in the design of the site, simplifying the number of trading functions and service in general. One should not expect any wide range of analytical, educational, technological tools.
For trading, the MT5 platform is presented here, available on various operating systems for PCs and mobile devices. According to the company, such a platform has many advantages:
- access to more than 1,250 instruments – Forex market, stocks, commodities, energy, indices, metals;
- no requotes, slippage and delays – Trading.com also assures that it does not cancel transactions without the client’s command;
- low spreads – from 0.6 pips;
- one-click trading with 80 instruments for technical analysis;
- opening a free demo account for novice traders.
How to register and open an account with a broker?
The service assures that the registration procedure on the Trading.com website takes a maximum of two minutes. The client needs to go through three stages, which involve entering personal data – phone number, passport information and other important information.
The user is asked to choose one of two trading accounts. You can open an account with Trading.com with a lot size of 100,000 units or 1,000 units. There is no difference between accounts, in addition to the aforementioned aspect – according to managers, opening a single account makes it easier to work with assets.
Trading.com broker trading conditions: who are they suitable for?
The company does not set any serious restrictions and strict conditions. On the contrary, the official site allows you to get started with a minimum deposit of $ 5. The account is available in one of 7 currencies, and there are no commissions for transactions. The maximum leverage is 1:30, negative balance protection, Islamic trader service and hedging are available.
At the same time, it is not known how to withdraw funds from Trading.com – there is no information on the website about this.
Is Trading.com a reliable broker?
The service is owned by the global holding Trading Point, which is officially registered in the UK and regulated by the FCA. However, no detailed information about the brand itself is presented on the platform – it is not known when the broker started its work and who runs it.
In this regard, reviews about Trading.com are often published in a negative way – users are repelled by the lack of transparency, limited functionality of the site and almost zero activity of the service in social networks.
