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What offers its customers a brokerage company Tradeo
✅ This Trading Platform is available in United States
A detailed analysis of the opportunities and conditions of work on well-known trading platforms that provide access to financial instruments, not infrequently complicates the process of finding a reliable service. And this opinion is not only novice traders, but also their more experienced colleagues. To explain this phenomenon is not difficult. It is simply physically impossible to study, remember and analyze all available information about participants in the global financial market. Even a person with a brilliant memory is not able to remember the difference between the trading conditions of one platform and those of another.
The solution of such problems is carried out in different ways: someone turns for help to experienced traders, others find specialized web resources with the ratings of the best companies or make up the comparative characteristics of trading platforms based on 2-5 main parameters. But it is best to combine these options. For example, choose 10-20 brokers with the highest rating, then exclude companies with inappropriate requirements (a very large amount of the first deposit, no Russian version of the site, etc.), and at the last stage compare the conditions of cooperation based on a small number of important characteristics. How to conduct research of interested brokers? Consider this question in more detail, on the example of the company Tradeo.
General characteristics of Tradeo
The considered participant in the global financial market began its activities in 2020. The company is headquartered in Malta and has offices in Europe, China and Japan. Many analysts claim that this broker is the creator of the first social trading platform (we will not discuss the veracity of this version, many scientific works, studies and reviews are devoted to this topic).
The application used on Tradeo, as well as the MetaTrader 4 platform and Social WebTrader, guarantee timely execution of the tasks set, regardless of which device you will use. In addition to the stationary computer and laptop, to work on the site, they use modern mobile gadgets.
Modern software, highly qualified specialists, as well as round-the-clock support service guarantee service users reliable protection of their profile and trading account. In case of any problems (technical or financial), traders can contact the company’s employees using telephone, online chat or email.
No experienced trader will register a login on Tradeo until he checks who controls the broker’s work. In this case, this function is performed by CySEC (Cyprus Stock Market Commission) and MFSA (Maltese Financial Supervision Service). To be objective, it cannot be said that these organizations are the best and most authoritative regulators, but for most experienced broker clients, this is quite enough to work without fear of unpleasant “surprises.”
Training at Tradeo
On the presented trading floor you will find the minimum amount of training information (in this regard, the broker loses much to its competitors). For Russian-speaking users, only daily analytics from experts of the global financial market is provided. If you are fluent in English, then you have the opportunity to study common financial strategies or find the necessary information in the “Questions and Answers” section. But do not forget about social trading. By copying the deals of successful traders, you can get a good profit, even without understanding how it is formed. Placed on the Tradeo platform, a demo account allows you to see in practice how financial transactions are carried out, what you should pay attention to first and what indicators do not represent practical value for the trader.
What should Tradeo customers remember
Studying the reviews about Tradeo, which are available on specialized web resources, it is difficult to get an objective picture of the service in question. But, if you decide to register an account on this trading platform, you will be interested in the following information.
Tradeo Trading Terms
• The minimum amount of the first deposit is $ 100.
• The minimum contract is 0.01.
• Spread size – from 2.2 p. (Fixed).
• Maximum leverage is 1:200.
• Account currency – US dollar, yen, euro.
• Affiliate program – provided.
• Bonuses – there is.
• Investments – social trading platforms.
• Additional fees – none.
How to deposit and withdraw money Tradeo
The comments about Tradeo about transactions with traders’ trading accounts are almost the same as comments on this topic for other platforms.
In order to deposit / withdraw funds, you can use:
• Plastic cards (credit / debit).
• Transfers of financial institutions.
The main thing that every trader should remember is that before proceeding with financial transactions, it is necessary to go through a simple verification procedure.
Tradeo Trading Instruments
Given the rapid development of the considered segment of the global financial market, it can be said that the list of assets that a trader can work with is constantly changing.
At the moment, the most popular assets are: Forex, cryptocurrency, raw materials, precious metals, as well as CFD contracts (for specified instruments).
Tradeo Forex Broker Review
Last Updated: February, 2020.
Many forex brokers try to be all things to all people, but fail due to a lack of focus. Then there are firms like Tradeo.com that do focus on a single area, innovate the service offering well beyond industry standards, and thereby succeed by providing stellar service from the get go. As proof, a cursory review of other review sites reveals a broad range of compliments across the board, so this management team is obviously doing something right. Founded in 2020 and HQ’ed in Malta, the firm is committed to their thriving customer base in ways that make them stand out from the crowd.
Per their website, “Tradeo is pioneering the world’s first true Social Trading platform. Backed by leading venture capital firms, Tradeo is committed to revolutionizing the financial trading experience. We’ve spent the last three years working on a suite of exceptional Social Trading tools. From accurate market feeds, advanced charting, and groundbreaking social features to our beautiful interface, Tradeo’s technology represents a quantum leap in the quality of a trader’s overall online experience.” Tradeo is a registered broker and is regulated by UR Trade Fix Ltd. (CySEC 282/15).
Tradeo’s operating platform sets them apart from the herd of competitors in this field. Not only can you mirror-trade by choosing from a large group of expert global traders, but you may also learn from the strategy commentary included by the service and set loss limits that will automatically protect your risk downside. The social trading feature set is free. You may trade forex, stocks, commodities, and indices, and your account is protected by the Cyprus Securities and Exchange Commission. (CySEC)
Spreads and Leverage
Tradeo does not charge a commission on any forex trading. Tradeo uses a spread of 2.5 pips for major currency pairs. Leverage, however, is limited to 200:1. There also is no dealing desk, since all host connections follow strict STP processing protocols.
For MT4 enthusiasts, you need not make a change, but you may still want to try the proprietary trading platform that the Tradeo team has created. It naturally interfaces more effectively with the social trading aspects of the service offering. You can overcome any trepidation by practicing on the free demo system, before any real capital hits the line. You will be impressed with the innovative touches that three years of development has produced. Encryption techniques are also top of the line, thereby ensuring your security and protection.
Why trade with Tradeo.com? The firm lists these reasons:
- Tradeo was founded in 2020, after three years of intense development, by experts in the forex industry and social trading operating systems;
- Licensed and headquartered in Malta and regulated by the Malta Financial Service Authority (MFSA);
- Two trading platforms: Tradeo’s proprietary trading platform or MT4;
- Nearly 100 asset choices, comprised of forex pairs, stocks (CFDs), commodities, and indices;
- Minimum deposit = $100;
- Free demo account for unlimited time, and only one account classification;
- No dealing desk – full Straight-Through Processing (STP) trading model;
- Leverage offered up to 200:1;
- Help desk support available online via email or live chat, or direct phone line;
- Economic calendar feature permits sorting of data updates according to importance or asset type;
- No additional commissions for Social Trading features;
- Enhanced analytical tools integrate trading positions on single screen formats that provide greater functionality.
Deposits and Withdrawals
International law mandates that specific ID documentation from clients must be on file for all brokers that service global traders. Tradeo insists that this file be updated at the front end to prevent any issues with deposits or withdrawals at a later date. Fund deposits and withdrawals follow popular credit card payment methods or bank wire transfers.
Beginner’s and Customer Support
One of the unique features of the Tradeo social trading platform is that additional commentary is provided that explains the strategic moves of your choice of partner. In other words, you may learn as you go with each mirrored trade. Automatic stop-losses may also be set for your protection. You will also appreciate Tradeo’s economic calendar above all others, since you may elect sort options that will tailor the data in line with your personal needs. Access to helpful support personnel is available through live chat, email or direct phone connection.
The management team at Tradeo has achieved industry acclaim, if the plethora of favorable comments on the web is to be believed. Here is a list of a few:
- “the Tradeo platform is probably the most impressive social trading platform out there in terms of functionality and visual appeal;”
- “the most impressive social trading platform out there.”
One testimonial on their site is also quite revealing, “I thought it would be hard to get started, but they really made it easy. Once I picked a few leading traders to copy, it was all automatic – now I just sit back and watch them trade for me!” So, what’s not to like? As Tradeo insists, “You are not alone anymore.”
Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.
Tradeo is an online Forex and CFD brokerage that we’ve reviewed at length. The Tradeo review found here includes our findings, including the positive and negative aspects of using this brokerage. The company maintains two distinct entities, Tradeo.pro and Tradeo.com which are owned by the same holding group. On the Tradeo.pro website it states that “Tradeo is operated under Delwyn Trading Ltd which is authorised and regulated by the International Financial Services Commission (IFSC) in Belize under license number IFSC/60/284/TS/17”. This claim, however, appears to be invalid; the Belize regulator published a list of financial firms which are no long authorized and regulated in Belize; the latest update was published on June 4 th 2020 and it lists Delwyn Trading LTD. Trade.pro also lists a Cypriot entity, Adelane Trading LTD, with registration number HE323969 as its paying agent.
UR Trade Fix LTD operates Tradeo.com. UR Trade FIX LTD is a Cyprus Investment Firm (CIF) which is supervised and regulated by the Cyprus Securities and Exchange Commission (CySEC) . It holds the CIF license number 282/15 and the company registration number is HE336677.
Delwyn Trading LTD and UR Trade Fix LTD are both part of the same holding group, Tradeo ST PTE LTD which is registered in Singapore with the registration number 202028941H. Given that the holding company which operates both entities is a live company, Tradeo.pro has been copyrighted in 2020 but still lists as being regulated by the International Financial Services Commission (IFSC) in Belize, Forex traders should be very careful when dealing with the Tradeo family of companies.
Tradeo.pro as well as Tradeo.com are both operational, with the former not being regulated anymore and the latter being regulated by CySEC. While the regulated entity (Tradeo.com) adheres to the rules and regulation of CySEC, it should not be ignored that the unregulated entity which continues to claim regulation (Tradeo.pro) are both part of the same holding group. This raises a major red flag when it comes to Tradeo as a brand.
Regulation and Security
While the rest of this review will focus on the CySEC regulated entity Trade.com, it is important to clarify the relationship between Tradeo.pro and Tradeo.com in this section. Tradeo.pro continues to claim that it is regulated by Belize regulator IFSC. It does mention its Cypriot sister firm and confirms that both are part of the same holding company.
At the bottom of the Tradeo.pro homepage, they once again confirm the claim of regulation and the copyright is updated to 2020. This means that they had plenty of time to make the required updates but simply haven’t done so. The continued claim of regulation by the IFSC should not be taken lightly and may even be considered a criminal offense.
The IFSC published its latest update to the list of unlicensed entities on June 4 th 2020 and it lists Delwyn Trading LTD, the operator of Tradeo.pro, as an unlicensed firm as set out by the regulator. The firms on this list are no longer authorized to carry out business as when they were authorized. Since Tradeo.pro willingly continues to operate as an online brokerage with the claims that they are regulated, the company is in violation of the Belize regulations and law.
Tradeo.com is indeed regulated by CySEC and operated by UR Trade Fix LTD operates Tradeo.com. The CIF license number 282/15 and the company registration number is HE336677.
Since the CySEC license is valid, Tradeo.com is subject to the rules and regulation of Cyprus as well as the EU. This includes Markets in Financial Instruments Directive (2004/39/EC) or MiFIID. It has been in effect since November of 2007 which was updated in January of 2020 with MiFID II/MiFIR. It also includes the 4 th Anti-Money Laundering Directive passed in June of 2020 and UR Trade Fix LTD published the Pillar III Disclosures on their website while also participating in the Investor Compensation Fund (ICF).
From a regulatory point of view, Tradeo.com is in full compliance and looks good on paper, but when taken in conjunction with the company’s other questionable activities, traders should proceed with caution. Cyprus is home to stricter regulation and enforcement than Belize, but the concerns remain. The holding group which owns Tradeo.pro and Tradeo.com, Tradeo ST PTE LTD is registered in Singapore with the registration number 202028941H.
Please note that the rest of this review will focus on Tradeo.com, the CySec regulated entity of Tradeo ST PTE LTD Singapore.
Tradeo.com generates the majority of its income from a mark-up on spreads, the difference between bid and ask prices. The broker operates an STP (Straight Through Processing) model which means that orders are send directly to liquidity providers who offer the best price/execution. Unlike market makers, Tradeo.com doesn’t trade against its clients. The firms also states that it doesn’t charge any commissions on trades. Spreads start as low as 0.9 pip and increase depending on the liquidity as well as asset traded.
The only other fees applicable remain swap rates which are charged on overnight positions, Forex traders can get the most accurate rates directly from their MT4 Trading Platform by following these steps:
1. Right-click on the desired symbol in the “Market Watch” window and select “Symbols”.
2. Select the desired currency and then click on “Properties” located on the right side.
3. Scroll down until you see “Swap Long” and “Swap Short”
Tradeo.com has also published this list in regard to swap rates:
Fees on deposits from Tradeo.com are waived, but third-party fees are still applicable. Withdrawals face different fees which depend on the amount requested and the method use. They start as low as $/€/£15 for credit card withdrawals and as low as $/€/£30 for bank wires under $/€/£10,000 while withdrawals above $/€/£10,000 are charged at 0.30% of the total amount. Online payment processor fees start at 1% of the total amount with a $/€/£15 minimum. Tradeo.com also charges an inactivity fee if the account was dormant for 90 days in the amount of $22/€20/£15. A 0.5% conversion fee is also charged for transaction different than that from the account base currency.
Tradeo review by forex trading experts, Everything you need to know about Tradeo.com social trading platform is in this Tradeo review.
What Is Tradeo Social Trading Platform?
Tradeo.com is a social trading company that regulated by the CySEC and functions under the brand name UR Trade Fix, Ltd, with license number 282/15. Established in 2020, Tradeo is an STP broker that provides a host of social features. It combines social trading with an unconventional, synergistic trading platform, creating Tradeo’s Social Trader one of the 1 st platforms to completely integrate both social and trade implementation within the similar visual interface.
Tradeo Trading Platforms
Tradeo’s trading platforms includes of two main platforms, their exclusive MetaTrader4 (MT4) platform and Social WebTrader platform.
Tradeo MT4 Download
By means of the industry standard trading platform, numerous traders should be acquainted with the sorts of the MT4 platform. This platform is mainly well known for its whole charting package and match of technical indicators. Moreover, the platform is completely capable of supporting Expert Advisors (EAs) hence permitting technical savvy traders to modify their MT4 platform for their trading stratagems.
Tradeo Social WebTrader
The broker’s exclusive Social WebTrader platform is what creates actually unique. As mentioned previous, their social trading platform is the 1 st platform that combines social feeds with trade implementation functionality onto the similar interface. The Forex trading platform hosts an entire array of features which took close to three years to develop. Certain of the important features of this platform comprise:
- Copy Trading
- Chat Functionality
- One click Seamless Trade Collaboration
- Live streaming of prices
- Real Time Charting
- One Click Trading
- Social Charting
- Real Time Social Feed
Tradeo social trading
On this forex brokerage firm, traders are providing to trade on Social Trader, a free-to-use trading stage that merges out-dated trading with a social media interface.
Though, the Tradeo social trading platform provides traders a list of actual interesting options such as the aptitude to reproduce and follow other traders whereas leaving the choice to accomplish or enter commands completely to users.
Traders can moreover follow a group of trading leaders, and might select separate exchanges if essential.
Tradeo social trading platform works greatest and looks sleek, unfortunately, it just feels actual amusing all the time.
The platform uses MT4 and Social Web Trader for its trading platforms. There is as well a Tradeo app for iOS 7+ devices. Social Web Trader is the greatest popular platform that traders usage.
Perfect For Beginners!
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If you resembling trading on-the-go then Tradeo app for Android and Apple iOS available. The apps provide you admittance to most, but not entirely of the functionality of the WebTrader platform.
Tradeo Trading Accounts
There is simply one standard type of trading account. By means of funding the account with a minimum deposit of just 100 dollars, traders can have admittance to nearly 100 kinds of CFDs and currency pairs to trade with. The leverage ratio is limited to 200:1. A demo account is presented for anybody who is interested to get more familiar with their set up but is not prepared to commit real money just up till now.
Tradeo Demo Account
We previously stated that it provides a free Tradeo demo account for you to attempt trading yourself or lifting other dealers with 50,000 dollars of virtual money. Unlike with certain other social trading networks, there’s no limitation on the period you can keep your Tradeo demo account open.
Moreover the Tradeo demo account does take into account slippage while you copy other traders providing you a more realistic knowledge for when you would start using real money. Several other copy trading platforms neglect slippage from their demo experience meaning the consequences are often slightly exaggerated.
Tradeo Minimum deposit
This is possibly one of Tradeo’s weaknesses. The stage does not have greatly of a choice in terms of account types with only one kind of live trading account, that is, the standard live account which necessitates a Tradeo minimum deposit of 100 dollars.
That Tradeo minimum deposit provides everybody a chance to try the marketplaces. You no longer have to commit 500 dollars and above to start trading. Over again, you can trade in micro lots. This is good for novices who don’t have numerous capital reserve.
Tradeo Deposits and Withdrawals
Traders can deposit their account through wire transfer or credit card. While funding an account for the 1 st time, there is a lowest deposit amount of 250 dollars. At Tradeo Traders can withdrawal through wire transfer or credit card. There is no minimum withdrawal amount, nor is there any charge. Withdrawals are complete within 1-2 business days.
For login to Tradeo broker you can visit the broker website, After sign up you can check your email and do Tradeo login.
Perfect For Beginners!
Free Trading Education!
Free Demo Account!
Good Choice For Experienced Traders!