Tradeo

Established in 2011, Tradeo is an online Forex broker and social trading network which is owned and operated by UR Fixed Trade Ltd. Its main headquarter is located at Limassol, Cyprus. Tradeo is known as one of the pioneers to fully integrate both social trading and trade execution functions using one interface. Furthermore, Tradeo is the social trading partner of Malta Financial Service Authority or MFSA. 

Tradeo is known because of its social trading platform that is leading on the list of all social trading platforms. This is because of its wide array of great features which include an all year round customer support and a great number of social trading tools. 

Basic Information on the Tradeo Broker

  • Regulator – IFSC
  • Trading Platforms – MT4, MT5, Mobile Trading, Web Terminal
  • Available since – 2012
  • Minimum deposit – $100
  • Leverage – Up to 1:200
  • Spreads (& commission) – 2.2 pips 
  • US Clients – No
  • Products/Instruments – Forex and CFDs on Currency pairs, crypto, Indices, Commodities and Stocks
  • Demo account – Available
  • Trade Signals – e-mail alerts, website personal page Automated Trading
  • Mobile Trading – Available
  • Payment Methods – Bank Wire, Credit cards (Debit and Credit Cards) and e-wallets (Neteller and Skrill)

Assetmagnate Rating : 

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Trading Platform

Tradeo Trading Platform

There are two trading platforms which Tradeo clients can use. 

The first one is the MetaTrader 4 or the MT4 which is basically the most used trading platform because of the features that it has. It is equipped with an advanced charting and trading tools, Expert Advisors, technical indicators and so much more. 

The second trading platform offered by Tradeo is their proprietary Social Web Trader. This is a unique social trading platform that is admired due to its one of a kind features. In fact, it belongs to the top list of best social trading platforms. Tradeo’s social trading platform took a total of three years before it has finally developed into one of the best social trading platforms. The social web trader is equipped with one-click trading and seamless trade collaboration, copy trading, prices live streamed, real-time charting and social feed, and so much more.

Mobile Trading

Tradeo Mobile Trading Platform

Tradeo wants to give the best service to their clients to make their lives more convenient, thus the MT4 trading platform is available through mobile phones. With this feature, clients can trade with the use of their mobile phones. They can download it via Google Play store or Apple App Store. 

Account Types 

There is only one account type offered by Tradeo to their clients. This is known as the standard trading account which needs a minimum initial deposit of $250 in order for someone to open an account. This trading account gives the client an access to 100 currency pairs and CFDs.

Demo Account 

A demo account is provided by Tradeo wherein clients can familiarize themselves with the trading industry, particularly with Tradeo. With this, clients can practice how to trade with the platforms offered by Tradeo without using their actual capital.

Minimum Deposit 

The minimum initial deposit required in order to open a live trading account with Tradeo is $250. With such amount, traders can already have an access with the features Tradeo has to offer, especially its ever famous, Social WebTrader. 

Products/Instruments

Tradeo clients are offered Over 200+ assets to trade on and clients can trade Forex and CFDs on Currency pairs, Cryptos, Indices, Commodities and Stocks.

Spreads and Commission 

Tradeo does not charge any commission, but traders have to pay in order to widen the spreads. The minimum spread starts at 2.2 pips. The fee charged in the spread is the difference between the buy and sell price of the instrument.

Maximum Leverage

The maximum leverage offered by Tradeo is 1:200. It is advised that clients should be very careful when trading in order to avoid great losses. 

Payment Methods

Tradeo offers their clients a variety of payments methods making it easy to make deposits and withdrawals with a payment method of their choice. Deposit/Withdrawal methods include: Bank Wire, Credit cards (Debit and Credit Cards) and e-wallets (Neteller and Skrill)

Regulation and License 

Tradeo is under the jurisdiction of the Cyprus Securities and Exchange Commission or CySec with licence number 282/15. Wity such regulatory body, clients are ensured that the broker they are trading with is safe and secured. 

Customer Care Service

Clients can reach Tradeo for support via email, telephone or live chat which is available for 24 hours during the trading days. Their website is also available in different languages as they have clients from all over the world.

Telephone – +44 203 129 3647

Email – [email protected]

 Pros:

  • The Plaftorm acts as a broker and social trading plaftorm.
  • Active social trading community
  • Telephone and online chat support available
  • Accounts can be opened in 4 different currencies
  • iOS and Android mobile apps are available
  • Demo Trading available

Cons:

  • Limited trading account option
  • Limited payment method

Conclusion

Tradeo was created in such a way that it is suitable for both novice and expert traders. Novice traders can benefit from the platform by learning from experienced traders, executing signals as well as copy trades and portfolios automatically. Also, expert traders can explore other traders with different styles and approaches.

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