BrokAIr Reviews

Trade.Com Review

"Trade.Com is a powerful tool, but it also raises serious questions about the fairness of the markets." Is Trade.Com making the markets too easy for big players to game?

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Overview of Trade.com

Trade.com is a popular online brokerage that enables its users to trade in financial markets including Forex, CFDs, Stocks, Cryptocurrencies, and Commodities. It was established in 2010 and is owned by the Safecap Investments Ltd. Its headquarters are located in Cyprus, with offices in Berlin, Belgrade, Munich, and Sydney.

Pros

One of the main advantages of Trade.com is that it provides a wide range of trading services and products to its customers. In addition to Forex, CFDs, Stocks, Cryptocurrencies, and Commodities, Trade.com also offers a number of educational resources such as webinars, video tutorials, and e-books to help traders understand the markets better. Another advantage of Trade.com is its low fees and tight spreads on some of the most popular assets. Furthermore, it offers an intuitive trading platform that is easy to use for both newcomers and experienced traders alike.

Cons

Despite its advantages, Trade.com also has some downsides. One of the main drawbacks is its limited range of tradable assets compared to other brokerages. Additionally, the platform does not offer any social trading features or copy trading services which could be useful for new traders. Finally, there are some reports of slow customer service response times and unsatisfactory customer support.

Public Opinion

Overall, public opinion on Trade.com seems to be positive with most traders praising the low fees and tight spreads offered by the platform. However, some traders have expressed dissatisfaction with the limited range of tradable assets and slow customer service response times.

Founders

Trade.com was founded by Yoni Avital who is currently the CFO and CEO of Safecap Investments Ltd., which owns Trade.com. He has been involved in the financial industry for over 15 years and has extensive experience in international financial markets as well as risk management and compliance regulations.

Newsworthy Events

In 2018, Trade.com was awarded “Best Binary Options Broker” by FXEmpire Awards for its competitive spreads and high quality customer service. In 2019, Trade.com partnered with the world-renowned payment processor Skrill to provide additional payment options for its customers. In 2020, Trade.com received a license from CySEC (Cyprus Securities Exchange Commission) to operate as a regulated broker in Europe. Additionally, Trade.com was recognized as one of the top Forex brokers in 2020 by the World Finance Magazine Award for its secure trading environment and innovative technology solutions