This Tradeo review conducted by expert’s traders at Fxstay to know all about Tradeo broker beforehand open trading account with this broker or agent. 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 2012, 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 1st 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 Donload
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’s exclusive Social WebTrader platform is what creates actually unique. As mentioned previous, their social trading platform is the 1st 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, their 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.
Tradeo 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.
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.
We annoyed the Tradeo android app and in terms of self-trading the performance is slick and the trade implementation worked unified too. The Tradeo android app also provides you access to your present positions and news feed. We’ve not annoyed the iOS version.
Though if you favour using mobile browsers to Tradeo android app then unluckily the WebTrader stage isn’t mobile response. We tried it on a 10.2 inch Android tablet and whereas the interface is noticeable, not all activities work. We certainly would not commend using it for trade entry on mobile or tablet browsers, though inspection open trades and balances is probable. It is though clearly designed to be used on a desktop PC or laptop.
Whereas trading using laptops we have been using Tradeo app on Chrome browsers and Firefox browser. Whereas it’s been running fine for us, considering at the broadcast messages on itself certain people declared the interface is buggy in the previous. Not perfect though what devices they’re using but somewhat to consider and perhaps try it first with their demo account beforehand you use it to trade with real money.
Otherwise you can download MT4 for Mac or Windows from the Tradeo website also and use that in its place of their WebTrader platform.
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.
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.
Thus now the social trading platform is select to Tradeo clients. This does mean though that signing up is simple since only one sign up is essential.
You can sign up and usage their completely functioning free demo without the necessity to make any deposit. You can have the demo running for as extensive as you like. You’ll possible receive a call and some emails from their sales group but they’re not excessively assertive.
In our individual knowledge the sign up process was actual straightforward. Our account was activated in 24 hours after uploading the essential documents. An account manager will also contact you to set-up a one-to-one sitting to take you through the platform. Pretty expedient and our account manager was capable to answer all our questions direct on the call devoid of having to revert back.
Afterward you registered with Tradeo.com, you are capable to open Live or Demo account in the portal. While you open an account with Tradeo.com, you will collect an email with login IDs of the account. The password is hidden in the email, but you can obtain it by logging into customer portal.
Deposits and Withdrawals
Traders can deposit their account through wire transfer or credit card. While funding an account for the 1st time, there is a lowest deposit amount of 250 dollars.
There is no minimum withdrawal amount, nor is there any charge. Withdrawals are complete within 1-2 business days.
Tradeo provides bonuses up to 5000 dollars at any specified time. For more information about the Tradeo broker bonus visit “Topforexbrokers.com”,
Spreads and Leverage
Tradeo does not charge any fees or commission. It usages a spread of 2.5 pips for major currency pairs. Leverage, yet, is limited to 200:1. There also is no dealing desk, since all host networks trail strict STP processing protocols.
Tradeo does not charge any hidden fees or commissions. Though, traders have to pay a somewhat wider spreads on Forex pairs. The least spread on Major currency pairs is about 2.2 pips, which can rise to 21.75 pips or points for extra “exotic” currency pairs.
Customer Support services are offered through Telephone, Email and Live Chat. For the profit of their customers, Tradeo has made their support services presented on a 24 hours basis for the duration of the trading week. Their website is also presented in the subsequent languages:
Tradeo Review Conclusion
For complete review about the Tradeo broker visit “ForexSQ.com”. The supervision team at Tradeo has gone to great lengths to offer a social trading platform with a plethora of exclusive features and benefits for both experienced and new traders. Picking a few traders to follow, trading come to be almost automatic and with the right picks, positively automatically positive.
The experts at Fxstay invite you to share this Tradeo review with family and relatives or friends who may share an interest in forex trading platforms. You can download Tradeo Google Android app or iTunes IOS application for mobile trading.
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