Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 300:1 |
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Minimum Deposit: | $100 |
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Established: | Unknown |
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Address: | 148 Strovolos Avenue, 1st floor, CY 2048, Nicosia, Cyprus |
Customer Service: | support@trade.com |
Regional offices: | |
Regulations: | CySEC #227/14, FSCA #47857, FCA #738538 |
Prohibited countries: |
Trading platforms: | MT4, WebTrader |
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WebTrader: | ✅ Yes |
Mobile Trading: | ✅ Yes |
Trading Instruments |
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Currencies: | (55+) |
Cryptocurrencies: | |
CFD: | (405+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Bonds, Oil, Other Commodities |
Trading Conditions |
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EAs/Robots: | ✅ Yes |
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News Spike Trading: | ✅ Yes |
Scalping: | ✅ Yes |
Managed Accounts & Social Trading |
Deposit Methods: | Bank Wire (Bank Transfer), VISA, MasterCard, ePay (epay.bg), EPS, Giropay, iDEAL, Multibanco, Neteller, Przelewy24, SafeCharge, SafetyPay, Skrill, SOFORT |
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Withdrawal Methods: | Bank Wire (Bank Transfer), VISA, MasterCard, ePay (epay.bg), EPS, Giropay, iDEAL, Multibanco, Neteller, Przelewy24, SafeCharge, SafetyPay, Skrill, SOFORT |
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Traders Reviews
There are better brokers
Pro:
- offer bonuses for trading activity
- reduced spreads when investing 10000 € or more
Con:
- withdrawing money takes a long time
- withdrawn money (profits) sent to credit card account while I requested bank account
- market activity starts Sunday night 5 minutes later than what I see with other brokers
- being contacted regularly to make me invest more money
- waiting since weeks for a statement I need for my tax declaration
- processing of trades is slow (up to 3 seconds)
Trade carefully
For beginners I'll say don't take your chance
I trade the Welcome Bonus, and I see that they modify my order.
I trade with a TP and when reach Doesnt close it, but automatically open a Sell Limit.
Trade.com ( Lead capital markets ltd ) scam ! if you lose you lose if you win, you still lose
Trade.com or Lead Capital Markets Ltd is horrible scam broker, when you start trading with them your "account manager" will be contacting you with how to deposit funds and if you need any help with anything please feel free to contact him...
And then you start actually making money, they start by widening your spreads a little bit and then a lot.. at that point you might want to contact your account manager... don't bother you have officially become a bad client who is not loosing enough. in other words your account manager will never pickup the phone anymore, the entire company will not pickup anymore (perhaps they put my number on their internal block list? )
Then you try and withdraw your funds and get a message that your account is under investigation and your profits , trades , and most importantly your withdrawal request is suspended, and you will never have contact with anyone in the company that knows whats going on.
The support only ever have one answer for your: Your account is still under investigation and your request has been sent to the relevant department.
I hope this sounds good to you because it is all you will ever hear. please do your self a favor and trade with a reputable broker who is not out there to make sure you lose your money or your profits.
To sum Trade.com or Lead capital markets up: if you lose you lose and if you win you might get to keep your deposit but not your profit. sounds great right?
You can have unlimited losses but never a win.
Please stay away.
Read more about my case here
http://www.forexpeacearmy.com/community/threads/trade-com-money-withdrawal-account-under-investigation.52976/
Trade.com IS A SCAM
this is a total scam. they offer 300/1 leverage if you deposit $1000 I feel sorry for people who do this . I can't understand how Google play allow these people to put their scamming app on their site.
Frequently Asked Questions
Is Trade.com a good or scam broker?
The ForexPeaceArmy has warned against doing business with Trade.com. There are 2 Traders Court guilty votes against this company on ForexPeaceArmy. Find details here: https://www.forexpeacearmy.com/community/tags/tradecom/
Safecap Investments Ltd which owned Trade.com previously received a fine of €168,000 from CySEC.
To understand better Trade.com, the best way is to read the detailed warnings and unbiased reviews on ForexPeaceArmy. https://www.forexpeacearmy.com/forex-reviews/11129/trade-forex-brokers
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
What can I trade with Trade.com?
Trade.com offers CFDs trading on a number of assets, including:
- Forex
- Bonds
- Indices
- Stocks
- ETFs
- Commodities
Is Trade.com legit and regulated?
1) Is Trade.com legit?
CySEC offical record shows a fine of €168,000 from CySEC was imposed on Safecap Investments Ltd while Safecap Investments Ltd was owning Trade.com.
ForexPeaceArmy has warned against doing business with Trade.com. https://www.forexpeacearmy.com/forex-reviews/11129/trade-forex-brokers
2) Is Trade.com regulated?
Trade.com is consist of Trade Capital Markets (TCM) Ltd (ex. Leadcapital Markets Limited) and Livemarkets Limited.
Trade Capital Markets (TCM) Ltd is
- Authorized and regulated in Cyprus by the Cyprus Securities and Exchange Commission (license number 227/14)
- Authorized in South Africa by the Financial Sector Conduct Authority (FSP number 47857).
Livemarkets Limited is
- Authorized and regulated in the United Kingdom by the Financial Conduct Authority (Firm Reference Number 738538).
What is the minimum deposit to open an account with Trade.com?
Trade.com requires a variable minimum deposit depending on the account type.
- Micro account is $100
- Silver account is $1,000
- Gold account is $10,000
- Platinum account is $50,000
- Exclusive account is $100,000
Does Trade.com charge overnight fees?
Trade.com does impose an overnight charge or swap fee on each position which remains open overnight.
Does Trade.com charge inactivity fees?
Trade.com charges a monthly fee of $25 if there is no trading activity occurs for over 90 days, .
For inactive accounts over a period exceeding 12 months, Trade.com charges an Annual Inactivity Fee of $100 or equivalent per quarter, minus any monthly inactivity fees already charged.