74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Basic information from TradeEU.com review
About the broker
Web: | https://www.tradeeu.com/ 74-89% of retail investor accounts lose money when trading CFDs with this provider |
License: | CySec |
Supported languages: | English, German, Italian and Portuguese |
Year of foundation: | 2022 |
Holder: | Titanedge Securities Ltd |
Headquarters: | 4 Spyrou Kyprianou, Papavasiliou court, 3rd floor, office 301, 4001 Mesa Yeitonia, Limassol, Cyprus |
Methods of contacting customer support: | E-mail, phone |
Contact: | info@tradeeu.com +35725261736 |
Deposit methods: | Debit and Credit Cards, Bank transfer, Bank transfer, Skrill, Neteller |
Withdrawal methods: | Bank transfer, Bank transfer |
About trading with TradeEU.com
Minimum deposit: | 250 EUR |
Min. trade: | 0.01 |
Underlying assets: Might be a CFD. | Forex, stocks, commodities, indexes, cryptocurrencies |
Base currencies: | EUR |
Mobile app: | |
MetaTrader 4: | |
Other trading platforms: | MetaTrader 5 |
Social trading: |
If you live in a European Union’s country -that is approved by the local regulators to receive investment services- and wish to trade with a multi-asset broker with zero commissions, TradeEU may be the right fit. TradeEU is a CFD broker regulated in Cyprus by the CySEC and licensed to operate in Europe (in many European countries). Though TradeEU is a relatively new broker, they already offer traders access to trade different financial instruments as CFDs across multiple market segments including forex, stocks, cryptocurrencies, indices, commodities, and metals. TradeEU easily integrates with the MetaTrader5 platform and also offers a rich educational experience for registered clients. This is an expert review of TradeEU that touches on the critical elements professional traders look for before choosing a broker.
Regulation And Security Features
The importance of trading with a broker that is regulated by at least one reputable licensing body can not be overemphasized. You should note that it is not all about the number of regulatory licenses that a broker has but it is about how relevant each regulator is in any given jurisdiction. TradeEU is licensed with only one financial regulator in Cyprus- the CySEC, which is valid across most of European Union countries. Traders get negative balance protection and clients’ funds alawys are separated from corporate funds. Since TradeEU is regulated by a reputable regulator in Europe, we hereby classify this broker as a legitimate broker that is licensed to operate across most of the European Union countries.
Financial Assets Available To Traders
There are quite a number of traders that love to apply their trading strategies across different categories of financial instruments. This is very understandable as it is very tempting for traders to try out a trading strategy that is might be successful in one financial market (like forex) on other financial markets (like stocks, crypto, etc). If you currently trade across multiple financial instruments, you are covered with TradeEU as this broker is a multi-asset broker that offers access to many financial assets with high liquidity. Even if you currently trade in only one financial market (like forex), there is a high likelihood that you will also trade in other financial markets in the future. TradeEU allows traders to trade CFDs on over 250 financial assets across different financial markets including crypto, forex, stocks, commodities and indices..
Account Types And Associated Trading Fees
Most brokers tend to create different account types to suit different types of traders ranging from beginners to pro traders. These accounts normally have different minimum deposits and associated trading fees and leverage. TradeEU is no exception as this broker has three major account types namely silver, gold, and platinum. The silver account has fairly tight spreads starting from 2.5 pips. While the gold and platinum accounts have tighter spreads starting from 1.3 and 0.7 pips respectively. All three accounts are commission-free with a minimum volume size of 0.01 lot and maximum leverage of up to 1:30. Apart from these three major accounts, TradeEU also has an Islamic account and a demo account.
Trading Platforms
There are many trading platforms but the more popular ones are MT5, and TradingView. Each broker usually chooses which trading platform they integrate with and some brokers have their own unique trading platform. TradeEU integrates with MetaTrader5 which is a very popular trading platform that supports copy trading and algorithmic trading. MT5 can be used as a desktop client, mobile app, or web trader, and is compatible with different operating systems including windows, Linux, ios iPhone, ios iPad, mac, mobile, and web. MetaTrader5 is an advanced version of MT4. A common practice among some traders is to do their technical chart analysis on the TradingView platform and place their trades on any other trading platform their broker integrates with.
Deposit And Withdrawals
When traders open a live trading account with any broker, they are required to fund that live account and there will definitely be a need to withdraw funds later on. For both deposits and withdrawals, TradeEU supports credit/debit cards, bank wires, Skrill, Neteller . When opening a live trading account with TradeEU, the minimum deposit is EUR250 and only euro accounts are available. Deposits via credit/debit cards are processed instantly while it may take up to three business days to process deposits via bank wires. There are no withdrawal fees for internal transfers from one trading account/wallet to the other, except for currency conversion fees if applicable.
Conclusion- An Overview Of TradeEU
TradeEU is a commission-free CFD broker that targets both new traders and seasoned professional traders. This broker is legitimate as it is regulated by the CySEC- a financial regulator in Europe and has different account types with varying trading fees to suit different types of traders. There is access to trade over 250 financial assets across a wide range of financial markets including forex, stocks, indices, commodities and crypto. Traders with TradeEU can use the MT5 platform to place their trades they wish and there is a dedicated customer support team that is available to assist whenever the need arises.
74-89% of retail investor accounts lose money when trading CFDs with this provider