Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from Tradesto review
About the broker
Web: | tradesto.com |
License: | ASIC SVGFSA VFSC |
Supported languages: | English and Vietnamese |
Year of foundation: | 2012 |
Holder: | Tradesto Group |
Headquarters: | Suite 305, Griffith Corporate Centre, P.O.Box 1510, Beachmont, Kingstown, Saint Vincent And Grenadines |
Methods of contacting customer support: | |
Contact: | support@tradesto.com +1-855-246-7284 |
Deposit methods: | Bank transfer, Bitcoin, FasaPay, Help2Pay, iAccount, Neteller, Shop2Pay, UnionPay |
Withdrawal methods: | Bank transfer, Bitcoin, FasaPay, Help2Pay, iAccount, Neteller, Shop2Pay |
About trading with Tradesto
Minimum deposit: | 100 USD |
Min. trade: | 0.01 |
Spreads: | Variable |
Underlying assets: Might be a CFD. | Forex (30) |
Mobile app: | |
MetaTrader 4: | |
Social trading: |
Random reviews of competing CFD brokers: MBroker, FX-Leader, MarketsX and Monfex
Frequently Asked Questions
🧐 Is Tradesto a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if Tradesto is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with Tradesto is very simple, just register on their website.
📱 Does Tradesto offer the best mobile app for trading?
Tradesto offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the Tradesto mobile app.
⚖️ Would you recommend me Tradesto?
Tradesto is one of tens (possibly hundreds) of brokers operating in Australia, and that's why it makes no sense to choose Tradesto as a broker where you trade before you compare it with competitors.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
---|---|---|---|---|---|---|
100 USD | 1.0 pips Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Etoro. | ||
0 | 0.9 pips Spread was taken 22.03.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 22.03.2024 at 11:12 from the web or trading platform of XTB. | ||
100 USD | 0.8 pips Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Plus500. |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 76% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with Tradesto, please share it in the comments to help others to choose the suitable broker.
I came across the website of Tradesto while I was looking for the best forex broker. I found many forex brokers online but the advantages being offered by Tradesto seemed essential to me. It offers financial security, fast spread, easy deposit and withdrawal, and reliable customer support. Also, since I am not working due to certain issues during the lockdown, I thought I might benefit with trading forex when this forex broker is providing such advantages.
So, I got in touch with Tradesto. I was informed that I can start trading forex without necessarily investing huge sums. And due to scarcity of jobs at the moment, the idea seemed convincing to me. It has now been 3 months that I have been earning well with this forex broker’s platform.
I will highly recommend this platform to those who are struggling to make an income. Forex trading can be quite convenient with this forex broker. For more information, check Tradesto Review
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Living in Brunei in Southeast Asia, I started trading forex 13 years ago. Back then, forex trading was financially beneficial but it was in no way easier. Not coming from the finance background, I had to invest a lot of time educating myself about foreign exchange. I remember spending considerable months learning about the forex market and forex trading.
When I finally entered the market as a forex trader, my first trade didn’t go as I had expected. My journey in the market was yet to surprise me more when I came across Tradesto. I Connected with Tradesto to Know Where I was Lacking. In the initial years of trading, I did earn money but I failed more than that. I had no doubts about my learning because I knew my focus was strong. My understanding of buying and selling currencies was fine too. Yet, I could not understand where I was lacking.
Information about Tradesto and its reviews had been circulating over the web. Tradesto reviews suggested that this forex broker can offer really good guidance. However, I did not need guidance more so than the reason for my failure in trading forex. I connected with Tradesto only to find out the cause of my failure. A forex broker with such a reputation and tons of positive reviews could have easily helped me out.
What Exactly was Causing My Failure in Forex Trading?
On my interaction with Tradesto, the broker was of the opinion that my knowledge of the market is excellent. And yet, there was one thing I did not know. The right time of making the trade! Throughout these years, I had been grabbing the best opportunities but I was not trading at the right time. So, the factors didn’t work in my favour.
Even though this was a very small flaw in my forex trading manner, it was costing me big. I was amazed by Tradesto’s sound knowledge and quickness of identifying the issue.
My Final Opinion About Tradesto
Ever since my communication, I have been relying on this forex broker to keep improving myself at trading forex. Tradesto Review is an excellent pick for me!
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It is a scam. You cannot take back your hardearn money. Beware
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My experience with Tradesto has been very positive and is worth sharing. I am a homemaker. And although I have to spend a lot of time managing my home, I have always wanted to earn. In my case, a full-time job didn’t seem quite favourable. I knew forex trading was growing as a big way of earning money from home but I had absolutely no expertise in this area.
When I got to know about Tradesto, I found that even homemakers can earn with forex trading and that too without the expertise at it. For me, this forex broker has always gone a step ahead in supporting me with brilliant guidance.
This is an experienced forex broker and is very professional in services. I have started to learn a lot about forex with Tradesto. I have been making great profits too. I am happy I made the right decision of contacting Tradesto.
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