Tradesto review

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this review we compared Tradesto with competition based on ⏩ fees, spreads, offer of trading assets and experience of traders. Tradesto legally operates in Australia thanks to ASIC, SVGFSA and VFSC license.


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
Readers' rating0 Votes
0
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:E-mail
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: Yes
MetaTrader 4:Yes
Social trading:No

Random reviews of competing CFD brokers: MBroker, FX-Leader, MarketsX and Monfex

Leave A Review
Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
74
Spread and fees
70
Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
75
Customer support speed, availability, availability in the language you speak
75
Based on 4
73
Average rating from reader reviews

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.

Is this an ad?

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.

BrokerEnglishMin. depositSpread EUR/USD*PlatformsLicense
Readers' rating748 Votes
83
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 FCAASICCySecetoro.comreview  EUR/USD*: 1.0 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Etoro.
76% of retail investor accounts lose money when trading CFDs with this provider
Readers' rating768 Votes
86
0 0.9 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of XTB.
In-house built platformFCA CySecxtb.comreview EUR/USD*: 0.9 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of XTB.
Readers' rating475 Votes
79
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 platformFCAASICCySecplus500.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.

Selecting an unsuitable broker can put even a great trader at a loss.

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.

Tradesto review & user ratings

Forum, opinions and user reviews

  1. Chitra Shah says:
    97
    Financial security, fast spread, easy deposit and withdrawal

    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

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    98
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  2. Buddhika Malinga says:
    98
    My Opinion About Tradesto - Its worthy

    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!

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    92
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  3. Anonymous says:
    0.3
    Scam - Tradesto

    It is a scam. You cannot take back your hardearn money. Beware

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    0
    Spread and fees
    0
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    0
    Customer support speed, availability, availability in the language you speak
    0
    1
    0
  4. Lily says:
    100
    I made the right decision of contacting Tradesto

    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.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0

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Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
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