TradeFW is a new European CFD Forex broker that is licensed by CySEC. They opened for new investors in May 2018.
TradeFW is owned by; Itrade Global (Cy) Ltd, which is located at 256 Makarios Avenue, 4th floor, 3105, Limassol, Cyprus. Their phone number is: +357 25 355 388 and their contact email address is support@TradeFW.com.
Offering Forex and Crypto currency traders and investors the user friendly and very popular MetaTrader4 trading platform. TradeFW has available both the desktop MT4 software, along with the web based and mobile versions. They offer in total more than 100 underlying assets for trading CFD’s including all popular Forex pairs and some Crypto Currency pairs like Bitcoin.
Their leverage on all Forex pairs is up to 100:1, and spreads on the EURUSD start as high as 3.2 pips. Trading with leverage can be very risky, and new traders should make sure they fully understand the risks associated with using margin.
Account types start at $250 for a mini ECN trading account, and move up to $10,000 for an ECN VIP account.
Forex Trading Signals
Many Forex brokers today are connected with automated trading robots and signals software. You can research the various trading signals and software, see here.
TradeFW License & Regulation
When the Scam Broker Investigator reviews a Forex CFD broker to determine if they are legit or a scam, we first look for a valid brokers license.
In recent months, we have seen many scam brokers who did not have a licensed go out of business. The best brokers are always licensed by CySEC, ASIC or FSB. Smart investors will always use a licensed broker, because of the protection you are afforded from their financial regulator.
In the case of TradeFW, we see that they are licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 298/16.
Smart investors always review a few different brokers before making a final decision, See the best brokers list.
Go register for a Free Demo Account at: ForTrade.com.
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