Tradeo is a European licensed & regulated CFD broker, that offers a unique social trading app.
Officially owned and operated by; UR Trade Fix Ltd, they are located at: Office 11A, Swepco Court, Griva Digeni 80, 3101, Limassol, Cyprus. Contact phone number in South Africa is: +27108800440 and U.K. is: +442036089905. Email address is: [email protected], and the Official Website is: https://Tradeo.com.
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Tradeo Broker Review
Tradeo is a unique Forex & Commodities CFD broker offering a unique social trading platform. Investors can search and find hundreds of traders to copy or follow, based on a variety of performance indicators.
Social Trading is seen by many as an easy way to invest, however there are many risks involved. Proper research and time must be spent on vetting the various traders you want to follow. Also, past performance is never an indication of future results, which means a “good” trader will not necessarily continue to be profitable.
Do it yourself investors will find a pretty easy to use web based trading software. Leverage goes as high as 1:200, and you can see the spreads they offer on more that 50 underlying assets. Built into the software are trading signals and alerts that you can execute the trade with one click.
Their website is available in the following languages; English, French, Russian, Italian, Spanish, Arabic, Portuguese, German and Korean.
Minimum deposit for a new trading account is only $250.
Is Tradeo a Legit Broker?
Scam Broker Investigator reviews hundreds of CFD / Forex brokers to determine if they are legitimate brokers or scams. The first item that we check to see is if they hold a license to operate as a brokerage firm.
Using a regulated broker is the smart choice for all investors, because their license offers you various protections.
- European investors are covered by their license from CySEC in Cyprus, license number 282/15.
- South African investors are trading with Tample Capital (Pty) Ltd, licensed by the FSCA of South Africa, license number 46452. Local address is: 377 Rivonia Blvd, Rivonia, Sandton, 2128, South Africa.
- International investors are regulated by the International Financial Services Commission (IFSC) in Belize for Delwyn Trading Ltd, license number: IFSC/60/284/TS/17
Comparing brokers can be a long and difficult process, but it is worthwhile so you choose the broker that is right for you. You can see popular brokers listed here, or try one of these brokers.
*72% of retail CFD accounts lose money