For withdrawal problems and issues, read this.
Trading.com Complete Review
Our objective review of Trading.com finds that they are offering Forex trading on a custom trading platform. CFD trading for their European clients is available on the industry leading MT5 trading platform. You will also find the classic MT5 mobile trading apps for Android and iOS.
CFD traders have over 1250 underlying assets available to trade, with leverage margin rates as high as 30:1 for European traders, and 50:1 for American forex traders. Spreads are as tight at 0.6 pips. You will see that they offer CFD’s on; Forex Pairs, Currency, US & European Stocks, Market Indexes, Metals and Commodities.
You can have your trading account denominated in the following currencies; EUR, USD, GBP, CHF, AUD, PLN, HUF. Demo accounts are easily available at Trading.com when you signup for an account. The minimum deposit to start trading live is only $5. Not sure where you are going to get by trade $5, but hey, if that’s what you are looking for, great.
Is Trading.com a Legit Broker?
Yes, Trading.com is a legitimate broker that is licensed and regulated by two governmental regulators.
- United Kingdom: Trading Point of Financial Instruments UK Limited is licensed and regulated by the FCA with license number 705428. Located at: Coppergate House, 10 Whites Row, Spitalfields, London, E1 7NF, United Kingdom. Phone: +442031501500
- United States: Trading.com Markets Inc is licensed and regulated by the NFA as a Forex Dealer. Their license number is: 0516820. Located at: 110 Wall Street, New York, NY 10005. Phone: 833-391-0250
When the Scam Broker Investigator team reviews a new broker to determine if they are legitimate or a scam broker, we first verify that the broker has a valid trading license. Popular financial regulators of brokers worldwide are government agencies like, the FCA in the United Kingdom or the NFA in America, see here.
There are many reasons why investors should only trade with a licensed broker, and if you want to see what happens when you use a scam broker, just read our complaints page.
Compare Regulated Brokers
Choosing which Forex broker to use can be a difficult task since you literally have hundreds of brokers to choose from. Take a look at the most popular brokers listed here.
ForTrade is a popular broker in Europe, because of their unique trading platform. They are licensed & regulated by the FCA in the United Kingdom. Try a Free Demo of their unique trading app, signup here.
If you are currently investing with this broker, please share your experience in the comments below.