TradeEU Review – Benzinga
TradeEU ratings at a glance
TradeEU Product Offering
TradeEU recently entered the derivatives market with the vision of making it easy for anyone to start investing in CFDs using its platform. The platform is part of this vision by offering users a virtual trading service and a simple and intuitive internal platform. It also welcomes professional and expert traders with access to the MT5 platform. The industry recognizes MT5 for its more advanced charting tools and functions.
Let’s see what TradeEU can offer you.
Three types of accounts
TradeEU users can choose one of three account types.
- Silver Account: Beginner-friendly CFD investing with spreads from 2.5 pips.
- Gold Account: Aimed at experienced traders, the Gold account offers traders advanced tools and a personal manager. Spreads start at 1.3 pips.
- Platinum account: Offers additional benefits not available on other accounts. The Platinum account is designed for professional and active traders. Spreads start as low as 0.7 pips.
Whichever account you choose, you can leverage your trades up to 1:30 leverage, which can improve your potential profits but at the same time risk heavier losses, so traders should use this tool carefully. Stop-loss and take-profit orders are good risk management tools that can help your trading strategies.
When trading, you can choose from over 250 trading assets, including CFDs on forex, cryptocurrencies, indices, commodities and stocks.
Funding options include credit and debit cards and bank transfers; all are commission free. Accounts have a 50% Stop Level, the level at which all open positions will automatically close.
TradeEU offers users the benefits of trading on the MetaTrader5 (MT5) platform. Users have access to the browser and can start investing in CFDs through WebTrader.
MT5 is a well-known trading platform. Beginners may find it a little difficult to navigate at first and can benefit from the training offered. It is a user-friendly trading platform with excellent graphics. It contains advanced trading and analysis tools and charts that all types of traders can take advantage of.
MT5 supports algorithmic and copy trading. You have access to advanced economic indicators and the economic calendar. TradeEU offers traders access to its proprietary, easy-to-navigate trading application.
Practice your trading strategies using the TradeEU virtual account, a free account. You can get all the practice you need without putting your real money at risk. The default value of the trading account is 100,000 euros and you can simulate trades on the demo account while testing strategies. When you are comfortable with the platform and the markets, you can start trading for real.
You can register online – it only takes a few minutes. All you need is proof of identity and residence and other personal information.
TradeEU offers 24/5 customer support and provides direct phone numbers and an email address for quick access to friendly support. There is no Chatbot, but you can leave your details for a return call.
TradeEU provides users with secure and transparent trade in line with industry standards. The platform is secured by a Secure Sockets Layer (SSL) and all data is encrypted, ensuring the security of customer information.
TradeEU – regulated by the Cyprus Securities and Exchange Commission (CySEC) – offers negative balance protection and funds insurance, separating client funds from corporate funds. Trusted international financial institutions hold client funds.
The amount you pay for a transaction will depend on the type and size of the transaction and your account type.
Expect to pay an inactivity fee if your account is inactive for more than 60 days. Be aware that inactivity fees increase with the length of inactivity time.
TradeEU trades in euros. Currencies other than Euro will incur currency conversion charges. TradeEU does not charge any transaction fees, so your transaction fees are limited to those charged by your financial institution. There is no minimum withdrawal amount. Credit and debit card deposits are made instantly, but you’ll wait three days for bank transfers.
TradeEU offers tight spreads, the size of which depends on the type of account.
You can access the platform in several languages, including German, Portuguese, English, etc. The MT5 application can be difficult to navigate for less advanced traders. However, the TradeEU app is user-friendly and easy to navigate. It allows one-click trading, custom screens, and advanced tools and charts. It offers 24/5 customer support.
TradeEU offers users the possibility to start trading easily. Its vision is to make it easy for beginners or pros to sign up. Along with the intuitive dashboard, TradeEU provides advanced trading tools to help you on your journey. It requires an initial deposit of 250 EUR and offers leverage of 1:30.
The platform offers 24/5 customer support, commission-free trading and competitive spreads. Three account choices and the option to trade on paper before you risk your money means you can match your trading account to your trading strategies.
Frequently Asked Questions
Titanedge Securities LTD owns TradeEU.
Is TradeEU a regulated broker?
TradeEU is a regulated broker with registration number HE411909 under license number 405/21.