TradingForex.com

Editorial Rating:
1.67
Accept US Traders:
No

TradingForex.com

TradingForex.com is the result of a collective effort by a group of industry experts all wanting to create an even playing field in the foreign exchange market. Traditionally the FX world was dominated by large banks and financial institutions and the ability to secure competitive trading rates as in independent costumer was almost impossible.

However, since the growth of online trading the market has changed and dedicated FX brokers such as TradingForex.com have allowed individuals to get access to the type of conditions usually reserved for corporate clients. Indeed, entering the online market in 2012, TradingForex.com has created a platform that is compatible in Chinese, English, Spanish and Russian.

In addition to this the site has made it simple for traders to load up their accounts with a range of deposit options, including Visa and MasterCard, Neteller, moneybookers and wire transfer. Once users have managed to fund their account the site has ensured its safety through segregated accounts held in Barclays Banks.

TradingForex.com’s Special FX:

Aside from deposit and reload bonuses, TradingForex.com provides instant rebates to customers for every lot they trade. Similar to rakeback in the online poker world, this system pays traders $12 for every round lot they trade.

This offer is fantastic for regular traders because it gives them a consistent income even if their trades aren’t successful. Indeed, while it might be somewhat trickier for low volume traders to reap the full benefits of the cash back deal, the extra cash they can make will certainly help improve their bottom-line.

Another standout feature of this site is its strategy section. Designed to offer traders the latest market news and profitable deals, the section is perfect for those looking to improve their skill set or professional traders looking to compare tactics.

The Essentials:

TradingForex.com makes use of MetaTrader 4 to give its members access to the FX market and thanks to that software they can enjoy a number of features, including: hedging, trailing stops and pending orders as well as in-chart and one-click trading.

To compliment these features, TradingForex.com has created an ECN (Electronic Communication Network) that offers the following conditions:

Minimum account size = $200

Maximum account size = $5,000,000

Minimum position size = 0.01 lot

Variable spreads typically from 0.8 pips with a minimum level of 0.4 pips.

Commission charge (one-way) per 1 standard lot = $2.50

Scalping and Expert Advisors are allowed.

Leverage = 1:200

Digits quoted after the comma = 5

Margin call level = 80%

Stop-out level = 50%

Number of currency pairs available = 36 (including 8 exotic)

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.