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TRADEO Broker Review 2023 - A Detailed Product Guide with Regulations

TRADEO is a brokerage firm that prioritizes providing high-quality service for traders who prefer active trading. Our detailed TRADEO review, which outlines both the pros and cons of using this brokerage, is available here on tradingcritique.com.

Table 1: TRADEO Overview

TRADEO Highlights

Regulated By

The Cyprus Securities and Exchange Commission (CySEC)

Cyprus

Account Types

Standard Account
 
Classic Account
 
Gold Account
 
Platinum Account
 
Premium Account

Demo account

YES

Islamic Account

YES

Minimum deposit 

200 USD or EUR or GBP

Maximum Leverage

1:50

Payment Method

Bank Wire
 
Credit/Debit Cards
 
E-wallets

Account Base Currencies

EUR, USD, GBP

Trading Platforms

MetaTrader 4
 
Web Trader

Commission

NO

Customer Support

24/5

Market Instruments

Details

Shares

YES

Forex

YES

Commodities

YES

Indices

YES

Cryptocurrencies

YES

TRADEO Review - An Intro

TRADEO is a brokerage and an online trading platform that enables traders to invest in financial markets. It is a Cyprus-based online CFD and social trading broker that was established in 2011. It is run by UR TRADE FIX Ltd.

The STP (straight-through processing) strategy used by TRADEO, which guarantees that the spreads given to customers are by actual market rates, enabled the firm to establish some strong benchmarks. The trading experience is improved by the STP model’s guarantee of extremely fast execution times.

TRADEO – Knowledge Bites

The TRADEO broker is actively moving in this direction and specializes in active trading. The organization offers 5 trading accounts for traders to pick from, including ones for beginners, professional traders, and experts. The TRADEO broker provides two trading platforms to its customers: the first is the well-known MetaTrader 4, which can be used to trade from both desktop computers and mobile devices. The exclusive TRADEO Z web terminal serves as the second trading platform. Traders don’t need to download any additional software to access it online.

Image 1:  Home Page of the TRADEO Website

A screenshot from the home page of the TRADEO website

Image Copyrights reserved to the TRADEO Website

Regulations & Trust ability Review of TRADEO

TRADEO is an online CFD broker. The headquarters of TRADEO.com are in Limassol, Cyprus. TRADEO is managed by UR TRADE FIX Ltd, a Cyprus Investment Firm (CIF) that is regulated by the Cyprus Securities and Exchange Commission (CySEC) and under its control.

All transmissions through TRADEO’s SSL-secured platform are encrypted with AES-256. All servers are carefully monitored and managed over while using bank-grade encryption. Any client funds received by the Company will be promptly deposited into one or more segregated accounts with reputable financial institutions, all by the relevant legal and regulatory framework.

Table 2: TRADEO Regulation Details

Country Regulation Headquarters Registration Number Registered Office

Cyprus

The Cyprus Securities and Exchange Commission (CySEC)

License No-(282/15)

Limassol

HE336677

UR TRADE FIX Ltd

15 Spyrou Kyprianou, 4th Floor, Matrix Tower II, 4001 Limassol, Cyprus

Review of Accepting Countries of TRADEO

TRADEO Group accepts customers from all around the world, except the USA and Canada. TRADEO is accessible in more than 190 countries, making it a truly worldwide platform. TRADEO is permitted to offer investment and services to the following countries and Member States:

Table 3: Accepted Countries of TRADEO

Accepted countries
United Arab Emirates
 
Switzerland
 
Sweden
 
Spain
 
Slovenia
 
Slovakia
 
Singapore
 
Romania
 
Portugal
 
Poland
 
Norway
 
Netherlands
 
Malta
 
Malaysia
 
Luxembourg
 
Lithuania
 
Liechtenstein
Latvia
 
Italy
 
Ireland
 
Iceland
 
Hungary
 
Hong Kong
 
Greece
 
Germany
 
France
 
Finland
 
Estonia
 
Denmark
 
Czech Republic
 
Croatia
 
Bulgaria
 
Austria
 

Review on Awards Won by TRADEO Broker

On the TRADEO website, there is no mention of any awards the broker may have received.

Investments, Products, and Instruments Review of TRADEO

You have access to more than 200 instruments with TRADEO. Forex, cryptocurrencies, commodities, indices, and stocks are all available for CFD trading.

Financial Instruments that you can Trade using TRADEO:

Forex

Cryptocurrencies

Commodities

Indices

Stocks

ETFs

Forex

The term “Forex” (foreign exchange) refers to the global market for trading currencies. Tradeable currencies are always exchanged in pairs, and the amount of the second currency needed to purchase one unit of the first currency determines the exchange rate.

Table 4: List of the Most Traded Forex on TRADEO

Forex
USDZAR
 
USDTRY
 
USDSGD
 
USDSEK
 
USDRUB
 
USDPLN
 
USDNOK
 
USDMXN
 
USDJPY
 
USDHUF
USDDKK
 
USDCNH
 
USDCHF
 
USDCAD
 
NZDUSD
 
NZDJPY
 
NZDCHF
 
NZDCAD
 
GBPUSD
 
GBPPLN
GBPNZD
 
GBPNOK
 
GBPJPY
 
GBPDKK
 
GBPCHF
 
GBPCAD
 
GBPAUD
 
EURUSD
 
EURTRY
 
EURSEK
EURPLN
 
EURNZD
 
EURNOK
 
EURJPY
 
EURHUF
 
EURGBP
 
EURDKK
 
EURCHF
 
EURCAD
 
EURAUD
CHFJPY
 
CADJPY
 
CADCHF
 
AUDUSD
 
AUDNZD
 
AUDJPY
 
AUDCHF
 
AUDCAD

Cryptocurrencies

Cryptocurrencies are exchanged in pairs, such as Litecoin vs the US dollar (LCT/USD), much like forex trading. You can trade cryptocurrency pairs including Bitcoin, Ethereum, and Ripple as CFDs at TRADEO.

Table 5: List of the Most traded Cryptocurrencies on TRADEO

Cryptocurrencies
ZECUSD
 
XTZUSD
 
XRPUSD
 
XMRUSD
 
XLMUSD
XDGUSD
 
USTUSD
 
TRXUSD
 
REPUSD
 
MLNUSD
LTCUSD
 
LIKUSD
 
GNOUSD
 
ETHUSD
 
EOSUSD
DOTUSD
 
BTCUSD
 
BCHUSD
 
ATOUSD
 
ADAUSD

Commodities

The purchasing and selling of raw materials including gold, silver, coffee, and oil are known as commodity trading. Without having to purchase and store the actual, physical products, you may be able to profit from price increases and drops in these raw materials by using commodity CFD trading.

Table 6: List of the Most Traded Commodities on TRADEO

Commodities
XAUUSD
 
XAGUSD
 
WHEAT - DATE
 
SUGAR - DATE
 
PA - DATE
ORJUIC - DATE
 
NICKEL
 
NATGAS - DATE
 
CRUDE - DATE
 
COTTON - DATE
CORN - DATE
 
COFFEE - DATE
 
COCOA - DATE
 
BRENT - DATE
 
ALUMINUM

Indices

A collection of stocks that represents a certain segment of the financial market is known as an index. Investors use indices as a standard to evaluate the strength and sentiment of the market as a whole. The FTSE 100, NASDAQ, and Dow Jones are just a few of the popular indexes that you may invest in through TRADEO.

Table 7: List of the Most Traded Indices on TRADEO

Indices
SMI20 - DATE
 
S&P500 - DATE
 
NIKKEI - DATE
 
NASDAQ - DATE
 
IT40 - DATE
 
IBEX35 - DATE
 
HK50 - DATE
 
FTS100 - DATE
EUR50 - DATE
 
DJ30 - DATE
 
DAX30 - DATE
 
CAC40 - DATE
 
ASX - DATE
 
AEX25 - DATE

Stocks

The purchasing and selling of shares in a firm are referred to as stock trading. You can invest in CFDs in the stocks of more than 100 large companies from all major markets, like Facebook, Amazon, Google, and more, with TRADEO.

Table 8:  List of the Most Traded Stocks on TRADEO

Stocks
WMART

 

WALMART

 

VOLVO

 

VISA

 

UBS

 

UBER

 

Twitter Inc. Nasdaq (USA)

 

TOYOTA
TESLA

 

SPOTIFY

 

SONY

 

ROYAL

 

PYPL

 

NOKIA

 

NETFLIX

 

NCLH

 

MSFT

 

MODERNA
MCD
 
LYFT
 
LVMH
 
JUVENTUS
 
JUMIA
 
JPM
 
CISCO
 
BP
 
AIRBUS
 
ADIDAS
BOEING

 

BMW (Frankfurt Stock Exchange)

 

APPLE

 

AMAZON

 

ALIBABA

 

COLA

 

COKE
INTEL
 
HP
 
H&M
 
GOOGLE
 
FERRARI
 
FACE
 
EXXM
 
EBAY
 
DISNEY

ETFs

ETFs are collections of securities with live prices across the trading days that are exchanged on stock exchanges. You can buy or sell ETFs at any time of the day, unlike mutual funds, which can only be traded at the close of the market. Limit orders and stop-loss orders are just two of the different order types that can be used to trade ETFs.

Table 9: List of the Most Traded ETFson TRADEO

ETFs
Vanguard Total Stock Market Index ETF
 
Vanguard European Stock Index Fund ETF
 
Vanguard Emerging Markets Stock Index Fund ETF
 
The Cannabis ETF
 
Spdr S&P Oil & Gas Exploration & Production ETF
 
MicroSectors FANG+ Index 3X Leveraged ETF
 
LYXOR ETF Daily X2 Short Bund
 
iShares Silver Trust ETF
 
Direxion Daily S&P 500 Bull 3X Shares ETF
 
SPDR S&P Oil & Gas Equipment & Services ETF
 
SPDR S&P Metals & Mining ETF
 
Spdr S&P Biotech ETF
 
ProShares VIX Short-Term Futures ETF
 
ProShares UltraShort Silver ETF
 
ProShares UltraShort S&P500 ETF
ProShares Ultra QQQ ETF
 
ProShares Ultra Financials ETF
 
ProShares Short VIX Short-Term Futures ETF
 
ProShares Short S&P500 ETF
 
ProShares Short QQQ ETF
 
Direxion Daily S&P 500 Bear 3X ETF
 
Direxion Daily 20+ Year Treasury Bull 3X Shares ETF
 
AdvisorShares Pure Cannabis ETF
 
ProShares UltraShort Oil & Gas ETF
 
ProShares UltraPro Short Dow30 ETF
 
ProShares UltraPro QQQ ETF
 
ProShares Ultra S&P500 ETF

Trading Platforms available in TRADEO - A Review

With an all-inclusive trading environment supported by cutting-edge, professional-grade technology, TRADEO’s platform simplifies the complete process.

Trading Platforms that can be used for Trading in TRADEO:

Meta Trader 4

Web trader

Meta Trader 4

TRADEO offers a well-known, powerful, and user-friendly MT4 platform in addition to its social trading function known as Trading Signals. As well as a desktop platform for PCs and Macs, MT4 also provides a web-based platform and mobile apps for both iOS and Android devices. A Senior Account Manager is available to help customers who open the MT4 Platform account type.

Web Trader

TRADEO offers a social trading platform that is entirely its own. Both beginner and experienced investors will find the company’s web-based platform to be user-friendly and full of special features. As a result, the firm can fully customize its trading activities to unique requirements. An Executive Account Manager is available to help customers who open the Web trader Platform account type.

The trading platform offers a variety of features, including social charts, seamless trading amongst traders, social feeds, real-time charting, fully immersive chat functionality, live streaming prices, copy trading, and one-click trading ability.

TRADEO Mobile App Review

TRADEO has also launched trading applications for mobile phones running iOS and Android. Using mt4 and other trading platforms of the user’s choice is possible for traders through mobile trading apps. TRADEO provides mobile trading applications with all the features found in their web-based social trading platform. The smartphone apps give traders access to professional traders’ real-time trading performance. Additionally, traders can use the applications to perform technical analysis on live charts.

Review of Types of Accounts available in TRADEO

TRADEO gives customers a choice of various account types that are suitable for both experienced traders and newcomers. The minimum deposit amount, leverage, bonus, and training materials for each account type are different.

The TRADEO Account Types are:

Standard Account

Classic Account

Gold Account

Platinum Account

Premium Account

Table 10: Features of Accounts available on TRADEO

Features Standard Account Classic Account Gold Account Platinum Account Premium Account

Minimum Deposit

€1,000

€2,500

€10,000

€25,000

€50,000

VIP Services

-

-

-

-

Trial Period

Trading Commission

Standard

Standard

Up to 10% Discount

Up to 25% Discount

Up to 50% Discount

SMS Trading Notifications

-

-

Private Trading Sessions

-

-

2 Sessions/Month

4 Sessions/Month

8 Sessions/Month

Private One-on-One Trading Academy

1 Session

Up to 3 Sessions

Up to 4 Sessions

Up to 8 Sessions

Up to 16 Sessions

Relationship Manager

Trial Period

Image 2 TRADEO Account Types

A screenshot that shows the information about the Account types on the TRADEO website

Image Copyrights reserved to the TRADEO Website

TRADEO Pro Account Review of TRADEO

Existing customers are the only ones who can access the TRADEO Pro account. All TRADEO accounts include the same choice of trading platforms, instruments, and STP transaction execution. There is no fixed leverage ratio for professional clients. Professional customers also get first access to new product releases and a dedicated account manager. Professional clients do not enjoy the same level of security as retail customers.

Image 3: TRADEO Pro Account

A screenshot that shows the information about the TRADEO pro account on the TRADEO website

Image Copyrights reserved to the TRADEO Website

Demo Account Review of TRADEO

You would need to ask for a demo account through the live chat feature or by speaking with your account manager to request one. The demo account can be set up with up to $50,000 in virtual money.

Fees & Commissions Review of TRADEO

TRADEO clients do not need to pay commissions on trades. Depending on the trading asset, the spreads might vary and begin at 0.9 pip. Accounts that have not been used for up to 90 days may incur a charge of $22.00, €20.00, or £15.00. The base currency account’s conversion fees were Up to 0.5%

Deposit & Withdrawal Methods Review of TRADEO

TRADEO accepts bank wire transfers, Neteller, Skrill, and all of the major credit and debit card companies. There are no fees associated with any deposits made to a TRADEO trading account. A minimum deposit of 200 EUR, USD, or GBP is required to begin trading.

You can withdraw money from TRADEO using a credit card, bank transfer, Neteller, SOFORT, or Payoneer. The withdrawal cost of a wire transfer is 30 EUR, USD, or GBP for amounts up to $10,000 and 0.03% for $10,000. The minimum withdrawal should exceed 15 dollars, euros, or pounds.

Table 11: Deposit Methods & Fees on TRADEO

TRADEO Deposit Method Deposit Fee
E-wallets

Free of Charge

Credit Card

Debit Card

Table 12: Withdrawal Methods & Fee on TRADEO

TRADEO Withdrawal Method Withdrawal Fee

Internal Transfers

Free of charge

Wire Transfers

Up To 10,000- 30.00 $ / €/ £

Above 10, 000 - 0.30% Fee of the

withdrawal amount

Alternative Payment Methods

1%

with a minimum Fee of 15 $ / €/ £

Credit Cards

15.00 $ / €/ £

Leverage available on TRADEO - A Review

TRADEO provides up to 1:30 in leverage. Leverage can greatly raise the profitability of the initial investment, but it can also significantly increase the possible losses you could sustain, especially when making large investments.

Table 13: Assets & Leverage Ratio on TRADEO

TRADEO Assets Maximum Leverage Ratio

Cryptocurrencies

Up to 1:2

Shares

Up to 1:5

Indices

Up to 1:20

Commodities

Up to 1:20

Forex

Up to 1:30

Trading Tools Review of TRADEO

The trading experience is revolutionized by TRADEO’s powerful and user-friendly tools for both experienced traders and beginners seeking to progress.

Trading Tools available in TRADEO:

Personal Account Manager

TRADEO VIP Program

Trading Central

Personal Account Manager

TRADEO offers one-on-one instructional sessions and expert account managers to help and assist clients. Customers have immediate access to the Educational Centre, which unlocks a variety of resources, including instructional videos, to help them become smart investors.

TRADEO VIP Program

For traders seeking more affordable pricing and charge structures, TRADEO created the VIP program. The program is designed for clients with high trading volumes and provides participants with specialized training to help them understand the markets.

Trading Central

Trading central is known as a prominent source of Technical Analysis, with a well-deserved record for the reliability of its financial market insights. All of the most frequently traded forex currency pairs are included in the technical analysis.

Clients of TRADEO have access to the Trading central daily signal service. The signals are presented in quick access with clearly defined support and resistance levels, and they cover a diverse range of tradable assets, including currency pairings and commodities.

Bonus Review of TRADEO

TRADEO doesn’t provide traders with any bonuses or promotions.

Education and Research Review of TRADEO

A large collection of training videos covering every element of trading Forex and CFDs, from the fundamentals to more complex subjects like technical analysis. They provide a variety of training materials, such as webinars, video tutorials, and more, to assist you in getting started. Webinars are presented by experienced traders and industry professionals who can teach you about various trading methods and how to utilize them successfully.

Advantages & Disadvantages of TRADEO

TRADEO has both advantages and disadvantages which are listed in Table 14.

Table 14 : Pros and Cons of the TRADEO Website

Pros of TRADEO Cons of TRADEO
Client trades are executed quickly
TRADEO offers a user-friendly UI
User can trade with a variety of financial instruments
access to current market analyses and data
Real-time execution and quotes
technical analysis and advanced charting software

 CFD spreads are very high

 TRADEO doesn't offer any perks or promotions to traders

Customer Support Review of TRADEO

TRADEO offers its clients multilingual customer service by email, phone, and live chat.  On each page of its website, the broker also offers a helpful Live Chat feature that you can use to ask general questions and get technical support around the clock. All frequently asked questions are addressed in the FAQ section, which is especially helpful for newcomers who wish to learn more about the company’s trading practices.

Table 15 : Customer Support Service Details of TRADEO

Social Media Pages of TRADEO

Phone

+35722222113

Fax

+357 25 030 965

Email

Image 4: FAQ Section of the TRADEO Website

A screenshot that shows the information about the FAQ section on the TRADEO website

Image Copyrights reserved to the TRADEO Website

In a Nutshell

Frequently Asked Questions - TRADEO

1. What is TRADEO's required Minimum Deposit?

To start trading with TRADEO, you must make a 250 deposit.

2. How much Time do TRADEO Withdrawals require?

The processing period for TRADEO withdrawals varies based on the method but generally takes 2 to 5 days.

3. Is TRADEO subject to Regulation?

The Cyprus Securities and Exchange Commission (CySEC) oversees TRADEO’s services.

4. When was TRADEO Established?

In 2011, TRADEO was established.

5. Does TRADEO provide a Demo Account?

TRADEO has a demo account option.

Choosing the right broker is vital to your success as a trader, and we understand that. That’s why we take the time to thoroughly evaluate each and every brokerage firm to ensure that we only recommend the very best. And that’s not all – we offer complete evaluation of the leading brokers and trading advice to help you improve your skills and make more profitable trades. Visit tradingcritique.com today and start trading smarter!

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