TradeEU.com Review In March 2023
TradeEU.com is a CFD platform for beginner and professional traders. Despite being relatively new to the industry, it has already onboarded numerous customers through its customer-centric services. This TradeEU.com review 2023 will provide insight into what the platform offers to those considering opening an account with the broker.
We opened an account with the broker’s website to assess its features and deliver an unbiased review. At first glance, the platform appeared intuitive and impressive, which suggested that it is a comprehensive trading platform.
This TradeEU.com review 2023 will provide an overview of the broker’s fees, trading options, account types, and customer support to help you determine whether or not the broker is a good fit for you. Let’s take a closer look.
What Does The Platform Offer?
In this detailed TradeEU.com review 2023, we have compiled a list of the platform’s best features that are worth mentioning before deciding on using their services. A summary of the platform’s key offerings are as follows:
- Low Spreads and High Leverage
- A Range of Great Withdrawal Options
- Attentive and Well-Informed Customer Service Staff
- Intuitive Advanced Trading Platform
- Native Learning Platform
Account Types Offered
TradeEU.com offers three live accounts and a free demo trading account for generous account offerings. The silver account is best for beginners, while the platinum account is for advanced and professional traders. Please refer to the information below to better understand each account’s features.
Silver Account
- EA’s Supported
- Hedging Allowed
- Stop Out Level – 50%
- Tight spreads – start from as low as 2.5 pips
- 24/5 Superior customer service
- No Commission
- Access To TradeEU App
- Educational materials & daily analysis
- Maximum Leverage Up to 1:30
- Minimum Volume Size – 0.01
Gold Account
- Dedicated Account Manager
- EA’s Supported
- Hedging Allowed
- Stop Out Level – 50%
- Tight spreads – start from as low as 1.3 pips
- 24/5 Superior customer service
- No Commission
- Access To TradeEU App
- Educational materials & daily analysis
- Maximum Leverage Up to 1:30
- Minimum Trade Size – 0.01
Platinum Account
- No Commission
- Access To TradeEU App
- Tight spreads – start from as low as 0.7 pips
- Educational materials & daily analysis
- Maximum Leverage Up to 1:30
- Minimum Trade Size – 0.01
- Dedicated Account Manager
- EA’s Supported
- Hedging Allowed
- Stop Out Level – 50%
- 24/5 Superior customer service
The firm also offers a demo account option to clients, allowing them to access free virtual funds with no validity necessary for new users.
Get To Know The Tradable Instruments
TradeEU has a wide selection of 250+ tradable instruments, higher than most online CFD brokers. The following assets are available for trading on the platform:
Forex
- Major Currency Pairs – EUR/USD, GBP/USD, USD/JPY, etc.
- Crosses – EUR/JPY, GBP/CHF, GBP, JPY, etc.
- Exotic – CHF/SGD, USD/SGD, USD/SEK, etc.
Commodities
- Metals – Gold, Silver, Palladium, etc.
- Agriculture – Corn, Wheat, Soybean, etc.
- Oil & Gas – Brent Crude Oil, WTI Crude Oil, Heating Oil, etc.
Cryptocurrencies
- BTC/USD
- ETH/USD
- LTC/USD
- XRP/USD
Indices
- US – US SPX 500, US DJ 30, U.S. Dollar Index Future, etc.
- Europe – DAX, FTSE 100, EURO STOXX 50, etc.
- Asia – Hang Seng Index, China A50 & Vietnam Index.
Stocks
- Apple
- Microsoft
- Netflix
- CGC
- Alibaba
Fees And Spreads
TradeEU charges a transparent fee structure for using their services. This includes five categories: spreads, commissions, application fees, swaps, and Inactivity fees. There are no hidden fees. Spread fees vary depending on one’s account type, and inactivity fees apply to dormant accounts.
Spreads
Column 1: Account Type: Silver, Gold Platinum
Column 2: Spreads (In Pips): 2.5, 1.3, 0.7
Inactivity Fees
Column 1: Inactivity Days: 1-60, 61-90, 91-120, 121-150, 151-180, 181-210, 211-240, 241-270, 271-300 After 301 Days
Column 2: Fees: Fee, €50, €100, €100, €100, €250, € 250, €250, €500 per month.
The details listed above were recorded as of March 2023, so may not be the most up-to-date and it’s worth checking with TradeEU directly for the latest information.
Maximum Leverage
TradeEU’s maximum leverage ratio is fixed at 1:30 for all account types.
Deposits & Withdrawal Methods
The broker offers several payment methods for deposits and withdrawals, including credit/debit cards and wire and bank transfers. There are no fees imposed by the platform; however, your payment processor may charge a fee for using their services.
Column 1: Payment Methods: Visa, Mastercard, Maestro, SEPA
Column 2: Currency: EUR, EUR, EUR EUR
Column 3: Fees/Commission:: Free, Free, Free, Free
Column 4: Processing Time: Instant, 1-3 business days, , 3-5 business days, 3-5 business days
Educational Resources
The platform has a dedicated learning section featuring FAQs and Glossary. However, trading blogs and webinars are currently not available on the platform, which is its main shortcoming. The full range of educational services are as follows:
Educational Support
- Glossary
- FAQs
Research Support
- Economic Calendar
- Trading Hours & Holidays
- Trading Conditions
- Technical & Analytical Tools
Customer Support
TradeEU offers exceptional customer support, with team members available 24×5 to answer client queries. During this TradeEU review, we had the opportunity to contact customer care for various inquiries and were pleasantly surprised by their timely responses in under 5 minutes. Contact TradeEU customer support via the following methods:
- Email: [email protected]
- Telephone Number: +357 252 61 736
In Summary
The review of TradeEU from 2023 showed that this broker is most suitable for beginner and expert traders alike. Its features, such as state-of-the-art trading platforms, dependable customer support, competitive fees, and multiple account options make it an ideal choice for any trader.
TradeEU is a reliable CFD broker which complies with all regulations, provides full transparency, and offers competitive fees. It could further improve by expanding its educational section and adding other offerings, making it a must-try platform for investors.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.