Trade12 Review

MIN. DEPOSIT $250
Up to 400:1
Up to 100% BONUS
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Trade12
Up to 100%
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Overview

Company Information Trade12 is one of the newest Forex online trading brokers that caused a big sensation in the online trading community by offering excellent trading conditions and superb features…. more

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Details

BrokerTrade12
Website URLhttps://www.trade12.com/
Founded2005
HeadquartersAjeltake Road, Majuro, Marshall Islands
Support Number18882936433
Support Emailsupport@trade12.com
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, Italian, Russian, Arabic, Spanish, Portuguese, Chinese, French, Japanese, Indonesian, Thai, Malay, Cantonese
Minimum 1st Deposit$250
Minimum Trade Amount0.01 lots
BonusUp to 100%
PayoutUp to 400:1
Free Demo AccountYes
Regulated Yes
RegulationGlobal Fin Services, Marshall Islands
Account TypesBeginner, Trader, Expert, VIP
Deposit MethodsVisa, MasterCard, Wire Transfer, China UnionPay, Skrill, cashU, Moneta.ru, Yandex Money, Paysafe Card, AliPay, WebMoney
Withdrawal MethodsVisa, MasterCard, Wire Transfer, China UnionPay, Skrill, cashU, Moneta.ru, Yandex Money, Paysafe Card, AliPay, WebMoney
Types of AssetsForex, Precious Metals, Oil
Account CurrencyUSD, EUR, GBP, AUD
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

Trade12 is one of the newest Forex online trading brokers that caused a big sensation in the online trading community by offering excellent trading conditions and superb features. The brand Trade12 is owned by Trade12 LTD. and launched its online platform in 2015. Trade 12 had provided financial services for over a decade before they decided that they need to expand their operations even further. The company’s headquarters are located in the Marshall Islands, and its processing services are provided by Global Fin Services Ltd. US traders are not allowed on the platform, but otherwise, clients from all over the world are accepted. With its innovative approach and tight spreads, Trade12 is currently one of the most praised online brokers. Their bonus offers and a huge amount of trading instruments make it even more popular. They offer the excellent security of funds and stellar customer support. Let’s see what this new broker is all about.

Trading Information

Currently, there are four types of accounts you can choose from at Trader12. The first one is their “Beginner” account. The minimum deposit requirement for it is $250. The spread type is floating and can go as low as 1.8 for majors. You have a dedicated account manager, 24 hours support, and daily analysis. The minimum trading size is 0.1 lots. The leverage for Forex is 1:400. Next, is the “Trader” account. It requires quite a substantial first deposit of $10 000. It offers tighter spreads (as low as 1.0 pip) but again has the floating spread type. In addition to all the features provided by the “Beginner” account, this one offers ECN broker service. The “Expert” account is an upgrade to the “Trader” account. It has a minimum deposit requirement of $50 000. This type of account is for the most experienced traders and has fixed spreads. They can be as low as 0.8 pips. Also, you get a free bank wire. The “VIP” option is the most advanced version of accounts offered which also offers fixed spreads. The minimum deposit required is not mentioned on the website, and you’ll have to contact your account manager to learn how much it will cost you. The spreads are not mentioned and should also be discussed with your account manager. With the “VIP” account you also get a free VPS hosting.

Trading Platforms

It’s not a surprise that Trade12 went with the Metatrader4 as their main platform. It has been tested throughout the years and has been proven to be the most stable and bug-free platform. Despite it being around for ages it offers all the customizations and versatility that a modern online trader needs. The superb language support and deep liquidity sources make the trading experience even better. You have more than 250 trading instruments at your disposal, and you can trade from charts, signals using just one click. The user-friendly interface is easy for beginners and complicated enough for an expert trader. It offers live streaming of market prices and trading with multiple accounts. The MT4 works with every modern desktop or mobile device. It’s suitable for Windows and MAC operating systems, as well as, Android and Apple smartphones and tablets. The only downside of the MT4 is that you need to download it and install it on your device. But Trade12 have taken care of that by providing a WebTrader platform that you can use from anywhere. It only requires an internet connection and a suitable browser. It offers all the features you need which are similar to the MT4.

Security and Customer Services

The security provided by Trade12 employees is great. They have implemented an SSL encryption on their website which protects the user’s data from theft. Despite that the online platform doesn’t operate under any authority you can be sure your funds are safe because they offer the segregated account option. It means that your funds are deposited separately from the company’s and are not in any danger. The customer support service is great with 24/5 coverage. You can use several methods to get in touch with a company’s representative. A call to one of 21 dedicated phone numbers, fill out an online form, send an email directly or use their online chat system. The language support is also excellent. The website is translated into more than ten languages, and there is customer support for all of them. Alternatively, you can contact the company using their social media profiles on Facebook, Twitter, Google+ and Linkedin. Their education section is easy to use with an attractive interface. You can find information on everything you want to know about trading. There isn’t a FAQ page you can use, but the customer support is always ready to help you with questions regarding the platform.

Deposits and Withdraws

Depositing money into your Trade12 account is made easy with plenty of deposit options made available. While the deposit options are not mentioned on their website (if you don’t make an account) there are more than ten available, including digital wallets (but not Bitcoin). The processing times are quick, and you can start trading instantly (if you don’t choose the bank wire method of course). They use a highly sophisticated money transfer system which is maintained by professionals and mistakes are highly unlikely. Withdrawing money is extremely easy and takes virtually two clicks to complete. There are 24 hours processing time limit, but this is in fact quite quick (compared to other brokers that take up to 5 business days to process a withdrawal).

Deposit Bonus and Loyalty Programs

There are no current promotions or bonus offers provided by Trade12. The company acquires a lot of clients, and it seems it doesn’t have the need of flashy promotions.

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