Tradeo Review

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Tradeo Company Information Tradeo is a unique online Forex trading broker that was created in 2012. The owner of the brand is FX Globe Ltd. The company is fully authorized… more

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Website URL
HeadquartersLimassol, Cyprus
Support Number+44-203-608-9905
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, French, Italian, Spanish, German, Bulgarian, Russian, Arabic, Portuguese
Minimum 1st Deposit$250
Minimum Trade Amount0.01 lots
BonusUp to 100%
PayoutUp to 200:1
Free Demo AccountYes
Regulated Yes
RegulationCyprus Securities and Exchange Commission (CySEC)
Account TypesLive, Demo
Deposit MethodsVisa, MasterCard, Maestro, Skrill, Neteller, Sofort, Wire Transfer, TrustPay
Withdrawal MethodsVisa, MasterCard, Maestro, Skrill, Neteller, Sofort, Wire Transfer, TrustPay
Types of AssetsForex, Stocks, CFDs, Commodities, Indices
Account CurrencyUSD, EUR, GBP
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

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Company Information

Tradeo is a unique online Forex trading broker that was created in 2012. The owner of the brand is FX Globe Ltd. The company is fully authorized and operates under the authority of CySEC in Cyprus. Tradeo is an STP type of broker that fully integrates social interaction between traders and makes the online trading experience very different. The company itself has committed to revolutionizing the online brokerage world and offer features and tools that no one has offered before. They have put a lot of effort into their platform and despite the fact that Tradeo has five years of experience in the industry it provides a stellar trading service. By registering on the platform, you gain access to more than 100 trading instruments. The pricing is transparent, and the trading conditions are some of the best in the online trading world. Let’s see what this pioneer in the Forex brokerage offers.

Trading Information

Tradeo currently offers only one type of account which doesn’t have a particular name. Despite the lack of choosing options, you will clearly see that this account type is suitable for both beginner and expert traders. With a relatively small deposit requirement of $250, you get access to a feature rich platform that has an uncommon approach to trading. The spreads are variable and can go as low as 1.9 pips for EUR/USD. The typical spread is 2.4 for EUR/USD. The minimum position size is 0.01 lots. The offered currencies at the time of writing this review are 50. Maximum leverage is set to 1:200 and there are no commissions. Hedging and scalping are allowed, as well as expert advisors. Margin call level is at 100% and stops out level is at %30. Swap-free accounts are available, and PAMM accounts are supported. Other features like one-click trading, pending orders and automated trading are also available. Trading instruments except for Forex are gold and silver, indexes and metals. Tradeo have managed to incorporate all the important instruments and features into one account which is commendable.

Trading Platforms

It’s not surprising that the platform of choice here is the Metatrader4. It has been proven to be the most attractive and stable one throughout the years. It’s suitable for beginner and expert traders and offers excellent trading features. The platform works on Windows and Mac OS devices and has dedicated apps for mobile devices (Android and Apple). So far, there is nothing exclusive about the trading experience. But, this is not all. Tradeo offers a social platform where you can find discussions about different markets and trading strategies. This platform gives you the chance to learn a lot from fellow traders and try their tactics to make a profit. Now, if this doesn’t seem exclusive enough, well get ready to be amazed. Trado’s social trading platform allows you to copy and automatically implement an effective marketing strategy. You can follow successful traders and investors and just duplicate their strategies. This greatly lowers the risk of losing money due to the usage of ineffective trades and investments. Beginner traders can start using difficult to learn tactics right away without having to spend hours in looking for the best approach. “You are not alone anymore” this is what Tradeo’s slogan is, and they couldn’t be more correct.

Security and Customer Services

As a fully regulated brokerage Tradeo provides safe and secure trading experience. There is an effective SSL encryption on their website that provides security for your personal details. Also, the funds you invest are deposited into a separate tier 1 bank account (called a segregated account). It means that they’re kept separately from the company’s operating funds. Customer support is just great. There are plenty of ways to contact the company’s representatives. You can choose from one of three phone numbers (UK, France, and Italy) to get in touch with an employee. Also, there is an email and postal address. The live chat support system is another way you can get answers to your questions. Once you’re registered, you can use the Social Webtrader platform to chat with the customer support. The website is translated into eight major languages that make it easier for non-English speaking clients. The educational materials you can find at the website are exceptional. There are eBooks, webinars, FAQ section and everything a beginner trader needs. On top of that, you can always ask people to help you at the Social Webtrader platform.

Deposits and Withdraws

To fund your Tradeo account, you can use one of several deposit methods. There aren’t that many deposit methods, but processing times are quick, and the deposit requirement is pretty small. One thing that makes the process difficult is when you are registering an account you’ll have to send documents via postal mail. Deposit currencies are EUR or USD. The deposit methods don’t have any charges or fees. Withdrawing the money can be done the same way you made the deposit. There is no minimum withdrawal amount which is nice and means you can access your funds whenever you want. Also, there are no withdrawal fees or charges. The process could take up to two business days to process, but is usually done in 24 hours.

Deposit Bonus and Loyalty Programs

The current promotion that Tradeo offers is the $20 bonus for every first deposit. This offer is available to every new client. Tradeo also has a very generous referral program. If you invite a friend to join the platform, you’ll get a $100 bonus credited to your account and your friends will get a $50 credited to theirs.

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