Trade 24 broker update
The Trade 24 broker closed its offices in the middle of 2020 and therefore no longer offers any type of financial service.
But if you are interested in investing in Forex and other markets, you can consult the following list of brokers that shows the most important regulated brokers today.
A Forex and CFD broker that we currently recommend is FPMarkets, a company from Australia that offers a good service, including ECN/STP trading conditions. More information at: FP Markets broker review
Trade24-Forex Broker Review
Trade-24 is a broker specializing in Forex, commodities, and Contracts For Difference which began operations in 2013 and has its headquarters located in London, UK. It also has customer service offices in other countries like France, Italy, Cyprus, and Brazil. Currently, this company does not have any regulations, however, is known for offering a variety of services to its customers, including a social trading platform.
Although not a regulated broker, the variety of services offered, including automated trading solutions, make Trade24 an option that can be seriously considered by traders interested in markets such as the Forex.
Type of Broker
Country of origin
- Forex: Trade24 allows to trade with 40 different currency pairs in the Forex spot market from the most important like EUR/USD to other more exotic like the USD/TRY and the EUR/NOK.
- Commodities: Gold and Silver in the spot market, two of the most traded and important commodities in the financial markets.
- Contracts For Difference: CFD based on the following financial instruments:
- Shares of the major financial markets globally.
- Commodities such as precious metals and energy commodities.
- Stock indexes like the S&P 500 and others.
- Standard account: It is the regular trading account of Trade24. This account offers the possibility to trade with a variety of assets and financial instruments, including Forex, commodities, and CFD´s based on indices, stocks, and commodities. The minimum deposit is $100.
- Fixed Spreads Account: This is a specialized trading account that offers the trader the ability to trade with fixed spreads regardless of market conditions. Thanks to this feature, it is a type of account ideal for traders that prefer to trade under stable conditions 100% of the time.
- ECN Account: This is a type of trading account designed for professional traders with experience in the market, which offers real ECN trading conditions, including variable and extremely low spreads, fast executions, and the best prices in the market. The ECN account offers direct market access to the key liquidity providers of Trade24, allowing an efficient execution of transactions. This account is ideal for traders who want to trade under the best possible conditions.
- Metatrader 4: It is a downloadable trading platform and is currently one of the most complete and popular in the field of the Forex market and to trade with instruments like precious metals and CFD. It is a downloadable application that has several trading tools, including updated prices, advanced price charts with multiple time frames (from 1 minute to 1 month), market news, dozens of built-in technical indicators, and others. Metatrader 4 allows the design, evaluation, and implementation of automated trading systems or Expert Advisors, which are based on all kinds of trading strategies. It also offers the ability to copy automatically the operations performed by other traders using this platform.
- Webtrade24 (Sirix-based platform): This is an application that is entirely web-based, which means it requires no download or installation, so it allows trading in the market from anywhere with an Internet connection. This platform has a user-friendly interface and various trading tools, including price charts with multiple time frames, updated market quotes, position management and strategy development functions, various market analysis tools, and interfaces with social networks like Facebook and others. It offers built-in multi-language support as well as a button to make deposits directly. Through this application, the trader can access the social trading network of Trade24.
- Mirror Trader: This is a web-based application developed in conjunction with Tradency, one of the main providers of Forex auto trading solutions in the sector. This platform allows the automatic and semiautomatic execution of hundreds of trading strategies developed by expert traders with years of experience in the market. In this case, the trading signals generated by these systems can be executed automatically in the investor´s trading account in real-time. This type of automated trading is called Mirror Trading. More information about this application through the following link:
- RoboX: This trading tool implements a patented algorithm that communicates between the personalized trading profile and the world’s biggest algorithmic trading database bringing trading packages that are optimized for the investor’s needs. RoboX is a trading technology based on intelligent packages of strategies. It is a service provided by Tradency.
- Applications for mobile devices: These are platforms specifically designed to access the trading account and trade in the market from mobile devices such as smartphones. They are featured with various trading tools, such as updated quotes, price charts, various order types, and various analysis tools.
Main Advantages of Trade24
- Trade24 regularly offers promotions for its clients, including bonuses for opening a trading account and deposit funds.
- This broker has several automated trading options for its customers, including a social trading network that allows to follow and copy the trades of other traders and the use of automated trading systems (Expert Advisors ) through the trading platform Metatrader 4.
- This broker offers a trading account with ECN trading conditions, which is designed for professional traders who want a quick and efficient execution of transactions as well as variable and extremely low spreads.
- Access to an online trading platform (no download or installation is required).
- Various tools for the trader, such as updated market news, market reports, daily and weekly market analysis, and an economic calendar with events that can have a significant impact on the market.
- This broker has several educational resources on the markets and trading in general, such as:
- Video tutorials created for beginners to more experienced traders, which focus on trading strategies, trading basics, money management, trading psychology, market analysis, and the use of the Metatrader 4 platform.
- Free educational e-books.
- A comprehensive glossary of financial markets.
- Access to the company dealing room (dealing desk) in which works professionals with years of experience, provide trading services in real-time and technical support.
- An application designed to access the account and trade in the market for mobile devices such as smartphones or tablets.
- Trade24 offers the ability to earn money by promoting its services as a broker through an affiliate program called Trade24 Partners.
Trade24 Main Promotions
- Currently, this broker offers bonuses of 30% to 100%. For the trader who opens an account and deposits $1000 or more, Trade-24 offers complete protection against losses.
Other categories of this broker
- Metatrader 4 broker.
- Gold Broker.
- Silver Broker.
- CFD Broker.
- ECN Broker.