4 Best FX Brokers: Recommended For Canadian Day Traders

What’s up Traders, in this article, we’re going to be talking about 4 Best FX (Forex) Brokers That Are Recommended For Canadian Day Traders.

Some of Canada’s top brokerages for day trading are discussed in this piece.

There are numerous conventional and online brokerages available to Canadians. Which ones, though, are ideal for day traders?

The best online brokerages for day trading in Canada are included in this article along with details about their costs, benefits, and disadvantages so you can make an informed decision.

Platforms for day trading offer investors the chance to lock in short-term gains before the trading day is over. 

They are made to be quick and simple to use, but strong enough to execute more complicated trades, allowing you to profit from real-time market changes.

 

4 Best Forex Brokers For Canadian Day Traders

 

1. SUPERFOREX
2. AVATRADE
3. EIGHTCAP
4. TRADEVIEW

 

1.SUPERFOREX

 

With account types for ECN and STP execution and 400+ instruments available on the MetaTrader 4 platform, SuperForex is a multi-asset online securities and derivatives broker. 

The highest leverage, member area security features, client login and account verification, how to register and open a real account, and other topics will all be covered in this evaluation of the SuperForex broker.

 

Company Information

 

• Trading Platform
• Assets
• Fees
• Leverage
• Mobile Applications
• Payment Methods 
• Demo Account
• Offers & Promotions
• Regulation & Licensing
• Extraordinary Qualities
• Account Types
• Benefits
• Drawbacks
• Trade Times
• Customer Support
• Security & Safety
• SUPERFOREX Conclusion

With the goal of making forex accessible and integrated into daily lifestyle activities, SuperForex was established in 2013. 

From its base in Belize, the broker now conducts business in more than 150 nations worldwide. There are offices present all over the world, including in South Africa, Zimbabwe, Zambia, Malaysia, and Indonesia. 

The International Financial Services Commission (IFSC) has approved ID verification and sign-in security measures for the brokerage.

 

Trading Platform

Customers of SuperForex have access to the MetaTrader 4 (MT4) trading platform, which they can use as a web trader through all popular browsers or download to desktop devices. 

User reviews and ratings provide promising and favourable feedback regarding the user-friendly interface and straightforward navigation. Features consist of:

• Historical data
• 39 graphic objects
• Live news streams
• Customisable charts
• 4 pending order types
• View full trading history
• One-click order execution
• SuperForex flash MT4 scalper
• 50+ built-in technical indicators
• User-friendly, multilingual interface

So that you can benefit the most from your MT4 trading experience, a video instruction is available. 

Windows and macOS-compatible devices can use the terminal. Note that the MetaTrader 5 (MT5) platform is not presently available with SuperForex.

 

Assets

SuperForex provides clients with opportunities for asset trading and investing in the following markets:

Forex: 100+ Currency pairs, major, minor, and unusual

Commodities: Bet on pricey commodities like gold and oil.

Indices: Trade international indices including the FTSE 100, Dow Jones, Nasdaq, and S&P.

Cryptocurrencies: 10 Well-known cryptocurrency/USD pairs, including Bitcoin, Ethereum, and Litecoin

Stocks: Trade stocks of some of the greatest firms in the world, including as Amazon, Apple, Tesla, and IBM.

 

Fees

Depending on the type of account, the broker offers a variety of spreads. These brokers are fairly competitive with one another. 

Direct market execution and variable spreads are advantageous for ECN accounts. The STP standard account often had spreads of 3 pip for USD/EUR, 3.5 pip for USD/CAD, and 6.5 pip for GBP/JPY. 

The price for XAU/GBP was 8 pip. On the Profi STP account, commission is charged, along with a $21.50 trade fee for selected instruments. Positions held overnight are subject to swap rates from the broker.

 

Note: I’ll earn a referral fee (No any extra fee for you) if you sign up with them. But they are reliable in my opinion (as of this writing). I always want and find the best for you so that you don’t get into trouble.

 

Leverage

By account type, SuperForex leverage rates also differ, with rates as high as 1:2,000 available. This is really high, thus if using such high leverage, I would advise using appropriate risk management measures. 

The only leverage available for trading cryptocurrencies is a maximum of 1:10. By contacting customer care by email or live chat, retail customers can modify their leverage limitations. 

Since the broker does not adhere to ESMA trading standards, there are no legal capping limitations.

 

Mobile Applications

No matter where you are, the SuperForex mobile app gives you a full trading experience right from your smartphone or tablet. 

The MT4-integrated app is freely downloadable for iOS and Android (APK) gadgets. On the move, use analytical tools and fully functional trading features from the desktop trading platform, such as customizable charts and graphs. Features consist of:

• Copy-trading
• Trading signals
• Open or close trades
• Access analytical articles
• Track quotes in real-time
• Live streaming economic news
• Deposit and withdraw to your trading account

 

Payment Methods 

 

• Deposits
• Withdrawals

 

Deposits

Although there are several minimum deposit requirements, $1/£1/€1 is the lowest, which is perfect for a beginner trader. 

All deposit payment options are free at SuperForex, but there may be exchange or third-party bank fees. A variety of base currencies are available for opening accounts. Options for payment include:

Bank Wire Transfers: Take two to four days to process.

Credit/Debit Cards: Instant processing for credit/debit cards. comprises both Visa and Mastercard.

SuperForex Money: Instantaneous processing using SuperForex Money. 7% off as payback on deposits.

Electronic Payments: Instant processing for electronic payments. Skrill, Neteller, SticPay, and Perfect Money are examples of e-wallets.

Local Payments: Instant processing for local payments. Among the transferable currencies are MYR, IDR, ZWD, and NAD.

Cryptocurrencies: Instantaneous processing with cryptocurrencies. Bitcoin, Dogecoin, and Litecoin are among the accepted currencies.

Be aware that some techniques might be restricted to specific regions.

 

Withdrawals

There are SuperForex withdrawal fees that vary depending on the mode of transaction. Some techniques have minimum withdrawal thresholds. Before money may be taken out of a live account on verified accounts, a pin code must be entered.

Cryptocurrencies: Processing takes 1-3 hours for cryptocurrencies. Commission of 5%.

SuperForex Money: Processing time for SuperForex Money is 1-3 business days. No commission.

Local Payments: processing takes one to three hours. There are charges for local bank wires.

Electronic Payments: Take one to three hours to process. There are several commissions and fees involved.

Credit/Debit Cards: Processing takes 1-3 hours for credit/debit cards. $7 plus 3% commission a $20 minimum withdrawal.

Bank Wire Transfers: All account currencies for bank wire transfers Processing of withdrawals takes 2-4 business days, plus $35 and 3% commission.

 

Demo Account

The broker’s website offers a free sample account in either USD or EUR. These accounts offer a safe way to test trading strategies, browse platform features, and practise trading. 

SuperForex traders can experience real-time trading conditions and prices and have access to up to £50,000 in virtual funds. 

Similar to XM, Tickmill, and HotForex, opening a demo account only requires completing a brief online registration form.

Throughout the year, SuperForex runs special demo account contest cycles. These may be directed at certain tools, such as the Bitcoin Mania and Gold Rush competitions. 

Customers are required to use paper trading accounts to trade demo instruments. Retail traders can receive incentives worth up to a $100 deposit into a real account if their accounts have the greatest balances at the end of the cycle.

 

Offers & Promotions

SuperForex offers a number of reward and bonus programmes. This comprised a 202% bonus claim for adding funds to a live account, a no deposit bonus, a $1,000 introduction incentive, and a 40% welcome bonus on initial deposits. 

Certain incentives can’t be combined with others. In order to help customers choose which option to apply for, the broker offers a comparison chart. Always read the terms and conditions of bonus claims as there can be unstated restrictions on bonus withdrawal.

Added perks are offered by a membership club based on account earnings. All SuperForex customers may sign up, but there is a $100 minimum deposit requirement and no minimum trading volume. 

Members have access to reduced spreads, exclusive analytics, round-the-clock customer service, and increased deposit protection.

 

Regulation & Licensing

The International Financial Services Commission oversees and approves SuperForex (IFSC). The IFSC is not thought of as a top-tier regulator, thus it might not provide the same levels of security as other reputable financial authorities. 

Traders should be aware of this. But even a little control is preferable to none. The broker does take steps to ensure client monies are kept separate and that anti-money laundering regulations are followed.

Residents of the United States of America or Ukraine are not eligible for services.

 

Get trading with SUPERFOREX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create SUPERFOREX Account Click Here

 

Extraordinary Qualities

The website of SuperForex broker offers a number of helpful educational resources. This contains investment PDF articles, a glossary of words for the forex market, and beginner-friendly trading-related YouTube video content. 

Understanding financial indicators, utilising a profit and loss calculator, copytrade advice, spreads, the advantages of using a trading bot, and other topics are covered in this course. 

You can also get information on training centres and live seminar events. All clients can access them, and physical education facilities can be found in nations throughout the world such Kenya, Tanzania, Rwanda, Nigeria, and Uganda.

The broker also offers its clients free access to Pattern Graphix software. This expert advisor (EA) automated trading programme utilises the MetaTrader 4 trading platform. 

The system can propose the best trades to place based on patterns it finds in price movement graphs. Just download it, and your MT4 account will automatically sync with the service.

 

Account Types

 

• ECN Execution
• STP Execution

Several real account types with ECN or STP execution are available from SuperForex. Each account has unique trading circumstances that are appropriate for unique tactics. 

Low minimum deposit requirements are perfect for a novice trader. Base currencies can range, but possibilities for accounts include USD, EUR, GBP, and ZAR, which eliminates the need for occasionally expensive swaps. 

To assist you choose an account, we advise using the demo account first. Features of live accounts include:

 

ECN Execution

 

• Standard: $1/€1/£1 minimum deposit, $100,000 lot size, floating spreads.
• Swap-Free: $1/€1/£1 minimum deposit, $100,000 lot size, floating spreads.
• Standard Mini: $1/€1/£1 minimum deposit, $10,000 lot size, floating spreads.
• Swap-Free Mini: $1/€1/£1 minimum deposit, $10,000 lot size, floating spreads.
• Crypto: $100 minimum deposit, 10 BTC lot size, floating spreads, USD account currency only.

 

STP Execution

 

• Crypto: $100 minimum deposit, 10 BTC lot size, fixed spreads, USD account currency only.
• Standard: $1/€1 minimum deposit, $10,000 lot size, fixed spreads, forex copy included.
• Profi STP: $500 minimum deposit, $100,000 lot size, 0 spreads, USD/EUR/GBP/ZAR account currencies only.
• No Spread: $100/€100 minimum deposit, $100,000 lot size, 0 spreads, USD/EUR/GBP account currencies only.
• Swap-Free: $1/€1 minimum deposit, $10,000 lot size, fixed spreads, forex copy included.
• Micro Cent: $1/€1 minimum deposit, $3000/€3000 maximum deposit, 10,000 cents lot size, fixed spreads, USD/EUR account currencies only.

Opening a live account is a simple procedure. Customers must fill out an online registration form, which under the know your customer (KYC) requirement may need identify verification materials such proof of residency. 

It is encouraging to note that SuperForex has an Islamic trading account; customers should sign up for a swap-free account for this account type.

 

Benefits

 

• Educational materials.
• 400+ Different trading tools.
• Demo account with fake money.
• Deposits start at just $1/€1/£1.
• Utilize the 5% yearly interest on the account’s equity.
• Free use of the Pattern Graphix software.
• A variety of account types that execute via ECN or STP.
• Numerous payment options, including cryptocurrency, are accepted.
• You can add security measures to individual accounts.
• Automatic balance reset programme (negative balance protection).

 

Drawbacks

 

• Lack of a MetaTrader 5 trading platform.
• Several unfavourable customer evaluations in 2021.
• In the industry, the regulatory provider is not as well known.

 

Trade Times

The brokerage operates from 07:00 to 17:00 GMT and 24 hours a day, Monday through Friday, although specific trading hours may vary depending on the asset.

 

Customer Support

SuperForex provides many ways for customers to contact them:

Phone number: +442045771579

Email: [email protected]

Live Chat: Each webpage’s Live Chat logo is in the bottom right corner.

Social Media: Social media platforms like Facebook, Twitter, and Whatsapp.

It was encouraging to note that the broker offers a thorough FAQ area. The download process for MetaTrader 4, specifics on how to deactivate a SuperForex account, adding the simple $50 deposit bonus or affiliate code, support for card verification, and MPESA deposits are among the topics covered.

 

Security & Safety

We were glad to find that all consumers could access a high level of fund security safeguards. This provides settings for IP address access, combinations for account verification, segregated funds, and access to login history. 

An SSL certificate is used to encrypt any personal data transferred between client terminals and the platform service. The MT4 trading terminal has dual-factor authentication, secure login features, and data privacy that meets industry standards.

 

SUPERFOREX Conclusion

With choices for zero, fixed, and floating spreads on a wide variety of trading instruments, SuperForex provides a respectable trading environment. 

The broker’s regulation may not be the best, but its positive balance protection, deposit protection, and fund segregation programmes are comforting. 

SuperForex is a competitive broker, especially for new traders, thanks to its selection of order execution options, cheap minimum deposit requirement, incentives, and educational materials.

 

Get trading with SUPERFOREX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create SUPERFOREX Account Click Here

 

Questions about SUPERFOREX

 

• Is SUPERFOREX a Broker that is Regulated?
• What kinds of accounts does SUPERFOREX provide?
• Are There Nasdaq Trading Opportunities at SUPERFOREX?
• Is SUPERFOREX a Scam Or Legit?
• Is SUPERFOREX an Excellent Broker?

 

Is SUPERFOREX a Broker that is Regulated?

Yes, the International Financial Services Commission regulates SuperForex as a legitimate brokerage company (IFSC). 

This, together with the service provider’s customer testimonials and security measures, suggest that it is unlikely a fraud.

 

What kinds of accounts does SUPERFOREX provide?

Several real account types with ECN or STP execution are available from SuperForex. These come in fixed, floating, or no spread choices, depending on your strategy’s requirements. Minimum deposits start at £1/$1/€1, depending on the currency.

 

Are There Nasdaq Trading Opportunities at SUPERFOREX?

You can trade Nasdaq on SuperForex, yes. With competitive trading conditions like leverage up to 1:1000, macroeconomic data, and technical analysis, the broker offers a number of well-known global indexes.

 

Is SUPERFOREX a Scam Or Legit?

With regulation, deposit protection plans, and negative balance protection, we are convinced that SuperForex is a legitimate broker. 

Before creating a live account, make sure to read the terms and conditions. Be aware that, in comparison to other authority bodies, the IFSC does not offer top-tier regulation.

 

Is SUPERFOREX an Excellent Broker?

SuperForex offers competitive trading conditions, regulatory protection, partnerships with software companies, security mechanisms, and the MT4 platform.

 

Get trading with SUPERFOREX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create SUPERFOREX Account Click Here

 

2.AVATRADE

 

With more than 200,000 loyal customers worldwide, AvaTrade is a well-known broker with a global presence. 

Regardless of user expertise or experience, a registered forex broker operating across 5 continents offers consumers advanced trading solutions by enabling access to the market through a wide range of flexible platforms, tools, and choices.

Ava is a multinational corporation that has regional offices all over the world but has its headquarters in Dublin, Ireland. 

As well as companies in South Africa, Chile, Mongolia, Nigeria, and a recently established UAE brokerage, these include companies in Paris, Dublin, Milan, Madrid, Tokyo, Beijing, and Sydney.

Leading global forex broker AvaTrade is a member of the AVA Group of businesses. AvaTrade is one of the first internet brokerages, having been formed in 2006. 

The trading platforms, mobile app, payment options, and MT4 integration are covered in full in this article. 

I will contrast trading fees, spreads, and leverage as well. Whatever you wish to trade, from Bitcoin to standard options, determine if Avatrade will work for you.

A total of four offices for the business are currently spread throughout the globe: one each in Japan, Australia, Ireland, and the British Virgin Islands. 

AvaTrade, one of the biggest and most reputable online brokerages in the world, accepts customers from a wide range of geographical areas and trading accounts in many different currencies.

In a recent announcement, the company additionally highlighted the expansion and visibility of the brand by announcing a significant collaboration with English Premier League champion Manchester City.

 

Regulation & Reputation

 

• Available Trading Platform Types
• Offering Trading Accounts
• Bonuses & Promotions
• Assets & Instruments
• AVASocial
• Customer Support
• Deposit & Withdrawal
• AVATRADE Day Trading Tools
• The AVATRADE Spreads

It is crucial to select a forex broker that is licenced and regulated by a respectable regulatory body because this helps to establish the reliability and expertise of the firm. 

*Given that it is overseen by numerous international regulatory bodies, AvaTrade is unquestionably a trustworthy business.

*Under licence #C53877, the Central Bank of Ireland oversees the broker’s operations in Europe.

*The broker has an ASIC licence #406684 to operate in Australia.

*The broker is authorised in Japan by the FSA and the FFA, respectively, with licences #1662 and 1574.

*The broker has licence #45984 from the FSCA for South Africa.

*The broker has licence #190018 from the Financial Regulatory Services Authority (FRSA) of Abu Dhabi Global Markets (ADGM) for the Middle East.

*The broker has an Israel Securities Authority licence with the ID number 514666577.

You can trade with confidence at AvaTrade because it is one of the most reputable and trustworthy online brokerages in the business. 

Numerous accolades like “Best Customer Support,” “Best Alert System,” “Best Financial Derivative Trading Provider,” and “Best Forex Broker YEAR” have been given to the business.

The company has recently expanded its business in Canada thanks to a partnership with Friedberg Direct. 

A branch of the Friedberg Mercantile Group Ltd., Friedberg Direct is a member of the Canadian Investor Protection Fund (CIPF), the Investment Industry Regulatory Organization of Canada (IIROC), and the majority of Canadian Exchanges. 

The main office of Friedberg Mercantile Group Ltd. is located in Toronto, Ontario, Canada at 181 Bay Street, Suite 250.

 

Available Trading Platform Types

The variety of trading platforms offered by AvaTrade is among its most amazing features. 

Whether you’re a novice trader, an expert trader, or something else entirely, there is absolutely something for everyone here. The platforms provided by AvaTrade are as follows:

• MetaTrader 4 platform
• MetaTrader 5 platform
• Meta Trader for Mac
• Meta Trader for trading on mobile (Download the Avatrade app directly here)
• Web trading with Meta Trader
• The AvaTradeAct platform (Proprietary Platform)

AvaTrade offers a variety of automated trading softwares in addition to these platforms to meet the needs of everyone. The subsequent are:

• MQL5 Signal Service
• API Trading
• Duplitrade

 

Offering Trading Accounts

By providing the majority of traders with just two account types, AvaTrade keeps things straightforward with their accounts. Both a regular account and a trial account. 

Via credit cards, a standard account can be started for as low as $100, or for $500 using wire transfers.

Muslim traders are catered to by providing “swap free accounts,” which function in compliance with the Islamic Sharia Principle of interest-free trading, in addition to the two normal accounts.

Professional traders can also open MAM accounts to easily handle multiple client accounts. These accounts have the following characteristics:

*Possibilty of establishing many sub-trading groups.

*There are all MT4 order types accessible, including stops, limits, and close.

*Compatible expert advisors (EAs).

*Lowest lot size is 0.01 lots.

*Various allocation criteria.

*Placing orders for countless client accounts.

*Placing trade orders from a master account.

Additionally, AvaTrade provides negative balance insurance. This guarantees that customers can only lose their account balance. 

The brokerage will immediately repay the difference through a “negative balance adjustment” if the market moves against the client to the point that the trader is placed in a negative balance position.

 

Note: I’ll earn a referral fee (No any extra fee for you) if you sign up with them. But they are reliable in my opinion (as of this writing). I always want and find the best for you so that you don’t get into trouble.

 

Bonuses & Promotions

Bonuses might be accessible depending on where you are; for more information, get in touch with AvaTrade.

 

Assets & Instruments

Once again, AvaTrade succeeds in providing traders with a broad selection of financial trading products. The freedom of investors to trade:

Forex: Over 50 currency pairings, including all majors, minors, and numerous exotics, are accessible around-the-clock, every day of the week. 

With leverage of up to 400:1, traders can take advantage of competitive spreads as low as 0.8 pips.

Cryptocurrency: Traders can trade nine different cryptocurrencies with up to 20:1 leverage (not available in Canada or the UK). These currently include Bitcoin, Bitcoin Cash, Ethereum, and Ripple.

Commodities, Indices, Bonds, Stocks, ETFs: For trading various financial assets, AvaTrade traders benefit from the largest leverage as well as extremely competitive and low spreads.

Options: Avatrade has democratised trading options so that investors of all expertise levels can participate. 

For individuals who are interested in using the product, the new options trading platform makes vanilla options less complicated and offers a variety of choices.

 

Get trading with AVATRADE in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create AVATRADE Account Click Here

 

AVASocial

Customers of the broker AvaTrade can now download AvaSocial, the platform for social and copy trading. 

The mobile app, which is compatible with iOS and Android smartphones, enables users to copy the transactions of profitable investors.

Users can choose to use a completely automated service or trade manually based on market cues. The currency, stock, crypto, and commodities markets all offer round-the-clock trading.

Another top-notch social trading platform is AvaSocial. 

Through community channels, users can communicate with other traders and ask questions about specific trading techniques, learn more about the cryptocurrency markets, or find a trading mentor. 

It is therefore a fantastic tool for novices.

 

Customer Support

AvaTrade provides top-notch customer service through a number of linguistic choices. Live chat, email, a FAQ page, social media, faxing, and phone calls are all available.

Numerous languages and nations are served by telephone help, including 21 distinct European nations, two African nations, six Asian nations, four South American nations, two Middle Eastern nations, and Australia.

Local customer service representatives provide timely, helpful assistance. Customers can receive local Friedberg Direct customer services thanks to a recent partnership in Canada, for instance.

 

Deposit & Withdrawal

 

• Deposits 
• Withdrawal

 

Deposits 

AvaTrade provides its customers with a range of deposit alternatives.

• Credit cards (VISA 
• MasterCard, debit) 
• Bank Wire Transfers
• Paypal 
• Skrill 
• NETELLER
• WebMoney

Can all be used by traders to fund their accounts.

The first deposit requirement to start an account is just $100.

 

Withdrawal

The same techniques used for deposits can be used for withdrawals by traders. The processing of withdrawal requests may take up to 5 business days.

Withdrawals will be processed and finished as soon as the methods support them. 

The Ava Debit Mastercard, which traders can apply for once they’ve opened an account, is the quickest way to withdraw money.

 

AVATRADE Day Trading Tools

 

• AVAProtect
• Trading Central

 

Education: The AvaTrade education centre is first-rate. Given that it includes movies, eBooks, tutorials, glossaries, and other materials, it might be the best one we’ve ever seen. 

On their website, there is a whole part devoted to instructing its traders. Additionally, day traders will find the entire website to be quite useful.

Trading Tools: AvaTrade has a tonne of tools designed specifically for successful day traders. 

Their automated trading software bundles, which are fantastic for day trading, are one of their most outstanding features.

Range of assets: This brokerage is excellent for both new and seasoned day traders because of the wide variety of assets available.

Free Trading Coaching Course: Free trading courses were part of the latest campaign for the relationship with Manchester City Football Club. 

You may get more information here: Online trading course at MCFC.

AvaTrade has also unveiled a few new trading tools and services that are especially beneficial.

 

AVAProtect

Customers can receive their money back on unsuccessful trades thanks to the company’s special AvaProtect feature. 

Investors can safeguard a trade against losses of up to $1 million over a certain time using the user-friendly risk management tool. The only cost to clients is a minor hedging fee.

The broker’s unique trading platforms include AvaProtect, which may be activated in a few simple steps. 

It only takes a few steps for traders to confirm the fee and expiry trade, choose the instrument, click the AvaProtect icon, and select the term of protection.

 

Trading Central

Trading Central and AvaTrade have joined to offer robust technical analysis tools and market information. 

Based on trading plans created by seasoned analysts at Trading Central, clients can make wise investment decisions.

A daily strategy newsletter, user-friendly pattern recognition technology, a plethora of advanced indicators on 115 currency charts, and more are all accessible through the platform. 

For investors interested in fundamental analysis, Trading Central also keeps track over 7000 media sources.

 

The AVATRADE Spreads

At Avatrade, spreads are competitive, and they are continually being lowered. The company has made great achievements, particularly in the cryptocurrency business.

After being cut by 50% only recently, spreads on bitcoin trades have now been reduced by another third, according to an announcement. 

Brokers might be more daring with spreads as they grow more confident in the market’s liquidity.

 

Get trading with AVATRADE in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create AVATRADE Account Click Here

 

Questions about AVATRADE

 

• Is AVATRADE a trustworthy company?
• Are AVATRADE’s practises regulated?
• What is the AVATRADE minimum deposit amount?
• AVATRADE is a market maker, right?
• When can I withdraw money from AVATRADE?
• What is leverage in AVATRADE?
• What methods are there for making deposits at AVATRADE?

 

Is AVATRADE a trustworthy company?

Yes. Legitimate FX and CFD brokers include Avatrade. The brand is subject to regulation all across the world, notably in South Africa, Australia, and Europe.

 

Are AVATRADE’s practises regulated?

The brand is indeed governed globally:

The Central Bank of Ireland oversees AVA Trade EU Ltd.

The ASIC oversees Ava Capital Markets Australia Pty Ltd.

The South African Financial Sector Conduct Authority oversees Ava Capital Markets Pty (FSCA ).

Ava Trade Japan K.K. is subject to FSA (No. 1662) and FFAJ regulation in Japan (No.1574).

Abu Dhabi also regulates Avatrade.

 

What is the AVATRADE minimum deposit amount?

You can start an Avatrade account with $100 (or £100 or €100).

 

AVATRADE is a market maker, right?

Avatrade is not a market maker; rather, it is a broker.

 

When can I withdraw money from AVATRADE?

Withdrawals from Avatrade are processed in 1 day. However, it can occasionally take longer for funds to actually clear when using other withdrawal methods.

Up to five business days with credit/debit cards.

24/7 for e-wallets.

Up to 10 business days for wire transfers.

Delays in wire transfers frequently depend on the nation and bank involved.

 

What is leverage in AVATRADE?

Leverage at Avatrade varies depending on the asset and the trader’s country of origin.

Leverage is capped to 1:30 in the EU and UK according to European regulations.

1:400 is the non-EU limit.

If traders are located in Europe, a professional account might be able to offer more leverage.

 

What methods are there for making deposits at AVATRADE?

Credit cards (VISA, MasterCard, debit), bank wire transfers, and a variety of e-wallets, including Paypal, Skrill, NETELLER, and WebMoney, can all be used to make deposits.

 

Get trading with AVATRADE in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create AVATRADE Account Click Here

 

3.EIGHTCAP

 

Eightcap is an Australian-incorporated brokerage firm that offers a transparent pricing strategy since 2009 through cheap rates of variable spreads with quotes obtained using technological tools through Equinix servers and data from various top banks or institutions.

Through their reputed Australian headquarters and several regional offices across the world, including the UK, Bulgaria, and Cyprus, Eightcap runs a global business. 

In addition to what it offers to retail clients, this broker offers affiliates, IBs, and influencers technological advantages and collaboration options.

Eightcap strives to create a community for MT4 and MT5 traders and seeks to give them a specialised trading environment. 

Through the renowned MetaTrader platforms, this broker provides access to the most widely used financial instruments, all with quick execution and minimal spreads.

A global CFD and forex broker is Eightcap. Users can easily invest in more than 800 financial instruments with the help of two competitive accounts, the MT4 and MT5 trading platforms, and this service. 

This evaluation, which covers spreads, leverage, as well as the mobile app and demo account, can assist you in deciding whether to join an account.

 

Overview of the EIGHTCAP Company

 

• Trading Platforms
• Assets
• Commissions & Spreads
• Leverage
• Mobile App
• Payment Methods
• Demo Account
• Added Value & Promotions
• Regulation
• Extraordinary Qualities
• Tools for Trading
• Account Types
• Benefits
• Drawbacks
• Trade Times
• Customer Support
• Trader Security
• EIGHTCAP Decision

In 2009, Eightcap was established with its headquarters in Melbourne, Australia. Joel Murphy serves as the organization’s CEO, and it is governed by the Australian Securities and Investment Commission (ASIC) and the Bahamas Securities Commission (SCB).

Eightcap has offices all over the world and employs a sizable, multilingual customer service team with locations, among others, in the UK, Sofia, Bulgaria, China, and Thailand.

 

Trading Platforms

 

• MetaTrader 4
• MetaTrader 5
• WebTrader
• Capitalise.ai

 

MetaTrader 4

The prestigious MT4 platform makes it easy to invest online in currencies, indices, and commodities. It’s a great all-around platform because to its cutting-edge UI, automated trading features, and extensive charting package.

Features consist of:

• 30 built-in indicators, 24 graphical items, 9 timeframes
• Access to Expert Advisors and a free trading robot
• 3 order execution kinds, 4 pending order types
• Quotes that are current in Market Watch
• Instantaneous trading
• Historical information

On computers running Windows, macOS, and Linux, MT4 can be downloaded.

 

MetaTrader 5

MT5 is a cutting-edge trading platform that supports trading in currencies, indices, stocks, commodities, and virtual currencies. Customers gain from:

• 38 Technical indicators, 41+ graphical items, and 21 time-frames
• Access to Expert Advisors and a free trading robot
• 4 order execution types, 6 waiting order types
• Trading with a single click and advanced market depth
• Economic calendar and financial news
• Quotes that are current in Market Watch
• Hedging and nets
• Community dialogue
• Historical information

On computers running Windows, macOS, and Linux, MT5 can be downloaded.

 

WebTrader

Additionally, Eightcap provides the MT5 Web Trader version. The web-accessible platform offers the same capabilities as the desktop download and can be simply accessed from the broker’s website. It is an efficient method of connecting to the markets.

 

Capitalise.ai

Customers of Eightcap can programme instructions using simple English in an innovative automatic trading platform, such as “purchase $1,000 GBP/USD on Tuesday at 15:30 EST.” 

Building automatic trading methods for novices has never been simpler thanks to a sleek dashboard and guided training. 

Investors may create simple and complicated algorithms for free without the need for coding knowledge.

A large selection of pre-programmed strategies are also available from Capitalise.ai, which customers may test risk-free or customise to their tastes before going live. 

 

Note: I’ll earn a referral fee (No any extra fee for you) if you sign up with them. But they are reliable in my opinion (as of this writing). I always want and find the best for you so that you don’t get into trouble.

 

Assets

Customers of Eightcap can trade on:

Currencies: 40 main, minor, and exotic currency pairs are available for trading.

Share CFDs: Trade on 500+ of the most well-known firms from the US (NASDAQ and NYSE), the UK (LSE), Germany (EXTRA), and Australia, including Westpac Banking Corp. and Woolworths.

Index CFDs: Trade 10 of the most prominent indices, such as the US30, UK100, and SPX500, using index CFDs.

Cryptocurrency CFDs: 250+ cryptocurrency pairings, cross pairs, and indices available for CFD trading.

Commodities: Trade commodities such as CFDs on gold, silver, and oil.

For further information, refer to the Product Disclosure Statement (PDS) of Eightcap.

 

Commissions & Spreads

Spreads vary and begin at 0 pip for popular currency pairs (Raw Account) and 0.4 for popular indices like the SPX500. They begin at 0.1 USD for gold, 0.01 USD for silver, and 0.03 USD for oil spreads.

The spreads on different cryptocurrencies range from 0 USD for Bitcoin Cash to 31.2 USD for Bitcoin. Spreads on shares are 0.02 USD per share and per side (4 USD per lot round turn).

Be aware that some assets’ spreads tend to increase during particularly volatile trading hours or during periods of lower liquidity during the day (as the roll over to the new day).

On the Raw account, commissions are levied at a rate of 3.50 USD per standard lot, and swap rates will be used for overnight foreign exchange trading.

 

Leverage

At Eightcap Pty Ltd, the maximum leverage is 1:30. Customers dealing with Eightcap Global Ltd may use a maximum leverage of 1:500.

You may read more about the margin call procedure on the broker’s website.

 

Mobile App

For both the MT4 and MT5 platforms, which are accessible on iOS and Android devices, Eightcap provides a mobile app. 

With the additional convenience of 24/7 access from anywhere, the app provides all the functionality available on the desktop platform. 

Just go to your App Store or Play Store to download the app after you have your MT4 or MT5 login information.

 

Payment Methods

 

• Deposits
• Withdrawals

 

Deposits

Several quick payment alternatives are available from Eightcap in a wide range of base currencies, all of which are processed through the Client Portal:

• PSP (Virtual Account)
• Credit/debit card
• Cryptocurrencies
• China UnionPay
• PayRetailers
• Bank Wire
• Worldpay
• Fasapay
• Neteller
• PayPal
• BPAY
• Skrill
• POLi

Please be aware that there are no transaction fees associated with any payment method other than bank wires. 

With the exception of wire transfers, BPAY, and PayRetailers, which can take up to 3 days, they also offer fast 24-hour deposit processing.

 

Withdrawals

Users can withdraw profits for nothing by utilising any of the aforementioned strategies after submitting a request form via the Client Portal. 

Withdrawals should be processed by the broker within 24 business hours. The normal clearing times are 2 to 5 business days.

Keep in mind that the maximum deposits and withdrawals vary depending on the chosen payment type. You can find more information on the broker’s website.

 

Demo Account

You can open a respectable demo account with Eightcap on the broker’s website. 

Users can trade under the same terms as a real-money account, including the same price feed, with a maximum of 5,000,000 virtual cash available to them.

Please take note that demo accounts automatically expire after 30 days, however you can request an extension.

 

Get trading with EIGHTCAP in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create EIGHTCAP Account Click Here

 

Added Value & Promotions

There are no promotions or deposit incentives available at this time from Eightcap. 

Watch the broker’s website, nevertheless, in case any fresh bargains become available. 

Before you begin trading, make sure to review the bonus terms and conditions.

 

Regulation

The company is independently governed by two organisations to safeguard the interests of its clients: 

Eightcap Pty Ltd is under the supervision of the Australian Securities and Investment Commission (ASIC), and Eightcap Global Ltd (Vanuatu) is under the supervision of the Vanuatu Financial Services Commission (VFSC). 

Eightcap is a licenced Australian Financial Services Provider as well (AFSL). According to the Corporations Act, client monies are likewise separated and housed at Tier 1 banks.

In my view, the broker’s internet services are legitimate, and they are not a fraud.

 

Extraordinary Qualities

The goal of Eightcap is to create a haven for MT4 and MT5 traders. To assist both novice and seasoned investors, the broker provides an excellent education programme.

Regular market updates, a trading week in review, live webinars, CFD and Forex insights, MetaTrader tutorials, and strategy advice are all part of this.

 

Trading Tools

Users of Eightcap have the option to automate their trades without having any programming experience. 

Investors can access automation and analytical capabilities like backtesting, loop strategies, smart notifications, and much more by using capitalise.ai.

Additionally, the online broker has teamed up with TradingView to provide robust charts and tools. 

With 50 drawing tools, 5,000+ investor-created indicators, and 100 built-in indicators, TradingView is a well regarded charting solution. 

Customers can open and close positions using their Eightcap accounts directly from TradingView’s charts.

TradingView is one of the largest social investment networks in the world and offers robust analysing features. 

Investors can share ideas, talk about tactics, and explore markets on social media platforms with more than 30 million active users each month.

A few additional resources are also made available to investors, like the Forex VPS, which is excellent for high-frequency traders, the Cryptocrusher signals service, and the Amazing Trader charting algorithm.

 

Account Types

Eightcap provides two types of accounts:

Standard: Advised for newcomers

Raw: Advised for seasoned traders

Both account types have a $100 minimum deposit requirement, a 0.01 minimum trade size, and a maximum leverage of 1:30 for Australian clients and 1:500 for clients outside of Australia.

The Standard account has $0 commissions, whilst the Raw account charges A$3.50 each standard lot. 

This is the primary distinction between the two accounts. The 7 base currencies that they both offer are AUD, USD, EUR, GBP, NZD, CAD, and SGD.

 

Benefits

There are many benefits to investing with Eightcap:

• Capitalise.ai automated trading solution
• ASIC and VFSC regulated
• MT4 and MT5 available
• Good customer reviews
• Fast customer support
• TradingView charts
• Free withdrawals

 

Drawbacks

The following are drawbacks of trading with Eightcap:

• Limited time demo account (Though this can be extended upon request)
• No bonuses or promotions
• No binary options

 

Trade Times

Every day of the week, users have access to forex trading. The hours of international foreign exchange trading, however, vary by time zone. 

Australia Eastern Standard Time (AEST) dictates that Sydney opens at 7 am and closes at 4 pm, Tokyo opens at 9 am and shuts at 6 pm, London opens at 5 pm and closes at 2 am, and New York opens at 10 pm and closes at 7 am. 

You can invest in cryptocurrencies whenever you want.

The broker’s website provides information on the various opening times in other markets.

 

Customer Support

The multilingual, round-the-clock support staff of Eightcap can be reached at:

Email: [email protected] or [email protected]

Live chat: The live chat icon can be found on the right side of the website.

Phone numbers: (613) 8373-4800, (613) 8375-9700, (613) 859-22375, and (67) 835-382

Observe the most recent news on Eightcap’s social media channels:

• Facebook
• Instagram
• YouTube
• LinkedIn
• Twitter

The main office of Eightcap PTY LTD is located at Level 6, 360 Collins Street, Melbourne, VIC 3000, Australia.

 

Trader Security

Between the platform and the client servers, data exchanges are encrypted using Secure Sockets Layer (SSL), a 128-bit protocol that is industry standard. 

Additionally, in order to access the MetaTrader platforms, server authentication is needed.

Eightcap complies completely with the General Data Protection Regulation, the Australian Privacy Principles (APPs), and the Privacy Act 1988 to ensure the protection of customer data (GDPR).

 

EIGHTCAP Conclusion

Eightcap is a reputable CFD and FX broker that has been in business for more than ten years and provides both the MT4 and MT5 platforms. 

Both novices and experienced traders can start trading with ease thanks to their competitive spreads, quick customer service, and demo account availability.

 

Get trading with EIGHTCAP in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create EIGHTCAP Account Click Here

 

Questions about EIGHTCAP

 

• Do I need a Lot of Capital to Trade with EIGHTCAP?
• What is EIGHTCAP’S Maximum Leverage?
• Can I get a Demo Account with EIGHTCAP?
• How can I sign up for an EIGHTCAP Live Account?
• On EIGHTCAP, what can I Trade?
• Why would EIGHTCAP do that?

 

Do I need a Lot of Capital to Trade with EIGHTCAP?

The minimum deposit is 100 AUD or its equivalent in another currency. 0.01 lots is the smallest position size that is offered.

 

What is EIGHTCAP’S Maximum Leverage?

The maximum leverage available from Eightcap for both accounts is 1:500. (In regulated markets, 1:30). Leveraged trading increases both the potential for gains and losses.

 

Can I get a Demo Account with EIGHTCAP?

Yes, a demo account can be created on the website’s home page. Users will enjoy the same trading circumstances as a real account and have access to a maximum of 5,000,000 in virtual funds (available in numerous currencies) for 30 days.

 

How can I sign up for an EIGHTCAP Live Account?

To register, click “Create Account” in the top right corner of the broker’s website. Before completing the five more steps to personalise your account and confirm your identity, you will need to complete a brief form.

 

On EIGHTCAP, what can I Trade?

On the MT4 platform, users may trade currencies, indices, and commodities. On the MT5 platform, users can trade currencies, indices, commodities, shares, and cryptocurrencies.

 

Why would EIGHTCAP do that?

An worldwide forex and CFD broker is Eightcap. It provides investors with the option to use the WebTrader version in addition to the MT4 and MT5 platforms. Additionally, the organisation offers inexpensive commissions and spreads.

 

Get trading with EIGHTCAP in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create EIGHTCAP Account Click Here

 

4.TRADEVIEW

 

Since 2004, Tradeview has been a pioneer in offering electronic direct market access to the equity and foreign exchange markets.

Tradeview has maintained a leadership position by providing cutting-edge trading platforms, account security, and multi-jurisdictional client support services. 

Tradeview’s technology and auxiliary account services have been at the forefront of online financial services. Due to them exceptionally tight spreads cutting-edge technology, and superior customer service, investors and traders prefer Tradeview.

The overseas proposition was carried out through a reputable Cayman Islands organisation that permits opening of accounts and access to high leverage or other terms for foreign traders. But make sure you are well-versed in the distinctions between rules and conditions.

Online broker Tradeview offers more than 5000 assets in the areas of FX, equities, commodities, indices, and cryptocurrencies. 

The account types available, spreads, leverage, platforms, and more are all covered in our assessment. Examine Tradeview to see if it is the ideal broker for you.

 

TRADEVIEW Information

 

• Trading Platforms
• The Assets
• Commission & Spreads
• Leverage
• Mobile Apps
• Withdrawals & Deposits
• Demo Account
• TRADEVIEW Bonuses
• Regulation
• Extraordinary Qualities
• Trading Accounts
• Benefits
• Drawbacks
• Trade Times
• Customer Support
• Security
• TRADEVIEW Conclusion

Tradeview is a reputable Cayman Islands-based STP ECN internet broker. Since its founding in 2004, the business has served over 100,000 accounts, including those of institutional and experienced traders from all around the world.

With more than 5000 financial instruments available across 5 platforms, including MT4 and MT5, Tradeview is governed by CIMA and the MFSA. 

The broker does not, however, accept clients from the US or from nations where local legislation or regulations restrict the use of FX and CFDs.

The firm made additional investments in its European trading activities in 2021, opening a location in Malta and obtaining a permit from the local authority. 

In doing so, the business has been able to take advantage of the infrastructure and regulatory framework in the area to provide clients with trading circumstances that are among the best in the market.

 

Trading Platforms

 

• MetaTrader 4
• MetaTrader 5
• cTrader
• Sterling Pro
• CurreneX

For traders of various skill levels, Tradeview offers a choice of 5 platforms: MT4, MT5, cTrader, Sterling trader, and CurreneX.

 

MetaTrader 4

Customers can trade on the well-known MT4 platform, which offers access to the FX and CFD markets. The platform provides a full charting package with a wide range of analytical tools, as well as 30 technical indicators for market analysis.

Trades can discover a setup that works for them because to the user-friendly terminal’s vast customization features. MT4 does a great job at striking a balance between usability and capability.

The Tradeview MAM plugin for the MetaTrader4 System is a straightforward, quick, efficient, and dependable solution. The trader can establish a maximum loss with the help of the drawdown tool. 

Tradeview provides free access to Android and iOS smartphones for the well-known forex trading platform Metatrader4.

The platforms Windows, Mac, Web, iOS, and Android all support MetaTrader 4.

 

MetaTrader 5

Members also have access to MT5, which is a more recent version of the MT4 platform. The platform’s dashboard offers comprehensive statistics together with a user-friendly, fully customizable layout.

Customers gain from:

• Key performance indicators (30) built-in
• Run up to ten charts at once.
• Accessible control panels
• 2,000 individual indicators
• Immediate execution
• 21 Timeframes
• Watch lists
• The ability to access over 50,000 actual US stocks and options
• Ability to trade stocks on an exchange

The platforms Windows, Web, iOS, and Android all support MetaTrader 5.

 

cTrader

Leading multi-asset ECN platform cTrader. Full STP technology is offered for immediate entry and execution. 

The platform is appropriate for more experienced traders because it has a collection of 70 indicators, 26 chart time frames, and level II pricing.

To access more than 50 banks and prime liquidity providers, cTrader specifically interacts with Tradeview’s Innovative Liquidity Connector.

Spread from 0 pip, available in 14 different languages. Copy, formerly known as cMirror, is also supported by the cTrader platform. Here, you can duplicate or mimic the tactics used by seasoned money managers.

Windows, Android, and iOS all support cTrader.

 

Sterling Pro

For trading in stocks and options, Sterling Pro is a popular professional trading platform.

It offers both single-leg and complicated options order capabilities, as well as the robust options trading tools needed by professional options traders around the world. 

The excellent performance and configurability of Sterling Trader Pro provide traders total control over their trading in the American equity markets.

*A single platform for trading futures, single-leg options, and stocks.

*With more than 60 studies and indicators, a highly customizable charting package.

*Real-time, high-performance Level I and Level II market data.

*With a broad network of brokerage and clearing firms, broker and clearing firm neutrality.

*Hotkeys and hot buttons with complete configuration and customization.

*Management of portfolios: current position and P&L.

*Over 60 data points in a fully customizable ticker watchlist.

 

CurreneX

For users that need sophisticated charting tools, CurreneX is a fully integrated forex trading platform. 

The platform is renowned for its high-speed, low-latency FX trading technology and offers 31 more technical analysis tools. 

The dedicated CurreneX platform is an excellent choice for those that are primarily interested in forex.

Windows is the only platform CurreneX runs on.

 

Get trading with TRADEVIEW in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create TRADEVIEW Account Click Here

 

The Assets

Over 100 assets are available to Tradeview clients:

Forex: 60 major, minor, and exotic forex pair options including EURUSD, GBPUSD, and EURJPY.

Cryptocurrencies: Four cryptocurrencies (BTCUSD, ETHUSD, LTCUSD, and DASHUSD)

Stocks: 5000+ actual US stocks and options, 9 indexes, including NASDAQ and AMEX, and stocks.

Commodities: Three metals and three fuels make up commodities: gold, silver, and oil.

Although other brokers may have more broad product portfolios, the broker generally offers a decent selection of financial instruments.

 

Note: I’ll earn a referral fee (No any extra fee for you) if you sign up with them. But they are reliable in my opinion (as of this writing). I always want and find the best for you so that you don’t get into trouble.

 

Commission & Spreads

Floating spreads with adjustable commissions are offered by Tradeview. 

Two of its currency accounts, the Innovative Liquidity Connector® (ILC) and the X Leverage account, have different spreads and commissions.

On the ILC account, spreads begin at 0 pip, and they are competitive on the X Leverage account. 

ILC account holders pay a $5 round turn commission every lot exchanged, however X Leverage account holders are not charged. Leading pairs GBPUSD often have spreads of 0.6 and 0.2 or EURUSD.

On their website, under “Rollover rates,” is a detailed list of the broker’s swap rates.

 

Leverage

Leverage varies for each account in the same way that spreads and commission terms do. Maximum leverage for ILC accounts is 1:100, however it is 1:400 for X Leverage accounts. 

On the ILC account, the minimum trade size is one lot, and on the X leverage account, it is one thousandth of a lot.

 

Mobile Apps

Tradeview doesn’t have a unique mobile app. The forex broker does, however, provide mobile trading through the MT4, MT5, and cTrader platforms. 

The functionality of the desktop versions of MT4 and MT5 is carried over to the mobile versions, which include features like account management and access to 30 technical indicators for market analysis.

Fluid charting capabilities, symbol information, and in-app notifications are available on cTrader mobile.

On the App Store and Google Play, you can download the MT4, MT5, and cTrader apps.

 

Withdrawals & Deposits

There are no fees for deposits on Tradeview. The broker provides numerous deposit options with various processing timeframes, including:

Credit Card: (Same day) Mastercard/Visa

Bank Wire: (approx. 1-2 business days) Fidelity, Scotiabank, and BCP

Alternatives: Include Uphold, Bitpay, PayR, Sticpay, Fasapay, TransferMate, Advcash, Interac e-Transfer, Bitwallet, Neteller, Skrill, and Tronipay. They can all be used the same day.

Only the payment method used to make the initial submission of the payment can be used to release withdrawals. There are no withdrawal fees at Tradeview. 

The bank wiring option, however, carries a hefty $35 fee, and Skrill and Neteller also carry a 1 percent to 1.5 percent fee. Users must fill out a form on the website and upload supporting documents to request withdrawals.

 

Demo Account

Users of Tradeview can trade on the MT4, MT5, cTrader, and CurreneX platforms using a free live demo account. Users can practise trading techniques with technical indicators and learn to trade in real-time while assuming no financial risk.

On the website, creating a demo account is simple. To get started, just enter your information, pick a platform, and select an account type.

 

TRADEVIEW Bonuses

Tradeview occasionally may present promotional benefits. On the website, you can get all the information.

 

Regulation

Under licence number 585163, Tradeview Forex is governed by the Cayman Islands Monetary Authority (CIMA). In the Cayman Islands, CIMA serves as the primary financial services regulator.

Additionally, the Malta Financial Services Authority has granted the broker a licence for its European trading base (MFSA). 

The Malta Financial Services Authority (MFSA) License Number IS/93990 governs their newly opened office there.

The MFSA is a totally autonomous public entity that submits annual reports to Parliament. 

The MFSA is a member of both the European Securities and Markets Authority and the European Banking Authority (EBA) (ESMA).

The majority of experienced traders and institutional clients, however, are probably more wary of offshore licenced brokers. 

This review would have preferred to have the FCS, CySEC, and ASIC regulate the market.

 

Extraordinary Qualities

Education: Tradeview provides a comprehensive list of educational resources. 

Additionally, they operate a website called Surf’s Up! that focuses on educating visitors about the FX market. Daily news updates and regular financial blogs are posted on the website.

Social trading: The broker also provides a website called Trade Gate Hub for social trading. 

Real-time coaching from other experienced traders is available to members. Beginners or those with limited time may benefit from social and copy trading.

 

Trading Accounts

Individual, Corporate, and Joint account types are available at Tradeview. 

The two forex account types stated above, Innovative Liquidity Connector and X Leverage, which are accessible on all three accounts, are where the key differences lie.

The minimum deposit for ILC accounts is $1000, whereas the minimum deposit for an X Leverage account is $100. 

Every account that exceeds $2,500 receives a personal account manager who is available around-the-clock. Users can log in to the “Client Cabinet” once their accounts have been created.

For Islamic traders, the broker also provides swap-free accounts.

 

Benefits

 

• Platforms like MT4, MT5, cTrader, CurreneX, and Sterling Trader
• Copy trading and social
• Cryptocurrencies trading

 

Drawbacks

 

• High bank transfer withdrawal costs
• few educational resources
• US customers are not welcome
• Regulation of offshore

 

Trade Times

Tradeview is open from Sunday through Friday from 5 pm to 4:55 pm EST. There are unique trading hours for each market. 

From Monday through Friday, the forex, indices, and commodities markets are open around-the-clock. On the MT4 and MT5 platforms, you can also see the trading hours for each market.

 

Customer Support

The broker can be reached by using the live chat feature on their website, [email protected], or by calling their toll-free number:

Main Office: +1 345 945 6271

Direct Phone: +1 345 946 4532

Tradeview LTD, Grand Cayman, KY1-1002; 5th Floor Anderson Square, 64 Shedden Rd, PO Box 1105, is where the company’s main offices are located.

 

Security

Tradeview keeps customer funds in separate bank accounts to ensure safety and security. Additionally, the business only collaborates with tier 1 banks.

Through an automated risk management system that is accessible on its trading platforms, the brokerage also shields its clients from trading and leverage hazards. 

By taking these steps, account balances are kept from falling below zero. 

Additionally, its systems offer state-of-the-art encryptions, secure logins, and data privacy that meets industry standards. 

Additionally, the broker does routine internal and external corporate audits, which are available for viewing on their website.

 

TRADEVIEW Conclusion

Tradeview provides ample leverage, competitive spreads, and minimal commissions on reputable trading platforms. 

Analysts and professionals typically advise against trading using offshore regulated brokers, despite the CIMA regulation being good. 

The minimal teaching resources could also fall short of what new traders require. Therefore, even if Tradeview is a respectable broker, I also suggest looking into other forex and CFD suppliers.

 

Get trading with TRADEVIEW in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create TRADEVIEW Account Click Here

 

Questions about TRADEVIEW

 

• TRADEVIEW is it regulated?
• TRADEVIEW provides a demo account, right?
• How much funding am I required to use TRADEVIEW?
• Is TRADEVIEW an excellent broker?
• Is TRADEVIEW a reliable broker?

 

TRADEVIEW is it regulated?

Yes. CIMA has granted Tradeview a licence and is regulating it under licence number 585163. CIMA, however, is an offshore regulatory body.

MFSA also regulates Tradeview.

 

TRADEVIEW provides a demo account, right?

A free demo account with full access to all of Tradeview’s platforms is available. To begin, users must enter certain personal information on the broker’s website.

 

How much funding am I required to use TRADEVIEW?

The Innovative Liquidity Connector requires a minimum deposit of $25,000, while the X Leverage account requires a minimum commitment of $100.

 

Is TRADEVIEW an excellent broker?

Across all account types, Tradeview provides competitive spreads, little to no commission, and high leverage. However, in addition to 60 currency pairs, they only provide a small number of traded assets.

 

Is TRADEVIEW a reliable broker?

Tradeview conducts routine audits and upholds good governance in accordance with CIMA regulations. Additionally protected in segregated Tier 1 institutions are client funds. Tradeview is therefore dependable and unlikely to be a fraud.

 

Get trading with TRADEVIEW in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create TRADEVIEW Account Click Here

 

Final words

Okay, so that’s it I’ve come to the end of this presentation, I hope you’ve enjoyed it and if you really do please write a comment and click the share buttons smash it right, and click to subscribe bell to Allow notifications be updated.

Whenever, I publish content like, this and finally any questions or feedback let me know below and I’ll do my best to help, so with this guide, I hope you got value out of this presentation, I wish you good luck and good trading and I’ll talk to you soon you.

 

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