Our regular subscribers know that we have changed a lot of brokers in the past two years. There were different reasons each time, we were not satisfied with order executions, our customers’ support, and fund withdrawal terms. In the end, we have chosen an international broker Trade-24 that we would like to recommend to all our subscribers.
Choosing a right broker is a key point in successful trading in the exchange market. The most important indicator of a good broker company is its reliability. In its turn, the reliability is determined by several factors we are going to see below.
1) Fund withdrawal. It is not a secret that nowadays it is sometimes harder to withdraw your earnings than to get them. Numerous forums and ratings are filled with complaints on dishonest brokers who do not withdraw profits (and sometimes even a trader’s deposit!), they just cancel a transaction referring to non-existing rules. In other cases brokers can delay fund withdrawals for a long time, making traders fill in plenty of forms, send additional documents or just simply ignoring their requests for withdrawing. In this case, it is important to read reviews about the company, but not fake ones published by brokers themselves. They should read ones published by traders.
Client’s convenience is the number one priority for Trade-24. The company is obliged to process withdrawals within the period not longer than seven days since the initial request. Trading account verification is carried out once, afterwards a trader can make a deposit and withdraw funds.
2) Trade conditions/order executions are known to differ significantly from one company to another. All the details matter in Forex, that is why You have to find out what conditions your broker can offer You – spread, commissions, leverage, swaps, execution type, etc. Trade-24 offers STP execution, very tight spreads, there are no hidden fees. Company liquidity providers are listed on the website, there are only time – tested prime-brokers. It should be noted that signal statistics is also made by Trade-24 quotes. Thus, working with our broker, Your profit will Your profit will be commensurate with that we have declared.
3) Force majeure circumstances and technology reliability comprise another important factor, namely, the stability of trading platform and servers of the company. This factor provides smooth order executions, maximum server uptime, the absence of platform and quote delays. Trade-24 offers its customers a reliable trading platform MT4 which is popular all over the world. Main servers and data centers are located everywhere including New York, London, Amsterdam, Singapore and other cities. This allocation allows providing a minimum ping for a customer, wherever he/she is located and reduces trading failure risks even if one of the servers goes down.
Below You can see a detailed table with all trading conditions provided by Trade-24. On our behalf, we would like to add that we have purposefully chosen this company as our partner. We do not hide the fact that we work with a broker for getting interest of the income. It is our fee for providing the company with new customers. Furthermore, they generate a new trading volume, thus allowing a broker to earn commissions. It is a common practice all over the world. Trust us, we had and still do have a lot of offers from other brokers suggesting significantly higher revenue share. However, our team primarily values reputation, so after a time we have decided to go with Trade-24. We are confident that it is an optimal choice both for us and our customers to work with trading signals.
|Minimum deposit||500 dollars|
|Account types||classic, silver, gold, platinum, mega, ECN|
|VIP||From 50,000 USD|
|Credit leveraging||up to 1:200|
|Trading platforms||MT4, MT4 Mobile, WebTrader, Social Trading, Mirror|
|Order execution||Market execution|
|Promotions||Welcoming bonus up to 50%|
|Replenishment methods||Bank transfer, credit card, Webmoney, QIWI|
|Withdrawal methods||Bank transfer, credit card, Scrill, QIWI|
|Currency pairs||Over 50 currency pairs|
|CFD||There is CFD on indexes, raw materials, stocks|