Founded in 2013, 12 Trader is an online trading broker that offers multiple trading instruments across different asset classes, including forex, commodities, indices, and cryptocurrencies, on its proprietary trading platforms available in the web, desktop, and mobile versions. The broker provides account management services, social trading, and a trading signal service. They also provide educational resources through monthly webinars and personalized training sessions handled by their experts.
12 Trader Review Introduction
In this 12 Trader review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including 12 Trader.
12 Trader Platforms & Tools
The broker provides traders with its proprietary 12 Trader trading platform. It has an intuitive and user-friendly interface, making it suitable for traders of all experience levels. It is replete with many useful trading tools to enhance traders’ overall trading experience. The 12 Trader trading platform is available in the following versions:
12 Trader Web Platform
This is a web-based platform that can run directly on most modern web browsers without the need to download or install any additional software.
12 Trader Terminal
This is the desktop version of the proprietary trading platform; it is developed for Windows PC. It has similar features to the web platform.
12 Trader Mobile App
This is designed for iOS and Android devices and can be downloaded from the respective app stores. It integrates seamlessly with the accounts operated via the web or desktop terminal whilst sharing similar features with them.
The broker also provides traders with a vast array of useful trading tools, such as Trading Signals, Market Analysis, Social Trading, Account Management, and Economic Calendar.
12 Trader Research & Education
The broker has a good selection of educational resources to help traders improve their skills and knowledge. They are readily available on the broker’s website, and they include Monthly Webinars, Personal Consultations, and Forex Courses.
12 Trader Trading Accounts
12 Trader offers clients up to four live trading accounts. Automated trading with Expert Advisors (EAs) and other useful trading tools and features are available on all accounts. The account types include:
- Micro Account: This account requires a minimum deposit of $500 to be opened. The maximum leverage available is 1:200, and it allows users to trade on the Web Trader platform.
- Silver Account: The Silver Account needs a minimum deposit of $10,000 to be activated. It has a maximum leverage of 1: 400 whilst offering trading on both the Web Trader and the Mobile Trading Apps. The acceptable currencies are USD and EUR.
- Gold Account: $25,000 is the least amount required to open this account. The maximum leverage possible is 1:400. The acceptable currencies are USD and EUR.
- Exclusive Accounts: This account is only available by invitation only. It requires at least $100,000 to be activated.
There is the option of an Islamic (Swap free) account that complies with sharia law for clients who are devout Muslims. 12 Trader does not charge any commission on trades.
12 Trader Account Funding
The following methods are available for deposit and withdrawal with this broker: Debit/Credit Card, Bank Wire, Cryptocurrencies (Bitcoin and Bitcoin Cash), and Online Payment Processors, such as Neteller, Skrill, PayPal, and WebMoney.
12 Trader Customer Service
12 Trader clients and prospective traders can access customer support 24/5 Mondays to Fridays through email, telephone, instant live web chat, or by filling the ‘contact us’ form on the broker’s website.
12 Trader Regulation
The 12 Trader brand is owned and operated by ‘Safe Side Trading Limited’, which is a company based in Saint Vincent and the Grenadines and has an office in London, United Kingdom. There is no regulatory information on the broker’s website at the moment.
12 Trader Review Summary
12 Trader is an online trading broker that offers multiple trading instruments for online trading via their proprietary trading platforms. They also provide clients with a range of useful trading tools, as well as a range of educational materials.
It is worth mentioning that some of the trading products and services in this 12 Trader review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the 12 Trader broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.