TaoTrade is an online trading broker that provides traders with unhindered access to the global financial markets: forex, stocks, commodities, cryptocurrencies, ETFs, options, and indices via CFDs. The broker was launched in 2011 in Greece and provides traders with the intuitive PROfit trading platform, which is available in desktop, web, and mobile versions. There are various learning resources, useful trading tools, and a client support team to assist traders. The broker’s other essential features are multiple account types, leverage of up to 1:200, low spreads, multiple payment methods, and more. The minimum deposit required to start trading is $200.
TaoTrade Review Introduction
In this TaoTrade 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 TaoTrade.
TaoTrade Platforms & Tools
Traders are allowed to buy and sell the available financial assets using the PROfit trading platform. It is an advanced trading platform that is designed to ensure a seamless trading process. The platform is replete with essential trading features and capabilities, such as daily news streamed directly to the platform, up-to-the-minute market analysis, and more. In addition, the broker makes the PROfit trading platform available in desktop, web, and mobile versions.
To help traders get an enhanced trading experience, the broker provides them with a good selection of useful trading tools, such as AutoChartist, Charts, and an Economic Calendar that shows the schedule of future market events and their potential impacts on the financial markets.
TaoTrade Research & Education
The broker’s website contains some essential learning resources to help traders make informed trading decisions. These resources include market news, trading academy, glossaries, and more.
TaoTrade Trading Accounts
TaoTrade offers the following live trading account options: Basic, Discovery, Silver, Gold, Diamond, VIP, Prestige, Superior, and Infinity Accounts. The accounts have minimum deposits ranging from $200 to $100,000.
TaoTrade Account Funding
The broker’s clients can deposit and withdraw funds to and from their trading account using any of the following payment methods: bank transfers, credit/debit cards, and some online payment processors, such as Neteller, Skrill, Paypal, and more.
TaoTrade Customer Service
The broker provides traders with a 24/5 client support team who are polite and prompt in response. The support team can be reached via email, telephone, and an online contact form.
TaoTrade is a registered brand name of VIE FINANCE A.E.P.E.Y. S.A., a company that operates under the Markets in Financial Instruments Directive (MiFID) of the European Union. VIE FINANCE A.E.P.E.Y S.A is authorized and regulated under the Hellenic Capital Market Commission (HCMC), under license no. 4/792/20.7.2017.2.
TaoTrade Review Summary
Operating from Athens, Greece, TaoTrade is an online financial services provider. They allow traders to buy and sell various financial assets using an intuitive trading platform that is available in desktop, web, and mobile versions. There are various learning resources, useful trading tools, and a client support team to assist traders. The minimum deposit is $200, and leverage of up to 1:200 is available. The HCMC regulates TaoTrade.
It is worth mentioning that some of the trading products and services in this TaoTrade 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 TaoTrade 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.