TradeDirect365 (TD365) is a trading brokerage company that was launched back in 2014 to provide an affordable and easy way for clients to trade online via cutting edge platforms that are suitable for traders of all experience levels and different trading styles. TD365 offers a great range of trading instruments across different asset classes, such as forex currency pairs, stocks, indices, commodities, cryptocurrencies, and bonds. The broker has excellent trading conditions including tight spreads, low fees and quick execution speeds. Traders can open an account and start trading with no minimum deposit amount, you choose the amount you wish to trade with based on your own personal circumstances. You can also practice trading online with the free TD365 demo account.
TradeDirect365 provides two advanced yet user-friendly trading platforms which include the popular MetaTrader 4 platforms and the brokers proprietary CloudTrade platform. You can trade from your desktop, web browser or via the TD365 trading apps for mobile devices. They also provide clients with a variety of trading tools, market analysis and educational resources that help to enhance your trading skills and knowledge.
TD365 does not charge any commissions – not even on stocks. The broker has some of the tightest spreads in the world, and they are fixed. TD365 can also provide you with high leverage that is not available in many other parts of the world.
You can simplify your trading and save on FX conversion fees with the Single Currency Trading Account where everything you trade is in your base currency. There are no conversion fees back to the base currency when a trade is completed. This saves you money on each trade and it makes it much easier to calculate the profit or loss on your trade.
TradeDirect365 operates a Negative Balance Protection policy. This means your account balance cannot go into negative. The broker states that client funds are held in a segregated account with highly respected banks in order to keep your funds secured and separate from the companies so that they cannot be used for any other purpose. Clients can trade with confidence knowing that TD365 must adheres to the strict licensing conditions imposed by internationally regarded governing bodies.
Markets
With TD365, you can trade the world’s major financial instruments, including stocks, indices, forex, commodities and cryptocurrencies. The broker has products for all interests. Clients can trade the most popular markets with tight fixed spreads on the brokers intuitive CloudTrade platform. Spreads start on the UK 100 at 0.4 pts, DE 40 at 0.9 pts and Euro-Dollar at just 0.6 pips intra-day.
The TD365 financial instruments include the following:
- Indices – Wall St 30, DE40, UK 100, Japan 225 + many more.
- Stocks – access UK, US, and European stocks.
- FX – trade over 30 pairs including major FX pairs like EUR/USD, EUR/GBP, & AUD/USD.
- Commodities – trade Gold, Silver, Brent Crude Oil and US Light Crude Oil.
- Cryptocurrencies – trade Bitcoin, Ripple, Ether and more.
CFD Trading
Contracts for difference allow traders to invest in a variety of asset classes without the necessity to actually purchase the product. You can trade long or short on CFD instruments which enables you to speculate on rising and falling prices. The difference between the price of the underlying asset from when you open and close a CFD position is the profit or loss, minus any brokerage fees.
CFD instruments can be traded with leverage. This means that a trader could open a position size greater than they would be able to without being leveraged. For example, an account balance of $1,000 with leverage of 1:100, could in theory open a position size of $100,000 ($1,000 x 100 leverage = $100,000). Whilst this may seem appealing as it can increase profit potential, it is very important to be aware that trading with leverage can also greatly increase the risk exposure and potential loss. Make sure you have a clear understanding of what leverage is and how it works, before trading with leveraged positions via TD365 or any other broker for that matter.
Spread Trading
TD365 provide low-cost spread trading. Spread trading – also known as relative value trading – is the simultaneous buying and selling of related securities as a unit, designed to profit from a change in the spread (price difference) between the two securities. The primary goal for investors is to use the spread itself as a way to generate profit when the spread widens or narrows. There are a variety of types of spreads and spreads with names; the most common types of spreads are option spreads and inter-commodity spreads.
Platforms
TradeDirect365 provide traders with the popular and intuitive MetaTrader 4 trading platform, as well as the CloudTrade CFD platform.
MetaTrader 4 Platform
The MetaTrader 4 (MT4) platform is one of the world’s leading forex and CFD trading platforms, and it offers advanced technical and analytical tools along with automated trading capabilities. It is used by millions of forex and CFD traders all over the globe. TradeDirect365 offer tight variable spreads on their MT4 trading platform.
The TD365 MT4 platform is available as a desktop application for Windows, Mac, and Linux operating systems, as well as a web trading version that runs directly on modern web browsers. There are also mobile trading apps for Android and iOS devices. The MT4 apps can be downloaded from the relevant app stores and are a great solution for traders who need to access their account and manage trades whilst on the go.
MT4 Features
Some of the key features of the MT4 platform includes the following:
- Real time price quotes
- Multiple chart types
- Multiple timeframes
- Various order types
- Technical indicators
- Drawing objects
- Automated trading
- Strategy tester
- Price alerts
- Trading signals
- Custom trading tools
- Chart templates
- Trading community
- Platform marketplace
CloudTrade Platform
TradeDirect365 also provides clients with the CloudTrade CFD platform, which is their proprietary trading platform. The CloudTrade platform has a very simple and easy-to-use interface with all the features you need (and none of those that you don’t need). It can be fully customized to suit individual preferences. CloudTrade is the only platform that provides Single Currency Trading Accounts and Fixed spreads.
The CloudTrade platform interface has been designed and perfected for razor sharp trade execution on a clutter free, easy to use interface. This TD365 platform allows traders access to low latency live pricing, intuitive feature rich trading charts, advanced order types, account history, and high/low figures from the day – plus much, much, more.
CloudTrade is available as a web trading platform so you can use it on any device where you have internet access. They also provide the CloudTrade app to make it super easy to trade on the move. The TD365 trading app that is available on both the Apple store and Google Play store for the corresponding mobile devices. You will never be far from the action when it happens.
CloudTrade Platform Features
Some of the top features of the CloudTrade platform includes the following:
- Single Currency Trading
- Fixed Spreads
- Guaranteed Stops
- Zero Balance Protection
- Global Markets and Instruments
- Secure and Reliable
Tools
You will find a great selection of trading tools in the provided MT4 and CloudTrade platforms. There are hundreds of tools for conducting in-depth market analysis to find potential trading signals. In addition to the vast amount already implemented within the platforms, you can also find thousands of additional tools available online to increase the platforms capabilities.
Education
TradeDirect365 provides traders with a good selection of educational materials, such as Trading Video Guides, User Guides, CFD Trading Tips, and a FAQ section that has a compilation of commonly asked questions about trading with the broker.
Video Guides
Watch a selection of short instructional videos that show you how to use the TD365 platforms and make the most of the many platform features.
Trading Courses
TradeDirect365 has courses for beginners and experienced traders alike. They include hours of content covering a variety of topics such as price action analysis. This can be a great way to improve your knowledge of the markets at your own pace.
Trading Glossary
The TD365 glossary has an A-Z list of popular trading terminologies along with explanations. Get up to speed with the most important trading lingo!
Conclusion
TradeDirect365 is a trading broker that offers online trading in a variety of assets with extremely competitive trading conditions and fees. They have no minimum deposit requirement and provide clients with the powerful MetaTrader 4 platform and proprietary CloudTrade platform.
TD365 has been designed by traders to provide five of the most important requirements for trading online:
- An easy to use, intuitive online trading platform
- Low cost trading, tight fixed spreads and no hidden extra fees
- Flexible leverage
- Negative Balance Protection
- A great range of markets and products to trade
TD365 aims to provide the lowest spreads in the world. All spreads are fixed, and they remain fixed, making your trading with them transparent. The tight fixed spreads across all products ensures a pricing transparency you rarely find anywhere in the trading world. Your trading costs are reduced to a minimum with thin Bid-Ask spreads, and instant execution ensures a smooth trading experience.
Trading costs are a major factor to consider ensuring you get the features you want at the best price. TD365 is a global broker that is fully committed to bringing down the cost of trading. When you compare the TD365 fees to other brokers, you will appreciate the many pricing areas in which they differentiate themselves from other brokers.
Some brokers charge extra fees such as inactivity fees, account maintenance fees, and platform fees that can eat into your account balance. TD365 does not charge any of these other fees. They do not charge fees for anything related to the platform or charts or anything else.
Opening an account with TradeDirect365 is easy. For personal accounts, simply click on the open account button on the brokers website and fill out the Online Application Form. There are demo accounts if you wish to try out the brokers products, services and test your trading strategies. They are regulated in multiple jurisdictions which means they must operate with the upmost integrity.
TradeDirect365
Pros
- User-friendly platforms and apps
- Hundres of financial instruments
- A good selection of free educational materials
- Minimum $1 deposit to start
- Free demo trading accounts
Cons
- Cannot accept USA traders
- No swap-free accounts
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
