TradeDirect365 Review

TradeDirect365 Logo

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.

TradeDirect365 Financial Instruments

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.

TradeDirect365 Trading Platforms

TradeDirect365 provide traders with the popular and intuitive MetaTrader 4 trading platform, as well as the CloudTrade CFD platform.

TD365 MT4 Platform
TD365 MT4 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
TradeDirect365 Review - CloudTrade Platform
TradeDirect365 Review – CloudTrade Platform

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
TD365 CloudTrade Platform
TD365 CloudTrade Platform

TradeDirect365 Trading 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.

TradeDirect365 Research & 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.

TradeDirect365 Review - Trading Videos
TradeDirect365 Review – Trading Videos

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!

TradeDirect365 Trading Accounts

TradeDirect365 offers clients a variety of accounts that are designed to suit each trader’s needs and trading styles.

Personal Trading Account

As the name suggests, the Personal Account is designed for individual traders who want to trade for themselves.

Corporate Trading Account

The Corporate Account is for corporate entities and institutional traders, who are trading in larger volumes.

Trust/SMSF Trading Account

This accouns is created for trust funds and pension funds that handle money on behalf of employees for their future retirements.

Demo Accounts

You can test out the CloudTrade platform for as long as you like with the free one click demo account. Each demo account is denominated in EUROs and comes with €10,000 in virtual funds. You can practise your trading skills or test out the features on the platform.  You can also have your demo account running at the same time as your live account.  This is a great way to test out new strategies or try new instruments.  The demo account is currently only available on the web platform as the TD365 App only supports live accounts.

TradeDirect365 Account Funding

It is fast and easy to transfer funds to your TD365 trading account. Simply login to your account, and under the Payments menu, click on Deposit Funds. Then select your preferred payment method and simply follow the instructions on the page. You can deposit funds via bank transfer or from your credit card or your debit card. Some payment methods may not be available to specific countries, while the transaction processing time and limits vary with the payment method used. Bank transfers may take a few business days to clear whereas card payments can be done much quicker.

TradeDirect365 state that all funds are held in a segregated account with the highly respected banks to help keep your funds secured.  A segregated account means that all client funds are kept separately from the brokers operating funds and therefore, your funds should never be used or accessed by TD365.

TradeDirect365 Customer Service

The TD365 customer support team is available between 9 am to 5 pm on weekdays and ready to help you with your questions and your account queries. They can be contacted through telephone, email, fax, instant web chat, or the ‘get in touch with us’ form on the broker’s website.

From my experience, they were always quick to answer my questions in an efficient manner. I got suitable answers to all of the various questions that I put forward to them and wouldn’t have any problem reaching out to them again. I think it is important to have a broker who are always on hand and happy to help as and when required.

TradeDirect365 Regulation

TradeDirect365 is a brand that is operated by Finsa Pty Ltd, which is authorized and regulated by the Australian Securities and Investment Commission (ASIC) with the license number: 422661.

ASIC aims to maintain, facilitate and improve the performance of the financial system and entities within it. They promote confident and informed participation by investors and consumers in the financial system and administer the law effectively and with minimal procedural requirements. They make information about companies and other bodies available to the public as soon as practicable and take whatever action they can, and which is necessary, to enforce and give effect to the law.

TD365.com is a trading name of Trade Nation Ltd. The Company is authorised and regulated by the Securities Commission of the Bahamas (‘SCB’) under license number SIA-F216 for the provision of online Spread Trading and Margin Forex Products to retail and professional clients.

The Bahamas regulator was established to provide a regulatory framework for all financial companies including forex regulation from rule making and investigatory practices, to powers of enforcement and ensuring statutory conditions are met.

Trading with a regulated brokerage firm can give you the peace of mind that you are using a broker which can be trusted and must operate in complete transparency due to the strict rules and regulations that are put in place to protect investors.

TradeDirect365 FAQ

What is TradeDirect365 minimum deposit?

There is no minimum deposit required by TD365. You can start with any amount that you feel comfortable with.

Where is TradeDirect365 based?

TradeDirect365 is based in Australia.

When was TradeDirect365 founded?

TradeDirect365 was founded in 2014.

What are TradeDirect365 platforms?

TradeDirect365 provides the MetaTrader 4 platforms for web, desktop and mobile. They also have the proprietary CloudTrade platform.

What trading instruments do TradeDirect365 have?

With TradeDirect365, you can trade CFDs on Forex, Stocks, Indices, Commodities and Cryptos.

What are TradeDirect365 deposit and withdrawal options?

TradeDirect365 accept deposits and withdrawals via bank transfer and credit/debit card.

What is TradeDirect365 leverage?

The maximum leverage at TradeDirect365 is 1:200 for qualifying clients.

What is TradeDirect365 commission fee?

TradeDirect365 do not charge any commission fees as they are already included within the spread.

What are TradeDirect365 spreads?

TradeDirect365 have variable and fixed spreads.

Do TradeDirect365 offer demo accounts?

Yes, there is a free TradeDirect365 demo account if you would like to practice trading online and test out the brokers services before opening a real account.

Do TradeDirect365 offer Islamic accounts?

No, the broker does not currently have an Islamic swap-free account option for Muslim traders.

Do TradeDirect365 allow scalping, hedging, news trading and automated trading?

Yes, TradeDirect365 do not have any restrictions on trading strategies.

Do TradeDirect365 charge an inactivity fee?

No, TradeDirect365 do not charge any inactivity fees.

Is TradeDirect365 regulated?

Yes, TradeDirect365 is regulated by ASIC and SCB.

TradeDirect365 Review Summary

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

8.9

Spreads

9.0/10

Liquidity

9.0/10

Commissions

9.0/10

Support

9.0/10

Regulation

8.5/10

Features

  • User-friendly MetaTrader 4 and CloudTrade platforms
  • Hundres of financial trading instruments
  • A good selection of free educational materials
  • Trade with Tight Fixed Spreads
  • Negative Balance Protection
  • Regulated trading broker
  • Flexible leverage up to 1:200
  • Minimum $1 deposit to start
  • Single Currency Trading
  • No commission fees