Launched in 2018 in Cyprus, TradeFW is an online trading broker that offers multiple financial instruments — including forex, metals, commodities, stocks, and CFDs — for trading online using the MT4 trading platform and an in-house-developed trading platform that is available in the mobile version. Traders benefit from some useful educational resources, whilst a client support team is available to assist them at any time. There are multiple trading account options with a required minimum deposit of $250. They offer low spreads from 1.7 pips and leverage of 1:30 and 1:500 for retail and professional clients respectively. Over the years, the broker has won several industry awards, and they include the Best Performing CFD Broker Europe 2020, Best Multi-Asset Trading Platform 2020, and more.
TradeFW Review Introduction
In this TradeFW 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 TradeFW.
TradeFW Platforms & Tools
TradeFW provides traders with the MetaTrader 4 trading platform, which is a widely used platform for online forex and CFD trading. It was launched in 2005 by MetaQuotes and is packed with a vast array of useful trading tools. The platform is user-friendly, fully customizable, and features one-click trading, analysis tools, multiple chart types, expert advisors, and many pre-installed indicators. The broker presents the MT4 trading platform as a desktop application for Windows and Mac computers, a Webtrader that can run directly on most modern web browsers, and a mobile app that is compatible with Android and iOS devices and can be freely downloaded from the respective app stores.
The broker also offers the TradeFW platform, which is the broker’s proprietary trading platform that is built with several technical analysis tools, reporting capabilities, and a user-friendly interface. The platform is available as a mobile app that is compatible with Android and iOS devices. The mobile can be downloaded from the relevant app stores.
TradeFW Research & Education
The broker’s website contains a good selection of educational resources that can improve their clients’ financial knowledge. These resources include blogs, webinars, articles, an FAQ section, and a glossary that contains several trading terminologies along with their detailed explanations.
TradeFW Trading Accounts
Clients are allowed to choose the account types that best meets their individual trading needs from any of the following account options: Standard, Gold, VIP, and Professional Accounts. The least deposit required to operate a live trading account is $250.
TradeFW Account Funding
The broker accepts the following payment methods: credit/debit cards, e-wallets, and bank wire transfer.
TradeFW Customer Service
All clients’ general, technical, and account-based inquiries are sent to the broker’s customer support team via telephone, email, Live Chat, and a call-back form.
TradeFW (formerly known as BO360) is the trading name of iTrade Global (CY) Limited, which is authorized and regulated by the Cyprus Securities and Exchange Commission with license number: 298/16.
TradeFW Review Summary
TradeFW is a regulated brokerage firm that is based in Cyprus. They provide traders with the MT4 platform and a proprietary trading platform for trading multiple financial markets. Traders get to benefit from some learning materials and the support of a knowledgeable customer support team. There are multiple trading account options with a required minimum deposit of $250, and the broker is regulated by CySEC.
It is worth mentioning that some of the trading products and services in this TradeFW 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 TradeFW 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.