Trading.com is a UK-based online broker offering forex and CFD trading through the powerful MetaTrader 5 platform. They provide clients access to over 1250 global markets across different asset classes, such as forex, stocks, indices, metals, energies, and other commodities. The broker offers a number of useful trading tools, a 24/5 customer support team, and quality trading conditions with competitive spreads, no commissions, and good execution speeds without re-quotes or orders rejections. However, there are no educational resources and no social trading platform.
Trading.com Review Introduction
In this Trading.com 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 Trading.com.
Trading.com Platforms & Tools
The broker provides clients with the highly popular and advanced trading platform, the MetaTrader 5 (MT5) platform. With the platform, you can access over 1250 markets offered by the broker from anywhere and at any time. The platform is available in the following versions:
- A non-installable web trading terminal that runs on Google Chrome, Firefox, Edge, and Safari
- Downloadable and installable desktop applications for Windows and Mac computers
- Mobile trading apps that are compatible with Android and iOS devices
The desktop version has the most functionality, while the mobile apps help you to trade on the go. With the MT5 platform, you can conduct chart analysis, place different order types, and manage your trades. The platform has advanced automation tools and supports customized scripts and indicators.
In addition to the tools that come with the platform, the broker provides a selection of useful forex calculators to assist in your trade planning and decisions. They also provide a virtual private server for those who have an automated trading system that runs 24/7.
Trading.com Research & Education
Currently, the broker does not have educational materials on their website but they do state that they plan to provide some in the near future.
Trading.com Trading Accounts
Trading.com offers two account types: ultra-low standard account and ultra-low micro account. For ultra-low standard account, 1 standard lot is 100,000 units of the base currency, while in the ultra-low micro account, 1 micro lot is 1,000 units of the base currency. The required minimum opening balance is $5, and there is up to 1:30 leverage. Spreads are variable and start from 0.6 pips. There is a free demo account to practice your strategy before going live.
Trading.com Account Funding
Trading.com accepts a variety of methods for funds deposit and withdrawals. They include bank transfer, credit/debit cards, and several electronic payment channels, but some of the methods may only be available to specific countries or not available for both deposits and withdrawals.
Trading.com Customer Service
The broker provides dedicated customer support services 24 hours a day, 5 days a week to answer all technical and general questions a client might have. You can contact them via live chat, telephone, and email.
Trading.com is a brand operated by Trading Point of Financial Instruments, which also operates the XM Group brand. Trading Point of Financial Instruments UK Limited is authorized and regulated by the Financial Conduct Authority (FCA), under the registration number: 705428.
Trading.com Review Summary
Trading.com is a regulated, UK-based online broker that offers forex and CFD trading through the advanced and powerful MT5 platform. They provide clients access to over 1250 global markets across different asset classes and offer a number of useful trading tools and a 24/5 customer support team.
It is worth mentioning that some of the trading products and services in this Trading.com 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 Trading.com 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.