Trade.com brokerage reviews

Best broker I have ever seen. I am pleased with their services. Their low spreads and high leverage help me a lot to make my trading easier.

Don’t use the webtrader. If you don’t want to start the platform and get glued to it again for long, in this case ok, open the webtrader just to check how your orders feel there. For the rest of the work it’s rather inconvenient, that’s true. Use proper MT4 for analysis and placing the orders.
As for the trend… you know that depends on the scope we are looking at. Short-term long, mid-term - short, long-term - long again… that’s how I see it.

LOL, identifying trend really is not that easy as it sounds in newbie tutorials, yet, this is easy to determine a scope. Simply use the timeframe that you trade with. Whatever fits in one screen - use that for identifying a trend. Sometimes its worth to get a step higher for a better precision of trades.
For example 1H on SnP500 shows nothing but a wide range.
Yet, the 4H shows the uptrend, so this can be used to prefer long positions for your 1H trades. I.e you could stake on the upward breakout of the range.

Thank you bith indeed for the detailed answers! I'll take notes of that.
p.s downloaded MT4 already. Yeah, that's better!

Hey everybody!
Did anyone try spreadbetting with Trade.com? Worth trying?

I don't see the point. I trade CFDs here, and I can say that executions are good, spreads are average. If the broker was not that pleasant in terms of support and executions, I would have passed probably. 1.9 for EURUSD is ok, but definitely not a fantastic offer.

I was hoping spreadbetting could help optimize the taxes. Yet, in general I agree, this is more important to focus on choosing a reliable broker, so that you can do trading with no obstacles and don't worry about executions and withdrawals.

Exactly! Worrying about taxes is probably the last thing I'm gonna worry about while I keep trading. Bad executions can be such a pain! The worst thing about them is that once you miss a trade or get an unexpectedly big loss, the monetary loss is not the worst thing that can happen. Personally,I fee the worst things are happening afterwards, when you get emotional and get overwhelmed with the desirte of revenge.

I know man, that sucks. To tell the truth I'm not that confident about my trading results either. I just want to do everything right from the very beginning. Get a regulated brokerage, take care of all the paperwork, think in advance about taxes, etc... That's why I'm in this thread about tradecom. The positive attitude wouldn't hurt

Which is the platform trader .com offerers, MT4 or MT5?

From what I know, they don't offer MT5.

That's true, they only offer MT4 or webtrader for CFD trading.
DMA accounts trade with IB platform

Is it a bad sign that they don't support MT5?

MetaQuotes have rather strange politics regarding these two platforms, so I would consider any decision that broker takes in regard of their support to be neutral. Neither good, nor a bad sign.
What happens, they can prolong the subscription to MT4 if a broker has already baught a license, yet, they only offer MT5 to new clients. And the most interesting thing, they don't offer an upgrade.
If a broker that is already supporting MT4 wants to support MT5 as well, he has to pay 100% of a new MT5 license cost. This is a rather weird policy and I can't blame any broker that has decided to abstain from buying an MT5 license. Moreover, retail traders often prefer MT4 anyway, even if they have the choice to use either version.

Tnx for explaining. I didn't know traders like MT4 better. Will have to read more about the differences.

I'd suggest focusing on something more practical. Creating a decent trading system and learning some meditative practice might be a better way to use your time

Ahaha, I know what u mean. I've started practicing with the demo tradecom gives and looks like knowing "trend's ur friend" saying is not really enough to get profitable. Just kidding, I'm not that naive, but seriously yeah, I might be focusing on unimportant details instead of working harder on stats. Thnx for pointing this out.

Please let me know if you've got a 100% proof info. I'm about to open DMA with trade.com but IB tading platfomr is one og my biggest concerns. Did anyone here try using it?

What's exactly wrong with trade.com CFD trading service?

That's nothing wrong. They are afraid that the traders can crash down to a minus or get superprofits. Big leverage is risky for both of you. However, they might change it any day.