The Complete Tradeo Review – An Honest Look at the Broker Tradeo

The Complete Tradeo Review – An Honest Look at the Broker Tradeo title=

This Trading Platform is available in Ukraine

2.6/5

Tradeo has received mixed feedback from users across various review platforms. Many appreciate its user-friendly interface and the accessibility of social trading features, which allow for a more interactive experience. Traders have mentioned that the platform's educational resources are helpful for beginners, providing a good starting point for those new to trading.

However, there are concerns about customer service responsiveness, with some traders experiencing delays in support or difficulty getting issues resolved promptly. Additionally, there are mentions of withdrawal problems, causing frustration among users who want quick access to their funds.

Despite these issues, several reviews highlight the range of instruments available for trading as a positive aspect, giving traders plenty of options to diversify their portfolios. Overall, Tradeo seems to offer a decent trading environment but may need to improve aspects of customer service and streamline withdrawal processes to enhance user satisfaction.

Min. deposit
$100
Website address
Demo account
Yes
Currency
EURUSD
Supported languages
AraEngFreItaSpa
Active
Yes
Payment Methods
Bank WireCredit/Debit cardsNetellerSkrill
Pros
  • Regulated by CySEC
  • Social Trading Features
  • MT4 Platform
  • Islamic Account Option
Cons
  • Not available in the USA
  • High Minimum Deposit
  • Inactivity Fees
Awards
None
Bonus
No
Instruments
CFDsCommoditiesCryptoForexIndicesStocks
Min. trade price
Depends on asset
Regulated By
CySEC
MetaTrader 4
Yes
MetaTrader 5
No
cTrader
No
OmniTrader
No
AlgoTrader
No
TradingView
No
Trading Central
No
Autochartist
No
eSignal
No
STP Account
No
ECN Account
No
DMA Account
No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
Mobile Apps
Yes
Margin Trading
Yes
Volatility Index
No
Spot Trading
No
Perpetual Swaps
No
ELWs
No
REITs
No
AI / Machine Learning
No
Robo Advisor
No
P2P Trading
No
Negative Balance Protection
Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Managed Accounts
No
Market Maker
Yes
Auto Trading
No
Social Trading
Yes
Copy Trading
Yes
Trade Signals
Yes
Islamic Account
No
Inactivity Fee
Yes
Guaranteed Stop Loss
No
Stock Exchanges
Not applicable
Commodities
Gold, Silver, Oil, and others
Forex Trading
Yes
Forex GBPUSD Spread
Variable
Forex EURUSD Spread
Variable
Forex EURGBP Spread
Variable
Forex Assets
50+
Crypto Spread
Variable
Crypto Lending
No
Crypto Staking
No
Crypto Mining
No
Crypto Auto Market Maker
No
Crypto Coins
BTC, ETH, LTC, and others
Binary Options
No
Payout Percent
Not applicable
Expiry Times
Not applicable
Ladder Options
No
Boundary Options
No
Show all >>

* The amount that will be credited to the account in the case of a successful deal

* General Risk Warning: Your capital might be at risk

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 2.6,
according to 229 reviews

4.5 Stars
inga
inga
stars
de
My account manager is Dragan and i am really surprised with the time and afford he puts in my education. I am very successful at trading, and made profits !

View all

Sheryl Coderes
Sheryl Coderes
stars
hk
Basically Zslot is very helpful to me specially i am new on this field. Salute and thanks for tge big help.

View all

Bengt Jansson
Bengt Jansson
stars
se
Hello there! My experience is on the plus side that tradeo is taking good care about the customers with support, hints and education. The minus is the fees, a bit to high. The staff is good and polite.

View all

Mette Pedersen
Mette Pedersen
stars
no
I have good experience with Tradeo. They call me and follow up me and my investment. They give me good advice and answer my questions. They have patience with me, and use time for me to understand.

View all

Jan Hvid
Jan Hvid
stars
dk
The service have been great until now. Thank to Ron

View all

Hendre van Rooyen
Hendre van Rooyen
stars
ie
Good service. Val is very helpfull in giving me advise on trading opportunities and building up my profile.

View all

Content

Tradeo users enjoy regulatory protection such as negative balance protection for participatory countries. It’s regulated by Cyprus Securities and Exchange Commission (CYSEC).

The bottom line: After carefully studying Tradeo, I’ll give it a cautionary recommendation. It’s worth keeping an eye on how the broker proceeds in the future.

For now, however, since the broker isn’t yet operational, it’s best to steer clear. As a first-time platform user, you’ll receive a message indicating the suspension of its trading services. The message reads, “Dear Clients, Tradeo ceased offering trading services last year in May. Trading and ancillary will not recommence, and the brand/platform will be permanently discontinued.” You’ll also notice the platform no longer has a “sign up” button.

dear-clients-tradeo

Existing clients need not worry; Tradeo assures it will assist clients with a pending query or withdrawal. All you need to do is start a conversation via Tradeo’s web chat or send an email to contact the customer service team.

Tradeo Regulators

When reviewing the regulatory status of any broker, I have my eye on regulation compliance; my ability to trust a broker guides my investment decisions.

I discovered here that, unlike other brokerage platforms, Tradeo isn’t compliant with many regulatory authorities. While this doesn’t mean Tradeo should be classed along with unregulated brokers, it definitely is a strike against the broker when there are other fully-compliant brokers for traders to choose from.  

At the moment, Tradeo is solely regulated and licensed by Cyprus Securities and Exchange Commission (CYSEC) which ensures it provides ancillary investment in accordance with the law. Tradeo operates under UR Trade Fix Ltd, registered in Cyprus with the registration number HE336677 and a license number 282/15.

This license gives Tradeo the right to execute orders on behalf of clients, manage portfolios, grant credits or loans to one or more financial instruments, etc. This means users get regulatory protection, including negative balance protection on trading instruments to reduce the degree of risk regardless of the market condition.

Tradeo holds a Cyprus Securities and Exchange Commission (CYSEC) license.

This Cyprus Securities and Exchange Commission license allows the company’s services to be extended cross-border, giving it instant access to different countries of residence, including Germany, Italy, Netherlands, Sweden, Austria, Spain, Denmark, Norway, Malta, Malaysia, Luxembourg, Lithuania, Liechtenstein, United Arab Emirates, Switzerland, Slovenia, Slovakia, Singapore, Portugal, Poland, and Singapore.

With this number of countries under the Cyprus Securities and Exchange Commission (CYSEC) watch, many agree it’s a solid license.

tradeo-regulators

Tradeo ensured easy accessibility to crucial legal documents such as its Risk Disclosure Notice, Investor Compensation Funds, Best Interest and Order Execution, and more. These resources are available in a variety of languages to keep all users informed.

tradeo-regulators-1

There are also four pages of documents detailing other security approaches Tradeo takes to guarantee your safety as a user. Here’s a screenshot of it:

tradeo-regulators-2

Tradeo ticks many boxes in the regulatory category, but it would have been ideal if the broker was registered and compliant with other authorities, such as the Financial Conduct Authority.

You should use this to make informed trading decisions to reduce your investment risk, especially if your risk tolerance is low.

Further reading

What Is Tradeo and What Does It Entail?

Tradeo is an online broker that provides a simple and revised way to trade and invest in the financial market, suitable for beginners and experienced traders. This is possible through Its edge-cutting trading technology and the inclusive trading environment— most proprietary platforms use this.

what-is-tradeo-and-what-does-it-entail

Some financial instruments available for trade on the platform are currencies, indices, contracts of differences (CFDs), commodities, and stocks. An impressive feature from Tradeo that garnered a lot of interest is the social trading feature. Other remarkable features are the online training center and real-time market analysis.

Despite being a reliable platform, there are no Islamic accounts that some successful traders appreciate.

Note: CFDs are complex instruments with a high risk of losing money rapidly due to leverage. It is worth noting that 79.06% of retail investor accounts lose money when trading CFDs with this provider.

Further reading

Tradeo Trading Terms

The trading terms and conditions for many trading platforms can be similar in some instances, as in the minimum deposit requirements, maximum leverage, and available currency pairs to trade. However minor, the difference in trading terms might be what separates the best brokerage platform from the others. In the case of Tradeo, here are the terms you should prioritize:

  • The minimum deposit requirement/first or initial deposit is $200
  • The minimum contract is 0.01.
  • Spread size – from 2.2 p. (Fixed)
  • Maximum leverage is 1:200
  • Account currency – US dollar, yen, euro.
  • Affiliate program – provided.
  • Bonuses – there are.
  • Investments – social trading platforms.
  • Additional fees – none.

These might change based on the market conditions, currency pairs, and the degree of risk. You should note this when developing a trading process and making informed trading decisions.

Further reading

How to deposit and withdraw money with Tradeo

Tradeo, just like its competitors, has done a great job in making deposits and withdrawals easy for users. As a user of Tradeo, you can benefit from the list of trading options available on the platform.

how-to-deposit-and-withdraw-money-with-tradeo

To deposit/withdraw funds, you can use the following:

    • Plastic cards (credit/debit cards).

    • Wire Transfer.

    • PayPal.

    • Skrill.

    • Transfers of financial institutions.

It’s important to note that different fees and commissions are associated with each process; However, deposits are generally free. If you’re making a withdrawal, it’s another ball game: withdrawal via wire transfer can cost you $30; in the case of credit card withdrawal, you will pay $15. There is also a fee when using methods like a debit card for a withdrawal request.

additional-fees

Fees are charged for in-app conversion of currency, inactive accounts, and commissions on different tradable assets on the platform. Watch out for these, as they can slowly bleed your account.

fees-related-to-traiding

To keep Tradeo secure for all users, you must undergo a simple verification procedure to confirm your account is genuine before you are able to proceed with financial transactions.

Further reading

Tradeo Trading Instruments

Given the rapid development of the global financial market, the list of assets that a trader can work with is constantly broadened – leaving us as traders with many choices and investment decisions to make.

On Tradeo, you have access to over 200 complex instruments. This includes, but is not limited to, forex, cryptocurrency, raw materials, precious metals, and CFDs (for specified instruments).

tradeo-trading-instruments

If you’re like me, however, Tradeo still might not have all the instruments you crave for more trading opportunities.

While most trading methods available are low-risk, CFD trading is available on currency pairs and all instruments; with this number of instruments, making informed trading decisions can be challenging, but having a trading process that includes your risk tolerance and investment risk is essential.

Further reading

Account Types

Like most brokerage platforms, Tradeo has different account types for users to select from. The three account types include Standard, Classic, and Gold. Each of these accounts varies in its value proposition.

The standard account

This account starts from €1,000 and offers a relationship manager trial period, a private one-on-one trading academy for one session, and a trading commission standard.

The classic account

This account starts from €2,500, offers a relationship manager, a private one-on-one trading academy of up to three sessions total, and a trading commission standard.

The Gold account

This is the most robust account of all. It starts from €10,000 and offers a relationship manager, a private one-on-one trading academy of up to four (4) sessions total, private trading sessions -to-to sessions per month, SMS trading notifications, and trading commission discounts of up to 10%.

tradeo-the-gold-account

Further reading

Tradeo Security

As a trader, security is paramount to ensure your assets are safe. Security on Tradeo is second to none. It claims to operate separate accounts for clients and the company’s funds in compliance with regulatory protection and legislative framework.

From a technical standpoint, the Tradeo SSL-secured platform uses AES256 encryption for all its transmission. It also has a privacy policy that gives the details that need to be Known. Aside from the Tradeo brand being a regulated broker, there are security features to support active trading; anyone looking to build solid trading skills should go for this.

User education is another angle that brokers can use to ensure safety on their platforms. Tradeo’s courses are heavily concerned with effective risk management to mitigate unforeseen circumstances in the financial market.

tradeo-security

Further reading

Training at Tradeo

The clear edge Tradeo has in this regard is ensuring the content on its website has been translated into four different languages: British English, French, German, and Spanish. This helps with easy navigation for clients from diverse backgrounds.

On the trading floor, you will find the bare minimum training information (in this regard, Tradeo is lacking). This is to help traders make informed trading decisions. This is a similar path successful traders have taken to unlock trading opportunities and build a trading process.

For Russian-speaking users, only daily analytics from experts in the global financial market is provided. If you are fluent in English, you can study common financial strategies or find the necessary information in the Questions and Answers section.

These educational tools are helpful but do not forget about social trading; by copying the deals of successful traders, you can get a good profit, even without understanding how it is formed.

Placed on the Tradeo platform, a demo account allows you to see in practice how financial transactions are carried out, what you should pay attention to first, and what indicators do not represent practical value for the trader.

training-at-tradeo-1

The aspect of the broker’s site that discusses and teaches users about building online trading strategies is referred to as the “Trading Central,” which entails:

  • Analytics trading tools that help traders blend with already existing patterns and mathematical modeling for trading precision. Educational tools like this are what successful traders watch out for.
  • Trading Signals where Tradeo provides you with well-structured signals to take trades.

The amount of training materials on Tradeo may be disappointing, especially to novice traders seeking more advice and a wider variety of tools. There is no content informing users of trading basics, and there is zero expert or investment advice. So far, I have not encountered any community feedback or feedback forms for users to fill out.

There is some video content on the site that explains and discusses news and events happening in the markets. I like that because it combines video, image, and text on the platform. These can help you make more informed decisions, understand your risk tolerance, and learn to reduce your losses in trading.

Further reading

Customer Support

customer-support

Reliable customer support is a must when seeking out a new broker. The Tradeo Brand has consistent customer support and multiple ways to reach the brand.

There’s a customer support line to call if you have any issues. It’s preferable to reach the Tradeo brand via their official email for funding or client queries. If the problem concerns fundamental questions, message through the website chat box. This requires a verification process that includes your first and last name and email address.

Further reading

Pros and Cons of Tradeo

Pros of Tradeo

There are different advantages for any trading activity on Tradeo:

  1. Traders using Tradeo are assigned a personal account manager, which is very helpful – particularly for a beginner trader. The role of the account manager is to provide one-on-one educational sessions.
  2. Transparent pricing is another reason why I would choose Tradeo. Tradeo relies on a model known as STP (Straight-through processing) to ensure spreads are eighth across all assets.
  3. The easy accessibility to support with the three icons at the center-right of the screen lets users speak to customer support via email, mobile number, or email.
  4. Tradeo has the demo trading option to let traders familiarize themselves with the ins and outs of the site, which supports platforms like MetaTrader 4 (MT4) and MetaTrader5 (MT5).
  5. Deposit and withdrawal requests are simple and hassle-free.

Cons of Tradeo

Just as the platform has advantages, there are disadvantages to using the platform.

  1. The lack of a signup option reflects negatively on the site and halts the attraction of new users.
  2. Tradeo is regulated by only one authority so far, which isn’t a promising sign.
  3. Unlike other brokers, Tradeo doesn’t support other trading terminals.
  4. The closure of the site without any explanation undermines users’ trust in the site.
  5. There are no Islamic accounts available, meaning some successful traders may have limited trading opportunities.

Further reading

Frequently Asked Questions

What Are The Reviews on Tradeo?

Aside from the dissatisfaction due to being regulated by just one authority, Tradeo is considered a reasonably good broker according to user reviews. Read more on the TrustPilot customer satisfaction ranking to learn more. A common refrain from customers is that the investment risk is low, and there is loss protection — just make sure to make informed trading decisions.

How do I withdraw from Tradeo?

Withdrawing from Tradeo is relatively seamless, with different payment options. You should know that withdrawal costs $30 per wire transfer and $15 per credit card transaction.

How many Tradable instruments are available on Tradeo

There are limited trading instruments to select from, which is one of the cons of Tradeo. So far, there are only 200 trading instruments available on the platform. There is instant access to CFD trading on some physical assets on the platform.

Is Tradeo the best Forex broker?

There’s no best such thing as the “best” forex broker. It depends on the functionality of the broker and the benchmarks set by you, the user. If all features and functionalities fit your needs, then it’s the best broker for you.

How long does it take to open an account with Tradeo?

Signing up is very fast and straightforward; once all the required details are provided, you should be ready to use the account with the broker. However, until further notice, Tradeo is not allowing signups to the site.

What factors should I consider before trading?

Factors like a secure trading environment, regulatory requirements, the approach to trading, demo trading accounts, etc., will help you make informed decisions as a trader.

Further reading

Conclusion

Tradeo is an overall reliable platform for traders and investors with good trading conditions. Their website needs an excellent user interface and experiences similar to its mobile trading app. There are also helpful trading tools to help users with active trading experience get the best market price regardless of the country of residence.

The most glaring reason to stay away from Tradeo, at least for the time being: for unclear reasons, they are no longer accepting new clients. Some clients’ reviews express an aversion to the services. It’s essential to conduct your research to make informed decisions;

if you’ve started using the platform before you go all in, consider factors like the payment options, the implication of having inactive accounts, regulatory status, and regulatory requirements.

It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.

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