TradeApp Review 2019 | Is TradeApp a Scam or Legit Forex Broker?

Read our TradeApp review to find out if TradeApp is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

3.0/ 5

Rating breakdown

Protection & Regulations
60% Complete (danger)
3.0/5
Trading platforms
20% Complete (danger)
1.0/5
Tradable Products
100% Complete (danger)
5.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
TradeApp
TradeApp Overview

TradeApp is a CFD broker headquartered in Cyprus, offering 139 tradable instruments across Stocks, Forex, Commodities, Indices and Cryptocurrencies via their TickTech Trading Platform.

# Broker's Features TRADEAPP Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review TradeApp.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. TradeApp offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Crypto, Futures.

Tradable Products: At TradeApp, clients can trade 153 CFDs across 32 Currency pairs, 17 Commodities, 75 Stocks, 18 Indices, 7 Cryptocurrencies and 2 ETFs.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. TradeApp is STP.

Features: TradeApp offers no-fee trading along with loss protection on a user’s first five trades .

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. TradeApp recommended minimum capital is $5.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. TradeApp is regulated by CySEC, FSCA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Investor Protection & Regulations: TradeApp is operated by Depaho Ltd which is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority in South Africa (FSCA).

Account currencies: Next lets consider the Account currencies each broker offers. TradeApp offers EUR, USD different account currencies for each account types.

Account Openning: TradeApp offers two types of accounts called ‘Explorer’ and ‘Professional’ designed for both beginner and advanced traders across multiple CFD asset classes.

Languages Available: Next lets have a look at each broker's different Language options. TradeApp offers English, Italian.

Payment methods: Next lets have a look at each broker's payment options. TradeApp offers Credit Card, E Merchant Payment Solutions, Neteller, Skrill, Sofort different payment methods for each account types.

Deposit and withdrawal: TradeApp offers multiple ways for individuals to fund their trading accounts such as bank wire transfer, credit card and e-wallets like Neteller, Skrill, Trustly and more.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, TradeApp makes Proprietary available to clients.

Web & Desktop Trading Platforms: TradeApp offers the ability to trade on TickTech Platform which can be used on Windows, Mac, Web, Android and iOS.
Mobile Trading Platforms: TradeApp offers browser-based mobile trading of their TickTech Platform, compatible on Android and iOS.

Other

Trader Education
TradeApp offers a mini-Academy trading course but not many tutorials on how to use their platform.

Promotions
TradeApp does not offer any bonuses or promotions apart from users receiving five protected positions and upgrades to advanced trading features.

Support
TradeApp offers multiple support avenues by email, phone and live chat for technical and account assistance.

Recup
TradeApp is a reliable CySEC regulated broker, which offers a nice selection of trading instruments with the option to open a trading account with just 5 EUR. TradeApp presents a unique offering for both beginner and advanced CFD traders on their own proprietary TickTech Platform.

Final Thoughts
The level of functionality offered by TradeApp’s proprietary TickTech Platform is more suited to beginner traders but offers some unique benefits to advanced traders as well.

Trading Experience
The level of functionality offered by TradeApp’s proprietary TickTech Platform is more suited to beginner traders but offers some unique benefits to advanced traders as well.

People Also Asked

Is TradeApp regulated?
Yes, TradeApp is regulated by top-tier regulators, CySEC, FSCA inclusive.
Where is TradeApp based?
TradeApp is based in , Cyprus
How does TradeApp make money?
TradeApp charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in TradeApp account?
With TradeApp you can deposit money via the following means; Credit Card, E Merchant Payment Solutions, Neteller, Skrill, Sofort.
How do I withdrawal in TradeApp account?
TradeApp lets you request a withdrawal of funds from your account via the following means; Credit Card, E Merchant Payment Solutions, Netelle.
What is the minimum deposit for TradeApp?
TradeApp has $5 minimum deposit.
What are the available account base currencies with TradeApp?
TradeApp trading accounts are offered in EUR, USD. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in TradeApp?
TradeApp has a maximum leverage is 1:200 for professional traders.
How do I open an account with TradeApp?
Opening an account with TradeApp is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does TradeApp use MetaTrader?
TradeApp platforms: No, TradeApp do not use MetaTrader but it uses the following platforms: Proprietary
What type of broker is TradeApp?
TradeApp appears to be a STP broker which offers market access to a variety of traders.
Does TradeApp accept US clients?
No
Does TradeApp offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with TradeApp: You can trade a wide variety of instruments with TradeApp: Currencies, Commodities, Indices, Stocks, Crypto, Futures