Back in July Trading Point Group, which also operates XM, one of the leading brokers on the forex market, launched Trading.com. Currently the new brand is available only to European customers under a UK license, but latter when the process of obtaining a US license from the National Futures Association (NFA) is finalized, Trading.com will be introduced cross the Atlantic as well.
|#||Broker's Features||TRADING POINT OF FINANCIAL INSTRUMENTS Availability|
|#||Accepts US traders||❌|
|#||24 hour trading||✔|
|#||Trading by phone||❌|
|#||1st deposit bonus||❌|
|#||Forex contests competitions||❌|
|#||Interest charges on the balance||❌|
|#||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 Trading Point of Financial Instruments.
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. Trading Point of Financial Instruments offers Online Financial Trading and Investment Services Such as CFDs on Forex, Stocks, Indices, Metals, Commoditie.
Tradable Products: Trading.com is offering two account types - Ultra-Low Standard and Ultra-Low Micro, which will grant you access to over 1 250 markets, among which almost 60 currency pairs,
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Trading Point of Financial Instruments is Broker.
Trading Point of Financial Instruments allows you to execute a minimum trade of 0.01. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.
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. Trading Point of Financial Instruments 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. Trading Point of Financial Instruments is regulated by FCA. 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: In the EU and the UK Trading.com is operated by Trading Point of Financial Instruments UK Limited, which is licensed and authorized by the Financial Conduct Authority (FCA). And Trading.com is also expected to take over the customers of XM UK, which will give the new broker additional boost.
Account currencies: Next lets consider the Account currencies each broker offers. Trading Point of Financial Instruments offers EUR, USD, GBP, CHF, AUD, PLN, HUF different account currencies for each account types.
Account Openning: It will take you less than 5 minutes to open a live account at Trading.com. Trading is simple and straightforward and there are no complex terms and conditions.
Trading Point of Financial Instruments offers a demo account for practicing trading skills and get familiar with the broker’s trading platform.
Languages Available: Next lets have a look at each broker's different Language options. Trading Point of Financial Instruments offers Czech, Dutch, English, French, German, Hungarian,.
Payment methods: Next lets have a look at each broker's payment options. Trading Point of Financial Instruments offers Bank Wire Transfer, VISA, MasterCard, Local Bank Transfers, different payment methods for each account types.
Deposit and withdrawal: Trading.com accepts the most commonly used payment methods today including Bank Wire Transfer, Credit/Debit Card, Neteller, Skrill, etc.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Trading Point of Financial Instruments makes MT5, WebTrader available to clients.
Web & Desktop Trading Platforms: To its European customers Trading.com offers a classical trading solution – the MetaTrader5 platform.
Mobile Trading Platforms:
It offers attractive conditions for trading in wide range of instruments, as well as awesome bonuses & promotions.
Besides English, Trading.com website is available in German, Spanish, French, Italian, Czech, Polish, Hungarian, Dutch, Portuguese and Swedish and there is 24/5 live support via chat, phone and email.
Trading.com is expected to become one of the leading brands both in the UK and the wider EU, and the US market as well, after they get their American license. The trading conditions offered by Trading.com are basically as good as they can get and their trading platform is well known to the trading community. All of that makes Trading.com a perfect choice both for professional and beginner traders alike.
Trading.com is expected to become one of the leading brands both in the UK and the wider EU, and the US market as well, after they get their American license.
The trading conditions offered by Trading.com are basically as good as they can get and their trading platform is well known to the trading community. All of that makes Trading.com a perfect choice both for professional and beginner traders alike.