Contributor, Benzinga
March 20, 2023
TradeEU
Overall Rating:
securely through TradeEU's website

Established in 2021, TradeEU is a Cyprus-based Contract for Difference (CFD) broker that offers traders access to more than 250 assets on a user-friendly platform. All you need is an initial deposit of 250 euros to get started. Try out your trading strategies and get used to the tools when you trade in the virtual account — a free demo account.  When you’re ready to commit your cash by accepting the relevant risk warnings, choose from one of three accounts and start trading. Your money is secure, and you have the advanced charts and tools available to all MetaTrader5 users for investing.

Pros
  • Free virtual trading in a demo account
  • Three account types to suit your value investing strategy
  • Free of commission with tight spreads
  • No transaction fees
  • 24/5 customer support
Cons
  • Inactivity fees
  • No access to TradeEU for investors in the U.S., Canada, Israel, Iran, Japan and other non-EU countries

TradeEU Ratings at a Glance

Customer Service Rating
Security
Minimum Investment and Pricing
User Experience
Overall Rating

TradeEU Product Offering

TradeEU recently entered the derivatives market with the vision of making it easy for anyone to start CFD investing using its platform. The platform stands by this vision by offering users a virtual trading service and an in-house platform that is simple and intuitive. It also accommodates professional and expert traders with access to the MT5 platform. The industry recognizes MT5 for its more advanced tools and charting functions.

Let’s look at what TradeEU can offer you. 

Three account types

TradeEU users can choose one of three account types. 

  • Silver account: Beginner-friendly CFD investing with spreads starting at 2.5 pips.
  • Gold account: Aimed at experienced traders, the Gold account offers traders advanced tools and a personal manager. Spreads start at 1.3 pips.
  • Platinum account: Offers extra benefits not available on the other accounts. The Platinum account is designed for professional and active traders. Spreads start as low as 0.7 pips. 

Whichever account you choose, you can leverage your trades up to 1:30 leverage, which can improve your potential profits but at the same time bring the chance of heavier losses, so traders must use this tool with care. Stop-loss and take-profit orders are good risk management tools that can help your trading strategies.

When trading, you can choose from more than 250 trading assets, including CFDs in forex, cryptocurrencies, indices, commodities and stocks.

Funding options include credit and debit cards and wire transfers; all are commission free. Accounts have a 50% stop-out level, the level at which all open positions will automatically close.

Trading Tools

TradeEU offers users the benefits of trading on the MetaTrader5 (MT5) platform. Users have access to the browser and could start CFD investing through WebTrader.

MT5 is a well-known trading platform. Beginners can find it a little difficult to navigate at first and may benefit from the training offered. It is a user-friendly trading platform with excellent graphics. It contains advanced trading and analysis tools and charts that all kinds of traders can enjoy.

MT5 supports algorithmic and copy trading. You have access to advanced economic indicators and the economic calendar. TradeEU offers traders access to its proprietary trading app, which is easy to navigate.

Practice your trading strategies using the TradeEU virtual account, a free account. You can get all the practice you need without putting your real money at risk. The default trading account value is 100,000 euros, and you can simulate trades in the demo account while testing out strategies. When you’re comfortable with the platform and markets, you can start trading for real.

Registration

You can register online – it only takes a few minutes. All you need is proof of identity and residence and other personal information.  

Customer Service Rating

TradeEU offers 24/5 customer support and provides direct phone numbers and an email address for quick access to friendly support. There is no Chatbot, but you can leave your details for a return call.

Security

TradeEU offers users secure and transparent trading, complying with industry standards. The platform is secured by a Secure Sockets Layer (SSL), and all data is encrypted, ensuring the safety of client information.

TradeEU — regulated by the Cyprus Securities and Exchange Commission (CySEC) — offers negative balance protection and funds insurance, separating client funds from corporate funds. Trusted international financial institutions hold client funds.

Minimum Investment and Pricing

The amount you pay for a trade will depend on the transaction type and size and your account type.

Expect to pay inactivity fees if your account is inactive for more than 60 days. Be warned that the inactivity fees increase with the length of inactive time.

TradeEU trades in euros. Currencies other than the euro will add currency conversion charges. TradeEU charges no transaction fees, so your transaction costs are limited to those charged by your financial institution. There is no minimum withdrawal amount. Credit and debit card deposits go through instantly, but you’ll wait three days for bank wires.

TradeEU offers tight spreads, the size of which depends on the account type. 

User Experience

You can access the platform in multiple languages, including German, Portuguese, English, etc. The MT5 app may be difficult for less advanced traders to navigate. However, the TradeEU app is user-friendly and easy to navigate. It allows for one-click trading, customized screens and advanced tools and charts. It offers 24/5 customer support assistance.

Overall Rating

TradeEU offers the opportunity for users to start trading with ease. Its vision is to make it simple for beginners or pros to sign up with ease. In addition to the intuitive dashboard, TradeEU provides advanced trading tools to help you on your journey. It requires an initial deposit of EUR 250 and offers leverage of 1:30. 

The platform offers 24/5 customer service, commission-free trading and competitive spreads. Three choices of accounts and the option to paper trade before risking your money mean you can match your trading account to your trading strategies. 

Frequently Asked Questions

Q

Who owns TradeEU?

A

Titanedge Securities LTD owns TradeEU. 

Q

Is TradeEU a regulated broker?

A

TradeEU is a regulated broker with Registration Number HE411909 under license number 405/21.

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