Trade12 Review 2017

Trade12 Review 2017

Trade12 is an international online forex and CFD’s trading broker. Trade12 was founded in 2015. Trade12 is owned and operated by UK Company Global Fin Services Limited. Their UK business Reg. No: 09836699.  They legally regulated by Eyar Financial Corp Limited under the license number 014641, Republic of Vanuatu.

Headquarter is in Langley House, Park road, London, N28EY.

Trade12 Operation address is: Tornimäe 5, Tallinn 10145, Estonia.

They offer trading on Forex, Gold, Silver, Oil Futures, Shares and Indices by using their MT4 platform and web trader platform.

The company is available for trading 24 hours a day and they also offer a no dealing desk policy which takes away the conflict of interest between the broker and their clients. You can speak to customer support 24 hours a day, 5 days a week for any queries you may have and bear in mind that they offer a leverage of up to 1:400. You can open a trading account with the minimum $250 deposit.

What Trading Platforms they provide

The backbone of Trade12 is both their MetaTrader4 and Sirix web Trader platforms. These two platforms are very famous and revolutionary development for the traders to trade smoothly without any intervention. The MT4 is also available for mobile on-the-go trading. You can trade using both platform for one trading account.

The web trader as its name suggests can be used as soon as you have a login and also features:

  • One-click trading
  • On platform charting and Trading Central live analysis
  • Easy to use interface
  • Social trading with the ability to follow other trader’s trades

You can access this platform at any time you like and trade from basically anywhere in which you have internet connection.

What are the Trader12 Mt4 Platform benefits

  • User friendly interface
  • Over 250 instruments to trade
  • Trade Currencies, Energy, Agricultural Commodities, Indices and Futures.
  • Wide range of market shares around the world
  • One click trading capability
  • Extensive pre-packaged technical indicators
  • Multi-language support

MT4 Mobile Trader App Features

 

  • Account management
  • High speed execution of order
  • Set stops and limits
  • Trade Multiple accounts
  • Execute, modify and monitor trading
  • Interactive Charts
  • Keeping record of trading history
  • Live streaming of market prices
  • Full access to trading instruments
  • Built-in social trading

Trade12 Web Trading Platform

Trade12 Web Trader has been rebuilt in HTML5 and is compatible with all majors, featuring a shared wallet between the web environments, financial market news and real-time rate streaming.

Now with Trade12 Web Trader you can easily execute trades with one-click trading in a streamlined user-friendly interface, allowing you to open multiple positions with no requirements to download or install anything to your computer.

 

Web Trader Key Features

  • One click order execution
  • Live analysis and charts
  • Instant access to global markets.
  • User friendly web trading environment
  • Social trading, copy other traders’ orders
  • Built-in charts and graphs

Trade12 Account Types Review

Trade12 offer 4 main account types which you can choose from. Each account offers different types of trading power and benefits for you. Trade12 has designed these accounts not only for individual beginner trader but also for institutional clients.

You can enjoy trading in the global forex market using the most advanced MetaTrader 4 trading platform from any PC, notebook and mobile/tablet device.

Types of accounts are:

  1. Beginner
  2. Trader
  3. Expert
  4. VIP

Beginner Account Trader

If you are new in the global forex market then you will be considered as a beginner trader. Which means you have never invested any money to trade in forex market nowhere. With this in mind trade12 designed the beginner trading account for you. To be eligible for the beginner account you have to open a real trading account with minimum $250 deposit.

Features with beginner account:

  1. You will enjoy floating Spreads starting from 1.2 pips
  2. Min Lot size will be 0.01
  3. You can enjoy MT4 and Web Trading platform for trading
  4. Daily Technical & Fundamental Analysis will be sent to you via Email
  5. 24-hour Support will be provided for you
  6. Individual Account Manager will be assigned for you according to your language.
  7. You can use your smart phones to trade with trade12

Trader Account Review

You need to sign up with minimum $10000 to be eligible for the trader account at trade12. There are few additional benefits included with this account. Which are;

  1. Floating spreads starts from 1.0 pips
  2. Min lot size 0.01
  3. ECN broker service
  4. 24/h Customer Support
  5. Daily Analysis
  6. Personal account manager

Expert Trading Account Review

Expert trading account is for those traders who has over 3-5 years of real trading experience. There is not much difference from other trading account. Best part of expert trading account is spreads are fixed and starts from 0.8 pip. Additional benefits are free bank wire withdrawal and ECN broker services. Hard part is you have to deposit minimum $50000 to be eligible for expert trading account.

VIP Trading Account

you will need to speak to an account manager here.

Please note that you can also sign up for a demo trading account in order to try before you go for real trade with Trade12. It’s free to use and never expires.

Trading Assets

Traders at Trade12 can trade via various instruments on both mobile and desktop platforms.

Forex:

Trade12 provides traders with the opportunity to trade over 50 currency pairs on its platform, including all majors, minors and exotic currencies. Spreads for these currency pairs begin at 0.8 pips for EUR/USD, 1 pip for GBP/USD, and 0.8 pips for both AUD/USD and EUR/CHF pairs. This broker also provides a leverage of up to 1:400 to Forex traders.

Metals:

At Trade12 you can use the MetaTrader 4 platform to effectively edge their positions by trading on Spot Gold and Silver, while at the same time taking an opposite position on the USD.

CFDs:

Here Trade12 you can trade on multiple asset types on the same platform including shares (Google, Microsoft, Apple, Alibaba, Facebook, and Amazon among others), Commodities (Sugar, Wheat, Gold, Copper, Silver, Natural Gas, Crude Oil, Coffee, and Corn, among others), and Stock Indices (DAX, FTSE 100, Dow, NASDAQ, S&P 500, CAC 40, and Nikkei 225, among others).

Trade12 Spreads, Margin and Leverage

Spreads are one of the most important factors that an investor considers in choosing a broker. Trade12 acknowledges this fact and therefore offers a tight spread for all account types. Trade12 provides spreads as low as 2 pips on the Silver account, and also offers fixed spreads starting from 0.8 pip on Platinum account. Aside from the benefits that traders get to experience by trading with Trade12. You can also enjoy lower fees on all of their transactions.

On a good day, there is nothing to worry about, but when your trade is appearing to be going the other direction, then there is cause for concern. This is where the issue of margin coverage comes in. At Trade12, traders can activate various risk management strategies such as margin call opt outs and stop outs.

Margin call is basically when Trade12 informs the investor to top up the account to avoid the possibility of opt outs. Opt out is when Trade12 closes the open position after the account level falls below the minimum set by the broker.

As for spreads, it all depends on the account the client opens, but basically most currencies attract a spread of 0.8 pips to 4.5 pips.

Trading Tools and Resources at Trade12

Trade12 has ensured that its traders do not have to switch platforms when searching for information on actionable trading ideas. Traders can access breaking news, analysis and various tools such as economic calendars on the platform in real-time.

There is also a trading school dedicated to educating traders on various trading strategies and techniques for successful trading at trade12.

You can also choose to trade via a WebTrader platform if you wish. while the MT4 platform is available on both desktop and mobile devices.

How can you Deposits and request for a Withdrawals at trade12?

You can deposit funds in you trading accounts in USD, GBP or EUR. The available deposit and withdrawals methods include Wire Transfer, Credit/Debit Card, Moneta.RU, Ali Pay, PaySafe Card, Yandex Money, China Union Pay, CashU, WebMoney, and Skrill/MoneyBookers. You can choose what suites you best to process your deposit.

Deposit and withdrawals time is instant for all the methods except wire transfer which takes 2-5 business days. Deposit limits vary for Credit/Debit Card and Skrill deposits, but are unlimited in Wire transfer, WebMoney, CashU and Ali pay. As for PaySafe card, min is EUR100 and Max is EUR1,000.

Running promotion for traders

Deposit Bonus

50% TRADABLE BONUS

EXCLUSIVE 50% TRADABLE BONUS Boost your trading with a free Welcome Bonus to your Live Account! Read the Terms & Conditions of the promotion

Wants to Open An account

Reliability

Trade12 certainly features all the right buzzwords on their site, including information about their KYC (Know your Customer) policy and about fund segregation and so on but what is not so excellent is the fact that they are regulated in Republic of Vanuatu under Eyar Financial Corp Limited (Company No: 014641).

In truth, not every good broker is regulated, and this is a good broker from what we have seen. However, there is no doubt about it that traders are much more comfortable when they and their deposits are covered by investor compensation schemes and regulated brokers that must have a certain minimum capitalization in their coffers.

Other than the matter of regulation we can see by the kind of resources and robust trading technology that this firm is investing in that they are a good solid candidate, with a long-term attitude.

Is your Fund Secure at trade12

Trade12 is committed to provide the highest level of client’s fund security. Clients fund security is their top priority.  With Trade12, you can be absolutely assured that your deposits are secured in every possible way. Here are some of the methods we take to guarantee funds protection:

Bank Accounts

The Company maintains operational and client bank accounts with reputable international banking institutions. Which makes traders account more secure and reliable for deposit and withdrawal.

Segregated Accounts

In accordance with international regulation standards, Trade12 is using separate accounts to keep protected customers’ funds segregated from the company’s balance sheets. This keeps your funds secure and untouched.

Supervision

Investment firms are obliged to meet strict financial standards, including capital adequacy requirements. Trade12 maintains sufficient liquid capital to cover all client deposits, potential fluctuations in the company’s currency positions and outstanding expenses. A detailed annual audit performed by an independent auditor points out any deficiencies.

Risk Management

The Company continually identifies, evaluates, monitors and controls each type of risk associated with its operations. More specifically, when managing risks, the responsibilities of Senior Management are as follows:

  • Assess the effectiveness of the policies, arrangements and procedures in place on a continuous basis;
  • Decide on the Company’s risk bearing capability and strategy;
  • Review the Risk Assessment Report carried out by the Risk Management Department and take appropriate action where necessary; and
  • Ensure that the Company has the ability to cover its financial needs and capital requirement at any time.

SSL-protected Personal Area

Trade12 use highly secure technology to protect your personal data and financial transactions. SSL-secured Personal Area is protected with 256-bit encryption, which makes your browsing safe and your data inaccessible to any third parties.

Account Verification

Trade12 recommends you to verify your account by submitting your personal ID scan and an address proof. This simple measure will make sure your transactions are authorized and secured.

Secure Withdrawal Regulations

Since a withdrawal from a live account requires an email confirmation, no one can ever access your account but yourself. It is also required that you use the same payment details for deposits and withdrawals. Thus, under no circumstances can Trade12 transfer your withdrawal to an unauthorized third party.

3D secure Visa/MasterCard authorization

We apply 3D secure technology when processing credit and debit cards. This technology makes all Visa/MasterCard transactions transparent and safe.

Advanced Protection

Trade12 trading environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. They have developed and maintain top level protection, so any data loss, damage or other technical issues are highly unlikely.

Support

Traders at Trade12 can contact support via Telephone, Email, Live Chat, and Contact Form.

Email: [email protected]

Telephone: +18882936433

Pros

  • Forex, Gold, Silver & Oil
  • Futures on Shares & Indices
  • Deep liquidity sources
  • Trading available 24 hours
  • Leverage up to 1:400
  • No Dealing Desk, no requotes
  • 24/5 Help Desk Support
  • Limit orders applicable

Cons

A strange regulation from the Republic of Vanuatu.

Conclusion

I can tell you one thing, that trade12 is one of the finest and reliable broker in the market to start trading, even though trade12 is not regulated by any well-known regulatory body. They provide 24/5 support in Arabic, Chinese, English, French, Italian, Japanese, Portuguese, Russian for their traders.

I can tell you that trade12 is one of the good online trading broker among many other great brokers in the market with awesome product and service reputation.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here