July 2022 – The broker terminated its services. Domain is closed. Existing traders had time to proceed with withdrawal request. We want to believe that the broker took all the necessary measures to return any outstanding balances.
Reviewed broker: Trade FW
Established in: 2018
Operated by: iTrade Global (CY) Ltd
Location: 4th floor, Office D4, 256 Makarios Avenue, 3105, Limassol, Cyprus
Regulation: Cysec Cyprus Securities and Exchange Commission (License No.298/16).
Trading instruments: Forex, CFDs, Cryptocurrencies, Stocks, Commodities, Indices
Segregated accounts for client funds: yes
Benefits of trading with TradeFW.com
Web-based, no downloading necessary
Professional platform – easy to understand with clear explanations
Diverse trading products
User friendly trading experience
Quick and easy deposits/withdrawals
The TradeFW vision is to give you, the trader, professional platform, convenient, and all around superlative experience.
What are the benefits of trading with a licensed Broker?
- Regulated and Supervised by CySEC
• Governed by MiFID
• Protection of funds under Investor Compensation Fund (subject to eligibility)
• Segregation of client funds
• Client funds are safely kept in top-tier EU banks
• Strict anti-money laundering procedures are followed
• Best possible execution guaranteed
TradeFW Review : Account Types
| STANDARD | GOLD | VIP | PROFESSIONAL | |
| Platform | Trade using the popular MT4 Platform | Trade using the popular MT4 Platform | Trade using the popular MT4 Platform | Trade using the popular MT4 Platform |
| Spread | Tight spreads – starts from as low as 2.7 pips | Tight spreads – starts from as low as 2 pips | Tight spreads – starts from as low as 1.7 pips | Tight spreads – starts from as low as 1.7 pips |
| Commission | Forex, Metals, Energy, Commodities, Indices: No CommissionsCFDs on Stocks:France, Germany, Italy, Spain -> Commission Pattern: 0.1% or minimum 10 EURSweden -> Commission Pattern: 0.1% or minimum 70 SEKSwitzerland -> Commission Pattern: 0.1% or minimum 10 CHFUK -> Commission Pattern: 0.1% or minimum 10 GBPUK International -> Commission Pattern: 0.1% or minimum 10 USDUS -> Commission Pattern: 0.1% or minimum 10 USD | Forex, Metals, Energy, Commodities, Indices: No CommissionsCFDs on Stocks:France, Germany, Italy, Spain -> Commission Pattern: 0.1% or minimum 10 EURSweden -> Commission Pattern: 0.1% or minimum 70 SEKSwitzerland -> Commission Pattern: 0.1% or minimum 10 CHFUK -> Commission Pattern: 0.1% or minimum 10 GBPUK International -> Commission Pattern: 0.1% or minimum 10 USDUS -> Commission Pattern: 0.1% or minimum 10 USD | Forex, Metals, Energy, Commodities, Indices: No CommissionsCFDs on Stocks:France, Germany, Italy, Spain -> Commission Pattern: 0.1% or minimum 10 EURSweden -> Commission Pattern: 0.1% or minimum 70 SEKSwitzerland -> Commission Pattern: 0.1% or minimum 10 CHFUK -> Commission Pattern: 0.1% or minimum 10 GBPUK International -> Commission Pattern: 0.1% or minimum 10 USDUS -> Commission Pattern: 0.1% or minimum 10 USD | Forex, Metals, Energy, Commodities, Indices: No CommissionsCFDs on Stocks:France, Germany, Italy, Spain -> Commission Pattern: 0.1% or minimum 10 EURSweden -> Commission Pattern: 0.1% or minimum 70 SEKSwitzerland -> Commission Pattern: 0.1% or minimum 10 CHFUK -> Commission Pattern: 0.1% or minimum 10 GBPUK International -> Commission Pattern: 0.1% or minimum 10 USDUS -> Commission Pattern: 0.1% or minimum 10 USD |
| Minimum Contract Size | 0.01 | 0.05 | 0.1 | 0.1 |
| Maximum Leverage | Up to 1:30 | Up to 1:30 | Up to 1:30 | Up to 1:500 |
| EA’s Supported | ✔ | ✔ | ✔ | ✔ |
| Hedging | Allowed | Allowed | Allowed | Allowed |
| 24/5 Support | Superior customer service – 24/5 dedicated live support | Superior customer service – 24/5 dedicated live support | Superior customer service – 24/5 dedicated live support | Superior customer service – 24/5 dedicated live support |
| Account Manager | ✔ | ✔ | ✔ | ✔ |
| Traded Assets | 170+ Currency Pairs, CFDs, Indices, Metals, Commodities and Stocks | 170+ Currency Pairs, CFDs, Indices, Metals, Commodities and Stocks | 170+ Currency Pairs, CFDs, Indices, Metals, Commodities and Stocks | 170+ Currency Pairs, CFDs, Indices, Metals, Commodities and Stocks |
| Education | Educational materials & daily analysis | Educational materials & daily analysis | Educational materials & daily analysis | Educational materials & daily analysis |
| Account Currency | USD or EUR or GBP | USD or EUR or GBP | USD or EUR or GBP | USD or EUR or GBP |
| Stop Out Level | 50% | 50% | 50% | 5% |
| Mobile App | ✔ | ✔ | ✔ | ✔ |
| Web Trader | ✔ | ✔ | ✔ | ✔ |
Free demo account: available
TradeFW provides you with more than just a platform. Look forward to a great trading experience, with access to customer support agents and 24/5 dedicated account managers. Choose the account type that fits you the best, see all account types and a comparison table below.
TradeFW Review : Trading Platforms
METATRADER 4 DESKTOP, MOBILE AND WEB
Trade using the world’s most popular trading platform MetaTrader 4. Its feature rich environment and trading trading ability will allow you to trade like a seasoned veteran. MetaTrader 4 has grown from a trading platform to a global community. The TradeFW MT4 platform allows traders to access the forex, indices, commodities & equities on global markets, all though the intuitive and feature-rich desktop application.
Features of TradeFX Metatrader 4
- Intuitive charting package
- One-click trading
- Analysis tools
- Ability to download and use Expert Advisors (EAs)
- 85 pre-installed indicators
- Build and customize your own technical analysis indicators
- Order execution capabilities
- Multiple order types
- Navigator Window
- Multiple chart setups
TradeFW Features and Trading Conditions
Instruments: 40 forex pairs, CFDs on indices, spot metals, commodities and crypto currency
Cryptocurrency: yes, including Bitcoin and Ethereum
Leverage of up to 1:30
Spreads starting from 3.2 pips with the ECN standard account and 1.7 pips with the ECN VIP
TradeFW Review : Payment Options for Deposits and Withdrawals
You can withdraw all your funds whenever you wish in accordance with your trading account’s base currency however, if you wish to withdraw funds in a different currency you will bear all the costs/charges involved. Withdrawal requests are processed within 24 hours unless additional documents or information are required. However please note, that depending on your selected withdrawal method, the time taken for the funds to be transferred will depend on your payment method.
Payment options: Bank wire, Credit/Debit Card. Unfortunately other e-wallets like Skrill, Neteller and PayPal are not available at the time of the review
Minimum deposit requirement: $250
There are no charges or fees for deposits. However please note that your bank may impose transfer fees therefore you will be credited the exact amount received by our bank. Please make sure that your deposit amount includes all the additional bank charges, if any.
How was the rating of TradeFW performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on TradeFW FX broker performance and features.
Overall our online TradeFW review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online TradeFW or you find inaccurate details TradeFW broker review please get in touch with us and the changes will be applied.
