Our trust rating takes into account a range of factors that influence a brokers reliability and reputation, These factors include how the broker is regulated, whether they use segregated bank accounts, their years in business, banking tiers, customer support offered, and much more.
Since its foundation in 2011, Tradeo is quickly becoming a popular broker providing trading services for Forex, Stocks, CFDs, Commodities, and Indices. Copy trading via their social trading platform is one of the key features that traders might find very valuable. Mobile trading platforms and the well known Metatrader 4/5 are also supported.
Clients can make no fee deposits via Bank transfer, Visa/Mastercard or Skrill, for withdrawals, however, a small fee applies. The broker offers a solid 1:200 leverage and you can trade micro lots with very small margin requirements. Tradeo’s headquarters are located in Limassol, Cyprus, and they are regulated by CySEC. Supported languages include English, Russian, German, Italian, Spanish, Chinese, Portuguese and French.
Forex, CFDs, Copy Trading
Trade Forex, Stocks, CFDs, Commodities, and Indices
US, Marroco, Algeria, Tunisia, Iran
MetaTrader 4, Social WebPlatform, Expert Advisors, Mobile
Apple - Yes, Android - No
Traders who take positions less frequently will like Tradeo because they don’t charge an inactivity fee, no matter how long you don’t open a position, and they don’t charge a commission for their brokerage services either. Furthermore, this broker guarantees that your stop loss and limit orders will be executed at the exact price that you want, no matter the market conditions at the moment. Trailing stops can easily be placed also and one click trading is possible through their platforms. They will also send you alerts if the price reaches a certain level you’ve specified and they will also provide trading signals to you. Hedging positions are allowed as well. And, if you are into automated systems then this might be just the broker for you, as the use of expert advisors is allowed and they provide the possibility of automated trading.
However, if you want to use a virtual private server, then note that this option is not currently available with this broker. And, although they do straight through processing of their client’s positions, Tradeo is not an ECN broker and does not offer direct market access (DMA). Also, no deposit bonus is offered to clients, but rather only a referral bonus is available at the moment. There is no possibility to open a swap-free Islamic account for Muslim clients.