| Pros | Cons |
| More than 250 trading instruments, including: Forex, Indices, Commodities, Cryptocurrencies and stocks as CFDs | No live chat option yet |
| Multi account types offered: Silver, Gold and Platinum | |
| Regulated by CySEC | |
| No deposit and withdrawal fees | |
| Access to MetaTrader 5 | |
| Professional 24/5 customer support |
Account Setup
Account opening with TradeEU is fast, user-friendly and fully digital. Deposits and withdrawals are free of charge and instant using most methods.
Demo account
TradeEU offers demo accounts for free to enable its customers to get familiar with using the MetaTrader 5 platform without the risk of losing money. The demo account helps traders develop and test their strategies.
Live accounts
Traders have different preferences. To meet the needs of different traders, TradeEU offers various account types.
There are 3 account types to choose from. Each type has its own features and characteristics. However, there’s also a lot in common among the three.
| Account type | Silver account | Gold account | Platinum account |
| Platform | MetaTrader 5 | MetaTrader 5 | MetaTrader 5 |
| Supports Expert Advisors | Yes | Yes | Yes |
| Hedging | Allowed | Allowed | Allowed |
| Stop Out Level | 50% | 50% | 50% |
| Spread | Tight spreads – starts from as low as 2.5 pips | Tight spreads – starts from as low as 1.3 pips | Tight spreads – starts from as low as 0.7 pips |
| Account Manager | No | Yes | Yes |
| Account Currency | EUR | EUR | EUR |
| Commission | No | No | No |
| Mobile and Web trading | Yes | Yes | Yes |
| Available Leverage | 30:1 | 30:1 | 30:1 |
| Min. volume size | 0.01 | 0.01 | 0.01 |
| Trading instruments | 250+ Currency Pairs, CFDs, Indices, Metals, Commodities and Stocks | 250+ Currency Pairs, CFDs, Indices, Metals, Commodities and Stocks | 250+ Currency Pairs, CFDs, Indices, Metals, Commodities and Stocks |
Platform Features & Usability
TradeEU provides access to the world’s best multi-asset trading platform – MetaTrader 5. The MT5 was released in 2010 and its interface hasn’t changed much. However, the platform remains dominant in the modern world of trading due to its ability to perform trades reliably.
The MT 5 is available across all trading accounts of TradeEU: Silver, Gold, Platinum. The platform enables traders to automate their trading using robots. MetaTrader algorithms are referred to as Expert Advisors (EAs). The EAs are accessible in the Meta Market.
There is a mobile trading option for those who like to keep connected with the market from anywhere in the world where there’s internet connection and electricity. The mobile app can be installed on both, apple and android devices. Mobile and web trading apps are a great supporting apps that come handy in the emergency situations such as power outages, unreliable connection internet on your pc, etc.
Fees
Trading fees with this broker are low. Considering the fact that there are no commissions or deposits and withdrawal fees, and spread markups are small.
Each account type has a different fee structure. Spreads on Silver account starts from as low as 2.5 pips. On Gold account, spread markups start from as low as 1.3 pips. On Platinum account, spreads start from as low as 0.7 pips.
The spread markups are the fees brokers charge for providing financial services. In live trading environment, spreads can be higher due to market activity. A spread is a difference between a bid and an ask price. When there’s low liquidity, spreads naturally increase.
Traders & Social Community
The broker is focused on European markets. Account base currency is Euro, the company is regulated by the European CySEC. It’s worth mentioning that the financial services of TradeEU is not available for the residents of the United States, Canada, Israel, Iran, and Japan.
The broker also offers various partnership services, including:
- CPA
- Revenue share
- Dynamic CPA
- Master affiliate
- Hybrid
Risk Management
When it comes to risk management, TradeEU makes sure that traders get appropriate leverage. Available leverage with this broker is up to 30:1 for retail clients. Leverage is a double-edged sword. And inexperienced traders tend to make single trades too significant by increasing their position size, and that often leads to blown up trading accounts. Low leverage helps both professional and novice traders manage their risks and emotions better.
The broker increases its safety and security by offering negative balance protection. In addition, TradeEU is a part of traders’ compensation scheme and keeps clients’ funds in segregated accounts.
Support
Professional and well-trained customer support is the backbone of every successful, service oriented business. TradeEU offers superb customer service available 24/5 via email and mobile pone. The CS offices are located in Cyprus.
Funds Withdrawal
Deposits and withdrawals can be done via Debit/Credit cards and Bank transfers. It’s important to note that you can withdraw the funds by using the same method you used for the deposit. For instance, if you used a Debit Card to deposit 500 Euros, the same method needs to be used for withdrawing the 500 EUR. Profits can be withdrawn using Bank wire.
Deposits and withdrawals are free of charge. The withdrawals for Credit/Debit cards are instantly processed from the broker’s part, and duration depends on the intermediary bank. Deposits made using Visa, Mastercard and Maestro are instant. Wire transfers take up to 3 business days.