Pros, Cons, and Key Features
Introduction to TradeEU
TradeEU is a new-age specialized CFD trading platform that allows traders to access 250+ underlying assets across all major financial markets, including forex, indices, metals, commodities, cryptocurrencies, and stocks.
It is operated by Titanedge Securities Ltd., a Cyprus Securities and Exchange Commission (CySEC) regulated company which has its registered office at 4 Spyrou Kyprianou, Papavassiliou Court, 3rd Floor, Office 301, 4001 Mesa Yeitonia, Limassol, Cyprus.
Titanedge’s regulated status allows TradeEU to offer European customers, a highly personalized user-friendly trading experience. However, the platform is restricted from use in the U.S., Canada, Israel, Iran, and Japan.
Features of TradeEU
TradeEU is accessible from its website TradeEU.com, via its Android and iOS mobile applications, or through MetaTrader 5. The platform has several industry-leading features that make it intuitive for users to navigate. Some of these features include:
Market Indicators
TradeEU has a suite of sophisticated trading tools and indicators. This allows users access to daily market reviews, asset analysis, and other features which make it suitable for both novices and seasoned pros.
Leverage trading
The maximum leverage available on each account type is 1:30. However, this is a bit low when compared to the industry standard.
Low fee structure
Tradeeu.com is very straightforward when it comes to trading fees. There are no deposit or withdrawal fees. The broker also claims to be commission free, hence there are no hidden commission fees. Spread fees are also very reasonable, and they range depending on the account type.
However, keep in mind that if you don’t trade for 60 days, you’ll be charged an inactivity fee. There is also an overnight fee, but this is to be expected from most brokers.
Multiple account types
Tradeeu.com offers a demo account and three types of real trading accounts, each with different spreads, features, and perks.
The Silver account is the most basic and provides access to the Tradeeu.com markets with spreads starting from as low as 2.5 pips.
Next is the Gold account with spreads starting from as low as 1.3 pips. This account is more suitable for experienced traders and it comes with an account manager.
Finally, there’s the Platinum account with spreads starting from as low as 0.7 pip. This low spread makes it more suitable for professional and active traders.
250+ trading instruments
Tradeeu.com offers a wide range of over 250 trading assets. From forex, cryptocurrency, indices, and metals, you can find just about anything here.
Economic Calendar
TradeEU also has an Economic Calendar feature which is highly sought after by experienced traders. Economic calendars allow traders to study broad market trends that may affect the value of a wide range of financial instruments. The tool is useful for developing a trading strategy by concentrating market volatility around economic occurrences.
24/5 dedicated customer support knowledge center
The platform offers rich educational and learning support as well as multilingual customer support 24 hours a day five days in a week.
How to use TradeEU
Signing up to TradeEU
Creating a TradeEU account is quite straightforward to do. Visit Tradeeu.com and click on “Open an Account” to register. Next, fill in your name, email, and phone number and click continue.
An activation link is then sent to the provided email. Click the link in the email activates the account in no time and allows you to proceed to provide Know Your Customer (KYC) details to unlock more features of the platform.
Notably, providing KYC is an extra layer of security that TradeEU offers. You will need to upload a clear scanned copy of government-issued documents for verification of identity.
Once your identity has been validated, you can deposit to start trading with Silver, Gold, Platinum, or units virtual account.
TradeEU Payment Methods for Deposits and Withdrawals
TradeEU supports several payment methods for funding and withdrawals. Debit/credit cards, bank transfers, SWIFT, and other forms of electronic money transfer are accepted as funding and withdrawal from several payment service providers including Visa, Mastercard, Maestro, SEPA, and SWIFT.
There are no deposit or withdrawal fees, although you have to keep in mind conversion charges and banking fees. The minimum deposit amount is €250. Meanwhile, withdrawals may take up to three days.
Trading CFDs on TradeEU
Placing a trade order with your funded or demo account is straightforward on TradeEU. Once signed up, you can search or select the desired investment instrument and place either a buy or sell order.
Pros and cons of TradeEU
TradeEU has several competitive advantages as well as downsides. These include:
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Pros of TradeEU
- Access to over 250 CFDs assets: TradeEU offers trading of multiple over 250 assets including over 10 indices (among which are FTSE, CAC, NK, and S&P 500), popular stocks and commodities, and cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and XRP.
- Safety of data and privacy: The platform focuses on client privacy, data safety, and fund security by implementing measures like strict firewalls and secure sockets layer software, keeping clients’ funds in first-class, trusted, and global banking institutions, and insurance through ICF.
- Suitable for all kinds of traders:TradeEU’s intuitive user interface on both its web platform and mobile applications is easy to use for novices and veteran CFD traders alike.
- Available on trading services: TradeEU can be accessed from third-party trading services such as MetaTrader 5 (MT5).
Cons of TradeEU
- Inactivity fee: TradeEU charges an inactivity fee for accounts that do not trade for over 60 days. This is however common among other CFD trading platforms.
- No 24/7 trading: TradeEU does not offer 24/7 trading. It is bound to operate only during traditional market trading hours, i.e., Monday to Friday.
Overall
Tradeeu.com is a sophisticated and regulated trading broker. Their customer service is responsive and helpful, and they offer a variety of educational resources to help users get started.
However, investors should not forget that CFD trading is highly risky and is a complex instrument. CFD trading is fast-moving and requires close monitoring. TradeEU warns that 74-89% of retail investor accounts lose money when trading CFDs on its platform.
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