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TradeFW Review

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TradeFW
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General Rating

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1.90/5

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TradeFW is a well-established broker since 2018. TradeFW has a headquarter in Cyprus. TradeFW to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by CySEC 298/16.


Company Information

🌐 Website
www.tradefw.com

Year Established
2018

🌎 Country
Cyprus

💼 Regulation

Features

💰 Bonus offers

🏆 Trading contests

📖 Free education

📁 Segregated accounts

📈 Managed accounts

🗺 Vps

Account Information

Apart from the forex demo account, this broker offers VIP, Standard and Gold. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by TradeFW is up to 1:30. Meanwhile, you can open an account with a starting capital of $250.

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Min Deposit

$250

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Max Leverage

1:30

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Spread

Fixed

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Commission

$10

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $10000

💡 Min Position 0.1 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

💱 Hedging

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

Instruments Traded

Besides lots of currency pair, TradeFW also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks, Indexes, ETF and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for VIP account, TradeFW specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Gold & silver

Gold & silver
1:10

Indexes

Indexes
1:10

Crypto

Crypto
1:2


💲 Min Deposit $250

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

💱 Hedging

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

Instruments Traded

Besides lots of currency pair, TradeFW also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks, Indexes, ETF and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Standard account, TradeFW specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Gold & silver

Gold & silver
1:10

Indexes

Indexes
1:10

Crypto

Crypto
1:2


💲 Min Deposit $3000

💡 Min Position 0.05 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

💱 Hedging

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

Instruments Traded

Besides lots of currency pair, TradeFW also offers some instruments you would like to trade on, such as Forex, Gold & silver, Stocks, Indexes, ETF and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Gold account, TradeFW specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Gold & silver

Gold & silver
1:10

Indexes

Indexes
1:10

Crypto

Crypto
1:2

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

TradeFW also provides payment with Credit/debit cards, paysafecard and SOFORT



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, TradeFW offers you MetaTrader 4.

Customer Support

Do you have any question or find any trouble related to TradeFW? If you do, you should reach TradeFW's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Arabic
English
German
Italian
Russian
Spanish
Swedish

Office Support

Email Support

Call Support

Chat Support



FAQ About TradeFW

Is TradeFW a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if TradeFW is a good broker for you or not by reviewing the criteria. In general, TradeFW provides trading service in Forex , Gold & silver , Stocks , Indexes , ETF and Crypto . As for the payment methods, you can choose between Credit/debit cards, Neteller, PayPal, paysafecard, Skrill, SOFORT and Wire transfer. The customer support is available via Email, Live chat, Office and Phone.


What is the minimum deposit for TradeFW?

The starting capital in TradeFW is $250.


Is TradeFW regulated?

TradeFW is regulated by CySEC 298/16. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is TradeFW legit?

TradeFW is a brokerage company offering trading services for clients since 2018 with offices in Cyprus.