Tradovate Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-02-01 15:56

Abstract：Tradovate was registered in the US in 2014, offering trading on futures and options on Tradovate platform with a minimum deposit requirement of $0. It provides various contact channels for customer support, but now it holds a suspicious clone license, which means potential risks cannot be ignored.

TradovateReview Summary
Founded	2014
Registered Country/Region	United States
Regulation	NFA (Suspicious Clone)
Market Instruments	futures and options
Demo Account	✅
Leverage	/
Spread	/
Trading Platform	Tradovate platform
Minimum Deposit	$0
Customer Support	Live chat, 24/5 customer support
	Contact form
	Tel: +1 (844) 283-3100; +1 (312) 283-3100
	Email: support@tradovate.com
	Facebook, X, YouTube, LinkedIn, Twitter
Regional Restrictions	/

Tradovate Information

　　Tradovate was registered in the US in 2014, offering trading on futures and options on Tradovate platform with a minimum deposit requirement of $0. It provides various contact channels for customer support, but now it holds a suspicious clone license, which means potential risks cannot be ignored.

Pros and Cons

Pros	Cons
Demo accounts offered	Suspicious clone license
Various contact channels	Limited trading products
Live chat support	Commission fees charged
Low minimum deposit of $0	Lack of deposit and withdrawal details

Is Tradovate Legit?

Regulator	Current Status	Regulated Country	Regulated Entity	License Type	License No.
National Futures Association (NFA)	Suspicious Clone	United States	Tradovate Holdings, LLC	Common Financial Service License	0485810

What Can I Trade on Tradovate?

　　Tradovate offers trading on futures and options.

Tradable Instruments	Supported
Futures	✔
Options	✔
Bonds	❌
Stocks	❌
Commodities	❌
Cryptos	❌
Forex	❌
Indices	❌
ETFs	❌

Account Type

　　Tradovate offers Free accounts, Monthly accounts and Lifetime accounts. Besides, it also offers demo accounts.

Account Type	Minimum Deposit
Free	$0
Monthly	$0
Lifetime	$0

Leverage

　　Tradovate has not clearly provided the leverage it offers. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Tradovate Fees

Account Type	Micro Commission	Standard Commission	Monthly fees
Free	$0.35	$1.29	$0
Monthly	$0.25	$0.99	$99 per month
Lifetime	$0.09	$0.59	$1,499 one-time payment or 4 installments of $499