Tradu

Overview of Tradu

Tradu is a UK-based trading platform founded in 2023, offering a robust selection of financial instruments including forex, global and US-listed stocks, indices, commodities, and cryptocurrencies.

Regulated by CYSEC and the FSA, it ensures compliance with industry standards. The platform operates on Tradu APP, providing fast trade execution and competitive spreads. Tradu imposes no deposit fees and supports various payment methods. It offers account types for both individual and professional traders, with a minimum deposit requirement of 50 CCY.

Educational resources in its Knowledge Centre equip users with insights into trading strategies across various asset classes.

Regulatory Status

Tradu operates under multiple regulatory frameworks across different jurisdictions.

It holds a Cyprus Securities and Exchange Commission (CYSEC) license with the number 392/20, authorizing it for Market Making (MM) activities within Cyprus, ensuring compliance with stringent EU financial regulations and offering robust protection for traders.

Additionally, Tradu possesses a retail forex license from the Financial Services Authority (FSA) of Seychelles, under license number SD147, which regulates its activities as an offshore entity.

However, the platform is also associated with an Australian Securities and Investments Commission (ASIC) entry marked as a suspicious clone for Market Making (MM) activities, casting a shadow on its operations in Australia.

Pros and Cons

Pros:

• Wide Range of Assets (10,000+ options): Tradu offers a vast selection of assets for trading, exceeding 10,000 options. This includes over 40 forex pairs, 8,000 listed US stocks, 3,000 global stocks, 100+ commodities, and 15 global indices. Such diversity allows traders to build diversified portfolios and explore various markets.
• No-Commission Fees: Tradu does not charge commission fees on trades for certain asset classes, such as over 3,000 global stocks. This fee structure can significantly reduce trading costs, especially for frequent traders and those trading larger volumes.
• No Deposit Fees: Tradu does not impose fees for depositing funds into trading accounts, regardless of the payment method chosen. This policy provides cost-effective flexibility for users to manage their funds without additional charges.
• Multiple Payment Methods Supported: Tradu supports various payment methods for deposits, including Credit or Debit cards, Skrill, Neteller, and Bank Wire. This wide range of options allows users to choose the most convenient and suitable method for funding their accounts.
• Regulated by CYSEC and FSA: Tradu is regulated by the Cyprus Securities and Exchange Commission (CYSEC) and the Financial Services Authority (FSA). This regulatory oversight ensures that the platform adheres to established standards and practices, providing a level of security and trust for traders.

Cons:

• Limited Leverage Options for Cryptos (1:4): Cryptocurrency trading on Tradu is limited to a maximum leverage of 1:4. It is lower compared to other platforms that offer higher leverage options for cryptocurrencies, which can limit potential profit margins.

Market Instruments

Tradu provides a broad spectrum of trading assets, covering major financial markets, enabling traders to engage in a variety of investment strategies.

Stocks: The platform features a selection of prominent U.S. equities, including companies such as Google (Alphabet Class C), Microsoft, Netflix, Zoom, and NVIDIA. Additionally, it lists stocks from other regions, including BP and AstraZeneca from the UK, and BHP Group from Australia. This variety allows traders to access and trade in leading global companies across different industries and geographical locations.

Crypto: In the cryptocurrency market, Tradu offers trading options for leading digital assets like Bitcoin (BTC/USD), Ethereum (ETH/USD), Litecoin (LTC/USD), Bitcoin Cash (BCH/USD), and EOS/USD. These assets are known for their high volatility and potential for significant returns, providing opportunities for those looking to engage in the fast-paced world of cryptocurrency trading.

Indices: Tradu includes major indices such as the S&P 500, NASDAQ, and Dow Jones Industrial Average. Trading indices offers exposure to the performance of entire market sectors, allowing for diversified investments without the need to pick individual stocks.

Commodities: The platform also supports trading in commodities like gold, silver, and crude oil. These assets are often seen as hedges against inflation and economic uncertainty, offering a different risk profile compared to equities and cryptocurrencies.

Forex: In the foreign exchange (Forex) market, Tradu facilitates trading in popular currency pairs, including EUR/USD, GBP/USD, and USD/JPY. Forex trading provides opportunities to profit from fluctuations in currency exchange rates, influenced by global economic and geopolitical events.

How to Open an Account？

1. Visit the Tradu Website:

• Go to Tradus official website.
• Locate and click the “START TRADING” button, usually found on the homepage.

1. Fill Out the Registration Form:

• Enter your personal details, including your full name, email address, phone number, and country of residence.
• Create a strong password for your account.
• Agree to the terms and conditions, and click “Register” or “Next”.

1. Verify Your Identity:

• Upload a clear copy of your government-issued ID (passport, drivers license, or national ID card).
• Provide proof of address, such as a utility bill or bank statement issued within the last three months.
• Wait for the verification process to complete, which typically takes a few hours to a couple of days.

1. Fund Your Account:

• Navigate to the “Deposit” section of your account.
• Select your preferred funding method (credit/debit card, bank transfer, or other supported methods).
• Enter the amount you wish to deposit and complete the transaction following the on-screen instructions.

1. Start Trading:

• Once your account is funded, go to the trading platform section.
• Download and install any required trading software or access the web-based platform.
• Log in to the trading platform, and you are now ready to start trading various financial instruments on Tradu.

Leverage

Tradu offers varying leverage options across different asset classes.

For forex, indices, and commodities, leverage can reach up to 1:400 for accounts with equity under $50,000, and 1:200 for those above.

Shares are leveraged up to 1:20 (or 1:10 for larger equity).

Cryptocurrencies have a maximum leverage of 1:4 regardless of account equity.

Spreads & Commissions

Tradu offers competitive and transparent pricing across its asset classes, making it a viable choice for traders seeking clarity in costs.

Crypto: For cryptocurrency trading, Tradu provides two pricing models. The no-commission option includes a small markup on the spread, allowing for straightforward cost calculation. Alternatively, traders can select the RAW spread model, which offers tighter spreads and charges a minimal commission.

Additionally, traders benefit from instant rebates, receiving 0.05% back on orders over $20,000 and 0.02% back on orders exceeding $5,000. This structure incentivizes larger trades by reducing overall costs.

Stocks: When trading U.S. equities like Apple and other major shares, Tradu charges $0.01 per share, with a minimum commission of $1 per trade.

Tradu also charges zero commissions on leveraged products.

Trading Platform

The Tradu trading platform, known as the Tradu APP, offers a versatile environment for engaging in multi-asset trading and investing. Designed with the input of industry veterans with over two decades of experience, it supports a wide array of financial instruments, allowing users to trade and invest in various markets through a single, integrated platform.

Key Features of Tradu APP:

1. Innovative Trading Tools:

• The economic calendar helps users track and anticipate market-moving events.
• The stock screener and analyst research tools provide actionable insights, aiding in informed decision-making.
• Users can create customizable watchlists for quick access to preferred trading products.
• Real-time economic and stock market news updates keep traders informed of market conditions.
• The platform offers more than 100 technical indicators and 37 drawing tools to analyze and identify market trends effectively.

1. High-Performance Execution:

• Trades are executed swiftly, within 18 milliseconds, ensuring minimal latency and better market entry and exit points.

Deposit & Withdrawal

Tradu supports a variety of payment methods for deposits, including Credit or Debit cards, Skrill, Neteller, and Bank Wire. Users can conveniently manage their funds through these widely used options, ensuring flexibility in funding their accounts.

For initial deposits, the minimum to open an Individual account at Tradu is 50 CCY (Currency of Choice). Subsequent deposits using Credit or Debit cards also require a minimum of 50 CCY. However, deposits made via Wire Transfer do not have a minimum requirement, offering additional flexibility for users.

Tradu does not charge fees for deposits, regardless of the funding method chosen. This fee-free policy ensures that users can efficiently add funds to their trading accounts without incurring additional costs.

Educational Resources

Tradu offers a Knowledge Centre designed to enhance traders' understanding and skills across various asset classes. Users can explore detailed guides on trading and investing in stocks, such as “How To Trade Stocks” and “Stock Day Trading.” For those interested in indices, resources like “Different Index Trading Strategies” and “How to Trade Indices” provide valuable insights.

Customer Support

Tradu provides customer support through various channels, ensuring accessible assistance for users.

For general inquiries, contact them at +44 1514 535000 or via email at info@tradu.com. For cryptocurrency-related queries, reach out directly at +44 1514 530352.

Conclusion

In conclusion, Tradu emerges as a promising trading platform for both novice and experienced traders alike.

With its extensive range of financial instruments including forex, stocks, indices, commodities, and cryptocurrencies, coupled with robust regulatory oversight from CYSEC and the FSA, Tradu prioritizes security and reliability.

The platform's user-friendly Tradu APP facilitates efficient trade execution with competitive spreads, no deposit fees and multiple payment options.

For traders seeking a comprehensive trading experience bolstered by educational resources and various asset choices, Tradu stands out as a reliable option in the competitive landscape of online trading platforms.

FAQ

What financial instruments are available for trading on Tradu？

Tradu provides access to a wide array of financial instruments, including forex, global and US-listed stocks, indices, commodities, and cryptocurrencies.

How can one deposit funds into a Tradu account？

Deposits can be made via Credit/Debit cards, Skrill, Neteller, or Bank Wire transfers, with no fees charged for deposits.

What is the minimum deposit required to open a Tradu account？

A minimum deposit of 50 CCY (Currency of Choice) is required to open an account on Tradu.

Is Tradu regulated by financial authorities？

Yes, Tradu operates under the regulatory oversight of CYSEC (Cyprus Securities and Exchange Commission) and the FSA (Financial Services Authority, UK).

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.