Abstract:TRAZE is a FCA-licensed broker. The tradable instruments with a maximum leverage of 1:2000 include forex, commodities, shares, cryptocurrencies, metals, and indices. The broker also provides two accounts, including STP Trading and ECN Trading. The minimum spread is from 0.2 pips and the minimum deposit is $50. Traders can also access the MT4 trading platform through TRAZE.
TRAZEReview Summary | |
Founded | 2004-07-20 |
Registered Country/Region | Seychelles |
Regulation | Regulate(FCA), General Registration(FSCA) |
Market Instruments | Forex/Commodities/Shares/Cryptocurrencies/Metals/Indices |
Demo Account | ✅ |
Leverage | Up to 1:2000 |
Spread | From 0.2 |
Trading Platform | MT4(iOS/Android/Windows/Mac) |
Min Deposit | $50 |
Customer Support | Email: cs@traze.com |
24-hour hotline: 400-8692-878 | |
Twitter/Facebook/Instagram/LinkedIn |
TRAZE is a FCA-licensed broker. The tradable instruments with a maximum leverage of 1:2000 include forex, commodities, shares, cryptocurrencies, metals, and indices. The broker also provides two accounts, including STP Trading and ECN Trading. The minimum spread is from 0.2 pips and the minimum deposit is $50. Traders can also access the MT4 trading platform through TRAZE.
Pros | Cons |
Regulated | No specific transfer method |
Leverage up to 1:2000 | No specific transfer time and fee information |
24/5 customer support | Unclear swap fee |
Spread as low as 0.2 | |
Demo account available | |
MT4 unavailable |
FSCA regulates TRAZE with license number 48248, but its current status is General Registration. FCA also regulates TRAZE under license number 768451 and the Straight Through Processing(STP) type.
TRAZE offers over 120 market instruments, including forex, commodities, shares, cryptocurrencies, metals, and indices.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Shares | ✔ |
Cryptocurrencies | ✔ |
Metals | ✔ |
Indices | ✔ |
Stocks | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
TRAZE has two account types: STP Trading and ECN Trading. Traders who want low spreads can choose an ECN Trading account, while those with a small budget can open an STP Trading account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
Account Type | STP Trading | ECN Trading |
Minimum Deposit | ≥$50 | ≥$200 |
Minimum FX Spread | 1.3 | From 0.2 |
Maximum Leverage | 1:2000 | 1:2000 |
Standard Lot Contract Units (FX) | 100000 | 100000 |
Stop-Out Level | 30% | 50% |
Minimum Trade Size (Standard Lot) | 0.01 | 0.01 |
Maximum single order in Standard Lots | 30 | 50 |
The spread is from 0.2. The lower the spread, the faster the liquidity.
The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.
TRAZE provides the Traze Mobile Application and the authoritative MT4 trading platform available in iOS, Android, Windows, and Mac. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems. In addition, Copy-Trading Platform can save time customizing trading strategies
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | iOS/Android/Windows/Mac | Junior traders |
Traze Mobile Application | ✔ | Mobile | - |
The minimum deposit is $50. However, transfer processing times, methods, and associated fees are unknown.
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