A vital aspect of choosing your forex broker for trading when entering the industry is regulation. This regulation is key to establishing trust between the broker and traders. Considered by many to be the best forex platform, TradeFW is regulated by CySEC. This is one of the most respected regulatory bodies in the forex and financial world and is widely thought of as essential when it comes to establishing a significant trading broker. TradeFW has maintained full compliance with the strictest of regulation imposed by CySEC and succeeded in gaining the trust of traders around the EU thanks to this transparent approach and other features which the broker offers.
Opening a TradeFW Account
Opening a TradeFW account could not be easier. They offer two primary account types when establishing an open live account. These are ECN Standard and ECN VIP. These provide the lowest possible spreads from 1.7 pips on major pairs. This is comparable with the best trading broker in the sector. Opening an account with this regulated broker requires a minimum deposit of $250 on a standard account and the foreign exchange broker offers highly competitive leverage of up to 1:30 in full compliance with the rules of the regulator.
The broker facilitates a variety of inexpensive options for receiving deposits and withdrawals. These options include all major credit and debit cards, as well as several e-wallet options like Skrill and Neteller. Bank wire transfers are also available commission-free from both inside and outside the EU. Many of these methods allow for an instant deposit, and the EU bank transfers are in compliance with CySEC and covered by the security of SEPA.
The TradeFW forex trading website is user-friendly and easily accessible, with commission-free trading in most markets including forex, metals, energies, commodities, and indices. Forex trading accounts with the broker are available in either Euro or US Dollar currency, and customer service is reliable and available on a 24/5 basis through phone, email, and web-based live chat for any questions or issues which traders may have. This supportive approach makes them a popular choice among major trusted brokers in the industry.
Key Trading Features and Instruments
TradeFW is a Metatrader forex broker. This means they offer various forms of the most reputable forex trading platform provider. These include MT4 for desktop, iOS, and Android, as well as the MT4 web trader. They are some of the most well-known and powerful platforms in the industry, having been around since 2006, have developed a reputation among many as the very best online forex trading software.
TradeFW broker offers a wide range of markets for trading. These include offerings of both major and minor forex pairs, indices, metals, cryptocurrency pairs such as Bitcoin, and energy. This is in addition to CFD broker offerings on a range of the most well-known and popular stocks. With leverage on CFD stocks trading of up to 1:5, this is now a highly attractive option for many traders. Brokers such as TradeFW can rival any traditional stockbroker and also provide a trading platform which is highly efficient and provides the most powerful analytical tools and indicators in the industry. Ethereum and Bitcoin pairing with the US Dollar are also available for trading at a leverage of up to 1:2. This further represents the progressive nature of the broker in offering markets in response to the demand of traders.
Among the areas where the broker excels is offering extensive opportunities for education and self-growth. It is an essential aspect of the career of any forex trader and absolutely enhances their ability to ensure a lucrative career in the sector. TradeFW education covers all aspects of the industry from learning the basic forex trading terminology required for beginners, to showcasing the most popular and effective trading strategies for all levels of the trader, and a host of live forex and CFD webinars to provide complete immersion and guidance to new and experienced traders alike.
These educational options are provided with a view to enhancing the knowledge and skills of traders who use the broker. Ultimately this is another huge benefit which ensures a positive rapport between the broker and traders. This is yet another vital element of success for any major broker in the forex industry.
Overall, as a currency broker in the industry, TradeFW lives by its positive reputation and a vital trust which is instantly established by their accredited compliance with a major regulatory body. This compliance allows traders to establish accounts with TradeFW and trade in comfort and security. They have built a strong reputation for being the best broker for trading in a range of diverse markets and CFDs. This would not be possible without the vital regulation and transparency which first attracts traders.