Trade99 Review

Trade99 is an online brokerage firm allowing traders to trade in multiple assets. Trade99 is a firm owned by ‘Nohelious International Marketing Operations’ which is situated in the Dominican Republic. Trade99 was started in 2019 with an aim to offer an extraordinary trading experience to the traders. Trade99 offers exceptional customer support along with advanced trading platform with lots of analytical tools.

Pros:

  1. Multiple accounts
  2. Secured transactions

Cons:

  1. Limited payment mode support

Reliability – Trade99 has recently been given the status of ‘A category’ online broker by the Financial Commission. As a member of Financial Commission, there comes a lot of benefits and protection. For every submitted complaint, there is a provision of 20,000 Euros which is supported by the compensation fund of the Financial Commission. Financial Commission also offers an unbiased mediation to the parties having conflict. Financial Commission allows the quicker and swifter resolution of the disputes when compared to the conventional regulatory channels.

The firm is also reliable because it strictly complies with the KYC and AML norms. This prevents the acts of money laundering and also discourages the people from starting illegal trading.

Trading platform – The trading platform offered by Trade99 is unique in the sense because it offers multiple analysis tools which are needed by both seasoned and novice traders to start lucrative trading. Trade99 supports MetaTrader5 trading platform which is already popular among the traders due to its impressive features like copy trading and automatic trading. The online broker offers a mobile app supported by android and iOS which is good for the traders who are always on the go. The app allows the traders to start trading whenever and wherever they like.

Safety – All the transactions are safeguarded via encryption to ensure that the personal and financial data is safe from unwanted elements. Once a trader has opened an account, depositing funds and starting trading for him get very easy.

Education – Along with so many impressive features, Trade99 also offers many educational materials to train the novice traders. The educational page of the website is loaded with knowledgeable articles and good trading tips. The educational material also has many articles on leveraged trading which traders can learn and apply while trading. The tips given on the website is not only good for beginners but also for the experienced traders. Anyone on the website can learn the trading strategies and can take advantage of them.

Commissions and spreads – Trade99 charges competitive commissions on the trades. The fees charged by the firm are deposit fees, withdrawal fees and transaction fees. Trade99 supports limited payment options like bank wire transfer, debit/credit card, and Bitcoin. However, it doesn’t support the wallets like Neteller, Skrill etc.

The minimum deposit amount to open an account with Trade99 is $250, which is very less when compared to its competitors.

Tradable assets– Trade99 offers over 190 tradable assets to its traders, and they can pick any assets they like to start trading. The 190 tradable assets include CFDs, commodities, cryptos, precious metal and Forex.

Customer support – One of the best things about Trade99 is its exceptional customer support. One can contact the support team of Trade99 via live chat, email, social media or direct call. There is a separate FAQ section on the website which offers the answers to the common trading questions.

With the uncertain financial market, trading in assets has become difficult than ever. Trade99 being a modern trading platform, has opened all the ways of lucrative trading for its traders. With the advanced trading platform and right market analytical tools, trader can boost their chance of making profit through trading. Due to availability of huge assets on Trade99, a trader is free to pick the asset of his choice and invest in it as and when he likes. In a nutshell, we can say that Trade99 has the potential to change the traditional way of trading by introducing new and modern trading tools.