Tradeo Review for Social Trading

Tradeo Review Social Trading

Company Information

300x250 new sheriff en 08.10.2014This Tradeo review hopes to outline everything that they offer for new and advanced traders
Tradeo is a social trading application that allows you to chat with other traders, tap into community sentiment, Receive and execute signals and see and quickly adopt the strategies of leading traders. It claims to be committed to revolutionising the financial trading experience. 

Tradeo offers FX spreads, indices, commodities and CFDs

Tradeo.com is operated by FXGlobe Ltd and is a fully licensed Investment Services Company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC)

 

Spreads and Leverage

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Leverage up to 1:200 for Forex

Summary of Spreads

EUR/USD 2.9

GBP/USD 4.1

USD/JPY 3.6

AUD/USD 3.5

NZD/USD 4.5

GBP/JPY 4.9

GBP/CHF 7

USD/CHF 4.3

USD/CAD 4.1

EUR/GBP 4.2

EUR/AUD 6.1

EUR/CHF 4.2

EUR/JPY 4.5

CAD/JPY 5.4

AUD/NZD 4.9

Promotions and Bonuses

336x280  25 bonus enTradeo offers a Free $25 welcome bonus to everyone that signs up. It takes less than a minute.
A trader will also receive $100 for every friend who funds an account and the friend will get $50 when go on to deposit

 

Customer Services

Contact via Live Chat within the Social Trading Environment, email, telephone contact and full Knowledge Base website

 

Instruments Traded

Access to 100 instruments – Forex, Indices, and commodities

 

Trading Platforms

Tradeo offers a social trading platform where you can search, follow and copy the top traders. Top traders are fully searchable via gain, number of followers or copiers. Alternative you can search and discover top traders according to their experience, trade duration or trading approach. You’ll be able to see all their shared news and transactions.

If you prefer, you can still use MT4 and your Expert Advisors and sync your account

 

Currency

Tradeo supports USD, EUR, GBP and JPY.

 

Tools and Resources

Tradeo provides an economic calendar, market quotes and market news from the main media outlets

 

Deposit and Withdrawals

Minimum deposit is $250 via credit card or wire transfer. There are no deposit fees from Tradeo but your bank may have their own charges.

There is a withdrawal fee of USD 20 / 15 EUR / JPY 2,000 per withdrawal

 

Summary

Tradeo is a full Social Trading Experience with no actual dealing desk. There are no charges for deposits but the minimum deposit is quite high at $250 and there is a withdrawal charge each time you withdraw.

The concept of copy trading is laid out cleverly and the interface is easy to understand. It makes trading simple and takes out the ‘loneliness’ of trading – incorporating community and allowing people of all levels to chat, copy and trade – understanding signals and getting insights into the trading world