Regulatory claims for Trade.com vary by source: alongside its CySEC licence (227/14) above, some sources also cite FCA (UK), FSCA (South Africa), FSC and FINRA coverage, while others map CySEC specifically to "Trade Capital Markets (TCM) Ltd" and a separate Mauritius FSC entity to "Lead Capital Global Ltd" -- the exact regulated entity for any given client's jurisdiction isn't resolved here and should be confirmed directly from the broker's terms. Most significantly: ForexPeaceArmy, a major independent tracker, records 2 "Traders Court guilty votes" against Trade.com (March 2018) and explicitly warns of large numbers of fake and highly suspicious positive reviews submitted for it between 2019 and 2022 -- a credible, named manipulation finding, not just an allegation. Note the separate, similarly-named broker "Trading.com" is a different company, reviewed elsewhere on this site -- search results for "Trade.com" frequently conflate the two.
| Regulated entity | Trade Capital Markets (TCM) Ltd |
|---|---|
| Regulation | CySEC No. 227/14 |
| Other Tier-1 regulators | None confirmed |
| Founded | 2013 |
| Headquarters | Nicosia, Cyprus |
| Minimum deposit | Not independently confirmed |
| Avg. spread (EUR/USD) | Not independently confirmed |
| Platforms | Not independently confirmed |
| Instruments | Described across sources as offering forex (55+ pairs), indices (~26), shares, commodities, ETFs, bonds, and crypto CFDs (10+, described as the weakest category) -- but the total instrument count is wildly inconsistent across sources (ranging from roughly 1,200 to over 100,000), so no reliable total is cited here. |
See TRADE.com's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | One review describes four tiers -- Silver, Gold, Platinum, and Exclusive -- with a "reasonable" entry-level minimum deposit but much larger deposits required for higher tiers; a separate source cites commissions from 0.08% on the Exclusive tier and a DMA option alongside no ECN account. Minimum deposit reported as $100 by one source. Note: this account structure is specific to Trade.com and should not be confused with the similarly-named Trading.com, a separate broker reviewed elsewhere on this site. |
|---|---|
| Execution model | Sources disagree: one describes it as non-dealing-desk, required to seek best execution; another lists it as a Market Maker registered with the NFA (US). A secondhand forum post (unverified) describes a separate DMA tier for professional traders requiring a much higher minimum alongside a regular ECN-style account from $100. This is not resolved to a single answer here. |
| Withdrawals & deposits | No current fee schedule was found. Historical (2017-era) ForexPeaceArmy forum complaints describe accounts being suspended or frozen immediately after a withdrawal request, support going silent, and the broker invoking a "Market Abuse and Prohibitive Trading Techniques" clause to justify freezes. Importantly, ForexPeaceArmy's own listing records 2 "FPA Traders Court guilty votes" from March 2018 and explicitly warns of large numbers of fake and highly suspicious positive reviews submitted for Trade.com between 2019 and 2022, advising "extreme caution." This is a credible, named tracker's own guilty finding and review-manipulation warning, not just an unverified forum post. |
| Overnight financing (swap) | Confirmed to exist as a cost category per one independent review; no specific swap rates were found. |
| Currency conversion cost | Not independently confirmed in our research -- check the broker's own site or contact support directly. |
| Inactivity fee | One review cites $25 after 90 days of inactivity, rising by a further $100 after a full year of inactivity -- a specific and fairly aggressive figure, though from a single source and not cross-confirmed. |
| Customer service | No independent, dated quality commentary was found beyond the historical ForexPeaceArmy complaints above about support going unresponsive after withdrawal requests. |
| Mobile experience | Described by one review as an MT4-based mobile platform offering "an almost similar experience as desktop... with a few limitations," with availability said to depend on local trading policy/jurisdiction. No App Store/Google Play rating was found. |
| Educational offering | Not independently confirmed in our research -- check the broker's own site or contact support directly. |
See how TRADE.com's spread cost compares across every researched broker → · Forex broker fees explained
Is TRADE.com regulated?
Yes -- CySEC No. 227/14. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if TRADE.com fails?
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
What is the minimum deposit at TRADE.com?
Not independently confirmed in our research -- verify directly with the broker.
What trading platforms does TRADE.com offer?
Not independently confirmed in our research -- verify directly with the broker.
What is TRADE.com's average spread on EUR/USD?
Not independently confirmed in our research -- verify directly with the broker.
When was TRADE.com founded?
TRADE.com was founded in 2013.
How is TRADE.com's overall score calculated?
TRADE.com currently scores 2.24/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
Publicly listed on Nasdaq (IBKR) and an S&P 500 constituent, Interactive Brokers is one of the largest electronic brokers globally by client equity, with access to 150+ markets worldwide. Founder Thomas Peterffy remains Chairman. Widely regarded as a low-controversy, Category-A-regulator-only broker relative to CFD-focused peers.
ThinkMarkets is a dual-headquartered (Melbourne/London) group founded in 2010 by brothers Nauman and Faizan Anees, in which each of its major-jurisdiction licences (FCA, ASIC, FSCA, DFSA, FMA) sits in a different legal entity from its CySEC-licensed European arm.