Trade - Trade.com

[Fisharet]

Regulation is of course very good, but what about payments, are the brokers making a normal profit, are there any delays or some other problems?

 

[Spellweaver]

Regulation is of course very good, but what about payments, are the brokers making a normal profit, are there any delays or some other problems?

This is what we are all trying to figure out here. However, what's good about CySEC regulation is that it accepts the responsibility for broker's screw-ups. They compensate up to 20K if CYSEC-regulated broker refuses to do the withdrawal or smth like that.

I tried hard but I see no difference in what you described with CFDs. With CFDs you don't own the asset as well. Rest seems same too. And I still think all this fuss with day trading is too tiring.

Yeap, sorry. I forgot to mention with spread-betting there is always some expiration time for your trade. This is the main difference with CFDs. I am not sure myself which one to prefer (CFD or SB) and I definitely have a different opinion on day trading. Yeap it is tiring, but so exciting as well! And it helps you to become more patient, calm and reasonable. You either develop these traits of character or lose. Very motivating!

 

[Hulas]

Regulation is of course very good, but what about payments, are the brokers making a normal profit, are there any delays or some other problems?

When I worked here, slippages were minimal on CFDs. Requotes were inevitable, but very reasonable, so if you are looking for a reliable brokerage Trade.com can definitely be a candidate to consider. Moreover they’ve got DMA now, so this can also help with requotes and slippages. They should have even better executions here.

 

[Morlugamand]

This is very unfortunate, that in order to find out whether the brokerage has got good executions or not, you have to fund the account. No demo can guarantee executions will be same on live trading account. I’ve been there so many times! Exploring the brokerage, reading the promises, evaluating trading conditions, then demo trial – all good. But once you make a deposit and start trading real money - boom, they screw u with all these delays and requotes.

 

[Spellweaver]

True! This is actually why we are all discussing brokers here. Promises on the websites are rarely matching the reality. DMA proposal from Trade.com is rather fascinating in fact. I’d love to give it a try.

 

[Hulas]

Well, I think that extra-smooth executions that never slip nor have requotes - this is a clear sign broker is manipulating charts and keeps all the executions on their internal servers, trying to make you and every other trader go bankrupt instead of sending our orders to the real market and doing business with spreads charges. What’s so fascinating about DMA?

 

[Spellweaver]

Trade.com says they are partners with IB in their DMA program. I wanted to have a look at the platform, but the opportunity is open for registered clients only. I might need to open at least a demo account with Trade.com to satisfy my curiosity.

 

[Morlugamand]

Can anyone please explain what is so good about DMA. I know it stands for direct market access. Please don’t think I didn’t try googling it myself. I simply can’t get the point clearly. Does IB stand for Introducing broker?

 

[Hulas]

No, introducing broker is a different thing. It normally stands for an intermediary between broker and the final customer. IB in this sense takes care of all the interactions with the individual trader, but leaves executions and whatever else happens on a trading floor to the real broker. Speaking of Tradecom cooperation with IB, IBN stand for Interactive brokers, which is one of the most famous brokers in the world dealing with all types of markets throughout the world.

 

[musisi]

The brokerage I used to trade with for a little while has now offered some new programs to consider. One of them deals with the pool of investments baskets with various proportion of conservative and alternative assets. The company assures they've worked hard on forming these baskets and some company named Deloitte is responsible for verifying these investments and monthly returns on them. I know Trade.com as a licensed brokerage, but have no idea whether Deloitte auditor can be held responsible is something goes wrong with these investments. What exactly do you think there role is in this relationship between brokerage and a retail investor? Thank you for your opinions!

That great friend to share it with us here on the forum, am just grateful read this article but if I take you through how. I join the company of roy club which is community best that supports all kinds of people when they are to achieve their shorts period of time or when they have long termed goals. This involes like if some want to buy like a property in any place.