TradeZero
Overview of “TradeZero” Broker
“TradeZero” is a brokerage firm operating in the United States, providing services through its subsidiary TradeZero America, Inc. catering to U.S. citizens. The main division of the broker is situated in the Bahamas and is licensed by the Securities Commission since 2015, with the license displayed on their website at tradezero.co.
Trading Platforms Offered by “TradeZero”
- ZeroWeb – an online terminal eliminating the need for software downloads,
- ZeroPro – a platform designed for active traders,
- ZeroMobile – a real-time mobile trading application,
- ZeroFree – a browser-based version available for free.
Each platform comes with a complimentary demo account, although it’s worth noting that the demo account data might have a 15-minute delay compared to live trading.
Trading Conditions at “TradeZero”
Traders at “TradeZero” can benefit from leverage up to 1:6 and exclusive features like margin trading access, free limit orders, zero trading commissions, and the option to close short positions. The minimum deposit required is $500, and an affiliate program is in place to reward clients for referrals.
Account Funding and Withdrawal Methods
- Accepted payment methods: Debit and credit cards, PayPal.
Financial transactions are accessible exclusively to registered users, with potential transaction fees outlined in client documents in English.
Final Thoughts on “TradeZero”
Positioned as an American brokerage firm, “TradeZero” boasts stable operations. Nevertheless, it’s crucial to bear in mind that the jurisdiction covered by the Bahamian regulator’s license is restricted. The $500 minimum deposit requirement may be steep for some traders, prompting a consultation with experts before selecting a broker.
This review has been prepared by the specialists at ExpertsReview.