Spread Betting vs CFD Trading reviews

Aramtant

Junior member
29 0
I don't quite get it. Is Trade.com a recently emerged broker? In this case why even discuss it here? Broker with under 3-5 years of a corporate history can't be trusted for sure.
 

Sharim

Member
56 4
No, tradecom was founded in 2009 and it obtained a CySEC license in 2014.
I just mentioned the big economic crisis of 2008, cause this was the time when many financial institutions went broke. If they survived through those times, they definitely have better chances to survive through the new hard times that I fee are quite near.
 

Adoralmeena

Member
60 7
I dn't think this is a good criteria to choose the brokerage. As it was already mentioned here, 20+ years brokers charge overwhelming fees and have got awful support as they know, they will have some customers anyway.
 

Sharim

Member
56 4
True. That's actually one of the other reasons I'm not that fascinated with the idea of trade.com DMA account. I mean the executions and trading fees are VERY fascinating, yet, such a DMA account would mean that you will have to use the IB platform and probably communicate with their support. I do have certain experience speaking to IB support and I can tell this is not the most pleasant experience ever. That's a huge broker, they have hundreds of people on support and I suspect some of them don't know much of trading themselves. Its difficult to communicate on some technical issues with people that can use prewritten scripts only.
 

Aramtant

Junior member
29 0
I don't see a problem here. That's the good part of working on a DMA account via introducing broker, like they offer to do at Tradecom. All the technical part of trading will be on IB, but all the communication and other customer-broker relationship is the responsibility of tradecom. You can set up all the communication with their suppor if you don't like IB's.
 
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