Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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TradeFred Broker Review

  1. Launched in 2016, TradeFred is the brand name of BrightFX Capital Ltd, a market maker for CFD and Forex contracts. Maintaining an ethical, client orientated approach, TradeFred provides instant trade execution with tight spreads, no hidden fees and fast withdrawals. BrightFX Capital Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) and conforms to the strict EU wide MiFID rules for investment intermediaries. Clients’ funds are segregated from the company’s own funds in reputable banks within the EU and outside. Importantly, the company is a member of the Investor Compensation Fund established by Cyprus law, for clients investing in Cyprus Investment Firms. The fund compensates customers with up to 20,000 EUR in the event of the failure of an investment firm registered in Cyprus. Read the rest of our TradeFred review to find more about special features and trading conditions.

  2.  

    TradeFred provides three live trading accounts and a Demo account. It also offers an Islamic account version for any of the real money accounts.  All trading accounts give traders convenient access to the three types of trading platform described below. Trading accounts at TradeFred are based on EUR/GBP/USD with the customer choosing the base currency at the time of registration.

    Importantly, TradeFred ensures that customers can never lose more money than the equity in their accounts. This is done by the provision of negative balance protection.

    TradeFred Demo Account

    With a risk-free Demo account, TradeFred customers get $10,000 of virtual funds to practice trading in live market conditions on the authentic trading platform. Significantly, traders have unlimited access to their demo account at any time they want to practice, and they have a vast amount of educational material available to them for free. To set up a Demo account requires only a name, email and telephone number.

    TradeFred Basic Account

    With a minimum deposit of $£€100, clients can open a basic account with access to E-books and educational videos. However, there isn’t a personal account manager, and customers don’t enjoy especially narrow spreads or free signals.

    TradeFred Standard Account

    A minimum deposit of £$€500 opens a Standard account at TradeFred. It’s gives access to E-books, educational videos, narrower spreads and free trading signals, which can be very helpful on a busy trading platform.

    TradeFred VIP Account

    To be a VIP account holder, a minimum deposit of £$€5,000 is required. Traders get all the features included in the Standard account plus a personal account manager.

    Islamic Account

    The Islamic account can be created upon request to customer support, for any of the live trading accounts described above. The account is configured by TradeFred to conform to Sharia Law by removing any speculative aspects including swaps. Additionally, clients with Islamic accounts have the benefit of a specialist Islamic account manager.

    TradeFred Leverage Policy

    The brokerage offers clients up to 1:50 leverage on Forex and CFD trading by default. However, clients can apply for a higher leverage limit by completing the ‘Leverage Change Request’ form on the Leverage Policy page and sending it to the dealing desk for approval.

    Social Trading at TradeFred

    Customers at TradeFred are provided with the opportunity to enjoy Social Trading irrespective of their skill levels, whilst remaining anonymous to other traders. Not only are traders given the tools to copy trades done by successful traders called ‘Masters’, but can share thoughts and wisdom with their peers, in the live discussion spaces on the website. It’s important to realise that Social Trading can be risky and traders wishing to participate are asked questions by TradeFred to assess their suitability. Similarly, traders chosen by TradeFred to be the ‘Masters’ for other traders to copy, are selected according to stringent criteria, putting the interests of investors first.

  3. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  4. Testimonials FairForexBrokers Your capital is at risk

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    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  5. TradeFred provides a reputable trading platform with more than 100 popular assets, 24/5 support and an unlimited Demo account. In an exciting step recently taken by TradeFred, clients are provided with ‘social trading’ opportunities, the exciting new way to trade by copying successful traders at TradeFred.

    Customers at TradeFred have access to several versions of the MetaTrader4 trading platform configured to TradeFred parameters. These are the MT4 Web Trader, Desktop Trader and Mobile Trader.

    The Desktop Trader requires a software download to the desktop computer. It provides 100+ assets over 6 asset classes, exclusive educational material, charting features, easy to understand market analysis and rolling news feeds.

    For customers who want flexibility to work on Mac and PC away from their home computers, TradeFred provides the powerful Web Trader, compatible with all major browsers including Google Chrome, Firefox and Safari. With the Web Trader, clients have complete access to their accounts and trading history, as well as constantly updated market analysis and news.

    TradeFred Mobile Trader apps for Android, iPhone and iPad are available free from Google Play and the Apple App Store. The innovative mobile platform allows customers to trade Forex and CFDs on the move securely, whilst keeping track on market news and financial analysis.

    Trading Education at TradeFred

    All traders can access the full range of educational resources for free at TradeFred. Notably, a TradeFred Academy provides a comprehensive explanation for all aspects of trading and of trading jargon. Amongst other things, we saw a clearly set out FAQs page, a huge library of E-Books as well as webinars featuring exclusive online tutorials, that clients can register for. Traders in the learning phase can learn at their own pace and try out their skills in the risk-free Demo account.

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  7. Notably, the website is available in English, Spanish and Italian, whilst the trading platform has a multi-lingual interface and inbuilt support.

    Clients registered with TradeFred have access to support 24/5 over email and telephone, with live chat offered during normal trading hours. We saw payable phone numbers on the contact page, for support agents located in Cyprus and the UK. Notably, customers can count on support in English, Spanish or Italian according to their personal language requirements.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  9. Customers at TradeFred are given a diverse range of reliable payment methods to choose from, with transactions protected by SSL secured connection.

    Currently, payment methods include

    • bank transfer,
    • Swift,
    • Visa and
    • Mastercard
    • Skrill
    • Neteller.

    Importantly, deposits take from 2 to 6 business days to process into customer accounts and appear net of transaction fees taken for processing by TradeFred and the payment providers. We were pleased to see that withdrawal requests are processed within 1 business day, subject to customers validating their identities. The time taken for clients to see their funds is not stated by TradeFred as it depends on the payment method selected.

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    11. Your capital is at risk

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