Trader.Online Review 2020

Trader.Online Check - Should you trade with Trader.Online?

General features and Location 

Trader.Online Forex broker is a newly established broker which has gained popularity in a short span of time, thanks to its innovative platform. The broker is set to become one of the leading forex brokers in the industry if it continues to maintain a fast and rewarding trading experience for traders around the globe. It also aims at providing an array of financial instruments on its user-friendly trading platform. 

From their website, it can be learnt that financial services of this broker are provided by Zolarex Ltd Company. Trader.Online Forex broker is operated by Zola Ltd and its registered office is in Sofia District. The website is not regulated yet but they ensure security on their platform as they have security badges and they also provide with tips on how to secure your account online. 

With over 27,000 active traders online, the broker is definitely going to impress users with their user-friendly nature, and variety of assets. As soon as you hop on their website, you will be acquainted with the different services they offer and things they have in store - by providing an idea of their different subsections on the homepage itself. 

The different Account Types offered by the broker

This broker offers 3 types of account types to its traders consisting of everything that can help them gain a pleasurable experience on the platform. To get started, a minimum of $250 is required - whether you are a newbie or an experienced trader. 

The trading platform 

The platform used by Trader.Online Forex broker is very modern and simple at the same time - they use latest technologies; they have the latest version of Tradologic. Tradologic is the world’s leading FINTECH software provider, and it runs in accordance with market regulations. Hence, traders can benefit from: a user-friendly platform, fit for both beginners as well as experts; enjoy two trading tools - Forex & Simplex; and live trading charts of assets. Furthermore, Tradologic is the newest addition to advanced Forex & CFD trading platform, designed for traders of any skill level. 

The image above is the Forex platform and as you can see, the platform already has a live chart integrated. You can make use of the chart to learn about the trend of a particular asset or you even place indicators if you are familiar with the RSI, Bollinger Bands, Ichimoku Cloud and much more which are available on the platform.  In the left-hand corner of the platform, you can choose any type of asset - forex pairs, commodities, indices, stocks, cryptocurrencies and futures. If you choose the Simplex platform, you can still benefit from the above advantages. 

The broker promises to offer over 200 trading instruments and leverage over all their assets, ranging from 1:25 to 1:200. Various trades can be placed and monitored on the Open Positions section found on the platform. While using the Simplex tool, you can also set the level of risk while you are placing transactions. You can trade at your convenience with your laptop or by phone as there is a mobile platform for both iOS and Android at the same time.  However, I would highly recommend the desktop platform as you can analyse the trend of an asset better, make full use of the market updates provided on the right-hand side of the platform and trade wisely for profitable transactions. 

Learning Academy 

I believe you will also agree with the fact that trading Forex/CFD is simple but it does require some levels of understanding to get an idea of the global market and take wise decisions. Hence, Trader.Online Forex broker gives you the opportunity to learn more about the very basics of the Forex industry with its short and straightforward articles, found in their Trader.Online Learning Academy .It also provides a financial news section to update traders about the most trending news and how they impact the markets. If you have only limited time and you wish to have a quick look at the market, you can view the short videos on the Trader Insight section, its a simple and quick way to stay updated. 

Once you register for an account with the broker, you shall have the chance to attend its weekly webinars based on different topics and this might help you in planning your strategy as a trader. Additionally, Trader.Online also provides a weekly Economic Calendar which can help many who are looking for major events that can impact major pairs. 

Customer Support at Trader.Online 

Since Trader.Online has clients all over the world, it is important for the broker to provide a good customer support service 24/7, which they definitely do. Before registering an account, I had few queries about the broker and hence I tested their live chat service, I can say that they deliver a good service. You can also call them or send them an email anytime you wish if ever you are having any issues with their website. 

Final words about the broker

Trader.Online is considered to be a reliable broker and provides many features to enhance the trading experience of their clients. You can easily register an account and test their services. The broker is suitable for newbies who want to learn about this industry and trade at the same time. If you're going to start today, you can quickly register an account here.

Payment Methods

At Trader.Online, deposits made via both bank transfer and debit/credit card are accepted. Bank transfers take around 4-5 working days to clear.

At registration, traders can choose the currency they wish to use for transactions. Once chosen, the selected currency cannot be changed at a later date. We offer to choose from EUR, USD and GBP but we also accept local equivalents of other currencies for the convenience of our traders. Your local currency is then converted into the base currency of your account using the prevailing rate at the given time.

The minimum amount required to trade is $10.

100 USD, EUR or GBP or the equivalent in your local currency is the minimum withdrawable amount at Trader.Online.

How was the rating of Trader.Online performed compared to other brokers? 

This 2020 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Trader.Online FX broker performance and features. 

Overall our online Trader.Online review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Trader.Online or you find inaccurate details Trader.Online broker review please get in touch with us and the changes will be applied.