Updated Review of Tradize Forex Broker
Reviewed broker: Tradize
Subsidiary company of Famous Investment limited
Location: St. Vincent and the Grenadines
Established in 2013
Regulation: no
Straight Through Processing STP: yes
No dealing desk execution: yes
ECN technology: yes
Why Tradize
- Tradize offers pure STP solutions with NO dealing desk intervention
- Tradize provides Aggregated spreads from our LPs by using our ECN technology
- Tradize offers trading account types with zero spread and dark pool liquidity
- Tradize offers MT4 the world renowned trading platform with mobile trading solutions
- All clients’ funds are held in HSBC
- 24/7 support & dedicate relationship managers
- The Forex Broker offers free webinars and seminars for all traders
- Online 1 to 1 training for 2hrs/day
- Leverage up to 1:400
- Daily market signals(technical & fundamental)
Trading Accounts
Pricing
Market prices from the connected banks, selecting only the best Bid and the best Ask individually, and posting them to the MetaTrader4 Market Watch. This mechanism ensures that you are receiving lowest forex spread available amongst broker's major providers at all times.
With Tradize, the spread could be as low as 0.8Pips!
Execution
MetaTrader4 Server is connected via FIX Protocol Bridge to an ECN platform, which is responsible for matching your trade orders with the best available liquidity-price combination at the moment of receiving your order, and then sending it to the counterparty bank for execution.
Benefits
With the ECN Forex Accounts you get comprehensive system of resources and the professional team to guide you through all of your trades. Having ECN Accounts in place, you will be able to implement:
- Scalping( ethical trading)
- Hedging
- Automated Trading (EAs)(ethical EAs)
- Gridding (As long as it does not overload our trade servers)
rade BTC against a host of major currency pairs in MT4.
Features:*
- Leverage up to 25:1
- Aggregated Spot Trading
- Matching Engine to STP Market Execution
- Base Currency: USD
- 24/7 Trading, Crypto Never Sleeps!
*Terms and conditions to trade BTC
- No scalping is allowed in BTC pairs.
- All BTC trades should be carried out for minimum of 1 hour.
- Expert advisors are not allowed in BTC pairs.
- Fair Trading policy should be followed by the clients.
- The company reserves the right to reverse any of the trades in BTC alone if it feels that the above rules are not followed.
Trading Instruments
With Tradize, you can tap into many markets to find trading opportunities. You enjoy access to a variety of products like:
FOREX
INDICES
COMMODITIES
ACCESS YOUR TRADING EVERYWHERE with Tradize Trading Platform
MT4 MetaTrader 4
MT4 Client Terminal Platform is designed to give you the edge in today's busy trading environment, with live quotes, real-time charts, in-depth news and analytics - as well as a host of order management tools, indicators and expert advisors.
A wide range of trading tools available on desktop and mobile
Account Types
| Features | Micro | Standard | Premium/ECN | Fixed* |
|---|---|---|---|---|
| Spread | 1.6-2.2 | 1.4-1.8 | From 0.0 | 2 |
| Spread Type | Variable | Variable | Variable | Fixed |
| Execution | Market | Market | Market | instant |
| Minimum Deposit | 500$ | 1000$ | 10000$ | 5000$ |
| Rollover** | yes | yes | yes | yes |
| Leverage | 1:500 | 1:400 | 1:200 | 1:200 |
| EA*** | yes | yes | yes | yes |
| Instruments | 44 currency pairs,4metals, oil, Equities, and indices, Bitcoin | 44 currency pairs,4metals, oil, Equities, and indices, Bitcoin | 44 currency pairs,4metals, oil, Equities, and indices, Bitcoin | 44 currency pairs, 2metals |
| Hedging Margin | 0 when hedged | 0 when hedged | 0 when hedged | 0 when hedged |
| Commissions | No | No | 12 $ per round turn | 03 $ per round turn |
| Fifth Decimal | Yes | Yes | Yes | 4 Decimals |
| Minimum trade size | 0.01 | 0.01 | 1 | 0.01 |
| Trade size increment | 0.01 | 0.01 | 0.01 | 0.01 |
| Margin call | 50% | 50% | 50% | 50% |
| Stop out limit | 30% | 30% | 20% | 50% |
| Account Manager | No | No | Yes | No |
| Free VPS | No | Yes (for deposits above 5000) | Yes | No |
| Platform | MT4, MT4 mobile | MT4, MT4 mobile | MT4, MT4 mobile | MT4, MT4 mobile |
Trading Conditions
Maximum leverage is up to 1:100
Currency pairs: 40
Islamic swap free accounts: available
Managed account services: available
Spread types: fixed, variable
Typical variable spreads start from 2.2 pips
Average fixed spreads start from 2 pips
Expert advisors: allowed
Hedging: allowed
Scalping: allowed
Minimum trade size: 0.01
Margin call level: 50%
Stop out limit: 30%
VPS services: free for deposits above $5,000
Payment Methods for Funding and Withdrawal
Minimum deposit requirement: $100
Payment methods: Skrill, Neteller, credit cards, HSBC Hongkong, Local Bank Transfer, Money Exchanger
The average time for withdrawing money into an electronic payment systems account is 1-3 days.
Educational Material and Customer Assistance
Educational materials: analytical tools, indicators
Customer support: skype, email, phone
Frequently Asked Questions about Tradize Forex Broker
Is it possible to be logged in to several accounts at once?
Yes. Although you cannot be logged in to multiple accounts from one instance of MetaTrader 4, you can open several instances (separate MetaTrader 4 instances running at the same time on your computer) and log in to different accounts accordingly.
How much does it cost to have a VPS?
Tradize offers VPSs to clients free of charge when they open an account and deposit it with a minimum of 500. VPS are valid to 1 month and can be auto renewed as long as the below requirements are met:
- Close a minimum of 7 standard lots
- Keep your account with 500 Equity or higher
- If you do not meet the above requirements, your VPS will not be renewed
- To claim your free VPS and further information regarding its requirements
Are there any fees for withdrawing funds?
Tradize doen’t charge anything . As for Bank Wire Transfer, please note that you will be liable to intermediary bank fees. For full information, please visit Broker Deposit Funds Page.
Can I have multiple accounts and transfer funds between accounts?
Yes, you can have multiple trading accounts. To request an additional account, you need to log in to My Tradize and submit an additional account request. Once the account is opened you can transfer funds then between accounts directly through My Tradize
Can I apply for another demo account?
Yes, you can - select ‘Request Demo Account’ from the ‘Profile Options’ and complete the form. The account will be created in a few seconds and you’ll receive an automatic email including the account details.
Can I transfer money between my accounts?
Yes, you can transfer any free margin between accounts. From within the ‘My Accounts’ menu, simply select ‘Transfer Funds Between Accounts’ and choose the sending, recipient accounts and the amount then submit your request.
How can I deposit funds to my trading account?
You can deposit funds using a variety of funding methods including Bank transfer, credit/debit card. For full information on our funding methods, please visit our Deposit Funds Page or login to My account
CAN PROFITS FROM A DEMO ACCOUNT BE COLLECTED?
No. The demo account is only good for practicing trading using virtual money. As this is only virtual money, no profits or losses are awarded to customers.
How was the rating of Tradize 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 Tradize FX broker performance and features.
Overall our online Tradize 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 Tradize or you find inaccurate details Tradize Capital broker review please get in touch with us and the changes will be applied.