Trading.com Review 2025
Awards
- Fastest Growing FX Broker (USA) 2024 - World Finance Forex Awards
Pros
- While most brokers we’ve evaluated offer multiple account types with complex fee structures, Trading.com simplifies the process with one standardized account featuring relatively low spreads and no commission fees. Its minimum deposit requirement is also just $50, making it highly accessible for beginners.
- Despite basic charts, Trading.com’s WebTrader impressed during testing with its customizable interface (up to four charts), integrated research, one-click trading, price alerts, built-in news, and an economic calendar.
- Trading.com is only regulated by ‘green tier’ bodies in DayTrading.com’s Regulation & Trust Rating, ensuring it follows strict operational guidelines, including investor protection. Many unregulated brokers do not provide this safeguard, risking your entire balance.
Cons
- Trading.com provides reasonable research tools, such as third-party news and technical analysis. Still, it lacks in-depth market research, daily insights, and AI-driven analytics that we’re increasingly seeing competitors like eToro offer.
- While deposits are typically free, Trading.com charges steep withdrawal fees for specific payment methods, notably lower withdrawal amounts like $13 for wire transfers of <$250. This makes it less cost-effective if you frequently move funds, especially when most top brokers offer free withdrawals across all methods.
- Unlike brokers such as FOREX.com which offer multiple accounts, notably a zero-spread option, Trading.com provides a single account. Advanced traders who prefer raw spreads with commission-based pricing will find this restrictive.
Trading.com Review
Regulation & Trust
4 / 5Trading.com is highly trusted owing to its regulation from four ‘green tier’ bodies in DayTrading.com’s Regulation & Trust Rating:
- US: Trading.com Markets Inc. is a registered Retail Foreign Exchange Dealer (RFED) with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA ID: 0516820).
- UK: Trading.com Markets UK Limited operates under Trading.com and is authorized and regulated by the Financial Conduct Authority (Reference Number: 705428). It is incorporated in England and Wales (no. 09436004).
- Australia: Trading.com Markets PTY Ltd has been issued an Australian Financial Services License (AFSL) by the Australian Securities and Investments Commission (ASIC) (ACN: 164 367 113).
- Cyprus: Trading.com Markets EU Ltd, previously Trading Point Asset Management Limited, is a licensed investment firm with the Cyprus Securities and Exchange Commission (CySEC) (Licence Number: 256/14).
It’s important to note that client protections differ depending on the local regulatory framework.
For example, Trading.com Markets UK Limited clients are insured under the Financial Services Compensation Scheme (FSCS) for up to £85,000, and Trading.com Markets EU Ltd clients are insured under the Investor Compensation Fund (ICF) for up to €20,000. Clients in other jurisdictions may not have the same level of protection.
Maximum leverage also differs due to regulations. Traders in the UK, Europe, and Australia are restricted to 1:30, whereas those in the US can utilize up to 1:50, based on liquidity.
Trading.com | Interactive Brokers | FOREX.com | |
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Regulation & Trust Rating | |||
Regulators | CFTC, NFA | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM | NFA, CFTC |
Visit | Visit | Visit | Visit |
Review | Review | Review | Review |
Accounts & Banking
3.5 / 5Live Accounts
Trading.com offers a single account type, which is refreshing compared to brokers we’ve tested that offer a myriad of confusing account options.
Key features of the account include:
- Base Currencies: USD, EUR, GBP, CHF, PLN, HUF (USD only in the US)
- Leverage: Up to 1:50 (1:30 outside the US)
- Contract Sizes: From micro lots (1,000 units) to standard lots (100,000 units)
- Average Spread: From 0.8 pips on currency pairs
- Commission Fees: None
- Maximum Orders (Open & Pending): 200 positions
- Hedging: Allowed
- Scalping: Allowed
- Islamic Account: Available
- Minimum Deposit: $50
- Negative Balance Protection: Available
On the downside, the single account may limit the broker’s appeal to advanced day traders looking for raw spreads or beginners seeking fixed spreads.
Raw spreads are ideal for scalpers trying to profit from tiny price movements, while fixed spreads benefit those who prefer stable trading costs, especially during volatile market conditions.
Additionally, high-net-worth or professional traders often want an exclusive account with lower fees, priority support, or even PAMM/MAM facilities.
By diversifying its account types, Trading.com could better accommodate different trading styles and strengthen its competitive edge in the market.
Demo Accounts
Trading.com offers a demo account on both its own WebTrader platform and the third-party MetaTrader (MT5) trading platform, so I could familiarize myself with both platforms on a desktop browser and mobile app without financial risk.
One key advantage of Trading.com’s practice account is its flexibility. Unlike many brokers that impose time limits, Trading.com offers demo accounts with no expiry date, allowing you to practice with $10,000 of virtual funds for as long as you need – there’s even a ‘reset’ button that replenishes the balance.
Another convenient feature is that while registration is required, account verification is not necessary to access the demo account, so I found it quick and easy to get started quickly.
Deposits & Withdrawals
Trading.com provides various deposit and withdrawal methods to accommodate its clients. That said, it only supports Automated Clearing House (ACH) and bank transfers for US clients.
The minimum deposit amount for all payment methods is $50, and the maximum deposit amount is $10,000 for all methods except bank transfer, which has no maximum.
The minimum amount for withdrawals is $25, and they are typically processed within 24 business hours. It’s worth noting that you can’t make any deposits before you verify your live account.
- Bank Transfers: There are no transaction charges on deposits, and funds typically take 2-5 business days to clear. Trading.com does not charge withdrawal fees except on bank transfers below $250, which incur a $13 withdrawal fee. However, your bank may charge its fees, so it’s best to check with it as well.
- Credit Cards/Debit Cards: Accepted cards include Mastercard, Visa, Maestro, and Visa Electron. Funds are typically credited to your account within minutes, but when withdrawn, they can take a few working days. Available for non-US clients.
- E-Wallets: Popular e-wallets include PayPal and Skrill. These offer a fast, secure, and convenient way to fund your accounts, but they can incur up to a 2.5% transaction fee for deposits and withdrawals. Available for non-US clients.
To deposit funds into my account, I logged in to the WebTrader app, clicked the ‘Make a Deposit’ button, selected my preferred payment method, and followed the on-screen instructions. Making a withdrawal was a similar process.I found making deposits and withdrawals quick and easy, although withdrawals can take up to five working days to clear in my bank account.
In terms of shortcomings, Trading.com could eliminate fees for smaller transactions, particularly the $13 fee for bank transfers under $250. This would make the platform more appealing to traders with varying account sizes.
It would also be good to expand the range of supported payment methods with additional e-wallets and regional payment options, to cater to a broader client base and provide more flexibility in transaction preferences.
Trading.com | Interactive Brokers | FOREX.com | |
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Accounts & Banking Rating | |||
Payment Methods | ACH Transfer, Credit Card, Debit Card, Maestro, Mastercard, PayPal, Skrill, Visa, Wire Transfer | ACH Transfer, Automated Customer Account Transfer Service, Cheque, Debit Card, TransferWise, Wire Transfer | ACH Transfer, Credit Card, Debit Card, Mastercard, Neteller, Skrill, Visa, Wire Transfer |
Minimum Deposit | $50 | $0 | $100 |
Visit | Visit | Visit | Visit |
Review | Review | Review | Review |
Assets & Markets
3.8 / 5The available assets depend on your region. In the US, you’re limited to trading in forex. In other areas, including the UK and EU, you can access a broader selection of assets including stocks, indices, and commodities.
This means non-US traders can speculate on global stock markets, trade major indices like the S&P 500 and FTSE 100, and trade commodities like gold, oil, and natural gas alongside forex pairs.
- Forex: Over 65 currency pairs including major (eg EUR/USD, GBP/USD), minor (eg AUD/JPY, GBP/JPY), and exotic pairs (eg USD/TRY, EUR/HUF).
- Stocks: There are more than 1,285 popular global company stocks including Tesla, Vodafone, LVMH, Deutsche Bank, and Stellantis.
- Indices: Over 40 global indices including the FTSE 100. S&P 500, and DAX 40. Unlike most brokers, there’s also a small collection of thematic/basket indices focussing on specific areas like AI, EVs and NFT/blockchain.
- Commodities: A selection of over 40 commodities including metals (eg gold, silver and palladium), energies (eg oil and natural gas) and soft commodities (eg cocoa, wheat and corn).
Trading.com offers a varied range of instruments for non-US traders compared to many other brokers, especially the breadth of its indices, but could improve its asset selection by including popular instruments like ETFs and cryptocurrencies.
Trading.com | Interactive Brokers | FOREX.com | |
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Assets & Markets Rating | |||
Trading Instruments | Forex | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Forex, Stocks, Futures, Futures Options |
Margin Trading | Yes | Yes | Yes |
Leverage | 1:50 | 1:50 | 1:50 |
Visit | Visit | Visit | Visit |
Review | Review | Review | Review |
Fees & Costs
3.8 / 5Trading.com offers a transparent fee structure for its trading services. What’s particularly striking is the lack of any commissions.
Here’s a breakdown of costs:
- Spreads: Spreads are variable but well within industry standards, with average spreads for major currency pairs like EUR/USD from 0.8 pips and 0.6 pips for the S&P 500. There are no currency transfers or hidden fees.
- Commissions: Trading.com operates on a commission-free model, meaning you are not charged additional fees per trade beyond the spread.
- Swaps: For positions held overnight, Trading.com applies swap rates based on the tomorrow-next (tom-next) rate, combined with low administrative fees. These rates can result in either a credit or debit to your account, depending on the instruments traded and the nature of your position (long or short). Day traders can avoid these charges by closing positions by the end of the trading day.
- Deposits & Withdrawals: Deposits are fee-free for most payment methods, including bank transfers and credit/debit cards. However, third-party withdrawal fees may apply depending on the method used, particularly e-wallets, and Trading.com charges a steep $13 withdrawal fee on bank transfers below $250.
- Inactivity Fees: If your account has not had trading activity (trades, withdrawals, or deposits) for at least 12 months, Trading.com considers it dormant and charges a monthly dormant fee of $10 or the full amount of the free balance if it is less than $10. Accounts with a zero balance are archived after this period without incurring a fee.
The cost of trading with Trading.com is competitive, but the broker should eliminate withdrawal fees to help traders with smaller account balances reduce unnecessary expenses.
Trading.com | Interactive Brokers | FOREX.com | |
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Fees & Costs Rating | |||
EUR/USD Spread | 0.8 | 0.08-0.20 bps x trade value | 1.2 |
FTSE Spread | 1.4 | 0.005% (£1 Min) | 1.0 |
Oil Spread | 0.03 | 0.25-0.85 | 2.5 |
Stock Spread | 0.65 (Apple) | 0.003 | 0.14 |
Visit | Visit | Visit | Visit |
Review | Review | Review | Review |
Platforms & Tools
3.8 / 5Trading.com offers two primary trading platforms: its proprietary WebTrader and the widely used MetaTrader 5 (MT5).
Here’s a comparison of their key features:
- WebTrader: Trading.com’s WebTrader is a browser-based and mobile app for on-the-go trading. It offers a customizable interface (single chart or grid of four) with key features such as a research portal, one-click trading, price alerts, a built-in news feed, and an economic calendar. However, during testing it became apparent that its charting tools are basic, with a minimal range of candle types, indicators and drawing tools. Order types are also limited to market and pending orders, and there are no advanced features like multiple take profits or stop-out types. The platform makes it a snap to access and manage accounts, deposit funds, and monitor trading positions from desktop and mobile devices. Still, its overall functionality is aimed at beginner traders making infrequent trades.
- MT5: MT5 is an advanced trading platform that builds upon the features of MT4. It provides advanced charting for desktop and mobile devices with 38 pre-installed technical indicators, 44 analytical charting tools, 21 timeframes, algorithmic trading via Expert Advisors (EAs), and backtesting tools. Although I find its interface outdated, it offers depth-of-market (DoM), more order types and fast execution, making it better suited to more experienced traders requiring sophisticated analysis and automated trading tools.
Trading.com could improve its platform by adding more advanced charting tools, customizable indicators for technical analysis, and features like advanced order types and backtesting tools for strategy testing.
To better cater to advanced traders, Trading.com could also consider expanding its third-party platform choices, offering popular platforms like cTrader or TradingView. These platforms provide additional advanced features, such as market depth analysis and automated trading options that many experienced traders rely on.
Trading.com | Interactive Brokers | FOREX.com | |
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Platforms & Tools Rating | |||
Platforms | WebTrader, MT5 | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral |
Mobile App | iOS & Android | iOS & Android | iOS & Android |
Visit | Visit | Visit | Visit |
Review | Review | Review | Review |
Research
3.8 / 5Trading.com provides a small but useful selection of research tools designed to assist you in making informed decisions:
- Research Portal: Accessible upon account registration from the client dashboard, this portal offers insights into market news and trends from Reuters, an economic calendar, and trade signals by third-party provider Analyzzer. However, unlike Trading Central signals that are actionable in platforms from IC Markets and TopFX, the ‘Trade Now’ button next to an Analyzzer signal doesn’t automatically open a new trade position with pre-set take profit and stop levels – it’s for reference only, so I have to be careful to enter the correct prices. The portal also includes features like position insights, personalized news tailored to my watchlist, and investor sentiment to view the percentage of traders with buy or sell positions on specific instruments.
- Economic Calendar: Integrated within the platform, the FX Street-powered economic calendar helps you stay updated on upcoming economic events and data releases that could impact the markets. What I really like about this calendar is the ability to filter events by country (eg US and UK), category (eg inflation and labor market), and impact (low to high), making it an essential tool for planning trades around significant market-moving events.
Trading.com | Interactive Brokers | FOREX.com | |
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Research Rating | |||
Visit | Visit | Visit | Visit |
Review | Review | Review | Review |
Education
3.8 / 5Trading.com offers a modest collection of educational resources to support beginners:
- Tutorials: The small library of written and video tutorials covers essential topics such as market analysis, trading strategies, and risk management. Although labeled ‘beginner,’ ‘intermediate,’ and ‘advanced,’ the tutorials are too basic for experienced traders. However, they’re concise and well-presented and should help you build a solid foundation.
- Glossary: The comprehensive glossary defines over 600 key trading terms and concepts, including ‘Bull Market’, ‘Bear Market’ and ‘Abandoned Baby’. This resource is handy for beginners looking to familiarize themselves with forex and CFD terminology.
- Platform Walkthrough: Two brief video walkthroughs cover essential features of the WebTrader platform and mobile app, such as placing trades, using charting tools, and setting up indicators, making them a great starting point for new traders.
Trading.com could enhance its educational content by offering live webinars and interactive Q&A sessions, similar to those offered by IG and Swissquote, to provide real-time guidance for traders.
Expanding its library with in-depth courses on advanced trading strategies would also benefit beginners and experienced traders.
Trading.com | Interactive Brokers | FOREX.com | |
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Education Rating | |||
Visit | Visit | Visit | Visit |
Review | Review | Review | Review |
Customer Support
3.5 / 5Trading.com offers multiple customer support options 24 hours a day, five days a week (24/5), to ‘ensure assistance during all active trading periods’:
- Live Chat: Accessible through the website and the trading app, the live chat feature is designed to connect you directly with a support representative for real-time assistance for immediate queries or troubleshooting. Unfortunately, I consistently struggled to connect to a live chat representative during testing. Instead, I had to send emails to get answers to my account queries, which took up to 48 hours to receive a reply.
- Email: For non-urgent matters or detailed inquiries, you can email ‘support.us@trading.com’. This method is suitable for issues that may require comprehensive explanations or documentation.
- Phone: Trading.com provides local phone support for clients who prefer direct verbal communication. US traders, for example, can contact the platform at 1-833-FX1-0250. This option is beneficial for complex issues needing immediate attention, but no call-back option exists.
- Help Centre: The website’s FAQ section addresses common questions about account types, platforms, pricing, and more. It’s a valuable resource for quick answers without needing to contact support. The live chatbot is another valuable resource for general inquiries.
- Social Media: Various social media channels including Facebook, X, Instagram, YouTube and LinkedIn let you stay updated on market news and platform updates.
- Complaint Form: The website offers a formal complaint form for raising concerns about your trading experience. This should help ensure that complaints are documented and addressed through an official resolution process. I was tempted to complain about the lack of Live Chat, but I couldn’t be bothered after reading that I could be waiting up to 8 weeks for a reply.
Customer support could be improved by expanding to 24/7 availability, as traders worldwide may need help outside market hours.
Offering multilingual support and reducing email response times, as well as adding WhatsApp and Telegram options, would further enhance accessibility and efficiency.
Lastly, expanding educational support with live webinars and interactive Q&A sessions would better assist beginners, as would actually operating the live chat.
Trading.com | Interactive Brokers | FOREX.com | |
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Support Rating | |||
Visit | Visit | Visit | Visit |
Review | Review | Review | Review |
Should You Day Trade With Trading.com?
Trading.com is a relatively new but solid choice for day traders looking for a regulated broker with low spreads, no commission fees, and a user-friendly proprietary platform.
It’s especially suitable for beginners due to its low minimum deposit and unlimited demo account, as well as for US traders otherwise limited to well-established counterparties like FOREX.com and OANDA US.
However, advanced traders may find the lack of account variety and support for multiple third-party trading platforms limiting.
If you prioritize a simple, cost-effective trading experience with strong regulation, Trading.com is worth considering. Those seeking advanced features better suited to day trading might want to explore other options.
FAQ
Is Trading.com Legit Or A Scam?
Trading.com is a legitimate broker regulated by four ‘green tier’ bodies including the UK’s FCA and the CySEC in Cyprus, ensuring compliance with strict financial regulations.
It offers transparent trading conditions, its own trading platform, and standard investor protections like insurance and negative balance protection.
While some areas, such as account variety and withdrawal fees, could be improved, no major red flags from our investigations indicate a scam.
You should always conduct your own research, but Trading.com appears to be a trustworthy and regulated broker.
Is Trading.com Suitable For Beginners?
Trading.com is suitable for beginners due to its regulations, low minimum deposit of $50, commission-free trading, and access to a free, unlimited demo account for practice.
In addition to MT5 support, the WebTrader platform provides a user-friendly environment for managing and executing trades.
However, beginners should know that the broker only offers one account type, educational resources are somewhat limited compared to other platforms, and there is no copy trading.
It’s a solid choice for new traders, but those seeking extensive educational support and research tools may want to explore additional resources.
Top 3 Alternatives to Trading.com
Compare Trading.com with the top 3 similar brokers that accept traders from your location.
- Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
- FOREX.com – Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
- Dukascopy – Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders.
Trading.com Comparison Table
Trading.com | Interactive Brokers | FOREX.com | Dukascopy | |
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Rating | 3.8 | 4.3 | 4.5 | 3.6 |
Markets | Forex | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Forex, Stocks, Futures, Futures Options | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options |
Demo Account | Yes | Yes | Yes | Yes |
Minimum Deposit | $50 | $0 | $100 | $100 |
Minimum Trade | 0.01 Lots | $100 | 0.01 Lots | 0.01 Lots |
Regulators | CFTC, NFA | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM | NFA, CFTC | FINMA, JFSA, FCMC |
Bonus | – | – | Active Trader Program With A 15% Reduction In Costs | 10% Equity Bonus |
Education | Yes | Yes | Yes | Yes |
Platforms | WebTrader, MT5 | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral | JForex, MT4, MT5 |
Leverage | 1:50 | 1:50 | 1:50 | 1:200 |
Payment Methods | 9 | 6 | 8 | 11 |
Visit | Visit | Visit | Visit | Visit |
Review | – | Interactive Brokers Review |
FOREX.com Review |
Dukascopy Review |
Compare Trading Instruments
Compare the markets and instruments offered by Trading.com and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
Trading.com | Interactive Brokers | FOREX.com | Dukascopy | |
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CFD | No | Yes | No | Yes |
Forex | Yes | Yes | Yes | Yes |
Stocks | Yes | Yes | Yes | Yes |
Commodities | No | Yes | Yes | Yes |
Oil | No | No | Yes | Yes |
Gold | No | Yes | Yes | Yes |
Copper | No | No | No | Yes |
Silver | No | No | Yes | Yes |
Corn | No | No | No | No |
Crypto | No | Yes | No | Yes |
Futures | Yes | Yes | Yes | No |
Options | No | Yes | Yes | No |
ETFs | No | Yes | No | Yes |
Bonds | No | Yes | No | Yes |
Warrants | No | Yes | No | No |
Spreadbetting | No | No | No | No |
Volatility Index | No | No | No | Yes |
Trading.com vs Other Brokers
Compare Trading.com with any other broker by selecting the other broker below.
Article Sources
- Trading.com
- Trading.com Markets UK Limited - FCA License
- Trading.com Markets EU Limited - CySEC License
- Trading.com Markets Inc - NFA License
- Trading.com Markets PTY Limited - ASIC License
The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com
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