TradeApp is an online trading broker based in Cyprus with its offices in Limassol and Nicosia. The brand has over 200 instruments, including forex currency pairs, commodities, cryptocurrencies, indices, ETFs, and stocks, for trading on the PROfit platform, which is available as web trader and mobile apps. Traders also get access to some educational resources and trading tools.
TradeApp Review Introduction
In this TradeApp review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including TradeApp.
TradeApp Platforms & Tools
TradeApp provides traders with the PROfit trading platform. It has a simple interface and offers charting packages, multiple timeframes, and full fundamental and technical analysis tools. It also features real-time market quotes as well as customizable charts.
The PROfit trading platform is available as a WebTrader that can run directly on modern web browsers, such as Chrome, Safari, Firefox, and Edge, and a mobile app that is designed for Android and iOS devices and can be downloaded from the respective app stores. The mobile app is best suited for traders who are always on the move.
There is a range of trading tools available to TradeApp’s clients, including Economic Calendar, Live Newsfeed, and Autochartist.
TradeApp Research & Education
TradeApp provides traders with a collection of educational materials, such as learning centers, trading basics, e-books, and a trading blog that contains multiple trading articles.
TradeApp Trading Accounts
There are multiple account options available to TradeApp clients. The maximum leverage offered to retail clients is 1:30. Professional clients can get leverage up to 1:200. There are no commissions on trades, while the spreads on major forex pairs start from 3 pips. The account options include the Starter Plan, Silver Plan, Gold Plan, Gold plus Plan, and Ninja Plan. Clients have access to ‘trading simulator’ on the PROfit platform which acts as a demo account for practice trading.
TradeApp Account Funding
Deposits and withdrawals on TradeApp are processed via the following payment methods:
- Bank transfer
- Credit/Debit Cards
- E-Wallets, such as PayPal, Neteller, and Skrill.
TradeApp Customer Service
TradeApp customer service representatives are available from Monday to Friday between 9 am to 7 pm CET and can be reached through phone, email, contact us form, Live Chat, and social media channels: Facebook and Twitter.
TradeApp is the brand name of ‘Depaho Limited, which is a Cyprus Investment Firm that is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with the license number 161/11. The broker is also regulated by the Financial Sector Conduct Authority (FSCA) of South Africa with the license number 47709 and by the Comisión Nacional del Mercado del Valores (CNMV) of Spain through their Malaga branch with the registration number 3321.
TradeApp is also registered with up to 16 regulatory authorities in other European countries whilst complying with the Markets in Financial Instruments Directive (MiFID II) of the European Commission.
TradeApp Review Summary
TradeApp is an online trading broker that is regulated in multiple jurisdictions. They offer multiple trading instruments for online trading via the PROfit trading platform, which is available on the web and mobile versions. They also provide their traders with trading tools and educational resources, while offering multiple account options and payment methods.
It is worth mentioning that some of the trading products and services in this TradeApp review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the TradeApp broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.