TradeDirect365 is a brokerage company that was launched in 2014 to provide an affordable and easy way to trade online via cutting edge platforms that are suitable for traders of all experience levels and styles. The broker provides two trading platforms: the popular MetaTrader 4 platform and their proprietary CloudTrade platform. They offer multiple trading instruments across different asset classes, such as forex currency pairs, indices, commodities, bonds, cryptocurrencies, and stocks. The broker also provides a variety of learning tools that help to enhance their trading skills and knowledge.
TradeDirect365 Review Introduction
In this TradeDirect365 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 TradeDirect365.
TradeDirect365 Platforms & Tools
The broker provides traders with the popular and intuitive MetaTrader 4 trading platform, as well as the CloudTrade CFD platform. The MT4 platform is one of the world’s leading forex and CFD trading platforms, and it offers advanced technical and analytical tools along with automated trading capabilities. It is available as a desktop application for Windows, Mac, and Linux operating systems, as well as a web trading version that runs directly on modern web browsers. There are also mobile apps for Android and iOS devices. They can be downloaded from the relevant app stores.
TradeDirect365 also provides clients with the CloudTrade CFD platform, which is their proprietary trading platform. The platform has a very simple and easy-to-use interface. It can be fully customized to suit individual preferences. It is available as a web trading platform and a mobile app that is available on both the Apple store and Google Play store for the corresponding mobile devices.
TradeDirect365 Research & Education
TradeDirect365 provides traders with a good selection of educational materials, such as Trading Video Guides, User Guides, CFD Trading Tips, and a FAQ section that has a compilation of commonly asked questions about trading with the broker.
TradeDirect365 Trading Accounts
TradeDirect365 offers clients a variety of accounts that are designed to suit each trader’s needs and trading styles. These include the Personal Account that has a required minimum deposit of 100AUD and is designed for individual traders; Corporate Account for corporate entities and institutional traders, and the Trust/SMSF Account, which is created for trust funds and pension funds that handle money on behalf of employees for their future retirements. There is also the demo accounts which traders can use to practice their strategies.
The broker offers competitive trading fees and fixed spreads which start from 0.6 pips and 0.8 pips on EURUSD and GBPUSD respectively.
TradeDirect365 Account Funding
The following payment methods are accepted at TradeDirect365: bank transfer, debit/credit cards, POLi internet banking, and Transferwise. Some payment methods may not be available to specific countries, while the transaction processing time and limits vary with the payment method used.
TradeDirect365 Customer Service
The broker’s customer support team is available between 9 am to 5 pm on weekdays and can be contacted through telephone, email, fax, instant web chat, or the ‘get in touch with us’ form on the broker’s website.
TradeDirect365 is a brand that is operated by Finsa Pty Ltd, which is authorized and regulated by the Australian Securities and Investment Commission (ASIC) with the license number: 422661. It is also regulated in the UK by the Financial Conduct Authority. This is through its European arm, Finsa Europe Limited, which has the reference number: 525164.
TradeDirect365 Review Summary
TradeDirect365 is an Australian trading broker that offers online trading in a variety of assets with competitive trading conditions and fees. They have a low minimum deposit requirement and provide clients with the powerful MetaTrader 4 platform and their proprietary CloudTrade platform.
It is worth mentioning that some of the trading products and services in this TradeDirect365 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 TradeDirect365 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.