TradersHome is an online trading broker that provides trading services to clients in over 100 countries around the globe. They offer over 400 trading instruments across multiple asset classes, such as forex, cryptocurrency, stocks, indices, commodities, energies, and metals, for online trading. They provide clients with the sophisticated and powerful MetaTrader 5 platform for web, desktop, and mobile terminals. The broker utilizes a No Dealing Desk (NDD) and ECN model with zero transaction fees.
TradersHome Review Introduction
In this TradersHome 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 TradersHome.
TradersHome Platforms & Tools
TradersHome provides traders with the popular MetaTrader 5 trading platform. It is a user-friendly platform that is packed with a vast range of useful trading tools for analyzing the markets for potential trading opportunities. Some of the basic features of the MT5 platform include:
- Fully customizable and user-friendly interface
- Bid/ask real-time price quotes in the market watch window
- Level 2 depth of market (DOM) pricing
- Multiple chart types, timeframes, and styles
- Technical indicators and chart analysis
- Automated trading with EAs
- MQL community
- Programming interface to create customized indicators, EAs, and scripts
The MT5 trading platform is available as desktop applications for Windows and Mac computers, a WebTrader that runs directly on most modern web browsers without the need to install any additional software, and mobile trading apps that are compatible with iOS and Android devices, which can be downloaded from respective app stores.
Clients can also benefit from other additional trading tools, such as the Bitcoin Calculator for finding out current bitcoin values and Economic Calendar that shows the scheduled financial news release with the impacts that they may have on the markets.
TradersHome Research & Education
The broker’s website has a section where it shares technical analysis on selected assets. This is frequently updated and can be used to inspire trade ideas.
TradersHome Trading Accounts
TradersHome offers a wide select trading account types to cater to individual trader’s needs. They include Student, Starter, Premium, Advanced, Pro, and VIP Accounts. All accounts have access to the MetaTrader 5 platform. The minimum required deposit starts from $250, and leverage of up to 1:400 is available. Spreads are fixed or variable. Swap-free Islamic accounts that comply with the sharia laws are available upon request. Demo accounts that are preloaded with virtual funds are also available for practice purposes.
TradersHome Account Funding
TradersHome supports quick account transactions. You can fund your account anytime and anywhere through easy and secured payment methods, including bank wire, credit/debit card, and online payment systems, such as Neteller and Skrill. Please note that some payment methods may only be available to specific countries, while the transaction processing time depends on the payment method used.
TradersHome Customer Service
The broker provides a 24/5 customer support via live chat, email, telephone, and social media. There is also a contact form on the broker’s website.
TradersHome is based out of Saint Vincent and the Grenadines, and there is no regulatory information on their website.
TradersHome Review Summary
TradersHome is a trading broker with a good selection of FX currency pairs for trading online through the sophisticated and powerful MT5 platform. The broker has a good range of tradable assets, account types, and funding options.
It is worth mentioning that some of the trading products and services in this TradersHome 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 TradersHome 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.