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Trade12 Broker Review

  1. Founded in 2014, Trade12 is a non-regulated Forex and CFD broker, offering STP trading services to retail traders and industry professionals across the globe. Trade12 provides competitive trading across multiple asset classes, spanning FX currency pairs, metals, energy, indices, shares and commodity CFDs on the MT4 Forex platforms for desktop and mobile devices. The Trade12 platform is available in 13 languages, with 24/5 multi-lingual support.

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    Trade12 Trading Account Types

    At Trade12, clients in South Africa and across the globe, have four account types to choose from, each giving access to global forex markets and deep liquidity sources. However, the opening balance required to set up each account varies, as do the account benefits. Nevertheless, all clients benefit from STP trades at Trade12 with no dealing desk or requotes. Additionally, all traders can open a free Demo account at Trade12, for risk-free practice trading. The Demo account does not expire and allows customers to try out trading strategies before applying them in the live account.

    Trade12 Beginner Account Features

    • Minimum initial deposit of $250
    • Access to MT4 platforms
    • Floating spreads from 1.2 pips
    • Mobile trading
    • 24/5 support
    • Daily analysis
    • Account manager
    • 0.1 minimum lot size

    Trade12 Trader Account Features

    • Minimum first deposit of $10,000
    • ECN account
    • Account manager
    • Access to MT4 platform
    • Mobile trading
    • Floating spreads from 1 pip
    • 0.1 minimum lot size
    • Daily analysis
    • 24/5 support

    Trade12 Expert Account Features

    • Minimum initial deposit of $50,000
    • Fixed spreads from 0.8 pips
    • Free bank wire transfer
    • Daily analysis
    • 24/5 support
    • Access to MT4 platform
    • Mobile trading
    • Account manager
    • 0.1 minimum lot size

    Trade12 VIP Account Features

    • Get in touch to find out minimum first deposit required
    • Unspecified low fixed spreads
    • Free VPS hosting service
    • Free bank wire transfer
    • Daily analysis
    • Account manager
    • 24/5 support
    • 0.1 minimum lot size
    • Mobile trading
    • Access to MT4

    Tip: Consider IQ Option instead – the best regulated broker for South African traders with a minimum deposit of only $10!

    Trade12 MT4 Trading Software Features

    Trade12 provides the full suite of MT4 trading platforms to meet every possible situation that customers may find themselves in from day to day. Traders in South Africa and elsewhere, can download the MT4 to a desktop computer with a Windows operating system, access the platform through the MT4 WebTrader from any internet connected device and trade on the mobile platform by downloading the dedicated app for Android and iOS powered phones and tablets.

    The MT4 is the favorite trading platform among international Forex traders, irrespective of experience. Since its launch, the MT4 has proven to be very reliable and takes up very few resources on desktop computers, ensuring that rapid trade execution can be maintained. The Trade12 MT4 is a multi-asset platform with currency pairs, gold, silver, oil, commodities, indices, and futures.

    Trade12 MT4 for Desktop

    • Download to desktop from the Trade12 technology page on the website
    • Live streamed quotes
    • 250 financial instruments
    • Leverage up to 1:400
    • Open and close trading positions with precision timing
    • Extensive pre-packaged technical indicators
    • Advanced interactive charts
    • Multi-lingual support built-in
    • Trading Central live analysis
    • One-click trading capability
    • Risk management tools
    • Multiple order types
    • Automated trading with Expert Advisors
    • Social trading with signals providers

    Trade12 MT4 Mobile Trading Platform

    • Full access to 250 financial instruments available on desktop
    • Complete account management
    • Access to trading history
    • Fast trade execution
    • Leverage up to 1:400
    • Social trading feature
    • Complete set of technical indicators
    • Set Stop orders and Limit orders
    • Trade multiple accounts
    • Live streaming of market prices
    • Interactive charts

    Trade12 MT4 WebTrader

    • HTML5 technology allows access through any device
    • Browser-based with no software download
    • User-friendly interface
    • Access to global financial markets
    • Financial market news
    • Real-time rate streaming
    • One-click order execution
    • Limit orders applicable
    • Leverage up to 1:400
    • Offers a broad range of assets
    • Built-in charts and graphs
    • Technical analysis and indicators
    • Social trading allows clients to copy other traders’ orders
    • Launch WebTrader from Trade12 website on the technology page

    Trade12 Customer Support

    Support is available 24/5 from 7 am to 10 pm GMT, Monday to Friday from the Trade12 customer services team. Anybody can make an anonymous inquiry to the live chat helpline on the platform interface or request a callback, by providing their telephone number on the contact form, and submitting it from the contact page. Customers in South Africa can request a callback and save the cost of a long-distance phone call.

    Alternatively, customers can send their inquiries by email or telephone the international number, if the 14 different country numbers don’t include their location. Impressively Trade12 provides phone support for customers in the UK, Switzerland, Ireland, Australia, Singapore, Malaysia, Italy, Japan, Canada, Spain, Russia, Ukraine, Kazakhstan, and Germany.

    Additional customer support is provided by Trade12 through the Forex Education Centre accessible from the dashboard on the website. Registered customers can watch the short, well-made video tutorials about Forex and CFD trading, trading psychology, market analysis, and many more relevant topics. We saw that social trading is explained in detail along with the Sirix trading platform available at Trade12. Regular webinars and training sessions with experts are planned by Trade12, with times published on the website. Moreover, customers who want to know about the features of the MT4 trading platform through a video tutorial can find it in the education center. Trade12 provides free daily email alerts from the AutoChartist service, letting traders know about financial events and trading opportunities in financial markets. Notably, AutoChartist uses a huge number of analysis tools measuring volatility and significant market movements amongst other factors.

    Trade12 Payment Methods

    Trade12 supports a broad range of payment methods for funding trading accounts. Customers in South Africa can expect to see some local payment methods shown by Trade12 when they register a trading account. Deposits are credited instantly to trading accounts unless they are made with bank wire transfer, requiring 2-3 days for processing by Trade12. However, the currencies that can be deposited to Trade12 are limited by the payment method chosen. We saw that customers who select bank wire transfer, Visa or Mastercard may deposit in AUD, GBP, USD, and EUR. Customers using CashU may deposit in USD and EUR. Whilst clients using Moneta can deposit in EUR, USD, and GBP. The USD is the only currency that can be deposited using Skrill, Yandex, WebMoney, Ali Pay, Paysafecard, and UnionPay. Notably, deposits and withdrawals are not charged fees by Trade12 but may pay fees to the providers of the payment services.

    Before withdrawal requests can be approved by Trade12, clients must submit the account verification documents requested by the compliance department. These include a color copy of an official ID document and proof of residence shown on a recent utility bill or bank statement. It’s important to realize that all online financial services providers require these documents to prevent fraud and comply with AML and KYC policies. Trade12 processes withdrawals from Monday to Friday between 8 am and 5 pm. However, the time it takes to deliver funds to customers’ accounts varies, with e-wallets being credited instantly and other methods requiring between 3 and 5 days.

    Trade12 is the trading brand name of Exo Capital Markets Ltd, with regional headquarters based in MH 96960 Ajeltake Island-Majuro, Marshall Islands where it is registered under the number 68798.

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    Binary Option South Africa
    Conclusion: We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10! Between 74-89 % of retail investor accounts lose money when trading CFDs
    Binary Option South Africa
    Conclusion: We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10! Between 74-89 % of retail investor accounts lose money when trading CFDs

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