Close Newsletter
South Africa newsletter
Signup for the newsletter and keep updated
about the best brokers and auto trading robots.
Exclusive promotion: get a free account

Get a free $10,000 demo account!

Your capital is at risk
Binary Options are prohibited in EEA

Binary Option Programs Award
Min. Deposit
Min. Investment
Regulated Broker

TradeFCM Broker Review

  1. TradeFCM is an unregulated Forex and CFDs broker. This broker is registered in 4578 Marmora Road, Glasgow, D04 89GR. Read our full review below to find out all about this broker!

    fx advisor banner

    TradeFCM offers 4 different trading account to South African traders so they can choose one that suits all their needs, preferences and trading skills. Below we provide a review of the account types:

    TradeFCM Account Features

    TradeFCM offers South African investors 4 different trading account so they can choose the one they like depending on their trading skills, experience, and personal preference.

    Mini Account

    • $500 min deposit
    • 1.6 pips
    • 30% bonus
    • 1:1000 max leverage

    Standard Account

    • $1000 min deposit
    • 1 pip
    • 80% bonus
    • 1:1000 max leverage

    Gold Account

    • $2000 min deposit
    • 0.08 pips
    • 50% bonus
    • 1:1000 max leverage

    Professional Account

    • $5000 min deposit
    • 0.06 pips
    • 40% bonus
    • 1:1000 max leverage

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

    Trading Software

    TradeFCM offers South African traders the world-famous MetaTrader4 platform. This platform is a favourite among all South African traders because it contains all the advanced settings and features that other platforms do not have.

    Also, this platform is good for all types of traders – from the beginner to the professional. In addition, traders can also use the TradeFCM Web-trader, which is a simpler version of the MT4 platform.

    TradeFCM also offers educational material and videos that can help beginners test their trading abilities.

    Customer Support

    Our team tried to contact the TradeFCM broker through live chat, but was unsuccessful. There is no live chat option and direct contact with TradeFCM support agents, so traders cannot get quick and quality information.

    Instead, South African users can reach the TradeFCM customer support team via the e-mail [email protected] contact or the UK number: + 44-2081337628.

    Payment Methods

    TradeFCM accepts most major debit and credit cards like Mastercard, Visa, and Maestro. All South African traders will need to provide valid copies of their ID or passport prior to any withdrawals. E-payments are also accepted like PayPal, Skrill, and Neteller.

    Verdict: Is TradeFCM a Scam?

    TradeFCM is an unlicensed broker no different than any other. We did not find any proof that this broker is a scam, but would suggest South African traders pick a broker they know is safe and fully tested. Check out our list of the best brokers for South African investors. Better be safe than sorry, right?

    fx advisor banner

TradeFCM articles