Close Newsletter
South Africa newsletter
Signup for the newsletter and keep updated
about the best brokers and auto trading robots.
TradeLTD
Rating: Rated with 1.5 stars
Binary Option Programs Award
Min. Deposit
$250
Min. Investment
N/A
Regulated Broker
No

  1. TradeLTD

    TradeLTD is a new unlicensed CFDs and Forex broker. This broker has over 250 trading instruments on Forex, commodities, shares, indices, and cryptocurrencies. Also, this broker offers several account types, trading platforms and an educational center that can help beginners and professionals alike. South African traders, keep reading our full review below to find out whether or not this is a trusted broker before you make any deposit.

    TradeLTD Special Features

    Minimum deposit to start trading with TradeLTD is $250. There are three different accounts available for the traders and that is Standard, Premium, and VIP account. These accounts are different in minimum deposit option and features that they provide to traders.

    All three accounts have the following features available:

    • Maximum leverage: 1:200
    • Access to technical support
    • Minimum lot size: 10k/lot
    • Personal account manager
    • Instruments: FX, CFDs on commodities, indices, stocks, cryptocurrency

    The differences are listed below:

    Standard Account

    • $250 minimum deposit
    • Minimum spread: 2.5

    Premium Account

    • $5,000 minimum deposit
    • Minimum spread: 2.1
    • Rebate Program
    • Training 1:1
    • Trading signals

    VIP Account

    • $10,000 minimum deposit
    • Minimum spread: 1.5
    • Rebate Program
    • Training 1:1
    • Trading signals
    • Express withdrawals

    TradeLTD Software

    As we have already said, this broker offers over 250 assets that can be traded. However, South African traders are not able to see the complete list unless they make a deposit first. TradeLTD offers 3 different trading platforms to its users. Traders can choose any platform based on their experience and personal preference. These platforms are Webtrader, MetaTrader4, and the Mobile App.

    WebTrader

    To use this platform, it is enough to click on “web-trader” on the TradeLTD broker website and no further installation is required. Your account will be automatically connected to this platform type and you can start trading at any time.

    MetaTrader4

    This platform, which builds its mega popularity on simplicity and reliable trading techniques, will surely find a place among traders who want something better. The traders must download this powerful trading program with a large number of tools and actions available directly in it. What makes this software more special is its simplicity for the beginners and the possibilities in the options it provides.

    Mobile Application

    Traders who like to travel and trade at any time, have the opportunity to use mobile application. This application is available to all iOS and Android users and allows trading at times when it seems impossible. The only thing left for you to have is a good internet connection.

    TradeLTD Education Program

    According to the broker, with the help of a research and educational board, all traders have access to various types of e-books, crypto-courses, financial news, economic calendars and other programs that can help during trading. This kind of help is certainly welcome especially by novices who do not have the skills needed to trade.

    TradeLTD Support Information

    South African traders can contact TradeLTD via live chat, email, phone or through the online contact form. Also, on the broker site, you have two addresses which the broker lists as the broker’s location and the possibility of contact. What we were most interested in was customer support time that traders can use to contact the broker and it is: 8:00 am – 10:00 pm (GMT + 2) from Monday to Friday.

    TradeLTD Payment Methods

    What is strange is that this broker does not have a company that manages TradeLTD listed on their website, so in this case, we cannot even provide information about the owner. However, payment methods are available on their website and they are MasterCard, Skrill, Neteller, WebMoney, and Visa. We advise all potential traders to study well all the rules and possibilities in case they decide to deposit with this broker. South African traders should be careful of additional fees when making a deposit.

    Verdict

    We advise our South African readers to stay away from unregulated brokers like TradeLTD and always make a deposit with licensed brokers instead, for added security and benefits.

    Trade with IQ Option instead, the best regulated broker for South African traders!

TradeLTD articles

Other Broker Reviews