TradeEU Review: Is It Safe?

There are many results when you search for forex broker scams on the internet. Even if the Forex Market is gradually getting more regulated, many unethical brokers still operate in the industry.*[1]

It’s important to recognize trustworthy and viable brokers when searching to trade forex and to stay away from the latter.

TradeEU is here with the goal of making it simple for both novice and experienced FX traders to start trading on its platform. TradeEU offers sophisticated trading tools and a simple dashboard to aid your endeavor. Their motto is to bring knowledge, simplicity, and fair play to trading online.

What Makes TradeEU Special?

To be able to quickly, efficiently, and effectively access marketplaces, TradeEU aims to make trade accessible to everyone and as simple to use as feasible. TradeEU provides trading accounts for all skill levels, first-rate assistance, and a tonne of helpful tools to help with crucial trading decisions.

TradeEU gives you all the tools required to set up your account, begin trading, and conquer the markets. The best part is TradeEU is SSL encrypted and regulated by CySEC.

Beyond A Trading Platform: From information about online trading to building an aim and to start using the platform. You have privy to a cutting-edge range of trading tools when you make choices and assemble a strong portfolio.

You Don’t Have To Trade Alone: TradeEU is aware that occasionally you will require assistance. The guidance of experts is available to support you at any moment, whether you need assistance with account setup or using trading tools.

Practice Trading at Your Own Pace: TradeEU works with you to outline your trading objectives, create an action plan, and keep you updated on the industry trends, news, assets, risks, and trading tactics. You control all the trading decisions; TradeEU is always there to assist you as needed.

Get A Comprehensive Understanding: You can learn something new with TradeEU and can access economic calendars, webinars, asset analyses, asset ratings, and more. It gives you the tools to navigate the markets and get an idea about the present and upcoming trading possibilities.

Licensed Broker, Open Trading, and Safe Payments: TradeEU abides by the rules the Cyprus Securities and Exchange Commission regulates it. A top-tier platform, TradeEU combines snipping technology with robust security standards.

Why Choose TradeEU?

TradeEU is simple: Since simplicity is the pinnacle of elegance, TradeEU is straightforward. Your time is valuable. Thus the platform was designed to be super simple as possible to get you up and running quickly.

Knowledge: A conviction that knowledge is power. You can trade with confidence and make wise decisions. With the aid of TradeEU‘s cutting-edge technologies, you may design a trading tactic and act swiftly depending on the information, but remember there is always a risk factor involved in the CFD marketplace.

Fair Play: TradeEU aims to eliminate any hurdles off your path to victory in online trading. TradeEU ensures that the platform is fair, transparent, and compliant with regulations.

Is Trade EU Safe?

While TradeEU is a CFD provider, for Forex and CFD traders for countries accepted (Residents of the United States, Canada, Israel, Iran, and Japan are not the intended audience for the content on TradeEU. While Non-Muslim forex traders are not eligible for Islamic forex accounts.), not only this, because now TradeEU is open to trade only in Portugal.

TradeEU is a reputable brand that offers a first-rate trading experience. Along with restricted access to MetaTrader, it delivers a diverse selection of markets and an outstanding array of custom platforms.

The Cypriot investment firm (“CIF”) Titanedge Securities Ltd, generally referred to as “the Company,” owns and runs the trade name and domain TradeEU.” The Company is incorporated and registered in accordance with Republic of Cyprus legislation; its registration number is HE 411909; it is also approved and subject to regulation by Cyprus Securities & Exchange Commission (CySEC); this is evidenced by the CIF license number 405/21. The Panayides Building, 1st floor, Office No. 11, 1 Chrysanthou Mylona Street, Ayia Zoni, 3030 Limassol, Cyprus, is home to the Company’s registered office.**[2]

Hence, TradeEU is legit.

Services Offered by TradeEU

The following investment and ancillary services are offered by the firm TradeEU under its Cyprus Investment Firm (CIF) license:***[3]

Investment Services:

(i) Receiving and sending customer orders for each financial instrument that the Company offers.

(ii) Execution of Orders in any Financial Instrument issued by the Company on behalf of the customer.

Ancillary Services:

(i) Custodianship and related services, such as cash/collateral management, are provided in connection with the aegis and management of financial instruments held on behalf of customers.

(ii) Giving credits or loans to investors to enable them to trade in one or more financial instruments when the lending company is itself a party to the transaction.

(iii) Foreign exchange services when they are associated with offering investment services.

Segregation of Accounts:

The Company’s primary goal is to safeguard its clients’ funds. Titanedge Securities Ltd, doing business as TradeEU in its registered trade name, constantly makes a tremendous effort to create an open trading environment that will protect its client’s personal information, money, and assets.

Thus, the Company ensures that the money belonging to its clients is held in separate bank accounts and placed in reputable, prestigious, and international financial institutions. The Company protects its clients’ money by never using it for its operations or any other investment.[4]

Cutting-Edge Technology:

With cutting-edge technology and the most recent, up-to-date, and sophisticated physical hardware and software, it protects all data systems by promising the security of all transactions done by its clients. The following are the services provided by TradeEU:

 

  • Strict firewalls and software that uses SSL to encrypt all data transmissions.
  • Level 1 PCI compliance services are used to moderate transactions.
  • Trading servers housed in data centers with SAS 70 certification.
  • Data servers for encrypted communications and transactions.

 

TradeEU takes serious precautions to protect the user’s personal data’s security and ensure that no one else has access to it. Employees and approved service providers who require it to do their jobs only have access to Personal Data. The customer is not permitted to divulge or share his or her log-in information with any third party.

The Company takes strong security measures to guard against loss, theft, copying, misuse, unauthorized access or disclosure, alteration, or destruction of Customers’ personal data.

Risk Warning: Tradeeu is the trading name of Titanedge Securities Ltd with Registration Number HE411909, regulated and authorized by the Cyprus Securities and Exchange Commission under license number 405/21. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% 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 risk losing your money.

FAQs

How can I signup for a TradeEU account?

To open an account, you need to click on “Open an Account,.” The registration page will be linked to you, where you have to enter your personal information and set up your account.

What documentation is required for KYC at TradeEU?

You must give TradeUE proof of your identity and address in order to validate your account in accordance with the KYC (know your customer) procedure. This is a standard requirement set forth by regulators and by CySEC policy. You will be led through it step-by-step by the support staff.

Why do I have to complete the KYC process?

All regulated financial services providers must carry out this procedure with all account holders. This procedure is in place to make the trading environment as safe as possible.

What should I do if none of my invoices are in my name?

Here are some alternative options:

 

  • Ask your local government for a certificate of residence.
  • Request a letter of reference from your bank attesting to your residence.
  • As an alternative, you could provide an affidavit from a lawyer, the court, or the police to confirm your residential address.

 

Please take note that the aforementioned document must be dated, signed, and have the seal or stamp of the appropriate authority in each of the instances mentioned above.

Can I lose more money than I deposited?

TradeEU’s major priority is risk management, and as part of the CySEC regulation package, they have introduced the “Negative Balance Protection” norm. With this feature’s help, you can ensure that your trading risk will never exceed your invested money.

 

[1] *This financial information is quoted from Investopedia
[2] **This financial information is quoted from Cyprus Securities and Exchange Commission
[3] ***This financial information is quoted from TradeEU
[4] ***This financial information is quoted from Hellagood.Marketing

 

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