TradeFW Journal
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TradeFW Profile
Website
Year
2016
Country
Cyprus
Branches
1
Regulation
CySEC Cyprus
Registration
CySEC Cyprus, FCA UK
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
х Canada, Iran, Israel, Japan, US
Broker type
STP
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
4
LPs quality
Other
LPs names
CTRL Investments, NSFX, OBR Investments, X-Trade Brokers
TradeFW Accounts
STP
Minimum Deposit
250 $
Leverage
500 : 1
Minimum Lot
0.1 lots
EURUSD spread
1.7 pips
Commission
0 $/lotRT
Volume
...
Margin Call
100 %
Stop Out
5 %
Execution
Market
Spread
floating
Scalping
...
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Sofort, Trustly
Base currency
USD, EUR, GBP
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 2 months
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- Full listing profile: TradeFW broker profile
Is TradeFW safe?
- Investor protection: Cyprus Investor Compensation Fund (ICF)
- Regulation: CySEC Cyprus
- Registration: CySEC Cyprus, FCA UK
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: yes
- Negative Balance Protection: yes
Is TradeFW trusted?
- Information transparency: high
★★★★★ - Customer service: virtually non-existent
★ - TradeFW website: semi-detailed, updated
★★★ - TradeFW popularity (by visitor count): low visits
★★
How TradeFW works
12.2. The Client acknowledges that the Company enters into transactions with the Client as an agent since the Company will transmit orders to Liquidity Providers/Market Makers for execution.
21.16 Specifically, it is understood that the Company arranges for the execution of Client Orders with another entity (the Liquidity Provider/Market Maker) and does not execute them itself as a principal to principal against the Client.
...the Company operates on a “negative balance protection” basis, which means that the Client cannot lose more than his/her overall investment per trading account.
https://www.tradefw.com/wp-content/uploads/iTrade_Global_TCs_November-2020.pdf
All orders are forwarded to two third-party Liquidity Providers:
(1) NSFX Limited which is regulated by the Malta Financial Services Authority
(2) X-Trade Brokers DM SA which is authorized and regulated by the Komisja Nadzoru Finansowego (KNF) in Poland
(1) NSFX Limited which is regulated by the Malta Financial Services Authority
(2) X-Trade Brokers DM SA which is authorized and regulated by the Komisja Nadzoru Finansowego (KNF) in Poland
https://www.tradefw.com/wp-content/uploads/MIFID-II-RTS-28-REPORTING-2019.pdf
Prices are provided by the Market Maker of the Company. The trading rates assigned to the assets on the
Company’s website are the ones at which the Company is willing to sell Forex/CFDs
to its Customers at the point of sale. As such, they may not directly correspond to real
time market levels at the point in time at which the sale of options occurs.
https://www.tradefw.com/wp-content/uploads/iTrade_Global_Risk_Disclosure_Notice.pdf
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