Tradershome broker review – scam or good broker?
Tradershome broker review and the most important thing we will discuss here. The tradershome broker is relatively young for the financial sector, but which has already been able to establish itself in the market and acquire different opinions about itself.
We have studied in detail the activities of tradershome, its advantages over other companies and, most importantly, real reviews about the broker.
The purpose of our review is to give as much information as possible about the broker, about its activities, so that each trader can make the right decision for himself whether to work with tradershome or not.
Recall that tradershome is a relatively young company that started its activities in 2018.
Perhaps, for some traders, this can already become an argument not to start trading, because, as everyone knows, there are many fly-by-night companies and deceptions in the financial market.
But we also understand that any successful company that has established itself was also a beginner in its time.
Therefore, the opinion that it is not worth trading with the tradershome broker because of your young age is only subjective.
Tradershome broker review – trading conditions
We want to add and consider tradershome’s trading conditions to the Tradershome broker review and will already see the big picture, which will help us draw any conclusions.
- Leverage up to 1: 400;
- 250 financial instruments;
- Zero transaction fees;
- The minimum deposit is $ 250;
- The minimum volume is 0.01 lot;
- Daily analytics and trading 24 hours;
- No slippage or requotes;
- Trading times are daily Monday (00:05) through Friday (11:55 pm), or Sunday (5:05 pm EST) through Friday (4:55 pm EST)
Based on the trading conditions, we can already draw some conclusions for ourselves:
The tradershome broker provides its traders with a leverage of 1: 400, which is very important for successful trading.
This is an advantage over some companies, as some brokers provide less leverage, for example 1: 200.
There are also brokers whose leverage is significantly higher, for example 1: 1000.
Now let’s talk about the tradershome’s minimum deposit of $ 250. This is a fairly common minimum amount for many brokers.
We also note that this is an advantage over other brokers, whose minimum deposit is $ 500 and above.
One of the really significant advantages can be called – Trading and analytics 24 hours. This helps traders choose comfortable trading hours for themselves, this is especially important for beginners who are just starting to try themselves in the role of a trader and, in addition to trading in financial markets, they conduct other main activities.
Each trader chooses for himself how much time he is ready to devote to trading.
As for the site, we can say that it is quite user-friendly. The design is virtually indistinguishable from many other brokerage sites. We can say that tradershome borrowed many design elements from its competitors.
Does this affect the quality of the broker’s work? Definitely not. We will understand further.
Also note that the site is only in three languages: English, Russian and Arabic.
Real reviews about Tradershome.
After examining many sources where traders share their opinions about tradershome.
We can say the following:
- Communication problem. Many traders write that it is very difficult to contact the company’s specialists. And this is a serious and big minus! If a broker does not pay enough attention to his clients, then this can seriously affect the quality of trading. Questions arise. Negligence? Unprofessionalism? Physically unable to devote enough time to each of their clients? In any case, draw conclusions for yourself. How important is the help of specialists. After all, help can always be needed at any time, even if you are a professional trader and have long been accustomed to doing everything alone.
- The problem with the withdrawal of money! A lot of traders literally shout about it on different sources! If someone really had and still has problems with the withdrawal of funds, then this company can immediately put a huge cross! Even without paying attention to the positive reviews that are also present. Even if only 10% of 100% of traders faced the problem of withdrawing money. The risk is very high to be in this 10%.
Everyone knows that trading in financial markets is a high risk ALWAYS! And this risk increases thousands of times if you trade with an unscrupulous broker. Which does not provide training to its traders, who does not get in touch on time and, of course, failures when withdrawing profit. All these signs lead to a loss of your money.
Make the right conclusions, do not fall for the bait of scammers.