Score
TradeApp
Mauritius|5-10 years| https://www.tradeapp.com/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
United States 3.49Contact
Licenses
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Mauritius
5-10 years Suspicious Regulatory License Suspicious Scope of Business Suspicious Overrun High potential riskUsers who viewed TradeApp also viewed..
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Website
tradeapp.com
Server Location
United States
Website Domain Name
tradeapp.com
Server IP
13.224.127.70
Company Summary
General Information & Regulation
TradeApp (www.tradeapp.com) is a registered EU trademark (no. 018031349) exclusively used as a brand name of Depaho Ltd, a registered Cyprus Investment Firm regulated by CySEC with license no. 161/11 and authorised by the FSCA with license no. 47709 and with an established branch in Spain with registration no. 123 under the CNMV.
Market Instruments
TradeApp offers investors a range of CFD instruments, including Forex currency pairs, commodities, indices, stocks, exchange-traded funds, and cryptocurrencies.
TradeApp Minimum Deposit
TradeApp offers five investment plans for retail clients: Starter Plan (asset level: $250-$1,000), Silver Plan (asset level: $1,000-$2,000), Gold Plan (asset level: $2,000-$5,000), Gold Plus Plan (asset level: $5,000-$1,000), Ninja Plan (asset level: $10,000+). However, the minimum deposit for starting with TradeApp is $5, which sound a good option for traders to get started.
TradeApp Leverage
In terms of tarding leverage, the maximum leverage is up to 1:30 for major currency pairs, 1:20 for gold, major indices, minor currency pairs, 1:5 for single stock trades, 1:2 for exchange traded funds and 1:2 for cryptocurrency CFDs.
Spreads & Commissions
The spread on the TradeApp platform is 4 pips for EURUSD and 4 pips for EURGBP, which is well above the industry standard. The Starter plan gets a 10% spread and SWAP discount, and the Silver plan gets a 15% spread and SWAP discount. The Gold account gets a 25% spread and SWAP discount, the Gold Plus account gets a 35% spread and SWAP discount, and the Ninja plan gets a 45% spread and SWAP discount.
TradeApp Trading Platform
TradeApp provides traders with an in-house trading software rather than the most popular MT4/MT5 trading platforms.
Deposit & Withdrawal
TradeApp supports traders to deposit and withdraw funds to and from their investment accounts via various payment methods, such as VISA, MasterCard credit/debit cards, PayPal, Skrill, Neteller, Rapid Transfer wire transfer, etc.
TradeApp Pros & Cons
TradeApp Advantages include：
1. CySEC regulation
2. Easy product enrichment
3. 24/7 customer support
4. Different investment plans
5. Multiple deposits and withdrawal methods
TradeApp Disadvantages include:
1. High minimum initial deposit requirements
2. Non-MT4/MT5 trading platform
3. High spreads & high transaction costs
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Suspicious Overrun
- High potential risk
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