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Tradesto is a relatively new broker based in Saint Vincent and the Grenadines. The company`s website states that its founder organizations have sixty years of experience in trade, investment, technology, and finance.
The company has an office in the UK. Tradesto is regulated by the FCA (Saint Vincent and the Grenadines), VFSC (Vanuatu), and ASIC (Australia).
Trading conditions
Tradesto clients have access to 50 currency pairs, as well as several types of CFDs.
Traders can open the following account types: standard, Islamic, joint, corporate, ECN, and MAM. The leverage level is up to 1:500. Spreads are floating. At the same time, the broker charges a commission ofs about $10 per lot (or $1 for a mini-lot). To start working with Tradesto, you just need to top up your trading account with at least $100.
The company uses the popular MetaTrader4 platform for trading.
Special offers and bonuses
We did not find any information about current promotions and bonuses on the broker`s website.
Training
On the company`s website, there is a section on how to start working with the broker (How To Start?). It features a fairly detailed instruction for beginners. There are also financial news, an economic calendar, daily video reviews, as well as a FAQ section.
Besides, traders have the opportunity to try their hand at trading using a demo account. However, in order to activate it, it is necessary to specify all personal details.
Support service
Investors can contact the support service by phone or through a feedback form on the broker`s website. In the latter case, an answer is set to be provided within one working day.
The customer service is available in English, Chinese, Vietnamese, Thai, and Malay.
The broker has profiles in almost all popular social media platforms.
Deposit and withdrawal of funds
Tradesto has a section on its website which covers the ways to deposit and withdraw funds. In addition, the information on the approximate duration of operations for each of the methods is specified.
The most commonly used methods are bank transfers and credit/debit cards. Besides, traders can use e-wallets such as Neteller, FasaPay, etc.
Feedback from traders
Most traders cooperating with Tradesto complain about a limited number of deposit and withdrawal methods, as well as a small set of financial instruments.
Advantages and disadvantages
A relatively low initial deposit, a wide range of account types, a demo account, as well as the fact the broker is regulated can be seen as advantages.
The disadvantages of Tradesto include high commissions, the lack of bonuses, and rather complicated ways of contacting the support team.
