TradersHome Review

TradersHome Review

Introduction to TradersHome Review

(2.5)

TradersHome, according to their website, prioritizes clients’ interest and financial goals by providing excellent trading services.

TradersHome offers absolute, goal-oriented, and professional investment guidance; as well as a secured and user-friendly online trading platform.

They also guarantee goal-oriented and professional investment guidance, the security of funds, user-friendly platforms, more than 250 financial instruments across multi-asset classes available for trade, and more. 

TradersHome was just established in 2018, yet they have managed to show competence and excellence in the field of brokerage, not to mention, a large loyal user base.

Surprising as it may be that a company just fresh off the boat has already built a strong reputation and a positive impression in the industry, in the case of TradersHome, it really manifests.

This review serves as an analysis of the pros and cons of the features of TradersHome, from the trading platform to the account types they offer. The goal is to help all kinds of investors distinguish what advantages could be gained from trading with one of the fastest-growing brokers today.

TradersHome Account Types

Traders have many options to choose from when deciding to trade with TradersHome.

They have six different available account types, all of which have different perks and benefits that are definitely worth the initial required deposit. They are more affordable compared to the typical offers from different brokers.

Here, we break down the different account types, whom they are perfect for, the inclusive features for each, and how much minimum deposit is required.

Student Account

This is the most basic of all the account types and is perfect for startup traders who want to learn and experience trading for the first time.  Those who don’t want to allot a generous amount right off the bat or have a limited budget for day-to-day expenses (much like most university students) will also benefit from this account type.

The TradersHome Student Account is inclusive of:

  • Mobile Trading
  • 24 Hour Trading 
  • Min Lot Size: 0.01
  • Trading Platform: MT5
  • Minimum Deposit: $250

With the MT5 platform available on mobile five days a week, not to mention a minimum lot size of 0.1, all for the cost of $250. This package already looks promising than most beginner trading accounts offered in the industry, and very considerate of the target “student” traders demographics. Not every broker has such account.


Starter Account

The TradersHome Starter Account is for those who have knowledge in the world of financial market trading but do not consider themselves as experts.

The starter account includes:

  • Mobile Trading
  • 24 Hour Trading 
  • Min Lot Size: 0.01
  • Trading Platform: MT5
  • Minimum Deposit: $2,500
  • Islamic Account

Compared to the student account, this option provides more flexibility while still being considerate of the cost.

It also allows traders to gain more knowledge about the market whilst having more potential for profitability.


Premium Account

For traders looking for a more in-depth trading experience, this account offers better tools and allows for a more multifaceted trading portfolio capability.

The premium account has all the features of a starter account plus available support from your own account manager, with the inclusion of the daily market analysis for the minimum deposit amount of $10,000.

This account is perfect for those with adequate know-how of the trading world but still feel a little reserved to engage in aggressive trading.

That’s where the account manager support and daily analysis comes in handy as they ensure that your activities and investments are reasonable, and risk-controlled.

All in all, the premium account includes:

  • Mobile Trading
  • 24 Hour Trading 
  • Min Lot Size: 0.01
  • Trading Platform: MT5
  • Minimum Deposit: $10,000
  • Daily Analysis
  • Islamic Account 
  • Account Manager

Advanced Account

Similar to the premium account, the TradersHome Advanced Account allows for the same secured technical trading as it has most of the same features as the latter.

The advanced account is for the people who are looking for a trading account that has more profitability yet remains on a reasonable investment price level.

The TradersHome Advanced Account, much like the premium, is inclusive of:

  • Mobile Trading
  • 24 Hour Trading 
  • Min Lot Size: 0.01
  • Trading Platform: MT5
  • Minimum Deposit: $25,000
  • Account Manager
  • Daily Analysis 

The only downside is that it cannot operate as an Islamic account which doesn’t seem to make sense for something that requires a $25,000 minimum deposit.

However, this is suitable for non-Muslim traders who already have “advanced” knowledge of the financial market without much trading experience. If you want to engage in the financial market trading and investing, this is the best level to begin without splurging ludicrous amounts of money or your retirement fund.

Pro Account

The pro account, as the name suggests, is tailored for adept and experienced traders.

The TradersHome Pro Account includes:

  • Mobile Trading
  • 24 Hour Trading 
  • Min Lot Size: 0.01
  • Trading Platform: MT5
  • Minimum Deposit: $50,000
  • Account Manager 
  • Islamic Account 
  • Daily Analysis
  • Fixed Spreads

Fixed spreads are a great addition for ensuring your investment’s protection during volatile trade sessions, especially for a huge amount such as $50,000, they are almost a necessity when engaging in trading.

VIP Account

Lastly, TradersHome offers the VIP Account to traders who are willing to deposit $100,000 initially.

However, the VIP account’s features and perks are kept in secret and are all listed as gift icons on their website.

Though we may not be certain about what’s included in this package because let’s face it, not many people can allot a hundred grand to be spent for an account of this caliber, we presume that it is comprehensive with the addition of extra tools, features, and information.

If you have availed the TradersHome VIP Account, spill the beans as we’re excited to know too! Share what you know in the comments section below.

 

Trading Products

trading products tradershome

According to the TradersHome website, it offers the following trading tools and products regardless of which account type you choose:

Global currencies — Trade the currency exchange market on over 90 pairs 24 hours a day 5 days a week., from just 0.3 pips.

Spot commodities — Trade on a vast range of commodities. Spot Gold from 0.4 pips, Spot Silver from 3 pips, and Crude Oil from 6 pips.

Indices — TradersHome’s spot indices allow you to invest in all market segments with short commissions, low margin, and fair tight spreads.

Spot Energies — Trade spot energies including WTI Crude Oil, Natural Gas, and Brent with best conditions and transparent execution.

Cryptocurrencies — Trade top cryptocurrencies like BTC, BCH, and ETH. Invest in the prices rise and falls of the market with 0 commission fees.

Spot Shares — With TradersHome you can buy and sell more than 1000 shares in the world’s leading companies with a hit of a button.

Simply put, TradersHome enables users to engage in multi-assets trading and across various trading instruments. It doesn’t feel new for brokers to have this, but for a company that was just established in 2018, we think they’re doing very well and are really trying their best to catch up with the competition. The diversity and adaptability that TradersHome has maybe why they are one of the fastest-growing online brokers today and a loyal user base that’s continuously increasing.

TradersHome Trading Conditions

But the important question remains to be asked. Is it safe to trade with TradersHome? On the TradersHome Trading Conditions page, they claim to offer trading services that you can rely on. They also assure all account type holders of secured funding options, fast withdrawal without charges, flexible leverage up to 1:400, and that the trading platform (MetaTrader 5) they use as their medium is safe and advanced.

All traders need a well-grounded trading environment. Clients are offered with a refined suite of trading assets and options. The key trading benefits offered to our Student, Starter, Premium, Advanced, Pro and VIP accounts are:

We believe this holds true. There are many online brokers that promise your security when deciding to use their platform and it’s the ideal scenario when a user earn through their services. As it stands, TradersHome has been very observant and concerned about these things, and for a company so young, you’d be surprised that their drive to deliver safe and secure brokerage services is actually really persistent. TradersHome, so far, have shown that they really care about their user base.

Conclusion on TradersHome Review

We have said it before throughout this review, and we’ll say it again. TradersHome, established in 2018, is still a really young online brokerage firm. But they already have managed to surpass most trading companies for only a short amount of time.

They have shown so much promise in this industry and still continue to do well in offering traders, not only what they need, but what they want as well.

TradersHome, of course, is still not perfect.

According to some users, there may be some issues when it comes to the support front of the firm, and although we haven’t experienced this for ourselves, we think that’s an area that needs drastic improvement.

That being said, we believe this issue is not a deal-breaker for most users and considering how fast its customer-base is growing day by day, sometimes a little downtime can be forgiven.

So, our verdict based on TradersHome Review above?

Trade with TradersHome!

Trade with TradersHome!

  • Support
    (2.5)
  • Platform
    (2.5)
  • Spread
    (2.5)
  • Trading Instrument
    (2.5)
2.5
Comments Rating 4.97 (112 reviews)