Tradesparkle Review

General Information

Broker Name: Trade Sparkle

Broker Type: Forex and CFDs

Regulation: N/A

Year of establishment: 2022

Headquarter Country: UK

Customer Service

Phone: N/A

Email: contact@trade-sparkle.com

Languages: English

Availability: 24/5

Address: Suite, 93, 101 Greenfield Road, London E1 1EJ

Trading

Trading Platforms: Proprietary

Minimum Deposit: $10,000

Mobile trading: YES

Web-based trading: YES

Demo Account: N/A

Bonuses: N/A

Leverage: 1:500

Spread: Floating

Tradesparkle General Information & First Impressions

Tradesparkle is a well-organized, innovative brokerage that aims to offer trading services for various assets to customers. It’s a CFD broker that has trading instruments from various categories. The broker’s focus is forex trading, as well as crypto and indices, but the other prominent classes are present as well. Our Tradesparkle review will introduce you to the company and help you set your expectation.

Some people have some negative preconceived notions about CFD brokers. Some even go as far as to say CFDs themselves are a scam and guarantee a bad experience. However, they are either uninformed or deliberately spreading misinformation. In reality, CFDs have their own specificities, but in our opinion, they’re the most beneficial way to trade for the average trader.

We can see a lot of those advantages present at Tradesparkle. For example, the versatile library and low trading costs couldn’t have been possible without CFDs. Unless you intend to become the majority shareholder at a company, CFDs are the way to go.

As for the broker at hand, we’re glad it incorporated CFDs, as well as numerous other features that show us it’s a modern brokerage. When you look at the broker’s website, that becomes apparent with the visual layout and informational presentation.

The broker makes sure you can go through its features and conditions quickly and make a smart decision. It shows the broker’s integrity and shows that it respects its customers’ time. The website also runs well no matter what device you’re accessing it with. That means both mobile-first users and those on computers can have an equally good experience.

With that, the broker has made us fairly optimistic for our tradesparkle.com review. Let’s look at what else it can provide you as a customer with.

Fund and Account Security

Security is undoubtedly one of the first thing many, as they should, look at when choosing a new brokerage. Scammers have a penchant for the trading world, and especially online trading, which is relatively poorly regulated.

Even where the regulation is stricter, the infrastructure to pursue scammers simply isn’t there. International influence is often weak, and extradition laws can prevent them from getting sent to prison. That’s why brokerages that operate from low-regulation areas are especially dangerous.

However, the situation is undoubtedly better than a few years ago. Legislators seem to have finally accepted online trading as a mainstay and have made some efforts to legitimize it. As such, if you’re careful, you can avoid losing money to scams.

However, a lot of traders, especially if they’re new, lack the knowledge to do so. That’s why we’ll devote a part of our Tradesparkle review to figuring out whether the company is legit.

And luckily, there’s nothing that would point otherwise. The broker behaves in a way that displays integrity and respect for its customers. Tradesparkle likes to keep users fully informed, and its website is transparent and clear.

Furthermore, if you don’t feel like you have all the necessary info, you can always look over to the formal documents. You should find exact details about many of the broker’s features there if they aren’t on tradesparkle.com already.

And even if it were to turn rogue, the broker operates from a major financial hub. Since it’s in London, Tradesparkle is under some of the most vigilant regulators out there. That way, even if it were to try something against users, it’d get stopped before doing any real damage. We don’t foresee you’ll have any trouble with Tradesparkle security-wise.

Account Info at tradesparkle.com

While Tradesparkle’s account structure may look familiar to you, the contents are innovative and fresh. First off, the structure itself is the classic tiered system, with accounts all strictly outperforming one another. Each option requires you to meet a different deposit threshold, so there’s no actual cost attached to any of them.

The cheapest option starts at $250, which shouldn’t be daunting even if you’ve never traded before. Even the base account has luxury options, such as risk-free trades that improve your odds significantly. That means the broker doesn’t discriminate against the users that may be on a slightly stricter budget.

Of course, as we said earlier in our Tradesparkle review, the broker is versatile. And versatility means it needs to be able to satisfy luxury users as well as those on a budget. It achieves that with its higher-tier accounts, which introduce numerous helpful features.

Some of the properties are in the realm of assistance, such as personalized trading alerts. The broker helps you pick out breakout assets and buy them at the right time to maximize your gains. It can also help you improve your trading game, as you can analyze why the assets behave the way they do.

Lastly, you have the Platinum account, which maxes out the broker’s offer. It promises additional leverage, as well as expedited withdrawals and lower fees. If you feel comfortable with the price point, that’s definitely the account you should go for, as it will help your profits over time. Here are the account conditions at tradesparkle.com:

• Bronze

Min. Deposit: $250

Personal Account Manager

Basic Market Education Sessions

Personalised Trading Alerts

Risk Free Trades

• Silver

Min. Deposit: $25,000

Personal Account Manager

Basic Market Education Sessions

Personalised Trading Alerts

Risk Free Trades

Practical Guided Trading Sessions

• Gold

Personal Account Manager

Basic Market Education Sessions

Personalised Trading Alerts

Risk Free Trades

Practical Guided Trading Sessions

Higher Leverage

• Platinum

Min. Deposit: $100,000

Personal Account Manager

Exclusive access to our VIP Trading Signals Telegram Channel

Risk Management Strategies and Guidance

Basic Market Education Sessions

Personalised Trading Alerts

Risk Free Trades

Practical Guided Trading Sessions

Higher Leverage

Immediate & No fee Withdrawals

Independent Contract

Premium Platform Support

Tradesparkle’s Trading Platform

Tradesparkle also has a sophisticated trading platform that traders can use to assist them while trading. It’s intuitive to use and learn, making transitioning to Tradesparkle from another broker a piece of cake. Even if you’ve just started trading, the platform is easy enough to understand to where you shouldn’t have any issues adapting.

Analytically, it provides numerous helpful features, such as visual indicators. They can help you visualize data and conclude when certain trends will occur with specific assets.

There’s also some automation in the form of take wins and stop losses. That way, if a sudden market shift happens while you’re not near your platform, you don’t need to worry about losing money. Altogether, the platform is an immensely helpful tool that ties together the broker’s service nicely.

Conclusion

Tradesparkle is one of the few upcoming brokers that manage to be both open and potent. It has numerous features for both newer and more experienced traders and balances its service nicely. It doesn’t tilt too far to either side, so anyone who signs up can have a pleasant experience.

If you’re interested by what you’ve seen in our Tradesparkle review, we suggest you sign up and try it. It’s a safe brokerage with numerous helpful features, so you can’t go wrong.