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Trade Deal Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-13 15:54

Abstract:Trade Deal is an online discount brokerage firm that provides its clients with access to various trading tools, icluding Stocks, Futures, Options, Currencies, ETFs and Bonds through the Trade Deal APP. However, the company fails to disclose detailed information regarding its trading conditions. In addition, it lacks a legitimate regulatory license from any authorized body.

Trade Deal Review Summary
Founded2021
Registered Country/RegionIndia
RegulationUnregulated
Market InstrumentsStocks, Futures, Options, Currencies, ETFs, Bonds
Demo Account❌
Leverage/
EUR/USD Spread/
Trading PlatformTrade Deal APP
Min Deposit/
Customer SupportLive chat, contact form
Tel: +91 07948061920; +91 07948061594
Email: info@tradedealonline.com; info@econobroking.com
X: https://twitter.com/EconoLtd
Facebook: https://www.facebook.com/EconoBrokingPvtLtd/
Instagram: https://www.instagram.com/econo_broking/
Linkedin: https://www.linkedin.com/in/econo-broking-99b63b215/
Physical address: Econo Broking Private Limited Eva-1,Office No-105, Atabhai chowk , Bhavnagar-364 002

  Trade Deal is an online discount brokerage firm that provides its clients with access to various trading tools, icluding Stocks, Futures, Options, Currencies, ETFs and Bonds through the Trade Deal APP. However, the company fails to disclose detailed information regarding its trading conditions. In addition, it lacks a legitimate regulatory license from any authorized body.

Trade Deal's homepage

Pros and Cons

Pros Cons
Diverse tradable assetsNo regulation
Live chat supportNo demo accounts
Comprehensive contact channelsLimited info on trading condition
No reliable platform
Unknown payment methods

Is Trade Deal Legit?

  No, Trade Deal operates without any legal regulatory oversight, which is a significant concern. Therefore, you are advised to avoid depositing or investing funds with this entity.

No license

What Can I Trade on Trade Deal?

  Trade Deal claims to offer trading in Stocks, Futures, Options, Currencies, ETF and Bonds. However, when we try to access the information about trading tools on their official website, the page fails to load, rendering us unable to obtain any specific details. Given that Trade Deal is not regulated at all, this lack of transparency should not come as a surprise.

Tradable Instruments Supported
Currencies✔
Stocks✔
Bonds✔
Options✔
ETFs✔
Futures✔
Commodities❌
Indices❌
Cryptocurrencies❌
Global market

Commission

  Trade Deal charges certain brokerage fees.

  For intraday trading, a fee of 0.01% or Rs. 18 (whichever is lower) will be charged.

  For delivery trading, a fee of 0.1% or Rs. 18 (whichever is lower) will be charged. For Call & Trade, the fee is a flat Rs. 18.

Pricing

Trading Platform

  Trade Deal provides a self-developed platform called Trade Deal Smart APP, available via both iOS and Android systems. While the platform may appear professional, an unregulated broker cannot guarantee the reliability of its platform. Therefore, you'd better choose a regulated broker that offers well-known and trusted platforms like MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
Trade Deal APP✔Mobile/
MT4❌/Beginners
MT5❌/Experienced traders
Trade Deal APP

Related broker

No Regulation
Trade Deal
Company name:Econo Broking Private Limited
Score
1.55
Website:https://www.tradedealonline.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.55

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