Tradingnetwork Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-30 18:56

Abstract：Registered in Dominica, Tradingnetwork is a broker that offers access to 12000+ assets and 4 major accounts with a maximum leverage of 1:500. The spread is as low as 0.4 pips and commission-free. The customer support team is available 24/5 by email, phone, and call-back requests. Of course, they are rewarded with bonuses for their referrals.

Tradingnetwork Review Summary
Founded	2-5 years
Registered Country/Region	Dominica
Regulation	Unregulated
Market Instruments	Forex pairs/Hot Commodities/Appealing/Stocks/Indices
Demo Account	/
Leverage	Up to 1:500
Spread	From 0.4 pips
Trading Platform	Trading Network Webtrader
Min Deposit	$250
Customer Support	Email: support@iradingnetwork.co/compliance@tadingnetwork.co

Tradingnetwork Information

　　Registered in Dominica, Tradingnetwork is a broker that offers access to 12000+ assets and 4 major accounts with a maximum leverage of 1:500. The spread is as low as 0.4 pips and commission-free. The customer support team is available 24/5 by email, phone, and call-back requests. Of course, they are rewarded with bonuses for their referrals.

Pros and Cons

Pros	Cons
24/5 customer support	Unregulated
Spread as low as 0.4 pips	MT4/MT5 unavailable
Leverage up to 1:500
12000+ optional assets

Is Tradingnetwork Legit?

　　Tradingnetworkis not regulated, making it less safe than regulated brokers.

What Can I Trade on Tradingnetwork ?

　　Traders have more than 12,000 assets to choose from as their investments. There are Forex pairs, hot commodities, appealing, the most popular stocks, and indices, which will make it easier to diversify your portfolio.

Tradable Instruments	Supported
Forex	✔
Hot Commodities	✔
Stocks	✔
Appealing	✔
Indices	✔
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　Tradingnetwork has four account types: MEGA, GIGA, TERA, and PETA. Traders who want leverage can choose a PETA account, while those with a small budget can open a MEGA account.

Account Type	MEGA	GIGA	TERA	PETA
Minimum deposit	$250	$2000	$15000	$50000
Min. Spread	2.4 pips	1.4 pips	0.4 pips	0.4 pips
Max. leverage	1:500	1:400	1:200	1:100

Tradingnetwork Fees

　　The spread starts from 0.4 pips, with No Commissions, no hidden fees, and no charges. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

　　Tradingnetwork provides Trading Network Webtrader instead of MT4/MT5. MT4 and MT5 provide various trading strategies and implement EA systems.

Trading Platform	Supported	Suitable for
Trading Network Webtrader	✔	Beginners

Deposit and Withdrawal

　　The first deposit amount must be $250 or above. Tradingnetwork accepts VISA, MasterCard, Maestro, wire transfers, and more for deposit and withdrawal. However, due to the official website being inaccessible, transfer processing times and associated fees are unknown.