Tradefarm

Tradefarm Information

Tradefarm is a broker. The tradable instruments include forex, commodities, stocks, cryptocurrencies, and indices. The broker also provides three accounts with a maximum leverage of 1:500. The minimum spread is from 1 Pip and the minimum deposit is $50. Tradefarm is still risky due to its unregulated status.

Pros and Cons

Is Tradefarm Legit?

Tradefarm is not regulated, making it less safe than regulated brokers.

What Can I Trade on Tradefarm?

Tradefarm offers 1000+ market instruments, including forex, commodities, stocks, cryptocurrencies, and indices.

Account Type

Tradefarm has three account types: standard, professional, and elite. Traders who want low spreads and low leverage can choose a professional account, while those with a sufficient budget can open an elite account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Tradefarm Fees

The spread is from 1 Pip, the commission is 0. 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

Tradefarm launched proprietary apps and cooperated with the authoritative MT5 trading platform available in Windows, web, macOS, Android, and iOS to trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.

Deposit and Withdrawal

The minimum deposit is $50. Tradefarm accepts Bank transfers, Bitcoin, Visa, Mastercard, etc. for deposit and withdrawal. However, transfer processing times and associated fees are unknown.