Tradefarm

Tradefarm | 2024-12-20 18:16

Abstract：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.

TradefarmReview Summary
Founded	2020-06-04
Registered Country/Region	Nigeria
Regulation	Unregulated
Market Instruments	Forex/Commodities/Stocks/Cryptocurrencies/Indices
Demo Account	✅
Leverage	Up to 1:500
Spread	From 1 Pip
Trading Platform	MT5(Windows/Web/macOS/Android/iOS)/Tradefarm App
Min Deposit	$50
Customer Support	Phone number: +234 903 105 1089
	Phone number: +44 1865 60 0102
	Email: info@tradefarm.io
	LinkedIn/Facebook/Twitter/Instagram/YouTube/Telegram

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

Pros	Cons
Leverage up to 1:500	Unregulated
Spread from 1 Pip	Unspecific transfer time and fee information
Demo account available
Various tradable instruments
MT5 available
Commission free
24/7 customer support

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.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptocurrencies	✔
Indices	✔
Precious Metals	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

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.

Account Type	Standard	Professional	Elite
Minimum Deposit	$50	$50	$100000
Leverage	Up to 1:500	Up to 1:200	Up to 1:200
Minimum size	0.01 lots	0.01 lots	0.01 lots
Spread	From 1 Pip	-	-
Commission	No	-	-
MT5	Yes	Yes	Yes

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.

Trading Platform	Supported	Available Devices	Suitable for
Mt5	✔	Windows/Web/macOS/Android/iOS	Experienced traders
Tradefarm	✔	-	-

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.

Broker Dealer

Related broker

No Regulation

Tradefarm

Company name：Tradefarm

Score

1.41

Website：https://www.tradefarm.io/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.41

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