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Score
Mauritius
5-10 yearsSuspicious Regulatory License
Suspicious Overrun
High potential risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index7.15
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
General Information & Regulation
TradeApp (www.tradeapp.com) is a registered EU trademark (no. 018031349) exclusively used as a brand name of Depaho Ltd, a registered Cyprus Investment Firm regulated by CySEC with license no. 161/11 and authorised by the FSCA with license no. 47709 and with an established branch in Spain with registration no. 123 under the CNMV.
Market Instruments
TradeApp offers investors a range of CFD instruments, including Forex currency pairs, commodities, indices, stocks, exchange-traded funds, and cryptocurrencies.
TradeApp Minimum Deposit
TradeApp offers five investment plans for retail clients: Starter Plan (asset level: $250-$1,000), Silver Plan (asset level: $1,000-$2,000), Gold Plan (asset level: $2,000-$5,000), Gold Plus Plan (asset level: $5,000-$1,000), Ninja Plan (asset level: $10,000+). However, the minimum deposit for starting with TradeApp is $5, which sound a good option for traders to get started.
TradeApp Leverage
In terms of tarding leverage, the maximum leverage is up to 1:30 for major currency pairs, 1:20 for gold, major indices, minor currency pairs, 1:5 for single stock trades, 1:2 for exchange traded funds and 1:2 for cryptocurrency CFDs.
Spreads & Commissions
The spread on the TradeApp platform is 4 pips for EURUSD and 4 pips for EURGBP, which is well above the industry standard. The Starter plan gets a 10% spread and SWAP discount, and the Silver plan gets a 15% spread and SWAP discount. The Gold account gets a 25% spread and SWAP discount, the Gold Plus account gets a 35% spread and SWAP discount, and the Ninja plan gets a 45% spread and SWAP discount.
TradeApp Trading Platform
TradeApp provides traders with an in-house trading software rather than the most popular MT4/MT5 trading platforms.
Deposit & Withdrawal
TradeApp supports traders to deposit and withdraw funds to and from their investment accounts via various payment methods, such as VISA, MasterCard credit/debit cards, PayPal, Skrill, Neteller, Rapid Transfer wire transfer, etc.
TradeApp Pros & Cons
TradeApp Advantages include:
1. CySEC regulation
2. Easy product enrichment
3. 24/7 customer support
4. Different investment plans
5. Multiple deposits and withdrawal methods
TradeApp Disadvantages include:
1. High minimum initial deposit requirements
2. Non-MT4/MT5 trading platform
3. High spreads & high transaction costs
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