Trading Road Review - How Is Trading Road Forex? How Low Can the Spread and Commission Be? - WikiFX

Trading Road Information

Trading Road Ltd is headquartered in Saint Lucia, and its registered address is Legal Services Ltd. Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet. Trading Road is a platform that offers a variety of financial trading services. Users can trade CFD products such as Forex, Commodities, Stocks, Indices, Energy, and Treasuries. They can conduct transactions on mobile phones, tablets, or computers through the MetaTrader5 platform. The platform also has a loyalty program and expert articles that provide trading insights and analysis.

Pros and Cons

Is Trading Road Legit?

Trading Road appears to be a legitimate trading company. It has a registered address and provides clear contact information. However, this brokerage firm is not regulated, which poses a relatively high risk. It is recommended that investors choose brokerage firms that are regulated by regulatory authorities, such as XM and IG.

What Can I Trade on Trading Road?

Trading Road offers a diverse range of trading instruments: more than 50 foreign exchange currency pairs with ultra-low spreads, global stock CFDs allowing trading without actually holding the underlying stocks, major mainstream indices, CFDs of agricultural products and energy commodities, as well as stable assets such as treasury bonds.

Trading Road Fees

The company emphasizes low trading costs and offers competitive spreads across various asset classes. However, the specific fee structures for different types of trades (such as commissions for stock trading or overnight financing fees for CFDs) are not clear. Traders should be aware of hidden fees.

Trading Platform

Trading Road provides the MetaTrader 5 platform, which applies to Windows, Huawei, iPhone, and Android devices, enabling traders to trade with flexibility. The MT5 also offers advanced analytical functions, including the ability to conduct in-depth analysis and create trading strategies by using proprietary algorithms and APIs.