Tradeo Journal (Broker out of business)
| Journal status: closed Tradeo out of business |
Tradeo Profile
Website
tradeo.com
Year
2011
Country
Cyprus
Branches
1
Regulation
CySEC Cyprus
Registration
CySEC Cyprus, BaFin Germany, CONSOB Italy, AFM Netherlands, FI Sweden, FMA Austria, CNMV Spain, DFSA Denmark
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
х US
Broker type
STP
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
2
LPs quality
Other
LPs names
GBE Brokers, Tample Capital
Tradeo Accounts
STP
Minimum Deposit
1000 €
Leverage
200 : 1
Minimum Lot
0.01 lots
EURUSD spread
2.7 pips
Commission
0 $/lotRT
Volume
50 lots
Margin Call
50 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, IDEAL, Giropay, Trust Payments, Rapid Transfer, Worldpay, SafeCharge, Emerchantpay
Base currency
USD, EUR, GBP
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
| Update broker |
Is Tradeo safe?
- Investor protection: Cyprus Investor Compensation Fund (ICF)
- Regulation: CySEC Cyprus
- Registration: CySEC Cyprus, BaFin Germany, CONSOB Italy, AFM Netherlands, FI Sweden, FMA Austria, CNMV Spain, DFSA Denmark
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is Tradeo trusted?
- Information transparency: high
★★★★★ - Customer service: prompt, helpful
★★★★★ - Tradeo website: semi-detailed, updated
★★★ - Tradeo popularity (by visitor count): low visits
★★
How Tradeo works
Until further notice, Tradeo is no longer accepting new clients.As seen on the main page of the Tradeo's website.
6. Services
6.1. ...The Company, acting on behalf of the Client, executes the Client Order with a third party Execution Venue (who may also transmit the Orders to another party; a list of these entities is found on our “Best Interest and Order Execution Policy” on our Website). This method of execution is called straight through processing (STP). Under this model of execution, does not execute the Client Order as a principal to principal against the Client, i.e. the Company is not itself the Execution Venue.
“Abusive Trading” shall include any of the following actions Sniping; placing “buy stop” or “sell stop” Orders prior to the release of financial data and news related to the Underlying Market/Asset; arbitrage; manipulations; scalping;
https://tradeo.com/misc/docs/Client-Agreement-18.06.2020-(4).pdf
The Company does not execute Client Orders in Financial Instruments on an own account basis, as principal
to principal against the Client. The Company transmits Client Orders or arranges for their execution with a
third party(ies) known as Straight Through Process (STP). Such arrangement can be made to manage the
Company’s risk and it shall not jeopardise the quality of execution of the Client’s order while all
abovementioned best execution criteria/factors shall be followed/applied. The Company quotes to Clients
the prices provided by the Execution Venues plus a fixed mark-up.
https://tradeo.com/misc/docs/Best-Interest-and-Order-Execution-Policy-30.04.2020.pdf
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