ParadTrade Info
Founded In 2019 And Headquartered In Prague, ParadTrade Offers Trading Opportunities On A Wide Range Of Tradable Assets Such As Forex, Stocks, Cryptocurrencies, Commodities And Indices. With Minimum Deposits As Low As 5 Dollars And Leverage Of Up To 1:1000, ParadTrade Makes Trading Products More Accessible To A Wide Range Of Traders.
To Enhance The Trading Experience, ParadTrade Offers MT4, Web And Mobile Platforms. Comprehensive Customer Support, Educational Resources And Bonus Incentives Enrich The Core Trading Services.
Is ParadTrade Legal?
ParadTrade Is Regulated In The Comoros And Authorized Under License Number BFX2024133 Issued By Mwali International Services Agency (MISA).
Pros And Cons
Positively, It Offers A Streamlined Account Structure That Allows Traders To Focus On Investing Without Having To Face The Complexities Of Multiple Account Types. It Provides Access To Diverse Tradable Assets Such As Forex, Stocks, Cryptocurrencies, Commodities, And Indices. Maximum Leverage Of Up To 1:1000 Appeals To Traders Looking To Enlarge Their Positions.
Additionally, ParadTrade Offers Educational Resources And Bonus Opportunities. However, The Lack Of Regulation May Raise Concerns About The Safety And Transparency Of Funds, Potentially Limiting Dispute Resolution Options.
Trading Tools
ParadTrade Offers A Diverse Range Of Tradable Products On Various International Financial Marekts, Including:
Forex: Trading Major And Minor Currency Pairs.
Stocks: Investing In A Wide Range Of Stocks Worldwide.
Commodities: Access To Important Raw Materials And Commodity Markets.
Cryptocurrencies: Trading Hot Digital Currencies On Competitive Terms.
Trading Tools
Account Types
ParadTrade Offers 6 Different Account Types.
The Demo Account Is Suitable For Beginners, Offers $10,000 In Virtual Funds, No Minimum Deposit Requirement, 1:500 Leverage And 0.00003 Spreads, No Commissions, And A Mandatory Position Squaring Ratio Of 25%.
The Standard Account Is The Most Popular Option, With Only A $5 Minimum Deposit And Offers Similar Conditions.
For Competitive Pricing, Interbank Account Requires A Minimum Deposit Amount Of $5,000, Offers A Leverage Ratio Of 1:200, With Spreads Starting At 0.0 And Commissions Of 0.3.
For Experienced Traders, The ECNParad Account Allows Scalping With A Minimum Deposit Amount Of $3,000, Offers 1:1000 Leverage, With Spreads Starting At 0.0 Pips And Commissions Of 0.6 Pips. The FixedParad Account Offers Fixed Spreads To Maintain Stability, With A Minimum Deposit Amount Of $3,000, Offers 1:1000 Leverage, And Spreads Starting At 0.0001 Pips With No Commissions.
Finally, The CryptoParad Account Is Designed For Cryptocurrency Trading, Requires A Minimum Deposit Amount Of $5,000, Offers Leverage Of 1:200, And Spreads Starting At 0.0001 Pips And Commissions Of 0.3 Pips.
Leverage Ratio
ParadTrade Offers Traders The Flexibility To Choose The Leverage Ratio They Need. The Maximum Leverage Ratio That ParadTrade Can Offer Is 1:1000. Leverage Is A Powerful Tool That Allows Traders To Control Larger Market Positions With Relatively Little Capital.
Spreads And Commissions (Trading Fees)
Demo And Standard Accounts Are Ideal For Beginners, With Spreads Starting At 0.00003 Pips And No Commission.
For Those Traders Looking For More Competitive Pricing, Interbank Account Offers Spreads Starting At 0.0 Pips With A Commission Of 0.3 Pips. Designed For Experienced Scalp Traders, The ECNParad Account Also Offers Spreads Starting From 0.0 Pips But With A Higher Commission Of 0.6 Pips.
In Contrast, The FixedParad Account Offers Fixed Spreads Starting From 0.0001 Pips With No Commission.
Finally, The CryptoParad Account Is Designed For Cryptocurrency Trading With Spreads Starting From 0.0001 Pips And A Commission Of 0.3 Pips.
Deposit And Withdrawal Methods
ParadTrade Offers A Range Of Convenient Ways To Deposit And Withdraw From Trading Accounts. These Methods Include Credit Card Payments, Bank Telegraphic Transfers, Electronic Payments And Cryptocurrency Transactions. The Minimum Deposit Amount Is 5 Dollars.
Trading Platform
The ParadTrade Web Platform Provides An Intuitive Interface That Ensures A Seamless Experience On Popular Browsers Such As Chrome, Opera And Mozilla Firefox. Designed To Be Simple And Easy To Use, It Allows Traders To Efficiently Manage Trading And Analyze Market Data.
Customer Support
Traders Can Contact The Support Team By Phone At + 420488102480 During Business Hours. For Written Inquiries And Assistance, Traders Can Send An Email To Support@paradtrade.com And The Support Team Will Respond To Their Questions Promptly. Customer Support Services Are Available From Monday To Friday And Help Is Available From 9:00 Am To 7:00 Pm.
