TradeEU pretends to be a broker suitable for all clients, even beginners. A personalized platform that will help you achieve your goals. That’s how this project characterized itself. We often hear such loud statements from scams. Therefore, we would not be in a hurry to open an account here. To begin with, it’s better to make sure that this is a reliable company, and there is no negativity in the reviews.
- TradeEU General Information
- Registration and Client Portal Review
- TradeEU Trading Conditions
- Account Types Review
- Trading Platform
- TradeEU — Deposit and Withdrawal of Funds
- Verification
- Additional Options
- Is TradeEU a Scam?
- Legal Information and License
- Tradeeu.com Domain Info
- Contacts Review
- Pros and Cons
- Frequently Asked Questions (FAQ)
TradeEU General Information
| Website | https://www.tradeeu.com/ |
| Phone Number | +00357 25261736 |
| info@tradeeu.com | |
| Address | Panayides Building, 1st floor, Office no 11, 1 Chrysanthou Mylona Street, Ayia Zoni, 3030 Limassol, Cyprus |
| License | CySec |
| Minimum Deposit | — |
| Assets | FX, CFDs, |
| Leverage | — |
| Trading Platform | WebTrader |
Registration and Client Portal Review
We would like to start with the advantages of the broker. However, as always, the disadvantages immediately catch our eye. TradeEU has a rather awkward website. It’s just full of a variety of meaningless pictures. The purpose of some of them is generally quite difficult to understand. Maybe we understand the barrel of oil in the picture. It is implied that this is a trading instrument. However, what headphones are there for? There is extremely little text content on the main page at all. At least there is legal information in the footer. That will be very useful to us in the review.
However, it is not so easy to open an account on the TradeEU platform. Even though a rather limited list of countries is presented in the footer, it is obvious that the broker does not provide services to more clients. Despite the fact that CySEC operates according to the EU directive, we were unable to open an account from a European country. However, maybe it’s just technical problems on the site.
TradeEU Trading Conditions
Well, we did not manage to get into the Client Portal. However, we will continue our investigation. Let’s see what the broker can offer traders.
Account Types Review
TradeEU offers only three account types. However, their detailed description is not provided. The broker specifies rather superficial characteristics. So, the Silver account is most suitable for beginners. Traders will be provided with educational materials, support, and lower spreads.
Gold accounts are suitable for traders of the next level. Here they can get tight spreads and access to advanced trading tools. The Platinum account is designed for professional traders. TradeEU promises to provide additional exclusive benefits, super-tight spreads, private consultations with a dedicated account manager, and private seminars and events.
No other data is specified. It is completely unclear what leverage, spreads, minimum deposit, and so on are on the platform.
Trading Platform
Nothing is known about the platform either. TradeEU says that this is the original development platform. It is represented only by the web version. We also failed to test the terminal. So we can’t describe its pros and cons. TradeEU does not provide a demo account either.
TradeEU — Deposit and Withdrawal of Funds
There are not so many ways to deposit. TradeEU offers clients only the following payment methods:
- Visa/MasterCard/Maestro
- Wire transfer.
The card transfer will be credited to the account instantly. The wire transfer takes longer, 1-3 days. You can withdraw money using the same methods. It is not specified how long it will take to process the withdrawal request.
Verification
The Cyprus regulator imposes standard requirements for the KYC procedure. All TradeEU customers have to pass verification. To do this, you need to send copies of suitable documents to the broker. Nothing special is required of you. You just need to confirm your identity and place of residence. To do this, you will need to make a copy of an international or national passport and provide a utility bill or a bank statement with the address.
Additional Options
Very little has been written about additional services. From the description of the accounts, we realized that TradeEU can provide clients with basic education. We do not know what quality these materials are. There is not a single example on the official website. Obviously, the broker does not have any additional services.
Is TradeEU a Scam?
We were not very impressed with the trading conditions. The situation with some problems in the registration process also did not cheer up. Let’s see if there are any other problems with this broker.
Legal Information and License
TradeEU claims to be registered in Cyprus and has received a license from CySEC. We have checked and confirmed this information. TradeEU has a license. Clients can trade on this platform CFD and Forex. Therefore, the situation with limited registration is completely unclear to us.
There are no prerequisites to prohibit customers from European countries from creating an account. However, perhaps this is a personal wish of the broker. You should also remember that Cyprus is still offshore. And if you have any problems with the broker, then you will have to solve them on the territory of this state.
Tradeeu.com Domain Info
The broker’s lifespan is not that long. In the register, we drew attention to the fact that the company was established in 2021. Although the domain check showed that it was created back in 2005. However, most likely TradeEU just acquired an old domain. According to the web archive, the site was empty. And only in 2021, the broker posted content on it. Trader reviews also began to appear just a year ago.
Contacts Review
You can contact support by phone number or by writing an email. Some traders complain that it can be quite difficult to get through to managers. There are also complaints that emails are ignored. Of course, all this does not suit a licensed broker.
Pros and Cons
- CySec license.
- Opaque trading conditions.
- A short period of work.
- Negative reviews.
- Offshore registration.
- Duboius trading terminal.
We did not find anything remarkable in the broker's trading conditions. The TradeEU platform also left a lot of questions open. Besides, obviously, not everyone will be able to open an account with a broker. It's up to you to cooperate with it or not. However, be sure to weigh all the pros and cons first. Because TradeEU still leaves the impression of a rather opaque project.
Frequently Asked Questions (FAQ)
Trade EU offers to trade CFDs on different assets and Forex.
Unfortunately, TradeEU did not specify the minimum deposit. It is better to clarify this question with managers.
TradeEU has a license from CySEC. At the same time, we have met customer complaints about the delay in withdrawing money. So we cannot answer this question unequivocally.
Long verification
TradeEU has stopped withdrawing money. I don’t know, it’s either just me, or it’s real for everyone. But I’ve been «fighting» with this company for the 2nd month. The main thing is that at first I traded normally, even earned. I was able to withdraw once. Since then I passed the verification procedure. But then they said that my documents didn’t fit. And for two months now I have been trying to satisfy their requests for documents.
TradeEU did not surprise me with anything. Because after analyzing the official website, there was no desire to trade here. I don’t know why, but maybe it’s all about the clumsy and ugly design of the official website. Besides, offshore registration is incomprehensible to me. It is unlikely that a really large and serious organization would allow itself such a poor site. I didn’t open an account here. And I don’t advise anyone.
Lost money thanks to analyst advice
They work according to the well-known scheme of deception. With the help of a personal manager /analyst /expert. I have lost an amount of $2,350 here. A manager from TradeEU called me and offered to trade with them. But I told them that I am not a trader and only superficially know this industry. To which he replied to me that I didn’t need to be a trader. There is a personal manager’s help service that will tell me what to do and how to do it. Moreover, at first I thought about what the catch was and asked them such a question. He replied that it was beneficial for them for the trader to trade successfully and earn money, since there is a commission for the company from transactions. And this is the broker’s earnings. That’s why, personal managers provide their services to help trade. Well, I started working with $1,000. In a month I could earn $120 with an expert, which is equal to 12%. I liked this result, and I deposited another $1,350, having previously withdrawn this $120 profit, to check the firm for withdrawal. But then we stopped earning. According to the expert’s advice, my deposit went into losses. I began to average and eventually caught Margin Call. I lost all the money. And I couldn’t blame experts because I carried out the trades myself.
so far so good
so far so good I waiting for my withdrawal, but as of right now very helpful broker