Practice Trading With a Free Fxcm forex leverage formula 4 Demo From FXCM. Tradeu2 Review – is it scam or safe? USA, Japan, and some other regions. This sounds good, but the commission that probably applies is not disclosed.
So, we decided to test the broker’s demo accounts and found the spreads floating around 1. Such pricing is competitive, as it falls within the average for the forex industry. Tradeu2 is up to 1:500, which is a high ratio. Leverage is a kind of credit brokers give to their clients to boost their trading power. That is why you’d better not use it to the fullest.
As we mentioned earlier, the information on Tradeu2’s website regarding trading conditions and accounts is not very clear. In our opinion, a decent forex brokerage must present its trading conditions clearly. In addition, the broker’s corporate presentation is also rather poor. Dubai, while in its Terms and Conditions is stated that the governing law is that of Cyprus. MT4 is powered by Easy FX Solutions – a company registered in Vanuatu that offers brokerage incorporation services. So, this is another red flag. 500, which is too high, especially for a bropker that is not regulated.