ForexNewsNow – Trade 24 is a financial service provider specialized on forex and CFD trading. The broker is run and owned by a legitimate company with many years in the online trading business. The main aspect of the broker is the fact that it allows traders to trade using multiple online trading platforms, one specially developed for social forex trading.
Assets and Services
The brokers main service portfolio is that of forex trading. In this category traders have the possibility to trade on multiple currency pairs including but not limited to currency pairs involving the USD, GBP, EUR, JPY, CHF and more. The broker also allows CFD trading on assets such as oil, S&P500, NASDAQ and more.
Additionally, traders have the possibility to trade stocks of companies such as Google, Apple and more. Likewise, traders can trade on commodities as well including oil, uranium, and more. All these are possible using latest online trading technology.
Platform and usability
Trade 24 offers three online trading platforms which are the popular MetaTrader 4 trading platform, the Mobile Trader platform and the Sirix Web Platform that was specially designed for social trading. The MetaTrader 4 platform is the most basic platform available at the broker and is targeted at new or beginner traders.
The Mobile Trader platform gives traders the possibility to use all the services offered by the broker on their mobile devices. The mobile platform is completely free and can be installed on every single mobile device. On the mobile platform traders can place orders in real time, read current news as well as analyze the movement of markets.
Sirix Web Trader – Optimized for Social Trading
The Sirix Web Trader is the broker’s main online trading platform. The platform was specially designed to meet the needs of experienced traders but this does not mean that it’s not suited for beginners. In fact, the Sirix Web Trader is highly recommended to new traders because it contains social trading capabilities.
The main aspect of the platform is the fact that it can be run from any browser directly, meaning that no installation or download is required. When it comes to visuals, the platform does not look very fancy or anything of the like. It’s a simple platform that focuses on one thing only, which is offer a seamless online trading experience to customers.
The Sirix Web Platform is also a social trading platform allowing traders to interconnect with each other and share their actions performed on social networks such as Facebook. The platform allows traders to copy each other trade’s as well. Experienced traders have the opportunity to become so-called signal providers, allowing others to copy their actions in real time.
Bonuses and Promotions
New traders registering at Trade 24 have the opportunity to receive an attractive 30% deposit bonus on their first deposit. The only condition to this bonus is to make a deposit of at least $500. However, traders may as well receive a 100% first deposit bonus in case they choose to deposit as much as $5,000 after they signed up.
These are some of the largest bonuses available in the online trading business. The extra money traders receive from the awarded bonus can be used on live trading. The bonus money will act as real money, not like money awarded during demo trading mode.