Traderminds.com Review: Most Trustworthy broker of the New Year
| General Information |
|
|---|---|
| Broker Name: | Trader Minds |
| Broker Type: | Forex & CFDs |
| Country: | England |
| Operating since year: | 2023 |
| Regulation: | N/A |
| Address: | 40 Bank Street, Heron Quay, Canary Wharf, E14 5AB |
| Broker status: | Active |
| Customer Service | |
| Phone: | +442034554958 |
| Email: | N/A (Contact Form) |
| Languages: | English. German |
| Availability: | 24/7 |
| Trading | |
| The Trading platforms: | WebTrader, MT4 |
| Trading platform Time zone: | (GMT+1) |
| Demo account: | No |
| Mobile trading: | Yes |
| Web-based trading: | Yes |
| Bonuses: | Yes |
| Other trading instruments: | Yes |
| Account | |
| Minimum deposit: | $250 |
| Maximal leverage: | 1:500 |
| Spread: | Floating From 0.0 Pips |
| Scalping allowed: | Yes |
As for now, for your consideration and general knowledge, this broker is not active. You can still take a look at the products and tools they offer as a way to broaden your comprehension of the brokerages in general.
Otherwise, this brand is not active anymore.
Traderminds.com – First Impressions
A recently established broker firm called Trader Minds provides CFDs, Metals, Commodities, and Forex. The business was established in 2023 and has customers throughout the world, including Asia, South America, and the CIS. Saint Vincent and the Grenadines has granted Trader Minds Forex Broker a license. Due to its more than 350000 clients and numerous global forex awards since 2007, the business is well-known on a global scale. The safety of the client’s money is a top priority for Trader Minds.
MetaTrader 4 and MetaTrader 5 are the two trading platforms that the company provides. In addition to a unique Trader Minds trading platform. Additionally, Fixed, Standard, and ECN are its principal Trader Minds accounts. Maximum leverage offered by the broker is 1:1000, with spreads as low as 0.2 pip. Another advantage of Trader Minds is that their orders are executed in just 0.03 seconds, which is the quickest processing time. They also charge no commission on deposits.
For both experienced and novice traders, Trader Minds is a well-run and trustworthy broker. We’ll cover all of the brokers account kinds, including bronze, silver, gold, premium, and platinum, in this Trader Minds review.
Review of Traderminds.com Trading Instruments
Multiple asset categories are accessible with Trader Minds. Forex, cryptocurrency, commodities, and indices are on the list. The trading options include major, minor, and exotic pairs. The US Dollar is one component of major pairs, which also include other significant currency pairs like the EUR, GBP, JPY, CAD, CHF, AUD, and NZD. Because the EUR/USD pair is the most liquid, its spreads are the tightest. Leverage for currency trading can reach 500:1.
Crypto traders have access to well-known cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others and up to a 5:1 leverage. Be aware that these are crypto-CFDs and not cryptocurrency coins.
The key advantage of using CFDs for trading is that you can profit from price changes without having to own the underlying asset. The gains go directly to your trading balance, so you don’t need to bother about crypto-wallets or where to pay out. Additionally, it is possible to trade CFDs in both long and short positions.
Real coins, however, are only profitable when their price increases. The drawback of crypto-CFDs is that they are only suitable for medium-and short-term trading. Due to the long-term low trading fees, traders who are seeking for ways to invest in cryptocurrencies prefer tangible assets.
Trader Minds offers up to 100:1 leverage on commodities and indices. Traders can evaluate the state of particular markets or economies using indices of international, US, and European corporations. For instance, the top 40 German companies make up the GER 40 index. The index tracks the success of such businesses and serves as an excellent gauge of the nation’s economic health. As with CFDs, indexes can also be traded.
You can have access to hard, and soft commodities like precious metals, energy, sugar, etc. using EXCO trader. Prices for commodities fluctuate in response to global supply and demand.
Trading Platforms
The custom trading platform from Trader Minds is a lot more contemporary. It features a clean and seamless design. There are versions for desktop, mobile, and web trading. The system supports social trading. You can start a side business by offering trading signals if you have a successful approach and understand how to use it to reap rewards consistently. As a retail trader making orders from a bedroom, trading can also feel like a solitary endeavor. Social trading offers many advantages in this area. For completing a complete market research, the traderminds.com platform provides sophisticated charts and indicators. The platform includes an integrated economic calendar and a lot of useful tools.
For both apple and android devices, MT4 and Trader Minds both provide mobile trading apps. Mobile apps are really useful for managing transactions, but using them as your main trading platform is not advised because traders require larger displays for conducting in-depth analysis. The apps give traders access to all forms of trading orders; Take Profit and Stop Loss targets, and account deposits and withdrawals. Mobile apps are also useful in emergency situations. You may simply set a stop loss order using your phone, for example, if you neglected to do so earlier.
Account Types at traderminds.com
The five main account kinds offered by Trader Minds are bronze, silver, gold, premium, and platinum. For each of them, we provide a thorough description below. There is also a VIP club available for some of the consumers of the website. The following account are the most popular ones on the website.
Silver Account
The spread for this account is fixed. Anyone who wishes to pay a set price for trading should consider it. Other characteristics include:
- $100 first payment in $/€
- Leverage of 1:1,000
- A set spread of 3 pip
- There are none
- 10% stop-out threshold
Bronze Account
Both novices and experts are advised to use the Standard account. Currency and metal transactions on this account are free. Other characteristics include:
- Initial 100-euro deposit: 1:1,000 leverage
- No commissions, floating spread starting at 1.3 pip
- 10% stop-out threshold
Platinum Account
The fastest account execution speed is this one. Although it is not advised for novices, it has certain advantageous qualities, such as:
- Initial deposit: $250; Leverage: 200:1 in $/€
- Floating spread starting at 0 pip
- 40% stop-out leve l for $/€2.5 for one lot
Deposit Bonus
Trader Minds provides a range of alluring bonuses and promotions. A profit of up to $10,000 can be made by someone who is willing to move from a demo to a live account. Additionally, it is crucial to know that according to our Trader Minds review, the brokerage removes commissions from deposits. No matter how much is deposited, the corporation will pay the commission. Additionally, if you choose to join Trader Minds as a VIP member, you’ll receive a lot of privileges, including as:
- Higher cashback rates
- Increased trading bonuses
- Fulfillment of withdrawal requests in order of priority
- Decreases swaps by 30%
- Free VPS Premium Analytics Trading Advice from professionals
Final Verdict
In conclusion, to this traderminds.com review, we should admit that it is a reliable and well-run forex brokerage firm with features that may meet the demands of both experienced and novice traders. Their deals are appealing, and the quality is superior. Their servers have excellent performance and speed. Additionally, the lack of a commission for withdrawal or inactivity makes trading more pleasant. Therefore, it is safe to state that Trader Minds is a very competitive brokerage firm in the market.
Traderminds.com Review
Name: Traderminds.com
Description: Traderminds.com - check out this recent expert review to get all details about this Trader Minds. Read on for more!
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Worth keeping
Excellent spreads offered, minimal slippage and good trading profit. I will surely keep them as my forex broker.
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Dedicated broker
Very dedicated in conducting thourough market research and analysis. I am getting good profit out of their signals.
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Commendable brokers
Commendable broker service. Withdrawal is fast and signals are great.
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Satisfied customer
Provides good trading services and signals. I have been using this broker for a few months now and I am completely satisfied with it.
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Good broker
One of the best broker I have traded with. I have learned so many good things including managing risk. I get good profit on my trades, too.
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Approachable brokers
Approachable brokers and account managers. I am glad to have them as my brokers, I have been gaining good profit.
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Good trading company
A good trading company. I was able to withdraw profit swiftly and I get prompt customer service.
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Recommended broker
Make trading easier by using this broker’s fantastic platform and profitable trading signal. I personally prefer them to be my broker and would definitely recommend.
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Satisfied customer
Interesting trading services and tools. I’m also satisfied with the trading conditions provided here. Trading terms and pricing are both fair.
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Good services
Over all the broker is trustworthy and reliable. Services are always good.
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Good trading company
This is a good trading company. They process withdrawals smoothly. Execution is fast, signals are always accurate and customer service is good.
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Great broker
Fast and easy to withdraw profit. Good customer service and great broker signals. I personally recommend this broker.
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Great forex company
Good trading tools and helpful educational materials. Overall, a great forex company.
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Huge profit
I had a great trading experience with this company. I am earning huge profit on a monthly basis.
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Saisfied with the services
I am fully satisfied with all of their services. Very efficient and I get good profit.
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Great platform
They have a cool trading platform and tools. It is easier to trade forex with their software that are so effective.
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Fast withdrawals
Good customer service, commendable attitude. The withdrawal process is really fast and easy, too.
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Good broker
Always maintain a good connection with me. Trading results are good and I am happy with customer service.
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Good broker
I gain good profit and I am satisfied with all of their services. Proven and tested, a good forex broker
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Excellent broker
Excellent broker. Their customer service is wonderful, they resolve all trading concerns right away and attend to trading needs promptly.
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Fast withdrawals
I am pleased with their customer service and I am extremely happy with the withdrawal process. Fast and easy withdrawals.
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Good broker
I had fun trading with this broker. I get good trading returns and I am dealing with good customer service, too.
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Fast withdrawals
Fast and hassle-free withdrawals. I have no complaints about the services, I get good profit.
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Excellent services
Never had an issue with withdrawals, tools or customer service. All services are good and effective, I gain good profit.
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Good broker
They are very good in providing trading advise. I get really good profit. If you are looking for source of income, this one is my recommended. Worth my time.
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Good brokers
Good trading services and tools. I am getting good support as well from customer service.
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Fast withdrawals
Fast and hassle-free withdrawals. I have no complaints about the services, I get good profit.
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Amazing trading broker
Been trading over a year with them and never had an issue with them. Signals, services, withdrawals and brokers are all amazing.
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Profitable signals
There are so many affordable trading instruments to choose from. Signals are profitable.
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Great signals
Great signals, really very accurate. Profitable trading with.
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Reliable signals
They have so many good trading assets to choose from. Signals are so reliable.
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Highly recommended
A good company to trade. They’ve got a really good trading environment. Highly recommended day trading brokers.
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Great support
Great support. They always call for updates.
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Good forex company
Good and trusted company for forex brokerage. They are experienced and skilled in the forex market. I gain profit from my trades, too.
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Good broker
Good broker and trading software. There are so many reasons to keep and recommend the service.
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Good place to trade
Seems to be a good place to try online trading. Brokers and services are efficient.
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Thanks to your outstanding trading tools
Thanks to your outstanding trading tools and the attentive support team, I’ve achieved substantial profits with ease.
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Fast withdrawals
Fast and easy withdrawal process. I did not encounter much hassle requesting to withdraw my profit.
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Excellent forex brokers
Excellent broker service. Been trading with them for a while but I don’t recall having any issues with them.
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Good broker
Good forex broker and a trading partner. They are always available to help and their services are all very effective.
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Good broker
Been trading with them for about a year, and cannot single out any complaints on their services. All seems smooth and efficient.
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Great broker
Great spreads. Always a phone call or just a message away, anytime.
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