TradeFills

General Information

Established in 2022, TradeFills is an online forex broker registered in Saint Vincent and the Grenadines, boasting that it offers clients access to a massive financial markets, such as Foreign Exchange, Metals, Stocks, Indices and more.

TradeFills gives two choices of trading platform, with leverage up to 1:1000, spreads as low as 0.0 pips. Besides, this broker says it is available for 24 hours, 7 days a week to assist.

Is TradeFills safe to trade with？

When it comes to regulation, it has been verified that TradeFills, an unregulated offshore forex broker, has not authorized or regulated by any regulatory authorities. Consequently, its regulated status is classified as “No License” and it receives a very low score of 1.13/10 on the WikiFX website.

If you trade with a forex broker that is not regulated by a government agency, you are asking for a financial disaster. Please keep in mind the potential consequences.

Market Instruments

TradeFills claims to offers its clients access to a bulk of more than 500 trading instruments. Different types of trading assets, such as Foreign Exchange, Metals, Stocks, Indices, Energy, and Cryptocurrency are all available through this brokerage platform.

Account Types

TradeFills does offer five tiered accounts designed for both novices and professional traders, including, Surprisingly, the minimum initial deposit to open any account with this platform is as low as $5.

The offering of the Cent and the Micro account is

a great opportunity for novices to test the waters of forex trading without taking on the greater dangers associated with a standard trading account. Professional traders and active traders can choose the Professional account or the ECN account to satisfy their trading needs. Margin call: 50%, Stop Out: 25%.

Besides, Swap-free options are applicable with all four trading accounts.

How to open a live account with TradeFills？

Opening an account with TradeFills is simple and easy, with a few straightforward steps to follow:

1. Click on the “Open A Live account” Link and fill in the application form.

2. Upload your photo ID and Proof of Address document from inside your client portal which will be verified by this trading accounts.

3. After verification, your account is successfully registered. Fund your account and then start trading.

Leverage

The maximum trading leverage offered by TradeFills is absurdly high, reaching up to 1:1000, which is much above the levels considered appropriate by many regulatory authorities. Offering high leverage to attract investors into their traps is a typical tactic employed by most offshore brokers.

Spreads & Commissions

Spreads and commissions are determined by trading accounts. The Cent, Micro, Standard accounts offer a zero-commission trading environment, accompanied by average spreads offered, with Cent, Micro, Standard accounts from 1.4 pips, the Professional account from 0.8 pips. The ECN account offers raw spreads, as low as 0.0 pips, with a commission of 4 USD.

Swap Rates

If you plan to hold your position overnight, you should always consider swap rates as an additional cost. Each currency pair has its own swap charge and is measured on Standard size of 1.0 lots. Swap rates are calculated in points, MT4 covert them automatically into the base currency of your account.

Please note that swaps are charged at triple rate on Wednesday night.

Trading Platform

TradeFills gives its clients access two choices of trading platform, the MT4 trading platform that can be accessed via Desktop, Mobile as well as a Webtrader. MT4 is among the most popular trading platforms around the world, featuring multiple technical indicators, robust charting package, the ability to use automated trading bots (Expert Advisors), and the flexibility of the interface.

Deposit & Withdrawal

The minimum deposit is $5. TradeFills allows its clients to fund their accounts through B2BinPay (Crypto Deposits) and Online Banking. Available currencies are USD, GBP, ZAR and EUR.

Concerning withdrawal, clients can withdraw online by simply logging into their client portal and selecting withdrawal tab from the menu. The minimum withdrawal amount is $5.

All the withdrawals via bank wire to South African Bank accounts have a cutoff time at 13:30 GMT +2.

Trading Tools & Educational Resources

To help clients quickly acquaint themselves with forex and online trading, Tradefills offers some trading tools and educational resources, including Daily Technical Analysis Reports, Economic Calendar, Live Trading Webinars and Offline Seminars.

Customer Support

TradeFills relies heavily on its Frequently Asked Questions section and chatbot to assist customers. The multilingual support staff is available via phone and email whenever the markets are open.

Telephone: +44 7888 872335

Email: support@tradefills.com

WhatsApp

Besides, you can also follow this brokerage on some social media platforms, such as Facebook, Twitter, Linkedin, Instagram.

Risk Waring

Forex and online leverage trading contain a high level of risk, and it is not suitable for all investors.

Please note the information contained in this information is for general information purposes only.