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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

Traderminds.com Review: Most Trustworthy broker of the New Year

 

 

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.

Range of markets with trader minds

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.

The Trader Minds Trading Platform

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.

Account Types The five main account types at traderminds.com

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

 

deposit bonus

 

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
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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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Comments Rating 4.5 (38 reviews)


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