TradeTime Review

Review

TradeTime is a relatively new entrant to the Forex and CFD trading ecosystem.  The company was first founded in 2010.  It was created by a team experienced in both the financial and technology industries and that took 7 years to develop a trading platform.  The platform opened in January 2017.  It offers investments in currencies and CFD trading, in addition to stocks, indices, metals, and cryptocurrency trading.

TradeTime is owned and operated by SILVER GROUP Ltd., a Vanuatu-based investment firm licensed with the Vanuatu Financial Services Commission (VFSC). Its Certificate of Incorporation number is 17903.

Accounts

TradeTime offers a unique form of customized account experience for its clients.  In order to help make sure clients of all experience levels and risk thresholds can trade in a way that best suits their strategy, TradeTime has an online account selection tool.  This feature asks a few straightforward questions and takes only a couple of minutes to complete.  Based on the trader’s responses, an account tailor-made to that individual is created.  This helps to reduce the risk of confusion or making the wrong selections from the very start.

The minimum initial deposit at TradeTime is $500, though the minimum investment is half that amount.  Spreads vary from 0 to 1.1 pips, depending on the initial investment size.  This means that while spreads are consistently competitive, they can be quite low depending on the custom account of the individual.

TradeTime also provides additional market reaction and current news updates on a regular basis.  This, in addition to the other informational and educational tools, allows clients to make educated trading decisions.  The website features a “Discover” section that provides clients with the opportunity to improve their knowledge of certain terms and concepts they need to know in order to implement a well-rounded trading strategy.

Platform

TradeTime uses a proprietary platform to execute all trades. There is little information about the platorm on the website, though it does promise to offer fast execution, advanced charting, and integrated trading signals. There is no demo account that we can see.

Education

TradeTime provides a wealth of tools and support materials to allow clients to regularly inform themselves and remain up to date.  Regardless of experience level, TradeTime presents information, data and statistics in an accessible language, with visual components to enhance understanding. 

The “Discover” feature at TradeTime provides basic information, definitions, and concepts.  Moreover, it is fully searchable to allow clients to investigate specific terms about which they would like to improve their understanding. 

The “Analysis Time” feature provides clients with graphs, charts and statistics to better understand current prices, trends and possible future directions.  These can be invaluable for making successful trading decisions. 

TradeTime clients receive 6 signals per day, on top of the calculators and other online statistics analysis tools that are always available.  In this way, they can gain a better idea of which direction they would like to take, while being confident in their choices.

The TradeTime blog is regularly updated with relevant news to help clients to stay up to date regarding the latest movements among top companies or trends in the industry.

Customer Support

TradeTime accountholders can reach professional representatives through several different communication channels.  Friendly customer support is available 24/7 by live chat, email, and toll free international phone.  The staff is multi-lingual and is informed and prepared to offer one-on-one assistance.

The site also boasts a Support Centre that offers an extensive range of FAQs and other types of helpful information. This provides an effective self-service feature through which clients can often discover the answers they need in seconds without ever needing to contact the company’s service reps.

TradeTime’s social media pages are consistently active – particularly on Facebook.  Their response time appears to be a healthy one. Other social media accounts include those on Twitter, LinkedIn, Google+, and even YouTube where the company’s channel offers several informational videos to help traders to better understand and utilize important trading concepts as a part of their strategies.

Deposit/Withdrawals

TradeTime accepts major credit and debit cards as well as a number of other forms of commonly used transaction methods.  The minimum deposit is $500.  This deposit can be made in USD or EUR.

Conclusion

TradeTime remains a new player in the Forex environment, but after seven years in design and development, its name is rapidly growing.  The meticulous care taken in combining financial knowledge with technical expertise is more than evident through the design and features available on this platform.  It provides a highly appealing experience for traders seeking a highly customized account experience catering specifically to their needs and preferences. 

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Features

TradeTime offers a spectrum of trading instruments.  This includes currency pairs, CFDs for commodities, stocks, indices and the leading cryptocurrencies (including Bitcoin, Ethereum, Litecoin, and Ripple). The firm was first established in 2010, but launched its trading platform at the start of 2017.  It is fully licensed with the VFSC.  Traders can use the popular MetaTrader4 (MT4) downloadable platform, the firm’s own web-based platform, or the MT4 mobile app for smartphones and tablets.  This firm offers free trading signals which are updated six times per day.  This is a standard feature for all clients, despite the fact that many brokers provide that type of service as a premium feature.

 

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