TradeZero Review

Rana Adnan | March 12, 2021

With its head office in the Bahamas, TradeZero is a licensed online retail broker that provides traders with a selection of four advanced platforms for trading various US stocks, ETFs, and options. Traders are provided with several educational resources and useful trading tools, whilst there is a 24/7 customer support team to assist them. The minimum deposit is $500. This review covers TradeZero International, not to be confused with TradeZero America Inc.

Broker Pros / Cons
  • Proprietary trading platforms
  • Educational resources
  • Trading tools
  • Minimum $500 deposit
  • Limited asset classes
  • No MetaTrader platforms
  • Limited account deposit & withdrawal options
  • No USA clients

Summary

TradeZero is an online financial services provider that allows clients to trade various financial assets with zero commissions and fees. Trades are carried out using four different in-house-developed trading platforms. Customers benefit from several competitive trading conditions, including free limit orders, higher day leverage, free trades, direct market access, and more. TradeZero was awarded the Best Brokerage for Short Selling at the 6th Annual Benzinga Global Fintech Awards.

Regulation

TradeZero International is registered with the Securities Commission of the Bahamas.

TradeZero does not accept accounts from the United States, Bahamian Citizens, Ontario (Canada), or persons domiciled in those jurisdictions.

Platforms

TradeZero provides traders with four different state-of-the-art zero commission trading platforms: ZeroPro, ZeroWeb, ZeroFree, and ZeroMobile trading platforms.

TradeZero Trading Platforms

TradeZero Trading Platforms

The ZeroPro trading platform has all the features that are needed in an online stock trading software. Dynamic streaming quotes, charting, and more are just a few features available in ZeroPro trading platform. All windows are fully customizable and can save multiple layouts. It is available as a desktop application for Windows and Mac computers. The ZeroWeb and ZeroFree trading platforms offer all the basic features of the ZeroPro trading platform, and being web-based, it requires no installable software. The ZeroMobile is designed for mobile devices running on Android and iOS. It allows its users to access the ZeroPro, ZeroWeb, and ZeroFree trading platforms via their mobile handheld devices.

Tools

In addition to the various trading tools built into the provided trading platforms, the broker provides traders with some standalone trading tools — Stock Screeners, Economic Calendar, Technical Indicators, and more — for a better trading experience.

Education

The broker’s website contains a good selection of educational materials, such as learning articles, blogs, video courses, news, and an FAQ section that answers some of the common questions that traders may have.

TradeZero Learning Articles

TradeZero Learning Articles

Markets

TradeZero offers the following trading instruments: US stocks, ETFs, options, and more.

Accounts

Traders are allowed to open one live trading account. The minimum deposit required is $500, while leverage of up to 1:6 is available. A demo account is available for practice purposes.

Support

The broker’s client support team is available 24/7 to respond to all traders’ general, technical, and account-based inquiries via the following contact channels: telephone, email, Live Chat, and social media.

TradeZero Live Chat

TradeZero Live Chat

Funding

The broker only accepts bank wire transfers for both account deposits and withdrawal purposes.

Signup

To open an account, simply click on ‘Open Account’ at the top-right corner of the broker’s website and fill out the registration form. After confirming your email address, you can fund your account and start trading.

Compare

Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
Founded200619742007
RegulatedASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSAFCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFFASIC, CySEC, FSA, SCB
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
SpreadsFixedVariableVariable
Leverage1:4001:2001:500
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker

Conclusion

TradeZero, as the name implies, is an online trading broker that allows customers to trade various financial markets with zero commission fees. Trades are carried out on various versions of the proprietary trading platform. The broker provides educational resources and useful trading tools whilst offering a 24/7 customer support team to assist traders. The minimum deposit required to begin trading is $500.

TradeZero Logo

Min $500 Deposit

TradeZero is an online financial services provider that allows clients to trade various financial assets with zero commissions & fees.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

About the Author

Rana Adnan
I am an introverted long-distance runner and a Forex trader with more than 7 years of experience. Reminiscences of a stock operator was the first book that changed the whole concept of trading for me.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.

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