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.
TradeZero Review, 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
In this detailed TradeZero review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
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.
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.
Some TradeZero features and products mentioned within this TradeZero review may not be available to traders from certain countries because of legal restrictions.
TradeZero provides traders with four different state-of-the-art zero commission trading platforms: ZeroPro, ZeroWeb, ZeroFree, and ZeroMobile 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.
TradeZero Trading 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.
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 offers the following trading instruments: US stocks, ETFs, options, and more.
TradeZero Accounts & Fees
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.
As broker fees can vary and change, there may be additional fees that are not listed in this TradeZero review. It is imperative to ensure that you check and understand all of the latest information before you open a TradeZero broker account for online trading.
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 Deposit & Withdrawal
The broker only accepts bank wire transfers for both account deposits and withdrawal purposes.
TradeZero Account Opening
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.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.