Find out the major disadvantages of Tradeor Forex Brokers and alternatives with lower fees and more security. Unbiased Tradeor Alternatives reviews.

4.7 / 5

Rating breakdown

Security
90%
4.5/5
Ease of Use
100%
5.0/5
Tradable Assets
80%
4.0/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
100%
5.0/5
Support
90%
4.5/5

Things we didn't like:

 No demo account
 TradeOr offers only one payment method – bitcoin

Why would you want an alternative to TRADEOR?

Though TradeOr is a promising new entrant on the online trading scenery and a very promising one at that, especially since its proprietary trading platform makes trading really easy and straightforward, it may not be the ideal broker for all traders, who may wish to seek other alternatives to better meet their specific trading needs.

The most striking difference of TradeOr from other brokerages is the fact that it only accepts Bitcoin as a payment method. This ensures the instant execution and the utmost safety and privacy of all transactions, but it may be problematic or a barrier in the eyes of some users, who might not be willing to first exchange their fiat currency into Bitcoin and then proceed into trading via TradeOr.

Moreover, traders seeking a broker with a strong offering in terms of education, training and market research will definitely need to look elsewhere as, at least for the time being, TradeOr does not offer such content on its website for its customers. Additionally, more professional, seasoned traders, whose trading styles and strategies require extensive access to dedicated and advanced analytics tools, might also need to seek an alternative broker or at least use additional sources towards this end.

Traders who require access to a demo account before setting up a live trading account will also need to seek an alternative to TradeOr, since this brokerage does not currently offer a demo account. Another downside in the eyes of certain traders, especially more seasoned ones, is the fact that TradeOr does not offer multiple account types, which may be tailored to each trader’s needs as other competitors do, but only has one account type with the same leverage, fees and spreads for all users.

What to look for in a TRADEOR Alternative?

If you do decide to find an alternative broker to TradeOr it is imperative that any service provider you are considering instead, should be one that offers you a safe, secure and reliable trading environment, both in terms of transaction execution, as well as the safety of your funds and the secure protection of your privacy and personal and transaction data. Since the TradeOr platform is innovative, seamless and extremely user-friendly and easy to use, ensure that any alternative broker can at least match if not exceed this, as the usability of the trading platform is crucial to the success of your overall trading endeavor.

Moreover, since TradeOr is still young and its tradable assets offering still fairly limited, a competent and effective alternative brokerage would be one that offers you greater confidence due to its proven and consolidated existence in the industry, as well as a more wide and extensive selection of tradable assets, which will enable you to effectively engage in the diversification of your investment portfolio.

Best TRADEOR alternatives – forex brokers like (or better than) TRADEOR

4.0 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
80%
4.0/5
Tradable Assets
80%
4.0/5
Deposit and withdrawal
80%
4.0/5
Trading Fees
80%
4.0/5
Support
80%
4.0/5

Things we liked:

 Accepting US Clients Up to 500:1 leverage
 Low minimum deposit requirement

Things we didn't like:

 Absence of a direct telephone number for customer support
 Ospreyfx is not a fully licensed and regulated broker

#1
OspreyFX Overview

Named after the very large, distinctively shaped, fish preying hawk, which suitably decorates the brand’s logo, OspreyFX is a relatively new entrant in the world of forex brokerages, aiming to offer existing and aspiring traders an innovative venue in which they can satisfy all their trading needs, including the trading of cryptocurrencies.

3.8 / 5

Rating breakdown

Security
90%
4.5/5
Ease of Use
80%
4.0/5
Tradable Assets
80%
4.0/5
Deposit and withdrawal
60%
3.0/5
Trading Fees
60%
3.0/5
Support
80%
4.0/5

Things we liked:

 eToro offers commission-free stock and ETF trading in Europe and offers low fees for non-EU clients.
 Account opening is fast and seamless.
 It has innovative features like social trading that lets you copy others.

Things we didn't like:

 eToro has unreliable customer service, and its trading platform freezes sometimes.
 Education tools are very limited.

#2
eToro Overview

Since its foundation in Israel in 2007, eToro has quickly climbed the ladder of the social trading revolution and proudly occupies the leading position as the world’s biggest social trading and investment platform, which is initially introduced in 2010.

3.7 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
80%
4.0/5
Tradable Assets
80%
4.0/5
Deposit and withdrawal
80%
4.0/5
Trading Fees
60%
3.0/5
Support
60%
3.0/5

Things we liked:

 Fast FXTM customer service in several languages.
 Plenty of educational tools.
 Fast account opening

Things we didn't like:

 FXTM charges inactivity and withdrawal fees.
 High financing costs for overnight positions
 Limited product portfolio

#3
FXTM Overview

FXTM is a leading Forex and CFD broker, which has to date won several coveted awards and trades under the name ForexTime Limited. This broker is regulated by several financial watchdogs across the globe, including the UK’s Financial Conduct Authority (FCA), and it is thus considered a trusted and secure venue for your trading endeavors. Moreover, it enjoys huge popularity amongst traders of all levels, from beginner to pro, and its users consider the user experience it provides as top-notch.

TradeOr Alternatives Frequently Asked Questions (FAQs):

Are there any sites like TradeOr?
Yes, there are many sites offering similar services like TradeOr. Those include OspreyFX and many more. If you are to look for an alternative to TradeOr for your crypto trading needs, then you must make sure it is one with a better offering.

Are you Satisfied with what They Offer?