Tradematics.com is a registered trademark of Golden Brokers Ltd., offering cutting-edge technology that provides both professional and individual traders with access to the world’s largest and most liquid financial markets. Notably, Tradematics is the first broker globally to integrate artificial intelligence into its trading platform.
Tradematics provides more than 60 currency pairs and CFDs on shares, indices and commodities, metals or energies and also a free Demo account.
Tradematics Review – Table of Content
The broker’s website
The Tradematics.com website is generally well-regarded, particularly for its clarity and easy navigation. Users appreciate the intuitive design, which allows for quick access to information about trading instruments and educational materials. The registration process and trading itself are both fast and seamless.
When it comes to language support, the website is available in three different mutations. Apart from English, you can choose Arabic or Vietnamese. That might be a bit of a downside, since a lot of brokers offer much more different translation to choose from.
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What can be traded, trading instruments
As mentioned, on the Tradematics.com platform, it is possible to trade various financial instruments such as commodities, forex currency pairs, indices, and stocks. Each of these instruments is explained in detail on their website, making it easier for users to understand how the markets operate and trade them effectively.
Broker regulation
Tradematics is a registered trademark of Golden Brokers Limited. Golden Brokers Limited is authorized and regulated by the Labuan Financial Services Authority (“LFSA”). Your funds are closely monitored to ensure compliance with the latest regulatory rules, requirements, and guidelines, while also ensuring their separation from the company’s accounts and financial resources. This information can also be found on their website under the “Licenses and Regulations” section. Transparent and straightforward.
Demo Account
A demo account is one of the best ways to learn. It is a virtual account that mimics a real one. You can practice on the actual platform with virtual funds that are pre-loaded. Demo accounts are usually free and unlimited, but each broker has different terms, so be sure to check them. Tradematics.com offers a demo account, and the option to open one is available at the bottom of the website at all times.
Fees
Broker fees may vary and change. There may be additional fees not listed in this overview. In the “Trading” section, you can find a simple explanation of the trading conditions. If a position is held overnight, swaps will be charged, but I couldn’t determine the exact amount. I didn’t find any other fees, and spreads are listed individually in the “Instruments” section.
Registration
The registration process on the Tradematics.com platform is simple and quick. Just click on the “Register” button, and a short form will appear where you fill in your first name, last name, and email address. After submitting the form, you will receive two emails – one with your login details and another with an activation link to confirm your registration.
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Once your account is activated, you will have the option to choose the type of account you want to use – whether you select a standard trading account or decide to try the demo version, where you can safely test your trading strategies without the risk of losing real money. This process is designed to be as convenient as possible, allowing users to start trading as soon as possible.
Then you choose what account you want to go for.
The demo account is pre-loaded with 100 000 USD for you to use when learning.
Trading platforms
Trading is also possible via smartphone through the Tradematics app, which is available for both iOS and Android operating systems. This app allows users to easily log in and out, open and close trades, set various trading orders, and access other features.
On a computer, the xStation trading platform is available for download, or you can use the web version called Webtrader. Both options offer a user-friendly interface and a wide range of features for efficient trading.
Social networks
The Tradematics website provides links to all major social media platforms. Users can easily navigate to their profiles on platforms such as Facebook, Twitter, LinkedIn, and Instagram directly from the website. These links allow users to stay updated with the latest news, stay connected, and follow their activities on social media.
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Advantages and disadvantages
The broker’s advantages are clearly outlined on their website. In addition, they are regulated, and all legal documents are available for download. The website itself is simple to navigate, with a clean design. Each trading instrument is well explained, and customer service is advertised as being available 24/7 and professional.
However, the website has some limitations. There are no videos in the Education section. I also couldn’t find any information regarding fees or more details about the single account they offer. The registration process was straightforward, and I received emails promptly, but I was unable to open the demo account. Lastly, there is no live chat option to resolve this issue.
