The broker we reviewed, TradeEU Global, offers access to a modern platform for trading more than 250 CFD assets. The platform belonged to Titanedge Securities Ltd, based in Cyprus, and was licensed by the CySEC. It is now managed by TRADESENSE HOLDING LTD, licensed by FSC Mauritius, number GB21026906. Meanwhile, the business model and the founding date are not specified on the official website for unknown reasons. Can a brokerage organization that only has a Mauritius license be safe? And how advantageous are the trading conditions? This needs to be understood.
How to Trade
Trading is available in various asset classes: forex, metals, cryptocurrencies, indices, commodities, and stocks. TradeEU Global offers three types of accounts, which differ in the size of the spreads:
- Silver. The minimum spread is 2,5 pips.
- Gold. Tight spreads — starting from as low as 1.3 pips.
- Platinum. As low as 0.7 pips.
The maximum leverage is 1:200, with volumes from 0.01 lots. Furthermore, TradeEU Global allows the use of advisors for automated trading, as well as hedging. Clients can only open accounts in EUR currency. The working terminal used by the company is TradingView, which is compatible with all types of devices. Additionally, traders have access to support from a relationship officer and educational resources.
TradeEU Global Vital Info
On the official website, we did not find the founding date of the firm. However, looking at the date of obtaining the license from the CySEC, it can be concluded that TradeEU appeared in 2021. Meanwhile, the domain of the official website (tradeeu.com) was registered in 2012, but nothing was on it until 2021. This means the broker began operations in 2021.
We have already checked the FSC Mauritius registry for the presence of a license. Indeed, TRADESENSE HOLDING LTD is under the control of this regulator. However, the firm does not have any other licenses.
Scammers can't even disclose the size of the minimum deposit!!! I'm not even talking about the business model, which here is 100% B-Book. Be prepared for your deposit to be drained. TradeEU works against traders! Client money is their profit!
I believe TradeEU is a typical brokerage company offering CFDs. I didn't see anything interesting, but I also can't say anything bad about them. There's nothing unique here, but the broker offers all the standard and basic features: automated trading, a modern and advanced terminal, several types of accounts, and so on. There is a license, but only one. There are guarantees, but few. The lack of reputation is bad. Multilingual support is good. In general, TradeEU is an ordinary firm that needs to be checked. If you trade here, only do so with small amounts of money. Gradually increase your deposit if the company actually withdraws money.
Quite a good company, which, although not operating for very long, has already earned a positive reputation... the firm is oriented predominantly towards residents of Europe... many jurisdictions are prohibited here because the broker adheres to regulatory requirements... mandatory KYC, leverage of 1:30 - these are clear proofs of compliance with norms and requirements...
Mandatory KYC is certainly OK, but in the hands of fraudsters totally the opposite.
That way, they get all the information they need to really screw people.
KYC in the wrong hands is dangerous and says nothing about the company
So far, I can't decide whether to open an account and fund a deposit with TradeEU. It seems like a cool company with licenses, all the legal documents in place, and some guarantees. But something tells me it's better not to take the risk and find a safer and more verified broker. Has anyone here already traded? What can you say about the service, conditions, and most importantly - does the firm withdraw money or not? I am very concerned about the safety of my funds. I don't want to fall into fraudulent hands and then tear my hair out over a mistake. Therefore, I would be grateful if someone could provide information about the safety of the broker. Can it be trusted or not?
I don’t see anything good. They operate as a dealing desk, their period of operation is very short, and online reviews are scarce. In general, don't take the risk.
It looks somewhat sketchy. Despite having a CySEC license, TradeEU has a generic and typical-for-scammers official website. The platform is also unknown. The screenshot shows one terminal, but the account types description mentions MetaTrader. There's no information about the minimum deposit and commissions, although these are important elements of any description of trading conditions.
On the other hand, there's no high leverage as it's limited to 1:30, and there are no bonuses. This suggests the legality and decent quality of TradeEU. However, the firm's secrecy is very off-putting. If I were choosing a broker, I definitely wouldn't open an account here. I like everything to be known and open. But here, transparency is only halfway maintained. It's better to be safe and find a broker where everything is 100% transparent and verified.
It's been a week since I started trading with tradeeu. So far, for me, it's a standard forex intermediary offering usual conditions: standard spread, leverage of 1:30, a good and maximally simple trading platform. The broker allows using strategies. I've already withdrawn profit once. I deposited 10,000 euros, earned 600 euros, which I requested to withdraw. I immediately completed the KYC, as it is a mandatory requirement. The money was sent quickly, without delay.
Let's see how the company operates moving forward. Let's see how it handles the withdrawal of large sums, whether it will be reliable enough. It's too early to judge, but the organization has earned 3 points so far.
A friend started trading here, but I don’t think he'll last long. Usually, firms like TradeEU quickly turn into scams, although so far everything seems good, and my friend is even making some money.
Of course, I want to be wrong because I don't wish a lost deposit on my friend, but it's very risky to work with companies like TradeEU that lack reputation and have only one license.
For over a year, I have been actively trading on the TradeEU platform. When choosing a company, I based my decision on their guarantees: the presence of a CySEC license, a focus on European residents, the existence of a compensation fund, and the storage of user funds in top European banks. I also read some positive reviews about the firm from active traders.
I did not make a mistake in choosing the company. TradeEU really does provide top-quality service, and security is at the highest level. In the first few months, I was worried about whether I would be able to withdraw money, but the intermediary consistently processed my withdrawal requests quickly and accurately, sending me my funds. There were never any problems or delays in order execution. I wish everyone had such a service! Now, I have no doubts. I trust the platform 100%. It has earned my full trust.
Are you in your right mind to open a brokerage account with trade eu? The company only started operating in 2021, if not later! It has zero reputation. The brand is unestablished, nameless, and nobody knows about this shack. What does it even represent? Yes, there's a CySEC license, but it's very easy to obtain that. Where are the more serious licenses? BaFin, FCA, and others? And what about the business model? That's where the real issue lies. Trade eu's business model is a classic dealing desk, so there's no point in expecting good and honest service from the company. The broker will inherently play against traders, as all dealing desks only profit when clients lose money.
So, make your own conclusions. Think about who you plan to collaborate with. Is the risk worth anything? Here, the risk is definitely senseless.