From professional traders to beginners, from small depositors to large, the range of trading account types we offer are tailor-made to match your needs and investing goals. Simply choose your preferred trading account and pricing model to begin your journey.
*CFD-retail client accounts generally lose money
You can trade 24 hours a day, starting at 00:00 Monday and closing at 24:00 Friday (server time). Please note that the server time is GMT + 2 (GMT + 3 applies during daylight saving/summertime).
If you have already opened a trading account, received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice and start trading. You can download your trading platforms here.
Tradevo is operated by Rockfrost LTD, which ensures the safety of client funds and consumer protection under the Markets in Financial Instruments Directive (MiFID). Some of the measures we take are as follows:
As a regulated financial services provider, we are obliged to meet strict financial requirements, including the monthly submission of financial reports to our main regulatory body, the Cyprus Securities and Exchange Commission (CySEC). We are thus required by law to maintain sufficient liquid capital in order to cover clients’ deposits, possible fluctuations in the Company’s currency positions, and any outstanding costs. Our regulator is informed by any deficiencies in a detailed audit submitted by an independent internal auditor every year.
The CFDs margin formula is Lots * Contract Size * Opening Price * Margin Percentage.
How can I calculate 1 pip of profit or loss?
1 pip of profit or loss is calculated as: Amount of Base Currency*Pips = Value in Quote Currency. For example:
Value of 1 pip in EUR/USD= 1 Lot (100 000 €)*0.0001= 10 USD
Value of 1 pip in USD/CHF= 1 Lot (100 000 $)*0.0001=10 CHF
Value of 1 pip in EUR/JPY=1 Lot (100 000 €)*0.01= 1000 JPY
We offer negative balance protection to all clients as part of the Agreement with a client, as long as it is not manipulated. The interests of our clients are our primary objective; therefore, we ensure that clients may never lose more than their total deposits.
Our platform supports such functionalities. Please be aware that trading operations using additional functions on your client terminals such as trailing stop or expert advisor are executed completely under your responsibility, as they depend directly on your trading terminal.
Yes, we do. You are free to hedge your positions on your trading account. Hedging takes place when you simultaneously open a LONG and a SHORT position on the same instrument.
Leverage is the multiplication of your balance. This allows you to open bigger trading positions since the margin required will be lowered according to the leverage of the instrument you have chosen to trade. Even though with leverage you can make a bigger profit, there is also a risk of having a bigger loss because the positions you open will be of higher volume (lot size).
Example:
Your account balance is 100 EUR
The leverage based on the instrument you wish to trade is 30:1
For your trading capital this means 30 * 100 EUR = 3,000 EUR to trade (instead of 100 EUR).
How can I open a new trade/position?
Select ‘Tools’ and then ‘New Order’ from within your trading platform.
Complete the required information in the new window.
It is relatively simple process. Click Open Account, fill in the form and upon completion you will receive an email with your login details that you can use to log in to our secure Client Members Area. Here you will be able to upload your KYC and fund your trading account using the available methods.
After your profile is verified, to open a trading account is very fast. It can take from few minutes to up to few hours depending on the documents you have provided for the verification purpose.
To fully verify your profile and take advantage of all of our trading account features, you will first need to verify your identity and address on the Verify your profile page.
You need to download one of our MT4 trading platforms or start trading through the MT4 Webtrader via your browser. Both options are also available in your Client Member area.
Tradevo offers a variety of payment methods including credit and debit cards, e-Wallets, Bank Wire transfers.
You should note that we do not accept cash deposits.
You can amend the name by sending us an email with your registered email to [email protected] explaining why you wish to change it and attaching a copy of your identity document. We will then contact you regarding the status of your request.
You can amend your residential address by sending us an email to [email protected] with a copy of your proof of residence document attached. We will then update your profile.
You can find details on acceptable proof of residence documents in your Client Member Area.
Restart your MetaTrader 4 terminal by closing it and launching it again.
To change your MT4 password, please log into your MT4 Platform, click on ‘Tools’, then ‘Options’, click on ‘Change’ next to the password Tab. Please enter your current password and enter a new one, then click ‘OK’.
To change the password on your Android/iPhone, please click on the ‘Settings’ tab, then click on ‘Accounts’. On the bottom right corner, you will see a Key icon, and please click on it. You will see a pop-up window to change your password.
While all features and functions of a real account are also available for a demo account, you should keep in mind that simulation cannot replicate real trading market conditions. One relevant difference is that the volume executed through the simulation does not affect the market; while in real trading volumes have effect on the market, especially when the deal size is large. The speed of execution is the same for real trading accounts as for the demo accounts.
Moreover, users can have a very different psychological profile depending on whether they trade with demo or real accounts. This aspect may impact the evaluation performed with the demo account. We advise you to be cautious and avoid complacency about any conclusion that you may draw from using a demo account.
Open the trading platform and select the Account History tab. Right click to enable the context menu, which will allow you to save your trading history as an .html file so that you can later view it when you log out of the trading platform.
To add an expert advisor (EA), first you need to open the MT4 Client Terminal, click on File on the top navigation menu, and click Open Data Folder in the drop-down menu. In the open Data Folder click on MQL4 and Experts. The Experts folder is where you can add the expert advisors (EAs). Paste the .mq4 or .ex4 EA file into the Experts folder. Once you are ready with this, restart the MT4 platform by closing it and then reopening it.
Log in to your MT4 platform -> Market watch window -> right click -> Show all -> scroll down and you will be able to see all instruments available for trading.
You will be able to make your first deposit right after your account has been verified. You may always log in to your Client Member Area and choose ‘finances’ tab in the menu. Deposit option will be available along with a variety of offered funding types.
We do not charge any fees for the transactions. However, your respective banks or payment providers might charge you additional fees.
The minimum deposit/withdrawal amount varies according to the payment method you choose. You can read more details about the deposit and withdrawal process in the Members Area.
In order to protect all parties against fraud and minimise the possibility of money laundering and/or terrorist financing, Tradevo will only process withdrawal/refunds back to the source of the original deposit according to the procedure below:
Credit/debit card withdrawals. Withdrawal requests submitted, regardless of the withdrawal method chosen, will be processed via this channel up to the total amount deposited by this method.
E-wallet withdrawals. E-wallet refunds/withdrawals will be processed once all Credit/Debit card deposits have been completely refunded.
Other Methods. All other methods such as bank wire withdrawals shall be used once deposits made with the above two methods have been completely exhausted.
All withdrawal requests will be completed within 24 working hours; however all withdrawal requests submitted will be instantly reflected in the clients’ trading account as pending withdrawals. In case a client selects an incorrect withdrawal method, the clients’ request will be processed according to the procedure described above. All client withdrawal requests shall be processed in the currency in which the deposit was originally made. Should the deposit currency differ from the transfer currency, the transfer amount will be converted by Tradevo into the transfer currency at the prevailing exchange rate.
Yes, you can. However, to ensure the safety of our clients’ trades the following restrictions apply:
It depends on the country the money is sent to. Standard bank wire within the EU takes 3 working days. Bank wires to some countries may take up to 5 working days.
If one of your deposit methods has been a credit/debit card, you always need to request withdrawal up to the deposit amount, as a prior to any other withdrawal method. Only in case that amount deposited via credit/debit card is fully refunded back to source, you may select another withdrawal method, according to your other deposits.
