New forex company Tradu enters the market
Looking for a new trading platform? If you’re one of the 18% of Brits who invest in stocks, then Tradu could be the ideal place for you to do it. This is a brand-new forex company that offers a superb service and makes it easy to trade some of the biggest stocks around the world.
However, as with any new trading platform, you won’t want to jump straight into using it without doing a thorough background check about it and what it can offer you. We understand that this is a big decision to make, which is why we’ve taken a deep dive into the Tradu world, so you can learn the most important features of it.
Our guide below discusses the ins and outs of Tradu, what it is and why you should consider switching to this company for all your trading needs. Read on to discover more.
What is Tradu?
As previously mentioned, Tradu is a new forex trading platform that provides an excellent alternative to others in the market. This is a fully compliant platform that is well-backed to ensure your investments are protected for your peace of mind.
One of the major pull factors that Tradu offer is a more straightforward way to trade and Software Programme Manager, Joe Harari explained how this was possible as he said:
“we’ve simplified the platform. You don’t have to subscribe, placing a trade doesn't need to feel like you're about to launch a missile, it’s all pre-selected and it creates a very nice experience. But also, we're not dumbing it down either. You can still do the fancy stuff on our platform, so if you want all those features, they’re there. But if you don’t care about that then you have a simple UI that is friendly and easy to use.”
Why should I use Tradu?
There are plenty of reasons to use Tradu to trade stocks and here are just a few:
- More than 10,000 tradeable assets
- Over 8,000 US stocks and one flat fee of $1 regardless of how many shares you buy
- 106 indicators and 37 drawing tools
- More than 100 commodities
- Average execution 18 milliseconds
- Zero commission on leveraged products
One login to the central portal, from where you can toggle between specialised platforms for each asset class
Are there any risks when using Tradu?
Tradu keeps risks to a minimum thanks to their backing by Jefferies, a leading global investment firm. This means that security measures are robust and Tradu has little risk of going under, which should give you peace of mind that your investments are protected.
What’s more, Tradu is fully compliant with global laws and regulations, so you can trust it to offer a by-the-book service. Michael Grant, the Director of Global Compliance explains how he’s:
“Involved in dealing with queries from those jurisdictions, communicating with the compliance team across the world and making sure we function properly. Another key element of my role is to maintain our relationships with local regulators so that it smooths our path in terms of developing our business across the globe."