Trade.com — where it wins, where it loses
Trade.com does not currently take a column outright against this field. It loses on tier-1 cover, published spread, lapsed licence on file. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
No column where Trade.com takes the field outright.
Loses on
- tier-1 cover
- published spread
- lapsed licence on file
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| FSC Mauritius | C119023948 | Mauritius | Tier 3 | Lead Capital Global Ltd | trade.com |
| CySEC | 227/14 | Cyprus | Tier 2 | Trade Capital Markets (TCM) Ltd | cysec.gov.cy |
| FCA | 738538 | United Kingdom | Tier 1no longer active | Trade Capital UK (TCUK) Ltd | register.fca.org.uk |
Checkable
Facts the comparison runs on
On the record
- The current trade.com site states it is a trade name of Lead Capital Global Ltd, 'authorized and regulated by the Financial Services Commission of Mauritius (license number C119023948)', and that the company 'does not fall within the European financial regulatory framework'.
- The CySEC register lists Trade Capital Markets (TCM) Ltd, licence 227/14 issued 17/02/2014, company registration 324232, 148 Strovolos Avenue, Nicosia.
- The FCA register entry for Trade Capital UK (TCUK) Ltd (FRN 738538) states the firm 'has applied to cancel its authorisation but must still meet our standards in dealing with its obligations'.
- Trade.com's own regulation page displays two different Mauritius registration numbers for Lead Capital Global Ltd (C170738 in one block, C107110 in another).
| Trading since | not verified |
|---|---|
| Base | Suite 403, 4th floor, The Catalyst Building, Ebene, Reduit, Mauritius |
| Minimum to open | not verified |
| Leverage cap | |
| EUR/USD | not verified |
| Terminals | |
| Account tiers | |
| Markets | not verified |
| Record confidence | medium |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- founded year not verified (directories claim 1999)
- minDeposit, maxLeverage, spreadEurusd, platforms, accountTypes and instruments not verified from primary pages
- segregatedFunds and negativeBalanceProtection not verified
- Lead Capital Global's own pages show conflicting registration numbers (C170738 vs C107110)
- TCUK licence end date not stated on the register entry
- whether CySEC-licensed TCM still serves the trade.com brand is not verified from a primary page
Costs less
Who beats Trade.com on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.