Item: Traze
Rating: 7.40

Traze

United Kingdom | 2-5 years |

https://traze.com/

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Company Summary

TRAZEReview Summary
Founded	2004-07-20
Registered Country/Region	Seychelles
Regulation	Regulate(FCA), General Registration(FSCA)
Market Instruments	Forex/Commodities/Shares/Cryptocurrencies/Metals/Indices
Demo Account	✅
Leverage	Up to 1:2000
Spread	From 0.2
Trading Platform	MT4(iOS/Android/Windows/Mac)
Min Deposit	$50
Customer Support	Email: cs@traze.com
	24-hour hotline: 400-8692-878
	Twitter/Facebook/Instagram/LinkedIn

TRAZE Information

TRAZE is a FCA-licensed broker. The tradable instruments with a maximum leverage of 1:2000 include forex, commodities, shares, cryptocurrencies, metals, and indices. The broker also provides two accounts, including STP Trading and ECN Trading. The minimum spread is from 0.2 pips and the minimum deposit is $50. Traders can also access the MT4 trading platform through TRAZE.

Pros and Cons

Pros	Cons
Regulated	No specific transfer method
Leverage up to 1:2000	No specific transfer time and fee information
24/5 customer support	Unclear swap fee
Spread as low as 0.2
Demo account available
MT4 unavailable

Is TRAZE Legit?

FSCA regulates TRAZE with license number 48248, but its current status is General Registration. FCA also regulates TRAZE under license number 768451 and the Straight Through Processing(STP) type.

What Can I Trade on TRAZE?

TRAZE offers over 120 market instruments, including forex, commodities, shares, cryptocurrencies, metals, and indices.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Shares	✔
Cryptocurrencies	✔
Metals	✔
Indices	✔
Stocks	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

TRAZE has two account types: STP Trading and ECN Trading. Traders who want low spreads can choose an ECN Trading account, while those with a small budget can open an STP Trading account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Account Type	STP Trading	ECN Trading
Minimum Deposit	≥$50	≥$200
Minimum FX Spread	1.3	From 0.2
Maximum Leverage	1:2000	1:2000
Standard Lot Contract Units (FX)	100000	100000
Stop-Out Level	30%	50%
Minimum Trade Size (Standard Lot)	0.01	0.01
Maximum single order in Standard Lots	30	50

TRAZE Fees

The spread is from 0.2. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.

Trading Platform

TRAZE provides the Traze Mobile Application and the authoritative MT4 trading platform available in iOS, Android, Windows, and Mac. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems. In addition, Copy-Trading Platform can save time customizing trading strategies