Profile
Trading.com is a global forex and CFD broker operated by Trading Point Holdings Ltd, the parent company of XM. It offers access to major currency pairs, indices, commodities, and shares through the MetaTrader 5 platform, with a focus on simple account structures and low-cost execution. This Trading.com review covers regulation, execution, platform features, and client protection as of 2025.
Regulation and Security
Trading.com operates under two regulated entities:
- Trading.com Markets Inc: Regulated by the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA ID: 0516820) in the United States.
- Trading Point of Financial Instruments UK Ltd: Regulated by the UK Financial Conduct Authority (FCA ID: 705428).
As a result, Trading.com complies with stringent regulatory requirements in both the US and UK, including fund segregation, leverage restrictions, and negative balance protection. UK clients are covered by the FSCS up to £85,000, and US clients benefit from NFA dispute resolution mechanisms.
Execution Model
Trading.com operates a no dealing desk (NDD) model, executing all client orders directly through liquidity providers. The broker uses straight-through processing (STP) and does not intervene in client trades or re-quote prices.
Order execution is typically sub-100ms and hosted via secure data centers. All orders are processed anonymously to avoid conflict of interest, and the broker publishes execution statistics in accordance with regulatory requirements.
Trading Platforms
Trading.com exclusively supports the MetaTrader 5 (MT5) platform:
- Available on desktop, web, and mobile
- Supports Expert Advisors (EAs) and algorithmic strategies
- Includes over 80 technical indicators, 21 timeframes, and Depth of Market (DOM)
No proprietary trading platform is offered. API access is not available for retail traders, and MT4 is not supported.
Supported Markets
Trading.com offers CFD trading on a broad range of asset classes:
- Forex: 50+ currency pairs including majors, minors, and exotics
- Indices: S&P 500, Dow 30, NASDAQ 100, DAX 40, FTSE 100
- Commodities: Gold, silver, oil, and agricultural products
- Shares: US, UK, and European equities
All instruments are available as CFDs. Cryptocurrency trading is not supported due to regulatory constraints in key jurisdictions.
Account Types and Trading Conditions
Trading.com offers a unified account model, with consistent trading conditions across the board:
- Minimum deposit: $50
- Spreads: From 0.6 pips on EUR/USD
- Leverage: Up to 1:30 in the UK and EU (retail), 1:50 in the US (CFTC limit)
- Base currencies: USD, GBP, EUR
Order types include market, limit, stop, and trailing stop. Micro lot trading (0.01 lots) is supported, and there are no deposit or withdrawal fees on the broker’s side.
Retail and Institutional Features
Trading.com is primarily aimed at retail traders. While it inherits infrastructure from XM and Trading Point, it does not currently offer white-label, MAM/PAMM, or institutional liquidity services. Features include:
- Flexible margin and account currency options
- Negative balance protection for all clients
- Free educational webinars and market analysis
Institutional clients are referred to XM Group for advanced solutions.
Client Protection and Transparency
Trading.com follows a robust client protection framework:
- Client funds held in segregated Tier 1 bank accounts
- FCA-regulated clients covered by FSCS up to £85,000
- Full risk disclosures and execution policy available online
The broker complies with MiFID II and CFTC reporting obligations and does not engage in proprietary trading against clients.
Base Currencies, Order Types, and API Access
Accounts can be funded and denominated in USD, GBP, or EUR. Order types supported via MT5 include:
- Market, limit, stop, trailing stop
- Good-till-cancelled (GTC) and good-till-date (GTD)
No public API or FIX protocol is available for retail traders. Advanced connectivity is limited to XM’s institutional clients.
Pros and Cons
- Pros:
- Regulated in both the UK (FCA) and US (CFTC/NFA)
- Low minimum deposit and competitive spreads
- MT5-only model reduces platform fragmentation
- Strong client fund protection mechanisms
- Cons:
- Limited platform support (no MT4 or proprietary app)
- No crypto CFDs offered
- Retail-only focus with no institutional accounts
- No API access for custom trading strategies
Frequently Asked Questions
Is Trading.com a regulated broker?
Yes. Trading.com is regulated by the FCA in the UK and the CFTC/NFA in the United States, providing high levels of client protection.
Which platforms does Trading.com support?
Trading.com exclusively supports MetaTrader 5 (MT5). MT4, cTrader, and proprietary platforms are not available.
What is the minimum deposit at Trading.com?
The minimum deposit is $50 or equivalent in other base currencies such as GBP or EUR.
Does Trading.com offer ECN or DMA execution?
No. Trading.com operates an STP model without direct market access (DMA). It does not offer ECN accounts.
Can I trade cryptocurrencies with Trading.com?
No. Cryptocurrency CFDs are not available due to regulatory restrictions in its main operating jurisdictions.
