Trade12 Review 2023

Trade12 has closed. Please see the list of similar brokers or the Best Brokers List for alternatives.
/ 5
Trade12 is #107 in our CFD broker rankings.

Trade12 offers multi-asset trading with tiered account levels to suit different needs.

MetaTrader 4

Trade Signals

Islamic Account
Forex, CFDs, commodities, futures
Visa, Skrill, WebMoney, Sofort, Alipay
and 2 more

Forex Trading

Margin trading on majors, minors and exotics.

Stock Trading

Trade shares in some of the world's largest companies, from Microsoft to Facebook.

CFD Trading

Speculate on multiple financial markets.

Trade12 is an unregulated forex broker offering multi-asset trading on the MT4 platform. This review explores the company’s services, including leverage, fees, trading conditions and security. Find out whether Trade12 is a trustworthy broker.

Trade12 Details

Established in 2008, Trade12 is an unlicensed broker headquartered in the Marshall Islands. The company operates internationally, from Ukraine to Israel. Its range of forex, commodities and futures are traded daily, across the globe.

The broker’s reputation, however, does raise trust concerns. Many online reviews cite withdrawal issues and security concerns.

MT4 Trading Platform

Trade12 offers the widely used MetaTrader 4 trading platform. Available on desktop, mobile and tablet devices, the MT4 platform offers a user-friendly interface, multi-lingual support and one-click trading. The easy-to-use platform caters to both novice and experienced traders and offers a range of customisable features, including:

MT4 platform
MT4 platform

Trade12 also offers the MetaTrader WebTrader platform. The online solution enables users to execute trades instantly with no download required. The browser-based terminal offers many of the same features as the downloadable platform, including one-click order execution, social trading, plus live graphing and charting tools.

WebTrader is compatible with most major internet browsers.

Trade12 Products

Trade12 offers three primary asset classes:

Whilst the broker offers a reasonable list of products, a greater breadth and depth of assets can be found at other providers.

Spreads & Fees

Spreads on major and minor currency pairs such as EUR/USD begin at 1.2 pips and for EUR/GBP, start at 1.5 pips. For commodities, spreads begin at 4.5 pips for gold and 4 pips for silver. Premium account holders benefit from more competitive, fixed spreads whilst floating spreads are available for Beginner and Trader account holders. Premium account holders also enjoy lower transactional fees.

Note, clients should be wary of hidden fees such as swap charges on overnight positions. We would recommend checking for any additional fees with the customer support team when you open an account.


Leverage up to 1:400 is available with Trade12. Leverage is fixed across all account types. To change leverage levels, clients should contact the support team. Leverage should be used only with the experience to do so securely, as margin trading carries increased risk.

Mobile Apps

Trade12 offers clients the ability to trade anytime, anywhere via the MT4 mobile platform. The app is available for use on Android and iOS devices and is free to download. The app is synced with a trader’s desktop platform to facilitate seamless trading. Features include:

MT4 mobile app
MT4 mobile app

Payment Methods

Trade12 permits clients to make deposits, withdrawals and payments via multiple options:

The minimum deposit is $250. Trade12 does not charge additional transaction fees. However, whilst deposits can be made easily, traders have reported issues when attempting to withdraw funds from the broker. This is a serious cause for concern and one of the reasons we wouldn’t recommend registering for a Trade12 account.

Demo Account

Trade12 does not offer a demo account. This is a real shame as having an opportunity to test a broker’s services prior to investing funds is something that many potential clients look for.

Trade12 Bonuses

At the time of writing, Trade12 does not offer any bonuses or promotional codes. The broker falls short of the typical promos and offers provided by its competitors.


Trade12 is an unregulated broker. Its operations are not supervised by a regulatory body and therefore any capital invested may be at risk. also offers no insight into the legal standards it adheres to which does raise trust and safety concerns. As a result, we’d recommend using an alternative provider.

Additional Features

A handful of additional resources can be found at The features are basic and many are not accessible until you have opened a live account:


Trade12 offers four account types; Beginner, Trader, Expert and VIP. All accounts offer daily analysis, 24-hour customer support and mobile trading. The benefits as you progress towards the premium accounts include free VPS hosting, free bank transfers and tighter, fixed spreads. Deposits start from $250.

To login into your Trade12 account, head to the broker’s homepage and select the client portal located in the top right-hand corner.


Benefits of trading with Trade12 include:


Downsides of opening a Trade12 account include:

Trading Hours

Forex trading is accessible 24 hours a day from 5:00 pm ET Sunday to 5:00 pm ET Friday. For more information, head to the ‘Market Trading Hours’ tab on the broker’s website or contact the customer support team.

Customer Support

Traders can speak to customer support 24/5 via:

Trade12’s registered office is in the Marshall Islands.


The broker states that it uses SSL bit technology, risk management tools and secure withdrawal payment options, however, minimal detail regarding security measures is provided. Also, as an unregulated broker, the safety of client funds cannot be guaranteed. Numerous reports online have raised scam concerns, and we too are worried about the legitimacy of operations.

Trade12 Verdict

Trade12 provides a very standard offering in regards to account types, rates, assets and trading conditions. It does offer the popular MT4 platform, but its additional resources are scarce and the unlicensed status should be a warning. We would advise traders to open an account with a more trustworthy broker.

Accepted Countries

Trade12 accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Trade12 from United States, France, Belgium, Afghanistan, Botswana, Cote D’Ivoire, Cuba, Cyprus, Gambia, Egypt, Ghana, Guinea-Bissau, Guinea, Iraq, Iran, Kyrgyzstan, Lesotho, Liberia, Libya, Niger, Korea, Senegal, Sierra Leone, Somalia, Tajikistan, Togo, Turkmenistan, Colombia, Uzbekistan, Yemen, Zimbabwe.

Payment Methods

Trade12 Details

Minimum Trade 0.01 Lots
Islamic Account Yes
Mobile Apps Yes
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Yes
Social Trading Yes
Trade Signals Yes
Guaranteed Stop Loss No
  • Gold
  • Silver

CFD Trading Details

FTSE Spread Floating
GBPUSD Spread 1.5
Oil Spread Floating
Stocks Spread Floating
Leverage 1:400

Forex Trading Details

GBPUSD Spread 1.5
EURUSD Spread 1.2
EURGBP Spread 1.5
Assets 50

Compare Trade12

Compare Trade12 with similar brokers that accept traders from your location. Among available brokers these are the most similar to Trade12:

  1. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group
  2. Just2Trade – Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
    Go to Just2Trade
  3. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
    Go to World Forex

Trade12 Comparison Table

Compare Trade12 With Similar Brokers
Trade12 IG Group Just2Trade World Forex
Rating 1.3 4.4 3.5 4
Markets Forex, CFDs, commodities, futures CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account No Yes Yes Yes
Minimum Deposit $250 $0 $100 $1
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Regulators FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA CySEC, NFA, FINRA, Bank of Russia SVGFSA
Bonus Up to $2,000 for professional accounts 100% Deposit Bonus
Education No Yes No No
Platforms MT4 MT4, AutoChartist, TradingCentral MT4, MT5, TradingCentral MT4, MT5
Leverage 1:400 1:30 (Retail), 1:250 (Pro) 1:20 1:1000
Payment Methods 7 6 20 10
Visit Visit Visit Visit
Review Trade12
IG Group
World Forex

Compare Trading Instruments

Compare the markets and instruments offered by Trade12 and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Trade12 Trading Instruments
Trade12 IG Group Just2Trade World Forex
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes Yes Yes
Corn No No No No
Crypto No Yes Yes Yes
Futures Yes Yes Yes No
Options No Yes Yes No
ETFs No Yes Yes No
Bonds No Yes Yes No
Warrants No Yes No No
Spreadbetting No Yes No No
Volatility Index No Yes No No

Trade12 vs Other Brokers

Compare Trade12 with any other broker by selecting the other broker below.

Trade12 vs


Is Trade12 safe to use?

We would advise caution when dealing with this broker. The company has been identified as fraudulent and many clients have reported issues.

Is Trade12 regulated?

No – Trade12 is unregulated. Opening an account with Trade 12 carries a significant risk to the security of funds.

Is trading with Trade12 easy?

For the most part, yes. The Trade12 website and MT4 platform are easy to navigate and users can open an account in just three steps. However, traders have cited issues with withdrawing funds.

Trade12 is a legal entity but it is not regulated and there are multiple complaints online from customers.

What is the minimum deposit at Trade12?

$250 is required to open a Beginner account. $10,000 is required to open the Trader account and $50,000 is needed to open the Expert account. The VIP account has no fixed minimum deposit and can be negotiated with the customer support team.

Trade12 offers multi-asset trading with tiered account levels to suit different needs.