The brokerage company Trade Capital Markets (TCM) Ltd (ex. Lead Capital Markets Limited) operates under a trading name Trade.com. It is regulated by Cyprus Securities and Exchange Commission (CySEC) and offers over 2,000 instruments available for online trading through the popular MetaTrader 4 platform, or the company’s own developed WebTrader.
The first impression is that this is a simple but useful platform. You can view all its features without even having to log in. The left side shows the trading window. Customers can view instruments properties such as sell and bye prices, daily change and the trend direction. Instruments are arranged by popularity, top risers, top fallers, top volatile and top traded.
Clicking on the instrument opens its chart into the first chart window. Various sorting options are in the leftmost part of the window, including the search field. All offered instruments can be viewed as an asset class – currencies, commodity and so on. Positions, orders and alerts are also in this ribbon. Although there are many sorting options, instruments cannot be arranged by dragging-and-dropping.
Price alerts can be set by clicking on the bell sign next to the instrument’s name in the chart window. Alerts are sent as an email or as a push notification. Clicking on the star sign adds the instrument into the personal watchlist.
Charts look simply but reflect every price change without any delay. Time period can be chosen from 1 minute to 1 month. Price movements can be represented as candles, bars, lines and areas. Chart windows can be maximized or be added into a multi-chart dashboard. The scroll button of the mouse is also a zooming tool. Plenty of technical indicators are available and up to 5 can be placed into the chart. Customers can change the color of almost all elements of charts. Some basic drawing tools are also available, and the traders can see a buy or sell price or an average. There is a screenshot button that is useful if you need to capture the chart screen.
Trading is done from the box over the charts. Entering the amount opens the Place Order window. Here you can open directly the position, or you can attach stop loss and take profit orders to it. The opening price is displayed as a line, so you can quickly compare it to the market price. Position properties can be edited directly from the chart.
There are tabs above the chart window where different displays can be switched. They include Key Statistic, Profile, Related Instruments, Open positions and Orders. Link to the event and trade calendar is available in the Trading tools tab on the upper right corner. Closed position and canceled order reports can be displayed by clicking the My Account spreadsheet menu.
We can conclude that this is an easy-to-use and well-functioning platform, which is especially suitable for beginners and traders who do not use expert advisors for automated trading. It only requires a web browser and can be used by both a smartphone and a tablet.