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Traze Overviews
Traze is a regulated online broker offering various financial instruments, user-friendly trading platforms, and tailored account types to cater to traders of all experience levels. Even though they are relatively new on the scene they have made an impact. This review goes over what sets them apart.
Traze is a promising new forex and CFD broker that’s quickly gaining traction in the trading world. Regulated by top-tier authorities like the FCA and ASIC, Traze offers a secure and reliable trading experience for both novice and experienced traders. With a strong emphasis on client protection, the broker provides negative balance protection on all account types and coverage under the Financial Compensation Scheme (FSCS) for eligible clients.
Traze’s commitment to seamless transactions is evident in its wide range of deposit and withdrawal options, making it convenient for traders across the globe. Additionally, the broker’s customer support is available 24/7 through various channels, ensuring that assistance is always at hand.
Although retail clients might find the current lack of promotions disappointing, Traze’s overall offerings make it a compelling choice for those seeking a safe and reliable trading experience. While the broker may still be relatively new in the industry, its partnership programs for Introducing Brokers and Affiliates demonstrate its dedication to growth and collaboration. Let’s see how good this relatively new broker is compared to other giants in the industry.
| Broker Feature | Overview |
| Type of Broker | STP, ECN Broker |
| Regulation & Licensing | FSA, FCA |
| Applicable Countries Not Allowed To Trade | North KoreaIranCanadaUSASyria |
| Assets Offered | Forex, stocks, commodities, indices, crypto |
| Platforms Available | MT4, Traze Mobile App, MAM services |
| Mobile Compatibility | Yes |
| Payment & Withdrawal Options | International bank transferLocal bank transfer (Southeast Asia)Credit/debit card (VISA and Mastercard)E-wallets (Skrill, Neteller, Perfect Money)The original payment method used for a deposit (up to the amount deposited)Bank account (for profits and excess amount) |
Facts About Traze
- Regulated by FCA, FSA and FSP
- Negative balance protection on all account types
- Financial Compensation Scheme (FSCS) coverage for eligible clients
- Wide range of deposit and withdrawal options
- 24/7 customer support
- Partnership programs for Introducing Brokers and Affiliates
- Over 100 trading instruments
- Fast execution: <1m/s
- Operates internationally
- Top-tier security practices
- Neutral and transparent trading environment
- Leverage up to 1:2000
- Trading platforms: MT4 (Windows/Mac/Mobile) and Traze mobile app
- 24/7 live market access
- Diverse asset classes: Crypto, Forex, Shares, Bullion, Metals, Indices, and Commodities
- Multiple account types for varying levels of experience: Cent, Standard, and ECN
- Traze Trader app for on-the-go trading
- Copy Trading feature for replicating top performers
- Partnerships: Introducing Brokers and marketing affiliates
- Presence across 3 continents with multi-lingual teams
Pros and Cons
PROS
- Regulated by top-tier authorities (FCA and ASIC)
- Negative balance protection on all account types
- Financial Compensation Scheme (FSCS) protection up to £85,000
- Wide range of deposit and withdrawal methods
- 24/7 customer support through various channels
- Partnership programs for Introducing Brokers and Affiliates
- User-friendly and intuitive trading platform (MetaTrader 4)
CONS
- Limited promotional and special offers for new clients
- Not available in certain countries due to regulations and restrictions
- No promotions currently available for retail clients
- Broker relatively new in the industry
Is Traze Safe? Broker Regulations
Traze is a relatively new online trading brand offering regulated forex and CFD trading services to clients worldwide. Despite being new to the market and not yet having garnered any awards or Trustpilot scores, Traze has established itself as a trustworthy platform, primarily due to its strong regulatory framework.
Traze operates through two regulated companies: Zeal Capital Market (UK) Limited and Zeal Capital Market (Seychelles) Limited. When you open a trading account with Traze, you become a customer of either one of these two entities, both of which are licensed and authorized.
Zeal Capital Market (UK) Limited: This company is authorized and regulated by the UK’s Financial Conduct Authority (FCA) under the Firm Reference Number 768451. The FCA is a well-respected regulatory authority, ensuring the broker adheres to strict guidelines and maintains high professionalism. You can verify the company’s FCA authorization on the Financial Services Register by visiting this link here.
Zeal Capital Market (Seychelles) Limited: This company is regulated as a Securities Dealer by the Financial Services Authority (FSA) of Seychelles under license number SD027. The FSA ensures that the broker complies with regulatory requirements and operates in a transparent manner. You can find the company on the FSA’s list of regulated entities by visiting this link here.
Traze is licensed in South Africa as Traze (Pty) Ltd Company, Registration Number: 2016/164943/07. Its registered address is at Dock Road Junction Cnr Dock Road and Stanley Street V&A Waterfront Cape Town 8001, South Africa.
It is authorised in South Africa by the Financial Services Conduct Authority with FSP (Financial Services Provider) Number: 48248. Traze (Pty) Ltd does not carry out any Principal activities and is not an ODP.
To find this information on Traze’s website, visit Traze.com and head to the “Help Center” found under the “About Us” menu. Then, navigate to the General Questions section to access these details. Take not that partial information about their regulations can also be found in the footer of the website.
Being regulated is of paramount importance for both brokers and their clients. For brokers like Traze, the regulation provides credibility and helps build trust with their clients, who can be confident that their funds are safe and that the broker operates ethically and transparently. Regulation also ensures that brokers adhere to strict guidelines, maintain proper risk management practices, and provide accurate market information.
For clients, dealing with a regulated broker offers a level of security and peace of mind, knowing that their investments are protected, and their interests are safeguarded. Additionally, clients can be assured that they have recourse in case of disputes or issues with the broker.
Despite being relatively new to the market and not yet having a Trustpilot score or awards, Traze has made a strong impression by maintaining a solid regulatory framework. Through its association with well-respected regulatory authorities like the FCA and FSA, Traze demonstrates its commitment to providing its clients a secure and transparent trading environment. This strong foundation is a testament to the reliability of the broker, making it a worthwhile choice for traders seeking a regulated platform.
- Financial Services Authority of Seychelles (FSA)
- Financial Services Commission (FSC)
What Can I Trade with Traze?
Traze is a versatile online trading broker that offers a wide range of tradable assets to suit the diverse needs of its clients. We will provide an in-depth overview of the various asset classes available on Traze, including Forex, Indices, Shares, Commodities, and Crypto. This information can be found on Traze’s website by visiting the site and navigating to the respective sections under the “Trading” menu.
Forex
Forex trading, also known as foreign exchange trading, involves buying and selling currency pairs to profit from fluctuations in their exchange rates. Traze provides a comprehensive selection of currency pairs, including major, minor, and exotic pairs. The platform’s Forex section offers a live counter for available currency pairs and includes additional information about forex trading and answers to frequently asked questions, which can be particularly beneficial for novice traders.
Indices
Indices trading allows investors to speculate on the price movements of a group of stocks representing a particular market or sector. Traze offers a wide range of global indices, enabling traders to diversify their portfolios and gain exposure to various economies. The Indices section on Traze’s website provides a live counter for available indices, as well as a detailed explanation of what indices are and a list of general FAQs to help traders understand this asset class better.
Shares
Traze provides access to a broad array of shares from leading companies across the globe, allowing investors to buy and sell stocks to capitalize on market trends. The Shares section on Traze’s website features a live counter displaying the available shares, along with a breakdown of what shares are and answers to common questions. This additional information empowers traders to make informed decisions and better understand share trading.
Commodities
Commodity trading involves buying and selling physical goods like metals, energy, and agricultural products. Traze offers an extensive range of commodities, enabling traders to speculate on price movements and hedge their portfolios. The Commodities section on the website provides a live counter for the available commodities, alongside a comprehensive explanation of what commodities are and a list of relevant FAQs. This additional information helps traders gain a solid understanding of commodity trading and its nuances.
Crypto
Cryptocurrency trading has gained immense popularity in recent years, and Traze offers access to a variety of popular cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. The Crypto section on Traze’s website features an explanation of what cryptocurrencies are and answers to frequently asked questions. This supplementary information allows traders to understand the world of cryptocurrency trading better and make more informed decisions.
Additional information about each asset class and how it works is highly beneficial for traders. It enhances their understanding of the respective assets and enables them to make well-informed decisions when trading. This added layer of information empowers traders to develop effective strategies, manage risks, and ultimately achieve success in their trading endeavors.
Traze offers diverse tradable assets, catering to its clients’ varied interests and investment goals. By providing additional information and resources for each asset class, This broker ensures that traders understand the assets they are trading, leading to more informed decisions and better trading outcomes.
- Cryptocurrency
- Stocks (Shares)
- Forex
- Indices
- Commodities
How to Trade with Traze?
Traze is a versatile online trading broker that offers a comprehensive suite of trading platforms to cater to the diverse needs of its clients. Traze’s trading platforms include MT4 for all devices, the Traze Mobile App, and their MAMM services. This information can be found on Traze’s website by visiting the site and navigating to the “Platforms” section under the main menu.
MT4 for all devices: MetaTrader 4 (MT4) is the world’s leading Forex trading platform, known for its powerful analysis tools, a wide variety of instrument options, and fully scalable programs. Traze offers MT4 for all devices, including PCs, iOS, and Android mobile devices, allowing clients to trade anytime, anywhere. MT4 is a multi-award-winning solution that supports 3 chart types, 9 time periods, and 50 preset technical indicators. It is available in 39 languages and is compatible with Expert Advisors (EAs) and custom indicators.
Why choose MT4 with Traze?
- Most popular trading platform worldwide
- Multi-award-winning solution
- Diversify your portfolio through multiple assets (FX, stocks, indices, commodities) via one platform
- Advanced notification signal system
- Fully customizable interface
Then the Traze Mobile App is designed to provide an innovative, advanced, and more integrated trading environment for clients who want to trade on the go. It is available for both iOS (coming soon) and Android devices and features a simple, convenient, and user-friendly interface. With the Traze Mobile App, users can:
- Access a one-stop operation system for registration, withdrawal, Deposit, and trading
- Stay updated with in-second market conditions for forex, metals, crude oil, and indices
- Use the Economic Calendar to stay informed about major events
- Customize their investment by adding preferred products with one click
- Manage multiple accounts and access the 7/24-hour deposit service
Lastly, Traze’s Multi Account Manager (MAM) is designed for Money Managers, Hedge Funds, and Family Offices. With a MAM account, investors can sign a Limited Power of Attorney with their chosen manager, agree on a performance fee, and Traze will act as custodian, ensuring the manager receives the agreed-upon percentage while the investor retains full control of their account.
MAM Account features
- Compatible with EAs and automated strategies
- Supports 5 allocation methods: Proportional by Equity, Percent Allocation, Proportional by Balance, Allocation by P/L, and Percent Allocation by P/L
- Real-time control of positions and P&L monitoring of managed accounts
- Utilize all MT4 order types: stops, limits, trailing stops, close all, etc.
Traze’s trading platforms cater to the diverse needs of its clients by offering flexibility, convenience, and advanced trading features. With MT4 and the Traze Mobile App, clients can trade on the go, manage their portfolios effectively, and customize their trading experience. The MAM services provide additional support for clients who want to work with professional money managers. These platforms empower clients to make informed decisions, manage risks, and ultimately achieve success in their trading endeavors.
Traze offers a comprehensive suite of trading platforms to cater to the diverse needs of its clients. With MT4 for all devices, the Traze Mobile App, and MAM services, Traze ensures that clients can access a wide range of tools, features, and services that cater to their unique trading requirements. By providing clients with versatile and user-friendly platforms, Traze helps traders manage their investments effectively, stay informed about market conditions, and make well-informed decisions.
Moreover, the availability of advanced tools and resources on these platforms enables traders to analyze market trends, customize their trading strategies, and access expert advice when needed. This added layer of support empowers clients to develop effective trading strategies, manage risks efficiently, and ultimately achieve success in their trading endeavors.
In conclusion, Traze’s diverse range of trading platforms, coupled with its commitment to providing clients with a seamless and informed trading experience, makes it an ideal choice for traders looking to excel in the world of online trading. With its powerful and user-friendly platforms, Traze is well-equipped to help its clients achieve their trading goals and enjoy a superior trading experience.
