
- Operates under SCA (UAE) & FSC (Mauritius) licenses
- Trade using the MT5 platform
- Access to crypto pairs; hedging strategies supported
Launched in 2025 and based in Dubai, this broker looks to cater to modern traders. This Trade247 review 2025 offers a clear look at what's known: we'll discuss how they approach trading costs, examine their regulatory standing, and see what feedback is available from users, all based on the current information.
Spreads: How Trade247 Prices Its Trades
When you see two prices for an asset, one to buy and one to sell, the small difference between them is called the spread. This is a fundamental part of how brokers cover their operational costs. Trade247 mentions having Standard and Pro accounts, both with spreads that can change with market conditions. They state that typical spreads for popular pairs like EUR/USD can be quite narrow, between 0.2 to 0.5 pips on these accounts, and importantly, they say there's no extra commission added on top.
As we don't currently have a direct feed of Trade247's live spreads into our comparison charts, the best way for prospective traders to see these costs in action is to observe them on the MT5 platform during busy trading times. This will give a real sense of their live pricing.
Trade247 User reviews
At this point, there aren't any customer reviews for Trade247 on RebateKingFX. Hearing from people who've already traded with a broker often gives useful insights into how things like customer service and money withdrawals actually work. If verified experiences are shared in the future, we'll be sure to include that information here.
Trade247's regulatory setup includes authorisations from the SCA in the UAE and the FSC in Mauritius. The broker indicates they aim for competitive pricing. Being a newer firm, established in 2025, their focus appears to be on providing global market access with the features they offer.
Regulation: SCA in the UAE and the FSC in Mauritius
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
Trade Twenty Four 7 Markets Ltd |
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500 : 1 | |
Trade Everyday Financial Advisors LLC |
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100 : 1 |
Trade247 operates with authorisations from two different regulatory authorities. Trade Everyday Financial Advisors LLC is licensed by the Securities and Commodities Authority (SCA) of the UAE, while Trade Twenty Four 7 Markets Limited holds a license from the Financial Services Commission (FSC) of Mauritius.
Having regulation from the SCA means they operate within the financial rules of the UAE, where leverage for retail traders is often around 1:100. The FSC in Mauritius is an offshore regulator, which typically allows for higher leverage offerings – in this case, up to 1:500 is stated. It's worth noting that protections, such as government-backed guarantees for client money or specific deposit insurance, can differ greatly between these types of regulatory zones, with offshore regulators generally providing fewer such assurances compared to those in major financial centres.
Available Assets: Cryptocurrencies Available with Trade247
Trade247 offers a broad selection of markets to trade. You can find major and minor currency pairs (like EUR/USD, GBP/JPY), plus CFDs on shares of well-known companies (such as Meta, Tesla, Apple). They also list global stock market indices (like the UT100, DE40, US30), commodities including popular metals and energy products (gold, silver, natural gas), and a variety of digital currencies (USDT, ETH, BTC, Ripple). Futures contracts on assets like gold and oil are also mentioned.
These are offered as CFDs, which stands for Contracts for Difference. This means you're trading on the price movements, up or down, using leverage. Leverage allows you to control a larger position with a smaller amount of your own capital, but it's important to remember it also increases your risk.
Swap Rates: Cost of Holding Trades Overnight
If you keep a trade open past the usual daily market close, swap rates, sometimes called overnight financing fees, will apply. These are small daily adjustments to your account balance, which can be a charge or a credit. The amount depends on what you're trading, whether you're buying or selling, and current interest rates. For traders who need it, Trade247 also offers Islamic accounts that don't apply these standard swap fees.
Specific details for swap rates on currency pairs like EUR/USD aren't provided in the summary data we have. Traders would need to check the MT5 platform for the exact overnight costs for any instrument they plan to hold. Typically, on Wednesdays, a triple swap is applied to cover the financing for the upcoming weekend.
Trading Platforms: Focusing on MetaTrader 5
Platform | Highlights | Points to Consider |
---|---|---|
MetaTrader 5 (MT5) |
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MT5 Mobile App |
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Trade247 provides its trading services exclusively through the MetaTrader 5 (MT5) platform. MT5 is a globally popular choice, well-regarded for its sophisticated charting tools, extensive range of technical indicators, and strong capabilities for running automated trading strategies using Expert Advisors (EAs). It's accessible on desktop computers, through web browsers, and via mobile apps for flexibility.
Deposits & Withdrawals: Card and Bank Options
Payment Type | Funding/Payout Speed | Stated Fees | Account Currencies |
---|---|---|---|
Bank Transfer | Deposits: 2-5 working days Withdrawals: 2-3 days (post-approval) |
None* | USD, EUR, GBP |
Visa Card | Deposits: Instant (post-approval) Withdrawals: 2-3 days (post-approval) |
None* | USD, EUR, GBP |
Mastercard | Deposits: Instant (post-approval) Withdrawals: 2-3 days (post-approval) |
None* | USD, EUR, GBP |
You can put money into your Trade247 account using bank transfers, Visa, or Mastercard. The broker states they don't charge any commission for these transactions. Card deposits are usually instant once approved, while bank transfers can take a few working days. For withdrawals, after approval (which they say takes 1-3 hours), the funds usually take a couple of business days to reach you.
*Keep in mind that even if Trade247 doesn't charge fees, your own bank or card company might have their own charges for sending or receiving money. It's always a good idea to confirm these details on the official Trade247 website.
Trade247 Account types
Standard | Pro | |
Maximum leverage | 500:1 | 400:1 |
Mobile Platform | MT5 Mobile | |
Trading platform | MT5 | |
Spread Type | Variable Spread | |
Minimum Deposit | 100 | 500 |
Minimum Trade Size | 0.01 | |
Trailing Stops | ||
Scalping Allowed | ||
Hedging Allowed | ||
Islamic Accounts |
Standard | |
Maximum leverage | 500:1 |
Trading platform | MT5 |
Mobile platform | MT5 Mobile |
Spread type | Variable Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
Pro | |
Maximum leverage | 400:1 |
Trading platform | MT5 |
Mobile platform | MT5 Mobile |
Spread type | Variable Spread |
Minimum deposit | 500 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
Trading Conditions: Exploring Key Features at Trade247
Trade247 mentions offering Direct Market Access (DMA) execution, which aims for transparent pricing. They allow hedging, which means you can have both a buy and a sell trade open on the same instrument at the same time. Scalping (making lots of very quick trades for tiny profits), on the other hand, is not permitted. For practice, Trade247 offers demo accounts that don't expire, with up to $10,000 in virtual money and leverage up to 1:500. They also list social trading and a Trading API among their features. Additionally, they state there are no fees for inactive accounts and provide learning materials like blogs and webinars.
Trade247 Profile
Company Name | Trade Twenty Four 7 Markets Ltd |
Categories | Forex Brokers |
Primary Category | Forex Brokers |
Year Founded | 2025 |
Headquarters | United Arab Emirates |
Office Locations | United Arab Emirates |
Account Currency | EUR, GBP, JPY, USD, AED |
Support Languages | Arabic, English |
Funding Methods | Bank Wire, Credit/Debit Card |
Financial Instruments | Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, Soft Commodities (coffee, sugar...) |
The Trade247 profile on RebateKingFX gives a quick summary: established in 2025, with headquarters in Dubai (UAE). It also notes the main account currencies (USD, EUR, AED), support in English and Arabic, and the available ways to fund your account. You can also see the range of markets they offer and any countries they don't accept clients from (like the US, China, India).
Trade247 Web traffic
Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.
Websites |
trade247.com
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Organic monthly visits | 121 (99%) |
Organic traffic rank | 965 out of 1782 (Forex Brokers) |
Paid monthly visits | 2 (1%) |
Total monthly visits | 123 |
Bounce rate | 34% |
Pages per visit | 1.01 |
Average visit duration | 00:00:00 |
Promotions: Checking for Current Offers
Trade247 indicates that bonus offers are available for clients. Since promotions can change and always have specific rules attached, it's best to visit the official Trade247 website to see what's currently on offer. Always read the full terms and conditions carefully before taking part in any bonus scheme.
Trade247 User Rating
Trade247 reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.
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