Trade247 Review

Founded in 2025 and headquartered in Dubai, Trade247 is already capturing attention thanks to dual regulation (SCA and FSC), a clean MT5-only focus, and access to over 2,000 trading instruments.

🛡️Regulated and trusted by the CBI, BVI FSC, ASIC, FSCA, JFSA, and FFAJ
🛡️2700 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

Overall Rating

• 4/5

Min Deposit

100 USD (Standard) 

Regulators

SCA, FSC

Trading Platform

MT5

Crypto

Yes

CFDs Total

2000+ instruments

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

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Trade247 Review – Analysis of Brokers’ Main Features

1. ☑️ Overview
2. ☑️ Safety and Security
3. ☑️ Trading Accounts and Features
4. ☑️ How can I register for an Account?
5. ☑️ Trading Platforms and Tools
6. ☑️ Markets available for Trade
7. ☑️ Fees, Spreads, and Commission
8. ☑️ Deposit and Withdrawals
9. ☑️ Educational Materials and Research Tools
10. ☑️ Customer Support
11. ☑️ Trade247 vs AvaTrade vs FBS – A Comparison
12. ☑️ Pros and Cons
13. ☑️ In Conclusion
14. ☑️ Frequently Asked Questions

Overview

Trade247 is a broker with big ambitions. Founded in 2025 and headquartered in Dubai, this broker is already capturing attention thanks to dual regulation (SCA and FSC), a clean MT5-only focus, and access to over 2,000 trading instruments.

Trade247 doesn’t pretend to reinvent the wheel, but is trying to polish it better than most. What sets Trade247 apart? For one, they’ve avoided overpromising. There’s no clutter of overengineered tools or gimmicky features.

Instead, the platform focuses on speed, simplicity, and trader-first fundamentals: competitive spreads, no commission, and instant account activation.

The target trader? Intermediate to experienced traders who know their way around a terminal and want global market access without the bloat.

Frequently Asked Questions

What makes Trade247 different from other brokers?

Trade247 focuses on speed, simplicity, and core trading essentials rather than cluttering the platform with unnecessary tools. Traders benefit from competitive spreads, no commission fees, and instant account activation.

Is Trade247 regulated?

Yes, Trade247 is dual-regulated by the Securities and Commodities Authority (SCA) and the Financial Services Commission (FSC), providing traders with added trust and security.

What trading platforms and instruments does Trade247 offer?

Trade247 operates exclusively on MT5, offering access to over 2,000 trading instruments across multiple asset classes, ensuring a wide range of global trading opportunities.

Who is Trade247 best suited for?

Trade247 is tailored for intermediate to experienced traders who want a streamlined, professional trading experience without unnecessary distractions.

Our Verdict

Trade247 doesn’t try to dazzle with gimmicks – it delivers where it matters most: fast execution, clean design, and solid trading conditions. With dual regulation, a strong MT5 offering, and a focus on trader-first fundamentals, it’s an exciting new option for serious traders seeking global market access without the bloat.

Safety and Security

Trade247 operates under a dual-license structure—one based in the UAE, regulated by the Securities and Commodities Authority (SCA) under license number 1419455, and the other in Mauritius, authorized by the Financial Services Commission (FSC) under license number C216567.

Both regulators are known for establishing minimum capital requirements, enforcing fund segregation, and requiring regular compliance audits.

While they don’t carry the same weight as FCA or ASIC in global markets, they still ensure the broker operates under formal oversight, particularly for its Middle Eastern and offshore operations.

This makes Trade247 a regulated, not rogue, broker—a meaningful starting point for traders evaluating trust.

Fund Security

While Trade247 is a newcomer, it has taken a conservative approach regarding trader safety.

• Client funds are fully segregated, so your deposits aren’t used for company operations or hedging.
• Negative balance protection is included across all accounts, so you’ll never owe more than your deposit, even if markets swing wildly against you.

No investor compensation scheme is offered, so while your balance is protected from going negative, it’s not protected in the event of insolvency.

Frequently Asked Questions

Is Trade247 a regulated broker?

Yes, Trade247 operates under a dual-license structure: one from the UAE’s Securities and Commodities Authority (SCA, License No. 1419455) and another from Mauritius’ Financial Services Commission (FSC, License No.. C216567).

How secure are client funds with Trade247?

Trade247 fully segregates client funds from company operations, ensuring your deposits are kept safe and separate. Additionally, negative balance protection is offered across all accounts.

Does Trade247 offer investor compensation in case of insolvency?

No, Trade247 does not offer an investor compensation scheme. While your funds are segregated and protected from going negative, they are not insured in the unlikely event of broker insolvency.

How does Trade247’s regulation compare to bigger regulators like the FCA or ASIC?

While the SCA and FSC provide credible oversight with capital requirements and compliance audits, they are not as globally recognized as heavyweight regulators like the FCA or ASIC. However, they still ensure Trade247 operates under formal, enforceable standards.

Our Verdict

Trade247 has taken a solid, no-nonsense approach to safety: full fund segregation, negative balance protection, and regulation under two reputable authorities. Although it lacks the backing of a top-tier investor compensation scheme, its regulatory framework and conservative handling of client funds offer meaningful protections for traders who value trust and transparency.

Trading Accounts and Features

Trade247 keeps it simple with two main live account options, Standard and Pro, available on MT5. The differences between the two come down to how tight you want your spreads and whether you need additional perks like a dedicated account manager.

Standard Account

This entry-level option is designed for retail traders who want full market access without jumping through hoops.

• Spreads: From 0.2 pips (EUR/USD)
• Commission: None
• Minimum Deposit: $100
• Leverage: Up to 1:500
• Execution: Market execution
• Support: 24/7

There’s no commission, spreads start from 0.2 pips, and the minimum deposit is listed as $100.

Pro Account

Built for more experienced traders, the Pro account gives you Direct Market Access (DMA), a dedicated personal account manager, and exclusive market insights.

• Spreads: Tightest available (details not listed, likely close to raw)
• Commission: Still none, according to all material
• Minimum Deposit: $500
• Leverage: Up to 1:400
• Execution: DMA, faster fills
• Perks: VIP support, analysis tools

This is Trade247’s way of adding a semi-institutional layer without going full white-glove.

Additional Account Types

There’s also a Demo Account (no expiry, full features) and an Islamic Account (swap-free, same trading conditions minus interest).

Frequently Asked Questions

What live account types does Trade247 offer?

Trade247 offers two main live account types on MT5: the Standard Account for retail traders and the Pro Account for more experienced traders seeking Direct Market Access (DMA) and added perks.

What are the key differences between the Standard and Pro accounts?

The Standard Account offers spreads from 0.2 pips, no commissions, and a $100 minimum deposit. The Pro Account features even tighter spreads, DMA execution, VIP support, and requires a $500 minimum deposit.

Are there any additional account types available?

Yes, Trade247 also provides a no-expiry Demo Account for practice trading and an Islamic Account that offers swap-free trading under the same core conditions.

Does Trade247 charge commissions on its accounts?

No, both the Standard and Pro accounts operate with zero commissions, even on the Pro account with its tighter spreads and DMA access.

Our Verdict

Trade247 keeps its account offering refreshingly straightforward: two live options tailored to different levels of trading experience, plus flexible Demo and Islamic accounts. With no commissions, competitive spreads, and a clear separation between retail and pro-tier features, it’s an appealing setup for traders who value simplicity with professional-grade flexibility.

How can I register for an Account?

The process is refreshingly direct—a rare compliment compared to the extended sign-up of other brokers. Here’s how you can register with Trade247:

• Sign Up: Enter your basic details (name, email, country).
• Verify: Submit ID and proof of address. Their KYC system is reportedly fast.
• Select Account Type: Standard or Pro—no fluff, no hidden conditions.
• Fund & Trade: Use one of the supported deposit methods and start immediately.

Account activation is instant once verification is complete. No delays, no “account under review” limbo. This isn’t groundbreaking tech, but a smooth and efficient onboarding flow that won’t frustrate new users.

Trading Platforms and Tools

Trade247 is all-in on MetaTrader 5, which is a smart call. MT5 is fast, familiar, and loaded with seasoned traders’ tools and features while remaining user-friendly for newbies.

There are no “custom-built platforms” with half-decent features; just a polished, battle-tested system that works well. Here’s what you get:

• Timeframes: 21 different chart intervals, perfect for scalpers and swing traders.
• Reporting: HTML5-enabled trade reports—detailed, exportable, and interactive.
• Community Access: Built-in MQL5 chat for accessing signals, EA marketplaces, and trader insights.
• Order Types: 6 pending order types + 4 execution modes. Whether you’re hedging or netting, it supports both.
• Indicators: 38 technical indicators built-in, with support for custom MQL5 scripts.
• Drawing Tools: 44 graphical objects for technical analysis—channels, trendlines, Fibonacci tools, all there.
• Economic Calendar: Integrated, real-time updates. No need to keep an extra tab open.
• Strategy Tester: Multi-threaded and multi-currency backtesting with tick data.
• Platform Stability: 64-bit architecture ensures low-lag execution and smoother performance under load.
• Notifications: Built-in email alerts, push notifications, and popups for price action and account updates.

Trade247’s MetaTrader 5 is available across web, Windows, iOS, and Android, so your setup is synced whether you’re desk-bound or travelling.

Frequently Asked Questions

What trading platform does Trade247 offer?

Trade247 exclusively offers MetaTrader 5 (MT5), a powerful, professional-grade platform known for speed, flexibility, and advanced trading tools.

What features does Trade247’s MT5 platform include?

Traders get access to 21 timeframes, 38 built-in indicators, 44 drawing tools, real-time economic updates, six pending order types, detailed reporting, MQL5 marketplace access, and a high-speed, 64-bit architecture.

Is Trade247’s MT5 platform accessible on mobile devices?

Yes, Trade247’s MT5 platform is available across web browsers, Windows desktops, iOS devices, and Android smartphones, keeping your trading synced and mobile-friendly.

Does Trade247 offer a custom-built platform?

No, Trade247 sticks to the proven MT5 platform rather than offering custom-built alternatives, prioritizing performance, reliability, and trader familiarity.

Our Verdict

By committing fully to MetaTrader 5, Trade247 focuses on delivering a fast, stable, and feature-rich trading experience without reinventing the wheel. With full multi-device support and professional-grade tools built in, it’s an ideal setup for traders who want serious functionality without unnecessary platform complications.

Markets available for Trade

Trade247 offers access to over 2,000 instruments, a decent lineup for a broker just entering the field. It covers the major asset classes, and the offering leans global, not just region-specific exposure. Here’s the breakdown:

• Forex: Major, minor, and exotic pairs. EUR/USD spread starts from 0.2 pips.
• Indices: Global CFD indices (US500, NASDAQ100, GER40, etc.)
• Commodities: Includes gold, oil, natural gas, and more
• Shares/Equities: CFD trading on global stocks
• Crypto CFDs: Bitcoin, Ethereum, and others—note: leverage likely capped
• Metals & Energy: Physical commodities like gold and silver, as well as WTI/Brent

There’s no ETF, bond, or option trading, so assume those are not yet part of the current offering. Futures are listed, but likely in CFD format rather than direct market access.

Overall, in our opinion, the diversity is solid, especially for a broker that’s not overhyped or overfunded. You won’t find every single altcoin or penny stock here, but you’ll find what you can trade.

Frequently Asked Questions

What markets can I trade with Trade247?

Trade247 offers access to over 2,000 instruments across forex, indices, commodities, shares, crypto CFDs, metals, and energy markets.

Does Trade247 offer forex trading?

Yes, Trade247 provides a wide range of forex pairs, including majors, minors, and exotics, with spreads starting from 0.2 pips on EUR/USD.

Are ETFs, bonds, or options available at Trade247?

No, Trade247 currently does not offer ETF, bond, or options trading. Futures are available, but likely through CFDs rather than direct market access.

How diverse is Trade247’s market coverage?

For a newly launched broker, Trade247 offers a solid and globally focused asset lineup. While you won’t find every niche asset like obscure altcoins or penny stocks, the core markets are well-covered for serious trading.

Our Verdict

Trade247 delivers a strong and practical range of tradable assets, covering the key global markets without spreading itself too thin. While it doesn’t offer niche products like ETFs or bonds yet, the available lineup is more than enough for most active traders who prioritize quality over quantity.

Fees, Spreads, and Commission

One of Trade247’s best features is how transparent their fee structure is: no commission, deposit or withdrawal charges, and inactivity fees, you only pay spread.

Spreads

• Depending on market conditions, EUR/USD can go as low as 0.2–0.5 pips.
• Indices, commodities, and equities also carry competitive spreads, though exact ranges vary and aren’t listed instrument by instrument.

Trade247 claims “competitive spreads,” as seen from the listed spreads, especially for a zero-commission model.

Swap Fees

Yes, swap/rollover fees apply, unless you’re on an Islamic account. That said, Trade247 has market-standard and not inflated based on current benchmarks.

Margin Call and Stop-Out Levels

• Margin Call: 100%
• Stop-Out: 30%

If you use leverage and the market moves against you, the broker protects itself (and you) with these levels. Margin calls prompt you to add more funds or close positions. Stop-out closes positions automatically once your margin falls below 30%.

Frequently Asked Questions

Does Trade247 charge any commissions or hidden fees?

No, Trade247 operates a zero-commission model with no deposit, withdrawal, or inactivity fees. Traders only pay the spread.

What are the typical spreads at Trade247?

Spreads are competitive, with EUR/USD starting from as low as 0.2–0.5 pips depending on market conditions. Other instruments like indices and commodities also offer tight spreads.

Are there any swap or rollover fees at Trade247?

Yes, swap fees apply for holding positions overnight, except for Islamic accounts. Trade247’s swap fees are aligned with standard market benchmarks.

What are Trade247’s margin call and stop-out levels?

The margin call level is set at 100%, and the stop-out level at 30%, meaning traders will be warned to add funds at 100% margin and automatically have positions closed if margin drops to 30%.

Our Verdict

Trade247 keeps its pricing structure refreshingly simple: no commissions, no surprise fees, and competitive spreads across major asset classes. With clear margin protection policies and market-standard swap rates, it’s a clean, trader-first approach to costs that builds real trust.

Deposit and Withdrawals

Trade247 offers four main payment methods to get your money in and out of the platform.

Deposit Methods

Withdrawal Methods

Frequently Asked Questions

What deposit methods does Trade247 support?

Trade247 accepts deposits via Visa, Mastercard, and bank transfer, supporting USD, AED, and EUR, with no fees and instant processing for card payments.

How fast are withdrawals from Trade247?

Withdrawals are typically approved within 1–3 hours, with Visa and Mastercard taking 2–3 business days to deliver funds, while bank transfers can take 2–5 working days.

Are there any fees or withdrawal limits at Trade247?

No, there are no deposit or withdrawal fees, and no limits or tiered charges based on transaction volume.

How soon can I start trading after depositing funds?

Once your account is verified and your deposit is made, you can start trading immediately without any waiting period.

Our Verdict

There are no withdrawal limits or tiered fees based on volume. Once your account is verified and funded, you can start trading immediately. Withdrawals are quick and free, which ensures you get access to your funds quickly without waiting a few days, like with most other brokers.

Educational Materials and Research Tools

Trade247 is still in its early stages, most evident in its education offering (or the lack thereof). At the time of writing, the broker doesn’t have a dedicated education portal, structured learning materials, or any live research tools publicly available.

What’s missing

• No trading academy or beginner-focused content.
• No blog, market updates, or daily analysis.
• No access to third-party tools like Trading Central or Autochartist.
• No webinars, ebooks, or scheduled learning events.
• No in-platform tutorials or onboarding flows for MT5.

What’s “planned”

• A blog offering market commentary (no ETA provided).
• Weekly live webinars (subject to future rollout).
• The education section is tied to trader experience levels.

Frequently Asked Questions

Does Trade247 offer educational resources for traders?

Currently, Trade247 does not offer structured educational materials like trading courses, tutorials, or beginner guides.

Are there any research tools available on Trade247’s platform?

No, there are no live research tools, daily market analysis, or third-party integrations like Trading Central or Autochartist available at this time.

Is Trade247 planning to add education and research features?

Yes, Trade247 plans to launch a blog for market commentary and introduce weekly live webinars, although no specific timeline has been announced.

Who should consider Trade247, given the current lack of educational materials?

Intermediate and experienced traders who already know how to navigate platforms like MT5 and don’t rely on broker-provided education would be the best fit.

Our Verdict

Trade247 is focused on experienced traders for now, with education and research tools still in development. While this won’t suit beginners looking for guidance, self-sufficient traders who prioritize execution and market access over hand-holding will find the broker’s approach straightforward and refreshingly no-nonsense.

Customer Support

Customer support is one of those things you only care about after you need it. Trade247 seems to understand this. Instead of reinventing support, they’ve nailed the basics, and that’s more than can be said for half the broker industry. Here’s what you can expect:

• 24/7 live chat: Available straight from the site or platform.
• Email support: support@trade247.com — responses generally within a few hours.
• Phone support: +971 58 847 0281 — you can call or add them on WhatsApp.
• Languages: English and Arabic.

In our testing (and from client feedback), live chat connects in under 2 minutes during peak hours.  WhatsApp messages are answered in under an hour. No annoying bots are pretending to be people, just straight answers from real reps.

Social media presence is solid (Facebook, LinkedIn, X, Instagram), though those channels aren’t used for support—they’re more brand/updates. Trade247 isn’t a broker that will leave you hanging. Even as a new broker, they’ve put effort into ensuring someone’s always on the other side.

Frequently Asked Questions

What customer support channels does Trade247 offer?

Trade247 provides 24/7 live chat, email support at support@trade247.com, and phone/WhatsApp support at +971 58 847 0281.

How fast is Trade247’s customer service response time?

Live chat typically connects within 2 minutes during peak hours, and WhatsApp responses are usually handled within an hour.

In which languages is Trade247’s support available?

Trade247 currently offers support in English and Arabic.

Does Trade247 use chatbots for live support?

No, Trade247’s live chat is staffed by real human agents, ensuring fast, straightforward answers without automated bot interactions.

Our Verdict

Trade247 might be new, but its customer support feels like that of a much more established broker: real people, fast replies, and true 24/7 availability. If you value responsive, no-nonsense support you can rely on, Trade247 already punches above its weight class.

Trade247 vs AvaTrade vs FBS – A Comparison

Pros and Cons

What We Like

• Clean and simple fee structure – no commission, withdrawal fees, or fine print.
• MT5 platform only – less confusion, more consistency.
• 24/7 live support – rare for brokers, especially outside the US/UK time zones.
• Instant account activation – from sign-up to trading in under an hour.
• Wide market access – 2,000+ instruments, including crypto and stocks.
• Multilingual support – English and Arabic from day one.
• Tight spreads – EUR/USD from 0.2 pips with no commission.
• Islamic account available – fully swap-free.

What Could Be Better

• No listed education tools (yet) – roadmap items aren’t enough for new traders today.
• No investor protection scheme – no fallback if the firm fails.
• Limited transparency – no public info on team, leadership, or financials.
• No advanced tools or social trading – it’s MT5 and that’s it.
• Not ideal for ultra-low-budget traders – the $100/$500 entry point is a barrier for some.

In Conclusion

Trade247 is exactly what it says: a clean, straightforward brokerage with strong infrastructure and zero gimmicks. For a 2025-born brand, it’s impressively mature in how it approaches the fundamentals: regulation, execution, platform choice, and client support.

This broker is for traders who know what they want: tight spreads, fast execution, and no hidden fees. While the educational materials are still being developed, if you know how to use MT5 and care more about execution speed than influencer campaigns, Trade247 is a broker worth watching.

References:

• About Us
• Account Types
• Deposit and Withdrawal

Frequently Asked Questions

Is Trade247 a regulated broker?

Yes – Trade247 is regulated by the Securities and Commodities Authority (SCA) in the UAE and Mauritius’s Financial Services Commission (FSC).

While these aren’t Tier-1 regulators like the FCA or ASIC, they still impose basic operational oversight, including fund segregation and anti-money laundering compliance.

Does Trade247 offer a demo account?

Yes, and here’s the good part—it doesn’t expire. You can use it for as long as you want, with full MT5 functionality. Perfect for testing strategies or learning the ropes without pressure.

Can I trade cryptocurrencies with Trade247?

Yes, Trade247 offers crypto CFDs as part of its 2,000+ instrument catalog. You can trade Bitcoin and Ethereum alongside forex, commodities, stocks, and indices—all from the same MT5 terminal.

Is Trade247 suitable for beginners?

Yes—but with a caveat. While the platform is beginner-friendly, no education portal or structured training is available. If you’re new to trading, you’ll need to source learning materials (or wait for their roadmap to update).

What trading platform does Trade247 offer?

Just one—MetaTrader 5 (MT5). No custom apps, no proprietary systems. You trade on the world’s most popular multi-asset terminal, with full support for indicators, scripts, EAs, and backtesting.

Does Trade247 charge any hidden fees?

No, there are no hidden fees. There are zero commissions, deposit or withdrawal, or inactivity fees. The only cost to you is the spread and standard swap fees for holding trades overnight, unless you use an Islamic account.

What is the minimum deposit at Trade247?

The minimum deposit is $100 for Standard and $500 for Pro.