Tredero.co Questions & Answers

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Here’s what consumers have asked with answers from Tredero.co staff and previous consumers.

6 questions answered
17% answered in 1 day
Question:

What payment methods are you using to make deposits and withdrawals through tredero?

Answer:

Pal, I deposited through a bank card. There are no charges and the funds are being transferred immediately. Literally, after you click that pay button, the funds will be shown on the balance of your trading account. Regarding the withdrawals, I have exceeded the deposited amount, so I can't use a bank card anymore. I have only one option left - wire transfers. I don't know what exactly you want to learn, but you should know that regarding the withdrawals, you can use the same payment method you used for depositing, only to the amount of funds you have previously you have deposited. This is connected to the AML policy and its standard one among all the brokers, regardless of how many payment methods they have incorporated.

By K'eon M.
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Question:

What trading account from tredero is the most optimal for swing and position trading?

Answer:

Wong T, I support your advice! I also think that in such circumstances it's better to start with Mini account. Given its trading conditions, it will be perfect in such situation. I think this broker specifically created such account system. It allows traders with any experience and deposit size to open trading account with suitable conditions.

By sabian E.
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Question:

Answer:

Well, it is commodities :) Why? It can be very subjective, but I just got excited by the first book of "Market WIzzards" where guys made fortunes trading commodities. Of course now it is a different time. But still, commodities present attractive trends. Just take recent cocoa's boom or gold's price surge😎 Tredero did well providing me these assets. Through the broker I have sufficient leverage to open meaningfui positions.

By Muhamad F.
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Question:

Are soft commodities volatile, or it's not dangerous to trade them?

Answer:

Hmm, yes and no at the same time. In general, trading any financial instrument can be dangerous. Especially one that's new to you. All financial instruments have different character of movement. Therefore, before you start trading on real account, carefully study movement of asset on the chart. I also recommend you to open several orders on demo account. It's all about volatility and leverage size. Depending on volatility, broker set a certain amount of leverage for this group of assets. It is safe to trade soft commodities if you take into account what I have written.

By Tanakrit P.
Question:

What do you think on the trading central feature on this platform, does it somehow benefit for you?

Answer:

Trading Central feature is an excellent addition to their platform. I don't know from where to start to open your eyes 😀 it is great that this feature is available to all of their clients, regardless of the account size. In the past, I was trading with a broker that was making their Trading Central accessible only if your trading account was above $1000. Let me draw you a picture of how it looks. It is another platform or hub from which you can access the dashboard. Not from your trading app. Once you are there you can see trading ideas accompanied by an explanation of what has triggered this particular idea. Also, regular market insight and analyses are published. I always read them. It is much easier to stay updated through these insights since they are focused on the latest market news. These two aspects I found most useful, but if you want to explore more there are some custom indicators but unfortunately, I have no experience using them.

By Wesley S.
Question:

What assets out of all you would advise to trade for a trader with a month of experience?

Answer:

I would advise you to stick to the major forex pairs, but not all of them. Just choose one or a maximum of two pairs. The thing is when you focus on one pair only, you will master the price movements and their daily or weekly cycles. You will learn the importance of trading hours, trading sessions and other important trading aspects that many beginners overlook by jumping from one pair to another by blindly following someone's trading signals.

By Mohammed Z.

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