Global Broker Regulation Inquiry App
WikiFX
helpneeded 
1-2 years
Are there any cons of using TRADE.COM?
Broker Issues
Regulation
2025-07-28
United States
WikiFX
Reply
Yes, there are some drawbacks. TRADE.COM does not support MetaTrader 4 (MT4) or cTrader, which may limit platform preference for some users. Additionally, the broker has been associated with clone license warnings, which requires careful identity verification to avoid scams. The higher-tier accounts also require substantial initial deposits.
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