Trader500 Review
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Fast Facts
Contact Info and Support
Traffic information
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About Trader500
Trader500.com does not hold any valid licenses or regulation from recognized financial authorities such as the UK's Financial Conduct Authority (FCA), ASIC, CySEC, or similar bodies. It is unregulated. Investments made via this broker do not benefit from statutory investor protections; no valid license number is provided.
Trader500.com offers three tiers of live trading accounts: Bronze (minimum deposit $1,000+; spreads from approximately 2.3 pips), Silver (minimum deposit $10,000+; spreads from around 2.1 pips), and Platinum (minimum deposit $25,000; spreads from about 1.9 pips). MetaTrader 4 (MT4) is supported across platforms (web, mobile, desktop). No maximum leverage, base currencies, commissions beyond spreads, swap-free/Islamic terms, NBP, hedging/scalping policies, or EA support details are confirmed.
Pros and cons
Pros
- Offers MT4 platform across multiple devices.
- Availability of tiered account types with transparent minimum deposit and spread levels.
Cons
- Completely unregulated—no oversight by recognized financial authorities.
- High minimum deposit thresholds (from $1,000 to $25,000).
- Wide spreads compared to industry norms.
- No publicly disclosed details on leverage, base currencies, swap-free terms, funding/withdrawal methods, or client fund protection.
