Is Trade Next Generation the Right Choice for You? A Deep Dive into Its Features
| 💸 Account currency: | EUR, USD |
| 💳 Minimum deposit: | 100 USD |
| 🔗 Leverage: | Up to 1:500 |
| 📊 Spread: | 0.2 pips |
| 💼 Instruments: | Forex and CFDs on Cryptocurrencies, Stocks, Commodities, Stock Indices, Metals, and Energies |
| 📈 Margin call / Stop out: | 20% / 15% |
| 💰 Profitability | 80 % |
| ❌ Commission | 0 % |
| 💲 Total assets | More than 250 |
- Immediate deposit
- Spreads from 0.2 pips
- large educational base
- Easy and intuitive interface
- Fast order execution
- Not available in Canada
- Some assets may be overvalued
Security:
Trade Next Generation is overseen by multiple regulatory bodies. Although it is a well-known brand, it is not publicly traded, does not disclose its financial statements, and does not have a parent banking institution.
Pros:
- Most clients are top-tier financial institutions.
- Balance sheet protection.
Minuses:
- Financial information is not publicly available.
Trade Next Generation regulation and security:
Trade Next Generation guarantees the security and control of transactions through various licenses. The company has the following licenses:
FINAEU: An independent public authority that oversees the investment services market, securities transactions in Europe and the collective investment and asset management sector. It also regulates firms providing administrative services that fall outside the remit of FINAEU and the European Bar Association, as well as crypto-asset service providers.
Deposits and Withdrawals:
Trade Next Generation offers several free options for deposits and withdrawals. The withdrawal process is fast, with an average of 1 day.
Pros:
- Free withdrawals
- No commissions
- Credit/debit card support
Cons:
- Occasionally there may be a long wait for deposits to be credited
Deposit fees and options:
Trade Next Generation does not charge a deposit fee. The minimum deposit amount is $100 or equivalent in another base currency.
Trade Next Generation’s advantages over competitors include:
- Fast withdrawals and deposits
- Wide range of assets and instruments
- Convenience and accessibility
- Diverse and proprietary liquidity set maintains tight spreads 24/5.
- Free colocated VPS with low latency
Range of markets Trade Next Generation:
Forex
Trade one of the world’s most liquid asset class. Choose from our large range of currency pairs.
Spreads from 0.2 pips
Max. Leverage 1:500
Stocks
Get involved in some of the world’s leading brands. Trade the market movement in stocks.
Max. Leverage 1:20
Margins from just 5%
Indices
Gain instant access to the global equity markets. Trade the market movements in indices.
15+ World’s Most Popular Indices
Max. Leverage 1:200
Cryptocurrencies
Capitalize on the perfomance of Bitcoin, Ethereum and Litecoin without physically purchasing them.
Max.Leverage 1:20
Reviews of Trade Next Generation on Trustpilot:
Reviews on the Trustpilot platform confirm that users are quite satisfied with Tade Next Generation. The positive reviews entrench the idea that the company is quite reliable.
Should you trust Trade Next Generation?
Yes, you can trust Trade Next Generation. The company has licenses to protect client funds and offers brokerage services in different countries. Founded in 2016, Trade Next Generation operates under the rules of two first-tier jurisdictions and one second-tier jurisdiction.
Is Trade Next Generation suitable for long-term investments?
Yes, Trade Next Generation is suitable for long-term investments. The company was originally focused on CFD and copy brokerage services, but has since adapted to the needs of long-term investors.
Other reviews of Trade Next Generation:
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