• Regulated by SCA (UAE) & FSC (Mauritius)
  • Offers MT5 trading platform
  • Crypto pairs available, hedging allowed
Written by Angelo Martins
Fact checked by Evelina Laurinaityte
Human moderated by Jason Peterson
Last updated June 2025
Advertising disclosure ⇾

Established in 2025 and headquartered in Dubai, Trade247 aims to serve a new generation of traders. This Trade247 2025 review focuses on available user feedback, their stated pricing approach, and their regulatory framework, based on the information provided.

Spreads: Understanding Trade247's Cost Structure

A primary cost when trading is the spread, which is the difference between the buying and selling price of an asset. Trade247 offers Standard and Pro account types, both featuring variable spreads. According to their information, typical EUR/USD spreads range from 0.2 to 0.5 pips on both accounts, with no additional commission charged, which is noteworthy.

Since live spread data for Trade247 isn't currently connected to our spreads comparison tool, prospective clients should observe the actual spreads directly on the MT5 platform during active market hours to see how they perform in real-time.

Trade247 User reviews

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Not Ranked (Forex Brokers)

At present, FxVerify does not have any user reviews available for Trade247. Feedback from traders who have used a broker is often helpful for understanding the real-world service quality, including aspects like support responsiveness and withdrawal processing times. We will update this section should verified user experiences become available.

Due to the absence of user reviews, a user-based rating cannot be provided for Trade247 at this time. Their regulatory framework includes authorisation by the SCA (UAE) and the FSC (Mauritius). Information provided by the broker indicates competitive spreads. As a newer entrant founded in 2025, they focus on providing access to global markets with their stated features.

Regulation: Authorised by SCA (UAE) & FSC (Mauritius)

Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Trade Twenty Four 7 Markets Ltd 500 : 1
Trade Everyday Financial Advisors LLC 100 : 1

Trade247 operates under authorisations from two regulatory bodies: Trade Everyday Financial Advisors LLC is licensed by the Securities and Commodities Authority (SCA) of the UAE, and Trade Twenty Four 7 Markets Limited is licensed by the Financial Services Commission (FSC) of Mauritius.

Regulation by the SCA provides a level of oversight within the UAE's financial framework, with leverage for retail clients typically up to 1:100. The FSC of Mauritius is an offshore regulator, under which higher leverage (up to 1:500 as stated) can be offered.

Clients should be aware that protections like government-enforced segregated accounts or specific regulatory deposit insurance schemes may differ significantly between these jurisdictions, with offshore regulation generally offering fewer guarantees than top-tier financial centres.

Available Assets: Forex, Shares, Indices, Commodities & Crypto

Trade247 provides access to a diverse range of financial instruments. Their offering includes major and minor forex pairs (like EUR, GBP, USD, JPY), CFDs on individual shares (such as Meta, Tesla, Apple), global indices (UT100, DE40, US30), commodities including metals & energy (gold, silver, natural gas), and various cryptocurrencies (USDT, ETH, BTC, Ripple). They also list futures contracts on assets like gold and crude oil.

These instruments are traded as CFDs (Contracts for Difference), meaning you speculate on price movements with leverage. It's important to understand that leverage can amplify both potential gains and losses.

Swap Rates: Information on Overnight Costs

When you hold a trading position open overnight, beyond the daily market close, swap rates or overnight financing fees are typically applied. These are daily adjustments, either a charge or a credit, based on the instrument, your trade direction, and prevailing interest rates. Trade247 offers Islamic (swap-free) accounts for traders who require them.

Specific swap rate details for EUR/USD or other pairs are not provided in the available data. Clients will need to check the MT5 platform directly for the applicable swap rates on specific instruments. Triple swaps are usually charged mid-week to cover weekend financing.

Trading Platforms: MetaTrader 5 Exclusively

Platform Pros Cons
MetaTrader 5 (MT5)
  • Modern interface, advanced charting
  • More built-in indicators & timeframes
  • Handles diverse asset classes well
  • Powerful MQL5 for automated trading (EAs)
  • Can have a slightly steeper learning curve
  • Some older MT4 EAs may need conversion
MT5 Mobile App
  • Full trading functionality on the go
  • Convenient for account monitoring
  • Push notifications for market events
  • Charting less detailed than desktop
  • Smaller screen for analysis

Trade247 offers the globally recognised MetaTrader 5 (MT5) platform for its clients. MT5 is known for its advanced charting tools, wide range of technical indicators, and strong support for automated trading through Expert Advisors (EAs). It is available for desktop, web, and mobile devices, providing flexibility for traders.

Deposits & Withdrawals: Cards and Bank Transfer

Payment Method Processing Time - Deposits/Withdrawals Fees/Commissions Base Currency
Bank Transfer 2-5 working days None USD, EUR, GBP
Visa Instant/1-3 hours approval; 2-3 days to arrive None USD, EUR, GBP
Mastercard Instant/1-3 hours approval; 2-3 days to arrive None USD, EUR, GBP

Funding your Trade247 account can be done via bank transfer, Visa, and Mastercard. According to the information provided, the broker does not charge commissions on these transactions. Deposits via card are typically instant, while bank transfers take 2-5 working days. Withdrawals are processed within hours for approval, with funds taking a few business days to arrive.

Always consider that while Trade247 may not charge fees, your own bank or card issuer might impose charges for transactions. It's advisable to confirm all details on the official Trade247 website.

Trade247 Account types

  Standard Pro
Maximum leverage500:1400:1
Mobile PlatformMT5 Mobile
Trading platformMT5
Spread TypeVariable Spread
Minimum Deposit100500
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Standard
Maximum leverage 500:1
Trading platform MT5
Mobile platform MT5 Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Pro
Maximum leverage 400:1
Trading platform MT5
Mobile platform MT5 Mobile
Spread type Variable Spread
Minimum deposit 500
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

Trading Conditions: Key Features at Trade247

Trade247 states they offer Direct Market Access (DMA) execution. Hedging is permitted, allowing traders to hold both buy and sell positions on the same instrument simultaneously. Scalping (very short-term trading aimed at small profits) is not allowed.

Trade247 provides non-expiring demo accounts with up to $10,000 in virtual funds and leverage up to 1:500, which is useful for practice. Social trading and a Trading API are also listed as available features. On top of that, they state no inactivity fees are charged, and they offer educational materials like blogs and webinars.

Trade247 Profile

Company Name Trade Twenty Four 7 Markets Ltd
Categories Forex Brokers
Primary Category Forex Brokers
Year Founded 2025
Headquarters United Arab Emirates
Office Locations United Arab Emirates
Account Currency EUR, GBP, JPY, USD, AED
Support Languages Arabic, English
Funding Methods Bank Wire, Credit/Debit Card
Financial Instruments Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, Soft Commodities (coffee, sugar...)
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Fixed spread
Variable spread

The Trade247 profile on FxVerify provides a summary of their operational details: founded in 2025, headquartered in Dubai (UAE), primary account currencies including USD, EUR, and AED, English and Arabic language support, and the specific funding methods. It also outlines their offered financial instruments and lists countries from which clients are not accepted (such as US, China, India).

Trade247 Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
trade247.com
Organic monthly visits 121 (99%)
Organic traffic rank 965 out of 1782 (Forex Brokers)
Paid monthly visits 2 (1%)
Total monthly visits 123
Bounce rate 34%
Pages per visit 1.01
Average visit duration 00:00:00

Promotions

Trade247 indicates that bonuses are available. As promotional offers can vary and always come with specific terms and conditions, interested traders should visit the official Trade247 website to find details on current promotions and carefully review all associated rules before participating.

Trade247 User reviews

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