About Tradeo
Overview
Tradeo is a forex broker founded on 23 January 2018 and based in Limassol, Cyprus. The company operates under the legal name UR TRADE FIX Ltd and is registered at 15, Spyrou Kyprianou Ave, Matrix Tower II, 4th floor, 4001, Limassol.
The broker positions itself as a provider of online trading services, offering a range of account types to accommodate different capital levels. It is regulated by the Cyprus Securities and Exchange Commission (CYSEC), a well-known European regulator, which imposes certain operational standards and client protection measures.
Regulation and Licensing
Tradeo holds a CYSEC Derivatives Trading License (Market Maker) under number 282/15. This licence allows the broker to offer leveraged trading products to retail and professional clients, subject to CySEC's oversight.
CySEC regulation means the broker must comply with MiFID II requirements, including client fund segregation, negative balance protection, and eligibility for the Investor Compensation Fund (ICF) up to €20,000. However, the specific status of the licence (active or otherwise) is not detailed in the provided data.
Account Types
Tradeo offers five account tiers, differentiated primarily by minimum deposit requirements: - STANDARD: €1,000 minimum deposit - CLASSIC: €2,500 minimum deposit - GOLD: €10,000 minimum deposit - PLATINUM: €25,000 minimum deposit - PREMIUM: €50,000 minimum deposit
Other features such as spreads, leverage, commission structures, and available trading platforms are not disclosed in the available information. Traders should verify these details directly with the broker.
Trading Platforms and Instruments
The provided data does not specify which trading platforms Tradeo offers, but user reviews mention the MT4 platform, suggesting it is available. Similarly, the range of tradable instruments (forex, indices, commodities, etc.) is not confirmed from the structured data.
Prospective clients should contact the broker or consult official documentation for a complete list of supported assets and platforms.
Deposits and Withdrawals
Information on deposit and withdrawal methods is not available in the provided data. Some user reviews indicate that deposits are made via bank transfer or credit card, but official methods are unconfirmed.
Withdrawal processing times and fees are also undisclosed. Given the high number of withdrawal-related complaints in reviews, traders should exercise caution and seek clarity before funding an account.
Target Audience
Tradeo's high minimum deposits (starting at €1,000 and going up to €50,000) suggest the broker targets retail and possibly professional traders with substantial capital. The tiered account structure implies a focus on providing differentiated services for higher-tier clients.
However, the low Trustpilot score and numerous negative reviews about scams and poor support indicate that the broker may not be suitable for beginner traders or those who prioritise ease of withdrawal and transparent operations.
Overview compiled by FXCanary from regulatory records and public data. full Tradeo review