Tradematics.com Review
Tradematics is a registered trademark of Golden Brokers Ltd., known for leveraging advanced technology to provide both professional and individual traders with access to some of the largest and most liquid financial markets worldwide. What sets Tradematics apart is its pioneering use of artificial intelligence in the brokerage industry.
As the first broker globally to integrate AI into its platform, Tradematics offers a unique experience. Its AI model, “Andy,” serves as a personal guide, assisting traders with insights and strategies to navigate the complexities of trading.
They provide more than 60 currency pairs and CFDs on shares, indices and commodities, metals and energies and also a free of charge Demo account.
Trading options, Tradematics trading instruments
You can trade a variety of financial instruments on Tradematics.com, including Commodities, Forex, Indices, and Shares. Each of these instruments is clearly explained on their website, providing valuable details for traders of all experience levels. The platform also offers comprehensive resources, allowing users to easily understand the characteristics and risks associated with each market. This ensures that traders can make informed decisions and navigate their trading journey with confidence.
Regulation of Tradematics
Tradematics operates under the registered brand name of Golden Brokers Limited, which is authorized and regulated by the Labuan Financial Services Authority (LFSA). The company ensures that client funds are closely monitored in accordance with the latest regulatory standards, safeguarding them through strict separation from the company’s own funds and accounts. These details, including licensing and regulatory information, are transparently available on their website under the section “Licences and Regulations”.
Demo Account
A demo account is an excellent tool for learning how to trade. It is a virtual account that mirrors a live trading environment, allowing you to practice using real trading platforms with pre-loaded virtual funds. Demo accounts are typically free and unlimited, though each broker may have its own terms, so it’s important to review the conditions before signing up. Tradematics.com offers a demo account, and the option to open one is conveniently available at the bottom of their website throughout your browsing experience.
Tradematics Fees
Broker fees can vary and may change over time, with some additional charges that might not be mentioned in this review. Detailed trading conditions are provided in simple terms under the “Trading” section of the website. If a position is held overnight, swaps will apply, but the exact charges are not specified. Other fees are not readily listed, though spreads for individual instruments can be found under the “Instruments” section. Unfortunately, the minimum deposit requirement is also not clearly mentioned on the website.
Registration
To try out a demo account, simply click on the “Try Demo Account” option. A small registration form will pop up, asking for your first name, last name, and email address. After submitting the form, you’ll receive two emails: one with your login credentials and another with an activation link.
Next, you can choose the type of account you wish to use.
The demo account comes pre-loaded with $100,000 in virtual funds to help you practice and learn the platform without any risk.
Trading platforms of Tradematics
You can trade on your smartphone using the Tradematics app, which is available for both iOS and Android. The app provides full functionality, allowing you to log in, open and close positions, and set up trade orders directly from your mobile device. For desktop users, the xStation trading platform is available for download, or you can opt for Webtrader, which runs directly in your browser. After account verification, I tried accessing the trading options, but I was unable to proceed. However, the process was simple and easy to follow, offering seamless access to the trading tools.
The broker’s website
The website has a simple, clean, and calming design, with no unnecessary elements like flashing lights or excessive marketing language. The main menu, located at the top, provides easy access to the following sections:
- About Us
- Trading
- Instruments
- Platforms
- News
- Education
Under the “News” section, you can find market updates, analysis, weekly reviews, a blog, and an economic calendar. The “Education” section lacks posts, webinars, and videos that would typically help users learn more about trading.
Tradematics Social networks
Tradematics provides links to its social media profiles, including Facebook, X (formerly Twitter), LinkedIn, and Instagram, directly on their website.
Pros:
- Regulated
- 60+currency pairs and CFDs on shares, indices and commodities, metals and energies
- Simple website
- Downloadable pdf legal documents
Cons:
- No live chat
- Missing information on fees and account details
Pros / Cons
- Regulated
- 60+currency pairs and CFDs on shares, indices and commodities, metals and energies
- Simple website
- Downloadable pdf legal documents
- No live chat
- No social network account
- The demo didn`t work
- Missing information on fees and account details
Our Score
Tradematics is a registered brand name of Golden Brokers Ltd., providing 60 currency pairs, CFDs on shares, indices, commodities, metals, Demo account.
