12Trader Review 2024

What is 12Trader?

12Trader is an online broker that offers trading in forex, CFDs, stocks, and cryptocurrencies. Founded in 2013 and established in the United Kingdom, 12Trader was created by a group of financial experts. It provides a trading platform that offers traders a wide range of assets for trading in indices, commodities, and Forex currency pairs across both major and minor financial markets. The trading can be done 24/5 on the Web or via mobile devices using the 12Trader app. The trader platform offered is the Sirix Web Trader, a well-known platform used widely, by many brokers. It includes a social trading element. 12Trader earns its money through the spread. Minimum spreads with the Gold account are in line with other brokers, for example, 0.6 pips on the EUR/USD pair. However, it is important to note that 12Trader is owned by Safe Side Trading Ltd, which is an offshore company registered in St. Vincent and the Grenadine. St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the low setup cost, it does not regulate forex trading.

What is the Review Rating of 12Trader?

What are the Pros of 12Trader?

Here are the pros of 12Trader:. Wide Range of Assets: 12Trader offers a large choice of assets that are available to be traded 24/7. This includes 41 forex pairs, CFDs, cryptocurrencies such as Bitcoin, Ripple, and Litecoin, along with indices, commodities, metals, and stocks. User-Friendly Platform: The platform is easy to use with an intuitive website and mobile app. This makes it accessible for both new and experienced traders. Educational Resources: 12Trader provides video guides and chart reading tools to help traders carry out fundamental and technical analysis. This is particularly beneficial for beginners who are still learning the ropes of forex trading. Community Features: The platform has community features that allow traders to learn from and integrate with other platform users. This can be a great way to gain insights and strategies from more experienced traders. Personal Account Manager: Customer service is a heavily emphasized aspect of 12Trader, providing every account with a personal account manager that can answer questions, provide guidance, and help explain the direct signals service offered. Competitive Spreads & No Commission: 12Trader earns its money through the spread. Minimum spreads with the Gold account are in line with other brokers, for example, 0.6 pips on the EUR/USD pair. However, the lack of commission on any trades puts 12Trader in a strong position from a trading fee perspective. High Leverage: 12Trader offers leverage at a base rate of 1:200 for all account types. This can go up to 1:300 and 1:400 for Silver and Gold account members – higher than many brokers. Even though leverage can be used to increase potential profits, the risk of losses is also much higher, so should be used with caution. Mobile Trading: If you are a Silver or Gold account holder, you can download the 12Trader app to trade on the go. Please note that while these are some of the pros of 12Trader, it’s important to do thorough research and consider your individual trading needs before choosing a forex broker.

What are the Cons of 12Trader?

12Trader, an online broker offering forex, CFDs, stocks, and cryptocurrencies, has several drawbacks that potential investors should consider:. Regulatory Concerns: 12Trader is reportedly operating without a license. This lack of regulation raises questions about the security of funds and the overall credibility of the broker. High Minimum Deposit: The minimum deposit for 12Trader is $500. This high entry barrier may deter novice traders or those with limited capital from using the platform. Spreads: While 12Trader earns its money through the spread and does not charge commission on trades, the spreads offered on trading cryptocurrencies are relatively wide. This could impact profitability, especially for frequent traders. Leverage Risks: 12Trader offers leverage at a base rate of 1:200 for all account types, which can go up to 1:300 and 1:400 for Silver and Gold account members. While leverage can increase potential profits, it also significantly raises the risk of losses. Limited Base Currencies: 12Trader supports only one base currency. , which may not be convenient for international traders dealing in different currencies. Lack of Mutual Funds: 12Trader does not offer mutual funds for investment. , limiting the diversity of investment options available to users. Risk for New Traders: The high-risk nature of the platform may not be suitable for new traders. In conclusion, while 12Trader offers a range of assets and an easy-to-use platform, potential investors should carefully consider these drawbacks. It’s always important to conduct thorough research and consider multiple platforms before making an investment decision.

What are the 12Trader Current Promos?

12Trader, a regulated online broker, offers a variety of trading options in forex, CFDs, indices, stocks, commodities, and cryptocurrencies. The platform provides a range of account types, each with its own set of features and benefits. Micro Account: This account is designed for novice traders looking to increase their trading skills and knowledge. The minimum deposit required to open a Micro Account is $500. Silver Account: Developed for intermediate traders with some experience in trading, the Silver Account requires a minimum deposit of $10,000. This account offers more benefits and features than the Micro Account, including access to both the web trader and mobile trading platforms. Gold Account: This account is designed for professional traders and requires a minimum deposit of $25,000. The Gold Account offers numerous trading tools and advantageous features. It’s important to note that 12Trader earns its money through the spread. Minimum spreads with the Gold account are in line with other brokers, for example, 0.6 pips on the EUR/USD pair. However, spreads are less competitive for Silver and Micro account holders. Still, the lack of commission on any trades puts 12Trader in a strong position from a trading fee perspective. 12Trader offers leverage at a base rate of 1:200 for all account types. This can go up to 1:300 and 1:400 for Silver and Gold account members. While 12Trader provides a range of trading options and account types, it’s important to note that the specific promotions or offers were not found in the search results. It’s recommended to visit the official 12Trader website or contact their customer service for the most accurate and up-to-date information.

What are the 12Trader Highlights?

12Trader is a regulated online broker that offers trading in forex, CFDs, stocks, and cryptocurrencies. It was established in 2013 in the United Kingdom by a group of financial experts. Trading Platform: 12Trader uses the web-based social trading platform – SIRIX. This platform comes with an advanced charting package, multiple indicators, and a built-in social trading stream that allows traders to learn from and copy other traders. Assets & Markets: 12Trader offers a wide range of markets and tradeable financial instruments. These include 41 forex pairs, CFDs, cryptocurrencies such as Bitcoin, Ripple, and Litecoin, indices, commodities, metals, and stocks. Spreads & Commissions: 12Trader earns its revenue through the spread. The minimum spreads with the Gold account are competitive, for example, 0.6 pips on the EUR/USD pair. However, spreads are less competitive for Silver and Micro account holders. The lack of commission on any trades puts 12Trader in a strong position from a trading fee perspective. Leverage: 12Trader offers leverage at a base rate of 1:200 for all account types. This can go up to 1:300 and 1:400 for Silver and Gold account members. Mobile App: For Silver or Gold account holders, 12Trader provides a mobile app to trade on the go. Additional Features: 12Trader also offers a demo account, free daily signals, and social trading. It also provides a large range of educational resources. Please note that while 12Trader offers a wide range of services and features, it’s important to conduct your own research before investing your money.

Is 12Trader Legit and Trustworthy?

12Trader is a Forex and CFDs broker that was founded in 2013 in London. They provide financial trading solutions about cryptocurrency, CFDs, indices, Forex, commodities, and stocks. They offer various types of accounts, including swap-free and demo accounts. The company behind 12Trader is Safe Side Trading LTD, which is based in the United Kingdom. The parent company office is located at Safe Side Trading LTD Office address Suite 305, Griffith Corporate Centre Kingstown 1510 Saint Vincent and the Grenadines. However, there are some concerns about the legitimacy and trustworthiness of 12Trader. Some sources suggest that 12Trader is operating without a license and has many warnings against it. It’s also noted that 12Trader is owned by Safe Side Trading Ltd, which is an offshore company registered in St. Vincent and the Grenadines. St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. In conclusion, while 12Trader offers a range of trading services and has been in operation for several years, there are significant concerns about its regulatory status and the safety of funds. Therefore, potential investors should exercise caution and conduct thorough research before deciding to trade with 12Trader. It’s always recommended to trade with brokers that are regulated by reputable financial authorities to ensure the safety of your investment.

Is 12Trader Regulated and who are the Regulators?

12Trader is a Forex broker that has been in operation since 2013. It is owned by Safe Side Trading LTD. , which is based in the United Kingdom. The company claims to be regulated by the Financial Service Providers (FSP). and the Cyprus Securities and Exchange Commission (CySEC). However, there are conflicting reports about its regulatory status. While some sources state that 12Trader is regulated by the FSP and CySEC. , others suggest that it is not regulated. It is important to note that regulatory status can provide a level of protection for traders and investors, as regulated brokers are required to adhere to strict standards and regulations. Despite its claimed regulatory status, 12Trader has received some negative customer reviews. Therefore, potential clients are advised to exercise caution when considering opening an account with this broker. In terms of its offerings, 12Trader provides financial trading solutions for a variety of assets, including cryptocurrency, CFDs, indices, Forex, commodities, and stocks. It offers different types of accounts, including swap-free and demo accounts. The minimum deposit for opening an account with 12Trader is 50 USD. , and it offers a maximum leverage of 1:200. In conclusion, while 12Trader claims to be regulated by the FSP and CySEC, there are conflicting reports about its regulatory status. Therefore, potential clients are advised to exercise caution and conduct thorough research before opening an account with this broker.

Did 12Trader win any Awards?

12Trader, a regulated online broker offering trading in forex and CFDs, has indeed been recognized for its services in the forex industry. Awards: According to one source. , 12Trader has accumulated several awards over the years. These include:. Best FX Broker for two consecutive years, 2014 and 2015. Best Signals Provider in 2016. About 12Trader: Founded in 2013 and established in the United Kingdom, 12Trader was created by a group of financial experts. It offers trading in a large range of stocks, commodities, indices, and cryptocurrencies with personal advisors and free market analysis. Trading Platform: 12Trader uses the web-based social trading platform – SIRIX. This platform allows traders to quickly execute trades from any computer without needing to download any software. SIRIX comes with an advanced charting package and multiple indicators. The built-in social trading stream lets users learn from and copy other traders. Assets & Markets: 12Trader offers a range of markets and tradeable financial instruments. Not only can you trade with 41 forex pairs, but there are also CFDs and cryptocurrencies such as Bitcoin, Ripple, and Litecoin, along with indices, commodities, metals, and stocks. Spreads & Commissions: 12Trader earns its money through the spread. Minimum spreads with the Gold account are in line with other brokers, for example, 0.6 pips on the EUR/USD pair. However, spreads are less competitive for Silver and Micro account holders. Still, the lack of commission on any trades puts 12Trader in a strong position from a trading fee perspective. Leverage: 12Trader offers leverage at a base rate of 1:200 for all account types. This can go up to 1:300 and 1:400 for Silver and Gold account members – higher than many brokers. Even though leverage can be used to increase potential profits, the risk of losses is also much higher, so should be used with caution. Mobile App: If you are a Silver or Gold account holder you can download the 12Trader app to trade on the go. However, it’s important to note that there have been some controversies associated with 12Trader. For instance, it was reported that 12Trader promoted obviously fake awards from Bloomberg and The New York Times. If those awards were real, one would have been able to click on a link and view them or easily find them by running a basic Google search. Therefore, while considering 12Trader’s services, it’s crucial to conduct thorough research and exercise.

How do I get in Contact with 12Trader?

12Trader is a well-known entity in the world of forex trading. It is owned by Safe Side Trading LTD. The company’s headquarters are located at Suite 305, Griffith Corporate Centre Kingstown, 1510 St. Vincent and the Grenadines. To get in touch with 12Trader, you can reach their support team via phone or email. The phone number for 12Trader is +442039361313. Alternatively, you can send an email to support@12trader.com. 12Trader offers a variety of trading options, including CFDs, indices, Forex, commodities, and stocks. They provide financial trading solutions and have been serving traders and investors for more than eight years. They offer various types of accounts, including swap-free and demo accounts. The minimum deposit required to open an account is $500. They accept deposits through bank transfers, debit and credit cards, and electronic payment systems such as Skrill and PayPal. It’s important to note that while 12Trader has built a reputation in the forex trading industry, all investments come with risks. Therefore, potential investors are advised to thoroughly research and consider their options before investing.

Where are the Headquarters from 12Trader based?

12Trader is a Forex and CFD broker that was founded in 2013 and is headquartered in London, United Kingdom. However, it is regulated in Vanuatu and is currently applying for regulation in Cyprus under CySec. The company provides a trading platform that offers traders a wide range of assets for trading in indices, commodities, and Forex currency pairs across both major and minor financial markets. In the context of Forex, the location of a broker’s headquarters is an important factor to consider. The headquarters of a Forex broker can provide insight into the regulatory environment that the broker operates in, as well as the level of oversight and protection that traders can expect. In the case of 12Trader, the company’s headquarters in London, United Kingdom, is a positive sign, as the UK is known for its strict regulatory environment and high standards for financial services. In summary, 12Trader is a Forex and CFD broker that is headquartered in London, United Kingdom, but is regulated in Vanuatu and is currently applying for regulation in Cyprus under CySec. The company provides a trading platform that offers traders a wide range of assets for trading in indices, commodities, and Forex currency pairs across both major and minor financial markets. The location of 12Trader’s headquarters in London, United Kingdom, is a positive sign for traders, as the UK is known for its strict regulatory environment and high standards for financial services.

What kind of Customer Support is offered by 12Trader?

12Trader, a regulated online broker, offers a comprehensive customer support system to assist its clients in navigating the world of forex trading. Communication Channels: The customer support at 12Trader is accessible through various channels. Clients can reach out to the support team via telephone during business hours. For queries outside of these hours, email support is available around the clock. Additionally, live chat is also provided as a communication channel. This multi-channel approach ensures that clients can receive assistance in a timely and convenient manner. Support Team: The support team at 12Trader is based in London, United Kingdom, and offers services in both English and Arabic languages. This bilingual support caters to a diverse client base, enhancing the user experience for clients around the globe. Personal Advisors and Market Analysis: In addition to the standard customer support, 12Trader provides personal advisors and free market analysis. These services can guide clients in making informed trading decisions, thereby potentially enhancing their trading performance. Trading Platform: 12Trader uses the SIRIX trading platform, which is web-based and does not require any software download. This platform comes with an advanced charting package and multiple indicators, allowing clients to execute trades quickly from any computer. Furthermore, SIRIX features a built-in social trading stream, enabling clients to learn from and copy other traders. However, it’s important to note that while some users have had positive experiences with 12Trader’s customer support. , others have expressed dissatisfaction. As with any service, potential clients are advised to thoroughly research and consider multiple sources of information before making a decision.

Which Educational and Learning Materials are offered by 12Trader?

12Trader, a regulated online broker, offers a variety of educational and learning materials to assist both new and experienced traders in the Forex and CFD trading market. Educational Program: 12Trader provides an educational program specifically designed to help newer traders understand the basics of Forex and CFD trading. This program is an excellent resource for gaining a better understanding of trading terminology, risks, and investment strategies. SIRIX Trading Platform: 12Trader uses the SIRIX trading platform, a web-based social trading platform. This platform allows traders to execute trades quickly from any computer without the need to download any software. SIRIX comes with an advanced charting package and multiple indicators. The built-in social trading stream lets traders learn from and copy other traders. Assets & Markets: 12Trader offers a range of markets and tradeable financial instruments. Traders can trade with 41 Forex pairs, along with CFDs and cryptocurrencies such as Bitcoin, Ripple, and Litecoin. Indices, commodities, metals, and stocks are also available for trading. Mobile App: For Silver or Gold account holders, 12Trader provides a mobile app that allows traders to trade on the go. Additional Features: 12Trader offers several additional features to make trading and analysis easier. These include free daily signals, social trading, and personal advisors. Please note that while 12Trader claims to offer a range of educational Forex courses, these courses do not seem to be available within the website. However, the broker does provide some basic, static textual information on the site, explaining the rudiments of the Forex market.

Can anyone join 12Trader?

12Trader, a forex broker established in 2013, offers a platform for trading in a variety of financial instruments. It is regulated by the CySec and VFSC, lending it credibility. However, it’s important to note that regulation doesn’t automatically guarantee the honesty of a broker. The broker provides trading solutions for cryptocurrency, CFDs, indices, Forex, commodities, and stocks. It offers various types of accounts, including swap-free and demo accounts. The platform is available in three languages: Arabic, English, and German. 12Trader offers three types of accounts: Micro, Silver, and Gold. Each account type is designed to cater to different levels of traders, from novices to professionals. The Micro Account is designed for new or novice traders looking to increase their skill and knowledge. The minimum deposit required to open this account is $500. Traders are eligible to take a maximum leverage of 1:200. The Silver Account is developed for intermediate traders who have some experience in trading. A minimum deposit of $10,000 is required. This account provides leverage up to 1:400. The Gold Account is geared towards professional traders. A minimum deposit of $25,000 is required to open a gold account. It offers numerous trading tools and advantages. It’s important to note that while 12Trader provides a platform for trading, potential traders should conduct their own due diligence and consider their financial situation, experience level, and risk tolerance before deciding to trade with 12Trader. Trading in forex and other financial instruments involves a high level of risk and may not be suitable for all investors. As with any financial decision, potential traders should seek advice from a financial advisor if they have any doubts about trading. Please note that the information provided here is based on the latest available data and may be subject to change. For the most accurate and up-to-date information, potential traders should refer to the official 12Trader website or contact 12Trader directly.

Who should sign up with 12Trader?

12Trader is an online broker that offers trading in a variety of financial instruments, including forex, stocks, commodities, and cryptocurrencies. It provides a web-based social trading platform, allowing users to trade with other traders and copy trades based on the trading data feed of other traders. Who should sign up with 12Trader?. Experienced Traders: 12Trader offers a range of markets and tradable financial instruments. Not only can you trade with 41 forex pairs, but there are also CFDs and cryptocurrencies such as Bitcoin, Ripple, and Litecoin, along with indices, commodities, metals, and stocks. This wide variety of trading instruments can be attractive to experienced traders looking for diversity in their trading portfolio. Social Traders: 12Trader uses the web-based social trading platform – SIRIX. The built-in social trading stream lets you learn from and copy other traders. This feature can be beneficial for traders interested in social trading. Mobile Traders: If you are a Silver or Gold account holder, you can download the 12Trader app to trade on the go. This can be a significant advantage for traders who prefer mobile trading. However, potential users should be aware of some concerns raised about 12Trader. Some users have reported negative experiences, including issues with withdrawals and losses following trade signals and advice. Therefore, it’s crucial for potential users to do thorough research and consider these factors before deciding to sign up with 12Trader. In conclusion, while 12Trader may offer a variety of trading instruments and features that could be attractive to some traders, potential users should exercise caution and conduct thorough research before signing up.

Who should NOT sign up with 12Trader?

Forex trading is a complex and risky venture that requires careful consideration. While 12Trader offers a range of trading options, it may not be suitable for everyone. Here are some categories of individuals who might want to reconsider signing up with 12Trader:. 1. Novice Traders: Forex trading requires a solid understanding of financial markets and trading strategies. Novice traders or those new to the Forex market may find the high-risk nature of Forex trading challenging. Some users have reported losing significant amounts of money following 12Trader’s trade signals and advice. 2. Risk-Averse Individuals: 12Trader’s trading strategy has been described as high risk. Those who prefer low-risk investments or have a low tolerance for potential losses may want to avoid 12Trader. 3. Individuals Seeking Transparent Communication: Some users have reported communication issues with 12Trader, such as unresponsiveness after refusing to deposit more funds. If open and transparent communication with your broker is important to you, these reports may be a red flag. 4. Individuals Unable to Invest More Capital: 12Trader’s strategy has been described as "give me more money to survive bad times". If you’re unable or unwilling to invest more capital in response to market downturns, 12Trader may not be the right choice for you. 5. Individuals Seeking Regulated Brokers: 12Trader is an unregulated broker. If you prefer to work with regulated brokers for added security and peace of mind, you might want to consider other options. In conclusion, while 12Trader may be suitable for some, it’s important to thoroughly research and consider your personal financial situation, risk tolerance, and investment goals before choosing a Forex broker.

Does 12Trader offer Discounts, Coupons, or Promo Codes?

12Trader, a CFDs and Forex broker founded in 2013 in London, provides financial trading solutions about cryptocurrency, CFDs, indices, Forex, commodities, and stocks. They offer various types of accounts, including swap free and demo accounts. However, based on the information available, there is no specific mention of discounts, coupons, or promo codes offered by 12Trader. It’s important to note that promotional offers can vary and may be available during certain periods or under specific conditions. Therefore, it’s recommended to regularly check their official website or contact their customer service for the most accurate and up-to-date information. Remember, while promotional offers can provide financial benefits, it’s crucial to thoroughly understand the terms and conditions associated with them. Always ensure that the trading conditions align with your financial goals and risk tolerance levels. Happy trading!.

Which Account Types are offered by 12Trader?

12Trader, a regulated online broker, offers a variety of account types to cater to different trading needs. Micro Account: This account type is designed for beginners in the forex market. It can be opened with a deposit as low as $50. The Micro account offers a maximum leverage of 200:1. and provides access to the Sirix Web Trader Platform. Silver Account: The Silver account requires a minimum deposit of $10,000. It offers higher leverage capped at 400:1. , which can potentially lead to higher profits but also involves greater risks. This account type provides access to both the Sirix Web Trader Platform and 12Trader’s mobile trading platform. Gold Account: The Gold account is designed for more experienced traders. It requires a minimum deposit of $25,000. Like the Silver account, it offers a maximum leverage of 400:1. and access to both the Sirix Web Trader Platform and the mobile trading platform. In addition to these, 12Trader also offers “exclusive accounts” which require a minimum deposit of $100,000 and are available by invitation only. All account types offer trading in forex and CFDs on stocks, indices, gold, commodities, and oil. They also provide access to a range of educational resources, daily and weekly market analysis, and an economic calendar. However, it’s important to note that the availability of these features may vary depending on the account type.

How to Open a 12Trader LIVE Account?

Opening a 12Trader LIVE account involves a series of steps. Here’s a detailed guide:. Step 1: Visit the 12Trader Website Start by visiting the official 12Trader website. This is where you’ll find all the information you need about the broker and its offerings. Step 2: Choose Account Type 12Trader offers several types of accounts, including Micro, Silver, and Gold. Each account type comes with its own set of features and benefits. For instance, Silver and Gold account holders can access daily signals and training, and they also have an account manager. Choose the account type that best suits your trading needs and financial goals. Step 3: Register Once you’ve chosen your account type, you’ll need to register. This typically involves providing your personal information and setting a secure password. Step 4: Deposit Funds After registration, you’ll need to deposit funds into your account. The minimum deposit for a Micro account is $500, while for Silver and Gold accounts, it’s $10,000 and $25,000 respectively. 12Trader accepts payments through PayPal, Neteller, and Skrill. Step 5: Start Trading Once your account is funded, you can start trading. 12Trader offers trading in forex, CFDs, stocks, and cryptocurrencies. You can trade on the web-based social trading platform – SIRIX. SIRIX comes with an advanced charting package and multiple indicators. Note: Always remember that trading involves risk and it’s possible to lose your invested capital. Make sure you understand the risks involved and take them into consideration before you start trading. Please note that the information provided here is based on the data available as of 2023 and may be subject to change. Always visit the official 12Trader website or contact their customer service for the most accurate and up-to-date information.

How to Open a 12Trader DEMO account?

Opening a 12Trader DEMO account is a straightforward process that allows potential traders to familiarize themselves with the platform and its features before committing to a live trading account. Here are the steps to open a 12Trader DEMO account:. Visit the 12Trader Website: The first step is to navigate to the official 12Trader website. Find the Demo Account Option: Look for the option to open a demo account. This is typically located in the main navigation menu or in the footer of the website. Register for a Demo Account: Click on the demo account option and you will be directed to a registration page. Here, you will need to provide some basic information such as your name, email address, and phone number. Set Up Your Account: After registration, you will be asked to set up your demo account. This includes selecting your preferred trading parameters such as deposit amount, account currency, account leverage, and the account type. Start Trading: Once your account is set up, you can start trading. The 12Trader demo account provides a realistic trading environment where you can trade with virtual money, allowing you to gain trading experience without risking real money. . Remember, the 12Trader demo account is a tool for learning and practice. It allows you to understand the dynamics of the forex market and to test your trading strategies in a risk-free environment.

How Are You Protected as a Client at 12Trader?

When it comes to client protection at 12Trader, it’s important to note that the broker is not regulated. This means that trading with 12Trader may carry a higher level of risk compared to trading with a regulated broker. The company is operated by Safe Side Trading LTD and is located in Saint Vincent and the Grenadines. Trading Platforms and Instruments: 12Trader provides its clients with the SIRIX platform, which is known for its social trading capabilities. This allows for both copy trading and social interaction between traders. The broker offers a range of instruments including Forex, Commodities, CFDs, and Cryptocurrency. Leverage: One of the features of 12Trader is the provision of generous leverage rates, which can go up to 1:400. However, it’s crucial to understand that while higher leverage can increase potential profits, it can also amplify losses. Account Types: 12Trader offers different account types including MICRO, Silver, and Gold. Each of these accounts has different features and requirements. For instance, the minimum deposit for a MICRO account is 500 USD, while for a Silver account it’s 10,000 USD, and for a Gold account, it’s 25,000 USD. Warnings: It’s worth noting that the UK Financial Conduct Authority (FCA) has issued a warning about Safe Side Trading Ltd, stating that it is a clone firm of an FCA registered company. The same warning against Safe Side Trading Ltd came from New Zealand’s Financial Markets Authority (FMA). In conclusion, while 12Trader offers a range of trading options and features, the lack of regulation and warnings issued by financial authorities are significant factors to consider for client protection. It’s always recommended to trade with a broker that is regulated by a trusted regulatory jurisdiction.

Which Funding methods or Deposit Options are available at 12Trader?

12Trader, an online broker offering forex, CFDs, stocks, and cryptocurrencies, provides a variety of funding methods and deposit options for its users. Payment Methods: Deposits and withdrawals at 12Trader are both easy and secure. The platform accepts a wide range of debit and credit cards, including Visa and Mastercard. In addition to card payments, 12Trader also supports digital payment methods such as PayPal and Skrill. For those who prefer traditional banking methods, wire transfers are also accepted. Account Types: 12Trader offers three different account types: Micro, Silver, and Gold. The Micro account can be opened with a deposit of as little as $50. The Silver account requires a minimum deposit of $10,000 or its Euro equivalent, while the Gold account requires a minimum deposit of $25,000 or its Euro equivalent. Trading Platforms: 12Trader uses the web-based social trading platform – SIRIX. Traders can use SIRIX to quickly execute trades from any computer without needing to download any software. If you are a Silver or Gold account holder, you can download the 12Trader app to trade on the go. Trading Instruments: 12Trader allows traders to trade more than 100 different financial instruments. Not only can you trade with 41 forex pairs, but there are also CFDs and cryptocurrencies such as Bitcoin, Ripple, and Litecoin, along with indices, commodities, metals, and stocks. In conclusion, 12Trader provides a comprehensive suite of deposit options and a robust trading platform, making it a viable choice for traders looking to invest in forex and other financial instruments.

What is the Minimum Deposit Amount at 12Trader?

12Trader, an online broker established in the United Kingdom in 2013, offers a variety of trading options including forex, CFDs, stocks, and cryptocurrencies. The platform is known for its user-friendly interface and a wide range of financial instruments. The minimum deposit at 12Trader varies depending on the type of account. For a Mini Account, the minimum deposit is $500. For a Standard Account, the minimum deposit increases to $10,000. If you’re looking to open a VIP Account, be prepared to deposit a minimum of $25,000. 12Trader offers leverage at a base rate of 1:200 for all account types. This can go up to 1:300 and 1:400 for Silver and Gold account members. While leverage can be used to increase potential profits, the risk of losses is also much higher, so it should be used with caution. It’s important to note that 12Trader earns its money through the spread. Minimum spreads with the Gold account are in line with other brokers, for example, 0.6 pips on the EUR/USD pair. However, spreads are less competitive for Silver and Micro account holders. In terms of payment options, 12Trader accepts PayPal, Neteller, Skrill, and bank wire transfers. There are no payment fees. Before making a decision, potential traders can explore the platform using a free demo account. This is a great tool to get a feel for the broker and explore day trading. Please note that while 12Trader offers a range of trading options and account types, it’s crucial to understand the risks associated with trading. Always do your research and consider seeking advice from financial experts before making any investment decisions.

Which Withdrawal methods are available at 12Trader?

12Trader, a regulated online broker, offers a variety of financial instruments for trading, including forex, CFDs, stocks, and cryptocurrencies. When it comes to withdrawal methods, 12Trader provides several options to cater to the diverse needs of its traders. Bank Transfers: One of the most traditional and widely used methods for withdrawing funds is through bank transfers. This method is known for its reliability and security, making it a preferred choice for many traders. However, it’s worth noting that the processing time for bank transfers can vary depending on the bank and country. Debit and Credit Cards: 12Trader also allows withdrawals to be made directly to a trader’s debit or credit card. This method is often favored for its convenience and speed, as it allows traders to access their funds directly. Electronic Payment Systems: In addition to bank transfers and card withdrawals, 12Trader supports electronic payment systems such as Skrill and PayPal. These platforms offer a fast and efficient way to withdraw funds, often processing transactions within 24 hours. It’s important to note that while these withdrawal methods offer flexibility and convenience, traders should be aware of any potential transaction fees or processing times associated with each method. Additionally, the minimum withdrawal amount at 12Trader is $500. , which is relatively high compared to some other brokers. In conclusion, 12Trader offers a range of withdrawal methods to suit the needs of its traders. Whether you prefer the security of a bank transfer, the convenience of a card withdrawal, or the speed of an electronic payment system, 12Trader has options to fit your needs.

Which Fees are charged by 12Trader?

12Trader, a trading platform, imposes a variety of fees depending on the type of financial instrument traded or withdrawal methods requested. Here’s a detailed breakdown:. Commissions and Fees: 12Trader’s commissions and fees may differ from other brokerage companies. These are not standard across all trading platforms. Trading Instruments: 12Trader allows traders to trade over 100 financial instruments including Forex, Majors, Indices, Energies, Metals, Agriculturals. Inactivity Fee: 12Trader does not charge an inactivity fee for dormant non-trading accounts. Withdrawal Fees: 12Trader does not charge withdrawal fees from verified 12Trader accounts. Deposit Fees: There may be small fees when making deposits to 12Trader. These fees will vary depending on your 3rd party deposit method, the currencies involved with your 12Trader deposit, the amount you are depositing to 12Trader, and your country of residence. Account Fees: 12Trader does not charge account fees for standard 12Trader trading accounts. Overnight Fees: Open CFD positions incur overnight fees each night, Monday through Friday, for the duration of their holding period. Please note that when evaluating buy and sell orders on 12Trader, the trading fees that are incurred on 12Trader should be checked so that you are aware of them. All these fees are straightforward and completely transparent, listed on the 12Trader website.

What can I trade with 12Trader?

12Trader is a regulated online broker that offers a wide range of trading options. Forex Trading: 12Trader provides the opportunity to trade with 41 forex pairs. This includes a mix of major, minor, and exotic currency pairs, offering a broad spectrum for traders of all experience levels. CFDs: Contract for Difference (CFD) trading is another key offering of 12Trader. CFDs are derivative products that allow traders to speculate on the rising or falling prices of fast-moving global financial markets. With 12Trader, you can trade CFDs on indices, stocks, FX, commodities, and crypto pairs. Cryptocurrencies: In addition to forex and CFDs, 12Trader also allows trading in cryptocurrencies. This includes popular digital currencies like Bitcoin, Ripple, and Litecoin. Cryptocurrency trading is done through CFDs, allowing traders to speculate on price movements without owning the underlying asset. Other Instruments: Beyond forex, CFDs, and cryptocurrencies, 12Trader also offers trading in indices, commodities, metals, and stocks. This wide range of tradeable financial instruments makes 12Trader a versatile platform for traders looking for diverse investment opportunities. It’s important to note that while 12Trader offers a broad range of trading options, trading in forex and other financial instruments involves risk. Traders should ensure they understand these risks and seek advice if necessary before trading.

Which Trading Platforms are offered by 12Trader?

12Trader, a regulated online broker, offers a variety of trading platforms for its users. 12Trader’s Own Platform The primary platform offered by 12Trader is their own proprietary platform. This platform allows users to trade in a variety of instruments including Forex, CFDs, indices, stocks, commodities, and cryptocurrency. SIRIX Trading Platform In addition to their own platform, 12Trader also utilizes the SIRIX trading platform. SIRIX is a web-based social trading platform that allows users to execute trades from any computer without needing to download any software. It comes with an advanced charting package and multiple indicators. One of the key features of SIRIX is its built-in social trading stream, which allows users to learn from and copy other traders. Mobile App For Silver or Gold account holders, 12Trader offers a mobile app that allows users to trade on the go. This provides flexibility and convenience for users who prefer to trade from their mobile devices. These platforms are designed to cater to a wide range of traders, from novices to professionals, and offer a variety of features to enhance the trading experience. Please note that while these platforms offer many advantages, trading in Forex and other financial instruments always carries a risk, and users should trade responsibly.

Which Trading Instruments are offered by 12Trader?

12Trader, an online broker established in 2013 in the United Kingdom, offers a wide range of trading instruments. The company was created by a group of financial experts and provides financial trading solutions in various markets. Forex Trading: 12Trader allows trading in forex with 41 different currency pairs. This provides traders with the opportunity to speculate on the price movements of major, minor, and exotic currency pairs. CFDs: Contract for Difference (CFD) trading is also available on 12Trader. CFDs are derivative products that allow traders to speculate on the rising or falling prices of fast-moving global financial markets. Cryptocurrencies: In addition to forex and CFDs, 12Trader offers trading in cryptocurrencies such as Bitcoin, Ripple, and Litecoin. Cryptocurrency trading allows traders to speculate on the price movements of digital currencies. Indices, Commodities, Metals, and Stocks: Traders on 12Trader have access to a variety of other financial instruments. These include indices, commodities, metals, and stocks. This wide range of offerings allows traders to diversify their portfolios and explore different markets. 12Trader uses the web-based social trading platform – SIRIX. This platform allows traders to quickly execute trades from any computer without needing to download any software. It comes with an advanced charting package and multiple indicators. The built-in social trading stream lets traders learn from and copy other traders. It’s important to note that trading involves risk and it’s possible to lose your invested capital. Therefore, traders should ensure they understand the risks involved and take into account their level of experience before trading.

Which Trading Servers are offered by 12Trader?

12Trader, a regulated online broker established in 2013 in the United Kingdom. , offers a variety of trading services. It provides a platform for trading in forex, CFDs, stocks, and cryptocurrencies. The primary trading platform used by 12Trader is SIRIX. This web-based social trading platform allows traders to execute trades quickly from any computer without needing to download any software. SIRIX comes with an advanced charting package and multiple indicators. One of the key features of SIRIX is its built-in social trading stream, which allows traders to learn from and copy other traders. In terms of assets and markets, 12Trader offers a wide range. Traders can trade with 41 forex pairs, and there are also CFDs and cryptocurrencies such as Bitcoin, Ripple, and Litecoin. In addition, indices, commodities, metals, and stocks are available for trading. 12Trader operates on a spread-based model for its earnings. The minimum spreads with the Gold account are in line with other brokers, for example, 0.6 pips on the EUR/USD pair. However, spreads are less competitive for Silver and Micro account holders. The lack of commission on any trades puts 12Trader in a strong position from a trading fee perspective. Leverage is another important aspect of 12Trader’s offerings. The broker offers leverage at a base rate of 1:200 for all account types. This can go up to 1:300 and 1:400 for Silver and Gold account members. While leverage can be used to increase potential profits, the risk of losses is also much higher, so it should be used with caution. For traders who prefer to trade on the go, 12Trader offers a mobile app. This allows traders to access their accounts and execute trades from anywhere, providing flexibility and convenience. Please note that while 12Trader offers a wide range of services and features, it’s important for traders to understand the risks involved in trading. It’s always recommended to start with a demo account and gain a solid understanding of the markets before trading with real money.

Can I trade Crypto with 12Trader? Which crypto currencies are supported by 12Trader?

Yes, you can trade cryptocurrencies with 12Trader. 12Trader is an online broker that offers trading in forex, CFDs, stocks, and cryptocurrencies through a web platform and mobile app. It was founded in 2013 in London and provides financial trading solutions about cryptocurrency, CFDs, indices, Forex, commodities, and stocks. The cryptocurrencies supported by 12Trader include Bitcoin, Ripple, and Litecoin. These cryptocurrencies are available as CFDs, allowing traders to speculate on the price movements of these digital assets without actually owning them. 12Trader uses the web-based social trading platform – SIRIX. Traders can use SIRIX to quickly execute trades from any computer. SIRIX comes with an advanced charting package and multiple indicators. The built-in social trading stream lets you learn from and copy other traders. 12Trader offers a range of markets and tradeable financial instruments. Not only can you trade with 41 forex pairs, but there are also CFDs and cryptocurrencies such as Bitcoin, Ripple, and Litecoin, along with indices, commodities, metals, and stocks. Please note that trading in cryptocurrencies involves risk, just like any other investment option. It’s important to understand the market before you start trading. Always do your own research and consider your financial situation carefully. If you’re unsure, consider seeking advice from a financial advisor. Happy trading!.

What is the Leverage on my 12Trader Trading Account?

Verkennen. In the context of forex trading, leverage is a powerful tool that allows traders to control larger positions with a smaller amount of actual trading funds. In other words, it offers the trader the ability to trade much larger amounts than the initial deposit. The leverage on a 12Trader Trading Account starts at a base rate of 1:200 for all account types. This means that for every dollar in your account, you can trade up to 200 dollars in value. However, this can increase up to 1:300 and 1:400 for Silver and Gold account members respectively. This is higher than many brokers, meaning that 12Trader provides a significant amount of leverage. However, it’s important to note that while leverage can be used to increase potential profits, the risk of losses is also much higher. Therefore, it should be used with caution. For example, if a trader uses too much leverage without considering the potential downside, the losses can be amplified in the same way as the gains. In conclusion, leverage is a double-edged sword. It can significantly increase your profits if used correctly, but it can also lead to substantial losses if not managed properly. Therefore, it’s crucial to understand how leverage works and to use it responsibly when trading on your 12Trader account.

What kind of Spreads are offered by 12Trader?

12Trader, a regulated online broker, offers a variety of spreads across different account types. The broker provides trading in forex, CFDs, stocks, and cryptocurrencies through a web platform and mobile app. Spreads & Commissions: 12Trader earns its revenue through the spread. The minimum spreads with the Gold account are in line with other brokers, for example, 0.6 pips on the EUR/USD pair. However, spreads are less competitive for Silver and Micro account holders. Despite this, the absence of commission on any trades puts 12Trader in a strong position from a trading fee perspective. Account Types: 12Trader offers three types of accounts: Micro, Silver, and Gold. The Micro account can be opened with a deposit of as little as $50. This account offers only the Sirix Web Trader Platform, while the other account types may be used with 12 Trader’s mobile trading platform on smartphones. The Micro account offers maximum leverage of 200:1, while the other account types offer considerably higher leverage capped at 400:1. The Silver account requires a minimum deposit of $10,000 or its Euro equivalent, while the Gold account requires a minimum deposit of $25,000 or its Euro equivalent. It’s important to note that while leverage can be used to increase potential profits, the risk of losses is also much higher, so it should be used with caution. In conclusion, 12Trader offers a range of spreads and leverages across different account types, providing flexibility for traders with varying investment capacities and risk appetites.

Does 12Trader offer MAM Accounts or PAMM Accounts?

Unfortunately, the information about whether 12Trader offers MAM or PAMM accounts is not available. However, it’s important to understand what these accounts are and how they function in the context of forex trading. MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts are types of investment accounts that allow retail investors to tap into the expertise of professional traders. They facilitate traders in expanding their audience reach and cater to different needs for investors and traders alike. A MAM account allows professional traders to manage multiple client accounts from a single master account. The master account is controlled by the trader and is linked to several sub-accounts, each owned and controlled by a different individual investor. The funds of the investors are pooled together and managed by the trader. As the trader executes trades in the master account, the same trades are automatically replicated on the individual sub-accounts according to the allocation percentage. On the other hand, a PAMM account is a type of investment account offered by some forex brokers, which allows retail investors to allocate their funds to be managed by experienced traders. An investor deposits funds into a PAMM account, which are then pooled together with funds from other investor accounts. The appointed trader or investment manager then makes investment decisions on behalf of the group. Both MAM and PAMM accounts provide managers the high level of control they need to maximize returns from trading forex. The choice between MAM and PAMM should be based on factors such as your experience level, goals, and objectives.

Does 12Trader allow Expert Advisors?

12Trader is a forex broker that offers a variety of trading options. However, based on the information available, it’s not explicitly stated whether 12Trader allows the use of Expert Advisors (EAs). EAs are automated trading systems used in the MetaTrader platform, which allow for algorithmic trading in the forex market. These systems can follow a set of programmed rules to open and close trades, making them a valuable tool for many forex traders. While some brokers do allow the use of EAs. , the specific policies can vary widely. Some brokers may allow EAs on all account types, while others may only permit them on certain account types or require an additional fee. Given the lack of explicit information regarding the use of EAs on 12Trader, it would be advisable for potential users to contact 12Trader directly to inquire about their policy on EAs. This will ensure that traders have the most accurate and up-to-date information before deciding to use this platform for their forex trading needs. Please note that while EAs can offer many advantages, they also come with risks. It’s important for traders to fully understand how EAs work and to use them responsibly. Always remember that no form of trading is without risk, and past performance is not indicative of future results. In conclusion, while 12Trader offers a range of trading options, it’s not clear whether they allow the use of EAs. Potential users should reach out to 12Trader directly for the most accurate information.