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18.03.2022
TRADER MINDS REVIEW
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( reviews)
GENERAL INFORMATION
Broker Name:
Trader Minds
Broker Type:
Forex and CFDs
Country
UK
Regulation:
N/A
Address:
40 Bank Street, Heron Quay, Canary Wharf, E14 5AB.
Broker status:
Active
CUSTOMER SERVICE
Phone:
+442034554958
Email:
N/A
Languages:
English
Availability:
24/5
TRADING
Trading platforms:
Proprietary
Trading platform Time zone:
N/A
Demo account:
No
Mobile trading:
Yes
Web-based trading:
Yes
Bonuses:
Yes
Other trading instruments:
Yes
ACCOUNT
Minimum deposit ($):
$250
Maximal leverage:
1:400
Spread:
Floating From 0.0 Pips
Scalping allowed:
Yes
Broker Review: Trader Minds
General Information & First Impressions
Trader Minds is an innovative online brokerage with a unique mix of trading conditions. It’s a CFD brokerage that operates from the UK and offers various assets for users to trade. Its exact location is 40 Bank Street, Heron Quay, Canary Wharf, E14 5AB. In this traderminds.com review, we will strive to figure out whether it’s the right trading service provider for you.
One of the main advantages of the brokerage is the fact that it allows traders to use CFDs. That way, the broker dodges a lot of common issues with traditional sorts of trading. For starters, it allows it to create a much larger trading asset library with a much deeper pool of choices within each category. That strongly contributes to the variety of experiences that the broker can offer.
Its categories include popular trading instruments classes such as crypto, forex, and stocks. However, there’s also room for safer investments at traderminds.com, with indices and commodities. As such, no matter your asset preference, the broker presents itself as a strong choice.
It also has a ton of different accounts, as we will show later. Again, that contributes to the broker’s openness and allows it to suit the needs of different traders.
Lastly, there’s also the fact that the broker’s website is quite accessible, smooth, and information-rich. That makes it more suitable for traders and investors that don’t want to waste their time. We’re quite glad that it eliminates the drivel a lot of brokers like to put on their websites.
Altogether, that creates quite a strong first impression. And since the broker presents its info quite cleanly, it’s even more impactful. As such, we’re off to a great start to our traderminds.com review.
Fund and Account Security
Safety is always a significant component that dictates a large part of the experience with a broker. If it’s safe, you’re unlikely to notice much of anything, but if it’s not, you’re in for a ride. That’s because joining an unsafe brokerage can have a massively negative impact on your trading outcomes. If you’ve deposited more than you can lose, you can end up in a precarious financial situation for a long time.
That’s why it’s important to investigate the brokerages you wish to use. That’s especially true if you intend to use them for an extended time. In other words, any brokerage that you don’t just try out, you should investigate thoroughly.
And while we always encourage our readers to inspect brokers by themselves, we also aim to aid them. As such, in this part of our traderminds.com review, we’ve decided to present our findings regarding the brokerage.
We’re content to say that the broker doesn’t show any signs of malicious or shady activities. Furthermore, it has numerous factors going for it that ensure us it’s a safe brokerage that operates with integrity.
One of the leading reasons is that it operates from the UK, which is a secure location. As you already likely know, it’s a strict location when financial service legislation is concerned. And since brokers fall under that umbrella, a scam broker would have no incentive to operate from there.
On top of that, the way the company behaves doesn’t give us any reason to doubt its legitimacy. It’s apparent that it wants to keep users fully informed and advises against irresponsible trading. Altogether, we’re confident that traderminds.com is one of the safer brokers to use if you’re an online broker.
Account Info at traderminds.com
Earlier, we discussed the importance of the broker’s accounts to the overall service. Here, we are prepared to go into more specifics regarding what different accounts get you. As usual with brokers, the accounts on Trader Minds serve to make sure the broker can satisfy customers with different budgets.
For budget users, the broker can’t unlock its full service since it would be financially unviable. However, the trading service does need to be competitive and filled with efficient and powerful conditions. While the emphasis isn’t on luxury, there’s still a need for a well-rounded experience.
For luxury users, things are a bit different. Since they contribute more to the broker’s earnings, it’s safe for the company to unlock some extra features for them. In other words, they can afford to expect more in the realm of luxury and comfort. Additionally, they can expect to see some extra trading conditions that make maintaining profits a bit easier.
Maintaining a balance between the two is challenging. However, as we said earlier in our traderminds.com review, the broker managed to do so. It has a ton of various conditions that help lower accounts feel competitive. For example, even the starter account has an option for a personal manager. However, the accounts that follow unlock powerful additional features, such as custom alerts and even a managed account feature.
That guarantees that no matter where you are budget-wise, the broker has something for you. Needless to say, that’s quite a strong advantage for the broker, as it pairs with the asset variety to cement the broker as open and accepting. In other words, you can freely shift trading styles and test things out while using the broker.
Here are some of the account options you can expect to find on traderminds.com:
Bronze
- Min. Deposit: $10,000
- Personal Account Manager
- Trading Platform Introduction
- Risk Management Strategies and Guidance
- Basic Market Education Sessions
Silver
- Min. Deposit $25,000
- Personal Account Manager
- Trading Platform Introduction
- Risk Management Strategies and Guidance
- Basic Market Education Sessions
- Personalised Trading Alerts
Gold
- Min. Deposit $50,000
- Personal Account Manager
- Trading Platform Introduction
- Risk Management Strategies and Guidance
- Basic Market Education Sessions
- Personalised Trading Alerts
- Risk Free Trades
- Practical Guided Trading Sessions
Premium
- Min. Deposit $100,000
- Personal Account Manager
- Trading Platform Introduction
- Risk Management Strategies and Guidance
- Basic Market Education Sessions
- Personalised Trading Alerts
- Risk Free Trades
- Practical Guided Trading Sessions
- Eligible for the Market Giants Managed Account Service
Platinum
- Min. Deposit $250,000
- Personal Account Manager
- Trading Platform Introduction
- Risk Management Strategies and Guidance
- Basic Market Education Sessions
- Personalised Trading Alerts
- Risk Free Trades
- Practical Guided Trading Sessions
- Eligible for the Market Giants Managed Account Service
- Higher Leverage
VIP
- Min. Deposit $500,000
- Become a Member of The Broker’s Elite VIP Trading Club to Enjoy Exceptional Returns on Your Investment!
- Enjoy unlimited access to the broker’s elite trading team in an exclusive Telegram group. The broker’s top trading professionals will post trades and trading strategies, including risk management strategies. Give yourself an advantage few traders have access to.
VIP+
- Min. Deposit $1,000,000
- Invest Today, Benefit Tomorrow!
- Managed Account holders see the best returns on their investment. Now the broker is offering you the opportunity to test out the Managed Account services for 30 days to experience this for yourself. If you’re looking for a great ROI, arrange a consultation with your personal Account Manager to try the Managed Account.
Trader Minds’ Trading Platform
In the next part of our Trader Minds review, we’ll check out its proprietary platform. Like most custom trading software, it takes desirable elements from standard trading solutions and improves on them. In this case, the broker uses features from platforms like MT4 and MT5 and makes them more accessible and streamlined.
A large part of that comes from the broker’s UI, which is much more modern and accessible than MetaTraders’. However, it didn’t lose any functionality, as it has retained its indicators and analytical features. It also offers useful features that help you apply the best risk management practices.
Of course, there’s also a news and signals tab inside the platform, which can help with your analyses and trend predictions. Overall, it’s a fantastic platform with numerous performance-oriented features that help your trading journey.
Conclusion
There’s not much to say to conclude our Trader Minds review that we haven’t said already. It’s a fantastic brokerage that has a varied service while remaining powerful throughout. The features are aimed at improving trading performance, and there isn’t anything that you could call excessive or useless.
We’re quite happy with what we’ve seen from the broker, as it’s clear that it’s a competent and well-run firm. We believe it’s entirely safe to place your trust and business with Trader Minds.
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Comments Rating
( reviews)
6 Comments
Efficient tools and effective trading suggestions.
Efficient tools and effective trading suggestions. I started to become profitable when I joined them.
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I am fully delighted with this broker’s services
I am fully delighted with this broker’s services. Signals are always profitable and services are always wonderful.
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I am always amazed by my trading results
Great people. I am always amazed by my trading results, signals are truly wonderful.
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I definitely continue trading with them
I am grateful for Tradersminds, they give me great opportunity to gain good profits. I definitely continue trading with them
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Choose Mbchains. They got really good deals and services to offer.
Exceptional broker services. I am impressed with broker signals and even services.