TRADESPARKLE REVIEW

Comments Rating 4.4 (64 reviews)

GENERAL INFORMATION

Broker Name:

Tradesparkle

Broker Type:

Forex & CFDs

Country:

UK

Operating since year:

/

Regulation:

/

Address:

Suite, 93, 101 Greenfield Rd, London E1 1EJ

Broker status:

Active

CUSTOMER SERVICE

Phone:

/

Languages:

English

Availability:

24/5

TRADING

Trading platforms:

Proprietary

Trading platform Time zone:

/

Demo account:

No

Mobile trading:

No

Web-based trading:

Yes

Bonuses:

No

Other trading instruments:

Yes

ACCOUNT

Minimum deposit ($):

$250

Maximal leverage:

1:400

Spread:

Floating From 1 Pip

Scalping allowed:

Yes

Broker Review: Tradesparkle

Tradesparkle

General Information & First Impressions

Tradesparkle is a CFDs broker, offering traders an opportunity to benefit from various asset classes. The company’s primary focus seems to be on forex, but other categories, such as crypto and indices, are also present. As such, the brokerage is able to accept and satisfy a wide variety of traders with different preferences. Our Tradesparkle review will inspect it and see how it measures up against the competition.

And one thing that may bog down the broker in some eyes is its very nature in dealing with CFDs. There are many falsities floating around the internet regarding CFD trading. Admittedly, some scams do mask themselves as CFD brokers, but that doesn’t mean all CFD brokers are scams. In actuality, the situation is far from it.

To the average online trader, CFDs are way more beneficial than standard trading. They open up a broker’s asset selection, allow lower costs, and avoid liquidity issues. The only downside is the lack of underlying asset ownership. However, if you’re just trading to make a profit, that has no functional difference at all.

Tradesparkle realizes that and uses CFDs accordingly to bring the greatest possible benefit to its users. That positions the broker well from the get-go, as it lets it incorporate some features other non-CFD brokers may lack.

The initial impression matches the broker’s overall quality. The website is direct and informative, letting users form an opinion rather quickly. It doesn’t waste your time by providing pages and pages of filler content. We should also note the site runs well, creating an overall positive impression.

Even though we aren’t deep in our tradesparkle.com review, the broker has already convinced us it’s capable. We’re looking forward to presenting the rest of what’s in store.

Fund and Account Security

Tradesparkle

Security issues and online businesses go hand in hand, especially when it comes to finance. There are massive amounts of money going in and out, which makes it appealing to scammers. That’s why you need to make sure any business you intend to use is safe before actually handing in any information.

Scam brokerages can harm you in more than one way. Mostly, they’re just after your money, and even that’s harmful enough. However, if they’re especially devious, they can also go after the personal information you turn in. In the most dire cases, that can lead to identity theft and other extremely damaging data abuse.

And as we said earlier in our Tradesparkle review, a lot of scams choose to pose as CFD brokers. That means they’re an especially dangerous area that requires thorough investigation.

We’ve done that investigation for Tradesparkle and are ready to report the results. Luckily, we’re glad to announce that the broker doesn’t show any scam red flags.

First off, going by its behavior towards customers, we can see that Tradesparkle is a well-intentioned broker. The tone and methods of communication are dissimilar to scams and a guarantee the broker’s integrity. It’s devoted to protecting users from external threats and shows no warning signs of harming them itself.

And another significant point is that it operates from a major financial hub,  its offices being in London, UK. That means it’s under the watchful eye of some of the world’s leading regulators, eliminating any chance of the company misbehaving. If it did try anything malicious toward users, it would quickly get hefty fines, which would make the fraudulent behavior useless. Altogether, we firmly believe there’s no chance of the broker harming its users or allowing hackers to breach their data.

Account Info at tradesparkle.com

The account structure that the broker has is fairly straightforward but still massively beneficial to customers. As we mentioned earlier in our Tradesparkle review, the broker strives to be able to accept different kinds of traders. That means it needed to find a way to bridge the gap between users on a budget and luxury users. The two groups usually have different preferences, as well as trading styles and tendencies.

Budget users are usually content with the bare minimum, considering anything extra as a bonus. However, luxury users expect a bit extra when it comes to the conditions they receive. They perceive their larger deposits as a display of loyalty and expect something in return. No matter which group you belong to, tradesparkle.com has you covered.

For budget users, the base account has all the broker’s core functions unlocked. The broker doesn’t treat low-cost users as a burden, instead offering them a complete experience. That means you’ll be able to access the broker’s asset service and have full platform functionality. Furthermore, Tradesparkle also provides a few risk-free trades, skewing the odds in your favor.

As you progress through the different accounts, you’ll move towards more luxury features. As we said earlier in our tradesparkle.com review, the broker is happy to provide high-end features to its customers. Some are in the realm of assistance, while others impact trading more directly. Nonetheless, the experience improves as you go up, becoming more comfortable and profitable.

Here’s what you can expect from the broker’s accounts:

Tradesparkle

Bronze

  • Min. Deposit: $250
  • Personal Account Manager
  • Basic Market Education Sessions
  • Personalised Trading Alerts
  • Risk Free Trades

Silver

  • Min. Deposit: $25,000
  • Personal Account Manager
  • Basic Market Education Sessions
  • Personalised Trading Alerts
  • Risk Free Trades
  • Practical Guided Trading Sessions

Gold

  • Personal Account Manager
  • Basic Market Education Sessions
  • Personalised Trading Alerts
  • Risk Free Trades
  • Practical Guided Trading Sessions
  • Higher Leverage

Platinum

  • Min. Deposit: $100,000
  • Personal Account Manager
  • Exclusive access to our VIP Trading Signals Telegram Channel
  • Risk Management Strategies and Guidance
  • Basic Market Education Sessions
  • Personalized Trading Alerts
  • Risk Free Trades
  • Practical Guided Trading Sessions
  • Higher Leverage
  • Immediate & No fee Withdrawals
  • Independent Contract
  • Premium Platform Support

Tradesparkle’s Trading Platform

Tradesparkle

Tradesparkle has a sophisticated platform that overshadows most broker-made software. The broker constructed the program with a user-first philosophy, focusing on usability and potency. As such, the platform is fairly comfortable to use, eliminating any frustration in that regard. Most platforms are clunky and unwieldy, causing you additional stress during trading sessions, and tradesparkle.com eliminates that.

The software is complex and allows you to carry out market analysis via numerous visual indicators. They can help you identify trends and set a course for your future trades. Additionally, you can use the stop loss and take win features to automate your platform in regards to what it’ll do while you’re away.

Conclusion

Tradesparkle is one of the best brokers to consider in its current state. It’s still developing, so the great thing is that it’ll improve even further. But even as-is, it outperforms most trading service providers, with excellent service and great versatility.

As you can see from our Tradesparkle review, we found the broker fantastic. If you’re looking to change brokerages or start trading, visit tradesparkle.com.

COMMENTS

64 Comments

  1. Tradesparkle review, Tradesparkle Review Amy Sherriff 13.06.2024
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Comments Rating 4.4 (64 reviews)