Score
Turkey
|
5-10 years
| https://www.trademaster.com.tr
Website
Rating Index
MT4/5
Full License
TradeMasterFX-Prod
Influence
C
Influence index NO.1
Turkey 5.75
MT4/5 Identification
Full License
TurkeyInfluence
C
Influence index NO.1
Turkey 5.75
LicensesNo valid regulatory information, please be aware of the risk!
Turkey
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
WikiResearch trademaster.com.tr Turkey| TradeMaster Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Turkey |
| Regulation | No regulation |
| Market Instruments | Forex, Futures, Indices, Energies, Metals, Commodities, Stocks |
| Demo Account | ❌ |
| Leverage | / |
| EUR/USD Spread | From 2.1 pips |
| Trading Platform | TradeView, TradeMaster APP |
| Minimum Deposit | $50 |
| Customer Support | Phone: 2123502424 |
| Email: trademaster@isyatirim.com.tr | |
| Contact form | |
TradeMaster is a broker founded in Turkey 2015, offering kinds of trading instruments like Forex, Futures, Indices, Energies, Metals, Commodities and Stocks. The minimum deposit is $50, and spread is from 2.1 pips.
| Pros | Cons |
| Various trading products | No regulation |
| Low minimum deposit of $50 | No demo account |
| No MT4 or MT5 | |
| Lack of information on trading details |
No. TradeMaster has no regulations currently. Please be aware of the risk!
TradeMaster offers trading instruments on Forex, Futures, Indices, Energies, Metals, Commodities and Stocks.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Futures | ✔ |
| Stocks | ✔ |
| Energies | ✔ |
| Commodities | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
| ETFs | ❌ |
Now there is no account information about TradeMaster.
Now there is no leverage information about TradeMaster.
TradeMaster offers target spreads for various currency pairs and metals that vary based on the asset. The spreads is from 2.1 pips and commission is from $0.95.
| Spreads | Commission | |
| US Stocks | / | $ 0.95 |
| Forex (EUR/USD) | 2.1 pips | / |
TradeMaster offers TradeMaster APP and TradeView platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| TradeMaster | ✔ | Mobile | / |
| TradeView | ✔ | Mobile, PC | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Now there is no funding information on TradeMaster's website.
I’d like to understand the fees that come with using TradeMaster. The spread on EUR/USD starts at 2.1 pips, and for US stocks, there’s a commission of $0.95. This seems reasonable to me, but I’d want to confirm there aren’t any hidden fees before getting started.
I noticed that the minimum deposit for TradeMaster FX is just $50, which is very low. As someone new to trading, this is appealing because I can start with a small amount and get a feel for the platform before committing more funds.
I found that TradeMaster charges a commission of $0.95 for US stocks, which seems reasonable to me compared to other platforms. However, I still need to check whether any other assets, such as forex pairs, incur commissions.
As a trader, I’m interested in the spread for forex, and I learned that TradeMaster offers a spread starting from 2.1 pips for EUR/USD. For me, this spread is a bit on the higher side, so I’ll need to consider how it might affect my overall costs when trading.
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