Trade247, a Dubai-based broker established in 2025, offers commission-free trading on the MetaTrader 5 platform. The broker delivers regulated services, competitive spreads, and swift withdrawals, earning it a strong trust score of 85 out of 99.

Overview

Trade247, launched in 2025, has quickly established itself as a regulated, commission-free broker. Using MetaTrader 5 provides over 2,000 tradable instruments across forex, indices, crypto, stocks, and commodities. Traders benefit from tight spreads, fast withdrawals, and round-the-clock support despite its limited advanced tools.

Fees, Spreads, and Commissions

Trade247, regulated by the SCA (UAE) and 🇲🇺 FSC (Mauritius), provides a highly transparent, zero-commission pricing model. Forex spreads start from 0.2 pips, while commodities, indices, stocks, and crypto remain competitively priced. There are no deposit, withdrawal, or inactivity fees, and standard swap charges apply unless an Islamic account is used.

Minimum Deposit and Account Types

Trade247, regulated by the SCA (UAE) and 🇲🇺 FSC (Mauritius), offers four clearly defined accounts: Standard, Pro, Islamic, and Demo. Each caters to different trading styles, with differences in execution, spreads, and swap conditions. The demo account is unlimited, and all live accounts remain commission-free.

How to Open a Trade247 Account

Opening a Trade247 account is straightforward and can be completed online in a few simple steps. Whether you’re starting with a demo or upgrading to a live account, the process is quick and secure.
Step 1: Visit the Trade247 Registration Page

Navigate to the official Trade247 website and click on “Sign Up” to begin your application.

Step 2: Complete the Online Form

Enter your personal details, including your name, email, country of residence, phone number, and create a secure password.

Step 3: Confirm Your Email

Check your inbox for a verification email from Trade247 and click the activation link to access your client area.

Step 4: Submit KYC Documents

Upgrade to a live account and upload a valid government-issued ID and proof of residence to complete identity verification.

Step 5: Fund Your Account and Choose a Platform

Go to the “Money Management” section, select a deposit method (such as card, wire transfer, Skrill, or Neteller), fund your account (minimum deposit is $100), and choose your preferred trading platform (MetaTrader 5) to start trading.

This process can be completed in minutes for registration, although KYC verification times may vary.

Safety and Security

Trade247 maintains responsible regulatory coverage under the 🇦🇪 SCA (UAE) and 🇲🇺 FSC (Mauritius). The broker enforces client fund segregation and negative balance protection, demonstrating transparency and accountability despite not holding top-tier global licenses.

Trading Platforms

Trade247 focuses entirely on MetaTrader 5 (MT5), avoiding unnecessary complexity and extra tools. This choice delivers a stable, professional-grade platform trusted by global traders. While there are no proprietary add-ons, MT5’s speed, automation, and multi-asset access make it a complete trading solution for skilled users.

Markets available for Trade

Trade247 impresses with its extensive market coverage of over 2,000 instruments across Forex, stocks, indices, commodities, metals, energy, and crypto CFDs. This broad range supports both diversification and specialized trading, giving traders access to global opportunities from one powerful MetaTrader 5 platform.

Deposit and Withdrawal

Trade247 simplifies funding with instant, fee-free deposits and reliable global coverage. Offering Visa, Mastercard, and Bank Transfer options, the broker ensures quick and transparent transactions without hidden costs. While crypto and PayPal funding are missing, Trade247’s current setup delivers speed, accessibility, and efficiency.

Educational Material and Trading Tools

Trade247 currently offers limited educational resources, with no webinars, tutorials, or structured courses available. While the broker plans to introduce a blog and host webinars in the future, its current setup primarily serves experienced traders who are already confident using MetaTrader 5.

Customer Support

Trade247 delivers responsive customer support with real-time service available 24/7 through live chat, WhatsApp, phone, and email. The absence of bots or ticket systems ensures genuine human interaction. Although limited to English and Arabic, the service remains efficient, professional, and globally accessible.