Company Profile
| Tradovate Review Summary | |
| Founded | 2014 |
| Registered Country/Region | United States |
| Regulation | NFA (Suspicious Clone) |
| Trading Products | Futures, options |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | Tradovate platform |
| Minimum Deposit | $0 |
| Customer Support | 24/5 support, live chat, contact form |
| Tel: +1 (844) 283-3100; +1 (312) 283-3100 | |
| Email: support@tradovate.com | |
| Facebook, X, YouTube, LinkedIn, Twitter | |
Tradovate Information
Tradovate was registered in the US in 2014, offering trading on futures and options on Tradovate platform with no minimum deposit requirement. It provides various contact channels for customer support, but now it holds a suspicious clone NFA license, which means potential risks cannot be ignored.
Pros and Cons
| Pros | Cons |
| Demo accounts offered | Suspicious clone NFA license |
| Various contact channels | Limited trading products |
| Live chat support | Commission fees charged |
| No minimum deposit | Lack of deposit and withdrawal details |
Is Tradovate Legit?
| Regulator | Current Status | Regulated Country | Regulated Entity | License Type | License No. |
| National Futures Association (NFA) | Suspicious Clone | United States | Tradovate Holdings, LLC | Common Financial Service License | 0485810 |
What Can I Trade on Tradovate?
Tradovate offers trading on futures and options.
| Tradable Instruments | Supported |
| Futures | ✔ |
| Options | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptos | ❌ |
| Bonds | ❌ |
| ETFs | ❌ |
Account Type
Tradovate offers Free accounts, Monthly accounts and Lifetime accounts with no minimum deposit. Besides, it also offers demo accounts.
Tradovate Fees
| Account Type | Micro Commission | Standard Commission | Monthly Fees |
| Free | $0.35 | $1.29 | $0 |
| Monthly | $0.25 | $0.99 | $99 per month |
| Lifetime | $0.09 | $0.59 | $1,499 one-time payment or 4 installments of $499 |
Trading Platform
| Trading Platform | Supported | Available Devices |
| Tradovate | ✔ | Desktop, mobile |
Deposit and Withdrawal
Tradovate accepts payments via debit cards, ACH and wire transfer. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.
FX4070532314
Mexico
Do not invest money in this platform. In my case, it was stolen with $ 1000 that I sent and they sent me some images of the operations, causing me lost my money and everything.
Exposure
Nico Nava
Argentina
I tried to withdraw my funds twice and they wouldn't let me do it without reason. They even charged me for the conversion from dollars to euros but they did not withdraw anything. The support service is terrible and does not solve anything. It is not terrible service, it is a scam right away.
Exposure
w_hq
Australia
I have used this broker for a while just like 30 minutes ago, their site went blank for some reasons. My trade got closed and my account balance became zero!
Positive
.AA
Taiwan, China
All kinds of messy fees are too much, the transaction cost is too high, the money is almost deducted, and there is no money at all. I was really blind at the beginning, I believed their nonsense and put the money with them, which caused me to lose so much money.
Neutral