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  • 21 Nov, 2024

Tradeven

Tradeven

Tradeven is a multi-asset, stock and crypto-focused broker utilizing advanced algorithms for enhanced trading conditions. It is a leader in the industry of cfd trading, servicing over 1,200,000 active traders. Tradeven allows trader to trade between Stock, Cryptocurrencies, Forex, CFD and Options, they also have a real estate investment/trading plan.

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Tradeven is a global forex and CFD broker, which is regulated by several authorities, including the top-tier FCA in the UK and ASIC in Australia. It charges low forex CFD fees. Deposit and withdrawal are fast and mostly free, and multiple options are available including bank cards and electronic wallets. Account opening is also fast and user-friendly. While Tradeven International has long been considered the gold standard among serious traders, the company has put significant effort into making its offerings more attractive to casual investors as well as novice and intermediate-level traders who want to improve their skills. Despite these efforts, the high account fees, educational content gaps, and absent life planning tools are still areas where our newly developed, retail-focused ratings model needs to see improvement.

Tradeven  also offer the following retirement account types:

  1. Traditional IRA (Individual Retirement Account)
  2. Roth IRA
  3. 401(k)
  4. 403(b)
  5. 457(b)
  6. SEP IRA (Simplified Employee Pension)
  7. SIMPLE IRA (Savings Incentive Match Plan for Employees)
  8. Solo 401(k)
  9. Thrift Savings Plan (TSP)
  10. Defined Benefit Plan (Pension)
  11. Health Savings Account (HSA) – can be used for retirement if funds are not used for medical expenses
  12. Roth 401(k)
  13. Profit Sharing Plan
  14. Cash Balance Plan
  15. Non-Qualified Deferred Compensation Plans (NQDC)

Each of these accounts has different rules regarding contributions, withdrawals, and tax implications.

Pros

  • Pro-level trading platform with fast, reliable order execution
  • Competitive pricing
  • Intuitive trading interfaces and advanced order types
  • Dynamic symbol sorting and scanning tools  
  • Powerful simulated trading environment
  • Robust strategy development and automation
  • Fastest withdrawal through crypto
  • No hack history since established
  • Easy to Navigate
  • Has 24/7 customer care
  • No withdrawal fee

Cons   

  • No mobile app
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  Visit Tradeven