12Trader Review 2024 - Is Legit or Scam | Forexing.com (2024)

12Trader General Information

Our 12Trader Review

12Trader is a CFDs and Forex broker, which was founded in 2013 in London. They provide financial trading solutions about cryptocurrency, CFDs, indices, Forex, commodities, and stocks. As our research, they offer various type of account, including swap free and demo account. Here our expert team reviews all aspects of their conditions, benefits, company, and future possibility. Let’s see the broker is fit for you or not.

Trust and regulation

Safe side trading LTD is owned and operated by this broker. The headquarter is located in the United Kingdom. The parent company office is located at Safe Side Trading LTD Office address Suite 305, Griffith Corporate Centre Kingstown 1510 Saint Vincent and the Grenadines.

In starting, they were offshore regulated brokers. Recently they decided to apply for the Cyprus Securities and Exchange Commission (CySEC) regulation.

More than eight years’ service helps them to gain traders’ and investors’ trust.

Trading Account types

12 Trader offers Micro, Silver, and Gold accounts. These three accounts are designed to provide various features, benefits, and transparent trading conditions for multiple products to the different markets, such as stock and currency.

Micro Account

The account is designed for new or novice traders looking to increase skill and knowledge and earn a minimum profit. The account opening minimum deposit is required a $500, which is the lowest amount than the other account. Traders are eligible to take maximum leverage of 1:200. It only offers web trader platform access.

Silver Account

The account is developed for intermediate traders who have little or some experience in trading. You need a minimum deposit of $10,000. It offers more benefits and features than the micro account. This account provides leverage up to 1:400. Both web trader and mobile trading platform access.

Gold Account

This account is geared towards, designed for entirely professional traders. You need a minimum deposit of $25,000 to open a gold account. It offers a numerous trading tools and advantages features. The account is unique for providing access to day and night market opportunities without any commissions or optional charges. It also offers web trader and mobile trading platform access.

The 12 Traders work as the no dealing desk (NDD) model, Islamic account, personal account manager, 10% stop out, 10000 minimum trade volume, and hedging.

An Education center is available for both Silver and Gold accounts which is not available for the Micro account.

Account advantages are:

• Free daily signals can be accessed directly.
• One-click trading and standard lots trading.
• Expert advisors (EA’s) trading.
• Technical market analysis and daily market updates.
• personal account manager and multiple languages

12 Trader Platform

The broker offers an excellent trading platform. They offer their own developed trading platform to provide the best trading experience and enjoy the benefits of the latest technology.

It is available in 3 languages, Arabic, English, and German. Traders are eligible to use 42 technical analysis tools, ten different timeframes, and four types of chart styles.

Advantages

• Single click trade execution.
• A unique graphical chart for technical analysis.
• The best level of concentration.

12 Trader Mobile Trading

Nowadays, mobile has become a part of our life. So, the mobile trading feature is the most important feature for investors. 12 Trader offers a high-quality mobile trading platform. It is available for both Android and iOS-based systems. The app provides similar benefits to other mobile trading apps.

12 Trader Terminal

It is similar to a web trader platform, but it is an application to download and install on pc. It is available for only Windows-based computers. It offers unique features and a customizable interface. It is preloaded with fifty various indicators and three types of charts.

Trading tools

12 Trader offers some trading tools that make trading enjoyable. With these tools’ traders can make a more successful trade.

Trading signal

An interesting feature that doesn’t offer most of the brokers. The option allows easy access signals on various financial assets provided by professional traders and market analyst experts.

Market analysis

12 Trader provides regular market analysis, which analyst and their experts create. The analysis mainly focused on the prediction for the next day’s trading and recent market moves. To make a successful trade, researching the market is essential. This free analysis update helps traders to decide “how he/she can start.”

Social trading

The broker provides the excellent opportunity to copy or follow other expert traders via copy trading or social trading service. Traders can check the trader (that they want to select) portfolio, including performance and history. Clients are eligible to create and grow relationships with expert traders through like, comments, and shares.

Account management

This tool is developed for those who don’t have enough time to manage trades and don’t have experience trading, and want to enjoy this feature. 12 Trader doesn’t make guaranteed profits and will not liable for any fund loss or damage.

Economic calendar

It is vital for traders to easily understand upcoming trade impact. A clear economic calendar is shown on 12 Trader’ websites. Actually, it is providing by investing.com. It offers data with implications such as low to high impact.

Deposit and Withdrawal

12 Trader accepts all significant payments that available worldwide and readily usable for clients. You can deposit and withdraw your funds via bank transfers, credit cards, master cards, debit cards, e-wallet options, PayPal, and Skrill.

As we have seen, the payment methods are faster, and some option offers instant deposit. But sometimes, it may take up to 7 days for a transaction. The fees, processing time, vary currency to currency and from country to country.

Client service

12 Trader provides special client service. Personal account managers provide most of the solutions for registered clients. They provide guides, instant solutions, and guide about direct trading signals. The trading support is available via office address: Covent Garden, London, WC2H 9JQ England. Also, the following supports are available:

• Phone number: + 44 20 39361313

And more info for specific support from the specialized team:

• [emailprotected]
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