“At Tradu, we are real supporters of crypto. It’s a huge market with significant investor interest and as a true multi-asset trading platform, it’s important for us to offer our clients access to both traditional assets and new digital assets.”
Tradu has announced the launch of its crypto exchange, thus going beyond the initial rollout of a multi-asset trading platform in late 2023.
The FXCM-sister brand claims to offer low, transparent fees tailored for active traders and investors seeking a trustworthy and secure platform covering over 40 coins including Bitcoin and Ethereum.
Tradu’s fresh approach to crypto
Like FXCM, Tradu is part of Stratos Group International, LLC, a wholly-owned subsidiary of Jefferies Financial Group Inc., and is now taking a fresh approach to crypto:
- The platform displays commissions and real-time spreads before orders are placed, giving traders full transparency on all transaction costs.
- Tradu charges just 0.1% commission with instant rebates of 0.02% and 0.05% for larger trade sizes. The commission for a 1 BTC trade (at a price of $60,000) is just $30 at Tradu.
- Clients can also choose to trade on a commission-free profile opting to instead add the fee to the spread. Clients can click to change between the Zero Commission and the Raw Spreads profile options in the platform. Clients have the flexibility to choose the profile that best suits their trading style.
- Tradu maintains equal fees for maker and taker transactions, promoting fairness, simplicity and transparency in trading.
- Crypto deposits are free with Tradu while withdrawals are easy and fees are simple and clear.
- Access customer support through various channels, including email, chat, and phone, ensuring prompt assistance for user queries.
“It’s a huge market with significant investor interest”
Brendan Callan, CEO of Tradu, commented: “At Tradu, we are real supporters of crypto. It’s a huge market with significant investor interest and as a true multi-asset trading platform, it’s important for us to offer our clients access to both traditional assets and new digital assets. We are bringing institutional-grade pricing and infrastructure to the retail crypto market, providing traders with upfront costs and tight, transparent spreads enabling active traders and investors to maximise their returns. Tradu is focused on creating stable, secure and frictionless cryptocurrency trading through technology, delivering a better, safer and lower cost service. Clients can reach out to our support team for detailed instructions on how to transfer their crypto portfolio over to Tradu.”
In addition to cryptocurrencies, Tradu users can also access over 10,000 trading products across equities, forex and CFDs on commodities, stocks, treasuries and indices all from one powerful portal that can be accessed via a user-friendly mobile app and web platforms.
Tradu is headquartered in London and its team spread across the globe speaks more than two dozen languages. Stratos, its parent company, also operates FXCM, an FX and CFD platform founded in 2001. Stratos will continue to offer FXCM services alongside Tradu’s multi-asset platform. Stratos subsidiaries are authorized and regulated in the UK, Europe, Australia, and South Africa.
