12 Trader
Rating

12 Trader

3.6/5

Websitehttps://www.12trader.com/
Live ChatYes
Telephone+442039361313
Account TypeMicro, Silver, Gold
RegulationsCySEC, VFSC
Min Deposit$500
Account Base CurrencyUSD, EUR, GBP
Max Leverage1:400
Trading PlatformsWeb
MarketsForex, Cfds, Indices, Stocks, Commodities, Cryptocurrency
Bonus OfferedNo bonus available
12 Trader
Rating

12 Trader

3.6/5

Overview

12 Trader states that they are one of the largest stock exchange listed Forex and CFD brokers in the world. 

With over 220,000 clients from around the world 12 Trader started operating in 2002. It has grown to be a popular broker for retail traders. 

They are a multi regulated forex broker with regulations in the UK under the FCA, CySEC in Cyprus, IFSC in belize and under the KNF in Poland. 12 Trader has offices in over 13 countries including Poland, UK, Germany, France and Chile.

Accounts

This broker offers a standard and professional account types. 

The standard account has fixed spreads as low as 0.3 pips and minimum lot size of 0.01 with no commissions. 

Pro accounts have variable spreads starting as low as 0.3 pips.  Islamic accounts are also available.

Minimum Deposit

$500

Maximum leverage

1:400

 

Features

Negative balance protection is offered by 12 Trader on every account type. There are over 1500 tradable instruments offered. 

12 Trader offers its award winning proprietary platform xStation 5 and metatrader 4 in select countries. 

The platform is available on desktop, mobile and web versions, which has superiors speeds and is easy to use. 12 Trader also has client money protection under the financial services compensation scheme of up to £85,000 per person in the event of the company going into insolvency.

Education

12 Trader has an extensive education section on their site starting from basic, intermediate, expert and premium education. 

Subsections of there education section include: Trading Academy, Live webinars, Help Center and Articles.

Deposits/Withdrawals

 Like many brokers 12 Trader offer these deposit methods: Credit/Debit Card, Skrill, Bank Wire Transfer, Paysafe, PayPal , Neteller and Other e-payments based on country. 

All deposit methods do not incur and fees though Paypal and paysafe will incur a 2% fee on deposits. 

Withdrawal fees are waived if the withdraw amount is above the currency threshold: 100usd, 80eur, 60gbp and 12000huf.

Customer service

Live chat is available 5 days a week 24 hours a day. Their customer support services are offered in over 18 different languages. They can also be reach via telephone and email.

 

12 Trader
Rating

12 Trader

3.6/5

Founded In 2002, 12 Trader Is Publicly-traded And Regulated In One Tier-1 Jurisdiction, Making It A Safe Broker (Low-risk) For Trading Forex And Cfds. ... 12 Trader Is Also A Viable Option For Cryptocurrency Trading. 12 Trader Provides Outstanding Customer Service And Won Our Award For #1 Phone Support.

Cryptocurrencies Trading Can Be Easier On The Xstation Mobile App. Get Access To 16 Instruments And 9 Individual Coins In A Few Seconds With The Push Of A Button.

Switching Between Accounts Is Quick And Easy, And You Won't Have To Re-enter Your Accounts Details. The Top-left Module Is The Market Watch Section, Where You'll Find A List Of Instruments Available To Trade On The Mt4 Platform In 12 Trader. ... With Mt4, You Can Choose From Forex, Commodities, Indices, Share Cfds And Etfs.

Founded In 2002, 12 Trader Is Publicly-traded And Regulated In One Tier-1 Jurisdiction, Making It A Safe Broker (Low-risk) For Trading Forex And Cfds.

12 Trader Is A Solid Choice For Traders That Want To Minimize Their Costs, Whether It Be The Inherent Cost Of Placing A Trade (Bid/ask Spread) Or Not Having To Be Burdened With Extraneous Costs, Such As Wire Fees. 12 Trader Offers Maximum Leverage Of Up To 500:1 For Non-u.k. Accounts While U.k. Accounts Get Up To 30:1 Leverage.