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CWG Overview

Traze, regulated by the Financial Services Authority (FSA), is a globally recognized and trusted broker. Traze offers competitive spreads, lightning-fast execution, and multi-platform trading solutions including MT4 and its proprietary Traze Trader app.

It is licensed by an international authority and has built a secure, innovative trading environment designed for both beginners and professionals.

🛡️ Regulated and trusted by the FSA (Financial Services Authority)
🛡️ Supports trading in Forex, Crypto, Stocks, Commodities, Indices & Metals
🛡️ Fully accessible to South African Traders 🇿🇦

Overall Rating

Min Deposit

USD 50

Regulators

FSA, FSP, FCA, 

Trading Platform

MT4, Traze Mobile App, MAM services

Crypto

Yes

Total Pairs

60+

Islamic Account

Not Specified

Trading Fees

No

Account Activation

24 Hours

Traze Spider Chart

Advantages Over Competitors

Traze stands out in the global trading landscape by combining cutting-edge technology, deep market access, and client-focused features that go far beyond what typical brokers offer. Here’s a breakdown of the core advantages that give Traze a competitive edge in today’s saturated brokerage industry:

1. Wide Range of Tradable Instruments

Unlike many brokers who focus solely on forex or stocks, Traze offers access to over 120 financial instruments, spanning Forex, Cryptocurrencies, Commodities, Indices, Stocks, and Metals. This diverse range enables traders to seamlessly diversify their strategies and mitigate risk — all from a single platform.

2. Ultra-Fast Execution Speed

Speed is a core differentiator for Traze. The platform boasts lightning-fast order execution under one millisecond, ensuring trades are executed with minimal slippage — a critical feature for scalpers, day traders, and institutional-style strategies.

3. High Leverage Options

Traze empowers traders with leverage up to 1:2000, one of the highest in the industry. This allows for greater exposure in the markets with lower capital requirements — ideal for experienced traders seeking more aggressive growth opportunities.

4. Competitive Spreads for All Trader Types

Traze offers tight spreads across its account types. The Standard Account starts from just 1.3 pips and requires only a $50 minimum deposit. For seasoned traders, the ECN Account delivers spreads as low as 0.2 pips, giving professionals institutional-grade pricing (commission applies).

5. Dual Platform Advantage – MT4 + Traze Trader App

Traze supports the industry-standard MetaTrader 4 (MT4) across all devices, providing deep technical analysis, automation, and charting features. In addition, the proprietary Traze Trader mobile app delivers real-time market data, instant order execution, watchlists, and alerts — allowing full control from anywhere in the world.

6. Built-In Copy Trading for Passive Growth

For traders who want to mirror top performers, Traze’s Copy Trading Platform offers a hands-free way to invest. Users can choose from successful strategy providers, customize risk settings, and replicate their trades in real-time — making it ideal for beginners or those with limited time.

7. Z Academy – Learn While You Trade

Education is a priority at Traze. Through Z Academy, users gain access to free, professional-grade learning materials and trading guides. This initiative reflects Traze’s commitment to equipping traders with the knowledge to grow confidently in complex markets.

8. FSA Regulation & Transparent Operations

Traze is licensed and regulated by the Financial Services Authority (FSA), ensuring compliance with global regulatory standards. This regulatory oversight offers peace of mind, particularly in an industry where trust is often a challenge.

9. 24/5 Multilingual Support

With clients across continents, Traze offers multilingual customer support available 24/5, ensuring that traders receive prompt assistance throughout the trading week, regardless of their location or language.

Traze At A Glance

Company Information Details
Headquarters Location
Mahe, Seychelles
Global Offices
Traze operates globally, offering services to clients worldwide
Licensing Body
Services Authority (FSA) of Seychelles under license number SD027
Group Companies
Operated by Zeal Capital Market (Seychelles) Limited
Operational Languages
Multilingual support available

Regulation and Security

Regulation
Financial Services Authority (FSA) of Seychelles
Compliance Standards
Adheres to international regulatory standards
AML & KYC Policy
Traze implements a risk-based approach to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT), conducting Customer Due Diligence (CDD) as per regulatory requirements
Security of Trading Platform
Advanced cybersecurity measures
Investor Compensation Fund
Not specified
Cybersecurity Measures
Encryption and firewalls

Account Types and Features

Standard Account
Yes
Standard Account
Yes
Islamic Account
Not Specified
Demo Account
Yes
Advanced Account
Not Specified
Minimum Deposit
$50
Copy Trading Support
Yes
Social Trading Features
Not specified
Managed Accounts
Not specified

Trading Conditions

Average Spreads
0.2 pips on ECN accounts (commissions may apply)
Commissions per Trade
Applicable on ECN accounts
Leverage Range
Up to 1:2000
Execution Speed
1 millisecond
Order Execution Type
Market execution
Slippage Policy
Not Specified
Margin Requirements
Not Specified
Stop-Loss and Take-Profit Orders
Supported
Trailing Stops
Supported
Pending Orders
Supported
Partial Fills
Supported
Dividend Adjustments
Applicable
Overnight Swap Fees
Applicable
Rollover Policy
Supported
Guaranteed Stop Loss
Not available​

Trading Instruments

Forex Currency Pairs
35+ pairs
Precious Metals (Gold/Silver)
Yes
Indices
Yes
Commodities
Yes
Energies (Oil/Natural Gas)
Yes
Cryptocurrencies
Yes
Stocks
Yes
ETFs
Not specified
Bonds
Not specified
Futures Contracts
Not Specified
Options Contracts
Not specified
CFDs (Contracts for Difference)
Yes
Swap on Trading Board
Not Specified
Leveraged Instruments
Yes
Micro-Lot Trading
Not Specified
Spread Betting
Not available
Currency Baskets
Not specified​

Deposits and Withdrawals

Deposit Methods
Bank transfer, credit/debit cards, e-wallets, cryptocurrencies
Withdrawal Methods
Same as deposit methods
Processing Time for Deposits
2 days
Processing Time for Withdrawals
24 hours
Deposit Fees
Not Specified
Withdrawal Fees
Not Specified
Minimum Deposit Amount
The deposit amount for each time must be at least US$15
Minimum Withdrawal Amount
The minimum amount you can withdraw is US$15; however, this depends on the withdrawal method used
Maximum Withdrawal Limit
Not specified
Crypto Deposits & Withdrawals
Not Specified
Bank Wire Transfers
Supported
Credit/Debit Cards
Supported
E-Wallets (Skrill, Neteller, etc.)
Not Specified
Local Payment Methods
Not specified

Trading Platforms and Tools

MetaTrader 4 (MT4)
Yes
MetaTrader 5 (MT5)
Not Available
Proprietary Platform
Not Available
Mobile Trading App
Yes (iOS & Android)
Web-Based Platform
Yes
Trading Bots
Not Specified
VPS Services
Not Specified
API Connectivity
Not Specified
Charting Tools
Yes; MT4 provides advanced charting tools
Custom Indicators
Yes; MT4 supports custom indicators
Market Sentiment Analysis
Not Specified
Trading Signals
Yes; Traze offers premium trading signals, accessible with a minimum deposit of $200
Advanced Order Types
Not Specified
Risk Management Tools
Not Specified
Economic Calendar
Yes
Market News Feed
Yes

Customer Support

Support Channels
Live Chat, Email, Phone
Live Chat Availability
Yes
Email Support
Yes
Phone Support
Yes
Multilingual Support
Yes
Help Center/FAQ
Yes
Dedicated Account Manager
Not Specified
Response Time (Live Chat)
Not Specified
Response Time (Email)
Not Specified
Open Account

Who Will Benefit from Trading with Traze?

Traze is designed to cater to a diverse range of traders, from aspiring beginners to experienced professionals seeking institutional-grade services. Here’s a breakdown of who stands to benefit the most from trading with Traze:

New Traders Looking for Guided Learning

Traze offers a dedicated Learn section that includes articles, platform tutorials, and strategy insights—perfect for those just starting their trading journey. New traders benefit from:

  • Step-by-step guides on using MetaTrader 4

  • Educational content tailored for practical trading application

  • Access to customer support for hands-on assistance

Intermediate Traders Seeking Better Trading Conditions

For traders who already understand the basics and are looking to upgrade their experience, Traze offers:

  • Competitive spreads and flexible leverage

  • Access to premium trading signals with a $200 deposit

  • A powerful MT4 platform available on desktop, mobile, and tablet

Advanced Traders and Professionals

Experienced traders benefit from the full suite of MT4 tools, including custom indicators, automated trading via Expert Advisors (EAs), and market news integration. With high deposit limits and no publicly stated withdrawal cap, Traze supports:

  • High-volume traders

  • Algorithmic and bot traders

  • Technical traders relying on advanced charting and order types

Traders Who Prioritize Fast Funding and Withdrawals

With withdrawals processed within 24 hours and support for multiple payment channels including bank wire transfers, Traze appeals to traders who demand fast and efficient money management.

Signal-Followers and Copy Traders

Users who prefer signal-based or semi-passive strategies can leverage Traze’s Signal Center, which provides curated trade ideas and alerts—especially useful for part-time traders.

Multi-Device Traders

With its fully optimized MT4 platform available across Windows, Mac, iOS, and Android, Traze is ideal for those who need consistent access on the go.

Safety and Security

Traze emphasizes the protection of client funds and personal data through a combination of regulatory compliance, cybersecurity practices, and internal controls.

Regulatory Oversight

  • Licensed by the FSA: Traze is regulated by the Financial Services Authority (FSA), ensuring adherence to financial standards and operational transparency.

Cybersecurity Measures

  • Top-Tier Security Practices: Traze implements advanced security protocols to safeguard client information and trading activities. 

  • Client Recommendations: Traze advises clients to:

    • Use unique passwords for their accounts.

    • Ensure they are accessing the official Traze website and communications.

    • Secure their email and phone, as these are used for account verification.

    • Report any suspicious activity immediately.

Anti-Money Laundering (AML) Compliance

  • Comprehensive AML Policy: Traze has established an Anti-Money Laundering policy to prevent illicit financial activities, including:

    • Customer Due Diligence (CDD) procedures.

    • Ongoing monitoring of transactions.

    • Employee training on AML practices.

    • Reporting of suspicious transactions to relevant authorities. 

Data Privacy and Protection

  • Privacy Policy Adherence: Traze complies with data protection regulations such as the Data Protection Act 2018 and the Protection of Personal Information Act (POPIA) in South Africa.

  • Data Handling Practices: Personal information is stored securely, with access limited to authorized personnel. Traze does not store credit/debit card data and takes steps to protect data during international transfers.

Awards & Recognition

Overall Rating

Min Deposit

USD 50

Regulators

FSA, FSP, FCA, 

Trading Platform

MT4, Traze Mobile App, MAM services

Crypto

Yes

Total Pairs

60+

Islamic Account

Not Specified

Trading Fees

No

Account Activation

24 Hours

SCA First Category License – UAE (2025)

In April 2025, Traze secured the prestigious First Category License from the UAE’s Securities and Commodities Authority (SCA). This license authorizes Traze to offer a comprehensive range of financial services, including brokerage, portfolio management, and advisory services, solidifying its position as a trusted partner for both retail and institutional investors in the UAE and the broader MENA region.

Business Excellence Award 2025

Traze was honored with the Business Excellence Award 2025, recognizing its commitment to innovation and excellence in the trading industry. This accolade highlights Traze’s efforts in building a transparent and client-centric trading ecosystem.

Award-Winning Trading Platform

Traze offers the MetaTrader 4 (MT4) platform, which is widely recognized as a multi-award-winning trading solution. MT4 is renowned for its advanced charting tools, customizable interface, and support for automated trading strategies, making it a preferred choice for traders worldwide.

Offers & Promotions

1. Partnership Program – Earn Up to 46% Commission

Traze offers a tiered partnership program for individuals and businesses interested in referring clients to the platform. Partners can earn commissions ranging from 20% to 46% based on their referral activity and the trading volume of their referred clients. The program includes multiple partnership levels, with higher commissions available as partners refer more clients and generate higher trading volumes.

2. Referral Program – Earn Up to 20% of Trading Fees

Traze provides a referral program where existing clients can earn up to 20% of the trading commissions or spreads from the clients they refer. The earnings accumulate in a Bonus Pool, and to convert the bonus into a withdrawable balance, the referring client must trade 1 standard lot to convert US$10. 

3. Deposit Bonuses and Incentives

Traze occasionally offers deposit bonuses and other incentives to clients. These promotions are subject to specific terms and conditions, including eligibility criteria and time frames. Clients who have not deposited any funds are not eligible for bonuses or other similar incentives. The availability and terms of these promotions can change without prior notice.

Affiliate Program at Traze

Partnership Program – Earn Up to 46% Commission

Traze offers a tiered partnership program for individuals and businesses interested in referring clients to the platform. Partners can earn commissions ranging from 20% to 46% based on their referral activity and the trading volume of their referred clients. The program includes multiple partnership levels, with higher commissions available as partners refer more clients and generate higher trading volumes. ​

Referral Program – Earn Up to 20% of Trading Fees

Traze provides a referral program where existing clients can earn up to 20% of the trading commissions or spreads from the clients they refer. The earnings accumulate in a Bonus Pool, and to convert the bonus into a withdrawable balance, the referring client must trade 1 standard lot to convert US$10. ​

Regional Promotions – Refer-a-Friend Program (SSA Region)

For clients in the Sub-Saharan Africa (SSA) region, Traze offers a Refer-a-Friend program. Eligible participants can refer friends or acquaintances to Traze and earn rewards. To qualify, the referred friend must use the provided referral link when registering, make their first deposit, and achieve a minimum trading volume of 2 lots (excluding stock trades and orders open for less than 2 minutes)

Traze Minimum Deposit Requirements

STP (Standard) Trading Account

  • Minimum Deposit: $50

  • Maximum Leverage: Up to 1:2000

  • Minimum FX Spread: 1.3 pips

  • Stop-Out Level: 30%

  • Trading Platform: MetaTrader 4 (MT4)

  • Base Currency: USD​

ECN Trading Account

  • Minimum Deposit: $200

  • Maximum Leverage: Up to 1:2000

  • Minimum FX Spread: From 0.2 pips (commissions may apply)

  • Stop-Out Level: 50%

  • Trading Platform: MetaTrader 4 (MT4)

  • Base Currency: USD​

Payment Method Minimums

  • Credit/Debit Cards (VISA/Mastercard): Minimum deposit of $200

  • E-wallets (Skrill, Neteller, Perfect Money): Minimum deposit of $15

  • International Bank Transfer: Minimum deposit of $1,000​

Please note that the availability of payment methods and their respective minimum deposit amounts may vary depending on your location.

Traze Account Types & Features

STP (Standard) Trading Account

  • Minimum Deposit: $50

  • Maximum Leverage: Up to 1:2000

  • Minimum FX Spread: 1.3 pips

  • Stop-Out Level: 30%

  • Trading Platform: MetaTrader 4 (MT4)

  • Base Currency: USD

  • Commission: None

  • Swap-Free Option: Available

  • Suitable For: Traders seeking straightforward trading conditions without commissions.​

ECN Trading Account

  • Minimum Deposit: $200

  • Maximum Leverage: Up to 1:2000

  • Minimum FX Spread: From 0.2 pips (commissions may apply)

  • Stop-Out Level: 50%

  • Trading Platform: MetaTrader 4 (MT4)

  • Base Currency: USD

  • Commission: Applicable (typically lower spreads with commission)

  • Swap-Free Option: Available

  • Suitable For: Experienced traders looking for tighter spreads and direct market access.​

Please note that the availability of certain features, such as swap-free options, may depend on your location and account settings.

Basic Order Types

Traze, via the MetaTrader 4 platform, offers all the essential order types necessary for modern, flexible, and precise trading execution. These include:

1. Market Order

  • Definition: An instruction to buy or sell a financial instrument immediately at the current market price.

  • Use Case: Ideal for traders who want instant entry or exit at the prevailing market rate.

  • Availability on Traze: Supported

2. Pending Orders

These are instructions to buy or sell an asset at a later time when the price reaches a specific level. Traze supports the four main types:

a. Buy Limit

  • Placed Below Current Market Price

  • Executes when the price drops to a certain level and then is expected to rise.

b. Sell Limit

  • Placed Above Current Market Price

  • Executes when the price rises to a specific level and is expected to fall thereafter.

c. Buy Stop

  • Placed Above Current Market Price

  • Executes when the price continues to rise, entering into a bullish trend.

d. Sell Stop

  • Placed Below Current Market Price

  • Executes when the price continues to fall, signaling a bearish trend.

3. Stop Loss (SL)

  • Purpose: Minimizes potential loss by automatically closing a position at a specified price level.

  • Risk Management Tool: Essential for disciplined trading.

  • Availability on Traze: Supported

4. Take Profit (TP)

  • Purpose: Automatically closes a trade once the price hits a target profit level.

  • Profit Automation: Locks in gains without manual intervention.

  • Availability on Traze: Supported

5. Trailing Stop

  • Dynamic Stop Loss: Moves with the market in favor of your trade, helping protect profits.

  • Best For: Trending markets with potential reversals.

  • Availability on Traze: Supported via MT4

6. Partial Fills

  • Definition: Allows a portion of a large order to be executed if full liquidity is not available.

  • Execution Flexibility: Useful in volatile or low-liquidity markets.

Availability on Traze: Supported

How to Open a Traze Account: Step-by-Step Guide

Follow these official steps to register for Traze, complete KYC, fund your account, and access the MT4 platform​.

Step 1: Register Your Traze Account

  • Click “Open Account” on Traze.com. On the Traze homepage, select Open an account (usually at the top of the page) to begin registration.

  • Fill in your details. Enter your full name, phone number, email address (you will verify this), and choose a secure password​. Submit the form to create your profile.

  • Select an account type. After signup you’ll be prompted to choose a trading account type​. Traze typically offers a Standard (STP) account (no commission, spreads from ~1.3 pips) or an ECN account (lower spreads from ~0.2 pips, with commission)​. Pick the option that suits you.

  • Log in to MyTraze (client area). Once registered and your account type is set, you’ll be taken to the MyTraze dashboard (Traze’s client portal)​. This is where you will manage verification, deposits, and trading accounts.

Step 2: Verify Your Identity (KYC)

  • Go to Document Verification. In the MyTraze portal, open Personal Information → Document Verification​.

  • Upload ID and address proof. Provide a valid photo ID (passport, national ID, or driver’s license) and a proof of residence (e.g. a utility bill or bank statement dated within the last 6 months)​. Traze requires both documents to complete KYC​.

  • Ensure documents meet requirements. Make sure the documents are clear, unexpired, and show the required details. Traze’s team will review them (usually within ~24 business hours).

Step 3: Verify Your Bank Account

  • Go to Payment Verification. In MyTraze, navigate to Personal Information → Payment Verification​.

  • Submit bank details. Enter your bank account information in the form and upload a recent bank statement (no older than 6 months) as proof​. This confirms the source of your funds.

  • Match documents if needed. If you used a bank statement for your address proof in Step 2, use the same bank account for payment verification​. Traze requires both identity and bank proof for full verification.

Step 4: Fund Your Trading Account

  • Click “Deposit” in MyTraze. On your MyTraze dashboard, click the Deposit button​. This opens the deposit workflow.

  • Choose a deposit method and account. You will see available funding options (bank transfer, VISA/Mastercard, e-wallets like Neteller/Skrill, etc.)​. Select your preferred method, then pick which trading account to fund and enter the deposit amount​.

  • Adhere to deposit limits. Each deposit must be at least US$15​. For your first deposit, you must meet the minimum for your account type (for example, a Standard account requires at least $50 on first funding). Traze cannot accept third-party deposits – funds must come from a bank or payment account in your name​.

  • Complete the payment. Follow the on-screen instructions (you may be redirected to your bank or payment processor). Once the payment is processed, the funds will appear in your trading account (processing times vary by method).

Step 5: Install and Login to MT4

  • Download MetaTrader 4. Traze provides the MT4 platform. On Windows, click the MT4 for Windows download link (found under Platforms on Traze’s site). Run the installer after download​. (For Mac or mobile, use the respective Traze MT4 or Traze app downloads.)

  • Launch and login. Open the installed MT4 program. The login window will appear​. Enter your Traze account credentials (the account number and password you set or received) and select the correct server if needed. Then click “OK” to connect​.

  • Begin trading. Once logged in, your live (or demo) account will appear in MT4. You can now start trading using the Traze MT4 platform.

Each step above follows Traze’s official onboarding process​. If you encounter any issues, contact Traze support (support@traze.com) for assistance.

Traze Trading Platforms

MetaTrader 4 (MT4)

  • Platform Type: Third-party trading platform

  • Availability: Desktop (Windows), Web, Mobile (iOS & Android)

  • Features:

    • Advanced charting tools

    • Custom indicators

    • Support for Expert Advisors (EAs)

    • Real-time market execution

    • Secure and stable trading environment​

Mobile Trading App

  • Platform Type: Mobile application

  • Availability: iOS & Android

  • Features:

    • Access to trading accounts on the go

    • Real-time quotes and charts

    • Full trading functionality

    • Secure login and account management​

Web-Based Platform

  • Platform Type: Browser-based trading platform

  • Availability: Accessible via major web browsers

  • Features:

    • No download required

    • Real-time market data

    • Advanced charting and analysis tools

    • User-friendly interface​

Range of Markets

Overall Rating

Min Deposit

USD 50

Regulators

FSA, FSP, FCA, 

Trading Platform

MT4, Traze Mobile App, MAM services

Crypto

Yes

Total Pairs

60+

Islamic Account

Not Specified

Trading Fees

No

Account Activation

24 Hours

Traze provides access to a diverse selection of over 120 trading instruments across various asset classes.​

1. Forex (35+ Currency Pairs)

  • Major Pairs: EUR/USD, GBP/USD, USD/JPY

  • Minor & Cross Pairs: AUD/USD, NZD/USD, EUR/JPY, GBP/JPY, USD/CAD, USD/CHF

  • Trading Hours: 24 hours a day, 5 days a week

  • Features: High liquidity, leverage up to 1:2000, tight spreads

2. Commodities

  • Metals: Gold (XAU/USD), Silver (XAG/USD), Platinum (XPT/USD), Palladium (XPD/USD)

  • Energy: Brent Oil (UKOIL), Natural Gas (NG)

  • Agricultural Products: Coffee Arabica, US Corn, US Cotton, Sugar No. 11

  • Trading Method: Contracts for Difference (CFDs)

  • Advantages: Portfolio diversification, potential hedge against inflation 

3. Shares (35+ Global Blue-Chip Stocks)

  • Examples: Apple (AAPL), Amazon (AMZN), Tesla (TSLA), Microsoft (MSFT), Meta Platforms (META), Alibaba (BABA), NVIDIA (NVDA)

  • Trading Method: Share CFDs

  • Features: Ability to go long or short, leverage available, no ownership of underlying asset ​

4. Indices

  • Major Indices: S&P 500 (SPX500), NASDAQ 100 (NAS100), Dow Jones 30 (US30), Hang Seng Index (HK50)

  • Trading Method: Index CFDs

  • Benefits: Broad market exposure, diversification, suitable for both short-term and long-term strategies

5. Cryptocurrencies

  • Available Cryptos: Bitcoin (BTC/USD), Ethereum (ETH/USD), Litecoin (LTC/USD)

  • Trading Method: Crypto CFDs

  • Features: 24/5 trading, leverage options, ability to speculate on price movements without owning the actual cryptocurrency

Traze vs. Exness: A Comparison

Regulation & Trust

  • Traze: Information about regulatory oversight is not explicitly provided on their official website.​

  • Exness: Regulated by multiple reputable authorities, including the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and Financial Services Authority (FSA) of Seychelles

Minimum Deposit

  • Traze: Minimum deposits vary by account type:

    • Cent Account: $15

    • Standard Account: $50

    • ECN Account: $200

  • Exness: Offers a low minimum deposit of $10 for Standard and Standard Cent accounts.

Account Types

  • Traze:

    • Cent Account

    • Standard Account

    • ECN Account​

  • Exness:

    • Standard Account

    • Standard Cent Account

    • Raw Spread Account

    • Zero Account

    • Pro Account

    • Social Standard Account

    • Social Pro Account

Trading Platforms

  • Traze: Provides access to MetaTrader 4 (MT4) platform.​

  • Exness: Offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, along with a proprietary web terminal. ​

Leverage

  • Traze: Offers leverage up to 1:2000 across all account types.​

  • Exness: Provides leverage up to 1:2000 for Nigerian traders.

Deposit & Withdrawal Options

  • Traze: Supports bank transfers, credit/debit cards, e-wallets, and cryptocurrencies.​

  • Exness: Accepts local bank transfers in Nigeria, credit/debit cards, and e-wallets like Skrill and Neteller.

Trading Instruments

  • Traze: Offers over 120 trading instruments, including forex, commodities, shares, indices, and cryptocurrencies.​

  • Exness: Provides access to 107 currency pairs and 60+ CFDs on indices, cryptocurrencies, metals, and more.

Awards & Recognition

  • Traze: No specific awards or recognitions mentioned on their official website.​

  • Exness: Has received multiple awards, including:

    • Best Multi-Asset Broker (2025)

    • Most Trusted Broker in Africa (2025)

    • Best Global Forex Broker (2023)

Summary

Feature Traze Exness

Regulation

Not specified
FCA, CySEC, FSA

Minimum Deposit

$15 – $200
$10

Account Types

Cent, Standard, ECN
Standard, Cent, Raw Spread, Zero, Pro, Social

Trading Platforms

MT4
MT4, MT5, Web Terminal

Leverage

Up to 1:2000
Up to 1:2000

Deposit/Withdrawal

Bank transfer, cards, e-wallets, crypto
Local bank transfer, cards, e-wallets

Trading Instruments

120+ instruments
107 currency pairs, 60+ CFDs

Awards

None mentioned
Multiple awards (2023-2025)

Fees, Spreads, and Commissions

1. Account Types and Associated Costs

Traze offers various account types, each with distinct fee structures:​

  • Standard STP Account:

    • Minimum Deposit: $50

    • Spreads: Starting from 1.3 pips

    • Commissions: None

    • Leverage: Up to 1:2000

    • Execution: Straight-Through Processing (STP)​

  • ECN Account:

    • Minimum Deposit: $200

    • Spreads: As low as 0.2 pips

    • Commissions: Applicable per trade (specific rates not disclosed)

    • Leverage: Up to 1:2000

    • Execution: Electronic Communication Network (ECN)​

  • Mini Account:

    • Minimum Deposit: Not specified

    • Spreads: Floating, starting from 1 pip

    • Commissions: $1 per trade

    • Leverage: Up to 1:30 (can be increased to 1:500 for professional clients)

2. Additional Trading Costs

  • Swap Fees: Overnight positions may incur swap (financing) fees, which can be positive or negative depending on the instrument and market conditions.​

  • Currency Conversion Fees: If trading instruments are denominated in a currency different from your account’s base currency, currency conversion costs may apply.​

3. Affiliate Program Earnings

Traze offers an affiliate program where traders can earn up to 20% of the spread or commission whenever a referred client trades. These earnings accumulate in a Bonus Pool, which can be converted into a withdrawable balance upon meeting certain trading volume requirements.​

Traze Deposits and Withdrawals

Supported Payment Methods

Traze offers a variety of payment options for both deposits and withdrawals:​

  • International Bank Transfers: Available to all customers. Transfers are made in US dollars to Traze’s DBS bank account in Singapore. Sending other currencies may incur additional fees. Funds typically arrive within two days and are credited upon clearance.

  • Local Bank Transfers: Accepted from Southeast Asian countries, including Thailand, Malaysia, Indonesia, and Vietnam. Deposits are made in local currencies and converted to US dollars upon receipt.

  • Credit/Debit Cards: Supports VISA and Mastercard. The minimum deposit is US$200, with a maximum of US$10,000. Transactions must be made using cards registered in the account holder’s name.

  • E-Wallets: Supports Skrill, Neteller, and Perfect Money. Deposits must be made from e-wallet accounts registered to the same name or email as the Traze account.

Deposit Process

To fund your trading account:​

  1. Log in to your MyTraze dashboard.

  2. Click the “Deposit” button on the homepage.

  3. Select your preferred payment method.

  4. Choose the trading account to credit and enter the deposit amount.​

Note: The minimum deposit amount is US$15. However, first-time deposits must meet the minimum requirement for the chosen account type.

Withdrawal Process

To withdraw funds:​

  1. Log in to your MyTraze dashboard.

  2. Navigate to the withdrawal section.

  3. Follow the on-screen instructions to complete your withdrawal request.​

Traze does not charge any fees for withdrawals. However, third-party fees may apply, especially if your account is not denominated in US dollars, leading to potential currency conversion costs.

Internal Transfers

Traze allows internal transfers between your trading accounts:​

  1. Log in to your MyTraze profile.

  2. Click on “Fund Management” and select “Internal Transfer.”

  3. Choose the source and destination accounts and enter the transfer amount.​

Internal transfers are processed swiftly, enabling efficient fund management across different trading strategies.

How to Make a Deposit with Traze

1. Log in to Your MyTraze Account

  • Access your MyTraze dashboard by logging in with your credentials.​

2. Initiate the Deposit Process

  • On the dashboard homepage, click the “Deposit” button.

  • You’ll be presented with a list of available deposit methods tailored to your location.​

3. Select a Payment Method

Traze supports various payment options:​

  • International Bank Transfer:

    • Transfer US dollars to Traze’s DBS bank account in Singapore.

    • Minimum deposit: US$1,000.

    • Ensure the transfer is from a bank account in your name.

  • Local Bank Transfer:

    • Available for residents in Southeast Asia (e.g., Thailand, Malaysia, Indonesia, Vietnam).

    • Deposit in local currencies; funds will be converted to US dollars upon receipt.

  • Credit/Debit Cards:

    • Supports VISA and Mastercard.

    • Minimum deposit: US$200; maximum: US$10,000.

    • Only cards registered in your name are accepted.

  • E-Wallets:

    • Supports Skrill, Neteller, and Perfect Money.

    • Deposits must be made from e-wallet accounts registered to your name or email. ​

4. Enter Deposit Details

  • Choose the trading account to credit.

  • Specify the deposit amount.

  • Note: The minimum deposit per transaction is US$15. However, first-time deposits must meet the minimum requirement for the selected account type. ​

5. Complete the Transaction

  • Follow the on-screen instructions to finalize the deposit.

  • Ensure that all funds originate from accounts in your name, as third-party or anonymous deposits are not accepted due to international anti-money laundering regulations.

How to Make a Withdrawal from Traze

1. Log in to Your MyTraze Account

  • Access your MyTraze dashboard using your login credentials.​

2. Navigate to the Withdrawal Section

  • Once logged in, go to the withdrawal section of your dashboard.​

3. Initiate a Withdrawal Request

  • Select the payment method you used for your initial deposit.

  • Enter the amount you wish to withdraw.

  • You can withdraw funds up to the amount you originally deposited back to the same payment method. Profits exceeding the initial deposit must be withdrawn to your verified bank account.

4. Verify Your Identity and Bank Account

  • Ensure that your identity and bank account are verified:

    • Identity Verification: Upload proof of identity and proof of address.

    • Bank Account Verification: In the “Payment Verification” section of MyTraze, provide your bank details and upload a copy of your bank account statement. Verification typically takes approximately 24 hours.

5. Consider Your Account Margin

  • Be aware that withdrawing funds affects your account margin. If your margin level falls too low, it may lead to a margin call or stop-out, potentially closing your open positions. It’s advisable to make withdrawals when you have no open positions or sufficient margin to maintain them.

Education and Research

1. Signal Center – Intelligent Market Analyzer

Traze provides a free MT4 plugin called the Signal Center, which offers:​

  • Real-time market signals

  • Beginner-friendly indicators

  • Customizable alerts

  • Professional-grade analytics​

This tool is designed to assist both novice and experienced traders in making data-driven decisions.

2. Traze Academy – Structured Learning

The Traze Academy offers educational content covering:​

  • Advanced forex trading strategies

  • Broker-specific techniques

  • Insights into trading platforms and tools

These resources aim to help traders optimize their results and deepen their understanding of the forex market.

3. Market Insights and Research

Traze is committed to providing clear and unbiased market analysis, including:​

  • Technical and fundamental research

  • Reviews of trading strategies

  • Insights into CFD and Forex trading​

Their team of experienced professionals ensures that the content is relevant and applicable to current market conditions.

4. Additional Tools

To further support traders, Traze offers:​

  • Economic Calendar: Stay updated on important economic events.

  • Trading Calculator: Calculate potential profits, losses, and costs.

  • Copy-Trading Platform: Follow and replicate the trades of top-performing investors.​

These tools are designed to enhance trading efficiency and decision-making.

Overall Rating

Min Deposit

USD 50

Regulators

FSA, FSP, FCA, 

Trading Platform

MT4, Traze Mobile App, MAM services

Crypto

Yes

Total Pairs

60+

Islamic Account

Not Specified

Trading Fees

No

Account Activation

24 Hours

Geographic Reach and Limitations

Traze operates under a multi-jurisdictional compliance framework, holding licenses from several regulatory authorities:​

  • United Kingdom: Authorized and regulated by the Financial Conduct Authority (FCA) under Zeal Capital Market (UK) Limited.

  • Seychelles: Licensed by the Financial Services Authority (FSA) through Zeal Capital Market (Seychelles) Limited. ​

  • United Arab Emirates: Holds a Category 1 license from the Securities and Commodities Authority (SCA).

  • South Africa: Regulated by the Financial Sector Conduct Authority (FSCA).

  • Indonesia: Registered with Bappebti, the country’s commodities and futures trading regulator. ​

This extensive regulatory presence enables Traze to offer services in regions including Southeast Asia, South Asia, the Middle East, Africa, and parts of Europe.​

Geographic Limitations

Due to regulatory constraints, Traze does not accept clients from certain countries, including:​

  • United States​

  • Canada​

  • Iran​

  • North Korea​

  • Syria​

These restrictions are common among brokers operating under strict regulatory environments.

Alternatives to Traze

While Traze offers a robust trading platform, there are several other brokers that traders may consider based on their unique needs and preferences. Here are five top alternatives to Traze:

1. Octa

Octa is a popular forex broker known for its competitive spreads, multiple account types, and flexible leverage options. It offers access to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), ensuring traders can enjoy a variety of tools and resources. Octa is regulated by several global authorities, making it a trusted choice for traders looking for a safe trading environment.

2. HFM (formerly HotForex)

HFM provides a comprehensive trading experience with a variety of account types tailored to different trader needs, from beginners to professionals. It is highly regarded for its fast order execution, low spreads, and strong regulatory compliance. HFM offers both MT4 and MT5 platforms, and its extensive educational resources make it an excellent choice for new traders.

3. XM

XM is a global broker that offers excellent liquidity and tight spreads across various asset classes, including forex, commodities, and indices. XM is regulated by multiple authorities, providing a secure trading environment. It also offers low minimum deposit requirements and provides both MT4 and MT5 platforms, ensuring a seamless experience for traders of all levels.

4. Deriv

Deriv offers a wide range of trading instruments including forex, indices, and synthetic indices. It is known for its flexibility, with multiple platforms available, such as the DTrader and MT5 platforms. Deriv stands out for its low entry barriers, allowing beginners to start trading with as little as $1, making it an attractive option for new traders looking for a user-friendly platform.

5. Liquid Brokers

Liquid Brokers offers competitive pricing with tight spreads and high leverage options. This broker is particularly popular among traders looking for CFDs on a variety of assets. Liquid Brokers supports both MT4 and MT5, ensuring traders can take advantage of advanced tools and resources. It is a well-regulated broker, which ensures that traders’ funds are protected.

Recommendations

When considering a trading platform, it’s essential to choose one that aligns with your specific trading style, goals, and preferences. Based on the features and services offered by Traze, here are some recommendations to help you maximize your trading experience:

1. For Beginners: Traze’s User-Friendly Platform

If you’re new to trading, Traze offers an intuitive platform designed to help you get started with ease. Their range of account types, including the Instant Account with a low minimum deposit, makes it easy to begin without risking too much capital. Beginners can also benefit from the educational resources and customer support available on the platform. However, if you’re looking for more educational resources, platforms like HFM and Octa may offer comprehensive tutorials and courses to enhance your learning.

2. For Experienced Traders: Traze’s Advanced Account Features

If you have more experience and are looking for higher leverage and tighter spreads, Traze’s Advanced Account offers an ideal solution. With a leverage option of up to 1:2000 and spreads from 0.0 pips, this account is suited for traders who are comfortable with more advanced strategies. For experienced traders seeking similar features, brokers like XM and Deriv also provide advanced accounts with access to powerful trading tools and multiple platform options.

3. For Traders Looking for High Leverage: Consider Traze’s Leverage Options

Traze offers leverage up to 1:2000, which is ideal for those who wish to maximize their capital and trade larger positions. However, high leverage can come with significant risk, so it’s essential to use risk management tools such as stop-loss orders. If you’re looking for similar leverage options, both Octa and HFM offer high leverage for advanced traders.

4. For Traders Seeking Low Fees: Compare Traze with Other Brokers

Traze offers a fee-free deposit system and minimal withdrawal fees (only $5 after the first five withdrawals per month), making it cost-effective for frequent traders. If minimizing costs is your priority, it’s worth comparing these features with brokers like Liquid Brokers and XM, who also offer low-cost structures and flexible withdrawal terms.

5. For Global Traders: Multilingual Support and Accessibility

Traze provides multilingual support, making it a great option for traders from diverse regions. For those who value accessibility in multiple languages and want to trade globally, brokers like Octa and HFM are also good alternatives, offering similar levels of multilingual customer service and support.

6. For Traders Interested in Cryptocurrencies: Traze’s Support for Crypto Deposits

Traze supports cryptocurrency deposits and withdrawals (USDT-ERC20/USDT-TRC20), allowing traders to capitalize on the growing crypto market. For traders interested in a wider variety of cryptocurrencies, Deriv offers an expanded range of crypto trading options, including digital tokens and derivatives.

7. For Traders Seeking Customization: Explore Advanced Tools and Platforms

If you are looking for advanced tools like trading bots, VPS services, and market sentiment analysis, Traze’s platform offers comprehensive trading options. However, platforms like XM and Deriv also support custom indicators, trading bots, and advanced charting tools, providing traders with a range of customizable options to suit their needs.

Customer Support at Traze

Traze is committed to providing comprehensive customer support to ensure a seamless trading experience for its users. Here’s an overview of the support channels available:​

24-Hour Hotline

For immediate assistance, Traze offers a 24-hour hotline:

  • Phone Number: +1 400-8692-878​

This service ensures that traders can receive timely help with any issues or inquiries at any time.

Email Support

For less urgent matters or detailed inquiries, you can reach out to Traze’s customer support team via email:​

  • Email Address: cs@traze.com​

This channel is suitable for account-related questions, technical support, or feedback.

Live Chat

Traze provides a live chat feature accessible directly from their website. This allows for real-time communication with support agents, facilitating quick resolutions to any issues or questions.

Social Media and Online Presence

Traze maintains an active presence on various social media platforms, providing additional avenues for support and engagement:​

Engaging with Traze through these platforms can provide updates, community support, and direct communication channels. ​

Help Center

For self-service support, Traze’s Help Center offers a comprehensive knowledge base covering topics such as:​

  • Account verification

  • Trading platforms

  • Deposits and withdrawals

  • Commissions and fees

  • Platform installation guides​

This resource is designed to help traders find answers to common questions and troubleshoot issues independently.

Pros and Cons

Pros

  1. Regulated by VFSC

    • Traze is regulated by the Vanuatu Financial Services Commission (VFSC), ensuring a secure and reliable trading environment for users.

  2. Wide Range of Markets

    • Traze offers access to a variety of markets including Forex, stocks, commodities, cryptocurrencies, and more, providing ample opportunities for diversification.

  3. Advanced Trading Platforms

    • Traze supports popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are widely used by traders for their functionality and flexibility.

  4. High Leverage

    • Traze provides leverage of up to 1:2000, enabling traders to manage larger positions with a smaller amount of capital.

  5. Low Minimum Deposit

    • The minimum deposit for opening a trading account is as low as $10 for the Instant Account, making it accessible for beginner traders.

  6. Competitive Spreads and Fees

    • Traze offers competitive spreads starting from 0.0 pips (for the Advanced Account), with minimal commission charges, making it a cost-effective platform.

  7. Multiple Deposit and Withdrawal Methods

    • Traze supports a wide range of deposit and withdrawal options, including bank transfers, credit/debit cards, e-wallets, and cryptocurrencies.

  8. 24/5 Customer Support

    • Traze provides 24/5 customer support through multiple channels, including live chat, email, and phone, ensuring traders can get assistance when needed.

  9. Advanced Risk Management Tools

    • Traders have access to tools like stop-loss, take-profit, trailing stops, and more, to manage their risks effectively.

  10. Educational Resources

    • Traze offers various educational materials and resources to help traders improve their skills and knowledge.

Cons

  1. Limited Research and Analysis Tools

    • While the platform offers basic tools like market sentiment analysis and trading signals, it lacks more in-depth research features that some traders may expect.

  2. No Proprietary Trading Platform

    • Traze does not offer its own proprietary trading platform, which may be a drawback for traders who prefer a custom-built solution.

  3. Withdrawal Fees After 5 Transactions

    • Traze charges a $5 fee for withdrawals after the first five free withdrawals each month, which could be inconvenient for active traders who withdraw funds frequently.

  4. No Social Trading Features

    • Traze does not offer social trading or copy trading features, which some traders might find helpful for learning from others or automating their strategies.

  5. Limited Options for Non-Forex Assets

    • While Traze offers a variety of markets, some traders might find the selection of non-Forex instruments like ETFs and options contracts limited compared to other brokers.

In Conclusion

Traze offers a comprehensive trading experience, combining competitive features with a solid reputation in the industry. With its low minimum deposit requirements, high leverage options, and access to a wide range of markets, it caters well to both beginner and experienced traders. The platform’s support for popular trading platforms like MetaTrader 4 and MetaTrader 5 adds to its versatility, allowing traders to use familiar tools for their strategies.

Additionally, Traze’s 24/5 customer support, along with multiple deposit and withdrawal methods, ensures a smooth and accessible trading experience for users across the globe. The platform’s regulation by the Vanuatu Financial Services Commission (VFSC) provides an added layer of security for traders, making it a reliable choice for those looking to engage in both short-term and long-term trading.

Traze is a solid choice for traders looking for a flexible, cost-effective platform with strong market access. While it may not be the perfect fit for everyone, especially those looking for advanced research tools or proprietary platform options, it offers a great solution for those primarily focused on low-cost, straightforward trading with high leverage potential.

Overall Rating

Min Deposit

USD 50

Regulators

FSA, FSP, FCA, 

Trading Platform

MT4, Traze Mobile App, MAM services

Crypto

Yes

Total Pairs

60+

Islamic Account

Not Specified

Trading Fees

No

Account Activation

24 Hours

Our Findings

After thorough research and analysis of Traze, we found that it is a well-rounded and accessible trading platform suitable for a wide range of traders. Here’s a summary of the key findings:

  1. User-Friendly Interface and Platforms
    Traze offers both MetaTrader 4 and MetaTrader 5, which are widely recognized as some of the most user-friendly and powerful platforms in the industry. This makes it easy for traders to access tools, charts, and other features essential for executing successful trades.
  2. Competitive Spreads and Leverage
    Traze provides competitive spreads, with an average starting from 0.0 pips for advanced account holders. The platform also offers high leverage of up to 1:2000, which is attractive for traders looking to maximize their positions with smaller capital.
  3. Deposit and Withdrawal Flexibility
    Traze supports a wide range of deposit and withdrawal methods, including bank transfers, credit/debit cards, e-wallets, and cryptocurrencies, making it easy for traders globally to fund their accounts and withdraw earnings. Deposits are processed instantly, while withdrawals are typically completed within an hour.
  4. Low Minimum Deposit Requirements
    Traze allows users to start trading with a minimum deposit of just $10 for the Instant Account, which is ideal for beginners or those looking to test the platform without a large financial commitment.
  5. Regulatory Compliance
    Traze is regulated by the Vanuatu Financial Services Commission (VFSC), which ensures that the platform adheres to international compliance standards. It also offers client fund segregation and negative balance protection, which adds a layer of security for traders.
  6. Customer Support and Assistance
    Traze offers 24/5 multilingual customer support via live chat, email, and phone. This ensures that traders have access to assistance whenever they need it. For certain account types, a dedicated account manager is available, further enhancing the level of support.
  7. Lack of Proprietary Platform and Social Trading Features
    While Traze offers popular third-party trading platforms, it lacks a proprietary platform, which may limit some traders who prefer an integrated, unique experience. Additionally, there are no social trading or copy trading features, which might be a disadvantage for those seeking collaborative trading options.
  8. Limited Research and Educational Resources
    Traze provides basic charting tools, market sentiment analysis, and economic calendars, but it falls short when it comes to in-depth educational resources or advanced research tools. This could be a limitation for traders who require more comprehensive market insights to make informed decisions.

Frequently Asked Questions (FAQs)

  1. What is Traze?
    • Traze is a global online trading platform offering access to a wide range of financial instruments, including forex, commodities, stocks, and cryptocurrencies. The platform is known for its competitive spreads, high leverage, and user-friendly interfaces via MetaTrader 4 and MetaTrader 5.
  2. Is Traze a regulated broker?
    • Yes, Traze is regulated by the Vanuatu Financial Services Commission (VFSC). This ensures that the platform operates under strict compliance standards, offering a secure and trustworthy trading environment.
  3. What is the minimum deposit for opening a Traze account?
    • The minimum deposit for opening a Traze account depends on the type of account you choose. For an Instant Account, the minimum deposit is as low as $10, making it accessible for traders with limited capital.
  4. What types of accounts does Traze offer?
    • Traze offers several account types, including Instant Accounts, Standard Accounts, and Advanced Accounts. Each account type has different features, including varying spreads, leverage options, and minimum deposit requirements.
  5. What are the spreads and commissions at Traze?
    • Traze offers variable spreads starting from 0.0 pips for advanced account holders. Commissions are applicable, especially on the Advanced Account, where they are set at $3 per side.
  6. What trading platforms does Traze support?
    • Traze supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both of which are highly popular among traders for their user-friendly interfaces, advanced charting tools, and automated trading capabilities. Traze also offers mobile apps for both iOS and Android devices.
  7. Can I trade with leverage on Traze?
    • Yes, Traze offers leverage up to 1:2000, allowing traders to amplify their positions. However, it is important to be cautious when using high leverage due to the increased risk involved.
  8. What deposit and withdrawal methods are available?
    • Traze offers a wide range of deposit and withdrawal methods, including bank transfers, credit/debit cards, e-wallets (such as Skrill and Neteller), and cryptocurrencies. Deposits are processed instantly, while withdrawals are typically completed within 1 hour, depending on the method used.
  9. Are there any withdrawal fees?
    • There are no withdrawal fees for the first five withdrawals per month. After that, there is a $5 fee for each additional withdrawal.
  10. Is Traze suitable for beginners?
    • Yes, Traze is suitable for beginners, especially with its low minimum deposit requirements and access to the widely used MetaTrader 4 and 5 platforms. However, beginners may need to rely on third-party educational resources for advanced strategies, as Traze does not offer extensive educational content directly on the platform.
  11. What customer support options are available with Traze?
    • Traze provides 24/5 customer support via live chat, email, and phone. Additionally, certain account types come with a dedicated account manager to assist with trading inquiries.
  12. Can I trade cryptocurrencies on Traze?
    • Yes, Traze offers trading in several cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, giving traders access to a wide variety of crypto markets alongside traditional asset classes.
  13. Is there a mobile app for Traze?
    • Yes, Traze offers mobile trading apps for both iOS and Android, providing traders with the flexibility to manage their trades and monitor the markets on the go.
  14. Can I trade with Traze if I am located outside of their primary regions?
    • Traze serves global markets, but it’s essential to check the specific regulations and restrictions in your country, as some regions may have limitations based on local financial regulations.
  15. Does Traze provide risk management tools?
    • Yes, Traze provides a variety of risk management tools, including stop-loss and take-profit orders, trailing stops, and advanced order types, allowing traders to manage their risk effectively.
  16. Can I use automated trading on Traze?
    • Yes, Traze supports automated trading through Expert Advisors (EAs) on MetaTrader 4 and 5 platforms. This feature allows traders to set up trading algorithms to execute trades based on predefined criteria.
  17. What is the maximum withdrawal limit on Traze?
    • There is no specified maximum withdrawal limit on Traze. Traders can withdraw as much as they want within the available balance in their account.

References

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