FeelTrade Review

A brand name of the international broker JBC-Pro, FeelTrade is an online financial trading platform for retail traders who want unimpeded access to the global financial markets. With FeelTrade, traders can trade in spot forex, commodities such as gold, silver, wheat and Contracts for Difference (CFDs).  Being a No Dealing Desk (NDD) broker, traders will also be able to trade with peace of mind and with low spreads.

Real time pricing, powerful trading tools and flexible leverage ensure that traders benefit gets to operate in the best possible trading environment as well.

Trading Platforms

FeelTrade has two main types of trading platforms for traders to choose from. They include:

• MetaTrader 4 (MT4)
• WebTrader

These two types of platforms are also available to traders as mobile versions for their Smartphones and mobile devices.

MetaTrader 4 (MT4)

The MT4 is currently one of the most advanced and popular among professional traders. This is because the platform boasts of many cutting edge tools and features that help bring trading to the next level. In addition, tech savvy traders can also customize the platform to help them accommodate automated trading. Some of the main features of the trading include:

• Ability To Handle Multiple Order
• Full Range Of Technical Indicators
• One Click Trading
• Support For Expert Advisors
• Support Live News Feeds

WebTrader

This platform is FeelTrade’s proprietary web based trading platform.  The platform allows traders to have full trading functionality without having to download and install any programs. Almost as powerful as the MT4 trading platform, WebTrader support the following features:

• News Streaming
• One Click Trading Operations
• Secured Data Protection
• Unlimited Charts Operations

Account Types

To cater for different levels of trading experiences, FeelTrade lets traders choose one of three types of live trading accounts:

• Micro Trading Account –  Initial deposit $100
• Standard Trading Account – Initial Deposit $2000
• Executive Trading Account – Initial Deposit $50,000

Spreads Payable

In terms of spreads, traders can choose from fixed or variable spreads. The minimum spreads for major pairs starts from 0.5 pips (Executive Account). FeelTrade claimed that their spreads is tightest possible in market as they are partnered with Trier 1 liquitidy providers such as Barclays, Credit Suisse, UBS, Merrill Lynch and Morgan Stanley. In addition, pricing is done to the fifth decimal place instead of the usual fourth decimal places. This also allows traders to benefit from the smallest movements in price.

Customer Support

Help is always close by for traders 24/5. Traders can easily contact FeelTrade’s support team with live chat, email or telephone. FeelTrade’s website and customer is available to traders in English, French and Italian.

Reliability

In terms of reliability, FeelTrade abide by 3 main principles, Efficiency, Ethic and Safety.

• Efficiency

They seek to provide their clients with the best possible trading tools such as powerful and efficient platforms. To support these platforms, they try to render the highest possible quality services to the clients. Trading efficiency is the main objective.

• Ethic

FeelTrade value their client’s custom and hence they always seeks put their clients’ first. To do this, they build long term relationships with their clients and operate with full transparency.

• Safety

Lastly, safety is a top priority for FeelTrade. Working round the clock, FeelTrade uses the latest technologies to ensure that the trading environment is always secured.

Pros

• 30 Days Free Demo Account
• Dedicated Account Manager Provided
• Free SMS Signals
• High Bonuses
• Mobile Trading Supported
• Professional Tutorials
• Real Time Market Analysis
• Round The Clock News Feed

Cons

• No ECN Account
• No Managed Account Facilities

Conclusion

Overall, FeelTrade rates high in terms of the quality of services that they are delivering. However, there are one or two concerns that they have not addressed on their website. One is the issue of regulation and second is the issue of segregated accounts. They should provide more information on these two issues so any doubts that traders might have can be put to rest. Apart from these two issues, there is no problem with this broker.