Tradovate Spreads, leverage, minimum deposit Revealed

　　Basic Information & Regulation of Tradovate

　　Founded in 2015, Tradovate is an online futures and options broker. Brokerage services are provided by Tradovate LLC, which is a member of the National Futures Association and is registered with the Commodity Futures Trading Commission (CFTC).

　　Safety Analysis of Tradovate

　　Tradovate's U.S. NFA general financial license is suspected to be a sleeve license, which means that the safety of user funds and trading activities are not effectively regulated. Therefore, investors should use this Tradovate with caution.

　　Market Instruments

　　Tradovate mainly provides futures and options trading services to investors through its developed Tradovate trading platform.

　　Account Types of Tradovate

　　Tradovate offers seven different types of trading accounts for investors, namely Individual, Joint, IRA, Corporate, LLC, Trust, and Partnership accounts. Moreover, Tradovate also offers demo accounts for investors.

　　Trading Platforms Available

　　Tradovate provides traders with a cloud-based trading platform instead of the most popular MT4/MT5 trading platforms currently available.

　　Deposit and Withdrawal of Tradovate

　　Tradovate supports investors to deposit and withdraw funds from their investment accounts by sending checks by post, wire transfer, or ACH bank transfer. Tradovate offers a more limited range of deposit and withdrawal methods than other traders who offer a variety of popular deposit and withdrawal methods.

　　Pros & Cons of Tradovate

　　The main advantages of Tradovate are：

　　1. Regulated

　　2. A range of free educational resources

　　3. Multiple account options

　　The main disadvantages of Tradovate are：

　　1. Non-MT4/MT5 trading platform

　　2. Fewer tradable instruments available

　　3. Fewer ways to fund accounts

　　4. High minimum deposit amounts