Tradesparkle Review

Home » Tradesparkle Review

August 18, 2022

Amanda Hansen

General Information
Broker Name:	Trade Sparkle
Broker Type:	Forex and CFDs
Regulation:	N/A
Year of establishment:	2022
Headquarter Country:	UK
Customer Service
Phone:	N/A
Email:	[email protected]
Languages:	English
Availability:	24/5
Address:	Suite, 93, 101 Greenfield Road, London E1 1EJ
Trading
Trading Platforms:	Proprietary
Minimum Deposit:	$10,000
Mobile trading:	YES
Web-based trading:	YES
Demo Account:	N/A
Bonuses:	N/A
Leverage:	1:500
Spread:	Floating

General Information & First Impressions

Tradesparkle is a new brokerage that aims to attract mid-level and experienced traders and investors. It offers a comprehensive and streamlined service, which gets you from signing up to trading in no time. As such, it’s a viable option for those that want to start trading ASAP. Our Tradesparkle review will tell you more about the broker’s features and qualifications.

Tradesparkle has a significant advantage in that it’s immediate. It doesn’t have you wait around or go through a thousand menus before you start. The process is straightforward; you sign up, get money into your account, and are ready to trade.

That’s especially useful for traders that want to switch brokers without any downtime or newbies who want to start right away. There can be numerous valid reasons for that, one being that another broker may have scammed you, and you’re looking for an instant replacement.

Or maybe you’re just impatient and don’t want to wait weeks for a broker to greenlight you for trading. That’s fair as well, especially since market conditions can change in a snap.

The broker’s website, tradesparkle.com, matches that sentiment. It allows you to quickly inspect the broker and make your decision straight away. It readily displays the most important features and conditions, not wasting any of your time. We adored that approach since it made writing our Tradesparkle review a breeze.

It also has numerous other implications, which we’ll cover later on in the text. For now, it’s fair to say that the broker impressed us. It offers numerous interesting features while treating traders with respect instead of baiting them. In our books, that’s the start to a broker that knows what it’s doing.

Fund and Account Security

Online security is a significant concern in the finance sphere. That especially pertains to brokers, which tend to harbor scammers. Because of the extreme amounts of funds involved, as well as relatively weak regulations, online brokerages were the ideal ruse.

However, as time has gone on, regulators have finally accepted the internet as a mainstay in trading. That has led to the development of stricter regulation, which has hindered scamers’ ploys. The problem is far from gone, but it’s much less prevalent now.

Still, as a trader, falling for even a single scam can be devastating, meaning you need to research the companies you’re dealing with properly. Unfortunately, doing that isn’t always a straightforward process. It’s often difficult to check out brokers, especially if they aren’t big names on the market. That’s why our Tradesparkle review contains this section, which inspects the broker’s security.

And as we said, regulators have gotten much more vigilant in the online trading world. That means a large part of a broker’s security comes from the country which it runs from. Since local regulators and the international entities they cooperate with watch over the financial sector, that’s the largest safety indicator.

Tradesparkle runs from the UK, which is one of the most secure places a company can operate from. It has rigid regulation, both internally and internationally, as a major financial hub. That means there’s nearly no way scammers can go unpunished for any meaningful period.

In addition to that, we feel like it’s important to mention that the brokerage shows no signs of ill will towards customers. Altogether, the trust indicators and more objective conditions are great. We doubt anyone will have issues pertaining to security at tradesparkle.com.

Account Info at tradesparkle.com

Tradesparkle is an open company and as such, strives to be a good fit for traders with various different styles. To bridge that gap, it utilizes an excellent account structure that has a little bit of something for everyone.

Now, as we said near the start of our Tradesparkle review, it’s a company that targets mid-level and experienced traders. In other words, the initial deposit may seem daunting if you’re in the early stages of learning trading.

We understand that, but we also implore you to stop looking at deposit requirements as costs. The requirement for a tradesparkle.com account is $10,000. However, you can still trade with all that money, so there’s no actual cost attached to the account.

Deposit requirements are something brokers use to keep their operations running and ensure their customers have the right risk profile. As such, a higher requirement usually means a more robust service, and that’s exactly the case with Tradesparkle.

The broker has numerous features that exceed the standard service you’d get at a similar price point. They range from utility features to assistance and comfort, letting you maintain focus while trading.

Some of the higher accounts also introduce additional trading features that can help you earn more. For example, there’s the higher leverage feature that lets you introduce a bit of additional risk for higher rewards. Coupled with the broker’s risk-free trades feature, you can boost your winnings without any concern.

Overall, there’s a good bit of flexibility in the account options the broker provides. Some traders on a budget won’t feel comfortable with the price point, but that’s just a necessary tradeoff. Here are the properties you can expect to see on tradesparkle.com as far as accounts go:

Bronze

Min. Deposit: $10,000

Personal Account Manager

Basic Market Education Sessions

Personalised Trading Alerts

Risk Free Trades

Silver

Min. Deposit: $25,000

Personal Account Manager

Basic Market Education Sessions

Personalised Trading Alerts

Risk Free Trades

Practical Guided Trading Sessions

Gold

Personal Account Manager

Basic Market Education Sessions

Personalised Trading Alerts

Risk Free Trades

Practical Guided Trading Sessions

Higher Leverage

Platinum

Min. Deposit: $100,000

Personal Account Manager

Exclusive access to our VIP Trading Signals Telegram Channel

Risk Management Strategies and Guidance

Basic Market Education Sessions

Personalised Trading Alerts

Risk Free Trades

Practical Guided Trading Sessions

Higher Leverage

Immediate & No fee Withdrawals

Independent Contract

Premium Platform Support

Tradesparkle’s Trading Platform

Tradesparkle also has a sophisticated trading platform users can utilize to predict markets and maximize their gains. One part of the power comes from the possibility of customizing the platform slightly, so it fits your style. It also lets you accommodate it to your muscle memory if you rely on high-intensity trading styles. Overall, it makes the process of transitioning to Tradesparkle from another broker much smoother.

On top of that, there’s also the analytical power of the platform. There is a series of visual aids and signals that can help you perceive markets correctly and make predictions accordingly. They also help you plan for the future and pick out the best assets.

Naturally, there are also some automation features, such as take wins and stop losses. That way, you won’t need to keep a device close to hand in case of sudden market shifts. That frees up your time and mental energy so that you don’t need to devote all of it to trading.

The platform is accessible via any device, as is usual with modern brokerages. All the different forms are well-optimized, letting you choose the one you prefer.