Aspect | Information |
Registered Country/Area | Comoros, KM |
Founded Year | Not Specified |
Company Name | TradGrip |
Regulation | MISA |
Demo Account | Not Available |
Minimum Deposit | 0 USD |
Maximum Leverage | 1:200 |
Spreads | Variable spreads |
License Number | BFX2024031 |
Trading Platforms | Mobile app and webtrader |
Customer Support | Live Chats, Calls, Emails, Contact Form |
TradGrip brands itself as a platform that assists traders in the sea of financial markets. With an emphasis on delivering a simple and practical experience along with its tools, the platform seeks to meet both the demands of beginners and the needs of experienced individuals in the online trading industry. The present scrutiny is about the main characteristics of TradGrip, including the examining of its functionalities, platforms, accounts, financial instruments, and the legality of all these matters according to the data on the site.
About TradGrip
TradGrip’s site demonstrates it as the main actor in providing a personalized trading environment. The mention of its open collaborative model foreshadows TradGrip’s main aim of supplying tools and services necessary for investors to create their own trading setup. The platform provides a broad list of assets such as options, stocks, and ETFs, and it remains true to its values of scalability, security, and reliability through the REST-based API offered to both companies and individual developers.
Key Features of TradGrip
According to the information available on the TradGrip web page, central elements seem to be:
Trading Platforms
- WebTrader: A platform for immediate access to simple and complex equity and option orders. This implies that it has a very easy-to-use interface that can work for different trading preferences.
- TradGrip Mobile App: The iOS and Android applications allow users to trade anytime and anywhere, which makes it flexible and very convenient.
- API Access: High-performance APIs are provided for trading, market data, and brokerage services. They are specifically for developers and individuals who want to incorporate trading into their applications or workflows.
Powerful Trading Tools
The TradGrip’s full-featured nature implies the availability of sophisticated tools for analysis and execution. TradGrip listed features further elaborate on this:
- Portfolio Management: Custom grouping, layout customization, and sorting capabilities.
- Order Management: Filtering for various order statuses and the ability to modify and cancel orders.
- Option Chains: Horizontal and vertical views with strike filtering and quick trade capabilities.
- Tower: A unique tool for quick trading of stocks and options.
- Balances: Historical cost basis tracking and P&L graphs.
- Charting: Customizable periods with IVol overlays, trading from charts, and options/spread charts.
- What-If Risk Analysis: Probability of profit/loss assessment and strategy comparison.
Educational Resources
The TradGrip site has not been fitted with such resources in bulk as the likes of webinars or tutorials, which are solely for educational purposes. However, they deliver “weekly market insights,” which might be useful for users as a form of education by staying up to date with trends in the market.
Multiple platforms like FXRoad, Capitalix, and CapPlace offer multiple educational resources and demo accounts to help beginners learn and grow.
Account Options
The site focuses on three account access types that ,in turn, imply different tiers of service. The accounts are mostly different in terms of the features offered or subscription fees involved. Also, the idea of opening a futures account without the need for a brokerage account has been mentioned.
Silver Account
No swap or spread discount is available on a silver account at the platform. But, it does provide high leverage options for traders to increase their possible growth.
Gold Account
The account features spread and swap discounts for the traders. This is an efficient and easier option. This is in addition to high-leverage options.
Platinum Account
The platform has special accounts for pro traders only. These accounts come with the greatest discount and the lowest lot size.