Reputation and Features of ThreeTrader

What kind of FX company is ThreeTrader?

ThreeTrader is a new broker that launched its service in May 2021, buthas received high praise from traders for its low trading costs and high degree of freedom in trading without any restrictions .

Brokers that offer excellent trading environments often offer modest bonuses, but ThreeTrader actively holds campaigns . In addition, they have a regular points program where you can receive luxurious prizes, and are full of services that traders will be happy to receive.

High reliability with Vanuatu financial license

ThreeTrader is operated by ThreeTrader Global Limited, which holds a financial license from the Vanuatu Financial Services Commission (VFSC) .

Number of ThreeTrader points earned

In addition to ThreeTrader, Titan FX also operates under VFSC regulation.

The VFSC strengthened its regulations in 2019, which has increased the reliability of licenses from the Vanuatu authorities. Although the regulations are still looser than those of regulatory agencies that require trust preservation, such as the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), the VFSC has a very good reputation among offshore licenses .

You can check the financial license status on the VFSC official website.

What is the reputation for the safety of funds?

At ThreeTrader, customer funds are managed separately by Tier 1 banks. Segregation is a method of managing the operating funds of the FX company separately from customer assets, so that customer funds are protected even in the unlikely event that the broker goes bankrupt.

Segregated management is a common fund management method adopted by many overseas FX brokers. Although it is reassuring, it is not as good as trust protection, which returns funds in the event of bankruptcy.

Therefore, in 2023, ThreeTrader joined the Financial Commission , a third-party organization specializing in resolving disputes between brokers and traders , strengthening its reliability and security. Traders can officially file a complaint against ThreeTrader through the Financial Commission, and can receive compensation of up to 20,000 euros (approximately 2.9 million yen) depending on the ruling. ThreeTrader is also improving its reputation by creating such a mechanism to reassure traders.

Read the full article here

ThreeTrader joins the Financial Commission, significantly increasing its credibility | ThreeTrader | FXPlus™

ThreeTrader has joined the Financial Commission, which provides coverage up to 20,000 euros. Although there was some concern about the safety of funds, ThreeTrader has become more reliable by joining the Financial Commission.

2024.03.22

ThreeTrader Account Types

ThreeTrader offers two types of accounts: the Pure Spread Account for beginners and the Raw Zero Account for intermediate and advanced users. Details of each account type are as follows.

ThreeTrader Account Types

Both have a good reputation for their narrow spreads, but the main difference is the trading costs and the initial minimum deposit. The Pure Spread Account has a minimum initial deposit of 10,000 yen, and the spreads are slightly wider, so the total costs tend to be higher than the Raw Zero Account. On the other hand, the Raw Zero Account has a high initial minimum deposit of 100,000 yen, but you can trade at one of the lowest costs among all overseas FX brokers.

Both account types have the same maximum leverage of 1,000x, a stop loss level of 20%, and the trading platforms MT4 and MT5 are available. In addition, it is reputed that there is no leverage limit. In addition, you can participate in the campaigns offered by ThreeTrader regardless of your account type .

For more information about account types, please refer to the following article:

Read the full article here

ThreeTrader Account Types and Features | ThreeTrader | FXPlus™

ThreeTrader offers two ECN accounts: the Pure Spread Account and the Raw Zero Account. Both accounts are ECN accounts, and their extremely reduced spreads have attracted attention, making them a popular broker in no time at all, despite being a new broker.

2024.09.09

Advantages of ThreeTrader

The reason why ThreeTrader has a high reputation is that it has the lowest trading costs in the industry. It also offers a wide range of Japanese support and a unique points program. Let’s take a closer look at the appeal of ThreeTrader.

Industry-leading spreads and trading fees

The Pure Spread account offers narrow spreads starting from 0.5 pips for major currency pairs such as EURUSD and USDJPY .

What’s even more noteworthy is that the Raw Zero Account allows you to trade with a minimum of 0 pips, with a trading fee of just 200 yen per lot ($2 for USD accounts) .

Considering that other companies charge a transaction fee of 3.5 to 5 USD one way for these external fee accounts, ThreeTrader offers exceptionally low costs. Below is a comparison with brokers that have a reputation for low transaction costs among overseas FX brokers.

Trading costs of major overseas FX brokers (spread + trading fee converted into spread)

Overseas FX Brokers	USDJPY	EURUSD	GBPUSD
RAW Zero Account	1.0 pips	0.6 pips	1.0 pips
Pure Spread Account	0.9 pips	0.7 pips	1.1 pips
KIWAMI Polar Account	1.1 pips	1.2 pips	1.6 pips
Blade Account	1.3 pips	1.0 pips	1.5 pips
Pro Account	1.1 pips	0.8 pips	0.9 pips
Pro Account	1.2 pips	0.8 pips	0.9 pips
Pro Account	1.6 pips	1.1 pips	1.2 pips

RAWゼロ口座
USDJPY	1.0pips
EURUSD	0.6pips
GBPUSD	1.0pips
Pureスプレッド口座
USDJPY	0.9pips
EURUSD	0.7pips
GBPUSD	1.1pips
KIWAMI極口座
USDJPY	1.1pips
EURUSD	1.2pips
GBPUSD	1.6pips

もっと見る

Not only the Raw Zero Account, but also the Pure Spread Account allows you to trade with narrower spreads than other companies’ high-spec accounts. Therefore, it has gained a high reputation from traders who focus on short-term trading such as scalping and day trading .

ThreeTrader is also well-known for its low trading costs for CFDs, including gold, allowing you to trade a wide range of stocks at an advantage over other companies.

Read also

Trade gold with ThreeTrader! Lowest cost in the industry | ThreeTrader | FXPlus™

ThreeTrader is an overseas FX broker known for its low cost. In this article, we measured the actual spread figures and compared the trading costs of ThreeTrader with those of its competitors. If you are concerned about trading costs, please take a look.

2024.03.22

The transaction method is the highly transparent NDD/ECN method

ThreeTrader offers two types of accounts: the Pure Spread Account, which is a general account, and the Raw Zero Account, which is a medium to advanced account.

Both use the NDD/ECN method . Among the highly transparent NDD methods , ECN, which sends orders directly to LPs (liquidity providers), is an even more transparent trading method.

Platforms available: MT4/MT5

Until now, ThreeTrader only offered the MT4 platform. However, MT5, which was requested by many users, has now been introduced.

Of course, MT4 is still available as before, so you have more options. Choose the platform that best suits your style and trade comfortably.

Points program offers great prizes

ThreeTrader offers a points program.

The points you earn with each trade can be exchanged for a variety of great prizes at the ThreeTrader Points Store , including Apple products like iPhones and iPads, and home appliances like Dyson vacuum cleaners .

You can exchange your points for over 30 kinds of prizes in the points store. Examples of prizes and the points required are as follows:

Items available at the ThreeTrader Points Store

You can earn 10 points for every 1 lot traded in FX and precious metals trading, and 1 point for every 1 lot traded in cryptocurrencies, crude oil, and index trading .

You will also have the opportunity to earn coupons for the Points Store through the campaign, which you can use to redeem for products . For example, in the 2023 Halloween campaign, participants who used the coupons were guaranteed to get an iPhone or Airpods Pro.

The latest prize information can be found at the “ThreeTrader Points Store” on the ThreeTrader member page.

Open ThreeTrader login page

Read the full article here

An easy-to-understand explanation of ThreeTrader’s point store | ThreeTrader | FXPlus™

ThreeTrader offers a points service. You can exchange the points you earn from trading for luxury items and cashback at the points store. The items are diverse, including Apple products, Dyson, Samsung electronics, watches, Bearbrick, and more.

2024.03.22

Campaigns are held regularly

ThreeTrader offers a modest amount of bonus credits to use for trading, but they regularly hold promotions where you can win prizes and cash rewards .

Usually, brokers with good trading conditions like ThreeTrader do not offer many bonuses or campaigns. However, ThreeTrader has a good reputation for holding campaigns to entertain traders once every 1-2 months.

ThreeTrader’s campaigns held in 2023 included the following:

Examples of campaigns held by ThreeTrader (2023)

Zero cut implementation

Like many overseas FX brokers, ThreeTrader implements zero cut .

Zero cut is a system that, when a customer’s account balance becomes negative, cuts the negative amount to bring the account balance back to zero. Zero cut is achieved by the broker bearing the negative debt.

This feature eliminates the risk of customers having to make margin calls.

However, although ThreeTrader is a broker that is more lenient towards hedging compared to other companies, you should be aware that the zero cut may not apply to hedging under certain conditions .

No leverage restrictions based on account balance or open positions

Many overseas FX brokers will forcibly limit your maximum leverage to a lower level when your account balance or equity reaches a certain amount, or when your open position amount reaches a certain amount.

However, ThreeTrader has gained a good reputation for eliminating leverage restrictions based on account balance or the amount of positions held. This is a great system for traders with large capital.

ThreeTrader allows you to trade with the leverage listed below.

Maximum Leverage for Each Instrument

Support is provided in Japanese and is polite and friendly

ThreeTrader offers a complete support system with native Japanese speakers.

In addition, the company’s support is polite and the service is tailored to meet specific needs , which has earned it a good reputation.

Perhaps because it is a new broker, there is still little information on the official website, but support is available via chat during business hours, from 7:00 to 20:00 Japan time on weekdays.

When you visit the official website, the chat function will automatically be displayed, so you can easily use the chat to receive the information you want to know.

Stop level is zero

ThreeTrader does not set stop levels. This allows you to place a pending order for settlement at the closest rate to the current price. The excellent spreads and the environment suitable for scalping and day trading have earned ThreeTrader a good reputation.

Recently, overseas FX brokers have tended to abolish stop levels, with XMTrading abolishing them in 2021 and Exness abolishing them in 2022.

Disadvantages of ThreeTrader

So far we have looked at the advantages of ThreeTrader , but of course there are also disadvantages. By knowing the disadvantages, you will be able to use ThreeTrader more effectively. Next, we will explain the disadvantages of ThreeTrader.

Disadvantages of ThreeTrader

Bonus is low

ThreeTrader has a policy of not offering excessively large bonuses . This has led to a negative reputation among bonus-focused traders.

However, in overseas FX, brokers that offer bonuses tend to have wider spreads, while brokers that do not offer bonuses tend to have narrower spreads. For example, Titan FX, which has a reputation for narrow spreads, does not offer any bonuses.

The only bonuses available for trading offered by ThreeTrader are the account opening bonuses that are held periodically. Traders who are expecting generous bonuses, which are one of the major benefits of using an overseas FX broker, may find ThreeTrader a little disappointing.

However, as mentioned above, even though the bonuses are small, ThreeTrader puts a lot of effort into its gift system. In addition to its points program, it has gained a good reputation for being able to win prizes through various limited-time campaigns.

You can check the current campaigns on the ThreeTrader homepage.

Open ThreeTrader official website

Read the full article here

ThreeTrader Bonus Campaign Summary | ThreeTrader | FXPlus™

ThreeTrader offers an account opening bonus of $10 in cash, a points program where you can earn gifts by collecting points, and occasional limited-time bonus campaigns. Please refer to this page if you would like to know more about ThreeTrader bonuses.

2023.08.31

The number of brands available is average.

ThreeTrader handles 97 stocks, which is the average number of stocks among overseas FX brokers. Although it offers narrow spreads, the fact that the range of tradable stocks is not that wide has led to its reputation being lowered by some traders.

In recent years, the number of stocks handled by each broker has been increasing due to the handling of stock CFDs, but the stocks that can be traded on ThreeTrader are limited to major stocks. However, increasing the number of stocks leads to increased costs for brokers. Therefore, ThreeTrader provides a good trading environment by limiting the number of stocks.

The trading server is a bit unstable

ThreeTrader has had several instances in the past where it was unable to trade due to server problems.

From the user’s perspective, when the server stops, they are unable to perform any operations and are left with no option but to do something.

These types of problems occur especially during times of high volatility and a flood of orders, so you may be subject to a stop loss depending on price movements while the server is down.

I’m looking forward to seeing more servers added in the future.

Inconvenient to deposit and withdraw funds

ThreeTrader accepts the following deposit methods: domestic bank transfer, international bank transfer, bitwallet, Peska, and virtual currency (USDT).

For those who do not use virtual currencies, the only options are essentially domestic bank transfer, bitwallet, or Peska, and the lack of usability has led to a negative reputation among some traders.

As for withdrawals, there is no withdrawal method that supports instant withdrawal, so you will have to wait 1 to 3 business days for the funds to arrive. Also, for security reasons, if you withdraw more than $5,000, you will need to upload a bank account statement of the withdrawal destination in advance.

Before you start trading with ThreeTrader

Experience trading with a demo account

ThreeTrader offers demo accounts for all account types.

ThreeTrader does not offer a new account opening bonus (no deposit bonus), so it is a good idea to first experience the ThreeTrader trading environment with a demo account. The trading environments of the demo account and real account are almost the same, so you can experience the ThreeTrader trading environment without risk. In addition, FX beginners should definitely take advantage of it to learn how to use and operate MT4.

A demo account can be opened on the ThreeTrader official website.

Open ThreeTrader official website

Once you enter your name, email address, and information about the account you wish to open, your demo account will be opened and detailed information will be sent to the email address you registered.

Check out the deposit and withdrawal methods available at ThreeTrader

ThreeTrader Deposit Methods

ThreeTrader offers the following seven deposit methods:

Compared to overseas FX brokers that accept multiple online wallets and cryptocurrency deposits, there are limited deposit methods. In particular, it is a disadvantage that they do not accept credit cards, which many overseas FX brokers do.

Cryptocurrency deposits are made via the Tron network (TRC20), which has low fees, making it easy to use.

ThreeTrader Deposit Methods

ThreeTrader Withdrawal Methods

ThreeTrader does not have a withdrawal method that supports instant withdrawal, so you will need to wait 1 to 3 business days for the funds to arrive.

ThreeTrader withdrawal methods list

1. 利用する銀行によっては、振込手数料が発生する可能性があります。
2. 1回につき最高出金額

For domestic bank transfers, the transfer is made by a settlement agent, not by ThreeTrader. Therefore, depending on the bank you use, a transfer fee may be charged. The exact amount will not be known until the transfer is actually made, but it will be around a few hundred yen.

Points to note when trading with ThreeTrader

Possible to hold multiple accounts

ThreeTrader is a rare overseas FX broker, and has a reputation for not prohibiting hedging between multiple accounts. The reason why many overseas FX brokers prohibit hedging between multiple accounts is because they are afraid of inducing trading that abuses zero cut.

Examples of zero-cut abuse

The total profit from this trader’s two accounts will be a profit of +10,000 yen, but from the broker’s perspective, they will be responsible for the customer’s loss. To prevent this situation, many zero-cut brokers prohibit hedging between multiple accounts.

However, even if permission is granted, it is not unconditional. ThreeTrader states that ” If one account is negative and the other account is profitable, the zero cut will not be executed and it may be offset against the account that made the profit. “

Arbitrage is prohibited

ThreeTrader has very few restrictions on trading methods, and is notable for allowing “high-frequency trading” and “hedging using multiple accounts,” which are prohibited by other overseas FX brokers.

However, arbitrage is an exception and is not permitted as it is a detrimental act to brokers. Arbitrage is a method of taking advantage of the price difference between the same product in different markets, buying at a low price and selling at a high price to make a profit. In 2023, it became a hot topic when the accounts of users who engaged in arbitrage on ThreeTrader were locked. For more information, please see the following page.

Read the full article here

What is prohibited on ThreeTrader? Explaining the rumors of arbitrage regulations | ThreeTrader | FXPlus™

It became a big topic when users who engaged in “arbitrage” on ThreeTrader were restricted. The company publicly states that there are no prohibited techniques, but intentionally exploiting holes in the system is not permitted. Where is the line?

2024.03.22

ThreeTrader has a good reputation among traders who value trading conditions

Although ThreeTrader is a new broker founded in 2021, there is no doubt that its trading specifications are among the best in the industry, with narrow spreads and the abolition of stop levels . The optimal trading environment is in place for not only scalping and day trading, but also swing trading .

The company’s user-first approach is evident in the way it improves its services to meet the needs of its traders and strengthens its compensation system by joining the Financial Commission. ThreeTrader’s services are also highly rated, as it offers a point program and seasonal campaigns to keep traders happy.

Although it has only been in operation for a few years, ThreeTrader has been gaining support from mid- to advanced traders without any major issues. Please try ThreeTrader, which offers one of the highest spec trading environments among overseas FX brokers.

Open ThreeTrader account opening page

More information on ThreeTrader

Operating company information

Japanese support and support disk

Terms of trade and deposit protection rules

1. ThreeTraderの複数口座間での両建ては可能。しかし、ThreeTrader以外のブローカー間での両建ては相手ブローカーも認めている場合のみ両建て可能。
2. 証拠金がマイナスになった場合、ゼロカットを実施。

Conditions for each account type

1. More is possible if desired.
2. Trading hours vary depending on the stock
3. One-way trading fee per lot

ThreeTrader – Frequently Asked Questions (FAQ)

We have compiled a list of frequently asked questions about ThreeTrader.

1. 🔎Which platforms can I trade on with ThreeTrader?

   ThreeTrader offers MetaTrader4 (MT4) from MetaQuotes, the world’s most proven trading platform. The dedicated app is compatible with all devices, including PCs, smartphones, and iPads.

   read more

2. 🔎What financial licenses does ThreeTrader hold?

   ThreeTrader is operated by “ThreeTrader Global Limited” and holds a financial license from the Vanuatu Financial Services Commission (VFSC). Financial license status can be checked on the VFSC official website.

   read more

3. 🔎Can I get support in Japanese at ThreeTrader?

   Yes, ThreeTrader offers support by email and live chat from Japanese staff. Support hours are from 7:00 to 20:00 Japan time on weekdays (Monday to Friday), and you can get a quick response during business hours.

   read more

4. 🔎Can you tell me more about ThreeTrader’s trading fees?

   At ThreeTrader, there are no fees for Pure Spread accounts, but the Raw Zero account charges a trading fee of $4 (400 yen) round trip per lot.

   read more

5. 🔎How many additional accounts can I open with ThreeTrader?

   ThreeTrader does not limit the number of live accounts that can be opened as additional accounts. Two types of trading fees are offered: Pure Spread Account and Raw Zero Account, so you can open as many of either account as you like.

   read more