TradeMate is a "let the software help you trade" platform made for everyday investors. After testing it ourselves, we give it A-. The app is the best part — everything is where you'd expect it. Full details are below.
Best for: People who are just starting out who want a friendly place to start and don't want to pay extra fees.
Not for: Heavy currency traders, as a general app isn't the cheapest choice for that.
TradeMate is among the rare trading apps that put its money into being reliable — things like safety and clear pricing — instead of flashy advertising. Based on our months of testing, we land on A-.
The one thing we'd change is the price of some extras that are higher than the best rivals. The good news is these are easy for the company to fix — the app itself is solid.
Making a trade is easy. When we tried it, everything went through without fuss and prices were fair, sometimes even a little better than other apps.
For everyday stock trades, it does the job well. More advanced trades weren't always as quick — but most people won't notice.
Stock trades cost you nothing — nothing per trade. That's the good part.
Where it costs a bit more are certain extras, that are pricier than some rivals. None of it is hidden, so nothing sneaks up on you.
The mobile app is the standout. Everything is easy to find, even on day one.
The app also comes with helpful information — clear charts, company details, and news — with the sources shown. The computer version works too, though the app is the star.
This is where the platform earns trust. Your cash is stored separately, which protects you if anything goes wrong.
The platform is watched by independent regulators and passes independent security checks. For crypto, a licensed partner looks after it — which is worth knowing.
Overall, we're happy to give TradeMate a score of A- for everyday investors. It nails what matters: easy, trustworthy, and clear.
For a perfect score, TradeMate mainly needs cheaper extras. We'll revisit this and update this review if things change.
Yes. You can transfer your investments over, and TradeMate often refunds the exit fee your old app charges up to a limit. Expect a few days for it to finish.
For simple day-to-day trades, it's fine. For complex trades, it can be a little slower. Full-time forex traders might prefer a specialist app.
Yes. Your cash is stored separately, so it's protected if the company ever fails. Regulators and independent auditors also keep watch.
Yes, any time. There are no lock-ups. Cash-outs clear within a business day, with no fee from the platform.
You can open a standard account, plus tax-friendly retirement accounts. It only takes a few minutes, with a short wait for certain types.
No. TradeMate lists its fees clearly — nothing sneaky. A couple of extras cost a bit more, but they're all shown before you pay.
From add-on services, like optional upgrades, plus interest on cash held in accounts. Regular stock trades stay free.
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