12Trader Review 2021

12Trader is a regulated online broker offering trading in forex & CFDs.

12Trader is broker that gives traders access to Forex, CFDs, indices, stocks, commodities, cryptocurrency. Surprisingly, 12Trader does not support either of the enormously popular MetaTrader platforms (4 and 5).

In terms of features offered to traders, 12Trader has Demo Accounts, Islamic Accounts, Social Trading and Signals but is missing Auto Trading.

12Trader also gives traders access to 3 cryptocurrencies: BTC, XRP and LTC.

Careful traders will be reassured knowing that 12Trader is licensed to offer trading services by several regulators, 2 in fact. Note, however, that the FCA here in the UK is not among the list of overseeing regulators. Careful traders might want the extra safety of going with an FCA-regulated broker.

12Trader Summary

12Trader is a regulated online broker offering trading in forex & CFDs.

Ratings

40%
Trust
66%
Instruments
57%
Features
BonusNone
InstrumentsForex, CFDs, indices, stocks, commodities, cryptocurrency
Demo Account
Min. Deposit$500
Min. Trade0.01 lots
Regulated ByCySEC, VFSC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals Yes - daily
Social Trading
Copy Trading
Islamic Account

CFD Trading

CFDs available on indices, stocks, FX, commodities, and crypto pairs

Leverage1:400
FTSE Spread1
GBPUSD Spread0.6
Oil Spread0.05
Stocks SpreadVariable

Forex Trading

Forex trading on dozens of majors, minors and exotics

GBPUSD Spread0.5
EURUSD Spread0.6
EURGBP Spread0.5
Assets41

Cryptocurrency Trading

Trade cryptocurrency CFDs

SpreadVariable
CoinsBTC, XRP, LTC

Payment Methods

12Trader accepts the following payment methods:

  • PayPal
  • Neteller
  • Skrill
Risk Warning – Your capital is at risk

FAQ

Is 12Trader Safe?

Yes, most likely, as we gave 12Trader a trust score of 40% in our review. The main negative factor in this score is that 12Trader is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.

Does 12Trader Accept PayPal?

Yes, 12Trader does accept PayPal payments.

Is 12Trader Halal?

Yes, 12Trader does offer an Islamic trading account and should thus be Halal to trade with.

Is 12Trader Regulated?

Yes, 12Trader is regulated by 2 different regulators: CySEC and VFSC.

The fact that 12Trader is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.

12Trader vs Other Brokers

If you want to compare 12Trader with other brokers, use the detailed comparisons below.

12Trader vs
12Trader is a regulated online broker offering trading in forex & CFDs.