TradeApp

TradeApp is a Cyprus-based proprietary trading firm that offers traders the opportunity to manage funded accounts after passing evaluation challenges. Founded in 2019, the firm operates through Spartum Tech Limited and markets itself as a gateway to professional trading capital. With a strong focus on platform usability and a structured tier system, TradeApp targets experienced traders willing to prove their skills in a controlled environment.

TradeApp’s legal entity, Spartum Tech Limited, is registered in Nicosia, Cyprus, at Arch. Makariou Ill, 66, Cronos Court, 8th Floor, Office 82. The company was incorporated on June 4, 2019. Public records indicate the firm has no employees listed, which may reflect a lean operational structure or reliance on outsourced services. Its physical presence appears limited to a registered office address typical of corporate service providers in Cyprus.

The firm positions itself as a prop trading firm rather than a traditional forex broker. Unlike conventional brokers that earn through spreads and commissions on retail trades, TradeApp’s model revolves around evaluating traders who then receive a share of profits on funded accounts. This distinction is important for understanding its account structure and fee approach.

TradeApp operates under two regulatory licenses. The primary license is issued by the Cyprus Securities and Exchange Commission (CySEC) under number 161/11, authorizing Spartum Tech Limited as a derivatives trading firm. CySEC regulation ensures compliance with the Markets in Financial Instruments Directive (MiFID II), which mandates client fund segregation, negative balance protection, and participation in the Investor Compensation Fund (ICF) up to €20,000 per client.

The firm also holds a license from the Financial Sector Conduct Authority (FSCA) in South Africa (number 47709) for derivatives trading. While the FSCA is a reputable regulator, the South African license is typically used to serve clients outside the European Economic Area, as it offers a different regulatory framework. Together, these licenses provide a dual layer of oversight, though the firm’s main protection for EU clients stems from CySEC.

TradeApp structures its offering around four evaluation program tiers, each named to reflect the trader’s experience level and capital allocation. The Beginner account requires a minimum deposit of $5,000, offering the lowest entry point. The Intermediate account steps up to $10,000, followed by the Advanced account at $25,000, and the Master tier at $50,000. These sums are not trading deposits in the traditional sense; they represent the capital a trader will manage after passing the evaluation.

The company does not disclose specific leverage, spreads, or commission structures for these accounts. This lack of transparency is not uncommon among prop firms, as the focus is on profit splits rather than per-trade costs. Traders accepted into the program typically receive a performance-based share of profits, with the exact split detailed in the challenge terms.

TradeApp provides a proprietary trading platform, simply called TradeApp, available on desktop and mobile devices. The platform is designed to be intuitive and fast, with a clean interface and advanced charting tools. User reviews consistently point to the platform’s ease of use as a key strength, noting that it avoids the clutter of some traditional broker platforms. The firm does not offer MetaTrader 4 or MetaTrader 5, relying entirely on its in-house solution to deliver the trading experience.

Details on accepted deposit and withdrawal methods are not publicly listed on TradeApp’s materials. However, user reviews indicate that funding and withdrawals are straightforward, with no hidden fees. One reviewer explicitly stated, 'No hidden fees, no hidden rules. If you follow what they say, you’re good for getting funded and start trading.' The reliability of payouts appears to be a positive point in the user record, though the firm’s official documentation remains silent on processing times and supported methods.

TradeApp is best suited for experienced traders who are comfortable with high capital commitments and the challenge-based model of proprietary trading. The minimum entry of $5,000 excludes casual or beginner retail traders. The firm appeals to those who value a streamlined, user-friendly platform and a transparent rule set over the complex fee structures of traditional brokers. Traders seeking a regulated environment with investor compensation protections will find the CySEC license reassuring, while those looking for a wide range of tradable instruments may need to look elsewhere given the limited disclosure on assets.