Last year Stratos, known for the FXCM retail forex trading platform, launched Tradu for stock and multi-asset trading. Now Tradu has unveiled a crypto trading offering, aiming to compete on low fees and other features. Jefferies owned 49.9% of Stratos, but that recently increased to 100% following a debt default, which ceded the balance to Jefferies.
Tradu charges 0.1% in crypto commission with rebates for larger trades. This is equivalent to Binance, which offers one of the best rates on the market. It is considerably lower than rates charged by Coinbase and other competitors. In addition with the Stratos history in retail trading platforms, it provides support and transparency around fees.
“We are bringing institutional-grade pricing and infrastructure to the retail crypto market, providing traders with upfront costs and tight, transparent spreads enabling active traders and investors to maximise their returns,” said Brendan Callan, CEO of Tradu.
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