## ThreeTrader's Reputation is Overwhelmingly High for its "Low Costs"
ThreeTrader is an overseas FX broker established in 2021 that has gained overwhelming support for its **industry-leading narrow spreads** and **low trading costs**. It has received a Google review rating of 4.9/5, and is particularly highly rated by scalpers and EA traders.
### Basic Specifications
| Item | Content |
|——|——|
| Established | 2021 |
| Operating Company | ThreeTrader Global Limited |
| Financial License | VFSC #40430 / Mauritius FSC GB24203958 |
| Maximum Leverage | 1,000x |
| Products | FX / Precious Metals / Energy / Stock Indices / Cryptocurrency CFD |
| Trading Tools | MT4 / MT5 |
| Zero Cut | Implemented |
| Minimum Deposit | 10,000 JPY / 100 USD |
| Execution Method | ECN (NY4 Server) |
| Overall Rating | 4.2 / 5.0 |
### merit
#### 1. Industry's narrowest spreads + lowest fees
With a Raw Zero account, spreads start at 0.0 pips, and commissions are significantly cheaper than other companies' ECN accounts (round trip $6-$7), at 200 yen/$2 one way (round trip $4/lot). The total cost of spreads and commissions is among the lowest in the industry
#### 2. Fast withdrawals + no fees
All withdrawal methods are free of charge. Withdrawals via bitwallet arrive instantly or within a few hours, and domestic bank transfers arrive within 1-2 business days. There have been no reports of withdrawal rejections, making it highly reliable
#### 3. Rewards Program
Points are automatically added simply by trading, and can be exchanged for items such as an iPhone 16, a Tudor watch, or a $10 cashback. The more trading volume you have, the greater the benefits
#### 4. Google Review 4.9/5
With a 97% live chat satisfaction rate and a Google review rating of 4.9/5, it boasts high customer satisfaction. Comprehensive Japanese language support is also available
### Disadvantages
#### 1. Modest bonus
There is no account opening bonus, and the first deposit campaign offers a modest 3,000 yen. If bonuses are your priority, XM or BigBoss would be more suitable
#### 2. Short operating history
Established in 2021, it's only been around for five years. Compared to established brokers with over 10 years of operating experience, its history is quite short
#### 3. The license is minor
VFSC + Mauritius FSC only. Does not hold Tier-1 licenses such as CySEC or FCA
### Good reputation
- "With a Raw Zero account, it's common to see USD/JPY trades of 0.1 pips. Even with fees, it's cheaper than other companies."
- "I applied for bitwallet and the money arrived in 3 hours. There were no fees, so I have no complaints."
- "It's ideal for EA trading. Because the costs are low, it's easier to retain profits from scalping EAs."
- "I got an iPhone just by trading normally through their points program."
### Bad reputation
- "There are almost no bonuses. I switched from XM, but that's the only thing I'm disappointed with."
- "It's difficult to deposit large sums of money with only a Vanuatu license."
- "The requirement of a 10,000 yen initial deposit is a hurdle for complete beginners."
### Account Type Comparison
| Account Type | Spread | Commission | Recommended |
|———–|———–|———–|———|
| Pure Spread Account | 0.5 pips ~ | Free | For beginners and those who find commission calculations troublesome |
| Raw Zero Account | 0.0 pips ~ | $2/lot one way | For scalpers, EAs, and those who prioritize cost |
### ThreeTraders is recommended for people like this
– **Prioritizing Transaction Costs**: For those seeking the narrowest spreads in the industry and the lowest fees
– **Scalping**: For those who want to trade short-term in a low-cost environment
– **EA Operation**: Ideal for cost-conscious automated trading
– **Intermediate to Advanced**: For those who prefer to choose based on actual costs rather than bonuses
## Benefits of using MoneyChat
– **Cashback**: Automatically credited for each trade (available for all account types)
– **Additional Benefits**: OMEGA EA, AI Copy Trading, Tenkaichi Budokai, Gacha, etc.
– **Double Support**: ThreeTrader support + MoneyChat Japanese support
– **Same Trading Conditions**: Exactly the same conditions as official direct registration
**Risk Warning**: Forex trading involves risks. Please invest only with funds you can afford to lose
