+357 25 030685
https://www.triomarkets.eu/en/
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+357 25 030685
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EDR FINANCIAL LIMITED
TrioMarkets
Cyprus
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Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
TrioMarkets Review Summary in 10 Points | |
Founded | 5-10 years |
Registered Country/Region | Cyprus |
Regulation | CYSEC |
Market Instruments | Forex, Indices, Metals, Cryptos, Energies and Shares |
Demo Account | N/A |
Leverage | 1:500 |
EUR/USD Spread | 0.3 pips |
Trading Platforms | MT4, Web Trader, Mobile Trading, and MAM/PAMM |
Minimum Deposit | $100 |
Customer Support | Live chat, online messaging, phone, email |
TrioMarkets is CYSEC-regulated online brokerage firm that offers 140+ trading instruments including Forex, indices, metals, cryptocurrencies, energies, and shares with various account types, leverage options, and trading platforms, including MetaTrader 4, Web Trader, Mobile Trading, and MAM/PAMM.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros | Cons |
• Regulated by CYSEC for security | • Limited selection of cryptocurrencies |
• Many years industry experience | • Higher minimum deposit for some accounts |
• Web pages support multiple languages | • Withdrawal fees for certain methods |
• Segregated client funds | • Limited availability of educational resources |
• Diverse tradable instruments | • Limited availability for some countries |
• Multiple account types to choose from | |
• Flexible leverage options | |
• Tight spreads | |
• Commission-free accounts available | |
• Multiple trading platforms available | |
• Social trading feature | |
• Acceptable minimum deposit | |
• Popular payment methods offered | |
• No fees on deposits | |
• Comprehensive customer support |
There are many alternative brokers to TrioMarkets depending on the specific needs and preferences of the trader. Some popular options include:
XM: a well-regulated and reputable broker, offering a wide range of trading instruments, competitive spreads, and excellent customer service, making it a suitable choice for traders of all levels.
IronFX: provides a comprehensive suite of trading services and a vast selection of financial instruments, making it a versatile option for traders looking for diverse opportunities in the financial markets.
XGLOBAL: provides a transparent and secure trading environment, along with competitive spreads and efficient execution, making it an attractive choice for traders looking for a reliable brokerage experience.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
TrioMarkets' regulation by the Cyprus Securities and Exchange Commission (CYSEC, No. 268/15) and its offering of Segregated Client Funds are positive indicators of a well-regulated and client-focused broker. Regulation by a reputable financial authority like CYSEC provides a level of oversight and protection for clients, ensuring that the broker operates in compliance with industry standards and regulations.
The practice of segregating client funds is another essential safety feature that helps protect clients' funds from being used for the broker's operational purposes. Segregated client funds are held in separate accounts from the broker's own funds, adding an extra layer of security for traders.
However, while these regulatory measures are positive aspects, it is essential to conduct thorough research and consider other factors when evaluating a broker's safety and legitimacy. Traders should also consider factors such as customer reviews, trading conditions, fees, and the broker's overall reputation in the industry.
To determine if TrioMarkets is safe for you, it is advisable to conduct due diligence, read reviews from other traders, and seek advice from trusted financial professionals. By gathering comprehensive information, you can make an informed decision about whether TrioMarkets aligns with your trading needs and risk tolerance.
TrioMarkets provides a diverse selection of over 140 tradable instruments, catering to the needs of various traders. The Forex market offers opportunities to trade major, minor, and exotic currency pairs, allowing traders to take advantage of global currency fluctuations.
Indices represent various market segments and provide traders with the chance to speculate on the overall performance of specific sectors or regions.
Precious metals, such as gold and silver, offer safe-haven options for investors seeking exposure to valuable commodities.
Cryptocurrencies provide opportunities to participate in the fast-growing digital asset space, with popular options like Bitcoin and Ethereum available for trading.
Energies, including crude oil and natural gas, allow traders to engage in the energy markets.
Finally, shares of well-known companies are available, providing access to the stock market for those interested in equity trading.
With this wide array of market instruments, TrioMarkets aims to accommodate diverse trading preferences and strategies, ensuring a comprehensive and satisfying trading experience for its clients.
TrioMarkets offers a range of account types to cater to traders with varying experience levels and trading preferences. The Basic account requires a minimum deposit of $100, making it accessible to traders starting with a smaller capital. As traders progress and seek more advanced trading conditions, the Standard account offers a higher minimum deposit of $5,000, providing enhanced features and benefits. The Advanced account, with a minimum deposit of $25,000, is designed for more experienced traders who require additional advantages and a wider range of services. For seasoned and high-volume traders, the Premium - ECN account offers the most comprehensive features and requires a minimum deposit of $50,000.
With these account options, TrioMarkets aims to provide tailored trading experiences, allowing traders to select an account type that aligns with their trading style, risk appetite, and level of expertise.
TrioMarkets provides varying leverage levels across different asset classes, allowing traders to optimize their trading strategies and manage risk effectively. For Forex trading, the broker offers a high leverage of up to 1:500, enabling traders to control larger positions with a relatively smaller initial investment. Indices and metals come with a leverage of 1:100, offering a balanced level of borrowing power for traders seeking exposure to these markets.
Cryptocurrencies, known for their inherent volatility, have a leverage of 1:2, reflecting the higher risk associated with these assets. Energies, such as crude oil and natural gas, offer a leverage of 1:50, allowing traders to participate in the energy markets with a moderate level of leverage. Finally, shares, representing ownership in companies, come with a leverage of 1:5, offering a more conservative approach for trading equities.
With these diverse leverage options, TrioMarkets aims to accommodate various trading preferences and risk management strategies for its clients. Traders should be mindful of the risks associated with leverage and use it responsibly in their trading activities.
TrioMarkets offers a range of spreads and commissions tailored to each account type, providing traders with flexibility and choices based on their trading preferences. The Basic account features spreads starting from 2.4 pips, offering accessible trading conditions for beginners. Traders opting for the Standard account can benefit from tighter spreads, starting from 1.4 pips, enhancing trading efficiency. The Advanced account further improves trading costs with spreads starting from 1.1 pips, providing more competitive conditions for experienced traders. For the Premium - ECN account, spreads are as low as 0.0 pips, offering institutional-grade trading conditions for high-volume and professional traders.
Notably, there are no commissions charged for the Basic, Standard, and Advanced accounts, making these account types commission-free. However, Premium - ECN account holders have to pay a commission of $4 per side, compensating for the ultra-low spreads and direct access to liquidity.
This tiered approach allows TrioMarkets to cater to traders with different preferences and trading volumes, ensuring a suitable trading environment for various market participants.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
TrioMarkets | From 1.4 pips (Std) | 0 (Std) |
XM | From 1 pip (Std) | 0 (Std) |
IronFX | From 1.2 pips (Std) | $18/lot (Live Zero Fixed Spread) |
XGLOBAL | From 1 pip (Std) | 0 (Std) |
Note: The information presented in this table may be subject to change and it is always recommended to check with the broker's official website for the latest information on spreads and commissions.
TrioMarkets provides its clients with a diverse selection of trading platforms, catering to different trading styles and preferences. The MetaTrader 4 (MT4) platform, a popular choice among traders worldwide, offers a user-friendly interface, advanced charting tools, and a wide range of technical indicators. With MT4, traders can execute trades seamlessly and access various order types to implement their strategies effectively.
The Web Trader platform allows traders to access their accounts and trade directly from their web browsers without the need to download or install any software. This option is convenient for those who prefer trading on the go or from different devices.
Mobile Trading applications are available for both iOS and Android devices, enabling traders to monitor their positions, place trades, and manage their accounts on smartphones and tablets.
Additionally, TrioMarkets offers MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) solutions, designed for money managers and investors to participate in managed accounts, allowing for efficient portfolio management and fund allocation.
This comprehensive selection of trading platforms ensures that TrioMarkets clients have the flexibility and tools they need to access the markets and trade with ease, regardless of their preferred device or trading style.
See the trading platform comparison table below:
Broker | Trading Platform |
TrioMarkets | MT4, Web Trader, Mobile Trading, and MAM/PAMM |
XM | MT4, MT5, own platform |
IronFX | MT4, WebTrader |
XGLOBAL | MT4, MT5 |
TrioMarkets offers social trading as an innovative feature that allows traders to connect and interact with other investors in a collaborative trading environment. Through the social trading platform, traders can follow and copy the trades of experienced and successful traders, known as signal providers. This feature enables less experienced traders to learn from the strategies and expertise of others, potentially improving their own trading performance.
Social trading also fosters a sense of community, where traders can share ideas, insights, and market analyses, creating a collaborative and knowledge-sharing community. Additionally, signal providers can earn rewards and incentives when their trades are copied, providing an opportunity for skilled traders to monetize their expertise.
With social trading, TrioMarkets aims to bridge the gap between experienced and novice traders, fostering a supportive and engaging trading environment that benefits all participants.
TrioMarkets offers a range of convenient payment options for both depositing and withdrawing funds from trading accounts. For deposits, clients can choose from methods like Wire Transfer, SEA Solutions, Visa, MasterCard, and Neteller, with no additional fees charged. The minimum deposit amount varies depending on the chosen payment method.
TrioMarkets | Most other | |
Minimum Deposit | $100 | $100 |
Similarly, withdrawals can be made using the same methods as deposits, with the addition of SEPA for added flexibility. Withdrawal fees differ based on the method used, with TrioMarkets charging a 1% fee for Visa, MasterCard, and Neteller withdrawals, a 1.5% fee for Wire Transfers (with a minimum of $25 and maximum of $50 base currency), and a fixed fee of €5 for SEPA transfers.
The processing time for deposits is typically instant, ensuring quick access to trading funds, while withdrawals take 1-3 working days for processing.
Notably, TrioMarkets requires that the initial deposit payment method be used for subsequent withdrawals, ensuring secure and straightforward transactions. If the withdrawal amount exceeds the initial deposit, the remaining funds are transferred via bank wire.
With this comprehensive range of deposit and withdrawal options, TrioMarkets aims to offer traders flexibility, ease of use, and efficient processing for all financial transactions.
TrioMarkets provides a comprehensive customer service experience, ensuring clients can easily get in touch with the support team whenever assistance is needed. The broker offers various communication channels, including live chat and online messaging, for immediate and real-time responses to inquiries.
For those who prefer a more direct approach, phone: +44 20 376 936 49 support is available with an international contact number, allowing clients to speak with a representative directly. Additionally, clients can reach out to the support team via email: info@triomarketsglobal.com for more complex or detailed questions.
TrioMarkets also maintains an active presence on popular social media platforms, such as Twitter, Facebook, Instagram, YouTube, and LinkedIn, allowing clients to stay updated on the latest news, market insights, and announcements.
This comprehensive approach to customer service demonstrates TrioMarkets' commitment to providing reliable and accessible support to its clients, enhancing the overall trading experience and fostering a strong client-broker relationship.
TrioMarkets offers a helpful and user-friendly education section to empower traders with essential knowledge and insights. The Glossary provides a comprehensive collection of financial and trading terms, helping traders understand the terminology used in the markets. This resource is particularly valuable for beginners and those new to trading, as it demystifies complex terms and concepts.
Additionally, the FAQ section addresses common questions and concerns frequently raised by traders, offering clear and concise answers to assist clients in navigating various aspects of their trading journey.
By providing these educational resources, TrioMarkets aims to equip traders with the necessary tools and understanding to make informed decisions, build their trading skills, and enhance their overall trading performance. This commitment to education underscores TrioMarkets' dedication to supporting its clients and fostering a successful trading experience for all.
In conclusion, TrioMarkets is a regulated and reputable brokerage firm that offers a wide range of financial services and trading instruments to clients worldwide. With its well-regulated status under CYSEC, clients can trade with confidence, knowing their funds are secure. The broker's diverse selection of over 140 tradable instruments, including Forex, indices, metals, cryptocurrencies, energies, and shares, caters to a variety of trading preferences and strategies.
TrioMarkets provides multiple account types, flexible leverage options, and various trading platforms, including MetaTrader 4, Web Trader, Mobile Trading, and MAM/PAMM, ensuring traders have ample choices for their trading needs. The social trading feature allows less experienced traders to learn from successful investors, enhancing their trading knowledge and performance.
TrioMarkets also places strong emphasis on customer service, providing accessible support through live chat, phone, and email, along with a significant presence on various social media platforms to keep clients informed. Additionally, the education section with a glossary and FAQ is a valuable resource for traders, helping them navigate the financial markets with more confidence.
Overall, TrioMarkets demonstrates a commitment to providing a reliable and user-friendly trading experience, making it a suitable option for traders of all levels. However, traders should always conduct thorough research and consider their individual trading needs before choosing a broker.
Q 1: | Is TrioMarkets regulated? |
A 1: | Yes. It is regulated by Cyprus Securities and Exchange Commission (CYSEC, No. 268/15). |
Q 2: | At TrioMarkets, are there any regional restrictions for traders? |
A 2: | Yes. It does not provide services to residents of the United States of America, State of Israel, Islamic Republic of Iran, Romania, Republic of Indonesia and Democratic Peoples Republic of Korea (DPRK): The distribution is not addressed to the Belgian public. |
Q 3: | Does TrioMarkets offer the industry leading MT4 & MT5? |
A 3: | Yes. It supports MT4, Web Trader, Mobile Trading, and MAM/PAMM. |
Q 4: | What is the minimum deposit for TrioMarkets? |
A 4: | The minimum initial deposit to open an account is $100. |
Q 5: | Is TrioMarkets a good broker for beginners? |
A 5: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. |
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