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Triumph FX presents itself as a Chinese forex broker that provides its clients with supreme trading platforms and different kinds of trading assets. It hypes that it also offers up to 500:1 leverage and over low spreads.
Triumph FX advertises that it offers various trading instruments, including forex and precious metals.
There are only one trading account offered by Triumph FX, namely Standard account. The minimum initial deposit to start a standard account is $100, aligning with most brokers' requirements.
In terms of trading leverage, the maximum level offered by Triumph FX is quite generous, up to 500:1. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
The spreads in the Standard accounts start from 1 pip. More specific information about spreads and commissions is not involved directly on the website.
Trading Platform Available
When it comes to trading platforms available,Triumph FX gives traders a choice of Meta Trader 4, including desktop, web and mobile versions. MT4 is very popular and easy to use. It offers a number of technical analysis indicators, extensive back-testing options, advanced charting package, and wide range of Expert Advisors, which allow clients to fully automate their trades.
Deposit & Withdrawal
Triumph FX offers two payment options: telegraphic and wire transfer. There are no obvious options for using popular online payment platforms such as PayPal, Skrill, or Neteller. It is very important to note that all withdrawals are subjected to intermediary bank charges ranging from 25 USD to 75 USD per transaction.
Triumph FXs customer support can be reached through website: www.tfxi3.com.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.