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/10

Trubluefx

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://trubluefx.com/

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Contact

https://trubluefx.com/
1st Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
2-5 years
Company Name
Ares Global LLC
Email
contact@trubluefx.com
Company Website
Address
1st Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia
Verified Site
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Official Website

Verified Site

  • trubluefx.com
    159.223.23.14
    Server Location
    Germany Germany
    ICP Registration No.
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Trubluefx

Related Companies

Ares Global LLC(Wyoming (United States))
United States
Ares Global LLC(Wyoming (United States))
Active
United States
Registration No.2020-000949910
Est. Date
SourceWebsite Announcement
Employees

Company Profile

Company Profile

Review summary

Risk Warning

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.

General Information & Regulation

Feature Detail
Regulation No regulation
Market Instrument FX and CFDs on Indices, Commodities, and Cryptocurrencies
Account Type Trading Account and Managed Account
Demo Account yes
Maximum Leverage N/A
Spread N/A
Commission N/A
Trading Platform MetaTrader5 for Windows, iOS, Android and Mac
Minimum Deposit N/A
Deposit & Withdrawal Method Wire Transfer, Cryptocurrencies

Trubluefx, a trading name of Ares Global LLC, is allegedly a forex and CFD broker registered in Saint Vincent and the Grenadines that claims to provide its clients with various tradable financial instruments on the MT5 trading platform. Here is the home page of this brokers official site:

home page

As for regulation, it has been verified that Trubluefx currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.12/10. Please be aware of the risk.

General Information & Regulation

Note: The screenshot date is January 11, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

Trubluefx advertises that it offers access to a wide range of trading instruments in financial markets, including FX and CFDs on Indices, Commodities, and Cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Tether (USDT) and more.

Account Types

Trubluefx claims to offer demo accounts, Trading Account and Managed Account. It seems that no minimum deposit requirement.

Trading Platform Available

The platform available for trading at Trubluefx is one of the most notable and preferred trading platforms the market offers - MetaTrader5 for Windows, iOS, Android and Mac, which is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT5 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

Trubluefx says to support Wire Transfer (accept EUR as Fiat currency) and Cryptocurrencies ( fund your account with BTC, ETH and USDT). It does not take any deposit fees, however, it may happen that your bank or intermediate banks charge some fees. When you deposit in Cryptocurrencies, blockchain fees will occur and must be paid by the sender.

Customer Support

Trubluefxs customer support can be reached by email: support@trubluefx.com or leave messages online to get in touch. Registered office: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Pros & Cons

Pros Cons
• Multiple trading assets offered • No regulation
• Demo accounts available • No information on trading costs
• MT5 supported

Frequently Asked Questions (FAQs)

Q 1: Is Trubluefx regulated?
A 1: No. It has been verified that Trubluefx currently has no valid regulation.
Q 2: At Trubluefx, are there any regional restrictions for traders?
A 2: Yes. The information on Trubluefxs site is not directed at residents of the United States.
Q 3: Does Trubluefx offer demo accounts?
A 3: Yes.
Q 4: Does Trubluefx offer the industry-standard MT4 & MT5?
A 4: Yes. Trubluefx offers MetaTrader5 for Windows, iOS, Android and Mac.
Q 5: Is Trubluefx a good broker for beginners?
A 5: No. Trubluefx is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency.

Company Profile

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

WikiFX Review: Something You Need to Know About Trubluefx

Exposure WikiFX Review: Something You Need to Know About Trubluefx

A forex broker called Trubluefx recently caught our eye; it is the trading name of the company Ares Global LLC. However, some sources said that this broker is actually run by the same group that is behind the Ponzi scheme at Traders Domain. What is the truth here?

Wiki Q&A

What is the regulatory status and risk profile of Trubluefx?

Trubluefx, operating as Ares Global LLC, is an unregulated entity that lacks oversight from any recognized financial authority, which significantly elevates the risk profile for client funds. Its WikiFX score of 1.45 out of 10 directly reflects this severe lack of supervision and protection. No specific trading conditions, such as minimum deposit or leverage, are publicly disclosed by the broker.

04-02
United States

Is Trubluefx regulated?

No, Trubluefx does not hold any valid forex trading licenses from mainstream regulatory bodies. The broker's legal entity, Ares Global LLC, is registered in Saint Vincent and the Grenadines, a jurisdiction that does not provide regulatory oversight for forex trading activities, meaning it operates entirely without investor protection schemes.

04-02
United States

Where is Trubluefx registered?

The broker is registered in Saint Vincent and the Grenadines under the legal name Ares Global LLC. It has been in operation for an estimated 2 to 5 years. Registration in this jurisdiction does not confer any financial regulatory licensing or supervision for its trading services.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
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