Since Trust Garden‘s official website (https://www.trustgarden.net/clientzone/en/real) cannot be opened for now, we could only piece together this broker’s rough picture by gathering relevant information from other websites.
General Information
Trust Garden is a forex broker registered in Marshall Islands, offering its clients a series of trading services, such as forex, commodities, indices and more. Although Trust Garden provides the flexibility to choose from five trading accounts, the minimum deposit requirements are absurdly high, from€5,000.
It has been verified that Trust Garden is not subject to any regulation. Trading with an unregulated forex broker asking for high initial deposit is a surefire way to lose your money.
Account Types
Trust Garden offers its clients a total of five trading assets, namely Green, Premium, Platinum, Executive, and Presidential accounts. The minimum deposit required by each account on the Trust Garden platform is insanely high. To open the most basic account, the Green account, investors need to fund at least €5,000, which is ridiculously in comparison to most legit brokers requirements of less than $100 for this type of account.
The only reason is that this broker is ready to extract clients first deposits and then disappear.
Leverage
When it comes to trading leverage, Trust Garden allows its clients to use the maximum trading leverage up to 1:200, which is significantly higher than the appropriate amount considered by most regulatory authorities.
Trading leverage may increase your profits on one hand, but on the other hand, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is important for traders to choose the proper amount that they feel most at ease.
Spreads
Commission details are not disclosed, and spreads are determined by trading accounts. With this brokerage platform, the more account balance you hold, the more competitive spreads you are offered. The Green account offers wide spreads from 2.5 pips to 3 pips, and the Presidential account traders can enjoy the spreads from 0.5 pips to 1 pips.
Trading Platform
What Trust Garden offers is not the industry-leading MT4 or MT5 trading platform.
Customer Support
Traders can reach out to Trust Garden about any questions or concerns they may have about their accounts or their trading through the following methods:
Telephone: +44 -008-010-0802
Email: support@trustgarden.net
Registered Company Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Island MH96960
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
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