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    TriumphFX

    Scam Brokers
    |
    5-10 years
    |
    Regulated in Germany
    |
    Retail Forex License

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10

    License Index

    0.0

    Business Index

    6.94

    Risk Management Index

    0.0

    Software Index

    7.02

    Regulatory Index

    0.0

    Licenses

    Federal Financial Supervisory Authority

    Retail Forex License

    BaFin Regulated

    Cyprus Securities and Exchange Commission

    Straight Through Processing(STP)

    CYSEC Regulated

    Financial Conduct Authority

    European Authorized Representative (EEA)

    FCA Revoked

    Vanuatu Financial Services Commission

    Retail Forex License

    VFSC Revoked

    Overview

    • Company Name:

      Triumph Int Limited
    • Company Abbreviation:

      TriumphFX
    • Place of registration:

      TriumphFXVanuatu
    • Regulatory Status:

      Scam Brokers
    • Customer Service Email Address:

      support@triumphfx.com
    • Customer Service Phone Number:

      +35725030337
    • Company summary

      TriumphFX was founded in 2009 and is based in Cyprus, providing professional online trading services to investors, traders, and institutional clients through a robust NDD and STP order processing model. TriumphFX holds an STP license from the UK Financial Conduct Authority (registration no.293/16) and a retail forex license from Federal Financial Supervisory Authority (registration no.151993). About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    Warning: This platform is a Ponzi Scheme. Please stay away!

    Previous Detection: 2021.04.23 Risk: 5 Item

    • This broker bas been verified to be illegal and all of its licences have been expired, and it has been listed in WikiFX's Scam Brokers list; please be aware of the risk!
    • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
    • VanuatuVFSC (license number: 17901) The regulatory status is abnormal, the official regulatory status is Revoked, please be aware of the risk!
    • United KingdomFCA (license number: 763697) The regulatory status is abnormal, the official regulatory status is Revoked, please be aware of the risk!
    • The VanuatuVFSC regulatory with license number: 17901 is an offshore regulatory, please be aware of the risk!

    WikiFX Verification

    WikiResearch

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Brand Launch

    • Search Source

    • Language

    Last Updated Time 2021-04
    Federal Financial Supervisory Authority

    Federal Financial Supervisory Authority (BaFin)

    Prior to 2002, in Germany the regulation of the financial industry was undertaken by three separate agencies. In May 2002 BaFin was formed, following the passing of the Financial Services and Integration Act. The aim of the Act and the merging of the three agencies was to create one integrated financial regulator that would be able to cover all financial markets. The agencies that merged together were the Federal Banking Supervisory Office, the Federal Supervisory Office for Securities Trading, and the Federal Insurance Supervisory Office.BaFin was given further responsibility following the passing of the Banking Act in 2003 with the aim of increasing customer protection and improving the reputation of the German financial system. The extra powers included monitoring the credit-worthiness of financial institutions and collecting detailed information about them. This particular area of responsibility was shared with the Bundesbank. Currently, BaFin is experiencing a kind of transition, as the responsibility for banking supervision is being taken over by the European Central Bank.

    • Licensed Institution :

      Triumph Int. (Cyprus) Limited

      Effective Date :

      2018-04-23
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      Lophitis International Center, 2nd Floor, Corner of Soteri Michaelidi and 28th October steet 3035 Limassol

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      TriumphFX BaFin 牌照 View Certified Documents
    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

    • Licensed Institution :

      Triumph Int. (Cyprus) Limited

      Effective Date :

      2016-01-22
    • Email Address of Licensed Institution :

      compliance@triumphfx.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.triumphfx.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      Corner Sotiris Michailidis and October 28, Lophitis International Center, 3035 Limassol

      Phone Number of Licensed Institution :

      35725030337
    • Licensed Institution Certified Documents :

      TriumphFX CySEC牌照 View Certified Documents Triumph Int. (Cyprus) Ltd CySEC监管信息截图20200611 View Certified Documents
    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      Triumph Int. (Cyprus) Limited

      Effective Date :

      2016-12-06
    • Email Address of Licensed Institution :

      compliance@triumphfx.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.triumphfx.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      Corner of Soteri Michaelidi 28th October Street3035 Limassol-CYPRUS

      Phone Number of Licensed Institution :

      35725030337
    • Licensed Institution Certified Documents :

      Triumph Int. (Cyprus) Limited FCA监管信息截图20200611 View Certified Documents TriumphFX FCA牌照 View Certified Documents 763697 fca20210120更新 View Certified Documents
    Vanuatu Financial Services Commission

    Vanuatu Financial Services Commission (VFSC)

    The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, the VFSC was the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management. The VFSC has set up four departments, namely Corporate Services, Legal Enforcement & Insolvency, Supervision and Registration.

    • Licensed Institution :

      TRIUMPH INT. LIMITED

      Effective Date :

      2017-04-26
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      TriumphFX监管截图 View Certified Documents

    TriumphFX · MT4/5

    Identification Result

      TriumphFX · Website

      Most visited countries/areas

          No content

          No data

          Load failure

          Load failure

          TriumphFX· Genealogy

          TriumphFX · Clones

          TriumphFX · Market Analysis

          The data are from WIKI Research    2021.04.23 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          TriumphFX · Survey×

          Special Note

          ×
          TriumphFX

          1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

          1.pngWikiFX will not disclose your personal information to third parties.

          1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

          1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

          根據香港證券及期貨事務監察委員會的規定

          為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

          Alternate Text

          Data Sources WikiResearch 2021.04.23 Update

          数据样本不足

          Data Sources WikiResearch 2021.04.23 Update

          TriumphFX · Chart
          Date

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by VPS
          富拓 · 外链汇总

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.04.23 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          TriumphFX
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          Confirm
          TriumphFX · Company summary

            General Information & Regulators of TriumphFX

            TriumphFX was founded in 2009 and is based in Cyprus, providing professional online trading services to investors, traders, and institutional clients through a robust NDD and STP order processing model. TriumphFX holds an STP license from the UK Financial Conduct Authority (registration no.293/16) and a retail forex license from Federal Financial Supervisory Authority (registration no.151993).

            Safety Analysis of TriumphFX

            TriumphFX is regulated by CySEC, the first-tier regulatory body that regulates Forex trading, which means that the safety of TriumphFX clients' funds is protected. However, many investors have recently complained about the difficulty of withdrawing funds from the platform, so investors need to be careful when using the TriumphFX broker.

            Market Instruments of TriumphFX

            TriumphFX offers investors a small range of trading instruments, mainly over 60 pairs of the most popular major currency pairs in the Forex market, minor currency pairs, exotic currency pairs, as well as gold and silver.

            Accounts & Leverage of TriumphFX

            To meet the investment needs and trading experience of different investors, TriumphFX offers three different types of accounts, namely Classic Accounts, Gold Accounts, and Premium Accounts. The base currencies of the accounts are EUR, USD, and GBP, and the minimum trade lot size is 0.01. All three types of accounts have leverage of 1:30, with a maximum leverage of 1:100 for currency pairs and up to 1:100 for gold and silver. Traders can adjust the leverage according to their knowledge and experience, and professional clients can trade with a maximum leverage of 1:500.

            Spreads of TriumphFX

            The minimum spread on the TriumphFX platform is 0.4 pips for EURUSD, 0.1 pips for EURGBP, 1.2 pips for GBPUSD, 0.8 pips for USDJPY, 1.7 pips for XAUUSD, and 1.7 pips for XAGUSD.

            Trading Platform Available of TriumphFX

            TriumphFX offers traders the flexibility to choose from the market-leading and widely acclaimed MT4 trading platform, as well as MT4 Windows, MT4 iOS, and MT4 Android. MT4 is known as the ideal forex trading platform with powerful charting and data analysis tools, an intuitive and clear interface, and support for EA intelligence. MT4 is able to develop suitable trading strategies for traders of different levels, helping traders to trade with ease.

            Deposit and Withdrawal of TriumphFX

            TriumphFX supports clients to deposit and withdraw funds to their investment accounts via VISA & MasterCard wire transfer, NETELLER, Skrill, AstroBank. The minimum deposit amount is 100 EUR/USD/GBP. Users who deposit funds via VISA & MasterCard pay a fee of 2 EUR/$3/£2. Traders withdrawing funds via Skrill & NETELLER pay 1% commission, and withdrawing funds via VISA & MasterCard pay 2 EUR/$3/£2.


          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          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.