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True Trading Group

United States|2-5 years|
Suspicious Regulatory License|High potential risk|

https://truetradinggroup.com/

Website

Rating Index

Influence

Influence

B

Influence index NO.1

United States 8.15

Surpassed 76.75% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+1 (855) 878-8723
info@truetradinggroup.com
https://truetradinggroup.com/
https://www.facebook.com/truetradegroup

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+1 (855) 878-8723

Broker Information

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Company Name

True Trading Group, LLC

Company Abbreviation

True Trading Group

Platform registered country and region

United States

Company website
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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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True Trading Group · Company Summary

Aspect Information
Company Name True Trading Group
Registered Country/Area United States
Founded year 2020
Regulation Not Regulated
Market Instruments Educational courses, Live trading room, Trading alerts, Trading simulator, Trading simulator
Account Types TTG member
Trading Platforms Web-based platform
Demo Account A 7-day trial of its platform for only $3
Customer Support Phone: +1 (855) 878-8723 Email: info@truetradinggroup.com
Deposit & Withdrawal Payment methods include Stripe, PayPal Standard, credit/debit card
Educational Resources Video courses, webinars, live sessions, articles, trading simulator, community forums

Overview of LONGFUAN

True Trading Group, founded in 2020 and based in the United States, offers a variety of trading resources primarily through its web-based platform. While the company is not regulated, it provides a range of educational resources and tools to assist traders in improving their skills and knowledge. Market instruments include educational courses, a live trading room, trading alerts, and a trading simulator, satisfying traders of all levels. Account types are tailored under the designation of “TTG member,” while customer support is available via phone and email. Payment methods encompass Stripe, PayPal Standard, and credit/debit cards. Educational resources offered by True Trading Group include video courses, webinars, live sessions, articles, a trading simulator, and community forums. Additionally, the platform offers a 7-day trial for $3, allowing users to experience its features firsthand.

Overview of LONGFUAN

Pros and Cons

Pros Cons
Educational Resources: Extensive library of courses, webinars, live sessions, and articles covering various trading topics. Not Regulated: Lacks oversight from financial authorities, increasing risk and requiring extra caution.
Market Instruments for Various Styles: The platform satisfies different trading styles by offering educational resources and tools applicable Educational Focus: Primarily intended for educational purposes, not financial advice or guaranteed profitability.
User-Friendly Platform: True Trading Group's web-based platform offers convenient access from any device with an internet connection. Limited Account Types: Only one main account type (“TTG member”) with fixed features and costs.
Customer Support: Phone and email support available. Potential High Cost: Annual membership fee can be expensive.
7-Day Trial: Affordable way to experience the platform and assess its value before committing to a full membership. Guarantee Conditions: Difficult to meet all requirements for the full refund, making it less reliable.

Pros:

  1. Extensive Educational Resources: True Trading Group boasts a comprehensive library of educational materials, including video courses, webinars, live sessions, and articles. These resources cover diverse trading topics, from fundamental concepts like technical analysis and risk management to advanced strategies like options trading and swing trading. Whether you're a beginner or a seasoned trader, you're likely to find valuable learning materials that satisfy your needs.

  2. Market Instruments for Various Styles: The platform satisfies different trading styles by offering educational resources and tools applicable to stocks, options, and cryptocurrency trading. This allows you to explore and learn about various markets and find strategies that align with your investment goals and risk tolerance.

  3. User-Friendly Platform: True Trading Group's web-based platform offers convenient access from any device with an internet connection. The platform features key elements like a live trading room, charting tools, personalized watchlists, and a community forum, making it easy to navigate and utilize different learning and trading resources.

  4. Customer Support: The platform provides multiple support channels through phone and email, allowing you to reach out for assistance with technical issues, inquiries about your membership, or any other trading-related concerns.

  5. Affordable Introductory Option: The 7-day trial for only $3 offers a cost-effective way to test the platform's features and assess its value before committing to a full membership. This allows you to make an informed decision based on your personal experience.

Cons:

  1. Not Regulated: True Trading Group is not a registered broker-dealer or investment advisor, meaning they operate outside the regulatory framework governing financial institutions. While this offer them more flexibility, it also implies a lack of oversight and consumer protection compared to regulated entities. This necessitates extra caution and thorough research before utilizing their services.

  2. Educational Focus, Not Financial Advice: It's crucial to understand that True Trading Group primarily provides educational resources and tools. They are not licensed to offer personalized investment advice or guarantee any specific trading outcomes. It's essential to seek professional financial advice tailored to your individual circumstances before making investment decisions.

  3. Limited Account Types: Unlike platforms with various account options based on experience and investment goals, True Trading Group currently offers only one main account type (“TTG member”) with fixed features and costs. This does not provide the flexibility some users seek in tailoring their experience and subscription expenses.

  4. Potential High Cost: While the 7-day trial is affordable, the annual membership fee for the “TTG member” account can be expensive for some users. Consider your budget and the value you expect before committing to the full membership.

  5. Guarantee Conditions: True Trading Group offers a full refund plus an additional $997 if you complete all courses, pass exams, participate in a study group, and fail to make back your subscription cost within a year. However, meeting all these conditions is challenging, making the guarantee's reliability questionable.

Regulatory Status

True Trading Group operates under the disclaimer that it is “not a registered broker-dealer,” “not an investment advisor,” and is for “educational purposes only.”

These disclaimers suggest that True Trading Group is not subject to specific financial regulations that govern registered broker-dealers and investment advisors. As such, it does not fall under the oversight of regulatory bodies that typically monitor and regulate financial services providers.

Market Instruments

True Trading Group offers a variety of products and services designed to help people learn how to trade stocks, options, and futures.

At the core of their offerings are educational courses covering a spectrum of trading concepts, from foundational principles to advanced strategies, all taught by seasoned traders through a blend of video lessons, quizzes, and supplementary materials.

The live trading room provides members with an immersive experience, allowing them to observe professional traders in action, gaining insights and learning from their real-time decision-making processes. Additionally, trading alerts furnish timely notifications of potential trading opportunities, empowering members to make well-informed choices based on the group's technical analysis.

The trading simulator offers a risk-free environment for members to hone their skills and experiment with various strategies, fostering competence and confidence in trading execution.

Moreover, the community forums serve as a vibrant hub for interaction, enabling members to engage with peers, seek advice, and share insights, thereby fostering a collaborative learning environment.

Market Instruments

Account Types

The User account type is designed for individuals who are eager to level the playing field in trading. With years of hedge fund experience, TTG provides User account holders with access to top-tier education, premium trading tools, quality trade alerts, and a supportive community environment.

By becoming a TTG member, users gain immediate access to a wealth of resources, including a daily trading chat room for real-time discussions, daily real-time stock, options, and crypto trade alerts, and all current and future core trading courses and premium tools during their annual membership. Additionally, user account holders can participate in two small private study groups, further enhancing their learning and trading experience.

True Trading Group invites users to discover the awesome profit potential of TTG by offering a 7-day trial of its platform for only $3, providing an opportunity to experience the benefits firsthand.

Account Types

How to Open an Account?

Here's a guideline on how to open a True Trading Group account:

  1. Visit the True Trading Group website: Go to https://truetradinggroup.com/ and explore their offerings.

  2. Start your trial (optional): Consider starting with a trial to get a feel for their platform and content before committing to a paid membership.

  1. Create an account: Click on the “Join Now” button and follow the on-screen instructions. You'll need to provide your basic information like name, email address, and phone number.

  2. Complete your payment details: If you're not starting a trial, choose your preferred payment method and enter your billing information.

  3. Verify your account: You will receive a verification email or SMS. Follow the instructions to confirm your account.

  4. Set up your profile: Once verified, personalize your profile by adding your trading experience, goals, and preferences. This helps True Trading Group tailor your experience.

How to Open an Account?

True Trading Group 1-Year Subscription

True Trading Group (TTG) offers a comprehensive trading platform that satisfies traders of all levels, from beginners to experts.

The platform includes a university-level curriculum comprising 22 courses covering stocks, options, and cryptocurrency trading, ensuring that members can expand their knowledge and skills in various trading strategies.

Additionally, TTG provides a daily trading chat room led by award-winning trader Michael Edward and his team, offering real-time alerts, screen sharing, and audio analysis to enhance members' trading experiences.

The platform also features expert-curated daily watchlists for different trading styles, small private study groups for personalized mentorship, and access to Benzinga Pro's live news feed and squawk.

Furthermore, members benefit from TradingView's premium charting software, Trade Ideas' real-time scanner, ETNA's state-of-the-art trading simulator, and a stock scanner with real-time streaming data, among other tools and features. TTG's platform empowers traders to stay ahead of the curve, maximize their potential, and unlock endless learning opportunities in the dynamic world of trading.

True Trading Group 1-Year Subscription

Payment Methods

True Trading Group offers flexible payment options to satisfy the diverse needs of its members. Whether using Stripe, PayPal Standard, or a credit/debit card, members can choose the method that best suits their preferences and convenience. With a commitment to member success, True Trading Group provides a unique guarantee: if a member completes all courses, passes all exams, attends one free small private study group, and after one year does not make back the cost of their subscription at least once, True Trading Group will refund the full subscription amount plus an additional $997, totaling $1,994 refunded.

Payment Methods

Customer Support

True Trading Group provides robust customer support services to ensure that members receive timely assistance and guidance whenever needed. Members can reach out to TTG's customer support team via phone at +1 (855) 878-8723 or through email at info@truetradinggroup.com. Whether members have inquiries regarding their membership, technical issues with the platform, or any other concerns related to their trading experience, the dedicated support team is readily available to provide prompt and helpful assistance. With multiple channels of communication available, True Trading Group demonstrates a commitment to delivering excellent customer service and ensuring that members have a smooth and satisfying trading experience.

Customer Support

Conclusion

While True Trading Group offers a wealth of educational resources and tools for various trading styles, consider both its advantages and disadvantages before diving in.

On the plus side, the platform boasts extensive learning materials, satisfies different market instruments, and provides a user-friendly platform with support options.

However, the lack of regulatory oversight and focus on education, not personalized advice, necessitates caution. Additionally, limited account types, potential high costs, and challenging guarantee conditions require careful consideration before committing.

FAQs

Q: What kind of learning resources does True Trading Group offer?

A: True Trading Group boasts a comprehensive library of educational materials, including video courses, webinars, live sessions, and articles. These resources cover various trading topics, satisfying both beginners and experienced traders.

Q: Is True Trading Group a regulated platform?

A: No, True Trading Group is not a registered broker-dealer or investment advisor. This means they operate outside the regulatory framework governing financial institutions.

Q: What type of support does True Trading Group offer?

A: The platform provides multiple support channels through phone and email, allowing you to reach out for assistance with technical issues, questions about your membership, or any other trading-related concerns.

Q: What are the different account types available?

A: Currently, True Trading Group offers only one main account type (“TTG member”) with fixed features and costs.

Q: What is the cost of using True Trading Group?

A: While they offer a 7-day trial for only $3, the annual membership fee for the “TTG member” account can be expensive for some users.

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魔豆~
more than one year
Their customer service is very helpful if you have any questions. BUT the minimum deposit is too high for me... If they can offer Mini accounts, maybe I’ll try to open an account to get started.
2023-02-17 13:38
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Thanh Huyền
more than one year
A guy from this platform annoyed me, for he kept dialing my number. I come to check this platform seriously, no license, lots of promotional materials, a 100% liar.
2023-02-14 09:46
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Kitty17527
more than one year
Let me talk about my point of view: the homepage of this company's website is all about how good it is, but there is no actual data and more specific information. But even though there is an exposure on wikifx, it doesn't seem to be this company, it's just another broker with a similar name.
2022-12-07 10:19
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