TrioMarkets Review 2019
TrioMarkets is an online ECN broker offering forex, stocks and cryptocurrency trading through the MT4 platform.
TrioMarkets was founded in 2014 by three financial professionals with over 20 years of market experience. The company is registered under the BENOR Capital Ltd trademark and is headquartered in Mauritius, where the broker is regulated by the Financial Services Commission (FSC). TrioMarkets also has an office in Limassol, where it is licensed by the Cyprus Securities and Exchange Commission (CySEC).
Today the broker operates worldwide offering a wide range of assets, trading platforms and accounts. TrioMarkets is mainly aimed at more experienced traders looking to make high volume trades, although there are simpler, no-commission options for beginner traders.
TrioMarkets offers the MT4 and MT4 Trio Xtend platform, a web-based alternative to MT4.
MT4 is the main trading platform offered by the broker. Easy to navigate and customizable interface. The platform also has a wide range of features:
- Limit and stop levels from 1 pip for all major currency pairs
- Dozens of technical indicators
- Automated Trading (EA)
- Intuitive interface
- Real time charts
- One click trading
- Analytical tools
- Mini lots
MT4 Trio Xtend
The platform expansion allows both beginner and experienced traders to trade like professionals. Features include innovative management tools, advanced trade execution, news and market data, and sentiment trading.
Web Trader MT4
The web trader platform allows users to trade from any device connected to the internet. No download or installation required. The web platform provides traders with real-time financial markets and high-speed trade execution. Most of the downloadable features are available with a browser-based alternative.
TrioMarkets offers over 100 tradable assets:
Forex – Trade over 60 major, minor and exotic currency pairs such as USD / EUR and EUR / GBP.
Commodities – Diversify your portfolio and trade in gold, silver, crude oil or natural gas.
Cryptocurrency – speculate on the price of Bitcoin, Ethereum, LiteCoin and Ripple
Indexes – Access to major indices including the FTSE, DAX and NASDAQ.
CFDs – trade a wide range of CFDs from any device
Spreads and commissions
Spreads vary depending on the type of account, but are generally competitive. For Basic and Standard accounts, spreads start at 2.4 points, while for Advanced and Premium users, no point spreads are available.
Basic and standard account holders enjoy a commission-free structure. For extended accounts, the fee is $ 5.5 per side, and for premium account holders, it is $ 4 per side.
A $ 30 per month inactivity fee is charged after three months of inactivity.
TrioMarkets offers a high level of leverage. Leverage up to 1: 500 is available for Forex transactions, and leverage up to 1: 100 is available for CFDs. For cryptocurrency trading, the leverage is limited to 1: 2.
TrioMarkets offers a mobile platform to facilitate on-the-go trading. The mobile trader automatically syncs with the desktop platform for seamless trading. The app is available for download from the Apple App Store or Google Play Store. It is fully functional, easy to navigate and boasts a range of features:
- Interactive real-time charts
- Multiple timeframes
- Edit open positions
- 30+ indicators
- Live quotes
Payments can be made via Visa, Mastercard, ecommpay, Skrill, Neteller and Swissquote. Bank transfers are also accepted. The minimum deposit is $ 500. Processing time depends on the account used, but is guaranteed from 6 to 24 hours.
There is a high withdrawal fee of 1.5% and a wire transfer fee of 1.5%, with a minimum fee of $ 25 and a maximum of $ 50. Withdrawal requests can only be made to an account registered with a TrioMarkets customer.
TrioMarkets offers potential clients the opportunity to trade risk-free through a demo account. Users are credited with 100,000 virtual funds and the opportunity to try out new strategies, explore new tools and test new markets. Demo account registration is quick and easy.
Bonuses and promotions
TrioMarkets currently offers two promotions. Traders can recommend a friend for a chance to earn up to $ 10,000 or get cashback on deals up to 15% for each lot sold.
Regulation and licensing
TrioMarkets is a legal broker regulated by the Financial Services Commission (FSC) of Mauritius. The broker is also licensed by the Cyprus Securities and Exchange Commission (CySEC). Regulatory oversight is a promising sign that an online provider can be trusted to pay the proceeds, and it promises some degree of financial security in the event of a company’s bankruptcy.
TrioMarkets offers a wide range of educational resources including market news, calendars, and video chart analysis. There is also a glossary, market summary and TrioAcademy to help guide your trading activities. The tools are readily available and offer great insight. Additional features of the MT4 platform include access to VPS, Fix API and MAM.
Four accounts are available to traders: basic, standard, advanced and premium.
Reliable customer support is available 24/7 in English, French and Italian. You can contact them through:
Phone – +44 203 76 99474
Email – email@example.com
Live chat – bottom right on the site
Users enjoy safe and secure trading with TrioMarkets. Funds are split and all transfers go through a secure server using the latest SSL encryption technology. Clients are also protected through the ICF Investor Compensation Fund in the event of bankruptcy.
TrioMarkets provides multi-asset trading in a secure and regulated environment through the MT4 platform. Leverage spreads are competitive. However, as noted by customer reviews, the minimum deposit requirements and withdrawal fees are high.
Reviews for other brokers: