Trio Markets Review 2019 | Is Trio Markets a Scam or Legit Forex Broker?
Rating breakdown
Trio Markets Overview
TrioMarkets is an online trading brokerage that offers traders a wide array of financial instruments to invest in across the global markets. The brokerage was established in 2014 by a team of financial professional with over 15 years of experience in the financial markets and online foreign currency exchange.
| # | Broker's Features | TRIO MARKETS Availability |
|---|---|---|
| # | Commissions | ✔ |
| # | Hedging | ✔ |
| # | PAMM | ❌ |
| # | Scalping | ✔ |
| # | Accepts US traders | ❌ |
| # | 24 hour trading | ❌ |
| # | Swaps | ❌ |
| # | Demo account | ❌ |
| # | Daily analysis | ❌ |
| # | Automated trading | ❌ |
| # | Mobile trading | ✔ |
| # | Trading by phone | ❌ |
| # | 1st deposit bonus | ❌ |
| # | Forex contests competitions | ❌ |
| # | Bonuses Promotions | ✔ |
| # | Interest charges on the balance | ❌ |
| # | Free education | ❌ |
| # | Expert advisors | ❌ |
| # | Partnership programs | ❌ |
| # | Trust management | ❌ |
| # | 24 hour support | ❌ |
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review Trio Markets.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Trio Markets offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices.
Tradable Products: TrioMarkets provides their traders with a wide variety of financial instruments to trade across the global markets including forex, metals, indices, commodities, and CFDs. In total, they feature over 100 tradeable assets with ultra-low spreads, lightning fast execution, and leverage of up to 1:300.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Trio Markets is STP, ECN.
Features: Social trading, enhanced by broad access to social media and crowd sourcing for following experts or for mirror trading possibilities;
Trio Markets allows you to execute a minimum trade of 0.01. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Trio Markets offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.
Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Trio Markets recommended minimum capital is $10.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Trio Markets is regulated by CySEC, MiFID. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Investor Protection & Regulations: As TrioMarkets is an international online trading brokerage who is committed to transparency and trustworthiness they, they are licensed and regulated by numerous reputable regulatory authorities. First of all, the brokerage is located in Cyprus and is therefore registered as a Cyprus Investment Firm (CIF) and is regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license number 268/15.
Account currencies: Next lets consider the Account currencies each broker offers. Trio Markets offers EUR, USD different account currencies for each account types.
Account Openning: TrioMarkets offer account types to suit all types of traders whether they’re beginners or experienced traders, there is an account type for everyone. All accounts have access to the same trading platforms as well as a dedicated account manager upon opening an account.
Languages Available: Next lets have a look at each broker's different Language options. Trio Markets offers Arabic, English, French, German, Italian.
Payment methods: Next lets have a look at each broker's payment options. Trio Markets offers Credit/Debit Cards, Moneybookers, Neteller, Skrill, Wire different payment methods for each account types.
Deposit and withdrawal: TrioMarkets provides their traders with a variety of deposit and withdrawal methods to choose from. For instance, traders can both deposit and withdraw funds to and from their account via Visa, MasterCard, Neteller, Skrill, and Bank Wire Transfer.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Trio Markets makes MT4, Web-trader available to clients.
Web & Desktop Trading Platforms: TrioMarkets offers three trading platforms, too. The Metatrader4 system offering covers the downloadable versions for desktops and IOS mobile devices.
Mobile Trading Platforms: TrioMarkets features a highly sophisticated Meta Trader 4 mobile application that’s available for both iOS and Android devices. The mobile platform is available for free download from the Apple App Store and the Google Play Store. The mobile application is very responsive and has an intuitively designed user interface that makes trading and managing your account an easy and seamless experience.
Trader Education
Learning Academy offers broad set of tools and educational materials from basic to advanced through ebooks, articles, online tutorials, and more;
Promotions
TrioMarkets are currently running several bonus and promotional offers. However, these are time-based and may change over time.
Support
The customer support provided by TrioMarkets is phenomenal and support representatives can be reached 24 hours a day, 6 days a week. The support methods available include live chat, email, and telephone support.
Recup
Although it may sound a bit stale for a broker to want “to bring you the very best online trading experience,” the folks at TrioMarkets are definitely one of the few that is making a genuine effort at achieving that goal.
Final Thoughts
The main downsides of TrioMarkets are their withdrawals fees that can be higher than other brokerages. Also, the brokerage doesn’t offer quite as many financial instruments as many of the new online trading brokers do today. However, for most traders, TrioMarkets is an excellent online trading solution to suit their needs.
Trading Experience
As TrioMarkets is a highly regulated online trading brokerage with a very wide customer base, it’s safe to say they are a highly reliable and trustworthy online trading brokerage.