TrioMarkets Overview
In the country of Cyprus as of 2015 TrioMarkets operates as an internet-based CFD and forex broker offering trading services to customers from all over the world. They provide trading on more than 130 instruments that include energy, currencies as well as stock, precious metals and indexes. These are traded through their numerous MT4 platforms that are available for desktops as well as mobile devices (iOS and Android). The minimum deposits for standard and basic account types range from $500 to $5,000, respectively. more than twice the amount required by other brokerages for online trading using their platform.
TrioMarkets Regulation
TrioMarkets is a brand that is operated and owned by EDR Financial Ltd, which is registered as an Cyprus Investment Firm (CIF) with registration number HE336081. The broker is licensed and controlled through the Cyprus Securities and Exchange Commission (CySEC) under the license number268/15.
Since the CySEC is a member of the scope under the Markets in Financial Instruments Directive II (MiFID II) and is a member of MiFID II, the broker is compliant with relevant EU rules , which are in line with local regulations of all EU countries it serves. Thus, they’re accredited with FCA for the UK, ACPR in France, BaFin in Germany, and the list goes on.
TrioMarkets Countries
TrioMarkets provides its services to customers from all countries within the European Economic Area, except Belgium. The broker also welcomes international clients from across the globe , but cannot offer services to citizens from countries such as the United States of America, State of Israel, Islamic Republic of Iran or members of the Democratic People’s Republic of Korea (DPRK).
Certain TrioMarkets features and services of the broker discussed in this TrioMarkets review might not be accessible for traders from certain countries due to restrictions imposed by law.
Economic Calendar
TrioMarkets offers an economic calendar that is continuously updated to give you the latest information on factors that can influence market movement. It is frequently regarded as an essential tool an element of essential analysis of an investment strategy.
TrioMarkets Instruments
TrioMarkets provides more than 130 instruments that can be traded which include stocks, forex equity indexes, equity indexes, precious metals, as well as energy commodities. It allows you to trade more than 60 currencies, including the major, minor and exotic pair.
Commodities offered by the brokerage include WTI Crude Oil, Brent Crude Oil along with Natural Gas, as well as precious metals such palladium, gold, silver and platinum. The broker currently offers CFD trading for as much as 10 indexes of equity, and more than 60 top stocks that are which are listed on major stock exchanges across the globe.
TrioMarkets Accounts & Fees
TrioMarkets offers mark-up accounts where the commission is included in the spread raw accounts, which comes with a separate spread as well as commission. Customers can select the kind they would like, which will depend on their strategy for trading. E.g. A scalping strategy could require the most narrow spreads. Below are the different kinds of accounts that this broker offers:
- Basic Account only marked-up (no extra commissions) with a minimum deposit of $500 minimum spread 2.4 pip, leverage FX up to 1:30, and stop out at 50 percent
- Standard Raw or Mark-up minimum deposit $5000 Minimum spread 1.4 pip (no commissions) FX leverage up to 1:30, limit out at 50 percent
- Advanced leverage for FX from 1:30 to 1, stop at 50% spread minimum 1.1 pip (mark-up) (mark-up) or 0.0 pip (raw and which includes $5.5 commission)
- Premium leverage of FX as high as 1:30. stop at 50% spread minimum 1.1 pip (mark-up) (mark-up) or 0.0 pip (raw including $5.5 commission)
- Professional Traders Limits on leverage: No or protection for negative balances and no ICF cover
- HNI and institutional accounts for corporate accounts as well as wealthy individuals
- Management of assets for qualified investors
Since broker fees may vary and change, there might be additional charges not included within the TrioMarkets review. It is crucial to make sure you read and are aware of all current information prior to opening your TrioMarkets broker account to use trading online.
TrioMarkets Support
TrioMarkets provides customers with a customer support service that is multilingual which can be reached via phone, email or fax, live Chat and an online form for contact. They are accessible 24 hours a day to provide prompt assistance during the trading hours. You can also contact them through their social media handles which include Facebook, LinkedIn, Tweeter and YouTube.
TrioMarkets Summary
TrioMarkets offers an internet-based broker for trading registered in Cyprus to offer CFD and forex trading services to traders from all over the world. They offer more than 130 instruments spread across 5 asset categories that are traded through a range of MT4 platforms.
The broker offers a wide range of trading tools as well as educational resources that can help traders, however they don’t appear to have support for the social-media trading platform. The minimum deposit amount for the basic account is excessive at $500 in comparison to other brokers. They do not allow trading in cryptocurrency.
CFDs are a complex instrument and carry a risk of losing money fast because of leverage. 59.01 percent of accounts with retail investors lose funds when trading CFDs using this service. It is important to know the process CFDs function and if you are financially able to accept the chance of losing your money.
TrioMarkets Summary | |
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TrioMarkets Details | Information |
Regulators | |
Country | |
Base Currencies | USD, EUR |
Type Of Brokers | ECN, STP |
Trading Platform | Desktop, Mobile, MT5 |
Established Year | 2015 |
Website Language | English, Arabic, French, Italian |
US Clients |
TrioMarkets Spreads | |
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Option | Information |
Minimum Spreads | 0.1 |
Commission | |
Fixed Spreads |
TrioMarkets Payment & Withdrawal Option | |
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Option | Information |
Acc Funding Methods | |
Acc Withdrawal Methods |
TrioMarkets Suitable For | |
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Option | Information |
Publicly Traded | |
Beginners | |
Day Trading | |
Weekly Trading | |
Professionals | |
Swing Trading |
TrioMarkets Trading Account Options | |
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Option | Information |
Maximum Leverage | 1:300 |
Mini Account | |
VIP Accounts | |
Segregated Accounts | |
Free Demo Accounts | |
Managed Accounts | |
Pro Account | |
Minimum Deposit | $100 |
Islamic Account |
TrioMarkets Trading Services | |
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Option | Information |
Hedging | |
News Trading | |
Scalping | |
Automated Trading | |
Indices | |
Commodities | |
Forex instruments | |
CFDs | |
ETFs | |
Stocks | |
Bonds | |
Cryptocurrencey | |
Trading Signals | |
Educational Service | |
Copy Tradings |
TrioMarkets Contact & Support | |
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Option | Information |
Telephone No | +35725030056 |
info@triomarkets.com | |
24 Hours Support | |
Support During Weekends | |
Address | Centro Office 301Grigori Afxentiou 114003 Limassol,Cyprus |