Angola
TriumphFX Overview
TriumphFX is an internet-based broker offering investment and financial services to an international customer base. They’re committed to building long-term relationships with their customers and always strive to offer the most competitive brokerage services to traders from all backgrounds, thereby helping provide the market to everyone.
The broker allows forex trading online to customers of both types and institutions, using an interbank liquidity feed to enable them to offer efficient trade execution speeds and tight spreads, in conjunction with the ad-hoc leverage options they have to offer.
This trading platform is located at Equinix’s top-of-the-line Data Centers which are designed to be able to withstand the rigors of compliance with the needs of the financial sector. Their live primary trade servers as well as their failover the failover primary trade server are located in data centers that are equipped with top-of-the-line hardware at all levels including applications servers, storage solutions and network devices, as well as dedicated fiber connections, as well as reliable ISP connectivity. Every one of their data center configurations is designed and owned by TriumphFX with a focus on real-time applications, making it possible for TriumphFX to provide their customers with security, reliability with low latency.
TriumphFX Combines straight-through-processing (STP) and the non-dealing desk (NDD) execution as well as electronic communications networks (ECN) and stable , high-quality price feeds from a variety of the biggest financial institutions. When you make a trade position, it is sent directly to one of the liquidity providers for brokers (LPs) depending on which has the lowest price for the quantity you need at the moment. They claim they don’t have dealers positioned between trader and broker to block trades, however they also provide fixed spread accounts that are typically used by a brokerage that uses market maker models.
TriumphFX Regulation
TriumphFX is controlled through the Cyprus Securities and Exchange Commission (CySec) for its activities within Europe. CySEC is responsible for the following to supervise and regulate the operations that is conducted by the Cyprus Stock Exchange and the transactions that are conducted on the Stock Exchange, its listed companies as well as brokerage and broker firms. A licensed broker is able clients have peace of mind knowing that they are dealing with a company that is bound by strict regulations and rules which are enforced to safeguard investors.
TriumphFX is recognized by Vanuatu Financial Services commission as one of the financial service providers. This Commission oversees the supervision and regulation of trust and investment businesses and companies that provide services to their clients.
As a licensed broker, TriumphFX must keep all of the client’s funds in segregated accounts which are separated from the brokers ‘ assets and distributed among world-renowned independent banks of Tier 1. The company states that every bank they work with must have an A-G rating, and satisfy rigorous requirements. The client’s money are not to be used for other purpose, such as operating costs for business or other investments, nor for paying off creditors. TriumphFX regularly evaluates, detects every and every risks that are associated with its operations to ensure the security of the money of their customers.
TriumphFX Accounts & Fees
TriumphFX has accounts that have an initial deposit minimum of $100, and leverage ranging from 1:1 to 1:500. For Standard up to the VIP level, they offer trading accounts to meet different trading needs of traders. There are commission-free accounts that have marked-up spreads, or accounts that have smaller spreads, but with a competitive commission fee. You might want to look into the account appropriate to your strategy for trading. E.g. A trader who is able to scalp the market for just a couple of pips might need an account that has the lowest spreads.
Standard Fixed
- $100 minimum deposit
- Fixed spreads starting at 1.6
- No commission
- 1:500 leverage
Standard Variable
- $100 minimum deposit
- Variable spreads starting from 1.6
- No commission
- 1:500 leverage
Premium
- $500 minimum deposit
- Variable spreads starting at 0.6
- Commission of up to $6 per lot
- 1:500 leverage
Platinum
- $2,000 minimum deposit
- Variable spreads starting from 0.6
- Commission starting at $3 per lot
- 1:500 leverage
VIP
- $5,000 minimum deposit
- Variable spreads starting at 0.5
- No commission
- 1:500 leverage
TriumphFX Support
Contact TriumphFX support by phone or email as well as an online contact form. We discovered them to be extremely effective in their responses to the many questions we sent them.
TriumphFX Summary
TriumphFX is a licensed broker that has high-quality trading conditions, but the product selection and services offered by TriumphFX aren’t as impressive in comparison to the most reliable web-based brokerages. They do offer a wide choice of foreign currency pairs that you can trade with ease on their user-friendly MT4 platform, however instruments that belong to other asset classes are not available. There are a few educational resources for beginners that could be useful as well as daily market analysis to spark ideas for trades. They also have a variety of different types of accounts and deposit/withdrawal methods that can meet the various needs of traders across the world.
The trading of foreign exchange or contracts for margin-based differences carry the risk of high and is not suitable for everyone. There is a chance that you may suffer losses that exceed your deposit funds. Before making a decision to trade products provided by TriumphFX you must carefully think about your financial goals, objectives as well as your level of knowledge. Be aware of the various dangers associated with dealing on margin.
| TriumphFX Summary | |
|---|---|
| TriumphFX Details | Information |
| Regulators | AFSC |
| Country |  Vanuatu |
| Base Currencies | USD, EUR |
| Type Of Brokers | ECN, STP |
| Trading Platform | Desktop, Mobile, MT4 |
| Established Year | 2013 |
| Website Language | English |
| US Clients | |
| TriumphFX Spreads | |
|---|---|
| Option | Information |
| Minimum Spreads | 0.1 |
| Commission | |
| Fixed Spreads | |
| TriumphFX Payment & Withdrawal Option | |
|---|---|
| Option | Information |
| Acc Funding Methods |  Skrill,  Visa Card,  Master Card |
| Acc Withdrawal Methods | Skrill, Visa Card, Master Card |
| TriumphFX Suitable For | |
|---|---|
| Option | Information |
| Publicly Traded | |
| Beginners | |
| Day Trading | |
| Weekly Trading | |
| Professionals | |
| Swing Trading | |
| TriumphFX Trading Account Options | |
|---|---|
| Option | Information |
| Maximum Leverage | 1:500 |
| Mini Account | |
| VIP Accounts | |
| Segregated Accounts | |
| Free Demo Accounts | |
| Managed Accounts | |
| Pro Account | |
| Minimum Deposit | $100 |
| Islamic Account | |
| TriumphFX Trading Services | |
|---|---|
| Option | Information |
| Hedging | |
| News Trading | |
| Scalping | |
| Automated Trading | |
| Indices | |
| Commodities | |
| Forex instruments | |
| CFDs | |
| ETFs | |
| Stocks | |
| Bonds | |
| Cryptocurrencey | |
| Trading Signals | |
| Educational Service | |
| Copy Tradings | |
| TriumphFX Contact & Support | |
|---|---|
| Option | Information |
| Telephone No | N/A |
| support@tfxi.com | |
| 24 Hours Support | |
| Support During Weekends | |
| Address | Triumph Int Limited, S.I.P. Building, 3010, Rue Pasteur, Port Vila, Vanuatu |
