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TrioMarkets Review– ☑️Unbiased Pros and Cons Revealed (2022)


TrioMarkets Review

 

Overall, TrioMarkets can be summarised as a trustworthy and worthwhile broker that is very competitive in terms of its trading fees (against major currency pairs). The spread is also very low and is considered average-risk.

 

TrioMarkets at a glance

💬 Broker’s name TrioMarkets
🏛️ Headquarters Limassol, Cyprus
📅 Year founded 2014
⚖️ Regulating authorities CySEC, BaFin, FCA, ACP, MiFID
🗺️ Countries not accepted for trade United States
📒 Demo account Yes
☪️ Islamic account (swap-free) Yes
✴️ Institutional accounts Yes
👨🏼‍💼 Managed accounts No
🔣 Maximum leverage 1:300
💰 Minimum deposit $250 / R4000 ZAR
➕ Deposit options BankWire
Credit cards
Skrill
CashU
Neteller
Crypto
➖ Withdrawal options BankWire
Credit cards
Skrill
CashU
Neteller
Crypto
📊 Platform(s) provided MetaTrader4, Sirix
📶 OS compatibility Desktop, Web, Mobile
🛍️ Tradable assets offered ETFs, CFDs, Commodities, Metals, Stocks, Oil, Gold, Indices
💬 Languages supported on the website French, German, Italian, Arabic, Spanish, English, Russian, and Turkish
💬 Customer support languages French, German, Italian, Arabic, Spanish, and English
⏲️ Customer service hours 24/6

 

 

TrioMarkets Review – 16 Key Point Quick Overview

  1. ☑️TrioMarkets Overview
  2. ☑️TrioMarkets Safety and Security
  3. ☑️TrioMarkets Sign-up Bonus
  4. TrioMarkets Minimum Deposit
  5. TrioMarkets Account Types
  6. TrioMarkets Account Features
  7. TrioMarkets Demo Account Features
  8. How to set up a Demo Account – Step by Step
  9. TrioMarkets Fees and Spreads
  10. TrioMarkets vs Trading 212 vs Valbury Capital – A Comparison
  11. TrioMarkets Current Popularity Trend
  12. TrioMarkets Customer Reviews
  13. TrioMarkets Review Pros and Cons
  14. Conclusion
  15. Disclaimer
  16. Frequently Asked Questions

 

According to research in South Africa, TrioMarkets is an ECN/STP Forex broker founded in 2014 by a team of banking professionals and headquartered in Limassol, Cyprus.

 

TrioMarkets Overview

TrioMarkets Overview

 

TrioMarkets is a trading name owned by EDR Financial Ltd, a financial services company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under license number 268/15 as well as BaFin, FCA, ACP, and MiFID.

 

Following the strict regulations of CySEC applicable across the entire European Union, TrioMarkets appears to offer a wholesome and thorough service to clients all over.

 

TrioMarkets cannot accept residents of the following countries to become clients: the United States of America, the State of Israel, The Islamic Republic of Iran, and the Democratic People’s Republic of Korea (DPRK).

 

TrioMarkets Safety and Security

TrioMarkets Safety and Security

 

One of the best benchmarks to measure the safety of a broker like TrioMarkets is to establish which regulating authorities are watchdogs over its actions. TrioMarkets is a Cypriot Investment Firm regulated by the Cyprus Securities and Exchanges Commission (CySEC).

 

CySEC offers regulatory protection to traders and investors under the European Markets in Financial Instruments Derivatives (MiFID), with a uniform regulatory framework for all financial companies operating in the EU.

 

TrioMarkets has the authority and the regulatory clearances to operate across the European Union through a valid European license. The European Economic Area (EEA) agreement allows TrioMarkets to offer its services and products to traders from all over the EU without any additional regulatory licenses.

 

In the event of any financial discrepancy, TrioMarkets will be subjected to legal and regulatory sanctions from the regulatory agency concerned. EU regulation holds TrioMarkets accountable for its actions and CySEC requires TrioMarkets to display evidence of sound management principles.

 

TrioMarkets is required by European law to hold at least €1 million in operating capital and is bound by CySEC to ensure that they are capable of meeting its clients’ debt obligations without fail. TrioMarkets is carefully audited by CySEC and the regulator also instructs the broker to hold its clients’ funds in segregated accounts to clearly differentiate between the broker’s operating capital and clients’ trading capital.

 

TrioMarkets also offers protection to its investors regarding the safety of funds against broker insolvency, as CySEC has developed the ICF (Investor Compensation Fund) to offer compensation of up to €20,000 in case the broker goes into default.

 

TrioMarkets Sign-up Bonus

TrioMarkets Sign-up Bonus

 

TrioMarkets does offer new traders a bonus with sign-up.

 

New traders who register a real account will receive a sign-up bonus, a deposit bonus, or a welcome bonus. In addition, but there are also promotions and rewards that loyal customers may qualify for when they possess a real account with TrioMarkets.

 

The sign-up bonus is a seasonal promotion of $ 25 when a trader signs up with the broker and it depends on when the client register.

 

often offer these bonuses to new traders to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus assures traders that they will receive some money back depending on the initial deposit made.

 

TrioMarkets Minimum Deposit

TrioMarkets Minimum Deposit

 

TrioMarkets has a minimum deposit requirement of $ 250. This minimum deposit amount is equivalent to R4 000 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

TrioMarkets is owned by Benor Capital Ltd which is registered and licensed by the Financial Services Commission (FSC) in Mauritius.

 

In addition, the broker is also operated by EDR Financial Ltd and registered as a Cyprus Investment Firm (CIF) and falls under the umbrella of the Markets in Financial Instruments Directive II (MIFID).

 

The broker is also well regulated in the other countries that it operates in, answering to the regulations of BaFin, FCA, and ACP.

 

It is a requirement by most regulatory bodies and financial institutions, amidst several other strict rules and regulations, that all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

 

 

TrioMarkets Account Types

TrioMarkets Account Types

 

TrioMarkets offers a choice between four account types that vary from small accounts targeted at the newer traders, to alternative account options for the more experienced and professional traders.

 

Account types offered are the Basic Zero Commission Account, the Standard Zero Commission Account, Advanced Account, and a Premium Account. Although the broker does have the option to open a demo account, it does not offer Islamic Swap Free Accounts to clients that follow the Muslim faith.

 

Traders will find that through these live account types, TrioMarkets offers competitive trading conditions along with comprehensive solutions and services.

 

TrioMarkets Account Features

Basic Zero Commission account

TrioMarkets Account Features Basic Zero Commission account

 

📍 This account is designed for beginner traders who want to trade with zero commission starting with a minimum initial investment of $ 500. It has the following features:

Basic Zero Commission account
💰 Minimum deposit $ 250
📈 Leverage 1: 100
📊 Spread 2.4 pips
💳 Commission no commission charges
🌐 Margin call / Stop out 200% / 50%
👍 Minimum trade volume 0.01 lot

 

Standard Zero Commission Account

TrioMarkets Account Features Standard Zero Commission Account

 

📍 This account is also designed for beginner traders but has a larger initial deposit and tighter spreads. It has the following features:

Standard Zero Commission Account
💰 Minimum deposit $ 5 000
📈 Leverage 1: 500
📊 Spread 1.4 pips
💳 Commission no commission charges
🌐 Margin call / Stop out 200% / 50%
👍 Minimum trade volume 0.01 lot

 

Advanced account

 TrioMarkets Account Features Advanced account

 

📍 This account is suited for the more experienced traders who want to trade with raw spreads. It has the following features:

Advanced account
💰 Minimum deposit $ 25 000
📈 Leverage 1: 500
📊 Spread 0 pips
💳 Commission $ 5.5 per side
🌐 Margin call / Stop out 200% /50%
👍 Minimum trade volume 0.01 lot

 

Premium account

TrioMarkets Account Features Premium account

 

📍 This account offers you even better trading conditions with zero commission and is best suitable for high-frequency traders that trade high volumes and need priority access to customer services and fast withdrawal of funds. It has the following features:

Premium account
💰 Minimum deposit $ 50 000
📈 Leverage 1: 100
📊 Spread 0 pips
💳 Commission $ 4 per side
🌐 Margin call / Stop out 200% /50%
👍 Minimum trade volume 0.01 lot

 

TrioMarkets Demo Account Features

TrioMarkets Demo Account Features

 

TrioMarkets’ demo account mimics a live trading account. Traders have access to the same functions, features, and options that they normally would on a live trading account.

 

The only exception is that the demo account is risk-free as traders make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.

 

When making use of the MetaTrader4, traders will have access to the various functions, tools, features, and more, which is offered by the platforms.

 

How to set up a Demo Account – Step by Step

To register for, and set up a demo account with TrioMarkets, traders can follow these steps:

 

Step 1 – Click on the register option.

Navigate to the TrioMarkets website and select the link ‘Register’ at the top right-hand corner of the page or scroll down to the banner ‘Create Account.’

TrioMarkets Demo account step 1

 

Step 2 – Complete the form.

On both accounts, traders will be redirected to a page where they will be required to complete an online registration form.

TrioMarkets Demo account step 2

 

Step 3 – Check your email.

Once traders have submitted their details, they will receive an email at the address that they provided for validation purposes. The email will contain the trader’s demo account number. The account will be funded with $10 000 virtual money. Traders can immediately start to practice trading.

 

 

TrioMarkets Fees and Spreads

TrioMarkets Fees and Spreads

 

TrioMarkets’ spreads on the Standard Zero Commission Account starts from 1.4 pips. TrioMarkets charges different commissions which vary between account types and swap fees are calculated according to trade size and asset, as well as according to the exchange rate at the time.

 

📍 The following fees, spreads, and commissions mentioned on the company spread list can be expected on the live account types offered by TrioMarkets:

➡️ Basic Zero Commission Account offers spreads that start from 2.4 pips with no commission charges.

➡️ The Standard Zero Commission Account offers spreads that start from 1.4 pips with zero commission charges.

➡️ The Advanced Account offers raw spreads that start at 0 pips and commission is charged at $ 5.5 per side.

➡️ The Premium Account offers raw spreads that start at 0 pips and commission is charged at $ 4 per side.

 

TrioMarkets vs Trading 212 vs Valbury Capital – A Comparison

🔎 Broker 🥇 TrioMarkets 🥈 Trading 212 🥉Valbury Capital
💰 Minimum Deposit $ 250 / R 4 000 $ 1 / R16 $10,000
📝 Sign-Up Bonus ☑️ Yes ☑️ No ☑️ No
➕ Max. Leverage 1: 300 1: 300 1:30
💵 Currency Pairs 60 + 30 50
🚀 Open an Account 👉 Open Account 👉 Open Account 👉 Open Account

 

TrioMarkets Current Popularity Trend

As According to Google Trends, here is an overview of how frequently the search term – “TrioMarkets” is entered into Google’s search engine over a given period of time.

 

TrioMarkets Customer Reviews

TrioMarkets Customer Reviews

 

Good trading conditions and execution

Good trading conditions and execution, responsive support, and personal care for clients’ needs.
Never had any issues with Trio Markets

Customer reviews Five stars

Good company for trading

, great website for trading, easy to use, no issue been found

Customer reviews Five stars

excellent

very good company and very accommodative, has very professionals employees that know what they doing.

Customer reviews Five stars

 

TrioMarkets Review Pros and Cons

✔️ Pros ❌ Cons
Metatrader 4 and Mobile platforms Not FCA Regulated
EA package expands the feature set No real-time news
Social/copy trading platform Limited features on the web platform
Min. deposit from $250 / R4000 ZAR No advanced or proprietary technical analysis platform
CySEC Regulation Limited Promotions due to regulations
Segregated Client Accounts Limited range of instruments
Tight Spreads Inactivity Fee

 

Conclusion

TrioMarkets can be summarily described as a worthwhile company for potential traders, as it offers a fair range of tradable assets and fair service in terms of trading conditions.

 

TrioMarkets is seemingly targeted at the more well-established and experienced traders. Traders should be wary that a tailor-made platform is developed in such a way that profits can be made easier for the broker, from the clients.

TrioMarkets contact us

 

You might also like: TrioMarkets Account types

You might also like: TrioMarkets Fees and spreads

You might also like: TrioMarkets Demo account

You might also like: TrioMarkets Minimum deposit 

You might also like: TrioMarkets Sign up bonus

 

Disclaimer

TrioMarkets warns all potential customers that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors.

 

Before deciding to trade the products offered by TrioMarkets, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.

 

TrioMarkets warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable. Therefore TrioMarkets cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

 

Frequently Asked Questions

TRADING ENVIRONMENT

How many instruments can I trade with TrioMarkets?

You can trade the following financial instruments:

  • Forex
  • Indices
  • Metals
  • Cryptos
  • Energies
  • Shares

 

Which platforms are supported by TrioMarkets?

MetaTrader4, PAMM/MAM, WebTrader and Social Trading.

 

Does TrioMarkets offer leverage?

Yes. Leverage of up to 1: 300.

 

What spreads can I expect with TrioMarkets?

The Basic Zero Commission account offers spreads starting at 2.4 pips and the Standard Zero Commission Account’s spreads start at 1.4 pips. Advanced and Premium account’s spreads start at 0 pips.

 

Does TrioMarkets charge commission?

Yes. TrioMarkets charge a commission on the Advanced Account of $ 5.5 per side and$ 4 per side on the Premium account.

 

Are there additional charges on the Islamic account?

Not applicable since TrioMarkets does not offer the option to open an Islamic Account.

 

Is TrioMarkets regulated?

Yes. TrioMarkets is regulated by FSC, CySEC, BaFin, FCA, ACP, and MiFID.

 

Is TrioMarkets a recommended forex trading broker for experts and beginners?

Yes. It does make ample provision for both the beginner and the more experienced trader.

 

What is the overall rating out of 10 for TrioMarkets?

6/10.

ACCOUNTS

What is the difference between a demo and a live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.

A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

 

Does TrioMarkets offer a demo account?

Yes. The broker does offer a demo account that has the same features as the live account.

 

For how long is the demo account valid?

The demo account is valid for an unlimited period.

 

Does TrioMarkets offer the option of an Islamic Account?

No. TrioMarkets does not offer the option of an Islamic Account for traders of the Muslim faith.

 

Which live trading accounts does TrioMarkets offer?

  • Basic Zero Commission Account
  • Standard Zero Commission Account
  • Advanced Account
  • Premium Account

 

What are the available deposit currencies for a live trading account?

EUR, USD, GBP, and CHF.

 

DEPOSITS AND WITHDRAWALS

What is the minimum deposit for TrioMarkets?

$ 250.

 

How do I make a deposit and withdrawal with TrioMarkets?

TrioMarkets offers the following deposit and withdrawal methods:

  • Credit cards
  • Debit cards
  • Skrill,
  • CashU
  • Neteller
  • Bank Wire Transfer

 

Does TrioMarkets charge withdrawal fees?

TrioMarkets charges a fee of 3.0% of the PSP/NETELLER deposit amount and 0% on withdraws. Wire Transfer Fee is 1.5% with a minimum charge of 25.00 and a maximum of 50.00 (Base Currency). Withdrawal requests under 100,00 will be charged a fixed fee of 5 (Base Currency).

 

How long does it take to make a withdrawal?

The speed with which withdrawals are processed, depending on which account type a trader has signed up for, but the standard accounts have a 24-hour payout period, while the premium account has a 6-hour waiting time.





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