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 |
Min Deposit
USD 250
Regulators
CySEC, BaFin, FCA, ACP, MiFID
Trading Platform
MT4, Sirix
Crypto
Yes
Total Pairs
60+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
TrioMarkets Review – 16 Key Point Quick Overview
TrioMarkets Overview
TrioMarkets Safety and Security
TrioMarkets Sign-up Bonus
- TrioMarkets Minimum Deposit
- TrioMarkets Account Types
- TrioMarkets Account Features
- TrioMarkets Demo Account Features
- How to set up a Demo Account – Step by Step
- TrioMarkets Fees and Spreads
- TrioMarkets vs Trading 212 vs Valbury Capital – A Comparison
- TrioMarkets Current Popularity Trend
- TrioMarkets Customer Reviews
- TrioMarkets Review Pros and Cons
- Conclusion
- Disclaimer
- 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 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
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 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 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.
Min Deposit
USD 250
Regulators
CySEC, BaFin, FCA, ACP, MiFID
Trading Platform
MT4, Sirix
Crypto
Yes
Total Pairs
60+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
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
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
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
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
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 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.’
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.
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.
Min Deposit
USD 250
Regulators
CySEC, BaFin, FCA, ACP, MiFID
Trading Platform
MT4, Sirix
Crypto
Yes
Total Pairs
60+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
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
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
Good company for trading
, great website for trading, easy to use, no issue been found
excellent
very good company and very accommodative, has very professionals employees that know what they doing.
Min Deposit
USD 250
Regulators
CySEC, BaFin, FCA, ACP, MiFID
Trading Platform
MT4, Sirix
Crypto
Yes
Total Pairs
60+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
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.
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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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