TrioMarkets Review 2023
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TrioMarkets is a CySEC-regulated online ECN trading broker.
Trade online currencies with ultra-low spreads.
Trade on top stock indices, including the FTSE & Dow Jones.
Trade CFDs with 1:100 leverage across multiple markets.
Trade cryptocurrency CFDs with 1:2 leverage.
TrioMarkets is an online ECN broker offering trading in forex, stocks and cryptocurrency through the MT4 platform. This review will evaluate the broker’s services, including the demo account, minimum deposit, leverage and login requirements. We’ll also explore their CySEC regulatory status.
TrioMarkets was founded in 2014 by three financial professionals with over 20 years of market experience. TrioMarkets also has an office in Limassol, where it holds a license with the Cyprus Securities & Exchange Commission (CySEC).
Today, the broker operates globally, offering a comprehensive spread of assets, trading platforms and accounts. TrioMarkets is predominately geared towards more experienced traders looking to execute high volume trades, although there are more basic, commission-free options for novice traders too.
TrioMarkets offers the MetaTrader 4 (MT4) platform and two additional add-ons; MT4 Trio Xtend and an MT4 web-based alternative.
MT4 is the primary trading platform offered by the broker. The easy to navigate and highly customisable interface makes it a crowd-pleaser among traders of all levels. The platform also hosts a wide range of features:
- Limit and Stop levels from 1 pip on all major forex pairs
- Dozens of technical indicators
- Automated trading (EAs)
- An intuitive interface
- Real-time charting
- One-click trading
- Analytical tools
- Mini lots
MT4 Trio Xtend
The platform extension enables both novice and experienced traders to trade like professionals. Features include innovative management tools, advanced trade execution, news and market data, plus sentiment trading. The add-on is quick and easy to configure.
MT4 Web Trader
The web trader platform enables users to trade from any device with an internet connection. There is no download or installation required. The web-based platform gives traders real-time financial markets and high-speed trade executions. Most of the downloadable features are available with the browser-based alternative.
TrioMarkets offers a decent breadth of 100+ tradable assets:
- Forex – Trade over 60 major, minor and exotic currency pairs such as the USD/EUR & EUR/GBP
- Commodities – Diversify your portfolio and trade gold, silver, crude oil or natural gas
- Cryptocurrency – Speculate on the price of Bitcoin, Ethereum, LiteCoin and Ripple
- Indices – Access major indices including the FTSE, DAX, & NASDAQ
- CFDs – Trade a wide range of CFDs, from any device
Spreads & Fees
Spreads vary by account type but are generally competitive. For Basic and Standard accounts, spreads begin at 2.4 pips, while for Advanced and Premium users, zero-pip spreads are available.
Basic and Standard account holders enjoy a commission-free structure. For Advanced accounts there is a commission per side of $5.5 and for Premium account holders, a commission per side of $4.
A dormancy fee of $30 per month is charged after three months of inactivity. Unfortunately, the broker could be more transparent about its additional fees. For example, overnight lending rates are unclear.
TrioMarkets offers high leverage levels. On forex trades, leverage up to 1:30 is available while with CFDs, leverage up to 1:30 is accessible. For cryptocurrency trading, leverage is capped at 1:2.
Leverage is borrowed capital to increase potential profits. High leverage can increase returns, however it also carries the risk of substantial losses.
TrioMarkets offers a mobile platform to facilitate on-the-go trading. The mobile trader auto-syncs to the desktop platform for a seamless trading experience. The app is available to download from the Apple App Store or Google Play Store. It is fully functional, easy to navigate and boasts a suite of features:
- Interactive real-time charting
- Multiple time frames
- Edit open positions
- 30+ indicators
- Live quotes
Payments can be made by Visa, Mastercard, ecommpay, Skrill, Neteller and Swissquote. Bank wire transfers are also accepted. The minimum deposit accepted is $500. Processing times depend on the account held but are guaranteed in between 6 and 24 hours.
There is a high withdrawal fee of 1.5% and a wire transfer fee of 1.5%, with a minimum charge of $25 and a maximum of $50. Withdrawal requests can only be made to an account registered to a TrioMarkets client.
TrioMarkets offers prospective clients the chance to trade risk-free through a demo account. Users are credited with 100,000 in virtual funds and an opportunity to trial new strategies, explore new instruments and test new markets. Demo account registration is quick and simple.
Bonuses & Promotions
TrioMarkets is not currently running any promotions due to CySec regulations.
Regulation & Licensing
TrioMarkets is licensed with the Cyprus Securities and Exchange Commission (CySEC). Regulatory oversight is a promising sign that an online provider can be trusted to pay out returns and promises a degree of financial security should the company go bankrupt.
TrioMarkets offers a wide range of educational resources including market news, calendars and video chart analysis. There is also a glossary, a market summary feature and the TrioAcademy to help guide trading activities. The tools are easy to access and offer great insight. Additional features of the MT4 platform include access to VPS, Fix API and MAM.
There are four accounts available to traders: Basic, Standard, Advanced and Premium.
Enjoy a zero commission structure with the Basic or Standard. These accounts are designed for novice and intermediate traders. The minimum deposit is $500 (or equivalent). FX leverage is available up to 1:30, CFD leverage is available up to 1:30, crypto leverage is 1:2, and the minimum spread is 2.4 pips.
The Advanced account is suitable for experienced users who want to trade with zero spreads and no restrictions. The minimum deposit is $25,000 (or equivalent).
The Premium account offers superior trading conditions and a dedicated account manager. The minimum deposit is $50,000 (or equivalent). Commissions are charged at $4 per side per standard lot.
Reasons to sign-up with TrioMarkets include:
- 100+ tradeable instruments
- Educational resources
- Popular MT4 platform
- MAM application
- CySEC regulated
- Fix API
Downsides of the broker’s offering include:
- High withdrawal fees
- US citizens not eligible
- High minimum deposit
Trading hours are specific to the asset and market. Once a live or demo account has been opened, users will be able to login and see the different hours listed. The website and platform are open 24/7 for general user management.
Any changes to the standard trading hours are communicated via the News tab of the website.
A reliable customer support team is operational 24/5 in English, French and Italian. They can be contacted through:
- Phone – +44 203 76 99474
- Email – firstname.lastname@example.org
- Live chat – bottom-right of the website
Users enjoy safe and secure trading with TrioMarkets. Funds are segregated and all transfers pass through a secure server using the latest SSL encryption technology. Clients are also protected via the Investor Compensation Fund ICF in the event of bankruptcy.
TrioMarkets.com provides multi-asset trading in a secure and regulated environment via the MT4 platform. Spreads are leverage rates are competitive. However, as customer reviews flag, minimum deposit requirements and withdrawal fees are high. We would recommend exploring the demo offering before opening a live account.
TrioMarkets accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders can not use TrioMarkets from United States, Israel, Iran, Korea.
|Minimum Trade||0.01 lots|
|AI / Machine Learning||No|
|Negative Balance Protection||No|
|Guaranteed Stop Loss||No|
CFD Trading Details
|GBPUSD Spread||From 0.00002|
Forex Trading Details
|GBPUSD Spread||From 0.00002|
|EURUSD Spread||From 0.0|
|EURGBP Spread||From 0.00002|
Cryptocurrency Trading Details
|Crypto Auto Market Maker||No|
Compare TrioMarkets with similar brokers that accept traders from your location. Among available brokers these are the most similar to TrioMarkets:
OANDA – OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
Go to OANDA
Forex.com – Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
Go to Forex.com
Webull – Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA with a strong trust rating. Low fees, no minimum investment and generous bonuses have made the discount broker popular with online investors.
Go to Webull
TrioMarkets Comparison Table
|Markets||Forex, CFDs, indices, commodities, cryptocurrencies||Forex||Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options||Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs|
|Minimum Trade||0.01 lots||$0||$1||$5|
|Regulators||CySEC||CFTC, NFA||CySEC, IIROC, NFA, CFTC, FCA, CIMA||SEC, FINRA|
|Bonus||–||$5,000 welcome bonus with a deposit of $500||–||Six free stocks|
|Platforms||MT4||MT4, TradingView, AutoChartist||MT4, MT5, TradingView, AutoChartist, TradingCentral||–|
|Leverage||1:30||1:30 EU, 1:200 Global||1:200||–|
Compare Trading Instruments
Compare the markets and instruments offered by TrioMarkets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
TrioMarkets vs Other Brokers
Compare TrioMarkets with any other broker by selecting the other broker below.
Is TrioMarkets a scam?
No, TrioMarkets is a legitimate online broker regulated by the CySEC. Its services are secure however traders should be wary of high withdrawal fees.
What bonuses does TrioMarkets offer?
At the time of writing, TrioMarkets is running two promotional offers; the refer a friend offer and a cashback offer. For more details, head to the website.
Is TrioMarkets a market maker?
No, TrioMarkets follows an ECN/STP trading model which often means tighter spreads and lower trading fees.
Is TrioMarkets a trustworthy broker?
TrioMarkets provides a safe and secure environment in which to trade. However, the company’s cost structure is not entirely transparent so traders should keep in mind there may be additional fees, such as overnight swaps.
How do I log in to my TrioMarkets account?
Account login can be found in the top right corner of the broker’s homepage. The sign-up and login process is quick, easy and secure.
|TrioMarkets is a CySEC-regulated online ECN trading broker.|