Overview of TrioMarkets 2021
TrioMarkets is a classic broker that offers trading on stocks, cryptocurrencies and currency pairs through MT4.
Despite the fact that the company has existed since 2014, the founders of the company have much more experience in the financial market. The company owner of the brand is BENOR Capital Ltd, with FSC regulator. The company consists of two representative offices: the head office in Mauritius and the Cypriot office in Limassol (regulated by CySEC).
The presence of only two offline offices doesn’t prevent the company to operate all over the world, providing a wide range of services. The company’s main client is an experienced trader who is ready to work only with big volumes. But it’s also true that beginners won’t be welcome here.
MT4 platform is available as the main platform with many configuration options and MT4 Trio Xtend as well as the web platform.
All limits are set to not less than 1 pip for forex
Wide set of technical indicators
EA trading (trading in automatic mode)
Accessible interface for everyone
Real time charting
Fast trade opening
Tools for Analytics
Minimum lot opening
MT4 Trio Xtend
This is an extension of the platform that allows new traders to use all the features of the platform along with the professionals. This includes a large selection of instruments, the latest news from the world of finance and a wide range of features.
MT4 Web Trader
This classic version of the browser-based terminal provides a wide range of functions, fast execution of orders and does not require downloading. You can access your trading account from anywhere in the world, and you do not need to carry a laptop with you
Among the assets, the trader will find hundreds of assets:
60 currency pairs, including the classical euro/dollar, euro/pound and quite exotic ones,
Commodities – diversify your portfolio with a number of commodities: gold, silver, oil, gas,
Crypto-currency -several major ones, including Bitcoin and Etherium,
Major Indices: NASDAQ, DAX, SNP,
Spreads may be both present depending on the account, e.g. for Standard and Basic accounts they start from 2.4 points and absent, as for clients who choose Advanced and Premium plans.
What about the commissions, for Premium accounts from four dollars in each direction, for the racy accounts of 5.5 dollars, the basic and standard accounts have no commission.
In case of absence of trade for more than three months, the company charges 30 dollars a month.
The company offers different leverage sizes. For example, for forex it is 1:500, for contracts 1:100. Cryptocurrency trading implies the use of the maximum financial leverage of 1:2.
The mobile app is fully synchronized with the PC version, which means that all open trades and watch lists can be available in all versions of the platforms simultaneously. Users of mobile application get freedom of movement and no ties to the computer. For example, a deal can be opened on the move outside of the home, and can be tracked with the desktop version of the terminal when they return to their PC. You can download the application from the official stores Play Market, App Store. Some of the features are shown below:
Charts with settings in the streaming mode
Time frames for viewing the current trend
Ability to make changes in open trades
Wide set of indicators
You can pay with Visa, MC bank card, as well as by wire transfer. There are also payment options via electronic services like Skrill, Neteller and Ecommpay. The company offers a minimum initial deposit of five hundred U.S. dollars. In addition to the bank transfer, which can be credited within 3-5 days, all other methods are processed within one day.
There is a fee for withdrawing funds from your trading account – 1.5 percent, the minimum amount of commission – 25 dollars, and the maximum value set by the company – 50 U.S. dollars. Before making a withdrawal, make sure. Pass the verification of your account.
TrioMarkets offers 100 thousand virtual dollars to trade on a demo test account. This is a great opportunity to try out new strategies, use new tools, and try your hand at trading in new markets. To get access to the test account is not difficult, just register, stating your e-mail and some personal data. Usually, the whole process takes no more than five minutes
Bonuses and promotions
Now active only two promotional offers: a referral program (bonuses for attracting friends) – with bonuses up to 15 percent for each item sold and the opportunity to win 10,000 dollars.
Regulation and licensing
Since the broker has off-line representative offices in Mauritius and Cyprus, it is also regulated in these jurisdictions, and the Cypriot regulator is noted as quite authoritative in the financial industry. Considering the fact that one of the regulators has the status of the European supervisory body, it gives every reason to believe that the payment from the trading account will be made without delays, and clients are protected from the company’s bankruptcy.
The company offers basic materials for gaining general knowledge about trading in financial markets, in addition to textual materials, there are summaries of the most relevant news of the financial sector, as well as calendars, using which you will never miss an important event that can affect your income. Additional features include access to VPS and MAM.
The trader can choose one of four accounts, these are:
Support is available in three basic languages: English, French and Italian. You can contact a specialist by phone, mail or chat on the website.
The most important thing that worries any trader is how to secure their funds gained from trading. And one of the main tasks of a broker is to provide complete financial security for a client. That is why the separate keeping of the clients and company funds is used, as a rule these are the accounts in big banks. Moreover, every financial operation passes through an encrypted channel. This broker guarantees that in the case of bankruptcy, clients will receive reimbursement from the ICF fund.
TrioMarkets is a broker with responsible approach to safety of funds and personal information of its clients. Working through MT4 application is convenient and fast. Credit leverage of a good level increases income level, provided working on good information, however, clients notice high level of initial deposit and high withdrawal fee.