78.23% of retail investor accounts lose money when trading CFDs with this provider.
TrioMarkets Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MetaTrader4
- MT4 TrioXtend
- CySEC
- FSC (Mauritius)
- DFSA
- CySEC
- 2019
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MetaTrader4
- MT4 TrioXtend
- CySEC
- FSC (Mauritius)
- DFSA
- CySEC
- 2019
Our Evaluation of TrioMarkets
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
TrioMarkets is a broker with higher-than-average risk and the TU Overall Score of 4.63 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by TrioMarkets clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
TrioMarkets positions itself as a broker for traders with any experience, however, an analysis showed that its conditions are more focused on experienced market participants.
Brief Look at TrioMarkets
TrioMarkets is an STP (straight-through processing) and ECN (Electronic Communication Network) broker that works on the NDD (No Dealing Desk) protocols. It has been offering its services since 2014. It has several licenses, including those from the Financial Services Commission (FSC) of Mauritius and the Cyprus Securities and Exchange Commission (CySEC), and it partners with major European banks and developers of trading applications. TrioMarkets offers 60 currency pairs and CFDs on cryptocurrencies, stocks, metals, indices, and energies for trading. The broker's software provides for independent trading, investing in MAM and PAMM accounts, and copying trades of other traders.
- Good choice of trading assets, especially currencies, and CFDs on stocks;
- Leverage for currency pairs is 1:30-1:500 depending on the client's country of registration;
- Reliable regulation: the broker is licensed by the European and International Financial Supervision Commissions;
- Choice of STP and ECN technologies, and different versions of MT4 for comfortable trading conditions;
- Bonuses for new and existing clients, including trading fee cash backs;
- 10+ deposit and withdrawal methods;
- Many channels for communication with technical support.
- High spreads on accounts with deposits up to $5,000;
- Absence of cent accounts and full-fledged training for novice traders;
- Withdrawal fees are charged for all payment methods.
TU Expert Advice
Financial expert and analyst at Traders Union
TrioMarkets has been providing its services for almost 10 years, regularly adding new assets and payment methods, and adjusting its conditions of trading, partnership, and bonus programs. Representative offices of the company are open in more than 10 countries, and all of them work under the strict control of local regulators. TrioMarkets’ client funds are held with Swissquote Bank, which is the Swiss leader in online banking.
The company offers two VPSs, provided by HokoCloud and ForexVPS.net. Both servers provide for trading without breaks, weekends, and a constantly running platform. TrioMarkets allows automated trading through expert advisors, so for clients using this strategy, a VPS is mandatory. Clients who trade on their own can also use virtual hosting for faster order processing and efficient trading without platform freezing.
TrioMarkets is loyal to its clients. For example, a minimum withdrawal amount is $50-$100 depending on the chosen payment method. You can also trade with a micro lot, which is equal to 0.01 of a standard lot. Clients have access to mobile trading and a web platform for trading from any device. The broker offers solutions for novice traders and passive investors, bonuses, and partnership programs with high rewards.
TrioMarkets Summary
Your capital is at risk. 78.23% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | МetaТrader 4 (desktop, mobile, and web versions) and MT4 TrioXtend |
|---|---|
| 📊 Accounts: | Demo, Basic, Standard, Advanced, and Premium-ECN |
| 💰 Account currency: | USD and EUR |
| 💵 Replenishment / Withdrawal: | Bank transfers, Visa, Mastercard, Neteller, cryptocurrencies, online payment systems |
| 🚀 Minimum deposit: | $100 |
| ⚖️ Leverage: | Up to 1:500 |
| 💼 PAMM-accounts: | Yes |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | From 2.4 pips for Basic, from 1.4 pips for Standard, from 1.1 pips for Advanced, and from 0 pips for Premium-ECN |
| 🔧 Instruments: | Forex, cryptocurrencies, stocks, indices, metals, and commodities |
| 💹 Margin Call / Stop Out: | 120%/50% |
| 🏛 Liquidity provider: | Swissquote Bank and other major banks |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market |
| ⭐ Trading features: | Trading without requotes and order rejection |
| 🎁 Contests and bonuses: | 10% Credit to Cash Bonus, Cash Back Bonuses, and Refer a Friend |
Trading more than 140 financial instruments with variable conditions is available on MT4 which is provided by TrioMarkets. There is a choice of account types, payment methods, and bonuses. The maximum leverage for all account types is 1:500. In some countries (for example, in the CySEC regulated area), trading leverage for retail traders is limited to 1:30. To start trading, make a deposit of $100, $5,000, $25,000 or $50,000, depending on the account type selected.
TrioMarkets Key Parameters Evaluation
Share your experience
- Best
- Last
- Oldest
Trading Account Opening
To access TrioMarkets’ user account, register on its official website. To receive spread compensation from Traders Union, go to the broker's website using TU’s referral link. Brief instructions for registration are as follows:
Find the “Register” or “Open Account” buttons and click either of them.
Complete the registration form for an individual client. The company requests a minimum of personal data, namely your first and last names, phone number, and email. Mandatory steps during registration are creating a reliable password and confirmation of email. After that, you can access your user account.
Features of TrioMarkets’ user account:
Other features of the user account:
Withdrawal of funds and internal transfers between accounts;
Open a demo account or additional trading accounts;
Transaction history;
Create a new support ticket and view responses to previously created ones;
Download desktop MetaTrader 4;
Switch to WebTrader;
Market reviews, newsfeeds, economic calendars, and real-time currency quotes.
Regulation and safety
TrioMarkets is regulated by FSC Mauritius with license number C118023678. This company also has a branch in the United Arab Emirates, which is licensed by the local regulator DFSA under No. 1082819. Traders from EU countries are served by a division licensed by CySEC under No. 268/15.
Other representative offices of TrioMarkets are registered with BaFin (Germany), CNMV (Spain), CMVM (Portugal), AFM (Netherlands), ACPR (France), and CONSOB (Italy). The funds of the broker's clients are protected by the Investor Compensation Fund (ICF).
Advantages
- Client funds are held in a major bank
- Traders’ funds are segregated from the broker’s equity
- Registration by financial commissions of nine countries confirms the broker’s reliability
- Contact Traders Union’s legal department for a consultation and representation. It protects its members’ rights without charge.
Disadvantages
- Some regulators prohibit bonuses and partnership programs
- Retail traders from the EU cannot use leverage above 1:30
- Trading conditions for different countries may differ subject to the requirements of local regulators
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Basic | $24 | Yes |
| Standard | $14 | Yes |
| Advanced | $11 | Yes |
| Premium-ECN | $0 | Yes |
Swaps are charged for transferring positions overnight. The comparative table below shows the average trading fees of TrioMarkets and its competitors.
| Broker | Average commission | Level |
|---|---|---|
|
$12.3 | |
|
$1 | |
|
$8.5 |
Account types
TrioMarkets offers STP and ECN accounts. All provide for trading currency and cryptocurrency pairs, stocks, indices, metals, and commodities. The minimum trading volume is 0.01 lots. Account currencies are USD and EUR.
Account types:
Before opening a trading account and depositing real money, you can test the broker’s conditions on a demo account with a virtual deposit.
TrioMarkets specializes in the Forex market but also provides an opportunity to trade CFDs on commodities, stocks, and cryptocurrencies.
Deposit and Withdrawal
-
Withdrawal methods are bank transfers, bank cards, and Neteller. Local payment systems and cryptocurrency transactions in Bitcoin, Ethereum, and Ripple are also available;
-
Withdrawal requests are processed from 6 to 24 hours depending on the account type. By bank transfer, funds are received by the client within 1-3 days after the withdrawal is approved by the broker, by other methods, it may be within 24 hours;
-
The bank transfer fee is 1.5%, but not less than 25 and not more than 50 units of the account base currency. If clients withdraw less than €100 by SEPA transfer, a fixed fee of €5 is withheld. The fee for withdrawal to bank cards or electronic systems is 1% of the amount, while to cryptocurrency wallets it is 1.5%;
-
Only USD and EUR can be withdrawn to cards and Neteller, while USD, EUR, GBP, and CHF can be withdrawn to a bank account. Local payment providers make withdrawals in VND, MYR, THB, and PHP.
Investment Options
The TrioMarkets automated trading platform and PAMM and MAM systems provide for receiving passive income without executing trades manually. This method of making a profit is suitable not only for professionals who for some reason do not want to trade themselves but also for Forex novice traders. Partnership programs also provide for making passive income.
PAMM and MAM and copy trading are solutions for receiving income without trading manually
TrioMarkets’ investment services are easy to use, accessible to any trader, and have transparent trading and profit statistics. Available programs and their key features are as follows:
PAMM and MAM accounts. Funds are transferred to the management of experienced traders, and they use them for their trades. Managers also use their own capital and the money of other investors for trading. When the trade is closed, there is an automatic distribution of profit or loss (subject to the trading result) between all participants of the system;
Social trading. On a special platform, investors can sort out signal providers by such indicators as account creation time, risk ratio, and maximum profitability or loss. Trades of the selected provider are copied to the investor's account. If the price forecast was correct and brought profit to subscribers, they pay fees to the managers for their efficient work.
Social trading and investing in managed accounts do not guarantee profits. Success depends on how accurate the price forecast was made by the account manager or signal provider.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Partnership programs from TrioMarkets:
Introducing Broker (IB). This program provides for individual and corporate clients of TrioMarkets to profit from their clients' trading activities on an ongoing basis. The reward is up to $10 for each lot closed by the attracted trader;
CPA Affiliate. This program provides for earning money by registering traders with TrioMarkets. The partner places the referral link on social networks and receives a reward if another trader uses this link to become the broker’s client. The amount of payments varies. The maximum CPA (Cost per Action) fee is $1,000.
TrioMarkets offers its partners advanced online conversion tracking technology, a multi-level fee structure, and monthly reward payouts.
Customer support
Traders can get 24/5 support. Communication with the broker is not available when markets are closed.
Advantages
- Support is available round the clock on weekdays
- Online support, including popular instant messengers, is available
Disadvantages
- Emails are answered within 1 business day
- Responses of technical support are not always comprehensive
Communication channels with TrioMarkets are:
-
telephone;
-
email;
-
live chat on the website;
-
email and phone feedback forms;
-
WhatsApp and Telegram;
-
ticket system in the user account (only for registered clients).
Traders can contact support in English, French, Italian, German, and Arabic by calling the local phone numbers.
Contacts
| Foundation date | 2019 |
|---|---|
| Registration address | BENOR Capital Ltd, The Catalyst, Level 2, Suite 201, Plot 40, Silicon Avenue, Ebene, Mauritius |
| Regulation |
CySEC, FSC (Mauritius), DFSA, CySEC
Licence number: 268/15, C118023678 |
| Official site | https://www.triomarkets.com/en/ |
| Contacts |
+442037699474, +35725030056
|
Education
TrioMarkets does not have a comprehensive training course for people who want to make money on trading. In the Company section of the website, there is a Glossary with terms from financial markets and FAQs on starting Forex trading through TrioMarkets. The Markets section briefly describes all the trading instruments available with the broker.
To gain practical trading skills, use a TrioMarkets demo account. It has the same trading conditions as a live account, but on a demo, no funds are required to execute trades.
Comparison of TrioMarkets with other Brokers
| TrioMarkets | RoboForex | Pocket Option | Exness | Octa | IC Markets | |
| Trading platform |
MetaTrader4, MT4 TrioXtend | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MetaTrader4, MetaTrader5 | MT4, cTrader, MT5, TradingView |
| Min deposit | $100 | $10 | $5 | $10 | $25 | $200 |
| Leverage |
From 1:1 to 1:500 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:500 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 1.4 point | From 0 points | From 1.2 point | From 1 point | From 0.6 points | From 0 points |
| Level of margin call / stop out |
120% / 50% | 60% / 40% | 30% / 50% | No / 60% | 25% / 15% | 100% / 50% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | Yes | No | No | No | No |
Detailed review of TrioMarkets
TrioMarkets works on ECN/STP/NDD technologies, which allows its clients to trade without a conflict of interest with the broker, trade with the highest execution speed, and the best prices from liquidity providers. For retail, corporate, and institutional clients, TrioMarkets offers solutions customized to their profile, needs, and requirements. All the solutions are based on powerful technologies, a wide range of assets, and high-quality technical support.
TrioMarkets by the numbers:
-
Almost 10 years as a Forex intermediary;
-
Average order execution speed is 0.1 seconds;
-
140+ trading instruments;
-
10+ deposit and withdrawal methods.
TrioMarkets is a broker specializing in Forex and various types of CFDs
TrioMarkets offers a fairly extensive choice of trading instruments. These include 60 currency pairs, metals (gold, silver, platinum, and palladium), gas, and Brent Crude oil. The broker also offers USD/BTC, USD/LTC, USD/XRP, and USD/ETH pairs, 9 stock indices, and more than 60 CFDs on stocks. The maximum leverage for currencies is 1:500, for indices and metals it is 1:100, for energies it is 1:50, for stocks it is 1:5, and for cryptocurrencies it is 1:2. Some assets have positive swaps, but not for all positions. For example, there is a positive swap short for gas, and swap long for USD/CHF, CAD/CHF, and AUD/CHF pairs. Zero swaps are also available for USD/DKK (long position) and on swap-free accounts.
TrioMarkets’ clients trade on desktop and mobile MetaTrader 4, as well as on WebTrader. МТ4 TrioXtend is an updated and extended version of MetaTrader with more trading and analytical capabilities.
Useful services offered by TrioMarkets:
-
Market Review. It is a real-time broadcast of bid, ask, low, and high prices for major currency pairs and gold, available in the user account;
-
Newsfeeds. They publish reviews of important economic and financial events that may affect the value of assets in the short term;
-
TrioXtend. This is an advanced toolkit for MT4, which provides for tracking important information on financial instruments and market sentiment, conducting analysis, and receiving news and trading signals;
-
Economic calendar. The calendar from investing.com is available on the TrioMarkets website. It provides important news and events, and economic and financial indicators in real-time.
Advantages:
Client funds are held in segregated accounts with major banks separately from TrioMarkets capital;
The broker offers favorable conditions to traders who prefer trading on the ECN network;
A choice of virtual servers with different characteristics is available;
TrioMarkets uses negative, positive, and zero swaps (for some instruments);
Passive income options are available.
TrioMarkets offers favorable trading and working conditions to both experienced market participants with a reserve of funds, and novice traders with minimal experience who want to succeed in Forex.
User Satisfaction