Trust Capital Fees and Minimum Deposit - TU Expert review
Assessing the size of the fees is the second most important factor for choosing a broker after reliability. The lower the fees, the more diverse their structure, the more beneficial it is to trade with the broker. Minimum deposit is another important factor that may tip the scale in favor of a certain broker. This is particularly important for novice traders, who cannot afford to invest a lot at the beginning. Traders Union analysts have prepared an analysis of Trust Capital fees and also assessed the size of its minimum deposit.
Short introduction of Trust Capital
Trust Capital is a contract for (price) differences (CFD) broker that offers over 200 assets in the following groups: currencies, cryptocurrencies, stocks, indices, commodities, metals, and energies. It provides a free demo account and two real accounts. The minimum deposit is $250, and the spread starts from 0.9 pips with no trading commission on Solo accounts. Holders of Solo accounts are traders who fully control their accounts and trade independently. The margin call and stop-out levels are 100% and 50%, respectively. The platform supports MetaTrader 4, including its mobile version. There are no trading restrictions, which allow scalping, hedging, and the use of advisors. The broker conducts educational lectures on its website and organizes webinars. It offers basic technical and fundamental analysis tools, such as calculators, newsfeeds, and an economic calendar. Deposits and withdrawals are processed through major channels such as Visa bank cards, PayPal, Neteller, Skrill, e-wallets, and crypto-wallets. Trust Capital offers partnership opportunities to anyone interested, with initial partner earnings starting at $10 per referral but potentially increasing to $300. The company's customer support is available via phone, email, and LiveChat on weekdays.
| 💰 Account currency: | USD, EUR |
| 🚀 Minimum deposit: | $250 |
| ⚖️ Leverage: | Up to 1:30 |
| 💱 Spread: | Floating, from 0.9 or 1.8 pips depending on the account |
| 🔧 Instruments: | CFDs on currencies, cryptocurrencies, stocks, indices, commodities, metals, energies |
| 💹 Margin Call / Stop Out: | 100% / 50% |
Trust Capital Pros and Cons
👍 Advantages of trading with Trust Capital:
•The free demo account allows exploring the broker's capabilities without risk and practicing trading strategies.
•There are competitive spreads on real accounts, with no trading commission on Solo accounts and market-average commission on Together accounts, which are currency pairs that typically move in the same direction, such as EUR/USD and GBP/USD.
•The company has excellent technical infrastructure, ensuring prompt trade execution, and stable virtual servers.
•Trust Capital uses the versatile MetaTrader 4 trading platform, suitable for both beginner and experienced traders.
•Deposits and withdrawals can be made through various well-known channels, and withdrawal fees are at the competitors’ level.
•The broker provides free educational materials that are highly valued by users and experts.
•The partnership program offers an opportunity for additional earnings from referrals.
👎 Disadvantages of Trust Capital:
•The broker lacks transparency, as traders may not know the commission size on the Together accounts until opening one.
•Apart from the partnership program, there are no other options for additional earnings, such as copy trading and MAM and PAMM accounts.
•The company does not offer services to residents of the United Kingdom, the Czech Republic, Belgium, Iran, and some other countries.
Key types of fees on Forex
A broker is an intermediary between a trader and an exchange. Therefore, brokers charge fees for their services. The fees may have different structure.
There are the following fees in the Forex market:
-
Spread – the difference between the buy and the sell price of an asset.
-
Commission per lot.
-
Commission per trade.
Broker fees may differ depending on the trading account type. For example, on some accounts spread is used as a trading fee, and on others – commission per lot.
Trust Capital Commissions and Fees
Brokers follow a similar policy when it comes to trading and non-trading fees. Most commonly, they charge traders using spreads and commissions. Spreads can be fixed or floating, and sometimes there is no commission. The conditions usually depend on the account type, and Trust Capital offers exactly that. For the Solo account, the spread starts from 0.9 pips, and there is no commission. For the Together account, the spread is from 1.8 pips, plus a commission. It is important to understand that the broker indicates the minimum spread size and the actual value is often higher since the spread is influenced by various factors, including the market conditions of the selected asset. This is why the real trading fees offered by the broker can only be known during the trading process. Transparency is a conceptual advantage here because Trust Capital is a regulated broker, and as such, it does not impose additional fees or hidden charges. Therefore, traders always know in advance how much a specific trade or transaction will cost them.
| Account type | Spread (minimum value) | Withdrawal commission |
| Solo | From 9$, floating, and no commission | Yes, in most cases |
| Together | From 1.8$ pips, floating, and with commission | Yes, in most cases |
Why is it important to assess minimum deposit?
It is important for beginners and traders with limited financial capabilities to assess the minimum deposit of the broker. Different brokers offer different levels. Some companies focus on working with professional traders and their entry threshold is usually in the thousands or tens thousands of US dollars. Brokers that work with beginners offer low minimum deposit. It could be $500 or $100, or even $1.
In addition minimum deposit may differ depending on the account type. This is also an important factor to analyze. If a broker offers a low entry threshold, traders can get better conditions and still not spend too much money on funding their account.
Trust Capital Minimum deposit
Guide on how traders can start earning profits
The account type is of paramount importance. With Trust Capital, it is quite simple as they offer two real accounts plus a demo account. The Solo option is versatile, with a reduced initial deposit and spread, and no commission. The Together option differs with an increased initial deposit ($1000) and higher spreads, starting from 1.8 pips, plus a trading commission. However, Together provides priority technical support, expanded education options, and a personal manager. The training process also differs, as it is more personalized. Essentially, Together accounts are designed for users with substantial capital who are willing to invest significant amounts in CFDs, thus requiring an elite approach from the broker. Otherwise, the accounts do not have any differences: both offer market order execution, a minimum trade size of 0.01 lots, and margin call and stop-out requirements at 100% and 50%, respectively.
Account types:
As a rule, traders prefer to start with a demo account. These accounts allow them to familiarize themselves with the platform, assess its advantages and disadvantages, and quickly test various strategies without risking financial losses. If a trader is satisfied with the performance on the demo account, they can make a deposit according to the requirements of the chosen real account. When selecting an account type, users typically consider their experience, financial capabilities, and ambitions.
Brokers similar to Trust Capital
When analyzing Trust Capital, it is important to compare it with other similar companies. Before you choose a broker, it is important to compare its trading conditions with competitors. Traders Union analysts have prepared a comparison of the minimum deposit and other trading conditions of Trust Capital and other brokers.
Comparison of Trust Capital with other Brokers
| Trust Capital | RoboForex | Pocket Option | Exness | Tickmill | 4XC | |
|---|---|---|---|---|---|---|
|
Trading platform |
MetaTrader4, Mobile platforms |
MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
Pocket Option, MT5, MT4 |
Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 |
MT4, MT5, Tickmill Mobile App |
MT5, MT4, WebTrader |
|
Min deposit |
$250 |
$10 |
$5 |
$10 |
$100 |
$50 |
|
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
|
Trust management |
No |
No |
No |
No |
Yes |
No |
|
Accrual of % on the balance |
No |
No |
No |
No |
No |
No |
|
Spread |
From 0.4 points |
From 0 points |
From 1.2 point |
From 1 point |
From 0 points |
From 0 points |
|
Level of margin call / stop out |
No |
No |
No |
No |
No |
No |
|
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 |
$30 |
$50 |
|
Cent accounts |
No |
Yes |
No |
No |
No |
No |
Expert Opinion
When comparing FTMO to similar prop firms, its conditions seem generally competitive and a balanced offering. With reasonable fees, enough leverage for many styles and an achievable cost starting from €155, it presents a solid choice for prop traders to evaluate further. There are also no added commissions on top of the spread which keeps trading costs low.
Some traders may find the testing requirements to be on the strict side, but this ensures people have proven themselves capable of managing risk before gaining access to larger funded accounts.
Overall, for those interested in prop trading and wanting the guidance of a funded program, FTMO offers a decent option to consider. Just be prepared to treat the challenge period like the job interview that it is.
Conclusion
Analysis of Trust Capital shows that the broker has a rather high minimum deposit. It could pose a problem for traders, who are only starting their path in trading. Nevertheless, the fees are low. Therefore, the broker will be a good choice for professional traders.
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FAQs
Is there trading without fees?
No. A broker may charge a minimum fee, but it will still be a fee. However, the company’s main source of revenue could, for example, be non-trading fees.
Can the level of the fees change if different accounts imply the use of different platforms?
Yes. Some brokers offer different trading platforms on different types of trading accounts. In this case, the size of the fee may change.
Can the level of fees differ for cent and standard accounts?
Yes. On cent accounts, the fees are generally lower than on standard accounts.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Olga’s motto: Do well and you’ll be well!