In this TriumphFX Review, we are going to take a look at the offer that this broker prepared for its traders. TriumphFX is regulated by the CySEC in Cyprus. TriumphFX operates on the financial market since 2010. When it comes to trading platforms, the broker features MetaTrader 4. The TriumphFX minimum deposit is 100 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this TriumphFX Review
| Website address: | https://www.triumphfx.com/ |
| Operated by: | Triumph Int. (Cyprus) Limited. |
| Licensed and authorised by regulatory bodies: | CySec |
| Supported languages: | English |
| Customer support available via: | E-mail, phone |
| Contact details: | [email protected] +35725030337 |
| Available deposit methods: | Bank transfer, Debit and Credit Cards (MasterCard, Visa), Neteller, Skrill |
| Available withdrawal methods: | Bank transfer, Debit and Credit Cards (MasterCard, Visa), Neteller, Skrill |
| Minimum deposit: | 100 USD |
| Min. trade in lots: | 0.01 |
| Spreads: | Typical spread on the currency pair EUR/USD - 0,6 pips * on standard account type |
| Tradable assets: Might be a CFD. | Forex (60) |
| Mobile app: |  |
| MetaTrader 4: | |
| Other trading platforms: | |
| Social trading: |  |
TriumphFX Fees (typical spreads)
We have scanned fees (typical spreads) that TriumphFX charges when trading popular currency pairs, here is their breakdown in pips.
| EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| 1,3* | 0,6* | * | * | * | 0,8* |
*Typical spreads were recorded on 29.07.2020 at 18:41 for the standard account. TriumphFX spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: GBEBrokers, ExecutiveForex, RichmondFG and HKAISFX
Frequently Asked Questions
🧐 Is TriumphFX a Scam?
TriumphFX is a broker licensed and regulated by the CySec. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that TriumphFX is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the TriumphFX minimum deposit?
In order to start trading with TriumphFX, you have to deposit at least 100 USD (Trading accounts can also be held in EUR, USD, GBP).
📵 What deposit and withdrawal methods TriumphFX supports?
⚖️ Would you recommend me choosing TriumphFX?
We don’t have our own personal experience with TriumphFX. However, because the broker is regulated by the CySec, there is a high chance that it is not a scam. With that being said, it still does not mean that TriumphFX is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.
Is it true that the average monthly earnings can easily be between 5 to &7% when all such companies that I looked up has this reminder – that “74-89% of retail investor accounts lose money”?
I am being briefed that by investing US1,000 now, this amount could grow to US 1 million on the 10th year!
Your advice please. Thank you
I suspect that the investment being explained to you is ‘managed funds’ through Triumph FX? The website information here relates to the majority of Triumph FX business which is independent retail trading, which has the level of risk outlined above.
Managed funds are private, by invitation only and have a different method of operation and risk
Big FRAUD – Please do NOT invest – READ review
I request whoever reading this review to please NOT to invest here. This is a big fraud.
* They talk nicely before investing`
* There is not withdrawal option please note this. You need take approval from these. Scam people which will never happen If you insist for withdrawal they will advice to open a deal against the market trends and you will lose all you funds in one deal. marketpeace, net help me recover my funds from them.