TrioMarkets Review – What to expect from the broker

TrioMarkets is a STP CFD Broker that features on its trading platform CFDs on forex, shares, commodities, indices. TrioMarkets is a subsidiary company of EDR Financial Ltd, a corporation that is regulated and overseen by the Financial Conduct Authority (FCA) in the United Kingdom and in Cyprus by the CySEC. The minimum spread is for EUR/USD 2.4 pips*, real trading is possible with the minimum deposit of $500. The TrioMarkets website is available in English, French, Russian, Arabic, German, Chinese, Vietnamese, Italian, Hungarian.

What do we cover in our TrioMarkets Review?


General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Basic information about the broker

  • Website address: www.TrioMarkets.com
  • Leverage: up to 1:30
  • Instruments: CFDs – Forex, shares, commodities, indices
  • Minimum deposit: $500
  • Demo account: Yes, free of charge ($10,000 play money)
  • Methods of deposit and withdrawal: Wire Transfer, Skrill, Neteller, Credit and debit cards (Visa/MasterCard) – TrioMarkets™ charges a fee of 1.5% of the withdrawn amount.

TrioMarkets Trading Platform

For FX and CFD trading, TrioMarkets offers MT4. A popular platform used not only for executing trades but also for analyzing financial markets and automated trading. MT4 can be downloaded to any computer or can be accessed via just a web browser or a mobile application. The trading platform gives access to over 100 trading instruments. The average execution speed is under 86 m/s. The broker also features 2 Social Trading platforms: TrioSocio and MT4 Social Trading. Both these social platforms allow users to follow and copy the trades of traders with a successful track record.

TrioMarkets Spreads

As any other CFD broker, TrioMarkets charges a spread fee. For the most current spread charges, please visit the TrioMarkets.com website. Here is a spread comparison table that contrasts TrioMarkets spreads with popular industry competitors.


Asset EUR/USD USD/JPY GBP/USD AUD/USD
TrioMarkets* 2.4 2.4 2.4 2.4
Plus500** 0.6 0.7 1.1 0.6
IQOption** 1.2 0.9 1.5 1.6

*Minimum spreads recorded on 13.06.2019 at 20:24 GMT, spread charges data were taken from the website of the broker for the basic account. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.

To sum up the TrioMarkets Review

TrioMarkets adheres to strict regulatory guidelines of the CySEC (license number 268/15) and is in the register of FCA, BaFin, CNMV, CMVM, CONSOB and ACPR. Spread charges are not exceptionally competitive for the basic account, they are, however, better for the standard account where they start from 1.4 Pips* and not from 2.4*. In order to open a standard account, the minimum deposit is $5000 and not $500 as it is for the basic account. I would also like the broker to offer CFDs at least on Bitcoin or on another popular cryptocurrency.

 

Your review can make a difference to other traders, please leave a comment if you have any personal experience with TrioMarkets.



Michael
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