Traders Trust is a Forex broker that offers trading services through its Classic, Pro, and VIP accounts. This broker has a $50 minimum deposit, 0% deposit and withdrawal fees, and high leverage (up to 1:3000).
Traders Trust offers Social Copy Trader and MAM accounts, which enable account managers to trade 200+ instruments and allow traders to earn passive income.
Traders Trust Broker Company Information & Regulation Status
Traders Trust has over a decade of experience providing trading services. The company operates under two main entities:
- TTM Traders Trust Ltd: Regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 107/09
- Traders Trust Capital Markets (TTCM) Ltd: Regulated by the Financial Services Authority (FSA) of Seychelles
The forex broker's operations comply with the European Union’s MiFID II framework. This regulatory oversight gives traders a sense of security and ensures that the broker adheres to strict financial standards.
Traders Trust Broker Summary of Specifications
Here's a quick overview of what Traders Trust offers:
Broker | Traders Trust |
Account Types | Classic, Pro, VIP |
Regulating Authorities | CySEC, FSA |
Based Currencies | USD, EUR, JPY, GBP |
Minimum Deposit | $50 |
Deposit Methods | Visa/MasterCard, Paypal, Bank wired, Neteller, Skrill, USDT, BTC |
Withdrawal Methods | Visa/MasterCard, Paypal, Bank wired, Neteller, Skrill, USDT, BTC |
Minimum Order | 0.01 Lot |
Maximum Leverage | 1:3000 |
Investment Options | Copy trading, MAM accounts |
Trading Platforms & Apps | MT4, cTrader |
Markets | Forex, indices, cryptocurrencies, oil, stocks, metals |
Spread | Floating from 0.0 pips |
Commission | From $1.5 per lot |
Orders Execution | Market |
Margin Call/Stop Out | 50%/20% |
Trading Features | Demo account |
Affiliate Program | Yes |
Bonus & Promotions | 50k convertible bonus, loyalty program, cashback rebate |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Email, live chat, phone |
Customer Support Hours | 24/5 |
Restricted Countries | Iran, Syria, North Korea, Lebanon, USA, Australia, and more |
Traders Trust Account Types Overview
Traders Trust offers three main account types to cater to different trading styles and experience levels:
Account types | Classic | Pro | VIP |
Minimum deposit | $50 | $500 | $5,000 |
Minimum trading volume | 0.01 Lot | 0.01 Lot | 0.01 Lot |
Maximum Leverage | 1:3000 | 1:3000 | 1:3000 |
Spreads | Floating from 1.5 pips | Floating from 0 pips | Floating from 0 pips |
Commission | No | $3 per lot | $1.5 per lot |
All account types offer access to the full range of trading instruments and platforms. The main differences lie in the spread and commission structure, allowing traders to choose the account that best suits their trading strategy and volume.
It’s worth mentioning that Traders Trust also offers demo and Islamic accounts to its users.
Traders Trust Islamic Account
Traders Trust offers Islamic (swap-free) accounts that comply with Shariah principles. Upon approval, traders can operate without earning or paying interest on overnight positions.
However, swap-free terms may not apply to all trading instruments and may be subject to administrative conditions. Interested clients must request account conversion via the support team.
Traders Trust Advantages and Disadvantages
Considering the benefits and drawbacks of a Forex broker is critically recommended when choosing one. Let's take a look at the pros and cons of trading with Traders Trust:
Advantages | Disadvantages |
High leverage up to 1:3000 | No US clients accepted |
Competitive spreads from 0.0 pips | No MT5 platform |
Regulated by CySEC and FSA Seychelles | $25 inactivity fee |
Wide range of trading instruments | Outdated educational resources |
Traders Trust Registration and Verification
The Traders Trust registration process is fast and straightforward. In under five minutes, users can submit basic personal details, verify their email, and access their trading dashboard. The process is entirely free and requires no initial deposit.
#1 Open the Traders Trust Registration Page
Go to the official Traders Trust website and click on “Open an Account”. Then, select the “Join Now” option to access the registration form.
#2 Enter Basic Details
Fill in the application form with the following details:
- Full name
- Email address
- Country of residence
- Phone number
Agree to the terms and conditions by checking the box, then click “Sign Up” to proceed.
#3 Verify Your Email Address
A verification email with a PIN code will be sent to your inbox. Copy the PIN, paste it into the verification field on the website, and click “Verify”. After confirmation, log in and accept the terms again to access your dashboard.
#4 Complete the KYC Procedure
Log in to your client dashboard, navigate to the KYC section, and provide additional personal information. At the end, you must upload supporting documents, including:
- Proof of ID: Passport or National ID
- Proof of Address: Utility bill or Bank statement
Traders Trust Broker Trading Platforms and Applications
Let’s go through the trading platforms and apps in our Traders Trust review. This broker offers two popular trading platforms, including MetaTrader 4 and cTrader.
Traders Trust MetaTrader 4 (MT4)
- Industry-standard platform
- User-friendly interface
- Advanced charting tools
- Available on desktop, web, and mobile
If you are interested in exploring the platform's indicators, you can visit the MT4 indicator page on the website.
Links:
Traders Trust cTrader
- Modern and intuitive platform
- Advanced order types
- Available on desktop, web, and mobile
- Over 50 indicators and 6 zoom levels
Links:
The choice between MT4 and cTrader often comes down to personal preference, with cTrader offering a more modern interface and some advanced features that may appeal to certain types of traders.
Traders Trust Fees, Spreads, and Commissions
Traders Trust offers straightforward pricing across its account types:
Account type | Spread | Commission |
Classic Account | From 1.5 Pips | No commission |
Pro Account | From 0.0 Pips | $3 per lot per side |
VIP Account | From 0.0 Pips | $1.5 per lot per side |
This tiered structure allows traders to select a cost model that aligns with their strategy and trade frequency.
The broker uses a floating spread model, meaning spreads can widen during volatile market conditions. Traders Trust other fees:
- No deposit or withdrawal fees
- Standard currency conversion fee
- Rollover fees for overnight positions held open
- $25/Mon inactivity fee
Traders Trust Deposit & Withdrawal Options
Like many other Forex brokers, Traders Trust offers a variety of deposit and withdrawal methods to cater to traders worldwide:
- Bank wire transfer
- Credit/debit cards (Visa, Mastercard)
- E-wallets (Skrill, Neteller)
- Cryptocurrencies (Bitcoin, USDT)
Key points about deposits and withdrawals:
- No fees charged by Traders Trust for deposits or withdrawals
- Minimum deposit: $50
- Most methods process instantly, except bank transfers (1-3 business days)
- Withdrawal requests processed within 24 hours
The broker's commitment to fee-free deposits and withdrawals, along with quick processing times, is a significant advantage for traders.
Traders Trust Copy Trading and Investment Options
Traders Trust offers Social Copy Trader and MAM accounts for its users:
Traders Trust Social Copy Trader
Traders Trust Social Copy Trader allows users to mirror the strategies of expert traders in real time, making trading accessible for beginners. The copy trading feature offers a user-friendly platform where traders can follow top performers and execute the same trades automatically.
Traders Trust MAM Account
The Multi-Account Manager allows traders to manage multiple client accounts and execute strategies on all the accounts simultaneously. This enables high-performing traders to charge clients and receive commissions for their knowledge and skills.
Tradable Markets & Symbols in Traders Trust
Traders Trust offers a wide range of 200+ trading instruments across various asset classes, from the Forex market to Stocks and Cryptocurrencies.
- Forex: Over 60 currency pairs
- Indices: Major global stock indices, including US500, EU50, and JP225
- Metals: Gold, silver, Platinum
- Stocks: CFDs on popular US and European stocks
- Cryptocurrencies: Bitcoin, Ethereum, and Litecoin
- Oil: US and UK oil
This wide range of assets enables traders to diversify across multiple markets from a single platform.
Traders Trust Broker Bonuses
Traders Trust offers several attractive promotions:
50K Convertible Bonus:
- 100% bonus on deposits up to $50,000
- Convertible to real cash through trading
- Available in MT4 Classic and Pro account
- Minimum deposit $300
Partner Loyalty Program:
- Earn by becoming a Traders Trust partner
- Receive up to 3% commission from direct clients
Cashback Rebate:
- Trade for at least 10 round turn lots per day
- Earn up to $2,000 daily cashback
Traders can also request a free VPS by trading at least 5 round turns in 1 month and keep their account balance over $2k
Traders Trust Support Channels
Traders Trust provides 24/5 customer support through multiple channels:
- Live Chat: Available on the website for quick inquiries
- Email: support@ttcm.com
- Phone: +442031295899
- FAQ section: Comprehensive answers to common questions
The support team is known for its responsiveness and ability to assist in 6 languages, enhancing the overall trading experience.
Traders Trust Restricted Countries
While Traders Trust serves clients globally, there are some restrictions. The broker does not accept clients from:
- North America: USA, Canada
- South America: Cuba, Venezuela, Puerto Rico
- Africa: Guyana, Lao People’s Democratic Republic, Uganda, Sudan
- Asia: Afghanistan, Syria, Iran, Iraq, North Korea, Japan, Yemen
- Australia and New Zealand
Trust Scores and Reviews of Traders Trust Broker
The Traders Trust Trustpilot profile has generally received positive feedback.
- Rating: 4.6 stars out of 5
- 5-star reviews: 87%
- Total number of reviews: Over 430
While the broker maintains a good overall reputation, as with any financial service, individual experiences may vary.
Traders Trust Broker Educational Resources
Traders Trust's educational offerings are somewhat limited and outdated. Their education page hasn’t been updated for over 3 years. Beginners might need to supplement their learning with external resources.
You can use TradingFinder's Forex education section to access additional learning materials.
Traders Trust Comparison Table
The table below provides a comprehensive comparison between Traders Trust and other brokers:
Parameter | Traders Trust Broker | LiteForex Broker | HFM Broker | FXGlory Broker |
Regulation | CySEC, FSA | CySEC | CySEC, DFSA, FCA, FSCA, FSA | No |
Minimum Spread | From 0.0 Pips | From 0.0 Pips | From 0.0 Pips | From 0.1 Pips |
Commission | From $1.5 | From $0.0 | From $0 | $0 |
Minimum Deposit | $50 | $50 | From $0 | $1 |
Maximum Leverage | 1:3000 | 1:30 | 1:2000 | 1:3000 |
Trading Platforms | MT4, cTrader | MetaTrader 4, MetaTrader 5, Mobile Proprietary App | MT4, MT5, Mobile App | MetaTrader 4, MetaTrader 5 |
Account Types | Classic, Pro, VIP | Classic, ECN, Demo | Cent, Zero, Pro, Premium | Standard, Premium, VIP, CIP |
Islamic Account | Yes | No | Yes | Yes |
Number of Tradable Assets | 200+ | N/A | 1,000+ | 45 |
Trade Execution | Market | Market | Market, Buy Stop, Stop Loss, Limit, Take Profit | Market, Instant |
TF Expert Suggestion
Traders Trust tries to offer excellent services with low trading commissions (from $1.5 per lot), a $50k convertible bonus, and a low execution time of 0.1 seconds.
However, the high minimum deposit on the VIP accounts ($5000), the lack of MT5 trading platform, and its unavailability in multiple countries such as the US, Australia, Japan, etc., are important points to consider.
