Traders Trust Broker Review 2024

Traders Trust is a reliable Forex and CFD broker founded in 2009. This Bermuda-based broker offers tradable instruments in 6 markets, including Forex, stocks, indices, metals, cryptocurrencies, and oil.

In this comprehensive Traders Trust review, we'll go through everything you need to know about this broker, from its regulation to its trading platforms and unique features.

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.

These regulatory oversights give traders with a sense of security and ensure that the broker adheres to strict financial standards.

Traders Trust Broker Summary of Specifications

Here's a quick overview of what Traders Trust offers:

Traders Trust Account Types Overview

Traders Trust offers three main account types to cater to different trading styles and experience levels:

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 volume and style.

It’s worth mentioning that Traders Trust also offers demo and Islamic accounts to its users.

Traders Trust Advantages and Disadvantages

Let's take a look at the pros and cons of trading with Traders Trust:

Traders Trust Registration and Verification

Opening an account with Traders Trust is a simple process:

1. Visit the Traders Trust website and click on "Join Now;"
2. Fill in your personal information;

3. Verify your email address;
4. Enter the “Upload documents” tab;
5. Provide further personal data and a complete economic background profile;
6. Upload ID verification documents (National ID, passport, driver’s license);
7. Upload address verification documents (Utility bill, bank statement, government-issued document).

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 to its clients:

MetaTrader 4 (MT4)

• Industry-standard platform
• User-friendly interface
• Advanced charting tools
• Available on desktop, web, and mobile

Links:

• Android
• iOS
• Windows
• Mac

cTrader:

• Modern and intuitive platform
• Advanced order types
• Available on desktop, web, and mobile
• Over 50 indicators and 6 zoom levels

Links:

• Android
• iOS
• Windows
• Mac

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:

The broker uses a floating spread model, meaning spreads can widen during volatile market conditions.

• Traders Trust other fees
• No deposit and withdrawal fees
• Standard currency conversion fee
• Rollover fees for overnight positions held open
• $25/Mon inactivity fee

Traders Trust Deposit & Withdrawal Options

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 is $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. It offers a user-friendly platform where traders can follow top performers and execute the same trades automatically.

Traders Trust MAM Account

Multi-Account Manager Account 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.

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

Traders Trust has generally positive reviews on the Trustpilot:

• 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.

TF Expert Suggestion

As a Forex and CFD broker with over a decade of experience, Traders Trust offers a compelling package for traders, with competitive spreads from 0.0 pips, 1:3000 leverage, and a variety of account types to suit different trading styles.

The broker's regulation by CySEC and FSA Seychelles provides a layer of security for traders. While the platform selection is limited to MT4 and cTrader, these are robust and widely used platforms that cater to most traders' needs. Overall, Traders must compare Traders Trust services with other brokers and decide whether this broker is suitable for their needs.