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TrioMarkets Broker Review 2024

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TrioMarkets Broker Review 2024
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:TrioMarkets
Founded:2019
Min Deposit:$100
Max Leverage:500
Headquarter:Limassol, Cyprus
US Accepted:
About
TrioMarkets is a regulated multi-asset broker with a $50 deposit bonus and 15% cashback for every traded lot. Margin call and stop out levels are 120% and 50%, respectively, with USD and EUR as base currencies.
Contact
Grigori Afxentiou 11, Limassol 4003, Cyprus
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
High-speed Execution
Regulated by Respected Authorities
Negative Balance Protection
+500 Trading Instruments
Cons
Fees Charged on Withdrawals and Inactive Accounts
High Minimum Deposit for Accounts
Relatively High Spreads On Basic Account

TrioMarkets is a Forex broker with benefits such as over 500 tradable instruments, licenses from 3 financial authorities [CySEC, DFSA, FSC,] and a proprietary platform titled "TrioTrader."

The broker provides 4 account types [Basic, Standard, Advanced, Premium ECN.] The minimum deposit with this brokerage is $100, and leverage up to 1:500 is available.

TrioMarkets
An overview of pros, cons, trading platforms, spreads, commissions, etc. in TrioMarkets

Company Information and Regulation

TrioMarkets stands as a regulated multi-asset broker, operating under strict regulatory oversight from two respected financial authorities plus a lower-tier one:

  • CySEC (Cyprus Securities and Exchange Commission)
  • DFSA (Dubai Financial Services Authority)
  • FSC (Financial Services Commission Mauritius)

Founded in 2019 and headquartered in Limassol, Cyprus, TrioMarkets tries to prove its reliability to traders.

Key Features and Specifics

Let's examine the key features and specifications that make TrioMarkets a financial multi-asset brokerage:

Broker

TrioMarkets

Account Types

Basic, Standard, Advanced, Premium ECN

Regulating Authorities

CySEC, DFSA, FSC

Based Currencies

USD, EUR

Minimum Deposit

$100

Deposit Methods

Visa, MasterCard, Bank Wire, Neteller, Local Payment Solutions

Withdrawal Methods

Visa, MasterCard, Bank Wire, Neteller, Local Payment Solutions

Minimum Order

0.01 Lot

Maximum Leverage

1:500

Investment Options

PAMM/MAM Accounts

Trading Platforms & Apps

MetaTrader 4, TrioTrader

Markets

Forex, Shares, Cryptocurrencies, Indices, Metals, Energies

Spread

From Zero on Premium – ECN Account

Commission

Zero on Basic, Standard, and Advanced Accounts

Orders Execution

Market

Margin Call/Stop Out

120%/50%

Trading Features

Economic Calendar, Currency Converter, VPS

Affiliate Program

Yes

Bonus & Promotions

$50 Deposit Bonus, Cashback

Islamic Account

No

PAMM Account

Yes

Customer Support Ways

Live Chat, Email, Phone Call, Ticket

Customer Support Hours

24/5

What Are The Account Types Offered by TrioMarkets?

The company offers four account types designed to meet specific trading needs. However, there's not much difference among them except in spreads and commissions, which will be discussed later in this article. Let's look at each account's specifics and compare them:

Account Types

Basic

Standard

Advanced

Premium - ECN

Avg. Execution Speed

0.1 Second

Min. Deposit

$100

$5,000

$25,000

$50,000

Max. Leverage

1:500

Min. Order Size

0.01 Lot

Account Currency

USD, EUR

Margin Call/Stop Out

120%/50%

How to Open an Account and Verify on TrioMarkets

Getting started with this broker is not complex and is done in a short time. Here's how to open your account:

  • Go to the official website through your browser;
TrioMarkets register
Click the "Register" button to open the registration form on the website
  • Click "Register" or "Get Started";
  • Enter your name, email address, country, and phone number in the form;
  • Create a strong password;
  • Verify your email address.

Now, your account is created with the broker. However, for trading on a live account, you will need to verify your identity and answer a few questions about your financial status.

Trading Platforms and Applications

TrioMarkets provides traders with two powerful trading platforms. One of them is the proprietary platform, TrioTrader. The other is MetaTrader 4, one of the most popular trading platforms in the world of financial markets.

To download the latter, you can go through these links:

TrioMarkets Spreads And Commissions Review

Spreads and commissions are charged by the brokers in various operations and situations, including trading, payments, inactivity periods, etc. Trading costs in TrioMarkets:

Account Type

Basic

Standard

Advanced

Premium - ECN

Commission

Zero

$4

Spread

2.4 Pips

1.4 Pips

1.1 Pips

Zero

Note that the spread might change based on the market condition and the trading asset. Besides trading spreads and commissions, there are also a 1% fee for withdrawals made via credit/debit cards and Skrill. The price goes higher for other methods. Furthermore, an inactivity fee is charged.

Payment Options in TrioMarkets Broker

This brokerage offers a limited range of funding methods to its clients. This is a drawback for TrioMarkets, but might not be a critical one. Deposit and Withdrawals:

Payment Method

Min. Deposit

Min. Withdrawal

Bank Wire Transfers

$100

VISA

$5

$50

MasterCard

$5

$50

Neteller

$5

$50

Local Payment Solutions

Varies

Copy Trading Platform and Investment Options On TrioMarkets

TrioMarkets offers sophisticated copy trading solutions through their PAMM/MAM accounts. These are master accounts that handle multiple sub accounts by money managers.

TrioMarkets PAMM/MAM advantages
Advantages of PAMM/MAM in TrioMarkets broker as mentioned on the website

Other than the mentioned option, there are no other methods and facilities for traders to earn passive income with TrioMarkets.

Does TrioMarkets Offer Any Bonuses & Promotions?

Brokers use bonuses to attract new clients and keep their current traders loyal and motivated. Current promotional offers in TrioMarkets include:

  • $50 Deposit Bonus: $50 on the first deposit for new clients
  • Cashback: Earn back up to 15% for every traded lot with the broker

It's important to note that while these offers seem attractive, they are subject to terms and conditions.

Support Services: Methods to Contact The Broker

The support section is one of the most significant factors when investigating a broker since working with brokerages is about your money. TrioMarkets provides customer support through multiple channels:

  • Email: support@triomarkets.com
  • Phone Call: +44 20 376 936 49
  • Ticket: On the "Contact Us" section on the website
  • Live Chat: Accessible through the official website

There's no 24/7 support provided by the broker, and the team is available Monday to Friday around the clock.

What Are The Trust Ratings of TrioMarkets on Reputable Sources?

It's always recommended to check out trust scores on websites such as "Trustpilot" or "REVIEWS.io." In this section, we will have an overview of the discussed broker's page on the latter:

  • 4.2 out of 5
  • More than 30 reviews
  • Over 70% of scores being 5-star
  • 10% of ratings being 1-star
Triomarkets trustpilot
The trust scores of TrioMarkets on "Trustpilot" website

TrioMarkets has received an overall acceptable score from users and reviewers.

Conclusion And Final Words

TrioMarkets provides 4 support channels [Live Chat, Email, Phone Call, Ticket] that are available 24/5. Also, it offers trading assistance tools such as an economic calendar, a currency converter, and access to VPS.

The company has received a trust score of 4.2/5 on "Trustpilot" with more than 30 reviews; over 70% of ratings are 5-star.

FAQs

Is TrioMarkets a regulated broker?

Yes, it is regulated by CySEC, DFSA, and FSC.

What is the minimum deposit on TrioMarkets?

The Broker requires a minimum deposit of $100 for Basic Account.

Does TrioMarkets offer negative balance protection?

Yes, this broker offers this kind of protection for all retail client accounts.

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