Trust Capital is a multi-asset brokerage with 6 payment options [bank transfers, VISA, MasterCard, SticPay, Maestro, Mada.] You will be required to make a minimum deposit of $10 via one of these methods.
This company claims that it processes more than 500,000 transactions per day.
Company Specifics & Regulating Bodies
Trust Capital is a relatively new player in the forex industry, having been founded in 2019. Here are some key points about the company's regulations and company information:
- Head Office is located at Room B11, First Floor, Providence Complex, Providence, Mahe, Seychelles
- Regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 369/18
- Regulated by the Capital Markets Authority (CMA) in Kenya
- Regulated by the Financial Services Authority (FSA) in Seychelles with license number SD122.
Important Features and Specifics
Here's a quick overview of Trust Capital's key features in a table:
Broker | Trust Capital |
Account Types | Solo, Together, Professional |
Regulating Authorities | CySEC, CMA, FSA |
Based Currencies | USD, EUR |
Minimum Deposit | $10 |
Deposit Methods | Wire Transfer, Credit/Debit Cards, SticPay, Maestro, Mada |
Withdrawal Methods | Wire Transfer, Credit/Debit Cards, SticPay, Maestro, Mada |
Minimum Order | 0.01 Lot |
Maximum Leverage | 1:1000 |
Investment Options | None |
Trading Platforms & Apps | MetaTrader 4, MetaTrader 5 |
Markets | Forex, Indices, Commodities, Shares, Energies, Metals |
Spread | From 0 Pips |
Commission | $6 Per Round Per Lot on the Professional Account |
Orders Execution | Not Specified |
Margin Call/Stop Out | 100%/50% |
Trading Features | Demo Account |
Affiliate Program | Yes |
Bonus & Promotions | None |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Email, Phone Call, Ticket System, Live Chat |
Customer Support Hours | 24/5 |
Account Types; Features and Comparison
Trust Capital offers three main account types to earn the satisfaction of traders with various preferences and styles. Accounts in Trust Capital:
Account Type | Solo | Together | Professional |
Min. Deposit | $10 | $250 | $1,000 |
Max. Leverage | 1:1000 | 1:400 | 1:100 |
Trading Platform | MT5 | MT4/5 | MT5 |
Also, there's a practice account with virtual funds for risk-free trading practice. Besides, you have the option to trade swap-free on Solo and Together accounts.
Strengths and Flaws
Every brokerage has its own upsides and downsides in its services. We will mention some of the key advantages and disadvantages of Trust Capital in the table below:
Strengths | Flaws |
High Leverage Up To 1:1000 | No Copy Trading Or Other Investment Options |
Low Minimum Deposit ($10 For Solo Account) | No Crypto Offerings |
Regulated By A Top-Tier Authority | - |
Wide Range Of Trading Instruments | - |
Trust Capital Broker Signing Up & Verification: Step-By-Step Guide
Getting started with Trust Capital is not a complex procedure. However, the registration form has more-than-average fields. Here's a general guide to opening an account:
- Visit the website and click on the "Start trading now" button;
- Fill your full name in the form. Then, select your country of residence, nationality, Trading Platform, and Account Type;
- Provide an email address and a phone number. Click "Get OTP," then verify your email by submitting the received code;
- Create a safe password for your account;
- Check "I'm not a robot;"
- Complete the questionnaire.
Now, you have created your account with the broker. For authorization, complete the KYC (Know Your Customer) process by uploading the required documents regarding proof of identity and proof of residence.
What Platforms Are Available for Trading on Trust Capital?
The broker offers two of the most popular trading platforms in the forex industry:
- MetaTrader 4 (MT4):
- 3 types of charts for optimized trading
- Advanced and interactive Forex charts with control options
- Expert Advisors (EAs) for automated trading
- 9 different timeframes
- MetaTrader 5 (MT5):
- More advanced version of MT4
- Additional timeframes and order types
In the table below, you can access the links to download the platforms for your mobile devices:
- | Android | iOS |
MT4 | ||
MT5 |
Spreads And Commissions in Trading and Working with Trust Capital
We investigated the website for trading commissions and spreads on different accounts, and there's not much information available. The only data is for the Professional account, with spreads starting from 0 pips and $6 commission per lot per side. Regarding fees in other operations:
- No inactivity fees;
- 5% per transaction on deposits and withdrawals.
The lack of clear and enough data for trading commissions is a negative point for the website.
Funding & Withdrawal Methods
Trust Capital provides a variety of deposit and withdrawal options to suit different preferences:
- Wire Transfer: Via bank accounts
- Credit/Debit Cards: Visa & Mastercard
- Other Methods: SticPay, Maestro, Mada
The minimum time required for processing payments on the broker is 1 day. It varies based on the chosen method.
Copy Trading & Investment Options: Can I Earn Passive Income on Trust Capital Broker?
Unfortunately, Trust Capital does not currently offer copy trading or investment options. This may be a drawback for traders who prefer to follow and copy successful traders' strategies and earn passive income.
Tradable Markets & Assets
Trust Capital offers a diverse range of tradable markets and symbols. It provides a total of 200+ instruments in 6 markets:
- Forex: Major & minor currency pairs
- Indices: Global stock indices
- Metals: Gold, Silver, and Copper
- Energies: Oil & Natural Gas
- Shares: CFDs on major US and European stocks
- Commodities: Agricultural products like coffee, sugar, and cotton
Available Bonuses and Promotions
At the time of writing, Trust Capital does not offer any bonuses or promotions. This is likely due to regulatory restrictions in some of the jurisdictions where the broker operates. Nevertheless, always check the official sources for any updates or changes regarding this matter.
How and When to Contact the Support Team
When you are deciding among a few brokers, customer service is one of the most critical factors. Trust Capital provides comprehensive customer support through various channels:
- Live Chat: Available on the website and through WhatsApp
- Phone Call: +248 255 97 92
- Email: cs@trustcapital.com
- Ticket System: Available via the "Contact Us" section on the website
The broker claims that the multilingual support team is ready to answer your queries 24/5.
Which Regions and Countries Are Restricted?
International brokers cannot offer their services to clients from all regions. This is because of regulatory restrictions or international sanctions. Based on the information available on the official website, Trust Capital has restricted users from these countries:
- United States of America
- Democratic Republic of Korea
- United Kingdom
- Islamic Republic of Iran
Trust Scores on Reputable Platforms
Trust Capital has received generally positive reviews from traders, as evidenced by its Trustpilot score. Let's discuss this rating in detail:
- 4.3 out of 5
- Based on more than 20 reviews
- Verified profile on the website
Unfortunately, the number of scores is too low, therefore, these ratings cannot be reliable enough. Also, there are no other scores on other platforms and websites.
Education Content and Resources
Trust Capital offers a decent educational section called "Learn to Trade" to help traders improve their skills and knowledge:
- Video Tutorials: Step-by-step guides on using the platforms and understanding trading concepts
- Financial Glossary: Extensive list of trading terms and definitions
- Forex Seminar: Free seminar for registered users
- Forex Mentor: One-on-one training sessions with experts
- Economic calendar: Up-to-date information on important economic events
Conclusion and Final Words
Trust Capital provides trading with spreads starting from 0 pips and a $12 commission per round lot on its professional account. The mentioned account type requires a minimum deposit of $1,000 with a maximum leverage of 1:100. The minimum deposit amount is lower at $250 for "Together."
