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TrioMarkets Review

  • Regulated by: CySEC
  • Safety: segregates client funds
  • Trust Rating: B
Open TrioMarkets's Website

Losses can exceed deposits. Your capital is at risk.

TrioMarkets two ways: Forex, Social Trading.

To open a live account, you’ll need a minimum deposit of at least $500. Alternatively, TrioMarkets offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by CySEC (Licence: 268/15 ). TrioMarkets puts all client funds in a segregated bank account and uses tier-1 banks for this. TrioMarkets have been established since 2014, and have a head office in Cyprus.

Before we dive into some of the more detailed aspects of TrioMarkets’s spreads, fees, platforms and trading features, you may want to open TrioMarkets‘s website in a new tab by clicking the button below in order to see the latest information directly from TrioMarkets.

Open a demo account Visit TrioMarkets

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
Your capital is at risk.

TrioMarkets screenshot

PROS

  • Segeregates client funds
  • Established in 2014
  • Regulated by CySEC
  • Min. deposit from $500

CONS

What are TrioMarkets's spreads & fees?

Like most brokers, TrioMarkets take a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum spreads listed on TrioMarkets’s website. The colour bars show how competitive TrioMarkets’s spreads are in comparison to other popular brokers featured on BrokerNotes.

Speads are dynamic and are for informational purposes only. Last updated: June 06, 2018.

As you can see, TrioMarkets's minimum spread for trading EUR/USD is 1.4 pips - which is relatively high compared to average EUR/USD spread of 0.82 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with TrioMarkets vs. similar brokers.

See all Spreads
Your capital is at risk.

How much does TrioMarkets charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with TrioMarkets at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $0. Here’s a rough breakdown of the fees and how this compares against Plus500 & AvaTrade.

TrioMarkets Plus500 AvaTrade
Spread from: $0.00 $6.00 $7.00
Typical overnight fee: $0.00 $9.40 $5.00
Commission: $11.00 $0.00 $0.00
Total cost of a 100k trade: $0 $15.4 $12
$15.40 more $12.00 more
Visit TrioMarkets Visit Plus500 Visit AvaTrade

All fees/prices are for informational purposes and are subject to change. Last updated: 09/03/2018. Your capital is at risk.

General Fees

  • TrioMarkets does charge inactivity fees
  • TrioMarkets withdrawal fees varies on payment method

Commissions

  • TrioMarkets does charge commission on CFD shares

What can you trade with TrioMarkets?

FX / Currencies TrioMarkets Plus500 AvaTrade
# of forex pairs offered 60 61 59
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs TrioMarkets Plus500 AvaTrade
# of commodities offered 0 17 16
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs TrioMarkets Plus500 AvaTrade
# of Stocks offered 0 1816 99
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See TrioMarkets's Instruments See Plus500's Instruments See AvaTrade's Instruments
Your capital is at risk.

What’s the TrioMarkets trading experience like?

1) Platforms and apps

TrioMarkets offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. The combination of downloadable platforms for both Mac and Windows allows traders to trade with their device of choice.

TrioMarkets Screenshot See TrioMarkets's Platforms

TrioMarkets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See TrioMarkets's platforms
Your capital is at risk.

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Offers Negative Balance Protection

Accounts offered:

  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

TrioMarkets allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. TrioMarkets allow you to execute a maxium trade of 100,000 Lot. As TrioMarkets offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you’re paying to execute your trades.

As a nice bonus, TrioMarkets are one of very few brokers that claim to have no requotes, so you don’t have to worry about slippage (your trades being ordered at a different price to what you executed them at).

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

TrioMarkets also offers a number of useful risk management features, such as stop losses (), limit ordersnegative balance protectionprice alerts and much more. You can see all of the account features offered by TrioMarketsand much more. You can see all of the account features offered by TrioMarketshere.

Finally, we’ve listed some of the popular funding methods that TrioMarkets offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • PayPal
  • Skrill
  • Payoneer
  • Neteller

3) Client support

TrioMarkets support a wide range of languages including English, French, Russain, and Arabic

TrioMarkets have a BrokerNotes triple AAA support rating because they offer a wide range of languages, live chat, phone and email support.

4) What you’ll need to open an account with TrioMarkets

As TrioMarkets is regulated by CySEC, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore TrioMarkets’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with TrioMarkets you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.triomarkets.com on March 21, 2018.