82.16% of retail investor accounts lost money when trading CFDs with this provider

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TrioMarkets Review

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TrioMarkets is a forex trading services broker. They give traders access to a wide variety of instruments in several markets like currencies, indices and commodities.

Pros

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

Cons

To open a live account, you’ll need a minimum deposit of at least $500. Alternatively, TrioMarkets offers 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 has 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.

Visit TrioMarkets

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

TrioMarkets screenshot Open a demo account

82.16% of retail investor accounts lost money when trading CFDs with this provider

What are TrioMarkets's spreads & fees?

Like most brokers, TrioMarkets takes 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' spreads are in comparison to other popular brokers featured on BrokerNotes.

TrioMarkets
EUR/USD (Average: 0.7 pips) 1.4 pips + $11.00 0.7 pips 0.1 pips
GBP/USD (Average: 1.1 pips) 1.4 pips + $11.00 1.7 pips 0.1 pips
USD/JPY (Average: 1.1 pips) 0.3 pips + $11.00 0.6 pips 0.1 pips
AUD/USD (Average: 0.8 pips) 0.2 pips + $11.00 0.6 pips 0.2 pips
USD/CHF (Average: 2.3 pips) 0.2 pips + $11.00 2.3 pips 0.2 pips
USD/CAD (Average: 2.9 pips) 0.4 pips + $11.00 0.5 pips 0.3 pips
NZD/USD (Average: 3.6 pips) 0.4 pips + $11.00 2.8 pips 0.3 pips
EUR/GBP (Average: 2.4 pips) 0.2 pips + $11.00 0.5 pips 0.1 pips

Spreads are dynamic and are for informational purposes only.

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 0.70 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

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 XTB & AvaTrade .

TrioMarkets XTB AvaTrade
Spread from: $ 0.00 $ 2.00 $ 7.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $ 0.00 $ 2.00 $ 7.00
$2 more $7 more
Visit TrioMarkets Visit XTB Visit AvaTrade

All fees/prices are for informational purposes and are subject to change.

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?

TrioMarkets offers over 78 different instruments to trade, including over 60 currency pairs. We’ve summarised all of the different types of instruments offered by TrioMarkets below, along with the instruments offered by XTB and AvaTrade for comparison.

FX / Currencies TrioMarkets XTB AvaTrade
# of forex pairs offered 60 48 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 XTB AvaTrade
# of commodities offered 0 21 16
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural No Yes Yes
Index & Stock CFDs TrioMarkets XTB AvaTrade
# of Stocks offered 0 1606 99
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See TrioMarkets's InstrumentsSee XTB's InstrumentsSee AvaTrade's Instruments

What’s the TrioMarkets trading experience like?

1) Platforms and apps

TrioMarkets offers 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

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

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 allows you to execute a minimum trade of 0.01 Lot. This may vary depending on the account you open. TrioMarkets allows you to execute a maximum 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 market maker, TrioMarkets may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on 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 (with trailing stops), limit orders negative balance protection price alerts and much more. You can see all of the account features offered by TrioMarkets here.

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 has a BrokerNotes triple AAA support rating because they offer a wide range of languages and support options.

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 01/12/2019.