TrioMarkets Review

Triomarket Broker is a forex and CFD broker founded in 2014 and headquartered in Cyprus. As a regulated broker, Triomarket operates under the supervision of the Cyprus Securities and Exchange Commission (CySEC), which ensures that it complies with strict regulatory requirements, providing clients with a level of security and transparency that is essential in the online trading world. 

The broker offers a range of trading instruments, including forex, commodities, indices, and cryptocurrencies. Triomarket has gained a reputation for its fast execution speeds, low spreads, and high-quality customer support.

When it comes to trading platforms, Triomarket offers both the popular MetaTrader 4 and Web Trader, which are well-known for their user-friendly interfaces, advanced charting capabilities, and automated trading functionality. The broker also provides mobile trading apps for iOS and Android devices, allowing traders to access their accounts on the go. 

Triomarket offers various account types, including demo accounts, standard accounts, ECN accounts, STP accounts, and PAMM and MAM accounts for those interested in trust management services. In this Triomarket review, we'll take a closer look at the broker's offerings, features, and trading conditions to help you determine whether it's the right broker for you.

Supported Countries

The broker supports traders from numerous countries, including the United Kingdom, Germany, Italy, Spain, France, Portugal, Poland, Sweden, Norway, Finland, Denmark, Netherlands, Russia, Turkey, South Africa, Australia, New Zealand, Canada, United States, Japan, Singapore, Hong Kong, Taiwan, Malaysia, Thailand, United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Bahrain, Oman, Jordan, Lebanon, Egypt, Nigeria, Ghana, Kenya, Tanzania, Uganda, Zambia, and Zimbabwe.

The restricted countries include the United States of America, the State of Israel,  The Islamic Republic of Iran, and the Democratic People’s Republic of Korea (DPRK).

The broker also supports multiple languages on its platform, including English, Arabic, Hungarian, Vietnamese, Italian, Chinese, German, Russian, and French. This allows traders from various countries to access the platform in their native language and easily navigate the platform.

Customer Service Rating

Triomarket broker has received a customer service rating of 4.3 stars out of 5 on Forexsuggest review, and a 3.9-star rating based on 39 Triomarket broker reviews on Trustpilot. 

While most reviews are positive, some negative reviews have been reported. However, the broker has taken steps to address the concerns raised in these negative reviews, such as providing more responsive customer service and enhancing the trading experience of its clients. 

Triomarket has also introduced educational resources for its clients, guiding trading strategies, risk management, and technical analysis. This has helped to improve the overall customer experience and satisfaction.

Triomarket Trading Platforms

• MetaTrader4: This is the most popular trading platform in the forex industry, and it is available to Triomarket clients. The platform offers an intuitive, user-friendly interface, customizable charting, and various technical indicators. MT4 also supports automated trading through Expert Advisors (EAs) and provides access to a vast library of free and paid EAs that traders can use to automate their trading strategies. With MT4, traders can also use advanced risk management tools such as stopping loss and taking profit orders to manage their positions effectively.

• Web Trader: Triomarkets web-based platform, TrioXtend, provides traders with access to the financial markets from any web-enabled device. TrioXtend is compatible with all major web browsers, including Google Chrome, Mozilla Firefox, and Microsoft Edge. The user-friendly platform offers many features, including real-time quotes, charting tools, and an economic calendar. With TrioXtend, traders can also place orders and manage their positions on the go.

Type of Trading Accounts on Triomarket

• Demo Accounts: Triomarket offers demo accounts with a time limit to help new traders get familiar with the trading platform and practice their trading strategies without risking their funds. The demo account replicates the live account, and traders can use it to test different trading strategies, indicators, and chart patterns before going live.

• Standard Accounts: This account is suitable for both novice and experienced traders who want to trade on fixed spreads. The standard account has a minimum deposit requirement of $500, and traders can access a wide range of assets, including forex, commodities, and indices. The leverage for standard accounts can be up to 1:300, and traders can use expert advisors and automated trading tools.

• ECN Accounts: Triomarket also offers ECN accounts for traders who want to trade on tight spreads and have access to deep liquidity. The ECN account has a minimum deposit requirement of $1,000, and traders can enjoy variable spreads from 0 pips. The leverage for ECN accounts can be up to 1:200, and traders can access a wide range of assets.

• STP Accounts: The STP account is suitable for traders who want to trade on tight spreads and have access to fast order execution. The STP account has a minimum deposit requirement of $500, and traders can access a wide range of assets, including forex, commodities, and indices. The leverage for STP accounts can be up to 1:300, and traders can use expert advisors and automated trading tools.

• Swap-Free Accounts: Triomarket offers swap-free accounts for traders who follow Sharia law and want to trade without paying or receiving swap fees. The swap-free account has a minimum deposit requirement of $500, and traders can access a wide range of assets, including forex, commodities, and indices. The leverage for swap-free accounts can be up to 1:300, and traders can use expert advisors and automated trading tools.

• Segregated Accounts: Triomarket offers segregated accounts for traders who want to protect their funds from the broker's financial risks. The segregated account is a separate account that keeps the trader's funds separate from the broker's funds. This ensures that the trader's funds are safe even in the event of the broker's bankruptcy. The minimum deposit for segregated accounts is $25,000, and traders can access a wide range of assets. The leverage for segregated accounts can be up to 1:100, and traders can use expert advisors and automated trading tools.

Trading Denominations on Triomarket

Triomarket offers trading denominations in the following currencies: USD, EUR, GBP, JPY, CHF, and PLN. Clients can choose their preferred currency to deposit or withdraw funds depending on their location and banking preferences. This flexibility allows traders to save on currency conversion fees and enjoy more control over their transactions.

Company Structure

Triomarket was founded in 2014 and is a relatively new player in the online forex trading industry. However, despite being a newcomer, the broker has already made a name for itself. Triomarket operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC), ensuring that clients' funds are kept secure and the broker operates within strict guidelines. Currently, the broker has a team of over 100 employees working across multiple offices worldwide.

Despite its young age, Triomarket has quickly gained a reputation for its transparency and client-centric approach. This is evident in its mission statement: "Provide clients with the best possible trading experience, offering them the latest technology, a wide range of trading tools, and excellent customer service." 

The broker's focus on customer satisfaction is also reflected in its numerous awards and accolades, which include being named the "Best Forex Broker" at the 2020 Forex Expo Dubai and the "Most Transparent Broker" at the 2020 Forex Awards.

Triomarket's organizational structure is designed to facilitate seamless communication and decision-making processes. The broker's management team is made up of experienced professionals with a wealth of knowledge in the forex industry, ensuring that the broker is always at the forefront of the latest developments in the market. 

Additionally, the broker has a dedicated customer support team available 24/6 to assist clients with any queries or concerns. Overall, Triomarket's company structure is geared toward providing its clients with a safe, transparent, and rewarding trading experience.

Triomarket Licenses and Regulatory Compliance

Triomarket is a licensed and regulated broker, that provides clients with a safe and secure trading environment. The Cyprus Securities and Exchange Commission (CySEC) authorized and regulated the broker with license number №268/15. 

The CySEC license ensures that the broker operates under strict regulatory guidelines and industry standards, providing clients with transparency and fairness in their trading activities. The license was issued in 2015, demonstrating the broker's commitment to maintaining high regulatory standards.

Triomarket Customer Protection

• Triomarket is regulated by the Cyprus Securities and Exchange Commission (CySEC), ensuring adherence to strict regulatory standards.

• All clients' funds are kept in segregated accounts, separate from the company's operational funds, ensuring that clients' funds are protected in the event of the company's insolvency.

• Triomarket has implemented negative balance protection, meaning clients cannot lose more than their account balance.

• The broker also provides access to the Investor Compensation Fund (ICF), which offers clients additional protection. The ICF provides coverage for eligible clients up to €20,000 in the event of the company's insolvency.

• Triomarket uses advanced encryption technologies to secure clients' personal and financial information.

• The broker has a strict anti-money laundering policy in place, which helps prevent any illegal activity on its platform.

Trading Information

Triomarket offers traders the ability to trade in lots. A lot refers to the size of a transaction in forex trading. In the case of Triomarket, the minimum lot size is 0.01, and the maximum is 100. This provides traders with a wide range of options and flexibility.

It's important to note that trading in larger lot sizes can result in greater profits or losses, so it's crucial to have a solid understanding of trading strategies and risk management before engaging in larger lot sizes. 

Tradable Instruments

• Forex: 49 currency pairs with leverage up to 1:500

• Commodities: 5 major commodities, including Gold and Silver, with leverage up to 1:100

• Indices: 13 global indices with leverage up to 1:200

• Shares: 1250+ shares from global companies with leverage up to 1:20

• Cryptocurrencies: 35+ cryptocurrencies with leverage up to 1:5

Deposits and Withdrawals

At Triomarket, deposits and withdrawals are free. However, bank transfers may attract a fee charged by the banks involved, not Triomarket.

Deposits 

Triomarket offers various deposit options for their clients, including bank wire transfers, credit cards, Skrill, CashU, Neteller, and cryptocurrencies. The minimum deposit amount is $500, and clients can choose the currency of their deposit based on their preference. Bank wire transfers can take up to 3-5 business days to reflect in the trading account, while deposits made using credit cards, Skrill, CashU, Neteller, and cryptocurrencies are typically processed instantly.

Withdrawals

Triomarket offers its clients multiple withdrawal options, such as bank wire transfers, credit cards, Skrill, CashU, Neteller, and cryptocurrencies. Clients can withdraw their funds in the currency of their choice, and the minimum withdrawal amount is $50. Withdrawals via bank wire transfers and credit cards may take up to 5-7 business days to reflect in the client's account, while withdrawals through Skrill, CashU, Neteller, and cryptocurrencies are usually processed within one business day.

Triomarket Trading Education and Training

• Triomarket offers free educational resources for traders, including webinars, ebooks, and video tutorials.

• They also provide trading signals and market analysis to help traders make informed decisions.

• Triomarket's education center includes articles on trading psychology, risk management, and technical analysis.

• Traders can access a demo account to practice trading strategies in a risk-free environment.

• Triomarket also offers one-on-one training sessions with a dedicated account manager.

FAQs

Is Triomarket a scam?

Triomarket is a legitimate trading platform that is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 268/15.

How to Open Triomarket Trading Account?

To open a Triomarket trading account, you need to visit their website and click on the 'Open Account' button. You will be required to fill out a registration form and provide some personal information. After completing the registration process, you can fund your account and start trading.

Does Triomarket accept US residents?

Triomarket does not accept clients from the United States due to regulatory restrictions. The company is regulated by CySEC, which does not allow brokers to offer services to US residents unless they are registered with the US regulatory bodies.

Conclusion

Triomarket is a reputable online forex broker that provides trading services to clients worldwide. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC), which ensures that it adheres to strict regulatory standards. Clients' funds are kept in segregated accounts to ensure maximum protection. Triomarket also provides its clients with various trading platforms, including the popular MetaTrader 4 platform and WebTrader.

In addition to that, Triomarket offers an extensive range of trading instruments, including forex, commodities, and indices, with competitive spreads and leverage of up to 1:500. The company provides excellent customer support and offers various payment options, including bank wire transfers, credit cards, and e-wallets such as Skrill, Neteller, and CashU. Triomarket is ideal for novice and experienced traders looking for a reliable and trustworthy forex broker.