TrioMarkets Review

TrioMarkets

Forex Broker

  • Company name: EDR Financial Ltd
  • Founded: 2015
  • Offices: Cyprus
  • Regulators: EU CySEC License No. 268/15
  • Broker type: ECN/STP

Trading info

  • Min. Deposit: $300
  • Leverage: 300:1
  • Min. Spread: 0.0 pips
  • Deposit/Withdrawal: Bank wire, Visa/Mastercard, Skrill , Neteller
  • Currency pairs: 60+

Trading platform

  • Platform: MetaTrader4, Sirix
  • Web based: Yes
  • Mobile: Yes

Open Account

8.3 TradeForexSA
Pros
  • Educational resources
  • Easy mobile trading for access anywhere
  • Good variety of trading platforms and account types
  • Well-designed site with intuitive layout
Cons
  • No FSCA Regulation
  • Higher minimum deposit
Summary
TrioMarkets has a variety of trading platforms and account types to offer. By offering the latest news and other resources to traders, TrioMarkets makes getting started with trading easier than with other brokers. Trade execution on TrioMarkets is fast and reliable, and their customer support is merely excellent.
Account Types7
Client Support & Onboarding9.5
Free Services8
Deposit & Withdrawal8.5

TrioMarkets #1 - Awards

Is TrioMarkets Safe?

Triomarkets, a brand of EDR Financial Ltd, has been regulated by CySEC (license # 268/15) since 2015. CySEC is a major regulator and is credited with active regulation of the markets, and proactively making changes to protect clients.

Account Types

TrioMarkets offers 60+ currency pairs to trade on three live account types – Standard, Advanced, Premium.  All accounts come with a swap-free Islamic option.

Demo account

TrioMarkets has a demo training account funded with $10,000 to sharpen your trading and test your strategies before committing your money.  TrioMarkest will keep the demo account open indefinitely once you start trading the live markets.

Standard account

The standard account is suitable for beginners, with a minimum spread of 1.4 pips and leverage of 1:300.  This lower level of account offers 1-to-1 coaching in addition to the ebook and video training material.

Advanced account

A leverage of 1:100 and a raw spread of 0.0 pips make this a compelling choice for those moving from another broker where fees were high.   In addition to the Standard account training, TrioMarkets will give you a daily market briefing along with trading signals.

Premium account

The premium account is for traders trading high frequency and high volumes, and need priority access to customer service and fast withdrawal of funds.  The commissions charged are reduced further on this account too.

Minimum Initial Deposit

The initial minimum for TrioMarkets is higher than most brokers, but with good reason.  The minimum is 300 USD, and has free features open up on the account; including the 1:1 coaching to get you started.  The combination of a broker with a good reputation, coaching, and low spreads means you start with forex trading should be a stable one.

Trading Platforms

TrioMarkets offers the popular MetaTrader 4 platform, as well as the Sirix Web Trader, social and mobile trading.

The MT4 mobile trading platform has both IOS and Android apps and features an intuitive and simple interface for easy trading. The social trading option enables you to follow trends and watch other customers make trades which encourages learning.  CopyTrading is an especially great tool for new traders, and it’s available with each of TrioMarket’s trading platforms.

TrioMarket’s uses the Sirix online platform for browser-based trading.  Sirix requires no downloading of software and makes trading available to anyone with an internet connection.

Deposits and Withdrawals

The speed of withdrawal depends on which account type you have signed with, but the standard accounts have a 24-hour payout period, while the premium account has a 6 hour waiting time.  Important to note – Triomarkets will charge a fee of 1.5% per withdrawal with a minimum charge of $25 and a maximum of $100.

You can make deposits and withdrawals with major credit cards, major e-wallets like Paypal, Netteller, Skrill, and Webmoney as well as making an EFT from your Bank Account to the TrioMarkets Barclays bank account in London.

Customer Support

TrioMarkets support is of high-grade, and the more advanced your account, the more attentive service you’ll receive. Help is available 24/6, there are also video tutorials in 15 languages, and extra training material is available on their website.

Compare TrioMarkets

TrioMarkets Vs. FXTM

 TrioMarketsFXTM
FundingBank wire, Visa/Mastercard, Skrill , NetellerBank wire, Visa/Mastercard, Skrill & Western Union, Neteller and many more
RegulatedEU CySEC License No. 268/15FSCA No.46614, FCA, CySEC, IFSC
Broker TypeECN/STPECN/STP
Currency Pairs60+59
Minimum Spread0.0 pips0.1 pips
Minimum Deposit$300$5
Max Leverage300:1Flexible
Expert ReviewRead reviewRead review
Visit WebsiteVisit TrioMarketsVisit FXTM

TrioMarkets Vs. HotForex

 TrioMarketsHotForex
FundingBank wire, Visa/Mastercard, Skrill , NetellerBank wire, Visa/Mastercard, Skrill, Neteller and many more
RegulatedEU CySEC License No. 268/15FSCA No.46632
Broker TypeECN/STPECN/STP
Currency Pairs60+51
Minimum Spread0.0 pips0.0 pips
Minimum Deposit$300$5
Max Leverage300:11000:1
Expert ReviewRead reviewRead review
Visit WebsiteVisit TrioMarketsVisit HotForex

The Breakdown

TrioMarkets supports MT4, and despite having a higher minimum deposit, offers a special welcome to new traders with educational material and assistance. With ECN/STP execution, there is no issue of conflict of interest, and you can trade knowing that CySEC regulates your account and you trade with one of the most reputable brokers available.

 

Jeffrey Cammack Administrator
Editorial Director at TradeForexSA
Jeff Cammack is the Editorial Director at TradeForexSA, a Forex trader since 2008, and educator. Always in search of new trading opportunities, Jeff can always be found doing research in the charts or combing through the financial news. When not trading, he is always researching his next article.
follow me
Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
+ +