Score

1.38 /10
Danger

Trust Trade Finance

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Regulatory Index0.00

Business Index5.98

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

Trust Trade Finance

Company Abbreviation

Trust Trade Finance

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Trust Trade Finance · Company summary
Aspect Information
Registered Country/Area United Kingdom
Founded Year 1-2 Years
Company Name Trust Trade Finance
Regulation Not regulated
Minimum Investment $1,000
Service Investment and savings platform
Trading Platforms Web-based platform, Mobile app
Tradable Assets Cryptocurrencies, Stocks, ETFs, Currencies, Indices, Commodities
Account Types Standard Investments, Project Investments
Customer Support Email: support@trusttradefi.com<br>Phone: +1 062-109-9222
Payment Methods N/A
Educational Tools Web-based platform provides educational resources

Overview of Trust Trade Finance

Trust Trade Finance is a company based in the United Kingdom that operates without regulatory oversight, raising concerns about its reliability and security. Potential investors should exercise caution and thoroughly evaluate the risks before engaging in any transactions with this broker. Trust Trade Finance offers a variety of market instruments, including cryptocurrencies, stocks, ETFs, currencies, indices, and commodities. However, the absence of regulatory oversight and the negative reviews raise doubts about the trustworthiness of the company. The company offers standard and project investment plans with different investment amounts, durations, and returns. Trust Trade Finance provides a service that allows users to invest and save funds through their platform, with a minimum investment of $1,000. They offer two trading platforms, a web-based platform, and a mobile app, with real-time market data, order execution, and charting tools. However, negative reviews and website inaccessibility indicate potential risks and advise caution when dealing with this broker.

Please note that Trust Trade Finance's main website is unavailable, and the company's legitimacy and reliability have been questioned by users, as highlighted in negative reviews.

basic-info

Pros and Cons

Trust Trade Finance offers a range of market instruments, providing investors with opportunities to trade in various assets such as cryptocurrencies, global stocks, ETFs, currency pairs, indices, and commodities. This wide selection of options allows for diversification and potential profit opportunities. However, it is important to note that Trust Trade Finance operates without regulatory oversight, which raises concerns about the reliability and security of its operations. The lack of information and website inaccessibility further contribute to the potential risks associated with this platform. Additionally, negative feedback and potential scam allegations have been reported, highlighting the need for caution and thorough research before engaging in any transactions. The availability of limited customer support and potential difficulties in withdrawing funds add to the list of drawbacks.

Pros Cons
Offers a variety of market instruments Operates without regulatory oversight
Provides access to cryptocurrencies Lack of information and website inaccessibility
Allows trading in global stocks Negative feedback and potential scam allegations
Offers Exchange-Traded Funds (ETFs) Limited customer support and contact information
Facilitates trading in various currency pairs Potential difficulties in withdrawing funds
Provides access to trading indices
Allows trading in commodities
Offers standard and project investment options
Minimum investment starts at $1,000
Offers web-based and mobile trading platforms

Is Trust Trade Finance Legit?

Trust Trade Finance operates without any regulatory oversight, which raises concerns about the reliability and security of its operations. The absence of valid regulation leaves investors exposed to significant risks. It is crucial to exercise caution and thoroughly evaluate the potential risks before engaging in any transactions with this broker.

regulation

Market Instruments

1. Cryptocurrencies: Trust Trade Finance offers a range of cryptocurrencies, including well-known options like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These digital assets provide opportunities for speculative trading, but they also carry significant volatility and regulatory risks.

2. Stocks: Trust Trade Finance allows trading in various stocks from global markets. Examples of stocks available for trading may include technology giants like Apple Inc. (AAPL), Microsoft Corporation (MSFT), and Amazon.com, Inc. (AMZN), as well as established companies from different sectors.

3. ETFs: Exchange-Traded Funds (ETFs) are also available through Trust Trade Finance. These investment vehicles offer exposure to diversified portfolios of assets such as stocks, bonds, or commodities. Some examples of ETFs that may be traded include SPDR S&P 500 ETF Trust (SPY), Invesco QQQ Trust (QQQ), and iShares MSCI Emerging Markets ETF (EEM).

4. Currencies: Trust Trade Finance facilitates trading in various currency pairs, including major currencies like the US Dollar (USD), Euro (EUR), British Pound (GBP), and Japanese Yen (JPY). These forex markets enable investors to speculate on fluctuations in exchange rates.

5. Indices: Trust Trade Finance provides access to trading indices, representing specific sectors or broader market performance. Examples of indices that may be available for trading include the S&P 500 Index, Dow Jones Industrial Average (DJIA), NASDAQ Composite Index, and FTSE 100 Index.

6. Commodities: Trust Trade Finance allows trading in a range of commodities, such as gold, silver, crude oil, natural gas, and agricultural products. These commodities offer potential opportunities for investors looking to hedge against inflation or capitalize on price movements in the global commodity markets.

Pros Cons
Provides opportunities for speculative trading Significant volatility of market instruments
Offers a wide range of market instruments Regulatory risks associated with cryptocurrencies
Allows access to diversified investment portfolios Limited control over external factors affecting markets

Account Types

Standard Investments:

Trust Trade Finance offers three standard investment plans with different investment amounts, durations, and returns. The Basic plan allows a maximum daily investment of $1,000 with a return rate of 16.5 percent over a seven-day period. The Standard plan requires a $6,000 investment, grows at a rate of 6 percent daily, lasts for 30 days, and offers an 80 percent return on investment. The Advanced plan, on the other hand, demands a minimum investment of $20,000, has a daily rate of 6.5 percent, lasts for 40 days, and provides a 160 percent return on investment.

Project Investments:

Trust Trade Finance also offers project investments in specialized financial products. These projects focus on real estate finance and livestock farming, presenting an opportunity for investors looking to hold a larger portfolio for an extended period. The investment time ranges from 7 to 11 months, with potential returns ranging from 35 to 70 percent.

Pros and Cons

Pros Cons
Offers three standard investment plans with different durations and returns Lack of transparency regarding investment risks and guarantees
Provides project investments in specialized financial products Potential lack of liquidity and limited withdrawal options
Opportunity for investors to hold a larger portfolio for an extended period

Service

Trust Trade Finance provides a service that allows users to invest and save funds through their platform. Users can deposit predefined amounts into their virtual account, which will then grow at predefined rates.

Minimum Investment

Trust Trade Finance offers a minimum investment of $1,000, catering to individuals who wish to start with a relatively small capital. Additionally, it provides opportunities for investors seeking larger business ventures, accommodating a wide range of investment preferences.

Trading Platforms

Trust Trade Finance offers two trading platforms: a web-based platform and a mobile app. Both platforms offer real-time market data, order execution, and charting tools. The web-based platform also offers technical analysis tools, trading signals, and educational resources. The trading fees on Trust Trade Finance start at 0.1% for maker orders and 0.2% for taker orders. There are no additional fees for depositing or withdrawing funds.

Pros and Cons

Pros Cons
Provides real-time market data Lack of advanced features and customization options
Offers order execution and charting tools Limited trading fee transparency and potential hidden charges
Web-based platform offers technical analysis and resources Limited information on trading platforms

Customer Support

Trust Trade Finance provides customer support through various channels. You can reach their support team via email at support@trusttradefi.com. Their official website is trusttradefi.com, and they are based in London, United Kingdom. Customer support is available in English, and you can also contact them directly by phone at +1 062-109-9222.

Reviews

According to reviews on WikiFX, Trust Trade Finance has received negative feedback from users. One reviewer highlighted the lack of information and website inaccessibility, advising caution until more information about the broker's credibility and reliability becomes available. Another user reported that the website was down, raising concerns about the broker's trustworthiness. Additionally, a reviewer labeled Trust Trade Finance as a scam broker, warning others about difficulties in withdrawing funds. These reviews indicate potential risks and advise potential investors to exercise caution and thoroughly research the broker before engaging in any transactions.

reviews

Conclusion

In conclusion, Trust Trade Finance operates without regulatory oversight, raising concerns about its reliability and security. The absence of valid regulation exposes investors to significant risks. Trust Trade Finance offers a variety of market instruments, including cryptocurrencies, stocks, ETFs, currencies, indices, and commodities. They provide standard and project investment plans with different durations and returns. The service allows users to invest and save funds through their platform, with a minimum investment of $1,000. Trust Trade Finance offers web-based and mobile trading platforms, charging fees for orders. Customer support is available through email and phone. Negative reviews highlight issues such as lack of information, website inaccessibility, and difficulties in fund withdrawals, advising caution and thorough research before engaging with the broker.

FAQs

Q: Is Trust Trade Finance a legitimate company?

A: Trust Trade Finance operates without regulatory oversight, which raises concerns about its reliability and security. Caution and thorough evaluation of risks are advised before engaging with this broker.

Q: What market instruments does Trust Trade Finance offer?

A: Trust Trade Finance offers cryptocurrencies, stocks, ETFs, currencies, indices, and commodities for trading.

Q: What are the account types offered by Trust Trade Finance?

A: Trust Trade Finance offers standard investment plans with different investment amounts, durations, and returns, as well as project investments in real estate finance and livestock farming.

Q: What is the minimum investment required by Trust Trade Finance?

A: Trust Trade Finance has a minimum investment of $1,000, catering to individuals with smaller capital, but also accommodates larger investments.

Q: What are the trading platforms provided by Trust Trade Finance?

A: Trust Trade Finance offers a web-based platform and a mobile app for real-time trading with market data, order execution, and charting tools.

Q: How can I contact customer support at Trust Trade Finance?

A: Trust Trade Finance's customer support can be reached via email at support@trusttradefi.com or by phone at +1 062-109-9222.

Q: What do reviews say about Trust Trade Finance?

A: Reviews indicate potential risks, including website inaccessibility and difficulties in fund withdrawals, advising caution and thorough research before engaging with the broker.

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Comments

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Sr. Gu
more than one year
Given the lack of information and the website's inaccessibility, it would be best to avoid Trust Trade Finance until more information is available to assess their credibility and reliability.
Given the lack of information and the website's inaccessibility, it would be best to avoid Trust Trade Finance until more information is available to assess their credibility and reliability.
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2023-04-03 18:26
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Sr. Gu
more than one year
I tried to access the Trust Trade Finance website, but it appears to be down, and I'm not sure what happened. This is definitely a red flag and raises concerns about the reliability and trustworthiness of the broker. Without any information or experience with the broker, it's difficult to provide a comprehensive review. However, I would caution anyone considering trading with Trust Trade Finance to proceed with extreme caution and do their due diligence.
I tried to access the Trust Trade Finance website, but it appears to be down, and I'm not sure what happened. This is definitely a red flag and raises concerns about the reliability and trustworthiness of the broker. Without any information or experience with the broker, it's difficult to provide a comprehensive review. However, I would caution anyone considering trading with Trust Trade Finance to proceed with extreme caution and do their due diligence.
Translate to English
2023-04-03 18:26
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