WikiFX Review: Is it OK to invest in Trio Markets?

About Trio Markets

Regulation

According to WikiFX, this broker is not regulated. And WikiFX has given this broker a fairly low rating of 1.45/10.

TrioMarkets™ (Global) is a trading name licensed to BENOR Capital Ltd which is registered as an Investment Dealer (Broker) with registration number 160496. Licensed by the Financial Services Commission (Mauritius) under license number C118023678. Registered Office : The Catalyst, Level 2, Suite 201, Plot 40, Silicon Avenue, Ebene, Mauritius and has the license to perform operations under the trading name TrioMarkets™. TrioMarkets was founded in 2008, offering retail and institutional traders with financial instruments including fx paris, shares, indices,etc.

Market Instruments

Trio Markets is a multi-asset platform with 236+ tradable Assets. Assets available on Trio Markets include Forex instruments, indices, shares, commodities, crypto currencies, precious metals, energies, and more.

Account Types&Minimum Deposit

Trio Markets offer investors four real accounts, namely the Zero-commission Basic account ($500 or equivalent), the Zero-commission Standard account ($5000 or equivalent), the Advanced account ($25000 or equivalent), the Premium account ($50,000 or equivalent), as well as the Demo account and the swap-free account. The leverage for currency is up to 1:500, for CFD trading up to 1:100.

Spreads & Commissions

The minimum spreads on EURUSD in the basic account start from 2.4 pips, EURUSD spreads in the standards account from 1.4 pips. Minium spreads on EURUSD in the advanced and the premium accounts start from 0 pips, but comes with a commission of $5.5 per side and $4 per side, respectively.

Trading Platform Available

Trio Markets offer an in-house custom trading platform, available as a browser based web application. Trio Markets also offer mobile apps, for Android and iOS easier to keep an eye on and execute your trades while youre on the move. No MT4 trading platform can be a big drawback.

VPS

VPS (Virtual Private Server) hosting allows traders to use the virtual environment on the hosting companys servers to run the MetaTrader expert advisors for uninterrupted algorithmic trading. TrioMarkets provides this service to traders who qualify for it.

Deposits & Withdrawals

The list of Trio Markets payment methods below depends on the Trio Markets Entity and the Clients Country of Residence. General payments methods includes Visa, Mastercard, skrill, Neteller, wire transfer.

Customer Support

TrioMarkets offers a multilingual customer support service that can be reached via email, phone, Fax, Live Chat, and an online contact form. They are available 24/5 to provide you with immediate support during trading hours. You can also reach them via their social media handles — Facebook, LinkedIn, Tweeter.

Accepted Regions

TrioMarkets offers its services to clients from all the countries in the European Economic Area, except Belgium. The broker also accepts international clients from all over the globe but does not provide services to residents of the United States of America, State of Israel, Islamic Republic of Iran, and the Democratic Peoples Republic of Korea (DPRK).

Exposure

Client claimed that this broker blocked the withdrawal request.

Conclusion

Trio Markets is an unregulated broker with a low score. We advise you to be vigilant when seeking a reputed alternative since the prevalence of fake brokers leads to many complaints from investors.

If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find the most trusted broker for yourself.