Expo Trust

What is Expo Trust？

Expo Trust is a trading platform registered in the United Kingdom but it is not currently regulated by any external authority. Several subpages of its official website are malfunctioning.

Pros & Cons

Pros:

• High Leverage: Expo Trust offers high leverage ratios, such as up to 1:1000, providing traders with the potential to amplify their trading positions.

• Competitive Spreads: The platform provides competitive spreads on various financial instruments, enhancing trading affordability and potential profitability.

• Security Measures Taken: Expo Trust prioritizes user security by implementing the latest encryption technologies and monitoring for suspicious activities, so the safety of users' data and transactions can be more guaranteed.

Cons:

• Several Subpages Shut Down: Some subpages of the Expo Trust website are unavailable or shut down, potentially limiting access to certain information or services.

• No Regulation: Expo Trust operates without regulation, which raises concerns about transparency, accountability, and investor protection.

• Commission Charged: The platform imposes commissions on trades, which impacts overall trading costs and diminish potential profits.

Is Expo Trust Safe or Scam？

• Regulatory Sight: Expo Trust is currently operating without regulatory oversight, which means it does not fall under the jurisdiction or supervision of any financial regulatory bodies. It also does not hold any licenses that would enable it to conduct its operations in the financial market. This lack of regulation poses numerous risks to investors, such as a lack of transparency, security concerns, and no guarantee of adherence to industry standards and practices.

• User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

• Security Measures: Expo Trust emphasizes its commitment to security by employing the latest encryption and security technologies to safeguard user data and transactions. However, the specific measures are not mentioned. Plus, Expo Trust mentions ongoing monitoring for suspicious activity.

Market Instruments

Expo Trust offers a diverse range of market instruments, including forex, metals, stocks, bonds, mutual funds and so on. These instruments provide investors with various options for building diversified portfolios tailored to their investment objectives and risk tolerance. With access to these assets, Expo Trust enables investors to participate in different asset classes and potentially capitalize on a wide range of investment opportunities.

Account Types

Expo Trust offers four distinct account types, namely Standard, Ultimate, Pro, and Elite. For all accounts, the minimum lot size is 0.01. The higher-level account offers an even wider variety of currency pairs and a higher stop-out rate, ranging from 10% for Standard to 50% for Elite. Additionally, Expo Trust offers the option for swap-free/Islamic Accounts across all account types.

Leverage

Expo Trust offers a range of leverage options across different account types, which allows traders to amplify their trading positions according to their risk preferences and trading strategies, with higher leverage potentially leading to higher returns but also increased risk. The leverages are listed below.

Spread & Commission

Expo Trust provides users with different spreads. Each account has a different spread type. Plus, Expo Trust offers indicative spreads for trading, with real-time values available through clients' terminals. During volatile night trading sessions, spreads widen compared to regular sessions. While major pairs typically have zero fixed spreads, they can increase to 3 pips during the midnight session (11 pm-2 am, +2 GMT). Additionally, live fixed spreads during the midnight session are converted to live floating spreads. The detailed spreads are listed below in the table.

Besides, Expo Trust charges commissions for all account types. Future CFD contracts are provided with unlimited swap-free options. However, the detailed information about commissions is not clearly stated by Expo Trust.

Conclusion

Expo Trust is a non-regulated trading platform, providing users with several advantageous trading conditions, such as high leverage and competitive spreads. However, commissions are applied to all accounts and part of its official website is malfunctioning, combined with its lack of regulation, we do not recommend users to trade with this company.

Frequently Asked Questions (FAQs)

Q: Is there any commission charged on Expo Trust？

A: Yes.

Q: Can I contact Expo Trust's customer service via live chat？

A: No, you can't, since it doesn't have a live chat channel.

Q: What is the highest leverage it can offer？

A: The highest leverage it can offer is 1:1000.

Q: Is Expo Trust regulated or not？

A: No, it is not regulated.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.