Trustfx is a foreign exchange broker founded in the United States, mainly providing investors with foreign exchange, precious metals, commodities, stocks, indices trading services, the company's official website only supports English as the language of use. In addition, the Trustfx account registration page is also available in English only.
Company background:
The Trustfx website does not provide company registration information. The Whois query shows that the Trustfx official website domain name is registered in Arizona, USA, and the Arizona Corporation Commission (ACC) website does not find any registration information related to the company. In addition, according to the domain name registration information of the website queried by Whois, the domain name of the company's official website was registered on November 22, 2022, and the domain name registration time is not more than 1 year ago.
Account Registration:
Trustfx official website provides investors with real account, demo account registration link. To Register a real Account, click "Register" in the upper right corner of the Trustfx official website or "Open Live Account" on the left of the Trustfx official homepage to enter the registration page, select or fill in the information such as name, Email, password and phone number as required, and then complete the registration of a real account. To register a Demo Account, click Open Demo Account on the left of the homepage of the official website to enter the registration page. Select or fill in the required information such as your name, Email address, password, and phone number to complete the registration. The Trustfx account registration page is in English only.
Account Type:
Trustfx official website information shows that the company provides investors with Standard, Premium, Star VIP, ECN Pro four types of accounts. In addition, the Trustfx website also provides the differences between these four accounts in terms of minimum deposit amount, margin (leverage) ratio, spread, commission, maximum open position and pending order, maximum trading volume, hedging margin, margin call ratio, forced closing ratio, Islamic account, execution method and overnight interest.
Trading Products:
Trustfx official website information shows that the company provides investors with foreign exchange, precious metals, commodities, stocks, indices trading services. In addition, the Trustfx website also provides specific trading products covered by foreign exchange, precious metals, commodities, stocks and indices, as well as the spread, margin (leverage) ratio and overnight interest information of specific trading products. However, the Trustfx official website does not provide information on commissions, minimum trading units, maximum trading units, and overnight interest for all trading products covered by specific foreign exchange, precious metals, commodities, stocks, and indexes.
Margin ratio:
Trustfx not only shows the margin (leverage) ratio range of different account types in the "Account Type" on the official website, but also provides margin (leverage) ratio information of specific trading products covered by foreign exchange, precious metals, commodities, stocks and indices in the "Trading products".
Trading Hours:
Trustfx provides trading hours information for specific trading products covered by foreign exchange, precious metals, commodities, stocks, and indices in the "Trading Products" section of the TrustFX website.
Deposits and Withdrawals:
Trustfx website information shows that the company provides investors with deposit and withdrawal methods and channels including VISA, MasterCard, Skrill, Netller, Perfect Money, WebMoney. In addition, although the Trustfx official website provides information about the minimum deposit and withdrawal amount and time of different deposit and withdrawal channels and methods, it does not provide information about the deposit and withdrawal fees of different deposit and withdrawal channels and methods.
Trading Software:
According to Trustfx's website, the company provides investors with MetaTrader5 (MT5) trading software, which supports computer (Winodws) and mobile (IOS/Android) versions. However, the Android version of MT5 software in some countries or regions, there are problems that can not be downloaded or downloaded installation speed is slow.
Other services:
According to Trustfx's website, the company provides services such as economic calendars, market insights, trading and profit calculators for investors. Among them, the economic calendar can let investors know about the financial events that have happened or are about to happen; the market insight can help investors understand the hot events in the financial market and the impact of these events on various trading products; the trading and profit calculator can allow investors to calculate the trading process and trading results in advance.
Regulatory information:
The Trustfx website does not provide regulatory or licensing information it has obtained. Trustfx's official website shows that the regulatory agencies registered in the United States - the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA) website, did not find any regulatory or authorization information related to the company.
Summary:
Trustfx is suspected of fraud. On the one hand, the Trustfx official website does not provide company registration information, and the Whois query shows that the Trustfx official website domain name is registered in Arizona, but the Arizona Corporation Commission (ACC) website does not find any registration information related to the company. On the other hand, Trustfx's official website does not provide the regulatory or authorization information it has obtained, and its official website shows that the regulatory agencies of registration - the US Financial Industry Regulatory Authority (FINRA) and the US National Futures Association (NFA) websites have not queried any regulatory or authorization information related to the company.According to this judgment, Trustfx is suspected of fraud, and investors should be careful to choose the services provided by this company. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
