Trust E-Sid is a Contract for Difference (CFD) broker established in Nuremberg, Germany. Headquartered in Germany, it primarily offers trading services in cryptocurrencies, stock markets, metals, indices, currencies, commodities, and more. The official website of the broker is: https://trustesid.com/index.html. It supports English, Russian, German, Spanish, French, Polish, and Turkish.
Company Background:
The domain of Trust E-Sid was registered on September 27, 2017, and its address is at Josephspl. 8, 90403 in Nuremberg, Germany. However, detailed registration information about the company is not available on public websites. This may indicate a certain limitation in terms of transparency, especially in the disclosure of corporate information. Generally, detailed corporate registration information is very important for assessing the legitimacy and credibility of a company.
Regulatory Information:
Trust E-Sid is a multi-regulated financial company with verified regulatory information. The company holds an Investment Dealer License by the Dubai Financial Services Authority (DFSA), with license number H630994, demonstrating its legitimate operations and compliance with the Dubai finance market. Additionally, Trust E-Sid has regulatory approval from the Cyprus Securities and Exchange Commission (CySEC), with an investment license CIF number 311/64, further reinforcing its compliance status in the international financial market. The authenticity of these regulatory details provides additional assurance of the company's credibility and business legality.
Trading Products:
Trust E-Sid offers a diverse range of trading products, covering a broad spectrum from digital assets to traditional financial markets. Its products include cryptocurrencies, stocks, metals, indices, currencies, and commodities, catering to the needs and preferences of various investors.
Cryptocurrencies: Trust E-Sid focuses on offering trades in high-volatility digital assets based on blockchain technology, such as Bitcoin and Ethereum.
Stock Market: The company provides opportunities for investors to purchase and hold company shares, which can contribute to capital growth and potentially provide dividend income.
Metal Trading: Trust E-Sid engages in precious and industrial metals, offering investors diversified investment opportunities and capital preservation.
Indices Market: They offer portfolios of stocks based on various benchmarks, such as industry, region, and market capitalization, reflecting overall market conditions.
Currency Market: It covers trading of different global currencies, involving numerous participants and financial institutions.
Commodities Market: Includes trading of various resources like energy, metals, and agricultural products, which have a significant impact on the global economy.
This range of products not only provides a rich selection of trading options but also offers investors the opportunity to diversify their investment portfolios.
Registering an Account:
To register an account with Trust E-Sid, users need to click on the "Start Trading" button on the homepage and fill out registration details. This process is generally straightforward and simple, requiring only basic personal and contact information. It is important to note that the platform currently does not offer a demo account service. Demo accounts are typically used for practice and learning in a risk-free environment, so the absence of this option may pose certain limitations for beginners or investors who wish to test strategies before real investment. Therefore, new users should carefully consider and understand all features and limitations of the platform before registering and starting to trade.
Account Types:
On the official website, specific information about account types is not provided. This means potential users may not be able to directly obtain detailed explanations about different account options from the website, such as features, conditions for use, or any special trading advantages. This lack of information could potentially be confusing for users who wish to choose an account type based on their trading needs and capital sizes. Typically, understanding account types is very important for investors to comprehend trading costs, leverage options, and other relevant services. Therefore, the absence of this information could limit an investor's comprehensive understanding of the platform.
Trading Platform:
The website does not display specific details about the trading platform. This means that potential users and investors can't learn from the official website which types of trading platforms are provided, such as whether it supports popular MetaTrader series or any proprietary trading systems. The absence of this information could present difficulties for users in choosing the appropriate trading environment, as the functionality, interface, and tools of a trading platform are essential for the effective implementation of trading strategies. Therefore, the failure to provide this critical information on the website could affect investors' judgement of the overall service and applicability of the platform.
Deposits and Withdrawals:
Trust E-Sid's website does not provide clear explanations about deposits and withdrawals. This could prevent potential users from directly understanding the process, required time, potential fees, and supported payment methods for funding and withdrawing money. Generally, this information is very important for users as it affects the flexibility of funds and convenience of trading. Therefore, a lack of transparent information about deposit and withdrawal options could create a barrier for users assessing the platform’s functionality and suitability.
Customer Support:
The customer support service on the Trust E-Sid website is somewhat limited, providing only a website contact form and email as channels to communicate with customers. This means that users may not receive immediate feedback or the opportunity for direct conversation when they need help, such as via phone or live chat. This mode of customer support might not be convenient enough for those who require swift problem resolution or detailed guidance.
Conclusion:
Considering the information above, the Trust E-Sid website shows certain deficiencies in providing key details about its services. Trust E-Sid does not disclose detailed company background information, and specific details about trading products, the trading platform, as well as deposit and withdrawal procedures are not elaborated on the website. Moreover, customer support channels are limited to website messages and email, which might not meet the needs of users requiring instantaneous responses. Overall, the absence of these pieces of information may pose obstacles for potential users in evaluating and choosing this platform. It is suggested to conduct thorough investigations and considerations before deciding to use its services. Currently, Trust E-Sid is shown as "In-Operation" on Traderknows.
