TrioMarkets is a Contract for Difference (CFD) broker founded in Mauritius, with its headquarters located in Ebene. It also has branches in Cyprus and Dubai. The primary services offered by TrioMarkets include CFD trading in forex, indices, precious metals, and stocks. The official website of this broker is https://www.triomarkets.com/en/, and it supports multiple languages, including English, Simplified Chinese, Spanish, French, and German. It's important to note that TrioMarkets does not provide services to residents of the United States, Israel, Romania, Iran, and North Korea.
Company Background:
TrioMarkets operates under the legal entity BENOR Capital Ltd and is based at The Catalyst, Level 2, Suite 201, Plot 40, Silicon Avenue, Ebene, Mauritius. According to information obtained from the Whois database, the broker's website domain was registered on April 11, 2014.
Regulatory Information:
TrioMarkets claims to be regulated by the Financial Services Commission (FSC) of Mauritius. However, no related information was found on the FSC's official website. This lack of regulatory oversight in areas such as asset security, investor protection, and risk mitigation could pose higher risks when using their services. Investors should exercise caution when considering TrioMarkets and prioritize the security of their assets.
Trading Products:
TrioMarkets provides a range of financial instruments for user trading, including:
Forex: TrioMarkets offers opportunities to trade various currency pairs in the forex market. Forex CFDs allow investors to trade based on price fluctuations between one currency and another. Examples of available currency pairs include EUR/USD, GBP/USD, and USD/JPY.
Stocks: Traders can engage in CFD trading of stocks from different companies, including well-known names like Apple, Microsoft, and Amazon. This allows investors to participate in the market without owning actual stocks.
Precious Metals: CFDs on precious metals such as gold and silver provide trading opportunities based on price movements. Precious metal CFDs do not require investors to hold physical assets, allowing them to potentially profit from price fluctuations.
Indices: TrioMarkets offers index CFDs representing the performance of a specific group of stocks in a particular market.
These products not only provide opportunities for investors to enter various financial markets but also allow them to manage risk through different investment portfolios.
Suspected Fraud:
TrioMarkets (BENOR Capital Ltd) shares striking similarities in website content, brand name, domain name, and other aspects with TrioMarkets (EDR Financial Ltd), raising suspicions of plagiarism. Furthermore, EDR Financial Ltd, on its official website, disclaims any affiliation with https://www.triomarkets.com/ and is not part of its official web address.
Account Registration:
TrioMarkets' official website provides a link for account registration, allowing users to choose between opening a demo or a live account. The registration process is as follows:
Open the TrioMarkets official website and click on "REGISTER" in the top right corner.
Fill in the required information (such as name, email, password, etc.) as per the instructions on the page to complete the account registration.
Account Types:
TrioMarkets offers four account types:
- Basic Account
- Standard Account
- Advanced Account
- Premium - ECN Account
The minimum deposit for all accounts is $100, and users can choose the account type that best suits their trading needs.
Spreads and Leverage:
TrioMarkets offers different spreads, minimum trade sizes, and leverage ratios corresponding to the various account types. For example:
Basic Account: Minimum deposit of $100, spreads starting from 2.4 pips, no commissions, minimum trade size of 0.01 lots, and leverage of 1:500.
Standard Account: Minimum deposit of $5,000, spreads starting from 1.4 pips, no commissions, minimum trade size of 0.01 lots, and leverage of 1:500.
Advanced Account: Minimum deposit of $25,000, spreads starting from 1.14 pips, no commissions, minimum trade size of 0.01 lots, and leverage of 1:500.
Premium - ECN Account: Minimum deposit of $50,000, spreads starting from 2 pips,$4 commission, minimum trade size of 0.01 lots, and leverage of 1:500.
Risk Warning:Before engaging in high-leverage forex trading, investors need to undergo proper education, understand market mechanisms, and carefully consider their investment objectives and risk tolerance.
Deposits and Withdrawals:
TrioMarkets supports various deposit and withdrawal methods, including wire transfer, online payments, VISA, NETELLER, and more. Investors can choose the method that suits their needs.
Trading Platform:
TrioMarkets provides access to the widely recognized MT4 trading platform in the forex market. MT4 is known for its customizable interface with various technical analysis tools, customizable charts, and a range of built-in indicators such as MACD, KDJ, CCI, and more. These tools assist investors in analyzing market trends and making informed trading decisions.
MT4 is known for its fast and reliable trade execution, making it the preferred choice for many investors and financial institutions. The software is compatible with various devices, including PCs, mobile devices, and web-based platforms, making it easily accessible for investors.
Customer Support:
Investors can contact TrioMarkets through phone, email, and social media platforms such as Facebook and Instagram. For urgent inquiries, real-time chat support is also available.
Summary:
TrioMarkets offers a range of financial products and services for users, but it should be noted that similarities exist between TrioMarkets (BENOR Capital Ltd) and TrioMarkets (EDR Financial Ltd), including website content, brand names, domain names, and more. Additionally, TrioMarkets is not regulated by any regulatory authority. Trading with TrioMarkets may entail concerns regarding asset security, investor protection, and risk mitigation. Currently, TrioMarkets is marked as "suspected fraud" on TraderKnows. Users should exercise caution when considering the services provided by this company and prioritize the security of their assets to avoid falling into potential fraudulent schemes.
