Rating Index
Pros
Low minimum deposit of $100, making it accessible for new traders.
Negative balance protection, ensuring clients do not lose more than their deposited funds.
High-quality trade execution through STP technology, providing reliable access to liquidity.
Cons
Limited selection of trading instruments, primarily focusing on forex and a few metals.
High spreads on basic account types, which can increase trading costs for less experienced traders.
Customer support response times can be slow, with ticket replies taking up to three business days.
TriumphFX broker Accounts
TriumphFX Account Types
TriumphFX offers a variety of trading accounts to cater to different types of traders. Here are the available account types:
- Standard Fixed Account
- Minimum Deposit: $100
- Spread Type: Fixed
- Typical Spread: 1.6 pips
- Commission: None
- Leverage: Up to 1:500
- Standard Variable Account
- Minimum Deposit: $100
- Spread Type: Floating
- Typical Spread: 1.6 pips
- Commission: None
- Leverage: Up to 1:500
- Islamic Variable Account
- Minimum Deposit: $100
- Spread Type: Floating
- Typical Spread: 1.6 pips
- Commission: None
- Swap Charges: None (swap-free)
- Leverage: Up to 1:500
- Premium Account
- Minimum Deposit: $500
- Spread Type: Floating
- Typical Spread: 0.6 pips
- Commission: $6 per lot
- Leverage: Up to 1:500
- Platinum Account
- Minimum Deposit: $2,000
- Spread Type: Floating
- Typical Spread: 0.6 pips
- Commission: $3 per lot
- Leverage: Up to 1:500
- Islamic Platinum Account
- Minimum Deposit: $2,000
- Spread Type: Floating
- Typical Spread: 0.6 pips
- Commission: None
- Swap Charges: None (swap-free)
- Leverage: Up to 1:500
- VIP Account
- Minimum Deposit: $5,000
- Spread Type: Floating
- Typical Spread: 0.5 pips
- Commission: None
- Leverage: Up to 1:500
Visit TriumphFX Website: Go to the official TriumphFX website and click on the "Create Live Account" or "Open Account" button.
Provide Basic Information: Fill in your personal details, including your name, nationality, email address, and phone number. Click "Submit" once completed.
Complete Registration Questionnaire: After initial registration, you will be directed to a more detailed questionnaire. Fill in sections such as personal particulars, contact method, residential address, trading objectives, and financial information.
Verify Tax Compliance: Confirm that you are not a U.S. citizen or taxpayer by ticking the appropriate boxes.
Agree to Terms and Conditions: Review the legal documents and tick the box indicating your acceptance of the terms and conditions.
Upload Required Documents: Upload proof of identity (e.g., passport or national ID) and proof of residence (e.g., utility bill or bank statement).
Submit Application: Click "Finish" to complete your registration. You will receive an email once your application is processed, containing details for accessing your trading account.
TriumphFX Broker Account Opening Process
Opening an account with TriumphFX is a straightforward process. Follow these steps to create your trading account:
By following these steps, you will successfully open an account with TriumphFX and be ready to start trading.
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