Loyal Trust Market foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://loyaltrustmarket.com, about the company's legal and temporary regulatory information, the company's address Al Mina Road - Dubai - United Arab Emirates.
Loyal Trust Market Forex Broker
Basic Information
United Arab Emirates
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Rating Index
Loyal Trust Market Forex Broker - Complete Information Guide
1. Broker Overview
Loyal Trust Market, established within the last year, is a burgeoning player in the forex and CFD trading landscape. The company is headquartered in Dubai, United Arab Emirates, specifically located on Al Mina Road. As a private entity, Loyal Trust Market caters to a diverse clientele, including retail traders and institutional investors, seeking access to a wide array of financial instruments.
The broker's journey began with a vision to provide comprehensive trading solutions, and it has since evolved to offer a robust trading environment. Significant milestones include the launch of its trading platforms and the establishment of its operational framework, which emphasizes customer-centric services. Loyal Trust Market operates under a business model that primarily focuses on retail forex trading, while also offering services tailored to institutional clients.
As part of a larger group, Loyal Trust Market benefits from shared resources and expertise that enhance its operational capabilities. The broker utilizes a white-label model, which allows it to offer trading solutions under its brand while leveraging established trading technologies.
Loyal Trust Market broker aims to create a seamless trading experience, combining advanced technological infrastructure with a commitment to customer service.
2. Regulatory and Compliance Information
Loyal Trust Market currently operates without valid regulatory oversight. According to various sources, the broker is not regulated by any recognized financial authority, which raises concerns regarding its legitimacy and operational practices. This lack of regulation means that the broker does not hold any regulatory license numbers or compliance certifications that would typically assure clients of its adherence to industry standards.
The absence of regulatory oversight also implies that there is no investor compensation scheme in place, which could potentially expose clients to higher risks in case of operational failures. Additionally, Loyal Trust Market does not provide specific information about its KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures, which are crucial for safeguarding client funds and ensuring ethical business practices.
The broker's operational model includes client funds being held in segregated accounts, although the specifics of this policy are not detailed. Potential clients are advised to exercise caution and conduct thorough due diligence before engaging with Loyal Trust Market broker, given the absence of regulatory backing.
3. Trading Products and Services
Loyal Trust Market offers a diverse range of trading products, catering to the varied interests of its clients. The broker provides access to over 350 financial instruments, including:
- Forex Pairs: A wide selection of currency pairs is available for trading, including major, minor, and exotic pairs.
- CFDs (Contracts for Difference): Clients can trade CFDs on indices, commodities, shares, and cryptocurrencies.
- Unique Trading Instruments: The broker frequently updates its product offerings to include new and trending financial instruments, although specific details on recent additions are not available.
The trading services are designed to accommodate both retail and institutional clients, with a focus on providing a user-friendly trading experience. Loyal Trust Market also offers white-label solutions for other brokers, enhancing its operational versatility.
The broker emphasizes its commitment to providing comprehensive retail trading services, which include market analysis and insights to assist traders in making informed decisions.
4. Trading Platforms and Technology
Loyal Trust Market supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are widely recognized for their user-friendly interfaces and robust analytical tools. These platforms are compatible with both desktop and mobile devices, allowing traders to access their accounts and trade on the go.
The broker does not appear to offer a proprietary trading platform, focusing instead on the established capabilities of MT4 and MT5. Key features of the trading platforms include:
- Execution Models: Loyal Trust Market operates on an ECN (Electronic Communication Network) execution model, providing direct access to the market with minimal latency.
- Server Infrastructure: The broker utilizes advanced technology infrastructure to ensure reliable trading conditions, although specific details regarding server locations are not disclosed.
- API Access: The broker supports automated trading through APIs, enabling traders to implement algorithmic strategies effectively.
Overall, the technological framework of Loyal Trust Market is designed to facilitate efficient trading operations, catering to the needs of both novice and experienced traders.
Loyal Trust Market broker is committed to maintaining high standards of service delivery through its technological offerings.
5. Account Types and Trading Conditions
Loyal Trust Market provides various account types to accommodate different trading styles and preferences. The primary account types include:
- Standard Account: Requires a minimum deposit, offers competitive spreads, and does not charge commissions.
- Advanced Accounts: Options for VIP or professional accounts are available, providing enhanced trading conditions and features.
- Special Accounts: The broker may offer Islamic accounts for clients who require Sharia-compliant trading options.
The trading conditions are designed to be flexible, with leverage ratios available up to 1:500, depending on the account type and specific products. The minimum trade size is set at 0.01 lots, allowing traders to manage their exposure effectively.
Loyal Trust Market also offers a demo account for new traders, enabling them to practice trading strategies without financial risk. Overnight fees and other specific trading costs are applicable, although detailed information on these policies is not explicitly provided.
6. Fund Management
Loyal Trust Market supports a variety of deposit and withdrawal methods to facilitate transactions for its clients. Available funding options include:
- Deposit Methods: Bank transfers, credit cards, and various electronic wallets are accepted for deposits.
- Minimum Deposit Requirements: The broker has set different minimum deposit thresholds depending on the account type.
- Processing Times: Deposits are typically processed quickly, although specific timeframes are not detailed.
Withdrawal methods mirror those of deposits, ensuring a seamless transaction experience. However, information regarding withdrawal processing times and any associated fees is limited.
Clients are encouraged to review the terms related to fund management to ensure they understand the costs and processing times associated with their transactions.
Loyal Trust Market broker aims to provide a straightforward and efficient fund management process for its clients.
7. Customer Support and Educational Resources
Loyal Trust Market emphasizes customer support as a key component of its service offering. The broker provides various support channels, including:
- Support Channels: Clients can reach out via phone, email, and online chat, although specific social media support options are not mentioned.
- Service Hours: Customer support is available during business hours, but the exact time zones covered are not specified.
- Multilingual Support: The broker offers support in several languages to accommodate its diverse clientele.
In addition to customer support, Loyal Trust Market provides educational resources to help traders improve their skills. These resources may include webinars, tutorials, and eBooks, although detailed descriptions of the available materials are not provided.
Market analysis services, including daily updates and research reports, are also part of the educational offerings, helping traders stay informed about market trends.
8. Regional Coverage and Restrictions
Loyal Trust Market primarily serves clients in the Middle East and surrounding regions, although it aims to expand its reach globally. The broker has established regional offices to support its operations and enhance client relations.
However, there are specific countries and regions from which clients may be restricted from opening accounts. While the exact list of prohibited countries is not provided, potential clients are advised to check with the broker directly to confirm their eligibility.
In summary, Loyal Trust Market broker is positioned to cater to a broad client base, while also navigating the complexities of regional regulations and market demands.
This comprehensive guide provides an overview of Loyal Trust Market, detailing its offerings, operational framework, and important considerations for potential clients. The broker's commitment to enhancing the trading experience through technology and customer service is evident, although the absence of regulatory oversight necessitates careful consideration by prospective traders.
FX1895719170
Indonesia
This broker has cheated on me, I know this broker because someone who claims to be a trading master called AIP told me to register with this broker, then, made a random open and finally locked the position, after that my balance went from 1000 to the remaining 488$, I stopped, and I wanted to withdraw, I couldn't, aka it was rejected by this fraudulent scam broker, it was rejected without notification 3x, with no reason whatsoever, then a few moments later all my transaction history was lost in my account, from proof of deposit, to balance. I just disappeared, where do I want to complain, all the customer service is all FAKE, never online standby chat. and finally I couldn't log in at all, until now I can't withdraw my money, for those of you, don't trust this broker, and don't be invited by someone who claims to be a master whose name is AXP Sumxxna from Bandung, he's that cunning, he's already had a lot of victims. eat his words, that's cheating, it's no different from a tie-wearing robber, I hope you're still safe, you feed your family in an illegal way and don't please the people you cheated out of their money at this Loyal Trust scam broker, whether it's from Jogna, Bandung , the point is, if you are loyal to trust, be careful. It's a trap for you.
Exposure
2024-04-22