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TREX trade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://txac.trexfx.com/real_pc.html?locale=en&utm_source=google&utm_medium=directclick&utm_campaign=link, about the company's legal and temporary regulatory information, the company's address First Floor, First St. Vincent Bank Ltd Building, P. O Box 1574, James Street, Kingstown, St. Vincent& the Grenadines..

TREX trade Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
Trex Global LIMITED
Abbreviation
TREX trade
Company employee
--
Customer Service Email Address
cs@trexfx.com
Company address
First Floor, First St. Vincent Bank Ltd Building, P. O Box 1574, James Street, Kingstown, St. Vincent& the Grenadines.
Keywords
5-10 years
Suspicious Regulatory License
MT5 Full License
Self-developed
Regional Brokers
High potential risk

Company profile

Risk Warning Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks. General Information TREX Global Limited Review Summary Founded 2008 Registered Country/Region St. Vincent and the Grenadines Regulation Unregulated Market Instruments Crypto, Forex, Commodities, Indices, Shares Demo Account N/A Leverage Max 1:500 EUR/USD Spread N/A Trading Platforms TREX Trade Platform Minimum Deposit $50 Customer Support 24 /7 SupportLive ChatEmail:cs@trexfx.com12280872 (Viettel network)12032559 (VNPT Network)1800588847(All Network) What is TREX Trade? TREX Trade is a brokerage firm that offers a range of trading instruments across various asset classes, including Crypto, Forex, Commodities, Indices, Shares. They provide TREX trade platform catering to different trading needs. The company has an unauthorized NFA license. And TREX Trade has a physical office in St. Vincent and the Grenadines. We will examine this broker's attributes from a variety of angles in the following post, giving you clear and organized information. Please continue reading if you're curious. To help you quickly comprehend the broker's qualities, we will also provide a concise conclusion at the end of the piece. Pros & Cons Pros Cons • Diverse Trading Instruments • Reports of severe losses and failed withdrawals • Low minimum deposit • No MT4/5 trading platform • 24/7 support • Unauthorized NFA license TREX Trade Alternative Brokers There are many alternative brokers to TREX Trade depending on the specific needs and preferences of the trader. Some popular options include: eToro - A social trading platform that allows users to copy the trades of other successful traders. It also offers a wide range of assets to trade, including stocks, commodities, currencies, and cryptocurrencies. eToro's fees are relatively low, and it offers a user-friendly platform that is suitable for both beginners and experienced traders. TD Ameritrade - A well-established broker that offers a wide range of trading products and services. It is known for its excellent research tools and customer support. Plus500 - A CFD trading platform that allows users to trade a wide range of assets, including stocks, commodities, currencies, and cryptocurrencies. Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs. Is TREX Trade Safe or Scam? TREX Trade is a forex broker that is not regulated by any major financial regulator. This means that there is no governing body that oversees its activities or protects its customers. As a result, there is a high risk that TREX Trade could be a scam. Additionally, there have been a number of complaints from customers who claim that they have been unable to withdraw their funds from TREX Trade. If you are considering doing business with TREX Trade, I would strongly advise against it. There are many other regulated forex brokers that offer a safe and secure trading environment. Market Instruments TREX Trade offers a wide range of market instruments, including Crypto, Forex, Commodities, Indices, and Shares. Crypto is a digital or virtual currency that uses cryptography for security. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature. It is not issued by any central authority, rendering it theoretically immune to government interference or manipulation. Forex is the foreign exchange market, the largest and most liquid financial market in the world. It is where currencies are traded against each other. Commodities are raw materials that are used in the production of goods and services. They are traded on commodities exchanges, where buyers and sellers agree on a price for a specific quantity of the commodity. Indices are a type of financial instrument that tracks the performance of a group of stocks or other assets. They are often used as a benchmark for measuring the performance of the stock market or a particular sector of the economy. Shares are a type of security that represents ownership in a company. When you buy shares, you are essentially buying a small piece of the company. Shares can be traded on stock exchanges, where buyers and sellers agree on a price for the shares. Accounts There are three trading accounts offered by TREX, namely Mini, Standard, Platinum. The broker claims that different classes of account types enjoy different trading privileges. The Mini account is suitable for beginners and with low fund requirements of only $50, while the Standard account offers some symbols‘ spread lower to 30% and with the minimum initial deposit of $100, and the Platinum account enjoys some symbols’ spread lower to 50% and with the initial capital of $5,000. Leverage TREX Trade offers maximum leverage of up to 1:500, which means that you can control a position worth 500 times your initial deposit. For example, if you deposit $100, you could control a position worth $50,000. Leverage can magnify your profits, but it can also magnify your losses. If the market moves against you, you could lose more money than you deposited. Spreads & Commissions Spreads are totally affected by what type of accounts you are holding. The minimum spread for forex in the Mini account is floating around 1.6 pips, the Standard account around 1.2 pips, and the Platinum account around 1.0 pips. As for commissions, however, there is nothing detailed information available on TREXs official site. Below is a comparison table about spreads and commissions charged by different brokers: Broker EUR/USD Spread (pips) Commissions (per lot) TREX Trade 1.6 N/A eToro 1 No commission (Spread-only) TD Ameritrade 0.3 No commission (Spread-only) Plus500 Average of 0.6 No commissions Trading Platform The TREX trade platform is designed for traders interested in buying and selling physical precious metals such as gold and silver bullion or silver coins. The platform offers more than 40 products, including gold, silver, platinum, and palladium. The platform also offers a variety of features to help traders manage their risk, such as stop-loss orders and margin calls. See the trading platform comparison table below: Broker Trading Platforms TREX Trade TREX Trade Platform eToro eToro Platform TD Ameritrade Thinkorswim, Web Platform, Mobile Apps Plus500 Plus500 WebTrader, Plus500 Mobile App Deposits & Withdrawals TREX Trade offers a variety of deposit and withdrawal methods, including helpay2, Direct Deposit, Internet Banking, and Bind bank card. The minimum deposit amount is $50, and the accepted currencies are USD/VND for deposit and USD for withdrawal. All deposits are free of charge, while withdrawals are free in most situations. Deposits and withdrawals are said to be processed instantly. TREX Trade minimum deposit vs other brokers TREX Trade Most other Minimum Deposit $50 $100 User Exposure on WikiFX Some of you may see reports of severe losses or failed to withdrawal on our website. The business received several reports of this nature, however some of them appear to have been resolved. We urge traders to carefully examine the dangers of trading on unregulated platforms and review the information that is readily available. Before trading, you can study the facts about our platform. Please let us know in the “Exposure” area if you come across any such dishonest brokers or if you have yourself been a victim. We would appreciate that, and our team of professionals will make every effort to help you fix the issue. Customer Service TREX Trade provides online services for investors,it is available 24/7 support, there are multiple channels to contact support, and the staff is knowledgeable and responsive. As well as telephone services for closing positions, customized VIP customer service, daily market analysis, and online live trend analysis. Customers can get in touch with their customer service line using the information provided below: Email:cs@trexfx.com 12280872 (Viettel network)12032559 (VNPT Network)1800588847(All Network) TREX Trade offers online chat as a way for customers to get in touch with customer support. The chat is available 24/7, and customers can reach out with questions about their accounts, trading platforms, or any other issues they may be having. The chat is staffed by knowledgeable and experienced customer service representatives who are able to help customers with a variety of issues. Pros Cons • Chat online 24 /7 Availability • No social media presence • Various Contact Options Conclusion In conclusion, TREX Trade is a brokerage firm that provides access to a wide range of trading instruments and offers TREX trade platform to cater to different trading preferences. The company has an unauthorized NFA license.However, it's important to note that there have been reports of severe losses and failed withdrawals, although some of these issues appear to have been resolved. Traders should exercise caution and conduct thorough research when considering TREX Trade or any other brokerage firm, taking into account factors such as reputation, client feedback, and regulatory compliance. Making an informed decision requires a comprehensive evaluation of all relevant factors beyond the information provided here. Frequently Asked Questions (FAQs) Q1: What types of trading instruments are available at TREX Trade? A1: TREX Trade offers a variety of trading instruments, including Crypto, Forex, Commodities, Indices, Shares. Q2: Is TREX Trade a regulated brokerage firm? A2: No,the company has an unauthorized NFA license. Q3: What trading platforms does TREX Trade provide? A3: TREX Trade offers TREX Trade Platforms.

Rating Index

How to login to TREX trade?
trex trade Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a trex trade Account To get started with trex trade, you first need to create your account. The registration process is straightforward and can be completed in

  

TREX Trade Forex Broker - Complete Information Guide

  

1. Broker Overview

  TREX Trade, officially known as TREX Global Limited, was established in December 2008. The company's headquarters is located in Saint Vincent and the Grenadines, specifically at the first floor of the First St. Vincent Bank Ltd. building, James Street, Kingstown. TREX Trade operates as a private entity and primarily serves retail clients interested in trading various financial instruments.

  Since its inception, TREX Trade has focused on providing a diverse range of trading services, including foreign exchange (forex), precious metals, stock indices, and crude oil. The broker has built a reputation for offering comprehensive financial investment training and advisory services, catering to both individual traders and corporate clients. Over the years, TREX Trade has achieved significant milestones, including expanding its product offerings and enhancing its trading platform capabilities.

  The company operates under a multi-asset brokerage model, allowing clients to access a variety of financial markets. This structure enables TREX Trade to cater to a broad spectrum of clients, from novice traders to experienced investors seeking advanced trading solutions.

  

2. Regulatory and Compliance Information

  TREX Trade claims to be regulated by several entities, including the National Futures Association (NFA), with license number 0529711, and the Financial Services Commission (FSC) in Mauritius, with license number C119023919. However, there are concerns regarding the legitimacy of these licenses, as multiple sources indicate that TREX Trade operates without proper regulatory oversight.

  The broker does not provide clear information about the scope and validity of its regulatory licenses, raising questions about the protection of client funds. Customer funds are not segregated, which poses a risk in case of financial difficulties faced by the broker. Furthermore, there is no evidence of participation in an investor compensation scheme, which typically offers additional protection to traders in the event of broker insolvency.

  TREX Trade asserts compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations; however, the lack of transparent regulatory oversight diminishes the effectiveness of these measures. Given these factors, potential clients are advised to exercise caution when considering TREX Trade as their broker.

  

3. Trading Products and Services

  TREX Trade offers a wide array of trading products across various asset classes. The broker provides access to over 49 currency pairs, including major, minor, and exotic pairs such as EUR/USD, USD/JPY, and GBP/USD. In addition to forex, TREX Trade also facilitates trading in Contracts for Difference (CFDs), which include indices, commodities, stocks, and cryptocurrencies.

  The available CFD products include popular indices such as the Dow Jones 30 (DJ30) and the S&P 500, alongside commodities like gold, silver, and crude oil. TREX Trade frequently updates its product offerings, ensuring that clients have access to the latest market trends and investment opportunities.

  For retail traders, TREX Trade provides comprehensive trading services that include market analysis, educational resources, and risk management tools. Additionally, the broker is also equipped to serve institutional clients, offering tailored solutions to meet their specific trading needs.

  

4. Trading Platforms and Technology

  TREX Trade supports the MetaTrader 4 (MT4) trading platform, which is widely recognized for its user-friendly interface and robust trading features. The broker also offers its proprietary trading platform, designed to accommodate various trading styles, including day trading, position trading, and swing trading.

  The proprietary platform provides essential tools such as one-click trading, live market news, and access to comprehensive market depth, allowing traders to make informed decisions. Additionally, TREX Trade's platform is designed to execute transactions quickly, with an average execution time of 0.3 seconds.

  For mobile trading, TREX Trade offers applications compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go. The broker's infrastructure includes servers located in strategic regions, ensuring optimal performance and minimal latency.

  TREX Trade also supports API access, allowing advanced traders to integrate automated trading systems and algorithms, enhancing their trading capabilities.

  

5. Account Types and Trading Conditions

  TREX Trade offers several account types to cater to different trading preferences and experience levels. The available accounts include:

  • Mini Account: Requires a minimum deposit of $50, with spreads starting from 1.6 pips and leverage up to 1:500.
  • Standard Account: Requires a minimum deposit of $100, offering lower spreads starting from 1.2 pips and leverage up to 1:500.
  • Platinum Account: Designed for more experienced traders, this account requires a minimum deposit of $5,000, with spreads starting from 1.0 pips and leverage up to 1:500.

  TREX Trade allows a minimum trade size of 0.01 lots across all account types, with an overnight fee policy that is not explicitly detailed on their website. This flexibility in account types and trading conditions is designed to accommodate a wide range of traders, from beginners to professionals.

  

6. Fund Management

  TREX Trade supports multiple deposit and withdrawal methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, starting at $50 for the Mini Account. Deposits are typically processed instantly, although the exact processing time may vary based on the method used.

  While TREX Trade claims that deposits are free of charge, clients should verify the fees associated with their chosen payment method. Withdrawals can be made through similar channels, but clients should be aware of potential restrictions and processing times, which are generally stated to be around 30 minutes.

  The withdrawal fees structure is not clearly outlined, and clients are encouraged to check the specifics with customer support before initiating a withdrawal.

  

7. Customer Support and Educational Resources

  TREX Trade provides customer support through various channels, including email, phone, and live chat. Their support team is available 24/7, ensuring that clients can receive assistance whenever needed. The broker offers support in both English and Vietnamese, catering to a diverse clientele.

  In terms of educational resources, TREX Trade provides market analysis services, including daily market reports and trading signals. However, the availability of structured educational materials such as webinars, tutorials, or eBooks appears limited.

  Trading tools such as calculators and economic calendars are also offered to help traders make informed decisions. Despite the lack of extensive educational resources, the broker aims to support traders with essential market insights and analysis.

  

8. Regional Coverage and Restrictions

  TREX Trade primarily serves clients in Vietnam and India, with a focus on these markets. The broker has a physical presence in Saint Vincent and the Grenadines, which serves as its primary operational base. However, it is essential to note that TREX Trade does not accept clients from certain jurisdictions, including the United States, due to regulatory restrictions.

  The broker's regional operations are designed to cater to the specific needs of its target markets, while also adhering to local regulations. Clients should verify their eligibility to open an account with TREX Trade based on their country of residence.

  In summary, while TREX Trade offers a range of trading products and services, potential clients should carefully consider the regulatory environment, customer feedback, and the broker's operational practices before proceeding with any investments. The absence of robust regulatory oversight and reports of withdrawal difficulties from clients are critical factors to assess when evaluating the suitability of TREX Trade as a trading partner.

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Latest Reviews

Lucky71540

Lucky71540

Belarus

I hate to say this, but spreads offered by this broker were not that low as they hyped, with spreads on the eur/usd reaching up to 20-30 pips. TREX’S trading platform also sucks, always executing your order slowly, giving you wrong signals…

37130

2023-02-21

FX3343971025

FX3343971025

Mexico

I have deposited €705 from my bank. They told me that I would have to choose to provide insurance for services and operations, and I did so, and then they told me that it enters my account. When I did it, the page did not work it. It fell out.

Exposure

2022-01-13

FX3283136099

FX3283136099

Argentina

I deposited $52.92 but my balance disappeared gradually. Please help me.

Exposure

2021-09-02

TREX trade Forex Broker has an overall rating of 2.30, Regulatory Index 0.00, License Index 0.00, Business Index 7.06, Software Index 9.20 Risk Control Index 0.00.
TREX trade