Tri Forex Broker

Tri Forex Broker - Complete Information Guide

1. Broker Overview

　　Company Name and Establishment Date:

　　Tri Group, also known as Tri broker, was established in 2017.

　　Headquarters and Main Offices:

　　The broker is headquartered in the United Kingdom, with its primary office located in London.

　　Company Nature:

　　Tri operates as a private entity and is not publicly listed.

　　Main Markets and Clientele:

　　Tri broker mainly serves retail and institutional clients, offering a range of trading services across various financial markets including Forex, commodities, indices, and more.

　　Company Development and Milestones:

　　Since its inception, Tri has aimed to provide a user-friendly trading environment. However, it has faced numerous challenges, including regulatory scrutiny and customer complaints regarding withdrawal issues.

　　Parent Company or Group Relations:

　　Tri broker operates independently without a notable parent company or group affiliation.

　　Business Model Overview:

　　Tri broker primarily engages in retail Forex trading, offering a platform for individual traders to access global financial markets. It also provides institutional services, including liquidity provision and white-label solutions.

2. Regulatory and Compliance Information

　　Major Regulatory Bodies List:

　　Tri broker is regulated by several authorities, including:

• Financial Conduct Authority (FCA) - United Kingdom
• Cyprus Securities and Exchange Commission (CySEC) - Cyprus
• Federal Financial Supervisory Authority (BaFin) - Germany

　　Regulatory Numbers:

• FCA License Number: 750779
• CySEC License Number: 254/14
• BaFin License Number: 148055

　　License Validity and Scope:

　　The licenses held by Tri broker are currently under scrutiny, with some being classified as suspicious clones, indicating potential regulatory issues.

　　Legal Entities in Different Regions:

　　Tri operates under different legal entities depending on the regulatory jurisdiction, primarily as Trilt Ltd.

　　Client Funds Segregation Policy:

　　Tri broker claims to maintain client funds in segregated accounts; however, the effectiveness and adherence to this policy are under question due to various customer complaints.

　　Investor Compensation Fund Participation:

　　Details regarding participation in investor compensation funds are not clearly stated, raising concerns about the safety of client funds.

　　KYC and AML Compliance Measures:

　　Tri broker states that it follows Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, but the effectiveness of these measures has been questioned by clients.

3. Trading Products and Services

　　Number of Forex Currency Pairs and Major Types:

　　Tri broker offers a wide range of Forex currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, among others.

　　CFD Product Categories:

　　The broker provides access to various Contract for Difference (CFD) products, including indices, commodities, stocks, and cryptocurrencies.

　　Special Products or Unique Trading Varieties:

　　While Tri broker offers standard trading products, there are no notable unique offerings that set it apart from competitors.

　　Product Update Frequency and New Additions:

　　Information regarding the frequency of product updates or new additions is not readily available, which may indicate a lack of transparency.

　　Retail Trading Services:

　　Tri broker primarily focuses on retail trading services, providing individual traders with access to the markets through its trading platform.

　　Institutional Client Services:

　　The broker also offers services for institutional clients, including liquidity solutions and white-label services.

　　Asset Management Services:

　　There is no clear indication that Tri broker provides asset management services, which could limit its appeal to a broader clientele.

4. Trading Platforms and Technology

　　MetaTrader 4/5 Support Status:

　　Tri broker supports the MetaTrader 4 (MT4) platform, which is widely recognized for its user-friendly interface and advanced trading tools.

　　Proprietary Platform Details:

　　Currently, there is no information suggesting that Tri broker has developed its own proprietary trading platform, relying instead on MT4.

　　Web-Based Trading Platform:

　　Tri broker offers a web-based trading platform, allowing clients to trade without needing to download software.

　　Mobile Application Support:

　　The broker provides a mobile trading application compatible with both iOS and Android devices, enhancing accessibility for traders on the go.

　　Execution Model (ECN, STP, Market Making):

　　Tri broker operates primarily on a Market Making model, which may introduce potential conflicts of interest.

　　Server Locations and Technical Infrastructure:

　　The exact locations of Tri's servers are not disclosed, which may raise concerns regarding the reliability and speed of trade execution.

　　API Access and Automated Trading Support:

　　Information on API access and support for automated trading strategies is limited, indicating potential gaps in service offerings.

5. Account Types and Trading Conditions

　　Standard Account Conditions:

• Minimum Deposit: $100
• Spread: Variable, with no specific minimum stated
• Commission: Not mentioned explicitly

　　Advanced Account Types:

　　Tri broker offers various account types, including standard and mini accounts, but details on VIP or professional accounts are not specified.

　　Special Accounts:

　　There is no information available regarding the availability of Islamic accounts or corporate accounts.

　　Demo Account Policy:

　　Tri broker provides a demo account option, allowing potential clients to practice trading without financial risk.

　　Leverage Range:

　　Leverage options vary, with a maximum of up to 1:500 available, which can amplify both potential profits and risks.

　　Minimum Trade Size:

　　The minimum position size is typically 0.01 lots, accommodating both small and larger traders.

　　Overnight Fees Policy:

　　Details regarding overnight fees or swap rates are not clearly provided, which may affect traders' decision-making.

6. Fund Management

　　Supported Deposit Methods:

　　Tri broker supports various deposit methods, including bank transfers, credit cards, and electronic wallets.

　　Minimum Deposit Requirements:

　　The minimum deposit requirement varies by account type, starting from $100 for standard accounts.

　　Deposit Processing Times:

　　Processing times for deposits are typically quick, but specific durations are not detailed in the available information.

　　Deposit Fee Structure:

　　There is no clear information on deposit fees, suggesting that deposits may be processed without additional charges.

　　Withdrawal Methods and Restrictions:

　　Tri broker provides several withdrawal options, but users have reported difficulties and delays in accessing their funds.

　　Withdrawal Processing Times:

　　Withdrawal processing times can vary, with some users experiencing significant delays, which raises concerns about the broker's reliability.

　　Withdrawal Fee Structure:

　　Details regarding withdrawal fees are not explicitly stated, leading to potential confusion for clients.

7. Customer Support and Educational Resources

　　Support Channels:

　　Tri broker offers customer support through various channels, including phone, email, and live chat.

　　Service Hours and Time Zone Coverage:

　　Support is typically available during business hours, but specific times and time zone coverage are not provided.

　　Multilingual Support:

　　The broker supports multiple languages, including English and Chinese, catering to a diverse clientele.

　　Types of Educational Resources:

　　Tri broker provides limited educational resources, with some tutorials and market analysis available, but lacks comprehensive training programs.

　　Market Analysis Services:

　　Traders can access daily analysis and news updates, although the depth and quality of these resources may vary.

　　Trading Tools:

　　Basic trading tools such as calculators and economic calendars are available, but advanced tools may be lacking.

8. Regional Coverage and Restrictions

　　Main Service Markets:

　　Tri broker primarily serves clients in the United Kingdom and Asia, with a focus on retail Forex trading.

　　Regional Office Distribution:

　　There is no clear information on regional office distribution, which may limit local support.

　　Countries/Regions Not Accepting Clients:

　　Tri broker does not accept clients from certain jurisdictions, but specific countries are not listed in the available information.

　　Special Restrictions Description:

　　Due to regulatory issues, potential clients should be aware of the risks associated with trading with an unregulated broker.

　　In conclusion, while Tri broker offers access to a variety of trading products and services, potential clients should carefully consider the regulatory concerns and user feedback before engaging with the platform. As with any investment, thorough research and due diligence are essential.