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Trubluefx foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://trubluefx.com/sign-up, about the company's legal and temporary regulatory information, the company's address 1st Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia.

Trubluefx Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
Ares Global LLC
Abbreviation
Trubluefx
Company employee
--
Customer Service Email Address
contact@trubluefx.com
Company Website
Company address
1st Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information & Regulation Feature Detail Regulation No regulation Market Instrument FX and CFDs on Indices, Commodities, and Cryptocurrencies Account Type Trading Account and Managed Account Demo Account yes Maximum Leverage N/A Spread N/A Commission N/A Trading Platform MetaTrader5 for Windows, iOS, Android and Mac Minimum Deposit N/A Deposit & Withdrawal Method Wire Transfer, Cryptocurrencies Trubluefx, a trading name of Ares Global LLC, is allegedly a forex and CFD broker registered in Saint Vincent and the Grenadines that claims to provide its clients with various tradable financial instruments on the MT5 trading platform. Here is the home page of this brokers official site: As for regulation, it has been verified that Trubluefx currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.12/10. Please be aware of the risk. Note: The screenshot date is January 11, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores. Market Instruments Trubluefx advertises that it offers access to a wide range of trading instruments in financial markets, including FX and CFDs on Indices, Commodities, and Cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Tether (USDT) and more. Account Types Trubluefx claims to offer demo accounts, Trading Account and Managed Account. It seems that no minimum deposit requirement. Trading Platform Available The platform available for trading at Trubluefx is one of the most notable and preferred trading platforms the market offers - MetaTrader5 for Windows, iOS, Android and Mac, which is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT5 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors. Deposit & Withdrawal Trubluefx says to support Wire Transfer (accept EUR as Fiat currency) and Cryptocurrencies ( fund your account with BTC, ETH and USDT). It does not take any deposit fees, however, it may happen that your bank or intermediate banks charge some fees. When you deposit in Cryptocurrencies, blockchain fees will occur and must be paid by the sender. Customer Support Trubluefxs customer support can be reached by email: support@trubluefx.com or leave messages online to get in touch. Registered office: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines. Pros & Cons Pros Cons • Multiple trading assets offered • No regulation • Demo accounts available • No information on trading costs • MT5 supported Frequently Asked Questions (FAQs) Q 1: Is Trubluefx regulated? A 1: No. It has been verified that Trubluefx currently has no valid regulation. Q 2: At Trubluefx, are there any regional restrictions for traders? A 2: Yes. The information on Trubluefxs site is not directed at residents of the United States. Q 3: Does Trubluefx offer demo accounts? A 3: Yes. Q 4: Does Trubluefx offer the industry-standard MT4 & MT5? A 4: Yes. Trubluefx offers MetaTrader5 for Windows, iOS, Android and Mac. Q 5: Is Trubluefx a good broker for beginners? A 5: No. Trubluefx is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency.

Rating Index

How to login to Trubluefx ?
trubluefx Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a trubluefx Account To begin your journey with trubluefx, you will first need to register for an account. This process is straightforward and can be completed i

  

Trubluefx Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  Trubluefx, officially known as Ares Global Ltd, was established in 2022. The company is headquartered in Saint Lucia, with its main offices reportedly located in New Belgrade, Serbia. This broker operates as a private entity, focusing on retail forex trading and offering a range of financial products to individual traders.

  Trubluefx aims to cater to a diverse clientele, primarily targeting traders from regions with significant financial market activity, including the United States, Canada, and various European countries. Since its inception, the broker has made strides in the forex trading landscape, although it has also faced scrutiny due to its unregulated status.

  The development of Trubluefx has been marked by its introduction of the MetaTrader 5 platform, which allows for advanced trading capabilities. The broker provides various trading options, including CFDs on currency pairs, commodities, and cryptocurrencies, making it a versatile choice for traders looking to engage in multiple markets.

  The business model of Trubluefx is primarily retail-focused, offering services directly to individual traders rather than institutional clients. This model enables them to provide a more personalized trading experience, although it also raises concerns regarding the broker's oversight and regulatory compliance.

  

2. Regulatory and Compliance Information

  Trubluefx operates without any valid regulatory oversight, which is a significant concern for potential investors. The broker has not provided details regarding its regulatory status, and it is not registered with any recognized financial authorities. The lack of regulation raises alarms about the safety of clients funds, as there are no legal protections in place.

  Key regulatory points include:

  • Regulatory Bodies: Trubluefx has not disclosed any regulatory licenses or numbers.
  • Client Fund Protection: There is no information available about client fund segregation policies, which typically safeguard client funds from being used for operational expenses.
  • Investor Compensation Schemes: Trubluefx does not participate in any investor compensation schemes, which are crucial for protecting traders in the event of a broker's insolvency.
  • KYC and AML Compliance: The broker has not provided clear information regarding its Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are essential for ensuring the legitimacy of client funds.

  Given these factors, potential clients should exercise extreme caution when considering the services of Trubluefx. The absence of regulatory oversight is a critical indicator of the risks associated with this broker.

  

3. Trading Products and Services

  Trubluefx offers a variety of trading products, primarily focusing on the following categories:

  • Forex Currency Pairs: The broker provides access to a range of forex pairs, including major, minor, and exotic currency pairs, although specific numbers are not detailed.
  • CFD Products: Traders can engage in CFD trading across various asset classes, including:
  • Indices: Major global indices such as the S&P 500 and DAX 30.
  • Commodities: Popular commodities like gold and oil.
  • Cryptocurrencies: A selection of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).

  Trubluefx claims to regularly update its product offerings, although specific details on the frequency of updates or the introduction of new products have not been provided.

  The broker primarily serves retail clients, offering them the opportunity to trade independently or through managed accounts. However, it does not appear to provide institutional services or white-label solutions, limiting its appeal to larger financial entities.

  

4. Trading Platform and Technology

  Trubluefx supports the MetaTrader 5 (MT5) platform, which is widely recognized for its advanced trading features. This platform offers:

  • Compatibility: Available for various operating systems, including Windows, iOS, Android, and macOS.
  • Execution Mode: The broker operates on a Market Maker model, which may influence the pricing and execution of trades.
  • Server Infrastructure: Specific details regarding server locations and technical infrastructure have not been disclosed, raising questions about the broker's reliability and execution speed.
  • API Access: There is no information available on whether Trubluefx provides API access for automated trading or algorithmic trading support.

  The absence of a proprietary trading platform or web-based trading options may limit the flexibility and user experience for traders.

  

5. Account Types and Trading Conditions

  Trubluefx offers a limited range of account types, primarily focusing on:

  • Standard Accounts: These accounts typically require a minimum deposit of $20 and offer floating spreads. However, specific details regarding spreads, commissions, and trading conditions have not been disclosed.
  • Managed Accounts: Designed for clients who prefer to have their trading managed by professionals.
  • Demo Accounts: Available for traders to practice without risking real money.

  The broker does not offer specialized accounts such as Islamic accounts or ECN accounts, which may deter certain traders. The leverage offered by Trubluefx is reported to be up to 1:400, although this can vary by account type and specific trading conditions.

  

6. Funds Management

  Trubluefx provides several options for managing deposits and withdrawals:

  • Supported Deposit Methods: Clients can deposit funds via bank transfers and cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
  • Minimum Deposit Requirement: The minimum deposit across account types is set at $20.
  • Deposit Processing Time: Specific timeframes for deposit processing have not been disclosed, which may lead to uncertainty for traders.
  • Withdrawal Methods: Withdrawals can be made through similar channels, but details regarding processing times and any associated fees are vague.
  • Withdrawal Fees: While Trubluefx does not charge withdrawal fees, clients may incur fees from payment providers or banks.

  The lack of transparency in the withdrawal process and potential fees can be a red flag for traders considering this broker.

  

7. Customer Support and Educational Resources

  Trubluefx offers limited customer support options, which include:

  • Support Channels: Clients can reach out via email or contact forms on the website. However, there is no provision for phone support or live chat.
  • Service Availability: Support is available 24/5, but response times may vary.
  • Language Support: The primary language for support appears to be English, with no indication of multi-language support.
  • Educational Resources: The broker does not provide substantial educational materials, such as webinars or tutorials. A FAQ section exists but lacks comprehensive information.
  • Market Analysis Services: There is no mention of daily market analysis or research reports, which could be beneficial for traders.

  The limited availability of educational resources and market analysis may hinder the trading experience for novice traders.

  

8. Regional Coverage and Restrictions

  Trubluefx primarily targets markets in:

  • Main Service Markets: The broker focuses on clients from the United States, Canada, and several European countries, including the UK and France.
  • Regional Offices: While the company claims to have offices in Saint Lucia and Serbia, there is no verification of these claims.
  • Countries with Restrictions: Trubluefx does not accept clients from certain regions, particularly those with stringent regulatory frameworks. Specific countries where services are restricted have not been disclosed.

  Potential clients should be aware of these limitations and ensure they are eligible to trade with Trubluefx before opening an account.

  In conclusion, while Trubluefx offers a range of trading products and utilizes the popular MetaTrader 5 platform, its unregulated status and lack of transparency raise significant concerns. Prospective traders should carefully consider these factors and conduct thorough research before engaging with this broker.

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Latest Reviews

孔杰

孔杰

Taiwan

Trubluefx provides quick and superb service, I am simply impressed. I have tried another 3 forex brokers but at last, stopped my choice with them. Till now this broker deserves 5 stars.

Positive

2022-12-13

FX1119740184

FX1119740184

New Zealand

Trubluefx perfectly meets all my trading needs here, unparalleled trading conditions, powerful mt5 trading platform, professional customer support. Yes, it is perfect. My trading goes well here. I must give it give stars!

37130

2022-12-09

Trubluefx

News

WikiFX Review: Something You Need to Know About Trubluefx

Exposure WikiFX Review: Something You Need to Know About Trubluefx

A forex broker called Trubluefx recently caught our eye; it is the trading name of the company Ares Global LLC. However, some sources said that this broker is actually run by the same group that is behind the Ponzi scheme at Traders Domain. What is the truth here?

Trubluefx Forex Broker has an overall rating of 1.41, Regulatory Index 0.00, License Index 0.00, Business Index 6.25, Software Index 4.00 Risk Control Index 0.00.