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True Trading Group foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://register.truetradinggroup.com/users/sign_up, about the company's legal and temporary regulatory information, the company's address .

True Trading Group Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
True Trading Group, LLC
Abbreviation
True Trading Group
Company employee
--
Customer Service Email Address
info@truetradinggroup.com
Contact Number
+18558788723
Keywords
5-10 years
Suspicious Regulatory License
High potential risk

Company profile

Aspect Information Company Name True Trading Group Registered Country/Area United States Founded year 2020 Regulation Not Regulated Market Instruments Educational courses, Live trading room, Trading alerts, Trading simulator, Trading simulator Account Types TTG member Trading Platforms Web-based platform Demo Account A 7-day trial of its platform for only $3 Customer Support Phone: +1 (855) 878-8723 Email: info@truetradinggroup.com Deposit & Withdrawal Payment methods include Stripe, PayPal Standard, credit/debit card Educational Resources Video courses, webinars, live sessions, articles, trading simulator, community forums Overview of LONGFUAN True Trading Group, founded in 2020 and based in the United States, offers a variety of trading resources primarily through its web-based platform. While the company is not regulated, it provides a range of educational resources and tools to assist traders in improving their skills and knowledge. Market instruments include educational courses, a live trading room, trading alerts, and a trading simulator, satisfying traders of all levels. Account types are tailored under the designation of “TTG member,” while customer support is available via phone and email. Payment methods encompass Stripe, PayPal Standard, and credit/debit cards. Educational resources offered by True Trading Group include video courses, webinars, live sessions, articles, a trading simulator, and community forums. Additionally, the platform offers a 7-day trial for $3, allowing users to experience its features firsthand. Pros and Cons Pros Cons Educational Resources: Extensive library of courses, webinars, live sessions, and articles covering various trading topics. Not Regulated: Lacks oversight from financial authorities, increasing risk and requiring extra caution. Market Instruments for Various Styles: The platform satisfies different trading styles by offering educational resources and tools applicable Educational Focus: Primarily intended for educational purposes, not financial advice or guaranteed profitability. User-Friendly Platform: True Trading Group's web-based platform offers convenient access from any device with an internet connection. Limited Account Types: Only one main account type (“TTG member”) with fixed features and costs. Customer Support: Phone and email support available. Potential High Cost: Annual membership fee can be expensive. 7-Day Trial: Affordable way to experience the platform and assess its value before committing to a full membership. Guarantee Conditions: Difficult to meet all requirements for the full refund, making it less reliable. Pros: Extensive Educational Resources: True Trading Group boasts a comprehensive library of educational materials, including video courses, webinars, live sessions, and articles. These resources cover diverse trading topics, from fundamental concepts like technical analysis and risk management to advanced strategies like options trading and swing trading. Whether you're a beginner or a seasoned trader, you're likely to find valuable learning materials that satisfy your needs. Market Instruments for Various Styles: The platform satisfies different trading styles by offering educational resources and tools applicable to stocks, options, and cryptocurrency trading. This allows you to explore and learn about various markets and find strategies that align with your investment goals and risk tolerance. User-Friendly Platform: True Trading Group's web-based platform offers convenient access from any device with an internet connection. The platform features key elements like a live trading room, charting tools, personalized watchlists, and a community forum, making it easy to navigate and utilize different learning and trading resources. Customer Support: The platform provides multiple support channels through phone and email, allowing you to reach out for assistance with technical issues, inquiries about your membership, or any other trading-related concerns. Affordable Introductory Option: The 7-day trial for only $3 offers a cost-effective way to test the platform's features and assess its value before committing to a full membership. This allows you to make an informed decision based on your personal experience. Cons: Not Regulated: True Trading Group is not a registered broker-dealer or investment advisor, meaning they operate outside the regulatory framework governing financial institutions. While this offer them more flexibility, it also implies a lack of oversight and consumer protection compared to regulated entities. This necessitates extra caution and thorough research before utilizing their services. Educational Focus, Not Financial Advice: It's crucial to understand that True Trading Group primarily provides educational resources and tools. They are not licensed to offer personalized investment advice or guarantee any specific trading outcomes. It's essential to seek professional financial advice tailored to your individual circumstances before making investment decisions. Limited Account Types: Unlike platforms with various account options based on experience and investment goals, True Trading Group currently offers only one main account type (“TTG member”) with fixed features and costs. This does not provide the flexibility some users seek in tailoring their experience and subscription expenses. Potential High Cost: While the 7-day trial is affordable, the annual membership fee for the “TTG member” account can be expensive for some users. Consider your budget and the value you expect before committing to the full membership. Guarantee Conditions: True Trading Group offers a full refund plus an additional $997 if you complete all courses, pass exams, participate in a study group, and fail to make back your subscription cost within a year. However, meeting all these conditions is challenging, making the guarantee's reliability questionable. Regulatory Status True Trading Group operates under the disclaimer that it is “not a registered broker-dealer,” “not an investment advisor,” and is for “educational purposes only.” These disclaimers suggest that True Trading Group is not subject to specific financial regulations that govern registered broker-dealers and investment advisors. As such, it does not fall under the oversight of regulatory bodies that typically monitor and regulate financial services providers. Market Instruments True Trading Group offers a variety of products and services designed to help people learn how to trade stocks, options, and futures. At the core of their offerings are educational courses covering a spectrum of trading concepts, from foundational principles to advanced strategies, all taught by seasoned traders through a blend of video lessons, quizzes, and supplementary materials. The live trading room provides members with an immersive experience, allowing them to observe professional traders in action, gaining insights and learning from their real-time decision-making processes. Additionally, trading alerts furnish timely notifications of potential trading opportunities, empowering members to make well-informed choices based on the group's technical analysis. The trading simulator offers a risk-free environment for members to hone their skills and experiment with various strategies, fostering competence and confidence in trading execution. Moreover, the community forums serve as a vibrant hub for interaction, enabling members to engage with peers, seek advice, and share insights, thereby fostering a collaborative learning environment. Account Types The User account type is designed for individuals who are eager to level the playing field in trading. With years of hedge fund experience, TTG provides User account holders with access to top-tier education, premium trading tools, quality trade alerts, and a supportive community environment. By becoming a TTG member, users gain immediate access to a wealth of resources, including a daily trading chat room for real-time discussions, daily real-time stock, options, and crypto trade alerts, and all current and future core trading courses and premium tools during their annual membership. Additionally, user account holders can participate in two small private study groups, further enhancing their learning and trading experience. True Trading Group invites users to discover the awesome profit potential of TTG by offering a 7-day trial of its platform for only $3, providing an opportunity to experience the benefits firsthand. How to Open an Account? Here's a guideline on how to open a True Trading Group account: Visit the True Trading Group website: Go to https://truetradinggroup.com/ and explore their offerings. Start your trial (optional): Consider starting with a trial to get a feel for their platform and content before committing to a paid membership. Create an account: Click on the “Join Now” button and follow the on-screen instructions. You'll need to provide your basic information like name, email address, and phone number. Complete your payment details: If you're not starting a trial, choose your preferred payment method and enter your billing information. Verify your account: You will receive a verification email or SMS. Follow the instructions to confirm your account. Set up your profile: Once verified, personalize your profile by adding your trading experience, goals, and preferences. This helps True Trading Group tailor your experience. True Trading Group 1-Year Subscription True Trading Group (TTG) offers a comprehensive trading platform that satisfies traders of all levels, from beginners to experts. The platform includes a university-level curriculum comprising 22 courses covering stocks, options, and cryptocurrency trading, ensuring that members can expand their knowledge and skills in various trading strategies. Additionally, TTG provides a daily trading chat room led by award-winning trader Michael Edward and his team, offering real-time alerts, screen sharing, and audio analysis to enhance members' trading experiences. The platform also features expert-curated daily watchlists for different trading styles, small private study groups for personalized mentorship, and access to Benzinga Pro's live news feed and squawk. Furthermore, members benefit from TradingView's premium charting software, Trade Ideas' real-time scanner, ETNA's state-of-the-art trading simulator, and a stock scanner with real-time streaming data, among other tools and features. TTG's platform empowers traders to stay ahead of the curve, maximize their potential, and unlock endless learning opportunities in the dynamic world of trading. Payment Methods True Trading Group offers flexible payment options to satisfy the diverse needs of its members. Whether using Stripe, PayPal Standard, or a credit/debit card, members can choose the method that best suits their preferences and convenience. With a commitment to member success, True Trading Group provides a unique guarantee: if a member completes all courses, passes all exams, attends one free small private study group, and after one year does not make back the cost of their subscription at least once, True Trading Group will refund the full subscription amount plus an additional $997, totaling $1,994 refunded. Customer Support True Trading Group provides robust customer support services to ensure that members receive timely assistance and guidance whenever needed. Members can reach out to TTG's customer support team via phone at +1 (855) 878-8723 or through email at info@truetradinggroup.com. Whether members have inquiries regarding their membership, technical issues with the platform, or any other concerns related to their trading experience, the dedicated support team is readily available to provide prompt and helpful assistance. With multiple channels of communication available, True Trading Group demonstrates a commitment to delivering excellent customer service and ensuring that members have a smooth and satisfying trading experience. Conclusion While True Trading Group offers a wealth of educational resources and tools for various trading styles, consider both its advantages and disadvantages before diving in. On the plus side, the platform boasts extensive learning materials, satisfies different market instruments, and provides a user-friendly platform with support options. However, the lack of regulatory oversight and focus on education, not personalized advice, necessitates caution. Additionally, limited account types, potential high costs, and challenging guarantee conditions require careful consideration before committing. FAQs Q: What kind of learning resources does True Trading Group offer? A: True Trading Group boasts a comprehensive library of educational materials, including video courses, webinars, live sessions, and articles. These resources cover various trading topics, satisfying both beginners and experienced traders. Q: Is True Trading Group a regulated platform? A: No, True Trading Group is not a registered broker-dealer or investment advisor. This means they operate outside the regulatory framework governing financial institutions. Q: What type of support does True Trading Group offer? A: The platform provides multiple support channels through phone and email, allowing you to reach out for assistance with technical issues, questions about your membership, or any other trading-related concerns. Q: What are the different account types available? A: Currently, True Trading Group offers only one main account type (“TTG member”) with fixed features and costs. Q: What is the cost of using True Trading Group? A: While they offer a 7-day trial for only $3, the annual membership fee for the “TTG member” account can be expensive for some users.

Rating Index

How to login to True Trading Group?
True Trading Group Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the world of online trading platforms can be overwhelming, especially when it comes to understanding the registration, account opening, and login processes. This comprehensive guide aims to demys

  

True Trading Group Broker - Complete Information Guide

  

1. Broker Overview

  True Trading Group, LLC, founded in 2014, is a prominent online trading education platform headquartered in Coral Gables, Florida. The company operates as a private entity and focuses primarily on providing educational resources and trading tools to individual traders. True Trading Group caters to a diverse clientele, including both novice and experienced traders, aiming to enhance their trading skills and market understanding.

  Since its inception, True Trading Group has achieved several milestones, including the development of a comprehensive curriculum that covers various aspects of trading, from basic principles to advanced strategies. The platform's mission is to empower traders to make informed decisions in the fast-paced financial markets. The business model primarily revolves around retail trading education, offering services such as live trading rooms, market analysis, and trade alerts.

  As a True Trading Group broker, the platform emphasizes community interaction and real-time trading insights, which distinguishes it from traditional brokerages that may focus solely on executing trades. The company has garnered a reputation for its commitment to educating traders, making it a popular choice among those looking to improve their trading acumen.

  

2. Regulatory and Compliance Information

  True Trading Group operates without regulation, which is a significant consideration for potential clients. The company does not hold licenses from major regulatory bodies such as the SEC or FINRA, which means it is not subject to the same oversight as regulated brokers. This lack of regulation raises concerns regarding investor protection and compliance with industry standards.

  The company does not provide specific regulatory numbers, as it operates outside the framework governing financial institutions. Consequently, clients should exercise caution when engaging with the platform. True Trading Group does implement basic Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to verify the identity of its users, but the absence of a regulatory framework means that these measures may not be as robust as those employed by regulated entities.

  Additionally, True Trading Group's policy on client funds is not explicitly detailed in the available information, which adds another layer of risk for potential investors. The lack of participation in investor compensation schemes further emphasizes the need for careful consideration before engaging with this broker.

  

3. Trading Products and Services

  True Trading Group offers a diverse range of trading products, primarily focusing on forex currency pairs, CFDs, and options trading. The platform provides access to a wide variety of forex pairs, including major, minor, and exotic currencies, allowing traders to engage in various trading strategies.

  In addition to forex, True Trading Group offers trading in CFDs across different asset classes, such as indices, commodities, stocks, and cryptocurrencies. This broad spectrum of products enables traders to diversify their portfolios and explore various market opportunities.

  The platform frequently updates its product offerings, reflecting changes in market demand and trader interests. True Trading Group also provides retail trading services, including real-time trade alerts and market analysis, which are crucial for traders looking to capitalize on market movements.

  For institutional clients, True Trading Group may offer tailored services, although specific details regarding these offerings are not extensively covered in the available information. The platform does not currently advertise a white-label solution or asset management services, focusing instead on direct retail education and trading support.

  

4. Trading Platforms and Technology

  True Trading Group primarily utilizes a web-based trading platform that is accessible from various devices, including desktops and mobile devices. The platform supports MetaTrader 4 (MT4), which is widely recognized for its user-friendly interface and extensive trading features. This compatibility allows traders to take advantage of advanced charting tools, technical indicators, and automated trading options.

  In addition to MT4, True Trading Group has developed its proprietary trading tools, enhancing the trading experience for its users. The platform is designed to facilitate seamless trading, providing real-time data and analytics to help traders make informed decisions.

  Mobile applications are available for both iOS and Android, allowing traders to monitor their positions and execute trades on the go. The platform's execution model is primarily ECN (Electronic Communication Network), which ensures that traders receive competitive spreads and access to deep liquidity.

  True Trading Group also offers an API for traders interested in automated trading solutions, allowing them to connect their trading algorithms directly to the platform. This feature caters to more advanced traders looking to implement algorithmic trading strategies.

  

5. Account Types and Trading Conditions

  True Trading Group provides several account options tailored to different trading needs. The standard account requires a minimum deposit, which varies based on the specific trading conditions offered. Traders can expect competitive spreads and commissions, although the exact figures depend on the market conditions and account type chosen.

  For more advanced traders, True Trading Group may offer premium accounts that provide additional features and benefits, such as lower spreads and enhanced customer support. The platform does not currently advertise specific Islamic accounts or corporate accounts, focusing primarily on individual trader accounts.

  The platform allows for a demo account, which is an essential tool for beginners to practice trading without risking real capital. The leverage offered by True Trading Group varies by product, with higher leverage available for forex trading compared to other asset classes.

  Minimum trade sizes are flexible, catering to both small and large traders. Additionally, the platform has a clear policy regarding overnight fees, which are applied to positions held beyond the trading day.

  

6. Fund Management

  True Trading Group supports various deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirements differ based on the account type, with specific amounts outlined during the registration process.

  Deposits are generally processed quickly, allowing traders to fund their accounts and begin trading with minimal delay. However, the platform does not specify any deposit fees, which is a positive aspect for potential clients.

  Withdrawal options are also available, although specific details regarding withdrawal methods and limits are not extensively covered. The processing time for withdrawals can vary, and traders are advised to check the platform for the most current information.

  True Trading Group's fee structure for withdrawals is not well-defined, which may raise concerns for traders looking to manage their funds effectively. Overall, the platform aims to provide a seamless experience for managing funds, but potential clients should be aware of the lack of transparency regarding fees and processing times.

  

7. Customer Support and Educational Resources

  Customer support at True Trading Group is accessible through multiple channels, including phone, email, and live chat. The support team is available during regular business hours, with coverage primarily focused on the Eastern Time Zone.

  The platform offers support in English, which may limit accessibility for non-English speaking traders. However, the community aspect of True Trading Group allows members to interact and seek assistance from one another, fostering a collaborative environment.

  True Trading Group provides a wealth of educational resources, including webinars, tutorials, and e-books designed to enhance traders' knowledge and skills. Additionally, the platform offers market analysis services, providing members with daily insights and reports to aid their trading decisions.

  Traders can also access various trading tools, such as calculators and economic calendars, to assist in their trading strategies. The educational focus of True Trading Group is a key selling point, as it aims to equip traders with the necessary skills to succeed in the markets.

  

8. Regional Coverage and Restrictions

  True Trading Group primarily serves markets in the United States, but it also caters to clients in Canada, the United Kingdom, South Africa, and India. The platform's regional offices are concentrated in the United States, with no significant international presence.

  Certain countries may face restrictions when attempting to access True Trading Group's services. Specific details regarding countries that are not accepted as clients are not readily available, which may pose challenges for potential international traders.

  While True Trading Group focuses on a broad market reach, potential clients should conduct due diligence to ensure compliance with local regulations before engaging with the platform. Overall, the regional coverage of True Trading Group reflects its commitment to serving a diverse clientele while adhering to applicable laws and regulations.

  In conclusion, the True Trading Group broker offers a comprehensive platform for traders seeking to improve their skills and access a variety of trading products. However, the lack of regulation and transparency in certain areas necessitates careful consideration by potential clients.

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Latest Reviews

魔豆~

魔豆~

Australia

Their customer service is very helpful if you have any questions. BUT the minimum deposit is too high for me... If they can offer Mini accounts, maybe I’ll try to open an account to get started.

37130

2023-02-17

Kitty17527

Kitty17527

United States

Let me talk about my point of view: the homepage of this company's website is all about how good it is, but there is no actual data and more specific information. But even though there is an exposure on wikifx, it doesn't seem to be this company, it's just another broker with a similar name.

37130

2022-12-07

FX1833497796

FX1833497796

Thailand

Scam

Exposure

2021-01-11

True Trading Group Forex Broker has an overall rating of 1.52, Regulatory Index 0.00, License Index 0.00, Business Index 7.09, Software Index 4.00 Risk Control Index 0.00.
True Trading Group