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TRUST FX MARKET foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://trustsfxmarket.com/register.html, about the company's legal and temporary regulatory information, the company's address .

TRUST FX MARKET Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
TRUST FX MARKET
Abbreviation
TRUST FX MARKET
Company employee
--
Customer Service Email Address
support@trustsfxmarket.com
Contact Number
+17172928249
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: TRUST FX MARKETs official site - https://trustsfxmarket.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. TRUST FX MARKET Review Summary Founded 2-5 years Registered Country/Region United States Regulation Unregulated Market Instruments Forex, commodities and so on Demo Account Unavailable Leverage 1:100 EUR/ USD Spreads N/A Trading Platforms MT4 Minimum Deposit $100,000 Customer Support Phone, email What is TRUST FX MARKET? Founded in September 2017, TRUST FX MARKET is allegedly a broker based in the USA, claiming to provide its clients with the flexible leverage up to 1:100, a variety of tradable assets with three different account types and the worlds most popular MetaTrader4 trading platform. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance. Pros & Cons Pros Cons MT4 supported Website is unavailable Phone and email support available Not regulated No demo accounts High minimum deposit TRUST FX MARKET Alternative Brokers There are many alternative brokers to TRUST FX MARKET depending on the specific needs and preferences of the trader. Some popular options include: IG - A comprehensive trading platform with a range of trading tools and educational resources for all levels of traders. XM - A flexible trading platform with low spreads and a range of trading instruments. ForexMart – A well-established brokerage offering a wide range of trading services, including forex, CFDs, and cryptocurrencies, with a focus on excellent customer support and educational resources. Is TRUST FX MARKET Safe or Scam? TRUST FX MARKET currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. Besides, the official website of TRUST FX MARKET is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky. If you are considering investing with TRUST FX MARKET, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected. Market Instruments TRUST FX MARKET offers a diverse range of trading instruments in the financial markets. Forex: Also known as foreign exchange, it involves trading currency pairs. Traders speculate on the fluctuating exchange rates between different currencies. Commodities: TRUST FX MARKET allows trading in various commodities such as oil, natural gas, agricultural products, and metals. Commodities are physical goods that can be traded, and their prices are influenced by supply and demand dynamics. Indices: TRUST FX MARKET provides access to a variety of stock indices, such as the S&P 500, FTSE 100, or DAX. These indices represent a basket of stocks from specific sectors or markets, enabling traders to speculate on the overall performance of these markets. Stocks: TRUST FX MARKET allows trading in individual stocks of publicly listed companies. Traders can buy and sell shares in companies and potentially benefit from price movements and dividends. Bonds: Bonds are debt securities issued by governments, municipalities, or corporations. TRUST FX MARKET offers trading in bonds, allowing investors to speculate on interest rates and the creditworthiness of issuers. Energies: TRUST FX MARKET offers trading in energy products like crude oil, natural gas, and other energy futures. These instruments are influenced by factors such as geopolitical events, supply and demand dynamics, and weather conditions. Precious Metals: TRUST FX MARKET facilitates trading in precious metals like gold, silver, platinum, and palladium. These metals serve as a store of value and can be influenced by economic factors, inflation, and global events. Account Types There are three trading accounts offered by TRUST FX MARKET, namely Starter, Basic and Professional. Opening a Starter account requires the minimum initial deposit amount of $100,000, while the other two account types with the much higher minimum initial capital requirements of $300,000 and $600,000 respectively. Note that the broker also charges a refundable fee for all account types, $1,000 for the Starter account, $3,000 for the Basic account and $4,000 for the Professional account. Account Type Minimum Initial Deposit Refundable Fee Starter $100,000 $1,000 Basic $300,000 $3,000 Professional $600,000 $4,000 Leverage TRUST FX MARKET offers a maximum leverage of 1:100. Leverage is a tool that allows traders to control larger positions in the market with a smaller initial investment. For example, with a leverage of 1:100, a trader can control a position worth $100,000 with just a $1,000 margin deposit. Leverage can be attractive to traders as it amplifies potential profits. With a small investment, traders can potentially earn larger returns if the market moves in their favor. However, it's crucial to understand that leverage works both ways. While it can magnify profits, it can also amplify losses. Even small price movements against a trader's position can result in significant losses, especially when trading on high leverage. Trading Platforms TRUST FX MARKET provides its clients with the widely recognized MetaTrader 4 (MT4) trading platform. MT4 is known for its user-friendly interface, advanced charting capabilities, and a wide range of features that facilitate efficient and intuitive trading. The MT4 platform offers a comprehensive set of tools and functionalities that cater to both novice and experienced traders. It provides real-time quotes, customizable charts, and a wide range of technical indicators, enabling traders to perform in-depth analysis of the markets. Traders can also access historical data and utilize various charting tools to identify patterns and make informed trading decisions. Deposits & Withdrawals TRUST FX MARKET accepts withdrawals only via Bitcoin and Local bank transfers. The minimum withdrawal is 5% for Bitcoin. Also, the broker allows traders to withdraw once a week. Customer Service Customers can visit their office or get in touch with customer service line using the information provided below: Telephone: +1 7172928249 Email: support@trustsfxmarket.com Conclusion In conclusion, TRUST FX MARKET is a trading platform that offers a range of services to its clients. With its user-friendly interface and advanced charting tools, TRUST FX MARKET's trading platform, MT4, caters to the needs of both beginner and advanced traders. However, the lack of regulation and an inaccessible website make TRUST FX MARKET an unsafe choice for investors or traders. It is advisable to seek regulated alternatives and conduct thorough research before engaging with any broker to ensure a secure trading experience. Frequently Asked Questions (FAQs) Q 1: Is TRUST FX MARKET regulated? A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: How can I contact the customer support team at TRUST FX MARKET? A 2: You can contact via phone,+1 7172928249 and email, support@trustsfxmarket.com. Q 3: Does TRUST FX MARKET offer demo accounts? A 3: No. Q 4: Does TRUST FX MARKET offer the industry leading MT4 & MT5? A 4: Yes. It supports MT4. Q 5: What is the minimum deposit for TRUST FX MARKET? A 5: The minimum initial deposit to open an account is $1000,000. Q 6: Is TRUST FX MARKET a good broker for beginners? A 6: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website. 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 provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

PLATINUM

Minimum Deposit
$2000 – 20000

GOLD

Minimum Deposit
$1000 – 15000
How to login to TRUST FX MARKET?
Trust FX Market Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Trust FX Market Account Registering for a Trust FX Market account is the first step to accessing its trading platform. Heres a detailed guide to help yo

  

Trust FX Market Forex Broker - Comprehensive Information Guide

  

1. Overview of the Broker

  Trust FX Market, established in September 2017, is a forex brokerage that claims to operate out of the United States. The company is privately owned and primarily serves retail clients in the forex and commodities markets. Over the past few years, Trust FX Market has positioned itself as a broker offering various trading instruments, including currency pairs, commodities, and indices.

  The company has faced scrutiny over its operational practices and regulatory compliance, leading to a mixed reputation in the trading community. Trust FX Market offers three different account types, catering to a range of investment needs, although it is important to note that the minimum deposit requirements are significantly high.

  Despite its relatively short history, Trust FX Market has made claims about providing flexible leverage options and access to the popular MetaTrader 4 trading platform. However, the lack of a functioning official website raises concerns about its operational transparency and reliability.

  In summary, Trust FX Market is a broker that aims to deliver a comprehensive trading experience but is hindered by regulatory challenges and operational uncertainties.

  

2. Regulatory and Compliance Information

  Trust FX Market currently operates without any valid regulatory oversight. The broker does not appear to be licensed by any recognized financial authority, which raises significant concerns about the safety of clients' funds. The absence of regulation means that there are no governmental or financial bodies overseeing Trust FX Market's operations, leaving traders without a safety net in case of disputes or financial malpractice.

  As highlighted in various reviews, the regulatory index for Trust FX Market stands at 0.00, indicating a complete lack of oversight. The broker does not provide any information regarding KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures, which are critical for ensuring the legitimacy of financial operations.

  Furthermore, there are no investor compensation schemes in place, which typically provide a level of protection for clients in the event of a broker's insolvency. The lack of segregated accounts for client funds further compounds the risk associated with trading with Trust FX Market. Therefore, potential investors are strongly advised to conduct thorough research and consider the risks involved before engaging with this broker.

  

3. Trading Products and Services

  Trust FX Market claims to offer a diverse range of trading products across various asset classes. The primary focus is on forex trading, where clients can access a selection of currency pairs. The broker provides trading options for major pairs, as well as minor and exotic currencies, enabling traders to speculate on fluctuating exchange rates.

  In addition to forex, Trust FX Market offers Contracts for Difference (CFDs) on several asset categories, including:

  • Indices: Access to major stock indices such as the S&P 500 and FTSE 100.
  • Commodities: Trading options for physical goods like oil, gold, and agricultural products.
  • Stocks: Opportunities to trade shares of publicly listed companies.
  • Cryptocurrencies: Potential trading in popular digital currencies like Bitcoin and Ethereum.

  However, the specifics regarding the frequency of product updates and the introduction of new trading instruments are not clearly outlined. The broker's service offerings appear to cater primarily to retail traders, with no mention of institutional services or white-label solutions.

  Overall, while Trust FX Market promotes a wide range of trading products, the lack of regulatory oversight and the unavailability of a demo account may deter potential clients from exploring its offerings.

  

4. Trading Platforms and Technology

  Trust FX Market supports the MetaTrader 4 (MT4) trading platform, which is widely recognized for its user-friendly interface and robust trading capabilities. MT4 allows traders to utilize various tools for technical analysis, automated trading, and real-time market monitoring. The platform's features include:

  • Advanced Charting Tools: Traders can analyze market trends using customizable charts and a range of technical indicators.
  • Automated Trading: The ability to use Expert Advisors (EAs) for automated trading strategies.
  • Multiple Order Types: Flexibility in executing different types of orders to suit various trading strategies.

  Additionally, Trust FX Market claims to offer a proprietary web-based trading platform, although details about its features and functionalities are limited. The broker also supports mobile trading applications for iOS and Android devices, ensuring that traders can manage their accounts on the go.

  The execution model utilized by Trust FX Market is not explicitly stated, which adds to the uncertainty surrounding its operational practices. Furthermore, the broker's server location is reportedly in the United States, but specifics regarding its technical infrastructure and security measures are not disclosed.

  

5. Account Types and Trading Conditions

  Trust FX Market offers three different account types, each tailored to meet varying trader needs:

  • Starter Account: Requires a minimum deposit of $100,000. This account type is designed for clients looking for a basic trading experience.
  • Basic Account: Requires a minimum deposit of $300,000, aimed at more experienced traders seeking additional features.
  • Professional Account: Requires a minimum deposit of $600,000, offering premium services for high-capital traders.

  The broker does not provide a demo account, which is a significant drawback for new traders looking to practice before committing real funds. Leverage options are set at a maximum of 1:100, allowing traders to control larger positions with a smaller initial investment. However, this leverage also increases the risk of substantial losses.

  The trading conditions, such as spreads and commissions, are not clearly defined, making it challenging for potential clients to assess the cost of trading with Trust FX Market. Overall, the high minimum deposit requirements and lack of a demo account may limit accessibility for many traders.

  

6. Funding Management

  Trust FX Market offers a limited range of funding methods for both deposits and withdrawals. The accepted methods include:

  • Bank Transfers
  • Credit/Debit Cards
  • Cryptocurrencies: Bitcoin and other digital currencies.

  The minimum deposit requirement varies by account type, starting at $100,000 for the starter account. The processing time for deposits is not specified, which may lead to uncertainty for traders looking to fund their accounts quickly.

  Withdrawal methods are restricted, with clients able to withdraw funds only through bank transfers or cryptocurrencies. The minimum withdrawal amount is set at 5% for Bitcoin transactions, and withdrawals are limited to once a week, which may pose challenges for traders needing more flexible access to their funds.

  The absence of clear information regarding withdrawal processing times and fees adds to the potential risks associated with trading through Trust FX Market.

  

7. Customer Support and Educational Resources

  Trust FX Market provides customer support through several channels, including:

  Support services are available during trading hours, although the exact operating hours are not specified. The broker claims to offer multi-language support, primarily in English, but details on other languages are not provided.

  In terms of educational resources, Trust FX Market appears to lack comprehensive training materials. There is no mention of webinars, tutorials, or market analysis services, which are essential for traders looking to enhance their knowledge and trading skills. The absence of these resources may hinder the overall trading experience for clients, particularly for beginners.

  

8. Geographic Coverage and Restrictions

  Trust FX Market primarily targets clients in the United States, but it does not provide explicit information regarding its geographic coverage. The broker's operational status and the accessibility of its services in other regions remain unclear.

  Additionally, there is no detailed information on countries or regions from which clients are restricted. However, given the broker's unregulated status, it is advisable for potential clients to check local regulations and ensure compliance before engaging with Trust FX Market.

  In conclusion, while Trust FX Market offers a range of trading products and platforms, the lack of regulation, high minimum deposit requirements, and limited customer support options raise significant concerns. Traders are encouraged to thoroughly research and consider regulated alternatives to ensure a safer trading experience.

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Latest Reviews

FX1253350750

FX1253350750

United States

Careful about your investment! I requested my money to be transferred to an external firm. Took me almost a month for this transaction. It was back and forth, if you don’t call they will not let you know what was going on.

37130

2023-02-24

TRUST FX MARKET Forex Broker has an overall rating of 1.48, Regulatory Index 0.00, License Index 0.00, Business Index 6.78, Software Index 4.00 Risk Control Index 0.00.
TRUST FX MARKET