Trust Markets Forex Broker

Note: Trust Markets's official website - https://www.trustmarkets.com/ is currently inaccessible normally. Trust Markets Review SummaryFounded2014Registered Country/RegionSt. LuciaRegulationNo regulationMarket Instruments39+ forex, 12+ indices, 134+ stocks, 12+ commodities, 25+ cryptocurrenciesDemo Account✅EUR/USD SpreadFrom 1.0 pips (Standard account)LeverageUp to 1:1000Trading PlatformMT5Min Deposit0Customer SupportLive chat, contact formTel: +90 212 271 00 66Email: support@trustmarkets.comRestricted CountriesNorth Korea, United States, Puerto Rico, Canada, Japan, Iran, Iraq, Lebanon, TurkeyTrust Markets Information Founded in 2014, Trust Markets is an unregulated broker registered in St. Lucia, mainly offering trading in forex, commodities, shares, indices and cryptoscurrencies. It offers a demo account for practicing and requires no minimum deposit for live accounts on the advanced MT5 platform.Pros and ConsPros Cons Wide range of tradable assetsNo regulationDemo accountsWikiFX complaints about withdrawal issuesMultiple account typesRestricted in some countriesCommission-free accounts offeredMT5 platformNo minimum deposit requirementPopular payment optionsLive chat supportIs Trust Markets Legit? Regulation is a crucial aspect of evaluating the legitimacy and reliability of a brokerage firm, and in the case of Trust Markets, the broker operates without any valid regulatory oversight. The absence of a regulatory framework raises huge concerns regarding the broker's adherence to industry standards, financial transparency, and the protection of client interests.What Can I Trade on Trust Markets?Tradable Instruments Supported Forex✔Indices✔Stocks✔Commodities✔Cryptocurrencies✔Bonds❌Options❌ETFs❌Account Type/FeesAccount TypeSpreadCommissionStandardFrom 1.0 pips❌FixedFrom 1.5 pips❌RawFrom 0.0 pips$7 per lotVIPFrom 0.4 pips❌CryptoFrom 0.0 pips❌Leverage Trust Markets offersa leverage level of up to 1:1000 for all account types, which means you can control a larger position of up to 1000 times of your initial deposit. However, you should always be very prudent to use such tool since leverage not only amplify profits, but losses will be augmented at same level as well, especially for abnormal high leverage as 1:1000.Trading Platform The broker offers the industry-leading MetaTrader 5 platform, which is popular worldwide for its user-friendly interface, automated trade execution via Expert Advisor, advanced charting and analysis tools, etc.Trading PlatformSupported Available Devices Suitable forMT5✔Android, iOSExperienced tradersMT4❌/BeginnersDeposit and Withdrawal Trust Markets mainly accept payments through Visa, Master Card, Bank Wire Transfer and more.