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Trust Traders exchange foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://trust-traders-exchange.com/register, about the company's legal and temporary regulatory information, the company's address Le Sanale complex,Ground floor,Vaea street,Saleufi,Apia Samoa..

Trust Traders exchange Forex Broker

Basic Information

Registered Region
Samoa
Operating Period
--
Company Name
Trust Traders exchange
Abbreviation
Trust Traders exchange
Company employee
--
Customer Service Email Address
support@trust-traders-exchange.com
Company address
Le Sanale complex,Ground floor,Vaea street,Saleufi,Apia Samoa.
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Information Registered Country/Area United Kingdom Founded Year 1-2 years Company Name Trust Trade Finance Regulation No valid regulatory information Minimum Deposit Varies depending on the investment plan Maximum Leverage Not specified Spreads Not specified Trading Platforms Not specified Tradable Assets Cryptocurrencies, stocks, ETFs, currencies, indices, commodities Investment Plans Basic, Standard, Advanced investment plans Services Multi-asset trading and investment platform, cryptocurrency wallet, on-chain cryptocurrency exchange Customer Support Email support@trusttradefi.com General Information Trust Trade Finance is a trading and investment platform based in the United Kingdom. It offers a wide range of investment opportunities across various financial markets, including cryptocurrencies, stocks, ETFs, currencies, indices, and commodities. The platform provides three investment plans, namely Basic, Standard, and Advanced, each with different minimum investment requirements, durations, and potential returns. Investors have the flexibility to access their profits at any time and can also choose to reinvest their capital. However, it is important to note that Trust Trade Finance operates without valid regulation, which raises concerns about its legitimacy and credibility. The lack of regulatory oversight increases the potential risks associated with investing through this platform. Additionally, the company's website provides limited information, and there are no specified details regarding leverage, spreads, trading platforms, payment methods, or educational tools. While Trust Trade Finance presents investment opportunities, caution is advised when considering involvement with an unregulated entity. Thorough research, professional advice, and careful consideration of the associated risks are recommended before engaging in any financial activities through Trust Trade Finance. Pros and Cons Trust Trade Finance offers a diverse range of investment opportunities across multiple financial markets, providing investors with the potential to diversify their portfolios and benefit from market fluctuations. The availability of three investment plans allows for flexibility in choosing the one that aligns with individual investment goals. Additionally, the option to access profits at any time and the ability to reinvest capital provide investors with some degree of control over their investments. However, it is crucial to consider the potential risks associated with Trust Trade Finance. The lack of regulatory oversight raises concerns about the legitimacy and credibility of the platform, which may deter some cautious investors. The absence of detailed information regarding leverage, spreads, trading platforms, payment methods, and educational tools also limits transparency and may affect the overall user experience. It is important to exercise caution, conduct thorough research, and seek professional advice before engaging with Trust Trade Finance or any unregulated financial entity. Pros Cons Diverse range of investment opportunities. Lack of regulation raises concerns about legitimacy and credibility. Multiple investment plans with potential returns. Limited information provided on leverage, spreads, trading platforms, payment methods, and educational tools. Access to multiple asset classes including cryptocurrencies, stocks, ETFs, currencies, indices, and commodities Potential risks associated with engaging with an unregulated entity. Is Trust Trade Finance Legit? Trust Trade Finance is a company based in the United Kingdom that operates in the field of trade finance. However, it is important to note that the provided information indicates that Trust Trade Finance is not regulated. The regulatory status of a financial institution is crucial as it ensures that the company adheres to certain standards, guidelines, and legal requirements, which helps protect the interests of clients and promotes transparency and accountability. The lack of regulation raises concerns about the legitimacy and credibility of Trust Trade Finance. The suspicious regulatory license, suspicious scope of business, and the absence of valid regulatory information indicate a high potential risk associated with this company. Investment Plans Trust Trade Finance offers three investment plans: Basic, Standard, and Advanced. Each plan has its own features and requirements. BASIC The Basic plan requires a minimum investment of $1,000. It offers a daily return of 16.5% and runs for a duration of seven days. The maximum deposit allowed in this plan is $5,000. Investors can expect a 15.5% return on investment (ROI) to access their profits at any time. The plan also allows for recurring capital investment, meaning investors can reinvest their profits. For example, if an investor puts in $1,000, they would receive a ROI of $155, resulting in a total of $1,155 after seven days. STANDARD The Standard plan starts with a $6,000 investment. It offers a daily return of 6% and has a longer duration of 30 days. Investors can deposit up to $19,000 in this plan. The ROI for this plan is 80%. Similar to the Basic plan, investors have the option to access their profits at any time and reinvest their capital. For instance, if an investor invests $6,000, they would receive a ROI of $4,800, resulting in a total of $10,800 after 30 days. ADVANCED The Advanced plan requires a minimum investment of $20,000. It offers a daily return of 6.5% and runs for 40 days. Investors can deposit up to $1,000,000 in this plan. The ROI for this plan is 160%. Investors have the same privileges as the other plans, including the ability to access profits and reinvest capital. If an investor puts in $20,000, they would receive a ROI of $32,000, resulting in a total of $52,000 after 40 days. It is important to note that these investment plans are described based on the information provided. However, given the lack of regulation and the associated risks highlighted earlier, caution should be exercised when considering any investment opportunities. Thorough research and professional advice are recommended before making any financial decisions. Pros Cons Multiple investment plans with varying durations and ROIs Lack of regulation raises concerns about legitimacy and safety Diversification options across different investment plans Limited information provided on plan details and risks Potential for attractive returns on investment Potential risks associated with engaging with an unregulated entity Service and Features Trust Trade Finance offers a range of services and features to its clients. The main features include: 1. Multi-Asset Trading and Investment Platform: Trust Trade Finance provides a platform that allows users to trade and invest in multiple assets. This includes cryptocurrencies, stocks, ETFs, currencies, indices, and commodities. The platform aims to cater to diverse investment preferences and strategies. 2. Cryptocurrency Wallet: Trust Trade Finance offers a cryptocurrency wallet for users to store their digital assets. 3. On-Chain Cryptocurrency Exchange: The platform includes an on-chain cryptocurrency exchange, allowing users to trade cryptocurrencies directly on the platform. One aspect of Trust Trade Finance is the provision of free insurance coverage purchased from Lloyd's of London. This insurance offers coverage of up to 1,000,000 GBP/USD/EUR/AUD, depending on the region. Pros Cons Multi-Asset Trading and Investment Platform Lack of regulatory oversight raises concerns about legitimacy and credibility. Cryptocurrency Wallet Limited information on certain aspects such as leverage, spreads, and payment methods. On-Chain Cryptocurrency Exchange Potential risks associated with engaging with an unregulated entity. Free Insurance Coverage from Lloyd's of London Limited transparency and information on the platform. Customer Support Trust Trade Finance provides customer support to assist its clients with their inquiries and concerns. The provided contact information includes an email address, support@trusttradefi.com, which clients can use to reach out to the company's support team. The company's website, trusttradefi.com, serves as a platform where clients can access information about the services offered and potentially find additional support resources. The location of Trust Trade Finance is mentioned as London, United Kingdom. However, it is important to note that the lack of regulatory information and the potential risks associated with the company, as mentioned earlier, should be taken into consideration when assessing the reliability and effectiveness of their customer support. Clients who require assistance or have questions regarding their investments, trading activities, account management, or any other related matters can reach out to Trust Trade Finance through the provided email address. It is recommended to clearly communicate your concerns and provide any relevant details to ensure a prompt and accurate response from their customer support team. Conclusion In conclusion, Trust Trade Finance is a trade finance company based in the United Kingdom that offers investment opportunities across various financial markets, including cryptocurrencies, stocks, ETFs, currencies, indices, and commodities. However, it is important to note that Trust Trade Finance lacks regulation, which raises concerns about its legitimacy and credibility. The absence of valid regulatory information and the associated risks pose potential dangers to investors. Additionally, while the company provides investment plans with potential returns, the high potential risk and lack of regulation should be carefully considered before engaging with Trust Trade Finance. Caution, thorough research, and seeking professional advice are strongly advised when dealing with unregulated entities in the financial industry. FAQs Q: Is Trust Trade Finance a regulated company? A: No, Trust Trade Finance is not regulated according to the available information. It operates without valid regulatory oversight. Q: What investment plans does Trust Trade Finance offer? A: Trust Trade Finance offers three investment plans: Basic, Standard, and Advanced. Each plan has different minimum investment requirements, durations, and potential returns. Q: Can I access my profits at any time with Trust Trade Finance? A: Yes, you have the flexibility to access your profits at any time with Trust Trade Finance. The investment plans allow for the withdrawal of funds and the option to reinvest capital. Q: Does Trust Trade Finance provide insurance coverage? A: Yes, Trust Trade Finance offers free insurance coverage purchased from Lloyd's of London. The coverage amount depends on the region and can go up to 1,000,000 GBP/USD/EUR/AUD. Q: What assets can I trade on Trust Trade Finance? A: Trust Trade Finance provides opportunities to trade a variety of assets, including cryptocurrencies, stocks, ETFs, currencies, indices, and commodities. Q: How can I contact customer support at Trust Trade Finance? A: You can reach Trust Trade Finance's customer support team by emailing them at support@trusttradefi.com. They are available to assist with any inquiries or concerns you may have. Q: Where is Trust Trade Finance based? A: Trust Trade Finance is based in London, United Kingdom, according to the provided information.

Trust Traders exchange broker review

Rating Index

  

Trust Traders Exchange Forex Broker - Complete Information Guide

  

1. Broker Overview

  Trust Traders Exchange is a forex and CFD trading platform that operates under the umbrella of TTM Traders Trust Ltd, founded in 2015. The company is headquartered in Samoa, with its main office located at Le Sana Le Complex, Ground Floor, Vaea Street, Saleufi, Apia, Samoa. As a privately held entity, Trust Traders Exchange serves a diverse clientele, including retail traders and institutional investors, looking for trading opportunities in various financial markets.

  Over the years, Trust Traders Exchange has positioned itself as a prominent player in the trading industry, focusing on providing competitive trading conditions and a wide array of financial products. The broker's development has been marked by the introduction of multiple account types, advanced trading platforms, and an emphasis on customer service. The business model primarily revolves around retail forex trading, offering clients access to leverage and a variety of trading instruments.

  As a broker, Trust Traders Exchange aims to facilitate a seamless trading experience, catering to both novice and experienced traders. The platform offers a range of educational resources and trading tools to help clients navigate the complexities of the financial markets. With a commitment to transparency and accessibility, Trust Traders Exchange seeks to build long-term relationships with its clients, fostering trust and reliability in their trading endeavors.

  

2. Regulation and Compliance Information

  Trust Traders Exchange operates under the regulatory oversight of the Financial Services Authority (FSA) in Seychelles. However, it is crucial to note that the broker has been flagged as a "suspicious clone" by various regulatory bodies, raising concerns about its legitimacy and compliance with industry standards.

  The main regulatory details are as follows:

  • Regulatory Authority: Financial Services Authority (FSA), Seychelles.
  • License Number: Not specifically mentioned in the available data.
  • Regulatory Scope: The FSA oversees the activities of Trust Traders Exchange, ensuring adherence to financial regulations.
  • Customer Fund Protection: While the broker claims to implement measures for the protection of client funds, the lack of a robust regulatory framework raises questions about the safety of investors' capital.
  • Investor Compensation Fund: There is no clear information regarding participation in any investor compensation scheme, which is a significant aspect of investor protection.
  • KYC and AML Compliance: Trust Traders Exchange mentions compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, although detailed procedures are not specified.

  The absence of a valid regulatory license and the designation as a "suspicious clone" by regulatory authorities highlight the potential risks associated with trading through Trust Traders Exchange.

  

3. Trading Products and Services

  Trust Traders Exchange offers a diverse range of trading products, catering to various market interests. The broker provides access to the following assets:

  •   Forex Pairs: The platform supports numerous currency pairs, allowing traders to engage in both major and minor forex trading. Specific details on the number of pairs available were not disclosed.

  •   CFD Products: Trust Traders Exchange offers Contracts for Difference (CFDs) on various asset classes, including:

  •   Indices: Traders can speculate on major global indices.

  •   Commodities: The platform provides options for trading commodities like gold and oil.

  •   Stocks: Access to stock CFDs is available, allowing traders to engage with shares from renowned companies.

  •   Cryptocurrencies: Trust Traders Exchange includes cryptocurrency trading, providing opportunities to trade popular digital currencies.

  The broker frequently updates its product offerings to align with market trends, although specific details regarding the frequency of updates or new additions were not provided. Trust Traders Exchange primarily focuses on retail trading services, aiming to create an inclusive environment for traders at all experience levels.

  

4. Trading Platforms and Technology

  Trust Traders Exchange offers its clients access to a selection of trading platforms, ensuring flexibility and convenience in executing trades. The platforms available include:

  •   MetaTrader 4 (MT4): This widely recognized platform is favored by many traders for its user-friendly interface and robust features. MT4 supports various trading strategies, including automated trading through Expert Advisors (EAs).

  •   cTrader: An alternative to MT4, cTrader is known for its modern interface and advanced order types. It offers traders additional tools and features for enhanced trading experiences.

  •   Web-Based Trading: The broker provides a web-based trading platform, allowing users to access their accounts and trade directly from any browser without the need for software installation.

  •   Mobile Applications: Trust Traders Exchange supports mobile trading applications for both iOS and Android devices, enabling traders to manage their positions on the go.

  The execution model employed by Trust Traders Exchange is primarily STP (Straight Through Processing), which ensures that client orders are routed directly to liquidity providers for execution. This model minimizes conflicts of interest and enhances the transparency of trading operations.

  

5. Account Types and Trading Conditions

  Trust Traders Exchange offers various account types to accommodate different trading preferences and investment levels. The details of the account types are as follows:

  •   Classic Account:

  •   Minimum Deposit: $50

  •   Spread: Starting from 1.5 pips

  •   Commission: No commission per trade

  •   Leverage: Up to 1:3000

  •   Minimum Trade Size: 0.01 lots

  •   Pro Account:

  •   Minimum Deposit: $500

  •   Spread: Starting from 0 pips

  •   Commission: $3 per lot traded

  •   Leverage: Up to 1:3000

  •   Minimum Trade Size: 0.01 lots

  •   VIP Account:

  •   Minimum Deposit: $5,000

  •   Spread: Starting from 0 pips

  •   Commission: $1.5 per lot traded

  •   Leverage: Up to 1:3000

  •   Minimum Trade Size: 0.01 lots

  In addition to these standard accounts, Trust Traders Exchange offers Islamic accounts for clients who require compliance with Sharia law, ensuring that no interest is charged or paid.

  The broker also provides a demo account option for traders to practice their strategies without risking real capital. Leverage ratios are competitive, allowing traders to amplify their positions, but caution is advised due to the inherent risks associated with high leverage.

  

6. Fund Management

  Trust Traders Exchange supports various deposit and withdrawal methods to facilitate seamless fund management for its clients. The details are as follows:

  •   Supported Deposit Methods:

  •   Bank Transfer: Available in multiple currencies, including USD, EUR, GBP, and JPY.

  •   Credit/Debit Cards: Visa and Mastercard are accepted for instant deposits.

  •   E-Wallets: Options include Neteller and Skrill, providing instant processing.

  •   Cryptocurrencies: Deposits can be made using Bitcoin and USDT.

  •   Minimum Deposit Requirements:

  •   Classic Account: $50

  •   Pro Account: $500

  •   VIP Account: $5,000

  •   Deposit Processing Time: Most deposit methods process instantly, while bank transfers may take 1 to 3 business days.

  •   Withdrawal Methods: Clients can withdraw funds using the same methods as deposits, including bank transfers and e-wallets.

  •   Withdrawal Processing Time: Withdrawal requests are typically processed within 24 hours, although the time taken for funds to reach clients may vary based on the method used.

  •   Withdrawal Fees: Trust Traders Exchange does not charge withdrawal fees, but clients should check with their payment providers for any potential fees.

  Trust Traders Exchange emphasizes a commitment to transparency in fund management, ensuring that clients have access to their funds with minimal restrictions.

  

7. Customer Support and Educational Resources

  Trust Traders Exchange provides robust customer support to assist clients with their inquiries and trading needs. The support options include:

  •   Support Channels:

  •   Email: Clients can reach out via support@trust-traders-exchange.com.

  •   Phone: Available at +44 203 1295899 for immediate assistance.

  •   Live Chat: A chat feature on the website allows for quick inquiries.

  •   Service Hours: Customer support operates 24/5, accommodating traders in various time zones.

  •   Multilingual Support: The support team offers assistance in multiple languages, enhancing accessibility for a diverse client base.

  •   Educational Resources: Trust Traders Exchange provides a range of educational materials, including:

  •   Webinars: Regular online sessions covering various trading topics.

  •   Tutorials: Guides on using the trading platforms and understanding market dynamics.

  •   Market Analysis: Daily updates and insights to help traders make informed decisions.

  •   Trading Tools: The platform includes various tools such as trading calculators, economic calendars, and signal services to support traders in their activities.

      

  

8. Regional Coverage and Restrictions

  Trust Traders Exchange operates globally, catering to clients from various regions. However, there are specific restrictions on the countries from which clients can register. The main details are:

  •   Primary Service Markets: Trust Traders Exchange serves clients worldwide, focusing on regions with robust trading activity.

  •   Regional Offices: The broker primarily operates from its headquarters in Samoa, with no additional regional offices mentioned.

  •   Restricted Countries: Trust Traders Exchange does not accept clients from the following regions:

  •   North America: USA, Canada

  •   South America: Cuba, Venezuela, Puerto Rico

  •   Africa: Guyana, Lao People's Democratic Republic, Uganda, Sudan

  •   Asia: Afghanistan, Syria, Iran, Iraq, North Korea, Japan, Yemen

  •   Australia and New Zealand

  These restrictions highlight the broker's compliance with regulatory requirements in various jurisdictions, ensuring that it operates within the legal frameworks applicable to its services.

  In conclusion, Trust Traders Exchange broker presents a comprehensive trading platform with a range of services and products. However, potential clients should exercise caution due to the broker's regulatory status and ensure they are fully informed before engaging in trading activities.

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Trust Traders exchange Forex Broker has an overall rating of 1.45, Regulatory Index 0.00, License Index 0.00, Business Index 6.52, Software Index 4.00 Risk Control Index 0.00.
Trust Traders exchange