Trio Markets 2025 Review: Everything You Need to Know
In this comprehensive review of Trio Markets, we explore a broker that has garnered mixed sentiments within the trading community. Established in 2014 and regulated by several authorities including CySEC in Cyprus and the FSC in Mauritius, Trio Markets offers a range of trading instruments on the popular MetaTrader 4 platform. However, users have raised concerns about high trading costs and limited educational resources, making it essential for potential traders to weigh the pros and cons carefully.
Note: It's important to recognize that Trio Markets operates under different entities in various regions, which can lead to variations in trading conditions and regulations. This review aims to provide a balanced perspective based on available information.
Rating Overview
We score brokers based on user reviews, expert opinions, and factual data.
Broker Overview
Founded in 2014, Trio Markets is a Cyprus-based broker that operates under the trading name of EDR Financial Ltd. The broker primarily offers trading on the MetaTrader 4 platform, which is widely recognized for its user-friendly interface and advanced analytical tools. The range of tradable assets includes over 60 currency pairs, commodities, indices, and cryptocurrencies, catering to a diverse trading audience. Trio Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC), ensuring a level of security and transparency for its clients.
Detailed Review
Regulatory Regions
Trio Markets is regulated in multiple jurisdictions, including Cyprus and Mauritius. The CySEC regulation provides a level of investor protection, including negative balance protection and segregation of client funds. However, the broker also operates under the FSC in Mauritius, which offers different regulatory standards.
Deposit/Withdrawal Currencies and Cryptocurrencies
Trio Markets accepts deposits in several currencies, including USD and EUR. The broker also allows deposits in cryptocurrencies like Bitcoin and Ethereum, reflecting a modern approach to funding options.
Minimum Deposit
The minimum deposit required to open a basic account with Trio Markets is $100, which is relatively accessible compared to other brokers. However, to access more competitive trading conditions, traders may need to deposit significantly higher amounts, particularly for advanced or premium accounts.
Trio Markets does not currently offer any bonuses or promotional offers due to regulatory restrictions imposed by CySEC. This lack of incentives may deter some traders looking for additional value.
Tradable Asset Classes
Trio Markets offers a variety of trading instruments, including forex, commodities, indices, and cryptocurrencies. While the selection is adequate for most traders, the number of available cryptocurrencies is limited, which may not meet the demands of dedicated crypto traders.
Costs (Spreads, Fees, Commissions)
Trio Markets has been criticized for its high trading costs. The average spread on the EUR/USD pair for a basic account starts at 2.4 pips, which is considered wide compared to other brokers. Additionally, the commission structure can be burdensome for traders, particularly those on lower-tier accounts. According to ForexFraud, the broker charges a fee of 1.5% for bank wire withdrawals, which adds to the overall cost of trading.
Leverage
The maximum leverage offered by Trio Markets is up to 1:500, but this is subject to regulatory limitations depending on the trader's location. For instance, retail traders in Europe are subject to a maximum leverage of 1:30, as mandated by ESMA regulations.
Trio Markets primarily offers the MetaTrader 4 platform, which is highly regarded but lacks the versatility of newer platforms like MetaTrader 5. The availability of only one trading platform may limit traders who prefer a more diverse trading environment.
Restricted Regions
Trio Markets does not accept clients from certain countries, including the United States, Israel, Iran, and North Korea. This restriction may limit its appeal to a broader audience.
Available Customer Support Languages
Customer support at Trio Markets is available in multiple languages, including English, French, Arabic, and German. However, user reviews suggest that the responsiveness of customer support can be inconsistent, with some traders reporting delays in receiving assistance.
Final Rating Overview
Detailed Breakdown
- Account Conditions: Trio Markets offers a range of account types, but the high minimum deposits required for advanced accounts can be a barrier for many traders.
- Tools and Resources: The broker lacks comprehensive educational materials, which may disadvantage novice traders.
- Customer Service and Support: While customer support is multilingual, the quality of service can vary, leading to frustration among users.
- Trading Setup (Experience): The trading experience on MetaTrader 4 is solid, but the limited platform options and high trading costs detract from the overall experience.
- Trustworthiness: Regulation by CySEC lends credibility, but the offshore operations may raise concerns for cautious traders.
- User Experience: Users have mixed feelings, with some praising the platform's execution speed while others criticize the high fees and limited support.
In conclusion, while Trio Markets offers a regulated environment and a decent range of trading instruments, potential traders should carefully consider the high costs and limited educational resources before opening an account.
