Trust Capital TC Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!
Business
License
CYSEC Suspicious Clone 
Trust Capital TC seems to offer a wide variety of financial products and a full range of competitive services...but I see that the regulatory license has been revoked. To be on the safe side, I wouldn't invest here.
Summary: Trust Capital TC has garnered mixed reviews from users and experts alike, with notable strengths in regulatory compliance and trading tools, but weaknesses in customer support and high trading costs. The broker operates under CySEC regulation, which adds a layer of credibility, yet user experiences reveal concerns about withdrawal processes and customer service responsiveness.
Note: It is important to recognize that Trust Capital TC operates in different regions under various entities, which may affect user experiences. This review aims to provide a fair and accurate assessment based on comprehensive research.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 7 |
| Customer Service and Support | 5 |
| Trading Experience | 6 |
| Trustworthiness | 7 |
| User Experience | 6 |
| Overall | 6.0 |
How We Rate Brokers: Our ratings are based on a thorough analysis of user feedback, expert opinions, and factual data regarding the broker's offerings and performance.
Founded in 2016, Trust Capital TC is a Cyprus-based forex and CFD broker regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker provides access to the popular MetaTrader 4 (MT4) trading platform, allowing users to trade a variety of asset classes including forex, commodities, indices, and cryptocurrencies. With over 10,000 clients, Trust Capital TC aims to cater to both novice and experienced traders through a range of trading tools and resources.
Trust Capital TC is primarily regulated in the European Union under CySEC, which requires adherence to strict financial regulations and provides a level of protection for investors.
The broker supports deposits and withdrawals in multiple currencies, including USD, EUR, GBP, and several others. Additionally, Trust Capital TC allows cryptocurrency transactions, enhancing the flexibility for traders who prefer digital currencies.
The minimum deposit required to open an account with Trust Capital TC is $250. This amount is considered relatively high compared to some competitors, which may deter beginner traders.
Currently, Trust Capital TC does not offer any significant bonuses or promotions, which is a common practice among many regulated brokers to maintain compliance with regulatory standards.
Trust Capital TC provides access to a limited range of trading instruments, including:
The trading costs associated with Trust Capital TC are on the higher side, with spreads starting from 1.6 pips for standard accounts. Additionally, there are commissions on certain CFD trades, which can further increase trading costs. This has been a point of contention among users, as many find the overall trading expenses to be less competitive compared to other brokers.
Trust Capital TC offers a maximum leverage of 1:30 for retail clients, in compliance with ESMA regulations. This leverage cap is standard among regulated brokers in the EU, aimed at protecting retail investors from excessive risk.
Traders can access Trust Capital TC through the MetaTrader 4 platform, available on desktop and mobile devices. The platform is known for its user-friendly interface and extensive charting tools, making it a popular choice among traders.
While Trust Capital TC services clients in many regions, it does not accept clients from the United States, North Korea, and Iran, adhering to regulatory restrictions.
Trust Capital TC offers customer support in multiple languages, primarily English and Arabic. However, user reviews indicate that the quality of customer service can be inconsistent.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 7 |
| Customer Service and Support | 5 |
| Trading Experience | 6 |
| Trustworthiness | 7 |
| User Experience | 6 |
| Overall | 6.0 |
Trust Capital TC's account conditions are generally satisfactory, but the high minimum deposit requirement may be a barrier for new traders. Additionally, the limited variety of account types offered does not cater to a wide range of investor needs.
The broker provides a solid range of trading tools, including educational resources and market analysis, which can benefit traders looking to improve their skills.
Customer service has been a significant area of concern, with numerous user complaints regarding slow response times and inadequate support. This aspect can hinder user experience, especially for those needing immediate assistance.
The trading experience on Trust Capital TC's platform is generally positive, thanks to the MT4 interface. However, the high spreads and commissions can detract from overall profitability.
Being regulated by CySEC adds a layer of trustworthiness to Trust Capital TC. However, user reviews indicate concerns about withdrawal processes, which can affect the perception of the broker's reliability.
While many users appreciate the trading platform's features, the overall user experience can be impacted by customer service issues and high trading costs.
In conclusion, Trust Capital TC presents a mixed bag of advantages and disadvantages. While it is a regulated broker with a solid trading platform, users should be cautious of the high costs and potential customer service challenges. As always, it is advisable for traders to conduct thorough research and consider their individual trading needs before opening an account.
