Is TradersTrust safe and legit? Full review
TradersTrust is a Cyprus-based broker regulated by the Cyprus Securities and Exchange Commission (CYSEC), established in 2009 and operating under TTCM Traders Trust Capital Markets Ltd. It offers four account types — Demo, Vip, Pro and Classic — all capped at 1:30 maximum leverage and all supporting hedging, scalping and EA trading, with entry conditions ranging from $50 to $20,000. The broker runs on the MT4 platform, which is praised for its customization, multilingual support and clear expense reporting, though it lacks two-step login and biometric authentication. Customer service is available in three languages and can be reached by phone or email, with the caveat that response times may be lengthy. On the downside, the broker carries one regulatory disclosure, and its influence rating sits at a D, with an average influence index of 4.55.
Regulatory Compliance and Security
TradersTrust operates under the supervision of the Cyprus Securities and Exchange Commission, which regulates TTCM Traders Trust Capital Markets Ltd. Its regulatory status is compliant and its safety level is Level 1.
The broker has one regulatory disclosure. It is a warning published by the Financial Conduct Authority regarding a clone firm — Traders Trust Capital Markets Ltd — that copied the details of an authorized firm, including the support and marketing email addresses and website domains associated with that clone.
Account Type
All accounts support lock-up positions, scalping and EA trading.
Trading software
TradersTrust uses the MT4 trading platform and holds an MT4/5 software qualification. The software experience is rated "Perfect": the platform is highly customizable, available in multiple languages, and offers a good search function alongside clear expense reports, but it lacks two-step login and biometric authentication.
MT4/5 Server Distribution:
- TTCM-Live: Cyprus, United Kingdom
- TTCM-Live2: Singapore, Cyprus, China Hong Kong
- TTCM-Live3: Cyprus, Singapore, China Hong Kong
- TTCM-demo: United Kingdom, United States, Cyprus, Japan, Ireland
- TTCM-demo2: Singapore, Cyprus, China Hong Kong
Customer Service
Customer service supports three languages across one service region and can be contacted by telephone or email for answers to most inquiries, though response times may be lengthy.
Influence
TradersTrust holds an influence rating of D, with its influence mainly distributed in the United Kingdom and an average influence index of 4.55.