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Regarding the legitimacy of TradersTrust forex brokers, it provides a comprehensive investigation into the security aspects of regulatory CYSEC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Risk Control

Global public opinion

Regulation

Regulated in Cyprus

Is TradersTrust safe?

The regulatory license is the strongest proof.

STP

CYSEC Straight Through Processing(STP) 18

Cyprus Securities and Exchange Commission

Cyprus Securities and Exchange Commission

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Straight Through Processing(STP)
  • Licensed Institution:

    TTCM Traders Trust Capital Markets Ltd TTCM Traders Trust Capital Markets Ltd
  • Effective Date:

    2009-12-18
  • Email Address of Licensed Institution:

    compliance@ttcm.eu
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    www.traders-trust.eu
  • Expiration Time:

    --
  • Address of Licensed Institution:

    3 Thalias Str., 3rd Floor, Offices 310-318, 3011 Limassol, Cyprus
  • Phone Number of Licensed Institution:

    +357 25 207 000
  • Licensed Institution Certified Documents:

11 name

Is TradersTrust a scam, or is it legit?

The latest exposure and evaluation content of TradersTrust brokers.

The spread adjustment is outrageous
I made a successful withdrawal after making a profit. But the platform just changed the spread, which is outrageous. It is 10 times to 30 times higher than at the beginning. At the beginning, the spread was only 30. After the profit was made, it became 300+, even 1,000. I consulted customer service, who said that the spread is determined by market fluctuations and cannot be modified in any way. They actually use this method to limit traders' profits. If you don’t have money to allow users to withdraw money, don’t build a platform. Is it reasonable that I lost money? When customers make profits, the platform will play tricks and higher spreads. This platform is untrustworthy.
Liquidated position
I put my SL at 0.69160 and they liquidated it at 0.69156. I made a claim and they said that it was correct when in the same operation other colleagues with other brokers and the same SL that was not closed.
TradersTrust's latest industry rating score is 7.20, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. TradersTrust If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.