Traderstrust Review

MIN. DEPOSIT $100
Up to 500:1
No BONUS
0 Users (0 votes)
Odds0
Services0
Support0

Overview

Company Information Traders Trust is a brokerage brand represented by TTCM Traders Trust Capital Markets Ltd. The company was founded in 2009, and its headquarters are based in Cyprus. As… more

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Details

BrokerTraderstrust
Website URLhttp://traders-trust.com/
Founded2009
HeadquartersLimassol, Cyprus
Support Number(00357) 25 20 7000
Support Emailsupport@traders-trust.com
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, Italian, Japanese, Polish, German, Russian, French, Greek, Indonesian, Malay, Hungarian, Arabic, Chinese, Portuguese, Spanish, Turkish
Minimum 1st Deposit$100
Minimum Trade Amount0.01 lots
Maximum Trade Amount50 lots
BonusNo
PayoutUp to 500:1
Free Demo AccountYes
Regulated Yes
RegulationCyprus Securities and Exchange Commission (‘CySEC’)
Account TypesSTP, MAM
Deposit MethodsVisa, Mastercard, Diners Club, Wire Transfer, Neteller, Skrill, WebMoney, Fasapay, Sofort, Bitcoin, OKPay, China UnionPay
Withdrawal MethodsVisa, Mastercard, Diners Club, Wire Transfer, Neteller, Skrill, WebMoney, Fasapay, OKPay, China UnionPay
Types of AssetsForex, Metals, Indices, Commodities
Account CurrencyUSD, EUR, GBP
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

Traders Trust is a brokerage brand represented by TTCM Traders Trust Capital Markets Ltd. The company was founded in 2009, and its headquarters are based in Cyprus. As all other brokers stationed in this location, Traders Trust is regulated and certified by the CySEC under a registration number of 107/09. Also, the firm is authorized to offer its services to Europe by the following institutions: in the UK – FCA, Germany – BaFin, France – Banque de France, Spain – CNMV and so on. The online brokerage provider offers one of the traditional business models in the industry known as STP (Straight Through Processing). According to the company, this approach is entirely fair and avoid any conflict of interests with the clients. Orders are processed straight to the market without any intervention from the dealing desk. Traders Trust also supports a vast database of educational materials, such as “Beginners Course” to introduce their new clients to the basic, MT4 tutorial, regular webinars, and seminars, as well as various trading strategies. The online broker also provides numerous partnership opportunities for IB, asset managers, affiliates and more.

 

Trading Information

Traders Trust offers a good variety of financial instruments to its clients. Traders can take advantage of 40 Forex currencies including major and exotic pairs. There are also seven different CFD indices, metals (Gold and Silver) and commodities, such as Oil and Gas. The online broker provides excellent trading conditions on its Forex instruments with spreads starting from 1.2 pips (EUR/USD). Leverage is also quite flexible as the traders can choose from 1:1 to 1:500 depending on their risk management preferences. The STP model that we mentioned above offers ultimate benefits when it comes to speed of orders execution. Without any dealing desk interventions or third party involvement, each order is passed freely to the market almost instantly. There is a minimum trading size employed for most of the financial instruments, which is equal to 0.01 lots. Two types of trading accounts are allowed with Traders Trust. Except for the Standard profile labeled as STP Account, the company offers MAM Account, which is perfectly designed to satisfy the needs of asset managers and expert traders, who operate an extensive database of their client’s accounts. Trading strategies, such as hedging, scalping and EAs (Expert Advisors) are allowed.

 

Trading Platforms

As a primary trading platform, the online broker uses the popular MetaTrader 4. It’s a powerful and intuitive software preferred by millions of traders around the world. The platform is equipped with numerous advanced features, such as its programming language capable of designing unusual strategies, automation, and many other helpful applications. MT4 supports more than 20 languages, as well as various excellent features that will ease the trading process. Mobile trading is also supported via the modified versions of MT4. The trading platform is available for Android, iPhone, and iPad. Demo accounts can be registered through the software and ensure that the traders can test out things before any real money trading.

 

There is one alternative trading platform dedicated to the so-called social trading or copy trading. Traders who choose this option will be able to duplicate the positions of successful traders from the community and increase their profit.

 

Security and Customer Services

Traders Trust has a fully certified SSL encryption employed on its login pages. The certification is issued and maintained by COMODO CA Ltd. The excellent protective measure ensures that all the data is guarded on its way to the broker with 1024-bit RSA encryption.

 

One of the most important points in the broker’s list is surely its customer support. The team of representatives is ready to assist any client 24/5. Also, Traders Trust assigns experienced Account Managers to aid you further and answer your personal requests. The customer support service can be contacted quickly enough. The available communication channels are phone numbers, fax, emails of the different departments, web contact form, and Skype. Traders Trust is also presented on the major social media channels, such as Twitter, Facebook, YouTube and LinkedIn.

 

Deposits and Withdraws

All money transfers are handled through Traders Trust’s internal system, where the clients need to register before any account funding. When it comes to deposits, the online broker is quite flexible and offers a broad range of possible methods to its customers. Deposits can be made through cards, bank wire transfer or various e-wallet services. Most of the payment options do not involve any commissions, but the traders should be aware that some of them do. Credit/debit cards charge up to 3.35% on every transaction, Skrill – 2%, Neteller – 4.50%, FasaPay and OkPay – 0.5%. Luckily, all the methods are instant, except for bank wire transfers.

 

Withdrawals are handled via the same services with slightly higher fees. Refer to the broker’s website for additional information. The processing time goes up to 6 hours, but take note that some of the payment options may require up to 5 business days to clear the funds and make them available.

 

Deposit Bonus and Loyalty Programs

Unfortunately for those who enjoy lucrative bonuses, promotions, and loyalty programs, Traders Trust do not offer any of them at this time. The company is dedicated to providing top trading conditions to its clients and avoid any misleading bonus schemes. With the goal of full transparency, the online broker is determined to stay away from this kind of marketing techniques.

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