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TrioMarkets Review

Author By Jeffrey Cammack Author Information Updated: October 29, 2020
Overall Rating
3.48 3.48 / 5
Rated #44 of 49 Recommended Brokers
Min. Deposit
GBP 500
Max. Leverage
30:1
Min. Spread
0.0 pips
Regulators
Regulator Origin
Trading Desk Type
AlertMost retail CFD accounts lose money. Your capital is at risk.

Summary

Triomarkets is a respected ECN/STP broker for experienced traders or serious beginners. Offering tight spreads for larger depositors, and both raw and commission-free account types, TrioMarkets continues to maintain a devoted portfolio of clients.

Supporting MT4, with fast and reliable trade execution, plus two different types of algorithmic trading, this CySEC-regulated broker should be considered by those clients who don’t mind the higher minimum deposit.

Reviews

Regulation
1110.503.5/ 5
Trading Conditions
1110.503.5/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
111003/ 5
Education & Research
111003/ 5
Assets Available
111104/ 5
Customer Service
111003/ 5
Beginner Friendly
Standard
Bonuses
None

Trading Conditions

Min. Deposit
GBP 500
Base Currencies
USD, EUR, GBP, CHF
Fx Pairs
63
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap Free Accounts
Yes

Average Spreads

Euro/USD
0.0
GBP/USD
0.2
USD/JPY
1.0

Company Details

Company Name
EDR Financial Ltd
Founded
2015
Type
Regulators
Office Locations
Mauritius

TrioMarkets

Is TrioMarkets Safe?

Triomarkets, a brand of EDR Financial Ltd, has been regulated by CySEC (license # 268/15) since 2015. CySEC is a major regulator and is credited with active regulation of the markets, and proactively making changes to protect clients. TrioMarkets stays out of the limelight in the Forex trading industry and does not engage in marketing activities like award shows, and has thus not won any awards. That said, their reputation among professional traders is a good one, and from our industry contacts and experience, we believe TrioMarkets to be a safe broker.

Trading Conditions

Experienced traders are attracted to TrioMarkets for favourable STP trading conditions. The account types offered by TrioMarkets are varied in their pricing and give experienced traders a good range to chose from.

Account Types

TrioMarkets offers 60+ currency pairs to trade on three live account types – Standard, Advanced, Premium. All accounts come with a swap-free Islamic option. The initial minimum for a TrioMarkest account of $500 is higher than most brokers, and all accounts offer 1:1 coaching to get traders started. The combination of a broker with a good reputation, coaching, and tight spreads means a smooth start with TrioMarkets.

Display Name
Min Deposit
Max Leverage
Min Spread
Commission
Brokers
Advanced Mark-Up
USD 10000
30:1
1.1
None
Account Details
Advanced RAW
USD 10000
30:1
0.0
$5.50
Account Details
Basic
USD 500
30:1
2.4
None
Account Details
Institutional
0
30:1
Not Published
Not Published
Account Details
Premium Mark-up
USD 50000
30:1
0.8
None
Account Details
Premium RAW
USD 50000
30:1
0.0
$4.00
Account Details
Standard
USD 5000
30:1
1.4
None
Account Details

Demo account

TrioMarkets has a demo training account funded with $10,000 to sharpen your trading and test your strategies before committing your money. TrioMarkest will keep the demo account open indefinitely once you start trading the live markets.

Basic account

The entry-level commission-free account offers traders a spread as low as 2.4 pips with a leverage of up to 1:300 in exchange for $500 minimum deposit.

Standard account

The standard account is suitable for beginner traders with larger initial deposits in exchange for tighter spreads. With a minimum spread of 1.4 pips and leverage up to 1:300, this level of account offers 1-to-1 coaching in addition to the ebook and video training material. The minimum deposit on this account is $5000 which is high considering the minimum spreads.

Trio accounts

Advanced account

A leverage of 1:100 and a raw spread of 0.0 pips make this a compelling choice for those moving from another broker where fees were high. In addition to the Standard account training, TrioMarkets will give you a daily market briefing along with free trading signals.

Premium account

The premium account is for traders trading high frequency and high volumes, and need priority access to customer service and fast withdrawal of funds. There is a markup subaccount as well as a Raw Account, where the Markup Account charges only the spread, while the raw accounts charges traders a combination of tighters spreads and commission-free based on the volume traded.

Asset Management Program

Triomarkets offers traders an algorithmic trading platform called the Asset Management Program which provides clients with two different algorithmic strategies.

Trio Algo

With higher risk of tolerant traders, Trio Algo has expected 7-8% monthly performance with risk at 50% and a high watermark performance fee.

TrioMatrix

TrioMatrix is the flexible risk option, which comes with lower expected performance targets. Expect a 2-3% monthly performance target, with flexible risk from 20 to 50% with a high watermark performance fee.

Spreads and Commissions

The Standard Account types use offer spreads from 1.4 Pips with 1:300 leverage on FX products, while the Premium Account has a Markup and Raw subaccounts that offer spread only charges or a combination of spreads and commission respectively. The Advanced accounts setup is the same as the Premium Account with wider spreads and commissions on the trade.

Deposits and Withdrawals Fees

The speed of withdrawal depends on which account type you have signed with, but the standard accounts have a 24-hour payout period, while the premium account has a 6 hour waiting time.

Triomarkets will charge a fee of 1.5% per withdrawal with a minimum charge of $25 and a maximum of $50. Clients can make deposits and withdrawals with major credit cards, major e-wallets like Paypal, Netteller, Skrill, and Webmoney as well as creating an EFT from your Bank Account to the TrioMarkets Barclays bank account in London.

TrioMarkets for Beginners

Triomarkets focuses on an experienced trading audience and offers little training material or analysis for beginner traders. Beginners are welcome at TrioMarkets, but like many STP brokers, it does not focus on providing additional client services and instead focus on reducing the costs of trading for their client base.

Educational Material

Triomarkets supports beginner clients with a 3rd party set of ebooks and video tutorials, along with corresponding sections on the fundamentals of trading and using the MT4 trading platform. This set of education articles will be helpful to new Forex traders, but not as beneficial as other brokers that do better with onboarding beginner clients.

Triomarkets education

Analysis Material

Analysis Material is fed directly into the MT4 platform, but there is no additional market analysis section at TrioMarkets as with some other ECN/STP brokers. This minimal approach is very typical for pure STP brokers who focus on bringing down the costs of trading for experienced traders – who often subscribe to other premium news services and who are not dependent on analysis coming from the broker. Limited educational material is less common at ECN/STP brokers.

Customer Support

TrioMarkets customer service is excellent; and the more advanced your account, the more attentive service you will receive. Customer support is available 24/6 and there are video tutorials in 15 languages.

Trading Platforms

TrioMarkets offers the MetaTrader 4 platform, and the corresponding Web Trader software that loads in a browser. MT4 is the industry standard for CFD trading, and while not the easier software for beginners, it means a seamless transition from one broker to another should trading conditions change.

Mobile Trading Apps

The MT4 mobile trading platform has IOS and Android apps. These are intuitive apps with a simple interface for secure trading and integration with a single TrioMarkets account.

Evaluation Method

We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the TrioMarkets offering. Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker.

TrioMarkets Risk Statement

Trading Forex is risky, and each broker is required to detail how risky the trading of Forex CFDs is to clients. TrioMarkets would like you to know that:  CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. N/A of retail investor accounts lose money when trading CFDs with this provider of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall

TrioMarkets is the experienced trader’s Forex broker. There are hints of additional client features that would attract the beginner trader, but the focus at TrioMarkets is to run a steady MT4-only broker that seeks to retain serious traders by offering a distinguished trading service without any marketing gimmicks.

AlertMost retail CFD accounts lose money. Your capital is at risk.
Overall Rating
Min. Deposit
Regulation
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Pros
Cons
Regulation
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Leverage
Spread
Hedging
Scalping
Account Types
Islamic Account
Trading Platforms
Funding Methods
Trading Commission
1110.503.48/ 5
GBP 500
ECN/DMA
Commodities, Forex, Equities
63
4
  • Tight spreads
  • High minimum deposit
  • Limited education
  • Limited market analysis
  • Expensive withdrawals
1110.503.5/ 5
1110.503.5/ 5
111104/ 5
111003/ 5
111003/ 5
111104/ 5
111003/ 5
N/A of retail investor accounts lose money when trading CFDs with this provider
30:1
0.0 pips
Yes
Yes
Advanced Mark-Up, Advanced RAW, Basic, Institutional
Yes
MT4, Sirix
Bank Transfer, Mastercard, Skrill, Neteller
Fees Included in Spread
1110.503.32/ 5
GBP 150
ECN/DMA
Commodities, Forex, Equities
110
2
  • Wide range of assets
  • Copy trading accounts
  • Limited market analysis
  • Limited education
  • Wide spreads
1110.503.5/ 5
110002/ 5
111104/ 5
111104/ 5
111003/ 5
1110.503.5/ 5
111104/ 5
62.8% of retail investor accounts lose money when trading CFDs with this provider
30:1
0.0 pips
Yes
Yes
Cent.Eurica, Cent.Standard, Insta.Eurica, Insta.Standard
Yes
MT4
Bank Transfer, Mastercard, Bitcoin, Broker to Broker
Fees Included in Spread
1110.503.77/ 5
GBP 1
STP, ECN/DMA
Commodities, Cryptocurrencies, Forex, Equities
37
0
  • Tight spreads
  • Low minimum deposit
  • Excellent education
  • Excellent market analysis
  • Limited range of assets
  • Extreme leverage
1110.503.5/ 5
111104/ 5
11110.54.5/ 5
110002/ 5
11110.54.5/ 5
111104/ 5
1110.503.5/ 5
71% of retail investor accounts lose money when trading CFDs with this provider
30:1
0.0 pips
Yes
Yes
Cent, ECN, Micro, Standard
Yes
MT4, MT5
Neteller, Mastercard, PerfectMoney, Bitcoin
6 USD / lot - ECN Account
Visit Broker
AlertMost retail CFD accounts lose money. Your capital is at risk.

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