Home / / Review Brokers / TrioMarkets Broker Review

TrioMarkets Broker Review

FX Scouts By Jeffrey Cammack Updated: October 2, 2019
Average Score
3 / 5
Min. Deposit USD 300
Max. Leverage 30:1
Min. Spread 0.0 pips
Regulators CySEC
Regulator Origin CySEC
Broker Type ECN/STP

Summary

Triomarkets is a respected ECN/STP broker for the serious beginner or experienced trader. 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

Trust Rating
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Bonuses
Beginner Friendly Standard
About our review process

Trading Conditions

Minimum Deposit USD 300
Base currencies USD, EUR, GBP, AUD
Number of FX Pairs 60+
Hedging Allowed
Scalping
Swap-Free Accounts

Average Spreads

EUR / USD
GBP / USD
USD / JPY

Company Details

Company name EDR Financial Ltd
Founded 2015
Website Visit Website
Type ECN/STP
Regulators CySEC
Office locations Cyprus

Deposit & Withdrawal Methods

Supported Platforms for TrioMarkets

TrioMarkets Broker Detailed Review

triomarkets overview

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.

TrioMarkets for Beginners

Triomarkets focuses on an experienced trading audience and offers traders a light version of training material for beginners, and limited analysis material. Beginners are welcome at TrioMarkets, but STP brokers, in general, do 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 research area inside 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 subscribe to other premium news services and who are not dependent on analysis coming from the broker. A limited set of education material is less common at ECN/STP brokers.

Customer Support

TrioMarkets support is of high-grade, and the more advanced your account, the more attentive service you’ll receive. Help is available 24/6, there are also video tutorials in 15 languages, and extra training material is available on their website.

Trading Conditions

Experienced traders are attracted to TrioMarkets for favourable STP trading conditions. The account types offered by TrioMarkets give experienced traders a good variety to chose from, with different combinations of spread only, and spread and commission combinations.

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.

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.

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: Trade Responsibly: 82.16% of retail investor accounts lost money when trading CFDs with this provider

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 the marketing gimmicks.

Most retail CFD accounts lose money. Your capital is at risk.

Compare Brokers

Overall Rating 3/5 4/5 3/5
Minimum Deposit USD 300 USD 5 USD 5
Regulation
CySEC CySEC
CySEC CySEC
FCA FCA
ASIC ASIC
IFSC IFSC
CySEC CySEC
FCA FCA
FSCA FSCA
DFSA DFSA
FSC FSC
Broker Type ECN/STP Market Maker ECN/STP
Read Full Review Read Full Review
Trading Conditions 2 / 5 4 / 5 4 / 5
Trading Platforms 3 / 5 4 / 5 3 / 5
Deposit & Withdrawal 4 / 5 4 / 5 4 / 5
% Lose with this broker 74% of retail investor accounts lose money when trading CFDs with this provider 69% of retail investor accounts lose money when trading CFDs with this provider 72.83% of retail investor accounts lose money when trading CFDs with this provider
Leverage 30:1 30:1 30:1
Spread 0.0 pips 0.0 pips 0.0 pips
Hedging
Scalping
Account Types
  • Vip,Professional
  • Mini,Standard
  • Standard,Mini
Trading Platforms MetaTrader4, WebTrader, Sirix MetaTrader4, MetaTrader5, WebTrader MetaTrader4, WebTrader
Funding Methods Bank Transfer, Mastercard, Skrill, Neteller Bank Transfer, Sofort Banking, Visa, Mastercard, Maestro, Skrill, Neteller, Bitcoin, Unionpay Bank Transfer, Visa, Mastercard, Skrill, Neteller, Bitcoin, Unionpay
Clear all brokers

TrioMarkets

Visit Website

XM

Visit Website

HotForex

Visit Website
Overall Rating 2 / 5 4 / 5 4 / 5
Min. Deposit USD 300 USD 5 USD 5
Regulation
CySEC CySEC
CySEC CySEC
FCA FCA
ASIC ASIC
IFSC IFSC
CySEC CySEC
FCA FCA
FSCA FSCA
DFSA DFSA
FSC FSC
Broker Type ECN/STP Market Maker ECN/STP
Read Full Review Read Full Review Read Full Review
Trading Conditions 2 / 5 4 / 5 4 / 5
Trading Platforms 3 / 5 4 / 5 3 / 5
Deposit & Withdrawal 4 / 5 4 / 5 4 / 5
Risk Disclaimer 74% of retail investor accounts lose money when trading CFDs with this provider 69% of retail investor accounts lose money when trading CFDs with this provider 72.83% of retail investor accounts lose money when trading CFDs with this provider
Leverage 30:1 30:1 30:1
Spread 0.0 pips 0.0 pips 0.0 pips
Hedging Allowed Yes Yes Yes
Scalping Allowed Yes Yes Yes
Platforms MetaTrader4, WebTrader, Sirix MetaTrader4, MetaTrader5, WebTrader MetaTrader4, WebTrader
Funding Bank Transfer, Mastercard, Skrill, Neteller Bank Transfer, Sofort Banking, Visa, Mastercard, Maestro, Skrill, Neteller, Bitcoin, Unionpay Bank Transfer, Visa, Mastercard, Skrill, Neteller, Bitcoin, Unionpay

Share your knowledge

Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Sign Up

Most retail CFD accounts lose money. Your capital is at risk.