TrioMarkets Review 2024

TrioMarkets is true ECN broker established in 2014. The firm's headquarters is in Mauritius but has licensed offices in Europe and the the UAE. The brand has been recognized with global awards including the 'Most Trusted Forex Brokerage Company' from the Finance Derivative Magazine 2023.

TrioMarkets is broker that offers traders Forex, CFDs, indices, commodities, cryptocurrencies. TrioMarkets allows traders to use the MetaTrader 4 trading platform, but unfortunately not MetaTrader 5 at this point.

TrioMarkets also gives traders access to 4 cryptocurrencies: BTC, ETH, LTC and XRP.

TrioMarkets is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

TrioMarkets Summary

TrioMarkets is true ECN broker established in 2014. The firm's headquarters is in Mauritius but has licensed offices in Europe and the the UAE. The brand has been recognized with global awards including the 'Most Trusted Forex Brokerage Company' from the Finance Derivative Magazine 2023.

TrioMarkets is #97 in our rankings of CFD brokers.

Ratings

30%
Trust
66%
Instruments
85%
Features
Pros
  • I feel reassured that clients can access the trusted MetaTrader 4 platform, which is accessible via desktop, web and mobile applications
  • It's good to see that the broker offers a VPS, social trading, PAMM/MAM accounts and FXI API trading tools designed to enhance the overall experience
  • I like that there's a choice of four account types with access to all instruments and competitive pricing
  • I'm a fan of the true ECN execution model with no rejections or dealing desk intervention
Cons
  • I'm disappointed by the small product line-up of only 130+ instruments - much less than most brokers I review
  • It's a shame that the broker only offers the MetaTrader 4 trading terminal, with no bespoke software or alternative options
  • I'm a little hesitant that the global entity is regulated offshore by the Financial Services Commission (Mauritius)
  • I'm not thrilled that withdrawal fees apply for some payment methods
  • There is limited educational content available and I also noticed that much of the market news is outdated
BonusNone
InstrumentsForex, CFDs, indices, commodities, cryptocurrencies
Demo Account ✓ Yes
Min. Deposit $100
Min. Trade0.01 Lots
Regulated ByFSC
MetaTrader 4✓
MetaTrader 5✗
cTrader✗
DMA Account✗
ECN Account✗
Mobile Apps ✓
Auto Trading ✓
Trade Signals ✓
Social Trading✓
Copy Trading✓
Islamic Account ✓
Commodities
  • Gold
  • Natural Gas

CFD Trading

TrioMarkets offers a poor total selection of 130+ CFDs on the MT4 terminal. The Basic Account offers commission-free trading with average spreads of 2.4 pips, which is not very competitive compared to alternatives.

Leverage1:30
FTSE Spread0.8
GBPUSD SpreadFrom 0.00002
Oil Spread0.03
Stocks SpreadN/A

Forex Trading

My tests found a decent range of 60+ major, minor and exotic currency pairs including EUR/USD and USD/JPY on the MT4 terminal. You can benefit from no dealing desk intervention and leverage up to 1:500.

GBPUSD SpreadFrom 0.00002
EURUSD SpreadFrom 0.0
EURGBP SpreadFrom 0.00002
Assets63

Cryptocurrency Trading

There are only 4 popular crypto CFDs available; BTC, ETH, LTC and XRP with 1:2 leverage. This is definitely one of the smallest ranges of cryptos I have seen so I think dedicated crypto traders may want to consider other options.

SpreadVariable
CoinsBTC, ETH, LTC, XRP

Payment Methods

TrioMarkets accepts the following payment methods:

Risk Warning – Your capital is at risk

FAQ

Is TrioMarkets Safe?

In our review we gave TrioMarkets a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that TrioMarkets is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does TrioMarkets Accept PayPal?

No, TrioMarkets does not accept PayPal payments. See our list of brokers that accept PayPal for alternatives.

Is TrioMarkets Halal?

Yes, TrioMarkets does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does TrioMarkets support?

TrioMarkets only supports the MetaTrader 4 trading platform at this time.

Is TrioMarkets Regulated in the UK?

No, TrioMarkets is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for safer options

Is TrioMarkets Regulated?

Yes, TrioMarkets is regulated by FSC.

The fact that TrioMarkets is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.

Compare TrioMarkets with Other Brokers

These brokers are the most similar to TrioMarkets:

  1. Admiral Markets - Admirals is an FCA- and ASIC-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.
  2. FP Markets - FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist.
  3. Swissquote - Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users.

TrioMarkets Feature Comparison

TrioMarkets Compared With Similar Brokers
TrioMarkets Admiral Markets FP Markets Swissquote
Rating 3 3.5 4 4
Markets Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities
Minimum Deposit $100 $100 $100 $1000
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Demo Account Yes Yes Yes Yes
Regulators FSC FCA, CySEC, ASIC, JSC ASIC, CySEC, ESMA FCA, FINMA, DFSA, SFC
Bonus - - - -
Education No Yes Yes No
Platforms MT4 MT4, MT5 MT4, MT5, cTrader MT4, MT5
Leverage 1:30 1:30 (EU), 1:500 (Global) 1:30 (UK), 1:500 (Global) 1:30
Visit
Review TrioMarkets
Review		 Admiral Markets
Review		 FP Markets
Review		 Swissquote
Review

Trading Instruments Comparison

Comparison of TrioMarkets Trading Instruments
TrioMarkets Admiral Markets FP Markets Swissquote
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Crypto Yes Yes Yes No
Commodities Yes Yes Yes Yes
Oil No No Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes Yes No
Silver No Yes Yes Yes
Corn No No Yes No
Futures No No Yes Yes
Options No No No Yes
ETFs No Yes Yes Yes
Bonds No Yes Yes Yes
Warrants No No No No
Spreadbetting No Yes No No
Volatility Index No Yes Yes No

TrioMarkets vs Other Brokers

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TrioMarkets is true ECN broker established in 2014. The firm's headquarters is in Mauritius but has licensed offices in Europe and the the UAE. The brand has been recognized with global awards including the 'Most Trusted Forex Brokerage Company' from the Finance Derivative Magazine 2023.