In this scam test we are going to analyze a new company in the forex industry: TrioMarkets. They are based in Cyprus and are on their way to become one of the most prominent brokers on the market. However, a lot of traders are often reluctant to trade with new companies, so we decided to put this broker to the test and answer one simple question: is TrioMarkets a scam? We will go through all the most important features of their offer in order to check for any security risks or irregularities you need to be aware of. If you want an honest and thorough scam test of this company, stay with us. Is TrioMarkets a scam? Let’s find out.
Is TrioMarkets a Scam? | Security
Since you will be doing business with this broker online, good security is a high priority. Fortunately, people at TrioMarkets know that, too. First of all, your connection to the site is private because they have a valid certificate and a TLS secure connection, so no one else can gain access to your data. Encrypted protocols protect your online communication with this site, so you are 100% safe. The company is fully regulated by CySEC (Cyprus Securities and Exchange Commission), an organization that makes sure brokers can be trusted. In addition, traders’ accounts are fully separated from the company’s accounts, which means that TrioMarkets does not have any access to your funds. On top of all that, they are a part of the Investor Compensation Fund, meaning you can receive compensation should anything happen to the company. For more general information, read our TrioMarkets Review 2016. Is TrioMarkets a scam? Security seems to be just fine, but there is much more to investigate here, so read on.
Is TrioMarkets a Scam? | Money transfer
Money transfer is not a problem with TrioMarkets. Quite the opposite, all deposits and withdrawals can be executed in just a few minutes. The fastest way is by using Visa, MasterCard, Diners or American Express debit or credit cards. Another possibility is to transfer money directly from your bank account via wire transfer. Online payment methods, Skrill and Neteller, are also there for your convenience. For all of these options, minimum deposit is set to 500 EUR/USD. However, keep in mind that when you make some money and want to withdraw it, you can only receive the funds via the same method you used to make the deposit. If the withdrawn amount is higher than the amount you initially deposited, then that difference will be transferred via bank wire, and the name on the bank account has to be the same as on your TrioMarkets account. You also have to pay a 3% fee every time you make a withdrawal, but this amount is one of the lowest in the business. If you want more information about funding, read our TrioMarkets Minimum Deposit article, but after testing each of the methods ourselves, we can say that everything checks out. Is TrioMarkets a scam? Money transfer methods show that it’s not. But what about education?
Is TrioMarkets a Scam? | Education
If a broker doesn’t have an education program, this can be considered as a sign of a scam broker because it’s obvious that they don’t care about their clients very much. Fortunately, we can say that TrioMarkets value their customers quite a lot, since they have an excellent education program for you. Through their TrioAcademy Education Center, they want you to develop your trading skills and become more successful. You can start with their specially designed Forex E-Books and trading glossary, two great ways to gain general knowledge about trading forex. Next, you can use their forex training videos that will show you step by step how to develop your trading strategy. Here you can learn a lot about TrioMarkets Trading Platform, so consider dedicating some time to this part of the Center. You can also participate in one-on-one training sessions with the industry’s best trading professionals, which means that you get your own personal instructor who will design a specific program for you and guide you every step of the way. There is really a lot to learn here, but the best part is that it’s all completely free. Is TrioMarkets a scam? Even education points the other way. There is only support left to check.
Is TrioMarkets a Scam? | Support
We are happy to say that we are very satisfied with TrioMarkets’ support. You can contact these people in several different ways and we are sure they will prove be very helpful. The easiest and quickest way to get help is to go to their website and just click on the “Chat Online” icon, and you will soon have an agent to assist you. Next, you can fill out a short form, send them a message and you will get an answer to your email address. Of course, you can always send a fax or simply call them on one of their phone numbers. They have an international number plus different phone numbers for help in Italian, Arabic, French, German and Spanish. Once again, they will help you with anything; it doesn’t matter if you have questions about their trading platform or about TrioMarkets Bonus. Is TrioMarkets a scam? Support is one final sign that this company is completely trustworthy.
Is TrioMarkets a Scam? | Conclusion
Is TrioMarkets a scam? We are pretty sure you got the answer by now, but let’s see what we have seen during our tests. You can count on an excellent security standard that provides secure online communication. The company’s money transfer system works great, and you also have a lot of options to improve your trading skills in their Education Center. Finally, they have a very professional team of support agents who are always ready to help. So, is TrioMarkets a scam? Of course not. Every aspect of this company’s offer shows professionalism and dedication. So open an account with them now because you are in for a treat!