https://www.trustmarkets.com/
Website
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
trustmarketspro.com
Server Location
United States
Website Domain Name
trustmarketspro.com
Server IP
104.21.87.236
trustmarkets.com
Server Location
United States
Website Domain Name
trustmarkets.com
Server IP
172.67.165.150
Note: Trust Markets's official website - https://www.trustmarkets.com/ is currently inaccessible normally.
Trust Markets Review Summary | |
Founded | 2014 |
Registered Country/Region | St. Lucia |
Regulation | No regulation |
Market Instruments | 39+ forex, 12+ indices, 134+ stocks, 12+ commodities, 25+ cryptocurrencies |
Demo Account | ✅ |
EUR/USD Spread | From 1.0 pips (Standard account) |
Leverage | Up to 1:1000 |
Trading Platform | MT5 |
Min Deposit | 0 |
Customer Support | Live chat, contact form |
Tel: +90 212 271 00 66 | |
Email: support@trustmarkets.com | |
Restricted Countries | North Korea, United States, Puerto Rico, Canada, Japan, Iran, Iraq, Lebanon, Turkey |
Founded in 2014, Trust Markets is an unregulated broker registered in St. Lucia, mainly offering trading in forex, commodities, shares, indices and cryptoscurrencies. It offers a demo account for practicing and requires no minimum deposit for live accounts on the advanced MT5 platform.
Pros | Cons |
Wide range of tradable assets | No regulation |
Demo accounts | WikiFX complaints about withdrawal issues |
Multiple account types | Restricted in some countries |
Commission-free accounts offered | |
MT5 platform | |
No minimum deposit requirement | |
Popular payment options | |
Live chat support |
Regulation is a crucial aspect of evaluating the legitimacy and reliability of a brokerage firm, and in the case of Trust Markets, the broker operates without any valid regulatory oversight. The absence of a regulatory framework raises huge concerns regarding the broker's adherence to industry standards, financial transparency, and the protection of client interests.
Tradable Instruments | Supported |
Forex | ✔ |
Indices | ✔ |
Stocks | ✔ |
Commodities | ✔ |
Cryptocurrencies | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Account Type | Spread | Commission |
Standard | From 1.0 pips | ❌ |
Fixed | From 1.5 pips | ❌ |
Raw | From 0.0 pips | $7 per lot |
VIP | From 0.4 pips | ❌ |
Crypto | From 0.0 pips | ❌ |
Trust Markets offersa leverage level of up to 1:1000 for all account types, which means you can control a larger position of up to 1000 times of your initial deposit.
However, you should always be very prudent to use such tool since leverage not only amplify profits, but losses will be augmented at same level as well, especially for abnormal high leverage as 1:1000.
The broker offers the industry-leading MetaTrader 5 platform, which is popular worldwide for its user-friendly interface, automated trade execution via Expert Advisor, advanced charting and analysis tools, etc.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Android, iOS | Experienced traders |
MT4 | ❌ | / | Beginners |
Trust Markets mainly accept payments through Visa, Master Card, Bank Wire Transfer and more.
Please enter...
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
FX4059475470
Vietnam
My account has over $11,000, I tried to withdraw $3,000 but failed. I contacted the advisors Tuấn Anh and Giang Phạm but couldn't reach them, so I messaged the support department on the website. Then, employee Nguyễn Thế Duy called me and asked me to buy 4 new stocks so that I could withdraw money. At first, I didn't agree because I was afraid my account wouldn't have enough funds. It said that buying a small quantity wouldn't have any impact. Due to the desire to recover the money, I tried with the first stock and found that it didn't affect my account. After that, I continued to buy the recommended stocks one by one, and my account lost everything. Trust Market deliberately deceived me by increasing my margin too high, leaving my account with nothing to avoid paying me.
Exposure
10-27
FX4059475470
Vietnam
My account has over $11,000. I placed a withdrawal order for $3,000 but it was not processed. I tried contacting the advisor but couldn't reach them, so I sent a message to the support department on the website. After that, a staff member named Nguyễn Thế Duy called me and said they would help me with the withdrawal. They asked me to buy new stocks to verify my account and allow the withdrawal. At first, I was skeptical, but because I couldn't withdraw for over a month, I still followed their instructions. As soon as I opened the order to buy some stocks, they said my account was empty.
Exposure
10-25
Lieu Nguyen
United States
I have made deposits and traded normally, but since I withdrew all the money last time, they have not resolved and supported my withdrawal. The $9,470 I withdrew from 3-10-2024 until now, which is 10 days, I have not received any support. I kindly request Wiki to review and support me in recovering my money that the exchange has taken.
Exposure
10-13
Lieu Nguyen
Vietnam
I am Nguyễn Thị Liễu using id 9016979 at TrustMarkets exchange. Currently, I have deposited $10,000 into the exchange and there is still $9,470.34 in my trading account. I no longer want to trade and have requested a withdrawal since 03/10/2024. However, until today, 08/10/2024, the exchange has not approved it.
Exposure
10-08
nguyễn bích ngọc
Vietnam
Unable to withdraw money despite having a positive balance
Exposure
09-18
FX1145738633
Vietnam
I joined the exchange on 18/6 with a capital of 1k. When I joined, there was a promise of automatic deposit and withdrawal with a dedicated expert support team. However, after I started real trading, the dedicated expert support team was often unreachable. Either the signals were more losing than winning, so I lost trust in the support. I decided to withdraw my capital, but even after placing multiple withdrawal orders, I haven't been able to withdraw for a week. When I reported this to customer service, someone said they would transfer to the relevant department, the technical department, or the expert team, and after a while, someone called back and said they would support me on the condition of buying 2 lots of sugar. But I was hesitant and didn't proceed; luckily, at that time, I couldn't make the transaction. Otherwise, I would have lost even more capital. And now my account is still suspended, and I can't withdraw. Is there anyone who can help me? My MT5 ID is 9016303.
Exposure
08-01
FX2306528549
Vietnam
This exchange cannot withdraw money, please consider it
Exposure
06-28
công lý
Vietnam
Fraudulent platform appropriating assets
Exposure
06-25
Hùng9444
Vietnam
Please help me get my capital back! I once deposited more than $10,000 into the exchange! I placed a withdrawal order of $15,000 from March 5th, please help me get my money back.
Exposure
03-12
Hùng9444
Vietnam
I have been participating in trustmarkets.com for 5 months, and my account is profitable. I placed a withdrawal order more than 20 days ago. I called the hotline 1900234580 and said it had been notified to the relevant party! Error orders or problems are not reported! Hope everyone can help, thanks.
Exposure
02-25
công lý
Vietnam
After depositing on the homepage, a person claiming to be an expert will read the order. NDT only allows trading under the command of the self claiming trader and puts all funds into the trap of locking in losses. After losing a certain distance, rebalance the new purchase order and repeat it until the negative account begins to load more This is a larger number, and the initial capital inflow must be equal to 100% of the loss amount, which will repeat until he commits suicide due to borrowing.
Exposure
2023-10-05
阿强
Hong Kong
A friend introduced this new broker to me. It seems to meet my needs in all aspects, high leverage, no overnight interest, no minimum deposit requirement, and small spreads. Although I don't have a demo account, I can open a small account first to try out the trading environment.
Neutral
2022-12-13