WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

TREX GLOBAL

Mauritius|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.trexglobals.com/en/

Website

Rating Index

Contact

+230 4892661
cs@trexGlobal.com
https://www.trexglobals.com/en/
c/o Legacy Capital Co Ltd, Suite 201, Level 2, The Catalyst, 40 Silicon Avenue, Cybercity, Ebene, Mauritius

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
Mauritius
Operating period
2-5 years
Company Name
Trex Global Ltd
Abbreviation
TREX GLOBAL
Company employee
--
Customer Service Email Address
cs@trexGlobal.com
Contact number
002304892661
Company address
c/o Legacy Capital Co Ltd, Suite 201, Level 2, The Catalyst, 40 Silicon Avenue, Cybercity, Ebene, Mauritius
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Review

Users who viewed TREX GLOBAL also viewed..

STARTRADER

8.63
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
STARTRADER
STARTRADER
Score
8.63
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

ATFX

8.92
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
ATFX
ATFX
Score
8.92
  • 5-10 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

FBS

8.77
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
FBS
FBS
Score
8.77
  • 5-10 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

FXCM

9.44
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
FXCM
FXCM
Score
9.44
  • Above 20 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

Website

  • trexglobals.com

    Server Location

    United States

    Website Domain Name

    trexglobals.com

    Server IP

    99.83.188.99

Company Summary

TREX GLOBAL Review Summary in 10 Points
Founded 2013
Registered Country/Region Mauritius
Regulation Suspected NFA clone
Market Instruments Forex, Indices, Commodities
Demo Account Available
Leverage Up to 1:500
Spread From 1.0 pips for forex
Trading Platforms TREX GLOBAL App
Minimum Deposit USD 20
Customer Support Address, Phone, Email, live chat, FAQ

What is TREX GLOBAL?

TREX GLOBAL, established in 2013, operates as a brokerage firm registered in Mauritius, providing Forex, Indices, and Commodities as financial instruments to clients. However, TREX GLOBAL is currently under Suspected NFA clone status with license no. 0529711. This status raises concerns about the legitimacy and regulatory compliance of the broker.

TREX GLOBAL's homepage

In the upcoming article, we will comprehensively analyze this broker's attributes from various angles, delivering clear and well-organized information. If you find this topic intriguing, we encourage you to continue reading. At the conclusion of the article, we will provide a concise summary to offer you a quick grasp of the broker's key features.

Pros & Cons

Pros Cons
• Multiple account types • Suspicious NFA clone
• Low barrier to entry • Withdrawal fees charges in some circumstances
• Risk-free practice • No MT4/5 trading platforms
• No commissions
• Segregated funds and negative balance protection

TREX GLOBAL presents a range of enticing features, including diverse account types accommodating various trading preferences and skill levels, alongside a low barrier to entry at USD20, fostering accessibility for traders with different capital capacities. Furthermore, the provision of risk-free practice via demo accounts enables skill enhancement without financial exposure.

Furthermore, the broker implements security measures such as segregated funds and negative balance protection, aiming to enhance client security and minimize financial risks. Also, the broker offers zero commission trading, reducing overall trading costs for clients and increasing their profitability.

However, concerns arise due to the broker's suspicious NFA clone status, which undermines its regulatory credibility and raises doubts about its trustworthiness. Additionally, the imposition of withdrawal fees in certain circumstances can inconvenience clients. The absence of popular trading platforms like MT4/MT5 further limits options for traders accustomed to these industry-standard platforms.

Is TREX GLOBAL Legit or a Scam?

When considering the safety of a brokerage like TREX GLOBAL or any other platform, it's important to conduct thorough research and consider various factors.

  • Regulatory sight: The broker's possession of a suspicious clone NFA license, numbered 0529711, raises concerns about the level of regulatory oversight and protection afforded to traders. This status suggests risks and underscores the importance of thorough research before engaging with the broker's platform. Traders should proceed with caution and carefully evaluate their options.

suspicious clone NFA license
  • User feedback: To get a deeper understanding of the brokerage, it is suggested that traders explore reviews and feedback from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.

  • Security measures: TREX GLOBAL maintains an independent depository, segregating client funds from operational accounts. Openness and transparency are core values, providing clients with clear information. Negative balance protection safeguards clients from losses exceeding their deposits. Information security protocols prioritize the confidentiality and integrity of client data.

Ultimately, the choice to trade with TREX GLOBAL is a personal decision. It is important to thoroughly assess the risks and benefits before arriving at a conclusion.

Market Instruments

TREX GLOBAL offers a comprehensive range of trading products, encompassing over 49 popular investment options across various financial markets.

These include forex currency pairs, providing opportunities to trade major, minor, and exotic currency pairs. Additionally, traders can engage in indices trading, allowing them to speculate on the performance of global stock market indices.

Commodities trading is also available, with options to invest in metals such as gold, silver, as well as energy commodities like crude oil.

Market Instruments

Account Types

TREX GLOBAL offers three distinct account types: Mini, Standard, and Platinum.

The Mini Account is tailored for beginners, requiring a minimum deposit of USD 20. It provides access to essential features and serves as an ideal starting point for novice traders.

The Standard Account, requiring a minimum deposit of USD 100, offers a standard package for foreign exchange investment with some symbols' spreads lower to 30%.

The Platinum Account, with a minimum deposit of USD 5000, provides exclusive benefits such as even lower spreads on select symbols, new member gifts, and a birthday gift worth USD 30.

Additionally, TREX GLOBAL provides a demo account with 10,000 USD in virtual funds, allowing traders to practice and familiarize themselves with the platform before committing real capital.

Account comparison

How to Open an Account?

To open an account with TREX GLOBAL, you have to follow below steps:

  • Visit the TREX GLOBAL website, locate and click on the “OPEN ACCOUNT” button on the right corner of the mainpage.

click on the OPEN ACCOUNT“ button
  • Fill in the necessary personal details required.

fill in required info
  • Complete any verification process for security purposes.

  • Once your account has been approved, you can set up your investment preferences and start trading.

Leverage

TREX GLOBAL provides its clients with the opportunity to amplify their trading positions through leverage, offering ratios of up to 1:500. Leverage allows traders to control larger positions in the market with a smaller amount of capital, thereby potentially increasing both profits and losses. With leverage of 1:500, traders can control a position size 500 times greater than their initial investment.

While high leverage can enhance potential returns, it also escalates risk, as even small market movements can lead to significant gains or losses. Therefore, you should be cautious and employ risk management strategies when trading with leverage. It's crucial to understand the implications of leverage on your trading account and to only utilize leverage levels that align with your risk tolerance and trading objectives.

Spread & Commission

TREX GLOBAL offers competitive spreads across its range of account types to meet diverse needs of traders.

For the Mini Account, the minimum floating spread for Forex starts at 1.6 pips, providing accessibility for novice traders with lower trading volumes.

The Standard Account offers tighter spreads, with a minimum floating spread of 1.2 pips, appealing to traders seeking more competitive pricing and standard trading conditions.

For experienced traders or those with larger capital, the Platinum Account presents the most favorable spread, starting at just 1.0 pip.

Notably, TREX GLOBAL does not charge commissions on trades, allowing clients to trade without additional transaction costs.

Account Type Mini Account Standard Account Platinum Account
Minimum Deposit USD 20 USD 100 USD 5000
Min. Floating Spread (Forex) 1.6 pips 1.2 pips 1.0 pips
Commission None None None

Trading Platforms

TREX GLOBAL is a compelling platform for traders seeking efficiency, accessibility, and analytical depth. With a trading interface available in both English and Vietnamese, it caters to a diverse range of users, enhancing accessibility and ease of use. The platform's unique “One-click Trading” function streamlines the trading process, allowing for swift execution of orders with minimal hassle.

Moreover, TREX GLOBAL provides extensive analytical capabilities, supporting the analysis of 68 technical indicators. This robust suite of tools empowers traders to make informed decisions, leveraging comprehensive insights into market trends and patterns.

The platform is accessible not only on PC but also on Android devices, ensuring flexibility and convenience for traders on the go.

TREX GLOBAL

Trading Tools

TREX GLOBAL provides traders with a comprehensive trading calculator, an invaluable tool designed to assist in making informed trading decisions. This calculator enables traders to quickly assess various aspects of their trades, including potential profits, losses, margin requirements, and pip values. By inputting relevant trade parameters such as currency pair, trade size, leverage, and account currency, traders can obtain instant calculations tailored to their specific trading scenario.

trading calculator

Deposit & Withdrawal

TREX GLOBAL facilitates deposits through a range of methods, both online (such as OneClickPay and Help2Pay) and offline, ensuring convenience and security. Deposits are fee-free and processed instantly, allowing traders to commence trading promptly, whether via computer or mobile device.

Deposit detail

Withdrawals are equally straightforward: traders can initiate them through the customer center, specifying the desired amount. While most withdrawals are fee-free, specific scenarios incur fees:

  • Withdrawal requests under $50 attract a $3 handling fee.

  • If a trader's open position margin falls below 60% of the deposit amount, a 6% withdrawal fee may be levied.

  • Additionally, starting from the fourth withdrawal within 24 hours, a 6% handling fee applies to each transaction.

Traders enjoy flexibility in withdrawals, with a minimum single withdrawal of VND 200,000 and no maximum limit. This structure allows traders to access funds as needed while being informed of potential fees, ensuring transparency and clarity throughout the withdrawal process.

Withdrawal detail

Customer Service

TREX GLOBAL provides comprehensive customer support channels, including address details, phone contact, email support, live chat assistance, and an FAQ section. This multi-faceted approach ensures that traders have access to prompt assistance and valuable information whenever needed.

Email: cs@trexglobals.com.

Tel: +230 4892661.

Address: c/o Legacy Capital Co Ltd, Suite 201, Level 2, The Catalyst, 40 Silicon Avenue, Cybercity, Ebene, Mauritius.

Contact info

Conclusion

TREX GLOBAL, a brokerage firm operating in Mauritius, provides trading services in Forex, Indices, and Commodities. However, its current suspicious NFA clone status raises concerns for investors. Regulation typically ensures financial oversight, protecting clients from possible malpractices.

Therefore, individuals considering TREX GLOBAL should be cautious and try to explore alternative, regulated brokers prioritizing transparency, security, and client protection.

Frequently Asked Questions

Q 1: Is TREX GLOBAL regulated?
A 1: No. It has been verified that this broker currently operates wiht a suspicious fake clone NFA license numbering at 0529711.
Q 2: Does TREX GLOBAL offer a demo account?
A 2: Yes.
Q 3: Is TREX GLOBAL a good broker for beginners?
A3: No. It is not a good choice for beginners because of its suspected fake clone NFA license.
Q 4: Does TREX GLOBAL offer the industry leading MT4 & MT5?
A 4: No.
Q 5: Whats the minimum deposit does TREX GLOBAL request?
A 5: USD 20.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
Write a comment
Positive
Neutral
Exposure

Content you want to comment

Please enter...

Submit now
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com