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 gives traders access to 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 #91 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  • There is limited educational content available and I also noticed that much of the market news is outdated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 safer options.

Top 3 TrioMarkets Alternatives

These brokers are the most similar to TrioMarkets:

  1. GO Markets - GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker.
  2. FXPrimus - FXPrimus is an award-winning CySEC-regulated brokerage offering CFD trading on 200+ instruments via the MetaTrader 4, MetaTrader 5 and cTrader platforms. The choice between a competitive commission-free account and two affordable raw spread options make this an accessible broker for anyone seeking forex, stocks, indices and commodities with high leverage.
  3. FP Markets - Established in 2005 in Australia, FP Markets is an ASIC- and CySEC-regulated broker boasting an extensive suite of tradable assets. Its Standard and Raw accounts cater to traders at every level, while it packs a punch in the tooling department, from the MetaTrader suite and intuitive TradingView to actionable trading ideas from Trading Central and AutoChartist.

TrioMarkets Feature Comparison

TrioMarkets Compared With Similar Brokers
TrioMarkets GO Markets FXPrimus FP Markets
Rating 3 3.9 2.3 4
Markets Forex, CFDs, indices, commodities, cryptocurrencies CFDs, forex, indices, shares, energies, metals, cryptocurrencies CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities, Bonds CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Minimum Deposit $100 $200 $15 $40
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Demo Account Yes Yes Yes Yes
Regulators FSC ASIC, CySEC, FSC of Mauritius CYSEC, MIFID, ICF, FCA, BaFin, VFSC ASIC, CySEC, FSA, CMA
Bonus - - - -
Education No Yes No Yes
Platforms MT4 MT4, MT5 MT4, MT5, cTrader MT4, MT5, cTrader
Leverage 1:30 1:500 1:1000 1:30 (UK), 1:500 (Global)
Visit
Review TrioMarkets
Review		 GO Markets
Review		 FXPrimus
Review		 FP Markets
Review

Trading Instruments Comparison

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

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.