General Information
Registered in United Kingdom, Trust Financial Planning is an online forex broker allegedly offering diversified range of trading instruments, such as Forex, Commodity, Metals, Stocks, Indices. With the Trust Financial Planning platform, investors have the flexibility to choose from four trading accounts, use leverage up to 1:500.
Is Trust Financial Planning safe to trade with？
Trust Financial Planning has let us down when it comes to enforcing rules and regulations. This broker has been confirmed to be outside of the purview of any regulatory bodies. In light of this lack of licensing, WikiFX has assigned it a regulatory status of “No License” and an overall quality rating of 1.13 out of 10.
Bear in mind that trading with an unregulated forex broker is a surefire way to lose your money. Before making any choice, investors are advised to check out a forex brokers regulatory status on WikiFX.
Account Types
Trust Financial Planning offers its clients the flexibility to choose from four trading accounts, namely Bronze, Silver, Gold and Black VIP. However, the minimum deposit required by each account is absurdly high, too much for most regular traders to afford. To open a Bronze account, the most basic one, you need to fund at least €1,000.
It seems like that this broker is ready to defraud investors at the very first by stealing their initial deposits.
Leverage
The maximum trading leverage that traders can use is up to 1:300 with the Trust Financial Planning platform, which is significantly higher than the levels regarded appropriate by many regulators.
Bear in mind that high leverage is not necessarily the good thing, as it can magnify gains as well as losses.
Spreads
Spread is determined by trading accounts on the Trust Financial Planning platform. The Spreads offered by Bronze, Silver, Gold, and Black VIP accounts are from 0.8 pips, 0.6 pips, 0.5 pips and 0.4 pips, respectively.
Trading Platform
Trust Financial Planning fails to provides its clients the leading MT4 or MT5 trading platform.
Payment Options
Trust Financial Planning allows its clients to make a deposit and withdrawal through VISA, MasterCard, Maestro, Wire Transfer, QIWI, Cryptocurrencies.
The minimum deposit amount to invest with this broker is $250.
Customer Support
Traders can reach out to Trust Financial Planning about any questions or concerns they may have about their accounts or their trading through the following methods:
Telephone: +442070971074, +79311060374
Email: support@trust-financial-plannings.net
Registered Company Address: 15 St Botolph St London EC3A 7BB UK.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
2022-12-13 17:08
2022-12-09 15:57
