Note: TrustMarket FX is to operate via the website - https://trustmarketfx.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
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 contained in this article is for general information purposes only.
General Information & Regulation
TrustMarket FX is allegedly a forex broker registered in the United States that claims to provide its clients with leverage up to 1:1000.
As for regulation, it has been verified that TrustMarket FX currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.20/10. Please be aware of the risk.
Market Instruments
TrustMarket FX advertises that it mainly offers forex and cryptocurrency trading. However, more specific information about tradable assets cannot be found on the Internet.
Leverage
The leverage provided by TrustMarket FX is capped at 1:1000. However, according to the regulations, British and Australian brokers have to limit their clients to 1:30, while US brokers cant provide more than 1:50. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform Available
Unluckily, TrustMarket FX does not offer any sort of trading platform. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
The only way to deposit with TrustMarket FX is via a few different cryptocurrencies, such as Bitcoin, Ethereum, Cardano, Dogecoin, and SHIBA INU. The minimum initial deposit requirement is extremely high - up to $500.
Customer Support
TrustMarket FXs customer support can be reached by telephone: +1 353-107-1129, email: info@trustmarketfx.com. Company address: 3893 Winterbourne Dr | Upper Malboro, Maryland-20774 US.
Pros & Cons
Frequently Asked Questions (FAQs)
2023-04-06 10:01
