Trendsmacro Review: Beware of trendsmacro.com! FCA scam warning!

Trendsmacro is presented as a high tech broker, offering outstanding trading conditions – spreads starting virtually from zero, Straight Through Processing (STP) execution and leverage as high as 1:400. All of that with a choice of four account types, a comprehensive selection of trading instruments – well over 50 currency pairs and lots of other CFDs on indices, metals, energy commodities, shares and futures – and the popular MetaTrader4 platform.

And Trendsmacro also promises to take care of your success, no matter if the market is bullish or bearish. What Trendsmacro fails to mention however, is that they do not have a legit forex license and even is worse – that they have already been exposed as a scam by the Financial Conduct Authority (FCA) in the UK.

Is Trendsmacro legit？

No, Trendsmacro is not a legit broker, but a unregulated scam website. You may check the recent FCA warning on the screenshot below and find yourself a legit UK regulated broker from our list here.

Trendsmacro is owned and operated by an offshore company – the Marshal Islands based Ascana Group Ltd. – and that does not help with their credibility either. Apart from being unregulated, the offshore registration also means that Trendsmacro is more or less anonymous – you will never get to the true owners of a broker, operated by a shell offshore company like Ascana Group Ltd.

Henceforth the recent warning by the British financial authorities. Not to mention that any broker targeting clients in the UK should be duly licensed and authorized by Financial Conduct Authority – a license which comes with a minimum operational capital requirement of at least 730 000 EUR and the condition that all clients‘ funds are stored in a segregated from the broker’s own, trust bank account.

As a matter of fact Trendsmacro do claim that they are keeping all clients funds in a segregated account, but you have no reason to believe them, because they are not regulated, and that basically means that they are not required to follow any rules.

Can I make money with Trendsmacro？

No, for obvious reasons you will not be making any money with a unregulated, offshore broker like Trendsmacro, which on top of that is blacklisted as a scam by the financial authorities in the UK. Better check as well our list of brokers regulated in the EU..

And if we just forget for a second that Trendsmacro are already exposed as a scam, here are a couple of clues from their presentation that clearly point out that you are about to get scammed, if you register and trust your funds with them.

Let us take for example the fact that Trendsmacro is offering trading bonuses. This may sound benign, but its not. All trading bonuses by definition are highly controversial, because they always come with additional withdraw conditions, and basically make traders risk excessive amounts of their funds.

In the case of Trendsmacro however things are even trickier. Trendsmacro openly states that “in case the Client has received a credit bonus and wishes to make any withdrawal, the Client must first have traded the specified volume as required by the ”Bonuses“ stipulation. If the Client has failed to trade at the required volume, his withdrawal request may be canceled”. Take a look:

That is not remotely fair – no legit broker will ever restrict your right to withdraw funds from your trading account, especially funds that you have personally deposited – but the fact that Trendsmacro also reserves the right “to change the terms of the bonus policy at any time”, basically explains it all. Any time you are somehow about to meet your minimum trade volume requirement, it will simply be increased, so that you will never be considered eligible to withdraw. See for yourself:

Unsurprisingly trading bonuses are altogether banned on virtually all regulated markets like the European Union, the UK and Australia.

What is the minimum deposit requirement at Trendsmacro？

The minimum deposit requirement at Trendsmacro is 250 USD, but since they are an obvious scam, here you may check as well our list of brokers, offering micro accounts as well.

As for the rest of the account types – the Silver, the Gold and the Platinum Trendsmacro requires 2000 USD, 10 000 USD and 50 000 USD respectively.

What leverage is available at Trendsmacro？

Trendsmacro offers leverage as high as 1:400, but since they are anything but legit, here you may check as well our list of brokers, offering leverage as high as 1:500 instead.

What trading platforms are available at Trendsmacro？

Trendsmacro offers the industry standard MetaTarder4 – a well known platform, preferred by professional and novice traders alike. Since Trendsmacro are already exposed as a scam however, here you may also find our list of brokers, supporting MetaTrader4 as well.

What payment methods are available at Trendsmacro？

Trendsmacro says to accept major credit cards like VISA and MasterCard, as well as bank wire transfers. As we were not able to confirm this however, and since the broker is unregulated and obviously involved in scam, here you may check as well our list of brokers, processing credit cards for sure.