Score

1.38 /10
Danger

Trubluefx

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.97

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Ares Global LLC

Company Abbreviation

Trubluefx

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Trubluefx · Company summary

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

Feature Detail
Regulation No regulation
Market Instrument FX and CFDs on Indices, Commodities, and Cryptocurrencies
Account Type Trading Account and Managed Account
Demo Account yes
Maximum Leverage N/A
Spread N/A
Commission N/A
Trading Platform MetaTrader5 for Windows, iOS, Android and Mac
Minimum Deposit N/A
Deposit & Withdrawal Method Wire Transfer, Cryptocurrencies

Trubluefx, a trading name of Ares Global LLC, is allegedly a forex and CFD broker registered in Saint Vincent and the Grenadines that claims to provide its clients with various tradable financial instruments on the MT5 trading platform. Here is the home page of this brokers official site:

home page

As for regulation, it has been verified that Trubluefx 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 1.12/10. Please be aware of the risk.

General Information & Regulation

Note: The screenshot date is January 11, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

Trubluefx advertises that it offers access to a wide range of trading instruments in financial markets, including FX and CFDs on Indices, Commodities, and Cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Tether (USDT) and more.

Account Types

Trubluefx claims to offer demo accounts, Trading Account and Managed Account. It seems that no minimum deposit requirement.

Trading Platform Available

The platform available for trading at Trubluefx is one of the most notable and preferred trading platforms the market offers - MetaTrader5 for Windows, iOS, Android and Mac, which is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT5 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

Trubluefx says to support Wire Transfer (accept EUR as Fiat currency) and Cryptocurrencies ( fund your account with BTC, ETH and USDT). It does not take any deposit fees, however, it may happen that your bank or intermediate banks charge some fees. When you deposit in Cryptocurrencies, blockchain fees will occur and must be paid by the sender.

Customer Support

Trubluefxs customer support can be reached by email: support@trubluefx.com or leave messages online to get in touch. Registered office: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Pros & Cons

Pros Cons
• Multiple trading assets offered • No regulation
• Demo accounts available • No information on trading costs
• MT5 supported

Frequently Asked Questions (FAQs)

Q 1: Is Trubluefx regulated?
A 1: No. It has been verified that Trubluefx currently has no valid regulation.
Q 2: At Trubluefx, are there any regional restrictions for traders?
A 2: Yes. The information on Trubluefxs site is not directed at residents of the United States.
Q 3: Does Trubluefx offer demo accounts?
A 3: Yes.
Q 4: Does Trubluefx offer the industry-standard MT4 & MT5?
A 4: Yes. Trubluefx offers MetaTrader5 for Windows, iOS, Android and Mac.
Q 5: Is Trubluefx a good broker for beginners?
A 5: No. Trubluefx is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency.

News

ExposureWikiFX Review: Something You Need to Know About Trubluefx

A forex broker called Trubluefx recently caught our eye; it is the trading name of the company Ares Global LLC. However, some sources said that this broker is actually run by the same group that is behind the Ponzi scheme at Traders Domain. What is the truth here?

WikiFX
2023-07-24 16:47
WikiFX Review: Something You Need to Know About Trubluefx

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孔杰
more than one year
Trubluefx provides quick and superb service, I am simply impressed. I have tried another 3 forex brokers but at last, stopped my choice with them. Till now this broker deserves 5 stars.
Trubluefx provides quick and superb service, I am simply impressed. I have tried another 3 forex brokers but at last, stopped my choice with them. Till now this broker deserves 5 stars.
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2022-12-13 18:11
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FX1119740184
more than one year
Trubluefx perfectly meets all my trading needs here, unparalleled trading conditions, powerful mt5 trading platform, professional customer support. Yes, it is perfect. My trading goes well here. I must give it give stars!
Trubluefx perfectly meets all my trading needs here, unparalleled trading conditions, powerful mt5 trading platform, professional customer support. Yes, it is perfect. My trading goes well here. I must give it give stars!
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2022-12-09 17:19
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