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TrustMarket FX -

Score

1.41 /10
Danger

TrustMarket FX

United States

2-5 years

Suspicious Regulatory License

High potential risk

https://trustmarketfx.com

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Score

Regulatory Index0.00

Business Index6.21

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

TrustMarket FX · Company summary

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

Feature Detail
Regulation No Regulation
Market Instrument forex, cryptocurrencies
Account Type N/A
Demo Account N/A
Maximum Leverage 1:1000
Spread N/A
Commission N/A
Trading Platform no
Minimum Deposit $500
Deposit & Withdrawal Method Cryptocurrencies of Bitcoin, Ethereum, Cardano, Dogecoin, and SHIBA INU

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.

General Information & Regulation

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.

Deposit & Withdrawal

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

Pros Cons
N/A • No regulation
• Website inaccessible
• No trading platform offered
• Extremely high minimum deposit ($500)
• Only cryptocurrency payments offered

Frequently Asked Questions (FAQs)

Q 1: Is TrustMarket FX regulated？
A 1: No. It has been verified that TrustMarket FX currently has no valid regulation.
Q 2: Does TrustMarket FX offer the industry-standard MT4 & MT5？
A 2: No. There isnt any available trading platform at TrustMarket FX.
Q 3: What is the minimum deposit for TrustMarket FX？
A 3: The minimum initial deposit with TrustMarket FX is extremely high - up to $500.
Q 4: Is TrustMarket FX a good broker for beginners？
A 4: No. TrustMarket FX is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and extremely high initial deposit requirement.

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Youngblack3157890
more than one year
Information about account types and their associated fees is not readily available on TrustMarket FX's website. So, in my personal experience, I would not recommend anyone to use this broker.
Information about account types and their associated fees is not readily available on TrustMarket FX's website. So, in my personal experience, I would not recommend anyone to use this broker.
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2023-04-06 10:01
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Youngblack3157890
more than one year
I hate to say this, but TrustMarket FX claims to offer an online trading platform, the information provided on their website is scarce. The lack of details about their trading platform's features, charting tools, and technical indicators makes it difficult to assess the platform's quality and efficiency. TrustMarket FX mentions various trading products, such as forex, commodities, and indices, but without specific information about these products, it's impossible to gauge the depth and variety.
I hate to say this, but TrustMarket FX claims to offer an online trading platform, the information provided on their website is scarce. The lack of details about their trading platform's features, charting tools, and technical indicators makes it difficult to assess the platform's quality and efficiency. TrustMarket FX mentions various trading products, such as forex, commodities, and indices, but without specific information about these products, it's impossible to gauge the depth and variety.
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2023-04-06 10:00
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