Abstract:Triumph FX presents itself as a Chinese forex broker that provides its clients with supreme trading platforms and different kinds of trading assets. It hypes that it also offers up to 500:1 leverage and over low spreads.
General Information
Triumph FX presents itself as a Chinese forex broker that provides its clients with supreme trading platforms and different kinds of trading assets. It hypes that it also offers up to 500:1 leverage and over low spreads.
Market Instruments
Triumph FX advertises that it offers various trading instruments, including forex and precious metals.
Account Types
There are only one trading account offered by Triumph FX, namely Standard account. The minimum initial deposit to start a standard account is $100, aligning with most brokers' requirements.
Leverage
In terms of trading leverage, the maximum level offered by Triumph FX is quite generous, up to 500:1. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
The spreads in the Standard accounts start from 1 pip. More specific information about spreads and commissions is not involved directly on the website.
Trading Platform Available
When it comes to trading platforms available,Triumph FX gives traders a choice of Meta Trader 4, including desktop, web and mobile versions. MT4 is very popular and easy to use. It offers a number of technical analysis indicators, extensive back-testing options, advanced charting package, and wide range of Expert Advisors, which allow clients to fully automate their trades.
Deposit & Withdrawal
Triumph FX offers two payment options: telegraphic and wire transfer. There are no obvious options for using popular online payment platforms such as PayPal, Skrill, or Neteller. It is very important to note that all withdrawals are subjected to intermediary bank charges ranging from 25 USD to 75 USD per transaction.
Customer Support
Triumph FXs customer support can be reached through website: www.tfxi3.com.
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.
The sudden arrest of former Philippine President Rodrigo Duterte on an International Criminal Court (ICC) warrant has sent shockwaves through global markets and regional investors alike. While Duterte’s arrest is being hailed by human rights groups as a decisive step toward accountability for his controversial “war on drugs,” it also raises significant questions about factors that can strongly influence the forex market.
Fintech – short for financial technology – is rapidly transforming the way people manage, invest, and even earn money. In this article, we’ll explore various ways fintech can help you make money, from smarter investing to launching a side hustle, while also reducing costs and boosting your financial health.
Discover the secret to 90% winning trades with chart patterns, indicators, and pro strategies. Master trading charts for consistent wins!