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No Regulation
Score
1.49 /10
Danger
Troy Forex
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Comparison
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Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.84
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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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Warning: Low score, please stay away!
Previous Detection :
2024-09-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: Troy Forex's official website: https://troyfx2.com/？locale=en is currently inaccessible normally.
| Troy ForexReview Summary | |
| Registered Country/Region | Turkey |
| Regulation | Unregulated |
| Market Instruments | Forex, Currencies, Indices, Commodities, CFD's |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:500 |
| Spread | Not Mentioned |
| Trading Platform | MT5 |
| Min Deposit | Not Mentioned |
| Customer Support | Tel: 38263412534 |
| Twitter: https://twitter.com/troy_forex | |
| Facebook: https://www.facebook.com/troyforex | |
| Livechat: 5/24 | |
Troy Forex Information
Troy Forex is a broker registered in Turkey that offers forex, currencies, indices, commodities and CFD's with a maximum leverage of 1:500. However, you'd better be cautious as it is currently not subject to any regulation.
Pros & Cons
On the positive side, Troy Forex supports 5/24 live chat, so you are able to contact them at any specific time and get instant answers. At the same time, it provides a variety of marketing instruments including forex, currencies, indices, commodities and CFD's. You can choose suitable products for trading based on your needs and economic situation.
| Pros | Cons |
| Live Chat support | No regulation |
| Multiple market instruments | Unavailable website |
| No info on spreads and commissions |
On the downside, Troy Forex is unregulated, which is highly risky. In addition, its website is currently inaccessible and does not provide any information about spreads and commissions.
Is Troy Forex Legit？
Troy Forex is unregulated now, and trading with it carries significant risks. Your assets and accounts are not protected at all. As a result, you are advised not to cooperate with unregulated traders.
Market Instruments
Troy Forex offers four market tools: currencies, indices, commodities and CFD's. You can trade through the MT5 platform.
| Trading Asset | Available |
| forex | ✔ |
| metals | ❌ |
| commodities | ✔ |
| indices | ✔ |
| energies | ❌ |
| stocks /shares | ❌ |
| cryptocurrencies | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
| currency | ✔ |
| CFD | ✔ |
Trading Platform
Meta Trader 5 is one of the most popular trading platforms among investors in the forex market. You can freely conduct transactions on smartphones and desktop terminals. You can trade four products of Troy Forex on this platform: forex, currencies, indices, commodities and CFD's through Android, IOS, and Windows.
Customer Support
Troy Forex supports 5/24 live chat, and you can also contact them by phone, twitter and facebook.
| Contact Channel | Details |
 | Live chat 5/24 |
 | 38263412534 |
 | https://twitter.com/troy_forex |
 | https://www.facebook.com/troyforex |
Q&A
Is Troy Forex safe？
No, it is not a safe platform as it is unregualted by any official body.
What kind ofmarketing instruments are available on Troy Forex？
Troy Forex provides forex, currencies, indices, commodities and CFDs.
What is the maximum leverage provided by Troy Forex？
1:500.
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 provided in this review may be subject to change due to the constant updating of the company's services and policies.
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