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.
Ultima Markets has played a significant role in the forex trading industry for decades. WikiFX created a comprehensive review to help you better understand this broker. We will analyze its reliability based on specific information, regulations, etc. Let’s get into it.
FXTRADING.com is an online brokerage firm that offers trading services for various financial instruments such as forex, cryptocurrencies, shares, commodities, spot metals, energies, and indices. WikiFX has comprehensively reviewed this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker.
A 54-year-old foreign woman lost her life savings of RM175,000 to an online investment scam that promised high returns within a short timeframe. The scam was orchestrated through a Facebook page named "Spark Liang."
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.