Trust Markets
Abstract：Founded in 2014, Trust Markets is an unregulated broker registered in St. Lucia, mainly offering trading in forex, commodities, shares, indices and cryptoscurrencies. It offers a demo account for practicing and requires no minimum deposit for live accounts on the advanced MT5 platform.
Note: Trust Markets's official website - https://www.trustmarkets.com/ is currently inaccessible normally.
| Trust Markets Review Summary | |
| Founded | 2014 |
| Registered Country/Region | St. Lucia |
| Regulation | No regulation |
| Market Instruments | 39+ forex, 12+ indices, 134+ stocks, 12+ commodities, 25+ cryptocurrencies |
| Demo Account | ✅ |
| EUR/USD Spread | From 1.0 pips (Standard account) |
| Leverage | Up to 1:1000 |
| Trading Platform | MT5 |
| Min Deposit | 0 |
| Customer Support | Live chat, contact form |
| Tel: +90 212 271 00 66 | |
| Email: support@trustmarkets.com | |
| Restricted Countries | North Korea, United States, Puerto Rico, Canada, Japan, Iran, Iraq, Lebanon, Turkey |
Trust Markets Information
Founded in 2014, Trust Markets is an unregulated broker registered in St. Lucia, mainly offering trading in forex, commodities, shares, indices and cryptoscurrencies. It offers a demo account for practicing and requires no minimum deposit for live accounts on the advanced MT5 platform.
Pros and Cons
| Pros | Cons |
| Wide range of tradable assets | No regulation |
| Demo accounts | WikiFX complaints about withdrawal issues |
| Multiple account types | Restricted in some countries |
| Commission-free accounts offered | |
| MT5 platform | |
| No minimum deposit requirement | |
| Popular payment options | |
| Live chat support |
Is Trust Markets Legit?
Regulation is a crucial aspect of evaluating the legitimacy and reliability of a brokerage firm, and in the case of Trust Markets, the broker operates without any valid regulatory oversight. The absence of a regulatory framework raises huge concerns regarding the broker's adherence to industry standards, financial transparency, and the protection of client interests.
What Can I Trade on Trust Markets?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Fees
| Account Type | Spread | Commission |
| Standard | From 1.0 pips | ❌ |
| Fixed | From 1.5 pips | ❌ |
| Raw | From 0.0 pips | $7 per lot |
| VIP | From 0.4 pips | ❌ |
| Crypto | From 0.0 pips | ❌ |
Leverage
Trust Markets offersa leverage level of up to 1:1000 for all account types, which means you can control a larger position of up to 1000 times of your initial deposit.
However, you should always be very prudent to use such tool since leverage not only amplify profits, but losses will be augmented at same level as well, especially for abnormal high leverage as 1:1000.
Trading Platform
The broker offers the industry-leading MetaTrader 5 platform, which is popular worldwide for its user-friendly interface, automated trade execution via Expert Advisor, advanced charting and analysis tools, etc.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Android, iOS | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Trust Markets mainly accept payments through Visa, Master Card, Bank Wire Transfer and more.
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