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Trust Markets Review – Learn To Invest Your Funds Safely

Trust Markets Review

Investment firms can be found on every corner these days. Therefore, you need to be extremely careful about who to trust. 

For instance, Trust Markets brokerage is owned by TM LTD registered in Saint Lucia. In general, not very promising information. However, we won’t just raise doubts. Instead, we are doing an in-depth analysis in this Trust Markets review to prepare you for what’s coming.

General information
Name: TM LTD
Regulation status: Unregulated / Offshore broker
Warnings from Financial Regulators: No official warnings
Website link: Trustmarkets.com
Active since: 2023
Registered in: Saint Lucia
Contact info: Live chat, phone, e-mail
Trading platforms: MT5
The majority of clients are from: United States, India, United Kingdom, Canada, Singapore
Customer support: 24/7 live chat support
Compensation fund: Not available

Regulation and Security

One of the first signs of the company’s legitimacy is its regulation. But bear in mind that not every regulation brings the same quality. Therefore, you should know that only Tier 1 regulators can be trusted. Some of those are FCA, BaFin, CFTC or ASIC.

Even though the company claims to be registered with the FSRA, they are not. None of their registers hold any records of the broker’s license. Therefore, you can forget about funds protection features, primarily negative balance protection and compensation schemes.

What Platforms You Can Expect With Trust Markets?

In general, if the company is not licensed, the platform is irrelevant. Think about it. What’s the use of a solid platform if you can’t withdraw the profits? None, exactly. 

In any case, we need to admit that the company has chosen an adequate option. They are offering stable and reliable MetaTrader 5. With all of its advanced features, it is known as the leading software choice for most brokers. However, our comprehensive TradevarFX review will show you that trusted software is not the only relevant thing.

Can You Trade On Mobile Devices?

As every trader knows, MT5 has very popular and trusted mobile apps. Even though MT5 was removed for iOS devices, it’s back again. Of course, all Android users will enjoy all the benefits of the platform as well.

What Trading Fees and Conditions You Can Expect?

Generally speaking, the company offers highly attractive spreads. Yet, without a demo account available it’s hard to check them out. In any case, with offshore unregulated brokers we learned the offer  it’s hardly close to what’s advertised. Anyways, the starting range is between 0.4 and 1.5 pips, depending on the account choice.

Of course, leverage is something that is always dangerous with offshore firms. Without negative balance protection, their leverage of 1:1000 can easily put you in problems. Important to note is that Trust Markets doesn’t have commissions for most accounts, except for the one where they offer the lowest spreads. That’s where it will cost you $7 per lot.

Account Types

Practically, they offer only a few differences between the accounts. However, Trust Markets doesn’t reveal the most important thing – the minimum deposit requirement. In any case, you can choose between:

  • Standard
  • Fixed
  • Raw
  • VIP

100% Welcome Bonus To Trick You

Bonus offers are always suspicious. Especially the ones coming from scam brokerages. Since the company doesn’t have a transparent bonus policy, you can expect anything. There’s also a limit on bonus availability of two months.

Partnership Programs

This investment firm offers three different partnership packages. They are primarily focusing on expanding their clients’ network. Of course, every program has certain perks and drawbacks. In the first place, you are recommending an unregulated company, which is by itself already a bad thing.

The main partnership features are: 

  • Introduce Broker
  • Affiliate
  • Refer a friend
  • PAMM

Practically, you are ruining your reputation for untrusted brokerage. By the way, they don’t have any positive reviews out there. To understand better how to recognize fake partnership programs, read our Tierra500 review.

How Can You Reach Trust Markets Company?

In general, the company has a wide range of contact options. According to them, they are operating their call center from Istanbul. Besides that office address, you can reach them via e-mail, live chat and phone. Apparently, they are available 24/7.

Are Withdrawals Possible With This Firm?

For a company that was registered in 2023, it’s hard to believe they have awards from 2021. With this in mind, you already know what to expect about withdrawals. The company claims to provide withdrawals within 3 business days after the request is accepted. But of course, to accept a withdrawal request, you need to provide more documents than for a visa to another country.

In any case, too complicated. Moreover, if a client doesn’t provide all the required documents within 30 days, the account gets blocked. Another worrying fact is that the company doesn’t reveal any withdrawal fees.

Final Verdict: Can You Trust Them?

After all the information analyzed, you can definitely see reasons not to trust this company. Primarily due to offshore registration and lack of licensing. Not to mention shady trading conditions, unclear bonus policy and withdrawal complications. All in all, there are far better options than this brokerage firm.

Is It Possible to Make Money By Online Trading?

The only safe environment for any trader is with Tier 1 licensed companies. Thus, with them, you really need to learn how to trade and it could take years. Of course, if you want to be a successful trader. But not anymore. With AI Analysis Bot software everything is way easier.

This AI technology combines historical charts and data with live prices and patterns. Ultimate results are a signal for your next trade. Forget about swindlers telling you what’s your next opportunity of a decade. Forget about the pressure. You decide what calls you are making. But you have all the knowledge combined in one signal. To see how it all works, get in touch with our experts today!

FAQ

What Is Trust Markets?

Trust Markets is one in a sea of offshore brokerages offering shady FX and CFD services with headquarters in Saint Lucia.

What kind of account types does Trust Markets have?

The company offers standard, raw, fixed and VIP account types. But without regulations, it’s completely irrelevant. For safe investment choices and tools, contact our specialists for advice.

Do Trust Markets offer negative balance protection?

No. Neither are other fund protection features trusted due to missing regulations. Instead, you should choose Tier 1 licensed brokers and try an AI Analysis Bot for a safer environment.

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