Traders Trust was founded in 2009. It is a brokerage brand represented by the Traders Trust Capital Markets Ltd. (TTCM). Its main office is located in Cyprus and like all other brokers based on this location, Traders Trust is regulated and certified by the Cyprus Securities and Exchange Commission (CySEC). This broker is authorized to offer its services in Europe by the following institutions: Financial Conduct Authority (United Kingdom), Federal Financial Supervisory Authority (Germany), Banque de France, and Comisión Nacional del Mercado de Valores (Spain).
The good thing about Traders Trust is that it offers one of the traditional business models in the industry known as Straight Through Processing (STP). According to the company, this approach is entirely fair and it avoids any conflict of interest with the clients. Orders are processed straight to the market without any intervention from the dealing desk.
Traders Trust supports a large database of educational materials such as “Beginners Course” to introduce their new clients to the basic functions, MT4 tutorials, regular webinars, and seminars, as well as various trading strategies. This online broker provides numerous partnership opportunities for interactive traders, asset managers, affiliates, and more.
Traders Trust’s Trading Platforms
As a primary trading platform, this online broker uses the popular MetaTrader 4. It’s powerful and intuitive software is preferred by millions of traders around the world. The MetaTrader 4 platform is equipped with numerous advanced features such as unique programming language, the capability of designing unusual strategies, automation, and many other useful applications. MT4 supports more than twenty languages, as well as various excellent features that will ease the trading process. Mobile trading is also supported by the modified versions of MT4. It is available for Android, iPhone, and iPad.
Traders Trust’s demo accounts can be registered through the software and ensure that the traders can test things out before using real money in trading. Traders Trust offers an alternative trading platform called Social trading or Copy Trading. Traders who choose this option will be able to duplicate and copy the positions of successful traders from the community and increase their profit.
Trading Conditions at Traders Trust
Traders Trust offers a wide variety of financial instruments to its clients. Traders can take advantage of forty Forex currencies including major and exotic pairs. There are also seven different CFD indices, metals (Gold and Silver), and commodities (Oil and Gas). This online broker provides excellent trading conditions on Forex instruments with spreads starting from 1.2 pips (EUR/USD). Leverage is also quite flexible as the traders can choose from 1:1 to 1:500 depending on their risk management preferences.
Traders Trust’s STP model offers ultimate benefits when it comes to the speed of orders execution. Without any dealing desk interventions or third party involvement, each order is passed freely to the market almost instantly. There is a minimum trading size employed for most of the financial instruments, which is equal to 0.01 lots.
Two types of trading accounts are allowed with Traders Trust. The STP account is the standard profile. On the other hand, the MAM account is perfectly designed to satisfy the needs of asset managers and expert traders who operate an extensive database of their client’s accounts. Trading strategies such as hedging, scalping, and Expert Advisors (EAs) are allowed.
Funding your Traders Trust account
All money transfers are handled through Traders Trust’s internal system where the clients need to register before funding any account. When it comes to deposits, this online broker is quite flexible and offers a broad range of possible methods to its customers. Deposits can be made through cards, bank wire transfer, and various digital wallet services. Most of the payment options do not involve any commissions but the traders should be aware that some of them do. However, all the methods are instant except for bank wire transfers.
Withdrawals are handled via the same services with slightly higher fees. The processing time takes up to six hours, but take note that some of the payment options may require up to five business days to clear the funds and make them available.
Conclusion
Traders Trust is a reliable Forex broker that gives traders access to a wide variety of instruments in several markets like currencies and indices. It is regulated and traders can make sure that their money is safe from scams because this broker segregates its client’s funds. This company is dedicated in providing top trading conditions to its clients and avoids any misleading bonus schemes. With the goal of full transparency, Traders Trust is determined to stay away from marketing techniques like lucrative bonuses, promotions, and loyalty programs.
