Traders Trust Review
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Summary of Traders Trust Trading Company
Traders Trust is a moderate-risk broker with the TU Overall Score of 6.98 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Traders Trust clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews. Traders Trust ranks 41 among 395 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Traders Trust is a broker for professional traders and investors, who are ready to accept the risks related to the absence of the license.
Traders Trust is a brokerage company established in 2009. The company provides access to active trading and passive investing. The broker is registered in Bermuda and operates in compliance with the Foreign Account Tax Compliance Act (FATCA). Traders Trust provides direct access to interbank liquidity provides and adheres to the principles of full transparency when working with clients.
💰 Account currency: EUR, USD, JPY, CHF, GBP
🚀 Minimum deposit: $50
⚖️ Leverage: Up to 1:500
💱 Spread: from 0.0 pips (Pro, VIP), from 1.5 pips (Classic)
🔧 Instruments: Currencies, precious metals, commodities, cryptocurrencies💹 Margin Call / Stop Out: 80%/50%
👍 Advantages of trading with Traders Trust:
👎 Disadvantages of Traders Trust:
Evaluation of the most influential parameters of Traders Trust
✅ Trade with this broker, if:
❌ Do not trade with this broker, if:
Top 3 Traders Trust Customer Reviewsi
I didn’t trade with Traders Trust for long. The conditions are not very different from those offered by other little-known brokers. The spreads are more than 2 pips, and, naturally, they constantly expand. With good trading skills, you can earn money here, but not much. No deposit fee is a nice bonus, as not all companies offer this option. Withdrawal works, although I withdrew only $70. For this reason, I cannot state that Traders Trust processes withdrawals of large amounts without any issues. I switched to another broker due to regular glitches of the platform and inaccurate quotes, which prevented me from earning any serious profit.
Ujwal Baria,
bank employee, trader, Jaipur
Traders Trust is my first broker, so I cannot compare its conditions with other companies. For two months, I was testing the demo account and I was completely satisfied. Order execution is good, and the platform operates smoothly. Several days ago, I opened a standard account. I consider the spread at 1.5 pips and leverage up to 1:500 acceptable for Forex. As for the rest, time will tell.
Alan Mashele,
novice trader, Cape Town
The only advantage of Traders Trust is the bonuses, although it will be difficult for a beginner to get them due to tough requirements for trading volume. Actually, the company has more disadvantages than advantages. The key disadvantage is the spread amount. Don’t believe information published on the website! There are no spreads from 1.5 pips, let alone from 0 pips. On the EUR/USD pair, the spread expands to 3-4 pips, which is why I lost my deposit literally in a week. I didn’t like the conditions, so I went back to the time-tested Forex4you.
Vassilis Phidias,
professional trader, Limassol
Expert Review of Traders Trust
Traders Trust is a TU partner and performs its obligations under the partnership agreement. The company focuses on providing traders with beneficial conditions for trading currencies, commodities, indices and metals. The broker offers standard accounts with execution based on STP/NDD technology and professional ECN accounts with tight market spreads. Client funds are held in leading financial institutions and banks.
The Traders Trust brokerage company offers traders a demo account to practice trading in real market conditions. The minimum deposit on a live account is $50. The broker’s website features useful tools, such as the economic calendar and trading calculators. Traders Trust clients enjoy several bonus programs, including cash back for active trading.
The website of the company is available in 7 languages. However, operators of the support service communicate only in English, which is sometimes inconvenient for traders from other countries.
Dynamics of Traders Trust’s popularity among Traders Union’s traders
Investment Programs, Available Markets and Products of the Broker
Traders Trust offers several investment solutions that allow clients to earn passive income, i.e. without actively trading. Traders can copy successful traders from the MQL5.community and receive rewards for referring new clients to the broker. Also, traders can invest in a MAM, an account managed by a professional trader.
MQL5.community signals is a popular copy trading method
MQL5 Signals is a social trading platform that allows investors to copy trades of successful traders. You do not need to install special software or thoroughly analyze the market in order to receive signals. An investor registers on the mql5.com website, selects a trader to copy from the rating and subscribes to his/her signals. Copy trading is automatic. An investor pays a percentage of profit to the trader, but only in case of a successful trade.
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Any broker’s client can act as an investor or as a signal provider. To be able to broadcast your trading strategy, you need to register on the MQL5.community website as a signal provider and trade at a profit. Your account will be automatically included in the rating of profitable traders and assigned a risk level. Based on the rating, investors can choose a signal provider.
Important!
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Traders Trust Partnership Program
Partnership programs are aimed at attracting new active clients to the company. Partners receive a financial reward from the broker for referring a new client, which is a part of that client’s trading fee.
Trading Conditions for Traders Trust Users
$50 - Minimum deposit
1:500 - Leverage
24/5 - Support
Traders Trust trading conditions mostly attract traders from the U.S., Africa and EU countries. The broker provides access to the Forex market once a trader has at least $50 on the Classic account. The biggest disadvantage of the Classic account is the high spread, which starts from 1.5 pips (if the market is calm). The minimum deposit on an ECN account with tight spread from 0.0 pips is $2,000, and a commission per lot is charged. The stop-out level is 50% on all account types.
💻 Trading platform: МТ4
📊 Accounts: Demo, Classic, Pro, VIP
💰 Account currency: EUR, USD, JPY, CHF, GBP
💵 Replenishment / Withdrawal: Bank transfer, Visa/MasterCard, Skrill, Neteller, Perfect Money, WebMoney, FasaPay, BitWallet, BitCoin
🚀 Minimum deposit: $50
⚖️ Leverage: Up to 1:500
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01
💱 Spread: from 0.0 pips (Pro, VIP), from 1.5 pips (Classic)
🔧 Instruments: Currencies, precious metals, commodities, cryptocurrencies💹 Margin Call / Stop Out: 80%/50%
🏛 Liquidity provider: Not specified on the website and in the terms of use📱 Mobile trading: Yes
➕ Affiliate program:Yes
📋 Orders execution: Market Execution
⭐ Trading features: Execution model: STP/NDD/ECN
🎁 Contests and bonuses: $100 No Deposit Bonus, 100% Deposit Bonus, cash back up to $2,000
Traders Trust Commissions & Fees
Information
Traders Union experts analyzed trading conditions of Traders Trust to determine the broker’s fees. The broker does not charge additional deposit and withdrawal fees, and also compensates for the fees of payment systems. However, withdrawals via a bank transfer are charged with a USD25/EUR20 fee. On Pro and VIP accounts, the broker charges commission per lot: $3 and $1.5 respectively.
Swap is charged for position rollover to the next day.Also, a comparative analysis was performed of the fees charged by Traders Trust and its competitors. The table below shows the results of the analysts, with assigning a specific level to each broker.
Detailed review of Traders Trust
Traders Trust is a team of experienced professionals providing all-encompassing technical support, quality market analysis, chart and news in real time. The key priorities of the company are top-class service, creation of a competitive trading environment and transparent trading experience. The broker ensures security of client data through the use of advanced encryption technologies.
Here are some figures about Traders Trust for traders who are choosing a broker:
Traders Trust is a broker for active trading and passive investing
Traders Trust is a company that aims to provide traders with high quality service and good trading conditions. Broker’s clients are free to use any strategy (scalping, hedging), expert advisors, and copy trades of experienced signal providers. The company has two servers, one in London and one in Tokyo. Transactions on classic accounts are routed to the external market using the STP/NDD mechanism, professional accounts – using the ECN model. The average order execution speed is 0.1 seconds. The broker offers traders the option to invest in MAM accounts and earn extra income for bringing new clients to Traders Trust.
The brokerage company provides only one platform for traders, MetaTrader 4. Traders can use desktop and mobile terminals. MT4 WebTrader allows you to trade using any browser and without installing additional equipment.
Traders Trust has the following useful services:
Advantages:
The broker has no restrictions regarding strategies: EAs, scalping, hedging, and automated trading are allowed.
FAQs
Do reviews by traders influence the Traders Trust rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Traders Trust you need to go to the broker's profile.
How to leave a review about Traders Trust on the Traders Union website?
To leave a review about Traders Trust, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Traders Trust on a non-Traders Union client?
Anyone can leave feedback about Traders Trust on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.