Traders Trust is a Forex company founded in 2009. A historic broker founded in Cyprus. It is operated by TTCM Traders Trust Capital Markets Limited. They also have a financial license, so you can trade with confidence. Since it can be traded very widely, it is recommended not only for Forex traders but also for stocks and cryptocurrency traders. It has a leverage of 500 times and uses zero cut.
Traders Trust is an FX brand operated by TTCM Trades Trust Capital Markets Ltd. The FX virtual currency trading service will be available in 2009 and is a reliable company.
|Company Name||TTCM Trades Trust Capital Markets Ltd|
|Headquarters location||155 Agias Fylaxeos Str. & Spyrou Kyprianou Avenue, Ersi Court, Office 202, Limassol 3083, Cyprus|
|Business start date||December 18, 2009|
|Number of employees||50|
A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is the Traders Trust licensed?
|Company Name||Acquisition license|
|TTCM Traders Trust Capital Markets Ltd.||Cyprus Securities and Exchange Commission (CySec)|
Unlike, telephone reception is also possible. Live chat in English 24-hour customer support is available on business days (Monday-Friday).
|You can ask questions from the inquiry form on the official website. English is available 24 hours a day. In the case of Japanese, it is from 13:00 to 22:00 on weekdays during summer time and from 14:00 to 23:00 on weekdays during winter time. You will receive a reply on business days (Monday-Friday). The response is very quick and you will get a reply within a day. Japanese, English and Chinese are available.|
|Live chat||Live chat is available 24 hours a day in English on business days. We support Japanese and English.|
|Phone||Available on business days. English is available 24 hours a day. In the case of Japanese, it is from 13:00 to 22:00 on weekdays during summer time and from 14:00 to 23:00 on weekdays during winter time. We support Japanese and English.|
The following languages are supported.
However, only English is available 24 hours a day.
Traders Trust uses a zero cut system and has no margin. No need to worry about debt.
There are the following methods for withdrawing TradersTrust. As with all, the minimum withdrawal amount is from US $ 50. Withdrawals will be processed within 1 business day. There is no upper limit to the maximum withdrawal amount.
|Online wallet||Supports USD, EUR, GBP, JPY.|
|Bank remittance||Supports USD, EUR, GBP, JPY, CHF, CNY, PLN。|
|Credit / debit card||Supports USD, EUR, GBP, JPY.|
|Bitcoin||Only BTC is supported.|
There are the following ways to deposit TradersTrust. As with all, the minimum deposit is from US $ 50. There is no upper limit to the maximum deposit amount.
|Online wallet||Supports USD, EUR, GBP, JPY. The deposit will be reflected immediately.|
|Credit / debit card||Supports USD, EUR, GBP, JPY. The deposit will be reflected immediately.|
|Bank remittance||Supports USD, EUR, GBP, JPY, CHF, CNY, PLN. It takes about 3 days for the payment to be reflected.|
|Bitcoin||Only BTC is supported. The deposit will be reflected immediately.|
Traders Trust is divided into several accounts according to each trader’s preference. You can choose your favorite type. The differences are summarized in a table.
|item||Classic account||Professional account||VIP account|
|Basic currency||USD, EUR, JPY||USD, EUR, JPY||USD, EUR, JPY, CHF, GBP|
|Transaction fees||none||$ 3 per lot||$ 1.5 per lot|
Traders Trust supports the following currency pairs.
If scalping trading is the main thing, we recommend a professional account or a VIP account. Classic accounts are not recommended due to wide spreads. Also, Traders Trust does not prohibit scalping, so there is no problem.
Automatic trading is at your own risk
Traders Trust can also be bought and sold automatically. You can use it, but if there is a one-sided trend, the unrealized loss will be large and all the principal will often fly away. Although it is your responsibility to invest in general, please be aware that EA trades can fail in one trend even if the winning percentage exceeds 90%.
Low risk, low return for beginners
Beginners should not be familiar with Forex yet, so start trading with a small number of lots. If you have one position and one lot, you will not suddenly go bankrupt. Let’s start low risk and low return.
Whether or not withdrawal is refused
It will be the most worrisome place for traders to do. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. What about the Traders Trust, as some companies run away at worst? The patterns of withdrawal refusals from past cases are summarized below. Transactions such as double-decker and scalping are permitted
|Deposit method and withdrawal method are different||To prevent money laundering, the deposit and withdrawal methods must be the same. If not, the withdrawal will be refused.|
|Bonus withdrawal||Bonuses cannot be withdrawn.|
|Minimum withdrawal amount||The minimum withdrawal amount is 5,000 yen or more, and you cannot withdraw less than this amount.|
|Fictitious account||If the account information of the withdrawal destination is incorrect, you will not be able to withdraw.|
|Account without SWIFT code||You cannot withdraw to an account that does not have a SWIFT code.|
|Arbitrage||Arbitrage trading is prohibited. There is a possibility that the account will be frozen.|
Compared to other Forex companies, it has less language support, but it can be said that the English mail service and chat service that also support 24 hours a day, weekends and holidays are very substantial.