RECOMMENDED FOREX BROKERS
We will say this: Trust Capital TC is a very good broker, one that deserves your attention. Read the review to find out why.
The company is licensed and authorized by the Cyprus Securities and Exchange Commission (CySEC). This is one of the best and most reliable regulators not only in Europe but in the world. Some of our most favorite brokers are licensed by it. Its regulatory framework is something that all FX traders wish their brokers of choice to abide by. It consists mainly of a ton of rules and codes of conduct. The main points that each CySEC licensed broker must absolutely cover are users’ safety, clients’ funds security, a safe and fair trading environment, segregated bank accounts, a €730 000 proof of financial stability, and much more. Moreover, there is also the inclusion of the Investor Compensation Fund, a €20 000 compensation scheme that sees all victimized users reimbursed in times of broker financial instability. In simple terms, a CySEC license is a guarantee that the user will be in safe hands.
Trust Capital TC is also available to UK clients. The FCA claims that Trust Capital TC possess a temporary permission, allowing it to offer UK citizens its services for now. Because the UK left the EU, the future of the UK branch of Trust Capital TC remains uncertain.
In order to register an account the user must go through a very thorough process which will take some time,. This is a great sign that the broker won’t let just about anyone in, meaning that it wishes its clientele to be as professional as it is.
We found on the website an average EUR/USD spread of 1.6 pips, however we ha no way to know what type of account this spread applied to. Note that there is a $10 commission of FX spreads for users of the VIP account. This increases the initial VIP FX spread with an additional 1 full pip! Moreover, all accounts haver a $10 round turn commission for all CFD spreads.
The leverage value is caped at 1:30 by decree of ESMA. Professional clients can apply for a higher leverage, however in order to become a pro client user have to go through a set of extremely demanding requirements.
The available trading instruments are forex currency pairs, commodities, metals, indices, energies, and cryptocurrencies.
The broker is available to speakers of English, and to some 30 other languages. This is rather suspicious, because usually only unlicensed brokers have so many languages, usually offering them via Google translate.
TRUST CAPITAL TC LOGIN
Trust Capital TC treads on very classic grounds, again proven by the presence of the MT4.
The MT4 offers stop/loss and take/profit, EAs, VPS, pending orders, One Click Trading, chart customization tools, and much more. It trully is the number on platform today!
TRUST CAPITAL TC MINIMUM DEPOSIT
All deposits are guaranteed to process by CySEC.
The minimum deposit is at the most common value of $250.
Bank transfer deposits are charged a $30 fee. Skrill investments are feed a 3.9% + €0.29 commission. The same applies for Neteller. PayPal charges a 5.4% + a cross border fee. Note that there are detailed section son the website of each payment method and their fees that depend on the payment systems themselves and the jurisdictions involved in the transfer of funds.
Only wire transfer deposits take five days to process. All other deposits are processed within a day or instantly.
TRUST CAPITAL TC WITHDRAW METHODS AND FEES
CySEC promises a safe and secure withdrawal processes delivery.
The same methods used for depositing are used for withdrawing.
Bank fees are 0.15%. Card withdrawals are charge by €0.50. Skrill users are charged with 1%. Neteller users are charged with 2%. There are no fees for PayPal users. Read the detailed section on the website for a far more detailed overview of all the fees. It’s nice of Trust Capital TC to offer such details; not many brokers do this.
Withdrawals are processed between 2 to 5 days, depending on the methods used. Card withdrawals are processed in 2-3 days, while bank transfers may take up to 5 days. All other withdrawals are said to be instant.
Trust Capital TC is a very solid broker, and we really think that it stands out as one of the best we have reviewed in a while!