TradersTrust: Explaining the reputation, reviews, and safety of overseas Forex company TTCM (Traders Trust)

TradersTrust

This article provides a thorough explanation of TradersTrust (TradersTrust: TTCM) account bonuses, spreads, leverage, reviews and reputation, safety, reliability, and risk evaluation. TradersTrust is a FX company that uses the NDD method, which is a highly transparent ordering method, and has been in operation for quite a long time, so it can be said to be a very reliable company. Summary of overall reputation.

TradersTrust basic information, company information

TTCM TRADERS CAPITAL LIMITED, the operating company of TradersTrust, was established in 2009. The company is headquartered in Cyprus and is regulated as it has obtained a financial license from the Cyprus Securities and Exchange Commission (CySEC), which is difficult to obtain. Other locations, including Asia, were established in 2018 and are located in Bermuda, but do not hold financial licenses.

Operation CompamyTTCM Traders Trust Capital Markets Limited
Found2009
Address3 Thalia Street, Office Number 310-318,
3rd Floor, 3011, Limassol, Cyprus
LicenseCySEC

Holding a financial license

TTCM Traders Trust Capital Markets Limited, currently the headquarters of TradersTrust, is licensed by the Cyprus Securities and Exchange Commission (CySEC). On the other hand, TTCM TRADERS CAPITAL LIMITED, which is based in Asia and other regions, is based in Bermuda and does not hold a financial license. The Bermuda branch is regularly audited quarterly by global auditing firms PWC and Deloitte Tohmatsu.

Separate management and no trust protection

TradersTrust is segregated only. Separate management ensures that company funds and customer assets are managed separately. Therefore, even if the company goes bankrupt, the customer’s funds will not be used. There is no problem because you will not have to worry more than necessary. If you have time, check out the homepage as needed.

Distribution of registered users

According to TradersUnion, a review site for major overseas FX companies, an overview of the country distribution of TradersTrust’s registered users shows that Japan has the highest ratio and is an important customer. It can be seen that there are more users in Brazil, Cyprus, and even Central and South America than elsewhere.

Source : TradersUnion

Features, advantages and disadvantages of TradersTrust

The features, advantages, and disadvantages of TradersTrust are introduced below. If you are thinking of registering, please consider the following points before making your decision. The official website also explains how it works on the Terms of Use page. You can trade on weekdays with more favorable conditions than other industry-leading companies such as XM, FXGT, axiory, exness, iforex, bigboss, titanfx, fxpro, fxdd, and threetrader.

A wide variety of account types are available

There are three official account types: Classic Account, Pro Account, and VIP Account. The products and brands we handle include currency pairs, precious metals (gold, silver), energy, stock indexes, and even virtual currencies (Bitcoin). The Classic account is for general users, and the Pro account is for intermediate users. The VIP account has preferential treatment on transaction fees and spreads, and is a dedicated account type for advanced and professional traders with experience, knowledge, and a proven track record. Basic VIP accounts receive new support from a dedicated account manager and advisor.

ClassicProVIP
Trade StyleNDD STPNDD STPNDD STP
Max Leverage3,0003,0003,000
Trade InstrumentsForeign exchange
precious metal
energy
stock index
virtual currency
Foreign exchange
precious metal
energy
stock index
virtual currency
Foreign exchange
precious metal
energy
stock index
virtual currency
CommissionFree3$1.5$
Average Spread1.4~1.8pips0.4~0.7pips0.0~pips
Lot100000 currency100000 currency100000 currency
Min Lots0.010.010.01
Max Lots1,0001,0001,000
Max PositionUnlimitedUnlimitedUnlimited
Stop Level0.0pips0.0pips0.0pips
Scalping
Auto Trading
Hedge
Margin Call50%50%80%
Loss Cut20%20%50%
Zero Cut
Trade ToolMT4MT4MT4
Base CurrencyJPY
USD
EUR
GBP
JPY
USD
EUR
GBP
JPY
USD
EUR
GBP
Min Deposit500050002000000
Bonus
Campaign
×

Full of trading styles

TradersTrust uses the NDD order style. Furthermore, it is great that there are no restrictions with the introduction of scalping methods, double-denominated trading, and automatic trading. Since there are no restrictions, it can be said that the service is used by a wide range of users. However, please be aware that arbitrage, trading aimed at delayed rates, and fraudulent use of bonuses are highly prohibited and violate the terms and conditions and may result in your account being frozen.

Adopts a variable spread

TradersTrust uses a floating spread system, not a fixed spread system. If you use a VIP account, the spread will be the narrowest because there is only one difference, but since the first deposit is over 2 million yen, the environmental hurdle is quite high. The average spread is a little wide. No contract rejection or slippage will occur. Transaction costs are round-trip and one-way for Pro and VIP accounts. Spreads may vary slightly depending on the time of major economic indicators announcements.

Loss cut and zero cut

The base currencies are US dollar (USD), Japanese yen (JPY), euro (EUR), and pound pound (GBP). Please note that the margin call warning is executed at 50% and the compulsory stop-loss level is executed at 20%. If the stop level is 0 and the balance becomes negative, the final zero cut will occur immediately. There is no margin call. When investing, be aware of fund management and consider whether to add additional funds to increase the margin maintenance rate or cut your losses. There are three account types, so take full advantage of the strengths of each strategy and spec. Swap points are generated directly when you trade across days.

trading platform

Trading platform details: MT4 tool is used. Therefore, it cannot be traded on MT5. The reality is that the number of MT5 users is increasing, but the fact that it is not supported by TTCM may be a disadvantage. Also, if you meet certain conditions for automatic trading (EA), you can use a free VPS server. You can use EA safely and smoothly. Summer time and winter time trading hours and market business days are slightly different.

There are bonuses and campaigns

We offer a wide variety of luxury bonuses, limited-time campaigns, and various promotions for VIP accounts, so you can get a lot of things. Account opening bonuses, deposit bonuses, cash back, etc. are granted as they are, but many of the bonuses have usage restrictions and profit withdrawal restrictions, so the restrictions are quite strict.

Maximum leverage 3,000x

The maximum leverage is always 3,000x and this applies to all account types. Dynamic leverage is used. The minimum trading amount is 0.01 lot and the maximum number of positions is unlimited. The main currency pairs are 52 stocks and also support precious metals, energy, stock indexes, and virtual currency markets. It is possible to earn a large amount of money even with a small amount of margin, but the risk of loss is also high.

Many deposit and withdrawal methods available

We offer a wide variety of the latest deposit and withdrawal methods, including credit cards, debit cards, online wallets (bitwallet), and even bank transfers to financial institutions. It is attractive that payments are made quickly and it takes no time for the payment to be fully reflected. Investors can deposit small amounts starting from 5,000 yen. These intentional problems such as withdrawal refusals do not occur very often. Fees may apply at the service location.

What are the reviews on TradersTrust?

We have summarized the reviews of TradersTrust. This is a quote from TradersUnion, a review site for major overseas FX companies. Basically, there are good reviews and bad reviews. It seems that some people can afford to win consistently and steadily in foreign exchange, while others are in a situation where they lose every month and are stressed out.

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.

Source : TradersUnion

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.

Source : TradersUnion

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.

Source : TradersUnion

Withdrawals at Traders Trust are usually quite fast; you can expect to receive the money within a couple of days, although the official website indicates a longer period. I personally haven’t encountered problems regarding quotes, but, like everyone, there may be occasional glitches. I believe Traders Trust provides excellent conditions for positional trading, but it’s worth noting that I’ve seen reviews mentioning that some people engage in scalping on this platform.

Source : TradersUnion

I would like to add to the stability of traders trust. I opened an account here in 2021 and I still trade here. I can’t even say exactly how much profit I withdrew from the broker. The company has always paid everything to me. Moreover, they have never canceled my trades.

Source : TradersUnion

Traders trust is an honest and reputable broker that provides 100% quality service. Over several years of trading, I’ve had no complaints or negative situations. I am happy with everything!

Source : TradersUnion

Today, I received another withdrawal from my account at Traders Trust. I’ve been trading with this broker for two years. It was recommended to me by fellow traders who have been collaborating with Traders Trust for many years. I used to trade with another company, and I encountered numerous serious platform issues there. However, with Traders Trust, the platform works very well. Orders are executed quickly, and if slippage occurs, it is minimal. I highly recommend this broker.

Source : TradersUnion

TradersTrust is a well-established presence in the brokerage services market. The company enjoys a good reputation among traders, and many people trade here. I myself started trading with this broker five years ago. I initially tested TradersTrust with small deposits, and later I began trading with larger sums. I didn’t experience any issues with trading. I withdraw money through the bank, and the withdrawal process is very fast, with fees that suit me.

Source : TradersUnion

How to open a TradersTrust account

You can open a TradersTrust account using the button below. When opening an account, in addition to entering personal information, you will also be required to submit and upload your identification card (driver’s license, passport) and address confirmation document (resident card), so be sure to have them ready. There will be a main review by the staff. We also provide corporate accounts upon request. If it is enabled and you can log in, you can trade from My Page now. Customer support is also available 24 hours a day via email or automated chat.

There is an account opening bonus

TradersTrust offers an account opening bonus. Once the bonus is granted, it can be traded as credit. We recommend the VIP account because it has low and narrow spreads and high functionality. Although it is aimed at professional investors, please note that the minimum deposit amount will be large to get started, and you will need to set a minimum deposit of 2 million yen or more. By choosing instead, you will receive the most generous support content.

rules are lenient

The trading rules are relatively loose and there are not many rules, so you can feel free to trade. There are not many prohibited activities, and individuals can carry out scalping trades and automatic trading without any upper limit. Users can trade conveniently and stress-free. It is recommended because it has a wide variety of currencies, from major currencies to minor currencies, so you can choose carefully.

There is a support center

If you have any questions at the support desk, you can send a request using the form on the My Page screen and receive an answer to any question. We also have a live chat exclusively for customers, so you can always listen in real time. Ask us anything about bonuses, account opening, spreads, leverage, etc.

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