TriumphFX (triumphfx.com): broker review, rating and customer reviews

19.08.2022

Year of foundation

2009

Site

https://www.triumphfx.com/

Software

MetaTrader 4, mobile platform

Payment systems

Skrill and Neteller, bank transfer, bank cards

Affiliate program

Да

Rating

5.9

  1. General Information
  2. Advantages of the broker
  3. Disadvantages of the broker
  4. Investment programs
  5. Affiliate program
  6. Trading terms
  7. Commissions
  8. Account types
  9. Bonus program
  10. Training materials
  11. Safety guarantee
  12. Depositing and withdrawing funds
  13. Support service
  14. Overview of the personal cabinet
  15. Contacts
  16. Reviews of TriumphFX clients

TriumphFX broker has been working on financial markets since 2009. The company provides flexible conditions for online trading in active and passive mode. The corporation consists of several divisions, which provide services to traders from different regions. We have compiled a review about TriumphFX with a detailed description of the broker's trading and financial conditions.

📊 Assets

Currency pairs, commodities

⚖️ Leverage

up to 1:500

➕ Affiliate Program

Yes

💰 Minimum deposit

$100

💳 Account currency

EUR, USD, GBP

💹 Spreads

from 0.5 points

💸 Brokerage accounts

Classic, Gold, Premium

🎁 Bonuses

Yes

📱 Mobile Platform

Yes

General Information

A review of TriumphFX broker showed that this company is suitable for passive and active trading. The trading conditions allow investors to trade in financial markets according to different strategies. Relatively low spreads and instant order processing give traders the opportunity to scalp and make short deals.

The online broker offers a relatively small selection of account types. However, the offered rates are flexible. Our managers will help you choose the best tariff plan. To get advice on choosing an account and a trading strategy, you need to register on the broker's website and undergo verification.

TriumphFX home page

Advantages of the broker

  • Small initial deposit.
  • Free analytics from the broker's experts.
  • The presence of an official license.
  • Protection from the negative balance.

Disadvantages of the broker

  • Limited number of available assets.
  • Small selection of deposit/withdrawal methods.
  • Limited possibilities for receiving bonuses.

Investment programs

Beginner traders can use the Community Trading service. It gives investors access to the service for copy trading. You can copy deals of professional investors to reduce risks at the initial stages of learning how to trade in the financial markets. Experienced traders can become providers of trading signals on the Community Trading platform. If your trades are copied by other service users, you will get up to 10% of their profits.

TriumphFX clients can transfer their funds for management to professional investors. Using Fund Management service you can earn in a passive mode. To activate the service, go to your personal cabinet after you register on the broker's website.

Affiliate program

TriumphFX offers several variants of affiliate programs for individuals and legal entities. Thus, Affiliate program suits all clients of the online broker who can attract new traders. Personal blog, social networks, website and other sources can be used for advertising the company's services. Clients can be attracted by placing an affiliate link or banner on various Internet resources.

Two types of referral programs are suitable for legal entities: Introducing Broker and White Label. The first one is designed for companies that want to become partners of TriumphFX broker. In this case the participants get an interest for the deals on the financial markets made by the attracted referrals. The White Label program suits companies that are planning to open a brokerage business under their own brand. TriumphFX provides the program participants with the trading platform, back office facilities and liquidity providers network.

Trading terms

TriumphFX provides traders with the opportunity to trade using leverage. This tool enables traders to increase their potential profit, but at the same time increases the risk of losing money. Standard leverage at all rates is 1:30. However, traders working on the professional account can increase the leverage up to 1:500 on an individual basis.

In its activity TriumphFX focuses on high speed of order execution. The company offers a relatively small number of assets. The broker's website indicates 64 available trading instruments. Traders can trade through the classic MetaTrader 4 terminal or a mobile application.

Commissions

We have analyzed traders' reviews of TriumphFX and found that the company sets average commissions on the market. The broker's clients note the presence of withdrawal fees. Additional interest for financial transactions can be charged by banks and payment systems.

The broker charges trading commissions in the form of swaps and spreads. The latter start at 0.5 pips. On standard accounts, the minimum value of the spread is 1.6 pips. The company sets swaps for transferring positions to the next trading day. You can also connect an Islamic account without swaps.

Account types

TriumphFX offers several account types. Some services and options are available on all accounts. For example, all accounts have protection against negative balance. You can also consult any trading questions with a senior manager, regardless of the tariff you choose.

Types of TriumphFX accounts:

  1. Classic. This account suits beginners with little trading turnover.
  2. Gold. On this account you have the opportunity to attend webinars.
  3. Premium. Investors obtain access to the market analysis and other advantages when opening this account.

When any account type is opened, there is an opportunity to use a demo account. When connecting a demo account, there is no need to make a real deposit. All trading operations are performed using virtual money. The broker provides an opportunity to test trading conditions and hone your trading skills. A demo account will also help check whether TriumphFX is a scam or an honest broker.

Bonus program

TriumphFX is not known for its elaborate bonus program. The broker offers a 5% bonus to clients of the international division. The European branch of the company does not offer bonuses to traders. The online broker informs its clients about all the changes related to trading and bonus program on the official website and in social networks.

Training materials

On the TriumphFX website traders can read a brief guide to trading in the Forex market. A glossary of basic Forex market terms is also publicly available. Rates for traders with high trading volumes provide the opportunity to attend webinars.

Besides educational materials the broker offers instruments for fundamental and technical analysis. For asset price forecasting you can use professional analytics from TriumphFX and economic calendar. At the request of traders, the company provides daily news and current information on financial markets.

Safety guarantee

The international division of Triumph Int. Limited has a license VFSC. This branch of the company does not work with traders from the U.S. and citizens of some other countries. The European division provides services to investors from European countries and is controlled by the CySEC financial regulator.

TriumphFX provides its clients with financial and personal security. Investors' money is kept in segregated accounts. The broker does not use client funds for its own purposes and does not disclose personal information about traders. Personal information of clients is encrypted and is not disclosed to third parties.

Depositing and withdrawing funds

The broker offers a small number of ways to deposit and withdraw funds. You can use bank cards or bank transfer. Of the online systems, Skrill and Neteller are available. The disadvantages of TriumphFX include the lack of possibility of financial transactions in cryptocurrency.

The processing speed of deposit and withdrawal transactions depends on the payment method selected. When using bank cards and electronic systems, transactions are processed on the same business day that the trader's application was submitted. When you transfer money through a bank, it may take up to 3-5 business days.

Support service

To contact TriumphFX support team, fill out the online form on the company's website. A manager of the broker will contact you using the contacts provided. You can also call the support service by phone or send your question by e-mail. The broker has pages in social networks, where you can find news about TriumphFX and the latest information about trading on financial markets.

Overview of the personal cabinet

At TriumphFX the login to the personal cabinet is available after registration on the website. Leave your contact information, after which the manager will send you the password and login to your personal account. In a personal cabinet you can make a deposit to a real account or use the demo-version of the trading terminal. To conduct financial transactions and start trading, you need to be verified and provide documents which confirm your identity and place of residence.

TriumphFX registration form

In myAlpari there are options available for financial and trading operations via TriumphFX broker. You can track deposit and withdrawal transactions, as well as check the balance of your trading account. Information on affiliate payments and copy trading platform is available in myAlpari.

Contacts

Phone

+35725030337

E-mail

[email protected]

Feedback form

On the broker's website

Reviews of TriumphFX clients

In their reviews, traders note that TriumphFX provides acceptable trading conditions. Advantages of the broker are protection against negative balance, the availability of a demo account, the possibility of automatic trading. According to investors, to improve trading conditions, the company should increase the number of assets and systems for depositing and withdrawing money.

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