de | cn | ru

Trust Capital TC Review - is it scam or safe?

Trust Capital TC Review - is trustcapitaltc.com scam or good forex broker?

RATING: 3 / 0 REVIEWS Trust Capital TC
FIND BETTER FOREX BROKER

RECOMMENDED FOREX BROKERS


Trading Accounts and Conditions

 

Trading account Minimum deposit Default leverage* Spread
Classic  $250 1:30 from 1.6 pips
Prime  $500 1:30 from 1.6 pips+ $20 /lot
VIP  $50 000 1:30 from 0.4 pips + $10 /lot

*Up to 1:400 for professional clients. 1.6 pips, fixed

 

Cypriot brokerage Trust Capital TC offers three account types and access to the industry leading MT4 platform. In this review, we will highlight both the strong and weak sides of this forex and CFD broker.

 

 

Trust Capital TC Advantages

 

Licensed in Europe, part of an international group

The solid regulation is the most obvious strong side of Trust Capital TC. The company behind the brand, Trust Capital TC Limited, is licensed by the Cyprus Securities and Exchange Commission (CySEC). To date, Cyprus is one of the most popular forex trading hubs not only in Europe, but globally. First, it is because of its well-balanced financial regulation. Second, Cyprus us a EU Member State, so a CySEC license entitles any broker to offer cross-border services in the EU and EEA.

 

Trust Capital started in Lebanon around ten years ago, but decided to enter the European market despite the stricter regulatory changes and tougher barriers to entry set in 2018.

 

Access to the MT4

As we mentioned in the beginning, Trust Capital TC uses the popular MetaTrader 4 (MT4).

 

 

Trust Capital TC’s demo desktop MT4. Click to view larger.

 

This trading platform is highly praised by the forex community for its reliability, ease of use, superior charting and technical analysis tools. Besides, the MT4 is especially popular for its Expert Advisors used for automated trading.

 

 

>> Check out the top-rated MT4 bokers <<

 

 

Leverage up to 1:400 available to professional traders

In case a retail client of Trust Capital TC wishes to be categorized as an experienced one, he or she may use leverage as high as 1:400. We consider the availability of leverage levels that high as an advantage, because they will suffice the needs of all traders. However, such ratios are not suitable for beginners, as they involve greater risk of loss.

 

 

Trust Capital TC Disadvantages

 

Announced spreads not that good

The spreads announced on the website of Trust Capital TC are actually not that attractive – starting from 1.6 pips on the benchmark EUR/USD on Classic accounts. A number of well-regulated brokers offer lower spreads, and some even go lower than 1 pip. Here you may check out the offers of some reliable brokers in real time:

 

>> Compare the spreads of some of the best forex brokers <<

 

 

Not that many CFDs

When we tried out Trust Capital TC’s MT4 in demo mode there were less than 30 forex pairs available for trade, as well as CFDs on commodities, precious metals and some indices. Most broker offer more currency pairs and wider range of CFDs, also including stocks and cryptocurrencies like Bitcoin. If you are keen on trading the cryptocurrency markets, we have drawn up a list of some brokers offering Bitcoin CFDs which are reliable and recommended.

 

 

>> Trade cryptocurrencies with a regulated forex broker <<

 

 

Conclusion

 

Trust Capital TC is a Cypriot brokerage whose offer is not bad. It supports the good old MT4 platform, the minimum investment required is not high. Although there are several things we don’t like about this broker, the solid regulation outweighs them.

 

Holding a CySEC license means that the brokerage meets a number of requirements, such as: segregation of client accounts, reporting clients’ transaction on a regular basis, maintaining a minimum capital of EUR 730 000, participation in the Investor Compensation Fund (ICF), and more. It also means that the brokerage adheres to all rules introduced on a EU level, including provision of negative balance protection, leverage cap of 1:30, disclosing the percentage of clients who suffer losses, etc.

 

>> Check out the top-rated Cypriot brokers <<

 

 

Let’s sum up the review of Trust Capital TC in a few words:

 

Pros Cons
Licensed in Europe, part of an international group Announced spreads not that good
MT4 supported Not that many CFDs
Leverage up to 1:400 available to experienced traders  

 

Latest news about Trust Capital TC
No news about Trust Capital TC . Check back later.
Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, IFSC MT4, MT5, Web $10 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
Australia, Cyprus ASIC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
Australia ASIC MT4, MT5 $100 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

Traders` reviews for Trust Capital TC

Spread

Pros

Cons

 

 

Slippage

Pros

Cons

 

 

Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

Cons

 

 

Summary

Pros

Cons

 

 

de | cn | ru