By Nathan Ferguson
TriumphFX Review
TriumphFX is a Cyprus-based modern brokerage platform that is providing remarkable features without charging extravagant fees. It is a time-tested broker that provides a secure environment and user-friendly conditions. In this TriumphFX review, I will tell you about its features, account types, and pricing.
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TriumphFX is a reliable brokerage platform that costs less compared to its counterparts and provides educational material as well. Mainly it is renowned for providing Forex and Commodities as trading instruments but overall you can trade hundreds of trading assets. The platform is based on the MT4 platform that is considered as one of the best available platforms. It is a completely safe and legit broker as it is offering its services since 2010.
Trading Accounts
TriumphFX is offering three types of accounts to its clients. These accounts are named Classic, Gold, and Premium accounts. Although the same trading platform is provided in these accounts but the add-on features provide more advantages. The features of these accounts are as follows.
- Classic Account
In the Classic account, 1:30 leverage is provided with a minimum lot size of 0.01. A demo account is also available and more than 64 trading instruments are provided. Available trading tools include hedging, daily market insights, and daily price alerts.
- Gold Account
The second account that is named Gold Account provides more amazing features in addition to the classic features. Gold account users are provided more educational material and granted access to webinars as well. In this account, an account manager is also provided who manages all the activity on the account.
- Premium Account
Premium account is the most advanced account offered by TriumphFX. These traders get account managers as well as a 1 vs 1 market analysis. All the features of this platform are unlocked for Premium account holders. As this is the most expensive account of TriumphFX, some special features are also provided to Premium account holders.
Pricing
TriumphFX is famous for forex trading because it charges low forex fees. This platform offers Variable spreads and scalping and hedging are also allowed. On Euro and US dollars, 0.6 pips are charged but it gets reduced to 0.1 pips in higher accounts while on Gold the price is higher as 2.2 pips are charged. The Rollover fee is fixed at 2.5 percent on this platform.
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It is also important to mention here that no fee is charged for depositing money. The withdrawal fee at this platform is only 3 dollars per transaction.
Trading Platform
TriumphFX uses the MetaTrader4 trading platform that is the first choice of professional traders. The broker has edited the platform further and added some additional tools and features to enhance its capabilities and productivity. It is a user-friendly platform that is why beginner traders also praise it because they perceive it easily. MetaTrader4 is a web platform but TriumphFX has designed a desktop platform as well.
This trading platform is suitable for mobile devices as well hence it is compatible as well. You can download it from Playstore easily and start trading on the go. If you are an Apple user then you can find the app on App Store as well.
Educational Material
Although education is important for every single living soul on earth it is more important for traders because lack of knowledge can cost them their whole investment. Due to this fact, TriumphFX has concentrated more on its education section. It has provided a lot of trading-related literature on its platform which includes Forex Essentials, Forex Glossary, and Market analysis. Economic calendar and educational research tools are also worth mentioning here.
Final Remarks
This broker is a long-term player in this market which has upgraded itself as per needs from time to time. It provides plenty of options to its customers and it is one of the very few platforms that are reliable and legitimate. As it is a trustable and legit broker I would suggest you be a part of it and don’t entangle with any good-looking scam broker.
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