TriumphFX review and tutorials

triumphfx-logo
triumphfx-logo

Detailed TriumphFX Review 2021: Forex, CFD'S and Crypto Regulated Broker

TriumphFX review presented us with another Cyprus controlled broker with balanced terms appropriate for both beginners and pro traders. The broker makes smart use of the technology and pricing strategy, so TriumphFX has all the necessary conditions for your successful trading results either on powerful terms or on company support.

What’s TriumphFX?

TriumphFX is a Cyprus brokerage company offering access to high-quality trading and investment solutions through its strictly regulated environment and competitive conditions. The broker has been operating since 2010 and has demonstrated its professional approach to clients, traders and companies through its efficient NDD and STP order processing platform focused on price feeds from the biggest providers.

TriumphFX website

From its founding, TriumphFX’s main goal was to democratize Forex trading and make it available to every investor, irrespective of background or amount of money. Therefore, at TriumphFX, you can find a number of account types suitable for beginners or veterans, an effortless forum to execute orders and unparalleled broker assistance, as well as educational materials.

Instruments

The variety of markets available cover Forex and Metals such as Gold and Silver. Currencies are traded through the centralized market through a number of liquidity suppliers with TriumphFX.

instruments

Is TriumphFX secure or is it a scam?

As TriumphFX was founded in Cyprus before it began operating legally, the company received a license from CySEC, a local authority that regulates Forex business and a company operating in the financial investment industry. In simple terms, this means that the broker opperates in compliance with the requisite laws and operating standards. Ultimately committed to the security of its clients and to maintaining market integrity.

CySEC regulatory standards are fully aligned with the European MiFID directive, which allows TriumphFX to sell its services within and outside the EEA zone.

lisence

Moreover, TriumphFX, as a regulated broker, is a permanently supervised Forex broker, who may be fined in the event that no laws or regulations are enforced which will offer you, as a trader, a secure trading climate. In addition, TriumphFX, like any other licensed broker of CySEC, participates in the compensation scheme protecting the accounts of clients in the event of insolvency of the firm.

Platforms for Trading

The market leader MetaTrader4 will be the platform forum if you decide to trade with TriumphFX. That choice is not shocking nor negative, as the majority of global retailers or professionals using this technology and software, and the creation of various tools, add-ons, and additional features, improve its already powerful capabilities. Therefore, trading with TriumphFX’s powerful STP-based technology will also allow you to deploy a strategy that works best for you.

TriumphFX dashboard

Clearly, MT4 is not the same if you compare the program between two brokers. The company decides whether to allow additional features, including some of the capabilities, or make it available free of charge.

TriumphFX made the upgraded version of MT4 accessible to every user for free, so you may benefit even more. There are also different versions suitable for any system, so you can stay up-to-date from any place or on the go with automated trading tools or manual strategies, or by using the MetaTrader Terminal for Money Managers.

What are TriumphFX Fees and Account Types?

There are three account forms built by TriumphFX – Standard, Gold and Premium. All accounts have the same fair trading conditions and services available, while a higher-grade account can add additional benefits. Gold account users, hosts webinars and Premium can bring benefits to traders getting Markets Analysis 1 vs 1.

account types

Fees

TriumphFX has established its pricing strategy on the basis of low spreads and a fractional trading base. You will benefit from better pricing on the basis of the market continuity offered by TriumphFX. Typically, fees or spreads depending on the account type may include some discounts, usually starting from 0.1 pip.

See some of the TriumphFX spread examples below.

TriumphFX spreads

Bear in mind the rollover or overnight fee as an expense, which is about 2.5 percent of the charge or refund, depending on the direction of the position you take.

Leverage

TriumphFX Review show that the leverage ratios of brokers are set at the standard level permitted for European traders, as the ESMA substantially limits the use of leverage for retail traders. The maximum level is therefore set at 1:30 for major currency pairs and even less for other instruments. And, of course, always know how to use leverage smartly so as not to run risks.

In the event of a professional trader, a chance to reach high leverage levels, 1:500, is available once the status is confirmed.

What Deposit and Withdrawal Methods does TriumphFX use?

Another very important part of our TriumphFX analysis is how you can transfer money from or to your trading account. All account management takes place via an online field while TriumphFX has made it possible to process the transaction via Cards, Bank Wire or Skrill, Neteller.

Minimum Deposit

As for the minimum deposit, for the classic account is 100 € / £ / $, while other accounts need higher amounts.

funding methods

Fees for Withdrawal

As for transfer fees, please ensure that the terms and conditions are reviewed in detail with the payment provider and broker. Different jurisdictions can impose different rules on the basis of international policies. Overall, TriumphFX does not identify a commission for deposits through bank wire and e-wallets, although card payment can add up to a fee of $3.

Withdrawals can result in certain costs which are waived by the payment provider itself and which remain your responsibility.

Final Word

Ultimately, the TriumphFX review presented us with another Cyprus controlled broker with balanced terms appropriate for both beginners and professional traders. The broker makes smart use of the technology and pricing strategy. TriumphFX has all the necessary conditions for your successful trading results either on powerful terms or on company support.

TriumphFX trading information

Bonus
No
Instruments
Forex, CFDs, Metals
Demo Account
Yes
Min. Deposit
$100
Min. Trade
0,01 lots
Regulated By
CySEC
MT4 Integration
Yes
Mobile Apps
Yes
Auto Trading
Yes
Trade Signals
Yes
Islamic Account
Yes
triumphfx-logo

Forex

GBPUSD Spread
N/A
EURUSD Spread
N/A
EURGBP Spread
N/A
Assets
N/A

CFD

FTSE Spread
N/A
GBPUSD Spread
N/A
Oil Spread
N/A
Stocks Spread
N/A

Cryptocurrency

Spread
N/A
Coins
N/A

Official TriumphFX Registration

triumphfx-logo

CLAIM OWNERSHIP

If you are the owner of this platform you can manage this account. First you need to claim the ownership of the platform.

triumphfx-logo
Authorized brokers
Tradeo Global
Visit Tradeo Global
Trading 212 broker review
Visit Trading 212
FXCM Broker Review
Visit FXCM
deriv logo
Visit Deriv.com
bitmex logo
Visit BitMex
alpari logo
Visit Alpari
E-Trade logo
Visit E*Trade
Interactive Brokers
Visit Interactive Brokers
Skilling broker review
Visit Skilling.com
eToro Broker Review
Visit eToro
bitcoin
Bitcoin (BTC) $ 57,235.00 5.08%
ethereum
Ethereum (ETH) $ 4,345.33 6.27%
binance-coin
Binance Coin (BNB) $ 622.02 4.63%
tether
Tether (USDT) $ 0.998701 0.29%
cardano
Cardano (ADA) $ 1.58 5.09%
solana
Solana (SOL) $ 208.64 10.14%
xrp
XRP (XRP) $ 0.977508 5.51%
polkadot
Polkadot (DOT) $ 36.10 6.80%
dogecoin
Dogecoin (DOGE) $ 0.218534 9.30%
usd-coin
USD Coin (USDC) $ 0.999641 0.13%
shiba-inu
Shiba Inu (SHIB) $ 0.000039 3.33%
terra-luna
Terra (LUNA) $ 48.36 2.19%
avalanche-2
Avalanche (AVAX) $ 112.09 4.46%
chainlink
Chainlink (LINK) $ 25.11 6.18%
uniswap
Uniswap (UNI) $ 19.96 4.43%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 57,259.00 5.31%
litecoin
Litecoin (LTC) $ 201.22 5.87%
binance-usd
Binance USD (BUSD) $ 0.999285 0.07%
algorand
Algorand (ALGO) $ 1.78 8.48%
matic-network
Polygon (MATIC) $ 1.71 8.74%
bitcoin-cash
Bitcoin Cash (BCH) $ 572.22 3.62%
cosmos
Cosmos (ATOM) $ 27.02 3.58%
vechain
VeChain (VET) $ 0.118282 6.66%
stellar
Stellar (XLM) $ 0.328759 5.12%
internet-computer
Internet Computer (ICP) $ 41.88 2.97%
fantom
Fantom (FTM) $ 2.14 5.97%
axie-infinity
Axie Infinity (AXS) $ 134.50 5.11%
ftx-token
FTX Token (FTT) $ 50.72 6.68%
filecoin
Filecoin (FIL) $ 54.75 0.68%
tron
TRON (TRX) $ 0.095878 4.36%
dai
Dai (DAI) $ 0.999980 0.25%
ethereum-classic
Ethereum Classic (ETC) $ 47.88 4.12%
theta-token
Theta Network (THETA) $ 6.55 3.40%
near
Near (NEAR) $ 8.33 4.12%
compound-ether
cETH (CETH) $ 86.98 6.30%
okb
OKB (OKB) $ 24.25 10.15%
hedera-hashgraph
Hedera (HBAR) $ 0.332983 5.30%
tezos
Tezos (XTZ) $ 4.99 11.55%
staked-ether
Lido Staked Ether (STETH) $ 4,298.33 6.66%
elrond-erd-2
Elrond (EGLD) $ 403.56 2.06%
monero
Monero (XMR) $ 237.52 2.12%
crypto-com-chain
Crypto.com Coin (CRO) $ 0.750400 2.58%
eos
EOS (EOS) $ 3.96 3.51%
pancakeswap-token
PancakeSwap (CAKE) $ 14.34 10.31%