Overview and safety
What is TriumphFX?
TriumphFX is a broker/online-trading brand in our historical database. Current review status: Historical Cyprus brand identity — former Triumph Int. (Cyprus) Ltd is now Shine Trades Limited (CY) Ltd. CySEC’s current register shows that the company formerly named Triumph Int. (Cyprus) Limited is now Shine Trades Limited (CY) Ltd. It remains listed under licence 293/16, but CySEC identifies shinetrades.com as the approved domain and Shine Trades as the approved trade name. The cited regulator record does not establish that a current service using the TriumphFX/triumphfx.com identity is the CySEC-regulated company.
What are the Pros of TriumphFX?
We do not assign normal commercial 'pros' to this profile because the overriding issue is regulatory status and client protection. This is an identity/status issue, not a finding that TriumphFX is a scam or fraudulent. Users should not rely on historical claims that “TriumphFX is CySEC regulated” without matching the current legal entity and approved domain. The regulator-verifiable successor identity is Shine Trades Limited (CY) Ltd at shinetrades.com.
What are the Cons of TriumphFX?
The primary concern is confusing a historical Triumph-branded Cyprus company with its current Shine Trades name/domain or with any separate service still using the TriumphFX branding. This is an identity/status issue, not a finding that TriumphFX is a scam or fraudulent. Users should not rely on historical claims that “TriumphFX is CySEC regulated” without matching the current legal entity and approved domain. The regulator-verifiable successor identity is Shine Trades Limited (CY) Ltd at shinetrades.com.
What are the TriumphFX Current Promos?
No current TriumphFX retail promotion is treated as live. The former Cyprus entity has changed name to Shine Trades Limited (CY) Ltd and CySEC lists only the approved trade name Shine Trades (CY), while the old TriumphFX domain is no longer a reliable current onboarding basis.
What are the TriumphFX Highlights?
The key fact is not a marketing feature but the regulatory record: CySEC licence 293/16 is currently held by Shine Trades Limited (CY) Ltd, whose regulator record lists the previous name Triumph Int. (Cyprus) Ltd and approved domain shinetrades.com. The current Shine Trades site repeats the same company/licence identity.
What is the TriumphFX Origin Story?
The Cyprus company held licence 293/16 under earlier names including Triumph Int. (Cyprus) Ltd and G.S.E Golden Sky Europe Ltd. CySEC now lists the company as Shine Trades Limited (CY) Ltd, and the active regulated service is branded Shine Trades.
Is TriumphFX Legit and Trustworthy?
We would not treat TriumphFX as a normal trusted regulated-broker recommendation. CySEC licence 293/16 is currently held by Shine Trades Limited (CY) Ltd, whose regulator record lists the previous name Triumph Int. (Cyprus) Ltd and approved domain shinetrades.com. The current Shine Trades site repeats the same company/licence identity. This is an identity/status issue, not a finding that TriumphFX is a scam or fraudulent. Users should not rely on historical claims that “TriumphFX is CySEC regulated” without matching the current legal entity and approved domain. The regulator-verifiable successor identity is Shine Trades Limited (CY) Ltd at shinetrades.com.
Is TriumphFX Regulated and who are the Regulators?
The historical statement “TriumphFX is CySEC-regulated under 293/16” is no longer accurate for a current TriumphFX-branded service. CySEC licence 293/16 is current, but it belongs to the renamed legal successor Shine Trades Limited (CY) Ltd, formerly Triumph Int. (Cyprus) Limited. CySEC now lists Shine Trades (CY) as the approved trade name and shinetrades.com as the approved domain. That licence must not be transferred to a separate TriumphFX/tfxi.com service.
| Entity / relationship | Authority | Licence / reference | Current status |
|---|---|---|---|
| Shine Trades Limited (CY) Ltd, ex Triumph Int. (Cyprus) Limited | CySEC | 293/16 | Current CIF under the renamed successor identity; approved domain shinetrades.com. This is identity lineage, not proof that a current TriumphFX/TFXI site is CySEC-regulated. |
| TriumphFX | New Zealand FMA | No NZ licence | FMA warning dated 21 March 2023: TriumphFX is not a registered FSP and is not regulated to provide financial services/products in New Zealand. |
| TriumphFX | Securities Commission Malaysia | No Malaysian licence verified | Investor-warning relationship dated 13 October 2020, independently summarised by the NZ FMA. |
| TriumphFX | Monetary Authority of Singapore | No Singapore licence verified | Investor-warning relationship dated 4 August 2021, independently summarised by the NZ FMA. |
| Triumphfx / Priority Group Official | Indonesia OJK / Investment Alert Task Force | No licence | April 2022 warning entry for forex activity without a licence. |
| Triumph Int. Limited / tfxi.com | Vanuatu VFSC | No VFSC licence | Included in the VFSC's 29 June 2021 public notice on false/fraud Financial Dealers Licence certificates; the notice says the listed companies were not incorporated or licensed by VFSC. |
Any Cyprus Investor Compensation Fund protection associated with licence 293/16 belongs to eligible clients of the current licensed Shine Trades entity and does not attach merely because a website or marketing material uses the historical Triumph name. We did not verify regulated negative-balance or segregated-funds protection for a current TriumphFX-branded serving entity.
For Belgium, TriumphFX is unavailable. No current TriumphFX-branded CySEC-approved domain or Belgian serving entity was verified. EEA rights of the renamed Shine Trades entity therefore cannot be used as evidence that TriumphFX is available in Belgium, and Belgian leveraged-OTC restrictions remain an additional product constraint. No Open Account CTA is permitted.
| Regulator | Legal entity | Licence / status | Oversight rating |
|---|---|---|---|
| CySECCyprus Securities and Exchange Commission | Shine Trades Limited (CY) Ltd (ex Triumph Int. (Cyprus) Limited)Current successor entity/licence relationship; historical Triumph-branded company identity must not be presented as a current TriumphFX-brand authorisation | Licence 293/16 | 89/100Strong oversight |
| CySECCyprus Securities and Exchange Commission | Shine Trades Limited (CY) Ltd (ex. Triumph Int. (Cyprus) Limited)Current licence of the legal successor formerly named Triumph Int. (Cyprus) Limited. It is retained as identity lineage and must not be rendered as a licence for a separate current TriumphFX/tfxi.com service. | Licence 293/16 | 89/100Strong oversight |
| FMA New ZealandFinancial Markets Authority New Zealand | TriumphFXNew Zealand warning relationship. FMA also consolidates warnings issued by Malaysia SC, Singapore MAS, Indonesia OJK and Vanuatu VFSC concerning TriumphFX/TFXI. | unregistered-business warning: not a registered FSP and not regulated to provide financial services/products in New Zealand; warning dated 21 March 2023 | 93/100Comprehensive oversight |
| MASMonetary Authority of Singapore | TriumphFXSingapore warning relationship; not a licence. Retained from the authoritative NZ FMA summary. | investor-warning relationship dated 4 August 2021, as independently referenced by New Zealand FMA | 96/100Comprehensive oversight |
| OJKFinancial Services Authority of Indonesia | Triumphfx/Priority Group OfficialIndonesian warning relationship; not a licence. | April 2022 Investment Alert Task Force entry for forex activity without a licence | 84/100Strong oversight |
| SCSecurities Commission Malaysia | TriumphFXMalaysian investor-warning relationship; not a licence. Retained from the authoritative NZ FMA summary where the historical SC page is not reliably addressable. | investor-warning relationship dated 13 October 2020, as independently referenced by New Zealand FMA | 86/100Strong oversight |
| VFSCVanuatu Financial Services Commission | Triumph Int. Limited / tfxi.comVanuatu warning relationship, not a licence. | included in VFSC's 29 June 2021 public notice on fraud Financial Dealers Licence certificates; VFSC states listed companies were not incorporated or licensed by VFSC | 41/100Limited oversight |
| Warning contextRegulatory warning context | TriumphFX current brand contextRegulatory history and entity status require caution. | Warning/regulatory-history context | 40/100Limited oversight |
Did TriumphFX win any Awards?
No current 2026 TriumphFX award with an issuer/date was verified. Historical awards are not carried forward after the brand/entity transition.
What type of Forex Broker is TriumphFX?
Historically TriumphFX marketed online leveraged or speculative trading services. We could not verify a current regulated offering for TriumphFX that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.
How do I get in Contact with TriumphFX?
For the regulated Cyprus entity, CySEC currently publishes +357 25 030 337 and compliance@shinetrades.com. Those are Shine Trades contacts. Old TriumphFX support details should not be presented as current without a functioning authorised TriumphFX domain.
Where are the Headquarters from TriumphFX based?
CySEC lists Shine Trades Limited (CY) Ltd at Lophitis International Center, corner of Sotiri Michailidi and 28th October, 3035 Limassol, Cyprus, company registration 335393. This is the successor legal entity to former Triumph Int. (Cyprus) Ltd, not proof that the old TriumphFX brand remains active.
What kind of Customer Support is offered by TriumphFX?
Support quality should be judged by KYC, payment and complaint handling rather than sales responsiveness.
| Support test | What a visitor should ask |
|---|---|
| KYC | Which documents are required and how long approval normally takes. |
| Funding | Which methods are supported for the exact country and entity. |
| Withdrawals | Method, minimum, fee, processing time and return-to-source rule. |
| Complaints | Which legal entity receives the complaint and which regulator/dispute body applies. |
Which Educational and Learning Materials are offered by TriumphFX?
No current TriumphFX education hub or webinar schedule was verified on a functioning authorised brand site. Historical market material is not counted as an active 2026 service.
Does TriumphFX hedge Positions?
No current TriumphFX execution policy was verified. Historical ECN/STP or liquidity-routing marketing is not carried forward to the current review after the entity/trade-name change.
Accounts and eligibility
Can anyone join TriumphFX?
No Belgian Open Account CTA should be shown for TriumphFX. CySEC licence 293/16 now belongs to Shine Trades Limited (CY) Ltd and the approved trade name is Shine Trades (CY), not TriumphFX; no current TriumphFX-branded EEA onboarding route was verified.
Who should sign up with TriumphFX?
We do not identify a normal target customer for TriumphFX while this warning/status remains unresolved. Users looking for forex or CFD access should prefer a broker whose exact legal entity and permissions can be verified on the regulator's live register.
Who should NOT sign up with TriumphFX?
Anyone who needs regulated client-money protection, a formal complaints route or compensation-scheme eligibility should avoid relying on this historical profile. This is an identity/status issue, not a finding that TriumphFX is a scam or fraudulent. Users should not rely on historical claims that “TriumphFX is CySEC regulated” without matching the current legal entity and approved domain. The regulator-verifiable successor identity is Shine Trades Limited (CY) Ltd at shinetrades.com.
Does TriumphFX offer Discounts, Coupons, or Promo Codes?
Do not use coupon codes, deposit bonuses or referral offers as a reason to send funds. We could not verify a current regulated offering for TriumphFX that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.
Which Account Types are offered by TriumphFX?
No current TriumphFX-branded account table, minimum deposit, spread or leverage schedule is published as verified in this audit. Current regulated-product facts should be taken from Shine Trades if reviewing that separate current brand, not copied from old TriumphFX pages.
How to Open a TriumphFX LIVE Account?
We do not provide account-opening instructions for this profile because of the current warning/status. Verify any firm independently with the relevant regulator before sending identification documents or money.
How to Open a TriumphFX DEMO account?
A demo environment, if one exists, does not establish that the underlying firm is authorised. We therefore do not treat demo availability as a safety signal.
If I violate the Trading Objectives of TriumphFX do I get a second chance?
This is not a prop-firm challenge review. Historical 'trading objectives' are not relevant to the core issue, which is whether the firm and legal entity are currently authorised and verifiable.
How Are You Protected as a Client at TriumphFX?
CySEC protections associated with licence 293/16 apply when a client contracts with the regulator-listed Shine Trades Limited (CY) Ltd through its approved service. Historical TriumphFX branding alone is insufficient to establish that relationship.
What are TriumphFX AML ID requirements?
Do not upload identity documents to an unverified domain or contact. If a firm requests KYC documents, first verify the exact legal entity and website against the regulator's register or warning notice.
Deposits, withdrawals and fees
Which Deposit and Withdrawal options are available at TriumphFX?
No current TriumphFX deposit/withdrawal route is recommended. Former clients should use the legal entity/regulator information from official records and be cautious about any request to move balances into tokens, pay recovery fees or use a new payment address without independent verification.
Which Funding methods or Deposit Options are available at TriumphFX?
Do not send new funds based on old funding instructions or account-manager messages. Verify the firm first; bank, card, crypto and e-wallet transfers can have very different recovery rights.
What is the Minimum Deposit Amount at TriumphFX?
Any historical minimum-deposit figure is intentionally not repeated as a current fact. We could not verify a current regulated offering for TriumphFX that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.
Which Withdrawal methods are available at TriumphFX?
Current withdrawal channels could not be verified to our publication standard. If money is already on the platform, document every withdrawal request and avoid paying additional 'tax', 'unlock', 'verification' or 'release' fees without independent legal/regulatory confirmation.
How can I Withdraw Money from TriumphFX Step by Step?
If you already have funds with TriumphFX, submit any available withdrawal request through the account interface, save screenshots and correspondence, and escalate promptly to your bank/card issuer and the relevant regulator if funds are withheld. Do not send additional money merely to release a withdrawal.
Does TriumphFX Payout?
We cannot verify reliable current payout performance. This is an identity/status issue, not a finding that TriumphFX is a scam or fraudulent. Users should not rely on historical claims that “TriumphFX is CySEC regulated” without matching the current legal entity and approved domain. The regulator-verifiable successor identity is Shine Trades Limited (CY) Ltd at shinetrades.com.
Which Fees are charged by TriumphFX?
Historical TriumphFX spreads/commissions/swaps are not presented as current because the CySEC entity now trades under a different approved name and current TriumphFX commercial terms could not be verified.
Trading conditions and platforms
What can I trade with TriumphFX?
Historical market lists are not repeated as current because the underlying operating status/authorisation is the more important issue. We could not verify a current regulated offering for TriumphFX that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.
Which Trading Platforms are offered by TriumphFX?
Historical TriumphFX services included MetaTrader and copy/social-style programmes, but they are not treated as a current 2026 offer. The regulated successor entity should be assessed separately under its approved Shine Trades name.
Which Trading Instruments are offered by TriumphFX?
Historical instrument claims are not presented as current. We could not verify a current regulated offering for TriumphFX that would justify presenting old product claims as current. Because the regulatory/identity evidence is adverse or the former brokerage is no longer operating in the same form, old details about accounts, spreads, leverage, funding methods or platforms should not be treated as current unless independently confirmed.
Which Trading Servers are offered by TriumphFX?
We do not publish historical server names as current connection instructions for a warning-status profile.
Which are the Base Currencies supported by TriumphFX?
Current supported base currencies could not be independently verified and are not material to the safety conclusion.
Can I trade Crypto with TriumphFX? Which crypto currencies are supported by TriumphFX?
Do not infer safety from the availability of cryptocurrency trading or crypto deposits. Crypto transfers can be especially difficult to reverse, so regulatory verification should come before funding.
What is the Leverage on my TriumphFX Trading Account?
Any historical leverage figure is intentionally not repeated as a current offer. High leverage materially increases loss risk and, for a warning-status firm, does not compensate for missing or adverse regulatory protection.
How can I change the Leverage on my TriumphFX Trading Account?
We do not provide instructions for increasing leverage on a warning-status profile. If you already have an account, reducing exposure and confirming withdrawal rights is more important than increasing leverage.
What kind of Spreads are offered by TriumphFX?
Historical spread claims are not presented as current because they cannot be independently verified to our standard. Very low advertised spreads should never be used as a substitute for checking authorisation and client-money protection.
Does TriumphFX offer MAM Accounts or PAMM Accounts?
We could not verify a current MAM/PAMM service that should be relied on. Managed-account claims add custody and discretionary-management risk and require especially careful regulatory verification.
Does TriumphFX allow Expert Advisors?
Expert Advisor support, if historically offered, is not relevant to the current safety assessment and was not verified as a current feature.
Does TriumphFX offer Copytrading?
Copy-trading availability does not establish regulatory status. We did not verify a current copy-trading service that should be relied on for a new account.
Sources
Last reviewed September 9, 2026. Product availability, leverage, pricing and client protection can differ by country and legal entity.
- CySEC — Shine Trades Limited (CY) Ltd, ex Triumph Int. (Cyprus) Limited, 293/16 ↗
- Shine Trades — current site, legal entity and CySEC 293/16 disclosure ↗
- Shine Trades — current legal documents ↗
- Triumphfx — official/source set reviewed for this quality pass ↗
- Triumphfx — regulator/entity due-diligence summary ↗
- Triumphfx — ForexBrokersInfo 50-review quality pass ↗
- TriumphFX — historical brand domain checked during current audit ↗
- FSMA Belgium — leveraged OTC derivative distribution restrictions ↗
- New Zealand FMA — overseas regulators warn investors about TriumphFX ↗
- Indonesia OJK — April 2022 Investment Alert Task Force list ↗
- Vanuatu VFSC — 29 June 2021 Fraud Certificates public notice ↗
- FSMA — Belgium leveraged OTC / rolling-spot restrictions ↗