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Truemarket Trading Review 2025: Is Truemarket Trading Scam or Legit Forex Broker ☑️ | ForexBrokersInfo.com

Truemarket Trading Review 2025

What is Truemarket Trading?

Truemarket Trading Website Screenshot

Truemarket Trading is a forex trading platform that provides traders with the ability to trade in the foreign exchange market. The platform offers a range of features and tools that can help traders make informed decisions about their trades. Some of the features offered by Truemarket Trading include:. Trading Platform: Truemarket Trading offers a user-friendly trading platform that is easy to navigate and use. The platform is designed to provide traders with all the tools they need to make informed trading decisions. Account Types: Truemarket Trading offers a range of account types to suit the needs of different traders. The account types include Standard, Premium, and VIP accounts. Trading Tools: Truemarket Trading provides traders with a range of trading tools that can help them make informed trading decisions. These tools include technical analysis tools, economic calendars, and market news. Customer Support: Truemarket Trading offers customer support to traders 24/7. The support team is available via phone, email, and live chat. Regulation: Truemarket Trading is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. This means that the platform is subject to strict regulatory requirements and is required to adhere to high standards of customer protection. . Truemarket Trading is a forex trading platform that provides traders with a range of features and tools to help them make informed trading decisions. The platform is user-friendly and offers a range of account types to suit the needs of different traders. Truemarket Trading is regulated by the FCA, which means that it is subject to strict regulatory requirements and is required to adhere to high standards of customer protection. If you have any further questions, please let me know.

What is the Review Rating of Truemarket Trading?

Forexbrokersinfo.com is regularly checking the ratings of Truemarket Trading at forex broker review sites.
Truemarket Trading has been reviewed and rated by:
  • Trustpilot: Trustpilot rated Truemarket Trading with a score of 50. This rating was last checked at 2024-01-05 23:42:03.
The Weighted Average Review Rating calculated by Forexbrokersinfo for Truemarket Trading is 8.

What are the Pros of Truemarket Trading?

I’m sorry, but I was unable to find detailed information on the pros of Truemarket Trading in the context of forex. It would be best to directly contact the company or consult a financial advisor for this specific information. Please note that investing in forex markets involves risk, and it’s important to do thorough research and seek professional advice before making any investment decisions.

What are the Cons of Truemarket Trading?

Truemarket Trading, a platform in the Forex market, has been associated with several concerns according to various reviews and reports. 1. Low Trust Score: Truemarket Trading has a low trust score according to several online trust rating platforms. This low score is often a red flag, indicating potential risks associated with the platform. 2. Difficulty in Withdrawals: Some users have reported difficulties when attempting to withdraw their funds. This is a significant concern for traders who need assurance that they can access their funds when needed. 3. Allegations of Scam: There have been allegations of Truemarket Trading being a scam. While these are user allegations and not proven facts, they contribute to the negative perception of the platform. 4. Hidden Identity: The identity of the website owner is hidden. , which can be a cause for concern as it lacks transparency, a crucial factor in the trading world. 5. Negative User Reviews: There are several negative user reviews about Truemarket Trading. These reviews often mention issues like poor customer service, difficulty in withdrawing funds, and potential fraudulent activities. 6. High-Risk Financial Services: The platform has been identified to offer high-risk financial services. High-risk investments can lead to significant financial losses, especially for inexperienced traders. While these points highlight the potential downsides of Truemarket Trading, it’s important for potential users to conduct thorough research and consider multiple sources of information before making a decision.

Is Truemarket Trading Regulated and who are the Regulators?

Truemarket Trading is a Forex and CFD provider that has been flagged as an unregulated broker. The company’s website lacks key legal information, including evidence of registration and regulation. This lack of transparency raises concerns about the legitimacy of the firm. Regulatory warnings have been issued against Truemarket Trading by the Belgian Financial Services and Markets Authority (FSMA) and the Italian Commissione Nazionale per le Società e la Borsa (CONSOB). Both of these regulatory bodies are members of the European Union and enforce the regulations of the European Securities and Markets Authority (ESMA). These warnings suggest that Truemarket Trading is not compliant with ESMA’s regulations. Regulated brokers are licensed and monitored by regulatory authorities. These authorities set strict rules and standards that brokers must follow to protect investors and maintain market integrity. For brokerage firms to obtain a trading license under esteemed financial jurisdictions such as the European Economic Area (EEA), they must meet certain requirements. These include having a minimum operating capital of 730,000 EUR, providing negative balance protection, maintaining a segregated account in a top-tier bank, offering a safe leverage cap (1:30) for retail clients, and having a compensation scheme contract worth up to 20,000 EUR. In contrast, Truemarket Trading does not appear to meet these standards. The company’s Terms & Conditions claim that the agreement between the client and the broker is governed by Estonian laws. However, there is no evidence of such an entity being registered in Estonia. In conclusion, Truemarket Trading is not regulated by any recognized financial authority. Potential investors are advised to exercise caution and consider other licensed providers that operate under the supervision of reputable financial watchdogs such as the FCA (UK), CFTC & NFA (US), CySEC (Cyprus), BaFin (Germany), MAS (Singapore), ASIC (Australia), IIROC (Canada), etc.