Trust Capital is the trading name of Trust Capital TC Limited, which is registered as an investment company in Cyprus. Yes, this brokerage is regulated.
However, we found numerous complaints against the broker – 18 in 2023 alone! If you’re having issues with this broker too, we’ve left our contact at the end of the Trust Capital Review.
Yes, Trust Capital TC Limited is registered with the Cyprus Securities and Exchange Commission (CySEC). We’ve checked the financial watchdog’s database and found two approved domains that this broker uses (the two in the table).
Although CySEC is a Tier 2 regulator, it’s still a well-known and respectable authority that implements the rules of the European Securities and Markets Authority (ESMA). All EEA zone regulators operate under ESMA’s jurisdiction and issue MiFID passports to their brokers.
The Trust Capital regulation is solid. Yet, traders have recently left many complaints about this broker’s business.
That’s why you always have to take your broker with a grain of salt. Even though Trust Capital is regulated, issues may arise, and if they do, feel free to contact us for help.
Trust Capital is the trading name of Trust Capital TC Limited, a Cyprus investment company registered with the Cyprus Securities and Exchange Commission. However, traders have recently started writing complaints against the broker.
It was odd to us that a broker like Trust Capital was getting such backlash. So, we decided to do some digging and find out in which areas besides Europe was Trust Capital active.
Keep in mind that Trust Capital’s MiFID passport applies only in Europe, and the CySEC license allows the company to operate in the UAE and Indonesia, provided it complies with local laws. However, Trust Capital isn’t authorized to operate in the US.
Common themes? Withdrawal issues and terrible customer service. There have also been allegations that Trust Capital has been manipulating quotes.
On TradersUnion, we found 18 negative reviews of Trust Capital in 2023 alone. Since they are relatively recent, we suppose CySEC has not noticed them yet, which is why we must urge the regulator to react.
Not particularly happy with Trust Capital. They are too confused on themselves and believe that customers owe them, and not they customers… the broker manipulates quotes, everything is bad in this regard…
Trust Capital offers the famous MetaTrader 4. According to the broker’s website, this platform features a desktop, Android and iOS version.
There’s also a web-based version of the platform. In general, MT4 is an amazing piece of software. It features cutting-edge options such as live market reports, instant execution, multiple timeframes, and automated trading.
To this date, MT4 has been setting standards when it comes to trading platforms. Trust Capital does offer a legit version of MT4 but as you could’ve read in the reviews, this platform could be susceptible to manipulation.
Trust Capital offers users to trade FX majors, minors & exotics, cryptocurrencies, as well as CFDs on popular trading assets. Here’s an overview of Trust Capital’s trading instruments:
The broker’s trading costs vary for each account type. Thus, for the Trust Solo account, the spread starts as low as 0.9 pips with zero commissions on major asset classes. That’s pretty competitive.
As for the Trust Together account, the spread starts from 1.8 pips and the broker charges “applicable commissions” for CFD trading.
When it comes to different account types, Trust Capital offers two:
Beginners will find the minimum deposit too high but Trust Capital did include a free demo account. There’s no swap-free option, i.e. Islamic version of these accounts here, you have to request it by contacting Trust Capital, according to the T&C section.
The leverage caps at 1:30 for retail clients, as prescribed by ESMA and implemented by CySEC.
Yes. Trust Capital included a free demo account so that beginners could practice. Upon opening a demo account, you get a free 10,000 $ in virtual funds and access to MT4.
Always try things out first before opening a live account and investing real money, especially considering that Trust Capital’s initial deposit requirements aren’t low.
Trust Capital accepts a wide range of payment methods for account funding:
The minimum deposit is 250 $ but the fees may not be so favorable. Trust Capital’s fees range from up to 35 $ for wires, up to 3.9% for Skrill & Neteller, up to 5.4% for PayPal, and up to 2% for crypto. For card transactions, fees depend on Visa/MasterCard terms.
The Trust Capital withdrawal fees are a bit lower. Judging by client complaints, the withdrawal request processing time is long.
Take everything you’ve read in this review into account if you decide to trade with Trust Capital. Consider other brokers as well.
If Trust Capital violates any terms and conditions, please inform us as soon as possible. Global Fraud Protection is here to help you get your money back, if necessary.
Our team of experts has experience with bank chargebacks, recalls and advanced crypto-tracing software such as CipherTrace.
If this broker steals your money, contact us for help. The easiest and fastest way to book your free consultation with us is via Online Chat.
Trust Capital is regulated by a reputable authority in CySEC. However, traders have recently outlined many problems associated with this broker.
Yes, Trust Capital offers a free demo account and 10,000 $ in virtual funds.
Yes, Trust Capital’s MT4 has an Android and iOS mobile version.
They should be but if something bad happens, CySEC is there to offer you compensation of up to 20,000 EUR.
Trust Capital is regulated by a reputable authority in CySEC. However, traders have recently outlined many problems associated with this broker.
Yes, Trust Capital offers a free demo account and 10,000 $ in virtual funds.
Yes, Trust Capital’s MT4 has an Android and iOS mobile version.
They should be but if something bad happens, CySEC is there to offer you compensation of up to 20,000 EUR.
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