Trading Instruments Problems
The range of account types is impressive, and there are actually more options available than what you see on the official website. Once you register, you'll discover an even wider ion to choose from. However, it's a bit disappointing that most of the payment methods come with withdrawal commissions. This pushed me to opt for cryptocurrencies as my preferred choice.
Game-Changer in Mobile Trading
The FBS Trader app offers a seamless experience on the go. It allows me to efficiently execute trades, monitor positions, and quickly access trading instruments. The app's design and advanced charting tools provide valuable insights for making trades on the go. However, I wonder why this exceptional trading app is only available for the Standard account.
It's truly disheartening to see the crypto coin TriumphFX introduced, which we invested in six months ago, plummet from 80 cents to a mere 2 cents.
Compounding the issue, the company converted all our USD into this now practically worthless coin.
Consequently, countless customers find themselves trapped with hundreds of thousands of dollars stuck in this investment, unable to withdraw their funds.
Unless you wish to witness the devaluation of your dollar from one to two cents, the situation is undeniably distressing.
It's extremely disappointing to witness the coin settlement being extended to investors who bought into Triumph at a ratio other than 1:1. This unfair conduct has caused individuals like myself to suffer financial losses. It wouldn't be difficult for Triumph to implement a restriction on the coin settlement, exclusively benefiting those who invested at the promised 1:1 ratio. It's disheartening to suspect that Triumph is silently favoring their family and friends by granting them exclusive access to this settlement. Unfortunately, it appears that this is indeed the case.
Overall, this is actually a very good broker. I have been trading with them for quite a while, three years to be exact. But, during that time, I was only focusing on forex trading, and I haven't actually tried trading other instruments. I recently added cryptocurrency to my portfolio, but I was surprised to find how bad the situation was. In my opinion, they should behave like proper and professional brokers. I tried to withdraw my funds via crypto, and I was told by customer services that it would take 72 hours to get them. I mean, it's crypto. The price can change at any second. This is not what a professional broker would do.
Does TriumphFX offers any kinds of metal indices?
Does anyone know if TriumphFX offers any kinds of metal indices? I have checked the official website and I saw that they offer gold and silver as well. I was hoping that they might have other metals to trade with but doesn't list them on their website. A lot of people have been saying that this broker is reliable so I kind of want to try my luck here. Thanks.
Overall it is a very good broker for beginners or...
Overall it is a very good broker for beginners or for people who generally love simplicity. It offers a great learning experience and analytics training module. It also has one of the best execution speeds which I am very satisfied with! I would love to give them 5 stars, but there are several things that I wish they have.
1. Wire transfer posibility.
2. ETF products.
If they have these two features, FBS would be even better than any other broker in its class.
I highly recommend this broker for those who are looking...
I highly recommend this broker for those who are looking to try copy trading. I have tried their Community Trading Program for a little over a month, which allows you to copy trades from professionals. It allows beginners to enter the markets easily. On the other hand, professionals can make great money using these features. However, it's really sad that they don't have crypto and CFDs on stocks. While I don't really trade stocks, I take a great interest in cryptocurrencies. So it's really sad that they don't thave these options.
Problems Category
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Deposit and Withdrawal (70)
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Customer Support (37)
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Order Execution (26)
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Trading Accounts (18)
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Spreads and Commissions (17)
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Trading Platforms (12)
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Trading Instruments (9)
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Scam (7)
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Education (7)
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Slippages and Requotes (7)
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Automatic Trading (6)
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Regulation and Security (6)
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Trading Tools (3)
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Leverage (3)
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Trading cost (3)
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Bonuses and Promotions (3)
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Other (3)
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Broker Features (2)
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service (1)
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Demo Accounts (1)
- More
I love their crypto trading
Great ion of account types. In fact, there are even more options available than what you'll see on the official website, so just sign up, and you'll have a wide range to choose from.
The only downside is that most payment methods come with withdrawal fees. That's why I ended up going with cryptocurrencies.