There are three trading accounts with this broker: a commission-free Standard one and two accounts with raw spreads that involve commission. All of them offer variable spreads, micro tradeable lots and No-Dealing-Desk trading on the renown MetaTrader 4.
Those who are ready to make an initial investment of 5 hundred bucks, can also use free VPS hosting.
The Company. Security of Funds
TRI Leading Trader (Trilt) is a forex and CFD broker, offering around 80 financial instruments for trade on the MT4 platform. Its website is available in English, Russian, French, and Arabic. The website and and the brokerage brand are operated by Trilt Ltd., a company licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). Accordingly, it is also authorized to provide its services across the EU under the MiFID passaporting regulations.
CySEC applies certain rules to license holders, such as: holding a minimum of €730 000 in net tangible assets, keeping client funds separately from the company’s operational assets, regularly reporting executed transactions and more.
In addition, all CySEC-regulated companies are members of the Investor Compensation Fund, covering a maximum of 20,000 EUR, in the event that a licensed brokerage becomes insolvent or ceases trading.
Minimum Initial Deposit
Trilt accounts require a minimum deposit of $100, which is a comparatively low amount to start trading with a well-regulated broker. Yet, others require even less – for example, major EU brokerage XM, demands only $5 from traders to start with.
Average Spreads & Commissions
The variable spreads of Trilt appear average for the forex industry, starting out at 1 pips on EUR/USD on commission-free accounts. Of course, trading costs are even lower on ECN Pro and VIP accounts, probably averaged around 1 pips on majors, but you have to make a larger initial investment.
By comparison, XM offers average spread of 0.1 pips on EUR/USD plus commission $5 per standard lot (per side) on its Zero account, accessible with just $100.
The maximum leverage with this broker is offered on the MT4 platform and is 1:400, which is considered high, yet many brokers offer similar ratios, or even higher. For example, the maximum leverage levels provided by XM are to 1:888.
Like most forex brokers, Trilt supports the most widely used forex trading platform – MetaTrader 4.
Its is probably because its charting potential is top-notch and there are thousands of newly created technical analysis indicators and automated trading systems available for it. Most experienced traders prefer the MT4 and usually newbies also find their way quite quickly around it.
Sadly, we could not log into Trilt’s MT4 for some reason and test its services.
Methods of Payment
Trilt offers its clients the following payment modes: bank wire, credit/debit cards and a number of e-wallets – Skrill, China UnionPay.
All withdrawals are processed by our back office within same day.
Trilt is a well-regulated STP broker, offering a wide range of financial products on the MT4 with competitive trading conditions.
Trilt Review Conclusion
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