If you’re looking for an alternative to the stock exchange, you should consider TriumphFX. This Forex brokerage is based in Cyprus but offers trading services to traders all around the world. In this Triumph FX review we’ll take a quick look at how this foreign currency exchange broker provides traders with an impressive range of advantages.
The best thing about triumph FX is that it has a very low minimum deposit requirement. If you’re new to the FX market, then having a minimum deposit is essential. You need to ensure that you have a substantial investment to ensure you have room to grow – and with a low minimum deposit you can start out smaller than most if you wish. With their low minimum deposit they also offer free practice accounts and a rapid account growth indicator.
Their website does not hide the fact that they have one of the lowest pips out there. The reason for their low minimum deposit is the following. Their risk management system enables them to offer a 100% approval rate on deposits. This means your risks are extremely low, which means that your lips will be higher. This does not come cheap!
TriumphFX Exiting Features
Customer support system
Triumph FX has an excellent customer support system. Their online chat is absolutely free, and they even have a toll free phone support when you need it. When I had a question about deposits or withdrawal, their customer service people were fast to help me. They were also helpful when I was unable to log into my account from abroad. Their technical team is also top class, with friendly staff that I can trust.
As Trading platform
When it comes to trading platform, triumph FX has the most responsive software system out there. Their web interface is simple to navigate and is compatible with all major credit cards and PayPal. This means that you can process your customer support deposits and transfers right from your triumph FX trading platform. Triumph FX is truly set out to provide the easiest and most cost effective brokerage experience out there.
With a proven winning streak, I wouldn’t be surprised if triumph FX reached the top three of the best online brokers this year. There is no doubt that the team behind triumph FX is doing a great job keeping traders happy with their award winning service. If you are looking for a super trader that can help you achieve success with ease, then look no further than triumph FX.
One of the best features that I found about triumph FX was that they offer two different ways for traders to manage their accounts. Traders can use either a standard direct deposit account or a mini trading account. This is both a great and a bad thing together. While it is nice for traders to have the ability to transfer their funds immediately, it takes away some of the control from them and makes managing their account a bit more complicated.
Even though most brokers make you add money to your account to fund your trades, Triumph FX has made an exception and does not charge a monthly wire transfer intermediary bank charges. This means that you do not have to pay additional fees to fund your account. Triumph FX also has no minimum leverage levels, which is a welcome feature for new traders that want to try out a higher amount of leverage before moving up to lower amounts. Triumph FX also has no minimum monthly account fees, which is nice for clients that do not need to get a lot of money in their account each month.