TriumphFX is an online broker that provides financial and investment services to a global clientele. The broker offers online forex, metals, and CFDs trading to retail and institutional clients with a multi-bank liquidity feed to ensure that they can deliver reliable trade execution speeds and tight spreads, along with the flexible leverage options.
TriumphFx combines straight-through processing (STP), No-Dealing Desk (NDD) execution, Electronic Communication Networks (ECN), and stable high-quality price feeds from some of the largest financial institutions. The broker has won numerous industry awards, including the ‘Most Reliable Forex Broker of the Year 2017’, at the 21st International Investment and Financial Expo 2017.
TriumphFX Review Introduction
In this TriumphFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including TriumphFX.
TriumphFX Platforms & Tools
TriumphFX provides clients with the popular MT4 trading platform; it is widely known for being user-friendly and fully customizable, with an abundance of built-in tools for an efficient trading experience. The MT4 has a quick learning curve, which makes it easy enough for beginner traders to use, and it also has advanced functionalities to satisfy the more experienced investor. The TriumphFX MT4 platform is available as a desktop application for Windows and Mac computers, a WebTrader that runs directly in web browsers, and mobile apps for Android and iOS devices.
TriumphFX Research & Education
The broker’s website has a section dedicated to explaining some of the essentials of forex trading. It also has a forex glossary page that explains some of the most important forex trading terms. Other educational materials include the Forex Calendar and the TriumphFX Analysis.
TriumphFX Trading Accounts
The broker offers various trading account types to suit different trader’s needs. The main difference between each account type is the extra features they include.
Risk-free demo accounts are available which can be a good way to pratice trading online with virtual funds.
TriumphFX Account Funding
TriumphFX has a variety of convenient methods for depositing and withdrawing funds from your trading account, and they include wire transfer, credit/debit cards, Neteller and Skrill. However, some methods may only be available to specific countries, while the transaction processing time depends on the payment method used.
TriumphFX Customer Service
The broker’s customer service can be contacted via email, telephone and by completing an online form.
TriumphFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) for its operations in Europe. Clients can get negative balance protection.
TriumphFX Review Summary
TriumphFX is a regulated online broker. They offer a good range of tradable assets, including many currency pairs, for trading via the popular MT4 platform. The broker provides a good selection of educational resources for beginners and the more experienced traders.
It is worth mentioning that some of the trading products and services in this TriumphFX review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the TriumphFX broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.