TryMarkets Journal (Broker out of business)

Journal status: closed
TryMarkets out of business
TryMarkets Profile
Website
trymarkets.com
Year
2015
Country
Belize
Branches
1
Regulation
FSC Belize
Registration
FSC Belize
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Belgium, France, Iran, Israel, Japan, North Korea, Sudan, US
Broker type
STP
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
10
LPs quality
Tier-1 Banks
LPs names
BNP Paribas, Bank of America, Barclays, Citibank, Credit Suisse, Deutsche Bank, HSBC, Morgan Stanley, RBS, UBS

TryMarkets Accounts
STP
Minimum Deposit
500 $
Leverage
500 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.9 pips
Commission
0 $/lotRT
Volume
...
Margin Call
100 %
Stop Out
30 %
Execution
Market
Spread
floating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 12 months
Update broker

Is TryMarkets safe?

  • Investor protection: no
  • Regulation: FSC Belize
  • Registration: FSC Belize
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is TryMarkets trusted?

  • Information transparency: sufficient ★★★
  • Customer service: not so helpful ★★
  • TryMarkets website: poor, outdated
  • TryMarkets popularity (by visitor count): low visits ★★

How TryMarkets works



STP/DMA execution model
No dealing desk interventions


The Company acts as an agent on the Client’s behalf. The Company does not execute the Client Order as a principal to principal against the Client, i.e. the Company is not the Execution Venue for the execution of the Client’s CFD. Therefore, the Company transmits Client Orders or arranges for their execution with the third party liquidity providers it is collaborating with.
If the Company notice any Scalping activity or other high-speed trading activity, the trading account of the Client shall be disabled without prior notice.



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