1. What is TriumphFX?
  2. Is TriumphFX safe or a scam?
  3. Leverage
  4. Accounts
  5. Market Instruments
  6. Trading Fees
  7. Deposits and Withdrawals
  8. Trading Platform
  9. Customer Support
  10. Education
  11. Conclusion

Our Review Method

  • 55Brokers Forex experts with over 10 years experience in Trading checked trading offering including instruuments range, fees, platforms, verified licenses, contacted customer service and placed traders to check trading conditions and give expert opinion about TriumphFX

What is TriumphFX?

TriumphFX is a Cyprus brokerage firm and Forex Broker that provides access to trading and investment solutions through its regulated environment and quite competitive conditions. The broker operates since 2010 and has shown its professional approach to investors, traders and institutions by providing NDD and STP model of order processing based on price feeds from the largest providers.

How does TriumphFX work?

TriumphFX operates as an international Forex broker providing trading access via its entities in Europe and international ones.

From its establishment TriumphFX main aim was to democratize Forex trading and make it available for any investor, despite experience or amount of money, for that strive TriumphFX offers a range of account types suitable for beginners or veteran traders, with a good platform to execute orders and quality support from the broker, as well as educational materials.

TriumphFX Pros and Cons

TriumphFx is a CySEC regulated broker with a good trading platform, pleasant costs and spreads, also provides easy account opening with various funding methods supported, which we mention as good overall.

However, some of the downsides could be limited education materials, as well as instruments, since the range offers only Forex and Precious metals, and withdrawal adds on fees. Besides, we saw in history TriumphFX lost its CySEC license for a while, so the main offering comes from its international branches with quite law regulations, so it is better to check the conditions fully.

Broker with good record and establishment under European lawsSupport not available 24/7
Low Forex fees and good conditionsNo Stocks trading, limited number of instruments
Mainstay on customer popular MT4Conditions vary according to brokers’ regulation
In-house analysis free of chargeWithdrawals are not free
Dedicated Support and account managerIn the past Broker lost its CySEC license
Professional and regular accounts

TriumphFX - official website

TriumphFX Review Summary in 10 Points
🏢 HeadquartersCyprus
🗺️ RegulationCySEC, FSC, FSA
📉 InstrumentsForex and precious Metals
🖥 PlatformsMT4
💰 EUR/USD Spread0.6 pips
🎮 Demo AccountIncluded
💰 Base currenciesSeveral currencies offered
💳 Minimum deposit100$
📚 EducationMarket Analysis, News and Economic Calendar with research
☎ Customer Support24/5

Overall TriumphFX Ranking

Based on our Expert findings with over 10 years of Forex Trading experience, TriumphFX might be an interesting broker to trade with, due to its good costs and platforms provided.

  • TriumphFX Overall Ranking is 7 out of 10 based on our testing and compared to 500 other brokers, see Ranking below compared to other popular and industry Leading Brokers.
RankingTriumphFX FortradeAvaTrade
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐

TriumphFX Alternative Brokers

All in all Triumph is a considerable broker for various size and strategy traders. However, since Broker lost its CySEC license in the past there are some concerns if international proposal is transparent enough. Even though regulation is now active again, it would be good to check details about offering itself or check for Alternative Brokers with good history and reputation, see our Ranking below:

See detailed Alternative Broker Reviews:

  • AvaTrade – Good for Currency trading
  • Fortrade – Good Currency Trading
  • BDSwiss – Advanced Proposal overall
  • FXTM – Good for Beginners

Is TriumphFX scam or safe Broker?

No, TriumphFX is not a scam it is considered safe under its CySEC entity, however it is better to stay alerted in case any changes occured, also better to avoid trading via its offshore entity due to low requirements. When it comes to online trading, security is paramount to understanding that your capital is secured and protected by the law and regulations.

See our conclusion on TriumphFX Trust:

  • Our Ranked TriumphFX Trust Score is 7 out 0f 10 for years of operation and good service under CySEC license. However, since mainly international entity based offshore serves clients worldwide and spot on history of the lost license some concerns about TrirumphFX are valid
TriumphFX Strong pointsTriumphFX Weak points
CySEC regulated international brokerInternational proposal performed via offshore entity
Global coverage and proposal with crossborder authorizationBroker lost its CySEC license in the past
Accepting EU clients
Negative Balance Protection

Is TriumphFX legit?

As TriumphFX was established in Cyprus before it starts its operation legally the firm received a license from CySEC, a local authority that regulates Forex business and firms operating within the financial investment industry. In simple words, it means the broker fully establishes its business according to necessary laws and principles of operation, eventually dedicated to protecting clients and enabling market integrity.

  • TriumphFX as a regulated broker and overseen Forex broker, which can be fined in case any laws or rules are not maintained which in reverse brings you, as a trader, a safe trading environment. In addition, TriumphFX as any other regulated by CySEC broker participates into a compensation scheme that covers clients’ accounts in case of the company insolvency.

Also, CySEC regulatory standards are fully aligned with the European MiFID directive which also enables TriumphFX to offer its service within the EEA zone and beyond. However, it doesn not mean Broker can accept traders from all around the world, for example it is not true TriumphFX legal in Malaysia, meaning Malaysia Traders can open accounts only under TriumphFX international entity but not Cyprus one

International trading TriumphFX vs TFXI

There are certain differences between Internatioanl and top-tier regulated eneitites, as we  see international proposal of Triumph FX running through additional offices in Vanuatu and BVI, or Triumph Int. Limited under the domain https://www.tfxi.com/. Where the trading conditions are different, also with applicable laws and regulations which are rather low and do not provide the necessary safety to provide good trading conditions.

It was always quite risky to trade with offshore zones, since TFXI scam might appear, and we should definitely conclude and mention that trading with Triumph Int. The limited subsidiary or TFXI trading is not fully safe, so we advise open account under European entity if available for better safety and better do not use TFXI login for better safety.

TriumphFX license


TriumphFX Reviews shows that brokers’ leverage ratios are set to a standard level allowed for European traders since ESMA significantly restricts the use of leverage for retail traders. Therefore, the maximum level is set to a

  • 1:30 for major currency pairs and even lower for other instruments

And of course, we advise to learn how to use leverage smartly in order not to fall under inefficient risks.

In case you are a professional trader, there is availability to access high leverage ratios like 1:500, which is available once the status is proved, also via the international entity since regulation is different traders can sign for higher leverage, yet we would advise to learn all risks well.

Account Types

There are three account types designed by TriumphFX – Standard, Gold and Premium. All accounts feature quite competitive trading conditions and available services, while higher grade account will add on extra benefits for traders. Alike Gold account users may benefit from Webinars held by TriumphFX and Premium traders getting Markets Analysis 1 vs 1, etc. Which all in all makes TriumpFX offering of account types a quite good one, with plesunt selection between suitable conditions.

See our findings below and snapshot of account types:

Fast digital account openingNo ECN trading
Three Accounts offered
Demo Account
Variable spread accounts

TriumphFX accounts


The range of markets available at TriumphFX includes Forex and Metals like Gold and Silver, where currencies transacted across the centralized market through numerous liquidity providers TriumphFX works with. However, this range is rather limited,  means broker places its focus soelly on Forex trading, so if you wish to trade Stocks, Futures or more Commodities check out other regulated broker reviews better.

  • TriumphFX Instrument Selection Score is 6 out 0f 10 for good selection of Currency and Metals trading, yet this is all that offered, so there is no diversification to trade Indices, ETFs or Shares

TriumphFX instruments

Triumph FX Fees

TriumphFX defined its pricing on low spreads and a fractional trading basis, so you will benefit from better pricing also performed with trading process consistency TriumphFX provides.

Find on Forex fees

Generally, fees or spread depend on the account type as higher grade accounts may feature some discounts, yet starting from 0.1 pip.

See some of the TriumphFX spread examples below, also you may compare fees to another popular broker Pepperstone. And of course, always consider rollover or overnight fee as a cost, which is about 2.5% fee or refunds depending on the direction of the position you take.

  • TriumphFX Fees are ranked average and low levels with overall rating 8 out of 10 based on our testing and compared to over 500 other brokers. Fees might be different based on entity too.
Trading Fees of TriumphFX vs Similar Brokers
Asset/ PairTriumphFX FeesFortrade FeesAvaTrade Fees
EUR USD0.6 pips2 pips1.3 pips
Gold2.2 pips4540
Inactivity FeeYesYesYes
Fee rankingLowHighAverage

Spread Conditions for Currency Trading:

TriumphFX spread

Deposit and Withdrawals

Another very important part to cover in our TriumphFX review is how to transfer money from or to your trading account. Eventually, all account management happens through an online field, which is very comfortable, while TriumphFX allows processing the transaction via Cards, Bank Wire or Skrill, Neteller.

  • TriumphFX Funding Methods we ranked Goood with overall rating 9 out of 10. Minimum deposit is among competitive range, also deposit Fees are either none or very small, besides range of supported funding methods is good, yet verify all conditions based on your country

Here are good and negative points to consider for TriumphFX funding:

TriumphFX AdvantageTriumphFX Disadvantage
No deposit feesMinimum deposit and conditions vary according to the entity
Low deposit requirementWithdrawals add on fees
Wide range of payment methods

What is the minimum deposit for TriumphFX?

TriumphFX minimum deposit amount is 100$ for the first grade STP account at Rubix, while other accounts deploy higher levels of first deposits, considered a good level among industry.

TriumphFX minimum deposit vs other brokers

TriumphFX Most Other Brokers
Minimum Deposit $100 $500

TriumphFX Withdrawal

Considering TriumpfFX money withdrawal and transfer fees, make sure to check conditions in detail with the payment provider and broker respectively as various jurisdictions may apply different rules due to international policies. Overall, TriumphFX defines no commission for deposits via Bank wire and e-wallets, while Card payment will add on 3$ fee.

Yet, Withdrawals will occur some fees, which are waived by the payment provider himself and remain your responsibility, see terms below.

TriumphFX funds withdrawal

Trading Platforms

The market leader MetaTrader4 will be the platform if you decide trading with TriumphFX. This choice is not a surprise or something negative, since the majority of world traders retail or professionals using this technology and software, even though the platform look is a bit outdated. Besides, there are numerous add-ons, tools and additional features to enhance capabilities. Also, trading with TriumphFX technology based on STP execution you will also be able to deploy a strategy that works best for you.

  • TriumphFX Platform is ranked Good with overall rating 6 out of 10 compared to over 500 other brokers. There is no selection between platforms, MT4 is slightly outdated design even though is a popular platform, so no choice offered by TriumphFX for platforms
Trading Platform Comparison to Other Brokers
PlatformsTriumphFX FortradeAvaTrade
Own PlatformNoYesYes
Mobile AppsYesYesYes

Triumph Online Web Platforms

MT4 provided by the broker available in various versions, so you can either use it directly from your browser on Web Platform and trade through simplified conditions and tools. Or for extensive strategies full range of tools go for desktop platforms, along with the mobile app allowing you to say updated on the go.

Desktop Platform

Obviously, MT4 is not the same if you will compare software between two brokers, as the company decides if to add extra features or not, include some of the capabilities or not, as well as make it available for free or with extra charge. Eventually, TriumphFX made MT4 upgraded versions available for all its users free of charge, see our test snapshotot below.

Also, there are different versions suitable for any device, so you remain updated from any location or on-the-go with automated trading capabilities or manual strategies, or by using MetaTrader Terminal for Money managers.

TriumphFX Platform

Customer Support

Lastly, we checked Customer Support, since in case there are any issues you have to respolve it prominently and professionally. TriumphFX supports its clients in various ways, however available only through working hours with its Cyprus office. Even though, the team is not available 24/7 or on weekends, we found its answers quick and relevant via Live chat or phone lines.

  • Customer Support in TriumphFX is ranked Good with overall rating 8 out of 10 based on our testing. Support provides relevant answers, also is available 24/7 whcih is a plus for fast answers

See our Ranking of Customer Service:

Quality customer support with live chatSupport not available 24/7
Fast response within working hours
Multilingual support


As for the education and learning materials, we found through our TriumphFX Review limited range of learning courses or videos.

You will find Forex Essentials, Forex Glossary, Economic Calendar and research tools with in-house designed Analysis and News feed. Eventually, that is all what available so for beginners we would recommend signing with a third-party provider or choose another broker for an extensive course to understand trading from the scratch.

  • TrirumphFX Education overall rating 6 out of 10 based on our research. There are much more organized and professional Education materials with Academy and Webinars provided by other brokers like Trading212 or HFM, while TriumphFX education is rather limited.

TriumphFX analysis

TriumphFX Review Conclusion

For final TriumphFX review thoughts, the broker provides balanced conditions suitable either for beginning or professional traders. The broker uses technology and pricing strategy smartly, so TriumphFX has all the necessary conditions for your successful trading performance either it is powerful conditions or support from the company. The spreads are low considered to other brokers in industry and platforms are quite good too.

TFXI Review

Yet, the are some negative points too, like limited range of instruments, education is rather basic, also there are quite a lot of negative experience reviews from traders’ community mainly for TFXI Review, besides the fact that broker lost its Cyprus European license for a while, which makes proposal even more questionable.

So all in all, we recommend double check whether TriumphFX is choice for you, also better to open an account under CySEC entity and avoid its international for safety reasons. Or consider other Brokers like FXTM, HotForex or Pepperstone that provide excellent conditions and good reputation too.

Based on Our findings and Financial Expert Opinion TriumphFX is Good for:

  • Currency Trading
  • Traders who prefer MT4 platform
  • Beginning or Advanced Traders
  • CFD Trading
  • Good Tools for Trading

TriumphFX Updates

There are records that TriumpFX was not available with CySEC license therefore for EU traders for some time being, so lost its licenses due to some failor to achieve reccomended levels of safety and operation.

However, Cyprus regulated offering via triumphfx.com website is available again for now. The broker has retained the CySEC license. Anyway, we recommend staying alert and doing your own research about TriumpFX before signing in with the broker and for better safety do not trade with International entities Triumph provides.

  • Forex Trading: Why Trade with Cyprus Securities and Exchange Commission CySEC Brokers What is CySEC? Why trade with a CySEC-regulated broker? CySEC Brokers Requirements and Regulation Regulatory Complaint List of Regulated Forex Brokers Conclusion to CySEC Introduction to CySEC What is CySEC? Cyprus Securities and Exchange Commission (CySEC) was launched in 2001 as an interdependent...

    Read more

157 responses to “TriumphFX”

  1. Scam, after advising me to make a huge
    deposit, now no answer to my calls or emails
    anymore, 8200$ gone.. I saw a review of
    how to get help with olivia trader 44 at gmail,com, on google and I got in contact with
    them and my money was retrieved back to
    me. contact them through their if
    you need help too

    • this olivia trader 44 at gmail dot com, is the person real? i read online that some asset retriever providers are also scammer themselves. i tried asking for help from RecoupX and before anything, they asked for 1 lumpsum of payment to help retrieve the money from TriumphFX. My money is still stuck in TriumphFX. If i withdraw it now, i basically lose all my investment 🙁

  2. What is your view on the value of the coin now? The value is less than USDT 1. Will it increase its value back to USDT 1 as promised. Do you still find the future with Triumphfx?

    • Mohon bantuannya Pak/Bu. Bagaimana saya bisa menarik koin TFX saya ke bank saya? Saya sudah mencoba setiap hari ikut Coin settlemen, tapi tidak pernah berhasil approved.🙏😥😥😥

      Padahal Saya sangat membutuhkan uang untuk biaya operasi istriku dirumah tolong bantu saya 😥😥

  3. Anyone know when will Triumph fx implement TFX coin..?
    Secondly, Why Triumph Fx wanted to implement TFX Coin since usdt withdrawal also take time…?

    • TFX Coin will be implemented on 5th of December

      The reason for this implementation is to provide quicker withdrawal of profit. Normal withdrawals would take around 7-14 working days. With the introduction of TFX coin, withdrawal would be done through USDT using blockchain technology (quicker withdrawals), USDT transfer from TXFI to your own wallet can be done within the same day

  4. Anyone knows for withdrawal if it could be done via Wise? Is it possible to withdraw in EURO currency as Wise has the option to do so. Thanks in advance

  5. I am a Malaysian trying to make a withdrawal from Triumph. To use Fiat or ERC20 blockchain or TRC20 blockchain ? Can we just use a local bank Account ? If so, just leave the section of International Bank Account Number (IBAN) blank ?

  6. Hi Soo, been investing with them since 2020, they are a regulated entity, trades are transparent. so far i do not have any problem.

  7. Is this the original Triumph FX ?
    TRIUMPH INT. (SC) LIMITED is a company incorporated in the Republic of Seychelles bearing registration number 8428698-1.

  8. Very bad support for TFXI, no respond when support ticket is created. They just leave it open until the ticket is expired. As this is an investment that involve money, weak support will make people scare to invest and worry is a scam.

    If TFXI still didn’t make initiative to improve their support team, people will lost confident with TFXI.

  9. Hi guys, what if the “Fund Manager” shuts down or decides to close? Will we be able to retrieve our investments? Who has full control of our funds?

    • TXFI has control of our funds because our funds are with TXFI, not the fund managers. The are rules and regulations attached between the fund managers and TXFI.

    • There’s one Fund Manager called Victoria Trader since 2017…..they were trading & profiting for investors. In 2021 October, the trader decided to close the fund & stop trading due to retirement.

      All funds were returned & refunded to investors after its closure.

      So I suppose this scenario did answer your question.

      • Thanks so much Don for your answers above. it helps me a lot to clear what I am always concerned about so far.

  10. Hi, i have just started investing with tfxi/triumph fx recently. Been seeing the profits for 2 cycles already but haven’t withdraw as my plan is to reinvest it back.

    Just wondering if the news in Singapore is true regarding the scam? Because it seems like these people are using a similar name, and used the broker tfxi as the platform. Hope to hear from those who have been investing for more than couple of years so i could have a peace of mind.

    Also I’ve taken a look at Alexa ranking of the website on Alexa, seems like most of the traffic is from Malaysia. If the invesment claims to be international, seems a bit odd that the traffic is mostly from Malaysia. Hope to get some clarity.

    Web rank in Alexa:

    • Rouqe, here are some facts that I’ve researched so far.
      The scam in Singapore & Hong Kong that were mentioned by many were Triumph Global Asia Limited. Not TriumphFx. They’re 2 different company with almost similar name. Infact, there are plenty scams such as Triumph Official, Triumphi Fx, Triumph Defi etc. Just because Triumph Global Asia Limited stood out to be a larger scam, many thought it is the same with TFXI.

      Secondly, regards to Alexa ranking. TFXI is indeed growing rapidly in South East Asia particularly Malaysia. As the Fund Management Program of the broker were first started from South East Asia. TriumphFx Cyprus (www.triumphfx.com) are more towards European Countries. So it depends on which one you’re mentioning. tfxi.com (Seychelles) or triumphfx.com (Cyprus)

      • Thanks Don, really appreciate the reply. If there is an investors Telegram or WhatsApp group, would be great to get on board. Good to know any latest news or updates regarding fund managers or the platforms. Hv a great day ahead

        • Would be great to get in touch! Tho, I’m not sure if this review site allows me to post certain personal information. Is there any way we could keep in touch?

        • Hi you can pm me at telegram Des07 and will guide you on registering an account and attached your funds to their fund manager

  11. I heard that TriumphFx is arranging a trip to Cyprus for their Leadership Summit 2023 somewhere around March next year. This event are only for those Fund Managers that are qualified. My question, is this the first time they arrange such event?

    • Nope. They have been organizing such events since 2015 or 2016 if not mistaken. Italy, Bangkok, Europe, Cyprus trip. All around the world.

  12. info given by Don above is correct.

    i started invest with Triumph FX since 2014 till today, and i been going through all these.

    Legit link for fund management
    tfxi.com (you may need VPN/google DNS now)

    tfxi2.com or tfxi3.com (alternate link for country block tfxi.com IP), now discontinued

    tfxi.sc (current using after Seychelles license take in place)


    http://www.triumphfx.com under CYSEC for self trading.

    so avoid fall into scammer website which name similarly triumphfx.

    happy investing.

      • info given by Don above is correct.

        i started invest with Triumph FX since 2014 till today, and i been going through all these.

        Legit link for fund management
        tfxi.com (you may need VPN/google DNS now)

        tfxi2.com or tfxi3.com (alternate link for country block tfxi.com IP), now discontinued

        tfxi.sc (current using after Seychelles license take in place)


        http://www.triumphfx.com under CYSEC for self trading.

        so avoid fall into scammer website which name similarly triumphfx.

        happy investing.

  13. They are the same company with the same branding and logo. Non-Euro investors i.e Malaysia, Indo, SG, Aus all of us trade or invest via a managed fund or called as PAMM model. The PAMM model is not supported via the cysec license, therefore TriumphFX to tap into the Asian market leverage the Seychelles license (before Vanuatu license). Also the leverage. Seychelles license would allow the leverage of 1:500 or more.

    Understand that both are licensed and regulated, Tier 2 and Tier 3 countries respectively.

  14. i have joined investment in triumph fx fund manager since 2017, so far so good,, they had given me a ton of money,,i get more than 140% profit,, ive taken out my capital and put in my profit to generate more, i dont see triumph fx is a scam for now,, but who know in the future..

  15. Sam, thank you for your reply! SGD10 is for which bank? Is it different bank charge differently? And, does SGD10 of bank charges is fixed regardless of any withdrawal amount?

    • SGD 10 referring to UOB bank SG, my other friend using DBS seems lower than 10sgd fees from her calculation.

      the fees should be charge based.on per withdrawing.

  16. Hi, what obot this? Our license.
    Triumph Int. (SC) Limited is regulated by the Financial Services Authority (FSA) of Republic of Seychelles as a “Securities Dealer” bearing license number SD080.

    It is from Republic of Seychelles or Cyprus?

  17. Hi, does anyone do the withdrawal via transfer to Singapore bank before? Mind to share below?

    1)Can advice what type of the charges incurred and how much?

    2) Would there be a different in bank charges rate depending on how big of the withdrawal amount? Eg. If withdraw USD1k will need to pay bank charges USD25, USD25 to pay USD40 etc.

    3) How long it takes for the money to arrive to our trading account?

    4) How to check the exchange rate used by the bank? Able to check when we submit withdrawal request?

    Appreciate your reply!

    • around 10sgd fees, withdrawal 1445 USD withdrawal to SG account takes 1 day to reach SG bank account amount received is 1930SGD

      normally the rate follow bank BUY rate which is reasonable rate.

      • Sam, thank you for your reply! SGD10 is for which bank? Is it different bank charge different rate? Btw SGD10 of bank charges is fixed regardless of any withdrawal amount?

    • I help my client performed withdrawal 1000 USD to DBS SG. It took 2 days for withdrawal (Tuesday withdraw, Thursday got the money)

      My client got 1300SGD in his DBS SG bank account🤗

    • Hi. I have done few withdrawal request from Triumphfx. Each took about 3-5 working days. The longest one i have encountered was during a major festive season, and it took around 2 weeks to get deposited into my DBS account. However, one thing kept me asking, the transfer was done by someone with a Thai name the first few time, and then subsequently it was from a chinese name. Anyone encounter the same thing?

  18. Had been observed for half a year and finally invested since Nov 2021 into Fund Management System. So far received one cycle of profits and continuing… But i heard quite a numbers of ppl has been received the profits many year ago without missed. If this is a scam, will they put so long time to bait you? To me, i just think the Fund Manager should be doing extremely good job in order to achieve this. As long as the win trade ratio is about 70%, i guess a profit of 7% every cycle should be quite promising. So worth to try may be a small amount first for beginners.

  19. Hi, anyone can explain why Triumphfx tfxi.com is placed under investor alert list of Sin,Mal & Ind. financial authority?

  20. I started investing in Sept 2021 and has been generating a constant average of 7% returned a month without fail.

  21. If TFXI Granted License from Seychelles Financial Services Authority (FSA) Security Dealer License .

    Understand our Fund are segregate & protected.
    If one day Tfxi Close How much USD per investor or Per fund manager can complaint & get refund of invested capital with Seychelles Financial Services Authority (FSA) Security?

    25,000 USD?

  22. I had done an online transfer this morning but the the amount take so long almost 8 hours and yet to be credited into trader room account, anyone know the reason why the amount is still pending for review ?

  23. Woi.. sadar aja, nga usah keren pake bahasa inggris, ini pemainnya rata2 orang indo, malay dan sekitarnya saja.. sindikat yang biasa itu mirip2 MIA lar..

  24. Oop Triumphfx
    I have invested in the company since 2019 and making.

    I did not realize until you inform me Triumphfx is a scam broker.

    But I have already made almost 200% from my invested funds. Can you please explain how a scam broker allows investors to make money?

    Thank you

  25. so much confusion. continue doing due diligence. It may be good to clear confusion with the person who referred you to the business. Thanks

  26. For people that are asking why Vanuatu License was deregistered on May 2021, TriumphFx (TFXI) has already obtained Seychelles Financial Service Authority (FSA) License since March 2021. Offices were already set up in Seychelles & license has already approved.

    The only thing we are waiting is the license number. Was told that Seychelles FSA CEO passed away during March 2021 (You can google about it, its true)…..hence, there has been delays of obtaining the license number.

    On July 2021, TFXI legal officers have re-notify Seychelles FSA to looking into providing the license number.

    Hope that answers all your doubts

  27. hi there, I asked around and it seems that tfxi.com is using a seychelles license to replace the vanuatu one. Is there anyone who can confirm this?

    • License no. SD080 issued by the Financial Services Authority of Republic of Seychelles. Currently valid from 14 Sep 2021 to 13 Sep 2021.

  28. Hi all, does anyone have any comments on TriumphFX (www.tfxi.com or http://www.tfxi2.com) and its relationship to Triumph Global (Asia) Limited? I am trying to find out if they are the same company.

    I came across these news articles stating someone called Leong Koon Wah (Hermes Leong), the founder of Singliworld (a now shut-down scam forex company) is also the owner of Triumph Global (Asia) Limited. As far as I know, Hermes Leong is currently facing jail time and huge fines for his involvement with Singliworld.



    According to the Hong Kong Securities and Futures Commission, TriumphFX (www.tfxi.com) and Triumph Global (Asia) Limited are the same company- and they are on their alert list https://www.sfc.hk/en/alert-list/1430

    If the scammer Hermes Leong is also behind TriumphFX, this is obviously a huge red flag.

        • The domain in blocked by Malaysian Internet provider. You may use vpn to log in tfxi.com
          Tfxi2 and tfxi2 was created to overcome the block done by Malaysian Internet Provider
          Nothing to be alarmed as Malaysia is always blocking ways for us to make money under the radar, e.g Binance

  29. Hi,im new to this triumphfx, recently join their trading community to copy some good provider’s trades. But i found out that my lot size is different with them, this is because of my margin is lower than their trading margin? and can i ask what’s the different on choosing margin or specific lot size before you subscribe the provider? thanks

    • Firstly there are plenty of clone websites for triumphfx

      we need to first verify the legitimate website

      there are 3 I’ve found to claim to be legitimate


      If anyone could find out or proof which is legitimate then we can find out the licencing or verify licence is simple. All I’ve gathered so far the webpage link owner information are private so you won’t be able to see if the company owner.

      Any advise

  30. Hi Impy,
    You can browse to the homepage of both triumphfx.com and tfxi.com. Scroll to the bottom of the page to realize triumphfx.com is regulated under Cyprus license while tfxi.com is regulated under Vanuatu license.

    • Thanks for the clarification Peter. However you did raise a very good point. I heard that they’re scrambling to get a new license but that’s just hearsay. Surprisingly they have kept mum about it too.

      Additionally I’m not sure why tfxi kept on showing their Cyprus entity license in their promotional videos/presentations/website. Tfxi and TriumphFX are 2 separate businesses and the license are not shareable between the two. Is it just to mislead the future investors? Or am I mistaken about the license thing?

      • Triumphfx.com is for retail traders, while tfxi is for financial management and pamm

        Triumphfx is regulated under cysec while tfxi has recently obtained Seychelles fsa licence

  31. Thoughts on it being deregistered on Vanuatu Financial Services Commission on 21/05/2021? How are they being regulated now?

  32. Hi Alex, how long does it usually take for the money you withdraw to arrive in your bank account? I have withdrawn some money but nothing has arrived in my bank account and it has been 1.5 weeks. I sent 2 support tickets, radio silence. I managed to withdraw a much smaller amount last time and it took 3 days but unsure why it is a very different experience now that the amount is much larger. It seems like everyone is very helpful until it comes to withdrawing money. This does not look good.

  33. The Website make sure it is
    tfxi.com or tfxi2.com
    both are official Triumph FX Website.

    Then your money will be 100% safe, i have been doing withdrawal more than 6years in this genuine website. Profit already taken back more than my capital invested.

    Those got scammed i can 100% guaranteed they invested into other scam website which similar name.

    Hope this anwswer ur concerns. Cheers

  34. seriously if you saying “triumphantexchange” then you are not really been to Triumphfx yet. I am an investor since 2018 and i tried 1 withdrawal before and i was credited in 2 days. Now i am thinking to adding more capital to it so been browsing around for more info.

  35. It,s a scam. 100%. If you’re thinking about trading online, DO NOT join triumphantexchange. They’re thieves. I joined in February and when I wanted to make a withdrawal they blocked my Acc and asked me for 10 percent deposit again before. When I asked to call the operator by video, they used a video of someone else through another phone but with no voice. Don’t waste your money on them.

  36. This is scam. They let me invest. When i widraw i need to pay 10% and after i pay the commision i need to pay bitcoin again. And they block me all of my account and i didnt get my profit. So tell me this is scam or not. Give me my money.

    • are you sure you are in Official TriumphFx real website? i have been investing since 2014 till now, withdrawal to local bank only take less than 2 days, and everything is fine till today.

      i believe you were in other scam website that using Triumphfx branding (Which is not Real)

      if you are interested in Fund management, TriumphFx did a good job since 2014, till now my capital is still there, been profit more than 300%…

    • I think you entered into a scam that try to trick you using a very similar name to Triumph FX which is fake . I am an investor since 2013 and have no such issue at all

    • U must be scam by the fake triump fx website. Withdrawal only takes less than 2 days in my case. May i know which website u invest to?

    • hi, i have invested and withdraw every cycle. there is no fee in volve except fee charged by 3rd party local bank.

  37. Scam? i trade with truimphfx limited since year 2016 & i don’t have any problemb to withdraw my profit from their fund manager exp like GM trader, so far they makes tons of profits for me, i don’t see any scam at all..

    • Problem is no one knows the owners behind TriumphFX hence the lack of info is worrying. No one knows the names behind the FM like GMC etc. if they run with your attached $ u won’t be able to trace who they are!

  38. Think about this: your concern ‘is this a scam?’. Where is the scam: the broker or the fund manager / trader?

  39. What is the relation between Triumphfx(cyprus) and Triumphfx limited? as i know the Triumphfx (cyprus) was a retail business and the Triumphfx limited was fund manager. is it this both are under the same broker company? Many of people said that triumphfx limited was a scammer scheme. Please advised. Thank You

    • Is it normal that they change bank account quite often? I realised when I try to make a deposit every few months, they account details change.

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