- What is TriumphFX?
- TriumphFX Pros and Cons
- Regulation and Security Measures
- Account Types and Benefits
- Cost Structure and Fees
- Trading Platforms and Tools
- Trading Instruments
- Deposit and Withdrawal Options
- Customer Support and Responsiveness
- Research and Education
- Portfolio and Investment Opportunities
- Account Opening
- Additional Tools And Features
- TriumphFX Compared to Other Brokers
- Full Review of Broker TriumphFX
Overall Rating 4.1
| Regulation and Security | 4 / 5 |
| Account Types and Benefits | 4.4 / 5 |
| Cost Structure and Fees | 4.4 / 5 |
| Trading Platforms and Tools | 4.3 / 5 |
| Trading Instruments | 4.2 / 5 |
| Deposit and Withdrawal Options | 4.4 / 5 |
| Customer Support and Responsiveness | 4 / 5 |
| Research and Education | 4 / 5 |
| Portfolio and Investment Opportunities | 4 / 5 |
| Account opening | 4.3 / 5 |
| Additional Tools and Features | 4.1 / 5 |
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’s main aim was to democratize Forex trading and make it available for any investor, despite experience or amount of money, for that reason TriumphFX offers a range of account types suitable for beginners or veteran traders, with a good platform to execute orders and 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.
However, some of the downsides could be limited education materials, as well as instruments since the range offers only Forex and Precious metals, and for withdrawals, there are some additional fees. Besides, we found that TriumphFX lost its CySEC license for a while, so the main offering was coming from its international branches with quite a few law regulations where many complaints from traders arose, so it is better to check the conditions fully.
| Advantages | Disadvantages |
|---|
| Broker with good record and establishment under European laws | Support not available 24/7 |
| Low Forex fees and good conditions | No Stocks trading, limited number of instruments |
| Mainstay on customer popular MT4 | Conditions vary according to brokers’ regulation |
| In-house analysis free of charge | Withdrawals are not free |
| Dedicated Support and account manager | In the past Broker lost its CySEC license |
| Professional and regular accounts | |
TriumphFX Features
TriumphFX is a global forex broker with oversight from authorities like CySEC, ensuring the safety of clients’ funds and offering segregated accounts for added protection. It offers multiple account types designed to meet different trading expectations. The broker offers competitive spreads, and varying leverage ratios, however, the instrument range offered is limited to Forex and Precious Metals. To provide more information on the essential aspects of TriumphFX, we have compiled the key features of the broker, from the licenses to Account Types, Trading Platforms, Minimum Deposit, and more.
TriumphFX Features in 10 Points
| 🗺️ Regulation | CySEC, FSC, FSA |
| 🗺️ Account Types | Classic, Gold, Premium |
| 🖥 Trading Platforms | MT4 |
| 📉 Trading Instruments | Forex and precious Metals |
| 💳 Minimum deposit | 100$ |
| 💰 Average EUR/USD Spread | 0.6 pips |
| 🎮 Demo Account | Available |
| 💰 Account Base currencies | Several currencies offered |
| 📚 Trading Education | Market Analysis, News and Economic Calendar with research |
| ☎ Customer Support | 24/5 |
Who is TriumphFX For?
Based on Our findings and Financial Expert Opinions TriumphFX is a good, regulated choice for those who favor trading Forex and Precious Metals. The broker supports international trading and offers its services to traders with different levels of experience from a wide range of countries. Below you can see what TriumphFX is especially good for:
- Currency Trading
- Traders who prefer the MT4 platform
- Beginning or Advanced Traders
- CFD Trading
- Good Tools for Trading
- Traders from Cyprus and Europe
- Various trading strategies
TriumphFX Summary
For the final TriumphFX review, we found that the broker provides balanced conditions suitable either for beginning or professional traders. The broker uses technology and pricing strategy smartly, so TriumphFX has the necessary conditions to provide successful trading performance. The spreads are low compared to other brokers in the industry and the supported MT4 platform is quite good too. However, the broker’s trading assets are only limited to Forex pairs and Spot Metals, and through its offshore entity, cryptocurrency and indices trading are also available. However, it is not recommended to trade through an offshore entity, as safety measures are lax compared to the CySEC rules.
Yet, in addition to the limited range of instruments, education is rather basic, also there are negative experience reviews from the traders’ community mainly for its offshore platform, TFXI. Besides, there is the fact that the broker lost its Cyprus European license for a while, which makes the proposal questionable.
So all in all, we recommend double-checking whether TriumphFX is a choice for you. Also, we highly recommend opening an account under the CySEC entity and avoiding its international offering for safety reasons.
55Brokers Professional Insights
TriumphFX is a global forex broker known for offering trading services primarily in Forex Currency trading and precious metals. The reputation of TriumphFX in fact is double-faced since Broker lost license for a time being on its European entity and operated via International branches only where many traders were not satisfied with trading process and found some serious issues. However, later on Cyprus licenses was restored and Broker operate now its regulated trading environment where conditions are overall good. Yet, still due to concerns we would also avoid TFXI offering under International entity and better sign only with European one provided by TriumphFX. Also, in our Review we mainly check and cover points of Cyprus trading proposal and conditions.
Overall, Cyprus trading of TriumphFX provides relatively quality trading via popular MT4 platform finding that the broker’s cost structure is favorable, primarily offering low spreads starting from 0.1 for some instruments, which is good. However, there is no diversification on platforms and trading products are also very limited, especially if we compare it to many other good-standing brokers, education and support is another gap so very beginners might better find more suitable choices.
Consider Trading with TriumphFX If:
| TriumphFX is an excellent Broker for: | - Forex traders looking for competitive spreads
- Traders who prefer the MT4 Platform
- If prefer leverage options trading via international branch
- Beginner traders looking for Demo accounts
- Looking for fast order executions
- Copy trading opportunities
- No commission trading
|
Avoid Trading with TriumphFX If:
| TriumphFX might not be the best for: | - If looking for Broker with excellent reputation and top-tier regulation
- Trading via TFXI International rising concerns due to numerous negative reviews
- Those looking for extensive educational materials
- Traders who prefer advanced research tools
- Trading large set of assets
- Traders who prefer MT5, or cTrader
- Looking for quality Support |
Regulation and Security Measures
Score – 4/5
TriumphFX Regulatory Overview
TriumphFX is a regulated broker and operates under several entities including the CySEC entity, which regulates Forex businesses 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 is a regulated broker and as any other regulated broker by CySEC, it participates in 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 does not mean the broker can accept traders from all around the world, and residents of certain countries can only open an account with the broker under its international entity, but not the Cyprus one
International trading TriumphFX vs TFXI
There are certain differences between international and top-tier regulated entities, as we see the 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 that 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 the 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 opening an account under a European entity if available for better safety.
How Safe is Trading with TriumphFX?
The safety of clients with TriumphFX depends on the jurisdiction under which they open an account. Overall, EU clients regulated by CySEC enjoy greater protection, while there are greater risks for offshore clients due to the weaker regulatory oversight.
- Client money is placed in segregated accounts, separate from the firm’s own money, in accordance with the client money rules of CySEC, to protect its clients.
- The information traders provide to TriumphFX will be confidential and secure following the broker’s Privacy Policy and in accordance with regulatory requirements.
Consistency and Clarity
TriumphFX provides fluent operations in terms of account offerings, stability of the provided platform, and regulated compliance for EU clients, while it lacks clarity regarding its offshore operations.
Also, there are records indicating that TriumphFX was unavailable to EU traders for some time due to a loss of its CySEC license, resulting from a failure to meet recommended levels of safety and operational standards. However, the Cyprus-regulated offering via the Triumphfx.com website is available again for now, as the broker has retained its CySEC license. In fact, thats the main reason we always advise trading with entity of tight regulation, since in case Broker breach safety of trading performance the Broker is immediately eliminated, which is not the case of offshore entities, that may result in unscrupulous practices.
Nevertheless, we recommend staying alert and conducting your own research on TriumphFX before signing up with the broker. For added safety, consider avoiding trading with TriumphFX’s international entities.
Account Types and Benefits
Score – 4.4/5
Which Account Types are Available with TriumphFX?
TriumphFX offers several account types – Classic, Gold, and Premium. All accounts feature quite competitive trading conditions and available services, while a professional account will add extra benefits for traders. TriumpFX’s offering of account types is quite good, with a selection between suitable conditions. Yet the conditions might differ depending on the Triumph FX entity you trade with. Below you can see the detailed description of the TriumphFX account types, and find out for yourself which one meets your trading expectations more.
Classic Account
The TriumphFX Classic Account is for traders who prefer a straightforward trading experience with standard conditions. The available products are over 64 instruments, which is the same for all the account types. The leverage ratio is 1:30, and spreads start as low as 0.01 pips. The broker does not impose any commissions for its account types which makes for transparent and clearer costs. With the TriumphFX Classic accounts traders gain access to Demo accounts, daily market analysis, various trading strategies, such as hedging, and Negative Balance Protection. The minimum deposit is also the same for all the account types – $100. The base currencies of the account types are EUR, USD, and GBP.
Gold Account
The trading, conditions for the Gold account are similar to that of the Classic one, such as the minimum deposit of $100, leverage of 1:30, and spreads starting from just 0.01 pips. However, the gold accounts enable more opportunities, trading features, and tools to accommodate an enhanced trading experience. With Gold accounts Educational materials are more diverse, enabling access to various webinars, trading styles, and strategies.
Premium Account
In addition to all the available features Classic and Gold accounts offer, the TriumphFX Premium account offers also deep Market analysis, comprehensive webinars for different levels of traders, and all in all a more advanced and favorable trading environment with leverage of different ratios available for retail and professional traders, tight spreads with no added commissions, and greater exposure to the market.
Swap-free Accounts
To comply with Islamic beliefs, TriumphFX also offers Islamic accounts allowing Muslim traders to trade without paying/earning swap or rollover interest. The swap-free accounts provide excellent trading conditions, with no rollover charges, no spreads widening, and with available leverage up to 1:500.
Regions Where TriumphFX is Restricted
Based on the information we revealed about TriumphFX global accessibility, we found there are certain restrictions and limitations for some regions that traders should be aware of. Below is the list of countries where the broker is available and offers its services:
- Austria
- Belgium
- Bulgaria
- Croatia
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Ireland
- Italy
- Latvia
- Lichtenstein
- Lithuania
- Luxembourg
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
- Belarus
- China
- Egypt
- Indonesia
- Kazakhstan
- Kenya
- Nigeria
- Qatar
- Switzerland
- Thailand
- UAE
- Ukraine
Cost Structure and Fees
Score – 4.4/5
TriumphFX Brokerage Fees
TriumphFX defines its pricing with low spreads and a fractional trading basis, so you may benefit from better pricing. Yet, since TriumphFX runs various entities Fees at TFXI International are different than the Cyprus one. Here we will cover conditions on EU entity, as we find this branch more reliable and stable in its operation:
Find on Forex fees
Generally, fees or spreads depend on the account type as higher grade accounts may feature some discounts, yet generally spreads start from 0.01 pip offered on most account types at EU entity. The International branch offers a few more accounts where spreads are average 1.6 pips, and other accounts are with commission basis charging spreads from 0.6 pips plus commission charges ranging 3-6$, below we will review conditions of the Cyprus entity, since International TFXI is not reliable with our opinion and many real traders too.
We found that TriumphFX offers very low floating spreads starting from 0.01 pips. The minimum spread for EUR/USD is at 0.4 pips, while the calculated average spread for the currencies’ pair is 0.6 pips still considered to be on low levels. The minimum trade size is 0.01 Lot, with the leverage ratio varying from 1:30 to 1:500 based on entity rules. The average spread for XAU/USD is 2.2, with the available leverage of 1:20.
TriumphFX all three account types are commission-free and fees are built into spreads at EU entity. The commission based account available only at the international entity, where also conditions we find higher than industry offering and with concerns on safety.
TriumphFX reserves the right to charge overnight fees for the held positions. Swap rates are based on prevailing market interest rates, which may vary over time. TriumphFX has a rollover or overnight fee as a cost, which is about a 2.5% fee or refunds depending on the direction of the position you take. However, the swap fee is not fixed and is subject to changes based on market movements and other conditions.
How Competitive Are TriumphFX Fees?
We found the TriumphFX fee structure rather competitive. The broker offers low spreads starting from 0.01 pips, and for the Classic account type the costs are integrated into spreads, thus, there is no additional fee applied. For spot metals, the minimum spreads start at 1.7 pip being a good spread among idustry too. Overall, the costs and fees depend largely on the account trades are conducted through, also the entity with which the client is registered, and other factors as well.
| Asset/ Pair | TriumphFX Fees | Eightcap Fees | AvaTrade Fees |
|---|
| EUR USD | 0.6 pips | 1 pips | 0.9 pips |
| Gold | 1.8 pips | 1.2 pips | $0.27 |
| Inactivity Fee | Yes | No | Yes |
| Fee ranking | Low | Average | Average |
TriumphFX Additional Fees
There might be some additional fees that the company will charge traders, so be aware of the possible extra costs that would be added to other already discussed fees.
Inactivity Fee
In case the account becomes inactive, which means that the trader hasn’t logged in to the account for a continuous period of at least twelve months then the Company will have the right to charge a service fee of Euro/USD/GBP 5 per month on the funds held in the client’s account.
Withdrawal Fees
There are no deposit fees applied, however, for withdrawals, there might be certain costs included. For instance, in case the Client performs a withdrawal request without any trading activity from the last deposit made or if any other form of abuse is found TriumphFx reserves the right to charge the traders the equivalent amount of any deposit fees incurred, or 3% of the total withdrawal amount.
Trading Platforms and Tools
Score – 4.3/5
The market leader MetaTrader4 will be the platform if you decide to trade with TriumphFX. Trading with the MT4 platform is considered a good option, since the majority of world traders retail or professionals use 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.
| Platforms | TriumphFX | Fortrade | AvaTrade |
|---|
| MT4 | Yes | Yes | Yes |
| MT5 | No | No | Yes |
| Own Platform | No | Yes | Yes |
| Mobile Apps | Yes | Yes | Yes |
TriumphFX Web Platform
MT4 provided by the broker is available in various versions, so you can either use it directly from your browser on the 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 stay updated on the go. With a simple and user-friendly interface, from basic to advanced charting tools, technical indicators, various order types, and risk management tools, the web platform of the broker is a good choice for those who prefer this option of trading.
Main Insights from Testing
Our research of the broker’s web platform showed that the platform is intuitive, with a user-friendly layout that makes the navigation for both beginners and experienced traders easy and without complications. The availability of essential charting tools, such as multiple timeframes, basic drawing tools, and several popular technical indicators is another advantage for traders. Also, real-time price updates, popular trading indicators, and smooth order execution result in a favorable and intuitive experience.
TriumphFX Desktop MetaTrader 4 Platform
Obviously, MT4 is not the same if you compare software between two brokers, as the company decides whether to add extra features or not, include some of the capabilities or not, as well as make it available for free or with extra charges. Eventually, TriumphFX made MT4 upgraded versions available for all its users free of charge.
We found the MT4 desktop platform is equipped with favorable features and tools, with three major types of forex charts: Bars, Candlesticks, and Line charts, nine timeframes, more than 50 built-in indicators that help traders during the analyzing process, multiple chart setups, automated trading, and real-time data export via DDE protocol.
Main Insights from Testing
Our experience with the broker’s MT4 desktop platform was positive, as the platform offers many of the advanced features important for profitable and smooth trading. However, we found that TriumphFX does not offer the newer, more advanced version of MT4, the MetaTrader5 platform. Those traders who prefer conducting their trades on the MT5 platform should take this into consideration.
TriumphFX MobileTrader App
For those traders who are looking for mobility and flexibility, the TriumphFX mobile app is a great opportunity to conduct trades on the go, keep a constant pulse on the market, and receive real-time price updates, that help traders to make timely decisions based on current market conditions. There are a variety of chart types, timeframes, and popular indicators included in the app, which support traders in technical analysis on the go. Although there might be some restrictions as to charting capabilities compared to the desktop platform, the TriumphFX trading app is still suitable for managing trades and performing basic analysis.
Main Insights from Testing
The TriumphFX MobileTrader App gives clients access to real-time markets straight from their mobile devices, allowing them to execute trades with various trading tools at their fingertips. It allows access to basic charting tools, technical indicators, and a variety of order types good for various strategies within a user-friendly and safe atmosphere. In addition, traders get instant notifications and account management that keeps them up-to-date with all market moves and activity on the account.
Trading Instruments
Score – 4.2/5
What Can You Trade on the TriumphFX Platform?
The range of markets available at TriumphFX includes Forex and Metals like Gold and Silver, where currencies are transacted across the centralized market through numerous liquidity providers TriumphFX works with. However, this range is rather limited providing around 64 trading products, which means the broker places its focus solely on Forex trading, so if you wish to trade Stocks, Futures or more Commodities check out other regulated broker reviews
Main Insights from Exploring TriumphFX Tradable Assets
TriumphFX focuses mostly on forex trading, as it provides a few major, minor pairs, and some exotic currency pairs that are actually good for forex traders who want to focus mainly on currency markets selection.
However, compared to other well-regarded brokers, TiumphFX instruments range is indeed limited, so no any market diversification is available. The international entity, yet, provides more instruments to trade including Cryptocurrencies and TriumphFX Coin that can be traded, yet we think it is very risky to trade it since there are some claims about TriumphFX Coin scams so better to stay on a safe side.
Leverage Options at TriumphFX
TriumphFX Reviews shows that the broker’s leverage ratios are set to a standard level allowed for European traders since ESMA significantly restricts the use of leverage for retail traders. We advise traders to learn how to use leverage smartly in order not to fall under risks, aslo International TFXI provides high leverage ratios too, yet we do not advise signing with them due to numerous traders complaints.
- The maximum level is 1:30 for major currency pairs and even lower for other instruments.
- 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.
Deposit and Withdrawal Options
Score – 4.4/5
Deposit Options at TriumphFX
Another important part to cover in our TriumphFX review is how to transfer money to and from your trading account. All account management is handled online, providing a convenient experience. TriumphFX allows transactions via several methods, including:
- Credit/Debit Cards
- Bank Wire Transfer
- Skrill
- Neteller
TriumphFX Minimum Deposit
TriumphFX’s minimum deposit amount is $100. For some account types, the initial deposit might be higher. Compared to other broker’s minimum deposit options, this is considered an average offering. The $100 minimum deposit makes the broker accessible to traders.
Withdrawal Options at TriumphFX
Considering TriumphFX money withdrawal and transfer fees, make sure to check conditions in detail with the payment provider and broker respectively as various jurisdictions may apply different rules due to international policies. Overall, TriumphFX defines no commission for deposits via Bank wire and e-wallets, while Card payment will add on a 3$ fee.
- Besides, withdrawals will incur some fees, which are waived by the payment provider and are the client’s responsibility.
How long does it take to withdraw money from TriumphFX?
Generally, withdrawals are processed on the same day as requests for almost all withdrawal options. However, bank wires might take longer, up to 3-5 days.
- If the Client requests a withdrawal without trading any amount from the last deposit or in case any other form of abuse is detected, TriumphFX has the right to charge the Client an amount equal to any deposit fees applied, or 3 percent of the withdrawal amount.
Customer Support and Responsiveness
Score – 4/5
Testing TriumphFX Customer Support
We also checked Customer Support, to see how TriumphFX supports its clients when issues arise. We found that the only way of communication TriumphFX provides its clients with is the request submission right from the broker’s website. As far as we found, there are no phone lines, a live chat, or other support options that traders can use to direct their questions.
- The FAQ section of the broker answers many common questions related to different issues clients can face, such as deposits and withdrawals, account settings, etc.
- Customer support is available only during business hours on weekdays, thus 24/7 support is not available and might be considered a negative point for some traders, who prefer around-the-clock availability of support.
Contacts TriumphFX
To sum up, we found the support team rather responsive. However, the support is only available on working hours on Cyprus time, which might be a limiting condition for many. Besides, except for the option of submitting a request on the broker’s website, there are no other, more accessible options for communication, which might be viewed as a negative point.
Research and Education
Score – 4 /5
Research Tools TriumphFX
TriuphFX offers a number of research tools to traders which might elevate their trading experience and add more insight into trading. In addtion to tool and research available on the platform there is TriumphFX’s Forex Essentials and Glossary include topics and fundamental terms of trading. It helps the beginning traders understand the basic concepts, terminologies, and principles of trade.
Another tool the broker offers is the Economic Calendar which shows upcoming economic events that can impact the forex market. All in all, TriumphFX’s research tools might be practical, but they lack some depth and insight, thus, for those who are looking for more useful tools and features, the broker’s offerings might simply be not enough.
Education
As for the education and learning materials, we found through our TriumphFX Review a limited range of learning courses or videos, while education also vary based on the account types since higher grade brings some better products, means Education in full is not accesible to all TriumphFX clients.
- The broker has a section of Forex Essentials, which answers the most basic questions on forex trading. This section covers the basics, providing a quick introduction to the main concepts of trading, such as what forex trading is, the principles of market operation, the basics of currency pairs, and other aspects of trading.
- In addition to the Forex Essentials section, traders have an opportunity to explore the main terms of forex trading by using the glossary section, which can be helpful for new traders looking for explanations and answers to new terms and concepts.
Is TriumphFX a good broker for beginners?
TriumphFX has tailored its services to fit both beginner and advanced traders. However, the broker’s educational resources are limited and do not provide a good basis of knowledge for those who seek extensive education. For clients who are looking for informative courses, webinars, and in-depth market analysis, TriumphFX might not be the best choice.
Portfolio and Investment Opportunities
Score – 4/5
Investment Options TriumphFX
As has already been mentioned, TriumphFX offers mainly Forex pairs and Spot metals, thus the broker does not give any opportunity to invest in real stock. However, there are still a few options TriumphFX provides as a chance to invest:
- MAM accounts TriumphFX offers enable professional traders to manage multiple accounts at the same time, which is ideal for high-volume traders and investment managers.
- PAMM accounts allow investors to allocate their funds to be managed by more advanced traders. Revenues are distributed back to respective investors, in proportion to their investment.
- It also offers copy trading, meaning one can follow some of the most successful traders on the platform and automatically replicate their trades. It is helpful for beginner traders who are willing to learn from more experienced professionals.
Account opening
Score – 4.3/5
How to open a TriumphFX Demo Account?
Clients can create a TriumphFX Demo Account and try with virtual money for free, to enhance their skills before trying trading with real funds. To create a Demo Account via the MetaTrader 4 Client Terminal directly, clients should take the following steps:
- Click on the ‘File’ and select ‘TriumphFX-demo’
- Fill in personal details
- Choose the preferred leverage size and deposit value as their virtual money
- Copy and save the Demo account Login and Password to use in the future
- Use the created login and password and enter their accounts
- After all the steps are successfully completed, they can start trading
How to open a TriumphFX Live account?
Opening a live account requires different steps compared to opening a Demo account. For a live account, clients need to submit more detailed information:
- Click on the ‘Register a Live Account’ on the broker’s website
- Fill out the online registration form with personal information
- Select an account type
- Submit the information and wait for approval
- Approval can sometimes take a few business days
- Once approved, log in to the new live account and deposit funds using a suitable option for deposit
- Afterward, clients need to download the MT4 platform and log in using the approved credentials
- When the platform is set up and the deposit is approved it’s time to start trading
Additional Tools and Features
Score – 4.1/5
The additional tools offered by TriumphFX are limited, especially if comparing to other Broker with good range of platforms provided and various additional tool in place. Yet there are some features and tools that elevate the trading experience:
- MT4 Plugins and Add-ons available enhance the platform’s functionality in charting and analysis. TriumphFX may also offer a few add-ons available for advanced functionalities like order types, alerts, and indicator customization.
- TriumphFX’s copy trading allows users to mirror the trades of advanced and successful traders, which is a great opportunity for beginners to follow professionals and diversify their trading strategies without managing all positions on their own.
- TriumphFX‘s Economic Calendar keeps traders updated with future economic events and data releases that might affect the forex market. Events such as interest rate announcements, inflation reports, employment figures, etc., will be fully updated with this tool.
TriumphFX Compared to Other Brokers
We compared TriumphFX to other brokers to see where the broker stands in the market, and how its services align to the market average offerings. We first assessed TriumphFX’s regulation and found that the broker had some issues in the past and still there are real trades concerns with international entities, therefore Brokers like XM and Pepperstone, provide much better security levels, while TriumphFX is considerable on its EU entity. What is good at TriumphFX are costs as we find fees with spreads basis mainly lower than the industry, yet commission based account are not available since only offered by International TFXI branch which we do not advise trading with.
Yet, there are many points where TriumphFX’s offering is rather loosing including trading platform availability, as traders can only conduct their trades on the MT4 platform. Brokers like FP Markets have a wide range of platforms, offering diversity in trading. Another aspect compared is the tradable products, which are also limited, especially through the CySEC entity only Forex pairs and Spot Metal trading are available (Only 64+ instruments). The offshore platform entity offers additional assets, like Indices and Cryptocurrencies. Yet, there are brokers like RoboForex with over 12.000 instruments.
Another aspect of comparison is the broker’s minimum deposit of $100, which is considered an average offering, especially as compared to brokers with lower funding opportunities. We found that HFM, for instance, offers $0 initial deposits. At last, we consider TriumphFX Education and Research resources limited too, as brokers like FBS and XM have an exceptional educational offering that suits both beginners and advanced traders.
| Parameter |
TriumphFX |
FP Markets |
RoboForex |
Pepperstone |
XM |
HFM |
Eightcap |
| Spread Based Account |
Average 0.6 pip |
From 1 pip |
Average 1.3 pip |
Average 0.7 |
1.6 pips |
Average 1 pip |
Average 1 pip |
| Commission Based Account |
Not available |
0.0 pips + $3 |
0.0 pips + $4 |
0.0 pips + $3.50 |
Only on the Shares Account |
0.0 pips + $3 |
0.0 pips + $3.5 |
| Fees Ranking |
Low |
Low/ Average |
Average |
Average |
Average |
Low/ Average |
Average |
| Trading Platforms |
MT4 |
MT4, MT5, cTrader, IRESS, Proprietary Platform |
MT4, MT5, R StocksTrader |
MT4, MT5,cTrader, TradingView |
MT4, MT5, XM WebTrader |
MT4, MT5, HFM App |
MT4, MT5, TradingView |
| Asset Variety |
64+ instruments |
10,000+ instruments |
12,000+ instruments |
1,200+ instruments |
1,000+ Instruments instruments |
500+ instruments |
800+ instruments |
| Regulation |
CySEC, FSC, FSA |
ASIC, CySEC, FSCA, CMA |
FSC |
ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN |
ASIC, CySEC, FSC, DFSA |
CySEC, FCA, DFSA, FSCA, FSA, CMA, FSC |
ASIC, SCB, CySEC, FCA |
| Customer Support |
24/5 support |
24/7 support |
24/7 support |
24/7 support |
24/7 support |
24/5 support |
24/5 support |
| Educational Resources |
Good |
Excellent |
Good |
Excellent |
Excellent |
Good |
Good |
| Minimum Deposit |
$100 |
$100 |
$10 |
$0 |
$5 |
$0 |
$100 |
Full Review of Broker TriumphFX
TriumphFX provides balanced conditions suitable either for beginning or professional traders. The broker uses technology and pricing strategy smartly, so TriumphFX has the necessary conditions for ensuring successful trading performance. The spreads are low compared to other brokers in the industry and the platform is quite good too. However, traders should double-check whether TriumphFX is a suitable choice for them, and preferably open an account under the CySEC entity.
With TriumphFX tradings are conducted via the MT4 platform, with access to 64+ instruments, which is a modest offering and might be restricting for those advanced traders, who want to explore more diversity. Thus, TriumphFX can be suitable for forex-focused traders who prioritize low fees and simple account structures. The initial deposit of TriumphFX is $100, which is in line with the market average. For those who want access to extensive educational materials, or in-depth research, TriumphFX is not suitable, too. It only provides basic education and research tools, including Forex Essentials, glossary, and an Economic Calander.
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Scam, after advising me to make a huge
deposit, now no answer to my calls or emails
anymore, 8200$ 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 🙁
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?
mow tfx only below than 0.2 usdt. very low almost no price at all
How can I withdraw my TFX coin to my bank?
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 😥😥
From TEX to Binance
From Binance to Luno
From Luno to local bank
Akan menjadi coin..dan itu sangat buruk. Be really careful
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
I need your guidance. Please contact me.
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
Increrdible qest there. Whhat happened after? Thanks!
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 ?
Can use local bank account. IBAN leave it blank. need keyin swift code. client bank code select myr.
Currently the usdt one very slow. I suggest u to use the fiat system.
I joined in 2020
currently, USDT is slow
It’s been 16days after withdrawal’s approval and yet I haven’t received my USDT.
I will try to use the fiat system to withdraw to my local bank on next profit sharing.
Are you succes WD use Fiat system?
Yes
I got it through Fiat system in November
Now They had changed to TFX withdrawal.
Hi guys , is this thriumph FX real or Fake ? What is the official website can it be trusted ?
Hi Soo, been investing with them since 2020, they are a regulated entity, trades are transparent. so far i do not have any problem.
Is this the original Triumph FX ?
TRIUMPH INT. (SC) LIMITED is a company incorporated in the Republic of Seychelles bearing registration number 8428698-1.
Yes, this is the real one
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.
Hi. Anyone here have trade under GMC or AMG fund manager?
https://www.straitstimes.com/singapore/courts-crime/two-men-claim-trial-over-alleged-roles-in-fraudulent-trading-scheme-that-lured-thousands
Simple read.
This was the scam created by Hermes Leong, he copied the name Triumphfx, created a company in Hong Kong called Triumph Global
Triumphfx, has never ceased its operations and is a legit broker. Please do more research
HI kindly share link to see all the available fund manager in Triumphfx
Can’t show anything about the fund managers unless you have registered yourself an account with TXFI.Registration of account is free.
HI Cheng, You can check out this link to register to fund manager: https://secured.tfxi.sc
Thanks for your answer above. It helps to clear what I am always concern about.
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.
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:
https://www.alexa.com/siteinfo/tfxi.com
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
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.
Hi,Don,you seen like an experience,do you have any telegram to discuss ?
Hi Guys,
What about https://www.tfxi.sc/en?
Is this legit?
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)
meanwhile,
http://www.triumphfx.com under CYSEC for self trading.
so avoid fall into scammer website which name similarly triumphfx.
happy investing.
Why is https://www.tfxi2.com/auth/login blocked ?
I cannot access this link.
The login is via secured.tfxi.sc/auth/login
The login is via secured.tfxi.sc/auth/login
http://www.tfxi.com and http://www.tfxi.sc is the same. Under Seychelles Regulations. tfxi2 & tfxi3.com is NOT blocked. Its closed down by the broker to comply with Seychelles Regulations. As Seychelles regulators are strict regulators, they do not allow a broker to have so many websites with the same access.
CySEC Regulates http://www.triumphfx.com. Both are same company with 2 different regulations.
Thanks for you help… good support
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)
meanwhile,
http://www.triumphfx.com under CYSEC for self trading.
so avoid fall into scammer website which name similarly triumphfx.
happy investing.
so the PAMM Model is under http://www.tfxi.xom/en ?
i have registered under tfxi.sc/en – how is that possible?
Anyone has experience in withdrawal via Maybank in Malaysia
It Fast take 2 to 3 days To refund back to MBB
Hi, to be safe from being flagged, what is the maximum RM are advised for withdrawal? Same goes to depositing…
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.
http://www.tfxi.com and https://www.triumphfx.com
Why is one licensed under Republic of Seychelles and the other is registered under cyprus?
AS THEY ARE THE SAME COMPANY.
https://www.tfxi.sc/en
https://www.tfxi.com/en
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..
Can i have official website for Triumphfx fund manage website
https://www.tfxi.sc/en. I am sharing so that everyone can benefit form this.
Hi Kaiser
Which fund manager do you use if you dont mind me asking. How did you find these reliable fund managers? Thank you in advance for your reply.
Thanks Sam for sharing.
Wanted to know if this income is taxable in SIN ?
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.
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?
Syechelles.
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?
May I know which Fund Manager you guys are attached to?
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.
I am interested to which Fund management you referred to? Thanks
Can recommend an good Fund Manager of Triumph FX ?
You can try Nikolay (fund manager). They pull some wonderful trades. I have invested in multiple FM within TriumphFX (https://secured.tfxi.sc/). Happy to help.
I am interested to diversify my investment into this field under a professional guidance. From what I understood there are agents of Triumph to serve individually.
Can recommend one ?
If you’re interested you can contact me for further details
Hi! Can you guide how to TT fund to FX from our bank account?
My friend has invested & made 7% return. I am consider joining
Hi, anyone can explain why Triumphfx tfxi.com is placed under investor alert list of Sin,Mal & Ind. financial authority?
Hello Rashik, can you share any link to what you are referring to, I don’t see TRIUMPH FX in the investor alert list on the SINGAPORE gov website. Please don’t spread rumors unless you ar every sure.
https://www.mas.gov.sg/investor-alert-list
Sudheer, look again. Triumphfx is there. The date of the listing is 4 August 2021.
I started investing in Sept 2021 and has been generating a constant average of 7% returned a month without fail.
Hi,
What did you purchased that creates a constant 7% return pls? I am interested.
Thk You
Jay
Mesti kena la, triumphexchange itu scam website, TriumphFX is the real website.
Is it https://www.tfxi3.com/ is scam?
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?
There is no information on the owner of Triumphfx. Why is it a secret?
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 ?
Don’t ask here. Nobody knows why. Please raise a support ticket if the issue is still not resolved.
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..
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
so much confusion. continue doing due diligence. It may be good to clear confusion with the person who referred you to the business. Thanks
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
Any update on this?
Dear everyone, TFXI has just obtained it’s new Seychelles Financial Services Authority (FSA) Security Dealer License yesterday on 14/09/21. You may refer the license at http://www.tfxi.com/en/about-us/legal-documents.
Hope this clears the confusion to some critics regarding the broker is about to scam and whatnot.
I dont see the fsa license in the legal document that you mention.
Hi, May i know dehuifx.com webside is’t same as webside triumphFX?
Dehui is a phishing site. Don’t log into that
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.
What is the difference between http://www.tfxi.com and http://www.tfxi2.com?
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.
https://behindmlm.com/companies/singliworld-scammers-arrested-facing-prison-time-and-fines/?unapproved=441022&moderation-hash=1de62b9e2bc821c1cc7e0f3545a91712#comment-441022
https://behindmlm.com/mlm-reviews/singliworld-review-forex-investment-through-tfx-global/
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.
Hi all, I have search for these 2 website, the outcome is:
http://www.triumphfx.com
license no. 293/16 (Cyprus Securities And Exchange Commission)
Registered Date: 22/1/2016
Company Registration No.: 335393
http://www.tfxi.com NOT ABLE TO LOGIN
http://www.tfxi2.com
license no. 17901 (Vanuatu Financial Services Commission)
Registered Date: 11/3/2016
De-registered Date: 21/5/2021
Entity Status : Struck Off
why i can’t load tfxi2 bu using computer and my friend ask me using tfxi3 to log in. It is scam?
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
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
Is anyone know how to check whether triumphfx is regulated by ASIC, baFin, FCA and etc?
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
https://www.triumphfx.com
https://www.tfxi2.com/en
https://www.tfxi.com/en
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
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
I saw from this https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list regarding the ‘Investor Alert List’.
They are carrying on capital market activities of dealing in derivatives without licence.
Anyone can help to clarify on this?
I just start my investment with TriumpFx for 1 month plus only.
I understand they have got a new license just recently. Ill follow this up
SC Alert list is just to notify Malaysians that TriumpFX is not registered in Malaysia. This is true because TriumphFX is registered and regulated in Cyprus. It does not mean that TriumphFX is a scam.
Both http://www.tfxi.com and http://www.tfxi2.com are operated with the license under Vanuatu (not Cyprus hence not regulated by CySEC). But the Vanuatu license with a de-registration date of 21-May-2021 is stated in https://www.vfsc.vu/vanuatu-international-companies/viewInstance/view.html?id=a5c1e83ff0a6678be468f768b72c2c5ad6ecf10f6570eef6f7363cc841fcd5cc5ad17157c4750d84 Wonder why this broker company decides to let the license de-registered just like that? Any idea?
Hi Peter,
Are you sure the Vanuatu license was for tfxi.com or was it for triumphfx.com?
Vanuatu fsc is notorious for being overly leniet, therefore does not bring a lot of credibility. Seychelles fsa on the other hand, provide a more stringent oversight, and therefore increasing the credibility of brokers under its purview
Any update on this?
Thoughts on it being deregistered on Vanuatu Financial Services Commission on 21/05/2021? How are they being regulated now?
Hi guys, please advise which is the so-called “real website”:
1. https://www.triumphfx.com/
2. https://www.tfxi2.com/en
Thank you in advance!
Both are genuine web
For european market http://www.triumphfx.com
For asian market http://www.tfxi2.com
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.
Hi Erin , just wondering how is your case so far
Hi Paul,
I only just came across your message today. My withdrawal did eventually arrive in my bank account. The exchange rate used seems pretty high though.
Yeah, the exchange rate are based on the bank’s exchange rate.
For my country the withdraw now after Covid It took 7-11days. Before Covid 3-5 days. So far so good.
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
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.
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.
OMG Seriously? How on earth is it the same?
Mesti kena la, triumphexchange itu scam website, TriumphFX is the real website.
Are you using the right web address? Is it not Triumph Fx and not Triumphant Exchange?
Hi may i know which triumphfx limited website is not scam?
Hi may i know which triumphfx limited website is not scam?
For europe http://www.triumphfx.com
For asia http://www.tfxi2.com
Anita, is the Asia Triumphfx still using http://www.tfxi2.com? I think it has been changed right?
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%…
Hi, may i know what is the real website of the Official TriumphFx website?
http://www.tfxi.com is the only official site
Hi MArk lim can you advise What about they have another website name http://www.tfxi2.com
My sister put in huge investment in the company i’m afraid it is a scam.
Hi, Sam. Is it Triumph reliable to invest. Is it Money Game?
hi i would like to know if your issues has been resolved
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
Hi which website you were using?
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.
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!
HI Alen,
I am planning to invest with Triumphfx… just a bit worried if its scam or not.. Any advice
Think about this: your concern ‘is this a scam?’. Where is the scam: the broker or the fund manager / trader?
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.
How much does the local bank charge for withdrawal?
It must be legitimate than and no a scam with the information u provide above