Triumph FX-Overview of Minimum Deposit, Spreads & Leverage

General Information

Triumph FX presents itself as a Chinese forex broker that provides its clients with supreme trading platforms and different kinds of trading assets. It hypes that it also offers up to 500:1 leverage and over low spreads.

Market Instruments

Triumph FX advertises that it offers various trading instruments, including forex and precious metals.

Account Types

There are only one trading account offered by Triumph FX, namely Standard account. The minimum initial deposit to start a standard account is $100, aligning with most brokers' requirements.

Leverage

In terms of trading leverage, the maximum level offered by Triumph FX is quite generous, up to 500:1. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

The spreads in the Standard accounts start from 1 pip. More specific information about spreads and commissions is not involved directly on the website.

Trading Platform Available

When it comes to trading platforms available,Triumph FX gives traders a choice of Meta Trader 4, including desktop, web and mobile versions. MT4 is very popular and easy to use. It offers a number of technical analysis indicators, extensive back-testing options, advanced charting package, and wide range of Expert Advisors, which allow clients to fully automate their trades.

Deposit & Withdrawal

Triumph FX offers two payment options: telegraphic and wire transfer. There are no obvious options for using popular online payment platforms such as PayPal, Skrill, or Neteller. It is very important to note that all withdrawals are subjected to intermediary bank charges ranging from 25 USD to 75 USD per transaction.

Customer Support

Triumph FXs customer support can be reached through website: www.tfxi3.com.