This has provided plenty of time for the team to hone their craft and create a platform that really works for their clients. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money.
The comparatively low amount of educational content is a drawback, and some traders may be concerned by the apparent lack of regulatory information. TRENDSMACRO offers some financial instruments which can be traded as CFDs, including forex and stock indices. CFD trading is a form of derivative trading, allowing traders to speculate on the price changes of a particular financial instrument, without owning the underlying asset. It allows for trading with leverage, the level of which will depend on the instrument you are trading. Trading indices as CFDs also allows for either long or short trading, whereas short trading of individual stocks is not possible. The broker does not apply any trading commissions and has minimal spreads, which means there is no charge for placing and closing an order.
However, there are some early signs that TRENDSMACRO has plenty to enrich the experience of traders who sign up to join its ranks. It has around 50 foreign exchange currency pairs available, for example, while it also provides various other financial instruments for traders to speculate on – including commodities such as oil and gas. The silver account also allows you to use Expert Advisor (EA) functionality on the MT4 trading platform. Like the bronze account, silver account holders can also connect with a personal account manager.
Spreads & Leverage
When it comes to mobile trading, traders can download MT4 mobile apps to facilitate easy, convenient trading from wherever they happen to be. These apps are available for both iOS and Android devices, including tablets and smartphones, and offer an intuitive mobile trading experience, not dissimilar to the main desktop or web-based platform. Apps provide access to most of the same features and functions as the main platform, including charting tools, technical indicators, customised watchlists, and easy order execution. The mobile apps are available to download free from the Apple App Store and Google Play Store and are generally very quick and easy to install. It offers four types of trading accounts intended to meet the individual requirements of both beginners and experienced traders. With a TRENDSMACRO account, you can have access to over 50 forex currency pairs, 45+ CFDs, including stocks, indices, energies, and other commodities.
When it comes to fund withdrawals, TRENDSMACRO provides a fast and simple process. It applies an automated system to complete withdrawal requests, ensuring the safety and authenticity of transactions. Sadly, TrendsMacro is yet another scam broker that you will want to avoid. Everything about it is wrong and if you invest your money with them, chances are, you will never see your money again.
TRENDSMACRO facilitates a variety of trading techniques and strategies and allows for CFD trading on various instruments with generous leverage. Opening an account is a quick and easy process, which can be done online entirely. There are different good account type choices, all offering access to around 50 currency pairs and over 45 CFDs.
Unregulated, Offshore Broker
Traders can do so by clicking on the ‘Registration’ link in the top right-hand corner of the website. This link will then ask them to enter information such as their name, last name, email address and more. Sending a letter is also possible – however, depending where you are based, this may not be a time-friendly endeavour. The relevant address here is Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960. It was founded in 2020 and it is based in the Republic of the Marshall Islands.
Commissions & Fees
- With regards to disputes or complaints, they commit to processing these within 48 hours of submission.
- Therefore, the fact that this broker offers the MT4 platform is a surprise, but a good one.
- However, there are some early signs that TRENDSMACRO has plenty to enrich the experience of traders who sign up to join its ranks.
- If you used an authorised firm or registered firm, access to the Financial Ombudsman Service and FSCS protection will depend on the investment you are making, the service the firm is providing, and the permissions the firm has.
As such we may earn a commision when you make a purchase after following a link from our website. A thousand years of reputation can be built (or, in this case, lost) on the actions of a single moment. TrendsMacro appears to be concerned about sensitive information being posted online and has decided to take action.
Trading Platforms
In this case, the broker’s site would be a prime opportunity to share their experiences and insight with their clients. As anyone that has used it knows, MT4 is the best in the business and that translates to the firm’s mobile app, which lets you trade anywhere, any time. As such, its mobile platform is a welcome addition to the TRENDSMACRO experience. While not the most extensive library of assets to trade, TRENDSMACRO does at least give traders the opportunity to enter several different markets at once. As mentioned, TRENDSMACRO is a relative newcomer in the online trading space and has not yet won any major industry awards. The broker does however use the MT4 platform which has won various awards over the years, including best FX Trading Platform at the Finance Magnate London Summit Awards.
There is no fee for taking money out of an account via a credit card, for example – which is the sort of fee that frequently appears at other brokers in this sector. TRENDSMACRO has a clear commitment to multi-device trading given that it offers MetaTrader 4 for various environments and operating systems. Unusually, TRENDSMACRO also emphasises that it has a version of its MetaTrader 4-powered platform available for Mac, meaning that those who use this Apple operating system are made to feel more included. In terms of trustworthiness, traders should be aware that there is no information displayed on major parts of the broker’s site (such ig group review as in the footer) regarding the regulation (or otherwise) of the firm and broker brand.
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Spread fees for the lower-end accounts at this broker are quite high, and could cause traders to lose out. The lowest-end account, Bronze, has spread fees starting at 2.8 pips – meaning that the amount taken on each trade is likely to be significant. From there, there is quite a large drop in spread fees down to the Platinum account, which has spread fees of 0.1 pips. TRENDSMACRO is an okay broker with plenty of services to offer traders of all backgrounds. Traders at this broker will find everything from forex currency pairs to commodities, and there’s also a range of other asset classes available.
