What’s more, all traders at TRENDSMACRO — including the basic Bronze account — have their own personal account manager. It’s very rare that a broker dedicates personnel to its non-premium members, and so this brand certainly prtrend deserves strong recognition for that provision. Despite the release of MT5, the truth is that MT4 remains the go-to platform for many brokers. With all of the features the platform promises across web and mobile, you will have all of the tools at your disposal to be a successful trader at TRENDSMACRO. However, if you do want to open a Platinum account, you will need a minimum of $50,000 as a deposit.
Great broker
Overall, this is a broker that caters for every level of the trading world. 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 offers a wide number of ways to get in touch and customer support is available 24 hours a day during the working week. The only real negative to TRENDSMACRO is that it does not offer crypto trading options. Other than this, it’s an excellent site to trade with and has a lot of benefits for all levels of trader.
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Its parent company is Ascana Group Ltd, which is based in the Republic of the Marshall Islands. ConclusionTrendsMacro’s alleged misconduct and the resulting adverse publicity have created a precarious situation for the firm. While the desire to protect its reputation is understandable, any attempt to suppress information through illegal means would be a dangerous escalation. The financial industry relies on transparency and trust, and any actions that undermine these principles could have far-reaching consequences for TrendsMacro and its stakeholders. As the story unfolds, it serves as a cautionary tale about the importance of ethical conduct in the high-stakes world of financial analytics.
Amazing broker company
With no requotes, your order will be executed at the exact rate entered during order placement. Generally, brokers requote traders for a new rate when it fails to execute an order based on the price initially entered. Internally, the broker proves its hitbtc crypto exchange review validity of functioning in multiple ways.
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. The broker offers a zero-commission account model for forex trading, with broker profits taken exclusively from the spreads. Spreads depend on the account type held, but are very competitive on the higher-level accounts, with spreads on the premium Platinum Account starting from just 0.1 pips.
Indeed, the broker’s mobile browser site is simply a re-sized version of its main hub rather than a re-design. While it works fine, you will need your scrolling finger to be at the ready. Available on iOS and Android smartphones and tablets, MetaTrader mobile allows you to enjoy the full trading experience on a smaller device. You can access a range of charts and technical indicators and set up a selection of signals so that you never have to miss a potential trade. There’s the classic platform as well as WebTrader and the dedicated mobile app for iOS and Android devices.
- As previously mentioned in this TRENDSMACRO review, the broker’s website offers an extensive instructional guide to the use of MT4.
- The MT4 platform also offers the ability to easily integrate third-party applications and build a trading platform that is suited to your individual needs and requirements.
- If you’re a serious trader and use a two-monitor setup, then this can lead to an extremely immersive trading layout.
- Spread fees for the lower-end accounts at this broker are quite high, and could cause traders to lose out.
- In this case, the broker’s site would be a prime opportunity to share their experiences and insight with their clients.
- Just go to the top right-hand corner of the homepage and click on the ‘Registration’ link, which is clearly displayed in a prominent white box.
Fantastic broker
Account verification is necessary to comply with legal regulations and protect both the client and the brokerage from fraudulent activity. You are also likely to find TRENDSMACRO to be relatively ‘wallet-friendly’ in terms of other fees. On its website, the broker gives useful information about how the Terminal platform can be used – and, crucially, outlines its benefits. It underlines, for example, the fact that quotes are available in real time, while the platform also offers the option for one-click executions. You can also use the MT4 Terminal system to control your trading, by instituting ‘limit orders’ and monitoring your trades with live analytics. Also, you can apply EA (Expert Advisor) functionality to its MT4 platform, which enables you to activate the automated trading feature.
- In the terms and conditions for TRENDSMACRO, there is no information about any restricted territories.
- Forex and the various stock market opening times, with STP and market execution, ensure you don’t have to wait for a middle man or dealing desk to get involved.
- As we stated earlier in our Trendsmacro review, the broker is still new.
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As a result, the broker is obligated to refund the money to the funding source account only. It means traders need to use the same payment method for withdrawals as initial deposits. When funding the trading account, the payment method must be registered in the trader’s name. If you wish to fund your account with a credit/debit card, then it’s necessary provide a copy of the front and back of the card being used. On the front copy show the first and last four digits of the card number, your name, and date of expiry. TRENDSMACRO also offers the MetaTrader 4 (MT4) platform for its clients.
There is, however, a strong mobile trading option, and traders can download MT4 mobile apps for both iOS and Android devices, including tablets and smartphones. Considering multiple sources of information helps traders gain a more holistic understanding of a broker’s performance and reputation, enabling them to make well-informed decisions in the forex market. Trendsmacro review offers a comprehensive evaluation of broker performance, while platforms like Forex Peace Army and Trustpilot provide community-driven or user-generated feedback on brokers.
Good trading options
While this guide is comprehensive, it only focuses on a small part of the trading experience – and a highly technical one at that. Many traders are likely to want to read more about other aspects of trading at this broker or in general, such as what effect leverage can have on your investment. Improving the education section, then, is a learning point for this broker. TRENDSMACRO has a clear commitment to multi-device trading given that it kvb forex offers MetaTrader 4 for various environments and operating systems.
General information is provided to assist in answering many of the questions you may have regarding opening an account and beginning to trade. If you need further advice, customer support is available 24/5 to tie in with trading hours on international markets. Although this level of support is adequate, it could be improved through the provision of a live chat function and an extension of the available hours. In this review TRENDSMACRO is found to be a strong broker offering plenty of advantages to its traders. The website has a clear customer focus, with easily navigable pages, clearly presented content, and an explanation of terms, or ‘jargon’, for new traders. It is also reassuring to find that important legal documentation is provided on the site.
It’s common for trading brokers to seemingly appear overnight in a whirlwind of hype, and in some cases, the reality never quite lives up to the expectation. But with TRENDSMACRO, we have a brokerage that was established in 2020 with the backing of a management team with experience spanning back to 1999. This has provided plenty of time for the team to hone their craft and create a platform that really works for their clients.
It seems that a new broker opens every other day and promises that it’ll be the next big thing. More often than not, those turn out to be scams or firms with such a poor service that they border scam territory. However, Trendsmacro makes no such claims and lets its actions and user experience speak for itself.