Trust Capital
Basic Information
Pros and Cons
Pros
- Regulated by CMA in Lebanon and FSA in Seychelles
- Offers leverage up to 1:1000
- Spreads starting from 0 pips
- Positive reputation for execution speeds
- Effective customer service
Cons
- Possesses a suspicious clone license from CYSEC
- Minimal complaints regarding withdrawal speeds
- Transparency concerns due to regulatory status
Is Trust Capital Safe and Legit?
Trust Capital Ltd is a trading platform registered in Seychelles with operational experience spanning approximately 5-10 years. The broker offers a variety of trading instruments, including Forex, commodities, and indices, with leverage up to 1:1000 and spreads starting from 0 pips on the MT4/MT5 platforms.
Trust Capital’s regulatory status includes licenses from the CMA in Lebanon and the FSA in Seychelles, though it holds a suspicious clone license from CYSEC in Cyprus, which raises concerns about its overall safety and legality in certain jurisdictions.
In the market, Trust Capital has garnered a generally positive reputation, with users praising its execution speeds, customer service, and ease of withdrawals. However, the presence of a suspicious regulatory license has led to some concerns, and while complaints are minimal, transparency remains a focal point for potential traders considering the platform.
Is Trust Capital a Regulated Broker?
What Are the Regulatory Licenses Held by Trust Capital?
Trust Capital Ltd operates with a mixed regulatory status. It holds licenses from the Capital Markets Authority (CMA) in Lebanon and the Financial Services Authority (FSA) in Seychelles, indicating compliance with regulatory frameworks in these jurisdictions. However, it also possesses a clone license from the Cyprus Securities and Exchange Commission (CYSEC), which raises concerns regarding its legitimacy and overall safety in specific areas. This situation reflects that while Trust Capital is regulated, it also navigates the complexities associated with offshore regulations.
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Trust Capital Ltd prioritizes the safety of client funds by holding them in independently regulated bank accounts, separate from the broker’s own assets. This segregation of funds is in accordance with the regulatory requirements set by the Capital Markets Authority (CMA) in Lebanon and the Financial Services Authority (FSA) in Seychelles.
Trust Capital Leverage
The maximum leverage offered by Trust Capital varies by product category, allowing up to 1:1000 in standard account configurations. This leverage is compliant with the legal limits established by the regulatory bodies in the jurisdictions where Trust Capital operates, catering to both retail and professional clients.
Trust Capital Withdrawal Review
How to Contact Trust Capital?
Does Trust Capital Have Withdrawal Issues?
Trust Capital Ltd experiences a low volume of complaints, with users primarily raising concerns about withdrawal speeds and processes. Complaints are mainly sourced from online trading forums and review platforms, but they remain minimal. The broker typically addresses these issues promptly, showcasing a commitment to effective customer service. There are no significant public complaints or regulatory penalties reported against Trust Capital, contributing to its generally positive reputation in the market. Despite the presence of a suspicious regulatory license, most users report satisfaction with withdrawal experiences, aligning with the broker’s legitimacy.
Frequently Asked Questions
A1: Trust Capital Ltd is a trading platform with a mixed regulatory status, holding licenses from the Capital Markets Authority (CMA) in Lebanon and the Financial Services Authority (FSA) in Seychelles. However, it also has a suspicious clone license from the Cyprus Securities and Exchange Commission (CYSEC), which raises concerns about its overall legitimacy in certain jurisdictions.
A2: Trust Capital Ltd prioritizes client fund safety by holding funds in independently regulated bank accounts, ensuring they are segregated from the broker’s own assets. This practice complies with regulatory requirements set by the CMA in Lebanon and the FSA in Seychelles.
A3: Trust Capital Ltd has a low volume of complaints regarding withdrawal issues, with some users expressing concerns about withdrawal speeds. However, the broker typically addresses these concerns promptly, and most users report satisfaction with their withdrawal experiences.
A4: You can contact Trust Capital Ltd for support through their customer service email at cs@trustcapital.com or by phone at +248 255 97 92. Additionally, they have multiple contact channels including live chat and a contact form on their website.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.