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Trust Capital is a forex broker located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).
Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
Trust Capital accepts clients from all over the world, excluding USA, UK, Czech Republic, Belgium, Iran, North Korea and some other OFAC sanctioned countries.
Forex broker offers the following underlying assets for trading.
| 65+ Currency Pairs | Based on major and minor world currencies. |
| 11 Crypto Pairs | Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Cardano, Dogecoin, EOS, Polkadot, Chainlink, Stellar Lumen. |
| 23 Indice CFDs | Based on baskets of different blue-chip stocks and US Dollar Index. |
| 5 Metal Spot CFDs | Based on Gold, Silver, Platinum and Palladium. |
| 3 Metal Futures | Based on Gold, Silver and Copper. |
| 2 Energy Spot CFDs | Based on Crude Oil (WTI, Brent). |
| 3 Energy Futures | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 3 Soft Futures | Based on Cocoa, Coffee, Soybean. |
| 100+ Stock CFDs | Based on shares of US and EU companies. |
Based in Cyprus and established in 2018, Trust Capital is a fully regulated European forex broker that offers a large range of trading instruments. Due to its ESMA regulation, the broker offers a maximum trading leverage of just 1:30, which is much less than many of the offshore forex brokers offer.
One thing that stands out with Trust Capital is the strong focus this broker has on trader education. Found under the “Learn to Trade” menu on Trust Capital’s website, it offers everything from free seminars on forex trading, to one-on-one forex trading sessions, and a dedicated section for daily market news and analysis.
In terms of the instruments that are available to trade, Trust Capital has a particularly strong offering for stock traders, with stocks from more than 100 US and EU-listed companies available. In addition comes more than 65 forex pairs, a respectable selection of crypto pairs, many of the most popular stock indices, and a good number of commodities.
As with most brokers we have reviewed, all of the instruments offered by Trust Capital are offered as so-called contracts-for-difference, or CFDs for short. These are essentially bets (with leverage) on the price of an underlying asset, and make it possible to profit without actually owning the underlying asset. As a result, it simplifies the trading process and makes complicated assets like futures available for ordinary retail traders who don’t have huge amounts of capital.
All of the instruments from this broker can be traded on MetaTrader 4 (MT4), which is the only trading platform supported. As usual, the platform is available in a downloadable version for Windows computers, as well as in a web version for all types of computers. In addition, mobile versions for Apple and Android devices are also available.
Before signing up as a new client on Trust Capital, it is necessary to choose what type of trading account to trade with. And with this broker, the choice is simple, with either a commission-free Trust Solo account or a commission-based Trust Together account.
One interesting thing to note about the two account types is that the Trust Solo account offers much better trading conditions than the Trust Together account. On Trust Solo, spreads start from 0.9 pips with no commissions on trades, while Trust Together spreads start from 1.8 pips with commissions on trades.
Interestingly, this is opposite of how most other brokers do it. The reason why Trust Capital has done it this way is a bit unclear, but the broker claims that only the Trust Together account offers “Advanced Education” and “1-on-1 Training Sessions.” We therefore assume that this is the broker’s way to justify the worse trading conditions that this account type offers.
To fund a trading account, clients can choose to make a bank transfer, pay with major credit and debit cards, or use the e-wallet providers Skrill, Neteller or PayPal.
We are also happy to see that Trust Capital accepts funding with crypto, although it must be made through a third-party payment provider. This broker does not allow accounts to be funded and then denominated in cryptocurrencies like some other brokers do.
In conclusion, it’s clear to us that Trust Capital as a fully regulated European broker could become an attractive option for some European traders. For others, however, the strict limitations on things like leverage that European regulations force on brokers definitely could make it less attractive, especially if the spreads and commissions offered are not competitive. In summary, we therefore see it as essential that Trust Capital takes a close look at the terms it offers traders to make the offering as competitive as possible.
