In this section We will analyze the TryMarkets broker (also called trymarkets.com), is a Forex and CFD broker. Is TryMarkets really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You may be wondering why we review TryMarkets. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Capital Markets Solutions Inc..
As to its location, the broker mentions being based in: Belize.
If we analyze the regulation of the broker: well they mention having a regulation in Belize, in our opinion an unsafe regulation.
If now we go on to analyze account types offered by TryMarkets, we noticed that they offer 3 different types of account / plans: the Standard Account, the Pro Account and the Prime Account. We leave an image with a little information about each type of account.
Standard Account- Minimum initial deposit of $ 500.
Pro Account- Minimum initial deposit of $ 5.000.
Prime Account- Minimum initial deposit of $ 20.000.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that TryMarkets offers are: the MT4 platform.
We will now analyze the different resources and aids for traders that TryMarkets provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
TryMarkets provides the following help or resources to traders or interested parties: explanation of some basic concepts of the world of trading, explanation of the financial products that TryMarkets offers, really not much more than this.
| Other information about TryMarkets |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number+1 302 660 0010
>>> Assessment on TryMarkets <<
Ending with this section, in our opinion Do we believe that the TryMarkets company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is a broker that has an unsafe regulation, is based in unsafe countries (Belize), when looking for other reviews about TryMarkets we could not find any, which makes us to think that it is a "new" company. The website seems unfinished. We suggest using caution.
Update December 2019: CNMV (Spanish financial regulator) has warned about TryMarkets
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.