TronMarkets was an unlicensed Crypto Currency CFD broker that opened on December 13th 2018, and is now out of business.
For problems making a withdrawal from a broker, read this.
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TronMarkets Broker Review
Our review of TronMarkets finds that they are offering a unique and simple Crypto trading software. This trading platform has only Crypto Currency pairs available for trading, either against other coins or versus the “Fiat” US dollar. Another broker that uses this trading platform is called Cryptonix Team.
You will not find the popular MetaTrader 5 (MT5) trading platform or any mobile trading apps at this online broker. Tron Markets website is only available in English. Minimum deposit for a new trading account is $250, and the minimum withdrawal amount is $100.
This broker offers bonuses, which is a big reason for complaints and confusion among new bitcoin investors. It is important to know that in order to withdraw your money after receiving a bonus, you will need: “To withdraw your bonus, you will be asked to perform a trading volume of at least 30 times for each $1 bonus.”
Warning! This Broker is NOT Licensed…
Only invest with a legal broker, look here
TronMarkets License Check
The way to properly assess a Forex broker is by checking to see if the FCA in United Kingdom gave them a license or if they are regulated by ASIC Australia. If a broker has a valid license, then they are legit, if they are not licensed, then they are likely a scam.
TronMarkets does not have a license. They do not disclose on their website who owns them or where they are located. Contact phone number listed for United Kingdom is: +44 203 8076434. Their email address is: [email protected], and the official website is: https://TronMarkets.com.
You should read reviews of the most popular licensed Crypto and Forex brokers listed here.
Compare CFD Brokers
Smart investors often get overwhelmed, when comparing the dozens of online CFD brokers. Here are a couple of brokers that are popular and licensed:
AVAtrade is an established broker that holds a license in Canada, South Africa, Europe and Australia, see here.
Go try their Free Demo Accounts, register here.
If you are already investing with TronMarkets, please share your experience in the comments section below.