Trade Market Cup

Based on WikiFX data, Trade Market Cup holds a low overall score of 1.22 out of 10, with zero scores in regulatory and risk control indices. The broker claims a CySEC license but it remains unverified. Without valid oversight from a major regulator, the broker presents a high-risk profile. Traders should exercise caution.

Trade Market Cup lists a Cyprus Securities and Exchange Commission (CySEC) Market Making License (License No. 208/13) under the entity T MARKETS EU LIMITED. However, this license is currently marked as 'Unverified' by WikiFX, meaning its authenticity and validity have not been confirmed. The broker holds no other verified regulatory licenses from leading financial authorities.

The minimum deposit required to open an account with Trade Market Cup is $100, applicable to all three account types: STPs Pro, Commissions, and Standards.

Trade Market Cup does not publicly disclose its trading platforms. It is not confirmed whether MT4 or MT5 are supported. Traders should contact the broker directly for platform details.

Pro: Offers high maximum leverage of 1:3000 and a low minimum deposit of $100, making it accessible for traders with smaller capital. Cons: 1. Lacks a verified regulatory license from a major financial authority, resulting in minimal oversight. 2. Fixed spreads from 3 pips are relatively high compared to industry standards. 3. The broker's operational transparency is limited, with no disclosed trading platforms or execution metrics.

WikiFX data shows no user complaints or exposure records currently on file for Trade Market Cup.

Trade Market Cup does not hold regulatory authorization from US bodies such as the SEC or CFTC. Its terms of service may restrict access from the United States. Traders should verify directly with the broker regarding regional availability.

Trade Market Cup offers fixed spreads starting from 3 pips across all account types. This is considered high compared to many ECN or raw spread accounts. The Commissions account likely charges an additional commission, though the exact fee is not disclosed. There is no information on swap rates or other hidden fees. Overall, trading costs may be elevated.

Trade Market Cup provides three account types: STPs Pro, Commissions, and Standards. All accounts have a minimum deposit of $100, maximum leverage of 1:3000, and fixed spreads from 3 pips. The primary difference appears to be the fee structure: the Commissions account likely involves a separate commission, while the STPs Pro and Standards may be spread-only. All accounts support EA, scalping, and hedging. No Islamic account is offered.

The maximum leverage offered is 1:3000, which is very high. High leverage amplifies both potential profits and losses. Given that the broker lacks verified regulatory oversight, the risk is further increased. Traders should carefully assess their risk tolerance before using such high leverage.

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Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.