Your capital is at risk TRENDSMACRO is a relatively new online broker — founded in 2020 and based in the Republic of Marshall Islands. The broker prides itself on its expertise as an online trading service provider of currency pairs, precious metals, commodities, and futures.
In terms of trading assets, the broker has access to 50+ top-traded forex currency pairs and 45+ CFDs, including gold, oil, and other popular commodities listed in the foreign exchange market.
Still in its infancy, the broker is sure to be aware of the challenges of placing itself beside the top financial brokers in its sector. Taking this into account, TRENDSMACRO has implemented a number of key features, which include low trading costs, competitive fees, and a large number of trading assets as investment options.
TRENDSMACRO also offers the MetaTrader 4 (MT4) platform for its clients. MT4 offers various options to access the market, including its WebTrader feature and mobile functionality.
With MT4’s Expert Advisors and Automated trading features, TRENDSMACRO makes trading more convenient, especially for those who can’t afford time for market analysis and manual trading.
As a TRENDSMACRO client, you can enjoy leverage up to 1:400, depending on the type of account you choose to open. The broker offers four types of trading accounts that are designed to meet the needs of the individual traders. They include Bronze, Silver, Gold, and Platinum accounts. TRENDSMACRO also allows scalping and encourages day trading by offering tighter spreads. Scalpers with smaller accounts might worry about negative balance, but the broker ensures negative balance protection for all its clients.
In this detailed review, we’ll discuss everything you need to know about TRENDSMACRO, including its features, platforms, transaction methods, safety provisions, and customer service.
Broker Features
TRENDSMACRO offers a wide range of tradable assets, including more than 50 currency pairs such as majors, minors, and exotic pairs. Besides forex, it also has access to 45+ CFDs on indices, metals, energies, futures, and shares.
As mentioned, TRENDSMACRO supports the MT4 platform, allowing traders to easily browse their favourite tradable assets and analyse charts with the platform’s advanced tools and indicators. MT4 also supports automated trades. TRENDSMACRO employs a number of variants of the MT4 platform, including its web terminal, dealing desk and Android and iOS versions. As a result, you can access the market from any place and any device with a single TRENDSMACRO trading account.
The broker does not apply any trading commissions and has minimal spreads, which means there is no charge for placing and closing an order. This feature applies to each of the broker’s trading accounts. TRENDSMACRO’s spreads are unarguably low. The spreads on major forex currency pairs such as EURUSD start from only 0.1.
With no requotes, your order will be executed at the exact rate entered during order placement. Generally, brokers requote traders for a new rate when it fails to execute an order based on the price initially entered.
The broker uses STP (Straight Through Process) executions — a feature that’s available for all TRENDSMACRO account users.
When it comes to support, TRENDSMACRO’s agents are ready 24/5 to answer any question or queries about the broker. With regards to disputes or complaints, they commit to processing these within 48 hours of submission. Alternatively, you can directly contact customer support by email or by using the telephone number provided on the broker’s website.
High leverage involves greater risks and limits account growth potentials. Considering the fact that TRENDSMACRO decides to maintain a standard leverage ratio for its clients — with leverage starting at 1:100 — you can enjoy up to 1:400 leverage depending on your account type.
In addition, all TRENDSMACRO clients are entitled to a personal account manager. As a trader, you can engage with your manager to plan your trades, account growth and future operations.
TRENDSMACRO welcomes day traders and accepts scalping. Also, you can apply EA (Expert Advisor) functionality to its MT4 platform, which enables you to activate the automated trading feature. Once you activate it, the trading platform will execute the trades on your behalf, based on the logic set to make the entries.
As highlighted above, the broker provides negative balance protection for its client’s accounts. If your trading activity forces your account to a negative balance, this system automatically adjusts the balance to zero. It ensures you’re not losing more than you’ve deposited.
Trader Accounts
TRENDSMACRO has designed four types of trading account to meet the custom requirements of individual customers. Here are the details:
- Bronze account: The bronze account is a basic trading account specially created for beginners.Bronze account users enjoy full access to the tradable assets like forex and CFD instruments offered by the broker. The minimum trading size for this account is 0.01 per lot. This account also allows traders to open unlimited positions.The major difference between the Bronze account and the other accounts provided by TREDNSMACRO are the spreads and leverage. The minimum initial deposit for opening a bronze account is $250. Spreads on this account start from 2.8 pips and don’t include any extra fees or trading commissions. Also, each bronze account user is entitled to leverage of 1:100. This account also has a minimum stop-out level of 5%.As detailed in the ‘Broker Features’ section of this account, bronze account users are able to connect with a personal account manager appointed by TRENDSMACRO. The personal account manager offers assistance in all sorts of trading-related issues like investment planning, trading strategies, and market analysis. In terms of trading assistance, this feature is a good opportunity for beginner-level traders — especially those who are planning to learn and earn at the same time.
- Silver account: The silver account is created for intermediate traders. The stand out feature of this account is that it applies tighter spreads compared to the TRENDSMACRO bronze accounts. The spreads here start from 2.5 pips. The minimum deposit limit for this account is $2,000.This account allows for news trading. This means you can place an order during the announcement of price-sensitive news. It is a popular trading technique mostly used by breakout traders who intend to take the advantage of the impact of news on price.Furthermore, this account offers 1:200 leverage to encourage traders to make the most of the markets.
The silver account also allows you to use Expert Advisor (EA) functionality on the MT4 trading platform. EA enables you to initiate automated trade. Like the bronze account, silver account holders can also connect with a personal account manager.
- Gold account: The minimum initial deposit required for this account is $10,000. It offers low spreads, which start from 1.5 pips and the leverage is 1:300. Like the other accounts provided by the broker, Gold account users are entitled to features such as automated trading (EA), a personal account manager, no requotes (STP execution), and news trading.With a gold account, you can open unlimited positions. However, the trade size is limited between 0.01 to 50 lots. According to our research, gold account suits experienced intraday traders.
- Platinum account: Platinum account users can enjoy the highest specification of benefits provided by the broker. Minimum spreads start at 0.01 pips, which is of benefit to day traders scalping the market. This account also offers high leverage, which is 1:400. However, the minimum deposit requirement for opening a platinum account is $50,000.This account has been designed for experienced professionals who require extra leverage and tighter spreads.
Deposits
TRENDSMACRO accepts payments made by debit cards, Visa and MasterCard card. Traders can also deposit funds via bank wire transfer and will need to provide the broker with proof of payment for making deposits by this method.
When funding the trading account, the payment method must be registered in the trader’s name. If you wish to fund your account with a credit/debit card, then it’s necessary provide a copy of the front and back of the card being used. On the front copy show the first and last four digits of the card number, your name, and date of expiry. On the back copy, hide the CVV (Card Verification Value) code. The broker also asks to make sure that the card is signed.
In case the card doesn’t show a name, then the trader can provide a card statement. Before sending the statement, it is advised that the statement shows the account holder’s name and the card number together — proving ownership of the card. The documents the broker requests are used for payment verification only.
Withdrawals
When it comes to fund withdrawals, TRENDSMACRO provides a fast and simple process. It applies an automated system to complete withdrawal requests, ensuring the safety and authenticity of transactions.
For fund withdrawals, simply login to your TRENDSMACRO personal area and click ‘withdrawal’. Next, select your account number, type the withdrawal amount and payment method. Once the required fields of the withdrawal form have been completed, the trader can click ‘request a withdrawal’ and this will complete the process.
Generally, it takes 2 to 3 business days to complete the withdrawal process.
TRENDSMACRO completes transactions in compliance with anti-money laundering international laws. As a result, the broker is obligated to refund the money to the funding source account only. It means traders need to use the same payment method for withdrawals as initial deposits.
Trading Platforms
TRENDSMACRO offers four variants of the MetaTrader4 platform.
- MetaTrader4 Terminal: The MetaTrader4 terminal is a widely used trading platform used by retail foreign exchange participants. It is a portable version that is compatible with desktop systems.This platform gives you real-time access to the financial markets. It lets you monitor all your trading activities, including current account conditions like balance, equity, and free margin.It comes with various built-in indicators that help you analyse the trends, momentums, volume, and volatility of the market.
- TRENDSMACRO offers a free MT4 user guide that helps beginners to learn how to use the platform efficiently.
- MetaTrader4 Mobile: The MT4 mobile platform offers great flexibility for traders who wish to stay connected to the market, even when on the move. It supports both Android and iOS systems. The mobility of this platform allows traders to access the market from anywhere around the globe.It also has basic and useful built-in indicators like moving average, RSI, Heikin Ashi and Stochastics. With this platform, you can analyse price charts, monitor existing trades, and instant execution of opening and closing orders. The MT4 mobile platform also lets you monitor the financial calendar and receive the latest market news.
- MetaTrader4 Web: MetaTrader4 web is also known as MT4 WebTrader. It is a web trading terminal and doesn’t require any software installation. This platform offers direct access to the market through your web browser. Simply follow the WebTrader link (provided by the broker) in your browser and log in using your account ID & password to access the market.MT4 Web allows you to operate your trading account from any PC. Also, this platform comes with useful built-in indicators and chart analysis tools.
- MetaTrader4 for macOS: A platform for Mac operating systems, allows traders to access the market from any Apple device, including laptops, tablets, and iPhone.MetaTrader4 for macOS comes with great functionality, which includes technical indicators and comprehensive analytical capabilities.
Customer Support
You can easily contact TRENDSMACRO customer support by e-mail ([email protected]) and telephone (+441887593306), as listed on the broker’s ‘Contact Info’ page. There is an ‘ask any question’ feature on this page that allows you to ask any questions about the broker and its services. The customer service department is available 24 hours from Monday to Friday.
Safety
TRENDSMACRO is operated by Ascana Group Ltd, registration number: 106476. Its headquarters are based in the Republic of the Marshall Islands.
The broker ensures the client’s funds are locked in segregated accounts with top-tier banks and provides negative balance protection. Even if your account balance turns negative — sometimes due to your trading activity — the balance will automatically be adjusted to zero. This means that clients will never lose more money than they have deposited. Moreover, TRENDSMACRO uses the latest trading technology and ensures highly secure online trading facilities.
The company operates in compliance with international anti-money-laundering laws and follows its safety measures to protect the client’s funds. It stores its client’s personal data in accordance with the ‘Law for Protection of Personal Data’ privacy policy.
Conclusion
In terms of trading platforms, assets, and trading conditions, TRENDSMACRO shows great commitment to establishing itself as a top-class financial broker. It provides advanced trading experiences through MetaTrader4 platforms and includes attractive features like STP execution and ‘no requote’ facilities. The broker offers value to its customers by not charging a trading commission. Additionally, low spreads offer a great advantage for day traders in carrying out scalping tasks.
TRENDSMACRO has been quite innovative in designing its trading accounts. It offers four types of trading accounts intended to meet the individual requirements of both beginners and experienced traders. With a TRENDSMACRO account, you can have access to over 50 forex currency pairs, 45+ CFDs, including stocks, indices, energies, and other commodities.
The broker welcomes scalping and allows automated trading for its clients. Furthermore, all clients can benefit from a personal account manager, providing the opportunity to discuss any trading-related issues with a trained market expert.
According to our in-depth research, TRENDSMACRO offers promising services and unique features, which are sure to be attractive to investors who seek advanced trading conditions.