Advantages of Expo Trust Company
The Expo Trust company is presented as a reliable trading platform designed to meet the needs of investors of all levels. The broker’s website promises simplicity and intuitive tools to facilitate the successful implementation of clients’ trading strategies, regardless of their experience.
Strengths of Expo Trust
Expo Trust highlights several key aspects in its activities, including:
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Simplicity
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Legality
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Support
The broker states that it is regulated in accordance with the standards of the FCA supervisory authority. However, there is no information on license numbers or scanned copies of documents confirming this on the platform.
Trading Conditions of Expo Trust
Expo Trust offers 4 types of trading accounts, each with individual servicing conditions:
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Standard — metals, Forex, minimum lot 0.01, leverage up to 1:1000, stop out 10%
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Ultimate — metals, commodities, cryptocurrencies, Forex, minimum lot 0.01, leverage 1:500 – 1:1000, stop out 20%
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Pro — metals, commodities, cryptocurrencies, Forex, stocks, minimum lot 0.01, leverage 1:100 – 1:1000, stop out 40%
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Elite — metals, commodities, cryptocurrencies, Forex, stocks, minimum lot 0.01, leverage 1:1 – 1:1000, stop out 50%
The higher the tariff plan, the more opportunities are available to the trader.
Information on depositing and withdrawing funds is only available to registered users.
Conclusion
The Expo Trust broker offers a wide range of tools, but full transparency and information on the legal aspects of its operations remain uncertain. Before registering, it is advisable to consider all the details and read reviews about the Expo Trust company.
Having dealt with Expo Trust for my investment needs, I must say, I am sorely disappointed. The level of professionalism that I expected based on their portfolio was simply not matched in our interactions. They were consistently unresponsive, and when I did manage to reach them, their guidance was often lacking and unimpressive. They also imposed numerous hidden charges which were not explicitly clarified beforehand. Moreover, their commission rates were significantly higher from the market rate, which seemed unjustified considering the mediocre service they delivered. Therefore, my experience was far from convenient or profitable. Regrettably, I would not recommend Expo Trust for anyone looking for commendable broker services.
Expo Trust has failed to meet my expectations with their poor communication, lack of transparency, and underwhelming investment performance.