https://trendsmacro.com
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Ascana Group Ltd
TRENDSMACRO
Marshall Islands
Pyramid scheme complaint
Expose
GENERAL INFORMATION AND REGULATION
Trendsmacro is a new online broker that specializes in forex and CFD trading. Its service promises to be user-oriented while maintaining a top level of quality. Trendsmacro started operating in 2021 and works from the UK and The Republic of the Marshall Islands. Its exact addresses are 7 Bell Yard, London, and Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, respectively. Our Trendsmacro review will help you determine whether the broker suits your needs.
Trendsmacro is a modern brokerage and, as such, faces steep competition. It seems that a new broker opens every other day and promises that itll be the next big thing. More often than not, those turn out to be scams or firms with such a poor service that they border scam territory. However, Trendsmacro makes no such claims and lets its actions and user experience speak for itself. The primary thing the broker focuses on is letting customers be in charge of how they trade.
And Trendsmacro also promises to take care of your success, no matter if the market is bullish or bearish. What Trendsmacro fails to mention however, is that they do not have a legit forex license and even is worse – that they have already been exposed as a scam by the Financial Conduct Authority (FCA) in the UK. Hence Trendsmacro is not a legit broker, but a unregulated scam website
MARKET INSTRUMENT
Trendsmacro is a forex and CFD-focused broker. Its CFDs cover the most popular trading categories, meaning the asset section is far from lacking. The broker also has every major and specific exotic forex pairs, allowing for conventional trading and experimentation. Here are the trading product categories at trendsmacro.com:
• Forex
• Indices CFDs
• Stock CFDs
• Metals CFDs
• Energies CFDs
• Futures CFDs
ACCOUNT AND LEVERAGE
Here are some specifications about the accounts at trendsmacro.com:
Bronze
• Spreads: From 2.8 Pips
• Leverage: 1:100
• Trading Terminal: MetaTrader4
• Amount of Open Positions: Unlimited
• Trade Size: From 0.01 to 50 Lots
• Personal Account Manager: Yes
• Minimum Investment: $250
Silver
• Spreads: From 2.5 Pips
• Leverage: 1:200
• Trading Terminal: MetaTrader4
• Amount of Open Positions: Unlimited
• Trade Size: From 0.01 to 50 Lots
• Personal Account Manager: Yes
• Minimum Investment: $2,000
Gold
• Spreads: From 1.5 Pips
• Leverage: 1:300
• Trading Terminal: MetaTrader4
• Amount of Open Positions: Unlimited
• Trade Size: From 0.01 to 50 Lots
• Personal Account Manager: Yes
• Minimum Investment: $10,000
Platinum
• Spreads: From 0.1 Pips
• Leverage: 1:400
• Trading Terminal: MetaTrader4
• Amount of Open Positions: Unlimited
• Trade Size: From 0.01 to 50 Lots
• Personal Account Manager: Yes
• Minimum Investment: $50,000
SPREADS AND COMMISSIONS
The broker offers a zero-commission account model for forex trading, with broker profits taken exclusively from the spreads. Spreads depend on the account type held, but are very competitive on the higher-level accounts, with spreads on the premium Platinum Account starting from just 0.1 pips.
TRADING PLATFORM AVAILABLE
As we mentioned multiple times through our Trendsmacro broker review, it uses MetaTrader4. Experienced traders will undoubtedly already be familiar with the ins and outs of the software, as it‘s the most prominent on the market. Even newbies won’t have any issues getting used to it, as its intuitive UI lends itself to novices excellently. Mobile and web trading is also available at Trendsmacro.
DEPOSIT AND WITHDRAWAL
Once you have opened your TRENDSMACRO account, the first thing you will need to do is to pay some funds into it to start trading. This is easy to do and there are a couple of different options available like:
Card payment Visa and Mastercard are both accepted. And Wire transfers are also accepted, but currently they do not support E-wallet and other third-party payments processors.
CUSTOMER SERVICE
While traders commonly overlook the importance of customer support, there‘s no denying it’s a vital part of brokers‘ services. Customers often have issues, and if there’s no one to resolve them, they‘re going to have a bad time. Trendsmacro’s support team is quick and efficient, eliminating any negativity throughout the experience.
Phone: +437220971669
Email: support@trendsmacro.net
Trendsmacro presents itself as a high-tech broker with excellent trading conditions, including spreads as low as zero, STP execution, and leverage as high as 1:400. All of this comes with a choice of four account types, a diverse range of trading instruments – including more than 50 currency pairs and several CFDs on indices, metals, energy commodities, stocks, and futures – and the famous MetaTrader4 platform.
The Austrian regulator FMA has issued a warning about the TRENDSMACRO broker scam (www.trendsmacro.com). Ascana Group Ltd, a Marshall Islands-based company, is purportedly the perpetrator of this shoddy white-label scheme. The good news for potential victims is that deposits can only be made once you have been unlocked, which means you have uploaded your documents. Under no circumstances should you do this. Scammers will utilize your personal information and documents, such as passports, proof of address, phone number, and email address, to commit identity theft.
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