Trident Assets has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Trident Assets. This company is a suspected boiler room, a form of online investment fraud. Trident Assets has approached persons without being asked, to offer them investment proposals. A boil... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://assetstrident.com/.
The spread at Trident Assets is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a friend recommended them and initially thought the platform was good - until I started trading seriously.
Pros: Multiple order types|Excellent charting|Segregated accounts
Cons: Some tools only available on higher tiers|Research section could be deeper
I wanted to transfer my portfolio from another broker to Trident Assets. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Quick verification|Reliable uptime
Cons: Limited demo account features|Desktop app not available on Linux
Where do I even begin with Trident Assets? for just over a year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Real-time alerts|Competitive fees|High security standards|Helpful community forum
Cons: Limited demo account features
The so-called education at Trident Assets is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since I opened my account last year thinking they would help me learn.
Pros: Full transparency|Fast deposits|Economic calendar|Competitive fees
Cons: Onboarding videos are outdated
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Trident Assets is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I lost a significant amount because Trident Assets did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Regular updates|Stable platform|Helpful community forum|Clean UI
Cons: No live chat on mobile|Wish they had more educational resources
Several red flags with Trident Assets: (1) They promise unrealistically high returns, (2) They're not registered with The Dutch Authority for the Financial Markets, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by The Dutch Authority for the Financial Markets|Cannot verify credentials
Trident Assets changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Regular updates|Fast support response|Segregated accounts|Instant funding
Cons: Spreads widen during volatile periods
The mobile app from Trident Assets is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Multi-device support|Real-time alerts|Segregated accounts|Easy to use platform
Cons: Email notifications too frequent|Help articles are sometimes vague
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Trident Assets recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Full transparency|Customizable dashboard
Cons: Some tools only available on higher tiers|Search feature is basic