Forex Brokers

TRSystem

1.5 (15 reviews)
🇦🇺 Australia
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1.5
15 reviews
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About TRSystem

TRSystem has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +44 02038074325

Addresses: 4 Parda Street Downtown District Harju County Tallinn 10151 Estonia; 89 Bickersteth Road London SW17 9SH This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.cfds100.com.

Customer Reviews

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Patrick E.
1 months ago

I found TRSystem after reading several online reviews and the initial impression was positive. But for a few weeks now later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Clear documentation|Detailed reporting|Quick verification

Cons: Minor UI glitches occasionally|Some tools only available on higher tiers

Web platform does not work on Safari

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Diana H.
2 months ago

KYC with TRSystem is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Two-factor authentication|Real-time alerts

Cons: Mobile app could be improved

Reseller could not help

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Lauren L.
3 months ago

The so-called education at TRSystem 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 the beginning of the year thinking they would help me learn.

Pros: Economic calendar|Tax reports included

Cons: Charting tools need more indicators

They should be ashamed

S
Sophia Z.
4 months ago

Do not be fooled by the professional-looking website. Behind the scenes, TRSystem is disorganized and incompetent. I found them through my accountant's suggestion and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Instant funding|Wide product range|Demo account available|Professional team

Cons: Could offer more webinars|Minimum deposit could be lower

Bonus terms impossible to meet

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Zoe J.
4 months ago

Customer support at TRSystem seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.

Pros: Easy to use platform|Professional team

Cons: Alert system is basic

Overnight fees excessive

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Carl S.
4 months ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. TRSystem said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Copy trading available|Helpful community forum

Cons: Cannot customize dashboard fully|Some tools only available on higher tiers

Account restricted after profit

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Robert A.
6 months ago

I gave TRSystem a fair chance. After for a few weeks now of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Automated trading options|Market news feed|Low minimum deposit|Quick verification

Cons: Could offer more webinars

They do not honor their terms

M
Melody W.
7 months ago

The reporting at TRSystem is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Good mobile app|Social trading features|Regular platform improvements

Cons: None so far

Completely let down by TRSystem

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Zoe K.
8 months ago

The spread at TRSystem is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them when my bank disappointed me and I searched for alternatives and initially thought the platform was good - until I started trading seriously.

Pros: Clear documentation|Dividend tracking|Intuitive for beginners|Quick verification

Cons: No phone support on weekends

Must sell everything to leave

G
Gabrielle H.
9 months ago

Do not use TRSystem for anything serious. I used them since the beginning of the year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Real-time alerts|Educational resources|Transparent fees

Cons: Some tools only available on higher tiers