ANSWER TriumphFX is an untrustworthy broker even though it states offers that look too good to be true.TriumphFX claims to be owned by Triumph Int. (Cyprus) Limited authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under the License number 293/16. However, as per the information we hold, TriumphFX is a Ponzi scheme. Regarding your question, we hence recommend investors stay away from TriumphFX and trade with trusted brokers under fully regulations.
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