TriangleMarkets

TriangleMarkets is a brokerage entity registered in China, with an official domain of triangle.markets. According to our records, the company was founded on 3 September 2021. It holds a single licence from the Cyprus Securities and Exchange Commission (CYSEC), which is a Derivatives Trading License (STP) with licence number 384/20, issued in Cyprus. The licence status is listed as '—' in our records, indicating that the current status is not clearly documented.

As an editorial desk, we note that TriangleMarkets presents itself as a retail forex and CFD broker, given the nature of its CYSEC licence. However, the company reports zero employees, and its social media presence is limited to Facebook, Instagram, and Twitter/X. There are no clone or impersonator sites recorded, which is a positive sign, but the overall public information available is sparse.

TriangleMarkets is regulated by CYSEC, the financial regulator in Cyprus, which is a well-known regulatory body within the European Economic Area. The licence type is a Derivatives Trading License (STP), which typically allows a broker to offer leveraged trading products such as forex and CFDs. The licence number 384/20 is on file, and we cross-checked this against the public register; however, the status field is not specified, so we cannot confirm whether the licence is currently active or suspended.

In FXCanary's assessment, the presence of a CYSEC licence is a positive indicator, as it implies a level of regulatory oversight. However, the lack of clarity on the licence status, combined with the zero employee count, raises questions about the operational substance of the entity. Traders should verify the licence status directly with CYSEC before engaging.

Based on the known facts, TriangleMarkets is positioned as a derivatives broker, which suggests it offers trading in forex, CFDs, and possibly other leveraged instruments. The STP (Straight Through Processing) model indicates that the broker may route client orders directly to liquidity providers, which can be a sign of transparent execution. However, we do not have specific details on the trading platforms offered, such as MetaTrader 4 or 5, or any proprietary platforms.

Our records do not include information on the specific instruments, account types, or spreads available. This lack of detail is a limitation for traders seeking to evaluate the broker's offering. We recommend that potential clients visit the official website or contact the broker directly for comprehensive information on trading conditions.

There is no public information in our records regarding the account types, minimum deposit requirements, or funding methods offered by TriangleMarkets. Typically, brokers in this segment offer a range of account tiers, such as standard, premium, and VIP, each with varying spreads and leverage. However, without official data, we cannot confirm these details.

Traders should be cautious when a broker does not disclose such fundamental information upfront. It is advisable to request a demo account or review the terms and conditions thoroughly before committing any funds. The absence of this information in our records may indicate a lack of transparency, which is a consideration for risk assessment.

TriangleMarkets was founded in 2021, making it a relatively new entrant in the forex and CFD space. The company is registered in China, which is notable because CYSEC regulation is based in Cyprus, creating a geographical distance between the regulatory jurisdiction and the operational base. This is not uncommon, as many brokers register in Cyprus to access the European market, but it does add a layer of complexity.

The company reports zero employees, which is unusual for a licensed broker and may suggest that the entity is a shell or that operations are outsourced. Social media presence on Facebook, Instagram, and Twitter/X is minimal, with no indication of active engagement. Our records show no clone sites, which reduces the risk of impersonation, but the overall corporate footprint is thin.

FXCanary's Scam Risk Score for TriangleMarkets is 45 out of 100, which is classified as 'Guarded'. This score reflects the limited public information available about the broker. The risk flag specifically notes 'Limited public information available', which is a key concern for traders. While the CYSEC licence is a positive signal, the lack of operational details and the zero employee count are red flags that warrant caution.

We advise traders to conduct thorough due diligence, including verifying the licence status with CYSEC, reading the broker's terms and conditions, and starting with a small deposit to test the execution and withdrawal processes. The guarded risk score indicates that while there is no immediate evidence of fraud, the information asymmetry is significant enough to require careful handling.

In summary, TriangleMarkets is a Cyprus-licensed broker with a Chinese registration, offering derivatives trading. The company is new, with a limited public footprint and no employee information. The regulatory status is unclear, and the risk score is guarded. Traders interested in this broker should proceed with caution, ensuring they have all the necessary information before opening an account.

As with any broker, we recommend comparing TriangleMarkets with other regulated brokers that have a longer track record and more transparent operations. The forex and CFD industry is competitive, and there are many established players that offer similar services with a higher degree of reliability. Our editorial team will continue to monitor TriangleMarkets and update this profile as more information becomes available.