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Trustbanc

Moderate risk
Nigeria · 5-10 years · since 2019-11-08 · TrustBanc Group
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
43/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.57/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from Trustbanc? Our free assistant writes up your case and shows exactly what to do next →
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No sign that Trustbanc actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
43
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameTrustBanc Group
Headquarters Nigeria
Founded2019-11-08
Years operating5-10 years
Employees0
Official websitetrustbancgroup.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
163B, Sinari Daranijo Street, Off Ligali Ayorinde VI Lagos Nigeria

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Trustbanc is a Nigerian financial services group that, despite claiming regulation by local authorities on its website, does not have verifiable major licences according to FXCanary’s records. The group focuses on savings, loans, and asset management rather than retail forex trading. The lack of independent regulatory confirmation poses a risk for clients, making thorough due diligence essential.

Best for
  • Nigerian residents seeking savings and investment products
  • Clients looking for asset management services
  • Borrowers needing quick loans
Not for
  • Traders seeking forex/CFD brokerage
  • International clients
  • High-risk investors
Period:

Real user reviews

Where Trustbanc operates

Active across 1 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇳🇬 Nigeria

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What Trustbanc says about itself as stated by the broker · not independently verified by FXCanary

About TrustBanc

According to its website, TrustBanc Financial Group is a financial services group poised to be the preferred provider of seamless integrated financial solutions to its clients. The group covers wealth management, non-interest finance and investment, corporate finance, securities trading, savings, and lending. It comprises four operating subsidiaries, which the website states are regulated by the Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), and Lagos State Government.

Products and Services

The broker claims to offer a broad range of financial solutions. These include: N100,000 to N5 million swift loans within 24 hours at a 3% interest rate; a savings account that can be run from anywhere with the tagline 'Save and earn with EASE'; global investment opportunities through TrustBanc Capital, allowing clients to invest in stocks and bonds 'free from uncertainties and gambling'; and Prime by TrustBanc, an account that can be opened in less than 5 minutes with a 'whooping 10% p.a. interest'.

TrustBanc Asset Management

The website introduces TrustBanc Asset Management Limited, which it says is licensed and regulated by the SEC as a funds and portfolio manager. Established in 2014 through the acquisition of Bridge Point Asset Management Limited, the company claims to have grown into one of the largest fund managers in the market with assets worth over N40 billion. It offers research, portfolio management, wealth management, and mutual funds.

Wealth Management Products

For wealth management, the broker promotes its TrustBanc Fixed Income Portfolio, which seeks to return premium yield to investors. The product invests in naira-denominated insured credit instruments and fixed-income instruments to manage liquidity. Features include a minimum investible amount of N5 million, quick redemption within 24 hours, no administrative charges, easy tracking via a digital platform, and flexibility for additions and withdrawals (subject to a 20% penalty on accrued interest for withdrawals before maturity). An investment certificate is provided for all invested funds.

Vision and Values

The company's vision is 'To be the preferred provider of seamless, integrated financial solutions.' Its mission is to be a lifetime companion for building sustainable wealth and prosperity. Core values are Empathy, Accountability, Service, and Ethics (E.A.S.E.). The board members listed on the website include Idris Oladipo Saidu as Chairman and Abubakar Jimoh as Group CEO.

About Trustbanc

Company Overview

Trustbanc is a Nigerian financial services group headquartered in Lagos, Nigeria, with its registered office at 163B Sinari Daranijo Street, Off Ligali Ayorinde Street, Victoria Island. According to the group’s website, it was established in 2019 and operates through multiple subsidiaries covering wealth management, non-interest finance, corporate finance, securities trading, savings, and lending. The group aims to provide integrated financial solutions to clients in Sub-Saharan Africa, with a primary focus on Nigeria.

Regulation and Licensing

The official website of Trustbanc states that its operating subsidiaries are regulated by the Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), and the Lagos State Government. TrustBanc Asset Management Limited specifically claims to be licensed and regulated by the SEC as a funds and portfolio manager. However, FXCanary’s independent records currently do not list any major regulatory licences for the Trustbanc entity itself. Traders and investors should treat the regulatory status with caution and perform their own due diligence.

Products and Services

Trustbanc offers a wide range of financial products tailored to individual and corporate clients. These include savings accounts with competitive interest rates (the Prime account boasts up to 10% p.a.), swift loans ranging from N100,000 to N5 million at a 3% interest rate, and investment opportunities through TrustBanc Capital, which provides access to stocks and bonds. The group also provides asset management services, including portfolio management, mutual funds, and wealth management solutions through its subsidiary TrustBanc Asset Management. Additionally, the group offers research and corporate finance services.

Target Audience

The group’s services are primarily aimed at Nigerian residents and businesses seeking savings, lending, and investment products. The minimum investment for the TrustBanc Fixed Income Portfolio is N5 million, indicating a focus on high-net-worth individuals. The quick loan product is designed for individuals needing short-term liquidity. The savings account and Prime account appear to target a broader retail audience. The group does not appear to offer retail forex or CFD trading services to individual traders.

Contact and Digital Presence

Trustbanc maintains a digital presence through its website (trustbancgroup.com) and social media channels including Instagram, LinkedIn, Twitter/X, and YouTube. The group can be contacted via telephone at 07004446147 or by email at support@trustbancgroup.com. The website includes a feedback form for inquiries. While the group claims to offer digital platforms for account tracking and management, specific details about trading platforms or mobile apps are not provided on the public-facing pages.

Overview compiled by FXCanary from regulatory records and public data. full Trustbanc review