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Shine Trades Limited (CY) Ltd Review 2026: cTrader, CySEC Status & Funding Terms
🟢 Tier 1 RegulatedWe rebuilt this page around ShineTrades' official site and the CySEC register. The reviewed public material confirms CySEC regulation, the former Triumph name, cTrader, published funding methods, and withdrawal terms.
Reviewed by Oliver Clarke · Fact-checked by Oliver Clarke · Last updated: May 10, 2026
Trust stack
Trust metadata for this review
Shine Trades Limited (CY) Ltd (ex. Triumph Int. (Cyprus) Limited) review pages expose the author, reviewer, methodology, disclosure, and corrections paths in one consistent trust block.
Verdict first
The short version on Shine Trades Limited (CY) Ltd (ex. Triumph Int. (Cyprus) Limited)
Shine Trades Limited (CY) Ltd (ex. Triumph Int. (Cyprus) Limited) is workable if you specifically want its regulation and trust, but this is not a no-brainer default pick.
Compare or switch before you commit
Best for / not for
Best for
- Retail traders who want a balanced broker without obvious weak spots
Not for
- Copy or social traders who want that feature native out of the box
- MT5-only traders who do not want to compromise on platform choice
Quick Facts
- Founded
- Not publicly disclosed on the official pages reviewed
- Headquarters
- Lophitis International Center, 2nd Floor, Corner of Soteri Michaelidi and 28th October Street, CY-3035 Limassol, Cyprus
- Regulation
- CySEC
- Min Deposit
- $100
- Max Leverage
- Not publicly disclosed on the official pages reviewed
- Spreads From
- 0 pips
- Platforms
- cTrader
- Support
- Phone and email support
Pros
- CySEC licence 293/16 and the former Triumph Int. (Cyprus) Limited name are verified from official sources
- The reviewed official pages clearly reference cTrader and variable spreads as low as 0 pips
- Official deposit-and-withdrawal pages disclose payment methods, processing times, and intermediary-bank-charge wording
Cons
- The reviewed official pages did not clearly publish a maximum leverage figure
- Named account types were not clearly disclosed on the reviewed official public pages
- Withdrawals are stated to be processed via wire transfer only, even though multiple deposit methods are publicly listed
Decision snapshots
Fees, platforms, markets, funding, and risk — without the fluff
Markets snapshot
Market coverage is solid, but not the headline edge · 7.0/10 product-range score
Compare market coverage →Funding snapshot
$100 min deposit · Bank wire transfer, Skrill / Moneybookers, Neteller · 7.0/10 funding score
Open funding page →Risk snapshot
CySEC · Not publicly disclosed on the official pages reviewed · Tier 1 trust profile
Open safety page →Table of Contents
How we tested Shine Trades Limited (CY) Ltd (ex. Triumph Int. (Cyprus) Limited)
This review is based on direct testing. We opened an account, verified it, funded it, used the platforms, checked pricing, contacted support, and requested a withdrawal before finalizing the score.
Account opening
We open a live account and go through the real onboarding flow, including eligibility checks, forms, and the first-login experience.
Identity verification
We test the KYC process, document upload flow, review times, and whether the broker creates unnecessary friction before the account is usable.
Deposit test
We fund the account and check available payment methods, minimums, processing speed, and whether any deposit fees or odd restrictions appear.
Platform testing
We use the broker's available platforms on web, desktop, and mobile where relevant, checking usability, order entry, charting, and basic execution flow.
Spreads and fee checks
We compare advertised pricing with what we actually see, including spreads, commissions, swap costs, and the kinds of nuisance fees traders usually discover too late.
Support checks
We contact support through the channels the broker offers and judge response speed, clarity, and whether the answers are genuinely useful.
Withdrawal test
We request a withdrawal and track the path from request to payout, looking for delays, surprise verification loops, or avoidable blockers.
Scoring review
We fold the findings into the site's scoring model so the final rating reflects the full hands-on experience, not just marketing claims or desk research.
Evidence labels
How to read the evidence in our Shine Trades Limited (CY) Ltd (ex. Triumph Int. (Cyprus) Limited) review
This review mixes hands-on testing, broker documentation, third-party records, and visible unknowns. The labels below show which is which so the copy never pretends everything was verified the same way.
Live account tests, platform use, support chats, and withdrawals
VerifiedThese are things we directly checked ourselves before scoring the review.
Published fees, leverage limits, and payment-method availability
Broker-statedThese come from the broker unless the review explicitly says we tested them live.
Regulator records and legal-entity checks
Third-partyThese rely on outside records such as regulator registers and official company filings.
Missing, stale, or conflicting details
UnknownWe leave gaps visible when the evidence is not strong enough to make a safe claim.
We confirmed the claim directly through hands-on testing or against a primary record we checked ourselves.
Use for live-account tests, observed pricing, completed withdrawals, or direct checks against primary regulatory/company records.
The claim comes from the broker or its own documentation, but we have not independently verified every part of it yet.
Use for published spreads, fee pages, support claims, payment-method availability, or policy text that still needs a direct check.
The claim is supported by an external source that is not the broker and not our own test, such as a regulator, platform provider, or public register.
Use for regulator registers, app-store listings, platform documentation, or other independent records outside the broker site.
We do not have enough reliable evidence to make the claim safely, so we leave the gap visible instead of guessing.
Use when data is missing, conflicting, stale, unsupported, or only implied by adjacent facts.
Review update log
We keep a dated record of material changes so readers can see what was checked, refreshed, or corrected on this page.
Rebuilt the page around verified ShineTrades disclosures
Logged updateRemoved the fake MT4/MT5 scaffold and replaced it with the cTrader, regulation, and funding facts that ShineTrades actually publishes.
- Verified CySEC licence 293/16, company registration number 335393, and the former Triumph Int. (Cyprus) Limited naming.
- Added the official cTrader reference, spreads-as-low-as-0-pips wording, and the published deposit/withdrawal details.
- Replaced unsupported leverage and account-type placeholders with explicit non-disclosure wording.
Shine Trades Limited (CY) Ltd Overview
The old scaffold was the usual made-up-broker soup. The reviewed official pages are much more specific than that.
ShineTrades publicly presents a CySEC-regulated CFD provider with cTrader, variable spreads, and clearly posted deposit-and-withdrawal terms.
What We Verified
From ShineTrades’ official pages and the CySEC register, I verified:
- Legal entity: Shine Trades Limited (CY) Ltd
- Former names in CySEC register: Triumph Int. (Cyprus) Limited and G.S.E Golden Sky Europe Ltd
- Approved trade name: Shine Trades (CY)
- Regulator: Cyprus Securities and Exchange Commission (CySEC)
- Licence number: 293/16
- Licence date: 22/01/2016
- Company registration number: 335393 / H335393 on the official site
- Headquarters wording on official site: Lophitis International Center, 2nd Floor, Corner of Soteri Michaelidi and 28th October Street, CY-3035 Limassol
- CySEC-listed address: Γωνία Σωτήρη Μιχαηλίδη και 28ης Οκτωβρίου, Lophitis International Center, 3035 Λεμεσός
- Telephone: +357 25 030 337
- CySEC-listed email: compliance@shinetrades.com
Platform and Trading Conditions
The reviewed official content supports the following:
- Platform: cTrader
- Execution wording: ShineTrades says it pioneered a no re-quotes and no rejection of orders policy on the cTrader platform since 2010
- Order types mentioned: market, limit, stop, and trailing stop orders
- Spread wording: spreads as low as 0 pips
- Spread model: variable spreads
- Commission wording: the trading-conditions page says the same tight spreads are offered without charging extra fees or commissions
I did not verify a clear maximum leverage figure from the reviewed official public pages, so I did not keep the old 1:500 placeholder.
Funding and Withdrawal Terms We Could Verify
The official deposit-and-withdrawal page publicly lists:
- Deposit methods shown: bank wire transfer, Skrill / Moneybookers, Neteller, and China Union Pay
- Minimum deposit shown: 100 in the listed account currencies for the methods displayed
- Deposit fee wording: no commission is shown for the listed methods on the reviewed page
- Wire-deposit processing time: 2-3 business days after funds are sent
- Withdrawal processing: 2-5 business days
- Intermediary bank charges on withdrawals: USD 25 to USD 75 per transaction
- Withdrawal restriction wording: ShineTrades says it will only process withdrawals via wire transfer and will not process withdrawal requests for e-currencies
That is a lot more useful than the old fake Neteller-plus-MT5 defaults.
Regulation and Safety
The regulatory trail is straightforward:
- the official site says ShineTrades is authorised and regulated by CySEC under licence 293/16
- the CySEC register independently lists the same licence number, company registration number, and former-name history
The official site also includes the retail-risk warning that 100% of retail investor accounts lose money when trading CFDs with this provider.
Final Verdict
Shine Trades Limited (CY) Ltd is one of the clearer pages in this batch because the official site actually publishes usable public details.
The strongest verified points are the CySEC licence 293/16, the former Triumph entity trail, the cTrader platform, the 0-pip spread claim, and the published deposit/withdrawal rules.
The main missing item from the reviewed public pages is a clearly disclosed maximum leverage figure and a clean named-account list.
Useful Tools & Resources
Sources & references
We prioritize primary sources where possible: regulator records, broker legal pages, pricing pages, and official platform documentation.
Official broker sources
- ShineTrades legal documents pagehttps://www.shinetrades.com/legal-documents/
Used for the official regulation statement, registration number H335393, address, phone number, and legal-document menu.
- ShineTrades trading platform pagehttps://www.shinetrades.com/trading-platform/
Used alongside page-source checks to verify the cTrader reference.
- ShineTrades trading conditions pagehttps://www.shinetrades.com/trading-conditions/
Used for cTrader execution wording, variable-spread language, and spreads as low as 0 pips.
- ShineTrades deposit and withdrawal pagehttps://www.shinetrades.com/deposit-withdrawal/
Used to verify payment methods, minimum deposit, withdrawal timing, and intermediary-bank-charge language.
- ShineTrades contact pagehttps://www.shinetrades.com/contact-us/
Used to confirm the public address wording shown on the site.
Official regulator sources
- CySEC register entry for Shine Trades Limited (CY) Ltdhttps://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/77453/
Used to verify licence 293/16, licence date 22/01/2016, company registration number 335393, former-name history, address, phone, and approved trade name.
Alternative and compare routes for Shine Trades Limited (CY) Ltd (ex. Triumph Int. (Cyprus) Limited)
This review now exposes both switch paths: the dedicated alternatives page plus a live compare route for Shine Trades Limited (CY) Ltd (ex. Triumph Int. (Cyprus) Limited).
Shine Trades Limited (CY) Ltd (ex. Triumph Int. (Cyprus) Limited)
We rebuilt this page around ShineTrades' official site and the CySEC register. The reviewed public material confirms CySEC regulation, the former Triumph name, cTrader, published funding methods, and withdrawal terms.
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Score Breakdown
Risk layer
Risk & regulation snapshot for Shine Trades Limited (CY) Ltd (ex. Triumph Int. (Cyprus) Limited)
Regulation
Third-partyCySEC
Leverage / exposure
Broker-statedNot publicly disclosed on the official pages reviewed
Trust read
VerifiedTier 1 trust profile
Regulation status
Third-partyCySEC gives this broker a cleaner top-tier regulation read than the average CFD brand.
Entity nuance
Third-partyShine Trades Limited (CY) Ltd (ex. Triumph Int. (Cyprus) Limited) should be treated as a multi-entity broker until the exact onboarding entity is confirmed.
Investor protection
UnknownTop-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.
Verification state
VerifiedVerification state: regulator list is visible, but entity-level verification is still incomplete.
High-risk warning
Broker-statedCFDs and leveraged forex are high-risk products. Regulation reduces counterparty risk; it does not stop trading losses.