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TIO Markets Review: Your Key to a Trustworthy Trading Experience

TIO Markets review

TIO Markets stands out as a trustworthy and reputable broker with a remarkable score of 91 out of 100. The company, founded in 2019 and based in London, UK, operates as a Forex and CFD brokerage firm. 

TIO Markets UK Limited is registered in the United Kingdom of England and Wales with company registration number 06592025. It is authorized by the Financial Conduct Authority with FRN: 488900. As a reliable firm, TIO Markets offers an extensive range of CFDs and FX instruments across popular MT platforms. To find out more, keep reading our TIO Markets review! 

TIO Markets: Legitimacy and Regulation

Potential traders must conduct thorough research before selecting a broker to trade with. This is important to remember! Trading with a regulated FX company offers automatic protection for customers. How does that work? Well, the company must adhere to specific rules and regulations. Regulating bodies ensure safe trading conditions, including segregated funds and adherence to safe trading practices.

TIO Markets further solidifies its legitimacy by being regulated by the Financial Conduct Authority (FCA) in the United Kingdom. This is a reputable regulatory authority for trading and investment firms. The company adheres to strict regulatory rules and maintains high standards. They keep clients’ funds segregated from reputable banking institutions. Regular audits by independent firms ensure transparency and accountability.

TIO Markets’ Offshore Entity

Note: The British Columbia Securities Commission (BCSC) has issued a warning against TIO Market’s offshore entity. 

TIO Markets Ltd., operating as tiomarkets.com, alleges its registration in Saint Vincent and the Grenadines. However, TIOmarkets lacks registration to trade or advise on securities or derivatives in British Columbia (BC). BC residents must exercise caution when dealing with unregistered firms.

A weak point in TIO Markets is that it runs an offshore entity. There may be differences in trading and safety conditions between entities. It is wise to avoid offshore brokers like Tiomarkets from SVG and Exteom.

General information
Name: TIO Markets Ltd
Regulation status: FCA
Warnings from Financial Regulators: The British Columbia Securities Commission (BCSC) – SVG
Website link: https://tiomarkets.com/ 

https://tiomarkets.uk/

Active since 2019 (2018 for domain age)
Registered in UK, SVG
Contact info: Phone +02038652276
Trading platforms: MT4 and MT5
The majority of clients are from Morocco 

Canada 

the United Kingdom 

Czechia 

South Africa 

Customer support: Yes (24h/7 Live chat)  Facebook, Twitter, Instagram, and Telegram
Compensation fund: Yes for the one in the UK 

TIO Markets: Trading Assets Available

TIO Markets impresses investors with a diverse array of financial instruments, mainly CFDs on Forex currency pairs, stocks, indices, energies, and cryptocurrencies. This variety allows traders to choose instruments that will suit their trading preferences and strategies. However, it is crucial to note that different instruments come with different trading conditions, so it’s essential to ensure your chosen strategy aligns with the selected instrument.

For VIP black account holders, TIO Markets provides access to specific instruments and leverage as follows:

  • Forex: 1:200
  • CFD: 1:200
  • Indexes: 1:100
  • Crypto: 1:5

With a selection of over 300 instruments in five markets, TIO Markets caters to both beginner and experienced traders.

Note: It’s essential to be careful and stay away from trading with unlicensed companies like Finance Proof. This way, you can protect your investments and follow all the necessary rules and regulations. Stay safe out there!

TIO Markets: Trading Platforms Available

TIO Markets MT4 and MetaTrader5 platforms overview

TIO Markets offers the world’s most popular trading platforms, MetaTrader MT4 & MT5. Millions of traders worldwide rely on those platforms for their trading needs. MetaTrader 4 is a popular choice, providing opportunities for traders of all skill levels and portfolio sizes. Expert advisors, algorithmic trading, and advanced technical analysis are among the features.

MetaTrader 5, the advanced version, surpasses MT4 with superior tools. It also has automated trading through robots and signals, and a powerful trading system. MT5 caters to traders seeking advanced functionalities. 

It offers a higher degree of analysis and market research capabilities, with more than 80 technical indicators, 44 graphical objects, and 21 time-frames. It also has a more efficient backtesting system for automated trading strategies.

TIO Markets: Trading Environment

Now, what about the general trading environment? TIO Markets offers many account options to suit specific trading needs. TIO Markets account types are as follows:

  1. Standard Account. Ideal for traders who execute fewer than 5 lots per month.
  2. VIP Black Account. Suitable for traders who trade more than 5 lots per month, offering special privileges.
  3. VIP Account. Tailored for high-volume traders who execute more than 5 lots per month.

The minimum deposit required to get started with TIO Markets is $50. This is quite reasonable for most regular traders.

Besides standard accounts, TIO Markets offers specialized accounts:

  • Copy Trading Account. This account allows traders to copy top-performing traders on global markets to automate their trades. As a strategy provider, traders can attract followers and receive extra rewards for successful trading.
  • Islamic Account. TIO Markets provides Islamic accounts to traders adhering to the Islamic faith. The Islamic account excludes swap fees, ensuring traders do not pay or receive overnight interest. Yet, the fixed commission is slightly higher than other accounts.

Leverage

About leverage, as a UK-based broker, TIO Markets complies with FCA regulations. The maximum leverage for major Forex currency pairs is capped at 1:30. For commodities, it stands at 1:10. TIO Markets SVG may offer you higher leverage ratios, up to 1:500, if you open an account with the company.

TIO Markets offers competitive pricing on its services, with fees varying based on the financial instrument and the size of the trade. For instance, spreads on Forex pairs start as low as 0.0 pips, and there are no commissions charged for trades.

The broker provides an affiliate program, allowing partners to earn commissions through referrals. With a customizable and generous commission plan, partners can enjoy high earning potential.

TIO Markets Mobile Trading App

TIO Markets offers a mobile trading app that allows traders to stay connected and trade on the go. With the app, you can trade anywhere and at any time. 

It provides instant order execution and access to financial instruments (FX, stocks, indices, and commodities). Traders can execute trades easily using the mobile trading app.

TIO Markets Demo Account

For traders seeking to practice their skills without risking real funds, TIO Markets provides a demo account. The demo account offers a simulated trading environment with $50,000 in virtual funds. 

Namely, this allows people to learn and test strategies without losing money. This risk-free environment is amazing and useful, especially for beginners. Yet, experienced traders can also familiarize themselves with the platform and its various instruments.

TIO Markets Bonuses

Now, are there any bonuses with this broker? TIO Markets offers special bonuses to incentivize and reward traders. You can get a 50% bonus on your first deposit. Just deposit $250 or more for the first time and use the promo code. It’s that easy!

The specific bonuses and promotions vary from time to time, offering traders extra benefits on their trades. These may include deposit bonuses, cashback offers, or other attractive promotions.

Autotrading

Autotrading is a popular feature. It allows traders to automatically execute trades based on predefined strategies. TIO Markets supports auto trading. Traders can connect their accounts to top-performing traders and mirror their trades. 

For strategy providers, this feature offers an opportunity to attract followers and receive extra rewards for successful trading.

TIO Markets Fees

TIO Markets offers competitive pricing on its services. Fees vary depending on the financial instrument traded and the size of the trade. Spreads on Forex pairs start as low as 0.0 pips, and trades are free.

TIO Markets withdrawals are generally free for clients who withdraw more than 10 USD (or the same in fiat currency). But, certain situations may incur withdrawal fees. For example, withdrawals without prior trading activity or withdrawals below the minimum threshold.

Inactivity fees may also apply to clients who withdraw from their wallets without trading. The fee structure for inactivity varies depending on the withdrawal method (charges for bank wire, debit/credit card, crypto, and e-wallets).

TIO Markets Education

TIO Markets prioritizes trader education and provides training tools. The platform offers videos covering topics such as:

  • Opening an account, training for beginner traders, and information on trading.
  • Forex glossary is available to learn essential trading terms, and
  • Webinars offer best-in-class education on various trading topics.
  • Seminars and trading tips further empower traders to enhance their trading skills.

TIO Markets Stop Loss

It’s time we discussed stop loss. Stop-loss orders are a crucial risk management tool. 

It allows traders to limit potential losses by closing a trade if the market moves against them. TIO Markets offers stop-loss functionality to protect traders’ capital.

Earning & Withdrawals

TIO Markets withdrawal fees

TIO Markets offers many deposit and withdrawal methods, ensuring convenience for traders worldwide. The TIOmarkets deposit methods include:

  • Bank wire (bank transfer/SWIFT), 
  • VISA, MasterCard, 
  • Bitcoin, Ether/Ethereum, 
  • Local bank transfers, 
  • Other crypto coins, and 
  • UnionPay.

Withdrawal methods mirror deposit options, providing flexibility for traders to access their funds. Traders can choose the best method for their location and preferences.

Customer Support

A reliable and efficient support system is essential for traders. It plays a crucial role in resolving issues and making wise trading decisions. 

TIO Markets provides a supportive and hassle-free trading experience. The support team comprises trained professionals ready to assist traders with their queries. It’s good to note that their support team is multilingual. They offer help in various languages, and they are as follows:

  • English
  • German
  • Spanish
  • Italian
  • Melayu
  • Indonesian
  • Chinese
  • Korean
  • Portuguese

Traders can contact the support team via email, chat, social media channels, or Telegram. All questions are answered quickly and professionally. Moreover, the support team is knowledgeable and friendly, providing traders with all the information needed. 

TIO Markets: Trader Reviews

Trader testimonials provide valuable insight into how TIO Markets’ services are perceived by those who use them. With a TrustScore of 4.7 out of 5, based on 205 total reviews on Trustpilot, TIO Markets enjoys positive feedback from its clients. 91% of the reviews are 5-star ratings, indicating high customer satisfaction. 

TIO Markets has an overall rating of ‘Excellent’, based on reviews. The company is committed to providing the best trading solutions for its customers. Notably, it is clear from the reviews that the company strives hard to meet the expectations of its clients.

Long Story Short – TIO Markets

TIO Markets appears to be trustworthy and legitimate. They are authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. TIO Markets has a broad scope of trading assets, competitive pricing, and advanced platforms. With that offer, they cater to both beginner and experienced traders. 

Similarly, the broker provides top-notch customer service and a supportive, secure trading environment. TIO Markets provides tools and services to support your trading journey, no matter who you are. With positive reviews and a strong TrustScore, TIO Markets stands out as a reputable choice for traders seeking a reliable broker. Always choose a regulated broker like TIO Markets and FXCC.

Are you interested in learning more about regulated brokers? If that is yes, contact us for help!

FAQ Section

Is TIOmarkets a Good Broker?

When it comes to finding a good broker, TIO Markets stands out as the best choice.

Is TIOmarkets Legit?

TIO Markets proves its legitimacy. They are regulated by FCA in the United Kingdom.

What is the Minimum Deposit for TIO Markets?

Tio Market's minimum deposit is $50. This is relatively reasonable.

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