TD Markets Review 2026

Item: TD Markets
Rating: 4.82
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: July 06, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $50
Fees 10 /10
Account types 4.1 /10
Regulation 6.8 /10

4.8 /10

High risk

TD Markets User Reviews 2.0
Commissions and Fees 10.0
Regulation and Safety 6.8
Account Types 4.1
Deposit and Withdrawal 4.7
Markets and Tradable Assets 6.8
Trading Account Opening 9.0
Customer Support 3.5

TD Markets Pros & Cons

Intuitive interface, popular MT4 trading platform, and a minimum deposit of $50 comprise a low entry level for traders;
Trader can form a balanced and diversified portfolio with over 100 assets from 8 groups;
The broker has optimal margin-call and stop-out indicators. In addition, there is a negative balance protection function;
Registration takes no more than 5 minutes, and the most popular deposit options for South Africa are available;
The broker is controlled by FSCA, which is a guarantee of its reliability;
TD Markets offers business partnerships by providing ready infrastructure with rapid integration;
The training program is represented by video tutorials and webinars; also, the broker publishes news and analytical materials in its blog.

TD Markets does not have options for passive income, such as partnership programs, copy trading, or investment solutions;
The broker provides the most demanded assets, however, it does not have a huge number of financial instruments, as compared to its competitors;
Although MetaTrader 4 is a popular platform, many traders prefer other solutions, but they are not available here.

TU Expert Verdict

TD Markets carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

Top-5 Brokers Traders Prefer

zForex

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Plus500

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Trading.com USA

6.8 /10

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OANDA

6.8 /10

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FOREX.com

6.7 /10

Regulation Tier-1

EUR/USD 0.7 pips

TD Markets User Reviews

Score:

2 /10

2 total

5-star

0%
4-star

0%
3-star

0%
2-star

0%
1-star

100%

I’ve had many various issues during the time I worked with the TD Markets broker, which included delays in order execution, payments, and withdrawal processing was never on time. This broker does not have conditions for stable and profitable work. I am not satisfied.

I wouldn’t trade with TD Markets. I am not satisfied with our cooperation, which did not last long. The platform is very slow, the analytics is random, so I don’t have a good opinion about them, guys! !!

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Commissions and Fees

Score:

10 /10

The trading and non-trading commissions of TD Markets have been analyzed and rated as having Low fees, with a fees score of 10/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee
No deposit fee
No withdrawal fee

Complex fee structure

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of TD Markets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, TD Markets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

TD Markets Standard spreads
	TD Markets	ZForex	OANDA
EUR/USD min, pips	0.5	0.1	0.1
EUR/USD max, pips	1.1	0.4	0.5
GPB/USD min, pips	0.5	0.2	0.1
GPB/USD max, pips	1.8	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

TD Markets RAW/ECN spreads
	TD Markets	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	2	7	3.5
EUR/USD avg spread	0.1	0.1	0.15
GBP/USD avg spread	0.15	0.15	0.2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with TD Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

TD Markets Non-Trading Fees
	TD Markets	ZForex	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0	0-15
Inactivity fee ($, per month)	0	0	0

Is TD Markets Safe?

Score:

6.8 /10

TD Markets has a safety score of 6.8/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Is regulated
Negative balance protection
Track record over 11 years

Not tier-1 regulated

TD Markets Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FSCA SA	Full Name Financial Sector Conduct Authority of South Africa	Country of regulation South Africa	Investor Protection Fund No specific fund	Regulation Level Tier-2

TD Markets Security Factors
Foundation date	2015
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

4.1 /10

TD Markets offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Tight spread ECN account
Demo account
Low minimum deposit

Micro lots are not available
No Cent account

TD Markets account types vs top competitors
	TD Markets	ZForex	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	Yes	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	Yes	Yes	Yes
VIP	No	No	No
Managed	No	No	No

TD Markets accounts trading conditions

The first thing to decide is a suitable account type. TD Markets offers one demo account and two live accounts, so it's quite simple. A demo account does not require a deposit, it uses current quotes, so traders work with virtual currency. To get a live account, you need to make an appropriate deposit. Transactions on live accounts are displayed on the interbank market and make a profit if successful. The Gold account is designed for novice traders. It offers extremely low minimum deposits, high leverage, and access to all asset types. The Pro account, as its name suggests, is suitable for advanced players. Its minimum deposit is much higher, the leverage is lower, but the conditions are more flexible.

Account types:

Account Type	Description
Gold	Minimum deposit is $50, maximum leverage is 1:500, spread is from 1.8 pips, no fee, and all assets are available;
Pro	Minimum deposit is $1,000, maximum leverage is 1:500, spreads are from 0.1 pips, fee is $8, and all assets are available including premium instruments.

On a demo account, clients can trade any asset with maximum leverage.

Deposit and Withdrawal

Score:

4.7 /10

TD Markets received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

TD Markets offers limited payment options and accessibility, which may impact its competitiveness.

No deposit fee
Bank wire transfers available
Low minimum withdrawal requirement
Minimum deposit below industry average

Wise not supported
PayPal not supported
Limited deposit and withdrawal flexibility, leading to higher costs

What are TD Markets deposit and withdrawal options?

TD Markets offers a limited selection of deposit and withdrawal methods, including Bank Wire, Skrill, Neteller. This limitation may restrict flexibility for users, making TD Markets less competitive for those seeking diverse payment options.

TD Markets Deposit and Withdrawal Methods vs Competitors
	TD Markets	ZForex	Plus500
Bank Wire	Yes	No	Yes
Bank card	No	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	Yes	No

What are TD Markets base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. TD Markets supports the following base account currencies: USD, ZAR.

What are TD Markets's minimum deposit and withdrawal amounts?

The minimum deposit on TD Markets is $50, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact TD Markets’s support team.

Markets and Tradable Assets

Score:

6.8 /10

TD Markets offers a limited selection of trading assets compared to the market average. The platform supports 100 assets in total, including 63 Forex pairs.

Crypto trading
Indices trading
ETFs investing

Bonds not available
Limited asset selection

Supported markets vs top competitors

We have compared the range of assets and markets supported by TD Markets with its competitors, making it easier for you to find the perfect fit.

	TD Markets	ZForex	Plus500
Currency pairs	63	50	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	100	80	2800
Stocks	Yes	Yes	Yes
Commodity futures	Yes	Yes	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	Yes	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products TD Markets offers for beginner traders and investors who prefer not to engage in active trading.

	TD Markets	ZForex	Plus500
Bonds	No	No	No
ETFs	Yes	No	Yes
Copy trading	Yes	Yes	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

9 /10

We successfully registered an account with TD Markets in 12 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at TD Markets is $50.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Low minimum deposit requirement
Fully online account opening process
Fast registration time (up to 15 minutes)

Account approval may require extra time depending on the documentation.

TD Markets account opening
	TD Markets	ZForex	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$50	$10	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	12	8	5
KYC time (days)	2	1	3

Is TD Markets available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

To start trading with the broker, register on its website, open an account, and make a deposit. Also, verify your user account, that is confirm your personal information. Traders Union has compiled the below guide on how to open an account with TD Markets.

Go to the broker's website. In the main block there are the "Open Demo Account" and "Open Live Account" buttons. Click either of them. In TU’s example a live account will be registered.
Select the type of registration. You can register as a client or partner (this is a business option). Next, specify the type of account. You can choose Gold or Pro accounts (note that you need a Pro Crypto account to trade cryptocurrency). Then enter the account category, for individuals it can only be the "Trading" category. Select your title, indicate your first and last names, gender, and date of birth. Next, enter your email, registration address, and generate a password. Click the “Next” button.
Indicate your citizenship and your country of residence. Enter data from your ID in the corresponding field. Indicate your status and required financial information. Click the “Next” button.
Indicate your experience in trading certain financial instruments and agree to the terms of service by ticking the appropriate checkboxes. Click the “Next” button.
The system will notify you when the review of your registration is complete. Click the “Login” button. Use your email as your login. Enter the password you provided during registration. Click the "Login" button again.
You now have access to your user account, but you cannot open a live account yet. To do this, verification is required, that is, confirmation of your personal information. Go to the "Documents" section. Upload photos/scans of required documents.

You can find out which documents are needed for verification by hovering over the section name; a hint will appear in a pop-up message. Verification of documents takes several days, and after its completion, you will be able to open a trading account.

Functions of TD Markets’ user account:

Dashboard. It displays up-to-date information about all accounts and trades of a client;
My accounts. Contains a list of accounts with their type, platform, floating PnL (Profit and Loss), and other parameters is provided;
Transactions. In this section, a trader can deposit or withdraw funds from the platform by selecting a convenient channel;
Documents. Here the documents used for verification (confirmation of personal information) are uploaded;
Profile. This section contains the registration data of users, as well as the newsletters they receive.

Customer Support

Score:

3.5 /10

The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.

In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.

Information

Technical (or client) support is needed for traders to address a competent specialist in a situation that they cannot handle on their own. It doesn’t matter how intuitive the interface and detailed FAQs of the website are, traders still need assistance from managers from time to time. In the case of TD Markets, they can contact the call center, use email or live chat, or leave tickets on the website. The broker’s tech support is available 24/7.

Technical support will answer your questions, even if you are not registered with the broker
Managers are online 24/7
Experts assess the high speed and quality of technical support

Technical support is not available in most major languages
Reply speed of managers can be lower during rush hours

If you have questions or need assistance, use one of the following communication channels:

call center;
email;
live chat on the website and in the user account;
contact form.

The broker has its official profiles on Instagram, Twitter, Facebook, and LinkedIn. It is recommended to subscribe to the broker and not miss news and important newsletters.

Contacts
Foundation date	2015
Registration address	Floor 12 Green Park Corner, 3 Lower Rd, Sandton, 219
Official site	https://www.tdmarkets.com/
Contacts	care@tdmarkets.com 010 3000 001

Best TD Markets Alternatives

zForex

7.9 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.5 /10

Regulation Tier-1

EUR/USD 0.5 pips

Trading.com USA

6.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

OANDA

6.8 /10

Regulation Tier-1

EUR/USD 0.1 pips

FOREX.com

6.7 /10

Regulation Tier-1

EUR/USD 0.7 pips

FAQs

What trading commissions and non-trading fees does TD Markets charge?

TD Markets is described as having low overall fees, with a fees score of 10/10 and no deposit, withdrawal, or inactivity fees. On Standard accounts, trading costs are built into floating spreads, with typical EUR/USD spreads ranging from 0.5 to 1.1 pips and GBP/USD from 0.5 to 1.8 pips, while ECN/RAW accounts have market-based spreads plus a $2 per lot commission and average EUR/USD and GBP/USD spreads of 0.1 and 0.15 pips respectively.

What types of trading accounts are available at TD Markets and how do they differ?

TD Markets offers a demo account and two main live accounts: Gold and Pro, along with a Swap Free (Islamic) option, but it does not provide Cent, Micro, VIP, or managed accounts. The Gold account has a $50 minimum deposit, up to 1:500 leverage, spreads from 1.8 pips and no fee, while the Pro account requires a $1,000 minimum deposit, offers up to 1:500 leverage, spreads from 0.1 pips, an $8 fee, and access to all assets including premium instruments.

What do user reviews and feedback say about TD Markets overall?

Based on available user reviews, TD Markets has a user satisfaction score of 2/10 from 2 reviews, with 100% of ratings being 1-star. This indicates that the limited feedback currently available is mostly negative, and more reviews would be needed for a broader perspective.

How do TD Markets clients review its deposit and withdrawal methods and limits?

The review notes that TD Markets provides bank wire, Skrill, and Neteller for deposits and withdrawals, with no deposit or withdrawal fees and a minimum deposit of $50 and minimum withdrawal of $100. However, it also highlights limitations such as no bank card or PayPal support and only USD and ZAR as base currencies, which may reduce flexibility for some users.

How is TD Markets customer support described in reviews and expert feedback?

TD Markets’ customer support is rated with a safety score of 3.5/10, with testing indicating slower-than-expected responses and limited depth of assistance. At the same time, the review notes that support is available 24/7 via call center, email, live chat, and contact form, and that experts positively assess the speed and quality of technical support, although language coverage is limited and response times can decrease during busy periods.