deposit:
- $50
Trading platform:
- MetaTrader4
- MetaTrader5
- FCA
- FSA
- 0%
deposit:
- $50
Trading platform:
- MetaTrader4
- MetaTrader5
- FCA
- FSA
- 0%
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Summary of TIOmarkets Trading Company
TIOmarkets is a broker with higher-than-average risk and the TU Overall Score of 3.64 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by TIOmarkets clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. TIOmarkets ranks 188 among 396 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Trading at TIOmarkets is conducted by CFDs on the five most demanded asset groups. Trading conditions are attractive but highly dependent on the account type. Spreads on VIP accounts are much tighter than those on the Standard account. On the other hand, fees are below market average, and there are no withdrawal fees. There are not very many options for depositing/withdrawing funds, but all the main ones are available. Leverage is standard and sufficient to increase the profitability of trades. In addition to active trading, this broker offers PAMM accounts and a referral program.
TIOmarkets’ asset pool includes over 300 instruments that consist of CFDs on currencies, stocks, indices, energies, and precious metals. You can start with a free demo account and $50,000 in virtual funds. Then most traders choose one of three live account types such as Standard, VIP, or VIP Black. Any of those can be converted to an Islamic (no swap) account upon request. Account types differ in spreads and trading fees. Spreads are floating, starting from 0.2 pips, the fees are $0, $2, or $5 per lot. Deposits and withdrawals of funds are made without fees by bank transfer, bank cards, or e-wallets. The minimum deposit is $50. Available basic account currencies are USD, GBP, EUR, CAD, and AUD. Traders work through MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Passive income options are PAMM accounts and a referral program. Technical support is available 24/7 via standard communication channels.
💰 Account currency: | GBP, EUR, USD, CAD, and AUD |
---|---|
🚀 Minimum deposit: | $50 |
⚖️ Leverage: | Up to 1:500 |
💱 Spread: | Floating, from 0.2 pips |
🔧 Instruments: | CFDs on currency pairs, stocks, indices, energies, and precious metals |
💹 Margin Call / Stop Out: | 100%/30% |
👍 Advantages of trading with TIOmarkets:
- Free demo account provides for exploring this broker and trying strategies without financial risks;
- Three live account types optimize customization for each trader;
- This broker does not set limits on trading; thus, scalping, hedging, and use of advisors are allowed;
- Large choice of assets combined with an optimal leverage of up to 1:500 provides traders with a high-profit potential;
- Users can work through MT4 and MT5, which can be perfectly customized using plug-ins;
- This broker offers good training, which includes a thematic collection of articles, regular webinars, and current analytics;
- Technical support can be contacted 24/7 via call center, email, live chat, and feedback form.
👎 Disadvantages of TIOmarkets:
- This broker offers only a few trading instruments as compared to its competitors, and all these are CFDs;
- There are quite a lot of materials in the Education section, but they are aimed primarily at novice traders, and there is almost nothing for professionals;
- Residents of the Democratic People’s Republic of Korea, Iran, Iraq, Syria, and some other countries cannot become clients of this broker.
Evaluation of the most influential parameters of TIOmarkets
Trade with this broker, if:
- You want to explore the broker and test strategies without financial risks. TIOmarkets provides a free demo account for this purpose.
- You prefer diverse account options. TIOmarkets offers Standard, VIP Black, Islamic, and MT5 CopyTrading accounts, catering to different trading needs and strategies.
Do not trade with this broker, if:
- You require strong regulation from major financial authorities. To be specific, if oversight from established authorities like the FCA or SEC is a crucial factor for you, TIOmarkets might not be suitable.
- You are located in a restricted jurisdiction. TIOmarkets is not accessible in all countries, including the US and Canada. Ensure the broker's availability aligns with your location.
Table of Contents
Geographic Distribution of TIOmarkets Traders
Popularity in
Top 3 TIOmarkets Customer Reviews i
I have been working with this broker for the second year. I didn’t open a demo at all, I started with the Standard account, then switched to VIP, because spreads there are much tighter. The fee of $2 per lot looks ridiculous if you compare it to most brokers whose fees are $6-$7. In general, there are no complaints about trading conditions. I just want to draw your attention to the fact that all the instruments presented here are CFDs. That is, you do not trade currencies, metals, stocks, and indices themselves, but CFDs on them. For some, this situation will not work, but it suits me quite well. Leverage is 1:500, like with most brokerage companies. There is no copy trading, but there is a partnership program with good conditions, as well as PAMM accounts. Generally, I have no reason not to recommend this broker for close review.
I registered with this broker a month ago. First, as usual, I opened a demo account. Now I trade on VIP. I don’t understand why Standard is needed, if the minimum deposit is $50 anyway, but on “VIPs” both spreads and fees are lower. Moreover, my account type gives access to closed webinars, plus a personal manager. There is none of this on the Standard account. If we talk about trading conditions in general, almost everything suits me. I trade CFDs through MT4, as I have always worked with this platform and consider it a top one. However, the assets are not sufficient so I would like more CFDs on indices. It would also be great to add copy trading, which is a good option for passive income, and from which novice traders can also gain knowledge and experience. This broker is definitely not ideal, but its advantages prevail over its disadvantages. The main thing is that there are no big costs in trading.
I don't have much experience in trading, so I understand that my assessment may not be completely objective. Nevertheless, I note that absolutely everyone likes TIOmarkets. Trading conditions are good! There are more than enough assets. Trading fees are acceptable. The leverage is 1:500, which I think is ideal. The minimum trade volume of 0.01 lots is standard. There is a choice of basic account currencies, and many of the main deposit options are available. Also, this broker does not charge withdrawal fees, but your bank may. TIOmarkets provides comfortable trading conditions, and I am pleased with this situation.
TIOmarkets Latest Comments for 2024 i
- Best
- Last
- Oldest
Expert Review of TIOmarkets
This broker entered the market in 2019. It is registered in Saint Vincent and the Grenadines and is regulated by the Financial Conduct Authority (FCA) and the Financial Services Authority of St. Vincent and the Grenadines (SVGFSA). There was no evidence of non-fulfillment by the company of its obligations to its clients. User ratings are predominantly positive, and the high score is confirmed by expert analysis.
This broker focuses mainly on active trading but also has PAMM accounts for those who prefer to trust professionals and receive passive income. For socially active traders there is a partnership program with very good conditions.
TIOmarkets has a free demo account, and the minimum deposit for live accounts is $50. Account types differ in the availability of VIP services such as a personal manager, but even owners of the Standard account can receive important benefits. For example, daily analytical reports open with a deposit of $500 or more. In general, all account types are profitable. Spreads start from 0.2 pips, and fees of $2 and $5 per lot are below average when compared with other brokers. There is no fee at all on the VIP Black account. Moreover, TIOmarkets does not charge fees for deposits and withdrawals. Thus, the trader's costs are minimized.
Another advantage is the variety of assets. TIOmarkets focuses on CFDs on trading instruments from five groups. So, all traders will find something interesting for themselves. Given the leverage of 1:500, the company's clients can significantly increase their profit potential. Finally, there are no restrictions on strategies and methods, so traders can trade according to their preferences.
The educational system is somewhat better than most of this broker’s competitors. But access to the main materials will appear only after registration and verification. The collection of articles and webinars is very informative, but professionals should not expect deep revelations. This is still only basic training. Also, working with the website is intuitive, and technical support is ready to help at any time, even at night. In this context, the work of the company is highly evaluated.
Dynamics of TIOmarkets’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets and Products of the Broker
Investing can be a constructive advantage for a brokerage company, but not the target for its activities. After all, most traders come to brokers to make money on active trading, which means that it is worth focusing on providing optimal conditions for it. Indeed, joint accounts can bring good profits, and copy trading, in addition to alternative income, provides relevant experience. The referral program is also able to provide additional funds, but this is not a passive method, because you need to communicate a lot on the internet or have a popular blog. One way or another, TIOmarkets offers two of the three listed ways to earn money, namely PAMM accounts and partnerships.
Joint accounts
PAMM accounts allow traders to act as managers or investors. For managers, the trading mechanism does not change, the difference is that sub-accounts of investors are connected to their own accounts. Thus, managers use both their own funds and the money of traders who trust them. At the same time, investors can limit the amount of funds available to managers (for example, a manager bets $1,000 from his own balance, but can only use $100 from an investor account). If the trade is successful, everyone receives a profit equivalent to the invested funds. In the preceding example, the manager will receive 10 times more than the investor, not counting the costs. Also, managers charge a small fee for their services from the traders connected to them. The investors’ benefit is that if managers are experienced market participants, and they win most of the trades, then investors earn 100% passively.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Referral program
There is a section with a referral link in the user account of registered traders. They can place this link on the internet without any restrictions. Each user who follows this link becomes a referee of its owner. When referees register, make deposits, and trade 1 lot, they will automatically bring $50 to the trader who invited them. Thus, you can bring 10 referrals and get $500, after which the inviting trader becomes a full-fledged partner of this broker. The partnership provides access to increased payouts, discounts on spreads, and special promotional materials, like advertising banners. The TIOmarkets referral program allows socially active traders to receive additional income by inviting new clients to this broker. This is a standard practice among brokers and is very beneficial for those users who spend a lot of time on the internet.
Trading Conditions for TIOmarkets Users
Often, if a broker offers multiple live account types, the minimum deposit depends on the account type chosen by a trader. But this is not a rule. For example, TIOmarkets’ clients can open one of three live account types, and the minimum deposit is always $50 (or the equivalent in another basic currency). Trading leverage does not depend on the account type but on the asset. The largest indicator of 1:500 is for currency pairs. This broker's technical support used to work only on weekdays, but now it is available 24/7. You can contact managers by phone, email, live chat, or using tickets on the website.
$50
Minimum
deposit
1:500
Leverage
24/7
Support
💻 Trading platform: | MetaTrader 4 and MetaTrader 5 |
---|---|
📊 Accounts: | Demo, Standard, VIP, and VIP Black |
💰 Account currency: | GBP, EUR, USD, CAD, and AUD |
💵 Replenishment / Withdrawal: | Bank transfers, bank cards, and e-wallets |
🚀 Minimum deposit: | $50 |
⚖️ Leverage: | Up to 1:500 |
💼 PAMM-accounts: | Yes |
📈️ Min Order: | 0.01 |
💱 Spread: | Floating, from 0.2 pips |
🔧 Instruments: | CFDs on currency pairs, stocks, indices, energies, and precious metals |
💹 Margin Call / Stop Out: | 100%/30% |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Orders execution: | Market |
⭐ Trading features: |
Demo account with virtual $50,000; Three live account types; Islamic (no swaps) account types are available; Tight spreads from 0.2 pips; Fees are below market average; No deposit and withdrawal fees; Most demanded trading platforms are available; Basic tools of fundamental and technical analyses are provided. |
🎁 Contests and bonuses: | Yes (rebates from Traders Union) |
Comparison of TIOmarkets with other Brokers
TIOmarkets | RoboForex | Exness | FxPro | Forex4you | AMarkets | |
Trading platform |
MetaTrader4, MetaTrader5 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading, MT5, cTrader, FxPro Edge | MT4, MobileTrading, MT5 | MT4, MT5, AMarkets App |
Min deposit | $50 | $10 | $10 | $100 | No | $100 |
Leverage |
From 1:1 to 1:500 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:10 to 1:1000 |
From 1:1 to 1:3000 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | No | No | No |
Spread | From 0 points | From 0 points | From 1 point | From 0 points | From 0.1 points | From 0 points |
Level of margin call / stop out |
100% / 30% | 60% / 40% | No / 60% | 25% / 20% | 100% / 20% | 50% / 20% |
Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | Yes | No | No | Yes | No |
Broker comparison table of trading instruments
TIOmarkets | RoboForex | Exness | FxPro | Forex4you | AMarkets | |
Forex | Yes | Yes | Yes | Yes | Yes | Yes |
Metalls | Yes | Yes | Yes | Yes | Yes | Yes |
Crypto | No | No | Yes | Yes | No | Yes |
CFD | Yes | Yes | Yes | Yes | Yes | Yes |
Indexes | Yes | Yes | Yes | Yes | Yes | Yes |
Stock | Yes | Yes | Yes | Yes | Yes | Yes |
ETF | No | Yes | No | No | No | No |
Options | No | No | No | No | No | No |
TIOmarkets Commissions & Fees
Account type | Spread (minimum value) | Withdrawal commission |
Standard | Floating, from 9$ with a $5 fee per lot | No |
VIP Black | Floating raw, from 2$ with no fee per lot | No |
VIP | Floating raw, from 2$ with a $2 fee per lot | No |
However, many brokers make users pay a special fee if they want to withdraw profits to an external wallet or a bank card. Typically, in this case, the fee depends on the channel, it can be fixed (for example, $5) or floating (say, 1% of the amount). TIOmarkets’ clients do not have such expenses, as they withdraw money without fees, regardless of the withdrawal channel. This is a significant advantage, which further increases the attractiveness of the company's conditions. The comparative table below shows the average trading fees for TIOmarkets and two of its competitors.
Broker | Average commission | Level |
TIOmarkets | $4.33 | Medium |
RoboForex | $1 | Low |
Pocket Option | $8.5 | High |
Detailed review of TIOmarkets
This broker has been operating for several years, it has a modern technological stack that provides speed, stability, and security. In addition to solutions for active trading, it provides an opportunity for passive income through PAMM accounts and a partnership program. Overall, TIOmarkets provides the most comfortable conditions with a high degree of individualization of trading conditions. There are basic and advanced analytical capabilities, ranging from an economic calendar to personal digests. A particular advantage is the availability of MT4 and MT5, which are highly customizable.
TIOmarkets by the numbers:
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The minimum deposit is $50;
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Over 300 financial instruments;
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Maximum leverage is 1:500;
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The minimum spread is 0.2 pips;
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Support works 24/7.
TIOmarkets is a convenient broker for traders of any level
This broker is constantly expanding its pool of available assets. Currently, there are more than 300 instruments, all of which are CFDs on currency pairs, stocks, indices, energies, and precious metals. Diversity is a conceptual advantage, because the more assets, the wider the trader's strategic opportunities. Moreover, it is easy to diversify risks with such conditions. In a diverse portfolio, the negative trend of one instrument is leveled by the stable and progressive positions of others. Given the optimal leverage, absence of trading restrictions, and acceptable costs, trading with TIOmarkets is objectively beneficial for clients with any experience or preference.
Useful services offered by TIOmarkets:
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Economic calendar. This service displays economic and political events that can affect asset quotes. It is the basic fundamental analysis tool;
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Trading Central. It is an advanced tool of complex trading such as intraday technical analysis for European and American trading sessions;
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Video guides. This integrated training service is aimed at learning the basics of trading. It is available in the form of thematic video guides that last 10 days.
Advantages:
Free demo account, a minimum deposit of only $50, and fast registration provides for a low entry threshold;
Since traders work through MT platforms, they get an easily customizable workspace at their disposal;
Spreads and trading fees are generally lower than the market average, which significantly reduces costs, and there is no withdrawal fee;
Traders have over 300 trading instruments at their disposal, and there are no restrictions on trading methods and styles;
Technical support is provided by several channels and is active 24/7.
Guide on how traders can start earning profits
First, it is necessary to decide on the optimal account type. The Standard option provides typical trading conditions, low spreads, and reasonable fees. VIP features tighter spreads and reduced fees and is aimed at traders with a monthly trading volume of at least 5 lots. VIP Black, in addition to minimal costs, implies a personal manager and access to private webinars. VIP Black can be defined as a premium account. In all other respects, accounts are the same with a minimum trade volume of 0.01 lots, maximum leverage of 1:500, and more than 300 assets. After you have chosen the account type, evaluate the capabilities of MT4 and MT5. They have conceptual differences in interface and functions. Also, check out the Education section.
Account types:
As a rule, if traders have not worked with a broker before, they first open a demo account, which is identical in its elements to a standard one, but trading is carried out with virtual funds. The demo provides for exploring this broker without the risk of financial losses; plus, in this way, traders can improve their strategies.
Investment Education Online
Many brokers offer their clients training programs whose form and content can vary greatly. Some brokers provide standard FAQs and a collection of articles; others conduct webinars and even full-fledged courses in their physical offices. Most often, the website contains a certain set of text materials and video guides that allow novice traders to gain basic knowledge in the shortest possible time. In this sense, TIOmarkets has something to offer its clients.
This broker's training materials will be useful for novice traders, but experienced traders will not find anything interesting in them. For advanced players, the company holds regular webinars. There, experts address specific issues and provide professional advice. Judging by reviews, the content of closed webinars can prove to be practically valuable even for successful trading veterans.
Security (Protection for Investors)
All brokers must be officially registered, otherwise, it is a scammer. In addition to registration, regulation is also important, that is, control by an international competent financial authority. TIO Markets Ltd, which owns the TIOmarkets brand, is registered in Saint Vincent and the Grenadines and is regulated by two regulatory agencies, namely FCA (UK) and FSA (Saint Vincent and the Grenadines). Thus, legally, traders are protected, and this broker undertakes to fully fulfill its stated obligations.
👍 Advantages
- Traders can contact TIO Markets Ltd support
- This broker’s clients can apply to FCA and FSA
- Contact Traders Union’s legal department for a free consultation and representation. It protects its members’ rights without charge.
👎 Disadvantages
- No opportunity to address financial regulators outside St. Vincent and the Grenadines
- No opportunity to apply to regulators that don’t control the activities of this broker
Withdrawal Options and Fees
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If traders work on a demo account, they use real quotes, but virtual currency, so they do not earn profits;
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When switching to a live account, this broker's clients execute full-fledged trades, and if they are successful, they receive a financial profit;
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Profits are displayed in the user account on this broker's website, and withdrawal requests are also submitted there;
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Traders can withdraw money at any time by bank transfer, to Visa and Mastercard bank cards, Sepa, Skrill, Neteller, and some other systems;
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Regardless of the selected withdrawal channel, traders are not charged a fee, as this broker undertakes to cover all expenses;
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Fees may be charged by another party involved in the transaction, such as banks or e-wallets;
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Withdrawals to credit cards take no more than 1 business day, and withdrawals by other means may take up to 5 days.
Customer Support Service
All traders, regardless of their experience, sometimes face situations that they cannot solve on their own. Timely and competent support helps users and leaves them with a pleasant impression of this broker’s work. But if they have to wait a long time or support is not knowledgeable and professional, traders may become disappointed with a company and go to its competitors. TIOmarkets offers technical support that can be contacted by phone, email, live chat, and tickets. Specialists are available 24/7 and their competence is confirmed.
👍 Advantages
- Non-clients of this broker can contact its technical support
- Client service is available via several major communication channels
- Specialists can be contacted 24/7
👎 Disadvantages
- Support by email is not always prompt
Whether you are a TIOmarkets client or just intend to work with it, do not hesitate to contact client support if necessary. You can use the following communication channels:
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call center;
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email;
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tickets on the website;
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live chat;
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24/7 support is provided in multiple languages.
This broker has profiles on Facebook, Instagram, and Twitter. There you can also ask questions to its managers.
Contacts
Foundation date | |
Registration address | Suite 305, Griffith Corporate Center, Beachmont, PO Box 1510, Kingstown, Saint Vincent and the Grenadines |
Regulation |
FCA, FSA |
Official site | https://tiomarkets.com/ |
Contacts |
Email:
support@tiomarkets.com,
Phone: +357 24 259325 |
Review of the Personal Cabinet of TIOmarkets
To start working with TIOmarkets, register on its official website, confirm your personal information, select your preferred account type, and make a deposit. TU experts have prepared the below step-by-step instructions on registration and describe the many features of the user account.
Go to this broker's website. Select the interface language in the upper right corner and click the “Register” button.
Indicate your first and last names, country of residence, and email.
Enter your phone number, then make a password and enter it twice. Agree to the terms of trading by ticking the appropriate box.
You will receive an email to the specified address. Follow the link from the email to get access to your user account.
Go to the appropriate section of your user account to get verified. It is necessary to provide photos/scans of the required documents. Follow the instructions on the screen.
Now make a deposit, using the method that's best for you. Next, download MT4 or MT5 and start trading.
Features of the user account:
Dashboard displays consolidated data for all accounts;
Deposits and withdrawals are available here;
In their user accounts, traders can open and close live accounts and demos;
Trading Central provides analytical tools;
There is a section with a partner link, conditions and information for inviting referrals;
Education section includes tutorial videos;
A separate block contains links for downloading distribution kits for MT4 and MT5;
Edit your personal information and change security settings in the user account.
Disclaimer:
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
User Reviews of TIOmarkets i
Register on the website and sign in to submit a review about your experience of working with a broker. Everyone is welcome to post a review.
Find out how TIOmarkets stacks up against other brokers.
Articles that may help you
FAQs
Do reviews by traders influence the TIOmarkets rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about TIOmarkets you need to go to the broker's profile.
How to leave a review about TIOmarkets on the Traders Union website?
To leave a review about TIOmarkets, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about TIOmarkets on a non-Traders Union client?
Anyone can leave feedback about TIOmarkets on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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