TIOmarkets Trading Signals - TU Expert review
Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of TIOmarkets trading signals. You will learn what kinds of trading signals TIOmarkets offers and what the conditions for using them are.
Short introduction of TIOmarkets
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% |
TIOmarkets Pros and Cons
👍 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.
What are trading signals?
Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.
A broker can provide signals in several ways:
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Copy trading.
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Email alerts.
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Signals through a blog on the website.
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Recommendations of a personal manager, etc.
When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.
TIOmarkets Trading Signals
Traders have three main types of expenses, which are spreads, trading fees, and withdrawal fees. Spreads can be fixed or floating, standard or raw. A fixed spread is beneficial only in a limited number of cases. Raw is lower than standard but they always come with a higher fee. Sometimes brokers combine spreads and fees into one fee, and sometimes there is no fee at all. TIOmarkets’ trading costs are determined by the account type. On the Standard account, a $5 fee per lot is added to the spread, which is below average. On VIP, the spread is from 0.2 pips, and the fee is reduced to $2 per lot. VIP Black also has spreads from 0.2 pips, but there is no fee. Thus, trading conditions can be defined as favorable for all account types, although the costs of VIP accounts are much lower.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | Floating, from 9$ 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 |
Conclusion
Based on the results of the analysis, Traders Union analysts have concluded that TIOmarkets does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.
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FAQs
For what assets can trading signals be provided?
Brokers may provide trading signals for any asset, for example Forex, stocks, cryptocurrencies, etc.
Can I lose money by trading signals?
Keep in mind that there are no ideal trading signals and trading signals may lead to a loss of funds. There are always risks.
Can trading signals depend on the account type?
Yes. As a rule, they are provided for certain account types, but may also be available for the standard account.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.