TMS Brokers Review 2026

Item: TMS Brokers
Rating: 3.16
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: May 09, 2026

Top Brokers Overview — United States

Min. deposit $100
Fees 10 /10
Account types 4.3 /10
Regulation 1.5 /10

3.2 /10

High risk

TMS Brokers User Reviews 4.0
Commissions and Fees 10.0
Regulation and Safety 1.5
Account Types 4.3
Deposit and Withdrawal 5.3
Markets and Tradable Assets 8.8
Trading Account Opening 10.0
Customer Support 5.4

TMS Brokers Pros & Cons

Free demo account; no requirements for the minimum deposit for a live account;
Spreads are floating from 0 pips; no trading fees;
Experienced market participants can qualify to get more favorable conditions;
Traders can work through the OANDA TMS Brokers platform which is highly rated by experts;
Thousands of assets from 6 different groups; leverage is 1:20 or 1:200 for the Pro account;
No restrictions on trading strategies and methods; traders can use advisors;
Multi-currency e-wallet and international exchange services are provided.

Lack of transparency; in particular, there is no open data on withdrawal fees;
No additional income options, except for a referral program;
Technical support is available 9.00-17.00 (CET) on weekdays.

TU Expert Verdict

TMS Brokers 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.

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TMS Brokers User Reviews

Score:

4 /10

3 total

5-star

0%
4-star

0%
3-star

33%
2-star

33%
1-star

33%

I’ve been trading here for 6 months, and overall I’m disappointed. While spreads start from 0 pips and there are no additional fees, the platform has several drawbacks. There are no joint accounts or copy trading, which limits options for many traders. Technical support is only available half a day on weekdays, making it difficult to get help when needed. Deposits and withdrawals via bank cards and Trustly work, but the overall experience feels limited compared to other brokers.

I have 6 years of trading experience and have worked with 12 brokers, so I can assess TMS Brokers fairly. The broker offers a wide range of assets across multiple financial instruments, with floating spreads from 0 pips. MT5 and the proprietary OANDA TMS Brokers platform are available, and I trade mainly through the proprietary app. Technical support isn’t available at night, which can be inconvenient, though I haven’t needed it myself. Overall, the trading conditions are decent, but TMS Brokers doesn’t offer significant advantages over other brokers.

I traded on a demo account for two weeks. Then I opened a live account and received the Pro status in 6 months. This provided for leverage up to 1:200 and negative balance protection. Protection is important, however, the main advantage of this account type is the leverage increased 10 times. The Pro account is suitable for those who trade a lot and are focused on a large income. Also, I like many assets from different groups. There are currencies, securities, and cryptocurrencies. Moreover, you can scalp, hedge, or trade on newsfeeds, since there are no restrictions. The nuance is that passive income options are not available. I do not like the broker’s app, so I trade through MT5. Training is focused primarily on novice traders, but this is standard.

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Commissions and Fees

Score:

10 /10

The trading and non-trading commissions of TMS Brokers 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, OANDA and FOREX.com, 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 TMS Brokers 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, TMS Brokers’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.

TMS Brokers Standard spreads
	TMS Brokers	OANDA	FOREX.com
EUR/USD min, pips	0.2	0.1	0.7
EUR/USD max, pips	0.5	0.5	1.2
GPB/USD min, pips	0.2	0.1	0.9
GPB/USD max, pips	0.8	0.5	1.4

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.

TMS Brokers RAW/ECN spreads
	TMS Brokers	OANDA	FOREX.com
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).	2.00	3.5	5
EUR/USD avg spread	0.10	0.15	0.2
GBP/USD avg spread	0.10	0.2	0.4

Non-Trading Fees

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

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

Is TMS Brokers Safe?

Score:

1.5 /10

TMS Brokers has a safety score of 1.5/10, which corresponds to a Low 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.

Negative balance protection

Not tier-1 regulated

TMS Brokers Security Factors
Foundation date	-
Negative balance protection	Yes
Verification (KYC)	Yes

TMS Brokers is Not a Regulated Broker

Attention! It's your choice to work with regulated or unregulated brokers, but please consider the risks carefully. Unregulated brokers might offer lower fees and flexible trading options, but they lack investor protection, have a higher fraud risk, and no guarantee of withdrawals. Thoroughly research before deciding.

Account Types

Score:

4.3 /10

TMS Brokers offers the following account options: Demo, Standard, ECN/Raw spread.

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

Low minimum deposit
Demo account
Tight spread ECN account

No VIP account option
No Cent account

TMS Brokers account types vs top competitors
	TMS Brokers	Trading.com	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	No	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	No	Yes
VIP	No	No	No
Managed	No	No	No

TMS Brokers accounts trading conditions

If a broker offers several account types, their conditions often differ greatly. TMS Brokers offers only one live account type with universal conditions. Thereafter, traders can get the Pro account with negative balance protection and increased leverage, if they comply with certain broker’s requirements. To aim for the Pro account isn’t obligatory, since the Standard account also offers profitable conditions. Many traders prefer working on the popular MetaTrader 5, as it is easy to use, quick, reliable, and can be customized for a specific user. The OANDA TMS Brokers app can’t be as customized, however, it has many integrated options. There are technical indicators, analytical tools, and chart blocks. Traders who want to work with TMS Brokers should try both platforms to choose the best one for themselves.

Types of accounts:

Account Type	Description
Demo	This account type is identical to the Standard. They only differ in that traders work with virtual €50,000.
Standard	No minimum deposit requirements. Spread is floating from 0 pips, with no trading fees. Maximum leverage is 1:20. No restrictions on trading strategies and methods.
Pro	To get this account type, traders must comply with requirements for trading volume and activity. Maximum leverage is 1:200. Some other conditions differ.

If traders have never worked with this broker, they are recommended to open a demo account first. This allows them to explore the company and try different strategies without financial risks. Later, they can open the Standard account and then switch to Pro, if necessary.

Deposit and Withdrawal

Score:

5.3 /10

TMS Brokers received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

TMS Brokers provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

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

Only major base currencies available
BTC not available as a base account currency
USDT payments not accepted

What are TMS Brokers deposit and withdrawal options?

TMS Brokers provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire.

TMS Brokers Deposit and Withdrawal Methods vs Competitors
	TMS Brokers	Trading.com	Plus500
Bank Wire	Yes	Yes	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	No	No

What are TMS Brokers base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. TMS Brokers supports the following base account currencies: USD, EUR, GBP, CZK.

What are TMS Brokers's minimum deposit and withdrawal amounts?

The minimum deposit on TMS Brokers is $100, while the minimum withdrawal amount is $0. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact TMS Brokers’s support team.

Markets and Tradable Assets

Score:

8.8 /10

TMS Brokers offers a wider selection of trading assets than the market average, with over 5000 tradable assets available, including 70 currency pairs.

Crypto trading
70 supported currency pairs
Indices trading

Bonds not available
No ETFs

Supported markets vs top competitors

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

	TMS Brokers	Trading.com	Plus500
Currency pairs	70	69	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.	5000	69	2800
Stocks	Yes	No	Yes
Commodity futures	Yes	No	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	No	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

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

	TMS Brokers	Trading.com	Plus500
Bonds	No	No	No
ETFs	No	No	Yes
Copy trading	Yes	No	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

10 /10

We successfully registered an account with TMS Brokers in 8 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at TMS Brokers is $100.

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

Fully online account opening process
Low minimum deposit requirement
Quick KYC verification (1 business day or less)

Account setup process may feel less convenient for beginners

TMS Brokers account opening
	TMS Brokers	Trading.com	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$100	$50	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	8	20	5
KYC time (days)	1	2	3

Is TMS Brokers 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 working with this broker, register on its official website and get a user account. Verification, which is confirmation of your personal information, is also required. Once traders open a live account, they can make a deposit and download the trading platform. TU experts have prepared a step-by-step guide to eliminate many questions and have described the features of the user account.

Go to the broker's website and click the “OPEN DEMO ACCOUNT” button.
Enter your name, email, and phone number. Agree to the terms of service by ticking the box below and click the “OPEN DEMO ACCOUNT” button.
A message with a confirmation link will be sent to the specified email. Follow the on-screen instructions to start trading on your demo account.
You can open a live account on the main page of the website, similar to a demo account. The difference is that you will have to provide detailed information about yourself, including your registration address.
Follow the on-screen instructions to upload photos of your ID documents. Identity verification is required to open a live account.
Make a deposit in the corresponding section of your user account. Download the distribution kit of OANDA TMS Brokers or MetaTrader 5 platforms on the broker's website. Install it on your device, enter your registration details, and start trading.

Features of TMS Brokers’ user account:

Traders can monitor the status of their active accounts and receive detailed statistics on them;
Traders can open and close accounts (there can only be one demo account);
Traders can make deposits, withdrawals, and internal transfers between their accounts;
Traders can monitor their status in the referral program and view statistics on their referees;
Traders can view online quotes, the economic calendar, and the broker’s blog;
Traders are able to connect additional services, such as the multi-currency e-wallet and international transfers;
Traders have the possibility to change their personal data and security settings of the user account;
You can contact technical support in the live chat at the bottom right corner.

Customer Support

Score:

5.4 /10

Customer support at TMS Brokers is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. TMS Brokers provides basic support functionality but does not stand out in overall service performance.

Information

Traders may have plenty of questions. They can arise due to inattention or lack of transparency of a broker. Sometimes users may face unexpected situations or problems when trading or depositing/withdrawing funds. In every controversial situation, they can contact technical support to get qualified assistance. TMS Brokers’ clients can contact support by phone, email, social media, or live chat. Technical support is available from 9.00-17.00 (CET) on weekdays in English, Polish, Checz, Latvian, and Lithuanian.

Multiple communication channels are available
Support responds quickly
Competent operators

Technical support is not available on weekends

TMS Brokers’ communication methods are:

Telephone;
Email.

The company has its profiles on Facebook, X (formerly Twitter), and LinkedIn, where you can also contact the broker’s technical support. Also, a live chat is available in the bottom right corner of the broker’s website and in the user account.

Contacts
Registration address	Warsaw, 0000204776 str., NIP number 5262759131
Regulation	The Polish Financial Supervision Authority (UKNF) Licence number: KPWiG-4021-54-1/2004
Official site	www.tmsbrokers.com
Contacts	contact@tmsbrokers.com verification@tmsbrokers.com +48 222 766 200, +420 296 842 440

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FAQs

How is TMS Brokers regulated and what safety measures are mentioned in reviews of its security?

The review states that TMS Brokers is not a regulated broker and has a safety score of 1.5/10, which is described as a low security level. It notes that while the broker offers negative balance protection and requires KYC verification, the absence of Tier-1 regulation and investor protection schemes may increase risks compared with brokers that meet those criteria.

What do reviews say about the commissions and fees charged by TMS Brokers?

According to the review, TMS Brokers has been rated with a fees score of 10/10, indicating low trading and non-trading costs in this assessment. The broker is described as offering low forex trading fees, tight EUR/USD spreads (0.2–0.5 pips on Standard accounts and about 0.1 pips on RAW/ECN accounts with a $2 per lot commission), and no deposit, withdrawal, or inactivity fees.

What do user reviews and feedback indicate about overall satisfaction with TMS Brokers?

The user satisfaction score for TMS Brokers is 4/10 based on three reviews, with no 4- or 5-star ratings. According to user reviews, the distribution is 33% 3-star, 33% 2-star, and 33% 1-star, which the review summarizes as mostly negative overall.

How do reviewers describe the account opening process with TMS Brokers?

The review notes that opening an account with TMS Brokers took 8 minutes, with KYC verification completed within 1 business day and a minimum deposit of $100. It is described as an accessible and relatively fast onboarding process, though the account setup may feel less convenient for beginners.

What feedback is provided about TMS Brokers customer support services?

The review gives TMS Brokers’ customer support a safety score of 5.4/10 and describes response times as moderate, with service quality varying depending on the request. Support is available on weekdays from 9:00–17:00 (CET) via phone, email, social media, and live chat in several languages, but it is noted that technical support is not available on weekends.