TIOmarkets

TIOMarkets  Review: Is TIOMarkets Broker Good?

Broker overview and general information

TIOMarkets broker was founded in 2019 and is registered in England and Wales before being licensed by the Financial Conduct Authority (FCA). It was founded by a group of investors with expertise in brokerage and advanced trading experience, with the idea of using a multi-asset exchange built on blockchain technology to provide its services.

At the end of 2019, the broker launched its own cryptocurrency that pays dividends linked to trading activity revenue on its platform, raising over $31 million and paying out over $1 million in dividends to investors. Since 2019, the broker has been focusing on developing and adding more products and solutions for investors, before fully switching to the MT4 and MT5 platforms, which has gained popularity and reached investors in more than 170 countries worldwide.

Broker Licensing and Regulation

If you ask whether TIOMarkets broker is good or not, you must first consider the license factor. The broker has the following licenses:

• Financial Conduct Authority (FCA) No. 488900

TIOMarkets Products and Services

Trading products

Brokers offer a wide range of investment products to suit all needs, covering Forex, Indices, Commodities and Stocks markets.

• Trade Forex: Trade Forex Trade over 70 currency pairs in the world's fastest moving and most liquid market.

• Indices: Trade global indices. Trade major indices from the US, UK, Asia, Australia and Europe.

• Stocks: Trade world-famous stocks. Buy (Long) or sell (Short) stocks of the world's most traded international companies, such as Google, Netflix, Amazon, Apple, Tesla, Facebook and many more.

• Commodities: Trade gold, silver and platinum with low-cost trading conditions. Trade energy products with tight spreads and low commissions.

Trading Platform

You can invest through 3 platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

1. MT4:MetaTrader 4A basic trading program suitable for all new investors. Easy to use, convenient, fast, the most convenient platform to start trading.

2. MT5:MetaTrader 5MT5 is a multi-asset trading platform that includes everything that MT4 has to offer, but with more technical analysis tools and capabilities, more order types, and a built-in economic calendar. In short, it offers more advanced features.

Account Type Review

There are 4 types of investor accounts: Spread Betting, Standard, VIP and VIP Black.

Spread Betting Account

• Spread starts from 0.3 Pips

• Commission 0$

• Trade via the MT5 platform

• Minimum deposit 200 euros

Standard Account

• Spread starts from 0.6 Pips

• Commission 5$/lots

• Trade via MT4 and MT5 platforms.

• Minimum deposit $50

VIP Account

• Spread starts from 0.4 Pips

• Commission 2$ /lots/side

• Trade via MT4 and MT5 platforms.

• Minimum deposit $1,000

VIP Black Account

• Spread starts from 0.4 Pips

• Commission 0$

• Trade via MT4 and MT5 platforms.

• Minimum deposit $3,000

Deposit and Withdrawal Review

Supported deposit/withdrawal channels

• VISA

• MasterCard

• SEPA

• Skrill

• Neteller

• FasaPay

• RPay Retailers

• BankWire

Broker Customer Service

For foreign investors or Thai investors who want to invest, you can contact customer service 24 hours a day through this channel.

Email:support@tiomarkets.com 

Website: https://tiomarkets.com/

Supported languages:English (English) Español (Spanish) Malay (Malay) Português (Portuguese)

Arabic (Arabic), Français (French), Hindi (Hindi), Indonesia (Indonesian), Tiếng Việt (Vietnamese), 中文 (Chinese), 中文繁體 (Traditional Chinese) and Turkish (Turkey)

TIOMarkets Review: Pros and Cons

strength:

• There are 4 types of accounts to choose from.

• Licensed by FCA

weakness:

• There are relatively few assets to trade.

• Lack of in-depth details on each account type

• Lack of clarification on minimum deposit/withdrawal details and fees

• A commission fee is charged.

Broker Review Overview Summary

Overall, TIOMarkets is a broker that has the advantage of offering 4 types of accounts and is licensed by the FCA, a reputable regulatory body, so users can be confident in the safety of their investments. It also offers low trading fees and the popular MetaTrader 4 and MetaTrader 5 platforms.

However, this broker does have some drawbacks to consider, such as a relatively small selection of trading assets, a lack of detailed information on each account type, and unclear minimum deposit and withdrawal requirements and fees. In addition, some accounts charge trading commissions, which can add to the cost for traders.

Frequently Asked Questions about TIO Markets

1. What platforms can I use to trade Forex?

Answer:  MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

2. How many types of accounts are there to choose from?

Answer: There are 4 types of accounts to choose from: Spread Betting, Standard, VIP and VIP Black.

3. What channels can I withdraw money through?

Answer: You can withdraw money via VISA , MasterCard , SEPA , Skrill , Neteller , FasaPay , RPay Retailers , BankWire.

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TIOMarkets Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.