Templer FX Review

Overall, Templer FX can be summarised as an unregulated broker. Templer FX has a trust score of 60 out of 99. Templer FX offers zero commissions and 24/5 customer support. Templer FX offers competitive spreads from 0.1 pips.

Templer FX at a Glance

Overall Rating

• 3.9/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 1

Regulators

FSA

Trading Platform

MT4, TemplerFX Trader

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Templer FX Keypoint Overview

• Templer FX at a Glance
• Templer FX Keypoint Overview
• What is Templer FX?
• Safe or Scam?
• Templer FX Pros and Cons
• Leverage
• Templer FX Accounts
• Market Instruments
• Templer FX Fees
• Deposit and Withdrawal
• Templer FX Trading Platforms
• How to Open a Templer FX Account (2025)
• Customer Support
• FX Glory Current Popularity Trend
• Education
• Research
• Awards
• Customer Reviews
• Conclusion
• Disclaimer
• FAQs

What is Templer FX?

✔️According to research in South Africa, Templer FX is an online Foreign Exchange Trading Services provider to retail and institutional customers. The company aims to provider traders with leading trade execution and service through three strategies, namely Customer Service, Research and Execution.

🔥Founded in 2004, Templer FX offers a variety of trading opportunities including speculation on Forex, CFD, Indices, and Metals through the industry leading MetaTrader4 platform.

⭐The company also claims to be authorized by the local agency FSA, the Financial Service Provider Commission with the license number 23395.

That said, TemplerF X is currently operated by Templer Holdings Management Limited, a Saint Vincent and the Grenadines registered company holding.

🔎St. Vincent and the Grenadines are infamous for its virtually absent requirements and regulations. The region’s low setup costs and lax regulations have made it something of a haven for less reputable brokers.

Safe or Scam?

✔️While Templer FX provides a range of services geared by the powerful MetaTrader4 platform, the company’s location in the notoriously ill-regulated St. Vincent and the Grenadines makes it a relatively unsafe option for potential traders.

💰Added to this, the company’s payment service provider, Mayside Solutions LP, is a firm located in Scotland, a distance from the company’s own location which raises a further red flag.

The company’s regulatory body, the FSA, is a self-regulatory organization which cannot guarantee the safety of the trading environment and does not regulate the daily operations of the company.

🔥Furthermore, the company has been in operation since 2004, a relatively long period, and touts its high success rate and its international standardization.

⭐However, a notable lack of positive online reviews from numerous traders speaks to poor operational performance and lack of regulation.

Templer FX Pros and Cons

Leverage

🔎Templer FX offers any amount of leverage, ranging from 1:1 to 1:2000 when trading on the forex market.

💰While this provides traders with the freedom to choose the trading strategies their for deposit side, it should be noted that leverage is a highly risky tool which is typically strongly regulated.

🔥Different margins are required for each contract size in the major currency pairs based on spot rates. The margin required is subject to change in the market rate.

💵In a live account, the margin required for each non-dollar based currency pair will be converted to U.S. Dollars, in real-time, at the prevailing market price for that pair.

⬇️Once the equity in an account falls below the required margin, then all open trades will be closed at the prevailing market rate.

The company’s leverage depends on the type of trading account and the volume of funds it contains.

📈Margin requirements increase when the funds available in a client’s account increase. This is due to the increasing costs of hedging open orders. As a result, leverage changes as well.

🔓Closing a hedging order during the period of increased margin requirements is treated as opening a new transaction.

✔️This will result in the withholding of additional margins corresponding to the amount of the closed transaction involved in hedging.

📊The margin is calculated based on the increased margin requirements and is distributed proportionally among the open transactions that involve the hedged financial instrument.

Templer FX Accounts

Templer FX offers five different types of account, including the Universal FX account, Cent FX account, MAM account, Muslim FX account, and the Segregated account.

All the accounts, apart from the Segregated Account, take USD deposits only, while the Segregated Account takes EUR deposits with a high initial deposit of EUR 50 000.

Market Instruments

Templer FX trades in Forex, Precious Metals, Energies, Cash Indices and CFDs.

Templer FX Fees

Templer FX does not charge commission or any deposit or withdrawal fees. Traders are only liable for the fees charged by their banking institution. The company also offers a number of promotions, which include:

• Supports margin

This allows traders to open a position of a higher volume

• Daily automatic payout

This allows traders to get a bonus instantly for any traded volume

• Withdrawable

This allows traders to withdraw funds as a bonus deposited to their account

Deposit and Withdrawal

As already noted, Templer FX does not charge deposit or withdrawal feels, except those charged by the trader’s bank. Both can be made using a wide range of payment providers.

Templer FX Trading Platforms

TemplerFX uses a wide range of trading platforms, including the highly popular MetaTrader4 as well as the company’s own TemplerFX Trader, which is compatible with a variety of interfaces.

TemplerFX Trader

TemplerFX Trader is compatible with the following interfaces:

• Windows
• Linux
• MacOs
• WebTrader
• Android
• iOS
• Blackberry

That said, the platform is not very popular with traders in general and has not been broadly touted as a favourable option.

MetaTrader4

The company makes use of the renowned MetaTrader4, which has become popular with traders around the globe for some of the following key features:

• Trading from a real-time live tick chart
• Ability to use all symbols available
• Place Buy and Sell orders
• Place Pending orders
• Set Stop-Loss and Take-Profit
• Close and Modify Existing Orders
• View Real Time Profit/Loss of Live Trades
• View Past history
• Real-time interactive currency charts
• Real-time market price overview
• Technical analysis tools

How to Open a Templer FX Account (2025)

  Step 1 – Visit the official website of Templer FX

Once on the website, navigate to the trading menu option.

  Step 2 – Choose the Account Type

You can choose between a real and a demo account

  Step 3 – Fill in your details

Once you’ve chosen your account type, fill in your details

  Step 4 – Click on “open an account”

As soon as you’ve opened an account, you can verify your profile and start trading with Templer FX.

The Templer FX review process is fully digital and easy.

Templer FX uses a wide range of trading platforms, including the highly popular MetaTrader4 as well as the company’s own TemplerFX Trader, which is compatible with a variety of interfaces.

Templer FX Trader

TemplerFX Trader is compatible with the following interfaces:

• Windows
• Linux
• MacOs
• WebTrader
• Android
• iOS
• Blackberry

That said, the platform is not very popular with traders in general and has not been broadly touted as a favourable option.

MetaTrader4

The company makes use of the renowned MetaTrader4, which has become popular with traders around the globe for some of the following key features:

• Trading from a real-time live tick chart
• Ability to use all symbols available
• Place Buy and Sell orders
• Place Pending orders
• Set Stop-Loss and Take-Profit
• Close and Modify Existing Orders
• View Real Time Profit/Loss of Live Trades
• View Past history
• Real-time interactive currency charts
• Real-time market price overview
• Technical analysis tools

Customer Support

Templer FX certainly delivers one if its three strategy pillars in terms of customer support. The company’s support team is highly responsive and helpful, and is able to resolve issues speedily and effectively.

Clients can contact the company through email, live chat, or request a call back.

📧Email support

The email support option is fairly straightforward, with clients submitting their query through an automated email format, where personal email details and the request are submitted with a fairly fast and efficient response.

This is a good option for clients whose queries are not pressing, and for general information regarding the aspects of trading on TemplerFX.

🗨️Live Chat

TemplerFX has a permanent Live Chat button on their website. The support team responds within seconds and most questions are typically resolved within minutes.

The support team is competent and helpful, although Multilanguage support is limited to English, Indonesian, Chinese, and Russian.

📱Request Call Back

The Request Call Back option uses a similar format to the email input option, with a support team member responding very quickly.

Of all the customer support options provided by Templer FX, the Live Chat has so far proved the fastest and most convenient method for clients to resolve their most pressing issues.

FX Glory Current Popularity Trend

As According to Google Trends, here is an overview of how frequently the search term – “Templer FX” is entered into Google’s search engine over a given period of time.

Education

Templer FX offers a fairly comprehensive list of educational tools, including a Beginners Guide, Expert Tips, and a Glossary, and a demo account. However, the company does not provide any Webinars or more advanced training tools.

Beginners Guide

The Beginners Guide is a downloadable PDF document that provides a comprehensive overview of Forex trading. The Guide includes the difference between Forex, Futures and Stocks, Choosing the Right Broker, Fundamental Analysis, and Choosing the Right Strategy.

Compacting the Guide in PDF creates a useful reference which newbie traders can use and study easily before embarking on their first trade.

Expert Tips

The Expert tips section is limited to choosing the right broker, and a useful overview of how to find the right hedge fund. Both of these come with downloadable handbooks in PDF format.

Glossary

TemplerFX’s Glossary section provides a comprehensive list of terms to help new traders wade through the quagmire of Forex jargon.

Included in the list are important terms such as Correlation Coefficient, Derivative, Drawdown, Financial Future Contract, and High Watermark Principle.

Demo Account

TemplerFX’s demo account allows newbie traders to trade in real time under simulated market conditions.

As noted above, signing on for the demo account is quick and easy, and it allows traders the chance to get their feet wet before wading out into the deeper Forex waters.

Research

Despite their relatively comprehensive offering in educational tools, Templer FX has no research tools available to traders.

This is a considerable drawback to trading with the broker, as it does not offer the convenient research tools which many other more reputable brokers do.

Awards

🥇Templer FX has been in operation since 2004, a long time in the broker world, and yet has no awards to show.

Many would find this particularly strange considering the length of their operations, and might be another aspect to consider when deciding to trade with this broker.

Customer Reviews

This broker is not regulated

This broker is not regulated. But they have plenty of easy withdrawal options for East African customers

Advice to retail traders

Advice to retail traders. In simple words, be aware of this broker and their partners . Last time i have deposited using a service they call flutterwave ( MoMo) they didn’t reflect the amount to my account. I chatted with 3 of their agents, always telling me that my problem is going to be resolved within 24 hours. Now it’s 4 days without my money. I’m totally frustrated. This broker is not trustworthy, you can even see it’s reviews online, they are being shited. Be aware please 🤬😡

looks good

looks good, instant withdrawal, but not many options to receive money

You might also like: TemplerFX Account Types

You might also like: Templer FX Islamic Account

You might also like: Templer FX Demo Account

You might also like: Templer FX Fees and Spreads

You might also like: Templer FX Minimum Deposit

You might also like: Templer FX Sign-Up Bonus

Conclusion

Overall, Templer FX’s primary draw card would have to be the fact that they do not charge deposit or withdrawal fees and commission, and that their customer service is on par with some of the best brokers in the industry.

The company offers tight spreads to all of their clients, and the Templer FX and MetaTrader 4 platforms allow clients to trade Forex from almost anywhere using MT4 on PC/Mac, iPhone, iPad, Windows phone, Blackberry and Android devices.

The company does offer a variety of trading opportunities including speculation on Forex, CFD, Indices, and Metals through an industry leader MetaTrader4.

Special acknowledgement must be given to the company’s customer support, which is probably one of its main assets.

Templer FX only hires experienced professionals that have shown a history of superior customer service skills and leadership in the financial services industry.

Sales and customer service is staffed 24 hours a day, 5 days a week. The company’s sales and operations representatives can assist customers with any inquires at all times of the day, albeit in a limited number of different languages.

While the prospect of no fees or commission might be tempting for many traders, it is worth weighing this in the balance against the company’s regulatory status.

Even though the company’s FinaCom regulator is a well-respected organization, it is self-regulatory and therefore cannot guarantee the safety of the trading environment.

Neither does it regulate the daily operations of the company, and so cannot provide necessary protection to the client.

As such, the company has garnered no awards and little to no positive online reviews. Many of the online discussions of Templer FX swirl around its lack of reputability, with some traders complaining of being scammed.

With all things considered, it is best to consider the company in this light before taking the risk of trading with them, despite the very real benefits of their excellent customer service, wide array of instruments and leading trading platforms.

Disclaimer

Overall, Templer FX exclusively carries out any trades in securities, derivatives and other financial products on an execution-only base.

This means that no investment recommendation based on the personal situation of the customer, particularly in the form of individual investment advice in relation with each transaction ordered or with respect to the composition of the account, is given.

Any and all transactions are executed by Templer FX in its capacity as a commission agent, i.e. on its own behalf for the customer’s account.

Only transactions for which Templer FX and the customer have expressly made different agreements shall be excluded from this rule, According to research in South Africa.

Frequently Asked Questions

Does Templer FX offer a demo account?

Yes, you can open a demo account with Templer FX.

What is the minimum deposit for Templer FX?

Templer FX does not have a minimum deposit.

How do I withdraw money from Templer FX?

Access Finance – withdrawals in the dashboard when you’re logged into your Templer FX account. Then select the withdrawal amount and method.

Does TemplerFX accept Mpesa?

Yes, Templer FX accepts Mpesa.