Overall TIOmarkets is a trustworthy and low-risk broker with a high overall rating of 8 out of 10. TIOmarkets is authorized and regulated by FCA and offers leverage of 1:30 for major currencies 1:20 for minor currencies and 1:10 for commodities.
TIOmarkets at a Glance
🔎 Broker's Name | TIOmarkets |
📍 Headquartered | Saint Vincent and the Grenadines |
📅 Year Founded | 2019 |
⚖️ Regulating Authorities | FCA |
🌐 Countries not accepted for trade | Belgium United States of America Democratic People’s Republic of Korea Afghanistan Iran Iraq Sudan Syria Palestine |
☪️ Islamic account (swap-free) | Yes |
👍 Demo Account | Yes |
📊 Institutional Accounts | No |
📊 Managed Accounts | Yes |
📈 Maximum Leverage | 1:30 for major currencies, 1:20 for minor currencies, 1:10 for commodities, 5:1 for indiviidual equities and other reference value |
💰 Minimum Deposit | Standard account $50 / R 850,33, VIP account $1000 / R 17 002, VIP Black $3000 / R 51 008 |
💳 Deposit Options | Visa Mastercard Bankwire, and SafeCharge |
💳 Withdrawal Options | Visa Mastercard Bankwire, and SafeCharge |
💻 Platform Types | MT4/MT5 |
📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad |
📈 Tradable assets offered | forex, stocks, indices and commodities |
👨💼 Languages supported on Website | Multi-language |
👥 Customer Support Languages | Multi-language |
📆 Customer Service Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Min Deposit USD 50 Regulators FCA Trading Platform MT4, MT5 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
TIOMarkets Review – 22 key points quick overview:
- TIOmarkets at a Glance
- TIOMarkets Review – 22 key points quick overview:
- TIOMarkets Overview
- TIOmarkets Safe or Scam?
- TIOmarkets Sign-up Bonus
- TIOmarkets Minimum Deposit
- TIOmarkets Step by step guide to depositing the minimum amount
- TIOmarkets Account Types
- TIOmarkets Account Features
- How to set up a TIOmarkets Demo Account – Step by Step
- TIOmarkets Islamic Account
- TIOmarkets Trading Platforms
- TIOmarkets Fees and Spreads
- TIOmarkets Deposit and Withdrawal
- TIOmarkets Best Countries by Traders
- TIOmarkets Current Popularity Trend
- TIOmarkets vs Etoro vs XM – Comparison Table
- TIOmarkets Customer Reviews
- TIOmarkets Pros and Cons
- Conclusion
- Disclaimer
- Frequently Asked Questions
TIOMarkets Overview
According to research in South Africa, TIOmarkets is a London-based brokerage firm that offers a trading environment that is fast and dependable. TIO also provides an approach to a trading environment in which security is a top priority.
Traders from around the globe can be assured of the best trading conditions along with the trading of FX and CFD instruments that is unrivaled.
Through NDD and bridged technology along with education that is professional, TIO provides a trading experience that is easy, safe, and productive. Inner circle webinars and transparency also form part of TIOmarkets’ offering.
TIO and its team have more than 40 years of experience in the provision of trading solutions. With innovative products like that of TIOshield and predictable pricing, TIO comes out at the top where brokers are concerned.
TIOmarkets Safe or Scam?
TIOmarkets is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. This is by far one of the strictest authorities which govern not only trading but investment firms.
By using TIO as a broker, traders can be assured that they have consumer protection at the highest level in the world. TIO is also subjected to compliance with best practices along with other regulations.
TIO’s client funds are kept in segregated accounts and this means that under no circumstances may TIO use client funds for operational purposes.
Like all other brokers who are regulated by the FCA, TIO’s transactions are constantly monitored and audited to ensure that the best service is provided.
TIOmarkets also have an additional entity registered in the offshore SVG which makes provision for the global expansion into trading.
Although this may present a high risk to a lot of brokers, TIOmarkets adheres to the strict compliance of the FCA, and offshore trading is therefore safe with this broker.
Min Deposit USD 50 Regulators FCA Trading Platform MT4, MT5 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
TIOmarkets Sign-up Bonus
TIO Markets does not offer a sign-up bonus.
📍 When traders register a real account with TIO Markets, they are not offered any of the following:
Sign-up bonus
Welcome bonus
Deposit bonus
No-deposit bonus
Various brokers also offer no-deposit bonuses to traders in the same effort to draw in more customers and bonuses like this may aid not only the broker in acquiring new clients but also traders who have strict budgetary restrictions.
Traders must ensure that they familiarise themselves with the terms and conditions associated with bonuses. Traders must also ensure that they qualify for the specific criteria tied to bonuses.
The bonuses which are offered in this category are not cash bonuses, they are credited to the trader’s account as trading credit which can be used towards trading activities, thus traders can take advantage of trading risk-free.
However, profits made from the trading credit can be withdrawn despite this.
TIOmarkets Minimum Deposit
TIO Markets’ monthly subscription starts from $24.95.
📍 Instead of having an initial minimum deposit requirement, TIO Markets charges a monthly subscription on its accounts. The only two accounts on which this information is available in the VIP and VIP Black accounts.
VIP Account – $24.95 equivalent to R429,33
VIP Black Account – $49.94 equivalent to 840,44 ZAR as per the exchange rate between the US dollar and the South African rand.
TIO Markets is based in the United Kingdom and regulated by the reputable and strict FCA. Regulating entities such as these requires that brokers keep client funds in segregated accounts, separate from the broker account.
This way, client funds are not used for any activities other than trading. In addition, brokers must also be members of a compensation fund to provide traders with a certain level of insurance in case the broker cannot fulfill their financial obligations.
TIOmarkets Step by step guide to depositing the minimum amount
Deposits can be made with TIOmarkets using the following steps:
Step 1 – Log in
Once the trader has completed the process of registering on the website, the trader can pay the subscription fee by logging into the TIOmarkets Client Portal and selecting the option to deposit, followed by the method of payment and the amount.
Step 2 –Make the deposit
Lastly, traders must finalize and confirm their deposit, following any additional prompts or instructions.
Due to the nature of TIO Markets’ offering, traders will need to verify the process with the broker along with the possibility of facilitating monthly debit orders for convenience.
Traders must ensure that the account where funds are coming from is in the same name that they registered their trading account as TIO Markets does not allow third-party deposits. Deposits that are received from unknown sources are returned, and traders may be held liable for the fees.
Step 3 – Review your transaction
Choose your preferred payment option and fund your account. Depending on the method you chose, it might take a couple of days for your deposit to show up on your brokerage account. When it happens, the brokers usually send you an email to confirm the receipt of the deposit.
Min Deposit USD 50 Regulators FCA Trading Platform MT4, MT5 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
TIOmarkets Account Types
TIO Markets offers a choice between four main account types, each with its own unique trading conditions and features. These account types are:
VIP Account
VIP Black Account
Spread Account
Standard Account
TIOmarkets Account Features
The premium packages that TIOmarkets offers to traders have the following advantages:
Raw spreads, as well as zero-cost trading conditions, are offered to VIP Black Clients.
TIOshield, which adds insurance to trade, ensures that traders can be refunded if the markets move against them within 60 minutes from when they opened a trade.
Access to inner-circle webinars.
Risk consultation pertaining to any trading matters is provided by an in-house financial expert.
Even though each account type offered has its own set of features and benefits, some of the following features are included across all account types:
Maximum leverage up to 1:1000 and up to 1:500 on request.
Zero fees on deposits and withdrawals.
Fast Withdrawals.
Fast trade execution.
A risk-free demo account is offered.
Access to more than 120 tradeable financial instruments.
Dedicated and responsive customer support.
Negative balance protection is offered.
VIP Account
This account caters to traders who trade up to 5 lots per month and it includes the following features:
A monthly subscription fee of $24.95.
Commissions of $2 are charged per lot traded.
Support is prioritized and traders have access to Level 1 education.
VIP Black Account
This account type caters to traders who will trade 5 lots or more per month and includes the following features:
A monthly subscription fee of $49.95.
This account type offers commission-free trading.
Access to TIOshield.
Access to platinum support and advanced education.
Spread Account
This account is suitable for TIOx holders and features:
Zero subscription fees.
$0 commissions are charged per lot traded.
Standard Account
This account type caters to traders who trade less than five lots a month with the benefit that there is no monthly subscription fee along with the following features:
Commissions of $5 are charged per lot.
How to set up a TIOmarkets Demo Account – Step by Step
Setting up a demo account with TIOmarkets is an easy and straightforward process that consists of the following steps:
Step 1 – Open Your Account
- Navigate to the TIO Markets website and select the option ‘Register’ from the menu on the left-hand of the page.
Step 2 – Fill out the form
- A pop-up application will load, and traders can provide their First and Last Name, a valid email address, and country of residence before selecting ‘Next’.
- Traders must provide their mobile number, select, and confirm a user-selected password, accept the terms of trading, and click on ‘Register’.
Step 3 –Receive email
- An email will be sent to the email address traders provided. Once traders have received it, the embedded link can be selected, and traders will be redirected to the TIOmarkets Client Portal.
Step 4 – Open Demo Account’
- Once logged in, traders can navigate to ‘Open Demo Account’ on the control panel.
- A short form will load, requiring that traders select a platform, account type, account currency, and leverage level. For the demo, the only account type available is the Standard Account while traders can choose between MetaTrader 4 or MetaTrader 5.
- Lastly, traders can select the box to accept the terms and conditions before selecting ‘Open Demo Account.
Step 5 – Credentials to Log
- Traders will receive an email that contains their demo account credentials and a download link to the trading platform that they chose. From here, traders can download their platform and use the credentials to log in, and start using their demo account.
A demo account is often referred to as a practice account due to it provides traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.
Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and developing their own trading strategies.
Demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what the broker has to offer.
Min Deposit USD 50 Regulators FCA Trading Platform MT4, MT5 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
TIOmarkets Islamic Account
The purpose of an Islamic Account is that it caters specifically to Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitative.
Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.
TIO Markets offers the option of an Islamic Account to Muslim traders who follow the Shariah Law. Traders will have to contact Customer Support for more information on this option along with information pertaining to which account it can be applied.
There is truly little information regarding the Islamic option, which is provided by TIO Markets and subsequently, information regarding whether additional costs are applied is not readily available.
Traders must ensure that they obtain all the necessary information before they consider registering an account with TIO Markets.
Min Deposit USD 50 Regulators FCA Trading Platform MT4, MT5 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
TIOmarkets Trading Platforms
TIOmarkets offers traders a choice between using MetaTrader 4 and MetaTrader 5. Both these trading platforms can be used across desktops, web, and mobile devices (such as Android and iOS).
MetaTrader 4
Considered to be the world’s original online trading platform, MetaTrader 4 has multiple trading features along with built-in tools which allow trading at a fast, efficient pace.
Technical indicators used on this platform allow traders to access detailed chart analysis along with support for not only singular but multiple order types.
MetaTrader 5
This is a more advanced version of MetaTrader 4, and the trading platform also offers a significant amount more features than the MetaTrader 4 platform.
Some of its features include:
Improvement in trading capabilities
Instant market access
A vast array of trading possibilities
Market analysis
Automation of strategies
Additional chart timeframes
More technical indicators than MetaTrader 4
Market pricing at a Level 2 depth
MT4 FIX API
This is a FIX protocol that is offered by TIOmarkets and is suited specifically for institutional traders who require more direct access to markets.
With this platform, speeds are increased and cater to trading strategies that are more complex and of which the proprietary is more customized.
To qualify for the use of the FIX API, a minimum deposit of $10,000 is required along with margin requirements of 1% for FX, Gold, Silver, and Oil.
TIOmarkets Fees and Spreads
TIO Markets’ spread list starts from 0.0 pips.
TIO Markets offers traders a low and competitive spread list that starts from 0.0 pips and will depend on the financial instrument traded and the account that traders use. TIO Markets’ other fees are also charged according to the account type, and are as follows:
VIP Account – subscriptions from $24.95 per month, maximum leverage of 1:200 and 1:500 on request, commissions charged from $2 per lot.
VIP Black Account – subscriptions from $49.95 per month, maximum leverage of 1:200 and 1:500 on request, and zero commissions charged on trades.
Signature Account – free subscription, maximum leverage of 1:200 and 1:500 on request, and $4 commissions per lot traded.
Standard Account – free subscription, maximum leverage of 1:200 and 1:500 on request, and $6 commissions per lot traded.
Min Deposit USD 50 Regulators FCA Trading Platform MT4, MT5 Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
TIOmarkets Deposit and Withdrawal
Deposits
TIOmarkets offers several options regarding deposits which are:
When the required documentation in order to complete the registration process is not available, there is a required amount of $10,000 needed and the client has 21 days within which to complete and upload the required documentation
A deposit of $1000 is required when subscribing to a VIP Black Account
Once the account has been created, the client is required to deposit the minimum required amount into their trading wallet
Should a client stop their account subscription for any given reason within the first 30 days, they are allowed a 50% reimbursement on the deposit.
Should the client decide that they want to withdraw their money within the first 30 days, they will not receive any kind of reimbursement on the original deposit
TIOmarkets supports deposits from anywhere in the world, but they do not accept payments from third parties. When making a deposit into a trading account, it needs to be done under the same name as that of the trader’s TIOmarkets trading account.
TIOmarkets offers the following payment options:
Visa
Mastercard
Bankwire, and
SafeCharge
Withdrawals
Although there is no specific section on TIOmarkets’ website that is directly dedicated to withdrawals, there is some information available under the Clients’ Agreement Contracts.
TIOmarkets is responsible for covering all payment fees and thus there are no charges on deposits or withdrawals.
But it is essential for traders to acknowledge that there are various conditions on their residence or payment provider and that additional fees need to be verified in case the provider has fees of their own.
Withdrawals are normally processed within a couple of hours, which provides traders with almost instantaneous access to their funds. It should however be noted that the withdrawal times can vary depending on the payment provider and the method of payment.
TIOmarkets Best Countries by Traders
🌎 Country of Trade | 📌 % of Traders |
🥇Morocco | 20.97% |
🥈Vietnam | 15.07% |
🥉Canada | 10.31% |
🥈Iran | 5.12% |
🥇 United States | 4.25% |
TIOmarkets Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term – “TIOmarkets” is entered into Google’s search engine over a given period of time.
TIOmarkets vs Etoro vs XM – Comparison Table
🔎 Broker | 🥇 TIOmarkets | 🥈 eToro | 🥉 XM |
💰 Minimum Deposit | Standard account $50 / R 850,33, VIP account $1000 / R 17 002, VIP Black $3000 / R 51 008 | $1000 USD | $5 USD |
📝 Sign-Up Bonus | No | ☑️ Yes | ☑️ Yes |
➕ Max. Leverage | 1:30 for major currencies, 1:20 for minor currencies, 1:10 for commodities, 5:1 for individual equities and other reference values | 1:400 | 1:888 |
💵 Currency Pairs | - | 47 | 57 |
🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
TIOmarkets Customer Reviews
TIOmarkets has proven to be the best…
Tiomarkets has proven to be the best among the rest. The trade idea share is amazing and the customer relationships are far beyond excellence. Thank you TIOmarket for bringing financial breakthroughs to our doorsteps. Keep the good work going.
The most on-point trading ideas I’ve seen
I’ve topped into the trades that were given on the telegram group and they were all a success. I would definitely recommend, in fact, that I have invited some of my friends to join the telegram group.
Very good
Hello, TIOmarkets are the best broker that u can deal with in the trading market. Very professional, always helping and giving the best support to their customers. My favorite guy over there is Christian he is such a gentleman and a helper. He made me trust this company and the only company that I work with because of him specially.
TIOmarkets Pros and Cons
✔️ Pros | ❌ Cons |
1. More than 40 years of experience in providing trading solutions | 1. No contact telephone number is provided on the website |
2. Low stock and ETF trading fees | 2. €3,000 minimum deposit |
3. Pricing that is predictable | 3. Limited options to fund account |
4. Crypto deposits are supported | 4. Does not offer the lowest spreads |
5. VIP Black account | 5. US clients are not accepted |
6. 0 fees on deposits along with withdrawals | |
7. Trading platforms such as MT4, MT5, and MT4 FIX API |
Conclusion
Overall, TIOmarkets can be summarised as a credible and trustworthy broker and is considered an average risk with competitive trading fees and spreads. TIOmarkets has an overall trust score of 4.5 out of 5. TIOmarkets offers traders the MetaTrader suite of platforms as well as a basic web and mobile app.
You might also like: TIOmarkets Account Types Overview
You might also like: TIOmarkets Demo Account – Step by Step
You might also like: TIOmarkets Fees and Spreads
You might also like: TIOmarkets Islamic Account Overview
You might also like: TIOmarkets Minimum Deposit
You might also like: TIOmarkets Sign up Bonus
Disclaimer
Regardless of the information and tools provided by TIOmarkets, there is always a significant level of risk involved when trading in financial instruments and this may not be suitable for all investors.
Before traders undertake any transactions, they need to acknowledge and understand the risks involved and should they need to, they can seek alternative, independent, and professional advice.
By making use of TIOmarkets as a broker, the trader acknowledges and accepts that they run a great risk pertaining to incurring losses and damages which may result from dealing in financial instruments, and keeping this in mind, the trader is still willing to take the risk, According to research in South Africa.
Frequently Asked Questions
How many instruments can I trade with TIOMarkets?
You can trade 120+ instruments including CFDs on forex, Indices, Commodities, Stocks, and Crypto.
Which trading platforms are supported by TIOmarkets?
MT4 & MT5 trading platforms. MT4 trading platform.
Is TIOMarkets a scam or fake?
Our review reveals that TIOMarkets is not a scam or fake as it is regulated by one of the strictest authorities in the world, the (FCA) in the United Kingdom.
What type of broker is TIOmarkets?
TIOmarkets is an STP broker
What is the overall rating for TIOmarkets out of 10?
8/10.
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