According to research in South Africa, TMS Brokers is a Polish Forex and cryptocurrency broker regulated by the PSA (Polish Financial Supervision Authority). TMS Brokers offers to trade on the well-renowned MetaTrader5 platform with a maximum deposit of 15 000 EUR. TMS Brokers also holds an overall trust score of 4/10.
TMS Brokers at a glance
| 🔍 Broker's Name | TMS Brokers |
| 📍 Headquartered | Poland |
| 📅 Year Founded | 1998 |
| ⚖️ Regulating Authorities | Polish Financial Supervision Authority (PSA) |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Not indicated |
| 📒 Demo Account | Yes |
| 🏛 Institutional Accounts | No |
| 💼 Managed Accounts | Yes |
| 📊 Maximum Leverage | 1:30 |
| 💰 Maximum Deposit | €15 000 |
| 💳 Deposit Options | · Bank Wire Transfer · Credit/Debit Cards · Skrill |
| 💳 Withdrawal Options | · Bank Wire Transfer · Credit/Debit Cards · Skrill |
| 📱 OS Compatibility | MetaTrader 5 |
| 📉 Platform Types | Web browsers, Windows, MacOS, Linux, Android, iPhone, tablets, iPads |
| 📈 Tradable assets offered | Forex, stock indices, commodities, CFD shares, CFD Cryptocurrencies, ETFs |
Min Deposit
USD 16,500
Regulators
KNF
Trading Platform
MT5
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
A Quick Overview of our TMS Brokers Review – 21 Key Points
- ☑TMS Brokers at a glance
- ☑Who are TMS Brokers?
- ☑TMS Brokers Safety and Security
- TMS Broker’s Pros and Cons
- TMS Brokers Leverage
- TMS Brokers Accounts
- TMS Brokers Markets Instruments
- TMS Brokers Fees, Spreads, and Commissions
- TMS Brokers Deposit and Withdrawals
- TMS Brokers Trading Platforms
- How to open a TMS Brokers account
- TMS Brokers Customer Support
- TMS Brokers Education
- TMS Brokers Research
- TMS Brokers Awards
- TMS Brokers vs Tier1FX vs Directa Simpa – A Comparison Table
- Top Countries by Similar Web
- TMS Brokers Popularity Trends
- TMS Brokers Conclusion
- TMS Brokers Disclaimer
- Frequently Asked Questions
Who are TMS Brokers?
According to research in South Africa, TMS Brokers is a Polish Forex and cryptocurrency Broker which is strictly regulated by the Polish Financial Supervision Authority.
TMS Brokers was first licensed to facilitate the trading of Forex in 1998 and it ventured into offering online trading services in 2002.
TMS Brokers’ platforms provide clients with access to thousands of products, including currencies, contracts for indices, commodities, and stock contracts from major world exchanges. Investing in global markets
TMS Brokers offers traders of varying levels of experience with competitive trading conditions along with the use of a popular and reliable trading platform such as the MetaTrader5.
Min Deposit
USD 16,500
Regulators
KNF
Trading Platform
MT5
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
TMS Brokers Safety and Security
When evaluating different brokers, it is imperative for traders to research and thoroughly compare brokers firstly based on regulation before considering several other factors.
TMS Brokers has been regulated by the Polish Financial Supervision Authority, since 2002 and it provides adequate measures in ensuring that client funds are protected by keeping clients’ funds in segregated accounts, separate from company funds.
TMS Broker’s Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated | Variety tradable financial instruments offered |
| Client funds kept in segregated accounts | Restricted leverage |
| Offers MetaTrader 4 and cTrader | Widespread when compared to other brokers |
| Supports pending orders, one-click trading, and mobile trading | Maximum deposit |
| Limited payment methods for deposits and withdrawals |
TMS Brokers Leverage
TMS Brokers provides leverage up to 1:30 for Forex, Gold, and Silver, 1:5 for stocks, and 1:2 for cryptocurrencies. This ratio is significantly lower than what other brokers with similar trading conditions offer.
| 📊 TMS Brokers Maximum Leverage | 1:30 |
| 📌 Open an account | 👉 Click Here |
|---|
Leverage is an extremely useful tool that can be used to increase the chance of gains and profit by allowing traders to open positions much larger than their initial deposits.
Simultaneously, leverage also exposes traders to substantial losses that may exceed their initial deposit if risk management tools such as stop loss and take profit, trailing stop, and others are not applied, in addition, negative balance protection also offers extra safety.
TMS Brokers Accounts
TMS Brokers offers a live trading account on the MT5 platform with a maximum deposit amount of EUR15 000
There is no information pertaining to the provision of an Islamic Account option for Muslim traders although there is a demo account that is provided that can be used by traders to practice trading, explore trading conditions, or test trading strategies.
TMS Brokers Demo Account
TMS brokers offer a demo account for traders to practice their trades with $50 000 in virtual funds provided in a risk-free environment.
TMS Brokers Markets Instruments
TMS Brokers offers the following tradable financial instruments:
▶ Forex
▶ Stock indices,
▶ Commodities
▶ CFD Shares
▶ CFD Cryptocurrencies, and
▶ ETFs
TMS Brokers Fees, Spreads, and Commissions
TMS Brokers has a maximum deposit amount of EUR 15 000.
| 💳 Maximum Deposit | EUR 15 000 |
| 📌 Open an account | 👉 Click Here |
|---|
TMS Brokers charges low to no commissions on trades, deposit or withdrawal fees, inactivity fees, account maintenance, and management fees, or conversion fees may incur through financial institutions used.
TMS Brokers Deposit and Withdrawals
TMS Brokers supports the following payment options through which deposits can be made:
Withdrawals can only be made using Bank Wire Transfer and TMS Brokers offers the following supported deposit currencies that correlate with the account base currencies:
💳 PLN
💳 EUR, and
💳 USD
Traders will need to verify the possibility of deposit or withdrawal fees that may be charged to the broker as this information is not provided.
TMS Brokers Trading Platform
TMS Brokers supports the use of the following trading platforms which can be used to execute trades, conduct technical and fundamental analysis, and an array of other functions and features
MetaTrader 5 can be downloaded onto the following devices:
▶ Desktop PCs that run either Windows, Linux, or Microsoft.
▶ Mobile devices that run Android or iOS operating systems, or alternatively,
▶ The trading platforms can be accessed through any web browser.
How to open a TMS Brokers account
The account opening process with TMS Brokers is quick and quite simple, and it requires online registration on the website where the trader must provide their email address and select a user password.
Step 1 – Navigate to the TMS Broker website
Select the option to open a live account
Step 2 – Click Start to begin the registration process with TMS Brokers
Step 3 – TMS Brokers Account Registration
Provide an email address and select a password. After completing this, the trader must read and accept the terms and conditions before proceeding.
Step 4 – Identification verification
Provide proof of identity/passport by uploading documents or filling out the manual form provided.
Step 5 – The trader will receive an email to the address that they entered and when clicking the embedded link, their email address will have been verified.
Once the trader has verified their email address, they can use their credentials to log into the TMS website where they can start the online account application.
TMS Brokers Customer Support
TMS Brokers’ customer support can be contacted from Monday to Friday from 09H00 until 17H00 CET by using any of the following communication channels:
- Telephonically
- Via email, or alternatively
- By using the Facebook Messenger live/instant chat option on the website.
TMS Brokers Education
TMS Brokers caters extensively to the provision of educational material in All languages, tools, and resources by offering traders the following:
- Free E-books
- Online webinars
- Live seminars, and
- Video lectures
TMS Brokers Research
TMS Brokers provides the following research tools and resources including:
- Live Quotes, and
- An economic calendar
MetaTrader 5, however, offers a wide range of research tools that can be used by traders to improve their trading skills and help them make better trading decisions.
TMS Brokers Awards
TMS Brokers holds various outstanding awards displayed on the website.
TMS Brokers vs Tier1FX vs Directa Simpa - A Comparison Table
| 🥇 TMS Brokers | 🥇 Tier1FX | 🥇 Directa Simpa | |
| 💳 Minimum Deposit | EUR 15 000 (Max deposit) | EUR 1000 | Not Indicated |
| ⤴ Maximum Leverage | 1:30 | 1:100 | Not Indicated |
| 🎉 Rewards Programs | ☑ Yes | ☑ Yes | None |
| 💻 MetaTrader 4 Platform | None | ☑ Yes | None |
| ⭐ Open an account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
|---|
Top Countries by Similar Web
| Top Countries | 📌 % of traders |
| 🌍 Poland | 60.52% |
| 🌍 Czech Republic | 12.87% |
| 🌍 Lithuania | 11.28% |
| 🌍 Georgia | 7.04% |
| 🌍 Latvia | 2.64% |
| 🌍 Others | 5.66% |
| ⭐ Open an account | 👉 Click Here |
|---|
TMS Brokers Popularity Trends
According to Google Trends, here is an overview of how frequently the search term – “TMS Brokers ” is entered into Google’s search engine over a given period of time.
TMS Brokers Conclusion
Overall, TMS Brokers is a well-regulated broker that offers competitive trading conditions, although there are some areas that need substantial improvement. The pricing schedule and fee schedule are not transparent and there is a substantial amount of missing information which is quite important for traders to know when comparing brokers.
When compared to other brokers that offer similar trading conditions, the minimum deposits are substantially high, leverage is restricted, and there is not a variety of tradable instruments provided. There are only two account types, and little is known about their full list of features and what benefit they would hold if traders were to open either of these accounts.
There are limited supported payment methods when making deposits or withdrawals, especially when considering that withdrawals can only be made through using Bank Wire Transfer, and there are only three deposit currencies that are supported.
The account application proves to be near impossible to navigate without a web browser that has the ability to translate pages to English, which puts TMS Brokers at a great disadvantage as it may discourage potential customers from opening an account.
Although TMS Brokers is a well-regulated broker that ensures the security of client funds, there are areas where substantial improvements are necessary to improve the professionality of the website and improvements in pricing and fee transparency.
Customer support is only available during certain times during the week with no support over weekends, which makes it difficult should traders have urgent queries during these times.
TMS Brokers Disclaimer
TMS Brokers warns that both Forex and CFDs are leveraged financial instruments and there is substantial risk involved with leveraged and margined trading that may result in the loss of capital, and often losses may exceed the initial deposit of traders.
Traders need to evaluate their exposure to risk as the risks involved with the leveraged and margined trading of Forex and CFDs may not be suitable for all traders. Traders need to adequately evaluate their willingness to be exposed to such risks along with whether they can financially compensate and accommodate such risks without losing their initial deposits.
Should traders deem it necessary, before making trading and investment decisions, they can consult independent advice. The information provided on the TMS Brokers site is only intended for informational purposes and should not be seen as encouragement for trading or investment.
Min Deposit
USD 16,500
Regulators
KNF
Trading Platform
MT5
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Frequently Asked Questions
Is TMS Brokers regulated and by whom?
Yes, TMS Brokers is regulated by the Polish Financial Supervision Authority (KNF)
Who is TMS Brokers?
TMS Brokers is a brokerage firm that provides online trading services to clients in various financial markets such as forex, commodities, cryptocurrencies, and indices. The company was founded in 1997 and is headquartered in Warsaw, Poland.
Which platforms are supported by TMS Brokers?
TMS Brokers offers to trade on the advanced Metatrader 5 platform.
Does TMS Brokers offer leverage?
Yes. TMS Brokers offers leverage of 1:30.
What is the overall rating out of 10 for TMS Brokers?
TMS Brokers holds an overall rating of 7/10
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