TIO Markets Review

TIO Markets

TIO Markets

www.tiomarkets.uk

  • Leverage: 1:30

  • Regulation: FCA

  • Min. Deposit: 50 US$

  • HQ: UK

  • Platforms: MT4, MT5

  • Found in: 2019

TIO Markets Licenses

  • TIO Markets UK Ltd -  authorized by FCA (UK) registration no. 488900
  • TIO Markets Ltd. - authorized by FSA (Saint Vincent And The Grenadines) registration no. 24986 IBC 2018

Top 3 Forex Brokers

  1. Is TIO Markets safe or a scam?
  2. Platforms
  3. Accounts
  4. Spread
  5. Leverage
  6. Deposits and Withdrawals with a specification of minimum deposit and withdrawal fee
  7. Conclusion

What is TIO Markets?

TIO Markets is a brokerage firm that strives to offer a fast and dependable trading environment with a secure approach and top trading conditions for global traders. For its great strives TIO Markets is established in the leading world financial hub London.

TIO Markets focus access unrivaled trading for FX and CFD instruments including Shares, Indices, Energies and Cryptocurrencies where your orders are placed through electronic bridges connected to liquidity providers also ensuring ultra-low spreads at all times.

TIO Markets website

10 Points Summary
🏢 HeadquartersUK
🗺️ RegulationFCA
📉 InstrumentsFX and CFD instruments including Shares, Indices, Energies and Cryptocurrencies
🖥 PlatformsMT4, MT5
💰 EUR/USD Spread$6 commission per lot traded
💳 Minimum deposit50 US$
💰 Base currenciesUSD, GBP, EUR
🎮 Demo AccountAvailable
📚 EducationProfessional education with inner circle webinars
☎ Customer Support24/5

Type of the broker

Brokers aim to provide an easy, safe and productive trading experience achieved by innovative technologies through NDD and bridged technology, professional education with inner circle webinars and transparency.

Even though TIO Markets offering may suit various size traders from the beginning to professionals, there is an interesting opportunity for high-volume traders through TIO Markets VIP Black account that allows them to save money with 0 commissions.

TIO Markets education

Is TIO Markets safe or a scam?

TIO Markets operated under regulation from the Financial Conduct Authority UK which is one of the strictest authorities regulating trading and investment firms. Therefore, holding an account with TIO Markets you may be assured of consumer protection on the world’s highest level along with compliance to best practices. You may read more Why trade with FCA regulated Broker by the link.

TIO Markets license

Overall, the regulation is always important while choosing a broker since authority license obliges to a number of rules that set a reliable environment for traders. According to them, clients of TIO Markets money always fully segregated, which means untouchable for the company, which guarantees its safe kept.

Moreover, FCA constantly monitors and audit brokers’ transactions to ensure the best service, as well as by participation to FSCS protect clients money in case of the insolvency issues.

Nevertheless, there is an additional entity of TIO Markets registered in offshore SVG, which run with a purpose to have global expand to trading. While we do not advise trading with solely offshore firms due to high risks together with FCA compliance TIO Markets is a safe choice.

Trading Platforms

Understanding the necessity to use powerful software in order to execute orders and analyze markets TIO Markets compromise to offer industry known MetaTrader4, and its next version MetaTrader5. These two platforms are a most used choice between the traders and its not a surprise, its truly hard to find the same advanced features all combined in one.

TIO Markets platform

MetaTrader4 offers multi-asset trading flexibility and advanced charting package with over 30+ technical indicators accompanied with free research tools and technical analysis reports.

Also, MT4 allows optimization and use of various strategies as well as automatic trading, accomplishes well TIO markets execution with quotes received from its numerous liquidity providers. So in conclusion, we see that TIO markets made it the most reasonable way as a result, great combination between sophistication and yet customer friendly option.

Also, MetaTrader5 that combines even more developed and cutting-edge tools remaining at your choice, as well available in different version for almost any device and no restrictions on EAs.

Accounts

TIO Markets fives access to trading through three account types designed with specified trading conditions according to volumes you operate. Standard

TIO Markets accounts

Fees

What we do also like is a very unique offering to manage trading costs designed by TIO Markets. Whatever account type you trade, TIO markets provide you with raw spreads which are lowest spread at all times plus the commission defined by the account type. So the total cost will be at Standard account raw spread, which you may see snapped example below and will add on $6 commission per lot traded

With VIP Black account you may access trading with zero commission and razor-thin spreads on all markets, as TIO Markets mentions on its website just by paying a monthly subscribe worth $49,95. While VIP account offers a lower commission of only $2 per lot by a monthly charge of $24.95.

TIO Markets cryptocurrencies

TIO Markets overnight fee

In addition, you should also consider an overnight or rollover fee, swap which is an interest paid for holding a position overnight. These rates are determined by the instrument and the direction of the positing either selling or buying, which you may check directly from the platform.

You can also see also fees of another popular broker Nadex.

Leverage

For the leverage levels, as usual maximums are defined by the regulatory restrictions, instrument you trade and your personal pro level. So general offering for retail trading under FCA license goes to a maxim of 1:30 for major currency pairs.  

Nevertheless, in case you open an account with TIO Markets offshore entity, the company may offer you higher leverage ratios, yet you should choose leverage accurately and always consider the necessary risks involved.

Funding Methods

So once you decide to open an account the next step is account funding, which is available via Visa, Mastercard, UnionPay P2C and Bank Wire.

minimum deposit

There is $50 minimum deposit requirement, which is great for you to decide what amount you wish to invest just by covering and checking the necessary margins for the instrument or another. However, VIP and VIP Black account that feature monthly subscriptions require available amounts which is $1,000 or $500 accordingly mainly due to the coverage of margins and monthly fees.

TIO Markets account funding

withdrawal fee

What is more great, TIO Markets covers all payments fees so there is 0 charge on deposits or withdrawals. However, due to various conditions on your residence or payment provider, it is recommended to verify in case any fees are waived with the provider itself.

Conclusion

Overall, TIO Markets trading opportunity might be an interesting option specifically for traders of high-volume due to its unique opportunity to trade with 0$ commission just paying a monthly subscription. Besides, trading technology they use and the available range of instruments accompanied by professional education is very likely too.

Also considering TIO Markets’ obligation to FCA overseeing brings a clearer state of mind even though the company is a relatively young player in the market. The alternative is FXTM. It also holds an FCA license in the UK but much better trading condition.

Yet, it is always good to know your personal opinion if any which you may share in the comment area below.

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6 responses to “TIO Markets”

  1. The VIP black is the reason why I like that broker because it helps me to save more money. At the very beginning I was scared of TIOmarkets because it looks like scam as they are new in town but then suddenly I saw this FCA regulated broker license of with their VIP black subscription. After that I tried the VIP black then so far I’m doing great at my tradings.

  2. They are definitely a scam and their client service is absolutely horrible. I tried to make a withdrawal which they sent via etransfer that required a password and I was not able to
    Receive it because they refused to give it to me. They are extremely unorganized and hard to reach. Definitely recommend not using this broker as you will cause yourself much frustration.

  3. Tio Markets is a scam please do not dare to fall for it I saw that it looked like they are regulated and I put £500 into their PAMM ACCOUNT scheme my money disappeared they helped me through the process of paying my money to them so they manage it but all of a sudden there was no trace of it no records of it at all, Tiomarkets is absolutely without doubt a scam.

  4. Been using TIOmarkets for a couple of months now and so far no problems! Quick withdrawals and professionally handled if there are any issues or questions that I have.
    My account manager is amazing, tried to resolve all my issues straight away.
    In terms of trading, the spreads are great and much better than some other brokers. Highly recommend.

  5. Good Evening to all of you, today I would like to share a situation How I lost my tiox and was dissolved by the management.

    First let me start by sharing how did I Receive TIOX. I was not a purchaser of the initial trade.io token, but I had joined an forex
    master via the FX Primus brokage service. Who had introduce me to this ICO (initial coin offering) to grow the value of the token. So at the time
    I had invested Ringgit Malaysia 2,500 and was given 300 TIO (at the time).

    As months went by, and years went by the trade.io was going fine, until the last crypto currency drop, everyone was hit badly and you may
    have seen, many people asking questions right up till today (telegram), “why was the exchange in hibernation”, why was the token changed
    from trade.io to tiox. and uncertainty started to build. and you guessed it right, the people in malaysia who had introduced me to this token
    was not reachable ever since 3 years ago.(” the impression that they collected my money) and now start making things difficult to me

    I was just asked to quickly switch my trade.io to TIOX to not lose those tokens and left hanging, and I did that, so my trade.io was converted
    to tiox and I was added to this telegram group

    Now, after holding this tokens TIOX which had zero to none growth and (took a huge drop) and people were screaming about this investment
    I decided to save this 300TIOX and believe one day it will grow, so I decided to reach out to TIOX Management website ” how do I keep this
    tokens safe at the time it was in MY Etherwallet ( please understand, all this is was still new to me, I didnt know much about the crypto
    world) so going to the TIO management would be the ideal step, at the time the token was in MEW (my etherwallet), and due to security
    if crypto’s being hacked stolen, i then followed the steps, went on to live chat to ask them how CAN I STORE MY TIOX SAFELY on your site
    without losing it and hoping the price will grow. ( at this time i was reading the complaints, questions and concerns from poeple on the
    TIOX telegram,

    Then the Live chat said, yes sir you best keep it safely on our exchange and and ASSURED me they have a tight security and tokens will be
    safe on our exchange (and yes they dont have a wallet, if you want to store tokens it has to be on exchange), After speaking to live chat
    taking the responsibility to keep my tokens safely I had kept in on the exchange ( and obviously the customer service didnt tell me)
    they are going to deduct my tokens after months on inactivity, this was not mentioned (And I kept believing It will be safe there)

    But on 30th june 2020, guess what! they withdrawn my tokens without my concern!. it was negative (view the pasted screenshot), it was very worrying
    as I had trusted TIOX management to keep it safely, and even email me or message telling me about the inactivity, obviously not!
    they waited for the right time to steal the tokens from me and it was NEVER recovered till today.

    If you understand today how crypto exchanges such as Binance, coinbase, they will never steal or remove your tokens, but they will oblige
    you to stake your tokens on their exchange to be rewarded. ANd they always transperant what they do with their customers assest (not with TIOX)

    Now, to my surprise and I burst my tensed moment on the telegram chat (which many informed me to calm down) and reach out to Bill.
    Bill is there to help us!, bill will do his best what not.

    But at the back of my mind, I know. this was perfect flow to scam my money and tokens just by them following their calm cool protocol.
    (dragging things) drag and drag till we hit the walls of no return.

    SO, yes I personally texted Bill H , and explain the full situation.
    You can see the screenshots attached.
    His reply ”
    Thank you for sharing the entire story with me Dinesh, and I am sorry that your trade did not work out.
    It is against out policy to make refunds like this but let me see if I can make an exception in this case.
    Give me a day or so to discuss with my team, I appreciate your patience and understanding.

    and then after dragging and dragging with no hope of recovering my tokens, he replies something to close everything with me
    Bill
    Unfortunately we are not going to be able to help you with this Dinesh, too much time has based and we are not making any exceptions

    SO conclusion is, Im taking the time to write this to share a Fraud happening in year 2021, how from investment money was made to believe
    a token will have value, then they drop everything, and would want all of us to just keep asking them questions and come to no resolution
    I know the fact I’m never getting my tokens back. I and will consider my RM2500 just gone to charity

    Also a tip, stop wasting your time in Bill’s merry go round questions and answers on telegram which he just careless to be transperant
    his just doing what he needs to do, drag time.

    Ive been following and own some cyrptocurrency on exchanges such as Binance (top 10 tokens) which people dont bug them to be transperant
    and their technology advancement/ trading volume’s/ Market cap are clear on all websites for public to decide if we should buy those tokens (alternate coins) to grow
    your investment. Now those are something to look at.

    The scam or fraud happend here with TIOX is a bitter feeling of losing my money, I feel such pity to those investors who has invested huge sums
    and still investing till today.

    Fake ICOs
    The easiest way to conduct a scam is to build and market a fraudulent Primary Coin Offer project. ICO has become an essential way for legal businesses to find the necessary funding through crowdfunding.
    Many fraudulent ICOs write a white paper, develop a marketing campaign on social networks, post token information on stock exchanges, and conduct a fake sale of tokens.

    Since there is no future here, I will not be in a group still reading concerns, complaints and Bill dragging all of us that there is a future
    when truth is its just a merry go round (hides behind telegram with some unknown display picture)

    Yes, if you realise you make a complaint on telegram, there are few good replies from some individuals saying give Bill sometime, reach out to Bill.
    they are part of this huge network.

    Do you reasearch, buy alt coins (bitcoin, ethereum, cardano, polka) read about their technology
    Stake their tokens, earn rewards. Those tokens do have value, they are trading with huge sums daily

    Thank you for your time, if you want to message me for more proof and answeres do reach out.
    I believe after this post. I may removed from the group aswell. See ya

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