January 21, 2022


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Tallinex reviewsUpdated Review of Tallinex Forex Broker

2020 - Broker's website is unreachable.

February 2019: Tallinex reports that its bank accounts remain frozen.

2018-07-19:  The CFTC has ordered a penalty against Tallinex and repayment of US customers.

Reviewed broker:  Tallinex

Established in 2012

USA traders: accepted

Location: Estonia

ECN/STP broker: yes

No dealing desk: yes

Regulation: FSA of St. Vincent and The Grenadines

Tallinex does not operate within the United States of America or Canada, nor does it solicit residents of those countries, nor of Puerto Rico, Guam, American Samoa, Northern Mariana Islands, Virgin Islands (US), United States Minor Outlying Islands, Finland, Estonia or St Vincent and The Grenadines in relation to the provision of retail Forex services.

Trading instruments: Indices, ETFs, Stocks, Commodities, forex, oil

Why Choose Tallinex Broker to Trade with?

  • Initial deposit $100
  • Leverage up to 1:1000
  • Spreads from 0.0 pips
  • Minimum trade 0.01 lots
  • True ECN/STP liquidity
  • NO dealing desk intervention
  • Hedging allowed No FIFO
  • Fast and easy account opening
  • STP model with real-time market and price feeds from FSA regulated banks
  • Various deposit & withdrawal options are available, such as bank wire transfer, credit/debit card, etc.
  • FIFO rule not applicable
  • Prices quoted to 5 decimal places
  • Scalping strategies and all EAs allowed - absolutely no restrictions
  • Multi-lingual support - English, Swedish, Russian, Finnish and Estonian

Trading Account Types


The Tallinex ECN-MICRO account type is designed for traders new to the Forex market, and those needing to trade smaller volumes. Features include:

    Variable spreads starting from 1.8 pips for EURUSD
   Average EURUSD spread is 2.5 pips  
   Commission-free trades
   Leverage from 1:1 up to 1:1000
   Minimum trade size is 0.01 lots (1,000)
   Minimum increment is 0.01 lots (1,000)
   Minimum account opening deposit is US$ 100 / EUR 100
   No dealing desk intervention
   Margin call / Stop-out levels: 150% / 100%
   No re-quotes
   Hedging allowed
   True ECN - liquidity provided by Integral via a Prime XM bridge


The Tallinex ECN-PRO, raw-spread account provides the ideal trading conditions for professional and institutional traders alike. Features include:
   Variable spreads starting from 0.0 pips for EURUSD
   Average EURUSD spread is 0.6 pips 
   ECN commission of US$ 6 / 100,000 round turn
   Leverage from 1:1 up to 1:500
   Minimum trade size is 0.10 lots (10,000)
   Minimum increment is 0.01 lots (1,000)
   Minimum account opening deposit is US$ 2,000 / EUR 2,000
   No dealing desk intervention
   Margin call / Stop out levels: 150% / 100%
   No re-quotes
   Hedging allowed
   Pricing to 5 decimals
   True ECN - liquidity provided by Integral via a Prime XM bridge


PRO-MANAGED accounts are designed for Tallinex clients who want to take advantage of the high potential profitability the Forex market offers, but do not have the time or the desire needed to master the currency markets.
Features of Tallinex PRO-MANAGED accounts include: 
   ECN-MICRO and ECN-PRO managed accounts available
   Variable spreads starting from 0.0 pips for EURUSD
   Average EURUSD spread is 0.5 pips
   Leverage from 1:1 up to 1:500
   Minimum trade size is 0.01 lots
   No dealing desk intervention
   Margin call / Stop-out levels: 150% / 100%
   No re-quotes
   Hedging allowed
   Pricing to 5 decimals 
   100% bonus for all deposits
   True ECN - liquidity provided by Integral via a Prime XM bridge

Trading Platforms

Tallinex MetaTrader 4

The MetaTrader 4 terminal is a perfectly equipped traders' workplace that allows you to trade the financial markets. It provides the necessary tools and resources to analyze price dynamics of financial instruments, execute trade transactions and create & use automated trading programs (Expert Advisors). It represents the all-in-one concept and is the most popular trading terminal in the world.

Tallinex VPS

To make the most of the MetaTrader 4 terminal when trading with Expert Advisors, a fast and very stable internet connection is essential. This is especially true when using Expert Advisors that scalp and/or trade very frequently. For this reason, Tallinex now offers the best possible VPS (Virtual Private Server):

  • VPSs are located in the London Equinix data centre - the same data centre used for the
    Tallinex trade servers, and home to most of our liquidity providers
  • Latency is generally less than 1ms
  • VPSs are available at no cost (subject to trading a minimal monthly volume of 5 lots)



Minimum deposit requirement: $100

Payment options: credit cards, wire transfer, Skrill, Neteller

Promotions and bonuses: 100% withdrawable deposit bonus on each deposit

Leverage up to 1:1,000

Spread types: variable

Spreads start from 0.5 pips

Minimum trade lots: 0.01

MAM accounts: available

Trading platforms: MetaTrader 4

Currency pairs: 49

EA: yes

Mobile trading: yes

Demo account: yes, unlimited for active accounts

Hedging: allowed

Scalping: allowed

Trailing stop: yes

Pending orders: yes

One click execution: yes

Mobile trading: yes

Islamic accounts: not available

VPS accounts: available for free for clients trading 5.00 lots per month

Commissions: ECN-PRO account commission is $3 per $100,000

Segregated accounts for client funds: yes

Frequently Asked Questions

How long does it take to open a Live Account?

Approval time depends on how quickly the required documents are submitted. If all required documentation is submitted along with your application, then your account could be approved in one business day or less.

What is the minimum trade size at Tallinex?

The smallest trade size is 0.01 lots for ECN-MICRO accounts and 0.10 lots for ECN-PRO accounts.

How are client funds segregated?

Tallinex keeps un-margined client funds separated from company funds in segregated, "off-balance-sheet" accounts at a large, conservative European bank. Tallinex is unable to use client funds for company expenses.

How good are Tallinex spreads?

The best way to assess Tallinex spreads is to register for a Demo Account and try them - demo accounts use exactly the same price feeds and exactly the same spreads as Tallinex live accounts. The average EURUSD spread is just 0.5 pips (varying nominally between 0.0 and 1.0, depending on time of day and market conditions)

Which deposit methods does Tallinex support?

At the time of this Tallinex Review the following methods were available - wire transfer, credit / debit cards, Skrill, Neteller and Trustly.

Is Tallinex a Market Maker?

No - Tallinex is not a market maker - all trades are ECN/STP (placed into the market). This means that all Tallinex clients are A-book clients, not B-book (where the broker trades against their own clients).

What is the commission on Tallinex ECN-PRO accounts?

ECN-PRO account commission is US$3.00 per $100,000 per side i.e. US$6.00 per lot ($100,000) round-turn.

Customer Representatives

Customer support: chat, email, phone

How was the rating of Tallinex performed compared to other brokers? 

This 2020 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Tallinex FX broker performance and features. 

Overall our online Tallinex review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Tallinex or you find inaccurate details Tallinex Capital broker review please get in touch with us and the changes will be applied.