June 05, 2020

Top Forex Brokers

TioMarkets Latest Updates

Reviewed broker: TioMarkets

Operated by: TIO Markets UK Limited

Regulation: FCA

Location: TIO Markets Ltd.’s address is Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent And The Grenadines. TIO Markets UK Limited is located at 3rd Floor, 9 Devonshire Square, London EC2M4YD, United Kingdom.

USA traders: US clients are not accepted

Established in 2019

Note: previously known as Primus Capital Markets UK Limited

Trading conditions

Trading instruments: forex pairs, indices, energies and stock, crypto is limited to only BTC/USD, ETH/USD and TIOx/USD

Spreads as low as 3 USD, plus you have to pay a monthly subscription or commissions

Negative balance protection: yes, meaning your balance never goes below zero and ensuring a high-standard of consumer protection

Leverage goes as high as 1:30 for retail EU customers but it can be higher for those outside the EU and UK to maximum of 1:500 upon request.

Demo account is available

TIOshield

Undo losing trades

Add insurance to your trades and you’ll be refunded if the markets move against you within 60 minutes

Payment Methods for deposits and withdrawals

Withdrawal information is completely missing from the broker's website.

Payment options include: bank wire, credit/debit card, local transfer (Paytrust), China local transfer (Funpay and UnionPay) and Crypto. Deposit, withdraw and hold your balance in Bitcoin, Ether or TIOx 

According to the broker's representative, minimum withdrawal to all methods is $100, meaning that if you have anything below that sum, you won't be able to withdraw it from your account.

TioMarkets also charges an inactivity fee of $30 for the first time and then $10 each following month!

Trading Plans

Plans for every type of investor to instantly raise your trading game.

STANDARD - FREE

Min 1st Deposit USD 50 

$6 commission per lot

VIP $24,95*/mo

Min 1st Deposit $500

$2* commission per lot

Priority Level Support

Basic Education

VIP BLACK - $49,95*/mo

Min 1st Deposit $1000

$0 commission per lot

No limitations on lots traded

Undo any trade 

No extra charges

Basic + Advanced Education

Platinum Level Support 

Educational Materials and Customer Support.

The broker claims to provide strategies and "secret" opportunities. You can get one on one consultation with the chief risk manager. The website is translated in 9 languages but lacks many basic and very important information that most forex brokers, such as XM, Liteforex, Octafx, Avatrade and Instaforex explain in details on their websites. 

How was the rating of TioMarkets 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 TioMarkets FX broker performance and features. 

Overall our online TioMarkets 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 TioMarkets or you find inaccurate details TioMarkets broker review please get in touch with us and the changes will be applied.