no, TDMarkets broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.
TDMarkets is a FX and CFDs company of TDM Holdings Inc. which is registered by the Financial Services Authority of St Vincent and the Grenadines, under the number 23129 IBC.
The company doesn’t provide it’s address or contact phone number, only the email. It is dangerous to invest with the offshore based companies as they don’t provide any funds protection.
We recommendd to avoid offshore brokers and invest with companies licensed in UK or Australia (Find best forex brokers in Australia), where regulation is strict and there are certain client protection rules. Comparing the STP license from FCA, the brokers need to have EUR 125,000 of capital on their accounts.
Also the regulator has a Financial Services Compensation Scheme that provides the compensation of the funds up to GBP 50,000