TIO Markets Review (2023)

Country
Ukraine
Founded
2019
Leverage
1:30
Min Deposit
50.00
Platform
MT4, MT5
Website
-

Regulator

TIO Markets Ltd. - FSA No.24986 IBC 2018

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 Pros and Cons

TIO Markets provides quality trading conditions and regulated trading with NDD execution, tight spreads and range of instruments. There are trading videos, range of platforms and good support

For negative condtions, there is no comprehensive education with webinars or seminars, instruments are limited to Forex and CFDs.

10 Points Summary
🏢 Headquarters UK
🗺️ Regulation FCA
📉 Instruments FX and CFD instruments including Shares, Indices, Energies and Cryptocurrencies
🖥 Platforms MT4, MT5
💰 EUR/USD Spread $6 commission per lot traded
💳 Minimum deposit 50 US$
💰 Base currencies USD, GBP, EUR
🎮 Demo Account Available
📚 Education Professional education with inner circle webinars
☎ Customer Support 24/5

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 sizes of traders from the beginning to professionals, there is an interesting opportunity for high-volume traders through the TIO Markets VIP Black account that allows them to save money with 0 commissions.

Is TIO Markets safe or a scam

No, TIO Markets is not a scam but operates under regulation from the Financial Conduct Authority UK which is one of the strictest authorities regulating trading and investment firms. Therefore, by holding an account with TIO Markets you may be assured of consumer protection at the world’s highest level along with compliance with best practices. You may read more Why trade with FCA regulated Broker by the link.

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

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

Nevertheless, there is an additional entity of TIO Markets registered in offshore SVG, which runs with the purpose to have the global expansion 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.

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.

Account types

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

Fees

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.

Fees TIO Markets Fees FxFlat Fees Pepperstone Fees
Deposit Fee No No No
WIthdrawal fee No No No
Comission basis fee Yes No Yes
Fee ranking Low Average Low

TIO Markets spread

The total cost will be at Standard account raw spread, which you may see snapped example below, and will add on a $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 subscription worth $49,95. While the VIP account offers a lower commission of only $2 per lot by a monthly charge of $24.95.

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 BDSwiss.

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.

TIO Markets minimum deposit

TIO Markets minimum deposit is $50, great for beginners since you 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 accounts that feature monthly subscriptions require available amounts which is $1,000 or $500 accordingly mainly due to the coverage of margins and monthly fee.

TIO Markets minimum deposit vs other brokers

TIO Markets Most Other Brokers
Minimum Deposit $250 $500

TIO Markets withdrawal

TIO Markets covers all payment fees so there is 0 charge on deposits or withdrawals. Withdrawal options are different, from bank Wire to e-wallets, we recommend verifying in case any fees are waived with the provider itself.

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 the most used choice between the traders and its not a surprise, its truly hard to find the same advanced features all combined in one.

MetaTrader4 offers multi-asset trading flexibility and an advanced charting package with over 30+ technical indicators accompanied by 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, a great combination between sophistication and yet customer-friendly option.

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

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, the 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 is a big plus.

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