TempleFX Review (2023)
What is TempleFX?
From its headquarters in London, TempleFX has created a secure trading network consisting of high-end trading technology and excellent client service that enable TempleFX to be a secure, transparent and a reliable broker. TempleFX is a fully licensed broker with unparalleled trading conditions designed to meet expectations of the different level traders as well as institutional clients.
The provided range of tradable markets includes offering to manage either single or multiple accounts simultaneously while all trading styles and EAs are available to use with no limitations.
The STP environment performs rapid execution of orders throughout its platform with the quotes received from Top-Tier Banks to trade over 60 FX pairs, Spot Metals and Commodities CFDs, Major Indices, Algos, trading strategies, Futures and the Spread Betting. The customer support is available around the clock while the customer gets an assistance at his any trading needs.
Is TempleFx safe or a scam
Read full TempleFX Review and updates on beneath. TempleFX is a trading name of the TS Capital Limited, which is authorized and regulated by the Financial Conduct Authority in the UK. The respected regulation is one of the strictest global authorities that require uncompromised follow of the operational standards and delivery of the utmost level of the client’s protection.
If you are an eligible claimant under the rules of the FCA you may be entitled to compensation from the Financial Services Compensation Scheme if we cannot meet our obligations. Your entitlement to be paid any amount by the Financial Services Compensation Scheme depends on the rules of the scheme. In addition, the maximum compensation from this scheme is £50,000.00.
Trading Platforms
As the majority of the technology-based brokers, the TempleFX mainstays at the MetaTrader4 system, which delivers powerful trading capabilities along with its introduced liquidity provider the MEX Group. The platform enhanced a user-friendly trading interface with fast execution and inter-bank liquidity.
The platform is a multi-asset feature, which can be accessed via the PC or by the mobile application and is perfectly equipped to allow traders invest within the financial markets with a full range of necessary and unique tools to perform smarter trading. The automatic trading is another included feature, while there is no limitation on EAs, while the trading terminal is also renowned as a most used one.
In order to take the emotion out of the trades and allow the TempleFX Algorithm trade without emotion and above all stress-free with taken control over the build Algo, it will allow investment portfolio for the trader even with limited trading experience.
TempleFX Algo trades a basket of currencies that are monitored along with our built-in Currency Strength Analyser, 15-25 EA’s (expert advisors) all working in perfect correlation to form TempleFX’s most innovative trading tool.
Moreover, at only one platform the multiple benefits are available to the Money Managers with MAM offering, while sub-accounts must submit a Power of Attorney authorizing the master account to rade on their behalf. The sub-accounts have a minimum balance maintenance, which is 1,000$ at the time of authorization while further, the manager can take the full control over all executed trades.
Account Types
The account offers based on the trader’s needs and delivers three options to choose from. All accounts feature leverage up to 1:500, with a minimum trade size of 0.01, personal account management and constant support and availability to open either Demo account or Swap-free one for those who follow Islamic belief.
– Basic Account requires only 50$ to start while all ranges of trading products is available and all trading styles are permitted. The trading costs included in the tight spread e.g. EUR/USD from 2.2 pips.
– Advanced Account brings better trading costs to the traders with bigger expertise, since the trading minimum balance is 500$ and the spread for EURUSD will start from 1.6 pips.
– ECN Account is a professional choice to the clients who are in need of the raw spreads due to their strategy, as well is a perfect feature for the Algo trading. The minimum account maintenance is 5,000$ while spreads are starting from 0 pips with interbank quotes and the commission has to be paid per lot – 7$.
However, the Algorithm trading is advised to perform via the Advanced account type which facilitates transaction decision making in the financial markets using advanced tools and specified offering from the company.
Payment Methods:
TempleFX accepts the following currencies: USD, EUR and GBP. The trader can fund the TempleFX trading account via Credit or Debit Card, and the Bank transfer. The broker accepts the following Credit or Debit Cards: Visa, MasterCard, Diners Club, American Express, Maestro and JCB.
The client can withdraw the funds at any time alternatively can withdraw the profits only whilst retaining your initial deposit intact.
Conclusion
Overall, TempleFX Review is about the UK based company, which delivers an STP execution and technology-based trading environment being strictly regulated by the respected FCA. For that reason, the traders can invest with the clear mind of the company compliance to all necessary rules and guidelines along with the protection of the funds and the client himself.
The range of account types also allows the investor of any size and strategy to join in, while the broker also offers a specified feature to the traders using Algorithmic, mathematical trading and the Algos. Furthermore, the company will support the client at his every step of trading and will bring all required information. In conclusion, the TempleFX is a good choice to either start trading with or to develop the experience even more.
Updates on TempleFX
There is no clear evidence on whether TempleFX provides and continues its operation or not, the official website remains inaccessible. Check carefully before any suggestion or opportunity available through the TempleFX name in order to stay safe.