✔️ Information reviewed and updated in December 2023 by Eduardo López
Opinions and information about the TIOmarkets broker
¿It is the broker TIOmarkets (also known as tiomarkets.com) really reliable? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The TIOmarkets broker is a broker of: Forex, Cryptocurrencies and CFDs.
The broker mentions to be part of: TIO Markets Ltd.
TIOmarkets is based in: Saint Vincent and the Grenadines.
If we talk about regulation, the TIOmarkets website does not mention absolutely anything about being regulated, TIOmarkets is an unregulated broker.
We will continue to analyze the different account types that TIOmarkets offers. In the case of TIOmarkets, we note that it has 4 different plans or types of account: the Standard Account, the Signature Account, the VIP Account and the VIP Black Account.
Standard Account: more than 120 instruments, leverage up to 1: 200 (or 1: 500 on request), minimum trading volume 0.01 lots, fast withdrawals, customer support, negative balance protection, $ 6 commission per lot.
Account Signature: more than 120 instruments, leverage up to 1: 200 (or 1: 500 on request), minimum trading volume 0.01 lots, fast withdrawals, customer support, negative balance protection, $ 4 commission per lot.
VIP account: more than 120 instruments, leverage up to 1: 200 (or 1: 500 on request), direct spreads, minimum trading volume 0.01 lots, fast withdrawals, customer support, basic training, priority level support, negative balance protection, $ 2 commission per lot.
VIP Black account: more than 120 instruments, leverage up to 1: 200 (or 1: 500 on request), direct spreads, minimum trading volume 0.01 lots, fast withdrawals, customer support, basic training, advanced training, platinum level support, balance protection negative, $ 0 commission per lot.
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The platforms used to trade are: the MT4 and MT5 platforms.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: some explanations of the products that TIOmarkets offers, explanation of basic concepts of the investment world, some live charts, economic calendar , financial event news, pip calculator, really not much else.
Additional information about the company
Phone number: does not have.
Clarification: The investment company TIOmarkets works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is an unregulated broker, it is based in a country that is very unsafe to invest (Saint Vincent and the Grenadines), when looking for information and other evaluations about TIOmarkets we found a lot of negative reviews.
❗ September 2020 update: CONSOB, Italian financial regulator, has denounced TIOmarkets for fraudulent activities.
❗ January 2021 update: CNMV, financial regulator of Spain, has denounced TIOmarkets for fraudulent activities.
❗ June 2022 Update: BCSC, British Columbia Financial Regulator, has reported TIOmarkets due to fraudulent activities.
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