Tio Markets

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TioMarkets

Summary

This TioMarkets review gives you all the key facts you need to decide if it’s the right platform for your money. 

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Let me tell you the Story

Tio Markets UK Limited is a Forex and CFD broker regulated by the Financial Conduct Authority (FCA) in the United Kingdom. Traders can access 120+ financial CFD instruments, including currency pairs, metals, energies, stocks and indices, via popular platforms such as MetaTrader 4 and MetaTrader 5 for Web, Windows, MAC and mobile devices.

Clients can choose between three account types – Standard, VIP, and VIP Black. The Standard and VIP accounts are commission-based, whereas the VIP Black account has zero commissions and raw spreads. Demo accounts and Islamic (swap-free) accounts are also available. A number of fee-free funding options are available, including debit/credit cards, bank transfers, Skrill and Neteller.

Furthermore, the broker offers various types of market research, including Trading Signals, Analysis, Webinars, and an Economic Calendar. Video Tutorials, Webinars, and Trading Articles are also available in the education section, but the material is most suitable for beginning traders. Customer support is also available 24/5 by phone, email, and live chat.

Fees

The cost of trading with Tio Markets varies depending on the account type and the market traded. Standard and VIP accounts have commissions, whereas VIP Black accounts have no commissions and raw spreads.

For non-Islamic accounts, overnight funding or ‘swap’ fees are applied to positions that remain open overnight (22:00) GMT. On Wednesdays, a three-day ‘swap’ charge will be assessed if positions are held over the weekend.

A 30 USD inactivity account fee is charged after three months of inactivity.

Deposits & Withdrawals Review

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FAQ

How long will it take for my deposit to show on TioMarkets?

With a debit or credit card, you can make the deposit instantly. A bank transfer takes 2-3 business days.

When will I have access to my money if I withdraw from TioMarkets?

Withdrawal via bank transfer takes around 2 working days.

What is TioMarkets minimum deposit?

Minimum deposit is $50

Can I withdraw any amount?

You can withdrawal any amount. 

Does TioMarkets charge withdrawal fees?

Any amount less then $50 will have a withdrawal fee.

Are there any terms on where I direct any funds I withdraw?

All withdrawal must be in your name.

Accounts Type Review

There are three main kinds of accounts available at Tio Markets – a Standard account, a VIP account, and a VIP black account, as well as a Demo account and an Islamic (swap-free) account.

Assets Review

With Tio Markets, clients can trade on more than 120 CFD instruments, covering Forex, Metals, Energies, Stocks, and Indices. Listed below are some of the markets available:  

EUR/USD, GBP/USD, USD/CAD Visa, Tesla, Apple, Microsoft, Coca Cola, AUS200, DE30, ESP35, S&P 500,UK100, Gold, Silver, Platinum, Natural Gas, WTI, UK Brent Crude

Tio Markets PAMM

TioMarkets has a very popular feature which allows you join successful Money managers 

Regulation

The Financial Conduct Authority (FCA)

Is Tiomarkets a market maker?

The company is a market maker. Dealing Desk, ECN, No dealing desk, STP

Is Tiomarkets trustworthy broker?

Tio Markets UK Limited is regulated by the Financial Conduct Authority (FCA) as a Forex and CFD broker in the United Kingdom. Founded in 2019, still a new company. The funds that are deposited with TioMarkets are placed in a bank account with a tier 1 bank. Your money is not held directly by TioMarkets, but rather by a major bank. The broker cannot access your funds directly.

What is Tiomarkets Headquarters country?

6th Floor, 8 Devonshire Square, London, EC2M 4YD.

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