Education & Research
Tools and Features
TIOmarkets is a regulated CFD and forex broker designed for active traders. This broker includes the ability to use either the MT4 or MT5 trading platforms and features three types of retail investor accounts suitable for a variety of trading strategies. TIOmarkets also provides educational resources and a research section which includes trading videos, articles, live webinars, and more. Learn more about this CFD and forex broker by reading our complete TIOmarkets review.
- TIOmarkets LTD is regulated by the Financial Conduct Authority in the United Kingdom
- Negative balance protection
- MT4 and MT5 available
- Low minimum deposit and tight spreads
- TIOsignals mobile app available
- No deposit or withdrawal fee (for more than $50 via bank wire or credit card)
- Reliable trading environment
- Several account types available, including managed accounts
- Rich educational and research section (including investment advice)
- No proprietary trading platform available
- No real stocks available for trading
Financial markets have evolved considerably in the last few years, providing a quick way of supplementing your income by trading complex instruments from the comfort of your home. Many brokers offer unique services to their clients and provide access to best-in-class trading platforms for highly competitive prices.
In this TIOmarkets review, we will go through its offering, price structure, and some of its main advantages and disadvantages you should be aware of. Let’s see if TIOmarkets LTD is the broker that suits your needs.
About TIOmarkets UK Limited
TIOmarkets is a company registered in the United Kingdom. Its good reputation and authorization by the Financial Conduct Authority (FCA) provide enhanced credibility and a dependable trading environment, as the FCA is one of the main regulatory watchdogs in the world.
TIOmarkets UK Limited is a CFD and forex broker. This means that you cannot trade real assets (like stocks). CFDs are trading instruments that may lead to losing money rapidly unless you practice good risk management.
TIOmarkets provides multiple competitive features to its clients. Some of the main highlights of its offering are outlined below, including trading platforms available to access the trading markets, types of accounts available, and some of the unique features that make it stand out from the competition.
Trading conditions on various platforms are extremely important when deciding what broker to use. For trading CFDs or forex, the inability to use the most popular forex trading platform in the world, MetaTrader4, can be a deal-breaker. TIOmarkets, as a leading forex and CFD broker, provides you with the opportunity to use either MT4 or MT5, the latter having a wider choice of market instruments available.
To choose which trading platform you want to use, you need to create a live account in the client portal. Then, you can link your new account to one of the trading platforms discussed below.
MetaTrader4 is a multi-asset trading platform that suits all types of active traders, ranging from beginners who can open a demo account to polish their skills, to advanced traders that use automated trading techniques.
If you are unfamiliar with MetaTrader platforms, some of their main features are:
- Up to 4 order execution types (MT4) or 6 order execution types (MT5)
- Thirty technical indicators available on MT4 and 38 on MT5
- Up to 31 graphical objects on MT4 or 44 on MT5
- Nine time frames on MT4 and 21 on MT5
- Economic calendar (MT5 only)
- Trading history and other tools and features for portfolio management
MetaTrader platforms are available on Windows, Android, iOS, and directly in your browser (Web Trader), but these must be downloaded from the client portal after you sign up with the broker. Apart from CFDs on multiple asset classes and forex, this broker doesn’t allow other financial instruments (i.e., futures trading or options). There are several CFDs on global stocks, but the spreads are quite high on the standard accounts. If your budget is at least $1,000, you can easily access the competitive spreads on the other accounts.
Similar to other CFD and forex brokers like FP Markets and EagleFX, this brokerage firm does not provide a proprietary trading platform. However, what makes it stand out from its competition is the mobile phone app – TIOsignals. This mobile app gives you sell and buy suggestions on the go and sends you notifications whenever there is a profit opportunity.
However, mobile trading in TIOsignals is not possible. You need to download the appropriate MetaTrader app if you want mobile trading.
TIOmarkets Account Types
TIOmarkets has three main types of retail investor accounts, depending on your budget and objectives: standard, VIP Black, and VIP accounts, with the latter two providing lower-cost trading conditions. The broker doesn’t provide any account for institutional traders or investment firms.
The standard account is suitable for all trading strategies and budgets and comes with standard spreads and limited access to TIOsignals. There is a $5 commission per lot charged on this account.
The next type of account is suitable if you are seeking tight spreads and a lower commission. The VIP account is suitable for more advanced traders on a higher budget. The broker boasts VIP spreads, a $2-commission per lot, and technical analysis from Trading Central.
Finally, experienced traders may want to opt for the VIP Black account with zero commissions and raw spreads. Both VIP and VIP Black accounts provide free access to the TIOsignals app.
All account types allow for up to 1:500 maximum leverage (on request for VIP and VIP Black). Some other features common to all account types include:
- The support team is available 24/5
- Free deposits and withdrawals
- Compatible with MT4 and MT5 trading platforms
- Ultra-fast execution and tight spreads thanks to its many liquidity providers
- Excellent trading conditions and more than 300 instruments available (forex, stocks, indices, and commodities)
Apart from this, clients can opt for Islamic accounts, but instead of the interest, the broker may charge storage fees instead.
For beginners, there’s a demo account available that comes with $50,000 in virtual funds, while people who do not have sufficient knowledge or time to trade actively can opt for a PAMM account. This is not an account for those who seek independent professional advice, but rather an option if you want your trading account to be handled by a professional account manager.
For Islamic or PAMM accounts, clients must contact TIOmarkets and request one of the two options.
Education & Research
Perhaps one of the most important benefits provided by TIOmarkets is the education and market research section, which helps you make informed trading decisions.
There are many resources available:
- Traders’ sentiment shows the how the market behaves
- Trading videos library that includes market analysis, strategies, and guides, among others (including guides on technical analysis)
- Economic calendar that includes global events and data
- Trading articles
- Market analysis and trading ideas (via Trading Central)
- Live webinars that you can join
Overall, the main difference between TIOmarkets’ accounts is the cost structure, which would benefit active traders. The cost is slightly more competitive than many other brokers, such as FP Markets which charges up to $6 per lot in commissions (raw accounts), while TIOmarkets only charges $5 for the standard account.
Other than mentioning that the VIP Black account comes with raw spreads, TIOmarkets does not have a transparent cost list for each of its accounts. Instead, there is a dedicated section that details the spreads for each asset. For instance, the current spreads for major currency pairs include:
- EURUSD – 0.9 pips
- USDJPY – 0.6 pips
- GBPUSD – 0.9 pips
- USDCHF – 1.1 pips
Deposits are free of charge as long as you deposit at least 50 units of the base currency. Similarly, if you withdraw at least 50 units of your base currency, there are no charges on withdrawals via bank wire or credit card. If your transaction is in crypto, there is a variable cost depending on your chosen digital currency (i.e., 0.01 for ETH or 0.0006 for BTC). It’s worthwhile to keep in mind that VIP and VIP Black are available only if you deposit at least $1,000 or $3,000, respectively, so this only suit trades with higher capital.
In addition to this, you need to consider the rollover fees, or the fees charged for keeping overnight positions. These depend on whether the instrument is bought or sold and on the current interest rates, so they are variable.
Finally, TIOmarkets used to require members to subscribe and pay a monthly fee to have a VIP or VIP black account. However, the brokerage has removed this subscription fee, so now you only need to meet the minimum deposit requirement to benefit from raw spreads and lower or no commissions.
With 24/5 customer support, TIOmarkets UK LTD clients rest assured that they have access to a professional support team any time during trading hours. They also accommodate many different channels, including email, a contact form, live chat, and a callback. Not many brokers provide phone support, so this is a great feature if you prefer to talk to someone over the phone rather than type your questions or issues.
If your problem is not urgent, or it’s related to basic features, you could benefit from checking the extensive FAQ section. This covers the most common aspects of your CFD and forex trading account, such as accounts, validating your account, how to fund or withdraw money, introduction to MT4 and MT5, and many more.
Who Is TIOmarkets Best For?
Based on our TIOmarkets review, it accommodates active traders who prefer trading assets in high volumes – especially since you can do so for zero commissions and raw spreads. Nonetheless, they also meet beginners’ needs – not only in terms of having a low minimum deposit, but also thanks to the very expansive education and research section. In addition to this, the TIOsignals mobile app is one-of-a-kind among other brokers, and it may be a solid advantage if you want to find trading opportunities much easier.
How Does TIOmarkets Compare?
If you are looking for a trustworthy, regulated broker with a great variety of tools and research opportunities, TIOmarkets may be exactly what you need. However, if you want to trade real stocks, you may want to check Robinhood or eToro instead. Nonetheless, regarding education and research, TIOMarkets is surely superior to such alternatives.
If you are not looking for an MT4 forex broker, unfortunately, TIOmarkets may not be the right choice since it doesn’t have a proprietary platform. In this case, you should check out an alternative, such as Libertex, but this one has fewer instruments (about 250). FP Markets is perhaps one of the most flexible brokers in terms of accounts and trading accounts and also has a compelling offer with low spreads and zero commissions.
FAQ: TIOmarkets Review
Is TIOmarkets safe?
TIOmarkets is a regulated broker, which means that it provides several safety measures to all of its clients. For instance, in case the market goes against you, you cannot lose more than you have in your online trading account thanks to the negative balance protection. Also, TIOmarkets uses Anti-Money-Laundering policies like KYC (Know Your Customer) to ensure a fair and safe trading environment.
Is TIOmarkets’ trading platform recommended for beginners or experts?
TIOmarkets suits the needs of both beginners and expert traders. If you are a beginner, opening a demo account with $50,000 in virtual money and checking the thorough educational section will help you gain invaluable knowledge. As an expert, the multiple features and tools available on MT4 or MT5 will help you achieve your objectives.
Is TIOmarkets allowed in all countries?
TIOmarkets is not available in all countries. As it is a CFD broker, you need to make sure your country allows CFD trading. Examples of countries where CFDs are not allowed include the U.S. and Belgium.
What base currencies are available on TIOmarkets?
TIOmarkets supports multiple base currencies, including AUD, CAD, EUR, GBP, and USD. Apart from these, you also have a choice of four cryptocurrencies, including BTC and ETH, but these are only compatible with MetaTrader 5.
Final Verdict: TIOmarkets
Everything considered, TIOmarkets has a compelling offer, especially for beginners looking for a broker with a solid educational section, or high-volume traders searching for low costs. The broker complies with the FCA regulations, which provides peace of mind knowing that you will be part of a regulated, safe environment and you are protected in case of insolvency or negative balance.