General Information & Regulation
Tio Markets is a Forex and CFD brokerage firm, founded in 2019 and based in London, UK. Tio Markets UK Limited is registered in the United Kingdom of England and Wales with company registration number 06592025. Tio Markets UK Limited is authorised and regulated by the Financial Conduct Authority with FRN: 488900. Tio Markets provides a range of CFDs and FX instruments across the MetaTrader platforms for retail and institutional traders.
Tio Markets offers investors a wide range of financial instruments, mainly CFDs on Forex currency pairs, stocks, indices, energies, and cryptocurrencies.
Tio Markets offers traders three different trading accounts: Standard ( ideal for traders who trade less than 5 lots per month), VIP Black ( ideal for traders who trade more than 5 lots per month), and VIP (for traders who trade more than 5 lots per month). The minimum deposit for the account is $50, quite reasonable for most regular traders to get started.
Tio Markets, as a UK-based broker, fully complies with the FCA regulation, and the maximum leverage for major Forex currency pairs is capped at 1:30, 1:10 for commodities.
Spreads & Commissions
The minimum spread on the Tio Markets platform is 0.5 pips for EURUSD, 0.8 pips for EURGBP, 0.9 pips for EURJPY, and 0.03 pips for UK and US Crude Oil. The trading commission for standard accounts is 6 USD per lot (bilateral), for VIP accounts is 2 USD per lot (bilateral), and no trading commission is charged for VIP Black Gold accounts.
Tio Markets offers traders the market-leading and widely acclaimed MT4 trading platform as well as its latest version, MT5. MT4 is currently the most popular trading platform with powerful charting tools and a large number of technical indicators, supports automated trading, and is suitable for traders of all levels. MT5 is the latest generation of MT4, with more technical indicators and timeframes, also available for the MQL5 programming language.
Deposit and Withdrawal
Tio Markets supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard, UnionPay P2C, and wire transfer.
The TIO Markets support team are on standby 24/5 via email or live chat to help traders with trading, funding, withdrawals or anything else that they may need help with. Unfortunately, the contact telephone number could not founded on the brokers website which is disappointing as traders may wish to speak with someone directly in the case of an emergency.
TIO Markets accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries. Traders can not use TIO Markets from United States, Belarus, Cote DIvoire, Cuba, Congo, Iran, Iraq, Liberia, Korea, Sudan, Syria, Zimbabwe.