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Rating Index

Pros

Wide range of trading options across forex, commodities, stocks, indices, and cryptocurrencies.

Access to advanced trading platforms like MetaTrader 4, with features for customization and technical analysis.

24/5 customer support available through multiple channels, including phone, live chat, and email.

Cons

Lack of regulation raises concerns about the safety of client funds and the legitimacy of trading practices.

High minimum deposit requirement of $500 may deter new traders or those with limited capital.

Negative reviews and warnings from regulatory bodies suggest a history of untrustworthy practices and potential scams.

T-Market broker Accounts

TD Markets Account Types

TD Markets offers several types of trading accounts tailored to different trading styles and experience levels. The account types include:

TDM Pro Account

Minimum Deposit: $1,000
Instruments Available: More than 100
Commissions: Super low fixed commissions at $8 per lot
Spreads: Major FX pairs spreads from 0.1 pips (variable, raw market spread)

TDM Gold Account

Minimum Deposit: $50
Instruments Available: More than 100
Commissions: Zero commission on trades
Spreads: Major FX average spreads at 1.8 pips (variable)

TDM Mini Account

Minimum Deposit: $50
Instruments Available: More than 100
Commissions: $1 per mini lot
Spreads: Major FX average spreads at 1.8 pips (raw)

TDM Islamic Account

Minimum Deposit: $50
Instruments Available: More than 100
Commissions: Zero commission on trades
Spreads: Major FX average spreads at 1.8 pips (variable)

TDM Crypto Account

Minimum Deposit: BTC 0.03
Instruments Available: More than 100
Commissions: $8 per standard lot
Spreads: Major FX average spreads from 0.2 pips (raw spread)

TDM Cent Account

Minimum Deposit: $10
Instruments Available: More than 100
Commissions: $0.1 per cent lot
Spreads: Major FX average spreads from 0.2 pips (raw spread)

TDM Max Account

Minimum Deposit: $5
Instruments Available: More than 100
Commissions: Zero commission on trades
Spreads: Major FX average spreads at 1.8 pips (variable)

TDM Boost Account

Minimum Deposit: $50
Instruments Available: More than 100
Commissions: Zero commission on trades
Spreads: Major FX average spreads at 1.8 pips (variable)

All accounts allow for trading in various instruments, including forex, metals, CFDs, and cryptocurrencies. The maximum leverage is up to 1:500, and the minimum lot size is 0.01 lots for forex.

TD Markets Broker Account Opening Process

Opening a trading account with TD Markets is a straightforward process. Follow these steps:

Visit the TD Markets Website: Navigate to the account registration section.
Select Account Type: Choose the account type that suits your trading needs (e.g., TDM Gold, TDM Pro).
Fill Out the Application: Provide personal information, including your name, email, and contact details.
Submit Identification: You may need to submit identification documents for verification.
Fund Your Account: Make the minimum deposit required for the selected account type (e.g., $50 for TDM Gold).
Set Up Trading Preferences: Choose your trading settings and preferences.
Start Trading: Once your account is activated, you can begin trading on the platform.