Tallinex Company Overview

Founding Date and Background

Tallinex was founded in 2012 as a forex broker that specializes in electronic communication network (ECN) and straight-through processing (STP) trading. It was designed to provide traders with direct access to the forex market, ensuring transparency and competitive pricing.

Parent Company/Ownership Structure

Tallinex operates under the ownership of Tallinex Ltd., which is registered in Saint Vincent and the Grenadines. The company structure is designed to facilitate trading services without the interference of market makers, thus providing a more transparent trading environment.

Headquarters Location

The company is headquartered in Tallinn, Estonia, which places it within the European Union. This geographic location allows Tallinex to cater to a diverse clientele across various regions, including Europe and beyond.

Global Business Scope

Tallinex provides trading services to clients worldwide, with a focus on the European and Asian markets. The broker offers a range of financial instruments, including forex, CFDs, and commodities, appealing to both retail and institutional traders.

Main Regulatory Bodies

Tallinex is regulated by the Estonian Ministry of Economic Affairs and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. However, it is important to note that its regulatory status has faced scrutiny, and some reviews indicate a lack of robust regulatory oversight.

Back to Top

Company History and Development

Key Milestones

Since its inception in 2012, Tallinex has achieved several key milestones, including the launch of its proprietary trading platforms and the introduction of various account types tailored to different trading needs. The introduction of the PAMM (Percentage Allocation Management Module) accounts allowed for managed trading services.

Business Expansion Journey

Tallinex has expanded its service offerings over the years, adapting to the evolving needs of traders. The broker has introduced multiple trading platforms, including the widely-used MetaTrader 4 (MT4), which supports various operating systems, including Windows, Mac, and Linux.

Customer Base Growth

The company has steadily grown its customer base, catering to both novice and experienced traders. The availability of a demo account has helped attract new clients, allowing them to familiarize themselves with the trading environment before committing real funds.

Platform Development History

Tallinex initially started with basic trading functionalities but has since enhanced its platform capabilities. The introduction of mobile trading applications for both iOS and Android has made it easier for clients to trade on the go, further expanding the broker's reach.

Important Awards or Recognitions Received

While specific awards have not been highlighted in the available resources, Tallinex has been recognized for its innovative trading solutions and customer service, which have contributed to its reputation in the forex trading community.

Back to Top

Trading Services Offered

Forex Trading Options

Tallinex offers a comprehensive selection of forex trading options, providing access to 42 currency pairs. This includes major pairs such as EUR/USD, USD/JPY, and GBP/USD, allowing traders to diversify their portfolios.

Stock Trading Options

Currently, Tallinex does not explicitly mention offering direct stock trading options. The primary focus remains on forex and CFD trading, which may limit stock trading enthusiasts.

CFD Trading Products

In addition to forex, Tallinex provides trading in CFDs (Contracts for Difference), which allows traders to speculate on price movements of various assets without owning the underlying asset. This includes commodities and indices, providing further diversification.

Other Financial Instruments

Tallinex also offers trading in commodities, though specific details on available commodities are limited. The broker's focus on forex and CFDs suggests that commodities are likely secondary offerings.

Special Services or Unique Advantages

One of the unique advantages of trading with Tallinex is the provision of PAMM accounts, which allow investors to allocate funds to experienced traders for managed trading. Additionally, the broker offers a free VPS service for clients who trade a minimum number of lots per month, enhancing trading efficiency.

Back to Top

Regulatory and Legal Background

Detailed Regulatory Information

Tallinex operates under the regulation of the Estonian Ministry of Economic Affairs and the FSA of Saint Vincent and the Grenadines. However, the regulatory scrutiny indicates that traders should exercise caution due to the lack of stringent oversight.

Legal Entity Structure by Region

The legal entity structure of Tallinex is primarily based in Saint Vincent and the Grenadines, which is a common jurisdiction for forex brokers due to its lenient regulatory environment. This structure allows for operational flexibility but may raise concerns regarding client protection.

Client Fund Protection Measures

Tallinex claims to segregate client funds from company funds, maintaining them in separate accounts at reputable European banks. This practice is intended to protect client assets in the event of financial difficulties faced by the broker.

Countries/Regions Served

Tallinex serves clients globally, with a strong presence in Europe and Asia. However, specific restrictions may apply based on local regulations in certain countries.

Compliance History

Tallinex has faced scrutiny regarding its regulatory status, with some reviews indicating a lack of valid regulatory information. Traders are encouraged to conduct thorough research before engaging with the broker.

Back to Top

Competitive Landscape

3-5 Main Competitors

Tallinex competes with several other forex brokers in the market, including:

1. IC Markets: Known for its low spreads and strong ECN execution.
2. Pepperstone: Offers competitive pricing and a wide range of trading instruments.
3. FXTM (ForexTime): Provides a diverse range of account types and educational resources.

Positioning in the Industry

Tallinex positions itself as a broker focused on ECN/STP trading, appealing to traders who prioritize direct market access and transparency. However, its regulatory status may affect its competitiveness compared to more heavily regulated brokers.

Market Differentiation Factors

Tallinex differentiates itself through its PAMM account offerings and the provision of a free VPS service for active traders. These features are particularly attractive to traders looking for managed account options and enhanced trading performance.

Back to Top

In conclusion, Tallinex presents a mixed profile as a forex broker. While it offers a range of trading services and features that appeal to various traders, its regulatory status and competitive landscape should be carefully considered by potential clients. For more information on trading with Tallinex, learn more.