Search

For more information about Tamam Brokerage Services Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Influence E

License

No license

Tamam Brokerage Services Company

  

Tamam Brokerage Services Company

  

1. Company Overview

  

Founding Date and Background

  Tamam Brokerage Services Company, commonly known as TBS, was founded in 2022. It emerged as a financial technology (fintech) company aiming to provide comprehensive brokerage services tailored to the needs of traders in Africa and beyond. The company is committed to facilitating access to the financial markets through innovative solutions and exceptional customer support.

  

Parent Company/Ownership Structure

  Tamam Brokerage Services LLC operates as an independent entity. While the company does not have a publicly listed parent company, it is registered in Saint Vincent and the Grenadines, which is a common jurisdiction for many forex brokers due to its favorable regulatory environment for financial services.

  

Headquarters Location

  The headquarters of Tamam Brokerage Services is located at George Courts, Level 2, Nile Avenue, Hannington Road, Kampala, Uganda. This strategic location allows the company to cater to a diverse clientele across the African continent.

  

Global Business Scope

  Tamam Brokerage Services operates on a global scale, offering trading services to clients in various regions, including Africa, Europe, and parts of Asia. The company provides a wide array of trading instruments, including forex, stocks, CFDs, and more, making it a versatile option for traders.

  

Main Regulatory Bodies

  Tamam Brokerage Services is registered with the regulatory authorities in Saint Vincent and the Grenadines. However, it operates without any significant regulatory oversight from major financial authorities, which raises concerns about client protection and compliance measures.

  Back to top

  

2. Company History and Development

  

Key Milestones

  Since its inception in 2022, Tamam Brokerage Services has achieved several key milestones, including the launch of its trading platform and the introduction of various account types catering to different trader profiles. The company has also developed partnerships with liquidity providers to enhance its trading conditions.

  

Business Expansion Journey

  Tamam Brokerage Services has focused on expanding its offerings by introducing multiple trading accounts, including Standard, Pro, and Cent accounts. The company aims to attract a diverse clientele by catering to both novice and experienced traders.

  

Customer Base Growth

  The company has experienced steady growth in its customer base, driven by its competitive offerings, low minimum deposit requirements, and a user-friendly trading platform. As it continues to enhance its services, Tamam Brokerage Services aims to solidify its position as a leading forex broker in Africa.

  

Platform Development History

  Tamam Brokerage Services utilizes the MetaTrader 5 (MT5) platform, which is known for its advanced trading features and user-friendly interface. The platform is accessible via desktop, mobile, and web, allowing traders to execute trades seamlessly across various devices.

  

Important Awards or Recognitions Received

  While Tamam Brokerage Services is relatively new and has not yet received significant industry awards, its commitment to customer service and competitive trading conditions has garnered positive feedback from users.

  Back to top

  

3. Trading Services Offered

  

Forex Trading Options

  Tamam Brokerage Services offers a wide range of forex trading options, including over 350 currency pairs. This extensive selection allows traders to diversify their portfolios and engage in various trading strategies.

  

Stock Trading Options

  The company provides access to stock trading, allowing clients to trade shares from a variety of global companies. This feature enables traders to capitalize on price movements in different sectors and industries.

  

CFD Trading Products

  Tamam Brokerage Services specializes in Contracts for Difference (CFDs), enabling traders to speculate on price movements without owning the underlying asset. This flexibility allows clients to profit from both rising and falling markets.

  

Other Financial Instruments

  In addition to forex and stock trading, Tamam Brokerage Services offers a range of other financial instruments, including commodities (like oil and gold) and cryptocurrencies. This diverse product offering caters to different trading preferences and risk appetites.

  

Special Services or Unique Advantages

  Tamam Brokerage Services distinguishes itself by offering low minimum deposits (starting at $10), high leverage options (up to 1:1000), and competitive spreads (as low as 0 pips). Additionally, the company provides a funded account program that allows traders to access capital without undergoing challenges or evaluations.

  Back to top

  

  

Detailed Regulatory Information

  Tamam Brokerage Services is registered in Saint Vincent and the Grenadines, but it operates without significant regulatory oversight from major financial authorities. This lack of regulation raises concerns about the safety of client funds and the overall integrity of the brokerage.

  

  The company is structured as a limited liability company (LLC) under the laws of Saint Vincent and the Grenadines. Its operations are primarily focused in Africa, with a significant presence in Uganda.

  

Client Fund Protection Measures

  Due to its unregulated status, Tamam Brokerage Services does not have robust client fund protection measures in place. Clients should be aware of the risks associated with trading with an unregulated broker.

  

Countries/Regions Served

  Tamam Brokerage Services serves clients in various countries, primarily in Africa, but it also caters to traders from Europe and Asia. The company's online platform allows for easy access to its services across borders.

  

Compliance History

  As a relatively new broker, Tamam Brokerage Services has not faced significant compliance issues. However, the lack of regulation means that there is no external authority monitoring its activities, which can pose risks for traders.

  Back to top

  

5. Competitive Landscape

  

3-5 Main Competitors

  Tamam Brokerage Services faces competition from several established forex brokers, including:

  • Exness - Known for its low spreads and high leverage options.
  • IC Markets - Offers a wide range of trading instruments and competitive pricing.
  • FXTM (ForexTime) - Provides various account types and extensive educational resources.
  •   

    Positioning in the Industry

      Tamam Brokerage Services positions itself as a leading forex broker in Africa, focusing on providing competitive trading conditions and exceptional customer support. Its low minimum deposit requirement and high leverage options are significant selling points for attracting new traders.

      

    Market Differentiation Factors

      The company's unique advantages include its funded account program, which allows traders to access capital without challenges or evaluations, and its commitment to providing a user-friendly trading experience through the MT5 platform. Additionally, the focus on African traders provides Tamam Brokerage Services with insights into local market dynamics.

      Back to top

      In conclusion, while Tamam Brokerage Services offers a range of attractive trading options and competitive conditions, potential clients should carefully consider the risks associated with trading through an unregulated broker. As the company continues to grow and develop its offerings, it remains essential for traders to conduct thorough research and due diligence before engaging with any brokerage. For more information, learn more.