Taurex Company

　　

Taurex Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　Taurex Company, a prominent player in the financial services sector, was founded in 2017. It emerged from the rebranding of Zen Finex, aiming to provide innovative trading solutions and a user-centric trading experience.

　　

Parent Company/Ownership Structure

　　Taurex operates under various entities, primarily Zen Finex Limited and its subsidiaries, which include Zen Finex Global Limited and Stochastic Africa (SL) Ltd. This multi-entity structure allows Taurex to cater to a diverse global clientele.

　　

Headquarters Location

　　The company is headquartered in Eden Island, Seychelles, a strategic location that provides access to various international markets.

　　

Global Business Scope

　　Taurex has established a global presence, serving clients predominantly from Africa, Asia, the Middle East, South America, and the UK. The firm has positioned itself as one of the fastest-growing brokers worldwide, offering a wide range of trading instruments.

　　

Main Regulatory Bodies

　　Taurex is regulated by several authorities, including:

• Financial Conduct Authority (FCA) in the United Kingdom
• Financial Services Authority (FSA) in Seychelles
• Dubai Financial Services Authority (DFSA) in the UAE
• Central Bank of Sierra Leone (CBSL)

　　These regulatory affiliations enhance the company's credibility and ensure compliance with international trading standards.

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2. Company History and Development

　　

Key Milestones

　　Taurex's journey began with its establishment in 2017, followed by the rebranding from Zen Finex to Taurex, which was completed in 2021. This rebranding aimed to reflect a renewed commitment to customer-centric services and advanced trading technology.

　　

Business Expansion Journey

　　Since its inception, Taurex has expanded its offerings significantly. The company has introduced multiple account types, advanced trading platforms, and a variety of financial instruments, catering to both novice and experienced traders.

　　

Customer Base Growth

　　Taurex has experienced rapid growth in its customer base, with a reported increase in clients from diverse regions. The broker's focus on superior client support and local interaction has been instrumental in building a loyal clientele.

　　

Platform Development History

　　Taurex offers trading on popular platforms, including MetaTrader 4 and MetaTrader 5, which have been continuously updated to meet the evolving needs of traders. The introduction of proprietary tools and features, such as copy trading and advanced analytics, further enhances the trading experience.

　　

Important Awards or Recognitions Received

　　While specific awards were not detailed in the available information, Taurex has garnered positive reviews from various trading communities, reflecting its growing reputation in the forex and CFD trading landscape.

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3. Trading Services Offered

　　

Forex Trading Options

　　Taurex provides an extensive selection of forex trading options, offering over 50 currency pairs. This variety allows traders to engage in diverse trading strategies and capitalize on global currency fluctuations.

　　

Stock Trading Options

　　The broker offers a range of stock trading options through Contracts for Difference (CFDs), allowing traders to speculate on the price movements of shares without owning the underlying assets.

　　

CFD Trading Products

　　Taurex specializes in CFD trading, providing access to over 1,500 tradable instruments across various asset classes, including forex, indices, commodities, and cryptocurrencies.

　　

Other Financial Instruments

　　In addition to forex and stocks, Taurex offers trading in commodities (such as gold and oil) and a selection of cryptocurrencies, including Bitcoin and Ethereum. This diverse range of instruments enables traders to create well-rounded portfolios.

　　

Special Services or Unique Advantages

　　Taurex distinguishes itself with several unique features, including:

• High leverage options of up to 1:1000
• A user-friendly trading environment with advanced analytical tools
• A comprehensive copy trading service that allows users to replicate the trades of experienced traders
• Multilingual customer support available 24/5

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4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Taurex is regulated by the following bodies:

• FCA (United Kingdom): Provides strong client protection and oversight.
• FSA (Seychelles): Offers a tier-3 regulatory framework.
• DFSA (UAE): Ensures compliance with local financial regulations.
• CBSL (Sierra Leone): Regulates the companys operations in the region.

　　

Legal Entity Structure by Region

　　Taurex operates under multiple legal entities:

• Zen Finex Limited (UK): Regulated by FCA
• Zen Finex Global Limited (Seychelles): Regulated by FSA
• Stochastic Africa (SL) Ltd (Sierra Leone): Regulated by CBSL
• Zen Finex Global LLC (St. Vincent): Unregulated

　　

Client Fund Protection Measures

　　Client funds are protected through segregation in separate accounts, ensuring that they are not mixed with the company's operational funds. However, it is important to note that not all entities provide the same level of protection, particularly those regulated offshore.

　　

Countries/Regions Served

　　Taurex serves clients globally, though it does not accept clients from certain regions due to regulatory restrictions, including the United States, Canada, Japan, and Iran.

　　

Compliance History

　　Taurex has maintained a compliance-oriented approach, adhering to the regulations set forth by the governing bodies. However, the lack of negative balance protection from some of its offshore entities has been noted as a potential risk factor for traders.

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5. Competitive Landscape

　　

3-5 Main Competitors

　　Taurex competes with several notable brokers in the industry, including:

• IC Markets
• Pepperstone
• Exness
• OANDA

　　

Positioning in the Industry

　　Taurex positions itself as a flexible and innovative broker catering to a diverse range of traders, from beginners to experienced professionals. The broker's commitment to customer support and advanced trading technology helps it stand out in a competitive market.

　　

Market Differentiation Factors

　　Key differentiators for Taurex include:

• A wide range of trading instruments across multiple asset classes
• High leverage options that appeal to active traders
• Comprehensive educational resources and research tools
• A robust copy trading feature that fosters a community of traders

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　　In conclusion, Taurex Company has established itself as a significant player in the online trading landscape since its founding in 2017. With a diverse range of trading services, strong regulatory backing, and a commitment to customer satisfaction, Taurex continues to attract traders from around the globe. As the company evolves, it remains focused on providing innovative trading solutions and a user-friendly experience, ensuring that it meets the needs of its growing clientele.

　　For more information about Taurex and its offerings, learn more here.