For more information about TTS Markets Forex Broker company profile, come to WikiBit!
Business
License
TTS Markets Company was founded in 2016, marking its entry into the competitive landscape of online trading. The brokerage was established to provide a diverse range of trading services, primarily focusing on forex and other financial instruments. The company aimed to cater to both novice and experienced traders by offering various account types and trading platforms.
TTS Markets operates under the ownership of TTS Markets Limited, which is a private limited company. The ownership structure is designed to support its operations and ensure compliance with regulatory requirements.
The company has its headquarters located in Belize, a jurisdiction known for its favorable regulatory environment for forex brokers. Additionally, TTS Markets has regional offices in major financial hubs, including London, Hong Kong, and Dubai, allowing it to serve a global clientele effectively.
TTS Markets has a global business scope, providing services to traders from various countries. The company focuses on offering a comprehensive trading experience that includes forex, CFDs, and other financial instruments. Its diverse product offerings and multilingual support enable it to cater to a wide range of clients.
TTS Markets is regulated by the Financial Services Commission (FSC) in the British Virgin Islands (BVI). However, the brokerage has faced scrutiny and has been flagged as a suspicious clone by some regulatory watchdogs, raising concerns about its compliance and operational integrity.
Since its inception, TTS Markets has experienced various milestones, including the launch of its trading platforms and the introduction of multiple account types. Initially, the company received positive feedback and established a reputation for reliability in the trading community.
TTS Markets has expanded its offerings over the years to include a wider range of financial instruments, catering to the evolving needs of traders. The addition of cryptocurrencies and commodities has allowed the company to tap into emerging markets and attract new clients.
The customer base of TTS Markets has grown steadily since its founding, with an increasing number of traders joining the platform. The companys commitment to providing diverse trading options and competitive spreads has contributed to its popularity among traders.
TTS Markets initially offered the MetaTrader 4 (MT4) platform, which is widely recognized for its user-friendly interface and robust trading tools. Over time, the company expanded to include MetaTrader 5 (MT5), enhancing the trading experience with advanced features and capabilities.
While TTS Markets has not received significant industry awards, it has garnered positive reviews from traders for its customer service and trading conditions. However, the companys regulatory challenges have overshadowed these achievements.
TTS Markets offers a wide array of forex trading options, including over 36 currency pairs. This variety allows traders to engage in diverse trading strategies and access major, minor, and exotic currencies.
Currently, TTS Markets does not provide direct stock trading options. Instead, the company focuses primarily on forex and CFD trading, which allows traders to speculate on stock price movements indirectly.
TTS Markets offers a selection of Contracts for Difference (CFDs) across various asset classes, including indices, commodities, and cryptocurrencies. This enables traders to leverage their positions and potentially increase their returns.
In addition to forex and CFDs, TTS Markets provides access to cryptocurrencies such as Bitcoin and Ethereum, as well as commodities like oil and gold. This diverse offering allows traders to diversify their portfolios and hedge against market volatility.
TTS Markets promotes a rebate program that refunds a portion of the trading costs to clients, enhancing overall profitability. Additionally, the brokerage provides a demo account for new traders to practice their strategies without financial risk, further supporting its commitment to client education.
TTS Markets is primarily regulated by the Financial Services Commission (FSC) in the British Virgin Islands. However, the brokerage has faced scrutiny from other regulatory bodies and has been flagged as a suspicious clone by organizations such as WikiFX. This has raised concerns about its operational legitimacy.
The company operates as TTS Markets Limited in Belize, with its legal structure designed to comply with local regulations. The brokerage also maintains a presence in the UK and other jurisdictions, although its regulatory standing varies by region.
TTS Markets claims to employ various measures to protect client funds, such as segregated accounts to ensure that client deposits are kept separate from the company‘s operational funds. However, the effectiveness of these measures has been called into question due to the company’s regulatory challenges.
TTS Markets serves clients globally, with a focus on regions such as Europe, Asia, and the Middle East. However, the company may not accept clients from certain jurisdictions due to regulatory restrictions.
The compliance history of TTS Markets has been marred by numerous complaints from traders regarding withdrawal issues and platform performance. Since 2019, the company has faced increasing scrutiny and has been blacklisted by some regulatory authorities, raising concerns about its operational integrity.
TTS Markets faces competition from several established forex brokers, including:
TTS Markets positions itself as a competitive player in the forex market, focusing on low minimum deposits and a diverse range of trading instruments. However, its regulatory concerns and negative feedback have hindered its reputation compared to more established competitors.
The primary differentiation factors for TTS Markets include its rebate program, the availability of multiple account types, and the use of the advanced MT5 trading platform. However, the effectiveness of these advantages is often overshadowed by the regulatory concerns and operational issues faced by the company.
In conclusion, while TTS Markets offers a range of trading services and has experienced growth since its founding, it faces significant challenges related to regulatory scrutiny and customer complaints. Traders should exercise caution and conduct thorough research before engaging with the company. For more insights into trading with TTS Markets and to explore other options, learn more.