Tag Forex Broker

TagReview Summary Founded2024 Registered Country/RegionSaint Lucia RegulationNo regulation Market InstrumentsForex, Crypto, Metals, Commodities, Indices, Stocks Demo Account✅ LeverageUp to 1:500 SpreadFrom 0.1 pips Trading PlatformMetaTrader5, cTrader, DX Trade Min Deposit$50 Customer Support24/7 multilingual online chat Contact form +91 86677 93224 help@tagmarkets.comTag Information Tag Markets LTD is a trading company registered in Saint Lucia in 2024. Despite the fact that the company is newly established, it boasts one of the fastest growing brokers.Pros and Cons Pros Cons Various trading instrumentsLack of regulation Demo accountsLack experience Zero commisions for the Zero Prime account and the Islamic account MT5 supported Low minimum deposit 24/7 live chat supportIs Tag Legit? Tag Markets LTD is not regulated by the financial services regulatory authority in Saint Lucia, which means that the company lacks regulation from its registration site. Moreover, the current status shows that transfer is prohibited.What Can I Trade on Tag? Tag claims to offer 6 types of trading products, including forex, crypto, metals, commodities, indices, and stocks. Tradable Instruments Supported Forex✔ Commodities✔ Indices✔ Cryptocurrencies✔ Metals✔ Stocks✔ ETFs❌ Bonds❌ Mutual Funds❌Account Type Tag provides 4 types of accounts: Professional account, Zero Prime account, Islamic account, and Tag X10 account. Different types of accounts are tailored to various experience levels, and clients can create a free demo account. Besides, it's rather easy to register a Tag account and the process won't cost much time. Account TypeMinimum DepositFeature Professional account$50Raw spreads Zero Prime accountZero commissions Islamic accountSwap free Tag X10 accountLeveraged accountsLeverage The leverage is up to 1:500 for the Professional account, Zero Prime account, and Islamic account, and it is up to 1:33 for the Tag X10 account. Risks obviously exist, and clients need to think before being involved in high-risk investment.Spreads & Commissions Account TypeSpreadsCommissions Professional accountFrom 1.0 Pips$0 Zero Prime accountFrom 0.1 Pips$5 Islamic accountFrom 1.0 Pips$0 Tag X10 accountFrom 1.9 PipsFrom $5Trading Platform Trading PlatformSupported Available Devices Suitable for MetaTrader5✔Desktop, mobile, webWho prefers automated trading DXTrade✔Desktop, mobileWho prefers customized services cTrader✔Desktop, mobile, webAdvanced tradersDeposit and Withdrawal Tag does not reveal too much info on deposits and withdrawals, but from the icons shown on the homepage, we found that it seems to support cryptos, Visa, MasterCard, and Apple Pay.Customer Service Contact Options Details Phone +91 86677 93224 Email help@tagmarkets.com Support Ticket System ✔ Online Chat 24/7 Supported Language English, Spanish Website Language English, Spanish Company Address Tag Markets LTD Ground Floor, The Sotheby Building Rodney Village, Gros-Islet Rodney Bay, Saint Lucia LC01401; Main OfficeNo 9, Ramji Flats, Karikalan 2nd ST, Nanganallur, Jeevan Nagar, Adambakkam, Chennai Tamilnadu, India - 600088The Bottom Line To sum up, Tag is a fast growing trading company in spite of the fact that it was newly founded. It offers various kinds of trading products, and no deposit or withdrawal fees are needed. In view of that, clients can have a try in this platform. However, risks still exist. Since it is not regulated and the leverage is not low, clients should think before investing.FAQs Is Tag safe? Not really. It lacks regulation from authorities, and certain risks may exist. Is Tag good for beginners? Yes, it is designed for both novice and expert traders. Beginners can find a suitable account in this platform. What trading platforms does Tag have? Tag has 3 types of platforms: MetaTrader5, DXTrade, and CTrader. Clients can use them in different devices like desktops, mobile phones, and web pages. Does Tag have regional restriction? Yes, it refrains from offering services to residents of Syria, North Korea, Iran, Iraq, Mauritius, USA, Canada, Sudan, Myanmar, Yemen, Afghanistan, Vanuatu, and EEA countries.