Tattvam Markets, officially known as Tattvam Capital Markets Ltd, was established in 2021. The broker is headquartered in Mauritius, with its main office located at Office No. 5103, 51st Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE. Tattvam Markets operates as a private company and primarily serves retail forex traders, offering access to a diverse range of financial instruments.
Since its inception, Tattvam Markets has focused on expanding its service offerings and establishing a presence in the trading community. The broker's significant milestones include the establishment of its Dubai entity, which enhances its operational capabilities and market reach. Tattvam Markets operates under the business model of providing retail forex trading services, enabling clients to trade various financial instruments, including currency pairs, commodities, and CFDs.
The company has positioned itself as a competitive player in the forex market, aiming to attract traders from various regions, including the United Arab Emirates, Indonesia, Malaysia, South Africa, and India. As a relatively new entrant in the industry, Tattvam Markets strives to differentiate itself through its trading platform offerings and customer service.
Tattvam Markets claims to operate under the regulatory oversight of the Financial Services Commission (FSC) of Mauritius and the Securities and Commodities Authority (SCA) of the UAE. The regulatory registration number for Tattvam Capital Markets Ltd is 183299 under the FSC. However, it is essential to note that while Tattvam Markets is registered, it is not subject to strict regulatory oversight, raising concerns about the safety of client funds.
The broker's regulatory licenses are limited in scope, and clients should be aware that Mauritius is considered an offshore jurisdiction with minimal regulatory requirements. Consequently, Tattvam Markets does not participate in any investor compensation schemes, which could protect clients in the event of insolvency.
Tattvam Markets adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, requiring clients to provide personal identification and financial information during the account opening process. This is a standard practice aimed at preventing fraudulent activities and ensuring the integrity of the financial market.
Tattvam Markets offers a wide range of trading products, primarily focusing on forex and CFDs. The broker provides access to over 40 currency pairs, including major, minor, and exotic pairs, catering to the diverse trading preferences of its clients. Additionally, Tattvam Markets offers various CFDs, covering asset classes such as indices, commodities, and cryptocurrencies.
The available trading instruments include:
Tattvam Markets continuously updates its product offerings to meet market demand, although specific information regarding the frequency of new product introductions is not publicly available. The broker primarily focuses on retail trading services, catering to individual traders rather than institutional clients.
Tattvam Markets supports the MetaTrader 5 (MT5) trading platform, a widely recognized platform in the forex trading community. MT5 offers advanced trading capabilities, including algorithmic trading, comprehensive charting tools, and a user-friendly interface. The platform is accessible on multiple devices, including desktop, web, and mobile applications for both iOS and Android users.
The broker does not currently offer a proprietary trading platform or any other third-party platforms like cTrader. Tattvam Markets operates under an ECN execution model, providing direct market access to liquidity providers, which enhances trade execution speed and transparency.
Regarding technical infrastructure, Tattvam Markets utilizes secure servers to ensure reliable trading operations. The broker also offers API access for automated trading, allowing traders to implement their strategies effectively. However, specific details about server locations and additional technical features are not provided.
Tattvam Markets offers several account types, including:
The broker provides a demo account option, allowing traders to practice their strategies without financial risk. The leverage available on Tattvam Markets can go up to 1:500, although this high leverage comes with increased risk, particularly for inexperienced traders.
Minimum trade sizes start from 0.01 lots, and overnight fees apply for positions held beyond the trading day. However, specific information regarding these fees and their calculations is not publicly available.
Tattvam Markets supports various deposit methods, including:
The minimum deposit requirement varies by account type, with the standard account requiring at least $1,000. Deposits via e-wallets typically process within 2 minutes, while bank wire transfers may take 1-4 business days.
Withdrawal methods mirror the deposit options, with processing times for e-wallet withdrawals typically around 1 hour. However, bank wire withdrawals may incur a fee of approximately $45, and clients should be aware of potential withdrawal limits.
Overall, Tattvam Markets aims to provide a seamless funding experience, although specific details on fees and processing times should be confirmed with the broker directly.
Tattvam Markets offers multiple customer support channels, including:
The broker operates during standard business hours, catering to clients across different time zones. Tattvam Markets supports multiple languages, although specific language offerings are not detailed.
In terms of educational resources, Tattvam Markets provides various materials to help traders enhance their skills, including:
These resources are designed to empower clients with knowledge and insights, ultimately improving their trading decisions.
Tattvam Markets primarily serves clients in regions such as:
The broker has established a physical presence in Dubai, enhancing its accessibility to clients in the Middle East. However, Tattvam Markets does not accept clients from various countries, including the United States, Israel, and Russia, due to regulatory restrictions.
Specific limitations on services may apply based on local regulations, and potential clients should verify their eligibility to trade with Tattvam Markets before proceeding.
In summary, Tattvam Markets presents itself as a forex broker with various trading options and competitive conditions. However, potential clients should carefully consider the regulatory environment and the associated risks before opening an account.
SREENU5644
United Arab Emirates
Tattvam Financial Advisors LLC is authorized and regulated by the Securities and Commodities Authority (SCA) of the United Arab Emirates with authorization to act as a Promoter and Introducer of Financial Products and Foreign Securities (License Number 20200000185).
37130
2024-05-27
FX1449580808
New Zealand
Stay away from Tattvam Markets, folks. I don't think their trading platform shows real-time prices at all, and I have a hunch they're playing around with the numbers. When I tried to call them out on it, they just ignored me. I need to be able to trust my broker, and these guys are definitely not earning my trust. They're on my "do not trade with" list now, and I suggest you do the same
37130
2023-03-28
FX2201104593
United Arab Emirates
Regulated by Securities and Commodities Authority (SCA) Tattvam Financial Advisors LLC is authorized and regulated by the Securities and Commodities Authority (SCA) of the United Arab Emirates with authorization to act as a Promoter and Introducer of Financial Products and Foreign Securities (License Number 20200000185). Regulated by Mauritius Financial Services Commission (FSC) Tattvam Capital Markets Ltd is authorized and regulated by the Financial Services Commission having Investment Dealer License with 183299GBC having registered office: The Cyberati Lounge, Ground Floor, The Catalyst Silicon Avenue, 40 Cybercity, 72201, Ebene, Republic of Mauritius. Business Address : Office 5103, 51st Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE
Positive
2024-06-27