Tattvam Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.tattvammarkets.com/sign-up.php, the company's legitimate regulatory information United Arab EmiratesSCAInvestment Advisory License, to enhance the security of the company's address .
Tattvam Markets Forex Broker
Basic information
Mauritius
2-5 years Regulated in United Arab Emirates Investment Advisory License Suspicious Scope of Business Suspicious Overrun Medium potential riskCompany profile
Tattvam Markets Information
Founded in 2021, Tattvam Markets is a broker registered in Mauritius, offering trading in UAE shares, US shares, forex, commodities, indices with leverage up to 1:200 and forex spread from 0.1 pips on the MT5 trading platform. Demo accounts are not available and the minimum deposit requirement to open a live account is as high as $1,000.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | Exceeded regulation |
| Multiple account types | No demo accounts |
| Flexible leverage ratios | High minimum deposit requirement |
| MT5 platform | Regional restrictions |
| Popular payment options | |
| Live chat support | |
| Various contact channels |
Is Tattvam Markets Legit?
No. Tattvam Markets currently has no valid regulations. It only holds an exceeded SCA license. Please be aware of the risk!
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
| Securities and Commodities Authority (SCA) | Exceeded | Tattvam Financial Advisors LLC | Investment Advisory License | 20200000185 |
What Can I Trade on Tattvam Markets?
| Tradable Instruments | Supported |
| UAE shares | ✔ |
| US shares | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are five account types Tattvam Markets offers. The minimum deposit is $1,000.
| Account Type | Min Deposit |
| UAE shares | $1,000 |
| US shares | |
| Forex | |
| Commodities | |
| Indices |
Leverage
| Account Type | Max Leverage |
| UAE shares | 1:5 |
| US shares | 1:10 |
| Forex | 1:200 |
| Commodities | 1:200 |
| Indices | 1:200 |
It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Tattvam Markets Fees
| Account Type | Spread | Commission |
| UAE shares | From 0 pips | ❌ |
| US shares | From 0 pips | ❌ |
| Forex | From 0.1 pips | / |
| Commodities | / | / |
| Indices | From 0.8 pips | / |
Swap Rates
Each currency pair has its specific swap charge and swap rates provided as per central bank, calculated based on a standard size of 1.0 lots, equivalent to 100,000 base units. On Wednesday nights, swaps for FX, Metals, Bonds, and CFDs on Commodities are subject to a triple rate compared to the usual rate. Similarly, on Friday nights, swaps for Energies, Indices, and also incur a triple rate compared to the standard rate.
Trading Platform
Tattvam Markets provides MetaTrader 5 for traders, which integrates all the essential elements while introducing extra capabilities and an enhanced environment tailored for EA trading. This versatile platform is compatible with PC, Mac, Android, laptop, Web, and Windows, and the website also provides instructions for downloading.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, Mac, Android, laptop, Web, and Windows | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
The broker accepts payments via Bank Transfer, Credit Card, and E-wallet.
Deposit Options
| Deposit Options | Fees | Processing Time |
| Bank Transfer (SBM/MAU BANK） | ❌ | 1-4 business days |
| Credit card(VISA/MASTERCARD) | / | 1-4 business days |
| E-wallet(NACE/NETELLER/SKRILL) | ❌ | 2 minutes |
Withdrawal Options
| Withdrawal Options | Fees | Processing Time |
| Bank Transfer (SBM/MAU BANK） | $45 | 1-3 business days |
| Credit card (VISA/MASTERCARD) | / | 1-3 business days |
| E-wallet(NACE/NETELLER/SKRILL) | ❌ | 1 hour |
Rating Index
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Latest Reviews
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).
Neutral
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
Neutral
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