Tezos Markets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.tezosmarkets.ltd/register, about the company's legal and temporary regulatory information, the company's address Bow Bells House, 1 Bread St, London EC4M 9BE, UK.
Tezos Markets, officially known as Tezos Markets 3773 (Proprietary) Limited, is a forex broker that has been operating for approximately 2 to 5 years. The company is registered in the United Kingdom, with its headquarters located at 5811 Trade Center Dr, Building 10, Austin, Texas, United States of America, 78744. As a private entity, Tezos Markets serves a diverse clientele, primarily focusing on retail forex traders, institutional clients, and those interested in cryptocurrency trading.
The development of Tezos Markets has been marked by its ambition to provide a comprehensive trading platform that encompasses a wide range of financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Despite its relatively short history, the broker has made significant strides in establishing its presence in the forex trading space, although it faces challenges due to regulatory concerns.
Tezos Markets operates on a business model that caters primarily to retail forex traders, offering various account types and trading options. The broker's commitment to providing a user-friendly trading environment is evident in its platform features, although it has faced scrutiny regarding its regulatory compliance and operational transparency.
Tezos Markets operates in a regulatory environment that raises concerns about its legitimacy and operational practices. Currently, the broker is unregulated, lacking authorization from any recognized financial authorities such as the Financial Conduct Authority (FCA) in the UK or other reputable regulatory bodies.
The absence of a valid regulatory license poses significant risks for potential investors and traders. According to the FCA, Tezos Markets is not authorized to provide financial services, and individuals are advised to exercise caution when dealing with this broker. The lack of regulatory oversight means that clients do not have access to investor protection schemes, such as the Financial Services Compensation Scheme (FSCS), which would typically safeguard client funds in the event of a broker's insolvency.
Tezos Markets has not publicly disclosed its customer funds segregation policies, which is a critical aspect of ensuring client funds are protected from operational risks. Furthermore, the broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations remains questionable, as there is no available information detailing its procedures for verifying client identities and monitoring transactions.
Tezos Markets offers a diverse range of trading products to its clients, providing access to various financial instruments. The broker supports numerous forex currency pairs, allowing traders to engage in both major and minor currency markets. Additionally, Tezos Markets provides contracts for difference (CFDs) across multiple asset classes, including indices, commodities, stocks, and cryptocurrencies.
The available trading instruments include:
While the broker claims to offer various trading products, details regarding the frequency of product updates and the introduction of new instruments remain unclear due to the unavailability of its website.
Tezos Markets primarily focuses on retail trading services, but it may also cater to institutional clients seeking to access the forex and cryptocurrency markets. However, specific information about white-label solutions or asset management services has not been disclosed.
Tezos Markets provides its clients with a web-based trading platform, which is designed to facilitate easy access to the financial markets. However, there is limited information available regarding the platform's specific features, capabilities, and user interface due to the current inaccessibility of the broker's website.
The broker does not appear to support popular trading platforms such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are widely used in the trading community. Instead, it relies on its proprietary web trader, although details about its functionality and compatibility with mobile devices remain undisclosed.
The execution model employed by Tezos Markets is also unclear, with no information provided on whether it operates as an ECN (Electronic Communications Network), STP (Straight Through Processing), or market maker. The infrastructure and server locations that support the trading platform are not specified, which raises concerns about the broker's technological robustness.
Additionally, there is no mention of API access or support for automated trading strategies, which limits the options available for algorithmic traders.
Tezos Markets offers several account types, catering to different trading preferences and capital requirements. However, detailed information regarding the specific conditions of each account type is limited due to the unavailability of the broker's website. The following account types are generally expected:
The minimum deposit requirements for different account types range from $100 to $30,000, depending on the account level. The leverage offered by Tezos Markets is also not clearly defined, but it is typically expected to vary across asset classes.
Minimum trade sizes and overnight fees are not specified, which may impact traders' ability to manage their positions effectively.
Tezos Markets supports a variety of deposit methods, including bank transfers, credit cards, and possibly electronic wallets. However, specific details regarding the minimum deposit requirements for each account type are lacking.
The processing times for deposits and withdrawals are not disclosed, which may affect clients' ability to access their funds promptly. Furthermore, the fee structure associated with deposits and withdrawals remains unclear, raising concerns about potential hidden costs.
Withdrawal methods and any associated limits are also unspecified, which may impact the trading experience for clients looking to manage their funds efficiently.
Tezos Markets provides customer support through various channels, including phone, email, and potentially online chat options. However, the specific availability of these services and the time zones covered are not detailed.
The broker's support may be limited to English, and other language options are not confirmed, which could affect non-English speaking clients.
In terms of educational resources, Tezos Markets does not appear to offer comprehensive training materials, webinars, or tutorials to assist traders in improving their skills. Market analysis services, including daily updates and research reports, are also not specified, which may leave traders without adequate support in navigating the markets.
The availability of trading tools, such as calculators and economic calendars, is not mentioned, which could hinder clients' ability to make informed trading decisions.
Tezos Markets primarily serves clients in the United Kingdom and possibly other regions, but specific details regarding its geographical reach are not provided. The broker's presence in various markets is unclear, as is its ability to accept clients from certain countries.
Restrictions on clients from specific regions may apply, particularly in jurisdictions with stringent regulatory requirements. The lack of clarity surrounding which countries are excluded from service raises concerns for potential international clients.
In summary, while Tezos Markets presents itself as a forex broker with diverse trading options, significant concerns regarding its regulatory compliance, operational transparency, and customer support capabilities remain. Prospective clients should exercise caution and conduct thorough research before engaging with this broker.
News Beware of Tezos Markets
The Financial Conduct Authority (FCA) warned the public regarding Tezos Markets. The FCA stated that Tezos Markets is not authorized by them and advised individuals to be cautious when dealing with this entity.
FX1390160565
Turkey
Their team is highly knowledgeable and has helped me make informed investment decisions. The platform is easy to use and provides all the necessary information to track my investments in real-time. I have also been impressed with their customer support team, who are always available to answer my queries and provide prompt solutions.
Positive
2023-03-24