TIO Markets Forex Broker

TIO Markets Review SummaryFounded2019Registered Country/RegionUnited KingdomRegulationFCAMarket InstrumentsForex, Indices, Stocks, Commodities, FuturesDemo Account✅LeverageUp to 1:30SpreadFrom 1.1 pips (Standard account)Trading PlatformMetaTrader 4 (MT4), MetaTrader 5 (MT5)Minimum Deposit$50Customer Support24/7 live chatEmail: support@tiomarkets.ukAddress: 8 Devonshire Square, 4th Floor 116, London, EC2M 4YDTIO Markets Information TIO Markets is a UK-based forex and CFD broker regulated by the FCA. It offers trading on MT4 and MT5 platforms with competitive spreads, multiple account types, and a low minimum deposit of $50.Pros and ConsPros Cons Regulated by the UK FCAWithdrawal fees apply if no trading or less than $50Supports MT4 and MT5 platformsLimited educational resources and market analysis toolsLow minimum deposit ($50)24/7 live chat supportDemo accounts availableIs TIO Markets Legit? TIO Markets UK Limited is a legitimate and regulated financial institution. It is authorized by the Financial Conduct Authority (FCA) in the United Kingdom, which is a well-respected regulatory body in the financial industry. The company holds a Straight Through Processing (STP) license with the license number 488900.What Can I Trade on TIO Markets? TIO Markets offers a diverse range of trading products. They provide access to 116+ instruments across 5 different markets, including major and minor forex currency pairs, indices, commodities, and stocks.Tradable Instruments Supported Forex✔Indices✔Stocks✔Commodities✔Futures✔Cryptos❌Bonds❌Options❌ETFs❌Account Type TIO Markets offers 4 types of live trading accounts: Spread Betting, Standard, Raw, and VIP Black, designed to meet the needs of different types of traders. The platform also provides a demo account for practice.Account TypeMinimum DepositMaximum LeverageSpread fromCommissionSpread Betting£501:300.3 pips$0Standard1.1 pipsRaw£2500.0 pips$6 per lotVIP Black£1,0000.3 pips$0Leverage TIO Markets offers leverage of up to 1:30 for retail clients, in compliance with FCA regulations. TIO Markets Fees TIO Markets offers low to moderate trading fees, depending on the account type. The brokers Raw and VIP Black accounts are especially competitive with tight spreads and low or zero commissions. Overall, its fee structure is reasonable and transparent, making it attractive to both new and experienced traders.Account TypeMinimum SpreadCommissionSpread Betting0.3 pips$0 Standard1.1 pipsRaw0.0 pips$6 per lotVIP Black0.3 pips$0 Swap Rates TIO Markets calculates swaps based on the interest rate differential between the two currencies in a pair. They can be positive or negative, depending on the direction of the trade and the instruments involved. Non-Trading FeesNon-Trading Fees DetailsDeposit Fee 0Withdrawal Fee Free if withdrawing $50 or more and account is active. Otherwise: $25 (Bank Wire), 5% (Debit/Credit Card), 5% (E-wallet)Inactivity Fee Applies only if no trades have been made before withdrawal: $25 (Bank Wire), 5% (Debit/Credit Card, E-wallet)Trading PlatformTrading PlatformSupported Available Devices Suitable for MetaTrader 4 (MT4)✔Windows, Mac, iOS, Android, WebBeginners MetaTrader 5 (MT5)✔Windows, Mac, iOS, Android, WebExperienced tradersDeposit and Withdrawal TIO Markets does not charge any deposit fees, and withdrawal fees are waived if you have traded and are withdrawing $50 or more. Otherwise, withdrawal fees apply based on the method. The minimum deposit at TIO Markets is $50.Payment MethodMinimum AmountDeposit FeeWithdrawal FeeProcessing TimeBank Wire Transfer$500Free if ≥$50, otherwise $25Up to 5 working daysDebit/Credit Card$50Free if ≥$50, otherwise 5%1 working dayE-wallet$50