TMi Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.tmimarkets.com/register, the company's legitimate regulatory information United StatesNFACommon Business Registration, to enhance the security of the company's address Curlew St, London SE1 2ND, United Kingdom.
TMi Markets Forex Broker
Basic information
United Kingdom
2-5 years Regulated in United States Common Business Registration Suspicious Scope of Business Suspicious Overrun Medium potential riskCompany profile
TMi Markets was registered in 2022 in the UK. On its platform, customers can trade forex, cryptos, stocks, commodities, indices, energy, metals, bonds, and ETFs. It provides 4 types of accounts, with a minimum deposit of $250 and a maximum leverage of 1:400. More importantly, it provides social trading services. However, its license was exceeded, which means potential risks may exist.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | No MT4 or MT5 |
| Tiered accounts | Exceeded NFA lisence |
| Islamic account provided | High minimum deposit |
| Social trading services provided | No direct contact channel |
| Popular payment options |
Is TMi Markets Legit?
No, TMi Markets' NFA license was exceeded. Besides, its domain status shows that client transferring is prohibited. Please be aware of the potential risks.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| National Futures Association (NFA) | Exceeded | USA | Common Business Registration | 20248071283 |
What Can I Trade on TMi Markets?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Energy | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Bonds | ✔ |
| ETFs | ✔ |
| Options | ❌ |
Account Type
TMi Markets provides 4 types of accounts, including Bronze, Silver, Gold, and Platinum. However, it does not mention whether a demo account is available or not.
| Account Type | Currencies | Min Deposit | Max Leverage | Spread | Islamic Account |
| Bronze | USD, EUR | $250 | 1:200 | From 2.2 pips | ❌ |
| Silver | $10,000 | From 1.8 pips | ✔ | ||
| Gold | $25,000 | 1:400 | From 0.8 pips | ✔ | |
| Platinum | $100,000 | From 0.8 pips | ✔ |
Leverage
The leverage can be up to 1:400, which is not low. Customers need to consider carefully before investing, because high leverage is likely to bring high potential risks.
Trading Platform
TMi Markets uses its own trading platforms, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| TMi Webtrader | ✔ | Windows, Linux, MacOS | / |
| TMi APP | ✔ | iOS, Android | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Social Trading
TMi Markets provides social trading services. On its platform, customers can share their trading experiences and learn from top traders.
Deposit and Withdrawal
| Payment Options | Currencies | Fees |
| Crypto Wallets | / | / |
| Bank Transfer | EUR, USD, GBP | ❌ |
| Credit Cards | EUR, USD, GBP | ❌ |
Rating Index
Gold
Bronze
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Latest Reviews
Mike1979
Cyprus
i am trading with them for over 6 months. i am very happy and all goes well at the moment. they are showed me their trading license and i believe you are mistaking here. i am very happy with tmimarkets.com
Positive
2023-11-09
Alex88
Cyprus
I dont understand how you can claim they dont have license while they do have a license: TMi Markets is operated by EXO Broker AG, a company incorporated in MWALI (MOHELI), Comoros Union under registered number HY00922017 and Trading License number T2022131 Please review your comments and be true and honest when you post anything
Positive
2023-11-09
Mike1979
Cyprus
Happy with their service
Positive
2023-11-09