TMi Markets Forex Broker

TMi Markets Review SummaryFounded2022Registered Country/RegionUKRegulationUnregulatedMarket InstrumentsForex, cryptos, stocks, commodities, indices, energy, metals, bonds, ETFsDemo Account/Islamic Account✅LeverageUp to 1:400SpreadFrom 0.8 pipsTrading PlatformTMi Webtrader, TMi Mobile APPSocial Trading✅Min Deposit$250Customer SupportContact formEmail: support@tmimarkets.comAddress: Curlew St, London SE1 2ND, United KingdomLucile-Grahn-Straße 20, 81475 München, GermanySecond Floor, First St Vincent Bank Ltd Building James Street , St Vincent and the Grenadines VC0100 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 ConsProsConsDiverse tradable assetsNo MT4 or MT5Tiered accountsNo regulationIslamic account providedHigh minimum depositSocial trading services providedNo direct contact channelPopular payment optionsIs TMi Markets Legit? No, TMi Markets is unregulated.What Can I Trade on TMi Markets?Tradable InstrumentsSupportedForex✔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 TypeCurrenciesMin DepositMax LeverageSpreadIslamic AccountBronzeUSD, EUR$2501:200From 2.2 pips❌Silver$10,000From 1.8 pips✔Gold$25,0001:400From 0.8 pips✔Platinum$100,000From 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 PlatformSupportedAvailable DevicesSuitable forTMi Webtrader✔Windows, Linux, MacOS/TMi APP✔iOS, Android/MT4❌/BeginnersMT5❌/Experienced tradersSocial Trading TMi Markets provides social trading services. On its platform, customers can share their trading experiences and learn from top traders.Deposit and WithdrawalPayment OptionsCurrenciesFeesCrypto Wallets//Bank TransferEUR, USD, GBP❌Credit CardsEUR, USD, GBP❌