English

TMS Brokers foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.tms.pl/, about the company's legal and temporary regulatory information, the company's address Skylight Ul. Złota 59 00-120 Warszawa, Polska.

TMS Brokers Forex Broker

Basic Information

Registered Region

Poland

Operating Period

Company Name

TMS Brokers

Abbreviation

TMS Brokers

Company employee

Customer Service Email Address

akac@tms.pl

Contact Number

+48222766259

Company Website

https://www.tms.pl/

Company address

Skylight Ul. Złota 59 00-120 Warszawa, Polska

Facebook

https://pl-pl.facebook.com/tmsbrokers

Keywords

5-10 years

Suspicious Regulatory License

High potential risk

Company profile

BASIC INFORMATION: TMS Brokers is an award-winning Polish broker with offices across Europe. They offer trading on a range of markets including forex, indices, commodities and cryptocurrencies, via the TMS Smart Trading app or MT5 platform. In this article we review TMS Brokers app, demo account, spreads and more. TMS Brokers S.A. is a Polish brokerage established over 20 years ago. It is regulated by the Polish Financial Supervision Authority and provides services to over 9,000 investors. As of 2015, an associated company called TMS Brokers Europe Limited (Ltd) also existed in Malta. However, this company has now been dissolved and TMS Brokers S.A. supplies customers across Europe, with offices in Poland, Latvia, Russia, Spain and Lithuania. A deal was struck in September 2020 for Canadian firm Oanda to acquire TMS Brokers S.A. REGULATORY INFROMATION: LICENSE No valid regulatory information Please be aware of the risk! MARKET TMS Brokers offers trading across a range of instruments: · 18 indices · 42 currency pairs · 123 stocks across US, German, UK, Spanish and Polish markets · 19 commodities including gold, silver and crude oil · 5 cryptocurrency CFDs based on future contracts including Bitcoin, Ethereum and Ripple · 40+ ETF contracts with shares from markets such as healthcare, raw materials or the biotechnology sector SPREADS & COMMISSIONS The brokerage offers reasonable spreads, especially considering that there is no minimum deposit. A comparison of TMS Brokers vs competitor XTB showed that both brokers offer a spread of 1 pip for EUR/USD ACCOUNT TYPES TMS Brokers offers the Connect account to retail clients, and Connect Professional account to professional clients. The standard Connect account offers full market access, no minimum deposits and competitive floating spreads. To be eligible for the professional account, traders must meet at least two of the following criteria: · Total assets of the entrepreneur amount to at least 20,000,000 EUR · Revenues from sales achieved by the entrepreneur amount to at least 40,000,000 EUR · Equity or own funds of the entrepreneur amount to at least 2,000,000 EUR Professional accounts come with different margin rates and minimum trade volumes, but have a lower level of protection. Clients should refer to the relevant Financial Instruments Specification and Table of Fees and Commission documents for details of each, as fees, rates and volumes vary between markets. DEPOSITS & WITHDRAWALS TMS Brokers offer deposits via credit and debit card (Visa and Mastercard) and bank transfer. Credit and debit card deposits are usually instant, but a deposit limit of 15,000 EUR applies. Trustly can be used for instant bank transfers and supports major banks in Estonia, Finland, Spain, Poland, Sweden and Denmark. Deposits should be instantly credited to trading accounts, but can take up to one working day in some cases. Funds can also be deposited by regular bank transfer using banks in the Single Euro Payments Area (a list of member states can be found on the SEPA website). Deposits take between one and three working days using this method. TMS does not charge any fees for these deposit services, although fees may apply for bank transfers. All methods require deposits to be in Euros, otherwise conversion costs may apply. While there are no minimum deposit requirements, TMS Brokers recommends that clients deposit at least 100 EUR to avoid the 20 EUR fee charged for withdrawals below 100 EUR DEMO ACCOUNT Clients have the option to open a demo account via the SmartTrader mobile platform, where they can practice trading with 50,000 EUR in virtual funds. This account provides all the functionality of a live account TRADING PLATFORMS · Meta Trader 5 · TMS Smart Trading Platform TRADING HOURS Forex trading hours are 24/5, however other market hours vary. TMS Brokers provides details of trading hours for every available asset on the ‘Where to Invest’ section of their website. Customer Support TMS Brokers has a Facebook messenger chat option embedded on their website, where customers can contact the customer service team using their Facebook login or as a guest. In addition, a telephone number and email address are provided for each office: Telephone · International / Poland: +48 222 766 200 · Lithuania: +370 5 203 4495 · Latvia: +371 66 334 410 · Russia: +371 66 334 410 · Spain: +34 911 12 00 29 E-mail · International: contact@tmsbrokers.com · Lithuania: tms@tmsbrokers.lt · Latvia: tms@tmsbrokers.lv · Russia: tms@tmsbrokers.lv · Spain: contact@tmsbrokers.es · TMS Brokers registered address is ul. Złota 59, 00-120 Warsaw. ACCEPTED COUNTRIES TMS Brokers accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries. Traders cannot use TMS Brokers from United States

TMS Brokers broker review

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How to login to TMS Brokers?

tms brokers Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the world of online trading can be daunting, especially when it comes to setting up your account. This comprehensive guide will walk you through the processes of registration, account opening, and login

TMS Brokers Forex Broker - Complete Information Guide

1. Broker Overview

　　TMS Brokers, formally known as Dom Maklerski TMS Brokers S.A., is a well-established brokerage firm founded in 1997. Headquartered in Warsaw, Poland, TMS Brokers operates under the supervision of the Polish Financial Supervision Authority (KNF). The company is privately held and has been serving a diverse clientele, primarily focusing on retail forex and CFD trading.

　　With over two decades of experience in the financial markets, TMS Brokers has achieved significant milestones, including its acquisition by OANDA in 2020, which has further enhanced its technological capabilities and market reach. The broker provides a comprehensive range of trading services, catering to both individual traders and institutional clients. Its business model includes retail forex trading, CFD trading across various asset classes, and offering educational resources to support traders in their investment journey.

　　The TMS Brokers broker is recognized for its competitive trading conditions, including tight spreads and the absence of trading fees, making it an appealing choice for both novice and experienced traders.

2. Regulation and Compliance Information

　　TMS Brokers is regulated by the Polish Financial Supervision Authority (KNF), holding the license number KP WIG - 4021 - 54 - 1/2004. This regulatory oversight ensures that the broker adheres to strict operational standards, offering a level of protection to its clients. The license is valid across the European Union, providing a framework within which TMS Brokers operates.

　　The broker maintains client funds in segregated accounts, ensuring that traders' capital is protected in the event of the company's insolvency. Additionally, TMS Brokers participates in the Polish compensation scheme, which covers client funds up to €22,000. The firm also implements KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures to enhance security and prevent fraudulent activities.

3. Trading Products and Services

　　TMS Brokers offers an extensive range of trading products, including:

Forex Currency Pairs: The broker provides access to over 42 currency pairs, including major, minor, and exotic pairs, allowing traders to engage in diverse trading strategies.
CFD Products: TMS Brokers offers CFDs on various asset classes, including:
Indices: Major stock indices from around the world.
Commodities: Including precious metals like gold and silver, as well as energy products.
Stocks: CFDs on a variety of equities from global markets.
Cryptocurrencies: Trading options for popular cryptocurrencies, including Bitcoin and Ethereum.

　　The broker frequently updates its product offerings, ensuring that clients have access to the latest market trends and investment opportunities. TMS Brokers primarily targets retail traders but also provides services to institutional clients, enhancing its market presence.

4. Trading Platforms and Technology

　　TMS Brokers supports the widely acclaimed MetaTrader 5 (MT5) platform, known for its advanced trading features and user-friendly interface. The platform allows for comprehensive technical analysis, automated trading through Expert Advisors (EAs), and access to a variety of trading tools.

　　In addition to MT5, TMS Brokers offers its proprietary trading platform, which provides a seamless trading experience for users. The broker also supports web-based trading, enabling clients to access their accounts from any internet-enabled device.

　　For mobile trading, TMS Brokers provides a dedicated app compatible with both iOS and Android devices. This app allows traders to monitor their accounts, execute trades, and access real-time market data while on the go. The broker's execution model is primarily market-making, which facilitates efficient order processing.

5. Account Types and Trading Conditions

　　TMS Brokers offers a straightforward account structure, primarily featuring:

　　Standard Account:
　　No minimum deposit required.
　　Floating spreads starting from 0 pips.
　　No trading fees.
　　Maximum leverage of 1:20.
　　Pro Account:
　　Available to traders who meet specific trading volume and activity requirements.
　　Offers higher leverage of up to 1:200.
　　Additional conditions apply compared to the standard account.

　　A demo account is also available, providing users with €50,000 in virtual funds to practice trading without any financial risk. This account type helps traders familiarize themselves with the platform and test different strategies.

6. Fund Management

　　TMS Brokers supports several deposit and withdrawal methods, including:

Deposit Methods:
Bank Transfers
Credit/Debit Cards: Including Visa and Mastercard.
Trustly: For instant bank transfers.

　　The broker does not impose any deposit fees, but traders should be aware that currency conversion fees may apply if deposits are made in currencies other than EUR. The minimum deposit recommended to avoid withdrawal fees is €100.

Withdrawal Methods:
Withdrawals can be processed through bank transfers and credit/debit cards.
The broker does not charge withdrawal fees for amounts exceeding €100, but a €20 fee applies to withdrawals below this threshold.

　　Withdrawal processing times can take up to three business days, depending on the method used.

7. Customer Support and Educational Resources

　　TMS Brokers provides multiple channels for customer support, including:

Email Support: Clients can reach out via contact@tmsbrokers.com.
Live Chat: Available on the broker's website for instant assistance.
Social Media: Support is also accessible through platforms like Facebook and Twitter.

　　Customer service operates from 9:00 AM to 5:00 PM CET, Monday to Friday, but is not available on weekends. The support team is multilingual, providing assistance in several languages, including Polish, English, and Russian.

　　In terms of educational resources, TMS Brokers offers various materials, including:

Webinars: Covering different trading strategies and market analysis.
E-books and Articles: Focused on fundamental and technical analysis.
Market Analysis: Daily updates and insights to help traders make informed decisions.

8. Regional Coverage and Restrictions

　　TMS Brokers primarily serves clients in Poland and several other European countries, including Lithuania, Latvia, and Spain. However, the broker does not accept clients from the United States due to regulatory restrictions.

　　The company has regional offices across Europe, enhancing its ability to cater to local markets while adhering to EU regulations. Despite its broad service area, TMS Brokers faces limitations in certain markets, particularly in regions where it lacks regulatory approval.

　　In summary, TMS Brokers is a reputable broker that offers a range of trading products and services, backed by regulatory oversight from the KNF. With competitive trading conditions and a user-friendly platform, the broker is well-suited for both novice and experienced traders. However, potential clients should carefully consider the limitations regarding account types and the availability of customer support outside regular business hours.

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