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Tempus forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of , a liquidation rate of %, a spread cost of 0.00, etc

Rating Index

Pros

User-friendly online booking system with instant quotes.
Wide range of shipping options, including military and student discounts.
Strong customer service reputation with positive reviews on communication and reliability.

Cons

Not a direct carrier, which may lead to additional coordination with third-party transporters.
Potential fees for rescheduling and payment processing.
Lack of regulatory oversight, which could raise concerns for some clients.

Tempus Broker Trade

Tempus Trade: A Comprehensive Review of the Forex Broker

The foreign exchange (Forex) market is one of the largest and most liquid financial markets in the world, facilitating trillions of dollars in transactions daily. Tempus Trade has established itself as a significant player in this arena, providing a range of services tailored to meet the needs of both individual and institutional traders. This article will explore three core questions about Tempus Trade: What are the trading conditions offered by Tempus Trade? What platforms and products does it support? What are the strengths and weaknesses of this broker?

Broker Overview and Trading Conditions

Established Regulator Headquarters Minimum Deposit Leverage Ratio Average Spread
2012 FCA Washington, D.C. $100 1:100 1.2 pips

Tempus Trade was founded in 2012 and is regulated by the Financial Conduct Authority (FCA), ensuring a level of trust and security for its clients. The broker is headquartered in Washington, D.C., which positions it strategically within a major financial hub. With a minimum deposit requirement of $100, it offers accessibility for new traders while providing a leverage ratio of up to 1:100. This leverage allows traders to control larger positions with a smaller amount of capital, enhancing potential returns but also increasing risk.

The average spread of 1.2 pips is competitive when compared to industry standards, where typical spreads for major currency pairs often range from 1.0 to 2.0 pips. This suggests that Tempus Trade provides a cost-effective trading environment, particularly beneficial for scalpers and day traders who rely on tight spreads to maximize their profits.

Trading Platforms and Product Analysis

Tempus Trade offers its clients access to the popular MetaTrader 4 (MT4) platform, known for its user-friendly interface and advanced trading tools. MT4 provides a range of features, including automated trading capabilities through Expert Advisors (EAs), customizable charting tools, and a variety of technical indicators.

Available Currency Pairs

Currency Pair Category Number Offered Minimum Spread Trading Hours Commission Structure
Major Pairs 20 1.0 pips 24/5 None
Minor Pairs 15 1.5 pips 24/5 None
Exotic Pairs 10 2.5 pips 24/5 None

Tempus Trade supports a diverse range of currency pairs, including 20 major pairs, 15 minor pairs, and 10 exotic pairs. The minimum spreads for these pairs are competitive, with major pairs starting at 1.0 pips, which is attractive for traders seeking to minimize costs. The trading hours are 24/5, providing flexibility for traders around the globe.

Execution speed is critical in Forex trading, and Tempus Trade has implemented robust technology to ensure quick order processing. The platform claims to have minimal slippage, which is essential for traders who need to enter and exit positions swiftly.

Advantages, Disadvantages, and Security Assessment

Advantages:

  1. Regulatory Oversight: Being regulated by the FCA provides a level of security and trust for clients.
  2. Competitive Spreads: The average spread of 1.2 pips is attractive compared to many competitors.
  3. User-Friendly Platform: The MT4 platform is well-known for its ease of use and advanced features.

Disadvantages:

  1. Limited Product Range: While the focus on Forex is strong, the lack of additional asset classes may deter some traders.
  2. Higher Minimum Deposit: A minimum deposit of $100 may be higher than some other brokers that offer accounts with no minimum deposit.

Tempus Trade takes client security seriously, employing measures such as segregated accounts for client funds and encryption technology to protect sensitive information. Additionally, the broker participates in compensation schemes that protect clients in the event of insolvency.

Customer satisfaction is reflected in various online reviews, with many users praising the broker's responsive customer service and effective trading tools.

Practical Strategies and Summary Recommendations

For traders utilizing Tempus Trade, a basic strategy could involve using the MT4 platform's automated trading capabilities. A simple moving average crossover strategy can be implemented, where traders set up an EA to buy when a short-term moving average crosses above a long-term moving average and sell when the opposite occurs. This strategy allows traders to capitalize on trends while minimizing emotional decision-making.

In summary, Tempus Trade is a solid choice for Forex traders, particularly those who are new to the market or prefer a straightforward trading experience. With competitive trading conditions, a user-friendly platform, and regulatory oversight, it caters well to both novice and experienced traders alike. However, those seeking a broader range of financial instruments may need to consider other options.

FAQ

  1. What is the minimum deposit required to open an account with Tempus Trade?
  • The minimum deposit is $100.
  1. What trading platform does Tempus Trade offer?
  • Tempus Trade offers the MetaTrader 4 (MT4) platform.
  1. Is Tempus Trade regulated?
  • Yes, Tempus Trade is regulated by the Financial Conduct Authority (FCA).

Risk Warning

Trading in Forex and other financial markets involves significant risk and may not be suitable for all investors. Please ensure you fully understand the risks involved and seek independent advice if necessary.

Tempus trade