Taurex Review 2025

Trust

Taurex Regulations

When we review brokers, we look at the licenses held by each of their entities to understand how well they protect clients. We use a simple three-tier system to rank regulatory bodies, with Tier 1 being the most trusted and offering the highest level of protection.

This is what I discovered about the entities operating under the Taurex trade name:

• Zenfinex Global Limited is licensed and regulated by the Financial Services Authority (FSA) of Seychelles under license number SD092. We rate the FSA as a Tier-3 regulator.
• Taurex Limited is licensed and regulated by the Financial Conduct Authority (FCA) of the UK under license number 816055. We rate the FCA as a Tier-1 regulator.
• Taurex Financial Services L.L.C. is licensed and regulated by the Securities and Commodities Authority (SCA) of the UAE under license number 20200000224. We rate the SCA as a Tier-2 regulator.

How Taurex Protects You

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.

Here is how Taurex protects you:

• Keeps client funds segregated.
• Operates on a best execution basis.
• Guarantees negative balance protection on the UK entity.
• Has issued a private indemnity insurance.

However, the negative balance protection is not available for global clients who open accounts with the FSA-regulated entity.

To learn more about the most important safety mechanisms and how they apply to you, click here.

Stability and Transparency

In our Trust category, we assess how stable and transparent a broker is. This includes how long they’ve been in business, the size of the company, and how openly they share important information.

Taurex has been operational for 8 years and employs around 200 professionals globally, according to the broker. This attests to its longevity and corporate stability.

I also learned that Taurex operates on a ‘best execution’ basis, meaning it is required to deliver optimal price quotes under the prevailing market conditions. I also appreciated that live spread data is displayed on the website so that casual visitors can quickly assess the broker’s fee transparency and competitiveness.

I also checked Taurex’s legal documents and client agreement and assessed that everything was in order. Essential data is easily accessible and pretty self-explanatory, and there are no major omissions.

Is Taurex Safe?

I concluded that Taurex can be considered safe due to the following factors:

• Licensed and regulated in multiple jurisdictions.
• Client money is protected from the broker’s credit risk.
• The broker is required to deliver optimal pricing.

Fees

Taurex Trading Fees

Taurex Spreads

I tested Taurex’s spreads on 29 July 2025 during the London and New York opens. The results are shown in the table below:

Broken down by asset class and compared to the industry average, Taurex offers exceptionally low Bitcoin and indices spreads. I also found that it charges low share CFDs spreads, average-to-high commodity spreads, and high forex spreads.

Taurex Swaps

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge, deductible, or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

The values listed below are for one full base currency contract (100,000 units).

Live testing revealed that Taurex’s swaps are higher than the industry benchmark. However, overnight charges tend to fluctuate over time.

Taurex Non-Trading Fees

Taurex charges dormant accounts a $20 inactivity fee after 90 calendar days of dormancy. The fee is charged monthly until activity resumes or the account balance drops to zero.

Deposits with Taurex are free, though the broker imposes a handling fee of up to 1%, depending on the selected payment method. Third-party processing fees may also apply.

Are Taurex’s Fees Competitive?

Taurex’s costs can really vary depending on what you’re trading. The broker offers some of the lowest spreads on Bitcoin and indices across the industry. But its spreads on forex pairs and crude oil, as well as swap fees tend to be higher than average.

The same mixed picture applies to non-trading fees. While deposits are free, there’s a fairly hefty inactivity fee and a handling charge on withdrawals.

Platforms and Tools

MetaTrader 5 Desktop

I tested the desktop version of MetaTrader 5. The charts, orders, and various instruments are located in easy-to-find places, and even first-time traders can quickly learn their way around. My only gripe with the platform is that its charts feel rugged and outdated compared to newer and sleeker trading stations.

Taurex’s MT5 platform is available on Windows and Mac and supports 52 languages, including English, French, Spanish, German, Arabic, Chinese, and more.

MT5 features include:

• Alerts-Setting Option: Traders can set alerts for when the price of a given instrument falls/rises to a predetermined level, which could potentially signal a viable entry opportunity.
• Watchlist Customization: Traders can populate watchlists with their favorite instruments and track market changes more easily.
• One-click Trading: This feature enables instant market entries at the spot price and is invaluable for high-precision traders, such as scalpers.
• Trading from the Chart: Traders can place conventional trading orders directly from the chart, specifying the entry price, volume level, stop and take-profit levels, and more.

In my opinion, MT5 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.

Charts

I have broken down the available analytical tools and chart configurations below:

• 38 technical indicators: Including trend-based and volume-based indicators, and oscillators to analyze price action and assess market sentiment, helping predict market movements.
• 24 drawing tools: Tools like Fibonacci retracement levels and Elliott waves help identify price patterns, support/resistance levels, and breakout points. However, MT5’s design can make price action harder to interpret.
• 21 timeframes: For multi-timeframe analysis, enabling detailed price action analysis. MetaTrader 5 has one of the largest such offerings in the industry.
• 3 chart types: Price action can be displayed as line, bars, or candlesticks, offering diverse perspectives on trading opportunities.

As shown above, MetaTrader’s charts can quickly become cluttered, even with just two indicators. This can obscure price action examination and make it harder to perform detailed technical analysis.

Orders

MetaTrader 5 features three types of order execution: market, pending, and one-click trading for immediate entries at the spot price.

I have broken down the available order types on the MetaTrader 5 platform below:

• Market Orders: Used for immediate entry at the best available price. They guarantee volume filling, though the entry price may differ from the requested price.
• Limit Orders: Guarantee exact price entries, but won’t be filled if the price doesn’t reach the trigger level.
• Stop Orders: They are used to support open positions by limiting the maximum loss that can be incurred if the market turns in the opposite direction. A stop-loss order is placed at a fixed price below or above the spot price. If the market does indeed turn and triggers the stop-loss, it will transform into a market order and get filled at the best possible price.

MT5 Desktop: My Key Takeaways

MetaTrader 5 is a decent option for fast and simple order execution. However, its dated and rugged design is inferior to newer and sleeker platforms. While I appreciate MT5’s impressive selection of 21 timeframes, I find MT5’s charting capabilities too rigid and less effective.

MT5 App

The MT5 mobile app is available on iOS and Android, enabling quick and easy access to the market on the go. It is very useful for opening, terminating, and adjusting open positions.

You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.

MT5 App: My Key Takeaways

The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action.

Taurex App

The Taurex mobile app is a pleasant improvement of MetaTrader 5. It features a streamlined interface and is packed with useful tools, such as a news screener and an economic calendar. These help traders stay on top of the latest market developments. The app also supports account management and trading on the go.

Taurex FIX API

Taurex also provides FIX API solutions for achieving ultra-fast order execution. The protocol connects traders to the industry’s biggest liquidity providers and helps them obtain raw spreads directly from an exchange’s order books. FIX APIs are the go-to option for traders interested in Direct Market Access (DMA) trading.

Taurex Execution Model

Taurex utilizes Electronic-Communication-Networks (ECN) technology as its principal execution model. Client orders are matched electronically (buying orders to selling orders and vice versa) at the interbank level. This helps Taurex achieve fast execution speeds and obtain competitive price quotes for its clients.

Tradable Instruments

Compared to the industry average, Taurex offers a high number of commodities, share CFDs, and cryptocurrencies, and an average number of currency pairs and indices.

What Are CFDs?

CFDs (Contracts for Difference) let you trade on the price movements of assets, like gold, without actually owning them.

For example, if you go long on gold and the price rises, you profit; if it falls, you lose—without ever buying real gold.

The biggest perk? You can jump in or out of the market quickly to take advantage of even the smallest price changes.

What CFDs Can You Trade With Taurex?

Taurex Instruments: My Key Takeaways

Taurex’s selection of tradable instruments is wide and diverse. I appreciated the addition of 142 ETFs since my last review of the broker over a year ago, which underscores Taurex’s commitment to improving its services and offering its clients a more streamlined trading experience.

Customer Support

Customer Support Channels

Customer Support Test

When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.

I tested Taurex’s customer support on 28 July at around 16:16 CET via live chat. Before being transferred to an agent, I had to provide my name and email address. Afterwards, one of Taurex’s support agents connected to the chat within seconds. The agent was engaging, polite, and proactive.

Overall, I rate Taurex’s customer support very highly, though the agent seemed to have some difficulties when I inquired about Taurex’s negative balance protection policy. He did not know right away whether the broker ensured negative balance protection, and took some time to understand the issue

Deposit and Withdrawal

How Do You Deposit Money with Taurex

How Do You Withdraw Money from Taurex

Account Types and Terms

How to Open an Account With Taurex

To set up an account with Taurex, follow these simple steps:

1. Click ‘Open Account’ at the top-right corner of the main page.
2. Choose a client type and enter your name.
3. Provide an email address and choose a password.
4. State your country of residence and phone number.
5. Choose a wallet currency.
6. Confirm you have read Taurex’s Terms and Conditions.
7. Provide the rest of your personal details.
8. Elaborate on your financial background.
9. Confirm your email address.
10. Configure your trading account.
11. Upload proof of ID and proof of address to verify your account.

What Account Types Does Taurex Offer?

Taurex’s Standard Zero account is quite affordable. Its minimum deposit is only $10, and traders can expect generally low spreads and zero commissions. Even more favorable conditions are available on the Pro Zero account, which has a slightly higher deposit requirement of $500. In contrast, the Raw account is the better fit for high-volume traders thanks to its specific pricing mechanism.

Traders may also opt for Taurex’s Cent accounts, perfect for algo testing in a real-world trading environment.

Demo Accounts

Taurex offers a demo account that lets traders explore the broker’s available platforms and test their strategies in a risk-free environment. Since markets are always changing, it’s important to keep your skills sharp without risking real money. You can open a demo account before or alongside your live CFD account.

Swap-Free (Islamic) Accounts

Taurex provides Islamic accounts for swap-free trading under Shariah Law. Please contact the broker for additional information.

What is CFD Leverage?

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades.

What Leverage Does Taurex Offer?

In the table below, I have listed the maximum retail leverage available with Taurex for instruments from different asset classes:

Taurex Restricted Countries

Taurex does not accept as clients residents of the US, North Korea, Iran, Belgium, Japan, or any other jurisdiction where trading with leveraged products is prohibited by law.

Research

Research Tools

I have broken down the most important types of market research provided by Taurex below:

• Economic Calendar: The economic calendar tracks key economic events, such as financial releases and speeches, that have the power to stir the market and result in viable trading opportunities.
• Market Insights: Taurex develops its own broad and penetrating market insights. They dive deep into recent market developments and present the reader with a comprehensive picture of market behavior. I appreciated that articles in this category are supported by price charts.
• Trading Central: The Trading Central package contains a market sentiment gauge, a powerful economic calendar, and featured trading ideas. These inform readers of how and when to exploit viable trading opportunities.
• Acuity: Taurex also incorporates the Acuity trading package, offering AI-powered technical analyses.

Taurex Research: My Key Takeaways

Taurex’s market research is broad and diverse. It utilizes elements of technical, fundamental, and economic analysis to present the user with a 360-degree coverage of recent market developments and emerging trading opportunities.

Education

I counted 28 introductory guides and 67 educational videos available in English and Arabic on the broker’s YouTube channel. These cover a broad range of topics, such as “Trading Share CFDs: Best Practices” and “Crypto CFDs Demystified”.

I also noticed that Taurex used to upload educational webinars, but it does not anymore. However, it publishes live streams about identifying viable trading opportunities and breaking down complex market data so that first-time traders can understand it.

The Bottom Line

Taurex comes across as a well-rounded and forward-thinking broker that has clearly put effort into building a robust offering for active traders. What stood out to me the most was its incredibly tight spreads on crypto and indices—among the best I’ve seen in the industry.

The broker also nails it with its research tools, FIX API solutions, and social/copy trading integrations through Pelican and Brokeree. If you’re a day trader, algo trader, or someone who thrives on timely market insights, Taurex delivers a highly attractive package.

That said, the picture isn’t entirely perfect. Forex spreads and swap fees were noticeably high in my tests, and the educational content, while high-quality, is not quite comprehensive enough for beginners just starting out.

Still, Taurex shows it understands what performance-driven traders want: fast execution, a wide instrument selection (including 142 ETFs), and a choice of reliable platforms like MT4, MT5, and a well-designed proprietary app. For serious traders who can look past a few downsides, Taurex is definitely worth a closer look.

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