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TIO Markets Review 2021

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TIO Markets Main Features
☑️
Regulations
FCA (United Kingdom)
️🗺
Supported Languages
English, Spanish, German, French, Arabic, Russian, Portuguese, Japanese, Hindi, Chinese, Dutch, Latvian, Punjabi, Thai, Slovak, Taiwanese, Georgian, Polish, Czech, Estonian, Hungarian, Bulgarian, Azerbaijani, Italian, Slovenian, Albanian, Bengali, Croatian, Finnish, Lithuanian, Tamil, Farsi, Tagalog, Swedish, Ukrainian, Greek, Serbian, Vietnamese, Malaysian, Bosnian, Multi-lingual, Romanian, Brazilian, Norwey, Norwegian, Turkish, Korean, Hebrew, Filipino, Danish, Urdu, Afrikaans, Norsk, Indonesian
💰
Products
Crypto, Currencies, Commodities, CFDs, Indices, Stocks
️💵
Min Deposit
$50
💹
Max Leverage
1:500 (FCA)
🖥
Trading Desk Type
Dealing Desk, ECN, Market Maker, No dealing desk, STP
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TIO Markets Full Review

“Tio Markets UK Limited is a Forex and CFD broker regulated in the United Kingdom by the Financial Conduct Authority (FCA). The broker offers 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices, all through the popular MetaTrader 4 and MetaTrader 5 trading platforms.”

Tio Markets UK Limited is a Forex and CFD broker regulated in the United Kingdom by the Financial Conduct Authority (FCA). The broker offers 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices, all through the popular MetaTrader 4 and MetaTrader 5 trading platforms for Web, Windows, MAC and Mobile.

Clients can choose from three account types – Standard, VIP and VIP Black. Standard and VIP accounts are commission-based whereas the VIP Black account has zero commission and has raw spreads. Demo and Islamic (swap-free) accounts are also available. There are various fee-free funding methods available including debit/credit card, bank wire, Skrill and Neteller.

The broker also provides various forms of market research including Trading Signals, Analysis, Webinars and an Economic Calendar. Similarly, the education section contains Video Tutorials, Webinars and Trading Articles but the material is most suitable for beginner traders. Customer Support is also available 24/5 via phone, email and live chat.

Pros: Cons:
  • FCA regulated.
  • Accepts UK and EU clients.
  • Commission-free trading available.
  • Fee-free deposits and withdrawals.
  • 24/5 customer support.
  • Limited trading instruments (120+)

 

About the Author

Jitan Solanki
Author
Jitan is a currency trader and an accredited Market Technician with more than 15 years of experience working with fund managers and on several proprietary trading floors. He is regularly quoted in the financial media for his currency market insights and forecasts and is based in London.
Read More

Tio Markets Video Review

Investor Protection & Regulations

“Tio Markets UK Limited is authorised and regulated by the Financial Conduct Authority (FCA), offering negative balance protection and segregation of client funds from company funds.”

Tio Markets UK Limited is authorised and regulated by the Financial Conduct Authority (FCA), as shown on the regulator’s register below:

Tio Markets also has an entity based in St. Vincent and the Grenadines that is registered as an International Business Company (IBC), and as such is not regulated.

The broker provides further security of client funds by following the below regulatory requirements:

  • Holding Funds in a segregated account from company funds.
  • Negative balance protection policy.

Tradable Products

“Tio Markets offers clients the ability to trade on more than 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices.”

Tio Markets offers clients the ability to trade on more than 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices. Below is a list of just some of the available markets for trading:

Forex Stocks
EURUSD Visa
GBPUSD Tesla
USDCAD Apple
Metals Microsoft
Gold Coca Cola
Silver Indices
Platinum AUS200
Energies DE30
Natural Gas ESP35
WTI S&P 500
UK Brent Crude UK100

* Details regarding the available assets are taken from the Tio Markets website and trading platform and are correct at the time of this review. You can find a more detailed list here.

Trading costs such as spreads and overnight funding (swap) rates vary depending on the entity, account type opened and instrument being traded and are covered further down this review.

Account Opening

“Tio Markets offers clients three main account types – Standard, VIP and a VIP Black account as well as Demo and Islamic (swap-free) accounts.”

Tio Markets offers clients three main account types – Standard, VIP and a VIP Black account as well as Demo and Islamic (swap-free) accounts. The main features of each account are summarised in the below table:

Standard VIP VIP Black
Min. deposit $50 $1,000 $3,000

Average Spreads

from

0.4 pips 0.4 pips 0.0 pips
Commissions $5 per lot $2 per lot $0 per lot
Leverage* Up to 1:30 Up to 1:30 Up to 1:30
Additional Features No fees on deposits and withdrawals No fees on deposits and withdrawals, Level 1 Education, Priority Level Support No fees on deposits and withdrawals, Advanced Education, Platinum Level Support, No limitations on lots traded, no extra charges

*It should be noted that the St. Vincent and Grenadines entity offers leverage up to 1:500.

Users can open a new account in just a few steps, as described below:

  1. Sign Up: Name, email and country of residence.
  2. Registration Form: Account currency, phone number and password.
  3. Verify Email: Confirm e-mail address.
  4. Client Profile: Residence address, date of birth and nationality.
  5. Financial Information: Questions relating to annual income, initial deposit, saving and investments and more.
  6. Trading Experience: Questions relating to previous trading experience.
  7. Client Documents: Submit proof of identity (ID or passport) and residence address (utility bill or bank statement – not more than 3 months old).

The client portal is shown below:

Tio Markets UK Ltd does not accept clients from the United States, Belgium, among others.

Deposit & Withdrawals Options

“Tio Markets offers clients the ability to deposit and withdraw funds fee-free using a variety of methods including debit/credit card, bank wire, Skrill and Neteller.”

Tio Markets offers clients the ability to deposit and withdraw funds fee-free using a variety of methods including debit/credit card, bank wire, Skrill and Neteller. The below tables show the fees and processing times for some of the payment methods available:

Deposits Currency Min Deposit Amount Fee if the amount is over 50 USD Processing Time
Bank Wire Transfer EUR, USD, GBP, CAD, AUD 50 USD No fees Up to 5 working days
Credit Card Any 50 USD No fees 1 working day

Neteller/

Skrill

Any 50 USD No fees 1 working day
Withdrawals Currency Fee if the amount is less than $50 Fee if the amount is over 50 USD* Processing Time
Bank Wire Transfer EUR, USD, GBP, CAD, AUD 25 USD No fees Up to 5 working days
Credit Card Any 5% No fees 1 working day

Clients can deposit and withdraw funds through the client portal.

Web & Desktop Trading Platforms

“Tio Markets offers clients the ability to trade on the globally recognised MetaTrader 4 platform for Windows and MAC as well as the MetaTrader 5 platform for Windows, MAC and Web.”

Tio Markets offers clients the ability to trade on the globally recognised MetaTrader 4 platform for Windows and Mac as well as the MetaTrader 5 platform for Windows, MAC and Web. The platform features are highlighted below:

Tio Markets MetaTrader 5 Web

  • Trade on multiple asset classes.
  • Real-time quotes in Market Watch.
  • Customisable price charts.
  • No download – Cross Browser Compatibility.

Tio Markets MetaTrader 4 (Windows/MAC)

  • 9 timeframes
  • 30 technical indicators.
  • Expert Advisors.
  • Downloadable for MacOS.

Tio Markets MetaTrader 5 (Windows/MAC)

  • 21 timeframes
  • Advanced charting.
  • Expert Advisors.
  • Downloadable for MacOS.

A screenshot of the Tio Markets MetaTrader 5 Windows platform is shown below and is covered in more detail in the video review.

Mobile Trading Platforms

“Tio Markets offers clients the ability to access mobile trading on the go from the MetaTrader 4 and MetaTrader 5 mobile apps for Android and iOS systems.”

Tio Markets offers clients the ability to access mobile trading on the go from the MetaTrader 4 mobile apps for Android and iOS systems. The app download links can be found in the Google PlayStore or Apple AppStore respectively.

The MetaTrader 5 mobile trading app provides a range of different features including:

  • 30 technical indicators.
  • Real-time pricing and interactive charts.
  • Depth of Market (Level 2).
  • Complete trading history.

The MetaTrader 5 mobile trading app is covered in more detail in the video review.

Trading Features

“Tio Markets does not offer any additional trading features other than what is already available through the MetaTrader trading platform but can take advantage of the MetaTrader marketplace.”

Tio Markets does not offer any additional trading features other than what is already available through the MetaTrader 4 and MetaTrader 5 trading platform.

However, users can take advantage of the MetaTrader marketplace to download thousands of additional technical indicators, automated trading strategies and copy trading services.

Commissions & Spreads

“Trading costs with Tio Markets vary, depending on account type and the market traded. Standard and VIP accounts are commission-based whereas the VIP Black account has zero commissions and raw spreads.”

Trading costs with Tio Markets vary, depending on account type and the market traded. Standard and VIP accounts are commission-based whereas the VIP Black account has zero commissions and raw spreads.

The below table shows the average spreads for both Standard and VIP accounts:

Market Average spread
EURUSD 0.4
USOIL 0.04
DE30 1.4
S&P 500 0.7

The below table shows the commission for all three accounts:

Standard VIP Black VIP
Commissions $5 per lot $0 per lot $2 per lot

For Non-Islamic accounts, overnight funding or ‘swap’ fees are charged on positions that remain open overnight (22:00) GMT. If positions are being held over the weekend a three-day ‘swap’ charge will be charged on Wednesdays.

The broker does charge a 30 USD inactivity account fee after three months of trading activity.

Bonus & Promotions

“In accordance with regulatory restrictions, the Tio Markets UK Ltd entity does not offer any bonuses or promotions. However, as the St. Vincent and Grenadines entity is not regulated there is a 25 USD trading bonus for new clients who place their first deposit.”

In accordance with regulatory restrictions, the Tio Markets UK Ltd entity does not offer any bonuses or promotions. However, as the St. Vincent and Grenadines entity is not regulated there is a 25 USD trading bonus for new clients who place their first deposit.

Customer Support

“Tio Markets offers customer support 24/5 via phone, email and live chat. The broker also has a contact form on the Contact Us page.”

Tio Markets offers customer support 24/5 via phone, email and live chat. The broker also has a contact form on the Contact Us page.

After logging into the live chat we were connected to an agent who replied to our message within 1 minute, as shown below:

Contact Information:

  • Address: 6th Floor, 8 Devonshire Square, London, EC2M 4YD.
  • Email:
    • General Enquiries: enquiries@tiomarkets.uk
    • Support: support@tiomarkets.uk
  • Phone: 0203 865 2275/2276
  • Facebook

Research

“Tio Markets offers various forms of market research including Trading Signals, Analysis, Webinars and an Economic Calendar. ”

Tio Markets offers various forms of market research including Trading Signals, Analysis, Webinars and an Economic Calendar. The main research available is described below:

  • Trading Signals: View buy and sell suggestions on the go via the TIOsignals mobile app for Android and iOS systems. Browse your preferred currency pairs, and receive notifications directly to your mobile phone when a trading opportunity arises.
  • Analysis: Comprehensive articles covering multiple markets that includes key levels, important macro drivers and economic data. This section is provided in the Tio Markets Blog.
  • Webinars: Includes market analysis, examples of trade setups and execution, strategy sessions and new and old concepts in trading. These videos are regularly uploaded to the broker’s YouTube channel and are provided by Tio Markets’ Chief Market Analyst.
  • Economic Calendar: Keep up with current and future economic events and data releases.

Overall, the research quality is high and the webinars cover relevant and interesting topics that are suitable for all types of traders.

Trader Education

“Tio Markets offers a variety of educational material through Video Tutorials, Webinars and Trading Articles.”

Tio Markets offers a variety of educational material through Video Tutorials, Webinars and Trading Articles. A breakdown is provided below:

  • Video Tutorials: Includes courses on Technical Analysis and a training series for beginner traders. Each course is made up of a 10-part video series but users will need to sign up to access all videos.
  • Webinars: The broker regularly has webinars that cover educational topics such as Managing Risk, Tools to manage a Trade, Placing Your FX First Trades On The MT4 and more. Previous webinars can also be found on the broker’s YouTube channel.
  • Trading Articles: Covers topics such as Trading with the Fibonacci retracement levels, Trading with the RSI, How to trade with moving averages? and more. The content is very detailed and easy to read but is most suitable for beginner traders.

Trading Experience

“Tio Markets provides a simple service to clients allowing them to access 120+ markets covering Forex, Metals, Energies, Stocks and Indices, all through the globally popular MetaTrader 4 and MetaTrader 5 trading platforms.

From our observations, Tio Markets provides a compelling service with access to over 120+ markets in Forex, Metals, Energies, Stocks and Indices, all of which can be accessed through the globally popular MetaTrader 4 and MetaTrader 5 trading platforms.

Clients have three account types available – Standard, VIP and VIP Black. Standard and VIP are commission-based whereas the VIP Black account has zero commission and has raw spreads. There is also great market research available that includes Trading Signals, Analysis, Webinars and an Economic Calendar. The education section also contains Video Tutorials, Webinars and Trading Articles but the material is most suitable for beginner traders.

FAQ

Is Tio Markets regulated?

Tio Markets UK Limited is authorised and regulated by the Financial Conduct Authority (FCA).

Where is Tio Markets based?

6th Floor, 8 Devonshire Square, London, EC2M 4YD.

How does Tio Markets make money?

Tio Markets makes money mainly through commissions, spreads and swaps on certain asset classes.

How do I deposit in a Tio Markets account?

Funds can be deposited into a trading account via debit/credit card, bank wire, Skrill and Neteller.

What is the min. deposit for Tio Markets?

The minimum deposit is $50.

How do I withdraw money from Tio Markets?

Withdrawals can be made via debit/credit card, bank wire, Skrill and Neteller.

What is the max leverage in Tio Markets?

1:30 for Tio Markets UK Ltd.

How do I open an account with Tio Markets?

An account can be opened at the click of a button on the Tio Markets website and can be done in just a few steps.

Does Tio Markets use MetaTrader?

Yes, MetaTrader 4 and MetaTrader 5.

Conclusion

“Tio Markets UK Limited is a Forex and CFD broker regulated in the United Kingdom by the Financial Conduct Authority (FCA). The broker offers 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices, all through the popular MetaTrader 4 and MetaTrader 5 trading platforms.”

Tio Markets UK Limited is a Forex and CFD broker regulated in the United Kingdom by the Financial Conduct Authority (FCA). The broker offers 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices, all through the popular MetaTrader 4 and MetaTrader 5 trading platforms for Web, Windows, MAC and Mobile.

Clients can choose from three account types – Standard, VIP and VIP Black. Standard and VIP accounts are commission-based whereas the VIP Black account has zero commission and has raw spreads. Demo and Islamic (swap-free) accounts are also available.

There are various fee-free funding methods available including debit/credit card, bank wire, Skrill and Neteller, but there is an inactivity account fee after three months of no trading activity.

The broker also provides various forms of market research including Trading Signals, Analysis, Webinars and an Economic Calendar. Similarly, the education section contains Video Tutorials, Webinars and Trading Articles but the material is most suitable for beginner traders. Customer Support is also available 24/5 via phone, email and live chat.

  • FCA regulated.
  • 120+ markets are available.
  • MetaTrader 4 and MetaTrader 5 available.
  • Fee-free deposits and withdrawals.

 

broker

Your capital is at risk.

See TIO Markets Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
United Kingdom
Foundation Year
2019
Regulations
FCA (United Kingdom)
Publicly Traded
No
Number Of Employees
0-50
Trading Desk Type
Dealing Desk, ECN, Market Maker, No dealing desk, STP
Restricted Countries
United States
Supported Languages
English, Spanish, German, French, Arabic, Russian, Portuguese, Japanese, Hindi, Chinese, Dutch, Latvian, Punjabi, Thai, Slovak, Taiwanese, Georgian, Polish, Czech, Estonian, Hungarian, Bulgarian, Azerbaijani, Italian, Slovenian, Albanian, Bengali, Croatian, Finnish, Lithuanian, Tamil, Farsi, Tagalog, Swedish, Ukrainian, Greek, Serbian, Vietnamese, Malaysian, Bosnian, Multi-lingual, Romanian, Brazilian, Norwey, Norwegian, Turkish, Korean, Hebrew, Filipino, Danish, Urdu, Afrikaans, Norsk, Indonesian
Min Deposit
$50
Max Leverage
1:500 (FCA)
Deposit Options
Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller
Withdrawal Options
Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller
Cryptocurrencies
Bitcoin, Ethereum, Tether
Fixed Spreads
No
Commission On Trades
No
Products
Crypto, Currencies, Commodities, CFDs, Indices, Stocks
Mini Account
Yes
Premium Account
Yes
Demo Account
Yes
Islamic Account
Yes
Segregated Account
Yes
Managed Account
Yes
Institutional Account
No
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