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TIOmarkets Review
TIOmarkets is a multi entity forex broker. Its UK arm is FCA regulated, but its Cyprus arm is giving up its licence and its offshore arm draws watchdog warnings.
Min Deposit
$20
Spreads From
0.0 pips on the Raw account, plus commission
Max Leverage
1:30 for FCA regulated UK retail clients, unlimited leverage marketed for the offshore entity
Platforms
MT4, MT5
Pros
- FCA authorised UK entity with reference number 488900 since 2009
- Confirmed CySEC licence 429/23 for its Cyprus trading entity
- Wide range of accounts including MT4, MT5, copy trading, and PAMM
- Segregated client funds and FSCS cover for eligible UK clients
Cons
- Its Cyprus entity TioMarkets CY Ltd is giving up its CySEC licence
- Offshore Comoros entity flagged by watchdog site FinTelegram
- Advertises unlimited leverage and bonuses not allowed for FCA clients
- Three separate legal entities share one brand, which can confuse clients
TIOmarkets is a forex and CFD broker trading through several linked companies. TIO Markets UK Limited serves UK residents, TioMarkets CY Ltd served EU clients, and TIO Markets Ltd, in Saint Vincent and the Grenadines, serves clients elsewhere. All three share one brand, website design, and trading software.
The FCA register confirms TIO Markets UK Limited holds reference number 488900, authorised since 2009. CySEC confirms licence 429/23 for TioMarkets CY Ltd, but its register shows this Cyprus entity is under examination for voluntary renunciation, so it takes no new clients. The Saint Vincent entity relies on a Comoros licence BestForex.io could not verify.
Watchdog site FinTelegram has repeatedly flagged the offshore TIOmarkets entity, and reports regulators in Spain and Italy both warned against it. The main site advertises unlimited leverage and a 30 percent deposit bonus, offers FCA and CySEC rules do not allow retail clients, so these most likely apply offshore only.
Min. Deposit
USD 20
Max Leverage
1:30 for FCA regulated UK retail clients, unlimited leverage marketed for the offshore entity
Spreads From
0.0 pips on the Raw account, plus commission
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
