Tiomarkets is a brand name for 2 financial institutions committed to combining their knowledge to offer the best possible service to clients. Tiomarkets was introduced globally to traders in December 2018, created from Trade.io which got closed down.
TIO Markets UK Ltd (European clients)
- Authorised and regulated by the FCA UK (Reference number: 488900)
- Negative Balance Protection
- FSCS Protection
- 120+ Instruments
TIO Markets Ltd (…everyone else)
- Registered in St Vincent & Grenadines
- TIOshield – Trade reversal
- 120+ Instruments
They pride themselves in offering their products and services in a fast, dependable and secure trading environment to their clients. They provide clients with the ability to trade in various markets including Forex, Energies, Cryptos, Shares, Indices.
Tiomarkets offer 3 account types for traders:
The standard free account which comes with a $6 commission per lot with all standard features and a minimum deposit of 50 USD
VIP: The VIP account has a subscription of $24.95 per month, it has a $3 commission for each lot traded and grants the user access to priority support and basic education
VIP Black: The VIP Black account costs you $49.95 per month, this removes any commissions charges from the account. This gives you access to TIOshield
The TIOshield feature adds insurance to your trades and you’ll be refunded if the market moves against you within 60 minutes.
It’s maybe rare to see brokers charging for membership in terms of an active subscription, however, you have to consider if it is worth it for a reduced commission, It would also depend on how much you trade, and what the other features offered are.
Tiomarkets operate the two MetaQuotes platforms, the MetaTrader 4 and MetaTrader 5
This is the one of the most popular trading platforms for online traders it grants instant access to global markets, this platform has a rich functionality and operation simplicity it allows automatic trading using expert advisors, professional technical analysis and mobile web and desktop trading.
Keeping all functionality of the previous version, instant market access and endless possibilities for trading, analysis and automation. MT5 is an evolution of MT4 with additional features that supercharge your trading.
Unlike many other brokers, TIOmarkets have a solid background in cryptocurrency. They are born out of the wreckage of Trade.IO, owned by FxPrimus – and as such offer zero-fee funding option in Crypto! Nice touch. Funding via crypto will send the crypto funds directly into your MT5 account.
TioMarkets provides educational resources for beginners in online trading such as webinars, educational videos, FX Glossary etc. Tiomarkets support team are ready to assist their clients in several languages, 13 in all plus English. Besides that, there are also several methods that clients can use in order to contact the customer support service and those are callback, phone call, live chat and e-mail. A quick tiomarkets review check with TrustPilot shows the broker scores 4 out of five stars rating – which is actually really good.