TIO Markets

TIO Markets is a UK based regulated STP broker that offers traders a unique subscription-based model. One low monthly fee eliminates all ad-hoc commissions and fees, with their flagship subscription package the VIP Black. This no-dealing-desk broker was founded in 2018 and is therefore one of the younger companies. And it is their subscription model that makes them different from others and thus expands the offer on the market.

TIO Markets falls under the regulatory powers of the United Kingdom’s Financial Conduct Authority (FCA), which is one of the strictest regulators in the world. This also explains why TIO Markets is perceived as trustworthy, worldwide. TIOmarkets is also regulated under St Vincent’s & Grenadines.

It offers a competitively low-cost trading environment for traders of forex, commodities, stocks and more. It also offers a range of trading account types for traders of all portfolio types and sizes.

TIO Markets provides online trading through the intuitive and powerful MetaTrader 4 and MetaTrader 5 platforms. It offers more than 120 currency pairs, including all major, most minor and several exotic. Their offerings include cryptocurrencies, stocks, indices and energy. Unlike other brokers, this cryptocurrency broker only offers bitcoins, ether and litecoin. On the other hand, the stock offer includes all the world’s most popular stocks and indices incorporating corporate giants such as Apple, Amazon, American Express and Bank of America.

Newcomer support and advantageous bonuses

TIO Markets provides comprehensive education for beginners and advanced. Start-up merchants are assigned a dedicated account manager to go through the first steps and help them access the information they need. You will also be interested to know that this broker provides bonuses of up to 50% on first deposits.

Commissions and fees

Commissioning of commissions is very variable and depends on the type of account used., however the standard account charges only $6 per lot, whilst the VIP account charges $2 per lot and the VIP Black account charges $0 Per lot! Tiomarkets offers raw spreads, the average spread for a EUR / USD pair at this broker is 0.03 pip, which is extremely competitive. The most advantageous is undoubtedly the VIP Black account, for which you do not pay any commissions, but only a fee of 50 USD for a monthly membership. In addition, you can take advantage of TIOSHIELD’s negative balance protection, which allows you to get your investment back if the markets move against you.

Customer service

The TIO Markets support team is on standby 24/5 via email and live chat. They will help you with trading, financing, withdrawals and answer all your questions. If you prefer a telephone consultation, you can leave a telephone number on the contact page and expect an incoming call from their employee within a few hours at the latest. If you need quick help from them, you can use their Whatsapp, Viberr, Telegram application or live chat directly on their website.

Deposits and withdrawals

The TIO Markets broker provides convenient and secure deposits and withdrawals that are processed within a few hours, so you have quick access to your funds. Account financing is accepted via Visa, Mastercard, UnionPay, bank transfer, Neteller, Skrill, Bitcoin, Ethereum, USDT and TioX. Deposits and withdrawals are free, but we cannot guarantee that the payment provider will not charge any separate fees.

It’s good to know that this broker doesn’t accept third-party payments in principle. All funds deposited into your account must be under the same name as your TIO Markets trading account.

Review summary

Opening an account with TIO Markets will help you save some trading costs when choosing the right account, while also providing the opportunity to use the popular and powerful Metatrader platform for use on multiple devices.This broker is a well-regulated and trusted intermediary offering a range of trading tools that increase user experience.