Score
Saint Vincent and the Grenadines
|
2-5 years
| https://www.tauromarkets.com/
Website
Rating Index
Influence
C
Influence index NO.1
Italy 4.60
LicensesNo valid regulatory information, please be aware of the risk!
Saint Vincent and the Grenadines
tauromarkets.com United States
VIP is not activated.
| Tauro Markets Review Summary | |
| Founded | 2022-10-04 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex/Indices/Commodities/Shares/Cryptocurrencies/Metals |
| Demo Account | ❌ |
| Leverage | / |
| Spread | From 0.0 pips |
| Trading Platform | MT4/WebTrader(Windows/iOS/Android/Web) |
| Min Deposit | $100 |
| Customer Support | Email: support@tauromarkets.com |
| Live chat | |
Tauro Markets is a broker. Its tradable instruments include forex, indices, commodities, shares, cryptocurrencies, and metals. The broker also provides three accounts. The minimum spread is 0.0 pips, and the minimum deposit is $100. However, due to its unregulated status, Tauro Markets is still risky.
| Pros | Cons |
| MT4 available | Unregulated |
| 24/5 customer support | Unspecific transfer time and fee information |
| Various tradable instruments | Unclear swap fee |
| Spread from 0.0 pips |
Tauro Markets is not regulated, making it less safe than regulated brokers.
Tauro Markets offers a wide range of market instruments, including forex, indices, commodities, shares, cryptocurrencies, and metals.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Stocks | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Tauro Markets has three account types: classic, VIP, and raw. Traders who want low spreads can choose a raw account, while those with a small budget can open a classic account.
| Account Type | Classic | VIP | Raw |
| Spreads from | 1.4 | 0.8 | 0.0 |
| Commission | $0 | $0 | $3 |
| Minimum Deposit | $100 | $1500 | $3000 |
The spread starts from 0.0 pipsand the commission is from $0. The lower the spread, the faster the liquidity.
Tauro Markets cooperates with the authoritative MT4 trading platform and propriety WebTrader trading platform available in Windows, iOS, Android, and web to trade. Junior traders prefer MT4 over MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows/iOS/Android | Junior traders |
| WebTrader | ✔ | Web | - |
The minimum deposit is $100. Tauro Markets accepts Visa, Wire Transfer, and MasterCard for deposit and withdrawal. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.
In this article, we’ll look in-depth at Tauro Markets, examining its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX aims to provide you with the information you need to make an informed decision about using this platform.
Unfortunately, Tauro Markets only offers MT4 and WebTrader, so if you’re looking for MT5, you’ll be disappointed. Personally, I prefer using MT4, but I know some traders would prefer the newer features of MT5.
Personally, I’d be cautious since Tauro Markets is unregulated. This means there's no oversight from financial authorities, and for me, that adds an element of risk. I prefer working with regulated brokers for peace of mind.
Tauro Markets accepts Visa, Wire Transfer, and MasterCard, which I think are convenient options. However, I’d like more details on the processing times and fees for each method, as those are not clear.
Unfortunately, Tauro Markets doesn’t provide a demo account, which is a bit of a downside for me. As someone who likes to practice before going live, I would prefer if they offered one to allow me to get familiar with their platform.
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