Tag Markets Broker Review: Regulated but Is It Safe for Traders?

Tag Markets is a forex and CFD broker offering access to multiple financial markets through MetaTrader 5. According to WikiFX, the Tag Markets broker has been operating for between two and five years and currently holds a WikiScore of 5.95 out of 10.

View WikiFXs full review on Tag Markets here: https://www.wikifx.com/en/dealer/1303209809.html

WikiFX lists the broker as regulated in Mauritius and identifies its licence as a Securities Trading License. However, the platform also categorizes Tag Markets regulation as offshore regulation, which prospective clients should take into consideration.

Contents

01

Tag Markets Regulation and Licenses

02

Trading Accounts and Conditions of Tag Markets Broker

03

What Can You Trade with Tag Markets Broker?

04

Is Tag Markets Broker Worth Considering?

Tag Markets Regulation and Licenses

Yes. According to WikiFX, Tag Markets operates through T.M. Financials Ltd, which is regulated by the Financial Services Commission of Mauritius. The company holds a Securities Trading License under licence number GB21026474.

Tag Markets also explicitly states that it is not authorised or regulated by an authority in the European Union and that clients do not receive EU investor compensation protections.

Trading Accounts and Conditions of Tag Markets Broker

Tag Markets currently promotes five account types: Zero, Pro, Cent, Islamic and Amplify.

According to the broker's website, its Zero account requires a minimum deposit of $10, offers average spreads from 0.7 pips and charges no commission. Maximum leverage reaches 1:500.

WikiFX records leverage of up to 1:500 across the Zero, Pro, Cent and Islamic accounts. The Pro account features spreads from 0.1 pips with a commission of $5 per side. The Amplify account differs by offering maximum leverage of 1:30.

Tag Markets promotes Amplify as an alternative trading model through which the broker can increase qualifying deposits by up to 12 times. Traders should carefully review all conditions attached to such an account before participating.

What Can You Trade with Tag Markets Broker?

The broker Tag Markets provides exposure to six main categories of financial instruments: forex, cryptocurrencies, metals, commodities, indices and stocks.

MetaTrader 5 is a key part of the trading environment. WikiFX verifies Tag Markets as holding a full MT5 licence and currently records one MT5 server with an average execution speed of 162.25 milliseconds.

The official website also offers demo trading and promotes its proprietary CopyX service, which allows users to copy the strategies of other traders.

Is Tag Markets Broker Worth Considering?

This review Tag Markets shows a broker with a relatively broad product selection, multiple account choices, MetaTrader 5 support and a low entry requirement.

From a Tag Markets regulation perspective, the most important point is that WikiFX confirms T.M. Financials Ltd as regulated by the Mauritius FSC under licence number GB21026474. At the same time, WikiFX classifies this as offshore regulation and currently gives the broker a 5.95 out of 10 WikiScore.

Traders should therefore weigh the available trading conditions against the level of regulatory protection, carefully read the account and withdrawal terms, and understand the risks associated with leveraged CFD trading before depositing funds.