Score
1-2 yearsRegulated in United States
Common Business Registration
Suspicious Scope of Business
Suspicious Overrun
Medium potential risk
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Comparison
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Exposure
Score
Regulatory Index1.25
Business Index5.30
Risk Management Index0.00
Software Index4.00
License Index1.25
Single Core
1G
40G
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Company Name
EXO Broker AG
Company Abbreviation
TMi Markets
Platform registered country and region
United Kingdom
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
| TMi Markets Review Summary | |
| Founded | 2022 |
| Registered Country/Region | UK |
| Regulation | NFA (exceeded) |
| Market Instruments | Forex, cryptos, stocks, commodities, indices, energy, metals, bonds, ETFs |
| Demo Account | / |
| Islamic Account | ✅ |
| Leverage | Up to 1:400 |
| Spread | From 0.8 pips |
| Trading Platform | TMi Webtrader, TMi Mobile APP |
| Social Trading | ✅ |
| Min Deposit | $250 |
| Customer Support | Contact form |
| Email: support@tmimarkets.com | |
| Address: Curlew St, London SE1 2ND, United Kingdom | |
| Lucile-Grahn-Straße 20, 81475 München, Germany | |
| Second Floor, First St Vincent Bank Ltd Building James Street , St Vincent and the Grenadines VC0100 | |
TMi Markets was registered in 2022 in the UK. On its platform, customers can trade forex, cryptos, stocks, commodities, indices, energy, metals, bonds, and ETFs. It provides 4 types of accounts, with a minimum deposit of $250 and a maximum leverage of 1:400. More importantly, it provides social trading services. However, its license was exceeded, which means potential risks may exist.
| Pros | Cons |
| Diverse tradable assets | No MT4 or MT5 |
| Tiered accounts | Exceeded NFA lisence |
| Islamic account provided | High minimum deposit |
| Social trading services provided | No direct contact channel |
| Popular payment options |
No, TMi Markets' NFA license was exceeded. Besides, its domain status shows that client transferring is prohibited. Please be aware of the potential risks.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| National Futures Association (NFA) | Exceeded | USA | Common Business Registration | 20248071283 |
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Energy | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Bonds | ✔ |
| ETFs | ✔ |
| Options | ❌ |
TMi Markets provides 4 types of accounts, including Bronze, Silver, Gold, and Platinum. However, it does not mention whether a demo account is available or not.
| Account Type | Currencies | Min Deposit | Max Leverage | Spread | Islamic Account |
| Bronze | USD, EUR | $250 | 1:200 | From 2.2 pips | ❌ |
| Silver | $10,000 | From 1.8 pips | ✔ | ||
| Gold | $25,000 | 1:400 | From 0.8 pips | ✔ | |
| Platinum | $100,000 | From 0.8 pips | ✔ |
The leverage can be up to 1:400, which is not low. Customers need to consider carefully before investing, because high leverage is likely to bring high potential risks.
TMi Markets uses its own trading platforms, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| TMi Webtrader | ✔ | Windows, Linux, MacOS | / |
| TMi APP | ✔ | iOS, Android | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
TMi Markets provides social trading services. On its platform, customers can share their trading experiences and learn from top traders.
| Payment Options | Currencies | Fees |
| Crypto Wallets | / | / |
| Bank Transfer | EUR, USD, GBP | ❌ |
| Credit Cards | EUR, USD, GBP | ❌ |
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User comment
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CommentsWrite a review
2023-11-17 16:20
2023-11-09 17:49
