Tshan Markets Information
Tshan Markets is a newly founded brokerage company located in Australia since Jun 2024. It offers a wide range of tradable assets to global clients, these include currencies, stocks, indices, cryptos and commodities. The company offers demo accounts and relative competitive trading conditions: spread start from 0.0 pips and no commission fees.
However, it should not be neglected that the broker currently operates without any supervision from any recognized regulatory bodies.
Pros and Cons
Is Tshan Markets Legit?
The broker operates without any valid supervision from any regulatory authorities. It raises a question about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.
What Can I Trade on Tshan Markets?
Tshan Markets provides a wide selection of trading instruments, including over 120 stocks, 23+ indices, and 19 commodities. Additionally, the platform also offers access to 60 currency pairs and 5 cryptocurrencies.
Account Type/Leverage/Spread & Commission
Tshan Markets offers a demo account with virtual funds for traders to practice first without losing real money before they tap into actual trading.
A STP account is also available with efficient trading conditions: tight spread from 0 pips and charges no trading commission. Such fee structure reduces trading costs significantly so that traders can keep more of their profits.
Leverage is up to 1:500, but it should be used cautiously to manage potential risks.
However, it is worth noting that the specifics of initial deposit requirements are not disclosed, which could be a consideration for prospective traders.
Trading Platform
Tshan Markets offers a proprietary trading platform that is available to use on webterminal, iOS and Android devices.
The Tshan Markets app provides a customizable and fast-executing experience, allowing you to manage trades and execute orders directly from your phone with ease.
Moreover, you can trade over a hundred popular CFDs on this platform with just a click, benefiting from a clean and clutter-free design.
Deposit & Withdrawal
You can fund with this broker through several methods: CryptoPay, Wire Transfer, truemoney wallet, UnionPay and LocalPayment.
The platform claims to supports all banks, witth daily capital injection limit subject to the limit set by trader's bank. Processing time for deposits and withdrawals via banks is within 1 to 5 working days.
Customer Support Options
The Bottom Line
Tshan Markets is a brokerage company who offers a wide range of financial instruments for its clients. The demo account allows traders to practice their trading strategies and zero commission structure ensures cost-effective trades, espcially for frequent traders. However, the absence of regulation implies less compliance to financial rules and customer protection. So carefully weigh the pros and cons of the broker and ensure you can accept all the drawbacks before you decide to trade with them.
FAQs
Is Tshan Markets safe?
No, we cannot say that the broker is safe due to the lack of regulation.
Is Tshan Markets good for beginners?
No, though the broker offers demo accounts for testing and does not charge trading commissions, it's still not suitable for beginners because it does not provide transparent trading conditions.
What trading platform does Tshan Markets have?
Tshan Markets offers a proprietary platform available on web and mobile devices.
Risk Warning
Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.
2024-11-22 22:31
