Score

2.46 /10
Danger

Tattvam Markets

Mauritius

2-5 years

Regulated in United Arab Emirates

Investment Advisory License

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

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Score

Regulatory Index1.76

Business Index6.20

Risk Management Index0.00

Software Index4.00

License Index1.76

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Tattvam Capital Markets Limited (Mauritius)

Company Abbreviation

Tattvam Markets

Platform registered country and region

Mauritius

Company website

YouTube

Linkedin

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • This broker exceeds the business scope regulated by United Arab Emirates SCA(license number: 20200000185)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

WikiFX Verification

Tattvam Markets · Company summary
Tattvam Markets Review Summary
Founded2021
Registered Country/RegionMauritius
RegulationSCA (Exceeded)
Market InstrumentsUAE shares, US shares, forex, commodities, indices
Demo Account
LeverageUp to 1:200
SpreadFrom 0.1 pips (forex)
Trading PlatformMT5
Min Deposit$1,000
Customer SupportLive chat, Contact form
Linkedin, Youtube
Tel: +23058278051 (Mauritius), +971 4 2228477 (Dubai)
Email: contact@tattvammarkets.com
Registered address: Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201, Ebene, Republic of Mauritius
Business address: Office No. 5103, 51st Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE
Regional RestrictionsThe American Samoa, the Central African Republic, the Democratic Republic of the Congo, Cuba, Côte dIvoire, Eritrea, Guam, Heard Island and McDonald Islands, Iran, Israel, Japan, Lebanon, Liberia, Libya, Mali, Northern Mariana Islands, Puerto Rico, Russia, Somalia, the Syrian Arab Republic, the United States Minor Outlying Islands, the United States of America, the Virgin Islands of the United States or Yemen clients are not allowed

Tattvam Markets Information

Founded in 2021, Tattvam Markets is a broker registered in Mauritius, offering trading in UAE shares, US shares, forex, commodities, indices with leverage up to 1:200 and forex spread from 0.1 pips on the MT5 trading platform. Demo accounts are not available and the minimum deposit requirement to open a live account is as high as $1,000.

Tattvam Markets' homepage

Pros and Cons

Pros Cons
Diverse tradable assetsExceeded regulation
Multiple account typesNo demo accounts
Flexible leverage ratiosHigh minimum deposit requirement
MT5 platformRegional restrictions
Popular payment options
Live chat support
Various contact channels

Is Tattvam Markets Legit?

No. Tattvam Markets currently has no valid regulations. It only holds an exceeded SCA license. Please be aware of the risk!

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Securities and Commodities Authority (SCA)Exceeded Tattvam Financial Advisors LLCInvestment Advisory License20200000185
Exceeded SCA license
Domain information

What Can I Trade on Tattvam Markets?

Tradable Instruments Supported
UAE shares
US shares
Forex
Commodities
Indices
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on Tattvam Markets?

Account Type

Here are five account types Tattvam Markets offers. The minimum deposit is $1,000.

Account TypeMin Deposit
UAE shares$1,000
US shares
Forex
Commodities
Indices
Account comparison 1
Account comparison 2

Leverage

Account TypeMax Leverage
UAE shares1:5
US shares1:10
Forex 1:200
Commodities 1:200
Indices 1:200

It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Tattvam Markets Fees

Account TypeSpreadCommission
UAE sharesFrom 0 pips
US sharesFrom 0 pips
Forex From 0.1 pips/
Commodities //
Indices From 0.8 pips/

Swap Rates

Each currency pair has its specific swap charge and swap rates provided as per central bank, calculated based on a standard size of 1.0 lots, equivalent to 100,000 base units. On Wednesday nights, swaps for FX, Metals, Bonds, and CFDs on Commodities are subject to a triple rate compared to the usual rate. Similarly, on Friday nights, swaps for Energies, Indices, and also incur a triple rate compared to the standard rate.

Calculator

Trading Platform

Tattvam Markets provides MetaTrader 5 for traders, which integrates all the essential elements while introducing extra capabilities and an enhanced environment tailored for EA trading. This versatile platform is compatible with PC, Mac, Android, laptop, Web, and Windows, and the website also provides instructions for downloading.

Trading PlatformSupported Available Devices Suitable for
MT5PC, Mac, Android, laptop, Web, and WindowsExperienced traders
MT4/Beginners
MT5

Deposit and Withdrawal

The broker accepts payments via Bank Transfer, Credit Card, and E-wallet.

Deposit Options

Deposit Options Fees Processing Time
Bank Transfer (SBM/MAU BANK)1-4 business days
Credit card(VISA/MASTERCARD)/1-4 business days
E-wallet(NACE/NETELLER/SKRILL)2 minutes

Withdrawal Options

Withdrawal Options FeesProcessing Time
Bank Transfer (SBM/MAU BANK)$451-3 business days
Credit card (VISA/MASTERCARD)/1-3 business days
E-wallet(NACE/NETELLER/SKRILL)1 hour
Deposit and Withdrawal 1
Deposit and Withdrawal 2

News

ExposureWikiFX Broker Assessment Series | Tattvam Markets: Is It Trustworthy?

In this article, we will conduct a comprehensive examination of Tattvam Markets, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.

WikiFX
2024-06-04 17:35
WikiFX Broker Assessment Series | Tattvam Markets: Is It Trustworthy?

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FX2201104593
6-12months
Regulated by Securities and Commodities Authority (SCA) Tattvam Financial Advisors LLC is authorized and regulated by the Securities and Commodities Authority (SCA) of the United Arab Emirates with authorization to act as a Promoter and Introducer of Financial Products and Foreign Securities (License Number 20200000185). Regulated by Mauritius Financial Services Commission (FSC) Tattvam Capital Markets Ltd is authorized and regulated by the Financial Services Commission having Investment Dealer License with 183299GBC having registered office: The Cyberati Lounge, Ground Floor, The Catalyst Silicon Avenue, 40 Cybercity, 72201, Ebene, Republic of Mauritius. Business Address : Office 5103, 51st Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE
Regulated by Securities and Commodities Authority (SCA) Tattvam Financial Advisors LLC is authorized and regulated by the Securities and Commodities Authority (SCA) of the United Arab Emirates with authorization to act as a Promoter and Introducer of Financial Products and Foreign Securities (License Number 20200000185). Regulated by Mauritius Financial Services Commission (FSC) Tattvam Capital Markets Ltd is authorized and regulated by the Financial Services Commission having Investment Dealer License with 183299GBC having registered office: The Cyberati Lounge, Ground Floor, The Catalyst Silicon Avenue, 40 Cybercity, 72201, Ebene, Republic of Mauritius. Business Address : Office 5103, 51st Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE
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2024-06-27 15:03
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SREENU5644
6-12months
Tattvam Financial Advisors LLC is authorized and regulated by the Securities and Commodities Authority (SCA) of the United Arab Emirates with authorization to act as a Promoter and Introducer of Financial Products and Foreign Securities (License Number 20200000185).
Tattvam Financial Advisors LLC is authorized and regulated by the Securities and Commodities Authority (SCA) of the United Arab Emirates with authorization to act as a Promoter and Introducer of Financial Products and Foreign Securities (License Number 20200000185).
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2024-05-27 15:42
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