Score
Taurex
United Kingdom|5-10 years| https://www.tradetaurex.com/en/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
GermanyContact
Licenses
Single Core
1G
40G
1M*ADSL
- The Seychelles FSA regulation with license number: SD092 is an offshore regulation. Please be aware of the risk!
Basic information
United Kingdom
Account Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
zenfinex.global
Server Location
United States
Website Domain Name
zenfinex.global
Server IP
172.67.207.138
-
taurexleague.com
Server Location
United Kingdom
Website Domain Name
taurexleague.com
Server IP
35.214.81.125
-
tradetaurex.com
Server Location
United States
Website Domain Name
tradetaurex.com
Server IP
172.67.70.40
Genealogy
VIP is not activated.Company Summary
| Broker | Taurex |
| Regulatory Status | FCA |
| Trading Assets | Over 1000 options including Forex, cryptos, shares, indices, metals, and commodities |
| Account Types | Standard Zero, Pro Zero, Raw |
| Minimum Deposit | $100 for Standard Zero, $500 for Pro Zero and Raw |
| Leverage | Up to 1:1000 |
| Spreads | From 0.0 pips |
| Commission | No Commission for Standard Zero and Pro Zero, $2.0 per side for Raw |
| Trading Platform | MetaTrader 4, MetaTrader 5, and Taurex App |
| Customer Support | 24/5 live chat, email, and phone support |
| Educational Resources | Real-time updated market news and daily market analysis |
Taurex Information
Taurex is a prominent brokerage situated under the regulation of the FCA. The company offers a broad assortment of over 1000 trading assets that include Forex, cryptos, shares, indices, metals, and commodities, aimed at addressing the varied interests of traders.
The maximum leverage provided by Taurex extends up to 1:1000, giving traders significant trading capacity. The spreads offered by Taurex start from 0.0 pips. While Standard Zero and Pro Zero accounts enjoy the benefit of no commission, the Raw account is charged a commission of $2.0 per side. For its trading platforms, Taurex provides compatibility with MetaTrader 4, MetaTrader 5, and their in-house Taurex App.
Is Taurex Legit?
Taurex Limited, authorized and regulated by the Financial Conduct Authority (FCA), with Regulatory License No. 816055.
Taurex Global Limited, offshore regulated by the Seychelles Financial Services Authority (FSA) with Regulatory License No. SD092.
Pros & Cons
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Market Instruments
Taurex offers investors more than 1000 financial instruments including Forex (over 50 currency pairs), cryptos, shares, indices, metals, and commodities.
Account Types
Taurex offers a range of account types which include the Standard Zero, Pro Zero, and Raw.
The Standard Zero account requires a minimum deposit of $100 and spreads as low as 1.6.
The Pro Zero account requires a higher minimum deposit of $500 but offers similar features to the Standard Zero account. The Pro Zero account stands out with its lower spreads, which can go down to 1.2.
Standard Zero account and Pro Zero account do not charge commissions.
The Raw account offered by Taurex requires a minimum deposit of 500. An impressive feature of the Raw account is its extremely tight spreads which can reach as low as zero.
These accounts allow for forex leverage up to 1:1000 and CFD Leverage (for Indices & Commodities) up to 1:1000. There are over 1500 instruments available to trade, which comprise Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies.
They also offer Islamic accounts, also known as Swap Free accounts, to accommodate our clients' religious beliefs.
| Standard Zero | Pro Zero | Raw | |
| Minimum Deposit | $100 | $500 | $500 |
| Forex Leverage up to | 1:1000 | 1:1000 | 1:1000 |
| CFD Leverage (Indices & Commodities) up to | 1:1000 | 1:1000 | 1:1000 |
| Instruments | 1500+ (Forex, Metals, Shares. Commodities, Indices, Cryptocurrencies) | 1500+ (Forex, Metals, Shares. Commodities, Indices, Cryptocurrencies) | 1500+ (Forex, Metals, Shares. Commodities, Indices, Cryptocurrencies) |
| Execution | ECN | ECN | ECN |
| Spreads as low as | 1.6 | 1.2 | 0 |
| Commission | $0 | $0 | Up to $2.0 per side |
Leverage
Taurex provides a maximum leverage of 1:1000 for its account holders. This means that, for every one dollar in their account, traders can take control over assets up to the value of $1000.
Spreads & Commissions
In terms of spreads and commission, Taurex offers competitive conditions for its traders.
For spreads, which refer to the difference between the buy and sell prices of a currency pair or asset, Taurex presents very low amounts. For instance, in the Standard Zero and Pro Zero accounts, spreads can go as low as 1.6 and 1.2 respectively. More impressively, spreads in the Raw account can go down to zero.
For commissions, while trading with the Standard Zero and Pro Zero accounts, traders enjoy zero commission on trades. This is an attractive offer for traders who prefer a cost structure that is mainly spread-based. However, with its Raw account, Taurex implements a commission structure that charges up to $2.0 per side. This can be advantageous for traders who give priority to super low spreads and don't mind a commission-based pricing model.
Trading Platform
Taurex offers a suite of trading platforms that cater to different trading needs and preferences. These platforms are designed to enhance your trading experience and help you tailor your trading to your specific needs.
- MetaTrader 4 (MT4): MT4 is renowned for its user-friendly interface and efficiency. It provides you with access to a wide range of powerful trading tools to help you get the most out of your trading.
- MetaTrader 5 (MT5): MT5 takes trading to the next level. It's known for its advanced features and ultra-reliable performance. Just like MT4, MT5 supports one-click trading and provides robust charting tools and technical indicators, but it also houses additional powerful features which include more types of orders, more indicators, and more tools for technical analysis.
- Taurex App: The Taurex App delivers an intuitive, seamless, and unrivaled mobile trading experience. It's designed to make trading on-the-go as easy and efficient as possible. With its user-friendly interface and robust suite of features, trading convenience is truly at your fingertips.
Deposits & Withdrawals
Taurex offers flexible funding options to cater to the varying needs of its users. The payment methods supported by Taurex span a diverse range, allowing for easy account funding. Users can opt for digital wallet services like Skrill and NETELLER, which provide fast and secure transactions.
Taurex also accepts major credit and debit cards such as VISA and Mastercard, which are widely used due to their convenience. Moreover, wire transfers are supported for those who prefer traditional bank transactions.
Customer Support
Taurex provides various channels for contact and support to ensure comprehensive assistance for its users around the globe:
- Live Chat: Taurex provides 24/5 live chat support for instant help from their team of experts.
- Email Support: Depending on the region, users can reach out via different email addresses as follows:
- For Global users: support@tradetaurex.com
- For LATAM: contacto@tradetaurex.com
- For Asia: asiasupport@tradetaurex.com
- For MENA: menasupport@tradetaurex.com
- For Africa: africasupport@tradetaurex.com
- Phone Support: Users who prefer phone communication can find their regional contact numbers below:
- For Global inquiries: +2484632026
- For LATAM - Mexico: +578005189634
- For Asia: +601548738822
- For Mexico: +528004610426
- For MENA: +97145429103
- For Africa: +23233996965
Educational Resources
Regarding educational resources, Taurex provides real-time updated market news and daily market analysis updates based on your personal preferences.
Frequently Asked Questions
What is the maximum leverage available at Taurex?
Taurex provides a maximum leverage of 1:1000 for its account holders.
Which trading platforms does Taurex support?
Taurex supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the Taurex App for trading.
Does Taurex charge a commission on trades?
While there are no commissions for the Standard Zero and Pro Zero accounts, the Raw account charges up to $2.0 per side.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors.
Keywords
- 5-10 years
- Regulated in United Kingdom
- Regulated in Seychelles
- Market Making(MM)
- Retail Forex License
- MT4 Full License
- White label MT5
- Global Business
- Medium potential risk
- Offshore Regulated
News
News Taurex Launches Innovative Trading App for All Levels of Traders
Taurex introduces a new trading app offering over 1,500 CFDs, robust risk management, and global 24/5 support.
2024-05-16 13:54
Review Daily Market Update: Stocks Mixed, Gold Hits Record High
Fed policy, European data, and commodity prices drive market moves A look at today's key market news and Trading Central's insights Your snapshot of the day's market action
2024-04-04 11:23
Review DAILY MARKET NEWSLETTER | April 3, 2024: Stocks Slip, Oil and Gold Gain, Bitcoin Volatile
Market Trends and Trading Central's Daily Outlook
2024-04-03 11:39
Review DAILY MARKET NEWSLETTER - April 2, 2024: Mixed Markets, Dollar Strengthens on Manufacturing Data
Key Movers, Intraday Strategies, Forex Focus US Stocks, Bonds, Commodities, and Currencies Essential Analysis for Today's Trading
2024-04-02 14:02
Activity Taurex's IB Reward Program: A Forward-Thinking Partnership Approach
Partner with Taurex, Unlock Exclusive IB Benefits and Build Your Trading Business
2024-04-01 13:10
Review March 21, 2024 DAILY MARKET NEWSLETTER: Fed Hints at Rate Cuts, Stocks Surge
Consider including the date in your title for clarity.
2024-03-21 13:56
Review 17
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Mr. Rolex
Portugal
Zenfinex is very easy for you to deposit, trade, and lose money. Beside slippages on orders when placing the withdraw they claim that you need to verify your crypto wallets, when in fact the account is fully verified!!! Upon sent all the demands they still claim they didn't receive and not process the withdraw!!!
Exposure
2023-06-21
Aluke876
Singapore
Copy trading with Taurex is amazing, and I had several profits since trading on this platform. However, at times, Taurex's customer support can be slow.
Neutral
07-26
RussellPierce
United Kingdom
Taurex shares access to many markets even with subscribers of the most basic account. It impresses me above all. It’s really affordable then. No too crazy leverage, it’s smooth and 1:1000. To me, one the one hand, it is about all the same as almost any other forex and CFD broker. But, to the other hand, it’s very refreshing. “Sentiment” on their platform is very informative if you want to stay up to date about markets.
Positive
11-30
LeoFairchild
United Kingdom
I can't call my experience with taurex bad or tell that something was wrong. Actually not, instruments selection was great, both meta traders 4-5 platforms available, regulations are in place, even pamm accounts available. Though, I can`t observe some distinctive features that can make them stand out from the crowd.
Positive
11-14
GraysonJones
United Kingdom
I read an article that led me to using this broker. I was so stunned with the dept of knowledge I got that led me here and honestly it’s been amazing so far! If you’ve used the app you can testify to your financial interest satisfied right? I mean the broker might not be the popular jingo but it gets the work done and not just any work but QUALITY WORK!! I am happy to be a part of the trading community within this platform.
Positive
11-10
Majed_A
Saudi Arabia
They have a stable platform, but their fees and customer support require some work. However, there are not enough resources for beginners, but it works well for experienced traders. Overall, I enjoy their services.
Positive
11-07
YongLim
Singapore
From an interest spread starting from absolute zero (0), it only costs $2 each time! I would really accept this quote because, for original type customers, this quote seems to be below industry standards. In addition, there are more than 1500 assets, so as long as you find the assets you want to trade and increase your income. I have been working with some forex professionals and foreigners for quite a long time 😉"
Positive
11-05
zidang
United States
I've been trading with Taurex recently and it's been a stellar experience. The commissions are some of the lowest I've seen, and they've been pretty generous with bonuses too. Also, kudos to their customer service - prompt and always ready to help. What impresses me the most is the speed of deposits and withdrawals, it's nearly instant. If you're looking for a broker that makes trading a breeze, I'd highly recommend Taurex.
Positive
05-16
゛╭ァonly me℡on
South Africa
One of the stunning aspects of trading with Taurex is their unbelievably low spreads and zero commissions. I had taken a long position on the EUR/USD pair, anticipating a major shift in the pair due to imminent policy changes in the European Central Bank. As the policy changes rolled out, as expected, the EUR/USD pair surged in the direction I had anticipated. Thanks to Taurex's superior and real-time market data, it was an effortless process to monitor and manage the trade. Closing the trade and making a handsome profit was a fulfilling outcome of my anticipation and Taurex's excellent platform.
Positive
2023-11-30
Carlzig6010
Australia
As an active trader from Singapore exploring global brokerages, opening a trading account with Taurex has proven a boon for my goals. Unlike previous experiences, account approval with Taurex took less than a day through seamless video verification. Their account dashboard provides real-time monitoring of my open positions, orders and trading history neatly categorized across device access - essential for informed decisions.
Positive
2023-11-28
春季里开花十四五六
Tunisia
Around a month ago I ran across this company, I can’t even name it a forex broker, because it has all the characteristics of a reliable brokerage company. It is well-regulated by several regulatory bodies in various jurisdictions. It is in my top-5 list of all-time favourites!
Positive
2023-02-28
Habu Musa
Nigeria
I love this company and the service it offers!
Positive
2022-12-05
FX1224969118
Egypt
I don't know how to use this app
Positive
2022-12-01
满心欢喜44464
Spain
I love this company and the service it offers! All types of trading conditions are very friendly, the minimum deposit is very low, MT4 and MT5 platforms are provided, and it also allows you to test it with a demo account before you start trading. Leverage is low, but I think it's important for most people to learn to control risk.
Positive
2022-11-23
FX1355090736
Egypt
Covenant
Positive
2022-11-07
FX1355090736
Egypt
Allah is the greatest
Positive
2022-11-07
FX1355090736
Egypt
Hello
Positive
2022-11-07