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Tauro Markets

Saint Vincent and the Grenadines|1-2 years|
High potential risk|

https://www.tauromarkets.com/

Website

Rating Index

Contact

complaints@tauromarkets.com
https://www.tauromarkets.com/
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent & the Grenadines

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

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Contact number

Other ways of contact

Broker Information

More

Company Name

JM Financial LLC

Abbreviation

Tauro Markets

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Tauro Markets · WikiFX Survey

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Tauro Markets · Company Summary

Tauro Markets Basic Information
Company Name Tauro Markets
Headquarters Saint Vincent and the Grenadines
Regulations Not regulated
Tradable Assets Indices, forex, metals, commodities, shares, cryptocurrencies
Account Types Classic, VIP accounts
Minimum Deposit $100
Maximum Leverage 1:500
Spreads Variable
Commission $0
Payment Methods Apple Pay, Bank Transfer, Google Pay, and more
Trading Platforms WebTrader andMetaTrader 4
Trading Tools Copy trade
Customer Support Email (support@tauromarkets.com)

Overview of Tauro Markets

Tauro Markets, situated in Saint Vincent and the Grenadines, operates as an online trading platform. It caters to traders by offering a diverse array of financial instruments, including indices, forex, metals, commodities, shares, and cryptocurrencies. With account options like Classic and VIP accounts, traders can access these assets through the MetaTrader 4 trading platform. However, it's crucial to note that Tauro Markets operates without regulatory oversight, signaling potential risks associated with unregulated trading.

Overview of Tauro Markets

Is Tauro Markets Legit?

Tauro Markets is not regulated. It is important to note that this broker does not have any valid regulation, which means it operates without oversight from recognized financial regulatory authorities. This absence of oversight can lead to limited avenues for dispute resolution, potential safety and security concerns regarding funds, and a lack of transparency in the broker's operations. It's essential for traders to conduct thorough research on a broker's regulatory status before engaging in trading activities to mitigate potential risks and ensure a safer and more secure trading experience.

Is Tauro Markets Legit?

Pros and Cons

Tauro Markets presents traders with a diverse range of trading instruments, allowing them to explore various markets and diversify their portfolios. Additionally, the platform leverages the popular MetaTrader 4 platform, providing traders with advanced trading tools and features for efficient trade execution. However, it's important to note that Tauro Markets operates without regulatory oversight, which could expose traders to potential risks due to the lack of investor protection measures. Furthermore, the platform offers limited customer support options, primarily accessible via email, which may lead to delays in issue resolution and assistance. Moreover, there is a notable absence of educational resources and transparency regarding company policies and procedures, which could hinder traders' ability to make informed decisions and understand the platform's operations thoroughly.

Pros Cons
  • Offers a wide selection of trading instruments
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Utilizes the popular MetaTrader 4 platform
  • Limited customer support options, mainly available via email
  • Lack of educational resources or transparency regarding company policies and procedures

Trading Instruments

Tauro Markets provides a diverse range of trading instruments, catering to the needs of various traders. These instruments include indices, forex, metals, commodities, shares, and cryptocurrencies.

Trading Instruments

Account Types

Tauro Markets offers two account types: the Classic account and the VIP account.

The Classic account requires a minimum deposit of $100, making it accessible to traders with varying levels of capital. On the other hand, the VIP account demands a higher minimum deposit of $3000, catering to more experienced or high-net-worth traders.

Account Types

Spreads and Commissions

For the Classic account, traders benefit from zero commissions and spreads starting from 2.0 pips, providing a cost-effective option for those seeking straightforward trading conditions. On the other hand, the VIP account maintains zero commissions but offers tighter spreads, starting from 1.1 pips.

Deposit & Withdraw Methods

Tauro Markets offers a convenient array of payment methods to facilitate funding for traders. These include popular options such as Apple Pay, Bank Transfer, and Google Pay, among others.

Trading Platforms

At Tauro Markets, traders can choose between two powerful trading platforms: the in-browser WebTrader and the renowned MetaTrader 4 (MT4). The WebTrader platform offers convenience and accessibility for launching trades directly from web browsers. Meanwhile, MT4 provides advanced features and comprehensive trading tools, available across various operating systems.

Trading Platforms

Trading Tools

At Tauro Markets, traders have access to a copy trading platform. Traders can view portfolios, statistics, risk scores, and more fellow traders, fostering an environment for sharing knowledge and strategies. Additionally, traders can engage in discussions, chat with other members, and leverage the collective expertise of the community to refine their trading strategies and make informed decisions.

Trading Tools

Customer Support

Tauro Markets provides customer support primarily through email atsupport@tauromarkets.com.

Customer Support

Conclusion

In conclusion, Tauro Markets offers traders a diverse range of trading instruments and utilizes the popular MetaTrader 4 platform, providing efficient trade execution. However, the absence of regulatory oversight and limited customer support options via email pose potential risks and challenges. Furthermore, the platform lacks educational resources and transparency regarding company policies, which may hinder traders' decision-making processes. Therefore, traders should proceed with caution and seek clarification from Tauro Markets to ensure a safer trading experience.

FAQs

Q: Is Tauro Markets regulated?

A: No, Tauro Markets operates without regulation, meaning it lacks oversight from recognized financial regulatory authorities.

Q: What trading instruments are available on Tauro Markets?

A: Tauro Markets offers a range of trading instruments, including indices, forex, metals, commodities, shares, and cryptocurrencies.

Q: What account types does Tauro Markets offer?

A: Tauro Markets provides various account types, including Classic and VIP accounts, catering to different trading preferences and experience levels.

Q: How can I contact Tauro Markets' customer support?

A: You can reach Tauro Markets' customer support primarily through email at support@tauromarkets.com.

Risk Warning

Trading online carries substantial risks, and there's a possibility of losing all your invested capital. It's crucial to recognize that not all traders or investors are suited for this type of activity. Please ensure a thorough understanding of the risks involved before proceeding. Additionally, the information provided in this review may change over time due to updates in the company's services and policies. It's recommended to verify any information directly with the company before making decisions or taking action. Ultimately, the responsibility for using the information in this review lies solely with the reader.

News

WikiFX Broker Assessment Series | Is Tauro Markets Reliable?

ExposureWikiFX Broker Assessment Series | Is Tauro Markets Reliable?

2024-05-23 15:49

In this article, we’ll look in-depth at Tauro Markets, examining its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX aims to provide you with the information you need to make an informed decision about using this platform.

WikiFX
2024-05-23 15:49
Exposure
WikiFX Broker Assessment Series | Is Tauro Markets Reliable?

Review

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