About tiomarkets
Who Is TIO Markets?
TIO Markets UK Limited is a London-based forex and CFD broker established on 16 January 2019. The company is regulated by the Financial Conduct Authority (FCA) under license number 488900, holding a Forex Execution License (STP). It serves retail and professional traders globally, with a focus on providing competitive trading conditions on the MetaTrader 4 and MetaTrader 5 platforms.
The broker’s registered address is 8 Devonshire Square, 4th Floor 116, London, EC2M 4YD. While the company reports zero employees, it claims to offer a low minimum deposit of $50, making it accessible to traders with smaller capital.
Regulation and Safety
TIO Markets holds one FCA license, which is a significant trust marker as the FCA is one of the most stringent regulators globally. However, the license is for a Forex Execution License (STP), meaning the broker operates as a straight-through processing firm, passing client orders directly to liquidity providers. The regulated status is verified on the FCA register.
Our aggregated industry data shows a FXCanary Scam Risk Score of 20/100, indicating low risk, though three clone/impersonator sites have been identified, which traders should beware of when accessing the broker’s services.
Account Types
TIO Markets offers four account tiers to suit different trading styles:
- VIP Black: Minimum spread from 0.3 pips, no commission, maximum leverage 1:30.
- Raw: Minimum spread from 0.0 pips, commission $6 per round-turn lot, leverage 1:30.
- Standard: Minimum spread from 1.1 pips, commission $5 per lot, leverage 1:30.
- Spread Betting: Minimum spread from 0.3 pips, no commission, leverage 1:30.
All accounts provide the same maximum leverage of 1:30, which is standard for FCA-regulated brokers. The minimum deposit is not specified for each account but is advertised as $50 overall.
Trading Platforms and Instruments
The broker exclusively offers the MetaTrader 4 and MetaTrader 5 platforms, both available for desktop, web, and mobile devices. These platforms are known for advanced charting tools, technical indicators, and support for Expert Advisors (EAs) for automated trading.
Tradable instruments are not disclosed in the provided data, but typical FCA brokers offer forex, indices, commodities, and sometimes shares and cryptocurrencies. Traders should confirm available instruments directly with the broker.
Funding and Withdrawals
Specific deposit and withdrawal methods are not detailed, but the broker claims fast processing. According to user reviews, deposits and withdrawals are generally handled efficiently, though some negative reports mention delays, particularly during weekends. The broker processes withdrawals on weekdays only, which is a common industry practice.
Traders should be aware that withdrawal complaints account for 27 mentions in reviews, with a mix of positive and negative experiences. The broker’s policy on profit withdrawals has been questioned in some reviews.
Who Is TIO Markets For?
TIO Markets is best suited for traders who prioritise tight spreads and low commissions, particularly those using the VIP Black or Raw accounts. The FCA regulation provides a high level of safety, and the low minimum deposit lowers the entry barrier. Day traders and scalpers may benefit from the fast execution reported by some users.
However, traders who generate substantial profits should be cautious, as a subset of reviews alleges difficulties withdrawing large sums. The broker may not be ideal for those who need 24/7 customer support or who trade during volatile news events, as some reports mention leverage not adjusting as expected.
Overview compiled by FXCanary from regulatory records and public data. full tiomarkets review