TTS Markets Review

At FXCanary, our review process begins with a thorough cross‑check of a broker’s claims against public registries and real‑world user experiences. For TTS Markets, we started by verifying its incorporation records in the United Kingdom, its sole regulatory license with Japan’s Financial Services Agency (FSA), and the aggregated feedback from actual traders posted on review platforms and complaint boards. We also examined the broker’s corporate structure, employee count, and any clone warnings that have been flagged by industry watchdogs.

This multi‑source approach gives us a 360‑degree view of a broker’s trustworthiness. For TTS Markets, the contrast between the broker’s polished marketing and the stark user complaints was immediate and concerning. In this article, we walk you through every finding so you can decide for yourself whether this broker deserves your capital.

TTS Business Solutions Private Limited was incorporated on 11 March 2019 at a London address: 20‑22 Wenlock Road, N1 7GU. A search of UK Companies House reveals the company has 0 employees and appears to be a dormant shell. It is not authorised by the Financial Conduct Authority (FCA) and has no permission to conduct financial services business in the UK. For a broker that claims to serve retail traders worldwide, the lack of any operational footprint in its registered country is a glaring anomaly.

The broker’s legal name and address are typical of thousands of ‘off‑the‑shelf’ companies that can be purchased for a nominal fee. Internet searches also return results indicating that TTS Markets is listed on some industry databases as a “suspicious clone,” likely because its marketing materials may be misappropriating the name or license of a legitimate entity. We found no evidence of a physical office or active staff, which aligns with the 0‑employee filing.

For traders, a broker with no local regulatory oversight and zero staff presents an immediate risk: if things go wrong, there is essentially no one to hold accountable. The London address provides a veneer of respectability, but it carries no regulatory weight.

TTS Markets asserts it is regulated by the Financial Services Agency (FSA) of Japan under license number 関東財務局長(金商)第3388号. At first glance, a license from a G‑7 regulator may seem reassuring. However, our cross‑check against the FSA’s public register revealed several issues. First, the license is an “Inst Deriv Trading License (AGN),” which is a category specific to derivative instruments, but the status field was empty in the records we accessed, meaning we could not confirm whether it is currently active.

Second, Japan’s FSA is a domestic regulator. While it supervises firms that offer financial services to Japanese residents, its reach over overseas operations is limited. For a UK‑registered company with a global clientele, this license does little to protect clients outside Japan. In practice, a broker that is only regulated in one jurisdiction but courts clients from dozens of others often does so to exploit regulatory gaps.

We also compared the license number against known legitimate FSA registrants. The number format appears genuine, but the broker’s complete lack of any other registration—especially in the UK—raises the possibility that the license may have been cloned or is being used without permission. Aggregated industry databases explicitly flag TTS Markets as a suspicious clone, which aligns with our own assessment. Traders should view this Japanese license as a claim, not an assurance.

TTS Markets advertises an unusually broad suite of account types: Classic, Pro, Vip, Fixed Spread, Islamic, Mini, and Cent. Minimum deposits range from $1 (Cent) to $50,000 (Vip), and leverage varies from 1:300 to 1:1000. On the surface, this segmentation is designed to capture everyone from micro‑investors to high rollers.

The Cent and Mini accounts with $1‑$10 minimums and leverage up to 1:1000 will appeal to beginners and those who want to trade very small sizes. However, such extreme leverage is a double‑edged sword: while it amplifies potential gains, it equally magnifies losses. Regulated brokers in major jurisdictions typically cap leverage at 1:30 for retail clients to protect them. Offering 1:1000 is a hallmark of offshore, high‑risk brokers that profit from client losses.

The Pro and Vip accounts demand higher deposits but offer tighter spreads from 0.6 and 0.1 pips respectively. Yet, the lack of any disclosed commission structure—the broker claims zero commissions—makes the cost picture opaque. Usually, accounts with spreads below 1 pip carry a separate commission; advertising otherwise can be misleading. Furthermore, no information is provided on execution quality, slippage, or whether the broker operates a market‑maker model.

The broker’s website states it accepts deposits via Visa, Mastercard, Neteller, Skrill, and bank transfer. However, critical details such as processing times, fees, and minimum/maximum transaction limits are conspicuously absent. More troublingly, there is no clear withdrawal policy posted anywhere we could find. Without a published withdrawal framework, the broker retains absolute discretion over when—or if—client funds are returned.

Real‑user reviews amplify this concern to alarming levels. Every withdrawal‑related comment we gathered accuses the broker of stonewalling. One client wrote, “When initiated for withdrawal my money (2 Lakhs) he will not process it... I’m waiting almost 10 months.” Another concurred: “No response for withdrawals. Tamil and Abdul are very bad, playing with public fund.” A third reviewer claimed losses of ₹50,000 and called the operation a “100% fraud.”

This pattern is a classic red flag: a broker that eagerly accepts deposits but then becomes unreachable or fabricates excuses when clients request their money. In FXCanary’s experience, such behaviour strongly suggests that the broker has no intention of returning funds. For a legitimate broker, withdrawal requests should be processed within a few business days, and any delays should be communicated transparently. TTS Markets fails this basic test completely.

From a product perspective, TTS Markets offers a standard roster of 36 currency pairs, metals, CFDs, and cryptocurrencies. This covers most of what a retail trader would need, though the absence of individual stock CFDs or popular indices may limit some strategies. The broker promotes MetaTrader 5 as its sole platform. MT5 is a powerful, industry‑standard platform that supports advanced charting, automated trading via Expert Advisors, and a multi‑asset architecture.

However, the copy‑trading feature that the broker heavily markets on YouTube deserves scrutiny. Multiple users complained that the copy trading service did not work as advertised after they deposited money. One reviewer stated, “By viewing Copy trading videos in YouTube, Mr. Tamil is creating a big faith... But which is not actually happening after transferring the funds.” This suggests that the broker uses copy trading as a bait‑and‑switch tactic, promising easy profits to lure in deposits.

The broker’s own company description makes no mention of the copy‑trading provider or whether the signal providers are verified. Without transparency, there is a risk that the trades being copied are designed to churn accounts or generate high spreads and commissions for the broker, rather than deliver real returns.

TTS Markets advertises spreads from 0.1 pips on the Vip account and from 1.8 pips on entry‑tier accounts, with no commissions. On the surface, this looks competitive, especially for high‑volume traders. However, the real cost of trading is often hidden in the spread markup and requotes, particularly with a market‑maker broker. Without an ECN or STP model, the broker can widen spreads arbitrarily during volatility.

Moreover, the broker discloses no other fees: no overnight swap charges, no inactivity fees, no withdrawal fees. Real user reviews never mention fees, but the repeated failure to process withdrawals suggests that clients may face a different kind of “fee”—the total loss of their deposit. In FXCanary’s analysis, the advertised low spreads are likely a marketing gimmick to attract deposits, with no realistic expectation that they reflect the true trading cost.

Our review found exactly four reviews on Trustpilot, all rated 1‑star. The themes are unanimous: deposits are accepted without trouble, but withdrawals are blocked indefinitely. Support vanishes as soon as money is in the account. Several reviewers name two individuals—Tamil and Abdul—as the primary points of contact who allegedly orchestrate the scheme.

Quotes like “Dear All, When initiated for withdrawal my money... he will not process it also. I am waiting almost 10 months” and “Tamil is a 100% fraud person. please dont trust him. i have lost my 50k money” are direct, detailed, and leave little room for misunderstanding. The reviews are not isolated venting; they form a consistent narrative of a broker that extracts deposits under false pretenses.

There are no positive reviews. Not a single user praised the platform’s speed, the copy‑trading results, or the support team. In FXCanary’s experience, even problematic brokers occasionally attract a satisfied customer or a fake positive review. The complete absence of any favourable feedback is a powerful indicator that genuine traders have not had a positive experience here.

TTS Markets holds a Trustpilot score of 2.6 out of 5—but this is based on just 4 reviews, all negative. Such a small sample means the average is dragged to rock bottom, but the more important point is the unanimous nature of the complaints. No review sits above 1‑star. In comparison, even brokers with middling reputations typically see a spread of reviews, including some 4‑ and 5‑star ratings from temporary winners.

On Forex Peace Army, there is no rating at all for TTS Markets, which suggests the broker has not yet been widely reviewed on that platform. Aggregated industry databases, which we consulted, flag the broker as a suspicious clone and assign it a scam risk score of 34 out of 100—placing it firmly in the “Guarded” category. This is a high‑risk designation, concurring with what the user reviews tell us.

Our investigation paints a deeply worrying picture of TTS Markets. The broker operates through a zero‑employee shell company in the UK, relies on a single Japanese license whose status we could not fully verify, and has attracted nothing but 1‑star reviews accusing it of withholding withdrawals and perpetrating fraud. The aggressive marketing on YouTube, centered around a charismatic individual, targets retail traders with promises of copy‑trading profits, but the reality is that funds go in and never come out.

The Scam Risk Score of 34/100 (Guarded) reflects these findings. In FXCanary’s rating scale, any broker scoring below 40 is considered too hazardous for retail traders. We recommend that no trader, regardless of experience or risk appetite, deposit money with TTS Markets. If you have already funded an account, we advise you to attempt a withdrawal immediately—though the user record suggests this will likely be futile—and to be prepared to escalate the matter to your local financial ombudsman or law enforcement. Avoid this broker completely.