What is TIOmarkets?
TIOMarkets is a regulated offshore broker with higher leverage.
TIO Markets Ltd. is a company registered in Saint Vincent and the Grenadines as an International Business Company.
TIOmarkets is still a young offshore broker and was only founded in 2019.
Since its founding, TIOmarkets has experienced rapid growth and already offers over 14 languages.
The offer is aimed primarily at Forex traders, but other markets such as commodities, indices, cryptocurrencies, metals and stocks are also available.
Most traders who switch to TIOmarkets change mainly due to the higher leverage and unique features like subscription model and trade protection (TIOprotect).
Also unique is the possibility for traders to invest directly in a broker.
TIOmarkets’s Cryptocurrency – TIOx
TIOmarkets has introduced TIOx to the market for this purpose.
A proprietary Ethereum-based cryptocurrency that rewards investors by paying them for their investment.
It should be noted that this investment is highly speculative and only works if TIOmarkets permanently establishes itself on the market.
TIOmarkets’s trading conditions
The trading software offered by TIOmarkets includes MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
With MT4 and MT5, TIOmarkets offers the most popular Forex trading platforms around the world.
These are not only available as desktop versions but also for mobile devices, tablets and web traders.
Therefore, the most popular functions such as One Click Trading or Automated Trading Robot / Expert Advisors are available.
TIOmarkets offers different types of accounts.
These are mainly divided into tiers based on the deposit.
The VIP Black account starts at € 1000, which has RAW spreads and no commission but requires monthly contributions of € 49.95.
TIOprotect is also only available in the VIP Black account. The Signature account is intended for TIOx investors, but all clients who have an account above 1000 € are probably best with the VIP Black account.
How to open an account with TIOmarkets?
By regulation, every new client must pass some basic compliance checks to ensure they understand the risks of trading and are allowed to trade.
When you open an account with TIOmarkets, you will likely be prompted for the following items, so it’s good to have them on hand: A color scanned copy of your passport or national ID card A utility bill or statement from the past six months with your address.
You will also need to answer some basic compliance questions to confirm how much trading experience you have.
It is therefore best to take at least 10 minutes to complete the account opening process.
Although you can explore the demo account immediately, it is important to note that you cannot make any real trading transactions until you have passed compliance.