“Tio Markets UK Limited is a Forex and CFD broker regulated in the United Kingdom by the Financial Conduct Authority (FCA). The broker offers 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices, all through the popular MetaTrader 4 and MetaTrader 5 trading platforms.”
Tio Markets UK Limited is a Forex and CFD broker regulated in the United Kingdom by the Financial Conduct Authority (FCA). The broker offers 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices, all through the popular MetaTrader 4 and MetaTrader 5 trading platforms for Web, Windows, MAC and Mobile.
Clients can choose from three account types – Standard, VIP and VIP Black. Standard and VIP accounts are commission-based whereas the VIP Black account has zero commission and has raw spreads. Demo and Islamic (swap-free) accounts are also available. There are various fee-free funding methods available including debit/credit card, bank wire, Skrill and Neteller.
The broker also provides various forms of market research including Trading Signals, Analysis, Webinars and an Economic Calendar. Similarly, the education section contains Video Tutorials, Webinars and Trading Articles but the material is most suitable for beginner traders. Customer Support is also available 24/5 via phone, email and live chat.
Pros: | Cons: |
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☑️ Regulations | FCA (United Kingdom) |
🗺 Supported Languages | Afrikaans, Albanian, Arabic, Azerbaijani, Bengali, Bosnian, Brazilian, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Farsi, Filipino, Finnish, French, Georgian, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malaysian, Multi-lingual, Norsk, Norwegian, Norwey, Polish, Portuguese, Punjabi, Romanian, Russian, Serbian, Slovak, Slovenian, Spanish, Swedish, Tagalog, Taiwanese, Tamil, Thai, Turkish, Ukrainian, Urdu, Vietnamese |
💰 Products | Crypto, Currencies, Indices, Commodities, Stocks |
💵 Min Deposit | $50 |
💹 Max Leverage | 1:500 (FCA) |
🖥 Trading Desk Type | Dealing Desk, ECN, Market Maker, No dealing desk, STP |
📊 Trading Platforms | |
💳 Deposit Options | Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer |
💳 Withdrawal Options | Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer |
🤴 Demo Account | Yes |
🗓 Foundation Year | 2019 |
🌎 Headquarters Country | United Kingdom |
“Tio Markets UK Limited is authorised and regulated by the Financial Conduct Authority (FCA), offering negative balance protection and segregation of client funds from company funds.”
Tio Markets UK Limited is authorised and regulated by the Financial Conduct Authority (FCA), as shown on the regulator’s register below:
Tio Markets also has an entity based in St. Vincent and the Grenadines that is registered as an International Business Company (IBC), and as such is not regulated.
The broker provides further security of client funds by following the below regulatory requirements:
“Tio Markets offers clients the ability to trade on more than 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices.”
Tio Markets offers clients the ability to trade on more than 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices. Below is a list of just some of the available markets for trading:
Forex | Stocks |
EURUSD | Visa |
GBPUSD | Tesla |
USDCAD | Apple |
Metals | Microsoft |
Gold | Coca Cola |
Silver | Indices |
Platinum | AUS200 |
Energies | DE30 |
Natural Gas | ESP35 |
WTI | S&P 500 |
UK Brent Crude | UK100 |
* Details regarding the available assets are taken from the Tio Markets website and trading platform and are correct at the time of this review. You can find a more detailed list here.
Trading costs such as spreads and overnight funding (swap) rates vary depending on the entity, account type opened and instrument being traded and are covered further down this review.
“Tio Markets offers clients three main account types – Standard, VIP and a VIP Black account as well as Demo and Islamic (swap-free) accounts.”
Tio Markets offers clients three main account types – Standard, VIP and a VIP Black account as well as Demo and Islamic (swap-free) accounts. The main features of each account are summarised in the below table:
Standard | VIP | VIP Black | |
Min. deposit | $50 | $1,000 | $3,000 |
Average Spreads from |
0.4 pips | 0.4 pips | 0.0 pips |
Commissions | $5 per lot | $2 per lot | $0 per lot |
Leverage* | Up to 1:30 | Up to 1:30 | Up to 1:30 |
Additional Features | No fees on deposits and withdrawals | No fees on deposits and withdrawals, Level 1 Education, Priority Level Support | No fees on deposits and withdrawals, Advanced Education, Platinum Level Support, No limitations on lots traded, no extra charges |
*It should be noted that the St. Vincent and Grenadines entity offers leverage up to 1:500.
Users can open a new account in just a few steps, as described below:
The client portal is shown below:
Tio Markets UK Ltd does not accept clients from the United States, Belgium, among others.
“Tio Markets offers clients the ability to deposit and withdraw funds fee-free using a variety of methods including debit/credit card, bank wire, Skrill and Neteller.”
Tio Markets offers clients the ability to deposit and withdraw funds fee-free using a variety of methods including debit/credit card, bank wire, Skrill and Neteller. The below tables show the fees and processing times for some of the payment methods available:
Deposits | Currency | Min Deposit Amount | Fee if the amount is over 50 USD | Processing Time |
Bank Wire Transfer | EUR, USD, GBP, CAD, AUD | 50 USD | No fees | Up to 5 working days |
Credit Card | Any | 50 USD | No fees | 1 working day |
Neteller/ Skrill |
Any | 50 USD | No fees | 1 working day |
Withdrawals | Currency | Fee if the amount is less than $50 | Fee if the amount is over 50 USD* | Processing Time |
Bank Wire Transfer | EUR, USD, GBP, CAD, AUD | 25 USD | No fees | Up to 5 working days |
Credit Card | Any | 5% | No fees | 1 working day |
Clients can deposit and withdraw funds through the client portal.
“Tio Markets offers clients the ability to trade on the globally recognised MetaTrader 4 platform for Windows and MAC as well as the MetaTrader 5 platform for Windows, MAC and Web.”
Tio Markets offers clients the ability to trade on the globally recognised MetaTrader 4 platform for Windows and Mac as well as the MetaTrader 5 platform for Windows, MAC and Web. The platform features are highlighted below:
Tio Markets MetaTrader 5 Web
Tio Markets MetaTrader 4 (Windows/MAC)
Tio Markets MetaTrader 5 (Windows/MAC)
A screenshot of the Tio Markets MetaTrader 5 Windows platform is shown below and is covered in more detail in the video review.
“Tio Markets offers clients the ability to access mobile trading on the go from the MetaTrader 4 and MetaTrader 5 mobile apps for Android and iOS systems.”
Tio Markets offers clients the ability to access mobile trading on the go from the MetaTrader 4 mobile apps for Android and iOS systems. The app download links can be found in the Google PlayStore or Apple AppStore respectively.
The MetaTrader 5 mobile trading app provides a range of different features including:
The MetaTrader 5 mobile trading app is covered in more detail in the video review.
“Tio Markets does not offer any additional trading features other than what is already available through the MetaTrader trading platform but can take advantage of the MetaTrader marketplace.”
Tio Markets does not offer any additional trading features other than what is already available through the MetaTrader 4 and MetaTrader 5 trading platform.
However, users can take advantage of the MetaTrader marketplace to download thousands of additional technical indicators, automated trading strategies and copy trading services.
“Trading costs with Tio Markets vary, depending on account type and the market traded. Standard and VIP accounts are commission-based whereas the VIP Black account has zero commissions and raw spreads.”
Trading costs with Tio Markets vary, depending on account type and the market traded. Standard and VIP accounts are commission-based whereas the VIP Black account has zero commissions and raw spreads.
The below table shows the average spreads for both Standard and VIP accounts:
Market | Average spread |
EURUSD | 0.4 |
USOIL | 0.04 |
DE30 | 1.4 |
S&P 500 | 0.7 |
The below table shows the commission for all three accounts:
Standard | VIP Black | VIP | |
Commissions | $5 per lot | $0 per lot | $2 per lot |
For Non-Islamic accounts, overnight funding or ‘swap’ fees are charged on positions that remain open overnight (22:00) GMT. If positions are being held over the weekend a three-day ‘swap’ charge will be charged on Wednesdays.
The broker does charge a 30 USD inactivity account fee after three months of trading activity.
“In accordance with regulatory restrictions, the Tio Markets UK Ltd entity does not offer any bonuses or promotions. However, as the St. Vincent and Grenadines entity is not regulated there is a 25 USD trading bonus for new clients who place their first deposit.”
In accordance with regulatory restrictions, the Tio Markets UK Ltd entity does not offer any bonuses or promotions. However, as the St. Vincent and Grenadines entity is not regulated there is a 25 USD trading bonus for new clients who place their first deposit.
“Tio Markets offers customer support 24/5 via phone, email and live chat. The broker also has a contact form on the Contact Us page.”
Tio Markets offers customer support 24/5 via phone, email and live chat. The broker also has a contact form on the Contact Us page.
After logging into the live chat we were connected to an agent who replied to our message within 1 minute, as shown below:
Contact Information:
“Tio Markets offers various forms of market research including Trading Signals, Analysis, Webinars and an Economic Calendar. ”
Tio Markets offers various forms of market research including Trading Signals, Analysis, Webinars and an Economic Calendar. The main research available is described below:
Overall, the research quality is high and the webinars cover relevant and interesting topics that are suitable for all types of traders.
“Tio Markets offers a variety of educational material through Video Tutorials, Webinars and Trading Articles.”
Tio Markets offers a variety of educational material through Video Tutorials, Webinars and Trading Articles. A breakdown is provided below:
“Tio Markets provides a simple service to clients allowing them to access 120+ markets covering Forex, Metals, Energies, Stocks and Indices, all through the globally popular MetaTrader 4 and MetaTrader 5 trading platforms.
From our observations, Tio Markets provides a compelling service with access to over 120+ markets in Forex, Metals, Energies, Stocks and Indices, all of which can be accessed through the globally popular MetaTrader 4 and MetaTrader 5 trading platforms.
Clients have three account types available – Standard, VIP and VIP Black. Standard and VIP are commission-based whereas the VIP Black account has zero commission and has raw spreads. There is also great market research available that includes Trading Signals, Analysis, Webinars and an Economic Calendar. The education section also contains Video Tutorials, Webinars and Trading Articles but the material is most suitable for beginner traders.
Is Tio Markets regulated?
Tio Markets UK Limited is authorised and regulated by the Financial Conduct Authority (FCA).
Where is Tio Markets based?
6th Floor, 8 Devonshire Square, London, EC2M 4YD.
How does Tio Markets make money?
Tio Markets makes money mainly through commissions, spreads and swaps on certain asset classes.
How do I deposit in a Tio Markets account?
Funds can be deposited into a trading account via debit/credit card, bank wire, Skrill and Neteller.
What is the min. deposit for Tio Markets?
The minimum deposit is $50.
How do I withdraw money from Tio Markets?
Withdrawals can be made via debit/credit card, bank wire, Skrill and Neteller.
What is the max leverage in Tio Markets?
1:30 for Tio Markets UK Ltd.
How do I open an account with Tio Markets?
An account can be opened at the click of a button on the Tio Markets website and can be done in just a few steps.
Does Tio Markets use MetaTrader?
Yes, MetaTrader 4 and MetaTrader 5.
“Tio Markets UK Limited is a Forex and CFD broker regulated in the United Kingdom by the Financial Conduct Authority (FCA). The broker offers 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices, all through the popular MetaTrader 4 and MetaTrader 5 trading platforms.”
Tio Markets UK Limited is a Forex and CFD broker regulated in the United Kingdom by the Financial Conduct Authority (FCA). The broker offers 120+ financial CFD instruments covering Forex, Metals, Energies, Stocks and Indices, all through the popular MetaTrader 4 and MetaTrader 5 trading platforms for Web, Windows, MAC and Mobile.
Clients can choose from three account types – Standard, VIP and VIP Black. Standard and VIP accounts are commission-based whereas the VIP Black account has zero commission and has raw spreads. Demo and Islamic (swap-free) accounts are also available.
There are various fee-free funding methods available including debit/credit card, bank wire, Skrill and Neteller, but there is an inactivity account fee after three months of no trading activity.
The broker also provides various forms of market research including Trading Signals, Analysis, Webinars and an Economic Calendar. Similarly, the education section contains Video Tutorials, Webinars and Trading Articles but the material is most suitable for beginner traders. Customer Support is also available 24/5 via phone, email and live chat.
Headquarters Country | United Kingdom |
Foundation Year | 2019 |
Regulations | FCA (United Kingdom) |
Publicly Traded | No |
Number Of Employees | 0-50 |
Trading Desk Type | Dealing Desk, ECN, Market Maker, No dealing desk, STP |
Trading Platforms | |
Restricted Countries | United States |
Supported Languages | Afrikaans, Albanian, Arabic, Azerbaijani, Bengali, Bosnian, Brazilian, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Farsi, Filipino, Finnish, French, Georgian, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malaysian, Multi-lingual, Norsk, Norwegian, Norwey, Polish, Portuguese, Punjabi, Romanian, Russian, Serbian, Slovak, Slovenian, Spanish, Swedish, Tagalog, Taiwanese, Tamil, Thai, Turkish, Ukrainian, Urdu, Vietnamese |
Min Deposit | $50 |
Max Leverage | 1:500 (FCA) |
Deposit Options | Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer |
Withdrawal Options | Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer |
Crypto | Bitcoin, Ethereum, Tether |
Products | Crypto, Currencies, Indices, Commodities, Stocks |
Demo Account | Yes |
OCO Orders | Yes |
Offers Hedging | No |
Automated Trading | Yes |
API Trading | No |
Guaranteed Stop Loss | Yes |
Guaranteed Limit Orders | Yes |
Guaranteed Fills / Liquidity | Yes |
Economic calendar | Yes |
Trading From Chart | Yes |
One-Click Trading | Yes |
Expert Advisor | Yes |
Social Trading | Yes |
Autochartist | Yes |
Trading Signals | Yes |
Platform Languages | Arabic, Chinese, Czech, English, German, Hindi, Indonesian, Italian, Malaysian, Polish, Portuguese, Spanish, Thai, Vietnamese |
24 Hours Support | Yes |
Support During Weekends | No |
Live Chat | Yes |
Daily Market Commentary | Yes |
News (Top-Tier Sources) | Yes |
Webinars | Yes |
Deposit Fee | No |
Withdrawal Fee | No |
Inactivity Fee | No |
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
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