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TD Markets

South Africa|5-10 years|
Regulated in South Africa|Financial Service Corporate|White label MT4|Suspicious Overrun|Medium potential risk|

https://www.tdmarkets.com

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

TDMHoldings-Demo

United States
MT4
2

Influence

B

Influence index NO.1

South Africa 5.50

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
TDMHoldings-Demo MT4
Server Location United States

Influence

Influence

B

Influence index NO.1

South Africa 5.50

Surpassed 40.57% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+27 010 300 0011
care@tdmarkets.com
https://www.tdmarkets.com
Floor 12 Green Park Corner, 3 Lower Rd, Sandton, 219

Licenses

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

Single Core

1G

40G

Open Now

Disclosure

Danger

ID BAPPEBTI
2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
TD Markets
Tradovate
LIVECRYPTOFOREX

Contact number

English

+27 010 300 0011

Broker Information

More

Company Name

TD Markets

Company Abbreviation

TD Markets

Platform registered country and region

South Africa

Company website
Twitter
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Instagram
Linkedin

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-04-20
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 49128)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

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TD Markets · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

TD Markets Review Summary in 10 Points
Founded 2015
Registered Country/Region South Africa
Regulation No regulation
Market Instruments Forex, metals, energies, indices, shares, cryptocurrencies, ETF
Demo Account Available
Leverage 1:500
EUR/ USD Spreads 1.8 pips (TDM Mini account, TDM Islamic account, TDM Gold account)0.1 pips (TDM Pro account)
Trading Platforms MT4
Minimum Deposit $1,000 (TDM Pro account)$50 (TDM Mini account, TDM Islamic account, TDM Gold account)
Customer Support Phone, email, live chat, Twitter, Facebook, Instagram, Linkedin

What is TD Markets?

Established in 2015, TD Markets is a forex and binary options broker registered in South Africa that supports the MT4 platform. As for regulation, it has been verified that TD Markets holds an exceeded Financial Sector Conduct Authority (FSCA) license.

When it comes to account types, TeleTrade offers a range of options to suit the needs of different traders. Additionally, it offers a demo account option for traders who want to test their trading strategies before opening a live account. TeleTrade customers have access to a wide range of financial markets. The company also provides a range of tools, and analysis to help traders make informed decisions.

TD Markets home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• Account variety • Not regulated
• A range of trading instruments • Limited funding options
• Trading tools and resources

TD Markets Alternative Brokers

There are many alternative brokers to TD Markets depending on the specific needs and preferences of the trader. Some popular options include:

  • UFX- A user-friendly trading platform and a wide range of tradable assets, making it suitable for both beginner and experienced traders.

  • Valutrades- It provides competitive spreads, reliable trade execution, and a range of trading platforms, making it a solid choice for traders looking for a reliable brokerage.

  • TD Ameritrade - A well-established brokerage platform with a range of trading tools and resources for investors of all levels.

Is TD Markets Safe or Scam?

TD Markets' claim of offering certain protection measures such as segregation of accounts, negative balance protection, anti-money laundering protocols and accounts with major banks is positive. However, it is concenring that TD Markets has no valid regulation. Their South Africa Financial Sector Conduct Authority (FSCA, No. 49128) license is exceeded. It means that there is no government or financial authority oversighting their operations, which makes investing with them risky.The absence of valid regulation and the expiry of the license can be a cause for concern regarding the safety and legitimacy of TD Markets. Valid regulation is crucial as it provides oversight, ensures adherence to industry standards, and offers investor protection measures.

If you are considering investing with TD Markets, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

FSCA license
protection measures

Market Instruments

TD Markets offers a variety of trading instruments across different asset classes, including Forex, metals, energies, indices, shares, cryptocurrencies and ETF. Here is a brief description of each market instrument offered:

- Forex: TD Markets offers a comprehensive range of Forex pairs for traders to invest in, including major, minor, and exotic currency pairs.

- Metals: The company offers investors the opportunity to trade precious metals such as gold and silver.

- Energies: TD Markets provides access to the energy markets, where traders can invest in crude oil and natural gas.

- Indices: Traders can invest in global stock indices such as the S&P500, Nasdaq, DAX30, and FTSE100 through TD Markets.

- Shares: TD Markets allows traders to invest in major global stocks from companies like Google, Apple, and Amazon, among others.

- Cryptocurrencies: The platform offers traders access to major cryptocurrencies such as Bitcoin, Ethereum, and Ripple.

- ETFs: TD Markets provides access to Exchange Traded Funds (ETFs) that track the performance of various sectors, including biotechnology, S&P500, and gold trusts.

Overall, TD Markets has a diverse range of financial markets and instruments available for traders across multiple asset classes. However, traders should be aware of potential risks associated with each investment and should consider the current regulatory status of the broker before investing.

Market Instruments

Accounts

TD Markets offers four live account types including TDM Gold, TDM Pro, TDM Mini and TDM Islamic with the minimum deposit requirement of $50, $1000, $50 and $50 respectively. Below is a brief description of each account:

- TDM Gold: This account is designed for entry-level traders. It features a low minimum deposit requirement of $50 and offers fixed spreads for a variety of instruments.

TDM Gold account

- TDM Pro: This account is tailored for professional traders looking for a more premium trading experience. The minimum deposit requirement is $1000 and variable spreads for a variety of instruments.

TDM Pro account

- TDM Mini: This account is ideal for traders looking to start small. It requires a minimum deposit of $50 and floating spreads for multiple instruments.

TDM Mini account

- TDM Islamic: This account is designed for Muslim traders who follow Sharia law. It operates under an interest-free trading platform; swap-free accounts are available for Muslim traders.

TDM Islamic account

Traders can choose the account that best fits their needs, based on factors such as the size of their initial deposit, level of trading experience, and desired trading style. It is important to note that each account comes with different trading conditions, so traders should carefully review the details of each account before making a decision.

Leverage

TD Markets offers its clients the maximum leverage of up to 1:500, which is considered to be extremely high when compared to other regulatory authorities.

TD Markets offers high leverage to allow traders to have more flexibility in managing their investments. However, it is important to understand the risks involved, as the higher the leverage, the greater the risk of incurring significant losses. It is recommended to use leverage judiciously and exercise good money management practices to minimize the risks. Traders should always consider their trading experience, risk tolerance levels, and financial objectives when deciding the leverage to use for each trade.

Spreads & Commissions

TD Markets offers the spread at 1.8 pips for the TDM Mini account, TDM Islamic and TDM Gold account and from 0.1 pips for the TDM Pro account.

Besides, TDM Mini account, TDM Islamic and TDM Gold account charge no commission while TDM Pro account charges $8.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
TD Markets 0.1 pips $8 per lot
UFX 3 pips None
Valutrades 0.0 pips None
TD Ameritrade 1.2 pips None

Note: The information presented in this table may be subject to change and it is always recommended to check with the broker's official website for the latest information on spreads and commissions.

Trading Platforms

TD Markets offers MT4, a versatile and user-friendly trading platform that caters to the needs of traders across various operating systems. With the MT4 trading platform, clients can access their accounts and trade seamlessly on Windows, Android, iPhone OS, Linux OS, and Webtrader. This wide range of supported operating systems allows traders to have the flexibility of choosing their preferred device while ensuring a consistent and reliable trading experience. The platform provides advanced charting tools, real-time market quotes, and an extensive range of indicators to assist traders in analyzing the markets and making informed trading decisions. Overall, TD Markets' trading platform offers robust functionality and accessibility, empowering traders to navigate the financial markets efficiently and effectively.

MT4

See the trading platform comparison table below:

Broker Trading Platform
TD Markets MT4
UFX MT4, MT5
Valutrades MT4, MT5
TD Ameritrade Thinkorswim

Trading Tools

TD Markets offers economic calendar, news and insights.

  • Economic Calendar: The economic calendar is an essential tool for traders that offers valuable information about upcoming economic events and announcements. TD Markets offers a comprehensive economic calendar that covers events from major global economies, including central bank policy announcements, indicators of economic growth, and economic events affecting various instrument categories.

Economic Calendar
  • News and Insights: TD Markets provides traders access to a range of market news and analysis, including breaking news, daily market reports, and expert analysis. This information helps traders to stay up-to-date with the latest market trends and events, and make informed trade decisions.

News and Insights

Customer Service

Live chat service is considered as the best way to reach customer support; the chat logo at the top of the website will take you through to the online assistant service, which is fast and helpful. Alternatively, you can contact the broker via their email or telephone number.

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +27 010 300 0011

Email: care@tdmarkets.com

Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram and Linkedin.

Twitter: https://twitter.com/td_markets

Facebook: https://www.facebook.com/tdmarkets

Instagram: https://www.instagram.com/tdmarkets/

Linkedin: https://za.linkedin.com/company/tdmarkets

Customer Service

Overall, TD Markets customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros Cons
  • Multiple communication channels
  • Language limitations
  • Education and resources provided by service
  • Complex issues handling
  • No 24/7 customer support

Note: These pros and cons are subjective and may vary depending on the individual's experience with TD Markets's customer service.

Education

The TD Markets training and education sessions cover a wide range of topics pertaining to the financial markets such as how to execute trades, technical analysis, fundamental event impacts and market dynamics. Traders can access tutorials on critical aspects such as support and resistance levels, risk and reward analysis, supply and demand dynamics, psychological support and resistance, Metatrader4 (MT4) navigation, market trends, and much more.Understanding supply and demand dynamics is also essential, and TD Markets' educational resources explore this concept in detail. Traders can gain insights into how supply and demand imbalances can impact price movements and recognize potential trading opportunities.

Education

Conclusion

TD Markets is a brokerage that offers a range of trading instruments, high leverage, and various trading accounts. While they provide a user-friendly trading experience and access to educational resources, there are some considerations to keep in mind.

One important aspect to note is no regulatory oversight associated with TD Markets. This may raise concerns for traders who prioritize a higher level of investor protection and regulatory compliance.

Ultimately, the suitability of TD Markets as a trading platform depends on an individual trader's specific needs and preferences. Conducting thorough due diligence is essential to ensure a positive and secure trading experience.

Frequently Asked Questions (FAQs)

Q 1: Is TD Markets regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does TD Markets offer demo accounts?
A 2: Yes.
Q 3: Does TD Markets offer the industry leading MT4 & MT5?
A 3: Yes. It supports MT4.
Q 4: What is the minimum deposit for TD Markets?
A 4: The minimum initial deposit to open an account is $50.
Q 5: Is TD Markets a good broker for beginners?
A 5: No. It is not a good choice for beginners because of its unregulated condition.

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User Reviews

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Ewout. F. Fabian
more than one year
Tried signing up for a demo binary account to have a look as their platform is not web based. After signing up, no e-mails to complete the process and get your password (you don't put one in when you sign-up). Tried "forgot password" option from login screen and no e-mail to reset password. Gave their chat a try (was not easy to find) and no response to any questions. Download for the trading platform (binary or their "lite" version) doesn't work. Tried on both UK and US iTunes store (Mac version).
2024-03-11 11:03
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0
0
Gempo
6-12months
Please do not invest in this trader. Martina, Katie and Anthony have stolen €87,000 from me. The names are obviously fake. The application used is called TD Markets. If anyone wants I can show them the evidence.
2023-11-07 17:59
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0
0
more than one year
I met some problems when I withdrew my funds, and support staff named Warren helped me a lot. This does provide me with some warmth and safety during my trading here.
2023-02-23 09:29
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0
0
欢乐马77776
more than one year
This TD Markets gave me wrong trading signals, leading to my losses. withdrawals were extremely tough, averagely, it took more than 30 days. I complained on its FB account, and they promptly deleted my comments! So I wrote here again, and I hope it can warn more investors that this platform is unreliable to trade with. Trust me, guys.
2022-12-05 17:14
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0
0
FX1082635599
more than one year
Super great trading experience! I've only had a demo account for a week now, but I'm learning a lot. The customer service was amazing. They always answered my questions in the first place. They were very patient and professional. Now I'm ready to enter my live trading life. Hope it will be as smooth as my demo trading.
2022-12-05 15:49
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