Score
Taurex
United Kingdom|5-10 years| Benchmark C|https://www.tradetaurex.com/en/
Website
Rating Index
Benchmark
Benchmark
C
Average transaction speed (ms)
MT4/5
Full License
Taurex-Demo
Benchmark
Speed：D
Slippage：A
Cost：C
Disconnected：C
Rollover：A
MT4/5 Identification
MT4/5 Identification
Full License
GermanyContact
Licenses
Single Core
1G
40G
1M*ADSL
- The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
Basic Information
United Kingdom
Account Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Users who viewed Taurex also viewed..
Exness
- 10-15 years |
- Regulated in Cyprus |
- Market Making(MM) |
- MT4 Full License
Vantage
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
MiTRADE
- 10-15 years |
- Regulated in Australia |
- Market Making(MM)
CPT Markets
- 10-15 years |
- Regulated in United Kingdom |
- Market Making(MM) |
- MT4 Full License
Benchmark
WikiFX Data provideWebsite
zenfinex.global
Server Location
United States
Website Domain Name
zenfinex.global
Server IP
172.67.207.138
-
taurexleague.com
Server Location
United Kingdom
Website Domain Name
taurexleague.com
Server IP
35.214.81.125
-
tradetaurex.com
Server Location
United States
Website Domain Name
tradetaurex.com
Server IP
172.67.70.40
Genealogy
VIP is not activated.Company Summary
| Broker | Taurex |
| Regulatory Status | FCA |
| Trading Assets | Over 1000 options including Forex, cryptos, shares, indices, metals, and commodities |
| Account Types | Standard Zero, Pro Zero, Raw |
| Minimum Deposit | $100 for Standard Zero, $500 for Pro Zero and Raw |
| Leverage | Up to 1:1000 |
| Spreads | From 0.0 pips |
| Commission | No Commission for Standard Zero and Pro Zero, $2.0 per side for Raw |
| Trading Platform | MetaTrader 4, MetaTrader 5, and Taurex App |
| Customer Support | 24/5 live chat, email, and phone support |
| Educational Resources | Real-time updated market news and daily market analysis |
Taurex Information
Taurex is a prominent brokerage situated under the regulation of the FCA. The company offers a broad assortment of over 1000 trading assets that include Forex, cryptos, shares, indices, metals, and commodities, aimed at addressing the varied interests of traders.
The maximum leverage provided by Taurex extends up to 1:1000, giving traders significant trading capacity. The spreads offered by Taurex start from 0.0 pips. While Standard Zero and Pro Zero accounts enjoy the benefit of no commission, the Raw account is charged a commission of $2.0 per side. For its trading platforms, Taurex provides compatibility with MetaTrader 4, MetaTrader 5, and their in-house Taurex App.
Is Taurex Legit?
Taurex Limited, authorized and regulated by the Financial Conduct Authority (FCA), with Regulatory License No. 816055.
Taurex Global Limited, offshore regulated by the Seychelles Financial Services Authority (FSA) with Regulatory License No. SD092.
Pros & Cons
| Pros | Cons |
|
|
|
|
| |
| |
| |
|
Market Instruments
Taurex offers investors more than 1000 financial instruments including Forex (over 50 currency pairs), cryptos, shares, indices, metals, and commodities.
Account Types
Taurex offers a range of account types which include the Standard Zero, Pro Zero, and Raw.
The Standard Zero account requires a minimum deposit of $100 and spreads as low as 1.6.
The Pro Zero account requires a higher minimum deposit of $500 but offers similar features to the Standard Zero account. The Pro Zero account stands out with its lower spreads, which can go down to 1.2.
Standard Zero account and Pro Zero account do not charge commissions.
The Raw account offered by Taurex requires a minimum deposit of 500. An impressive feature of the Raw account is its extremely tight spreads which can reach as low as zero.
These accounts allow for forex leverage up to 1:1000 and CFD Leverage (for Indices & Commodities) up to 1:1000. There are over 1500 instruments available to trade, which comprise Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies.
They also offer Islamic accounts, also known as Swap Free accounts, to accommodate our clients' religious beliefs.
| Standard Zero | Pro Zero | Raw | |
| Minimum Deposit | $100 | $500 | $500 |
| Forex Leverage up to | 1:1000 | 1:1000 | 1:1000 |
| CFD Leverage (Indices & Commodities) up to | 1:1000 | 1:1000 | 1:1000 |
| Instruments | 1500+ (Forex, Metals, Shares. Commodities, Indices, Cryptocurrencies) | 1500+ (Forex, Metals, Shares. Commodities, Indices, Cryptocurrencies) | 1500+ (Forex, Metals, Shares. Commodities, Indices, Cryptocurrencies) |
| Execution | ECN | ECN | ECN |
| Spreads as low as | 1.6 | 1.2 | 0 |
| Commission | $0 | $0 | Up to $2.0 per side |
Leverage
Taurex provides a maximum leverage of 1:1000 for its account holders. This means that, for every one dollar in their account, traders can take control over assets up to the value of $1000.
Spreads & Commissions
In terms of spreads and commission, Taurex offers competitive conditions for its traders.
For spreads, which refer to the difference between the buy and sell prices of a currency pair or asset, Taurex presents very low amounts. For instance, in the Standard Zero and Pro Zero accounts, spreads can go as low as 1.6 and 1.2 respectively. More impressively, spreads in the Raw account can go down to zero.
For commissions, while trading with the Standard Zero and Pro Zero accounts, traders enjoy zero commission on trades. This is an attractive offer for traders who prefer a cost structure that is mainly spread-based. However, with its Raw account, Taurex implements a commission structure that charges up to $2.0 per side. This can be advantageous for traders who give priority to super low spreads and don't mind a commission-based pricing model.
Trading Platform
Taurex offers a suite of trading platforms that cater to different trading needs and preferences. These platforms are designed to enhance your trading experience and help you tailor your trading to your specific needs.
- MetaTrader 4 (MT4): MT4 is renowned for its user-friendly interface and efficiency. It provides you with access to a wide range of powerful trading tools to help you get the most out of your trading.
- MetaTrader 5 (MT5): MT5 takes trading to the next level. It's known for its advanced features and ultra-reliable performance. Just like MT4, MT5 supports one-click trading and provides robust charting tools and technical indicators, but it also houses additional powerful features which include more types of orders, more indicators, and more tools for technical analysis.
- Taurex App: The Taurex App delivers an intuitive, seamless, and unrivaled mobile trading experience. It's designed to make trading on-the-go as easy and efficient as possible. With its user-friendly interface and robust suite of features, trading convenience is truly at your fingertips.
Deposits & Withdrawals
Taurex offers flexible funding options to cater to the varying needs of its users. The payment methods supported by Taurex span a diverse range, allowing for easy account funding. Users can opt for digital wallet services like Skrill and NETELLER, which provide fast and secure transactions.
Taurex also accepts major credit and debit cards such as VISA and Mastercard, which are widely used due to their convenience. Moreover, wire transfers are supported for those who prefer traditional bank transactions.
Customer Support
Taurex provides various channels for contact and support to ensure comprehensive assistance for its users around the globe:
- Live Chat: Taurex provides 24/5 live chat support for instant help from their team of experts.
- Email Support: Depending on the region, users can reach out via different email addresses as follows:
- For Global users: support@tradetaurex.com
- For LATAM: contacto@tradetaurex.com
- For Asia: asiasupport@tradetaurex.com
- For MENA: menasupport@tradetaurex.com
- For Africa: africasupport@tradetaurex.com
- Phone Support: Users who prefer phone communication can find their regional contact numbers below:
- For Global inquiries: +2484632026
- For LATAM - Mexico: +578005189634
- For Asia: +601548738822
- For Mexico: +528004610426
- For MENA: +97145429103
- For Africa: +23233996965
Educational Resources
Regarding educational resources, Taurex provides real-time updated market news and daily market analysis updates based on your personal preferences.
Frequently Asked Questions
What is the maximum leverage available at Taurex?
Taurex provides a maximum leverage of 1:1000 for its account holders.
Which trading platforms does Taurex support?
Taurex supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the Taurex App for trading.
Does Taurex charge a commission on trades?
While there are no commissions for the Standard Zero and Pro Zero accounts, the Raw account charges up to $2.0 per side.
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.
Keywords
- 5-10 years
- Regulated in United Kingdom
- Regulated in Seychelles
- Market Making(MM)
- Retail Forex License
- MT4 Full License
- White label MT5
- Global Business
- High potential risk
- Offshore Regulated
News
News Taurex: Is it Safe to Invest?
Taurex is a prominent brokerage regulated by the FCA. The company offers a wide assortment of over 1,000 trading assets, including Forex, cryptos, shares, indices, metals, and commodities, aimed at addressing traders' varied interests.
2024-12-30 18:58
News Taurex Launches Innovative Trading App for All Levels of Traders
Taurex introduces a new trading app offering over 1,500 CFDs, robust risk management, and global 24/5 support.
2024-05-16 13:54
Review Daily Market Update: Stocks Mixed, Gold Hits Record High
Fed policy, European data, and commodity prices drive market moves A look at today's key market news and Trading Central's insights Your snapshot of the day's market action
2024-04-04 11:23
Review DAILY MARKET NEWSLETTER | April 3, 2024: Stocks Slip, Oil and Gold Gain, Bitcoin Volatile
Market Trends and Trading Central's Daily Outlook
2024-04-03 11:39
Review DAILY MARKET NEWSLETTER - April 2, 2024: Mixed Markets, Dollar Strengthens on Manufacturing Data
Key Movers, Intraday Strategies, Forex Focus US Stocks, Bonds, Commodities, and Currencies Essential Analysis for Today's Trading
2024-04-02 14:02
Activity Taurex's IB Reward Program: A Forward-Thinking Partnership Approach
Partner with Taurex, Unlock Exclusive IB Benefits and Build Your Trading Business
2024-04-01 13:10
Review 35
Content you want to comment
Please enter...
Review 35
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
FX9059551611
Hong Kong
I made profits on this platform, but they refuse to allow me to withdraw. The customer service told me that it's not allowed to open two accounts with the same ID card, but when I opened my account, there was no indication that my ID had already been registered. After submitting my documents, the backend reviewed them for two days and approved them, allowing me to participate in a promotion. If they allowed me to participate in the promotion, why are they refusing my withdrawal? If I had lost money in the promotion, would they refund my principal? My account number is 2100087779.
Exposure
In a week
FX9059551611
Hong Kong
The platform erased customer profits without any notification. Additionally, the withdrawal channel cannot be verified, and the platform engages in false advertising. My profit of $27,807 was wiped out, leading to losses in my account. When customers incur losses, they must accept them, but when they make profits, those are erased.
Exposure
In a week
拉ki
Hong Kong
The platform erased the customer's profit without giving any notification. Moreover, the withdrawal channel could not be verified, and the platform falsely promoted it. 27,807 US dollars were erased, and now the account has suffered a loss. The customer can only lose money, and profits are to be erased.
Exposure
2024-01-20
〇〇7
Hong Kong
The platform wiped out the profits without consulting me. The platform falsely advertised that withdrawal can be made after making profits. They used bonuses to lure customers to invest. 66,966 US dollars were deducted on MT4, and 68,528 US dollars on MT5. Is it a Romance Scam?
Exposure
2024-01-19
Mr. Rolex
Portugal
Zenfinex is very easy for you to deposit, trade, and lose money. Beside slippages on orders when placing the withdraw they claim that you need to verify your crypto wallets, when in fact the account is fully verified!!! Upon sent all the demands they still claim they didn't receive and not process the withdraw!!!
Exposure
2023-06-21
FX1363739106
Hong Kong
I made a profit on the platform but I can't withdraw money. The customer service said that the same ID card is not allowed to open 2 accounts, but when I opened the account, it did not prompt that my ID card was registered. After I submitted the information, the background reviewed 2 I was allowed to participate in the event after the day’s review was approved. Why is the withdrawal refused since I am allowed to participate in the event? May I ask if I lose money from participating in the event, do I have to refund my principal? Account 2100087779
Exposure
2021-06-29
一生所爱61797
Hong Kong
I opened an account under the introduction of their salesman in April. And the salesman promised that there would be a bonus of $100 if I opened an account here. If I can trade five lots in a month, I can withdraw my profit with the bonus. After a month, my account equity was $160. But I didn’t fulfill the task. So I consulted them on May 13 about keeping trading and profit withdrawal. They replied to me accurately: 1. I can keep trading and profits are available.(Profits should be more than $200). 2. I haven’t fulfilled the task, so the bonus can not be withdrawn. So I kept trading here. Luckily, I profited. But my application for a withdrawal was rejected on June 23 on the grounds that I didn’t trade five lots within 30 days. They denied what they had said before although I had their emails. Shameless! I suggest you stay away from this kind of broker!
Exposure
2021-06-25
泄露电话告你侵犯隐S
Hong Kong
I haven't received an email from Zenfinex for a month or two. In the last few days, it took a long time to log in to the background. The account opened on the 3rd has not been down, and no email has been returned to inform. The promotion link cannot be opened, the webpage does not exist, and the trading account cannot be opened? ? ? After making a 100% bonus, did the money go away? ? ? If you know what the situation is, please let me know.
Exposure
2021-04-07
泄露电话告你侵犯隐S
Hong Kong
I applied for withdrawal on 9th. I have contacted the customer service many times but there is no solution. Fraud platform?
Exposure
2021-02-24
FX2928660691
Saudi Arabia
ai news sentiment seems to be based on chatgpt, but works well, market watch also pretty good, I can check which currencies atm have the spreads I like. The way they do trade signals is wrong however. They are not even there on demo, you need to fund and then download the plugin. I think you could convert many clients by offering signals first, not hiding them.
Neutral
02-09
Aluke876
Singapore
Copy trading with Taurex is amazing, and I had several profits since trading on this platform. However, at times, Taurex's customer support can be slow.
Neutral
2024-07-26
FX1297988514
Saudi Arabia
When you pay more and get a better account, only the pricing aspect changes, you won't get any other opportunities. That's what I like about "تاوريكس", it's a fair broker, and even accounts that comply with the standards get the same trading tools and the same instruments, just with lower margins and that's all - as it should be!
Positive
02-17
IbrahimAlJaber
United Arab Emirates
I'm not a fan of no webtrader, sometimes I'm in a foreign country with just notebook, and want to do 1-2 simple trades because I see the currency market going a certain direction. But I would need to DOWNLOAD MT5 each time, ugh. Also, another thing is, when I joined, they requested financial information of me, and lots of documents for approval, and validation took almost a week. Should be faster, and mby less documents for newer traders? Otherwise, trading has been pretty great, good variety of cfds +good spreads on pretty much everything.
Positive
02-15
SamuelTurner
United Kingdom
And open a long position on EUR/USD. Spreads are pretty good to be honest.
Positive
02-15
KareemShadin
United Arab Emirates
It’s really a catch folks! I mean a raw account with Taurex. I benefit from excellent spreads and low commissions (2 usd per lot, which is the lowest commission on a similar account type I’ve seen). At the same time, the leverage is still flexible, up to 1:1000. I originally chose the broker and downloaded an mt5 app from it to have access to the diversity of CFDs.
Positive
02-12
FX3832181087
United Arab Emirates
The fact that they have global offices is commendable! It`s rare to see that broker provide such an opportunity to have a direct interaction with them, even though the number of offices is limited to three and I`ve never visited any of them, never will, probably, still this fact made me consider them as credible business. In addition to that payments were run so smoothly there, so I gotta admit, this platform is totally reliable for trading. Indeed, reliable!
Positive
02-09
FX5842977212
Saudi Arabia
Taurex provides a consistent and user-friendly experience. Their platform runs smoothly, and customer service is both responsive and professional. With clear guidance and support, they help traders navigate challenges effectively. Overall, a trustworthy choice for reliable trading.
Positive
02-06
ChristopherScott
United Kingdom
It is one of the few platforms that offers a dynamic margin and I absolutely love this offer alongside other trading conditions. Recommend 👍
Positive
02-06
FX2328660718
United Arab Emirates
I thoguht that i would easy find the info about fees when depositing and withdrawing funds but it took some time. Anyway, the point is that the range of payment means is extensive out here and as far as I understood it has nothing in common with your location or smth. It doesn't matter where you live, in fact, you will have the same range of payment gateways and it's cool.
Positive
02-04
GabrielPope
United Kingdom
Been using mt5 here and there are a few reasons why: - customizable indicators and interface - 4 types of execution - great market depth. I think it explains it all!
Positive
02-02