Score
South Africa
|
5-10 years
| https://www.tdmarkets.com
Website
Rating Index
MT4/5
White Label
TDMarkets-Demo
Influence
C
Influence index NO.1
Georgia 5.23
MT4/5 Identification
White Label
United StatesInfluence
C
Influence index NO.1
Georgia 5.23
LicensesLicensed Entity：TD MARKETS (PTY) LTD
License No. 49128
South Africa
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
South Africa tdmarkets.com United States South Africa
VIP is not activated.
| TD Markets Review Summary | |
| Founded | 2006 |
| Registered Country/Region | South Africa |
| Regulation | FSCA (Exceeded) |
| Market Instruments | Forex, commodities, indices, cryptocurrencies, shares, ETFs |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Spread | From 1.8 pips (TDM MINI account) |
| Leverage | / |
| Trading Platform | MT4, MT5 |
| Social Trading | ✅ |
| Minimum Deposit | $5 |
| Customer Support | Contact form, live chat, FAQ |
| Tel: 010 300 0011 | |
| Email: care@tdmarkets.com | |
| Address: Floor 12 Green Park Corner, 3 Lower Rd, Sandton, 2196 | |
| Instagram, Facebook, Twitter, LinkedIn | |
| Restricted Countries | United States of America, Canada, Iran, Iraq, Syria, Libya |
TD Markets is a South African brokerage company who offers trading services in in forex, commodities, indices, stocks, ETFs and cryptocurrencies.
It offers a risk-free demo account and seven live accounts for different products and client groups, with an affordable minimum deposit $5 and tight starting spread from 0.1 pips. You can also execute trades through the renowned MetaTrader 4 or 5 platform, which is popular worldwide.
In addition, trading tools such as economic calendars and technical analysis are available to enhance trading efficiency. Educational resources are also provided to equip traders with essential knowledge and skills.
Furtheremore, the broker enables social trading for investors to communicate within interaction community to learn from successful predecessors.
The broker also implements fund segregation, which protects customer assets even during insolvency.
However, one crucial thing that should raise your great attention is that the broker exceeds FSCA regulation,requesting extreme cautiousness from you before deciding to trade with them.
| Pros | Cons |
| Demo accounts | Exceeded FSCA regulation |
| Affordable minimum deposit | Limited info on funding methods |
| Tight starting spreads | |
| MT4 and MT5 platforms | |
| Social trading | |
| Fund segregation |
TD Markets is currently being regulated by FSCA (Financial Sector Conduct Authority) with license no. 49128.
However, you should aware that the regulation status is exceeded, indicating possible engagement in financial activities beyond what is legally permitted by FSCA.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | FSCA | Exceeded | TD MARKETS (PTY) LTD | Financial Service Corporate | 49128 |
| Trading Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Shares | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
TD Markets offers a demo account simulating real trading, allowing traders to practice their trading strategies without losing real money.
Furthermore, seven live accounts are also avialable to suit varying needs for different client groups:
| Account Type | Minimum Deposit | Spread | Commission |
| TDM PRO | $1,000 | From 0.1 pips | $8 per lot |
| TDM GOLD | $50 | From 1.8 pips | ❌ |
| TDM MINI | $1 per mini lot | ||
| TDM ISLAMIC | ❌ | ||
| TDM CRYPTO | BTC 0.03 | From 0.2 pips | $8 per standard lot |
| TDM CENT | $10 | $0.1 per cent lot | |
| TDM MAX | $5 | From 1.8 pips | ❌ |
TD Markets uses the world renowned MetaTrader 4 and 5 platforms for investors to execute trades, which is well-recognized by their robust functionalities such as advanced charting tools, automated trading and analysis indicators.
You can reach the platform on web, or download app from Windows, mobiles phones and Linux devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web/Windows/Mobile phones/Linux | Beginners |
| MT5 | ✔ | Web/Windows/Mobile phones/Linux | Experienced traders |
Warnings (unauthorised firms and other entities)
Country/Region
Disclosure time
2024-07-08
Disclose broker
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
Country/Region
Disclosure time
2022-09-20
Disclose broker
As of April 2019, the spot FX market, which includes currency options and futures contracts, exchanged about $6.6 trillion each day. 1 With such a large quantity of money moving about in an unregulated spot market that trades instantaneously, over the counter, and with little accountability, forex scams entice unscrupulous operators to make quick money. While many once-popular scams have faded away owing to the Commodity Futures Trading Commission's (CFTC) aggressive enforcement efforts and the founding of the self-regulatory National Futures Association (NFA) in 1982, some old scams persist, and new ones keep cropping up.
The federal high court in Abuja has ordered the central bank of Nigeria, CBN, to unfreeze the account of ojukwu that has been frozen which is controlled by Mr. chikaosolu ojukwu and his firm, stabilization energy ltd.
In this article, my second installment in a series of Rtickes focused on the top two scams in the South African forex industry and also who are being named and shamed as the main players in these elaborate schemes, helping the masses to piece together for themselves if these gurus are in fact who they claim to be.
The financial industry is brimming with prospects for everyone interested in making money. Many traders give in to the urge and jump into the water with their heads down, making reckless deals that aren't backed by analysis or even plain sense. As a result, financial losses are massive, and disgruntled traders are increasing in number. And it was only necessary to take a more responsible approach to this issue, and perhaps there would be no loss at all, and Forex would become an ideal platform for making a significant profit.
TD Markets is legit in terms of FSCA regulation, but the exceeded status raises red flags for me. It’s crucial to be cautious, as this could mean they’re pushing the boundaries of what’s allowed by the regulator. When doing my TD Markets review, I’d ensure that I understand these nuances before deciding whether to trade with them.
TD Markets doesn’t specify an exact time for withdrawals, but I’d expect the process to take a few business days, depending on the payment method used. When considering TD Markets withdrawal, I’d check with their customer support for a more accurate time frame.
The spread starts from as low as 0.1 pips for the TDM PRO account, which is great for active traders like me who want to minimize trading costs. On other accounts like TDM MINI and TDM MAX, the spread starts at 1.8 pips, which is on the higher side. This would affect my decision based on the TD Markets account types that suit my trading strategy.
The TD Markets minimum deposit is very low—just $5 for the TDM MAX account. This is perfect for someone like me who wants to try trading with minimal capital at first. However, if I were aiming for more advanced features, I might consider the TDM PRO account, which requires a minimum deposit of $1,000.
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Sandence
Taiwan
Educational resources are top-notch, but account maintenance fees can add up. Worth it for the knowledge, though.
Neutral
USDT@
South Africa
I've been using TD Markets for a while now, and honestly, it's been pretty good. The leverage is huge, up to 1:2000. Their MetaTrader 4 platform is reliable and straightforward, perfect for my daily trading. What I appreciate most is how quickly I can withdraw my earnings—super convenient. Also, the webinars they offer are genuinely insightful, not just generic advice. Definitely a solid option if you're looking for a broker that offers both high leverage and fast service.
Positive
FX1665339722
Malaysia
Their margin rates are really competitively priced and they have a huge range of products you can trade. Perhaps my one critique would be that they are a bit over-careful about what they allow you to trade based on your existing trading experience, so for example they are careful of letting beginners use certain types of leverage or options products, but I at least can rationally understand their reason for being this way.
Neutral
FX1082635599
South Africa
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.
Positive