TD Markets Broker Review

Editor Editor:  Chris Cammack Updated: Jun 10, 2020
Author Author:  Jeffrey Cammack Published: Jun 10, 2020

Last Updated On Jun 10, 2020

Jeffrey Cammack
Broker Score
3.19 3.19 / 5
🏦  Min. DepositUSD 50
🛡️  Regulated By
💵  Trading Cost 
USD 18
⚖️  Max. Leverage500:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
Alert79%

Last Updated On Jun 10, 2020

Jeffrey Cammack

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.


Forex trading in India is illegal for non-professional traders, and the Securities Board of India (SEBI) tightly regulates professional Forex trading due to concerns over capital flight. Most Indian Forex traders use foreign “offshore” Forex brokers and fund their trading via online payment providers. For more information, click here.

Our verdict on TD Markets

🏦  Min. DepositUSD 50
🛡️  Regulated By
💵  Trading Cost 
USD 18
⚖️  Max. Leverage500:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Trust Rating
111003/ 5
Trading Conditions
1110.503.5/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
100001/ 5
Education & Research
10.50001.5/ 5
Assets Available
11110.54.5/ 5
Customer Service
111104/ 5
Beginner Friendly
Standard
Welcome Bonus

Account Information

Base Currencies
USD, ZAR
Number of FX Pairs
63
Crypto Pairs
0
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Trading Desk
Commission
8 USD / lot
EUR/USD
0.10 pips
GBP/USD
0.60 pips
USD/JPY
0.50 pips
Negative Balance Protection

Company Details

Company Name
TDM Holdings Inc
Founded
2015
Website Language
English
Support Language
English
Office Locations
South Africa

Pros

  • FSCA and FSA-St-Vincent regulated
  • Minimum deposits are set at USD 50 on Gold Accounts
  • Platform supports copy trading
  • Negative balance protection

Cons

  • Entry-level accounts are subject to higher trading costs
  • Only supports the MT4 trading platform
  • Limited educational resources
  • No information on withdrawal and deposit methods on website

Editorial Team

 

Chris Cammack
Head of Content

Chris joined the company in 2019 after ten years experience in research, editorial and design for political and financial publications. His background has given him a deep knowledge of international financial markets and the geopolitics that affects them. Chris has a keen eye for editing and a voracious appetite for financial and political current affairs. He ensures that our content across all sites meets the standards of quality and transparency that our readers expect.

 

Alison Heyerdahl
Senior Financial Writer

Alison joined the team as a writer in 2021. She is the Senior Editor for FXScouts.  She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology. However, her interest in forex trading and her love for writing led her to switch careers. She has a passion for Forex trading and over a decade of editorial experience researching Forex and the financial services industry, producing high-quality content. She hosts a weekly podcast, “Let’s Talk Forex,” alongside her colleague, Chris, and has produced over 100 Forex educational videos for the FXScouts YouTube channel. She also writes weekly technical analyses and has tested and reviewed over 100 Forex brokers.

 

Ida Hermansen
Financial Writer

Ida joined our team as a financial writer in 2023. She has a degree in Digital Marketing and a background in content writing and SEO. In addition to her marketing and writing skills, Ida also has an interest in cryptocurrencies and blockchain networks. Her interest in crypto trading led to a wider fascination with Forex technical analysis and price movement. She continues to develop her skills and knowledge in Forex trading and keeps a close eye on which Forex brokers offer the best trading environments for new traders.

Visit Broker
Broker Score
3.19 3.19  / 5
Site Icon Data provided by FxScouts

TD Markets Financial Regulation

Regulator License
Regulator License

TD Markets Trading Cost Comparison

Stay updated

This form has double opt in enabled. You will need to confirm your email address before being added to the list.

Close