MetaTrader 5
MetaTrader 5 is the only platform offered, as a downloadable Windows terminal, a browser based WebTrader and mobile apps. There is no native Mac build; the desktop terminal runs on Windows only.
Runs on
- Windows
- Web Trader
- Mobile
Details
Is Tag Markets a scam?
Wikilix independent safety report
84%Scam risk
Likely scamConfidence: HIGH
1.5/5Safety rating 1.5 out of 5
Our assessment is that Tag Markets is a high risk operation and we assess the risk of fraud as high, though it is not a fake broker: the Mauritius company behind it does hold a real trading licence.…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation7/10 · HighIdentity & transparency6/10 · HighWithdrawals & conduct8/10 · CriticalReputation9/10 · CriticalWebsite claims9/10 · CriticalOperational history6/10 · High
Editorial review
Broker Summary
What Wikilix has recorded about Tag Markets: its history, the licences it holds, its trading conditions and its fees.
TAG Markets Broker Overview
TAG Markets is an online forex and CFD broker that began operating in 2024. It is the trading name of T.M. Financials Ltd, a company incorporated in Mauritius under company number C185265, and that company both holds client trading accounts and appears on the Mauritius Financial Services Commission public register as an investment dealer. Its regulatory position is therefore confirmed supervision in Mauritius rather than an unverified claim, although that supervision has limits.
Trading is offered on a single platform, MetaTrader 5, alongside the broker's own CopyX copy trading service. Five account tiers share a minimum deposit of USD 10, and leverage runs to 1:500 on all of them except the Amplify account. For Amplify the broker publishes two different figures: its Amplify terms in its help centre give 1:30, while its account comparison page shows 1:500. The 1:30 in the Amplify terms is the figure used for this account.
TAG Markets describes its client base as global, with a primary focus on the MENA, Asian and African regions. It also publishes two lists of jurisdictions it refuses, which between them name close to forty countries and territories, including the United States, the United Arab Emirates, Russia, Indonesia, Spain, Austria and Mauritius itself.
TAG Markets Regulation and License
T.M. Financials Ltd is listed on the FSC Online Public Register as the holder of an SEC-2.1B Investment Dealer licence, described there as a full service dealer licence excluding underwriting and effective 28 March 2024, with no expiry date shown. The licensee name on the register matches the company TAG Markets names in its own regulatory small print.
One qualification matters. The broker's website gives the licence number as GB21026474, but the Mauritius register gives no licence number for any entry, so neither that figure nor the company number C185265 can be matched against the register itself. The register also publishes nothing about client classification, product scope or leverage, and the authorisation runs to T.M. Financials Ltd rather than automatically to every website the brand operates.
A second company appears in the broker's regulatory small print. TM FINANCIALS SA (PTY) LTD, registration number 2024/508189/07, is described as an authorised financial services provider under FSP number 55237, regulated by the Financial Sector Conduct Authority in South Africa. The broker states that this company provides marketing services only, and that trading accounts, trading and liquidity are provided by the Mauritius company, so a client's account is not held by the South African entity and that authorisation does not cover the trading service itself.
TAG Markets also states that it is not authorised or regulated by any European Union regulatory authority. It says clients do not benefit from EU investor protection or compensation schemes, and that the protection offered by a Mauritius registered entity differs materially from that of an EU regulated firm.
Is TAG Markets Regulated?
Yes, in Mauritius. The company that holds client accounts is on the Mauritius regulator's own public register as an investment dealer, which is confirmed supervision rather than a claim.
What it is not is onshore supervision. A Mauritius investment dealer licence carries no investor compensation scheme, and the South African authorisation belongs to a marketing company that does not maintain trading accounts. Those are different categories of protection, not the same category at a different level.
T.M. Financials Ltd and TM FINANCIALS SA (PTY) LTD
TAG Markets is a brand rather than a company, and two legal entities sit behind it with clearly different roles.
- T.M. Financials Ltd, Mauritius, company number C185265. The broker names this company as the counterparty to client trading accounts, and it is the licensee on the Mauritius register.
- TM FINANCIALS SA (PTY) LTD, South Africa, registration number 2024/508189/07. The broker states that this company provides marketing services only.
T.M. Financials Ltd appears on the Mauritius company register (Corporate and Business Registration Department) under number C185265, as a live company incorporated on 31 January 2022. The South African number 2024/508189/07 matches the Financial Sector Conduct Authority register entry for FSP 55237; it has not been checked on the South African company register. The broker's contact page lists a business address in Mauritius and marketing offices in Dubai and Medellín, Colombia, so a client should establish which entity their agreement names before signing it.
Is TAG Markets Safe?
A confirmed licence is not the same thing as safety, and this one is thin on client protection. The entity that holds client money sits in an offshore jurisdiction whose investment dealer licence carries no compensation scheme, and the company was formed in 2024, so there is little operating history to judge it on.
Three specific points matter before funding an account. The broker's own risk warning states that 85 per cent of retail investor accounts lose money trading CFDs with it. It states that clients have no access to EU investor protection or compensation schemes. And its funding terms allow a charge where a withdrawal is requested with no trading activity since the last deposit, or where the request is judged abusive.
None of that makes TAG Markets unsafe in itself. It does mean that the protections a reader may assume from an onshore regulated broker should not be assumed here.
TAG Markets Account Types
Five account tiers are offered and all five share a minimum deposit of USD 10, so what separates them is cost and leverage rather than the entry requirement.
- Zero: no commission, leverage to 1:500.
- Pro: USD 10 per lot on forex, metals and stocks, USD 1 per lot on indices, no commission on crypto, leverage to 1:500.
- Cent: a USD 15 commission, for which the account types page publishes no per lot or per side unit, leverage to 1:500.
- Islamic: swap free, no commission, leverage to 1:500.
- Amplify: USD 10 per lot on forex, metals and stocks and USD 1 per lot on indices, with leverage capped at 1:30.
TAG Markets Spreads, Commissions and Fees
Spreads are variable and average around 0.7 pips on the broker's published conditions. Commission is the real differentiator between the tiers: Zero and Islamic carry none, Pro and Amplify charge USD 10 per lot on forex, metals and stocks and USD 1 per lot on indices with crypto excluded, and Cent carries the USD 15 charge noted above.
Funding costs are only partly published. The broker states that it adds no markup to fiat deposit fees and passes on the payment provider's own cost, which it describes as rarely more than 1 to 2 per cent, and that crypto withdrawals carry the provider fee plus the blockchain network charge. Fee and commission detail for bank transfers is shown only inside the client area. A withdrawal requested with no trading activity since the last deposit, or judged abusive, may be charged either the deposit fees already incurred or 3 per cent of the withdrawal amount.
TAG Markets Leverage
Maximum leverage is 1:500 on the Zero, Pro, Cent and Islamic accounts, and 1:30 on the Amplify account, as stated in the broker's Amplify terms; its account comparison page shows 1:500 for Amplify too. The 1:500 figure is well above the retail limits enforced in onshore jurisdictions, and it magnifies losses as readily as gains.
TAG Markets Trading Platforms
MetaTrader 5 is the only trading platform TAG Markets offers. It is available as a Windows desktop terminal, a browser based WebTrader and mobile apps. There is no native Mac build, so a Mac user is limited to the browser and mobile versions, and neither MetaTrader 4 nor cTrader is part of the offering.
Alongside MT5 the broker runs its own CopyX copy trading service and promotes trading tournaments from its website.
TAG Markets Deposits and Withdrawals
Card deposits by Visa and Mastercard start at USD 10, while bank wire and cryptocurrency both start at USD 500. Every published method is capped at USD 5,000 per deposit, which is low enough to matter for a larger account. Two local methods, PSE and Efecty, are offered to clients in Latin America only, and the broker notes that method availability depends on country of residence.
On the way out, the published detail is uneven. Crypto withdrawals have a USD 10 minimum, USD 50 for TRX, and the broker states they are processed within 24 hours once reviewed. Withdrawals to a bank account are exclusive to the European Community, start at USD 500 and are published as taking 5 to 8 business days, against 5 to 7 days on the broker's own average withdrawal times page. Card payouts are normally returned to the card used to deposit and carry no published timeframe. The broker's general guidance is 5 minutes to 24 hours on the same day, with up to 2 days where a transaction above USD 10,000 brings anti money laundering checks into play.
TAG Markets Support
Support is offered around the clock by live chat, in English and Spanish. The broker publishes a support address at help@tagmarkets.com, a separate complaints address at legal@tagmarkets.com, an international telephone number and a WhatsApp contact, and it runs a public help centre with an FAQ section.
TAG Markets Pros and Cons
The strengths are a USD 10 minimum deposit on every tier, a commission free option in the Zero and Islamic accounts, a licence confirmed on the regulator's register in the name of the company that actually holds client accounts, round the clock support in two languages, and unusually clear small print about which company takes client money and which does not.
The limitations are an offshore licence with no compensation scheme and no EU protections, a short operating history since 2024, a single trading platform with no native Mac terminal, deposits capped at USD 5,000 per transaction, a bank withdrawal rail restricted to the European Community, fee detail that only becomes visible after an account is opened, and a long list of refused jurisdictions that includes Mauritius itself.
TAG Markets Review and Assessment
TAG Markets is a young broker with a simple and consistent offer: one platform, a low entry deposit, high leverage, and a commission free tier for clients who would rather pay in the spread. Its corporate disclosure is better than the segment average, because it says in plain terms which of its two companies takes client money, and the Mauritius register confirms that company as a licensed investment dealer.
What a reader should weigh is the quality of that supervision rather than its existence. The licence is offshore, it carries no compensation scheme, and the number the broker advertises cannot be matched on a register that prints none, so the entity name is what a client can actually verify. Anyone considering an account should search the FSC register for T.M. Financials Ltd, confirm which entity their agreement names, and read the funding and withdrawal terms in full before depositing.
Website archive
Website snapshots
2 full-page captures of Tag Markets's own site, archived so what they said can still be read after the pages change.
2 pages
Regulation check
Regulatory Licenses
We have not confirmed any regulation for Tag Markets. Money deposited with an unregulated broker is protected only by the company itself.
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for Tag Markets. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Trading accounts
Account Types
5 account types on record. Minimum deposit from USD 10. Leverage up to 1:500.
5 account types
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| ZeroZero · ECN | USD 10 | 1:500 | $0 per lot |
| ProPro ECN · ECN | USD 10 | 1:500 | $10 per lot forex, metals and stocks; $1 per lot indices; none on crypto |
| CentCent | USD 10 | 1:500 | $15 per lot |
| IslamicIslamic · Swap-Free | USD 10 | 1:500 | $0 per lot |
| AmplifyFunded · Prop | USD 10 | 1:30 | $10 per lot forex, metals and stocks; $1 per lot indices; none on crypto |
Client acceptance
Country availability
Where Tag Markets says it will and won't take clients
40 countries
Confirmed blocked
Named in the broker's own terms
AEUnited Arab EmiratesAFAfghanistanAIAnguillaALAlbaniaASAmerican SamoaATAustriaBFBurkina FasoCDCongo (Democratic Republic)CFCentral African RepublicDMDominicaESSpainFJFiji
Show 26 moreShow fewer
GUGuamHTHaitiIDIndonesiaIQIraqIRIranJOJordanKPNorth KoreaKYCayman IslandsLYLibyaMLMaliMMMyanmarMUMauritiusPAPanamaPHPhilippinesPSPalestinePWPalauRURussiaSDSudanSOSomaliaSYSyriaTTTrinidad and TobagoUAUkraineUSUnited StatesVIVirgin Islands (U.S.)VUVanuatuYEYemen
Covered by a parent block
Territories a blocked country carries with it
PRPuerto RicoMPNorthern Mariana Islands
How we know — 14 sources
- 1The refused countries combine two refusal lists the broker publishes, both unchanged as of 4 October 2026. KYC AML Policy, clause 8 "Unacceptable Jurisdictions": "The Company does not accept clients from the following jurisdictions: Mauritius, United States of America, Afghanistan, American Samoa, Anguilla, Dominica, Fiji, Guam, Palau, Panama, Trinidad and Tobago, Virgin Islands (U.S.), Vanuatu, Central African Republic, Democratic Republic of Congo, North Korea, Ukraine, Russia, Iran, Iraq, Indonesia, Libya, Mali, Somalia, Sudan, Yemen, State of Palestine, United Arab Emirates." (https://www.tagmarkets.com/kyc-aml/)
- 2The second list is the broker's help centre article "Which countries cannot trade with TAG Markets?", last modified 12 May 2026: "Tag Markets refrains from offering services to: Myanmar, Albania, Burkina Faso, Cayman Islands, Haiti, Jordan, Philippines, Syria, Yemen, Spain, UAE, Afghanistan, USA, Austria" (https://intercom.help/tag-markets/en/articles/9642298-which-countries-cannot-trade-with-tag-markets). All nine collections of that help centre were searched this review for restriction wording (restricted, prohibited, jurisdiction, residents, countries, blocked, sanction, eligible) and this is the only article that names jurisdictions; every other match is payment-card or promotional-abuse material.
- 3The two lists overlap on only four jurisdictions (United States, Afghanistan, Yemen, United Arab Emirates) and neither presents itself as exhaustive, clause 8 adding that "This list is subject to updates from time to time". Both are the broker's statements of refusal and neither contradicts the other, so every jurisdiction either one names is refused.
- 4American Samoa, Anguilla, Cayman Islands, Guam and Virgin Islands (U.S.) are dependent territories the broker names itself, so they are confirmed refusals. Puerto Rico and the Northern Mariana Islands are recorded as dependent territories instead: the broker names the United States and three of its other territories but not these two. The uninhabited U.S. Minor Outlying Islands are left out of every list.
- 5There are no likely but unconfirmed refusals. The only category wording on the site is the footer line "Services may not be available in jurisdictions where they would be contrary to applicable laws or regulations", which names no category of country. The footer "Protection Notice" states the firm "is not authorised or regulated by any European Union regulatory authority" and that clients "do not benefit from EU investor protection schemes", but invites them to consider this "before proceeding", so it is a disclosure and not a refusal: Spain and Austria are refused individually and that was not widened to the EU or the EEA.
- 6Two help centre articles limit the bank-transfer withdrawal rail by residence rather than by onboarding: "Withdrawals via Bank Accounts are EXCLUSIVE to the European Community" (https://intercom.help/tag-markets/en/articles/13336836-timeframes-and-amounts-for-withdrawals-via-bank-accounts) and "bank account withdrawals take 5 to 7 days and are available only to residents of the European Union" (https://intercom.help/tag-markets/en/articles/13335096-average-withdrawal-times-at-tag-markets, last modified 15 March 2026). That is a payment-method limitation and not a statement about who may open an account, so it adds no country to either list. It is mentioned because it points the opposite way from the footer's European wording. The only two European Union members the broker names anywhere are Spain and Austria, and it refuses both outright.
- 7No country is shown as accepted. The broker publishes no accepted-countries list, and the onboarding country selector could not be read during this review: every "Get Started", "Start Trading" and "Free Demo Account" control on the site points at the client portal (https://portal.tagmarkets.com/), which is the only other host the site references anywhere, and its registration form did not open. The broker's own registration guides in its help centre describe the flow in prose and video without naming a single country, so no onboarding selector was available to rank above the published documents.
- 8The site-wide footer "Regional restriction" paragraph claims "a primary focus on clients in the MENA, Asia, and African regions, including countries such as Bahrain, Saudi Arabia, Jordan, Qatar, Oman, Philippines, Turkey, Pakistan, India, Bangladesh, Malaysia, Thailand, Mauritius, Egypt, South Africa, and Kenya" (https://www.tagmarkets.com/, repeated on every page read). It conflicts with the broker's refusal lists on three of those sixteen markets: the help centre article refuses Jordan and the Philippines, and clause 8 refuses Mauritius. So it does not count as acceptance of any market, and those three are refused.
- 9The client agreement was read in full this review (https://www.tagmarkets.com/client-agreement/, thirty-six clauses) and carries no restricted-jurisdiction clause under Capacity, Services, Representations and Warranties or Payments; its only country wording is that "the availability of each payment method may differ depending on the Client's country of residence". The refund and withdrawal policy (https://www.tagmarkets.com/refund-and-withdrawal-policy/), the risk warning (https://www.tagmarkets.com/risk-warning/), the privacy notice (https://www.tagmarkets.com/privacy/), the complaints policy (https://www.tagmarkets.com/complaints/), the best execution policy (https://www.tagmarkets.com/conflict-of-interest/), the regulatory commitment page (https://www.tagmarkets.com/regulatory-request/), the insurance page (https://www.tagmarkets.com/insurance/) and the partners page (https://www.tagmarkets.com/partners/) name no jurisdiction at all.
- 10The site serves no dedicated countries page and no separate terms document: /restricted-countries/, /prohibited-countries/, /accepted-countries/, /restricted-jurisdictions/, /where-we-operate/, /countries/, /terms/ and /legal/ each return a not-found page, so the client agreement is the terms document and the help centre article is the countries page.
- 11The deposit methods page (https://www.tagmarkets.com/deposit-methods/) groups its funding options under regional tabs for Europe, the UK, LATAM, Asia, Africa and "Other" without naming a country in any of them; only the LATAM tab differs from the rest, adding the Colombian rails PSE and Efecty. A region does not name countries, and a payment method does not mean a country is accepted, so that page adds nothing to either list.
- 12No regulator filing was relied on. The broker's footer names two supervised entities, T.M. Financials Ltd (Mauritius, company number C185265, Financial Services Commission investment dealer licence GB21026474) and TM FINANCIALS SA (PTY) LTD (South Africa, registration number 2024/508189/07, Financial Sector Conduct Authority FSP number 55237, described as providing marketing services only). A licence's permitted territories describe the licence, not the firm's onboarding policy, and on their own can never show that a country is refused. So no country is listed on the basis of either entity.
- 13The lists are identical in the site's other language variants: the Spanish KYC AML Policy clause 8 (https://www.tagmarkets.com/es/kyc-aml/) gives the same twenty-eight jurisdictions. The broker publishes sixteen language versions (English, Spanish, German, Italian, Japanese, Chinese, Simplified Chinese, Korean, Arabic, Hindi, Vietnamese, Russian, Burmese, Thai, Turkish, French). These say nothing about acceptance: they include Russian and Burmese although Russia and Myanmar are both refused.
- 14Iran is a confirmed refusal. The broker's own KYC AML Policy clause 8 (https://www.tagmarkets.com/kyc-aml/) names Iran among the countries it does not accept. The broker publishes no Persian-language variant of its site (/fa/ and /fa-ir/ return its not-found page, Persian is absent from the sixteen variants it does publish, and no fa. subdomain of its domain resolves), no Persian partner page, and no rial, toman, Farsi or Iranian payment wording anywhere in its help centre.
Deposits & withdrawals
Funding Methods
6 ways to fund an account. 6 credit instantly.
6 methods
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| VisaCredit Card1 | Not recorded | Not recorded | USD 10 | Not recordedNot recorded | Instant |
| MastercardCredit Card1 | Not recorded | Not recorded | USD 10 | Not recordedNot recorded | Instant |
Bank WireWire TransferDeposit minimum 500 USD and maximum 5,000 USD as published on the deposit methods page, where bank wire is listed in every region. Re-checked 2026-10-04: the broker now publishes a separate minimum withdrawal amount for bank accounts of 500 USD, states that withdrawals via bank account are exclusive to the European Community, and gives a bank payout timeframe of 5 to 8 business days on its bank withdrawal page against 5 to 7 days on its average withdrawal times page. Its general withdrawal timeframe remains 5 minutes to 24 hours on the same day, with up to 2 days for transactions over 10,000 USD where anti-money-laundering checks apply. Fee and commission detail is shown only inside the client area, so no figure is published. The one free withdrawal per month allowance could not be re-confirmed. | Not recorded | Not recorded | USD 500 | USD 500Not recorded | Instant |
CryptoCryptocurrencyDeposit minimum 500 USD and maximum 5,000 USD as published on the deposit methods page. Crypto withdrawal fees are the raw payment provider fees with no broker markup, plus the blockchain gas fee, which varies with network congestion and the coin withdrawn. Re-checked 2026-10-04: the broker publishes a minimum withdrawal of 10 USD for ETH, BSC and BTC and 50 USD for TRX, and states that all crypto withdrawals are processed within 24 hours subject to review. Withdrawals are also subject to a commission percentage that depends on the network used and on the exchange fees applying at the time, so no fixed figure is published. | Not recorded | Not recorded | USD 500 | USD 10Not recorded | Instant |
PSEBank TransferShown only under the LATAM tab of the deposit methods page, alongside Efecty; the other five regional tabs do not list it. The broker states that the availability of each payment method varies with the client's country of residence. No fee figure is published. Re-checked 2026-10-04: still listed under the LATAM tab alone, with a 10 USD minimum and 5,000 USD maximum deposit and instant processing. | Not recorded | Not recorded | USD 10 | Not recordedNot recorded | Instant |
EfectyOtherShown only under the LATAM tab of the deposit methods page, alongside PSE; the other five regional tabs do not list it. The broker states that the availability of each payment method varies with the client's country of residence. No fee figure is published. Re-checked 2026-10-04: still listed under the LATAM tab alone, with a 10 USD minimum and 5,000 USD maximum deposit and instant processing. | Not recorded | Not recorded | USD 10 | Not recordedNot recorded | Instant |
Broker's notes on these methods
- Deposit minimum 10 USD and maximum 5,000 USD as published on the deposit methods page, which lists cards in every region. Withdrawals are normally returned to the same card used to deposit. The broker states it adds no markup to fiat deposit fees and passes through the payment provider's own cost, rarely more than 1 to 2 per cent. A withdrawal requested with no trading activity since the last deposit, or judged abusive, may be charged the equivalent of the deposit fees incurred or 3 per cent of the withdrawal amount. Re-checked 2026-10-04: the deposit limits and the no-markup fee statement are unchanged, and the refund policy still provides for payment back to the original payment method. The broker's own withdrawal guidance, however, publishes payout timings only for cryptocurrency and for European Union bank accounts, so no card payout timeframe is stated. Fiat fees are shown only during the deposit process, so no figure is published. The 3 per cent abusive-withdrawal charge could not be re-confirmed. · applies to 2 methods
Trading software
Trading Platforms
One trading platform on record: MetaTrader 5.
1 platform
Websites
Global Domains
3 domains on record. All active and served over HTTPS.
3 domains
Legal entities
Corporate Network
2 legal entities behind the Tag Markets brand.
2 entities
- T.M. Financials LtdActiveMauritiusRegistration C185265Entity the broker names as the contracting party for client trading accounts, operating under the Tag Markets trading name.
- TM FINANCIALS SA (PTY) LTDActiveSouth AfricaRegistration 2024/508189/07Entity the broker names as providing marketing services only, with trading accounts maintained by the Mauritius company.
Company registry check
Company Registration
The operating company is T.M. Financials Ltd. Registered in Mauritius. Registration number C185265.
Verified on registry
- Legal entity
- T.M. Financials Ltd
- Registration number
- C185265
- Jurisdiction
- Mauritius
- Incorporated
- Jan 31, 2022
- Registry
- Corporate and Business Registration Department (CBRD), Mauritius
- Registered address
- 3 Emerald Park, Trianon, Quatre Bornes 72257, Mauritius
Peer comparison
Brokers worth comparing
3 other brokers on the record share what Tag Markets offers — its country, regulator, account types or platforms — set beside it on the same measures.
3 peers
Tag Markets
This recordMauritius · since 2024Wikilix score 20.0RegulationNo RegulationMax leverage1:500Platforms1LicencesNot recordedAUS GLOBAL
Mauritius · since 2023· AUS Global MU LimitedWikilix score 20.0RegulationRegulatedCySECMax leverage1:500Platforms4Licences4Exness
Cyprus · since 2008· Exness Technologies LtdWikilix score 20.0RegulationRegulatedFSAMax leverage1:100Platforms2Licences8INFINOX
United Kingdom · since 2009· Infinox Capital LtdWikilix score 20.0RegulationRegulatedFCAMax leverage1:30Platforms2Licences2
Frequently Asked Questions
Frequently Asked Questions
Common questions about Tag Markets
Most Popular Questions
Yes. The Islamic account is TAG Markets' swap free tier, and it opens from USD 10 like every other tier, carries no commission and allows leverage up to 1:500.
Costs come from a variable spread plus a per tier commission. The broker's published conditions give an average spread of around 0.7 pips, with Zero and Islamic charging no commission, Pro and Amplify charging USD 10 per lot on forex, metals and stocks and USD 1 per lot on indices according to the broker's commission article (its account comparison page shows no commission on these two), and Cent carrying a USD 15 charge.
Funding costs are only partly published. TAG Markets states that it adds no markup to fiat deposit fees and passes on the payment provider's own cost, which it describes as rarely more than 1 to 2 per cent, while bank transfer fee detail is shown only inside the client area.
Five: Zero, Pro, Cent, Islamic and Amplify. All five open from USD 10, and leverage reaches 1:500 on Zero, Pro, Cent and Islamic, with Amplify at 1:30 under the broker's Amplify terms; its account comparison page shows 1:500 for Amplify.
Commission is what separates them. Zero and Islamic are commission free, Pro and Amplify charge USD 10 per lot on forex, metals and stocks and USD 1 per lot on indices with nothing on crypto, according to the broker's commission article, although its account comparison page shows no commission on these two, and Cent carries a USD 15 charge for which the account types page publishes no per lot or per side unit.
USD 10, and it is the same on all five account tiers, so the entry requirement is not what separates them.
The funding rail matters more than the tier. Card deposits and the Latin American PSE and Efecty rails start at USD 10, while bank wire and cryptocurrency deposits start at USD 500, and every published method is capped at USD 5,000 per deposit.
TAG Markets states that account verification takes a few minutes and can be tracked live while it runs. It adds that delays occur when demand is high or when the documents submitted are incomplete, so clear and current identity documents are what keeps verification to the published few minutes.
Yes. TAG Markets provides demo accounts funded with virtual money, created from the client portal by opening the Accounts area, choosing to add a demo account and selecting the account type you want to practise on.
The broker then issues an account number and lets you set your own password. Its help centre documents separate trading conditions for demo accounts, so treat demo results as indicative rather than identical to live trading.
TAG Markets is the trading name of T.M. Financials Ltd, a company incorporated in Mauritius under number C185265, and that is the company its own documents name as the counterparty to client trading accounts. Its Mauritius business address is 3 Emerald Park, Trianon, Quatres Bornes.
Its lists that Mauritius business address together with marketing offices in Dubai and Medellín, Colombia, and the broker names a second company, TM FINANCIALS SA (PTY) LTD of South Africa, registration number 2024/508189/07, which it says provides marketing services only. Establish which entity your agreement names before signing it.
The TAG Markets website is published in 16 languages, among them English, Spanish, German, Italian, French, Russian, Turkish, Arabic, Hindi, Japanese, Korean, Thai, Vietnamese, Burmese and Chinese. The broker's own help centre, where its written answers live, is narrower: it is published in English and Spanish only.
So reading the site in your own language does not mean support material or agents will be available in it. English is the safest assumption for written support.
Complaints must be in writing, either by email to legal@tagmarkets.com or through the form on the broker's website, and TAG Markets states that it does not accept verbal complaints at all. Its sets out the procedure.
The broker undertakes to acknowledge a written complaint within five working days and to issue a reference number, with an indicative handling time of 15 working days and an outer limit of two months from submission. The procedure is stated to be free of charge, and complaint records are kept for at least five years after the account is closed.
TAG Markets answers through three written channels: the form on its , a live chat window that appears on the site, and WhatsApp. That page states that agents are standing by on WhatsApp 24/7 and presents contact as available around the clock.
Common questions are answered in the broker's own help centre, which is published in English and Spanish. Formal complaints follow a separate written procedure rather than any of these channels.
Yes, and the broker publishes two separate refusal lists. Clause 8 of its names 28 jurisdictions it does not accept, among them the United States, the United Arab Emirates, Russia, Ukraine, Indonesia, Iran, Iraq, North Korea, Panama, Vanuatu and Mauritius itself, while its help centre article on countries that cannot trade with it adds Albania, Austria, Burkina Faso, the Cayman Islands, Haiti, Jordan, Myanmar, the Philippines, Spain and Syria.
Read both before applying. Neither presents itself as complete, the policy adds that its list is subject to updates, and Mauritius appearing on it means the broker does not serve residents of the jurisdiction where its licensed company sits.
Maximum leverage is 1:500, and it is available on the Zero, Pro, Cent and Islamic accounts. The Amplify account is the exception: the broker's Amplify terms in its help centre give 1:30, although its account comparison page shows 1:500 for that account as well.
Leverage at 1:500 is far above the retail limits enforced in onshore jurisdictions, and it magnifies losses as readily as gains.
Deposits are accepted by Visa and Mastercard, bank wire and cryptocurrency, with the local rails PSE and Efecty offered to clients in Latin America. Cards and the two local rails start at USD 10, bank wire and crypto start at USD 500, and every published method is capped at USD 5,000 per deposit.
On the way out, crypto withdrawals have a USD 10 minimum, USD 50 for TRX, and the broker states they are processed within 24 hours once reviewed. Withdrawals to a bank account are exclusive to the European Community, start at USD 500 and are published as taking 5 to 8 business days, while card payouts are normally returned to the card used to deposit and carry no published timeframe.
MetaTrader 5 is the only platform TAG Markets offers. It comes as a Windows desktop terminal, a browser based WebTrader and mobile apps, so a Mac user is limited to the browser and the mobile apps because there is no native Mac build.
Neither MetaTrader 4 nor cTrader is part of the offering. Alongside MT5 the broker runs its own CopyX copy trading service.
TAG Markets operates through T.M. Financials Ltd, which is recorded on the Mauritius FSC Online Public Register as the holder of an SEC-2.1B Investment Dealer licence effective 28 March 2024. That confirmation covers the company and the licence category. The register gives no licence number for any entry, so the GB21026474 figure the broker advertises cannot be matched against it.
Regulated is not the same as safe. This is an offshore Mauritius authorisation with no investor compensation scheme behind it, the broker states it is not authorised by any European Union regulator and that its clients have no EU protections, and its own risk warning says 85 per cent of retail investor accounts lose money trading CFDs with it.
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