This is an archived reading from Sep 23, 2026. It is not the current one, and Tag Markets may have changed these documents since.Read the current report

Wikilix
Contract reading

What Tag Markets legally published, but does not want you to read

Every clause below was published by Tag Markets itself, on its own website, on the day we read it. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. This is what they said on .

Contracting entity: T.M. Financials

sole discretionprofit voidingmarketing mismatchmissing documentundefined triggerforum waiverhidden feekyc freezewithdrawalsaccount closure

Tag Markets promises on its home page that you keep 100% of your profits. The contract lets T.M. Financials remove profit it calls illicit, and the paragraph defining that phrase has been deleted. One page promises negative balance protection while the risk warning says you can lose more than you deposited. Taking out money you did not trade can cost 3%.

Back to Tag Markets

Contract risk

Money at risk
7.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
4
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
15
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
7
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
5

How the 15 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical4
Warning10
Notice1

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

1 of these 4 figures comes from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical100%In the contract. Jump to the clause this comes from.Keep 100% of profits sits above a profit removal clause3%Fee you were not shown. Jump to the clause this comes from.A 3% charge for withdrawing money you did not trade$20Fee on an unused account. Jump to the clause this comes from.EUR 20 a month once your account sits still six months14 daysDocument deadline. Jump to the clause this comes from.Miss the 14 day document deadline and your money waits

What the documents say

15 clauses worth knowing about, worst first, each quoted from Tag Markets's own files

01

Tag Markets tells you on its home page that you keep 100% of your profits. The client agreement lets T.M. Financials adjust your balance to remove profit it calls illicit. It never says what illicit means.

Why this matters

Your profit is yours until the firm decides it is not. Four kinds of trading count as a default, including trading the firm judges excessive, and the remedy is taking that profit off your balance.

Exhibit 1CriticalHarder than usual100%

Adjust the Client’s Trading Account balance to remove any illicit profit.
Clause Events of Default, Remedies in Client Agreement
Read from the broker's site on Open the reference
Our own capture of web.archive.org, taken on Sep 23, 2026The claim, on English home page, Amplify sectionVisit this page on the broker's siteDownload the full size image file
Our own capture of web.archive.org, taken on Sep 23, 2026What the contract says, clause Events of Default, RemediesVisit this page on the broker's siteDownload the full size image file
Our own capture of web.archive.org, taken on Sep 23, 2026The claim, on Amplify product page, headline bulletVisit this page on the broker's siteDownload the full size image file
Our own capture of web.archive.org, taken on Sep 23, 2026What the contract says, clause Default, 18.1Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must describe the grounds on which they can cancel a trade or reverse a profit, in terms a retail client can check. This contract leaves the key term undefined.

Tag Markets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 6The home page promises the whole profit while the contract keeps the power to remove part of it and has dropped the definition that limited the power.
  • Worse together with Exhibit 14The same promise runs in Arabic, and a separate clause says the Arabic version does not bind the firm.
02

Tag Markets states on its regulatory page that you can never be liable for more than your deposit. Its own risk warning says the opposite. The contract gives you 2 working days to pay anything you owe above your balance.

In plain words

Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.

Why this matters

A fast market can leave you owing T.M. Financials money you never deposited. The page that promised to absorb that shortfall is not the document you agreed to.

Exhibit 2CriticalHarder than usual2 working days

Negative Balance Protection: in the event that market volatility causes losses exceeding deposited funds, we absorb the deficit, ensuring clients are never liable for more than their initial deposit.
Clause Our compliance framework includes in Regulatory Commitment and Contact Information
Read from the broker's site on Open the reference
Our own capture of web.archive.org, taken on Sep 23, 2026The claim, on Regulatory Commitment page, compliance framework listVisit this page on the broker's siteDownload the full size image file
Our own capture of web.archive.org, taken on Sep 23, 2026What the contract says, clause Risk WarningsVisit this page on the broker's siteDownload the full size image file

What it costsOn a $1,000 account, a gap that turns your position into a $1,400 loss leaves you $400 short. The contract asks for that $400 within 2 working days.

Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA, CySEC or under ESMA rules must give retail clients negative balance protection, so a retail account cannot be pushed below zero. This contract requires you to pay the excess within 2 working days.

Tag Markets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

03

Suspicion is the whole trigger. If T.M. Financials suspects fraud, manipulation or swap arbitrage on your account, it can close your positions and annul your profits. It can also end every agreement with you.

Why this matters

No finding and no proof is needed, and the contract gives you no appeal. Swap arbitrage is not defined anywhere in the document set, so you cannot know in advance what crosses the line.

Exhibit 4CriticalHarder than usual

deduct or add a penalty (equivalent to swap and/or profit amount) for transactions currently or previously made in the account;
Clause Use of the Trading Platform and Safety in Client Agreement
Read from the broker's site on Open the reference
Our own capture of web.archive.org, taken on Sep 23, 2026Suspicion alone lets the firm annul your profits (clause Use of the Trading Platform and Safety)Visit this page on the broker's siteDownload the full size image file
  • Worse together with Exhibit 6One clause annuls profit on suspicion and the other removes profit under a label the contract no longer defines, so neither power has a stated limit.
04

Ask for your money back after a deposit you never traded, and T.M. Financials can take 3% of the amount. The same clause applies if it finds any other form of abuse, which the contract does not define.

Why this matters

Changing your mind costs you 3% of your own money. You cannot check the rest of the charges before you sign, because the contract keeps the fee list in the Client Area behind a login.

Exhibit 3WarningHarder than usual3%

charge 3% of the total withdrawal amount.
Clause Commissions, Charges and Other Costs in Client Agreement
Read from the broker's site on Open the reference
Our own capture of web.archive.org, taken on Sep 23, 2026The claim, on Account Types page, Zero account descriptionVisit this page on the broker's siteDownload the full size image file
Our own capture of web.archive.org, taken on Sep 23, 2026What the contract says, clause Commissions, Charges and Other CostsVisit this page on the broker's siteDownload the full size image file

What it costsA $1,000 withdrawal on an untraded deposit returns $970. The other $30 stays with T.M. Financials.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must disclose costs and charges to a retail client before that client trades. This contract points you to a logged in area for the figures.

Tag Markets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

05

Stop trading for six months and T.M. Financials can charge you EUR 20 every month for holding the account. If the balance reaches zero, it can close the account.

Why this matters

A small balance drains fast at that rate. Nothing in the clause requires the firm to warn you before the charging starts.

Exhibit 5WarningHarder than usual$20

The Company reserves the right, at its discretion, to impose a handling fee of EUR 20 (or equivalent) per month on dormant and/or inactive accounts, or to close such accounts, in the following cases:
Clause Dormant and Inactive Accounts in Client Agreement
Read from the broker's site on Open the reference
Our own capture of web.archive.org, taken on Sep 23, 2026EUR 20 a month once your account sits still six months (clause Dormant and Inactive Accounts)Visit this page on the broker's siteDownload the full size image file

What it costsA EUR 100 balance left alone for six months then starts losing EUR 20 a month. Five months later it is empty.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
After six monthsT.M. Financials treats the account as dormant.Dormant and Inactive Accounts
Positive balanceA EUR 20 monthly handling fee can start, and the firm can change the amount.Dormant and Inactive Accounts
Zero balanceT.M. Financials can close the account.Dormant and Inactive Accounts

Two clauses let the firm take back profit you have already made

Suspicion alone is enough: if T.M. Financials suspects fraud, manipulation or swap arbitrage, it can annul your profits and end every agreement with you. A second clause lets it adjust your balance to remove illicit profit, and the paragraph that defined illicit profit was cut from the contract after December 2024. Neither power carries a stated limit, a notice period or an appeal.

Profit removal1 clause flagged

T.M. Financials can still adjust your balance to remove illicit profit. The paragraph that defined illicit profit was in the December 2024 contract and is gone from the current one.

Why this matters

Nothing now sets a limit on what counts as illicit. The old definition tied it to a default or to abnormal market conditions, and that second phrase now points at a term the contract has also stopped defining.

Exhibit 6CriticalRarely seenNew

Adjust the Client’s Trading Account balance to remove any illicit profit.
Clause Events of Default, Remedies in Client Agreement
Read from the broker's site on Open the reference

Our readingContracts normally keep a definition for every term their operative clauses depend on. Here the power to remove illicit profit survived the rewrite and the meaning of illicit profit did not, so the boundary on the power went with it.

  • Worse together with Exhibit 12Definitions were removed from the contract and the companion document that is supposed to supply the missing meanings is not published.

What Tag Markets advertises is not what its contract says

Tag Markets promises on its home page that you keep 100% of your profits and can withdraw when you please. The client agreement lets T.M. Financials remove profit it calls illicit and charge 3% on some withdrawals. A second promise, negative balance protection, appears on the regulatory page and is contradicted by the firm's own risk warning. The same profit promise runs in Arabic, above a clause saying translations do not bind the firm.

Promise against contract1 clause flagged

The Arabic home page tells readers to keep 100% of their profits and withdraw whenever they want. The contract says only English binds T.M. Financials, and that local language content has no legal effect.

Why this matters

Read the promise in Arabic and it forms no part of your agreement. The version that counts is the English one, and it lets the firm remove profit and charge 3% on some withdrawals.

Exhibit 14WarningHarder than usual

The Client acknowledges that the Company’s official language is English. The Client should always refer to the main Website for information and disclosures. Translations or local language content are for informational purposes only and are not legally binding.
Clause Miscellaneous in Client Agreement
Read from the broker's site on Open the reference
Our own capture of web.archive.org, taken on Sep 23, 2026The claim, on Arabic home page, Amplify sectionVisit this page on the broker's siteDownload the full size image file
Our own capture of web.archive.org, taken on Sep 23, 2026What the contract says, clause MiscellaneousVisit this page on the broker's siteDownload the full size image file

Amplify is sold on the home page and has no published terms

Tag Markets can alter, suspend or cancel any bonus or promotion at any time and without prior notice. Suspicion of bonus or swap arbitrage nullifies every transaction and every profit made under the scheme. Its flagship Amplify product and its CopyX copy trading service are advertised on the home page, and neither has terms of its own in the legal shelf.

Promotions1 clause flagged

T.M. Financials can alter, suspend or cancel any bonus or promotion whenever it likes, without telling you first. Suspicion of bonus arbitrage wipes out every transaction and every profit made under the scheme.

Why this matters

Amplify is sold on the home page and has no published terms of its own. The only clause covering promotions lets the firm end one without notice and take the profits with it.

Exhibit 13WarningHarder than usual

The Company reserves the right, at its discretion, to alter, amend, suspend, cancel, or terminate the Trading Benefits Scheme, in whole or in part, at any time without prior notice.
Clause Trading Benefits in Client Agreement
Read from the broker's site on Open the reference

The contract points at documents Tag Markets does not publish

Any word the client agreement leaves undefined takes its meaning from the Terms of Business, a document that does not appear anywhere on the site. The current contract also dropped a long block of its own definitions, including leverage, equity and margin level. Separately, the KYC policy bars clients from 28 countries, among them the United Arab Emirates, Indonesia, Ukraine and Mauritius itself.

Missing pieces2 clauses flagged

Any word the client agreement does not define takes its meaning from the Terms of Business. Tag Markets publishes no Terms of Business, and the current contract has dropped a long block of its own definitions.

Why this matters

Words like leverage, margin level and equity decide when your positions get closed. The contract no longer defines them, and the document it sends you to for the meaning does not exist.

Exhibit 12WarningRarely seen

Any words not defined in this Client Agreement shall have the meaning provided in the Terms of Business.
Clause General Interpretations in Client Agreement
Read from the broker's site on Open the reference

Our readingContracts routinely point at a companion document for definitions. The unusual part here is that the companion document is absent from the site while the definitions it would have supplied were cut from the contract.

T.M. Financials does not take clients from 28 countries. The list runs from the United Arab Emirates and Indonesia to Ukraine, and it includes Mauritius, where the company itself is registered.

Why this matters

Sign up from one of those countries and you are outside the policy from the first day. The firm can reject or close an account at its absolute discretion and without giving a reason.

Exhibit 15NoticeStandard wording28

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.
Clause 8. Unacceptable Jurisdictions in KYC AML Policy
Downloaded from the broker's site on Open the reference

Only the broker's own records count in a price dispute

Tag Markets will not accept a complaint that cites another firm's quotes or any outside information system. Where its price feed fails, the contract settles the dispute on the firm's own server records. Anything the contract and the complaints policy do not cover is decided at the firm's sole discretion.

Evidence rules1 clause flagged

You cannot point at another firm's prices to argue that a trade was wrong. The contract refuses that kind of complaint, and settles price disputes on T.M. Financials' own server records.

Why this matters

The only evidence the contract accepts is evidence the other side holds. Anything the contract and the complaints policy do not cover is decided at the firm's sole discretion.

Exhibit 7WarningHarder than usual

References by the Client to Quotes of other companies or information systems in relation to Disputes.
Clause Rejection of Complaints in Client Agreement
Read from the broker's site on Open the reference

Every dispute goes to Mauritius, and no ombudsman is named

T.M. Financials gives the courts of Mauritius exclusive jurisdiction and makes you waive any objection that they are an inconvenient forum. Its own KYC policy will not accept clients resident in Mauritius. Across all seven published documents, no independent complaints scheme or ombudsman is named as a route after the firm's own process ends.

Where you sue1 clause flagged

T.M. Financials puts every dispute before the courts of Mauritius, and makes you give up any argument that those courts are inconvenient. Its own policy will not accept clients who live in Mauritius.

Why this matters

Suing means hiring lawyers in a country you have probably never visited. No ombudsman and no independent complaints scheme is named anywhere in the seven documents.

Exhibit 8WarningHarder than usual

waives any objection to the filing of cases in such courts, including objections on grounds of inconvenient forum or lack of jurisdiction.
Clause Governing Law and Jurisdiction in Client Agreement
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must give a retail client access to an independent complaints scheme once the firm's own process ends. This document set names none.

Tag Markets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

A 14 day deadline, then an open ended wait for your money

Tag Markets gives you 14 days from opening an account to complete identity checks. Miss it and the normal outcome is fair: your deposit is returned and the account is closed. If the money cannot be sent back to its source account, the firm holds it until you satisfy its checks, with no outer time limit written down.

Identity checks1 clause flagged

You get 14 days to finish identity checks after opening the account. Miss it and T.M. Financials returns your deposit and closes the account. If the money cannot go back to the account it came from, the firm holds it until you satisfy its checks.

Why this matters

There is no outer limit on that wait. The policy says the funds may be withdrawn once the firm is satisfied, and the firm alone decides when it is satisfied.

Exhibit 9WarningHarder than usual14 days

Such clients must complete full KYC onboarding and provide all relevant documents within 14 days of opening the Trading Account.
Clause 3.3. Operation of Trading Account Prior to Completion of Verification in KYC AML Policy
Downloaded from the broker's site on Open the reference

Tag Markets trades against you and its conflicts policy omits it

The client agreement states that T.M. Financials deals on a principal to principal basis and executes orders on its own account, so it is the counterparty to your trades. Its conflicts of interest policy runs to six sections and never mentions that arrangement. The same document is published under the title Best Execution Policy, and the order execution policy the contract refers to is not on the site.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Who is on the other side1 clause flagged

T.M. Financials is the other side of your trades. The client agreement says so plainly, and the conflicts of interest policy never mentions it once.

Why this matters

When you lose on a trade, the firm on the other side of it gains. The document that should explain that is published under the title Best Execution Policy, and no execution policy exists on the site at all.

Exhibit 10WarningHarder than usual

In relation to any Client transaction, the Company acts on a principal-to-principal basis and not as the agent on the Client’s behalf.
Clause Introduction in Client Agreement
Read from the broker's site on Open the reference

One contract, one company, two registration numbers

Your counterparty is T.M. Financials, which the client agreement gives registration No. 138336C1/GBL on its opening line and registration No. 185265 a few paragraphs later. It names the Mauritius FSC licence GB21026474. The December 2024 version of the same contract named Pure North Markets at the same address, under the same licence number.

Who you contract with1 clause flagged

The contract opens by naming T.M. Financials with registration No. 138336C1/GBL. A few paragraphs later the same company carries registration No. 185265. In December 2024 the identical contract named a different company, Pure North Markets.

Why this matters

You cannot tell from the contract which registered company is holding your money. The name on the counterparty changed while the address and the licence number stayed put.

Exhibit 11WarningRarely seenNew

T.M. Financials, a company registered in the Republic of Mauritius with registration No. 138336C1/GBL
Clause Parties in Client Agreement
Read from the broker's site on Open the reference

Our readingA client agreement normally states one registered number for one counterparty. This one states two different numbers for the same company within a few paragraphs of each other.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The home page promises the whole profit while the contract keeps a power to remove part of it under a label it does not define.

Said in public, in English

Keep 100% of profits and withdraw when you please.

English home page, Amplify section

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of web.archive.org

In the contract · clause Events of Default, Remedies

Adjust the Client’s Trading Account balance to remove any illicit profit.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of web.archive.org

02

The product page advertises no trading restrictions while the contract lists four kinds of trading that count as a default.

Said in public, in English

Zero rules or restrictions on how you trade

Amplify product page, headline bullet

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of web.archive.org

In the contract · clause Default, 18.1

which can be characterized as excessive without legitimate intent, to profit from market movements;

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of web.archive.org

03

One page says you can never be liable beyond your deposit and another says your losses can exceed it.

Said in public, in English

Negative Balance Protection: in the event that market volatility causes losses exceeding deposited funds, we absorb the deficit, ensuring clients are never liable for more than their initial deposit.

Regulatory Commitment page, compliance framework list

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of web.archive.org

In the contract · clause Risk Warnings

Clients are liable for all these losses and damages, which could result in more than the initial invested capital once they make the decision to trade.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of web.archive.org

04

The account page promises that what you see is what you get while the contract holds a 3% withdrawal charge and keeps the fee list behind a login.

Said in public, in English

Our Zero account is the perfect solution for forex traders who don't want to worry about paying any commission. What you see is what you get!

Account Types page, Zero account description

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of web.archive.org

In the contract · clause Commissions, Charges and Other Costs

charge 3% of the total withdrawal amount.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of web.archive.org

05

Tag Markets makes the promise in Arabic and then says in English that nothing written in another language binds it.

Said in public, in Arabic

احتفظ بنسبة 100٪ من جميع أرباحك واسحب عندما تريد.

Word for word in English: Keep 100% of all your profits and withdraw whenever you want.

Arabic home page, Amplify section

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of web.archive.org

In the contract · clause Miscellaneous

The Client acknowledges that the Company’s official language is English. The Client should always refer to the main Website for information and disclosures. Translations or local language content are for informational purposes only and are not legally binding.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of web.archive.org

What changed quietly

This is our first reading of Tag Markets, so there is no earlier version of this page to compare it against.

  • REMOVEDClause Interpretation of Terms · 2024-12-14 to 2026-08-01

    The definition of illicit profit was dropped while the clause that removes illicit profit from your balance stayed in force.

  • REWRITTENClause Introduction · 2024-12-14 to 2026-08-01

    The company you contract with was renamed from Pure North Markets to T.M. Financials, keeping the same address and licence number.

    This Client Agreement (“Agreement”) is entered into by and between T.M. Financials (the “Company” or “TM”) and a person who has successfully completed the process of application and registration to open a Trading Account with the Company via our Website or through any other method designated by TM.

  • REWRITTENClause Dormant and Inactive Accounts · 2024-12-14 to 2026-08-01

    The dormancy clause was shortened, and the EUR 20 monthly fee and the six month trigger carried over unchanged.

    The Company reserves the right, at its discretion, to impose a handling fee of EUR 20 (or equivalent) per month on dormant and/or inactive accounts, or to close such accounts, in the following cases:

The documents this reading is based on

7 files, all published by Tag Markets. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording Tag Markets publishes.

How this reading was done

Every clause above was read out of a document Tag Markets publishes itself

This reading was published on .

Documents
4 of 7downloaded from the broker's site, and 4 read in full
Pages opened
63pages walked to find those documents, footer links included
Older copies
2earlier versions downloaded
Languages
AR vs ENthe language it advertises in, against the language it contracts in

Who the contract is with

T.M. Financials

Your contract is with T.M. Financials, registered in Mauritius and trading under the Tagmarkets brand. The client agreement gives that company two different registration numbers: 138336C1/GBL on its opening line, and 185265 a few paragraphs later. It names one Mauritius FSC licence, GB21026474, as an Investment Dealer excluding underwriting. The same contract named a different company in December 2024, Pure North Markets, at the same address and with the same licence number.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

Tag Markets publishes all seven of its legal documents as plain web pages, with no login and no file to download. The complaints policy puts the deadlines on the firm rather than on you: 5 working days to acknowledge, 15 working days to resolve, 2 months at the outside, and it states the process is free of charge. Unusually, it sets no deadline for you to complain. The KYC policy returns your deposit and closes the account when checks are not finished in time, rather than keeping the money.

Every quotation here comes from a dated copy of Tag Markets' own pages, saved on 1 August 2026. We did not read the site as it stands today. We read the client agreement, the complaints policy, the conflicts policy and the regulatory commitment page from start to finish. We read parts of the KYC and AML policy, the privacy notice and the risk warning, including every clause quoted here. We did not read the Spanish version of the client agreement. The only earlier copy we could compare against is the client agreement as it stood on 14 December 2024, and part of that text was cut short, so the comparison covers the clauses quoted here rather than the whole document. Tag Markets publishes no terms of business, no order execution policy and no separate terms for its Amplify or CopyX products, so there was nothing to read on those.

How to check any of this yourself

Every quote above links to the Tag Markets file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document Tag Markets publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge Tag Markets on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Sep 23, 2026.

If you represent Tag Markets and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on Tag Markets. Whether its licence is real and current is a separate check on the broker profile.

Back to the Tag Markets profile