Tattvam

Tattvam Financial Advisors LLC was established in 2021 and is headquartered in Dubai with regional offices in Mauritius. Tattvam provides Electronic Communication Network (ECN)/Straight Through Processing (STP) trading services with a focus on serving both retail and institutional futures traders across multiple geographical locations, including the United Arab Emirates (UAE), Southeast Asia, and Africa. Tattvam is regulated by the relevant authorities; however, they struggle with providing quality customer service, as well as a higher level of transparency about their trading platforms.

Tattvam started its operations in Dubai with the opening of their office located at the Aspin Commercial Tower on Sheikh Zayed Road. In addition to Dubai, Tattvam has recently begun providing service to South Africa, India, Indonesia, Malaysia, and will continue to expand their footprint in these markets. In addition, Tattvam operates as Tattvam Capital Markets Ltd in Mauritius. Tattvam's ECN/STP model allows traders to execute trades on a no-dealing desk basis which is appealing to traders looking for fast execution and transparent pricing.

Tattvam provides multiple trading platforms — MetaTrader 4 (MT4) and MetaTrader 5 (MT5) — and clients have access to both desktop and mobile versions of both products. There are several important differences between MT4 and MT5; MT4 has a higher number of available order types and uses fewer timeframes and charting options than does MT5.

Tattvam provides two account types, the Standard ECN Account (for retail traders) and the Institutional Account (for larger volume/leveraged traders). For retail traders, the leverage available in the UAE is 1:100 and in Mauritius, the leverage available is up to 1:500. The ECN/STP trading model provides clients with direct access to market liquidity, as well as the capability of utilizing hedging, scalping, price change (spike), and news trading strategies, which some traders find attractive.

Tattvam offers both Regulatory Compliance through the SCA – UAE and FSC – Mauritius. Some regions are restricted for Tattvam clients — U.S., Japan, Russia, etc. Tattvam also offers a variety of account types and provides significant access to global markets. There is no limit to the number of accounts traded under one username.

Spreads for Tattvam's ECN Account can be as low as 0.1 pips (variable). Commission fees can be as low as $7 per side on MT5 and there are no commissions on MT4. The minimum deposit required to open an ECN account is $50 and varies by region; the minimum deposit required to open an Institutional Account is $1,000. There are no inactivity fees and there is no interest charged on margins.

Tattvam offers the use of an online automated trading platform/automated strategy execution (EAs). There is no negative balance protection available.

Tattvam has received mixed feedback from users:

Pros: low deposit amount, a wide array of investment instruments, access to ECN execution

Cons: Slow responses from customer support; some investors report pricing discrepancies.

Users have rated Tattvam between three and five stars for transparency and between two and five stars for customer support.

In general, Tattvam's focus in 2024 is on increasing access to their products and improving their customer support in UAE and Southeast Asia, by offering more liquidity for institutional traders.

As of now, no significant regulatory change has occurred in Tattvam, but there is a focus on providing ongoing improvement in a transparent and efficient manner.

In conclusión, Tattvam Financial Advisors LLC is a regulated broker who provides excellent pricing and liquidity, as well as no inactivity fees. There are, however, some issues with regard to customer service and lack of transparency, which visitors should be aware of.