Wikilix
TD MARKETS logo

TD MARKETS

No Regulation
South Africa
,
Since 2015
Last Updated:
60/100
Overall Score

Trading Conditions

Min Deposit:
USD5
Max Leverage:
1000
Account Types
ECNPremiumMini+5 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Credit Card

credit card
hours
Fee:
Free
Fee:
Free

Bank Transfer

bank transfer
hours
Fee:
Free
Fee:
Free

E-wallet

e wallet
hours
Fee:
Free
Fee:
Free

Cryptocurrency

crypto
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 51%, 4: Spread 0%, 5: Account Type 69%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
51%Fair
Spread
0%Poor
Account Type
69%Good
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:TD MARKETS
Founded:2015
Headquarters:South Africa
Enterprise Offices:N/A

Customer Support

Phone:
+270103000011
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down

What TD MARKETS legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

TD Markets leads with an FSCA licence, but your trades are with TDM Holdings LLC in Saint Vincent and the Grenadines. The homepage promises <strong>negative balance protection</strong>. The contract grants none, and lets the broker move money between your accounts to cover a negative balance. An inactive account loses 1.5% of its balance every month, and once the balance falls under the $5 minimum fee, the rest is taken.

6Critical clauses
16Clauses flagged
15Documents read
7.5/10Contract risk
Read the full terms report12 more clauses, each with its wording, clause number and source
Editorial review
Updated

Broker Summary

What Wikilix has recorded about TD MARKETS: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

TD MARKETS is an Online Foreign Exchange Broker specializing in providing Retail and Institutional customers across all continents of Africa with Multi-Asset Trading Services.

TD MARKETS has made a commitment to provide customers with a broad array of Trading Instruments, employing an Advanced Trading Platform Strategy and Customisable Account Options to deliver a Complete Trading Experience. In addition, TD MARKETS complies with all required Regulations and is customer-centric, believing that it is to be the most reputable name within Africa's Trading Community.

TD MARKET provides access to trading services online via its website - www.tdmarkets.com. TD MARKET offers a wide range of Trading Products, including Forex (Foreign Exchange) and Contracts for Difference (CFDs) on Stocks, Indices, Commodities, and Cryptocurrencies. TD MARKETS' Trading interface utilizes both the MetaTrader 4 and MetaTrader 5 User Interfaces, leveraging the latest Technology and Regional Expertise, which allows TD MARKETS to adequately meet the requirements of Traders in Africa today and in the foreseeable future. This article provides an overview of TD MARKETS as a company, including its history, regulatory information, Trading Conditions, and Customer experiences.

Company History and Background:

TD MARKETS claims to be "Africa's Most Trusted Broker" because of its sole commitment to the African market. TD MARKETS is organized as TD Markets (Pty) Ltd and provides Africans with tailored Products and Services. Their website offers an extensive Corporate Profile and Mission Statement; however, TD MARKETS does not provide any details about its date of establishment or its founders. Although it is early in TD MARKETS's life, and little history exists, TD MARKETS has proven itself to be a key player in online trading in Africa due to its focus on transparency, regulation, and client education.  By stating that they are an Africa-only broker, they have positioned themselves well for a market that continues to evolve.

Key Features & Offerings

Multiple Asset Class Trading

TD MARKETS provides access to over 100 different trading instruments from a variety of asset classes: foreign exchange (Forex), cryptocurrencies, equities (shares), precious metals, and indices, primarily through Contracts for Difference (CFDs).  By diversifying the products available for trading, traders can create diversified portfolios and manage risk across multiple markets.

Trading Platforms

This broker supports two of the most used trading platforms worldwide, MetaTrader 4 (MT4) and MetaTrader 5 (MT5).  Both platforms are available for PC, tablets, and mobile devices, providing traders with flexibility and convenience.  Of particular note are the advanced trading tools, faster execution speeds, automated trading features, and depth-of-market features found in MetaTrader 5.

Account Types & Services

There are several account types with TD MARKETS, designed for different trader profiles. Example accounts include "TD Markets Gold Account," "TD Markets Pro Account," and "TDM Pro" account, with the latter having a minimum deposit of $1,000.  For those looking for more accessible entry points, accounts with a minimum deposit as low as $5 are available.
In addition to standard trading accounts, TD MARKETS offers value-added services including Social Trading and Copy Trading, Day-to-Day Live Webinars, Educational Materials, and the TD Bucks cashback program.  Personal Account Managers are assigned to VIP clients or those with higher-tier accounts to provide an enhanced trading experience.

Regulatory Compliance & Licensing

As an Authorised Financial Services Provider (FSP) and Authorised Crypto Assets Services Provider in South Africa, TD MARKETS’ Regulatory aspect is very important given its focus on providing services to Clients in the African Market.

Regulator

License Number

Status

South African Financial Sector Conduct Authority (FSCA)

FSP49128

Authorised Financial Services Provider

Non-Bank Financial Institutions Regulatory Authority (NBFIRA)

Not Published

No Objection Received

TD MARKETS can use these regulatory credentials to demonstrate a long-term commitment to operating under an existing legal framework to fulfill its promise of providing clients with confidence and safety. However, TD MARKETS has not publicly disclosed its additional licensing information or the other jurisdictions outside of the authorities listed here.

Trading Conditions and Platform Technology

Trading Conditions

TD MARKETS provides competitive trading conditions with "raw spreads," "best in class spreads," and "low commissions." Additionally, TD MARKETS focuses on fast execution speeds to help active traders. However, precise numerical information, for example, of every instrument's spread, the leverage for trading, and the commission amount, has not been disclosed on their website.

Trading Condition

Details

Spreads

Raw spreads, best in class (exact values not published)

Leverage

Not explicitly stated on public pages

Minimum Deposit

From $5 (standard accounts), $1,000 for TDM Pro account

Commissions

Low commissions claimed, exact rates not published

Platform Technology

Creating a unified trading environment was made possible via the integration of the MetaTrader Platform.rms. Both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are integrated; however, MT5 offers additional features, including the ability to automate trades via algorithms, access to the depth of market (DOM), and faster trade execution than MT4.

By utilizing all devices connected to the internet, such as desktops, laptops, tablets, mobile phones, and other types of computers, traders can take advantage of the MetaTrader platform regardless of whether they are at home, work, on vacation, etc.

TDMARKETS also offers clients the opportunity to replicate the strategies of other successful traders through Social Trading.

TDMARKETS provides an entire range of trading solutions, including, through its low-latency server concept, a White Label service that helps brokers create their own unique products on the MetaTrader platform. Technical information, such as server locations or latency figures, has not been made available on the company's website.

FD STRUCTURE

TDMARKETS promotes itself as offering "very fast deposit and withdrawal" methods and "very low commissions" to provide clients with an affordable trading expHowever, the website does not publish its complete fee schedule; therefore, clients do not have access to specific information regarding deposit, withdrawal, and inactivity fees, as well as any other charges that may apply.ay apply.

Fee Type

Details

Deposit Fees

Not explicitly stated

Withdrawal Fees

Not explicitly stated

Commission

Low commissions claimed, no exact figures published

Inactivity Fees

Not disclosed

TD MARKETS' Security of Funds and Support pages emphasize the broker's commitment to security protocols and segregating client funds. However, no numerical fee information is provided regarding the amount charged for services.

User Experience & Market Reputation of TD MARKETS

TD MARKETS promotes itself as "Africa's most trusted broker", offering multilingual support, personal account managers, and an assortment of live educational resources designed to increase customer satisfaction and engagement; however, no aggregate independent customer reviews, customer ratings, or complaint files are available on the company's website. This lack of aggregated customer reviews and ratings inhibits third-party support from verifying the overall user experience with TD MARKETS.

TD MARKETS delivers a professional, customer-focused message through its marketing language; however, prospective clients should also consider third-party reviews to gain a more complete view of the broker's reputation in the market.

Recent Events From TD MARKETS

1900s

TD MARKETS participates in several regional financial-related events. Recently, TD MARKETS participated in the FMAS 25 Conference in Cape Town. This demonstrates the company's commitment to community engagement and industry presence. The broker also promotes various programs, such as TD Bucks, a cashback program. In addition, TD MARKETS emphasises its licensing to trade Crypto Assets, reflecting its responsiveness to market trends.

While these are good marketing efforts by TD MARKETS, there is no dedicated news archive for any of the company's press releases published in 2024–2025. This limits third parties' ability to verify the broker's most current information and strategy.

Conclusion

TD MARKETS markets itself as a full-service online broker focused on the African continent and provides access to a wide variety of trading instruments via industry-standard platforms. The South African regulatory authority and multiple regulatory authorisations within Africa contribute to TD MARKETS' credibility, while the presence of several different account types, courses, and social trading features makes this brokerage very attractive to both novice and seasoned traders.

Nevertheless, as publicly available information on the broker's specific trading conditions, fees, and background is limited, prospective clients are strongly encouraged to conduct as much due diligence as necessary prior to opening an account. Overall, TD MARKETS can be viewed as an attractive option for traders seeking a broker with a significant commitment to Africa, access to multiple asset classes, and national regulation in South Africa.

 

Regulation check

Regulatory Licenses

We have not confirmed any regulation for TD 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 TD 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.
View other brokers
Trading accounts
Updated

Account Types

8 account types on record. Minimum deposit from USD 5. Leverage up to 1:2000.

8 account types
AccountMin DepositLeverageCommission
ECNUSD 1,0001:1$8 per standard lot
PremiumVIPUSD 501:1Zero commission
MiniCentUSD 501:1$1 per mini lot
IslamicSwap-FreeUSD 501:1Zero commission
CryptoCrypto CFDNot recorded1:1$8 per standard lot
CentUSD 101:1$0.1 per cent lot
StandardUSD 51:2000Zero commission
StandardUSD 501:1Zero commission
Account names and conditions as published by TD MARKETS, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

4 ways to fund an account.

4 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Credit CardCredit CardNo broker deposit or withdrawal fees; third-party fees possible. Verification likely required.Not recordedNot recordedNot recordedNot recordedNot recordedhour
Bank TransferBank TransferNo broker deposit or withdrawal fees; third-party fees possible. Verification likely required.Not recordedNot recordedNot recordedNot recordedNot recordedhour
E-walletE-WalletNo broker deposit or withdrawal fees; third-party fees possible. Verification likely required.Not recordedNot recordedNot recordedNot recordedNot recordedhour
CryptocurrencyCryptocurrency3% admin fee applies on withdrawals without trading. Verification likely required.Not recordedNot recordedBTC 0.03Not recordedNot recordedhour
Fees, limits and processing times as published by TD MARKETS, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 4 and Meta Trader 5.

2 platforms
  • MetaTrader 4by MetaQuotes Software Corp. · 2005WindowsMacWebAndroidiOS
    Details
  • Meta Trader 5by MetaQuotes Software Corp · 2010WindowsMacLinuxWebAndroidiOSAPI
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • www.tdmarkets.com/enMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.

Comments

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