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Taurex Review Forex Broker & Trading Markets, Legit or a Scam

taurex
Score

3/5

Min Deposit

$0

Min Spread

Variable

Regulation

FSA

Max Leverage

1:1000

Positive Ratings
70%
Neutral Ratings
20%
Negative Ratings
10%

Company Summary

Aspect Information
Registered Country/Area United Kingdom
Founded Year 5-10 years
Company Name Taurex
Regulation FSA
Demo Account Available
Minimum Deposit $0

Maximum Leverage

1:1000

Spreads

Variable 

Trading Platforms

MetaTrader 5, MetaTrader 4, Taurex App

Customer Support 

Email, Live Chats, Contact Form, and Calls. 

Introduction

Taurex trading platform offers diverse trading opportunities for traders globally. The platform is created with a user-friendly design. This makes it easier for traders with different experience levels.

In this Taurex review, we will discuss the key factors of the platform to understand its legitimacy. We will discuss multiple assets, fees, and customer support on the platform.

Taurex Overview

Taurex Overview

Taurex is a growing trading platform offering a seamless trading experience. It is a regulated trading platform that ensures safety. The platform allows trading on MetaTrader 4, MetaTrader 5, and Taurex application.

The platform provides attractive features like low spreads, multiple account types, and leverage options. The platform provides useful market tools and learning resources for trading opportunities.

Trading Instruments by Taurex

Taurex offers multiple trading instruments from the global market. This helps build a diverse portfolio and develop trading skills based on your goals. The platform provides assets like forex, indices, commodities, and shares.

  • The platform offers multiple FX currency pairs including minor, major, and exotic pairs. The platform provides globally listed stocks from top companies.
  • At Taurex, you can access multiple commodities like raw materials, energy products, and more. These commodities are great investing options.
  • The platform provides investing in top digital currencies in the digital markets.

 

Trading Instruments by Taurex

To cater to different trading styles and levels of experience, Taurex offers multiple account types. The platform provides seamless trading conditions. The account types are:

Standard Zero Account

The account is created for beginners. It provides a zero-commission trading process, making it easier for trading.

Pro Zero Account

The account is designed for traders with more experience. It offers tight spreads and zero-commission trading.

Raw Account

The account is created for investors with maximum experience. The account provides raw spreads and commissions.

The platform provides investors with a demo account. These accounts help investors practice trading skills. The demo accounts offer trading with virtual funds making it easier for them.

Account Types by Taurex

If you want to check out other regulated forex brokers to match your needs, you can check out SmartSTP, Capplace And Capitalix.

Deposits and Withdrawal options on taurex

Taurex offers multiple options for depositing and withdrawing funds, ensuring convenience for traders across different regions. Some of the available methods include:

  • Bank transfers
  • Credit/Debit Cards
  • E-wallets

The platform offers safe deposits and withdrawals with no additional charges. The platform has an instant deposit process whereas the withdrawal might take over 5 business days depending on the payment methods.

 

Fees and Commission

At Taurex, the platform offers a transparent fee structure. Taurex operates with a competitive pricing model, but fees vary depending on the account type.

Spreads

Taurex offers variable spreads. Standard accounts usually provide higher spreads, while Pro and Raw accounts provide tighter spreads, especially on major forex pairs.

Commissions

While the Standard Account is commission-free, the Pro and Raw accounts may charge a small commission per lot traded. This is compensated by lower spreads.

Security and Regulations

Taurex is a safe and protected trading platform eliminating one of the biggest concerns of traders. The platform has been regulated by the Financial Services Authority.

  • The regulatory bodies ensure that the platform adheres to the security standards and supervises the operations at the trading platform.
  • The platform provides data encryption and segregation of funds. This helps keep the accounts and client data safe and protected.
  • The overall regulations help keep the client’s data and funds secure from third-party transactions making it a trustworthy trading platform.

Customer Support

Taurex emphasizes its commitment to customer service, offering multiple channels of communication. Traders can reach the support team via:

  • Live chat
  • Email
  • Phone support

Taurex delivers traders with dedicated customer support 24/5. The platform offers support via, email (support@tradetaurex.com), and calls (+578005189634).

Apart from the support team, the platform offers educational resources and FAQS. The educational resources help in learning trading skills making it easier. The FAQs are perfect for solving general trading problems.

Customer Support system of taurex

Is Taurex a Scam?

To understand whether the platform is legit, it is important to understand its regulations. Taurex is a well-regulated trading platform that ensures secure and protected trading practices. It is regulated by the Financial Services Authority. The platform is created to meet different trading goals and needs.

Apart from this, the platform offers transparent and user-centric support that ensures a seamless trading experience.

Such factors make Taurex a credible and legitimate trading platform.

Conclusion

Taurex has proved itself as a reliable and trustworthy trading platform. It offers multiple trading assets and account types with lower spreads and transparent costs. The platform provides a user-friendly interface and high regulatory status. Taurex has been popular for its dedicated customer support and security ensuring communication and solving client issues. Overall, Taurex is a compatible trading platform where you can invest your funds without risks.

  • Well-Regulated Trading Platform
  • Multiple Trading Assets
  • Limited information about Fees
FAQs

FAQs

Is Taurex a regulated broker?

Taurex claims to operate under certain regulatory bodies. It is regulated and registered under Financial Services Authorities.

What types of accounts does Taurex offer?

Taurex offers Standard, Pro, Raw, and Demo accounts, each catering to different levels of experience.

Can I trade cryptocurrencies with Taurex?

Yes, Taurex allows crypto trading with top digital currencies.

What deposit and withdrawal methods are available?

The platform provides multiple payment options including bank transfers, credit cards, and e-wallets.

Does Taurex charge a commission on trades?

Commission charges apply to Pro and Raw accounts, while the Standard account operates on a spread-only model.

Is there a demo account available?

Yes, Taurex offers a demo account for traders to practice and understand the trading platform.

What is the minimum deposit required?

The platform has no minimum deposits making it easier for traders with low budgets for efficient trading.

Trusted Score

4.1/5

Trusted Score

4.2/5

Trusted Score

4.5/5

Trusted Score

4.8/5