TIOmarkets at a glance
Founded in 2019 (with corporate roots connected to blockchain financial pioneer Trade.io), TIOmarkets is an international multi-asset retail forex and CFD brokerage. The group operates under primary regulatory authorization from the UK Financial Conduct Authority (FCA FRN: 488900 via TIO Markets UK Limited) and the Seychelles Financial Services Authority (FSA License No. SD167 via Trade i.o Ltd). TIOmarkets delivers retail and professional execution across 300+ financial instruments—including forex pairs, global equity indices, energy commodities, precious metals, individual share CFDs, and cryptocurrency derivatives—with leverage up to 1:500 via MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
TIOmarkets reports a founding year of 2019 and a head office in London, United Kingdom (International Hub: Mahé, Seychelles). It lists 4 regulators and 5 trading platforms.
BrokerBazaar verdict
TIOmarkets is an international multi-asset brokerage established in 2019. Directly regulated in the United Kingdom by the Tier-1 Financial Conduct Authority (FCA FRN: 488900) alongside international offshore oversight from the Seychelles FSA (SD167), it delivers raw spreads from 0.0 pips paired with an aggressive $2/lot round-turn commission on its VIP Black tier on MT4 and MT5. With client funds held in segregated Tier-1 bank accounts and FSCS protection (£85,000) for UK clients, counterparty insolvency risk is low-to-moderate.
Legal entities, regulation and licences
TIOmarkets operates through 3 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by light-touch offshore regulators only.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
TIOmarkets states that it accepts clients from United Kingdom and international jurisdictions across Asia, Africa, Middle East, and Latin America (Strictly excluding the United States, Canada, Belgium, North Korea, Iran, and sanctioned jurisdictions). Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex Pairs (Major, Minor, Exotics), Equity Indices, Precious Metals (Spot Gold, Silver), Energy Commodities, Single-Stock CFDs, Cryptocurrency CFDs. Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 WebTrader, MT5 WebTrader, TIOmarkets Mobile App. Account types: Standard Account, Raw Account, VIP Black Account, Spread Betting Account (UK), Islamic Swap-Free Account, Demo Account.
Best-for tags assigned by our team: Tier-1 Regulation, FCA Regulated, Raw ECN Spreads, Low Commission ($2/lot VIP Black), MetaTrader 4, MetaTrader 5, Negative Balance Protection, FSCS Coverage.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $20 ($20 / £20 / €20 baseline minimum initial deposit on the Standard account; $250 on the Raw account; $1,000 on the VIP Black account). Spreads start from From 0.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is Up to 1:500 (by entity) (dynamic), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (conditional). Swap type: variable. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Wire Transfer (Faster Payments / SWIFT), Credit / Debit Card (Visa / Mastercard), Neteller, Skrill, Cryptocurrencies (USDT, BTC via offshore entity). Withdrawal methods: Bank Wire Transfer, Credit / Debit Card, Neteller, Skrill, Cryptocurrencies.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: hedging. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account: FSA Seychelles: Segregation expected but rules are lighter than onshore. Compensation: No central compensation scheme.
Not covered: Trade i.o. Ltd (Financial Services Authority (FSA) Seychelles); Tio Markets UK Limited (Financial Conduct Authority (FCA)). This licence covers a different activity (such as securities, wealth or payments), so its client-money rules do not apply to a forex or CFD account.
Complaints and dispute process
Formal complaints: compliance@tiomarkets.uk (Global: compliance@tiomarkets.com). Phone: +44 20 3514 2664. Customer complaints are formally processed by the Legal and Compliance Department of TIO Markets UK Limited in the United Kingdom (or Trade i.o Ltd in Seychelles). For UK retail clients, complaints that cannot be resolved internally within statutory timeframes (8 weeks) can be escalated free of charge to the Financial Ombudsman Service (FOS) in the United Kingdom. Client money is held in segregated statutory trust accounts with Tier-1 banking institutions in accordance with the FCA's Client Assets Sourcebook (CASS) rules, completely separated from corporate operational funds. Eligible retail accounts under the UK entity are protected by the Financial Services Compensation Scheme (FSCS), which covers qualifying claims up to £85,000 per person in the event of firm default or insolvency. International accounts operating under the Seychelles FSA entity do not benefit from UK FSCS coverage.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Tier-1 regulatory supervision in the United Kingdom from the Financial Conduct Authority (FCA FRN: 488900)
- Strength: UK retail clients benefit from statutory Financial Services Compensation Scheme (FSCS) protection up to £85,000
- Strength: Ultra-competitive raw commission rate of just $2.00 round turn per standard lot on the VIP Black account tier
- Strength: Full platform support across the complete MetaTrader 4 (MT4) and MetaTrader 5 (MT5) ecosystem
- Strength: Accessible entry barrier starting from just $20 on the commission-free Standard account
- Limitation: Retail leverage under the UK FCA entity is strictly capped at 1:30 in compliance with statutory requirements
- Limitation: Offshore Seychelles accounts lack statutory government investor compensation scheme protections
- Limitation: Raw spread accounts require higher initial capital commitments ($250 for Raw and $1,000 for VIP Black)
- Limitation: Standard account floating spreads (starting from 1.1 pips) are wider than raw tier pricing
- Limitation: Retail trading services are strictly unavailable to residents of the United States and Canada
Who this broker suits, and who it does not
TIOmarkets is most relevant to traders looking for: Tier-1 Regulation, FCA Regulated, Raw ECN Spreads, Low Commission ($2/lot VIP Black), MetaTrader 4, MetaTrader 5, Negative Balance Protection, FSCS Coverage.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
TIOmarkets change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for TIOmarkets yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about TIOmarkets
Data sources. Broker submission, the regulator registers linked above, FSA Seychelles register; CySEC register; tiomarkets.com company information, web-archive and domain records, and third-party traffic data. Last register check 2026-10-12. External ratings: FxScouts 4.2/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with TIOmarkets through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.