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TD Markets Review - Is it scam or safe?

TD Markets Review - is scam or good forex broker?

RATING: 2 / 2 REVIEWS ForexBrokerz TD Markets
TD Markets is an offshore broker. Your money is not safe.


Trading Accounts & Conditions


Account type   Minimum deposit  Minimum trade size Maximum leverage Average Spreads (& Commission)
Smart $10 0.01 1:500 0.8 pips + $2/lot


TD Markets offers its clients one basic forex trading account type with variable spreads, leverage up to 1:500 and the option to trade in micro lots on the MetaTrader 4 platform.


Indeed, the offerings of TD Markets appear attractive: low minimum initial deposit required, high leverage levels, comparatively low variable spreads and commission fees. In fact, trading costs with this broker amount to around 1 pips per standard lot ($2 + 0.8 pips), which is a pretty good pricing. The thing is, TD Markets is registered offshore and even though its conditions seem good, the broker can always get away with your money and there is nothing you can do about it.


Besides, there are reputable licensed brokers that offer better spreads. Global brokerage IG, for example, has set no minimum deposit requirement, so you can start out with just $1 and use spread averaged 0.8 pips on EUR/USD with no commission fees.


The Company. Security of Funds





TDM Holdings Inc.




Established in 2015, TD Markets is a forex and binary options broker that supports the MT4 platform. The company behind the brand, TDM Holdings Inc., is registered offshore in Saint Vincent and the Grenadines. Card payments and billing services are processed by its UK subsidiary, TD Markets Limited, registered in the United Kingdom, but not FCA authorized.


Although it claims to offer DMA execution, according to its Terms of Business TD Markets acts as Market Maker.


We advise traders to avoid offshore brokers as a general rule and invest with companies licensed in UK, Cyprus, or  Australia for instance, where regulation is strict and there are certain client protection rules. Nonetheless, is you prefer offshore brokers for some reason, TD Markets may be a good choice, its trading conditions are attractive. Besides, the user reviews in the Internet are not predominantly negative.


Trading Platform


Like most brokers, TD Markets supports the popular MetaTrader 4 (MT4) platform.


MT4 earned its reputation as the most popular trading platform due to its ease of use and various useful functionalities that allow traders not only to make transactions but also analyze market dynamics, to automate their trades via wide range of Expert Advisors and to back-test their strategies.



TD Markets’ desktop MT4 platform. Click to enlarge.


Methods of Payment


TD Markets offers its clients 2 payment methods: bank wire transfer, credit/debit card, Bitcoin and AfriDollar, another cryptocurrency. Popular e-wallets such as Skrill and Neteller are not available with this broker.


Withdrawals take up to 3 business days for processing and review purposes. Also, keep in mind that transfers below $200 will be charged.




TD Markets is a relatively young offshore broker that offers attractive trading conditions. Our main concern with it is registered offshore. Here are, in a nutshell, the advantages and disadvantages of TD Markets:




Low spreads

Regulated offshore

MT4 platform available

No choice of trading platforms

Low initial deposit required

No e-wallets supported as payment methods




Latest news about TD Markets
No news about TD Markets . Check back later.
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Hong Kong SFC MarketSpeed FX,
Trading Station
$1 Review

Traders` reviews for TD Markets
















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Very bad system

This broker is just a scam, today GBPUSD sell was doing so well I made $320 between 10am and 17:00 but with this TDM since 10am yesterday and now it's 3am next day still sitting on $3 profit.

Gcobisa 05/31/2019


I traded using TDM and lost my funds but while trading with other brokers it was in profits. I dont know how they operate but this is not cool at all

Lungie 10/15/2018

TDM it's just waste of time

Lol many things are funny with TDM they manipulate their market doesn't move same as other markets i realized when i was looking at GBPUSD in my Hot Forex Acc, in my Hot Forex Acc i was in profit even my friend was in profit she's using XM but TDM i was in Loss.

Katlego 08/21/2018

I lost all my funds with TDM

I was trading at TDM and all of the suddenly everything disappear all the lose were closed automatically and I lost all my funds

Bafana Mtshweni 06/19/2018

Re: Negative sentiment about. DMA

The DMA plateform offered by TDM always sits in the red even I look at the indicators there is something wrong.I am not to keen after losing money and being told as a trade we are at an advantage of using as an eg:GBPUSD.DMA. I may have been scammed.
Please advise

Sheffen Naidoo.

Sheffen 04/27/2018
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