Forex Taurus Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

3.4

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 3.6

Business 2.9

Risk Control 3.2

Software 3.9

Regulatory 3.4

Terminal Snapshot

Taurus Trading Conditions

Registered Region Australia

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@taurusfx.com

Contact Number +02-8091-6988

Website www.taurusfx.com

Balanced Review

Pros & Cons

Pros

User-friendly trading platforms: MetaTrader 4 and MetaTrader 5
Diverse trading instruments: Forex, commodities, indices, stocks, and cryptocurrencies
Accessible customer support via email and phone
Flexible account options: Retail, Professional, and Demo accounts
Minimum deposit of $50 for easy account initiation

Cons

No regulation in major jurisdictions
Lack of investor protection measures
Limited educational resources for traders
Potential withdrawal challenges reported by users
Restricted trading instruments for diverse strategies

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Taurus	DBG Markets	IC Markets Global	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Australia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	3.4/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Taurus Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners, Retail Traders	User-friendly interface, access to major and minor pairs	Suitable for traders starting with small capital
Professional Account	Experienced Traders	Higher leverage options, advanced trading tools	Requires trading volume qualifications
Demo Account	All Traders	Practice trading without risk, access to real-time data	Ideal for testing strategies and familiarizing with the platform

Account Opening Process

To open an account with Taurus, traders must follow a series of steps that include submitting personal, employment, and financial information. Identity verification is also required, which entails providing a valid ID and proof of address. Once the initial account is set up, traders have the flexibility to upgrade to a professional account later based on their trading needs and experience level.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Competitive spreads for trading major pairs
Forex (Minor Pairs)	Varies	$0	Accessible trading options for less common pairs
CFDs (Stocks)	Varies	$0	Exposure to stock market movements
CFDs (Indices)	Varies	$0	Broader market coverage
CFDs (Commodities)	Varies	$0	Access to commodity trading
Cryptos (BTC, ETH)	Varies	$0	Potential for high volatility trading

Other Fees

Traders should be aware of various fees associated with their accounts, including deposit and withdrawal fees, inactivity fees, and potential overnight interest (swap rates) on positions held overnight. Additionally, currency conversion fees may apply when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Taurus User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

20%

2 star

60%

1 star

12%

John Smith

Sydney

★ ★ ★ ★ ★

I’ve had trouble withdrawing my funds from Taurus. Customer support is unresponsive, and it feels like I’m dealing with a scam. I wouldn’t recommend this broker due to their lack of regulation and poor service.

Lisa Brown

Melbourne

★ ★ ★ ★ ★

Overall, my experience with Taurus has been positive. The MT4 platform is user-friendly, and I appreciate the variety of trading instruments. However, I wish they had better resources for educating traders.

David Johnson

Brisbane

★ ★ ★ ★ ★

I’ve faced multiple issues trying to communicate with customer support. No one answers my emails or phone calls, and I’m concerned about the safety of my funds with no regulatory oversight.

Emily Davis

Perth

★ ★ ★ ★ ★

Taurus has been great for my trading needs! I love the fast execution speeds and the variety of assets available. The demo account helped me get started without any risk, and I feel confident trading now.

Australia Market