Forex TMi Markets Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.4

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 1.6

Business 0.9

Risk Control 1.2

Software 1.9

Regulatory 1.4

Terminal Snapshot

TMi Markets Trading Conditions

Registered Region United Kingdom

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@tmimarkets.com

Contact Number N/A

Website www.tmimarkets.com

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including forex, commodities, stocks, and cryptocurrencies
Multiple account types catering to various trader experience levels
High leverage options available, up to 1:400
Trading platforms include TMi Webtrader and TMi Mobile App
Social trading services offered for collaborative trading experiences

Cons

Not regulated by any recognized financial authority
Limited educational resources for traders
No support for popular trading platforms like MT4 or MT5
Potential high trading fees due to inactivity and withdrawal charges
High minimum deposit requirement for advanced account types

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	TMi Markets	FXTM	EC Markets	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	United Kingdom	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	1.4/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does TMi Markets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Bronze Account	Beginners	Low minimum deposit, basic features	Suitable for small-capital practice
Silver Account	Intermediate Traders	Moderate leverage, competitive spreads	Requires a minimum deposit of $10,000
Gold Account	Experienced Traders	Higher leverage, advanced trading options	Requires a minimum deposit of $25,000
Platinum Account	Professional Traders	Lowest spreads, high leverage	Requires a minimum deposit of $100,000

Account Opening Process

To open an account with TMi Markets, prospective clients need to follow these steps: first, submit personal information, including name, address, and contact details; next, provide employment and financial information to assess trading experience and capabilities. Identity verification is a crucial part of the process, requiring documentation such as an ID and proof of address. Once the account is set up, clients may have the flexibility to upgrade to a professional account later, depending on their trading volume and needs.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	From 0.8	$0 (ECN: $3.5/lot)	Tight spreads for major pairs
CFDs (Stocks, Indices, Commodities)	Varies	Varies	Competitive pricing based on market conditions
Cryptocurrencies (BTC, ETH)	Varies	Varies	Dependent on market volatility

Other Fees

Traders should be aware of the following additional costs associated with trading at TMi Markets: deposit and withdrawal fees may apply depending on the method used; inactivity fees may be charged if an account remains dormant for an extended period; platform usage fees could be applicable; overnight interest, or swap rates, may be incurred on positions held overnight; and currency conversion fees could apply for trades involving 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

TMi Markets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Emily Johnson

London, UK

★ ★ ★ ★ ★

I had high hopes for TMi Markets, but my experience has been disappointing. Withdrawing my funds took longer than expected, and the customer support was not very helpful when I reached out for assistance. I would recommend being cautious when choosing this broker.

Michael Smith

Manchester, UK

★ ★ ★ ★ ★

I’ve been trading with TMi Markets for a few months now, and I appreciate the variety of instruments available. The platform is user-friendly, and I’ve had no issues with order execution. However, I do wish they offered better educational resources for new traders.

Sarah Williams

Birmingham, UK

★ ★ ★ ★ ★

My experience with TMi Markets has been frustrating. I encountered difficulties when trying to withdraw my money, and the response from customer support was very slow. I feel uneasy about trading with an unregulated broker. I do not recommend them.

David Brown

Liverpool, UK

★ ★ ★ ★ ★

TMi Markets has exceeded my expectations! The trading platforms are excellent, and I really like the mobile app for trading on the go. The variety of assets is great for diversifying my portfolio. Overall, a solid experience so far!

United Kingdom Market