Timarkets is a retail broker that allows clients to trade financial instruments across different asset classes, including forex, precious metals, indices, commodities, ETFs, shares, and energies. Trades are carried out using the MT4 trading platform. The minimum deposit required to begin trading is $250.
Timarkets Review, Pros & Cons
- User-friendly MT4 trading platform
- Selection of trading tools
- Multiple financial markets
- Various account types
- Lacks strict regulation
- Minimum $250 deposit
- Limited funding options
- Limited educational resources
- No USA traders
In this detailed Timarkets review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Timarkets is a trading broker that offers a way to trade the financial markets using various versions of the MT4 trading platform. They provide clients with several trading conditions, including spreads from 0.2 pips, leverage of up to 1:500, multiple account options, zero commissions, and more. They operate the STP/ECN execution model, which offers access to the interbank markets. There are some useful trading tools and a multilingual client support team to aid traders.
The broker is not regulated by any known financial authority at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
The broker offers its services to clients from different parts of the globe where the use of such services would not be in violation of the local laws and regulations.
Some Timarkets features and products mentioned within this Timarkets review may not be available to traders from certain countries because of legal restrictions.
Traders are provided with the MT4 trading platform, a popular trading platform that was developed in 2005 by MetaQuotes. The platform is designed with a user-friendly interface to make it easy for all levels of traders to navigate and trade on it. Other essential features of the MT4 trading platform include complete technical analysis, trading signals & copy trading, algorithmic trading, alerts, financial news, one-click trading, 9 time-frames, real-time quotes in Market Watch, and more. The broker makes the MT4 trading platform available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app that is compatible with Android and iOS devices. Mobile versions can be downloaded from the respective app stores.
Timarkets Trading Tools
In addition to the tools built into the MT4 trading platform, traders are provided with some standalone trading tools to help them get the most out of their trades. These useful trading tools include Economic Calculators and an Economic Calendar that shows the schedule of market events along with their expected impacts on the financial markets.
There is a limited selection of educational resources on the broker’s website at the moment.
With Timarkets you can trade thousands of global markets across 9 asset classes including FX, indices, shares, commodities, spot metals and ETFs.
Timarkets Accounts & Fees
There are various trading account options on the broker’s website; so, traders can choose the one that best suits their trading objectives and capital. The account types and their corresponding minimum required deposits are as follows: Micro ($250), Standard ($2,500), Premium ($25,000), and VIP ($100,000) Accounts.
As broker fees can vary and change, there may be additional fees that are not listed in this Timarkets review. It is imperative to ensure that you check and understand all of the latest information before you open a Timarkets broker account for online trading.
The broker’s customer service team is always available to help with any trading inquiries. They can be contacted 24 hours a day — Sunday to Friday — via telephone, email, or Live Chat.
Timarkets Deposit & Withdrawal
Timarkets processes all traders’ deposit and withdrawal requests via bank transfers, and some major credit/debit cards, such as Visa, MasterCard, and more.
Timarkets Account Opening
To open a live trading account, simply click on the ‘Open Account’ button on the homepage of the broker’s website and proceed from there.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Timarkets is an online trading broker that offers access to trade in various financial markets online. Trades are carried out using the MT4 trading platform, which is available in desktop, web, and mobile versions. The minimum deposit required to begin trading $250, while leverage of up to 1:500 is available. However, the lack of strict regulation is a big red flag for us.
Financial assets are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.