Taurex Broker
Rating: 4.9 / 5Taurex, founded in 2017, is a multi-asset broker with offices in the Seychelles and the UK. It offers ultra-low trading fees and a well-balanced asset selection, exceeding 1,500 trading instruments, on the MT4/MT5 trading platforms. Passive trading opportunities exist via copy trading and PAMM accounts. I evaluated Taurex’s trading conditions to determine its competitiveness and suitability for different types of traders. Want to know if Taurex is the right broker for you? Keep reading to find out.
Taurex, founded in 2017, is a multi-asset broker with offices in the Seychelles and the UK. It offers ultra-low trading fees and a well-balanced asset selection, exceeding 1,500 trading instruments, on the MT4/MT5 trading platforms. Passive trading opportunities exist via copy trading and PAMM accounts. I evaluated Taurex’s trading conditions to determine its competitiveness and suitability for different types of traders. Want to know if Taurex is the right broker for you? Keep reading to find out.
Broker Details
- Headquarters
- Seychelles
- Established
- 2017
- Min Deposit
- $100
- Execution
- ECN/STP
- Regulators
- FCA, FSA
Trading Conditions
- Retail Loss Rate
- Undisclosed
- Min Raw Spreads
- 0.0 pips
- Min Standard Spreads
- 1.2 pips
- Min Forex Commission
- $4.00 per round lot
Accounts & Funding
- Funding Methods
- 10+
- Deposit Options
- Credit CardsWire TransferDebit CardsNetellerSkrillOtherCrypto Currency
- Deposit Fees
- No
- Withdrawal Options
- Credit CardsWire TransferDebit CardsNetellerSkrillOtherCrypto Currency
- Withdrawal Fee
- Yes
Trading Costs & Spreads
- EUR/USD
- 0.2 pips ($2.00)
- GBP/USD
- 0.4 pips ($4.00)
- Gold
- $0.34
- Bitcoin
- $41.92
- WTI Crude
- $0.054
- Inactivity Fee
- false
Platform & Features
- Trading Platforms
- MetaTrader 4, MetaTrader 5, Proprietary platform
Pros
- An in-house copy trading system and PAMM accounts
- Actionable trading signals from Signal Centre by Acuity
- MT4/MT5 trading accounts for algorithmic traders
- Ultra-low trading fees in the commission-based Raw account
Cons
- No investor compensation fund outside the UK
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