TMS Brokers Review 2021
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| TMS Brokers is a leading European trading broker providing powerful tools and a suite of financial instruments. | ||
TMS Brokers is a multiple award-winning broker that provides access to Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs. Interestingly, TMS Brokers supports the MetaTrader5 trading platform, but not the hugely popular MetaTrader4 predecessor at this point.
In terms of features offered to traders, TMS Brokers has Demo Accounts, Signals and Auto Trading but is missing Islamic Accounts and Social Trading.
TMS Brokers also gives traders access to 4 cryptocurrencies: BTC, ETH, LTC and XRP.
TMS Brokers is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
TMS Brokers Summary
TMS Brokers is a leading European trading broker providing powerful tools and a suite of financial instruments.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs |
| Demo Account | ✓ |
| Min. Deposit | $0 |
| Min. Trade | 0.01 lots |
| Regulated By | Polish Financial Supervision Authority (KNF) |
| MetaTrader 4 | ✗ |
| MetaTrader 5 | ✓ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | ✓ |
| Auto Trading | ✓ |
| Trade Signals | ✓ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✗ |
CFD Trading
Flexible contracts for difference are available in many markets, including FX, cryptos and stocks.
| Leverage | 1:20 |
|---|---|
| FTSE Spread | 2.5 |
| GBPUSD Spread | 1.3 |
| Oil Spread | 0.04 |
| Stocks Spread | Variable |
Forex Trading
TMS Brokers offers a suite of forex pairs with decent leverage levels.
| GBPUSD Spread | 1.3 |
|---|---|
| EURUSD Spread | 1.0 |
| EURGBP Spread | 1.0 |
| Assets | 42 |
Cryptocurrency Trading
Start leveraged crypto trading against the US Dollar.
| Spread | Floating |
|---|---|
| Coins | BTC, ETH, LTC, XRP |
Payment Methods
TMS Brokers accepts the following payment methods:
- Visa
- Mastercard
- Credit Card
- Wire Transfer
- Trustly
Awards
TMS Brokers is a multiple award-winning broker, with 2 awards received so far.
- Best FX Broker 2020 - Invest Cuffs
- Forecast Accuracy Ranking Q1 2019 - Bloomberg
FAQ
Is TMS Brokers Safe?
Yes, most likely, as we gave TMS Brokers a trust score of 50% in our review. The main negative factor in this score is that TMS Brokers is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does TMS Brokers Accept PayPal?
No, TMS Brokers does not accept PayPal payments.
Is TMS Brokers Halal?
Probably not, as TMS Brokers does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.
What trading platforms does TMS Brokers support?
TMS Brokers only supports the MetaTrader 5 trading platform at this time.
Is TMS Brokers Regulated?
Yes, TMS Brokers is regulated by Polish Financial Supervision Authority (KNF).
The fact that TMS Brokers is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.
TMS Brokers vs Other Brokers
If you want to compare TMS Brokers with other brokers, use the detailed comparisons below.
- ActivTrades vs TMS Brokers
- Binary.com vs TMS Brokers
- Juno Markets vs TMS Brokers
- Oanda vs TMS Brokers
- TMS Brokers vs 24Option
- TMS Brokers vs FIBO Group
- TMS Brokers vs Stratton Markets
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| TMS Brokers is a leading European trading broker providing powerful tools and a suite of financial instruments. | ||