TIOmarkets broker is an international forex and CFD brokerage that has been operating since 2019 and is listed in Teagle's data as based in Cyprus. TIOmarkets also serves traders in the Middle East and North Africa (MENA) region and is known for its $20 minimum deposit, Nano account and Islamic accounts. In this overview, we review TIOmarkets based on Teagle's data, with a particular focus on the situation for Iranian users.
What kind of broker is TIOmarkets?
TIOmarkets has about 7 years of history and offers trading in forex, gold, oil, indices, stocks, cryptocurrencies, commodities and futures on the MT4 and MT5 platforms; according to Teagle's table, more than 800 instruments are available. Persian-language support, instant verification, cent and ECN accounts, scalping, hedging and news trading are all listed among its Teagle tags. It also supports multiple base currencies such as USD, EUR, GBP and AED.
TIOmarkets licenses and credibility
Teagle's license list shows three active licenses for TIOmarkets:
- UK FCA (No. 488900), active;
- Seychelles FSA (No. SD167), active; an offshore license;
- Mwali (Mohéli) Comoros MISA (No. T2023224), active; offshore and among the weakest tiers of regulation.
According to Teagle's expert assessment, the FCA license applies only to UK clients, and international users are usually placed under the offshore entities in Seychelles or Comoros; so tier-1 regulatory protection does not cover them. To understand this difference, read the article the difference between offshore and onshore brokers .
Does TIOmarkets serve Iranians?
TIOmarkets' official documents state that it does not serve countries under OFAC sanctions, and Iran falls into this category. Despite the Persian-support tag, Teagle's expert considers this broker a "high-caution option" for traders inside Iran due to legal risks and recommends asking support directly whether Iranian users are accepted before opening an account. Note that withdrawals are not processed without verification of identity and address documents. The article brokers banned for Iranians can also help with this decision.
TIOmarkets trading accounts
In Teagle's table, all accounts have leverage up to 1:500, a 100% margin call and a 30% stop-out:
- Standard: Minimum deposit $20, spreads from 1.1 pips, no commission (except on stocks), with an Islamic version.
- Nano: Minimum deposit $20, spreads from 0.6 pips and a $6 commission, MT5 only and no Islamic version.
- RAW: Minimum deposit $250, raw spreads from zero and a $6 commission, with an Islamic version.
- VIP Black: Minimum deposit $1000, spreads from 0.3 pips and no commission, with an Islamic version.
The broker's general specifications list maximum leverage as "unlimited," and its advantages also mention unlimited leverage on some accounts, while the accounts table shows a 1:500 cap. On accounts with unlimited leverage, the use of Expert Advisors is restricted, and this feature is also limited on several accounts. Before making any decision, the guide to leverage and leveraged trading should be read, and to choose between RAW and Standard, see the comparison of ECN and standard accounts .
TIOmarkets platforms and services
Trading is done on MetaTrader 4 and 5. Additional services include copy trading, social trading, PAMM, Expert Advisors and bots, a trading API, an IB program, education, an economic calendar, calculators and a specialist glossary. If you are interested in copying, the copy trading guide is worth reading. Bonuses are also listed among the services, and active bonuses are updated on the broker bonuses page .
Deposits and withdrawals at TIOmarkets
Payment methods include bank transfer, cryptocurrencies, credit cards, mobile money and e-wallets such as Skrill and Neteller. The minimum deposit and withdrawal is $20 for all methods, and deposits are free. Withdrawal fees, however, are significant: $25 for bank transfers and 5% for cards, mobile money and e-wallets; only crypto withdrawals carry no cost other than the network fee. Withdrawals are usually processed within one business day. There is also a monthly fee for inactive accounts.
TIOmarkets rating and risk on Teagle
TIOmarkets' final score on Teagle is 3.12 out of 5, derived from four sources: Trustpilot 4.4, WikiFX 3.1, Teagle expert 3 and Forex Peace Army 1.98; Teagle user ratings have not yet been recorded. The Teagle Eye risk index for this broker is 28 out of 100, in the "low to medium risk" category. You can also see its position in the ranking of low-deposit brokers .
TIOmarkets pros and cons
- Pro: $20 minimum deposit and Nano account
- Pro: copy trading, PAMM and Islamic accounts
- Pro: registered in several jurisdictions, including the FCA
- Con: no official services for OFAC-sanctioned countries such as Iran
- Con: international users fall under offshore licenses, not the FCA
- Con: 5% withdrawal fee on several methods and a monthly inactive account fee
Who is TIOmarkets suitable for?
In the view of Teagle's expert, TIOmarkets suits traders who want competitive spreads, Islamic accounts, a Nano account and crypto deposits, and whose country of residence allows them to legally use its services. Residents of Iran and those who want full tier-1 regulatory coverage are better off choosing another option. For comparison, weigh it up in the TIOmarkets vs Exness comparison .
Conclusion
Technically, TIOmarkets offers solid features, but the OFAC restriction and the placement of international users under offshore licenses make it high-risk for Iranian users. If you plan to use it, ask support whether Iranians are accepted, start with a small amount, make a test withdrawal and follow the investment risk warnings .