Taurex

Taurex Review: Is Taurex Broker Good?

Broker Overview

Taurex is a trading name of Zenfinex Global Limited.Established in 2017, registered in the Seychelles, it operates as a Forex and CFD broker, formerly known as ZenfinexBefore rebranding to its current name to reflect its commitment to creating a comprehensive trading experience for everyday investors.

Broker Licensing and Regulation

If you ask whether Taurex broker is good or not, you must first consider the license factor. The broker has the following licenses:

•  Taurex is a trading name of Zenfinex Global Limited which is regulated by the Financial Services Authority in Seychelles (license number SD092). The registered office address is F20, Level 1, Eden Plaza, Eden Island, Seychelles and the physical office address is Unit G, F28 Eden Plaza, Eden Island, Republic of Seychelles.
  

Trading products and services

Trading products

The broker offers a wide range of investment products, with over 1500 CFDs to trade.

• Trade Forex: Trade Forex on a variety of major currency pairs and have a support team available 24/5.

• Stocks: Trade world-famous stocks on the Stock CFD market with fast execution on leading and most popular companies from leading stock exchanges.

• Stock Indices: Trade global indices with precision and competitive spreads when you trade CFDs on the biggest stock indices such as UK100, EU50, US500, JP225 and more.

• Metals: Access the world’s leading metals market and trade CFDs with tight spreads on gold, silver, platinum and more.

• Commodities: Trade commodities with tight spreads on WTI, Brent, gas, oil and other commodities such as sugar, cocoa, cotton, etc.

• Cryptocurrencies: Trade Cryptocurrency Buy and sell the world's leading cryptocurrencies. Access CFDs on Bitcoin, Cardano, Litecoin and more.

Trading Platform

You can invest through 3 platforms: Taurex Trading App, MetaTrader 4 and MetaTrader 5.

1. Taurex Trading App :Enhance your investors’ trading efficiency with the Taurex App. Seamlessly execute, analyze, and monitor trades using real-time charts and a user-friendly interface that makes trading easy for everyone. Available on both Android and iOS.

2. MetaTrader 5 :A popular trading program that has all the basic functions but is developed to be more detailed to meet the needs of investors who are experts and want to use advanced tools to analyze the market and find the right time to invest.

3. MT4:MetaTrader 4A basic trading program suitable for all new investors. Easy to use, convenient, fast, the most convenient platform to start trading.

Taurex Review: Account Types

There are three types of investor accounts: Standard Zero, Pro Zero and Raw.

Standard Zero Account

• Minimum deposit $100

• Maximum leverage 1:1000

• CFD Leverage 1:1000

• Margin Call/Stop Out 100% / 30%

• Spread starts at 1.6

• Commission 0$

Pro Zero Account

• Minimum deposit $500

• Maximum leverage 1:1000

• CFD Leverage 1:1000

• Margin Call/Stop Out 100% / 30%

• Spread starts at 1.2

• Commission 0$

Raw Account

• Minimum deposit $500

• Maximum leverage 1:1000

• CFD Leverage 1:1000

• Margin Call/Stop Out 100% / 30%

• Spread starts at 0

• Commission 2.0$/side

Taurex Customer Service

For foreign investors or Thai investors who want to invest, you can contact customer service 24 hours a day through this channel.

• E-mail:[email protected] 

• Website:tradetaurex.com

• LinkedIn:https://www.linkedin.com/company/trade-taurex

• Supported languages:English, Arabic, Chinese, Spanish, Vietnamese, Malaysian, Thai

Broker Review Overview Summary

Taurex is a broker that offers online financial market trading services, but it has several disadvantages that should be considered, especially in terms of reliability and transparency. There are concerns about the reliability of the license, which may make investors feel unsure about the safety and operations of this broker. Another important point is the lack of transparency in explaining the details of deposits and withdrawals, which can be confusing for users, especially when dealing with funds. In addition, the minimum deposit is quite high compared to other brokers, which may not be suitable for investors who want to start with a small amount of capital.

 In addition There have also been reports from users that they have had their profits deleted without prior notice.And this matter has been reported to the FSA, raising doubts about the transparency of the broker's profit management. Given these disadvantages, investors should consider carefully before choosing to use the service.

Frequently Asked Questions about Taurex

1. What platforms can I use to trade Forex?

A: You can trade via Taurex Trading App, MetaTrader 4 and MetaTrader 5.

2. How many types of accounts are there to choose from?

A: There are 3 types of accounts to choose from: Standard Zero, Pro Zero and Raw.

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