Score

7.30 /10
Good

taurex

Seychelles

5-10 years

Regulated in United Kingdom

Market Making License (MM)

MT4 Full License

High potential risk

Offshore Regulated

B

Add brokers

Comparison

Quantity 23

Exposure

Open Account
Website

Score

Regulatory Index8.08

Business Index7.41

Risk Management Index0.00

Software Index9.88

License Index8.10

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Broker Information

More

Company Name

Taurex Global Limited

Company Abbreviation

taurex

Platform registered country and region

Seychelles

Company website

X

Facebook

Instagram

YouTube

Linkedin

WhatsApp

  • 447375149254

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2026-02-28
  • WikiFX has received a total of 21 user complaints against this broker, please be aware of the risks and do not be scammed!
  • The United Kingdom FCA license (License No. 744501) claimed by the broker has not been verified. Please be aware of the risks!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to Withdraw

Taurex is a scam broker

When I created my account, they said my profile was completely valid and I could start trading. But when I made a profit of $800, I withdrew my money and they said my account was not verified. Taurex asked me to verify my identity, and when I did, they said I did not meet the identity verification requirements. So why didn't they ask me to verify my face as soon as I created my account? They waited for me to make a profit and made such an unreasonable request.

2025-07-01 19:54
Unable to Withdraw

Taurex adjusts customers' transaction prices to deduct profits.

MT4: 4113440, Email: h01016@163.com I am lodging a complaint against the Taurex platform for arbitrarily modifying customers' trade prices, cancelling profits after order execution. On April 3rd, I manually traded the UK100 index, purely going long, holding the position for about ten minutes, and then closed the position at a profit. However, the platform informed me that my trades were not executed at the recorded prices and modified the trading prices to cancel the profits - this is utterly outrageous. Firstly, if I didn't execute at the price shown, why does my order display a profit? Unless the platform operates as a betting platform, cancelling orders' profits and modifying prices when they see customers making a profit - the ability to modify executed prices is truly alarming. Secondly, if the platform genuinely executed my orders at the stated prices in the market, I willingly accept the subsequently modified prices. Lastly, I hope this is a misunderstanding and the platform will return the profits to me. Otherwise, if they do not compensate, it is clearly a scam platform that modifies customers' executed prices and cancels customers' profits - this is a betting platform where you can only lose money, not earn it. I urge everyone to steer clear. I will update on my account situation. Please be cautious when choosing to trade with Taurex if they do not handle this situation before my withdrawal.

2025-04-11 14:02
    taurex · Company summary
    BrokerTaurex
    Regulatory StatusFCA
    Trading AssetsOver 1000 options including Forex, cryptos, shares, indices, metals, and commodities
    Account TypesStandard Zero, Pro Zero, Raw
    Minimum Deposit$100 for Standard Zero, $500 for Pro Zero and Raw
    LeverageUp to 1:1000
    SpreadsFrom 0.0 pips
    CommissionNo Commission for Standard Zero and Pro Zero, $2.0 per side for Raw
    Trading PlatformMetaTrader 4, MetaTrader 5, and Taurex App
    Customer Support24/5 live chat, email, and phone support
    Educational ResourcesReal-time updated market news and daily market analysis

    Taurex Information

    Taurex is a prominent brokerage situated under the regulation of the FCA. The company offers a broad assortment of over 1000 trading assets that include Forex, cryptos, shares, indices, metals, and commodities, aimed at addressing the varied interests of traders.

    The maximum leverage provided by Taurex extends up to 1:1000, giving traders significant trading capacity. The spreads offered by Taurex start from 0.0 pips. While Standard Zero and Pro Zero accounts enjoy the benefit of no commission, the Raw account is charged a commission of $2.0 per side. For its trading platforms, Taurex provides compatibility with MetaTrader 4, MetaTrader 5, and their in-house Taurex App.

    Taurex Information

    Is Taurex Legit?

    Taurex Limited, authorized and regulated by the Financial Conduct Authority (FCA), with Regulatory License No. 816055.

    Regulatory Status

    Taurex Global Limited, offshore regulated by the Seychelles Financial Services Authority (FSA) with Regulatory License No. SD092.

    Regulatory Status

    Pros & Cons

    ProsCons
    • FCA-regulated
    • Relatively high deposit of $100
    • Three types of accounts to choose from
    • Raw account charge commissions
    • Generous leverage of up to 1:1000
    • Both MT4 & MT5 supported
    • Competitive spreads
    • 1000+ financial instruments

    Market Instruments

    Taurex offers investors more than 1000 financial instruments including Forex (over 50 currency pairs), cryptos, shares, indices, metals, and commodities.

    Market Instruments

    Account Types

    Taurex offers a range of account types which include the Standard Zero, Pro Zero, and Raw.

    The Standard Zero account requires a minimum deposit of $100 and spreads as low as 1.6.

    The Pro Zero account requires a higher minimum deposit of $500 but offers similar features to the Standard Zero account. The Pro Zero account stands out with its lower spreads, which can go down to 1.2.

    Standard Zero account and Pro Zero account do not charge commissions.

    The Raw account offered by Taurex requires a minimum deposit of 500. An impressive feature of the Raw account is its extremely tight spreads which can reach as low as zero.

    These accounts allow for forex leverage up to 1:1000 and CFD Leverage (for Indices & Commodities) up to 1:1000. There are over 1500 instruments available to trade, which comprise Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies.

    They also offer Islamic accounts, also known as Swap Free accounts, to accommodate our clients' religious beliefs.

    Standard ZeroPro ZeroRaw
    Minimum Deposit$100$500$500
    Forex Leverage up to1:10001:10001:1000
    CFD Leverage (Indices & Commodities) up to1:10001:10001:1000
    Instruments1500+ (Forex, Metals, Shares. Commodities, Indices, Cryptocurrencies)1500+ (Forex, Metals, Shares. Commodities, Indices, Cryptocurrencies)1500+ (Forex, Metals, Shares. Commodities, Indices, Cryptocurrencies)
    ExecutionECNECNECN
    Spreads as low as1.61.20
    Commission$0$0Up to $2.0 per side
    Account Types

    Leverage

    Taurex provides a maximum leverage of 1:1000 for its account holders. This means that, for every one dollar in their account, traders can take control over assets up to the value of $1000.

    Spreads & Commissions

    In terms of spreads and commission, Taurex offers competitive conditions for its traders.

    For spreads, which refer to the difference between the buy and sell prices of a currency pair or asset, Taurex presents very low amounts. For instance, in the Standard Zero and Pro Zero accounts, spreads can go as low as 1.6 and 1.2 respectively. More impressively, spreads in the Raw account can go down to zero.

    For commissions, while trading with the Standard Zero and Pro Zero accounts, traders enjoy zero commission on trades. This is an attractive offer for traders who prefer a cost structure that is mainly spread-based. However, with its Raw account, Taurex implements a commission structure that charges up to $2.0 per side. This can be advantageous for traders who give priority to super low spreads and don't mind a commission-based pricing model.

    Trading Platform

    Taurex offers a suite of trading platforms that cater to different trading needs and preferences. These platforms are designed to enhance your trading experience and help you tailor your trading to your specific needs.

    1. MetaTrader 4 (MT4): MT4 is renowned for its user-friendly interface and efficiency. It provides you with access to a wide range of powerful trading tools to help you get the most out of your trading.
    2. MetaTrader 5 (MT5): MT5 takes trading to the next level. It's known for its advanced features and ultra-reliable performance. Just like MT4, MT5 supports one-click trading and provides robust charting tools and technical indicators, but it also houses additional powerful features which include more types of orders, more indicators, and more tools for technical analysis.
    3. Taurex App: The Taurex App delivers an intuitive, seamless, and unrivaled mobile trading experience. It's designed to make trading on-the-go as easy and efficient as possible. With its user-friendly interface and robust suite of features, trading convenience is truly at your fingertips.
    Trading Platform

    Deposits & Withdrawals

    Taurex offers flexible funding options to cater to the varying needs of its users. The payment methods supported by Taurex span a diverse range, allowing for easy account funding. Users can opt for digital wallet services like Skrill and NETELLER, which provide fast and secure transactions.

    Taurex also accepts major credit and debit cards such as VISA and Mastercard, which are widely used due to their convenience. Moreover, wire transfers are supported for those who prefer traditional bank transactions.

    Deposits & Withdrawals
    Deposits & Withdrawals

    Customer Support

    Taurex provides various channels for contact and support to ensure comprehensive assistance for its users around the globe:

    1. Live Chat: Taurex provides 24/5 live chat support for instant help from their team of experts.
    2. Email Support: Depending on the region, users can reach out via different email addresses as follows:
      1. For Global users: support@tradetaurex.com
      2. For LATAM: contacto@tradetaurex.com
      3. For Asia: asiasupport@tradetaurex.com
      4. For MENA: menasupport@tradetaurex.com
      5. For Africa: africasupport@tradetaurex.com
    3. Phone Support: Users who prefer phone communication can find their regional contact numbers below:
      1. For Global inquiries: +2484632026
      2. For LATAM - Mexico: +578005189634
      3. For Asia: +601548738822
      4. For Mexico: +528004610426
      5. For MENA: +97145429103
      6. For Africa: +23233996965
    Customer Support

    Educational Resources

    Regarding educational resources, Taurex provides real-time updated market news and daily market analysis updates based on your personal preferences.

    Educational Resources

    Frequently Asked Questions

    What is the maximum leverage available at Taurex?

    Taurex provides a maximum leverage of 1:1000 for its account holders.

    Which trading platforms does Taurex support?

    Taurex supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the Taurex App for trading.

    Does Taurex charge a commission on trades?

    While there are no commissions for the Standard Zero and Pro Zero accounts, the Raw account charges up to $2.0 per side.

    Risk Warning

    Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors.

    News

    ExposureTaurex Review: The Profit Eraser Hiding Behind Shifting Identities

    Taurex (formerly Zenfinex) operates a predatory scheme where profits are systematically deleted the moment a withdrawal is requested, backed by a confusing web of 'unverified' and 'cloned' regulatory warnings. With over 21 severe complaints and official warnings from the FCA and Malaysian SC, this broker's 7.30 score is a mask for professional capital extraction.

    WikiFX
    2026-02-27 13:30
    Taurex Review: The Profit Eraser Hiding Behind Shifting Identities

    NewsTaurex mobile trading app unveils upgrades, hits 250k downloads

    Taurex mobile trading app rolls out curated news, TradingView charts, and refreshed UI as downloads cross 250,000, with Taurex 2.0 on the way.

    WikiFX
    2025-09-29 18:41
    Taurex mobile trading app unveils upgrades, hits 250k downloads

    NewsNew to Forex Trading? Check Out These 6 Key Features of Taurex

    If you're just stepping into the forex market and feeling confused about which broker to choose, you might consider giving a chance to a regulated forex broker like Taurex. You may wonder why we are specifically mentioning this broker. It is because of several strong reasons outlined in the article below.

    WikiFX
    2025-08-05 17:48
    New to Forex Trading? Check Out These 6 Key Features of Taurex

    NewsTaurex Announces First Winners in Year-Long $100K Trading Giveaway

    Taurex, a globally recognised multi-asset trading platform, has launched the 100K Trading Giveaway, a campaign offering live funded accounts to active traders around the world. The year-long initiativ

    WikiFX
    2025-07-30 08:37
    Taurex Announces First Winners in Year-Long $100K Trading Giveaway

    User Reviews

    More

    User comment

    42

    Comments

    Write a review

    山水有相逢啊啊
    6-12months
    我账户一个多月了,不让出金,一直说在维护,或者审核中,远离黑平台
    我账户一个多月了,不让出金,一直说在维护,或者审核中,远离黑平台
    Translate to English
    2026-02-22 07:49
    Reply
    0
    0
    FX3190373825
    0-3months
    我入金了1500u 就交易了几笔交易后 亏损了一点,然后想出金 ,把我出金选项给我关闭了,后台客服说一直给我审核,让我一直等着,我想知道的是我的账号有什么审核的,我就想把本金出来这么难么
    我入金了1500u 就交易了几笔交易后 亏损了一点,然后想出金 ,把我出金选项给我关闭了,后台客服说一直给我审核,让我一直等着,我想知道的是我的账号有什么审核的,我就想把本金出来这么难么
    Translate to English
    2026-01-31 14:45
    Reply
    0
    0
    23