Score

4.52 /10
Average

TD Markets

South Africa

5-10 years

Regulated in South Africa

Financial Service Corporate

White label MT4

Suspicious Overrun

Medium potential risk

C

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Exposure

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Website

Score

Regulatory Index3.51

Business Index7.36

Risk Management Index0.00

Software Index8.89

License Index3.72

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Website

Licenses

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ES CNMV
2024-07-08

Danger

ID BAPPEBTI
2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
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Broker Information

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Company Name

TD Markets (Pty) Ltd

Company Abbreviation

TD Markets

Platform registered country and region

South Africa

Company website

X

Facebook

Instagram

Linkedin

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2025-07-06
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 49128)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

TD Markets · Company summary
TD Markets Review Summary
Founded2006
Registered Country/RegionSouth Africa
RegulationFSCA (Exceeded)
Market InstrumentsForex, commodities, indices, cryptocurrencies, shares, ETFs
Demo Account
Islamic Account
SpreadFrom 1.8 pips (TDM MINI account)
Leverage/
Trading PlatformMT4, MT5
Social Trading
Minimum Deposit$5
Customer SupportContact form, live chat, FAQ
Tel: 010 300 0011
Email: care@tdmarkets.com
Address: Floor 12 Green Park Corner, 3 Lower Rd, Sandton, 2196
Instagram, Facebook, Twitter, LinkedIn
Restricted CountriesUnited States of America, Canada, Iran, Iraq, Syria, Libya

TD Markets Information

TD Markets is a South African brokerage company who offers trading services in in forex, commodities, indices, stocks, ETFs and cryptocurrencies.

It offers a risk-free demo account and seven live accounts for different products and client groups, with an affordable minimum deposit $5 and tight starting spread from 0.1 pips. You can also execute trades through the renowned MetaTrader 4 or 5 platform, which is popular worldwide.

In addition, trading tools such as economic calendars and technical analysis are available to enhance trading efficiency. Educational resources are also provided to equip traders with essential knowledge and skills.

Furtheremore, the broker enables social trading for investors to communicate within interaction community to learn from successful predecessors.

The broker also implements fund segregation, which protects customer assets even during insolvency.

However, one crucial thing that should raise your great attention is that the broker exceeds FSCA regulation,requesting extreme cautiousness from you before deciding to trade with them.

TD Markets' homepage

Pros and Cons

Pros Cons
Demo accountsExceeded FSCA regulation
Affordable minimum depositLimited info on funding methods
Tight starting spreads
MT4 and MT5 platforms
Social trading
Fund segregation

Is TD Markets Legit?

TD Markets is currently being regulated by FSCA (Financial Sector Conduct Authority) with license no. 49128.

However, you should aware that the regulation status is exceeded, indicating possible engagement in financial activities beyond what is legally permitted by FSCA.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
FSCAExceededTD MARKETS (PTY) LTDFinancial Service Corporate49128
Exceeded FSCA license

What Can I Trade on TD Markets?

Trading InstrumentsSupported
Forex
Commodities
Indices
Cryptocurrencies
Shares
ETFs
Bonds
Options
What Can I Trade on TD Markets?

Account Type & Fees

TD Markets offers a demo account simulating real trading, allowing traders to practice their trading strategies without losing real money.

Furthermore, seven live accounts are also avialable to suit varying needs for different client groups:

Account TypeMinimum Deposit SpreadCommission
TDM PRO$1,000From 0.1 pips$8 per lot
TDM GOLD$50From 1.8 pips
TDM MINI$1 per mini lot
TDM ISLAMIC
TDM CRYPTOBTC 0.03From 0.2 pips$8 per standard lot
TDM CENT$10$0.1 per cent lot
TDM MAX$5From 1.8 pips
Account comparison
Account comparison

Trading Platform

TD Markets uses the world renowned MetaTrader 4 and 5 platforms for investors to execute trades, which is well-recognized by their robust functionalities such as advanced charting tools, automated trading and analysis indicators.

You can reach the platform on web, or download app from Windows, mobiles phones and Linux devices.

Trading PlatformSupported Available Devices Suitable for
MT4Web/Windows/Mobile phones/LinuxBeginners
MT5Web/Windows/Mobile phones/LinuxExperienced traders
MT4 and MT5 platforms

News

NewsWhat to Look for in a Forex Scam

As of April 2019, the spot FX market, which includes currency options and futures contracts, exchanged about $6.6 trillion each day. 1 With such a large quantity of money moving about in an unregulated spot market that trades instantaneously, over the counter, and with little accountability, forex scams entice unscrupulous operators to make quick money. While many once-popular scams have faded away owing to the Commodity Futures Trading Commission's (CFTC) aggressive enforcement efforts and the founding of the self-regulatory National Futures Association (NFA) in 1982, some old scams persist, and new ones keep cropping up.

WikiFX
2022-05-05 16:25
What to Look for in a Forex Scam

NewsALLEGED FOREX SCAM: THE COURT ORDERS CBN TO UNFREEZE THE ACCOUNT OF OF OJUKWU'S THAT HAS BEEN FROZEN

The federal high court in Abuja has ordered the central bank of Nigeria, CBN, to unfreeze the account of ojukwu that has been frozen which is controlled by Mr. chikaosolu ojukwu and his firm, stabilization energy ltd.

WikiFX
2022-05-01 12:00
ALLEGED FOREX SCAM: THE COURT ORDERS CBN TO UNFREEZE THE ACCOUNT OF OF OJUKWU'S THAT HAS BEEN FROZEN

NewsDr. Ref Wayne Top trader or smoke and mirrors?

In this article, my second installment in a series of Rtickes focused on the top two scams in the South African forex industry and also who are being named and shamed as the main players in these elaborate schemes, helping the masses to piece together for themselves if these gurus are in fact who they claim to be.

WikiFX
2022-04-28 10:34
Dr. Ref Wayne Top trader or smoke and mirrors?

NewsTHE FOREX TRADING PSYCHOLOGY

The financial industry is brimming with prospects for everyone interested in making money. Many traders give in to the urge and jump into the water with their heads down, making reckless deals that aren't backed by analysis or even plain sense. As a result, financial losses are massive, and disgruntled traders are increasing in number. And it was only necessary to take a more responsible approach to this issue, and perhaps there would be no loss at all, and Forex would become an ideal platform for making a significant profit.

WikiFX
2022-04-27 16:30
THE FOREX TRADING PSYCHOLOGY

User Reviews

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User comment

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Sandence
more than one year
Educational resources are top-notch, but account maintenance fees can add up. Worth it for the knowledge, though.
Educational resources are top-notch, but account maintenance fees can add up. Worth it for the knowledge, though.
Translate to English
2024-08-06 18:34
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USDT@
more than one year
I've been using TD Markets for a while now, and honestly, it's been pretty good. The leverage is huge, up to 1:2000. Their MetaTrader 4 platform is reliable and straightforward, perfect for my daily trading. What I appreciate most is how quickly I can withdraw my earnings—super convenient. Also, the webinars they offer are genuinely insightful, not just generic advice. Definitely a solid option if you're looking for a broker that offers both high leverage and fast service.
I've been using TD Markets for a while now, and honestly, it's been pretty good. The leverage is huge, up to 1:2000. Their MetaTrader 4 platform is reliable and straightforward, perfect for my daily trading. What I appreciate most is how quickly I can withdraw my earnings—super convenient. Also, the webinars they offer are genuinely insightful, not just generic advice. Definitely a solid option if you're looking for a broker that offers both high leverage and fast service.
Translate to English
2024-06-04 14:34
Reply
0
0