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Tattvam Market -Some important Details about This Broker

WikiFX | 2024-12-12 10:22

Abstract:Founded in 2021, Tattvam Markets is a broker registered in Mauritius, offering trading in UAE shares, US shares, forex, commodities, indices with leverage up to 1:200 and forex spread from 0.1 pips on the MT5 trading platform. Demo accounts are not available and the minimum deposit requirement to open a live account is as high as $1,000.

Tattvam Markets Review Summary
Founded2021
Registered Country/RegionMauritius
RegulationSCA (Exceeded)
Market InstrumentsUAE shares, US shares, forex, commodities, indices
Demo Account❌
LeverageUp to 1:200
SpreadFrom 0.1 pips (forex)
Trading PlatformMT5
Min Deposit$1,000
Customer SupportLive chat, Contact form
Linkedin, Youtube
Tel: +23058278051 (Mauritius), +971 4 2228477 (Dubai)
Email: contact@tattvammarkets.com
Registered address: Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201, Ebene, Republic of Mauritius
Business address: Office No. 5103, 51st Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE
Regional RestrictionsThe American Samoa, the Central African Republic, the Democratic Republic of the Congo, Cuba, Côte dIvoire, Eritrea, Guam, Heard Island and McDonald Islands, Iran, Israel, Japan, Lebanon, Liberia, Libya, Mali, Northern Mariana Islands, Puerto Rico, Russia, Somalia, the Syrian Arab Republic, the United States Minor Outlying Islands, the United States of America, the Virgin Islands of the United States or Yemen clients are not allowed

Tattvam Markets Information

Founded in 2021, Tattvam Markets is a broker registered in Mauritius, offering trading in UAE shares, US shares, forex, commodities, indices with leverage up to 1:200 and forex spread from 0.1 pips on the MT5 trading platform. Demo accounts are not available and the minimum deposit requirement to open a live account is as high as $1,000.

Tattvam Markets' homepage

Pros and Cons

Pros Cons
Diverse tradable assetsExceeded regulation
Multiple account typesNo demo accounts
Flexible leverage ratiosHigh minimum deposit requirement
MT5 platformRegional restrictions
Popular payment options
Live chat support
Various contact channels

Is Tattvam Markets Legit?

No. Tattvam Markets currently has no valid regulations. It only holds an exceeded SCA license. Please be aware of the risk!

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Securities and Commodities Authority (SCA)Exceeded Tattvam Financial Advisors LLCInvestment Advisory License20200000185
Exceeded SCA license
Domain information

What Can I Trade on Tattvam Markets?

Tradable Instruments Supported
UAE shares✔
US shares✔
Forex ✔
Commodities ✔
Indices ✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Tattvam Markets?

Account Type

Here are five account types Tattvam Markets offers. The minimum deposit is $1,000.

Account TypeMin Deposit
UAE shares$1,000
US shares
Forex
Commodities
Indices
Account comparison 1
Account comparison 2

Leverage

Account TypeMax Leverage
UAE shares1:5
US shares1:10
Forex 1:200
Commodities 1:200
Indices 1:200

It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Tattvam Markets Fees

Account TypeSpreadCommission
UAE sharesFrom 0 pips❌
US sharesFrom 0 pips❌
Forex From 0.1 pips/
Commodities //
Indices From 0.8 pips/

Swap Rates

Each currency pair has its specific swap charge and swap rates provided as per central bank, calculated based on a standard size of 1.0 lots, equivalent to 100,000 base units. On Wednesday nights, swaps for FX, Metals, Bonds, and CFDs on Commodities are subject to a triple rate compared to the usual rate. Similarly, on Friday nights, swaps for Energies, Indices, and also incur a triple rate compared to the standard rate.

Calculator

Trading Platform

Tattvam Markets provides MetaTrader 5 for traders, which integrates all the essential elements while introducing extra capabilities and an enhanced environment tailored for EA trading. This versatile platform is compatible with PC, Mac, Android, laptop, Web, and Windows, and the website also provides instructions for downloading.

Trading PlatformSupported Available Devices Suitable for
MT5✔PC, Mac, Android, laptop, Web, and WindowsExperienced traders
MT4❌/Beginners
MT5

Deposit and Withdrawal

The broker accepts payments via Bank Transfer, Credit Card, and E-wallet.

Deposit Options

Deposit Options Fees Processing Time
Bank Transfer (SBM/MAU BANK)❌1-4 business days
Credit card(VISA/MASTERCARD)/1-4 business days
E-wallet(NACE/NETELLER/SKRILL)❌2 minutes

Withdrawal Options

Withdrawal Options FeesProcessing Time
Bank Transfer (SBM/MAU BANK)$451-3 business days
Credit card (VISA/MASTERCARD)/1-3 business days
E-wallet(NACE/NETELLER/SKRILL)❌1 hour
Deposit and Withdrawal 1
Deposit and Withdrawal 2
Forex tradingForex Broker

Related broker

Over-Operation
Tattvam
Company name:Tattvam Capital Markets Ltd
Score
3.14
Website:https://www.tattvammarkets.com/
2-5 years | Regulated in United Arab Emirates | Investment Advisory License | White label MT5
Score
3.14

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