TemplerFX Review - Does It Offer No Deposit Bonus? - WikiFX
Abstract：TemplerFX is an online forex broker that provides its clients a series of common forex instruments with only $1 minimum deposit requirement.
| TemplerFX Review Summary | |
| Founded | 2005 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex, energies, precious metals, shares CFDs, and cash indices |
| Demo Account | ✅ |
| Leverage | Up to 1:2000 |
| Spread | From 0.1 pips |
| Trading Platform | MT4, Templer FX Trader |
| Minimum Deposit | $1 |
| Customer Support | Phone: +44 20 33557076 / +44 02 071128046 |
| Email: info@templerfx.com | |
| Facebook, Twitter | |
| Address: Suite 305, Griffith Corporate Centre Beachmont P.O.Box 1510, Kingstown, SVG | |
| Regional Restrictions | US, UK, EU, Canada, Turkey, Israel, and Japan |
Registered in St. Vincent and the Grenadines in 2005, TemplerFX is an online forex broker that provides its clients with a series of common forex instruments. It provides different account types with varying features and minimum deposit requirements through MT4 and Templer FX Trader trading platforms. However, TemplerFX was not a regulated broker and there are many residents have no access to trade with them.
Pros and Cons
| Pros | Cons |
| Wide range of trading instruments | Unregulated status |
| Multiple account types catering to different trading styles | Regional restrictions |
| Flexible leverage ratios | |
| Support for various payment methods |
Is TemplerFX Legit?
TemplerFX is not a regulated broker. The absence of regulatory oversight raises concerns about the credibility and transparency of the broker's operations.
What Can I Trade on TemplerFX?
TemplerFX offers forex, energies, precious metals, shares CFDs, and cash indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Energies | ✔ |
| Precious Metals | ✔ |
| Cash Indices | ✔ |
| Shares CFDs | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
Account Type
TemplerFX provides six types of accounts: Universal FX, XBTC, Cent FX, MAM, Muslim FX, and Segregated accounts. The minimum deposit requirements for these accounts are $25, 0.000001 BTC, $1, $1,000, $25, and €50,000 respectively.
| Account Type | Minimum Deposit |
| Cent FX | $1 |
| Universal FX | $25 |
| Muslim FX | $25 |
| XBTC | 0.000001 BTC |
| MAM | $1,000 |
| Segregated accounts | €50,000 |
Leverage
TemplerFX offers flexible leverages for each account, ranging from 1:1 to 1:2000. High leverage also comes with a heightened level of risk. A small adverse price movement can lead to significant losses, potentially exceeding the traders initial deposit.
TemplerFX Fees
TemplerFX offers different account types with varying pip spreads and transaction fee policies.
| Account Type | Spread | Transaction Fee |
| Universal FX | 0.1 pips | ❌ |
| XBTC | ||
| Cent FX | ||
| MAM | ||
| Segregated accounts | ||
| Muslim FX | 1 pip | $5/lot |
Trading Platform
TemplerFX supports MT4 and Templer FX Trader.
For mobile users, there are MetaTrader 4 versions available for Android, iOS, and BlackBerry devices, each equipped with real - time trading features like order placement, stop - loss/take - profit setting, and access to trading history.
Desktop users can choose from options like Templer FX Trader on Linux (using Wine), MacOS (using Wine and PlayOnMac), and the Templer FX WebTrader, which is accessible via any modern browser on multiple operating systems without extra software installation.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web/ Android/ iOS | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
TemplerFX offers many methods to make a deposit and withdrawal, including VISA, mastercard, wire transfer, skrill, CONTACT, LEADER, Perfect money, fasapay, OKPAY, and so on. You can learn more through clicking: https://templerfx.com/en/trading/trading_terms/deposit_withdraw.
Deposit Options
| Deposit option | Available currency | Minimum Deposit | Maximum Deposit | Deposit Fee | Deposit Processing time |
| VISA/ Mastercard | USD | 1 | 10,000 | 0 | Automatic, instantly |
| Wire Transfer | USD, EUR, CHF, GBP | 100 | - | Set by your bank | 1 hour |
| Skrill | USD | 10 | 10,000 | 0 | Automatic, instantly |
| Perfect Money | 1 | 1,000 | 1% | ||
| Fasapay | - | ❌ | |||
| OK PAY | - |
Withdrawal Options
| Withdrawal option | Available currency | Minimum Withdrawal | Maximum Withdrawal | Withdrawal Fee | Withdrawal Processing time |
| VISA/ Mastercard | USD | 15 | 1,000 | 2% + 5USD | 1 - 5 business days |
| Wire Transfer | 1,000 | - | 50 EUR | ||
| Skrill | 10 | up to a deposited sum | ❌ | Automatic, instantly | |
| Perfect Money | 1 | - | |||
| Fasapay | 500 | ||||
| OK PAY | 5 | 10,000 | 3% | up to 72 hrs |
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