Forex Germany

Forex Broker - Tallinex

Tallinex has been founded in Estonia in 2012 but moved its registered office to St. Vincent and the Grenadines in 2014.

Type

ECN/STP Broker

Financial market supervision

Tallinex Ltd. is supervised by the Financial Services Authority (FSA), the independent supervising authority of St. Vincent and the Grenadines. However, it is unlikely that the regulation and supervision is on the same level as in Europe, Australia or the United States.

Protection of deposits

Tallinex doesn't provide any information regarding the protection of deposits.

Segregation of clients' funds

By its own accounts, Tallinex keeps clients' funds on separate accounts, thus ensuring that creditors do not have access to client's deposits in case of a bankruptcy. Partial amounts used as a margin at the time of the bankruptcy are not subject to this regulation.

Customer support

Customer support is available in several languages, the main support language is English.

Account opening

For the opening of an account, Tallinex requires a proof of identity (personal ID or passport) and a proof of address (account or credit card statement, utility bill). Documents can be scanned in and emailed to customer support or uploaded in the Back-Office area of the website.

Deposits on a customer account can be made by bank transfer (2-3 business days) or by credit card (online, within a few hours). Pay-outs are allowed by bank transfer to the customer's account only; pay-outs to third parties are not permitted.

Liquidity provider

Integral (access to more than 18 banks, including: Bank of America, Barclays, BNP Paribas, Citibank, Commerzbank, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, J.P.Morgan, Morgan Stanley, MUFG, Natixis, Nomura, RBS, SEB, SMBC, UBS).

Server location

The trading servers are located in New York.

Server time

Summer time: GMT+0
Winter time: GMT+0

Account parameters

ECN Micro account ECN Pro account
Spreads: variable, starting from 1.8 pips variable, starting from 0.0 pips
Currency pairs: 23, gold, CFDs 23, gold, CFDs
Decimal places: five, accuracy 0.1 pips five, accuracy 0.1 pips
Leverage: variable, max. 1:1,000 variable, max. 1:500
Minimum deposit: EUR / USD 100 EUR / USD 2,000
Minimum contract size: 0.01 lot 0.10 lot
Account currencies: USD, EUR USD, EUR
Commission: n/a USD 6.00 per 100k USD traded (round-turn)

Links

Menu

Deutsch / English

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