Templerfx minimum deposit
6.2 the maximum total volume of simultaneously open positions for NDB account is 0.3 lot, no deposit bonus agreement
Free forex bonuses
Templerfx minimum deposit
HOW TO GET A NO DEPOSIT BONUS?
You want to trade FX and you are afraid to lose your money?
Open a trading account and get the most attractive bonus, no deposit bonus 30$! You don't need to top up your live account to start trading as templerfx gives you free initial deposit.
HOW TO GET THE NO DEPOSIT BONUS?
Firstly, you need to register at templerfx members area .Every trader has an opportunity to start trading on forex without a start-up capital thanks to a fixed sum of money credited as the no deposit bonus. To get it, you should verify your members area account that will not take much time.
Absence of any previous registration at members area is a necessary requirement for getting the no deposit bonus.
Pay attention to the fact that the bonus can be received only once.
WITHDRAWAL OF BONUS FUNDS
To earn the right to withdraw bonus and/or made profit , you should comply only with several flexible conditions. Master your trading skills not only on demo accounts! With no deposit bonus you can do it in the real market conditions without losing your own funds!
Instruction:
STEP 1. MEMBERS AREA ACCOUNT REGISTRATION
You need to create an account at the members area
STEP 2. VERIFICATION
The verification procedure is quite simple. You need to verify your email and cell phone number. After that you need is to upload the scanned copy of your passport or other document proving your identity and address of residence in the verification section of client cabinet.
After uploading, you will be notified within 72 hours whether your account has been assigned the status of greater credibility.
STEP 3. BONUS REQUEST
After the completion of registration and verification, you’ll need to click the "request NDB $30" button in 'bonus" section of members area .The company preserves the right to refuse to credit a fixed no deposit bonus amount to your account.
STEP 4. BONUS WITHDRAWAL
The no deposit bonus as well as made profit are allowed for withdrawal after the trading volume ( buy and sell trades) overcomes 5 lots.Only the whole bonus amount is allowed for withdrawal, there is no possibility to partially withdraw the bonus.
The use of this bonus is restricted, so please carefully read the bonus agreement before accepting its terms.
No deposit bonus agreement
- Every new client of templerfx is eligible to receive the no deposit bonus only once. The bonus is incompatible with other types of bonuses.
- The no deposit bonus is available only for the accounts that passed the full verification.
- Profit and bonus itself are allowed for withdrawal and internal transfer only after trading volume requirements are met.
- No deposit bonus is activating in applicant’s member's area and from that moment its funds are available for 30 calendar days.Once the 30-day term runs out and the offer conditions are not met the bonus funds are cancelled automatically.
- Once the required turnover volume is reached, the trading must be ceased, and the profit made transferred into a real trading account, where it will remain until a minimum required deposit is made. At that point, the joint funds will be available for either withdrawal or further trading activities.
- In order to withdraw the profit made with the bonus funds the client must fulfill the terms of the offer as they are listed below:
6.1 trade total volume of 5 lots for NDB accounts;
6.2 the maximum total volume of simultaneously open positions for NDB account is 0.3 lot;
6.3 verify a debit/credit card;
6.4 make a minimum deposit of 10 USD within the 30-day bonus term;
6.5 the withdrawable maximum for NDB accounts is 100$. Any amount exceeding that sum will not be transferred to the real trading account and made available for withdrawal.
* this clause is aimed at preventing any fraudulent activity associated with the bonus system(including but not limited to using of the so-called "reverse trading", same IP /PC/mobile logins , using hedging , using of bots/eas, using signals ,news trading etc.) ; however, its applying does not mean that all the accounts which were subject to the cancellation of previously received bonuses are found to have violated any of the rules due to the fact that in some cases it is impossible to unambiguously determine the fact of the rule’s violation. There is a 10% chance that an erroneous cancellation of the bonus within the struggle against unscrupulous usage of the bonus system would take place.
Templerfx review - is templerfx.Com scam or good forex broker?
RECOMMENDED FOREX BROKERS
Trading accounts and conditions
Account type | minimum deposit | minimum trade size | maximum leverage | average spreads |
universal | $25 | 0.01 lot | 1:1000 | 0.1 pips |
muslim | $25 | 0.01 lot | 1:1000 | 1 pips |
Templerfx is an offshore forex and CFD broker that also offers trading in binary options. There are two types of live trading account, plus a free demo account.
The company. Security of funds.
Company | country | regulation |
templer holdings management limited | SVG | FSA SVG |
Templerfx is yet another of the hundreds offshore brokers with a flimsy regulation. This time it is provided by the financial services authority (FSA) of saint vincent and the grenadines, but generally it does not mean the broker is reliable and provides proper client protection.
More often than not, those brokers are a scam defrauding clients out of their money, so it is best to avoid dealing with them. There are proper and reliable brokers, particularly the ones regulated by UK’s FCA or the australian securities and investment commission (ASIC), who offer good trading conditions and are much safer to deal with.
Trading platform
Not surprisingly, templerfx offers the most popular trading platform metatrader 4 (MT4) – for computers, mobile devices and web browsers.
MT4 is the most frequently offered trading platform and is popular both among brokers and traders. It is stable and reliable, has many functions, offers API connectivity, supports PAMM and MAMM functionality and has a wide selection of technical analysis and charting tools. It is also user-friendly and supports expert advisors and automated trading.
Promotions
Templerfx has several types of promotions. There are bonuses of 5, 10 and 15%, as well as a no deposit bonus, a loyalty program and a 100% bonus. All of the promotions and bonuses are subject to additional conditions.
Methods of payment
Templerfx has an extensive list of payment options. In addition to the standard bank transfer and debit/credit cards, the broker also processes deposits and withdrawals via the following platforms: skrill, contact, leader, perfect money, fasapay, yandex money, okpay, qiwi wallet, paxum, bpay, sberbank, alfa click and self service terminals via walletone.
Conclusion
Templerfx is an offshore broker. Judging by the language versions of its site, it is mostly targeting russian- and chinese-speaking clients, as well as indonesians.
It appears that the broker has been in business for a while and there haven’t been many complaints against it. On the contrary, there is mostly praise, but we are all too aware that comments on the internet can be bought a dozen for a dime, so we don’t raise our hopes too high.
Either way, as always, we strongly advise our readers to avoid dealing with offshore brokers with dubious regulation like templerfx. We are not explicitly saying it is a dubious broker, but everyone should keep in mind that the offshore regulators are not very reliable and do not offer much client protection.
Pros | cons |
low initial deposit | offshore |
high leverage |
Latest news about templerfx
FXTM a regulated forex broker (regulated by cysec, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
Fxpro is a broker we are particularly keen on: it’s regulated in the UK, offers metatrader 4 (MT4) and ctrader – where the spreads start at 0 pips, level II pricing and full market depth. And the best part? With fxpro you get negative balance protection.
Fxchoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
Hotforex is a EU regulated broker, offering wide variety of trading accounts, including auto, social and zero spread accounts. The minimum intial deposit for a micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.
Forex minimum deposit
Find below a list of forex brokers according to the minimum deposit for opening a forex trading account with low deposit.
Risk warning: your capital is at risk. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.
Trading with a small deposit
It is quite common that traders start to spend time on demo account, then, once they gain experience, some want to start real trading with a low deposit forex account without a large investment or putting substantial assets at risk. It is quite convenient by investing little money because emotions need practice.
Some brokers operate different business models where some operate a large customer base, while others have few high net-worth investors who can bring in large volumes of cash. High net-worth investors could me more interested in brokers having a high minimum deposit.
Risk warning: investments involve a high level of risk. It is possible to lose all your capital. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
The information on this site is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation and is not directed at residents of: belgium · france · japan · latvia · turkey · united states ·
Templerfx review – is it a scam or legit broker (2021)
In this templerfx review, we are going to take a look at the offer that this broker prepared for its traders. Templerfx operates on the financial market since 1995. When it comes to trading platforms, the broker features templer FX trader and webtrader. The templerfx minimum deposit is 1 USD.
Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.
Basic information from this templerfx review
website address: | templerfx.Com |
operated by: | templerfx |
licensed and authorised by regulatory bodies: | |
supported languages: | english |
customer support available via: | E-mail, phone, live-chat |
contact details: | [email protected], +44 20 3355 7076 |
available deposit methods: | VISA, mastercard, BPAY, fasapay, leader payment system, M-pesa, OKPAY, paxum , payanyway, payeer, perfectmoney, qiwi, self service terminals system (SSTS), skrill, SWIFT, walletone |
available withdrawal methods: | VISA, mastercard, fasapay, local exchangers, M-pesa, OKPAY, paxum , payeer, payza, perfectmoney, qiwi, skrill, SWIFT |
minimum deposit: | 1 USD |
min. Trade in lots: | 0.01 |
spreads: | typical spread on the currency pair EUR/USD - 0,5 pips * on standard account type |
tradable assets: |
The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.
For instance, in the european union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in australia and possibly in other jurisdictions.
Templerfx fees (typical spreads)
We have scanned fees (typical spreads) that templerfx charges when trading popular currency pairs, here is their breakdown in pips.
*typical spreads were recorded on 17.01.2020 at 21:28 for the standard account. Templerfx spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: HBG, BICFX, no1option and xopenhub
Frequently asked questions
is templerfx a scam?
In accordance with our research, templerfx is an offshore unregulated broker. This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker. In order to be sure that templerfx is not a scam, read our trader reviews and check other popular trading related websites and forums.
what is the templerfx minimum deposit?
In order to start trading with templerfx, you have to deposit at least 1 USD.
what deposit and withdrawal methods templerfx supports?
⚖️ would you recommend me choosing templerfx?
We don’t have our own personal experience with templerfx. However, because it is a broker that in accordance with our research lacks any regulation, we would be quite sceptical if we were to trade with such a provider. While there is a decent chance that templerfx is not a scam, there is no reason to take the risk of trading trade with an unregulated broker, especially when considering there are hundreds of brokers regulated in the EU, australia, africa and the USA offering similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.
¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.
Templerfx – 30$ no deposit bonus
Templerfx
Promotion name: no deposit bonus
Note: the broker does not provide services for US, UK, EU, canada, turkey, israel and japan residents.
How to get:
1. Members area account registration.
2. Verification.
3. Open a live account.
4. Bonus request.
Withdrawal requirements:
make a minimum deposit of 10 USD with a credit card within 30 days.
Profits can be withdrawn after trading volume overcomes 5 lots.
The withdrawable maximum for FX accounts is 100$.
More information:
this bonus offer is available to new clients.
The maximum leverage is 1:2000.
Information about the broker:
templer FX is operated by a company registered in the saint vincent and the grenadines.
Promotion valid: until cancellation.
Do you recommend this bonus?
What’s new?
Meefx – welcome bonus 5 USD
Instaforex – one million option
MFM securities – matador contest
Forex4you – trading hero contest
Justforex – 2021 trading contest
13 COMMENTS
Scaaam broker dont wase your time ,,
What are some of the requirements for someone who lives in somalia and wants to open templerfx
Has anyone ever withdrew
You have to deposit so is it not a no deposit bonus
Thanks templerfx, I got my bonus. My question, can my account be linked to my mt4?
Can my templerfx account be linked to my mt4?
I got my bouns jst waiting to make good moving
Is anyone made withdrawal
Hope i will get bonus and rise myself from nothing to something templefx
Thanks for your good service
I like and I’m really inspired with your services because it made poor people to move forward any more, thanks a lot
Got my profits from templerfx. I recommend it!!
LEAVE A REPLY cancel reply
Risk warning:
investors should be aware of the serious risks of investing in the forex market, binary options and other financial instruments. Trading on the forex and cfds using the leverage mechanism carries a high level of risk and may not be suitable for all investors.
Disclaimer:
all content on the brokersofforex.Com is provided for informational purposes only and shall not in any way be regarded as financial advice. Brokersofforex.Com and persons associated with brokersofforex.Com disclaim liability for any loss resulting from the use of information contained on this website. The published comments are private opinions of the users. Brokersofforex.Com is not responsible for their content. Used names and trademarks belong to their respective owners and are used for informational purposes only.
Popular category
From may 25, 2018, the general data protection regulation (GDPR), applies to all personal data processing of individuals from the european union.
We comply with this regulation and we would like to inform you about the rules of processing your personal data.
We would also like to inform you that this site uses cookies to provide better services.
Please be advised that by continuing to use this site, without changing your browser settings, you agree to the saving of cookies.
Privacy overview
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
Templerfx review
Minimum deposit
Bonus
Maximum leverage
Year founded
Regulation
Trading platform
The reputation of this broker is doubtful!
We do not trust this broker and do not recommend it to you.
The point of the templerfx review you are about to read is to do what we can to protect you from the scams that fill up the forex trading industry. We are a dedicated informational tool that does its best to help out the traders and to protect them from seemingly great opportunities that turn out to be scams. Sometimes this purpose is a little harder to fulfil than at other times. Yet we have never before had an easier time determining that a brokerage firm is a scam. The discussion we are going to go through right now is also here to help you identify any scam you might come across in the future. Learn, stay informed and you should be protected from any of them in the future. Alternatively, you could always rely on us to help you out.
Templerfx scam or not?
If you have ever tried to do in-depth research on a topic, you know that one of the biggest mistakes you can make is considered only what is on the surface. We all wish that we had been taught this lesson a little earlier in our lives. Thankfully, our team gets paid to know this lesson. Which is why we know not to trust templerfx from just what is on the surface. Though everything that is on the surface looks to be not entirely suspicious. Then again, not entirely is not our style. But before we dive, let us take a closer look at what templerfx has to offer at first glance.
The trademark templerfx seems to be registered to a company called templer holdings management limited. This company is licensed to perform financial trading by the financial services authority (abbreviated as FSA) of saint vincent and grenadines. This is a small country encompassing a number of islands located in the carribean sea. The license number listed on their website is 23395. Another license number provided is from the financial service provider commission and is FSP16410. So far so good.
At this point in the review, everything seems to be alright with the company. But as we said, we have to look beyond what is easily visible.
Templerfx reviews, or their absence
The first thing we tried while writing the templerfx was looking up other reviews. What we came up with was, well, almost nothing. Barely anyone who has worked with the company has done any review of it. While this might seem like not that big a problem for some people, it is what tingled our spidey scam senses. A company that has existed for more than a year will usually have at least a handful of reviews, both positive and negative, from their userbase. Templerfx has barely one or two and even those are not from any recognizable user. Why is this?
It could be because templerfx is not being used that much, or because the company is suppressing any kind of reviews that might tarnish its seemingly spotless reputation. We are not sure which it might be, but one thing is for sure – if there is no one but the company telling you that they exist and that they are good, then the company is probably not that good and only exists to themselves. So our suggestion would be to avoid this company unless you have a trustworthy source regarding how it works. And if such a source exists, please direct them to our comments section, so we too can know more about how this company works.
We would also like to discourage you from attempting to figure it out on your own. Why would you want to be the first person to be scammed and then have to tell us that you were scammed? Instead, you could take your money and work with a different brokerage firm.
An old company, a recent registration
According to the information provided on their website, templerfx was founded more than a decade ago, as we mentioned before. W also mentioned we have a problem with a lack of reviews for such an old company. Though after a closer look at the PDF attached to their website, we realized what was going on. The templerfx scam only registered with the financial services authority of saint vincent and grenadines only in 2016. We are upgrading to calling it a scam already because it is baffling to us why a company would so blatantly lie about its origins and about its date of founding. It is a bad way of garnering trust from potential users, especially since a better way of earning trust would be, to be honest about the company’s origins. Which they weren’t. Which drives us to call them a scam.
The FSA
Which brings us to another point we would like to make. There are a number of financial regulators around the world. The top 5 most trustworthy of them are definitely some of the most reliable organizations around the world. The rest can be trustworthy as well. The FSA is one of these regulators and is not necessarily untrustworthy on its own, but is definitely not part of the top 5 regulators around the world. It is often seen that endeavour such as the templerfx scam or offshore brokers tends to register with organizations like the FSA. Why? Because it is easy, it is cheap and because the FSA is unlikely to leave their island to double check claims. It is also very expensive to fly to the island where the regulator exists (around $1000 dollars, depending on the time of the year) to produce a claim against a scam company such as templerfx. Which provides both the company and the regulator with an incentive to collaborate.
The FSA database
Something else that we have noticed seems like a rather harsh violation of trade rights. The FSA does this through its treatment of templerfx inside its database. To be more specific about the treatment, there is none. This is because the templerfx scam is not registered in their database as a client and thus no complaints can be lodged against them. A sign of a dangerous collaboration between regulator and scam. Such things do not happen with reliable regulators that take care of their client brokerage firms and the traders.
Conclusion
We are firm believers in giving a company a chance. We would have been more than alright with giving templer FX a chance. Fortunately, the company failed at hiding the true nature of their collaboration with the regulator and the fact that they are a scam. We hope that in providing you with a templerfx review we have shown you another way how to identify potential scams and given you a good enough warning about working with such companies. Always look deeper than the surface!
If you have worked with templerfx and have either a positive or a negative experience, we would like to hear about it. Please go below and leave a review of the company, help us build awareness of brokerage scams such as this.
The reputation of this broker is doubtful!
We do not trust this broker and do not recommend it to you.
Templerfx review – the most detailed review for kenyans
Templerfx is one of the most preferable brokers for online forex traders in kenya. This is partly because the broker accepts mpesa as a means of depositing and withdrawing money from your account, and largely because there is nothing not to like about this broker.
Here are some of the strong points that we liked about templerfx
- Minimum deposit starts at only $1. (try their centforex account)
- Relatively low spreads on all currency pairs
- Regulated by the FSA
- Maximum leverage of 1:1000
- A $30 no deposit bonus for verified clients
Can you trust templerfx with your money?
This is one of the questions that every forex trader needs to ask themselves before they proceed to depositing money with a forex broker. It is extremely important that you only trade with forex brokers who have proved that they can be trusted. Templerfx is one such broker.
For starters, templerfx has been in the industry since 2004. Those are more than 15+ years in the industry. Most unreliable forex brokers don’t last more than a few months in the market.
Templerfx also offers non-dealing desk trade execution. With NDD trade execution, the broker acts as a bridge between you and liquidity providers. The broker does not trade against you, and therefore can be more reliable.
Some of the other advantages of trading with an NDD forex broker like templerfx include:
- Automatic execution of trades. Guaranteed no requotes
- Fast execution on orders
- More transparency. The broker can’t interfere with your trades
- Deep liquidity
Templerfx benefits to kenyans
After being in this industry for more than 5 years, I have learned to ask one question before I make any deals. What is in it for me? Like why would I register with templerfx and not any other broker such as IC markets? There are a few reasons why I recommend templerfx to forex traders in kenya.
First and foremost, this forex broker accepts mpesa. Mpesa makes depositing and withdrawing money from your trading account super easy. (there are a number of other forex brokers that accept mpesa, and I have done a very detailed review of them here.) mpesa deposits and withdrawals at templerfx are instantaneous unlike other funding methods which can take up to 10 days to process.
Secondly, templerfx has a rather relaxed account verification process. With just a phone number and an ID, you’ll be ready to start trading and withdrawing profits straight to mpesa. Their verification process is unlike that of other forex brokers who are so insistent on proof of residence to verify your account.
And believe it or not, you can start trading forex at templerfx without risking a single cent of your money. This is thanks to their $30 no deposit bonus promotion. What this means is that templerfx will give you a free $30 to start trading with. And you can withdraw the money plus profits after meeting certain conditions.
Lastly, the low initial deposit requirements at templerfx makes it more favorable to kenyans. Kenya is a third world country where money doesn’t come easy, and most beginner forex traders don’t want to risk all their life savings with forex trading. Templerfx has deposits as low as $1 on their cent accounts and $25 on their universalfx accounts. Coupled with a very generous 1:2000 leverage, strategic traders stand to make awesome profits from an all time low initial deposit.
Templerfx review – is it a scam or legit broker (2021)
In this templerfx review, we are going to take a look at the offer that this broker prepared for its traders. Templerfx operates on the financial market since 1995. When it comes to trading platforms, the broker features templer FX trader and webtrader. The templerfx minimum deposit is 1 USD.
Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.
Basic information from this templerfx review
website address: | templerfx.Com |
operated by: | templerfx |
licensed and authorised by regulatory bodies: | |
supported languages: | english |
customer support available via: | E-mail, phone, live-chat |
contact details: | [email protected], +44 20 3355 7076 |
available deposit methods: | VISA, mastercard, BPAY, fasapay, leader payment system, M-pesa, OKPAY, paxum , payanyway, payeer, perfectmoney, qiwi, self service terminals system (SSTS), skrill, SWIFT, walletone |
available withdrawal methods: | VISA, mastercard, fasapay, local exchangers, M-pesa, OKPAY, paxum , payeer, payza, perfectmoney, qiwi, skrill, SWIFT |
minimum deposit: | 1 USD |
min. Trade in lots: | 0.01 |
spreads: | typical spread on the currency pair EUR/USD - 0,5 pips * on standard account type |
tradable assets: |
The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.
For instance, in the european union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in australia and possibly in other jurisdictions.
Templerfx fees (typical spreads)
We have scanned fees (typical spreads) that templerfx charges when trading popular currency pairs, here is their breakdown in pips.
*typical spreads were recorded on 17.01.2020 at 21:28 for the standard account. Templerfx spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: HBG, BICFX, no1option and xopenhub
Frequently asked questions
is templerfx a scam?
In accordance with our research, templerfx is an offshore unregulated broker. This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker. In order to be sure that templerfx is not a scam, read our trader reviews and check other popular trading related websites and forums.
what is the templerfx minimum deposit?
In order to start trading with templerfx, you have to deposit at least 1 USD.
what deposit and withdrawal methods templerfx supports?
⚖️ would you recommend me choosing templerfx?
We don’t have our own personal experience with templerfx. However, because it is a broker that in accordance with our research lacks any regulation, we would be quite sceptical if we were to trade with such a provider. While there is a decent chance that templerfx is not a scam, there is no reason to take the risk of trading trade with an unregulated broker, especially when considering there are hundreds of brokers regulated in the EU, australia, africa and the USA offering similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.
¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.
Templerfx review - is templerfx.Com scam or good forex broker?
RECOMMENDED FOREX BROKERS
Trading accounts and conditions
Account type | minimum deposit | minimum trade size | maximum leverage | average spreads |
universal | $25 | 0.01 lot | 1:1000 | 0.1 pips |
muslim | $25 | 0.01 lot | 1:1000 | 1 pips |
Templerfx is an offshore forex and CFD broker that also offers trading in binary options. There are two types of live trading account, plus a free demo account.
The company. Security of funds.
Company | country | regulation |
templer holdings management limited | SVG | FSA SVG |
Templerfx is yet another of the hundreds offshore brokers with a flimsy regulation. This time it is provided by the financial services authority (FSA) of saint vincent and the grenadines, but generally it does not mean the broker is reliable and provides proper client protection.
More often than not, those brokers are a scam defrauding clients out of their money, so it is best to avoid dealing with them. There are proper and reliable brokers, particularly the ones regulated by UK’s FCA or the australian securities and investment commission (ASIC), who offer good trading conditions and are much safer to deal with.
Trading platform
Not surprisingly, templerfx offers the most popular trading platform metatrader 4 (MT4) – for computers, mobile devices and web browsers.
MT4 is the most frequently offered trading platform and is popular both among brokers and traders. It is stable and reliable, has many functions, offers API connectivity, supports PAMM and MAMM functionality and has a wide selection of technical analysis and charting tools. It is also user-friendly and supports expert advisors and automated trading.
Promotions
Templerfx has several types of promotions. There are bonuses of 5, 10 and 15%, as well as a no deposit bonus, a loyalty program and a 100% bonus. All of the promotions and bonuses are subject to additional conditions.
Methods of payment
Templerfx has an extensive list of payment options. In addition to the standard bank transfer and debit/credit cards, the broker also processes deposits and withdrawals via the following platforms: skrill, contact, leader, perfect money, fasapay, yandex money, okpay, qiwi wallet, paxum, bpay, sberbank, alfa click and self service terminals via walletone.
Conclusion
Templerfx is an offshore broker. Judging by the language versions of its site, it is mostly targeting russian- and chinese-speaking clients, as well as indonesians.
It appears that the broker has been in business for a while and there haven’t been many complaints against it. On the contrary, there is mostly praise, but we are all too aware that comments on the internet can be bought a dozen for a dime, so we don’t raise our hopes too high.
Either way, as always, we strongly advise our readers to avoid dealing with offshore brokers with dubious regulation like templerfx. We are not explicitly saying it is a dubious broker, but everyone should keep in mind that the offshore regulators are not very reliable and do not offer much client protection.
Pros | cons |
low initial deposit | offshore |
high leverage |
Latest news about templerfx
FXTM a regulated forex broker (regulated by cysec, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
Fxpro is a broker we are particularly keen on: it’s regulated in the UK, offers metatrader 4 (MT4) and ctrader – where the spreads start at 0 pips, level II pricing and full market depth. And the best part? With fxpro you get negative balance protection.
Fxchoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
Hotforex is a EU regulated broker, offering wide variety of trading accounts, including auto, social and zero spread accounts. The minimum intial deposit for a micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.
Templerfx review
Minimum deposit
Bonus
Maximum leverage
Year founded
Regulation
Trading platform
The reputation of this broker is doubtful!
We do not trust this broker and do not recommend it to you.
The point of the templerfx review you are about to read is to do what we can to protect you from the scams that fill up the forex trading industry. We are a dedicated informational tool that does its best to help out the traders and to protect them from seemingly great opportunities that turn out to be scams. Sometimes this purpose is a little harder to fulfil than at other times. Yet we have never before had an easier time determining that a brokerage firm is a scam. The discussion we are going to go through right now is also here to help you identify any scam you might come across in the future. Learn, stay informed and you should be protected from any of them in the future. Alternatively, you could always rely on us to help you out.
Templerfx scam or not?
If you have ever tried to do in-depth research on a topic, you know that one of the biggest mistakes you can make is considered only what is on the surface. We all wish that we had been taught this lesson a little earlier in our lives. Thankfully, our team gets paid to know this lesson. Which is why we know not to trust templerfx from just what is on the surface. Though everything that is on the surface looks to be not entirely suspicious. Then again, not entirely is not our style. But before we dive, let us take a closer look at what templerfx has to offer at first glance.
The trademark templerfx seems to be registered to a company called templer holdings management limited. This company is licensed to perform financial trading by the financial services authority (abbreviated as FSA) of saint vincent and grenadines. This is a small country encompassing a number of islands located in the carribean sea. The license number listed on their website is 23395. Another license number provided is from the financial service provider commission and is FSP16410. So far so good.
At this point in the review, everything seems to be alright with the company. But as we said, we have to look beyond what is easily visible.
Templerfx reviews, or their absence
The first thing we tried while writing the templerfx was looking up other reviews. What we came up with was, well, almost nothing. Barely anyone who has worked with the company has done any review of it. While this might seem like not that big a problem for some people, it is what tingled our spidey scam senses. A company that has existed for more than a year will usually have at least a handful of reviews, both positive and negative, from their userbase. Templerfx has barely one or two and even those are not from any recognizable user. Why is this?
It could be because templerfx is not being used that much, or because the company is suppressing any kind of reviews that might tarnish its seemingly spotless reputation. We are not sure which it might be, but one thing is for sure – if there is no one but the company telling you that they exist and that they are good, then the company is probably not that good and only exists to themselves. So our suggestion would be to avoid this company unless you have a trustworthy source regarding how it works. And if such a source exists, please direct them to our comments section, so we too can know more about how this company works.
We would also like to discourage you from attempting to figure it out on your own. Why would you want to be the first person to be scammed and then have to tell us that you were scammed? Instead, you could take your money and work with a different brokerage firm.
An old company, a recent registration
According to the information provided on their website, templerfx was founded more than a decade ago, as we mentioned before. W also mentioned we have a problem with a lack of reviews for such an old company. Though after a closer look at the PDF attached to their website, we realized what was going on. The templerfx scam only registered with the financial services authority of saint vincent and grenadines only in 2016. We are upgrading to calling it a scam already because it is baffling to us why a company would so blatantly lie about its origins and about its date of founding. It is a bad way of garnering trust from potential users, especially since a better way of earning trust would be, to be honest about the company’s origins. Which they weren’t. Which drives us to call them a scam.
The FSA
Which brings us to another point we would like to make. There are a number of financial regulators around the world. The top 5 most trustworthy of them are definitely some of the most reliable organizations around the world. The rest can be trustworthy as well. The FSA is one of these regulators and is not necessarily untrustworthy on its own, but is definitely not part of the top 5 regulators around the world. It is often seen that endeavour such as the templerfx scam or offshore brokers tends to register with organizations like the FSA. Why? Because it is easy, it is cheap and because the FSA is unlikely to leave their island to double check claims. It is also very expensive to fly to the island where the regulator exists (around $1000 dollars, depending on the time of the year) to produce a claim against a scam company such as templerfx. Which provides both the company and the regulator with an incentive to collaborate.
The FSA database
Something else that we have noticed seems like a rather harsh violation of trade rights. The FSA does this through its treatment of templerfx inside its database. To be more specific about the treatment, there is none. This is because the templerfx scam is not registered in their database as a client and thus no complaints can be lodged against them. A sign of a dangerous collaboration between regulator and scam. Such things do not happen with reliable regulators that take care of their client brokerage firms and the traders.
Conclusion
We are firm believers in giving a company a chance. We would have been more than alright with giving templer FX a chance. Fortunately, the company failed at hiding the true nature of their collaboration with the regulator and the fact that they are a scam. We hope that in providing you with a templerfx review we have shown you another way how to identify potential scams and given you a good enough warning about working with such companies. Always look deeper than the surface!
If you have worked with templerfx and have either a positive or a negative experience, we would like to hear about it. Please go below and leave a review of the company, help us build awareness of brokerage scams such as this.
The reputation of this broker is doubtful!
We do not trust this broker and do not recommend it to you.
So, let's see, what we have: templerfx minimum deposit HOW TO GET A NO DEPOSIT BONUS? You want to trade FX and you are afraid to lose your money? Open a trading account and get the most attractive bonus, no deposit at templerfx minimum deposit
Contents of the article
- Free forex bonuses
- Templerfx minimum deposit
- Templerfx review - is templerfx.Com scam or good...
- RECOMMENDED FOREX BROKERS
- Trading accounts and conditions
- The company. Security of funds.
- Trading platform
- Promotions
- Methods of payment
- Conclusion
- Latest news about templerfx
- Forex minimum deposit
- Trading with a small deposit
- Templerfx review – is it a scam or legit broker...
- Basic information from this templerfx review
- Templerfx fees (typical spreads)
- Frequently asked questions
- is templerfx a scam?
- what is the templerfx minimum deposit?
- what deposit and withdrawal methods templerfx...
- ⚖️ would you recommend me choosing templerfx?
- Templerfx – 30$ no deposit bonus
- Templerfx
- What’s new?
- Meefx – welcome bonus 5 USD
- Instaforex – one million option
- MFM securities – matador contest
- Forex4you – trading hero contest
- Justforex – 2021 trading contest
- LEAVE A REPLY cancel reply
- Templerfx review
- Templerfx scam or not?
- Templerfx reviews, or their absence
- An old company, a recent registration
- Conclusion
- Templerfx review – the most detailed review for...
- Can you trust templerfx with your money?
- Templerfx benefits to kenyans
- Templerfx review – is it a scam or legit broker...
- Basic information from this templerfx review
- Templerfx fees (typical spreads)
- Frequently asked questions
- is templerfx a scam?
- what is the templerfx minimum deposit?
- what deposit and withdrawal methods templerfx...
- ⚖️ would you recommend me choosing templerfx?
- Templerfx review - is templerfx.Com scam or good...
- RECOMMENDED FOREX BROKERS
- Trading accounts and conditions
- The company. Security of funds.
- Trading platform
- Promotions
- Methods of payment
- Conclusion
- Latest news about templerfx
- Templerfx review
- Templerfx scam or not?
- Templerfx reviews, or their absence
- An old company, a recent registration
- Conclusion
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.