Taurex Broker Review 2025

Taurex provides access to leverage up to 1:1000 with a margin call level of 100%. Also, the stop out level is at 30%. The company has received a 4.6/5 evaluation score on the Trustpilot platform, with more than 160 reviews and +80% 5-star ratings.

The broker supports multiple base currencies, including USD, EUR, and GBP, with minimum deposits starting from $100 for the Standard Zero account. Taurex provides traders with access to over 1,500 tradable instruments.

Company Information & Regulation

Taurex is a relatively young CFD and Forex broker headquartered in Seychelles. Founded in 2017 by Nick Cooke, this broker operates by two entities:

• Zenfinex Global Limited in Seychelles:
  • Regulated by the Financial Services Authority in Seychelles under the license number SD092
  • Registered at F20, 1st Floor, Eden Plaza, Eden Island, Seychelles
  • Physically located at Unit G, F28 Eden Plaza, Eden Island, Republic of Seychelles
• Zenfinex Limited in the United Kingdom:
  • Registered in England and Wales under the number 11077380
  • Regulated by the Financial Conduct Authority under firm reference number 816055
  • Headquartered at 4th Floor, 4 Eastcheap, London, EC3M 1AE, United Kingdom

The license from FCA, a tier-1 financial authority, confirms that Taurex provides enhanced security through:

• $1 million insurance coverage per client
• Segregation of client funds from operational capital
• Negative balance protection
• State-of-the-art encryption and firewall systems
• Ongoing monitoring for cyber threats and vulnerabilities

This layered approach reinforces Taurex’s legitimacy and helps build trust for both beginner and institutional traders.

Here is an overview of the regulatory information of Taurex:

What Are The Main Specifics?

Before we dive deeper into the details, let's take a quick look at some of the key features and specifications of the broker's services and structure:

Account Types Overview

Taurex offers three distinct account types, the main differences being in terms of spreads and commissions, which will be discussed later in the article. Let's have a glance at all the accounts in a table:

All account types provide access to the broker's full range of trading instruments and platforms, with ECN execution on forex symbols. Also, there's an Islamic and a demo account for swap-free trading and practicing with virtual funds, respectively.

Significant Benefits and Critical Drawbacks

As with any broker, Taurex has its strengths and potential drawbacks. Let's examine the pros and cons to help you get a more clear picture of the brokerage:

How to Create an Account and Verify Identity

The Taurex registration is a quick 3-step process that grants immediate access to the platform's trading dashboard. Users need to provide identity, location, and financial details, then confirm their email using a unique 3-digit code.

No phone verification is required at this stage, making the process fast and straightforward.

#1 Start the Registration

Go to the official Taurex website and click on “Open Account”. This will take you to the sign-up form.

#2 Fill in Basic Account Details

Select your account type, then enter the following information:

• Full name
• Email address
• Password
• Country of residence
• Preferred currency
• Mobile number

Agree to the terms and click “Register Now”.

#3 Complete Your Profile and Verify Email

In the dashboard, re-enter your personal details and the following information:

• Nationality
• Tax country
• Employment status
• Financial profile

Then request a 3-digit verification code via email. Enter the code and click "Submit" to activate your account.

#4 Proceed with the KYC Procedure

Navigate to the Taurex verification menu through the client area and upload supporting documents, including:

• Proof of Identity: Passport or Driver's license
• Proof of Address: Utility bill or Bank statement

Trading Platforms and Terminals

The discussed broker offers a range of advanced trading platforms, including trading tools, technical indicators, etc., to suit different trader preferences and needs.

It provides access to 2 of the most popular terminals in the industry: MetaTrader 4 & MetaTrader 5. Also, aproprietary platform is offered for trading on mobile devices.

You can download and install the mentioned apps on these operating systems:

• MT4:
  
  • MT4 Android
  • MT4 iOS
• MT5:
  
  • MT5 Android
  • MT5 iOS
• Taurex App:
  • Taurex Android
  • Taurex iOS

Additionally, Taurex offers a proprietary web-based platform that integrates advanced tools such as a trading calculator, live news feed, and economic calendar ideal for both manual and algorithmic strategies.

TradingFinder has developed a wide range of MT4 and MT5 indicators that you can use for free.

What is the Commission and Spread Structure?

Taurex is known for its competitive pricing structure, with spreads and commissions varying based on the account type. You can see the numbers for each account in the table below:

Overall, trading fees are low and affordable compared to some of the competitors. Regarding non-trading commissions, there are no costs in funding and withdrawals. Also, no inactivity fees are applied to accounts.

Taurex Swap Fees

Traders using MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms can access current swap rates for any instrument by following these steps:

1. Open the “View” menu;
2. Right-click on “Market Watch” and select “Symbols”;
3. Pick the desired currency pair and choose “Properties” (MT4) or “Specification” (MT5) to see the swap information.

It is important to note that swap-free periods and posted swap rates are indicative and may fluctuate according to market conditions. Taurex retains the discretion to modify eligibility criteria, fee structures, and applicable durations without prior notification.

Additionally, a triple swap charge is usually applied on Wednesdays to account for weekend settlement, ensuring that open trading positions carry the appropriate cost while markets are closed.

Taurex Non-Trading Fees

Clients can fund their Taurex accounts without incurring any fees from the broker. Deposits are processed without hidden charges, providing a straightforward and transparent experience.

Note that any fees applied by banks or resulting from currency conversion are the responsibility of the client.

Withdrawal fees depend on factors such as the amount, method, and currency chosen. To determine the exact fee for a specific withdrawal, traders should consult the Taurex Payment Policy and Terms and Conditions on the Legal Page or contact the support team directly.

While the fee is not displayed before confirming the withdrawal request, it becomes visible once the transaction is processed.

Accounts with no trading or deposit activity for 90 consecutive calendar days are classified as inactive. Following notification of inactivity, Taurex may apply a monthly inactivity fee ofUSD 20 at the end of each calendar month.

Deposit & Withdrawal Methods

The broker offers a variety of payment options to accommodate traders from different regions with various limitations. Taurex deposit & withdrawal methods:

• Bank Transfers: Via bank accounts
• Credit/Debit Cards: Visa and Mastercard accepted for USD, EUR, and GBP
• E-wallets: Skrill and Neteller for fast and convenient transactions
• Cryptocurrencies: Bitcoin, Ethereum, and USDC

Deposits are generally processed instantly, while withdrawals can take up to 24 hours for e-wallets and cryptocurrencies and up to 3 business days for bank transfers.

All payment channels are SSL-encrypted for secure transactions. The minimum withdrawal amount is $50.

Taurex Deposit

Multiple deposit methods are available to accommodate different preferences, including bank transfers, debit and credit cards, e-wallets such as Skrill and Neteller, cryptocurrencies, and mobile payment solutions like Apple Pay and Google Pay.

Each method is structured to process funds quickly while ensuring compliance with anti-money laundering regulations, providing a seamless experience for traders across the globe.

Processing times and accepted currencies vary depending on the chosen method. Instant deposits are available through most e-wallets, card payments, and cryptocurrencies, while bank wire transfers may take up to three business days.

Here are the details of each deposit method:

Taurex TRC20 Deposit

The Taurex TRC20 deposit allows traders to fund their accounts quickly and securely using the TRC20 blockchain network, primarily with USDT (Tether).

This streamlined process involves three main steps: accessing the payment section on the Taurex dashboard, selecting USD as the wallet currency, entering the desired amount, choosing USDT as the transaction currency, and specifying TRC20 as the network.

A unique wallet address and QR code are then generated to complete the transfer directly from the trader’s crypto wallet.

Once the payment is sent, users can monitor the transaction status through the “My Wallet” section and the “Transaction History” tab on the platform.

The TRC20 method provides a fast, economical, and transparent way to deposit funds, with transactions typically completing within minutes and without additional fees, making it a convenient option for funding trading accounts at Taurex.

Taurex Withdrawal

Taurex supports multiple withdrawal options, including bank wires, debit and credit cards, e-wallets like Skrill and Neteller, cryptocurrencies, and mobile payment solutions such as Apple Pay and Google Pay.

Each method is designed to provide timely access to your funds while maintaining strict security standards.

Processing times and conditions vary by method. Most e-wallet and crypto withdrawals are processed instantly, whereas bank wire transfers can take up to three business days.

Let’s check out the details of each withdrawal methods:

Taurex TRC20 Withdrawal

The Taurex TRC20 withdrawal provides a secure and efficient way for traders to cash out funds via the Tron (TRC20) network, primarily using USDT (Tether).

For first-time withdrawals, users must add and verify their TRC20 wallet on the Taurex dashboard by entering the wallet owner’s details, selecting the Tron network, and confirming the wallet status from “Pending” to “Valid.”

Once the wallet is verified, traders can initiate withdrawal requests by specifying the payout amount and selecting the validated wallet as the destination.

After submitting a withdrawal request, the transaction can be monitored in the “My Wallet” section under the Transaction History tab.

This method ensures a fast, cost-effective, and transparent payout process, allowing traders to track the status of their funds until the transaction is completed securely.

Are There Copy Trading & Investment Options On Taurex Broker?

The brokerage offers copy trading and investment options to provide ways of earning passive income in addition to taking profits from trading. Here's an overview:

• Copy Trading: Allows traders to automatically and passively copy the trades of successful signal providers;
• PAMM (Percent Allocation Management Module): Enables investors to allocate funds to professional money managers.

These features make the mentioned broker an attractive option for those seeking passive investments.

Tradable Markets and Available Symbols

Taurex offers a long list of tradable instruments across multiple asset categories, including:

With over 1,500 tradable instruments, the broker provides ample opportunities for diversification and trading across different markets.

Bonus Programs And Promotional Offers

Usually, brokerages with stringent regulatory bodies do not provide bonuses because of tight regulations. It goes the same for Taurex. Based on our investigations, there are not currently any promotions offered by the broker.

Always check the website and other official sources for any changes regarding this matter.

Taurex Awards

Taurex has been recognized within the forex industry for its platform and services.

At Forex Expo Dubai 2025, the broker received the “Best Forex Investment Platform” award, reflecting its focus on providing structured trading tools, analytical insights, and strategic solutions for traders.

This recognition highlights developments such as the Taurex mobile app, Trading Bull-powered analytics, and the upcoming Taurex 2.0 platform enhancements.

In addition, Taurex was honored as the “Best Liquidity Aggregator” at the Forex Traders Summit 2025, acknowledging its provision of deep liquidity, efficient trade execution, and a reliable trading environment for clients across all experience levels.

TheseTaurex awards underscore the broker’s ongoing commitment to delivering robust, user-focused trading infrastructure.

Support Contact Options and Open Hours

The brokerage prides itself on providing responsive and multilingual customer support. Traders can reach out through various channels:

• Live Chat: On the website and Taurex WhatsApp
• Email: Support@taurex.com
• Phone: Regional phone numbers available for LATAM, Mexico, MENA, and Africa
• Ticket System: Submit detailed queries through the "Contact" page

There's no 24/7 support available, and the team operates 24/5.

Restricted Countries and Regions

While the company serves clients from many countries worldwide, there are some restrictions due to regulatory requirements. The list of banned countries include, but is not limited to:

• United States
• Canada
• Japan
• North Korea
• Iran
• Belgium

This list might change at any time without prior notice. Therefore, check the website or contact their support to check your eligibility.

Trust Scores & Reviews on Reliable Platforms

Taurex has obtained mostly positive reviews from the trading community on relevant websites, including Trustpilot and ForexPeaceArmy. We will provide more details in the list below:

• Taurex Trustpilot: 4.6 out of 5, based on +160 reviews, more than 80% of ratings are 5-star
• ForexPeaceArmy: 1/5 with only 3 scores

Obviously, the trust score submitted on FPA is not reliable because the number of reviews is too low. With that in mind, the broker is a trustworthy choice based on the scores.

Does Taurex Provide Vast Educational Materials?

The broker offers a range of educational resources to help its clients improve their trading skills and achieve more profits:

• Video tutorials covering platform usage and trading strategies
• Webinars hosted by experienced traders and market analysts
• One-hour consultation with a team member regarding the broker's trading platforms, tools, and more
• Market insights, news, technical analysis, and updates on select assets
• Premium subscription for exclusive insights and more advanced trading analysis

Also, an FAQ page is provided for answering questions about the company's offerings and services. An optional email newsletter keeps clients updated on major market moves and trading opportunities.

You can also check TradingFinder's Forex education section for additional resources.

Taurex Comparison with Other Brokers

The table below compares Taurex features and services with other popular brokers:

Conclusion And Final Words

Taurex offers 3 account types [Standard Zero, Pro Zero, Raw], with the third one offering zero-spread trading to the clients. The minimum deposit is $100 on the Standard Zero account. It increases to $500 for the other 2 accounts.