Tallinex offers its customers a choice of two basic types of accounts, Micro & Pro. Designed for beginners, the Micro report is free of commissions and offers micro parts for trading and high leverage, reaching 1: 1000. Spreads, however, are not attractive on the forex market.
What's more, Tallinex provides Pro-Managed PAMM accounts - a service of interaction between professional traders and investors. They want to entrust their money to management by professionals.
Tallinex is an ECN / STP broker offering trade in around 50 currency pairs, precious metals and popular CFDs on the most popular MT4 platform.
Tallinex Limited operates as Tallinex. It started in 2012 in Estonia and currently serves under St Vincent and the Grenadines. International business companies based on SVG provide financial services. It is under the local financial regulation regime, which is one of the most liberal. The registration procedure is easy and less expensive, which is why this Caribbean island is an excellent jurisdiction for forex.
Therefore, if you are planning to invest a significant amount of money, we advise you to choose from regulated brokers in Australia, Switzerland or other jurisdictions. Here, the relevant financial supervisory authorities are in a state of readiness, and your money will be safe.
We do not suggest, however, that Tallinex is a scam. It is a very reputable broker, especially popular with American traders. It is one of the few companies that accept American customers and allows them to trade without restrictions that apply to their jurisdictions.