Coining a no-nonsense approach, the brand-new broker has officially opened its doors for trading, having already acquired ample data indicating that FX traders are thirsty for low-cost trading and zero commissions.
With more than 10,000 sign-ups to its subscription packages in less than two weeks – and before the doors had even opened to trading – TIOmarkets is tipped to be one of the biggest brokerages in the industry.
Its fresh, unique service is centred around an impressive line-up of innovative subscription packages that deliver ultra-low-cost trading for a small monthly fee. Conservative estimates state that the first 10,000 sign-ups could save up to $12 million USD in trading fees (using an average of 9 USD commission per round trip and average trading volume data).
Readers of this prestigious publication are wondering what the catch is. How many other brokers offer a subscription package in return for 0 commissions, 0 spreads and no hidden charges?
How many other brokers offer the chance to get your money back on trades gone wrong, or give you 50% of your initial deposit back? It seems there are none.
The strategic model of TIOmarkets is simple – offer the best possible service at the lowest possible cost in order to increase customer lifetime value.
Head of Business Development Terence Tan comments on how the company plans to balance its fun, tongue-in-cheek communicative style, with its commitment to financial consumers: “Our services boil down to this: FX and crypto traders can trade in a secure and heavily regulated trading environment in an innovative, transparent and supported way. When we came onto the scene and made our presence felt starting April 1st with our April Fools’ campaign – we clearly stated that financial consumers must do their due diligence when selecting a brokerage. Our message stays consistently the same. Be aware and do your due diligence. Know where your funds are going. Do your research.”
An entirely new model of brokerage
Customers familiar with STP and market making models will be interested to see the that is being utilised by TIOmarkets. The company has pledged to put 50% of its profit into the pool on a daily basis, allowing members of the pool (TIOx holders – the native token of the trade.io Exchange) to directly share in the company’s success.
Such a model serves to reinforce transparency and trust in an industry which has been marred by bad actors in recent times.
There’s no better time to sign up.
CMO of TIOmarkets Helen Astaniou: “TIOmarkets has been a dream to market, because our products and services speak for themselves. Despite the industry being heavily saturated, it’s a challenge to find another broker who can trump our low-cost yet ethical trading offerings. We’re proud to be opening our doors today and particularly look forward to proving over time that our actions are as good as our words.”
Happy trading!
Now that the company is alive and kicking, signing up now gives traders with one month of zero-cost trading of their best package, the VIP Black. The markets are waiting for you. Remember, the best things in life are free. But not if you don’t sign up now. Off you go to .
TIOmarkets’ exclusive offer lasts for 30 days from the day you sign up.
Risk disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lost money when trading CFDs with this provider in the past 12 months. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit.
The content of this article is sponsored and does not represent the opinions of Finance Magnates.
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