Robert J. Williams
Reviewed by:
Sikirty Chatterjee
USP: FCA (UK) & SCA (UAE) Regulated | Tight Spreads | MT4/MT5 Trading Platforms
Taurex is the trading name of Zenfinex Global Limited, a Seychelles-based brokerage that has rapidly expanded its global footprint. It operates under licenses from the UK’s Financial Conduct Authority (FCA) and the UAE’s Securities & Commodities Authority (SCA), in addition to its Seychelles FSA registration. The broker offers 1,500+ financial instruments (Forex, metals, indices, shares, commodities, and cryptos) on leading platforms. In early 2025 Taurex enhanced client security by introducing a $1 million insurance fund to protect customer deposits. Its mission is “to empower individuals to reach financial success by delivering premium service and pushing the boundaries of finance through innovation”, and it positions itself as a multi-regulated, multi-asset broker with professional-grade tools. Taurex serves a global clientele (excluding restricted countries) and emphasizes competitive pricing, robust infrastructure, and extensive market access.
Founded as part of the Zenfinex group, Taurex has quickly climbed the ranks in online trading. It continuously expands its regulatory status (recently securing an SCA Category-5 license in Dubai) and product offerings. The company has attracted thousands of clients worldwide by combining low-cost trading (including zero-commission and raw spread accounts) with high-end services. Key milestones include achieving FCA regulation for its UK arm, launching proprietary tools like its mobile trading app, and enhancing fund safety with segregated accounts and insurance. Overall, Taurex presents itself as a modern, well-capitalized broker focused on technology and client trust.
Taurex maintains a robust regulatory framework. Its UK entity (Taurex Limited) is FCA-regulated (a Tier-1 regulator), offering the strongest level of customer protection (segregated client money rules and potential FSCS coverage up to £85,000 for eligible UK clients). The UAE arm holds a Category-5 license from the SCA (Tier-2), which implies strict oversight on broker operations in the Middle East. The Seychelles entity operates under the FSA (SD092), which is a Tier-3 license – adequate but less stringent than FCA/SCA. In practice, this means UK and UAE clients enjoy top-tier safeguards, while Seychelles-regulated clients get basic protections. Taurex’s multi-license status generally inspires trust: UK/UAE regulation implies rigorous auditing and capital requirements, whereas the offshore license allows global reach. The broker’s risk management and client-protection policies reflect this: Taurex keeps all client funds segregated in top-tier banks and has introduced a $1,000,000 insurance coverage for client accounts. This combination of segregation, insurance, and licensed oversight ensures a high degree of fund safety.
✅ Instruments: Forex, Metals, Shares, Commodities, Indices, Cryptocurrencies.
✅ Spreads: From 0.0 pips on Raw accounts (Standard Zero ~1.4 pips).
✅ Commission: $0 on Standard/Pro accounts; up to $2.0 per side on Raw/VIP accounts.
✅ Leverage: Up to 1:2000 (varies by instrument and account).
Instruments: Taurex offers a diverse asset set. Clients can trade over 1,500 CFDs across all major markets. This includes 60+ currency pairs (majors, minors, exotics), global stock indices (e.g. S&P 500, FTSE 100, DAX), commodities (oil, natural gas, agricultural products), precious metals (gold, silver, etc.), as well as equities and ETF CFDs. Cryptocurrencies (Bitcoin, Ethereum, etc.) are also available on dedicated crypto CFDs. This breadth allows traders to build diversified portfolios and hedge across different markets, all accessible on the supported platforms.
Spreads: Taurex uses variable (floating) spreads. The Raw ECN account offers ultra-tight spreads from 0.0 pips (USD/JPY often at 0.0 even with commission). The standard account has wider spreads (EUR/USD around 1.4 pips). Pro accounts fall in between. Floating spreads are market-derived, so they can widen during volatile news, but Taurex maintains very competitive pricing at all times. European overnight swap rates and market conditions can affect spreads slightly. In all cases, clients get real-time live data via the chosen trading platform.
Commission: Standard Zero and Pro Zero accounts are commission-free; their costs are built into the spreads. The Raw/VIP account charges a small fixed commission (up to $2.0 per side) in exchange for the raw spread benefit. This structure favors traders who trade large volumes or use scalping strategies. The commission is transparent and clearly displayed when placing trades. There are no hidden fees per trade beyond these stated commissions.
Leverage: Taurex provides high leverage (up to 1:2000) for Forex major pairs on ECN accounts. This is well above the industry standard (usually 1:500). While higher leverage enables larger positions on smaller margin, it also amplifies risk. Margin requirements adjust per instrument class (e.g., lower leverage for stocks/crypto). Retail customers should use leverage responsibly – Taurex enforces stop-out margins to protect against extreme losses (stop-out at 20% equity). The high leverage is a tool for experienced traders who carefully manage risk.
| Account Type | Min Deposit | Spread | Commission | Platforms |
|---|---|---|---|---|
| Standard Zero | $10 | From 1.4 pips | $0 | MT4, MT5 |
| Pro Zero | $500 | From 1.0 pip | $0 | MT4, MT5 |
| Raw | $500 | From 0.0 pips | Up to $2.0/side | cTrader (MT5/MT4) |
Each account level targets different traders. The Standard Zero (min $10) is entry-level with zero commission and slightly wider spreads. The Pro Zero (min $500) also has no commission but tighter spreads (~1 pip). The Raw account (min $500) features true ECN pricing: spreads from 0.0 pips plus a small commission up to $2 per side. All accounts grant access to the same suite of instruments and trading platforms (MT4/MT5), though advanced traders often use the Raw ECN via cTrader for fastest execution.
Special Features:
This process is straightforward, especially for new traders. Taurex’s client portal and guides make registration and funding intuitive. Once funds are available, trading is as simple as a few clicks on MT4/5 or the Taurex app. Beginners will appreciate the demo mode to practice first, and the integrated analysis tools help ease the learning curve.
“Ideal for active Forex/CFD traders seeking a highly regulated broker with raw spreads, advanced MT4/MT5 platforms, and strong fund protection.”
Avoid If: You need fixed spreads or are located in a restricted country (U.S., Canada, etc.). Also avoid if you prefer brokers with exclusively local banking options or simpler (no-commission) pricing across all accounts.
Bottom Line: Taurex delivers a competitive, professional trading environment. Its multi-jurisdictional regulation (FCA, SCA, FSA) and client fund safety measures (segregation + $1M insurance) set it apart from many offshore competitors. The low-cost pricing (0.0-pip spreads on Raw accounts) and support for leading platforms make it well-suited for scalpers, swing traders, and algorithmic traders. We recommend Taurex for experienced traders who value tight execution and regulation. Novices will benefit from the educational resources, but should be aware of the broker’s high leverage and the fact that it’s unavailable in certain regions. Overall, Taurex’s strong security, broad asset range, and transparent costs make it a top choice in the competitive Forex/CFD space.
2025 BROKERINSPECT
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