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Taurex — where it wins, where it loses

Taurex does not currently take a column outright against this field. It loses on published spread. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.

n/vCost per 10 lots — not confirmed, so not compared
n/vEUR/USD figure the comparison is priced from
1Tier-1 entries of 5 licence rows
n/vMinimum to open, where the broker states one

Column by column

The split

Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.

Wins on

No column where Taurex takes the field outright.

Loses on

  • published spread

Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.

Licensing

Which entity, which regulator, which number

Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.

Taurex — licence rows on file
RegulatorNumberJurisdictionTierEntityRead from
FCA816055United KingdomTier 1Taurex Limitedregister.fca.org.uk
FSA SeychellesSD092SeychellesTier 3Taurex Global Limitedtradetaurex.com
Capital Market Authority (CMA) UAE, formerly SCA20200000224 (Category 5: arrangement and advice)United Arab EmiratesTier 2Taurex (UAE entity)tradetaurex.com
Bank of Sierra LeoneBSL/SAL/2023Sierra LeoneTier 3Stochastic Africa (SL) Limited, trading as Zenfinex Africatradetaurex.com
None (SVG FSA company registration only)138 LLC 2019Saint Vincent and the GrenadinesTier 3Zenfinex Global LLCtradetaurex.com

Checkable

Facts the comparison runs on

On the record

  • Taurex Limited (England and Wales company 11077380) is authorised and regulated by the Financial Conduct Authority under firm reference number 816055, with a registered office at 4 Eastcheap, London.
  • Taurex Global Limited is registered in Seychelles under number 8428731-1 and holds Seychelles FSA securities dealer licence SD092.
  • The Taurex brand grew out of Zenfinex; the group still lists Zenfinex Global LLC, registered in Saint Vincent and the Grenadines under number 138 LLC 2019.
  • The Saint Vincent and the Grenadines FSA does not regulate forex or CFD trading, so the SVG registration is a company registration rather than a trading licence.
  • The group's UAE entity holds Capital Market Authority Category 5 licence 20200000224 and is not authorised to hold client money or client assets.
Comparison inputs
Trading sincenot verified
BaseLondon, United Kingdom
Minimum to opennot verified
Leverage cap
EUR/USDnot verified
TerminalsMT4, MT5, TradingView
Account tiers
Record confidencehigh
Matchup-readyno — too many gaps to run a fair head-to-head

Excluded from the maths

Not verified

Not verified

These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:

  • founding year
  • minimum deposit
  • maximum leverage
  • EUR/USD spread
  • account types
  • segregated funds
  • negative balance protection

Costs less

Who beats Taurex on price

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.