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Trading CFDs and forex carries significant risk of loss and is not suitable for all investors. Past performance is not indicative of future results.

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TD Markets logo
Forex
Licensed

TD Markets Review

4.2
AI Score
84%
User Score
N/A
Complaints
...

Last updated: 13 April 2026

Visit TD Markets

Rating Breakdown

Trading Conditions4.5/5
Platform & Tools4.0/5
Regulation & Safety4.8/5
Customer Support3.8/5
Costs & Fees4.1/5
Overall Average
4.2/5

Rating Justification

TD Markets is a forex broker regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, which provides a layer of safety and credibility (source: official website). User reviews on platforms like Trustpilot and ForexPeaceArmy reflect satisfaction with their trading platforms and competitive spreads. However, there are some complaints about the limited hours of customer support and occasional withdrawal delays (source: Trustpilot). Additionally, discussions on Reddit highlight the broker's limited regulatory coverage beyond South Africa and the absence of cryptocurrency trading options, which can be a drawback for some traders (source: Reddit). Despite these issues, TD Markets offers a diverse range of trading instruments and quality educational resources, which cater well to both novice and experienced traders.

Pros & Cons

Pros
  • Regulated by FSCA
  • User-friendly trading platforms
  • Competitive spreads
  • Diverse range of trading instruments
  • Good educational resources
Cons
  • Limited customer support hours
  • Withdrawal delays reported
  • Limited regulatory coverage
  • Mixed user reviews
  • No cryptocurrency trading
$0.03

Min Deposit

Minimum to open an account

1:2000

Max Leverage

Maximum leverage available

Multi Platform

Platforms

MT5, MT4

Multi Licensed

Licenses

FSCA (FSP 49128), CASP (FSP49128)

About TD Markets

TD Markets (TDM) is a multi-award-winning broker offering access to forex, indices, commodities, shares, and crypto through MT4 and MT5. Traders benefit from competitive spreads, fast execution, flexible account types, and strong educational support — all backed by a broker trusted across Africa.

Headquarters
South Africa
Primary Regulator
FSCA

Account Types

TDM Pro

Min Deposit$1000
Spreads0.1 pips
LeverageUp to 1:500

TDM Gold

Min Deposit$50
Spreads1.8 pips (variable)
LeverageUp to 1:2000 (equity dependent)

TDM Mini

Min Deposit$50
SpreadsRaw spreads
LeverageUp to 1:500

TDM Islamic

Min Deposit$50
Spreads1.8 pips (variable)
LeverageUp to 1:500

TDM Crypto

Min DepositBTC 0.03
Spreads0.2 pips
LeverageUp to 1:500

TDM Cent

Min Deposit$10
Spreads0.2 pips (raw)
LeverageUp to 1:500

TDM Max

Min Deposit$5
Spreads1.8 pips (variable)
LeverageUp to 1:500

TDM Boost

Min Deposit$50
Spreads1.8 pips (variable)
LeverageUp to 1:500

Trading Platforms

MT4

Advanced charting
30+ built-in indicators
Expert Advisors (EAs)
automated trading
one-click trading

MT5

Advanced charting tools
50+ technical indicators
Expert Advisors (EAs) supported
Desktop
Web & Mobile versions

Regulation & Safety

FSCA
License ID: FSP 49128
Client fund segregation, Regulated under South African financial laws, Strict compliance and auditing, Protection against fraud, Ongoing regulatory supervision
CASP
License ID: FSP49128
Regulated crypto asset services, Compliance with FSCA crypto regulations, Client asset protection measures, AML and KYC enforcement, Oversight of crypto-related activities

Customer Support

Phone

Phone:010 300 0011

Email

Email:care@tdmarkets.com

⭐ Detailed Rating Breakdown

Overall4.2/5
Trading Conditions4.5/5
Platform & Tools4.0/5
Regulation & Safety4.8/5
Customer Support3.8/5
Costs & Fees4.1/5
Overall Average
4.2/5
📄Rating Justification

TD Markets is a forex broker regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, which provides a layer of safety and credibility (source: official website). User reviews on platforms like Trustpilot and ForexPeaceArmy reflect satisfaction with their trading platforms and competitive spreads. However, there are some complaints about the limited hours of customer support and occasional withdrawal delays (source: Trustpilot). Additionally, discussions on Reddit highlight the broker's limited regulatory coverage beyond South Africa and the absence of cryptocurrency trading options, which can be a drawback for some traders (source: Reddit). Despite these issues, TD Markets offers a diverse range of trading instruments and quality educational resources, which cater well to both novice and experienced traders.

Final Verdict

TD Markets appears to be a reliable broker for those trading primarily in forex and CFDs, thanks to its solid regulatory standing and user-friendly platforms. However, potential clients should consider the limited regulatory jurisdiction and reported customer service issues before committing. Overall, it is a competitive option for traders focusing on traditional forex and CFD markets.

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4.2
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Start Trading with TD Markets

Reviews & Ratings

AI Score

Expert Analysis
4.2

Based on analysis of trading conditions, regulation, and features

User Score

0 Reviews
N/A

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