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Tallinex Review

TALLINEX Review

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Found: Tallinex was found in 2012

Headquarters: TALLINEX is based in Estonia (EU)

US Residents: TALLINEX welcomes US traders -YES-

Regulated: TALLINEX is regulated by the Estonian Ministry of Economic and FSC (check conclusions)

Web-Site Languages: English, Russian, Estonian, Finnish, Portuguese

Customer Support: 24/5 via Phone, LiveChat, and eMail

Visit TALLINEX

TALLINEX TRADING INFO SUMMARY

■ Broker Type: ECN / STP

■ Trading: Forex, CFDs

Platforms: MT4 for PC, MAC and Linux, PAMM platform, Mobile Apps for iOs and Android

Trading Time Zone: GMT

■ Demo Account: -YES-

■ Min. Spread on EUR/USD: 0.5 pip (ECN PRO) | 2.0 pips (ECN Micro)

■ Leverage: Leverage up to 500:1

Scalping: is allowed –YES-

■ Minimum Account: $100 {for ECN Pro Accounts is $2,000)

Tallinex Demo Accounts | Tallinex Real Accounts

TRADING ASSETS

Tallinex offers the following assets:

■ 42 Forex Pairs

■ CFDs Trading

TALLINEX SPREADS & LEVERAGE

TALLINEX TRADING SPREADS

These are the Tallinex spreads and trading commissions on ECN Pro Accounts

■ Tallinex ECN Pro Account provides EURUSD at 0.8 pip typical spread, plus commissions $6/ full traded lot

Tallinex ECN Pro Account provides USDJPY at 0.8 pip typical spread, plus commissions $6/ full traded lot

Tallinex ECN Pro Account provides GBPUSD at 1.2 pip, plus commissions $6/ full traded lot

TALLINEX TRADING LEVERAGE

■ Leverage at TALLINEX can be up to 1,000:1 for ECN MICRO accounts and up to 500:1 for ECN PRO accounts

TALLINEX TRADING PLATFORMS & MOBILE

Tallinex provides the classic MT4 for PC, Mac, and Linux, MT4 PAMM, plus mobile traders.

MetaTrader4 (standard MT4 platform for trading Forex and CFDs)

  • Windows PCs | MAC PCs | Linux PCs | MT4 PAMM

Tallinex Mobile Traders

  • Android app | iOs app

TALLINEX NEW ACCOUNT INFORMATION

TALLINEX Minimum Account:

The minimum amount required to open an account with TALLINEX is 100 USD, and account currencies include USD, EUR.

(1) ECN MICRO Account, minimum deposit $100

(2) ECN PRO Account, minimum deposit $2,000

Tallinex Account Types ECN MICRO ECN PRO
Minimum Deposit 100 $ 2,000 $
Account Currencies EUR, USD
Fund Methods BANK WIRE, VISA, MASTERCARD, NETELLER
Minimum Trade Size 0.01 Lot 0.10 Lot
Trading Commissions NO $6 / rounded lot
Spreads (minimum) 2.0 pip 0.5 pip
Trading Leverage (max) 1,000:1 500:1
Automated Trading, Scalping and Hedging YES
  Tallinex Demo Accounts | Tallinex Real Accounts

Tallinex Fund Methods:

Wire transfers

Maximum Deposit: unlimited

Minimum Deposit: 100 EUR/USD

Processing Fee: None

Timescale: within 1-2 business days

 

Credit Cards (Visa/MasterCard)

Maximum Deposit: 2,000 EUR/USD

Minimum Deposit: 100 EUR/USD

Processing Fee: 2.5%

Timescale: Instant


Neteller


Withdrawals are processed by Tallinex within 24 hours. Withdrawal Fees include 20 EUR (Euro Accounts) or 25 USD (US Dollar Accounts).

CONTACT INFORMATION

Tallinex is a trading name of Tallinex Ltd

Company ID: 22199 IBC 2014

Office address: The Jaycees Building, Stoney Ground, PO Box 362, Kingstown

VC0100, St Vincent and the Grenadines

Tallinex Phone: +44-203-514-2400 (London)

Tallinex eMail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

TALLINEX REVIEW PROS AND CONS (According to competition)

TALLINEX REVIEW PROS & CONS

Tallinex Review PROS

Tallinex Review CONS

√ PAMM Accounts

√ Automated Trading, Scalping, Hedging

√ ECN (liquidity via the PrimeXM’s MetaTrader 4 Bridge)

Free VPS to Tallinex clients trading at least 5 lots per month

√ Client Bank Account Segregation

X Regulation only from FSC

X Competitive Spreads only on ECN Pro Accounts

Tallinex Review Conclusions:

Tallinex, found in 2012, is an EU-based Forex Broker allowing US traders. Tallinex is registered with the Estonian Ministry of Economic Affairs and regulated by the Financial Services Authority (FSA) in St. Vincent and The Grenadines. Client funds are separated from company funds in segregated, "off-balance-sheet" accounts at a large European bank.

Tallinex is a No-Dealing Desk (NDD) broker offering true ECN/STP trading, liquidity is provided via a Prime XM bridge. Trading platforms include MT4, MT4 PAMM and mobile traders for iPhone and Android. For those who want to trade via Expert Advisors (EAs), Tallinex provides a free VPS hosting service to all clients trading at least 5.0 lots per month.

When you open an account with Tallinex you can select among three account types:

•ECN-MICRO (expensive spreads, minimum deposit $100)

•ECN-PRO (tight spreads, minimum deposit $2,000)

•PRO-MANAGED (PAMM) accounts

The ECN-PRO account offers by far better spreads than the ECN MICRO account. For example, you may find EURUSD at minimum 0.5 and typical 0.8 pip spread plus $6/lot trading commissions, which is not a bad deal. Furthermore, USDJPY typical spread is also 0.8 and the GBPUSD typical spread is 1.3 pip. On the contrary, ECN MICRO minimum spread is 2.0 pips. ECN-PRO accounts provide leverage 500:1 and ECN-MICRO 1,000:1.

Tallinex offers 24/5 customer service via LiveChat, Phone, and eMail. Customer support languages include English, Russian, Estonian, Finnish, and Portuguese. In overall the ECN-PRO account type is a ‘must’ for all day-traders and especially Forex scalpers. Tallinex should be considered a very good choice for US clients who do not have many choices, after all.

 

Tallinex Demo Accounts | Tallinex Real Accounts

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