TALLINEX Review (OUT OF BUSINESS)

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■ Foundation: Tallinex was founded in 2012

■ Headquarters: TALLINEX is based in Estonia (EU)

■ 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

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)

💱 TRADING ASSETS

Tallinex offers the following assets:

■ 42 Forex Pairs

■ CFDs Trading

TALLINEX SPREADS & LEVERAGE

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

CONTACT INFORMATION

⚖️ TALLINEX REVIEW PROS AND CONS

(According to the competition)

TALLINEX REVIEW PROS & CONS
Tallinex Review PROS	Tallinex Review CONS
√ PAMM Accounts √ Automated Trading, Scalping, Hedging √ ECN (liquidity via 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

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🏁 Tallinex Review Conclusions:

Tallinex, founded in 2012, is an EU-based forex broker. It is registered with the Estonian Ministry of Economic Affairs and regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines. Client funds are kept separate from company funds in segregated, off-balance-sheet accounts at a major European bank.

Tallinex is a No-Dealing Desk (NDD) broker offering true ECN/STP trading, with liquidity provided through a Prime XM bridge. Trading platforms include MT4, MT4 PAMM, and mobile apps for iPhone and Android. For traders using Expert Advisors (EAs), Tallinex provides free VPS hosting for clients trading at least 5 lots per month.

When opening an account, you can choose from three types:

• ECN-MICRO – wider spreads, minimum deposit $100

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

• PRO-MANAGED (PAMM) accounts

The ECN-PRO account offers much tighter spreads than the ECN-MICRO. For example, EUR/USD has a minimum spread of 0.5 pips and a typical spread of 0.8 pips, plus $6 per lot in commissions. USD/JPY also has a typical spread of 0.8 pips, while GBP/USD is 1.3 pips. By comparison, the ECN-MICRO account has a minimum spread of 2.0 pips. ECN-PRO accounts provide leverage of up to 500:1, and ECN-MICRO accounts up to 1,000:1.

Tallinex offers 24/5 customer support via LiveChat, phone, and email, in English, Russian, Estonian, Finnish, and Portuguese.

• Overall, Talinex is a fair choice for trading Forex, while the ECN-PRO account is recommended for day traders and scalpers.

 

■ Tallinex Review

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