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Tallinex review

Tallinex


On-line since: 2013
Country of origin: St. Vincent and the Grenadines
Regulation: Financial Services Authority
Payment options: wire transfer, payment cards
Minimum account size: $100
Minimum lot size: 0.01 lots
Leverage: 1:1000
Spreads: from 0 pips

About the company:

Tallinex is a brokerage company established in 2013. All Tallinex trades are transmitted safely and promptly to the world’s largest financial institutions through the PrimeXM FX bridge to Integral’s FX Grid system, which is optimized for trading in the foreign exchange market.

The broker’s monthly trading volume exceeds $10 billion.

The company offers three types of trading accounts. Forex beginners may find it best to start with the ECN-MICRO account, featuring the minimum deposit requirement of $100, floating spreads starting from 1.8 pips for the EUR/USD pair, no per-trade commissions, and up to 1:1,000 leverage.

ECN-PRO accounts provide excellent trading conditions for traders of any expertise level. To open this type of an account, you need to deposit at least $2,000. ECN-PRO spreads start from 0 pips for EUR/USD, while the leverage ratio is up to 1:500.

PRO-MANAGED accounts imply the following trading conditions: a minimum deposit of $1,000, spreads from 0 pips, and leverage up to 1:500.

Tallinex offers its clients the MetaTrader 4 platform available in 32 languages. The brokerage company allows the use of hedging, scalping strategies, and expert advisors without any restrictions.

A comprehensive array of technical analysis tools makes it easier for traders to predict future exchange rate fluctuations and track the process of real-time trading. The company guarantees instant order execution, efficient trade processing, and a high level of liquidity.

Tallinex 4/10 (votes 1873)
Author of Tallinex: Vnsu | Date 2019-09-09
I have a bad experience with Tallinex. I was running an EA with their platform and my EA had a 75% win ratio. One month later my account was transferred everything changed. I haven't had a single positive day since last week. From Jan 2 july to 30 july I was up 12%. Within three weeks now I am at -24%. I personally think they are a scam.
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Author of Tallinex: Janice | Date 2019-07-22
I already lost access to my account at Tallinex since the start of this year and until now I still can't get a hold of it. I still have around $2000 in my account and since I can't log in to my account, there is also no way to withdraw my funds. I have been asking the company what the problem is but no one answers. I am also aware that I am not the only client experience it so I am pretty sure that there is something wrong going on with the broker.
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Author of Tallinex: piptabohlaju | Date 2018-11-21
I have traded at Tallinex for almost 3 months and in the first month the trading platform is pretty good but the next months was a bit of worst. It was very frustrating when I funded my real account frezee and the spreads keep floating according to the market situation. In my first month I deposited about $100 as their minimum account size and made a profit around 20%. So I think to increase my deposit and change my trading account type, but the problems started, the trading system suddenly crashes of the platform in the night and freeze when I order to make withdraw. I called the technical support and was asking what happened, they said is just a bug from the platform and asked me to wait for about 3 to 5 working days. But until yesterday, that was 2 weeks from the time I got the problems my account still frezee and I can't take my money. I also can't contact them. I was upset and angry to Tallinex! Please carefull to this broker.
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Author of Tallinex: fxsedenga | Date 2018-08-23
I feel very disappointed with Tallinex because after I use my real trading account they offer new features that facilitate remittances between accounts and facilitates the withdrawal of profit. But after using this feature for 2 months, I actually trouble because his system is always full of so many errors and disturbances that occurred connection. I was very surprised becasue in demo account everything run well and fast. Besides, there are many traders who complain about the trouble to make a withdrawal the profit and less comfortable with their service. I do not like this broker and wanna close the account after just join them a month ago.
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Author of Tallinex: Funmi | Date 2018-04-18
Tallinex is the biggest scam FOREX trading company. They hanged my positions, requote, off-quote, trade cannot be executed, all kinds of nonsense. They are all crooks, especially when you are inconsistent profit for 3 weeks, they will do all they can to make sure your account is finished.
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Author of Tallinex: Blackwidowfx | Date 2017-12-12
I have a ECN-MICRO account with Tallinex for a couple of months and I trade with them mainly currency pairs EUR/USD, USD/CAD, USD/JPY, USD/CHF. The spread for EUR/USD is 1.8 pips, but during volatility times the spread goes up to 6. I called many times their support team to fix the bugs on the platform MetaTrader 4, because it has delays during news release. They never answered my emails. I don't recommend this broker.
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Author of Tallinex: Primigipip | Date 2017-11-01
I traded with Tallinex for 4 months and I recently closed my account because their platform has delays in execution and also during volatility times the spread for EUR/USD which normally is 1.8 pips, goes up to 5. I had a ECN-MICRO account with a first deposit 150$. Made a profit the first month of 100$. I lost everything the next 2-3 months. Finally I deposited again 100$ and I lost because the broker is manipulating the prices during volatility times, so I closed my account.
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Author of Tallinex: danishfx | Date 2017-10-05
as a trader, I’m not recommend this broker to newbie who still not found broker that suit with them because their trading platform is not good enough for newbie. I have trade with them for almost 9 month and I found that platform is not stable during economic event and execution become slow make you miss the best price at that time. Sometimes take profit and pending order also are not triggered will make you have no choice to stick with platform and always watch the chart until position closed. Besides, ECN micro account spread are not fixed spread which floating and sometimes it can widen up to 2.8 pips for major pairs. The other things withdrawal transaction which slower than deposit transaction that will be transfer after 3-5 days. I have another broker which can give 1-2 days only to complete the transaction. In addition, I think 100 USD still are big amount of money for newbie and they should change into 50 USD because if they use micro account trader still can trade with good money management.
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Author of Tallinex: Wyn | Date 2017-09-13
I am not satisfied with the services and trading conditions of Tallinex. I used it for 5 months and I lost around $900 because the trading platform is not stable, but managers don't care about that, they only care that you make monthly deposits and generate as much profits as possible and after that, they give you all type of excuses in order not to process your withdrawal requests. Stay away of Tallinex.
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Author of Tallinex: Anu | Date 2017-08-14
Although as a professional trader, trading for 6 years now, with 3 different brokers in the past, I believe that no broker is perfect in the market. But it comes to broker manipulating their platform, so as to make your trades go against you, then such broker is a capital SCAM! This is the case of Tallinex which I experienced on their platform, started trading with $500, and I was left with $55 in my account, without making a dime, the platform keeps freezing each time I want to close my winning trades, even the customer service were not helpful at all. Please stay away from tallinex, it's full of scammers.
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