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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 1875)
Author of Tallinex: Shen | Date 2020-05-26
Trading with Tallinex is not always perfect. During normal market condition, I am able to earn well and make impressive trading results. However, when there are news announcements or big events, I am no longer hoping to get desirable results. As a matter of fact, I just avoid trading during news announcements because the broker's platform cannot handle it. It would either lag or crash which will result to losses.
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Author of Tallinex: Hazael | Date 2020-04-24
So far, I never encountered any issues with them and trading were running smooth. The best part I like about this broker is simple trading platform and easy to understand and use. Order execution were sent as I wish and spread is fixed and not increasing. I called to their staff on March 19 about document verification and also able to respond in a specific time range without any delay.
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Author of Tallinex: Salman | Date 2020-03-06
The reason I opened a trading account at Tallinex is the fact that they have a much lower trading cost compared with other brokers. I'd say this broker is most suited to small retail traders. However, what I don't like is the poor quality of their trading platform. I always encounter problems in my trading activities because of the issues in the platform. I have raised this concern to the company already and they said that they will get it fixed soon. But so far, there is still no improvement.
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Author of Tallinex: Rita | Date 2020-01-20
I can't happy with the Tallinex's platform execution, As always order execution isn't perfect for places, where I want to open or close position. I have failed to withdraw my profit of $420 form Tallinex broker. I am also very convinced to become my money back. so I call them but their support didn't answer. So I have contacted all possible addresses, which found on the internet. While Tallinex is located in Israel and I had no guarantee to get my money back!
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Author of Tallinex: Kleo | Date 2019-10-16
I noticed unusual things happening such as screen freeze, prices going in opposite direction and heading towards my stops, prices shooting back up, trades being closed and a lot! I was offered $500 bonus just to open an account with them and everything I stated here was actually happened to my account. So at that point I decided to close my account with them and decided to not return again.
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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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