- Multiple regulations (FCA, SCA & FSA)
- Crypto funding available
- Account conditions verified through live testing
Taurex, a trading name associated with Zenfinex entities, offers its services under well-established regulatory oversight and provides a selection of popular plus its own trading platforms. This 2025 review details their approach to trading costs using live data and explains their important regulatory structure, giving you a clear picture of what they offer.
Live Spreads: Competitive Pricing for the RAW Account
A fundamental part of trading online is the spread. The spread is the small difference between the price an asset can be bought for and the price it can be sold for at any given moment. Taurex structures its pricing through various account types, such as Standard Zero, Pro Zero, and RAW. The Zero accounts typically include trading costs within the spread itself, meaning no separate commission is usually charged. In contrast, the RAW account is designed to offer the tightest possible spreads, with a distinct commission fee applied to each trade.
The live spread data presented in the comparison table above indicates that Taurex's pricing holds a competitive position when compared with similar account types from other reputable brokers shown. You can use the orange 'Edit' button to tailor the comparison, looking at Taurex's pricing against specific brokers or for instruments you trade most often.
Taurex Overall rating
Rating | Weight | |
User Rating |
4.5 (1 reviews)
|
3 |
Popularity |
3.4
|
3 |
Regulation |
5.0
|
2 |
Pricing rating |
4.5
|
1 |
Features |
Not rated
|
1 |
Customer Support |
Not rated
|
1 |
On RebateKingFX, Taurex achieves a high score in the regulation category and also scores very well for its pricing structure based on available live data. Web traffic figures suggest they are a broker of moderate size in the market. Although the Taurex brand itself was launched more recently (around 2023), it operates through established Zenfinex entities, presenting a well-regulated option for traders.
Regulation: Authorised by FCA, SCA & FSA Seychelles
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
Zenfinex Limited |
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|
|
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30 : 1 | |
Zenfinex Global Limited |
|
|
|
|
2000 : 1 | |
Taurex Financial Services L.L.C |
|
|
|
|
100 : 1 |
Taurex delivers its services through distinct, regulated companies: Zenfinex Limited is authorised by the Financial Conduct Authority (FCA) in the UK, Taurex Financial Services L.L.C is licensed by the Securities and Commodities Authority (SCA) in the UAE, and Zenfinex Global Limited is authorised by the Financial Services Authority (FSA) in Seychelles.
This multi-entity structure means that client protections and the trading environment, particularly leverage, can vary. Clients under the FCA (UK) operate with strong oversight, including eligibility for the Financial Services Compensation Scheme (FSCS) up to £85,000. Clients with the SCA (UAE) are covered by UAE financial regulations. The FSA (Seychelles) entity allows for significantly higher leverage but functions under a less stringent offshore framework, without specific compensation schemes like the FSCS. It's always wise to confirm which entity your account is registered with.
Available Assets: Fx and Soft Commodities Available
Traders with Taurex can access a varied selection of markets, covering many popular choices. This includes a good range of forex currency pairs, encompassing majors, minors, and exotics. A notable part of their offering is CFDs on soft commodities, such as coffee and sugar, alongside other common asset classes.
It's important to remember that when trading CFDs (Contracts for Difference), you are speculating on price fluctuations rather than taking ownership of the underlying asset. This method allows for the use of leverage, but it also means that the risk involved is magnified and needs careful management.
Live Swap Rates: Competitive Overnight Financing Costs
If you keep trading positions open past the daily market close, swap rates will apply. These rates are daily financing adjustments, which can be either a fee charged or a credit paid to your account. The amount depends on the specific instrument, your trading direction (buy or sell), and current interest rates. Taurex also provides Islamic accounts that are designed to be swap-free, in line with Sharia finance principles (it's good to check if alternative administrative fees apply to these).
The live swap rate information in the table above shows Taurex's charges or credits for holding positions overnight. When compared to other brokers listed, their swap rates generally appear competitive. These costs can differ significantly based on the particular instrument and whether you are long or short. As is standard practice, a triple swap is usually applied mid-week to cover the financing for the weekend. The orange 'Edit' button allows you to compare swap rates for different instruments or brokers.
Trading Platforms: Offering MT4, MT5, and a Proprietary Option
Platform Type | Key Strengths | Points to Note |
---|---|---|
MetaTrader 4 (MT4) |
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MetaTrader 5 (MT5) |
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Taurex Platform (Proprietary) |
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|
Taurex provides a good selection of trading platforms. Clients have the option of using the globally popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are well-known for their extensive feature sets and support for automated trading strategies. In addition, Taurex offers its own proprietary trading platform, which could provide a distinct and potentially streamlined user experience. The table provides a brief comparison of these options.
Deposits/Withdrawals: Featuring Crypto (BTC & ETH) for Deposits
Payment Method | Processing Times | Fee Stated by Taurex | Common Account Currencies |
---|---|---|---|
Bank Wire | 1-5 Business Days | None (check bank fees) | USD, EUR, GBP |
Credit/Debit Card | Usually Instant | None | USD, EUR, GBP |
Neteller | Usually Instant | None | USD, EUR, GBP |
Skrill | Usually Instant | None | USD, EUR, GBP |
Apple Pay | Usually Instant | None | USD, EUR, GBP |
Google Pay | Usually Instant | None | USD, EUR, GBP |
Cryptocurrencies (BTC, ETH, USDT, LTC, SOL, ADA) | Network Dependent | None (network fees apply) | Crypto (converted to USD/EUR/GBP) |
Funding an account with Taurex can be done using several conventional methods. These include bank wire transfers, credit and debit cards, popular e-wallets like Neteller and Skrill, mobile payment options such as Apple Pay and Google Pay, and direct deposits using a variety of cryptocurrencies including Bitcoin and Ethereum.
Taurex generally does not apply its own fees for deposits or withdrawals, but it's always wise to factor in potential third-party charges: intermediary banks may levy fees on wire transfers, and cryptocurrency network transaction fees are unavoidable. For the most up-to-date details on available methods and any applicable limits, please consult the official Taurex website.
Leverage: Offshore Options up to 1:2000
The maximum leverage available at Taurex is set by the regulatory authority governing a client's account. For those under FCA (UK) regulation via Zenfinex Limited, retail leverage is limited to 1:30 for major forex pairs. Retail clients under the UAE SCA-regulated entity have a leverage cap of 1:100.
The entity regulated by the FSA in Seychelles, Zenfinex Global Limited, offers significantly higher leverage, up to 1:2000. It's important to remember that high leverage considerably amplifies risk and should be approached with caution.
Taurex Profile
Company Name | Zenfinex Global Limited |
Categories | Forex Brokers, Cryptocurrency Brokers |
Primary Category | Forex Brokers |
Year Founded | 2023 |
Headquarters | United Kingdom |
Account Currency | EUR, GBP, USD |
Support Languages | Arabic, Chinese, English, Malay, Spanish, Thai, Vietnamese |
Funding Methods | Bank Wire, Bitcoin, Credit/Debit Card, Neteller, Skrill, Ethereum, Crypto wallets, Apple Pay, Googlepay |
Financial Instruments | Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, ETFs, Soft Commodities (coffee, sugar...) |
Prohibited Countries | Belgium, Canada, Iran, Japan, North Korea, United States |
The Taurex profile on RebateKingFX offers a summary of key facts about this broker. This includes the company names (Zenfinex Global Limited), the brand's relatively recent launch around 2023, its UK headquarters, the available account currencies (USD, EUR, GBP), languages for support, the listed methods for funding an account, the range of financial instruments offered, and countries from which clients are not accepted.
Promotions: Checking for Current Client Incentives
At present, Taurex does not heavily advertise specific welcome bonuses or large-scale promotional campaigns on its main website. It's common for brokers to sometimes offer partner-specific deals or loyalty incentives. The best approach is always to check the official Taurex website or contact their customer support team directly to ask about any promotions that might be available and their particular terms and conditions.
Taurex User Rating
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