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Taurus Global Markets — Bahamian Forex and CFD Broker

February 10, 2009 (Last updated on February 20, 2009) by

Taurus Global Markets is the latest Forex broker addition to the list on my site. It’s a rather new MetaTrader broker that is present on-line since 2007. Like many other MetaTrader brokers it’s not regulated by any serious financial authorities and is registered in the offshore zone — Bahamas in this case. The lack of regulation can be seen as a serious disadvantages by some traders but others prefer such brokers because of some other (rather obvious) advantages of the offshore companies. Like many other such brokers Taurus Global Markets (or simply TGM) offers also CFD (Contracts For Difference) trading. Another advantage of this broker is that it’s Muslim-friendly and offers accounts with no overnight interest by request. The disadvantages of TGM are the high minimum account size, which is $5,000 that can be transfered only using the wire transfer and the minimum trading volume of one standard lot (so, no mini-trading is allowed).

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