Tandem Markets is a new offshore Forex / Crypto broker, that opened on October 14th 2021. It seems like their site is no longer working as of August 2022.
Official website is at: https://TandemMarkets.com.
If you are have a problem withdrawing money from an offshore broker, see here.
Tandem Markets Reviews
Our review of the new brokers at Tandem Markets finds, that they are offering a the basic Forex / Crypto CFD trading platform from Finantick. This trading platform offers you a variety of underlying assets for CFD trading in the category of: Forex, Crypto, Market Indexes, Shared and Commodities. TradingView charts are the default charting software on this platform.
Just like you, we found this broker when we registered for the Tesler Trading App. This website is also available in French and German, and it seems that the copywriter was not a native English speaker as there are many grammatical errors on their website.
Sorry, if you are looking for a trading app you will not find anything on Google Play or iTunes. You will also not be able to use the popular trading platforms from MT5 or MT4. Minimum deposit for a new trading account is usually $250, when dealing with a broker like this one. Deposits are only possible with a credit card purchase of Crypto. They are using the payment gateways of ZCoinPay.
Offshore brokers tend to offer higher margin rates than the licensed brokers. At Tandem Markets, the leverage offered on Forex is as high as 200:1, and on Crypto 100:1. You can find popular Crypto and Forex trading apps, listed here.
Warning! Fake Trading Apps
The way most investors find a broker like Tandem is by registering for a the trading app like Tesler Trading. Before investing your hard earned money in a trading app, you should know that 99% of people lose their money that way!
Automated trading apps are marketed online via spam email and fake news websites. You should take a few minutes, and learn how the Crypto Investment Scams operate, see the article.
Is Tandem Markets a Legit Broker?
No, Tandem Markets does not have a license, which means they are not a regulated broker. They are officially owned by the offshore company; PREVOST LLC, reg. number: 980 LLC 2021. Their listed address is: First Floor, First St. Vincent Bank Ltd, James Street, P. O. Box 1574, Kingstown, Saint Vincent and the Grenadines.
Most people don’t know where the country island of Saint Vincent and the Grenadines is located. And if you have problems withdrawing your money, you will have no success even if you fly out there. All you will find is an empty PO Box.
According to the SVG Financial Services Authority; “Forex trading brokerage activities are not licensed in St. Vincent and the Grenadines.” read more.
Scam Broker Investigator has reviewed hundreds of Forex / Crypto brokers, to see if they are scams or a legitimate broker. The proper way to research your broker, is by checking to see if they are licensed by the FCA in the United Kingdom or by ASIC in Australia. No matter where you live, you should be using a local licensed broker.
Compare Regulated Brokers
There are hundreds of CFD brokers to choose from online, therefore, you should try out the established licensed brokers first. Go read reviews of the most popular licensed Crypto and Forex brokers listed here.
ForTrade is a nice broker who is growing internationally. They are regulated in Canada, United Kingdom and Australia, see here.
Try a Free Demo on their amazing trading platform, signup here.
If you are already currently investing with Tandem Markets, share your experience in the comments section below.