- Multiple regulations (FCA, SCA & FSA)
- Crypto funding available
- Tested with live accounts
Taurex, operating under the Zenfinex group of companies, provides trading services with a foundation of established regulatory oversight and a choice of own trading software. This 2025 review focuses on their fee structure based on live data and their key regulatory details, giving you a clear understanding of their services.
Live Spreads: Competitive Trading Costs
A core element of your trading expenses is the spread, and this refers to the slight price variation between an asset's immediate buy and sell quotes. Taurex addresses this with different account options, including Standard Zero, Pro Zero, and RAW. The Zero accounts typically absorb trading costs into the spread itself, meaning a separate commission is not usually added per trade. The RAW account is designed to offer the narrowest possible spreads, with a distinct commission fee applied for each transaction.
The live spread information displayed in the comparison table above suggests that Taurex's pricing maintains a competitive stance when viewed alongside similar account offerings from other reputable brokers shown. It's useful to bear in mind that the overall cost of a trade combines both the visible spread and any commission that may apply, especially for RAW-style accounts. You can use the orange 'Edit' button to adjust the comparison, allowing you to see Taurex's pricing against particular brokers or for instruments of most interest to you.
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 Cashbackforex.com, Taurex is noted for its high score in the regulation category and also achieves a very good rating for its pricing structure, based on the live data available. Information on web traffic suggests they are a broker of moderate scale within the industry. Although the Taurex brand itself is a relatively new introduction (around 2023), it functions through the established Zenfinex entities, offering a trading environment with solid regulatory backing.
Regulation: Authorised by UK's FCA, UAE's SCA & Seychelles' FSA
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
Zenfinex Limited |
|
|
|
|
30 : 1 | |
Zenfinex Global Limited |
|
|
|
|
2000 : 1 | |
Taurex Financial Services L.L.C |
|
|
|
|
100 : 1 |
Taurex offers its services through several distinctly regulated firms: Zenfinex Limited is authorised by the UK's Financial Conduct Authority (FCA), Taurex Financial Services L.L.C is licensed by the UAE's Securities and Commodities Authority (SCA), and Zenfinex Global Limited is authorised by the Seychelles Financial Services Authority (FSA).
This multi-faceted regulatory structure means that client protections and trading conditions, especially leverage, can differ. Clients covered by the FCA (UK) operate under robust British oversight, which includes eligibility for the Financial Services Compensation Scheme (FSCS) providing protection up to £85,000.
Clients with the SCA (UAE) entity adhere to UAE financial regulations, and the FSA (Seychelles) entity, being offshore, permits significantly higher leverage but operates with a less strict regulatory regime and without access to specific compensation schemes like the FSCS. It's always recommended to confirm which specific entity your account is held with.
Available Assets: Offering Soft Commodity CFDs
Clients of Taurex can trade a varied selection of financial markets, covering many popular choices. Their instrument list includes a good variety of foreign exchange currency pairs, comprising majors, minors, and exotics. A distinctive feature of their offering is CFDs on soft commodities, such as coffee and sugar, in addition to other common asset classes.
It is important to understand that when you trade CFDs (Contracts for Difference), you are speculating on price movements rather than purchasing the underlying asset itself. This method enables the use of leverage, but it also means that the associated risk is amplified and requires careful consideration.
Live Swap Rates: Competitive Overnight Holding Costs
Holding trading positions open past the daily market close typically involves swap rates. These are daily financing adjustments, which can be either a charge deducted from or a credit added to your account balance. The amount is determined by the specific instrument, your trading direction (long or short), and current interest rates. Taurex also provides Islamic accounts structured to be free of these standard swap charges, in line with Sharia finance principles (it's advisable to check for any alternative administrative fees that may apply to these accounts).
The live swap rate data presented in the table above illustrates Taurex's charges or credits for holding positions overnight. When compared against other brokers listed, their swap rates generally seem competitive. As is common practice, a triple swap adjustment is usually made mid-week to account for financing over the weekend. The orange 'Edit' button allows you to compare swap rates for different financial instruments or other brokers.
Trading Platforms: Access to MT4, MT5, and Taurex Platform
Software Type | Main Advantages | Important Notes |
---|---|---|
MetaTrader 4 (MT4) |
|
|
MetaTrader 5 (MT5) |
|
|
Taurex Proprietary Platform |
|
|
Taurex furnishes its clients with a good range of trading software choices. Users can opt for the globally widespread MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both popular for their comprehensive feature sets and strong support for automated trading systems.
In addition to these, Taurex makes available its own proprietary trading platform, which could offer a unique and potentially more integrated user journey. The table above provides a concise comparison of these different options.
Deposits/Withdrawals: Accepting Crypto (BTC & ETH) Deposits
Funding Option | Processing Times | Charge Stated by Taurex | Common Base Currencies |
---|---|---|---|
Bank Institution Wire | 1-5 Working Days | None (check bank charges) | USD, EUR, GBP |
Credit & Debit Card | Usually Instantaneous | None | USD, EUR, GBP |
Neteller E-Wallet | Usually Instantaneous | None | USD, EUR, GBP |
Skrill E-Wallet | Usually Instantaneous | None | USD, EUR, GBP |
Apple Pay System | Usually Instantaneous | None | USD, EUR, GBP |
Google Pay System | Usually Instantaneous | None | USD, EUR, GBP |
Digital Currencies (BTC, ETH, USDT, LTC, SOL, ADA) | Subject to Network Speed | None (network charges apply) | Crypto (converted to USD/EUR/GBP) |
Adding funds to a Taurex account can be done through several conventional means. These include bank transfers, credit and debit cards, e-wallets such as Neteller and Skrill, mobile payment systems like Apple Pay and Google Pay, and also direct deposits using a variety of digital currencies including Bitcoin and Ethereum.
Taurex generally states that it does not apply its own charges for deposit or withdrawal transactions. Nevertheless, it is always sensible to consider potential third-party fees: intermediary banking institutions may impose charges on wire transfers, and cryptocurrency network transaction fees are an inherent part of such transfers. For the most current information on available methods and any relevant limits, please refer to the official Taurex website.
Leverage: Offshore Entity Offers up to 1:2000
The maximum leverage that can be utilised at Taurex is set by the regulatory body that oversees a client's specific account. For individuals trading under FCA (UK) regulation via Zenfinex Limited, retail leverage is capped at 1:30 for major foreign exchange pairs.
Retail clients whose accounts are with the UAE SCA-regulated entity have a leverage limit of 1:100. The entity regulated by the FSA in Seychelles, Zenfinex Global Limited, offers substantially higher leverage, with a maximum of up to 1:2000.
It is important to be mindful that high leverage significantly amplifies risk and should be used with considerable 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 available on Cashbackforex.com provides a summary of important facts regarding this broker. This includes the company names (Zenfinex Global Limited), the brand's relatively recent introduction around 2023, its UK headquarters, the selection of available account currencies (USD, EUR, GBP), languages offered for support, the listed ways to fund an account, the variety of financial instruments available for trading, and any countries from which they do not accept clients (for instance, the USA, Canada, and Japan).
Promotions: Details on Current Client Offers
At present, Taurex does not feature specific introductory bonuses or extensive promotional campaigns on its primary website. It is not uncommon for brokers to occasionally provide partner-specific arrangements or client loyalty incentives. The most reliable approach is always to consult the official Taurex website or get in touch with their customer support team directly to make enquiries about any promotions that may be running and their particular terms and conditions.
Taurex User Rating
Taurex reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.
Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.