Despite being active since 2014, Templer FX is still in business today. We will learn about trading platforms, regulations, and scams. This Templer FX review will help you decide whether or not Templer FX is worth your time. It will show you what to watch out for and how to find out if Templer FX is a good broker.
TemplerFX website
The TemplerFX website includes several ways to contact customer service. For example, you can send an email, request a callback, or start a live chat session. In addition, you can fill out forms to send questions to a customer service agent. After you fill out the form, an agent will contact you via email or mobile phone to help resolve your problem.
However, there’s a lot of missing information on the TemplerFX website. The website has few articles or other educational content. It offers two glossaries, but most of its content is outdated. The company claims to be client-centric, but most of its content is just scattered around and doesn’t have any substance. The website also has poor usability and is not responsive.
TemplerFX offers various deposit and withdrawal methods. These include Visa, MasterCard, BPAY, FasaPay, Leader Payment System, and M-Pesa. You can also deposit with wire transfers. Most of these methods are free to use. However, some may charge a 1% or 1.5% fee. The minimum deposit amount is $1.
Trading platform
The TemplerFX trading platform offers a variety of account types, leverage, and margins. You can deposit money via credit cards, bank wire transfers, and other popular e-wallet systems. In addition, the platform supports a variety of currencies, including USD, EUR, KES, and RUR. The minimum deposit is $1.
You can email, fill out a form, or request a live chat session to reach customer support. You can also contact Templer FX by phone, email, or mobile. The support team is available 24 hours daily and will respond to your message within a few business days.
The TemplerFX trading platform also offers CFDs on significant company shares. You can even download a free forex app to learn more about Forex trading. The trading platform also offers a free PDF on profitable Forex trading for beginners.
Regulations
Templer FX has strict policies regarding Anti-Money Laundering (AML) compliance. All employees and management are required to abide by these guidelines. The goal of anti-money laundering is to prevent the re-use of illicit funds for legitimate business purposes. This means monitoring named transactions and collecting information about the transactions.
TemplerFX accepts various funding methods. These include credit cards, bank wire transfers, and popular e-wallet systems. It also accepts currencies, including USD, EUR, KES, and RUR. The website also offers live chat support, although there is no information about when this service is available.
If you are a beginner looking for an offshore broker, TemplerFX is probably the best option. Its low spreads and zero commission on most types of accounts make it an excellent choice for many traders. However, as an offshore broker, Templer FX does not have the FCA or ESMA regulation that most regulated brokers must adhere to. Nonetheless, it does accept traders from most countries.
Scams
TemplerFX is one of the many Forex brokerages that have been the target of scam traders in the past. The brokerage claims to offer live chat assistance to customers, but the chat does not work and instead redirects to a page that is not active. Furthermore, the broker has no phone number or email address listed, which is another red flag.
The broker may also try to pressure clients into making specific trades. This is against the law. Moreover, the broker should always disclose their holdings to avoid pump-and-dump operations. You should contact a Fund Recovery Expert if you think your broker is running a scam. These experts are familiar with pump and dump cases and know what to look for.
You should check if the broker is registered in your country. Some brokers do not offer services to residents of certain countries. The broker should also provide a physical address and contact details. Moreover, the broker should provide you with expected spreads. Without this, you cannot calculate trading costs with the broker. Therefore, avoiding the TemplerFX brokerage company is better if you wish to get your money back.