Tallygridmarkets

Based on WikiFX assessment, Tallygridmarkets exhibits a very high-risk profile and cannot be considered a safe or reliable broker. The entity holds a WikiFX score of 1.19, reflecting significant operational concerns. Crucially, it operates without any verified, authoritative regulatory licenses, placing client funds entirely outside the oversight and protection of major financial authorities like the FCA or ASIC. Engaging with an unverified broker such as this carries substantial financial risk.

Tallygridmarkets is not regulated in any meaningful sense for forex and CFD trading. According to WikiFX data, it holds no verified licenses from major global regulators. While a company named Tallygridmarkets Ltd. is registered in Malta and an unverified 'Market Making License (MM)' is noted under an entity called ALCHEMY MARKETS LTD., this does not constitute active, credible regulation that protects retail traders. The regulatory status for its core business remains unverified.

The minimum deposit requirement for Tallygridmarkets is not explicitly stated on its official channels or in public data. For a broker with an unverified status and a high-risk warning, the lack of transparent information on basic account terms, including minimum deposits, is a significant concern and should be factored into any risk evaluation.

There is no available data confirming whether Tallygridmarkets supports industry-standard trading platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The absence of clear platform information is consistent with the broker's overall lack of operational transparency, making it difficult for traders to assess the quality of its trading environment and tools.