Tattvam Markets Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-12 10:22Abstract：Founded in 2021, Tattvam Markets is a broker registered in Mauritius, offering trading in UAE shares, US shares, forex, commodities, indices with leverage up to 1:200 and forex spread from 0.1 pips on the MT5 trading platform. Demo accounts are not available and the minimum deposit requirement to open a live account is as high as $1,000.
| Tattvam Markets Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Mauritius |
| Regulation | SCA (Exceeded) |
| Market Instruments | UAE shares, US shares, forex, commodities, indices |
| Demo Account | ❌ |
| Leverage | Up to 1:200 |
| Spread | From 0.1 pips (forex) |
| Trading Platform | MT5 |
| Min Deposit | $1,000 |
| Customer Support | Live chat, Contact form |
| Linkedin, Youtube | |
| Tel: +23058278051 (Mauritius), +971 4 2228477 (Dubai) | |
| Email: contact@tattvammarkets.com | |
| Registered address: Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201, Ebene, Republic of Mauritius | |
| Business address: Office No. 5103, 51st Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE | |
| Regional Restrictions | The American Samoa, the Central African Republic, the Democratic Republic of the Congo, Cuba, Côte dIvoire, Eritrea, Guam, Heard Island and McDonald Islands, Iran, Israel, Japan, Lebanon, Liberia, Libya, Mali, Northern Mariana Islands, Puerto Rico, Russia, Somalia, the Syrian Arab Republic, the United States Minor Outlying Islands, the United States of America, the Virgin Islands of the United States or Yemen clients are not allowed |
Tattvam Markets Information
Founded in 2021, Tattvam Markets is a broker registered in Mauritius, offering trading in UAE shares, US shares, forex, commodities, indices with leverage up to 1:200 and forex spread from 0.1 pips on the MT5 trading platform. Demo accounts are not available and the minimum deposit requirement to open a live account is as high as $1,000.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | Exceeded regulation |
| Multiple account types | No demo accounts |
| Flexible leverage ratios | High minimum deposit requirement |
| MT5 platform | Regional restrictions |
| Popular payment options | |
| Live chat support | |
| Various contact channels |
Is Tattvam Markets Legit?
No. Tattvam Markets currently has no valid regulations. It only holds an exceeded SCA license. Please be aware of the risk!
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Securities and Commodities Authority (SCA) | Exceeded | Tattvam Financial Advisors LLC | Investment Advisory License | 20200000185 |
What Can I Trade on Tattvam Markets?
| Tradable Instruments | Supported |
| UAE shares | ✔ |
| US shares | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are five account types Tattvam Markets offers. The minimum deposit is $1,000.
| Account Type | Min Deposit |
| UAE shares | $1,000 |
| US shares | |
| Forex | |
| Commodities | |
| Indices |
Leverage
| Account Type | Max Leverage |
| UAE shares | 1:5 |
| US shares | 1:10 |
| Forex | 1:200 |
| Commodities | 1:200 |
| Indices | 1:200 |
It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Tattvam Markets Fees
| Account Type | Spread | Commission |
| UAE shares | From 0 pips | ❌ |
| US shares | From 0 pips | ❌ |
| Forex | From 0.1 pips | / |
| Commodities | / | / |
| Indices | From 0.8 pips | / |
Swap Rates
Each currency pair has its specific swap charge and swap rates provided as per central bank, calculated based on a standard size of 1.0 lots, equivalent to 100,000 base units. On Wednesday nights, swaps for FX, Metals, Bonds, and CFDs on Commodities are subject to a triple rate compared to the usual rate. Similarly, on Friday nights, swaps for Energies, Indices, and also incur a triple rate compared to the standard rate.
Trading Platform
Tattvam Markets provides MetaTrader 5 for traders, which integrates all the essential elements while introducing extra capabilities and an enhanced environment tailored for EA trading. This versatile platform is compatible with PC, Mac, Android, laptop, Web, and Windows, and the website also provides instructions for downloading.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, Mac, Android, laptop, Web, and Windows | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
The broker accepts payments via Bank Transfer, Credit Card, and E-wallet.
Deposit Options
| Deposit Options | Fees | Processing Time |
| Bank Transfer (SBM/MAU BANK） | ❌ | 1-4 business days |
| Credit card(VISA/MASTERCARD) | / | 1-4 business days |
| E-wallet(NACE/NETELLER/SKRILL) | ❌ | 2 minutes |
Withdrawal Options
| Withdrawal Options | Fees | Processing Time |
| Bank Transfer (SBM/MAU BANK） | $45 | 1-3 business days |
| Credit card (VISA/MASTERCARD) | / | 1-3 business days |
| E-wallet(NACE/NETELLER/SKRILL) | ❌ | 1 hour |
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