BrokAIr Reviews

Templer Fx Brokerage Review

"Templer Fx Brokerage has been accused of unethical practices such as manipulating trading prices and deceiving customers - but why do so many traders still trust them?"

Did you like this broker?

Overview of Templer FX Brokerage

Templer FX is an international Forex and CFD broker offering a wide range of trading instruments and platforms to traders from around the world. This review will provide an overview of the company, its founders, its pros and cons, public opinion, and some newsworthy events associated with it.

About Templer FX

Founded in 2009, Templer FX is a broker owned by Indication Investments Ltd. The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Templer FX offers a variety of trading platforms including MetaTrader 4, WebTrader, and mobile apps for both Android and iOS. The broker also provides a variety of trading instruments such as major currency pairs, precious metals, indices, commodities, and stocks.

Pros & Cons

Founders & Public Opinion

The founders of Templer FX are not publicly known. However, the broker has been in business since 2009, which indicates that the company has experience in the Forex industry. In terms of public opinion, reviews for TemplerFX are generally positive with traders praising its competitive spreads and range of tradable instruments. However, some traders have reported difficulties withdrawing funds from their accounts.

Notable Newsworthy Events

In 2015, TemplerFX was fined €15000 by CySEC for not complying with several regulations including failure to comply with client funds segregation rules. In 2016, the broker was fined again by CySEC this time for €3000 for not properly disclosing the risks associated with trading CFDs and not providing adequate information on its website. More recently in 2019, TemplerFX was blacklisted by the UK Financial Conduct Authority (FCA) for operating without authorization.