T.M. Financials Ltd
Primary
MU
C185265
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2 entities
1 account
unverified
unverified
Broker profile
TA
Tag Markets Review: Is It Legit and Regulated?
T.M. Financials Ltd
MU
Operating period unverified
AKA T.M. Financial Ltd
AKA Tag Markets Ltd
FindMyFX score
critical risk1.9/10
0
Score out of 10
10
Independent assessment
Updated 2026-08-10
Contact & regulation
- Official website
- tagmarkets.com
- Address
- 3 Emerald Park, Trianon, Quatres Bornes, Mauritius
- Contact
- Not verified
- Primary license
- FSC Mauritius · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Tag Markets legit and regulated?
FindMyFX has license records for Tag Markets, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
Tag Markets presents itself as an FX and CFD broker operated by T.M. Financials Ltd in Mauritius and publishes MetaTrader 5 account conditions.
Professional broker overview
FindMyFX editorial summary
Tag Markets identifies T.M. Financials Ltd, Mauritius company C185265, as its trading entity and publishes MT5 account conditions including a Zero account with a USD 10 minimum deposit and maximum leverage of 1:500. Austria's FMA warned on 20 February 2026 that Tag Markets and named related entities were not authorised for the securities activity cited in Austria. The broker currently claims FSC Mauritius licence GB21026474, while an FSC public notice states that the same licence number belonged to Pure North Markets Ltd and was terminated effective 18 March 2024, leaving the current licence claim unresolved.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: The broker claims FSC Mauritius licence GB21026474 for T.M. Financials Ltd, but an FSC Mauritius public notice assigns that number to Pure North Markets Ltd and states that it terminated on 18 March 2024. FindMyFX staff should independently resolve the current licence status and entity mapping before publication.
- Operational status
- warning
- Broker type
- unknown
- Execution model
- Not verified
- Support hours
- 24/7
Documented advantages
- The official account page publishes minimum-deposit, leverage and spread information for named account types.
Documented limitations
- Austria's FMA states that Tag Markets and named related entities are not authorised for the licence-required securities activity cited in its warning.
- An FSC Mauritius public notice creates an unresolved discrepancy around the licence number currently claimed by the broker.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
T.M. Financials (Pty) Ltd
ZA
2024/508189/07
Trading access
Account types
Available account structures and their current verification state.
Zero
unverified- Deposit
- USD 10.00
- Leverage
- 1:500
USD 0 commission
- Spread
- 0.70 pips typical
- Base currencies
- Not shown
- Margin call / stop-out
- —% / —%
- Demo / Islamic
- Unknown / Unknown
- Balance protection
- Unknown
- Last verified
- Not verified
Markets and instruments
CFDs
unverified
Forex
unverified
Research sources
Contact and regulatory information
Tag Markets
unverified
Account Types
Tag Markets
unverified
Tag Markets
Tag Markets
unverified
The FMA warns about concluding transactions with Tag Markets / T.M. Financial Ltd / Tag Markets Ltd
Austrian Financial Market Authority
unverified
Pure North Markets Ltd - Surrender of Investment Dealer (Broker) Licence
Financial Services Commission Mauritius
unverified
Licenses and regulators
FSC Mauritius
GB21026474
Last verified: Not shown
Type: Investment Dealer (Full Service Dealer, Excluding Underwriting)
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
FSCA
55237
Last verified: Not shown
Type: Financial Services Provider
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Risk flags
Austrian FMA warning on unauthorised securities activity
high · draftThe Austrian FMA states that Tag Markets and named related entities are not authorised for the licence-required securities activity described in its 20 February 2026 warning.
Claimed FSC licence number has an official termination record for another entity
high · draftTag Markets currently claims FSC licence GB21026474 for T.M. Financials Ltd, while an FSC Mauritius public notice states that GB21026474 belonged to Pure North Markets Ltd and terminated effective 18 March 2024.
Score components
Regulation and licenses
0.0/10 · 35%No current licence was independently verified; the claimed FSC number conflicts with an FSC termination notice for another entity.
Security and track record
0.0/10 · 20%An authoritative FMA warning and the unresolved FSC licence-number discrepancy materially limit the available evidence.
Trading conditions
7.5/10 · 15%The official broker site publishes named account conditions and MT5 information.
Company transparency
5.0/10 · 10%The broker publishes legal-entity and registration details, but the FSC licence-number mapping is unresolved.
Service quality
2.5/10 · 10%The official site states 24/7 agent availability, but no verified service-quality data was reviewed.
Verified user reviews
0.0/10 · 10%No verified user-review data used.
Profile update history
Broker profile was published.
2026-08-10
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.