Templer
Brokerage services of Templer FX company
The Templer FX company has been providing brokerage services since 2004. Currently, information about licenses for operation and regulators on the official website is not available.
Trading conditions of TemplerFX
The Templer broker provides clients with tight spreads, instant order execution without a dealing desk, guaranteed protection against negative balance, as well as an automated transaction monitoring and risk management system.
The following types of accounts are available for users:
- Universal
Starting deposit from 25 dollars, spreads from 0.10 points, no transaction commissions. Minimum contract size is 0.01, maximum is 50. Maximum number of open orders – 100. Leverage – from 1:1 to 1:2000. Hedged margin – 50%, hedged requirement – 80%, stop-out – 30%.
- HVTCS
Starting deposit 0.000001 bitcoin, spreads from 0.10 points, no transaction commissions. Minimum contract size – 0.01, maximum – 50. Maximum number of open orders – 100. Leverage – from 1:1 to 1:2000. Hedged margin – 50%, hedged requirement – 80%, stop-out – 30%.
- CENT FX
From 1 dollar on the deposit, spreads from 0.10 points, no transaction commissions. Minimum contract size – 0.01, maximum – 50. Maximum number of open orders – 100. Leverage – from 1:1 to 1:2000. Hedged margin – 50%, hedged requirement – 80%, stop-out – 30%.
- MAM
Starting deposit from 1000 dollars, spreads from 0.10 points, no transaction commissions. Minimum contract size – 0.01, maximum – 50. Maximum number of open orders – 100. Leverage – from 1:1 to 1:2000. Hedged margin – 50%, hedged requirement – 80%, stop-out – 30%.
- Muslim FX
From 25 dollars on the deposit, spreads from 1.0 points, transaction commission is 5 dollars per lot. Minimum contract size – 0.01, maximum – 50. Maximum number of open orders – 100. Leverage – from 1:1 to 1:2000. Hedged margin – 50%, hedged requirement – 80%, stop-out – 30%.
- Segregated account
From 50000 euros on the deposit, spreads from 0.10 points, transaction commission is 0. Minimum contract size – 0.01, maximum – 50. Maximum number of open orders – 100. Leverage – from 1:1 to 1:2000. Hedged margin – 50%, hedged requirement – 80%, stop-out – 30%.
Deposit and withdrawal methods from Templer FX
TemplerFX clients have the following methods available for depositing funds:
- Visa and Mastercard
Deposit in US dollars, minimum amount – 1, maximum – 10,000. Withdrawal is possible from 15 to 1000 dollars with a commission of 2% + 5 dollars. Processing time – 1-5 business days.
- Swift and Wire Transfer
Available currencies: dollars, euros, francs, and pounds. Minimum amount for deposit – 100, payment for deposit is set by the client’s bank. Processing time – 1 hour. Minimum withdrawal amount 1000, withdrawal commission 50 euros, withdrawal processing time – up to 5 business days.
Conclusion
Before starting cooperation with Templer FX, we recommend studying customer reviews of the company and consulting with experienced financial specialists.
My experience with Templer has been nothing short of frustrating. Right from the beginning, I experienced a lack of transparency and poor customer service. Understanding their fee structure was like solving a complex puzzle. It took weeks to have my account set up due to annoying delays and lack of communication from the broker. The trading platform itself is riddled with glitches and it has crashed multiple times, causing me to lose out on potential profits. Additionally, the spreads are much higher than those advertised. Completely unreliable and not trustworthy in my opinion. A disheartening experience all around.