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اردو
Abstract：Did you encounter trade-related concerns with Tattvam, a Mauritius-based brokerage entity? Several users have reportedly accused the broker of cancelling profitable trades, allegedly citing scalping as the reason. At the same time, traders have reportedly expressed concerns over the lack of understanding among the broker officials about critical trading aspects such as copy trading. In this Tattvam review, we have carefully examined user-reported allegations. Additionally, we have given a regulatory overview of the broker.
Did you encounter trade-related concerns with Tattvam, a Mauritius-based brokerage entity? Several users have reportedly accused the broker of cancelling profitable trades, allegedly citing scalping as the reason. At the same time, traders have reportedly expressed concerns over the lack of understanding among the broker officials about critical trading aspects such as copy trading. In this Tattvam review, we have carefully examined user-reported allegations. Additionally, we have given a regulatory overview of the broker.
ContentsTattvam Capital Markets claims to be a multi-asset brokerage firm, allowing users to trade forex, US & UAE shares, commodities & indices.
Tattvam offers three trading accounts - Tyro, Standard and Pro. The table below contains critical details regarding each account.
| Account Type | Minimum Deposit | Commission | Minimum Spread | Trading Platform |
| Tyro | $100+ | Zero | 1.6 Pips | MT5 |
| Standard | $1,000+ | Zero | 1.3 Pips | MT5 |
| Pro | $5,000+ | Zero | 0.3 Pips | MT5 |
A trader from the United Arab Emirates accused broker officials of not having knowledge about copy trading and how it functions. The user further claimed not to have found live data, while witnessing a poor Tattvam login dashboard. What was further concerning was the user's accusation of no license for the broker in the UAE. The trader reportedly made these revelations through this Tattvam review.
A user from Pakistan claimed to have inquired with Tattvam whether the company had any hidden rules. The broker reportedly replied 'no' to the user's query and even approved the latter's trading strategy. According to the user, Tattvam released his first payout. However, after that, even as his profits rose, the trader could not withdraw funds as the brokerage firm cancelled it in the name of scalping. The trader reportedly refuted scalping allegations while sharing this Tattvam review.
An Austrian trader alleged that the situation became so desperate that it made him seek legal assistance to recover funds. Here is the complaint screenshot.
Even though only a few complaints have been found against Tattvam, it still required a thorough probe into the broker's regulatory status. The WikiFX team found that the trading enterprise does not have a valid forex license. It possesses a license for a different security. The license, which comes from the Capital Markets Authority in the United Arab Emirates, bears this number: 20200000185. The broker receives a user trust score of 2.27 out of 10.
Tattvam Markets presents a wide range of trading products with distinct features. However, the grave nature of user complaints considerably outweighs these and makes it a risky option for traders seeking to create wealth. Although user allegations do not represent facts, they are a stark reminder of the due diligence one needs to do before signing up with a broker for trading activities. Make sure to download the WikiFX app, where you can find in-depth broker investigation reports along with curated educational content tailored for beginners and experienced traders.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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