TMS

TMS is a retail forex and CFD broker headquartered in Poland, with a registered domain of tmsbrokers.com. According to our records, the firm was established on 8 August 2019. However, despite operating an active website and offering multiple trading instruments, TMS does not hold any regulatory licence from a recognised financial authority. This absence of oversight is a critical factor for traders to consider.

Our records indicate that TMS presents itself as a multi-asset broker, providing access to contracts for difference (CFDs) across several asset classes. The broker lists equities CFDs from US, German, UK, Spanish and Polish markets, alongside forex, indices, commodities and cryptocurrency CFDs. The maximum leverage available varies by asset class: forex up to 1:30, indices and commodities up to 1:20, stocks up to 1:5, and crypto up to 1:2.

From the information available to FXCanary, TMS offers distinct account tiers for Indices, Forex, Stocks, Commodities and Crypto. Notably, the minimum deposit requirement for each account type is not disclosed in our records. This lack of transparency makes it difficult for potential traders to assess entry requirements before committing.

The maximum leverage levels suggest the broker tailors risk parameters per asset class, with the highest leverage offered on forex and the lowest on crypto and stocks. Such differentiation is standard among CFD brokers, but without regulatory validation, the advertised figures should be treated with caution.

TMS maintains a presence on Facebook and Twitter/X, which it uses for marketing and client communication. While social media can be a useful channel for updates and support, it does not substitute for formal regulatory oversight or verified company disclosures.

FXCanary encourages traders to verify any broker’s social media accounts against official domain records. In TMS’s case, the accounts appear to correspond to the broker, but the overall information landscape remains sparse.

According to our known facts, TMS provides CFDs on equity stocks from multiple countries: 47 US equities, 18 German equities, 11 UK equities, 19 Spanish equities and 28 Polish equities. This selection gives traders exposure to major and regional stock markets through a single platform.

In addition, the broker offers CFDs on forex pairs, stock indices, commodities and cryptocurrencies. The breadth of instruments is typical for a retail CFD broker, but the lack of regulatory oversight raises questions about trade execution, pricing transparency and fund segregation.

The most significant finding in our review is that TMS is not licensed or authorised by any financial regulator. Our records show no regulatory body on file for this broker. In the forex and CFD industry, operating without regulation is a major red flag, as it exposes clients to risks such as opaque business practices, potential misappropriation of funds and lack of recourse in disputes.

Poland’s official regulator, the Polish Financial Supervision Authority (KNF), does not list TMS as a supervised entity. Traders are strongly advised to avoid unregulated brokers and to only engage with firms that hold a valid licence from a reputable authority.

FXCanary has assigned TMS a Scam Risk Score of 48 out of 100, placing the broker in the ‘Guarded’ risk category. This score reflects the significant risks associated with trading through an unregulated entity, including the absence of investor protection schemes and the potential for unfair practices.

The guarded rating is not a definitive declaration that TMS is fraudulent, but it warns traders that the broker operates outside the safeguards of financial regulation. Due diligence is essential before depositing any funds, and FXCanary recommends considering only fully regulated alternatives.