Desk file · 2026 edition · record confidence: high
Taurex
We opened the file on Taurex the way we open every file: register first, marketing never. Trading since 2017, run out of London, United Kingdom, and carrying 5 licence entries on the public record, 1 of them tier-1.
Measured
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | not verified |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | not verified |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $not verified |
Spread basis. . Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Register
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| FCA | 816055 | United Kingdom | T1 | Taurex Limited | register.fca.org.uk |
| FSA Seychelles | SD092 | Seychelles | T3 | Taurex Global Limited | tradetaurex.com |
| Capital Market Authority (CMA) UAE, formerly SCA | 20200000224 (Category 5: arrangement and advice) | United Arab Emirates | T2 | Taurex (UAE entity) | tradetaurex.com |
| Bank of Sierra Leone | BSL/SAL/2023 | Sierra Leone | T3 | Stochastic Africa (SL) Limited, trading as Zenfinex Africa | tradetaurex.com |
| None (SVG FSA company registration only) | 138 LLC 2019 | Saint Vincent and the Grenadines | T3 | Zenfinex Global LLC | tradetaurex.com |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
On the record
What we were able to confirm
Confirmed at source
- Taurex Limited (England and Wales company 11077380) is authorised and regulated by the Financial Conduct Authority under firm reference number 816055, with a registered office at 4 Eastcheap, London.
- Taurex Global Limited is registered in Seychelles under number 8428731-1 and holds Seychelles FSA securities dealer licence SD092.
- The Taurex brand grew out of Zenfinex; the group still lists Zenfinex Global LLC, registered in Saint Vincent and the Grenadines under number 138 LLC 2019.
- The Saint Vincent and the Grenadines FSA does not regulate forex or CFD trading, so the SVG registration is a company registration rather than a trading licence.
- The group's UAE entity holds Capital Market Authority Category 5 licence 20200000224 and is not authorised to hold client money or client assets.
- Taurex Limited (company 11077380) was incorporated on 22 November 2017 and was previously named Zenfin Limited (2017–2018) and Zenfinex Limited (2018–2025), according to Companies House (https://find-and-update.company-information.service.gov.uk/company/11077380).
- The Taurex account-types page states Taurex Global Limited (Seychelles) is the issuer and seller of the financial products on the website, and lists Standard Zero ($0 minimum), Pro Zero ($100) and Raw ($500) accounts, each with forex leverage up to 1:2000 and margin call/stop out of 100%/20% (https://www.tradetaurex.com/account-types/).
- Taurex Global Limited's Terms and Conditions state negative balance protection (NBP) "is currently available only for accounts in jurisdictions designated by the Company", may be subject to limits (for example, automatic reset of negative balances up to USD 500), and does not apply where the Company determines trading involves fraud, market abuse or abusive strategies (https://www.tradetaurex.com/wp-content/uploads/2026/01/Taurex-SEY-Terms-and-Conditions-v9-.pdf).
- Taurex announced in 2026 the completion of a US$40 million Series C funding round led by major shareholder Oscar Hilt Tatum IV, to fund proprietary back-office infrastructure, an AI-powered mobile trading platform and global expansion including additional regulatory licences (https://www.tradetaurex.com/company-news/taurex-raises-40-million-in-series-c-to-accelerate-global-growth-and-ai-driven-trading-technology).
- The Securities Commission Malaysia's announcement dated 10 October 2025 lists Taurex among additions to its Investor Alert List; the SC describes the list as covering unauthorised websites, investment products, companies and individuals and advises the public not to deal with listed entities (https://www.sc.com.my/resources/media/investor-alert-updates/investor-alert-list-as-at-10102025).
Gaps
Not verified
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- founding year
- minimum deposit
- maximum leverage
- EUR/USD spread
- account types
- segregated funds
- negative balance protection
- spreadEurusd — the account table gives only "spreads as low as" floors (Standard Zero 1.4, Pro Zero 1, Raw 0 with $3.0/side commission); no typical EURUSD figure published
- segregatedFunds — no client-fund segregation statement found on the global site's legal documents (checked 20 Aug 2026); the FCA entity is subject to UK CASS client-money rules by statute, but no broker-page statement was located
- maxLeverage — 1:2000 comes from the global site's account table whose issuer is the Seychelles entity; leverage for FCA-entity (Taurex Limited) clients is not stated on these pages and the site's residence disclaimer excludes UK residents
- negativeBalanceProtection — clause verified in the January 2026 T&C (v9); the current v10 PDF (July 2026) could not be text-extracted, so the clause's presence in v10 is unverified
- minDeposit — the swap-free accounts page lists starting deposits of $50 (exceptions in some countries), $25 in select countries, and $100 for swap-free variants
| Founded | 2017 |
| Head office | London, United Kingdom |
| Minimum deposit | None |
| Leverage cap | up to 1:2000 (Taurex Global Limited, Seychelles, per account table) |
| EUR/USD | not verified pips |
| Tier-1 entries | 1 |
| Record confidence | high |
Access
Platforms and account types on file
Platforms
MT4MT5TradingView
Account types
Standard ZeroPro ZeroRaw
Markets
ForexIndicesCommoditiesShares CFDsCrypto CFDs
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CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.