Donna Forex Forum

Brokers => Brokers => Topic started by: donnaforex on June 02, 2013, 08:28:09 PM

Title: Tallinex
Post by: donnaforex on June 02, 2013, 08:28:09 PM
A representative of Tallinex is available on the forum to answer any questions or comments about their service.

If you have traded with this broker please share your feedback and experiences.

Website: www.tallinex.com/ (http://www.tallinex.com/)
Title: Re: Tallinex
Post by: Tallinex on June 02, 2013, 08:48:01 PM
Greetings. I am the official forum representative for Tallinex (tallinex.com). We are a MetaTrader4 Forex broker from Estonia offering some of the most competitive trading conditions on the market along with our unique professionally managed accounts at http://www.tallinex.com/mm-details (http://www.tallinex.com/mm-details) where we award a 100% equity credit bonus on all deposits up to $50,000.

We will be happy to answer any questions and address any suggestions you might have.
Title: Re: Tallinex
Post by: Tempestshade on June 02, 2013, 09:05:30 PM
Greetings. I am the official forum representative for Tallinex (tallinex.com). We are a MetaTrader4 Forex broker from Estonia offering some of the most competitive trading conditions on the market along with our unique professionally managed accounts at http://www.tallinex.com/mm-details (http://www.tallinex.com/mm-details) where we award a 100% equity credit bonus on all deposits up to $50,000.

We will be happy to answer any questions and address any suggestions you might have.

I just PM'd you.

EDIT:

My question was if I deposited $500, would their $500 match equal their required $1000 minimum. The answer was yes it would.

I just opened an account. I will gladly test for everyone.

Cheers,
David
Title: Re: Tallinex
Post by: Tallinex on June 02, 2013, 09:09:49 PM
Greetings. I am the official forum representative for Tallinex (tallinex.com). We are a MetaTrader4 Forex broker from Estonia offering some of the most competitive trading conditions on the market along with our unique professionally managed accounts at http://www.tallinex.com/mm-details (http://www.tallinex.com/mm-details) where we award a 100% equity credit bonus on all deposits up to $50,000.

We will be happy to answer any questions and address any suggestions you might have.

I just PM'd you.

Cheers,
David

Replied to your PM. For the future, kindly ask questions in this thread instead of PMs, so that others could also read our answers to them.
Title: Re: Tallinex
Post by: Tempestshade on June 02, 2013, 09:20:30 PM
Welcome to the Lions den Tallinex ;)

Must say that there is nothing exiting about your trading conditions as per my pic below, here are some of my concerns:

1) Firstly as a ECN with 0.5 as a average compared to some brokers that operate with 0.3 pips is quite high.

2) Commission of 6 compared to Armada at $2.80

3) Leverage of 200:1 compared to most brokers of 500:1

4)Minimum trade size of 0.10 compared to most brokers of 0.01

5 Minimum starting balance of 2000 compared to $200 on other "ECN" brokers.

Thanks but no thanks ;)

Aside from their commission I see nothing of concern with their conditions IMO. $6 may be a little  high but is not the highest I've seen.

David
Title: Re: Tallinex
Post by: Tallinex on June 02, 2013, 09:23:31 PM
Welcome to the Lions den Tallinex ;)

Must say that there is nothing exiting about your trading conditions as per my pic below, here are some of my concerns:

1) Firstly as a ECN with 0.5 as a average compared to some brokers that operate with 0.3 pips is quite high.

2) Commission of 6 compared to Armada at $2.80

3) Leverage of 200:1 compared to most brokers of 500:1

4)Minimum trade size of 0.10 compared to most brokers of 0.01

5 Minimum starting balance of 2000 compared to $200 on other "ECN" brokers.

Thanks but no thanks ;)

Kindly note that Tallinex is a true STP/DMA brokerage and does not b-book any of its clients' trades.

If you seek lower deposit minimums/minimal lot sizes and higher leverage, please, consider opening a micro account with us where we offer a minimal deposit requirement of only $100, leverage of up to 1:400, and minimal trade size of 0.01 lots.
Title: Re: Tallinex
Post by: Tallinex on June 03, 2013, 12:36:49 AM
On another note, Tallinex is proud to announce that we offer our high-leverage accounts with no FIFO rule and hedging restrictions to both the US and non-US customers.
Title: Re: Tallinex
Post by: Tempestshade on June 03, 2013, 03:26:23 PM
Just to keep everyone updated. I signed up for an account which was approved and funded within an hour of me applying. The credit bonus was credited a few moments after I was funded. I signed up for the Pullback Power money manager.

So far so good. I also have my first trade this morning which ended in profit.

Cheers,
David
Title: Re: Tallinex
Post by: geektrader on June 04, 2013, 04:06:42 AM
I have an account with Tallinex and it would be fair to mention that they solely use FinFX Pro, even the servers in the server-list of MT4 say "FinFX Pro". Which is nothing bad, just saying that they are reselling FinFX Pro.
Title: Re: Tallinex
Post by: SNSD on June 04, 2013, 04:42:36 AM


Pullback power has a 189% equity balance now?
Title: Re: Tallinex
Post by: Jamtrader on June 04, 2013, 05:40:34 AM
A few questions:

1) Does the credit equity bonus applies to the ecn-micro and ecn-pro accounts as well?

2) Can the credit equity bonus be withdrawn after achieving a certain volume of trades, if yes, what are the terms and conditions?

3) What is the maximum number of trades/lots that can be opened at any given time?

4) What is the maximum number of order modifications allowed per day?

5) Recommended IBs that offers rebates?

Regards.
Title: Re: Tallinex
Post by: foxmajster on June 04, 2013, 09:38:37 AM
Just to keep everyone updated. I signed up for an account which was approved and funded within an hour of me applying. The credit bonus was credited a few moments after I was funded. I signed up for the Pullback Power money manager.

So far so good. I also have my first trade this morning which ended in profit.


My bank wire was processed in less than a day and bonus applied instantly  - I invested in Precision Pips PAMM.
Lets see how it goes...
Title: Re: Tallinex
Post by: Tallinex on June 04, 2013, 10:03:01 AM


Pullback power has a 189% equity balance now?
The equity balance includes all deposits, trading profits, and bonuses we've awarded.
Title: Re: Tallinex
Post by: Tallinex on June 04, 2013, 10:08:06 AM
A few questions:

1) Does the credit equity bonus applies to the ecn-micro and ecn-pro accounts as well?
It only applies to our Pro-Managed accounts: http://www.tallinex.com/mm-details (http://www.tallinex.com/mm-details)

2) Can the credit equity bonus be withdrawn after achieving a certain volume of trades, if yes, what are the terms and conditions?
No, it cannot - only the profits made on it can be withdrawn.

3) What is the maximum number of trades/lots that can be opened at any given time?
We do not have any limits.

4) What is the maximum number of order modifications allowed per day?
We do not have any limits.

5) Recommended IBs that offers rebates?
We treat all of our IBs equally and do not issue recommendations for any of them.
Title: Re: Tallinex
Post by: Tallinex on June 04, 2013, 11:46:26 AM
I have an account with Tallinex and it would be fair to mention that they solely use FinFX Pro, even the servers in the server-list of MT4 say "FinFX Pro". Which is nothing bad, just saying that they are reselling FinFX Pro.
We do not resell FinFX, we even offer lower spreads than them. We only share liquidity with them - that's why some of their servers might have the same server number as ours. The name of our server is Pro-Live.
Title: Re: Tallinex
Post by: forexmostwanted on June 05, 2013, 04:55:33 PM
Welcome to the Lions den Tallinex ;)

Must say that there is nothing exiting about your trading conditions as per my pic below, here are some of my concerns:

1) Firstly as a ECN with 0.5 as a average compared to some brokers that operate with 0.3 pips is quite high.

2) Commission of 6 compared to Armada at $2.80

3) Leverage of 200:1 compared to most brokers of 500:1

4)Minimum trade size of 0.10 compared to most brokers of 0.01

5 Minimum starting balance of 2000 compared to $200 on other "ECN" brokers.

Thanks but no thanks ;)

Aside from their commission I see nothing of concern with their conditions IMO. $6 may be a little  high but is not the highest I've seen.

David

Well, I think it's hard to have low commission if you hedge clients:)
Title: Re: Tallinex
Post by: Tempestshade on June 09, 2013, 06:51:53 AM
Hello Tallinex,

Would you be able to explain why a review on fpa was reverted to a 0 star review after it was deemed the review came from your offices?

Thank you,
David
Title: Re: Tallinex
Post by: Tallinex on June 09, 2013, 09:52:23 AM
Hello Tallinex,

Would you be able to explain why a review on fpa was reverted to a 0 star review after it was deemed the review came from your offices?

Thank you,
David
Better ask them.
Title: Re: Tallinex
Post by: Tempestshade on June 09, 2013, 12:52:25 PM
Well we know their story. If I ask them they will say exactly what was written. I would like your side.
Title: Re: Tallinex
Post by: Tallinex on June 09, 2013, 12:55:22 PM
Well we know their story. If I ask them they will say exactly what was written. I would like your side.
We can't comment on what other people write on their websites. We do market locally, so it's possible a client of ours uses the same ISP as our offices.
Title: Re: Tallinex
Post by: Tempestshade on June 09, 2013, 12:58:31 PM
That is what I figured. And is one of the main problems with using IP ranges to make decisions.
Title: Re: Tallinex
Post by: CAJUN on July 01, 2013, 04:23:48 PM
This thread has quiet down, anyone still using this broker and can give update.
Title: Re: Tallinex
Post by: Tempestshade on July 01, 2013, 09:17:04 PM
Their managed accounted Pullback Power has been jumping from profit to breakeven for me since I joined. Currently about 6% in DD.

David
Title: Re: Tallinex
Post by: Cornerstone on February 17, 2015, 05:14:55 PM
We just opened a PAMM account with Tallinex. So far their support has been excellent. Hopefully their trading conditions will be good too.

This broker accepts US Clients, which is the primary reason we opened an account with them. If anyone has first had experience with them, it would be great if you could share!


Title: Re: Tallinex
Post by: imwrong on February 17, 2015, 07:48:25 PM
We just opened a PAMM account with Tallinex. So far their support has been excellent. Hopefully their trading conditions will be good too.

This broker accepts US Clients, which is the primary reason we opened an account with them. If anyone has first had experience with them, it would be great if you could share!

Yea they are good for US clients. Recently I joined PAMM service as well with one signal provider.
http://www.myfxbook.com/members/AsadShah/tallinex-pamm-service-for-us/1146135 (http://www.myfxbook.com/members/AsadShah/tallinex-pamm-service-for-us/1146135)
Title: Re: Tallinex
Post by: Forex ReBorn on February 17, 2015, 08:03:04 PM
FinFx moved my PAMM to Tallinex. Everything is good except back office cabinet.
Title: Re: Tallinex
Post by: Cornerstone on February 17, 2015, 08:10:11 PM
Thanks for the feedback. Are their spreads any better than Finfx?

Title: Re: Tallinex
Post by: Forex ReBorn on March 06, 2015, 06:55:02 PM
If anyone using this Tallinex please post your experience.
Title: Re: Tallinex
Post by: Kristofer on July 28, 2015, 06:27:19 AM
What minimum deposit does this company have? And Does it allow scalping?
Title: Re: Tallinex
Post by: Forex ReBorn on March 08, 2017, 11:57:27 AM
Tallinex will be transferring the US clients over to capitalcitymarkets.com on March 31st, 2017.
Title: Re: Tallinex
Post by: pipsbuster on August 18, 2018, 11:09:56 AM
At https://www.cftc.gov/PressRoom/PressReleases/7757-18 , the US CFTC says any US resident who has ever lost money while trading with Tallinex is now eligible for a restitution of the loss: "The Default Order requires Tallinex to pay $10,289,391 in restitution to U.S. customers". You can contact the CFTC for details at Questions@cftc.gov