TAU Limited is a contract for difference (CFD) broker with a domain registered on June 13, 2024. It primarily offers trading services of financial derivatives such as stocks, futures, crude oil, gold, cryptocurrencies, and forex to retail and institutional clients. This broker does not provide services to jurisdictions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status:
Public information on TAU Limited’s (www.tauforex.com) official website shows that the broker is headquartered in Australia, with subsidiaries authorized and regulated by the Australian Securities and Investments Commission (ASIC) under license number 488828. However, the company profile page on their website indicates that this broker is the U.S. subsidiary of Japan's TAU Limited, headquartered in Tulsa, Oklahoma, providing retail and commercial banking services to the Midwest and Southwest of the United States. It is one of the top 50 financial services companies in the U.S. and the largest in Oklahoma. Additionally, TAU Limited claims to be authorized and regulated by the National Futures Association (NFA) and the Financial Crimes Enforcement Network (FinCEN) in the United States.
Upon verification, the ASIC website shows that the company with license number 488828 is STAR FUNDS MANAGEMENT PTY LTD, not TAU Limited. Similarly, neither the NFA nor FinCEN have any registered companies under the name TAU Limited.
Therefore, TAU Limited (www.tauforex.com) is essentially a fraudulent broker website with no corporate entity or regulatory oversight.
Additionally, the website design and content of this broker are identical to those of other fraudulent broker websites such as ogm-fx, stockfxmarkets.com, fidelityly, DOMINANT, TREASURY, ManCu IFC, and van-markets.com.
Account Opening Process:
To open an account with TAU Limited: Visit their official website, click on “Register” on the homepage or at the top right corner to access the account registration page. Fill in the required email address and set a password. A verification code will be sent to the provided email, which needs to be entered on the application form before submission. Once submitted, the account is successfully registered. After logging in, identity verification is required to start depositing and trading.
Trading Account Information:
The official website of TAU Limited only discloses information on spreads, trading leverage, margin call/stop out levels, and contract sizes. Other relevant details such as account types, trading commissions, minimum/maximum trade sizes, maximum positions/orders, and minimum price increments are not disclosed.
- Spreads: Variable spreads starting from 1 pip.
- Trading Leverage: 1:100—1:500
- Margin Call/Stop Out Levels: 100%/50%
- Contract Size: 1 lot = 100,000 currency units
Trading Platform:
TAU Limited provides users with the ST5 trading platform, available on both desktop and mobile devices. This platform offers over 50 technical indicators and intraday analysis tools, with functionalities suitable for advanced traders.
Deposits and Withdrawals:
TAU Limited does not explicitly disclose the supported methods for deposits and withdrawals, associated fees, or the minimum deposit/withdrawal amounts on their official website.
Conclusion:
Traderknows reminds investors that TAU Limited is a suspected fraudulent broker with unclear registration and regulatory information and false advertising. The only way to contact them is through email, making their contact method very limited. The website design and content are the same as other fraudulent broker websites like ogm-fx, stockfxmarkets.com, fidelityly, DOMINANT TREASURY, ManCu IFC, and van-markets.com. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
