TMS Brokers – what we know and have as facts about it; TMS Brokers is a brand name of Dom Maklerski TMS Brokers SA, which is registered by the District Court for the Capital City of Warsaw and is authorized and regulated by the Polish Financial Supervision Authority under the number KPWiG-4021-54-1 / 2004. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.
We have found in the Framework Agreement document that there is a warning about a conflict of Interest consisting in the fact that TMS Brokers executes orders by concluding, on its own account, agreements for the purchase or sale of Financial Instruments (transactions) directly with the client. As a result, the negative result of the client may constitute a financial gain for TMS Brokers. In general, dealing with market makers involves a conflict of interest because they do not transmit every customer deal and hope that customers will lose. Every loss of customers is their profit.
We also found that there are some posts in forums about withdrawal issues, poor customer support, extremely high commissions and posting fake positive reviews.
So far, we have not received any complaints from customers of TMS Brokers. If you have any criticism to share with us or feel annoyed by TMS Brokers, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and TMS Brokers if you wish.