TSL Marketplace is a trading and investment platform offering retail and institutional access to CFDs on a range of global assets. Operated by TSL Markets Ltd, the broker positions itself as a multi-asset venue for traders seeking a customisable and globally regulated experience. This TSL Marketplace review outlines its regulatory framework, platforms, trading conditions, account types, and client protections.

Regulation and Safety

TSL Markets Ltd is registered in Mauritius and regulated by the Financial Services Commission (FSC) under licence number GB22200376. As a Mauritius-based broker, TSL operates under a Tier 3 jurisdiction with lighter regulatory scrutiny than European or Tier 1 counterparts. This may concern risk-averse traders, though the broker does maintain some client safeguards.

Funds are reportedly held in segregated accounts, separate from the company’s operational capital. However, TSL Marketplace does not offer negative balance protection or investor compensation schemes, which are commonly available under stricter regulatory regimes such as the FCA (UK) or CySEC (EU).

Execution Model and Trading Platforms

TSL Marketplace follows a Straight Through Processing (STP) model with no dealing desk intervention. This allows client orders to be routed directly to liquidity providers, aiming for faster execution and tighter spreads.

The platform offers MetaTrader 5 (MT5) as its core trading terminal. MT5 is a widely adopted platform that supports multi-asset trading, algorithmic strategies, economic calendars, depth of market (DOM) tools, and advanced order types. It’s available on desktop, web, and mobile.

There is no proprietary platform or API support for advanced trading infrastructure, making TSL less appealing to algorithmic or institutional-grade traders requiring FIX or REST API access.

Markets and Instruments

TSL Marketplace provides access to over 250 trading instruments across:

• Forex – Major, minor, and exotic pairs
• Indices – Global stock indices
• Commodities – Precious metals, energies, and agricultural products
• Cryptocurrencies – Major digital assets like BTC, ETH, LTC
• Shares – CFDs on global equities

While asset diversity is reasonable for retail traders, institutional or professional clients may find the instrument range limited compared to larger multi-asset providers offering bonds, ETFs, or DMA equities.

Accounts, Spreads and Leverage

TSL Marketplace offers three primary account types:

• Standard Account: Commission-free, wider spreads
• Pro Account: Raw spreads with commission per trade
• Swap-Free Account: Islamic-friendly, interest-free overnight positions

Key trading conditions include:

• Minimum deposit: $250
• Spreads: From 0.0 pips on Pro accounts; typically 1.2–1.6 pips on Standard
• Leverage: Up to 1:500 for forex; lower for other asset classes
• Order types: Market, limit, stop, trailing stop, OCO

While leverage is generous, especially for emerging market clients, the absence of dynamic margining or tiered leverage scaling increases risk, particularly for retail traders in volatile markets.

Funding and Base Currencies

Clients can fund accounts using:

• Bank transfers
• Credit/debit cards
• E-wallets (Skrill, Neteller)
• Crypto (BTC, ETH)

Deposits are accepted in multiple base currencies including USD, EUR, GBP, and AUD. The inclusion of crypto funding supports broader international access, though deposit and withdrawal processing times are not clearly stated.

Client Protections and Features

TSL Marketplace provides some safeguards including:

• Segregated client accounts
• Two-factor authentication (2FA)
• MT5 platform-level encryption and protection
• Basic risk disclosure and trade warnings

However, the platform lacks:

• Negative balance protection
• Investor compensation fund
• Third-party fund verification

TSL also does not publicly disclose its Tier 1 liquidity providers or bank partners, reducing transparency.

Institutional and Retail Offering

Retail clients have access to standard MT5 trading, while institutional offerings are minimal. TSL does not provide:

• Dedicated account managers
• White label or prime broker solutions
• Volume-based rebates or custom fee structures
• FIX/API trading infrastructure

This limits its competitive edge in the institutional segment, though it remains a functional option for retail traders seeking MT5-based STP execution.

Pros and Cons

Pros:

• Regulated by FSC Mauritius
• Supports MT5 trading platform
• STP execution model with raw spread options
• Swap-free (Islamic) accounts available
• Leverage up to 1:500

Cons:

• No negative balance protection or investor compensation
• Limited transparency on liquidity providers
• Not suitable for high-frequency or API-based trading
• Regulation in a Tier 3 offshore jurisdiction
• No proprietary tools or analytics

Frequently Asked Questions

Is TSL Marketplace regulated?

Yes, TSL Marketplace is regulated by the Mauritius FSC under licence number GB22200376.

What platforms does TSL Marketplace support?

TSL supports MetaTrader 5 (MT5) across desktop, web, and mobile devices.

Does TSL Marketplace offer negative balance protection?

No, TSL does not provide negative balance protection, increasing the risk of losses beyond deposits.

What account types are available at TSL Marketplace?

TSL offers Standard, Pro, and Swap-Free (Islamic) accounts with varying spreads and commission models.

What is the maximum leverage at TSL Marketplace?

Retail clients can access up to 1:500 leverage on forex instruments.