Forex and CFD broker

Taurex

Website: tradetaurex.com (opens in a new tab) Regulatory status: Verified licence Profile updated

Taurex, formerly Zenfinex, is a forex and CFD brand. Its website tradetaurex.com is run for international clients by Taurex Global Limited, a Seychelles securities dealer licensed by the FSA, which issues the products. Taurex Limited, an FCA-authorised London company, serves professional and institutional clients under the Taurex Prime name, and a Dubai company licensed by the UAE Capital Market Authority introduces clients to the Seychelles company. The UK company’s accounts name Oscar Hilt Tatum IV as its ultimate controlling party.

Research-based assessment This profile has not completed TTI’s on-site verification and 30-day platform review. How TTI verification works

Verified licences

Regulator Licence Legal entity Register status Source
Financial Services Authority Seychelles (FSA) SD092 Taurex Global Limited Authorised Checked 26 Oct 2026 Register entry for Taurex Global Limited (opens in a new tab) 3
Financial Conduct Authority (FCA) 816055 Taurex Limited Authorised Checked 26 Oct 2026 Register entry for Taurex Limited (opens in a new tab) 2
Capital Market Authority (CMA) 20200000224 Taurex Financial Services L.L.C. Authorised Checked 26 Oct 2026 Register entry for Taurex Financial Services L.L.C. (opens in a new tab) 4

Each licence was matched on the regulator’s own register on the date shown. Unverified claims are listed under Regulation and legal entities.

Assessment summary

Taurex’s Seychelles, UK and UAE licences match their regulators’ records; we could not confirm the Sierra Leone licence it names for Zenfinex Africa. International clients deal with Taurex Global Limited, a Seychelles securities dealer. Its terms treat the money clients transfer to support their positions as not client money, so only amounts above that are segregated, make negative balance protection depend on the client’s jurisdiction, say no compensation scheme applies and name no dispute body for complaints. The website tells clients their funds are segregated at top-tier banks, describes ECN execution while the execution policy makes the company counterparty to every trade, and promises withdrawals in under 15 minutes. The FCA-authorised UK company serves professional clients; its audited accounts name Oscar Hilt Tatum IV as ultimate controlling party and say it is under common ownership with the Seychelles company. CySEC settled with group company ZFN Europe Ltd for €20,000 in 2025 over the requirement of authorisation, and Malaysia’s Securities Commission lists Taurex and Zenfinex on its investor alert list.

Key positives

  • Ultimate ownership can be identified 8131516

    The UK company’s audited accounts name Zenfinex Technologies Limited as its immediate parent and O H Tatum IV as ultimate controlling party, and say Taurex Global Limited is related to it through common ownership of the shareholders. Companies House records Oscar Hilt Tatum IV as the person with significant control of the parent; the trade press also reports him as majority owner of Taurex.

  • Permissions cover the services offered 234678

    The FSA lists Taurex Global Limited, which deals with clients as principal, as a securities dealer, and the UAE company holds the introduction and promotion licences that match its role of facilitating accounts with the Seychelles company. The FCA’s published list does not show the UK company’s permissions; it serves professional clients on a matched principal basis.

  • Authorisations are current and unrestricted 234

    The three licences we could check are current, with no suspension or restriction shown.

  • Legal entity details are published 161314

    The footer and global offices page give the full name, registration number and registered office of the Seychelles, UK, UAE and Cyprus companies and of the Sierra Leone and Saint Vincent companies; the UK details match Companies House.

  • A complaints procedure is published 25

    Taurex Global publishes a complaints procedure with an email and postal address, acknowledgement within 2 business days, a response within 21 business days and a final response within 90 days.

Key concerns

  • CySEC settles with Taurex group company ZFN Europe Ltd for €20,000 over the requirement of authorisation 122

    Reduced the enforcement dimension by 10 points (moderate severity, 1.6 years before the review).

  • Listed on the Securities Commission Malaysia Investor Alert List 23

    Reduced the enforcement dimension by 2 points (low severity, 1.8 years before the review).

  • Client money segregation is disclosed 81218

    Not met The Seychelles terms say money a client transfers to cover present and future obligations on positions is not client money unless the company judges it disproportionate, so only amounts above that are segregated in an omnibus account, and the company may keep interest earned on client money. The UK company’s retail terms apply the FCA’s client money rules, but it serves professional clients.

  • An investor compensation scheme applies 1218

    Not met The Seychelles terms say clients will not benefit from any compensation scheme. The UK terms refer to the FSCS, but the UK company serves professional clients.

  • Independent dispute resolution is available 122526

    Not met Neither the Seychelles complaints procedure nor the terms name a regulator or dispute body to which retail clients can take an unresolved complaint. The UK company’s clients can go to the Financial Ombudsman Service, but it serves professional clients.

Breakdown by dimension

Each dimension is scored from its criteria, then weighted. Dimensions without enough evidence are left out and the remaining weights are rescaled. Open a dimension to see every criterion, our rationale and the sources.

Regulatory status and licence verification 26% of score 83 out of 100

Whether the firm’s licences exist, are current and cover what it offers.

  • Partly met

    Client-facing entities appear on the regulator’s register 12345

    We matched Taurex Global Limited on the FSA’s list, Taurex Limited on the FCA’s list and Taurex Financial Services on the UAE register. We could not confirm the Bank of Sierra Leone licence Taurex names for Stochastic Africa (SL) Limited, which does not appear in the bank’s directory lists.

  • Met

    Authorisations are current and unrestricted 234

    The three licences we could check are current, with no suspension or restriction shown.

  • Met

    Permissions cover the services offered 234678

    The FSA lists Taurex Global Limited, which deals with clients as principal, as a securities dealer, and the UAE company holds the introduction and promotion licences that match its role of facilitating accounts with the Seychelles company. The FCA’s published list does not show the UK company’s permissions; it serves professional clients on a matched principal basis.

  • Partly met

    Regulatory claims on the website are accurate 123456910

    The FSA, FCA and UAE licences Taurex lists match the registers, but we could not confirm the Sierra Leone licence. The site also offers clients of the Seychelles company “Multi-Regulated Security” and, among the reasons to trade with Taurex at up to 1:2000 leverage, says Taurex is also regulated by the FCA, whose authorisation belongs to the UK company that serves professional clients.

  • Partly met

    Clients can tell which regulated entity serves them 691112

    The footer and the terms say Taurex Global Limited issues the products on tradetaurex.com, but the regulation page calls Taurex a trading name of both Taurex Limited and Taurex Global Limited, and Taurex Prime is described as a trading name of both companies without saying which serves whom.

Criteria and their weighting are explained in the methodology.

Corporate transparency and ownership 13% of score 89 out of 100

Whether you can find out who owns and runs the firm.

  • Met

    Legal entity details are published 161314

    The footer and global offices page give the full name, registration number and registered office of the Seychelles, UK, UAE and Cyprus companies and of the Sierra Leone and Saint Vincent companies; the UK details match Companies House.

  • Met

    Ultimate ownership can be identified 8131516

    The UK company’s audited accounts name Zenfinex Technologies Limited as its immediate parent and O H Tatum IV as ultimate controlling party, and say Taurex Global Limited is related to it through common ownership of the shareholders. Companies House records Oscar Hilt Tatum IV as the person with significant control of the parent; the trade press also reports him as majority owner of Taurex.

  • Partly met

    Group structure is explained 16814

    Taurex lists its companies and their roles: the Seychelles issuer, the UK company, the UAE introducer, a Cyprus service provider, a Cyprus payment agent and affiliates in Sierra Leone and Saint Vincent. It does not explain how they are owned or name the parent; the UK accounts show only that the UK and Seychelles companies share owners.

  • Partly met

    Directors or senior managers are identified 341113

    Companies House names the UK company’s directors, and the FSA and UAE registers name Nicholas Cooke as representative of the Seychelles company and board member of the UAE company. We found no directors named for Taurex Global Limited, and Taurex’s own site names analysts but not its management.

  • Partly met

    Financial statements are available 817

    The UK company files audited accounts, most recently for 2025 with an unmodified opinion, but it serves professional clients. We found no financial statements for Taurex Global Limited, the company that serves international clients.

Criteria and their weighting are explained in the methodology.

Client fund protections and disclosed safeguards 13% of score 30 out of 100

What protects client money if something goes wrong.

  • Not met

    Client money segregation is disclosed 81218

    The Seychelles terms say money a client transfers to cover present and future obligations on positions is not client money unless the company judges it disproportionate, so only amounts above that are segregated in an omnibus account, and the company may keep interest earned on client money. The UK company’s retail terms apply the FCA’s client money rules, but it serves professional clients.

  • Partly met

    Retail clients have negative balance protection 12

    The Seychelles terms reset negative balances to zero only for accounts in jurisdictions the company designates and while its systems work; elsewhere negative balances are handled case by case, the company may set thresholds such as USD 500, and abusive trading is excluded.

  • Not met

    An investor compensation scheme applies 1218

    The Seychelles terms say clients will not benefit from any compensation scheme. The UK terms refer to the FSCS, but the UK company serves professional clients.

  • Not met

    Banking and custody arrangements are disclosed 1219

    Taurex says client funds are held in “top-tier banks” and the terms in an omnibus account with a regulated financial institution, but neither names the bank.

  • Met

    Withdrawal terms are disclosed 122021

    The funding page gives withdrawal methods and processing times by method, and the payments policy and terms set out the conditions and fees: none in general, up to 3.5% for accounts that have never traded and 0.5% on currency conversions.

Criteria and their weighting are explained in the methodology.

Enforcement and substantiated adverse findings 13% of score 88 out of 100

Regulator warnings, enforcement actions and final legal findings on record.

Starts at 100 and loses points for each substantiated adverse finding by severity and age. Allegations, complaints and clone warnings never count. Total deducted: 12 points.

  • Met

    Warning lists and enforcement records have been searched 222324

    We searched CySEC, FCA, FOS and CVM records, the Indian, Malaysian and Japanese lists and ran web searches. We found CySEC’s 2025 settlement with ZFN Europe Ltd and the Malaysian entries; the FCA warnings that mention Taurex concern clone firms.

  • Enforcement action

    CySEC settles with Taurex group company ZFN Europe Ltd for €20,000 over the requirement of authorisation 122

    31 Mar 2025. Reduced the enforcement dimension by 10 points (moderate severity, 1.6 years before the review).

  • Regulator warning

    Listed on the Securities Commission Malaysia Investor Alert List 23

    1 Jan 2025. Reduced the enforcement dimension by 2 points (low severity, 1.8 years before the review).

Criteria and their weighting are explained in the methodology.

Complaint handling and documented resolutions 8% of score 33 out of 100

How the firm handles complaints, and what independent records show.

  • Met

    A complaints procedure is published 25

    Taurex Global publishes a complaints procedure with an email and postal address, acknowledgement within 2 business days, a response within 21 business days and a final response within 90 days.

  • Not met

    Independent dispute resolution is available 122526

    Neither the Seychelles complaints procedure nor the terms name a regulator or dispute body to which retail clients can take an unresolved complaint. The UK company’s clients can go to the Financial Ombudsman Service, but it serves professional clients.

  • Not determined

    Independent complaint outcomes show no adverse pattern 24

    The Financial Ombudsman Service lists no decisions about Taurex or Zenfinex, and we found no other published dispute outcomes.

  • Not met

    Complaint data is disclosed 1724

    We found no complaint statistics published by Taurex, and neither the FCA’s firm-level complaints data nor the ombudsman’s business data includes the UK company.

Criteria and their weighting are explained in the methodology.

Trading terms and operational transparency 8% of score 94 out of 100

Whether costs, execution and risks are disclosed before you sign up.

  • Partly met

    Costs are disclosed before account opening 71217212728

    Taurex publishes minimum spreads and commissions by account, and its payments policy and terms set out withdrawal, conversion and inactivity fees, but we found no swap rates: the execution policy says swaps are passed on to clients, and the market information documents listed in the legal page’s code have no links.

  • Met

    An order execution policy is published 7

    The best execution policy says the company deals as principal and is the execution venue and counterparty for every trade, explains its pricing from prime of prime brokers and the execution factors, and a conflicts of interest policy is published; the brokers are not named.

  • Met

    The client agreement is available before sign-up 121718

    The Seychelles terms and policies and the UK company’s terms can be read on the websites without an account.

  • Met

    Leverage and margin terms are disclosed 1827

    The account pages give maximum leverage of 1:2000 and a 100% margin call and 20% stop-out for each account, and the dynamic margin page explains how leverage falls with equity and around major events. The UK terms give a 50% margin close-out for retail clients.

  • Met

    Risk warnings are clear and current 629

    Every page carries a risk warning that CFDs carry a high risk of rapid losses due to leverage, and the risk disclosure says Taurex retail accounts have lost money. The FSA does not require a percentage.

Criteria and their weighting are explained in the methodology.

Public disclosures and communication 4% of score 45 out of 100

Whether public claims hold up and the firm communicates openly.

  • Not met

    Marketing claims are accurate and attributable 67121920272830

    The site says Taurex keeps client funds segregated at top-tier banks, while its terms treat the money that supports positions as not client money; it describes ECN execution, while the execution policy makes the company counterparty to every trade; and it promises withdrawals in under 15 minutes, while its funding page gives up to 3 business days by bank wire. Its awards are attributed to named organisers.

  • Partly met

    An address and working contact channels are published 1346132129

    Taurex publishes addresses, telephone numbers and emails for its offices, and the UK and Seychelles physical addresses match Companies House and the FSA. But the Seychelles company’s registered office is given as the Vairam Building on the website and in the terms and as Eden Plaza in its risk disclosure and payments policy, and the UAE company’s registered office differs between the footer, which matches the UAE register, and the global offices page.

  • Partly met

    Material changes are communicated 1217

    Documents are dated and versioned, but the Seychelles terms let amendments take effect immediately, with clients told by email within 14 days afterwards.

Criteria and their weighting are explained in the methodology.

On-site office verification 5% of score 0 out of 100

What our visit confirmed in person: a real, staffed office of the assessed entity, not a ghost address.

We have not checked this firm’s office in person, so this dimension scores zero. We check offices through our on-site verification programme.

  • Not met

    Real office at the stated address, not a ghost address

  • Not met

    Office of the assessed entity

  • Not met

    Staffed and operating

Criteria and their weighting are explained in the methodology.

On-site assessment and platform testing 10% of score Not assessed: no on-site assessment yet

What our on-site checks and 30-day platform testing found.

We have not completed an on-site assessment of this firm, so this dimension does not count and its weight is shared among the others.

  • Not determined

    Company identity

  • Not determined

    Regulatory claims

  • Not determined

    Office visit

  • Not determined

    Account opening

  • Not determined

    Platform usability

  • Not determined

    Costs and disclosures

  • Not determined

    Customer support

  • Not determined

    Deposits and withdrawals

  • Not determined

    Trading functions

  • Not determined

    Complaints process

Criteria and their weighting are explained in the methodology.

Regulation and legal entities

A brand can trade through several companies, each licensed in a different place with different protections. Check which entity your account would be with.

Taurex Global Limited

Client-facing entity · Incorporated in Seychelles · Company number 8428731-1 · International clients of www.tradetaurex.com, as issuer and seller of its products; also trades as Taurex Prime for professional clients

Financial Services Authority Seychelles (FSA) · Reference SD092 3

Securities dealer

Listed by the FSA as a securities dealer with the trade names Zenfinex, Taurex and Taurex Prime; the licence number is Taurex’s own (the register shows none).

Check the register entry yourself (opens in a new tab)

Authorised Verified on register, 26 Oct 2026

Taurex Limited

Client-facing entity · Incorporated in United Kingdom · Company number 11077380 · Professional and institutional clients through Taurex Prime, on a matched principal basis; tradetaurex.com is not directed at UK residents

Financial Conduct Authority (FCA) · Reference 816055 2

First authorised on 11 March 2019; the FCA’s published list does not show its permissions.

Check the register entry yourself (opens in a new tab)

Authorised Verified on register, 26 Oct 2026

Taurex Financial Services L.L.C.

Other · Incorporated in United Arab Emirates · Company number 1381759 · Facilitates the opening of accounts with, and the offer of CFDs by, Taurex Global Limited in the UAE; not authorised to hold client money

Capital Market Authority (CMA) · Reference 20200000224 4

Financial consultations, introduction and promotion (category 5, arrangement and advice)

Open-data record CP-0001251, established on 10 July 2024; the register displays no licence number, so 20200000224 is the number Taurex gives.

Check the register entry yourself (opens in a new tab)

Authorised Verified on register, 26 Oct 2026

ZFN Europe Ltd

Other · Incorporated in Cyprus · Company number HE 411334 · Service provider to the Taurex group, according to Taurex’s global offices page; it holds no CySEC licence

No licence recorded for this entity.

XRT Capital Solutions Limited

Other · Incorporated in Cyprus · Company number HE479928 · Payment agent of Taurex Global Limited for receiving and processing client funds; provides no brokerage, investment or custody services

No licence recorded for this entity.

Stochastic Africa (SL) Limited

Affiliate · Incorporated in Sierra Leone · Company number SL270319STOCH05271 · Trades as Zenfinex Africa; named on Taurex’s global offices page as one of the Taurex companies

Bank of Sierra Leone (BSL) · Reference BSL/SAL/2023 1

Stated by Taurex. The company does not appear in any of the undated lists in the Bank of Sierra Leone’s directory of financial institutions, which may not cover this kind of licence, so we could not confirm it.

Claimed by the firm, not yet verified

Zenfinex Global LLC

Other · Incorporated in St. Vincent & Grenadines · Company number 138 LLC 2019 · Named on Taurex’s global offices page; its role is not stated

No licence recorded for this entity.

Zenfinex Technologies Limited

Holding or parent company · Incorporated in United Kingdom · Company number 12299538 · Immediate parent of Taurex Limited

No licence recorded for this entity.

Dated findings

Warnings, enforcement actions, legal findings, allegations and complaint records are labelled separately. What each label means.

Enforcement action Settled

CySEC settles with Taurex group company ZFN Europe Ltd for €20,000 over the requirement of authorisation 122

· Cyprus Securities and Exchange Commission · Cyprus · Last checked 26 Oct 2026

On 31 March 2025 CySEC’s board agreed a settlement of €20,000 with ZFN Europe Ltd, the Cyprus company that Taurex names as a service provider to its group, for a possible violation, between December 2023 and June 2024, of article 5(1) of the Investment Services and Activities and Regulated Markets Law, which requires authorisation to provide investment services in Cyprus. The company paid the amount; CySEC announced the decision on 28 April 2025.

Regulator warning Active

Listed on the Securities Commission Malaysia Investor Alert List 23

· Securities Commission Malaysia · Malaysia · Last checked 26 Oct 2026

The Securities Commission Malaysia’s Investor Alert List includes “Zenfinex” (www.zenfinex.com) under 2022 and “Taurex” (www.tradetaurex.com and its social media accounts) under 2025, both for carrying on unlicensed capital market activities of dealing in securities. The list gives years without dates; we record one finding dated 1 January 2025. Both entries were still on the list when we checked on 26 October 2026.

Company response

Firms can respond to their profile and to any finding. No response has been published for Taurex. How firms can respond.

Assessment history

Review date Result Methodology Status
26 Oct 2026 Trust score 67 out of 100 Sound 1.2 Current

Corrections and updates

No corrections have been made to this profile.

Sources

  1. 1
    Taurex: global offices (opens in a new tab)

    Taurex Global Limited Company statement Checked 26 Oct 2026

    Lists offices in Dubai, the Seychelles and London, says Taurex is the trading name under which several licensed entities operate and that tradetaurex.com is owned and operated by the regulated Taurex companies. It names Taurex Global Limited, Taurex Limited, Taurex Financial Services L.L.C. (here with its registered office at Office 306, The European Business Centre, Dubai Investment Park), ZFN Europe Ltd (Cyprus HE 411334, Naxou 1, Strovolos, Nicosia, a service provider to the group), Stochastic Africa (SL) Limited, trading as Zenfinex Africa (Sierra Leone SL270319STOCH05271, 148D Wilkinson Road, Freetown, “licensed by the Bank of Sierra Leone under license number BSL/SAL/2023”), and Zenfinex Global LLC (Saint Vincent and the Grenadines, 138 LLC 2019, Hinds Building, Kingstown).

  2. 2
    Financial Services Register: investment firms list (CSV), data as at 25 October 2026 (opens in a new tab)

    Financial Conduct Authority Regulator record Checked 26 Oct 2026 United Kingdom

    Shows Taurex Limited (FRN 816055, LEI 213800QEG3PD7EX69Z44), first authorised on 11 March 2019, with status Authorised. The list does not show permissions.

  3. 3
    FSA Seychelles capital markets register: securities dealers and representatives (opens in a new tab)

    Financial Services Authority Seychelles Regulator record Checked 26 Oct 2026 Seychelles

    Lists Taurex Global Limited among licensed securities dealers at Chang-Sam Suite 3, Office 4, Third Floor, KB Emporium, Providence, Mahe, with the trade names Zenfinex, Taurex and Taurex Prime, the email compliance.sc@zenfinex.com, the websites taurexprime.com, tradetaurex.com and global.mytaurex.com, and Nicholas Cooke as contact. Nicholas Cooke is also listed as a securities dealer representative accredited with Zenfinex Global Limited. The register does not show licence numbers.

  4. 4
    UAE Capital Market Authority, licensed companies: Taurex Financial Services LLC (opens in a new tab)

    Capital Market Authority (UAE) Regulator record Checked 26 Oct 2026 United Arab Emirates

    Lists Taurex Financial Services LLC (CP-0001251) as active, established on 10 July 2024, at Office 1403, 14th Floor, Magnum Opus Tower, Barsha Heights, Dubai, with the website www.tradetaurex.com, the auditor HLB HAMT and active licences for financial consultations, introduction and promotion. Nicholas Cooke is its board member and head of category, and its head of compliance, financial analyst and promotion manager are named. A second record with the same name (CP-0001245) is shown as active with no details. The register does not display a licence number.

  5. 5
    Bank of Sierra Leone: directory of financial institutions (opens in a new tab)

    Bank of Sierra Leone Regulator record Checked 26 Oct 2026 Sierra Leone

    The directory links undated lists of commercial banks, community banks, credit-only and deposit-taking microfinance institutions, discount houses, foreign exchange bureaux, home mortgage finance, leasing companies and capital market firms. None of them names Stochastic Africa, Zenfinex or Taurex.

  6. 6
    Taurex website: home page and footer (opens in a new tab)

    Taurex Global Limited Company statement Checked 26 Oct 2026

    The home page offers leverage of up to 1:2000, “Multi-Regulated Security: trade in a secure, compliant environment trusted by multiple regulators” and “Fast Withdrawals: withdrawals processed in under 15 minutes”. The footer says Taurex and Taurex Prime are trading names of Taurex Global Limited (Seychelles company 8428731-1, FSA licence SD092, registered office Suite 18, Third Floor, Vairam Building, Providence, physical address Suite 3, Office 4, Third Floor, KB Emporium, Providence), which is the issuer and seller of the products on the site and part of a group of affiliated companies. It also names Taurex Limited (England and Wales 11077380, FCA 816055, 4th Floor, 4 Eastcheap, London), Taurex Financial Services L.L.C. (Dubai 1381759, UAE CMA licence 20200000224, category 5, not authorised to hold client money, Office 1403, Magnum Opus Tower, Barsha Heights), which facilitates the opening of accounts with the Seychelles company, and XRT Capital Solutions Limited (Cyprus HE479928), its payment agent. The risk warning gives no share of losing accounts. The site says it is not directed at residents of Spain, France, Malaysia, the United States, Canada, Myanmar, North Korea, Iran, Belgium, Japan or the United Kingdom, yet it is offered in Malay among other languages.

  7. 7
    Taurex Global Limited best execution policy (version 2.1) (opens in a new tab)

    Taurex Global Limited Company document Checked 26 Oct 2026 Seychelles

    The company deals with clients as principal, is the execution venue for all orders and is always the counterparty; clients must close positions with it. Prices are an aggregated price from its prime of prime brokers, which it does not name, plus a mark-up or commission; swaps are passed on to clients. The policy sets out the execution factors and how conflicts are managed. A conflicts of interest policy (version 3.1, 25 September 2026) is published.

  8. 8
    Taurex Limited: full accounts for the year to 31 December 2025 (opens in a new tab)

    Companies House Official filing Published 1 Sept 2026 Checked 26 Oct 2026 United Kingdom

    Approved on 27 April 2026, filed on 1 September 2026 and audited by Fisher, Sassoon and Marks, which gave an unmodified opinion. Turnover was £5,623,779 (2024: £1,946,407) and profit before tax £115,607 (2024: loss of £1,706,008). Turnover included fees of £5,548,138 from Taurex Global Limited, which owed £1,079,467 at the year end; the notes say the companies are related through common ownership of the shareholders. The directors say the company serves existing professional clients on a matched principal basis through straight-through processing. The notes name Zenfinex Technologies Limited as immediate parent and O H Tatum IV as the ultimate controlling party.

  9. 9
    Taurex: global regulations (opens in a new tab)

    Taurex Global Limited Company statement Checked 26 Oct 2026

    Under “Secure and Regulated Trading” the page says “Taurex is the trading name of Taurex Limited, Taurex Global Limited” and lists one regulator, the FSA Seychelles, for Taurex Global Limited (8428731-1, licence SD092). It calls Taurex a regulated broker committed to safeguarding client funds.

  10. 10
    Taurex: frequently asked questions (opens in a new tab)

    Taurex Global Limited Company statement Checked 26 Oct 2026

    Under “Why Trade Commodities With Taurex?” the answer lists leverage of up to 1:2000 and “Compliance with international regulatory standards” and adds that “Taurex is also regulated by the Financial Conduct Authority (FCA) in the United Kingdom”. Another answer tells affiliates that referred clients gain access to a “multi-regulated trading ecosystem”.

  11. 11
    Taurex Prime website (opens in a new tab)

    Taurex Limited Company statement Checked 26 Oct 2026

    Offers institutional liquidity, MetaTrader and FIX API access and prop firm services to brokers, hedge funds, regulated asset managers and professional traders. The footer says Taurex Prime is the trading name of Taurex Limited and Taurex Global Limited, with their numbers, licences and addresses, and that the service is available to professional clients only. zenfinex.co.uk redirects here, and zenfinex.com to tradetaurex.com.

  12. 12
    Taurex Global Limited terms and conditions (version 11, 20 October 2026) (opens in a new tab)

    Taurex Global Limited Company document Published 20 Oct 2026 Checked 26 Oct 2026 Seychelles

    Agreement with Taurex Global Limited (Seychelles company 8428731-1, Suite 18, Third Floor, Vairam Building, Providence), regulated by the FSA under SD092. Money a client transfers to cover present and future obligations on positions (“Operational Amounts”) is not client money unless the company finds the transfer disproportionate to the positions; only amounts above that are client money, held in a segregated omnibus account with a regulated financial institution (clauses 16.1 to 16.3), and the company may keep interest earned on client money. Negative balance protection resets a balance to zero only for accounts in jurisdictions the company designates, elsewhere negative balances are handled case by case, the company may set thresholds (for example USD 500), and it does not apply to abusive trading (clause 24). The client “will not benefit from any compensation scheme”. Positions may be closed when margin falls below 100%. An account inactive for 90 days may be charged USD 20 a month. Amendments may take effect immediately, with the client told by email within 14 days afterwards. There is no complaints or dispute resolution clause; Seychelles law and the non-exclusive jurisdiction of its courts apply.

  13. 13
    Companies House: Taurex Limited (11077380) (opens in a new tab)

    Companies House Official filing Checked 26 Oct 2026 United Kingdom

    Incorporated on 22 November 2017 as Zenfin Limited, named Zenfinex Limited from 4 May 2018 to 4 March 2025; registered office 4th Floor, 4 Eastcheap, London EC3M 1AE. Directors: Dr Andrey Mirkin (since 3 September 2026) and Matthew Charles Wright (since 13 November 2025); Zahid Mahmood and Volkan Ozugur resigned in 2026. Zenfinex Technologies Limited (12299538) has held 75% or more of the shares and votes since 24 April 2020; before that Nicholas James Cooke held more than half.

  14. 14
    GLEIF LEI record: TAUREX GLOBAL LIMITED (213800YIQI61UJWK5R92) (opens in a new tab)

    Global Legal Entity Identifier Foundation Regulator record Checked 26 Oct 2026 Seychelles

    TAUREX GLOBAL LIMITED, Seychelles company 8428731-1, formerly ZENFINEX GLOBAL LIMITED, at Chang-Sam Suite 3, Office 4, Third Floor, KB Emporium, Mahe, created 30 July 2020. No parent is reported; the exception given is that it is controlled by natural persons, who are not named. GLEIF also lists ZENFINEX GLOBAL LLC (Saint Vincent and the Grenadines, 138 LLC 2019, Hinds Building, Kingstown, LEI 213800DTRV4BR3GCAA55), whose LEI lapsed in July 2025.

  15. 15
    Companies House: Zenfinex Technologies Limited (12299538) (opens in a new tab)

    Companies House Official filing Checked 26 Oct 2026 United Kingdom

    A financial services holding company incorporated on 5 November 2019, registered care of Fladgate LLP, 16 Great Queen Street, London. Its sole director and its person with significant control, holding 75% or more of the shares and votes since incorporation, is Oscar Hilt Tatum IV, a national of Saint Kitts and Nevis living in the United Arab Emirates.

  16. 16
    Taurex denies allegations of fraud and withdrawal issues (opens in a new tab)

    FX News Group Secondary reporting Published 24 Apr 2025 Checked 26 Oct 2026

    Reports that Taurex rebranded from Zenfinex in late 2023, that the company was founded in the UK in 2017 by its Dubai-based group CEO Nick Cooke and that it is majority controlled by Oscar Hilt Tatum IV. It reproduces a Taurex statement denying unattributed online claims of fraud and withdrawal problems and naming look-alike websites it says are not connected to it.

  17. 17
    Taurex: legal documents (opens in a new tab)

    Taurex Global Limited Company statement Checked 26 Oct 2026

    Publishes, without an account, Taurex Global Limited’s terms and conditions, complaints procedure, best execution, conflicts of interest, risk disclosure, payments, rollover, privacy and cookie policies. The page’s code also holds entries for three market information documents (Standard, PRO and RAW markets) that carry no links and are hidden from visitors.

  18. 18
    Taurex Limited terms and conditions (version 9.1, 1 March 2025) (opens in a new tab)

    Taurex Limited Company document Published 1 Mar 2025 Checked 26 Oct 2026 United Kingdom

    Terms of Taurex Limited (FCA 816055) for retail and professional clients. Retail client money is held under the FCA’s client money rules, segregated from the company’s money, possibly with banks outside the UK; per se professional clients and eligible counterparties transfer full ownership of their money. Retail clients have negative balance protection and a 50% margin close-out. Information on FSCS compensation is available on request.

  19. 19
    Taurex: safety of funds (opens in a new tab)

    Taurex Global Limited Company statement Checked 26 Oct 2026

    Says Taurex keeps client funds segregated from the company’s operational accounts, “holding them in top-tier banks”, which it does not name, so that client assets are protected even in financial distress, and that its operations are regularly audited.

  20. 20
    Taurex: fees, deposits and withdrawals (opens in a new tab)

    Taurex Global Limited Company statement Checked 26 Oct 2026

    Lists deposit and withdrawal methods with currencies and processing times: withdrawals up to 3 hours by card, up to 24 hours by mobile payments, Apple Pay and Google Pay, up to 3 business days by bank wire and instant by Skrill, Neteller and crypto. Methods vary by region, and fees are referred to the payments policy.

  21. 21
    Taurex Global Limited payments policy (version 4.1, 1 May 2026) (opens in a new tab)

    Taurex Global Limited Company document Published 1 May 2026 Checked 26 Oct 2026 Seychelles

    Taurex generally charges no deposit or withdrawal fees but may pass on third-party costs; withdrawals from accounts with no trading activity are charged up to 3.5%; currency conversions by Taurex cost 0.5%; inactivity fees follow the terms. The header gives the company’s address as F20, 1st Floor, Eden Plaza, Eden Island, while the text gives the registered office at the Vairam Building.

  22. 22
    CySEC board decision: settlement with ZFN Europe Ltd (€20,000) (opens in a new tab)

    Cyprus Securities and Exchange Commission Regulator record Published 28 Apr 2025 Checked 26 Oct 2026 Cyprus

    Board decision of 31 March 2025, announced on 28 April 2025: CySEC reached a settlement of €20,000, which the company has paid, with ZFN Europe Ltd for a possible violation of article 5(1) of the Investment Services and Activities and Regulated Markets Law of 2017, the requirement of authorisation, in the period December 2023 to June 2024. No judicial review is recorded.

  23. 23
    Investor Alert List (opens in a new tab)

    Securities Commission Malaysia Regulator record Checked 26 Oct 2026 Malaysia

    Includes “Zenfinex” (www.zenfinex.com and a Zenfinex Malaysia Facebook page) under 2022 and “Taurex” (www.tradetaurex.com and its Instagram, Facebook and X accounts) under 2025, both for carrying on unlicensed capital market activities of dealing in securities.

  24. 24
    Searches of regulator records and alert lists for Taurex, Zenfinex and their companies (opens in a new tab)

    Cyprus Securities and Exchange Commission; and others Regulator record Checked 26 Oct 2026

    On 26 October 2026 we searched CySEC’s board decisions (all 1,173 to 2 October 2026 and the latest page, to 16 October 2026), the FCA’s list of investment firms, warnings and fines tables, the Financial Ombudsman Service’s decisions, the CVM’s declaratory acts dataset (to May 2026), the Reserve Bank of India’s alert list (19 November 2025), Bank Negara Malaysia’s Financial Consumer Alert List, the Securities Commission Malaysia’s Investor Alert List and the Japan FSA’s list of warned unregistered firms (23 October 2026) for Taurex, Zenfinex and the company names, and ran web searches for actions by Consob, the CNMV and others. We found CySEC’s 2025 settlement with ZFN Europe Ltd and the two Malaysian entries. The FCA’s four warnings that mention Taurex or Zenfinex (2022 to 2026) concern clone firms impersonating the UK company and are not findings about it.

  25. 25
    Taurex Global Limited complaints handling procedure (version 2.1, 25 September 2026) (opens in a new tab)

    Taurex Global Limited Company document Published 25 Sept 2026 Checked 26 Oct 2026 Seychelles

    Complaints go to compliance.sc@tradetaurex.com or by post to Suite 3, Office 4, Third Floor, KB Emporium, Providence. They are acknowledged within 2 business days, answered or updated within 21 business days and finally answered within 90 days. The procedure names no regulator or dispute body to which an unresolved complaint can be taken. Part of the document is an image, which we read with text recognition.

  26. 26
    Taurex Limited complaints procedure (version 3.2, 1 March 2025) (opens in a new tab)

    Taurex Limited Company document Published 1 Mar 2025 Checked 26 Oct 2026 United Kingdom

    Complaints to the UK company receive a final response within 8 weeks, after which eligible complainants may go to the Financial Ombudsman Service, whose contact details are given.

  27. 27
    Taurex: account types (opens in a new tab)

    Taurex Global Limited Company statement Checked 26 Oct 2026

    Compares the Standard Zero (no minimum deposit, spreads from 1.4 pips, no commission), Pro Zero (USD 100, from 1 pip) and Raw (USD 500, from 0.0 pips plus USD 3.0 per side) accounts, each with leverage of up to 1:2000 on forex and CFDs and a 100% margin call and 20% stop-out; Standard Zero and Raw are labelled ECN execution. The dynamic margin page adds that maximum leverage falls as equity grows and is capped at 1:200 on forex and metals around high-impact events.

  28. 28
    Taurex: pricing (opens in a new tab)

    Taurex Global Limited Company statement Checked 26 Oct 2026

    Says Taurex’s spreads and commissions are “among the most competitive in the industry”, with commissions as low as USD 2 per lot per side (the table beside it shows USD 3.0), and that “our ECN execution model ensures transparency”, with trades executed automatically without human intervention. No swap rates are shown.

  29. 29
    Taurex Global Limited risk disclosure policy (version 3.1, 25 September 2026) (opens in a new tab)

    Taurex Global Limited Company document Published 25 Sept 2026 Checked 26 Oct 2026 Seychelles

    Addressed to retail clients; warns that forex and CFDs carry a high risk of losing money rapidly due to leverage and that Taurex retail accounts have lost money, without a percentage. It gives Taurex Global Limited’s registered office as F20, 1st Floor, Eden Plaza, Eden Island, Seychelles.

  30. 30
    Taurex: awards and recognition (opens in a new tab)

    Taurex Global Limited Company statement Checked 26 Oct 2026

    Lists awards with their organiser, place and date, for example Best Forex Investment Platform at Forex Expo Dubai (October 2025) and Best CFD Broker at Rankia Lima (2023), and describes Taurex as “Globally Regulated” and offering deposit bonuses.

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