Regulation & insurance
The regulatory and insurance details below come from the supplied information and can be verified independently.
What is TAG Markets?
TAG Markets is the broker where the user's personal trading account is opened and where the trading infrastructure and liquidity services are provided.
Through CopyX, the account can then be connected to Sonic.
- Creates their own account
- Completes KYC
- Funds their own account
Regulation & protection
According to the supplied information:
- Trading name
- TAG Markets
- Company
- T.M. Financials Ltd
- Mauritius company number
- C185265
- Regulator
- Financial Services Commission (FSC) Mauritius
- Licence information
- GB21026474
Search for: T.M. Financials Ltd
South Africa entity
- Company
- TM Financials SA (Pty) Ltd
- Registration
- 2024/508189/07
- FSP
- 55237
- Regulator
- Financial Sector Conduct Authority (FSCA)
Client funds insurance
According to the supplied information, T.M. Financials Ltd has an insurance policy in place.
The supplied Certificate of Currency confirms coverage relating to an Insolvency Event.
Maximum amount payable
Up to USD 1,000,000
in respect of the net loss of any one claimant, subject to the terms, conditions and limits of the policy.
Current certificate period
29 April 2026 — 28 April 2027
- This insurance does NOT insure trading performance or protect against normal trading losses.
- Coverage is subject to the terms, exclusions and limits of the actual policy.
Risk
Trading financial markets involves risk. The three categories below all apply at the same time and none of them can be removed by following a strategy.
Trading risk
A 24x account closes automatically at 5% drawdown on the portfolio — that requires 100 consecutive losing trades. A 12x account needs 200 consecutive losing trades to close. In 16+ months of live trading, the highest number of consecutive losses ever measured was 2.
Broker risk
The risk that the broker itself defaults. This is mitigated by regulation (including Mauritius FSC, South African FSCA, CySEC pending), scale (1 million+ clients, $800 billion monthly volume) and insurance via Lloyd's of London up to $1,000,000 per claimant.
Strategy risk
Past results do not guarantee the future. The gold market can change, and the strategy can underperform or fail completely. Only invest capital you can afford to lose entirely — this is not a product with guaranteed returns.
- Past performance does not guarantee future performance.
- Capital is at risk — only risk capital you can afford to lose.
- This website provides educational information only and no individualized investment advice.
Keep reading
Educational information only. This website does not provide personalized investment advice. Trading financial markets involves risk and may result in the loss of capital. Past performance is not indicative of future results.