Main Score & Risk Matrix
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
Tattvam has a critically low score of 3.2/10. Regulatory visibility is weak and investor protection should be treated with extreme caution.
"This broker shows a severe risk profile. Regulatory visibility is weak, investor protection is unclear, and caution is strongly advised before any capital allocation."
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured regulatory license cards have been configured yet.
| Feature | Tattvam | KCM Trade | MH Markets | AvaTrade |
|---|---|---|---|---|
| Operating Period | 2-5 years | See review | See review | See review |
| Region | Mauritius | See review | See review | See review |
| Minimum Deposit | $100 | See review | See review | See review |
| Spread | N/A | See review | See review | See review |
| Trust Score | 3.2/10 | See review | See review | See review |
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners | Low spreads | Suitable for small-capital practice |
| Professional Account | Experienced traders | High leverage | Requires trading volume qualifications |
| Corporate Account | Corporate clients | Customized services | Requires corporate documentation |
| Islamic Account | Traders requiring swap-free options | Swap-free | Eligibility based on religious compliance |
| Demo Account | All traders | Practice trading | For beginners to practice without risk |
The account opening process with Tattvam involves submitting personal, employment, and financial information. Traders are required to verify their identity, which includes providing a form of ID and proof of address. Additionally, there is flexibility to upgrade to a professional account at a later stage, depending on the trader’s evolving needs and qualifications.
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | From 0.3 | $0 | Tight spreads for major currency pairs |
| CFDs (Stocks, Indices, Commodities) | Varies | Varies | Competitive pricing across various assets |
| Cryptocurrencies | Varies | Varies | Dependent on market conditions |
Traders should be aware of several potential fees, including deposit and withdrawal fees, inactivity fees, and overnight interest (swap rates). Additionally, currency conversion fees may apply based on the account’s currency and the transaction type.
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured payment methods have been configured yet.
These are the highest-rated forex brokers registered in Mauritius. Each broker listed below has been evaluated based on licensing status, trading conditions, platform quality, and user feedback within the same regulatory jurisdiction as Tattvam.
The following brokers represent the highest overall trust scores across all regions on our platform. They are selected independently of Tattvam's profile and serve as a benchmark for traders seeking top-tier alternatives worldwide.
Review the regulation section above and verify all license claims directly with the relevant regulator before opening an account.
The currently configured minimum deposit is $100. Always confirm this on the broker website before funding.
The current spread reference configured for this broker is N/A.