The Official Website Of TP TRADES Cannot Be Accessed Properly At The Moment. It Seems That The Company Has Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-07-21 We Have Confirmed After Review That TP TRADES Is An Unregulated Forex Broker
TP TRADES Claims To Be An Experienced Online Broker, But Does Not Provide Detailed Information About Its Regulation. Lack Of Regulatory Information May Be Characteristic Of Unlicensed Traders, As Compliance Dealers Always Display Their Certificates And Business Licenses In A Conspicuous Position. This Is A Red Flag.
Additionally, TP TRADES Shows That Its Company Address Is Located In Hong Kong. However, We Did Not Find Any Results In The Hong Kong Securities And Futures Commission (HK SFC) That Matched TP TRADES. This Means That TP TRADES Is Not Effectively Regulated By Any Regulatory Body To Carry Out Foreign Exchange Trading. Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Law. It Is A Fake Trader.
Since It Is Now Impossible To Access The Broker's Website, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That TP TRADES Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As A Phone Number Or Company Address.
Note: TP TRADES As A, Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
