Abstract:Established in 2017, TP Global FX is a forex and CFD broker owned and operated by TP Global Services Limited, which is registered in St. Vincent and the Grenadines with Number 25274 BC 2019. TP Global FX says it offers more than 150 trading instruments through advanced MT4 & MT5 trading platforms, with spreads on major pairs as low as 0.1 pips.
General Information
Established in 2017, TP Global FX is a forex and CFD broker owned and operated by TP Global Services Limited, which is registered in St. Vincent and the Grenadines with Number 25274 BC 2019. TP Global FX says it offers more than 150 trading instruments through advanced MT4 & MT5 trading platforms, with spreads on major pairs as low as 0.1 pips.
Regulatory Information
TP GLOBAL LTD, authorized and regulated by the Financial Services Commission, Mauritius (FSC), with Regulatory License No. GB21026474
HNT GROUP LIMITED, authorized and regulated by Vanuatu Financial Services Commission (VFSC), with Regulatory License No. 40409
Market Instruments
TP Global FX offers a diversified range of tradable instruments, which include Forex currency pairs, Metals, CFDs, Indices, Stocks, and more.
Minimum Deposit
TP Global FX offers investors three different types of accounts, the Standard Account (minimum deposit of $200), the Pro Account (minimum deposit of $500), and the Institutional Account (minimum deposit of $25,000). The minimum initial deposit of acceptable $200 is in line with the industry standards.
TP Global FX Leverage
Trading leverage differs depending on trading accounts. The Standard and Pro accounts offer the maximum leverage of up to 500:1 for forex and precious metal trading. The institutional account offers the maximum leverage of up to 1:200. Since trading leverage can magnify gains as well as losses, traders should take care when using it.
Spreads & Commissions
Trading costs (spreads & commissions) are significantly affected by what trading accounts you are holding. The minimum spread for standard accounts starts at 0.1 pips, and no commission is charged for trading. The minimum spread for Pro accounts starts from 0.2 pips, with a commission of $15 per lot charged. Institutional accounts have spreads starting from 0.1 pips and commissions of $8 per lot.
Trading Platforms
TP Global FX offers traders market-leading and highly acclaimed MT4 & MT5 accounts. MT4 is the industry's leading forex trading platform with a user-friendly interface, powerful charting tools, and data analysis tools that help traders develop their trading strategies and make trading a comfortable experience. MT5 is an upgraded version of MT4, and users can choose flexibly according to their actual needs.
Deposit & Withdrawal
Traders can deposit and withdraw funds to their TP GlobalFX accounts via Bitcoin, Wire Transfer, and USDT. Wire transfers require a minimum deposit of $1000, otherwise, a fee will be incurred.
Customer Suppport
TP Global FX provides clients with a client support team who are available 24/5 and can be reached via telephone (+44 7441 416320), email (support@tpglobalfx.com), Live Chat, and social media.