- Company name: Times Global Capital Group Limited
- Registration/license: No license
- Registration/license requirement: –
Is TGC FX a regulated forex broker or a scam?
no, TGC FX broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.
TGC FX is a broker that offers trading in Forex, as well as CFDs on indices and commodities. The broker is owned and operated by Times Global Capital Group Limited, a company founded in Hong Kong in 2010. It does not claim to be regulated in Hong Kong. Although it mentions being headquartered in the NFA (National Futures Association in the USA)regulation, there is no record of this company in the NFA Register.
The website states that The TGC FX cooperates with the world’s top Banks, including Barclays Bank, HSBC etc, but this information seems to be deluding as well as the NFA registration.
As a general rule, unregulated brokers or those who make false claims, are better to be avoided, as there is a high chance of them to be frauds.
It is better to deal with reputable and properly regulated brokers, like the ones supervised by the FCA or ASIC. In case you are looking for a forex broker operating legally in the United Kingdom, you may check out the list of the FCA-regulated brokers.
No news available.