TCP Markets is a foreign exchange broker founded in the United States, mainly providing investors with foreign exchange, commodities, stocks, indices trading services, the company's official website only supports English as the language of use. The TCP Markets account registration page is also available in English only.
Company background:
TCP Markets website information shows that the company is registered in New York, USA. However, the website of the state government of New York did not find any registration information related to the company. In addition, according to the domain name registration information of the website queried by Whois, the domain name of the company's official website was registered on December 13, 2022, and the domain name registration time is not more than 1 year ago.
Account Registration:
TCP Markets official website provides investors with real account, demo account registration link. The way to register a real account is: Click "Sign Up" in the upper right corner of the official website of TCP Markets, or "GET STARTED or REDISTER NOW" on the home page of the official website of TCP Markets to enter the registration page, select or fill in the name, Email, user name, country, password, account type, account currency and other information as required. And select "LIVE" to complete the real account registration. The registration method for the demo account is: Click "Sign Up" in the upper right corner of the official website of TCP Markets, or "GET STARTED or REDISTER NOW" on the home page of the official website of TCP Markets to enter the registration page, select or fill in the name, Email, user name, country, password, account type, account currency and other information as required. Select "DEMO" to complete the demo account registration. The TCP Markets official account registration page is in English only.
Account Type:
According to the website of TCP Markets, the company offers investors different types of trading accounts in STARTER, BRONZE, SILVER, GOLD and PLATINUM species. The TCP Markets website also provides the differences between the five trading accounts in terms of minimum deposits, spreads, margin (leverage) ratios, and customer service.
Trading Products:
According to the official website of TCP Markets, the company provides investors with foreign exchange, commodities, stocks, indexes trading services. However, the official website of TCP Markets only provides specific trading products covered by foreign exchange, commodities, stocks, and indexes, and does not provide information on commissions, spreads, minimum trading units, maximum trading units, and overnight interest of specific trading products covered by foreign exchange, commodities, stocks, and indexes.
Margin ratio:
Although the TCP Markets website shows the margin (leverage) ratio of different account types in the "Account type", the TCP Markets website does not provide the margin (leverage) ratio information of specific trading products covered by foreign exchange, commodities, stocks and indexes.
Trading Hours:
The TCP Markets website does not provide trading hours for specific trading products covered by Forex, commodities, stocks and indices.
Deposits and Withdrawals:
TCP Markets only explains some deposit and withdrawal problems in the "Frequently Asked Questions" on the official website, but the official website of TCP Markets does not clearly provide information about the deposit and withdrawal methods and channels supported by it, the deposit and withdrawal currency, fees and deposit and withdrawal time.
Trading Software:
The TCP Markets website does not provide information on trading software. Under normal circumstances, the Android version of the trading software in some countries or regions, there is a problem that the download and installation cannot be downloaded or downloaded and installed slowly.
Regulatory information:
The TCP Markets website does not provide regulatory or authorization information it has obtained. The information on the official website of TCP Markets shows that the regulatory agencies registered in the United States - the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA) website, did not find any regulatory or authorization information related to the company.
Summary:
TCP Markets is suspected of fraud. On the one hand, the information on the official website of TCP Markets shows that it is registered in New York, but the website of the state government of New York, the United States, has not queried any registration information related to the company. On the other hand, the TCP Markets website does not provide the regulatory or authorization information it has obtained. The information on the official website of TCP Markets shows that the regulatory agencies registered in the United States - the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA) website, did not find any regulatory or authorization information related to the company. According to this judgment, TCP Markets is suspected of fraud, and investors should be careful to choose the services provided by the company. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
