According to research in South Africa, TP Global FX is a Forex, Cryptocurrency, and CFD brokerage that values transparency and technological innovation with over 150 trading instruments and a minimum deposit of $50. TP Global FX offers traders a demo account and swap-free option for trading.
TP Global FX at a glance
| 🔍 Broker's Name | TP Global FX |
| 📍 Headquartered | PortVila, Vanuatu, Dubai |
| 📅 Year Founded | 2017 |
| ⚖️ Regulating Authorities | Vanuatu Financial Services Commission (VFSC) FSC Mauritius |
| 📝License number | 25274 BC |
| 🌐 Countries not accepted for trade | US |
| ☪️ Islamic account (swap-free) | Yes |
| 📒 Demo Account | Yes |
| 🏛 Institutional Accounts | Yes |
| 💼 Managed Accounts | Yes |
| 📊 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $50 |
| 💳 Deposit Options | Bitcoin Payments, Wire Transfer, Fairpay, Tether |
| 💳 Withdrawal Options | Bitcoin Payments, Wire Transfer |
| 📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad. |
| 📉 Platform Types | MT4, MT5, Mobile app, TPG Trader |
| 📈 Tradable assets offered | Forex, CFDs, indices, commodities, Cryptocurrencies |
| 💳 Open an account | 👉 Click Here |
|---|
Overall Rating
4.6/5
Rated #551 of
Recommended FX Brokers
Minimum Deposit $50
Regulators VFSC, FSC
–
Yes
📈 Total Pairs
–
Islamic Account Yes
Trading Fees Low
24 Hours
A Quick Overview of our TP Global FX Review – 22 Key Points
- ☑TP Global FX at a glance
- ☑Who is TP Global FX?
- ☑TP Global FX Safety and Security
- TP Global FX Pros and Cons
- TP Global FX Leverage
- TP Global FX Accounts
- TP Global FX Market Instruments
- TP Global FX Fees, Spreads, and Commissions
- TP Global FX Deposit and Withdrawal
- TP Global FX Trading Platforms
- How to open a TP Global FX account
- TP Global FX Customer Support
- TP Global FX Education
- TP Global FX Research
- TP Global FX Awards
- TP Global FX vs TMS Brokers Vs Tier1FX – A Comparison Table
- TP Global FX – Top Countries by Similar Web
- TP Global FX Popularity Trends
- TP Global FX Customer Reviews
- TP Global FX Conclusion
- TP Global FX Disclaimer
- Frequently Asked Questions
Who is TP Global FX?
According to research in South Africa, TP Global FX is a forex and CFD brokerage that values transparency and technological innovation. Over 150 trading instruments, real STP pricing (spreads start at 0.1 pips), and a variety of training resources are just a few of the features provided by the broker.
They intend to revolutionize the forex market by employing cutting-edge investment technology and educating their clients and affiliates. Furthermore, the firm offers a customized copy trading service.
A Forex broker, such as TP GLOBAL FX, gives traders access to one or more platforms through which they can buy and sell foreign currencies. These broker companies are used by retail currency traders to gain access to the 24-hour currency market,
Institutional clients and large corporations, such as investment banks, can also benefit from forex broker services. TP Global FX was founded in 2017, and the broker is governed by the Vanuatu government, with its headquarters in Dubai. Among other places, they have offices in Cyprus, Mauritius, Armenia, Nigeria, and Vanuatu.
TP Global FX Safety and Security
One of the best benchmarks to measure the safety of a broker like TP Global FX is to establish which regulating authorities are watchdogs over its actions. In general, “offshore” brokers have a bad reputation and potential investors should avoid them. Second, the safety of clients’ cash should be guaranteed, and in the event of default or bankruptcy, a safety net should be in place to protect customers from further losses.
The SVG FSA, in St. Vincent and the Grenadines, registered TP Global Services Limited offshore. TP Global FX claims that it also holds regulations in Vanuatu and Mauritius. Client funds are kept in segregated accounts. TP Global FX Africa Limited is a Nigerian company incorporated under the Companies and Allied Matters Act 1990.
TP Global FX Pros and Cons
| ✔️ Pros | ❌ Cons |
| Secure login offered | HIgh Minimum Deposit |
| 1:500 leverage available | Off shore broker |
| True STP pricing | |
| Competitive spreads | |
| Copy trading functionality | |
| MT4 & MT5 trading platforms |
TP Global FX Leverage
TP Global FX offers a maximum leverage ratio of 1: 500 on all accounts.
| 📊 TP Global FX Maximum Leverage | 1:500 |
| 📌 Open an account | 👉 Click Here 👈 |
|---|
Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.
Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.
For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal to or more than 100% to be able to open new trades otherwise, your trading account will be fully hedged.
TP Global FX Accounts
TP Global FX offers traders the option of three live trading account types such as the standard account, the pro account, and the institutional account. A demo account and a swap-free option are also offered by the broker.
Below are the live trading account types offered:
TP Global FX Demo Account
The TP Global FX demo account allows users to trade in simulated market conditions with £1,000,000 in virtual funds. The account teaches the user to read charts, open and close positions, and trade in real-time conditions without losing money.
TP Global FX Standard Account
The Standard account has a minimum deposit of $50, zero commission, spreads from 0.1 pips and leverage up to 1:500 which is ideal for beginners.
TP Global FX Pro Account
For the Pro Account, the minimum deposit is $500, a $15 commission is charged per lot, spreads start from 0.2 pips and leverage up to 1:500 can be used, which is ideal for intermediate traders.
TP Global FX Institutional Account
The Institutional Account needs a minimum deposit of $25,000, $8 commission is charged per lot, spreads start from 0.2 pips, and leverage up to 1:200 can be used, which is ideal for veteran traders. Scalping is allowed but it should be more than 90 seconds.
TP Global FX Islamic Account
TP Global FX offers Islamic accounts, or swap-free accounts on the Standard, Pro, and Institutional accounts. Immediate currency transfer and transaction payments with zero interest are offered.
TP Global FX Market Instruments
TP Global FX offers the following below:
▶ Metals – Gold, silver, and platinum
▶ Commodities – Oil, cocoa, cotton, coffee, and sugar
▶ Indices – Most major indices including Dow Jones, Nasdaq, and Dax
▶ Forex – USD, EUR, GBP pairs along with minor and emerging currencies
▶ Stocks – Variety of global shares including major players like Apple, Amazon, Tesla, and Facebook
▶ Cryptocurrency
Overall Rating
4.6/5
Rated #551 of
Recommended FX Brokers
Minimum Deposit $50
Regulators VFSC, FSC
–
Yes
📈 Total Pairs
–
Islamic Account Yes
Trading Fees Low
24 Hours
TP Global FX Fees, Spreads, and Commissions
Cost depends on different factors, like spread and margins, and TP Global FX clients may also experience different fee structures according to their country or place of residence.
TP Global FX offers the following spreads and commissions on its different accounts:
▶ the Standard accounts fees are all included in spreads and typical spreads on major pairs are between 0.1 and 1 pips.
▶ A Pro account offers very tight spreads, between 0.1 and 0.5 pips on major pairs but commission is high at $15 per lot.
▶ Spreads on the VIP account are also low, from 0.2 pips, with a commission of $8 per lot.
TP Global FX Deposit and Withdrawal
| TP Global FX Minimum Deposit | $50/ 900 ZAR |
| ⭐ Open an account | 👉 Click Here 👈 |
|---|
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ. The minimum deposit amount at TP Global FX is $50. There are no deposit fees, but transactions can only be made through Tether, Bitcoin, or bank transfer.
If you deposit with Bitcoin or Tether, you can only withdraw the money in the same way. Deposits made via wire transfer can be withdrawn via bank transfer, Bitcoin, Tether, and various payment methods offered. There are no withdrawal fees for Bitcoin or Tether.
A minimum withdrawal of $1,000 is required for bank transfers. Payments below that threshold are subject to a fee. During the week, Bitcoin and Tether transfers take between 12 and 24 hours to complete, whereas international bank transfers can take 5 to 6 working days.
TP Global FX Trading Platforms
The forex trading platform provided by TP Global FX to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms. A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes.
The decision about which platform to choose will usually depend on what a client would like to trade. TP Global FX offers MT4 and MT5 as well as the TP Global Trader in-house platform. Mobile apps are offered.
How to open a TP Global FX account
TP Global FX to ascertain your submitted details and ensure the safety of your funds and account details.
Step 1 – Navigate to the TP Global FX website
Select “Register” on the TP Global FX homepage to begin the account registration process
Step 2 – Account Registration
Provide your first and last name, email address, and telephone number. Fill in the verification code and click “Create Account” to proceed.
Obtain your TP Global credentials from the email address provided.
TP Global FX Customer Support
Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it. In the case of TP Global FX customers can reach the support team by means of email, telephone, live chat, or via a support message on the website.
TP Global FX Education
Before starting to trade, potential clients of TP Global FX should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. TP Global FX website features a blog that is home to daily technical analysis reports and regular market news and the broker has an Education app called FX Edu.
TP Global FX Research
To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible.
With TP Global FX traders have access to an economic calendar and forex calculator. Webinars, educational videos, and online mentors will also soon be made available on the TP Global FX website.
TP Global FX Awards
Being an awarded company instills extra confidence in traders. TP Global FX claims to have won the following awards: Most transparent broker award, Best Affiliate/IB Programme award, and Best FX Education broker.
TP Global FX vs TMS Brokers Vs Tier1FX - A Comparison Table
| 🥇 TP Global FX | 🥇 TMS Brokers | 🥇 Tier1FX | |
| 💳 Minimum Deposit | $50 | $15 000 Max Deposit | $1000 |
| ⤴ Maximum Leverage | 1:500 | 1:30 | 1:100 |
| 🎉 Rewards Programs | ☑ Yes | ☑ Yes | None |
| 💻 MetaTrader 4 Platform | ☑ Yes | ☑ Yes (MT5) | None |
| ⭐ Open an account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
|---|
TP Global FX - Top Countries by Similar Web
| Top Countries | 📌 % of Traders |
| 🌍 India | 33.85% |
| 🌍 United Arab Emirates | 30.23% |
| 🌍 United States | 17.81% |
| 🌍 Zimbabwe | 10.02% |
| 🌍 Iraq | 3.71% |
| 🌍 Others | 4.38% |
TP Global FX Popularity Trends
According to Google Trends, here is an overview of how frequently the search term – “TP Global FX” is entered into Google’s search engine over a given period of time.
TP Global FX Customer Reviews
I have been a TP for the last 2 years
I have been a TP for the last 2 years. Working with Global FX. I have found excellent customer service in many countries, instant deposits and withdrawals, local bank deposit facilities, and TP. Got a lot of valuable trust from Global FX. Thank you, TP. Global FX – Ahmd
I am facing a keyboard problem in TP…
I am facing a keyboard problem in TP Global FX but I have found this app to be very useful, I have made a lot of profit last week. And I think this keyboard problem will also be solved by you soon. thanks a lot tp global fx- Hassan
I have been trading with TP Global FX…
I have been trading with TP Global FX for over a month. This is a really reliable broker. I highly recommend this broker!- Zman
TP Global FX Conclusion
Overall, TP Global FX is a young broker with a strong educational and technology innovation-focused attitude. However, the absence of top-tier regulators is a disadvantage. Additionally, the restricted products offered and account protections make it difficult to trust TP Global FX.
Overall Rating
4.6/5
Rated #551 of
Recommended FX Brokers
Minimum Deposit $50
Regulators VFSC, FSC
–
Yes
📈 Total Pairs
–
Islamic Account Yes
Trading Fees Low
24 Hours
TP Global FX Disclaimer
TP Global FX warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.
Before deciding to trade with TP Global FX, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
TP Global FX warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence TP Global FX cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
Frequently Asked Questions
What is the overall rating out of 10 for TP Global FX?
TP Global FX holds an overall rating of 6/10
Does TP Global FX have a demo account?
Yes, a TP Global FX demo account is available.
How many instruments can I trade with TP Global FX?
You can trade several different instruments with TP Global FX, which include the following:
- Forex,
- CFDs,
- Indices
- Commodities
- Cryptocurrencies
Which platforms are supported by TP Global FX?
TP Global FX provides the following popular trading platforms:
- MT4,
- MT5
Does TP Global FX offer leverage?
Yes, TP Global FX offers maximum leverage of up to 1: 500.
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