Comments on TP Trades

In this section we will analyze the broker TP Trades (also called tptrades.com), is a Forex and CFD broker. Is TP Trades really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅

You might be wondering why we review TP Trades. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.

We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

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We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

Essential information: Who does it belong to? Where is located? Is it a regulated broker?

✅ The broker mentions being part of: TP Trades.

✅ Regarding its location, the broker mentions being based in: Hong Kong.

✅ If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.

📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated brokerit's very risky, don't take that risk. 📌

If now we go on to analyze account types offered by TP Trades, we noticed that it offers 3 different types of account / plans: STP IB Account, STP PRO Account and ECN Account. We will leave you an image with a little information about each type of account.

STP IB account: minimum initial deposit of $ 100, spreads from 1.5 pips, leverage up to 1: 500, minimum trade size 0.01 lots, maximum trade size 100 lots, hedging and scalping allowed.

STP PRO account: minimum initial deposit of $ 100, spreads from 0.7 pips, leverage up to 1: 500, minimum trade size 0.01 lots, maximum trade size 100 lots, hedging and scalping allowed.

ECN account: minimum initial deposit of $ 100, spreads from 0.0 pips, leverage up to 1: 500, minimum trade size 0.01 lots, maximum trade size 100 lots, hedging and scalping allowed. $ 7 commission.

 

TP Trades account types
TP Trades account types

In the following image you can have more information about the types of account. Click here to see the image in full size.

La platform to operate that TP Trades offers is: platform MT4.

We will now analyze the different resources and aids for traders that TP Trades provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.

TP Trades website
TP Trades website

TP Trades provides the following aids or resources to traders or stakeholders: just a little information about the company, really not much more than this.

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| Other information about TP Trades |

Some more information in case you want to contact the company, or see its website for yourself.

Website: tptrades.com

Phone number: does not have.

Email: [email protected]

>>> Assessment on TP Trades <<

Ending with this section, in our opinion Do we believe that the company TP Trades is trustworthy? Should you invest your money with the company?

After seeing all this, we recommend to be careful, because: it is an unregulated broker, it is located in a very insecure country (Hong Kong) and there is still a lot of information about the company; when looking for reviews about TP Trades We did not find any other review, we believe that it is a new and unknown broker, without a track record. We suggest using caution.

We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?

You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.

We leave a vote open so that traders, clients and users of the broker can vote.

What do you think of TP Trades? What has been your experience?


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About the author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.

About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.

Do you want more information? You can read more about me here in my biography.

2 comments on «TP Trades: Rating and Comments»

  1. Anna Vazquez Reply

    They are inviting me to invest, but I don't want them to steal my money or scam me. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hi Ana Vazquez, thanks for writing about TP Trades. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

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