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TBX CAPITAL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://tbxcapital.com/register, about the company's legal and temporary regulatory information, the company's address .

TBX CAPITAL Forex Broker

Basic Information

Registered Region

Saint Vincent and the Grenadines

Operating Period

Company Name

KeyStart Trading LTD

Abbreviation

TBX CAPITAL

Company employee

Customer Service Email Address

support@tbx-capital.com

Contact Number

+442080895792

Company Website

https://tbxcapital.com/

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Aspect Information Registered Country/Area Saint Vincent and the Grenadines Founded Year 2-5 years Company Name TBX CAPITAL Regulation Not regulated Minimum Deposit Not specified Maximum Leverage Up to 1:400 Spreads Around 0.20% - 0.40% Trading Platforms MetaTrader 4 (Windows) Tradable Assets FX, indices, commodities, shares, futures Account Types Basic account Demo Account Available Islamic Account Not specified Customer Support Phone: +442080895792, Email: support@tbx-capital.com Payment Methods Debit/credit cards with a 2.5% fee (other methods unclear) Educational Tools Not mentioned Overview of TBX CAPITAL TBX CAPITAL, operated by KeyStart Trading LTD in Saint Vincent and the Grenadines, is an unregulated broker that lacks valid regulation. This raises concerns about the security and reliability of its services, posing a significant risk to investors. They offer a range of market instruments, including foreign exchange (FX), indices, commodities, shares, and futures. Traders can engage in currency trading with major, minor, and exotic pairs, speculate on stock market indices such as the S&P 500 and Dow Jones, participate in commodity markets with assets like gold and oil, trade shares of various companies, and engage in futures trading. TBX CAPITAL offers a Basic account for traders starting their journey, but specific details regarding minimum deposit requirements and available trading instruments are not mentioned. They also provide a Demo Account for users to practice trading with virtual funds. The broker offers a high leverage option of up to 1:400, which exceeds the limits set by regulated brokers, carrying increased risk. Spreads and commissions are charged on trades, with spreads ranging from 0.20% to 0.40% and commissions around 0.05% to 0.10%. While TBX CAPITAL provides customer support through phone and email channels, their lack of transparency regarding deposit requirements and potential fees for deposits raises concerns about reliability and clarity. Traders should exercise caution when considering engaging with TBX CAPITAL due to the potential risks associated with an unregulated broker. Pros and Cons TBX CAPITAL has a number of pros and cons that should be considered before engaging with this brokerage. On the positive side, TBX CAPITAL offers a wide range of market instruments, including FX, indices, commodities, shares, and futures, providing traders with diverse trading opportunities. The platform also provides the popular MetaTrader 4 platform for Windows, which offers a user-friendly interface and advanced trading capabilities. Additionally, TBX CAPITAL offers a high leverage option of up to 1:400, allowing traders to potentially amplify their gains. The brokerage also provides multiple customer support channels, ensuring that clients can seek assistance when needed. Moreover, TBX CAPITAL offers a Demo Account for practice trading, enabling users to gain hands-on experience without risking real money. However, there are several drawbacks to consider. TBX CAPITAL operates without valid regulation, which raises concerns about the security and reliability of its services. The lack of transparency regarding the minimum deposit requirement and inconsistent information on deposit fees create uncertainty for potential clients. Additionally, TBX CAPITAL charges spreads and commissions on all trades, which can impact overall profitability. Lastly, there is limited information available on the Basic account details, potentially leaving traders unaware of important features and restrictions. It is essential to carefully evaluate these pros and cons before deciding to engage with TBX CAPITAL. Pros Cons Offers a range of market instruments (FX, indices, commodities, shares, futures) Operates without valid regulation, raising concerns about security and reliability Provides MetaTrader 4 platform for Windows, user-friendly interface, and advanced trading capabilities Lack of transparency regarding minimum deposit requirement High leverage option of up to 1:400 Inconsistent information on deposit fees Multiple customer support channels available Charges spreads and commissions on all trades Offers a Demo Account for practice trading Limited information on Basic account details Is TBX CAPITAL Legit？ TBX CAPITAL operates without any valid regulation, which raises concerns about the security and reliability of its services. The lack of regulatory oversight poses a significant risk to investors. It is crucial to exercise caution and carefully consider the potential consequences before engaging with an unregulated broker like TBX CAPITAL. Market Instruments TBX CAPITAL offers a range of market instruments to its clients, including FX, indices, commodities, shares, and futures. 1. FX: TBX CAPITAL provides foreign exchange trading, allowing investors to trade currency pairs. They facilitate transactions in major pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic currency pairs. 2. Indices: The platform also offers trading opportunities in various stock market indices. These include popular indices such as the S&P 500, Dow Jones Industrial Average, and FTSE 100, enabling investors to speculate on the performance of multiple companies within a specific market. 3. Commodities: TBX CAPITAL allows traders to participate in commodity markets, providing access to commodities such as gold, silver, oil, natural gas, and agricultural products. Investors can take positions based on their market outlook and potential price movements. 4. Shares: The platform enables clients to trade shares of various companies listed on major stock exchanges. Examples of shares available for trading through TBX CAPITAL may include well-known companies like Apple, Microsoft, Amazon, and Google, among others. 5. Futures: TBX CAPITAL also offers futures trading, allowing investors to speculate on the future price of commodities, currencies, indices, and other assets. Futures contracts provide opportunities for investors to engage in both hedging strategies and speculative trading. Pros and Cons Pros Cons Offers a diverse range of market instruments (FX, indices, commodities, shares, futures) Lack of regulatory oversight raises concerns about security and reliability Provides access to major and minor currency pairs, allowing forex trading Trading opportunities in popular stock market indices Account Types TBX CAPITAL offers a Basic account for traders. This account type provides essential features and services for those who are starting their trading journey. The Basic account allows users to familiarize themselves with the platform and its functionalities. However, it is important to note that specific details regarding the Basic account, such as minimum deposit requirements or available trading instruments, are not mentioned. TBX CAPITAL also offers a Demo Account for users who want to practice trading without risking real money. The Demo Account simulates the trading environment and allows individuals to execute trades using virtual funds. It serves as a valuable tool for beginners to gain hands-on experience and test various trading strategies before venturing into live trading. Pros and Cons Pros Cons Offers a Basic account for traders, providing essential features and services Lack of specific details on Basic account requirements and instruments Provides a Demo Account for practice trading, allowing users to gain hands-on experience without risking real money Limited information on Basic account features and restrictions Leverage TBX CAPITAL provides a high leverage option of up to 1:400, which surpasses the limits imposed by EU and USA-regulated brokers. It is important to note that EU and USA-regulated brokers typically restrict leverage to 1:30 or 1:50 as a safety precaution. The significantly higher leverage offered by TBX CAPITAL carries increased risk and requires careful consideration before engaging in trading activities. Spreads & Commissions TBX CAPITAL charges spreads and commissions on all trades. The spreads are typically around 0.20% - 0.40% and the commissions are typically around 0.05% - 0.10%. This means that traders can expect to pay around 0.25% - 0.50% in fees for each trade. Deposit & Withdraw TBX CAPITAL lacks transparency regarding their minimum deposit requirement for opening an account, leaving potential clients uncertain about the initial investment amount. Additionally, the broker states that card deposits are subject to a 2.5% fee, while other methods are supposedly free of charge. However, upon reviewing the available payment methods, only debit/credit cards are listed, implying that clients will inevitably incur the fee regardless of the chosen payment option. This inconsistency raises concerns about the clarity and reliability of TBX CAPITAL's deposit and withdrawal policies. Pros and Cons Pros Cons Multiple payment methods available Lack of transparency regarding minimum deposit requirement Quick withdrawal process Inconsistent information on deposit fees Potential 2.5% fee on card deposits, regardless of the chosen payment option Trading Platforms TBX CAPITAL provides traders with the MetaTrader 4 platform for Windows, offering a user-friendly interface and advanced trading capabilities. Traders can access the platform directly from their web browser through the Webtrader, eliminating the need for software installation. These platforms allow for trade execution, chart analysis, and access to a wide range of financial instruments, providing users with a reliable and accessible trading experience. Pros and Cons Pros Cons Provides MetaTrader 4 platform for Windows No alternative platforms available User-friendly interface and advanced trading capabilities Accessible via web browser through Webtrader Customer Support TBX CAPITAL provides customer support to its clients through multiple channels. For English-speaking customers, they can reach customer support by dialing +442080895792. Additionally, customers can also contact TBX CAPITAL's support team via email at support@tbx-capital.com. These contact options offer clients direct access to the customer support team, allowing them to seek assistance or address any queries they may have. Conclusion In conclusion, TBX CAPITAL operates without valid regulation, which raises concerns about the security and reliability of its services. The lack of regulatory oversight poses a significant risk to investors. On the positive side, TBX CAPITAL offers a range of market instruments including foreign exchange, indices, commodities, shares, and futures. They provide a Basic account for traders to familiarize themselves with the platform, as well as a Demo Account for practicing trading. However, specific details about the Basic account are not mentioned. TBX CAPITAL offers high leverage of up to 1:400, which surpasses limits imposed by regulated brokers, but this carries increased risk. They charge spreads and commissions on trades, and their transparency regarding deposit and withdrawal policies is lacking. TBX CAPITAL provides the MetaTrader 4 platform for Windows, which offers advanced trading capabilities. They offer customer support through phone and email. It is important for potential clients to carefully consider the risks and uncertainties associated with engaging with an unregulated broker like TBX CAPITAL. FAQs Q: Is TBX CAPITAL a regulated broker？ A: No, TBX CAPITAL operates without any valid regulation. Q: What market instruments does TBX CAPITAL offer？ A: TBX CAPITAL offers FX, indices, commodities, shares, and futures trading. Q: What types of accounts does TBX CAPITAL offer？ A: TBX CAPITAL offers a Basic account and a Demo Account. Q: What is the leverage provided by TBX CAPITAL？ A: TBX CAPITAL offers a high leverage of up to 1:400. Q: What are the spreads and commissions charged by TBX CAPITAL？ A: TBX CAPITAL charges spreads around 0.20% - 0.40% and commissions around 0.05% - 0.10%. Q: What are the deposit and withdrawal policies of TBX CAPITAL？ A: TBX CAPITAL lacks transparency regarding minimum deposits and charges a fee for card deposits. Q: What trading platforms does TBX CAPITAL provide？ A: TBX CAPITAL offers the MetaTrader 4 platform for Windows and a Webtrader for browser-based trading. Q: How can I contact customer support at TBX CAPITAL？ A: You can reach TBX CAPITAL's customer support by phone or email.

TBX CAPITAL broker review

Is TBX CAPITAL safe or scam

Rating Index

TBX Capital Forex Broker - Complete Information Guide

1. Overview of the Broker

TBX Capital, operated by Keystart Trading Ltd, is an online forex broker founded approximately 2 to 5 years ago, specifically in 2021. The company is registered in Saint Vincent and the Grenadines, a location notorious for its lack of stringent regulatory oversight in the financial sector. As a privately held entity, TBX Capital primarily targets retail traders, offering them access to a variety of financial instruments.

The broker's development has been marked by its establishment in a region that has attracted numerous offshore brokers due to its lenient regulatory framework. TBX Capital claims to provide a wide range of trading opportunities, including forex, indices, commodities, shares, and futures, catering to a diverse clientele that includes both novice and experienced traders.

Despite its recent inception, TBX Capital has faced scrutiny regarding its operational legitimacy, primarily due to its unregulated status. The broker's business model focuses on retail forex trading, allowing clients to engage with various financial markets through its trading platform. However, the absence of a solid regulatory foundation raises significant concerns about the safety and security of client funds, making it imperative for potential clients to exercise caution when considering TBX Capital broker for their trading activities.

2. Regulatory and Compliance Information

TBX Capital operates without any valid regulatory oversight, which raises serious concerns about its legitimacy and the safety of client funds. The broker is not regulated by any reputable financial authority, and there are no regulatory licenses listed on its website. This lack of oversight means that TBX Capital does not adhere to the stringent requirements set by established regulatory bodies, which include:

Financial Conduct Authority (FCA) in the UK
Australian Securities and Investments Commission (ASIC)
Cyprus Securities and Exchange Commission (CySEC)

Due to its offshore registration in Saint Vincent and the Grenadines, TBX Capital does not provide the same level of investor protection that regulated brokers do. There are no guarantees for client funds, and the company does not participate in any investor compensation schemes. Furthermore, the absence of a clear KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance process raises additional red flags regarding the broker's operations.

Clients should be aware that without regulatory oversight, there is a heightened risk of fraudulent activities, including the potential for the broker to refuse withdrawal requests or mismanage client funds. It is crucial for traders to conduct thorough research and consider the implications of engaging with an unregulated entity like TBX Capital broker.

3. Trading Products and Services

TBX Capital offers a variety of trading products designed to cater to a wide range of trading preferences. The broker provides access to numerous forex currency pairs, including major, minor, and exotic pairs. While the exact number of available currency pairs is not specified, traders can expect to find popular options such as EUR/USD, GBP/USD, and USD/JPY.

In addition to forex trading, TBX Capital also offers Contract for Difference (CFD) products across several categories, including:

Indices: Traders can speculate on the performance of major stock market indices, such as the S&P 500 and Dow Jones Industrial Average.
Commodities: The broker provides access to various commodities, including precious metals like gold and silver, as well as energy resources such as oil and natural gas.
Shares: Clients can trade shares of well-known companies listed on major stock exchanges.
Futures: TBX Capital allows traders to engage in futures trading, providing opportunities to speculate on the future prices of various assets.

The broker aims to keep its product offerings updated, but specific details regarding the frequency of product updates or the introduction of new trading instruments are not readily available. TBX Capital does not explicitly mention any additional services for institutional clients or provide white-label solutions, focusing primarily on retail trading services.

4. Trading Platform and Technology

TBX Capital provides its clients with access to the MetaTrader 4 (MT4) trading platform, which is widely recognized for its user-friendly interface and advanced trading capabilities. The MT4 platform is available for Windows, and traders can also access it through a web-based interface, allowing for seamless trading without the need for software installation.

In addition to the desktop version, TBX Capital offers mobile applications for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go. However, the broker does not appear to offer any proprietary trading platforms, relying solely on MT4 for its trading operations.

The execution model employed by TBX Capital is not clearly defined in the available information, leaving traders uncertain about whether the broker operates on an ECN (Electronic Communication Network), STP (Straight Through Processing), or Market Making basis. The lack of transparency regarding the broker's server locations and overall technological infrastructure further complicates the assessment of its trading environment.

Additionally, there is no mention of API access or support for automated trading strategies, which may limit the options available for more advanced traders seeking to implement algorithmic trading solutions.

5. Account Types and Trading Conditions

TBX Capital offers a basic account type for traders, designed to provide essential features for those starting their trading journey. Unfortunately, the specifics regarding minimum deposit requirements, spreads, and commissions for this account type are not clearly outlined.

The broker does provide a demo account, allowing users to practice trading with virtual funds. This feature is beneficial for beginners looking to familiarize themselves with the trading platform and test various strategies without risking real money.

Regarding leverage, TBX Capital offers a high leverage ratio of up to 1:400, significantly exceeding the limits imposed by regulated brokers in regions such as the EU and the USA. This high leverage can amplify potential gains but also increases the risk of significant losses.

The minimum trade size and overnight fees are also not explicitly stated, which may leave traders unaware of important trading conditions that could impact their trading experience. Overall, the lack of transparency surrounding account types and trading conditions at TBX Capital broker is a cause for concern for potential clients.

6. Fund Management

TBX Capital supports a variety of deposit methods, including bank transfers and credit card payments. However, the specific minimum deposit requirements for different account types are not disclosed, leaving potential clients uncertain about the initial investment amount.

Deposits made via credit card are subject to a 2.5% fee, but there is limited information regarding other payment methods. The processing time for deposits is also unclear, which may affect traders' ability to fund their accounts promptly.

Withdrawals can be made using similar methods as deposits, but again, the details regarding withdrawal limits and processing times are not specified. The minimum withdrawal amount is reportedly set at $100, and clients must meet certain trading volume requirements to withdraw bonus funds.

The lack of clarity surrounding the fees associated with deposits and withdrawals, as well as the processing times, raises concerns about the reliability and transparency of TBX Capital's fund management practices.

7. Customer Support and Educational Resources

TBX Capital offers customer support through multiple channels, including phone and email. Clients can reach the support team by calling +442080895792 or emailing support@tbx-capital.com. However, the availability of online chat or social media support is not mentioned, which may limit accessibility for some clients.

The broker's service hours and time zone coverage are not clearly stated, making it challenging for clients in different regions to determine when they can expect assistance. Additionally, while TBX Capital claims to provide support in multiple languages, the specific languages offered are not listed.

In terms of educational resources, TBX Capital does not appear to offer extensive materials or training programs for traders. There is no mention of webinars, tutorials, or ebooks, which are commonly provided by reputable brokers to enhance traders' knowledge and skills. Furthermore, the availability of market analysis services, such as daily reports or research documents, is also unclear.

While some trading tools, such as calculators or economic calendars, may be available, the lack of detailed information regarding these resources raises concerns about the broker's commitment to supporting its clients' trading endeavors.

8. Regional Coverage and Restrictions

TBX Capital primarily serves clients in Saint Vincent and the Grenadines, but it also appears to target traders in the UK and Europe. However, due to its unregulated status, the broker may be operating illegally in these regions, as all brokers catering to clients in strictly regulated markets must be licensed by local authorities.

The broker does not provide specific information about its regional offices or the distribution of its services across different countries. Additionally, there is no clear list of countries or regions from which it does not accept clients, which may leave potential clients unsure about their eligibility to open accounts with TBX Capital.

In summary, while TBX Capital offers a range of trading products and services, the lack of regulation, transparency regarding trading conditions, and limited customer support resources make it a questionable choice for traders seeking a reliable and secure trading environment. Potential clients are strongly advised to conduct thorough research and consider the risks associated with engaging with an unregulated broker like TBX Capital broker.

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