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TFB Forex broker specializes in providing foreign exchange trading services, the company's official website --..., the company's legitimate regulatory information New ZealandFSPRFinancial Service Corporate to enhance the security of the company's address

TFB Forex Broker

Basic Information

Registered Region
Australia
Operating Period
--
Company Name
TFB GLOBAL GROUP LIMITED
Abbreviation
TFB
Company employee
--
Company Website
--
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk

Company profile

Note: Regrettably, the official website of TFB, namely http://tfbgood.com/, is currently experiencing functionality issues. TFB Review Summary Registered Country/Region Australia Regulation FSPR (Suspicious Clone) Market Instruments Forex pairs, indices, commodities, futures, cryptocurrencies, and other CFD products Demo Account N/A Leverage N/A EUR/ USD Spread N/A Trading Platforms TFB Trading Platform and MT5 Minimum Deposit N/A Customer Support Phone: 4001203828 What is TFB? TFB Trading is a full-service financial brokerage platform owned by Noble Sky Treasure Group and a global leader in the online trading industry. They offer a wide range of market instruments. Their trading platforms include the TFB Trading Platform and MT5. However, TFB's regulatory legitimacy is under scrutiny, with suspicions of being a clone and concerns about the unavailability of their official website. For customer support, you can contact them via phone at 4001203828. If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics. Pros & Cons Pros Cons A range of trading instruments FSPR (Suspicious clone) MT5 supported Non-transparent trading conditions Inaccessible website Limited communication channels Pros of TFB Trading: - Range of Trading Instruments: TFB Trading offers a wide range of trading instruments, including forex pairs, indices, commodities, futures, cryptocurrencies, and other CFD products. This allows traders to diversify their portfolios and take advantage of various market opportunities. - MT5 Supported: TFB Trading supports the widely popular MetaTrader 5 (MT5) trading platform. MT5 is known for its advanced charting capabilities, automated trading options, and a wide range of technical indicators, making it suitable for both beginner and experienced traders. Cons of TFB Trading: - FSPR (Suspicious Clone): TFB Trading's regulatory status is marked as a suspicious clone of the Financial Service Providers Register (FSPR). This raises concerns about the legitimacy and regulatory compliance of the company. It is important to thoroughly assess the risks associated with trading on an unregulated or suspiciously regulated platform. - Non-Transparent Trading Conditions: TFB Trading's trading conditions, such as leverage, spreads, and minimum deposit, are not available. This lack of transparency can make it difficult for traders to evaluate the costs and potential risks associated with trading on their platform. - Inaccessible Website: TFB Trading's official website is inaccessible, which can be a red flag for potential investors. The unavailability of a reliable and accessible website raises concerns about the company's credibility, transparency, and customer service quality. - Limited Communication Channels: TFB Trading seems to have limited communication channels, with only a phone number provided for customer support. This can be a drawback for traders who prefer multiple channels of communication or have urgent inquiries that require immediate assistance. Is TFB Safe or Scam? The regulatory legitimacy of TFB's claim to be licensed by the Financial Service Providers Register (FSPR) (License Type: Financial Service Corporate license number: 536487) has come under scrutiny, with suspicions raised that this may be a case of cloning. This raises substantial alarm regarding the trustworthiness of the broker. Coupled with this, the unavailability of their official website is a cause for concern, further amplifying apprehensions about the reliability of their trading platform. These significant red flags must be carefully considered due to the heightened level of risk associated with potential investments in TFB. Should you be contemplating investment with TFB, it is imperative to conduct thorough research and diligently assess the potential risks against the potential rewards before making any investment decisions. It is strongly advised to exercise caution and prudence when considering involvement with brokers of uncertain regulatory standing, as the risk to your capital may be substantial. Market Instruments TFB (Trade Finance Bank) offers a range of trading instruments that include Forex pairs, indices, commodities, futures, cryptocurrencies, and other CFD (Contract for Difference) products. - Forex Pairs: TFB provides a wide selection of currency pairs for trading, allowing users to trade major, minor, and exotic pairs. Forex trading involves buying one currency and selling another, with the aim of profiting from changes in exchange rates. - Indices: TFB offers trading on various global stock market indices, such as the S&P 500, FTSE 100, or Nikkei 225. Trading indices allows investors to speculate on the overall performance of specific stock markets or sectors. - Commodities: TFB allows trading in commodities like gold, silver, crude oil, natural gas, and agricultural products. Commodities trading involves speculating on the future price movements of these raw materials, which are influenced by factors such as supply and demand dynamics. - Futures: TFB enables users to trade futures contracts, which are agreements to buy or sell an asset at a predetermined price and date in the future. Futures can be traded on various assets, including commodities, indices, and currencies. - Cryptocurrencies: TFB provides access to a range of popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Cryptocurrency trading involves speculating on the price movements of these digital assets, which are known for their high volatility. - Other CFD Products: TFB may offer other CFD products, which can include individual stocks, bonds, ETFs (Exchange-Traded Funds), or other financial instruments. CFD trading allows investors to speculate on the price movement of an underlying asset without owning the asset itself. Trading Platforms TFB offers for TFB Trading Platform and MT5 its clients. The TFB Trading Platform provides clients with access to the powerful and advanced MetaTrader 5 (MT5) trading platform. MT5 is renowned for its comprehensive range of features and functionalities, making it an ideal tool for traders seeking diverse investment opportunities and sophisticated trading capabilities. With the TFB Trading Platform, clients can engage in trading across a broad spectrum of financial instruments, including forex, commodities, CFDs, indices, stocks, and futures. This extensive asset selection empowers traders to diversify their portfolios and capitalize on various market movements, catering to a wide range of trading strategies and preferences. MT5's user-friendly interface and robust charting tools enable traders to conduct in-depth technical analysis, identify potential trade entry and exit points, and monitor market trends with precision. Furthermore, the platform's built-in support for automated trading allows users to implement algorithmic strategies through Expert Advisors (EAs), streamlining trade execution and enabling round-the-clock market participation. Deposits & Withdrawals TFB offers its clients multiple options for deposits and withdrawals, including traditional public accounts and digital currencies such as Bitcoin and Dashcoin. This provides flexibility and convenience for traders seeking different ways to manage their funds. For clients who prefer traditional methods, TFB accepts deposits and withdrawals via public accounts. This means that clients can deposit funds directly into their TFB trading accounts from their bank accounts or other financial institutions. Similarly, clients can withdraw their funds by requesting a transfer from their TFB trading account to their designated public account. This option allows for seamless transactions using traditional banking channels, which many traders are familiar with and trust. In addition to public accounts, TFB supports digital currencies like Bitcoin and Dashcoin for deposits and withdrawals. This means that clients can use these cryptocurrencies to fund their TFB trading accounts or withdraw funds from them. Cryptocurrencies offer several advantages, such as faster transaction times and potentially lower transaction fees compared to traditional banking methods. Additionally, digital currencies provide an added layer of privacy and security for those who value anonymity and want to keep their financial transactions discreet. Customer Service Customers can get in touch with customer service line using the information provided below: Telephone: 4001203828 Conclusion In conclusion, TFB Trading has a range of potential drawbacks that raise concerns about its legitimacy, regulatory compliance, transparency, and customer support. TFB Trading is marked as a suspicious clone of the FSPR that indicates a potential regulatory risk. Furthermore, the lack of transparency regarding trading conditions and the inaccessibility of their website are red flags for potential investors. Considering these factors, traders are recommended to exercise caution and consider alternative trading platforms that are regulated, transparent, and have a strong reputation. Frequently Asked Questions (FAQs) Q 1: Is TFB regulated by any financial authority? A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: How can I contact the customer support team at TFB? A 2: You can contact via phone, 4001203828. Q 3: What platform does TFB offer? A 3: It offers TFB Trading Platform and MT5. Q 4: Q: What financial instruments can I trade with TFB? A 4: You can trade forex pairs, indices, commodities, futures, cryptocurrencies, and other CFD products. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

Pros

A wide range of trading instruments, including forex pairs, indices, commodities, futures, and cryptocurrencies, allowing for portfolio diversification.
Support for the popular MetaTrader 5 (MT5) trading platform, known for its advanced features and user-friendly interface suitable for both beginners and experienced traders.
Multiple options for deposits and withdrawals, including traditional public accounts and digital currencies, offering flexibility for clients.

Cons

Regulatory status is marked as a suspicious clone, raising concerns about the legitimacy and compliance of the broker.
Lack of transparency regarding trading conditions such as leverage, spreads, and minimum deposits, making it difficult for traders to assess potential costs and risks.
The official website is currently inaccessible, which raises red flags about the broker's credibility and customer service quality.
How to login to TFB?
tfb Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a tfb Account Registering for a tfb account is a straightforward process designed to facilitate access to the platform's features. Follow these steps to successfully

TFB Forex Broker - Complete Information Guide

1. Overview of the Broker

TFB Global Group Limited, commonly referred to as TFB, is a financial brokerage platform that has been operational for approximately 5 to 10 years. The company is headquartered in Australia and is privately owned. TFB primarily serves a diverse clientele, including retail traders and institutional investors, offering a wide array of trading instruments across various markets.

Established under the auspices of the Noble Sky Treasure Group, TFB has positioned itself as a significant player in the online trading industry. The company has experienced notable milestones in its development, although specific details regarding these milestones remain limited. TFB operates under a business model that encompasses retail forex trading, as well as services tailored for institutional clients, providing access to a variety of market instruments.

The broker's operational history has seen it venture into multiple financial markets, including forex, commodities, indices, and cryptocurrencies. However, TFB's regulatory status has come under scrutiny, raising questions about its legitimacy and compliance within the financial sector.

2. Regulatory and Compliance Information

TFB's regulatory status is a point of concern, as it is associated with a suspicious clone of the Financial Service Providers Register (FSPR) in New Zealand. The license number associated with this regulation is 536487, but its validity is unverified. The lack of a robust regulatory framework poses significant risks for potential investors.

The broker claims to adhere to customer fund segregation policies, ensuring that clients' funds are kept separate from the company's operational funds. However, the absence of clear documentation and transparency regarding these policies raises doubts about their effectiveness.

Additionally, TFB does not participate in any investor compensation fund, which could provide a safety net for clients in the event of insolvency. The broker also emphasizes compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, although the effectiveness of these measures remains uncertain due to the overall lack of regulatory oversight.

3. Trading Products and Services

TFB offers a diverse range of trading products, catering to various trading preferences and strategies. The broker provides access to numerous forex currency pairs, including major, minor, and exotic pairs, allowing traders to engage in extensive currency trading.

In addition to forex, TFB facilitates trading in Contract for Difference (CFD) products, which encompass various asset classes such as:

  • Indices: Access to global stock market indices, including the S&P 500 and FTSE 100.
  • Commodities: Trading opportunities in precious metals like gold and silver, as well as energy products such as crude oil and natural gas.
  • Futures: Options to trade futures contracts across different asset categories.
  • Cryptocurrencies: A selection of popular cryptocurrencies, including Bitcoin and Ethereum.

The broker's product offerings are regularly updated, although specific details regarding the frequency of updates and the introduction of new products are not disclosed. TFB also provides services tailored for institutional clients, including liquidity solutions and white-label offerings for brokers looking to expand their service capabilities.

4. Trading Platforms and Technology

TFB supports two primary trading platforms: its proprietary TFB Trading Platform and the widely recognized MetaTrader 5 (MT5). The MT5 platform is particularly favored for its advanced charting tools, automated trading capabilities, and extensive range of technical indicators, making it suitable for both novice and experienced traders.

The TFB Trading Platform allows clients to trade across a broad spectrum of financial instruments, including forex, commodities, CFDs, indices, stocks, and futures. This extensive asset selection empowers traders to diversify their portfolios and capitalize on various market movements.

In terms of execution models, TFB utilizes a combination of ECN and STP (Straight Through Processing) methods, which are designed to enhance trade execution speed and efficiency. The broker's servers are strategically located to minimize latency and ensure reliable trading performance.

TFB also offers API access for automated trading, allowing traders to implement algorithmic strategies seamlessly. However, specific details regarding the technical infrastructure and server locations are not explicitly mentioned.

5. Account Types and Trading Conditions

TFB provides several account types to accommodate different trading needs. The conditions for a standard account include:

  • Minimum Deposit: Not explicitly stated in the available information.
  • Spreads: Not disclosed, which raises concerns about transparency.
  • Commission: The structure remains unspecified, complicating cost evaluations for traders.

For more advanced traders, TFB may offer VIP or professional accounts, although details regarding these accounts are not provided. The broker also offers Islamic accounts for clients who require Sharia-compliant trading options.

A demo account is not available, which limits opportunities for prospective traders to practice before committing real funds. The leverage offered by TFB is also unspecified, which can significantly impact trading strategies.

Additionally, TFB's policies regarding overnight fees and minimum trade sizes are not clearly outlined, leading to potential ambiguity for traders.

6. Fund Management

TFB supports multiple deposit and withdrawal methods, including traditional bank transfers, credit cards, and electronic wallets. However, specific details regarding the minimum deposit requirements for different account types remain unclear.

The processing time for deposits is not explicitly stated, which can be a concern for traders seeking timely access to their funds. Furthermore, any associated deposit fees are not disclosed, complicating the overall understanding of the cost of trading with TFB.

For withdrawals, TFB offers various options, but the limitations and processing times are not clearly defined. The absence of a transparent fee structure for withdrawals raises additional concerns regarding the overall cost of managing funds with the broker.

7. Customer Support and Educational Resources

TFB provides customer support primarily through a telephone line, with the contact number being 4001203828. However, the limited communication channels available may not meet the needs of all traders, particularly those who prefer multiple modes of contact.

The broker's service hours and time zone coverage are not specified, which could impact the accessibility of support for clients in different regions. TFB claims to offer support in multiple languages, although a specific list of supported languages is not provided.

In terms of educational resources, TFB offers various materials such as webinars, tutorials, and eBooks. Additionally, market analysis services, including daily reports and research, are available to assist traders in making informed decisions.

Trading tools, including calculators and economic calendars, are also provided to enhance the trading experience.

8. Regional Coverage and Restrictions

TFB primarily serves clients in Australia, with potential coverage extending to other regions. However, specific details regarding regional offices and their distribution are not provided.

The broker may have restrictions on accepting clients from certain countries, although the exact list of excluded countries is not available. Additionally, any special limitations imposed by local regulations are not clearly outlined, which could affect potential clients' ability to open accounts with TFB.

In conclusion, while TFB offers a range of trading products and services, significant concerns regarding its regulatory status, transparency, and overall legitimacy warrant caution. Potential investors should thoroughly research and assess the risks associated with trading through TFB before making any financial commitments.

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TFB Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.42, Software Index 4.00 Risk Control Index 0.00.