TGB FX Forex Broker

Note: TGB FX's official website - https://thegbrokers.com is currently inaccessible normally.TGB FX Review SummaryFounded/Registered Country/RegionMalaysiaRegulationUnregulatedMarket Instruments40+ CFDs on currency pairs, indices, precious metals, energies, ETFs, bonds, shares, stocks, commodities, cryptocurrencies and digital currenciesDemo Account❌LeverageUp to 1:500Spread/Trading PlatformMT5Min Deposit$250Customer Support24/5 live chatTel: 601548770864Facebook, Twitter, LinkedIn and YouTubeAddress: Level 9 (G) Main Office Tower, Financial Park Labuan, Jalan Merdeka 87000 Federal Territory of Labuan TGB FX advertises that it is leading online trading service providers, offering investment services for trading with forex and CFDs on indices, metals, energies, stocks, bonds and digital currencies. It also hypes that it offers up to 500:1 leverage, no commission for any type of account and 24×5 customer support services.Pros and ConsPros Cons Various trading productsInaccessible websiteMultiple account typesUnregulated statusNo commissionsUnclear fee structureMT5 platformHigh minimum depositPopular payment optionsIs TGB FX Legit? No. TGB FX has no regulations currently. Please be aware of the risk!What Can I Trade on TGB FX? TGB FX gives you access to over 40 CFDs on currency pairs, including forex majors like EUR/USD, forex minors like EUR/GBP and exotic pairs like USD/CZK. It also offers CFDs on indices, precious metals, energies, ETFs, bonds, shares, stocks, commodities, cryptocurrencies and digital currencies.Tradable Instruments Supported CFDs✔Currency pairs✔Indices✔Precious metals✔Energies✔ETFs✔Bonds✔Shares/Stocks✔Commodities✔Cryptocurrencies✔Digital currencies✔Options❌Account Type/CommissionAccount TypeStandardPremiumProMin Deposit$250$1,000$5,000Commission❌❌❌Leverage The maximum level offered by TGB FX is up to 500:1. Keep in mind that the safe bet is going with a 1:1 ratio. One of the most common mistakes new forex traders make is using way too much leverage. Our advice is that you can tick with a smaller ratio until you get the hang of things.Trading Platform When it comes to trading platforms available,TGB FX gives traders two choices: Meta Trader 4 and Meta Trader 5. Meta Trader 4 is the most popular platform for trading on the forex market, which includes a knowledge database. By contrast, the latest version of Meta Trader 5 platform serves an opportunity to choose between netting.Trading PlatformSupported Available Devices Suitable forMT4✔Desktop, Android, iOSBeginnersMT5✔Desktop, Android, iOSExperienced tradersDeposit and Withdrawal TGB FX offers some deposit options, such as bank transfer, wire transfer and debit card, while withdrawal options are not concerned directly on the website.