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tianfubao Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.tfbpme.co..., the company's legitimate regulatory information Hong KongHKGXType B License to enhance the security of the company's address

tianfubao Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
天富宝贵金属
Abbreviation
tianfubao
Company employee
--
Contact Number
+85227762099
Company Website
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

  

Tianfubao Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  Tianfubao Precious Metals Limited, commonly referred to as Tianfubao, is a Hong Kong-based company founded approximately 5 to 10 years ago. The firm specializes in trading precious metals, particularly focusing on gold and silver. As a regulated entity, Tianfubao operates under the auspices of the Chinese Gold and Silver Exchange Society (CGSE), which provides a degree of oversight and legitimacy to its operations.

  The main office of Tianfubao is located in Hong Kong, a strategic hub for financial services in Asia. The company primarily serves retail clients interested in trading precious metals, including individual investors and traders looking to capitalize on market fluctuations.

  Throughout its relatively short history, Tianfubao has achieved significant milestones, including obtaining a Type B license from the CGSE, which allows it to engage in the trading of physical gold and silver. The firm has developed a business model that caters to both individual investors and institutional clients, focusing on retail forex and precious metals trading.

  In summary, Tianfubao broker is positioned as a key player in the precious metals market, leveraging its regulatory framework and operational base in Hong Kong to attract clients interested in gold and silver trading.

  

2. Regulatory and Compliance Information

  Tianfubao operates under the regulation of the Chinese Gold and Silver Exchange Society (CGSE), which is the only recognized exchange in Hong Kong for trading physical gold and silver. The regulatory license number associated with Tianfubao is categorized as a Type B license, which grants the firm permission to conduct its trading activities within the scope defined by the CGSE.

  The license is valid indefinitely, subject to compliance with CGSE regulations and guidelines. The legal entity that operates under this regulatory framework is Tianfubao Precious Metals Limited, ensuring that all trading activities comply with local laws.

  Tianfubao has implemented customer fund segregation policies, which are designed to protect client assets by keeping them separate from the companys operational funds. This practice is crucial in enhancing client trust and ensuring regulatory compliance.

  Additionally, Tianfubao adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, which are essential for preventing fraud and ensuring the integrity of its trading environment. These measures include thorough identity verification processes for clients and monitoring of transactions to detect suspicious activities.

  In conclusion, Tianfubao broker maintains a robust regulatory framework, ensuring compliance with local laws while providing a secure trading environment for its clients.

  

3. Trading Products and Services

  Tianfubao offers a diverse range of trading products primarily focused on precious metals. The primary instruments available for trading include:

  • Forex Currency Pairs: While specific information on the number of currency pairs offered is limited, Tianfubao provides access to major forex pairs commonly traded in the market.
  • CFD Products: The broker offers Contracts for Difference (CFDs) on various assets, including indices, commodities, and potentially stocks, although detailed information on specific products is not readily available.
  • Special Products: Tianfubao specializes in trading London gold and silver electronically, providing clients with opportunities to speculate on price movements without the need to physically own the metals. Additionally, the firm offers trading in 99% pure gold, HK dollar kilo bars, and RMB kilo bars, catering to both domestic and international investors.
  • Retail Trading Services: The firm provides services tailored to individual investors, facilitating easy access to the precious metals market.
  • Institutional Client Services: While specific details are not provided, Tianfubao likely offers services to institutional clients looking to trade large volumes of precious metals or engage in hedging strategies.

  The frequency of product updates and the introduction of new trading instruments are not explicitly detailed in the available information, indicating a potential area for further inquiry.

  Overall, Tianfubao broker provides a comprehensive suite of trading products focused on precious metals, catering to a wide range of clients from retail investors to institutional traders.

  

4. Trading Platforms and Technology

  Tianfubao provides its clients with access to the MetaTrader 5 (MT5) trading platform, a widely recognized and advanced trading platform known for its user-friendly interface and robust features. MT5 supports a variety of trading tools, including advanced charting options, technical indicators, and automated trading capabilities.

  The broker does not appear to have developed proprietary trading platforms, instead opting to leverage the capabilities of MT5 to meet client needs. The availability of a web-based trading platform ensures that clients can access their accounts and trade from any location with internet connectivity.

  Mobile trading is supported, with applications available for both iOS and Android devices, allowing clients to trade on-the-go. This flexibility is crucial in the fast-paced trading environment of forex and precious metals.

  Tianfubao employs efficient execution models, likely utilizing either ECN or STP (Straight Through Processing) methods to ensure swift trade execution. The exact execution model is not specified in the available data.

  The brokers technical infrastructure, including server locations and overall technology setup, is not explicitly detailed. However, the use of MT5 suggests a commitment to providing a reliable and technologically advanced trading experience.

  In summary, Tianfubao broker offers a robust trading platform in MT5, complemented by mobile access and a focus on efficient trade execution.

  

5. Account Types and Trading Conditions

  Tianfubao offers a standard gold account requiring a minimum deposit of $100, which is denominated in USD. The trading conditions for this account include competitive spreads starting from 0.4 pips, making it an attractive option for traders looking to minimize costs.

  For advanced traders, Tianfubao provides higher leverage options, with regular clients able to access leverage of up to 1:50, while professional clients can enjoy leverage of up to 1:100. The minimum trading lot sizes and other specific account types, such as VIP or Islamic accounts, are not detailed in the available information, indicating a potential area for further exploration.

  The broker also offers a demo account for traders wishing to practice their strategies without risking real capital. This is an essential feature for new traders looking to gain experience before entering the live market.

  Overnight fees and other trading conditions are not explicitly mentioned, suggesting that more detailed information may be required for prospective clients.

  In conclusion, Tianfubao broker provides a straightforward account structure with competitive trading conditions, making it accessible for both new and experienced traders.

  

6. Fund Management

  Tianfubao supports a variety of deposit methods to facilitate client funding, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with the standard account starting at $100.

  Deposit processing times are not specified, but clients can generally expect standard processing times associated with each payment method. Any applicable deposit fees have not been disclosed, indicating that prospective clients should verify this information directly with the broker.

  Withdrawal methods include bank transfers and electronic payment systems, although specific details regarding withdrawal limits and processing times are not provided. Clients should be aware of potential withdrawal fees, which have not been detailed in the available information.

  Overall, Tianfubao broker appears to offer a flexible approach to fund management, although further clarification on specific withdrawal processes and associated fees would be beneficial for clients.

  

7. Customer Support and Educational Resources

  Tianfubao provides customer support through various channels, including telephone and email. The contact numbers for customer inquiries are 852 - 27762099 and 4001 - 201 - 126. However, the availability of online chat support and social media presence is not mentioned, which may limit immediate assistance options for clients.

  Customer service operates during standard business hours, although specific service times and time zone coverage have not been disclosed. The lack of multi-language support is also a consideration for international clients.

  Educational resources offered by Tianfubao include webinars, tutorials, and potentially eBooks, although specific details on the types of educational materials available are not explicitly mentioned. Market analysis services, including daily updates, news, and research reports, are also important for traders looking to stay informed.

  Trading tools, such as calculators and economic calendars, are essential for effective trading, but specific tools offered by Tianfubao have not been detailed in the available information.

  In summary, Tianfubao broker provides basic customer support and educational resources, although more comprehensive offerings could enhance the overall client experience.

  

8. Regional Coverage and Restrictions

  Tianfubao primarily serves clients in Hong Kong and potentially other regions, although specific details about its market presence outside of Hong Kong are limited. The company appears to focus on the Asian market, leveraging its location in Hong Kong to attract clients interested in precious metals trading.

  The distribution of regional offices is not explicitly mentioned, which may indicate that the primary operations are centralized in Hong Kong. There are no specific countries or regions listed where Tianfubao does not accept clients, although potential regulatory restrictions could apply.

  Overall, Tianfubao broker seems to have a focused regional approach, primarily catering to clients within Hong Kong and possibly extending services to other nearby markets.

  In conclusion, Tianfubao broker presents a comprehensive suite of services focused on precious metals trading, backed by regulatory oversight and a commitment to client support. However, potential clients should conduct thorough research and consider the available information before engaging with the broker.

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Latest Reviews

FX1297573065

FX1297573065

Hong Kong

Pretending to give instruction on you, he has coveted you fund long. By malicious operation, all your fund will flow into their platform instead of the market. You could complain to no one. The platform has absconded.

Exposure

2020-01-03

那回忆

那回忆

Hong Kong

In May,2017,a beauty named Chen Xin added me,saying that we had talked before.Actually,it was a pitfall.After taking for while,she said that the stock market was not optimistic and she had shifted to the trade of London Gold.She asked me to open an account and sent a card of “ tianfubao account opening ” to me,telling me to add her to help me open an account.I was induced to trade London Gold .Later,a person named Lao Zhao pulled me into a group and a live-broadcasting room named “Hua Shan Lun Jian”,in which many fraudsters claimed as experienced shareholders.With the excuse of returning to the society,he took us to trade.After while,we saw his trading software accidentally,which was a virtual market.Gao fei,Shan cheng,Gui gu,Jia Xin,etc. Induced investors to add position,which led to our account liquidated.The price trend was inconsistent with the international price,with invalid stop-loss price.Many of my orders was closed at 1219 while the price I set was 1221.Chen Xin kept me holding position.After our account became liquidated,we were removed off the group.Later, I figured out that my fund was transferred into a domestic company named Zhifu Electronic Payment Co., Ltd. instead of tianfubao .It acquired investors’ trust by the bite of stock trading,defrauding on clients by cooperating with Zhifu Electronic Payment Co., Ltd. and third party payment company! It developed “ tianfubao gold ” and “ tianfubao silver” to trade illegally to defraud investors.The code of London Gold was declined to review.According to CGSE,the trading product of tianfubao was not gold,while its staff claimed it was future gold.Asked to show the future licence,it changed its saying into currency gold,according to price of New York future gold. tianfubao shall be deemed to be suspected of engaging in futures business without authorization in accordance with relevant regulations. It is also a violation of the fact that Zhifu Electronic Payment Co., Ltd. and Guofubao Co., Ltd. have not reviewed Hong Kong Tianfu Valuable Metal Co., Ltd. if they have the qualification to operate gold. Report it now! I hope relevant departments can check it out as soon as possible to help me recover the loss.

Exposure

2018-10-24

tianfubao Forex Broker has an overall rating of 1.60, Regulatory Index 0.00, License Index 0.00, Business Index 7.71, Software Index 4.00 Risk Control Index 0.00.