Tide Technologies Group Forex Broker

Feature Details Company Name Tide Technologies Group Registered Country China Founded Year 2023 Regulation No Regulation Tradable Assets Forex, Stocks, Indices, Commodities Account Types BRONZE, SILVER, GOLD, PLATINUM, DIAMOND, VIP Minimum Deposit $300 Maximum Leverage 1:10 Trading Platforms WebTrader Customer Support Email: compliance@tidetechnologies.group, Office hours: Mon - Fri: 9:00 - 18:00, Contact form available Deposit & Withdrawal Bank transfer, debit/credit cards, several payment systems Educational Resources E-books, Videos, Courses Overview of Tide Technologies Group Tide Technologies Group, founded in 2023 and headquartered in China, is an unregulated broker offering forex, stocks, indices, and commodities. With six account types available, namely BRONZE, SILVER, GOLD, PLATINUM, DIAMOND, VIP, the minimum deposit requirement begins at $300, and the maximum leverage offered is 1:10. The firm utilizes the WebTrader platform, which is equipped with advanced trading tools such as an arbitrage bot, economic calendar, and real-time technical analysis. Additionally, Tide Technologies Group supports its traders through educational materials like e-books, instructional videos, and trading courses. Customer support is available via email and an online contact form during regular office hours. Pros and Cons Tide Technologies Group offers multiple forex pairs, including major, secondary, and exotic pairs. Traders also have access to prominent stocks via CFDs and can trade on major indices. The variety of commodities available for trading further enhances the broker's appeal, and the various deposit and withdrawal methods provide flexibility for fund management. However, Tide Technologies Group is not regulated, and has received warnings from two financial authorities, indicating potential compliance issues. There is limited transparency regarding spreads and commissions, and a lack of clarity on other fees. Lastly, the absence of phone support could be inconvenient for traders who prefer direct communication. Pros Cons Major, secondary and exotic forex pairs available Not regulated Access to prominent stocks via CFDs Warnings from two financial authorities Trading on major indices Limited transparency on spreads and commissions Variety of commodities offered Lack of clarity on other fees Multiple deposit and withdrawal methods No phone support Is Tide Technologies Group legit or a scam？ Tide Technologies Group operates without regulation from any recognized financial authority. This broker has been flagged by two financial regulators. The Autorité des Marchés Financiers marked Tide Technologies Group as unauthorized on November 28, 2023, citing the company and its website as unauthorized entities. Similarly, the Comisión Nacional del Mercado de Valores issued a warning on April 22, 2024, highlighting that Tide Technologies Group is not authorized to offer investment services under the Spanish Securities Markets and Investment Services Act. Market Instruments Tide Technologies Group provides four kinds of trading instruments, including forex, stocks, indices, and commodities. Forex: Traders can access a wide range of currency pairs through CFDs, including major pairs like EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD, and USD/CHF. Secondary pairs available include EUR/GBP, EUR/JPY, GBP/JPY, CAD/JPY, GBP/CAD, and EUR/CAD. Additionally, exotic pairs such as USD/SEK, USD/MXN, USD/ZAR, EUR/TRY, EUR/NOK, and GBP/PLN are offered. Stocks: The broker supports CFD trading on a selection of notable stocks, including Microsoft Corporation (MSFT), Tesla Inc. (TSLA), Apple Inc. (AAPL), Netflix Inc. (NFLX), JPMorgan Chase & Co. (JPM), Wells Fargo (WFC), Bank of America Corporation (BAC), HSBC Holdings PLC (HSBC), Citigroup Inc (C), and MasterCard Incorporated (MA). Indices: CFD trading on key stock indices is available, with options including the S&P 500 (SPXUSD), NASDAQ 100 (NSXUSD), US Dollar Currency Index (DXY), and Dow 30 (DJI). Commodities: Traders can also engage in trading various commodities, such as gold, crude oil, natural gas, corn, and silver. Account Types Tide Technologies Group provides six account types: BRONZE with a $300 minimum deposit for beginners, SILVER requiring $600 for intermediate traders, GOLD with a $1,000 minimum deposit for advanced traders, PLATINUM for serious traders with deposits between $5,000 and $49,999, DIAMOND for high-net-worth individuals with deposits ranging from $50,000 to $199,999, and VIP for elite traders starting at a $200,000 minimum deposit. Account Type Minimum Deposit BRONZE $300 SILVER $600 GOLD $1,000 PLATINUM $$5,000 -$$49,999 DIAMOND $$50,000 -$$199,999 VIP $200,000 How to Open an Account with Tide Technologies Group Visit the Website: Go to the Tide Technologies Group website. Click 'Registration': Find and click the 'Registration' button. Fill Out the Registration Form: Enter your first name, last name, email, password, country, and phone number. Confirm that you are over 18 and not a US citizen. Submit the Form: Complete and submit the registration form. Account Verification: Verify your account by following the email instructions, which often require additional identity documents. Fund Your Account: Deposit funds via bank transfer, debit/credit cards, or other payment systems after verification. Start Trading: Log into the WebTrader platform with your credentials to begin trading. Leverage Tide Technologies Group provides a maximum trading leverage of up to 1:10. This high leverage option could be a tactic used by an unregulated broker like Tide Technologies Group to attract novice traders. Trading Platform Tide Technologies Group offers its clients the WebTrader trading platform. Accessible via web browsers, WebTrader eliminates the need for software installation, available from any device with an internet connection, whether it be a desktop or mobile device. Equipped with advanced charting tools, real-time market data, and technical analysis features, the WebTrader platform supports multiple order types, automated trading, and a suite of risk management tools. Trading Tools The arbitrage bot automates trading activities, analyzing markets and executing trades based on preset parameters around the clock. This tool reduces the influence of human emotions and inattention, utilizing advanced technologies for more efficient trading. The economic calendar keeps traders informed about important upcoming events and news releases that could affect the markets. This tool helps traders plan their strategies around significant economic events and make better-informed decisions. The technical analysis tools offer real-time data and insights, helping traders to closely follow selected commodities and execute trades based on reliable signals. Additionally, Tide Technologies Group provides advanced charting features that assist traders in thoroughly researching and analyzing trading instruments. Deposit & Withdrawal Tide Technologies Group provides multiple deposit and withdrawal options, including bank transfers, debit and credit cards, and various payment systems. Customer Support Email: compliance@tidetechnologies.group Office hours: Mon - Fri: 9:00 - 18:00 Contact Form: Accessible on the broker's website Educational Resources Tide Technologies Group has a Training section, including e-books, videos, and structured courses. The broker offers a collection of e-books covering fundamental Forex trading concepts, providing knowledge for informed decision-making. Additionally, Tide Technologies Group provides video tutorials that guide clients on investment and portfolio balancing, covering both basic and advanced trading strategies. The broker's courses equip traders with the necessary skills to implement various trading strategies, accommodating all levels of traders, from beginners to seasoned professionals. Conclusion Tide Technologies Group presents multiple asset classes, including forex, stocks, indices, and commodities, and supports traders with various account types and a WebTrader platform. However, its unregulated status and warnings from financial authorities highlight serious problems, including potential issues with fund security and fair trading practices. The lack of clear information on trading costs and the absence of direct phone support further diminish its appeal. FAQs Q: Is Tide Technologies Group a regulated broker？ A: No, Tide Technologies Group operates without regulation from any recognized financial authority. Q: What trading instruments are available at Tide Technologies Group？ A: Tide Technologies Group offers trading in forex, stocks, indices, and commodities. Q: What is the minimum deposit to start trading with Tide Technologies Group？ A: The minimum deposit required is $300. Q: Which trading platform does Tide Technologies Group provide？ A: Tide Technologies Group provides the WebTrader platform for trading. Q: What is the highest leverage Tide Technologies Group offers？ A: The highest leverage available is 1:10. Q: How can I reach Tide Technologies Group's customer support？ A: Customer support can be reached via email at compliance@tidetechnologies.group or through the online contact form, available during office hours, Monday to Friday, from 9:00 AM to 6:00 PM. Q: Are there educational materials available for traders at Tide Technologies Group？ A: Yes, Tide Technologies Group offers educational materials such as e-books, instructional videos, and trading courses. Risk Warning Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies. Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.