TIME WEALTH INTERNATIONAL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.timewealthinternational.com, about the company's legal and temporary regulatory information, the company's address .
Time Wealth International, officially known as Time Wealth International HK Limited, was established approximately 2 to 5 years ago. The broker is headquartered in Hong Kong, which serves as its primary operational base. Time Wealth International is a privately held company that focuses on providing trading services primarily in the Forex market, along with other financial instruments.
The broker aims to cater to a diverse clientele, including retail traders and institutional investors, by offering a range of trading products and services. Over the years, Time Wealth International has developed a reputation for its trading solutions, although it has faced scrutiny regarding its regulatory compliance and operational practices.
The company operates under a hybrid business model, functioning as both an A-book and B-book broker (market maker), allowing it to provide various trading options to its clients. The firm has made strides in establishing itself in the competitive Forex trading landscape, although it has faced challenges related to regulatory scrutiny and customer complaints regarding withdrawal issues.
Time Wealth International is regulated by the Financial Services Authority (FSA) of Hong Kong. However, there are concerns regarding its regulatory status, as it has been noted that it lacks proper authorization by major regulatory bodies such as the National Futures Association (NFA). The broker has been reported to hold a suspicious regulatory license, which raises questions about its compliance with international standards.
The firm's regulatory number and specific details regarding its license have not been disclosed in the available information. Different regions may have varying legal entities associated with Time Wealth International, but detailed information on these entities is not available.
Client funds are reportedly kept in segregated accounts, a common practice among regulated brokers to protect clients' money. However, the specifics of the investor compensation fund participation are unclear, and there have been indications of issues related to customer withdrawals, which could pose risks for investors.
Time Wealth International claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, although the effectiveness and implementation of these policies have not been independently verified.
Time Wealth International offers a variety of trading products, primarily focusing on Forex trading. The broker provides access to a selection of currency pairs, including major, minor, and exotic currencies. The exact number of currency pairs available for trading has not been specified, but it is expected to cover a broad spectrum to cater to different trading strategies.
In addition to Forex, the broker offers Contracts for Difference (CFDs) on multiple asset classes, including:
Time Wealth International is noted for its specialized trading products, which may include unique offerings not typically found with other brokers. However, detailed information on the frequency of product updates and the introduction of new trading instruments is not provided.
The broker caters to both retail and institutional clients, providing tailored services to meet their trading needs. Moreover, Time Wealth International also offers white-label solutions for businesses looking to enter the trading market, although specifics regarding these services are limited.
Time Wealth International supports the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are popular among Forex traders for their user-friendly interface and robust features. The broker provides both desktop and mobile versions of these platforms, allowing traders to access their accounts on various devices.
While there is no indication of a proprietary trading platform developed by Time Wealth International, the availability of MT4 and MT5 ensures that traders have access to advanced charting tools, automated trading capabilities, and a wide range of technical indicators.
The broker operates under a Market Making execution model, which means that it may take the opposite side of client trades. This model can lead to potential conflicts of interest, but it also allows for tighter spreads in certain market conditions.
Time Wealth International's servers are based in Hong Kong, which can provide low latency for clients trading in the Asia-Pacific region. However, specifics regarding the technical infrastructure and server locations beyond Hong Kong have not been disclosed.
The broker does offer API access for automated trading, although details regarding the integration and support for algorithmic trading are not extensively covered in the available information.
Time Wealth International provides several account types to accommodate different trading styles and preferences. The standard account typically requires a minimum deposit, the specifics of which are not detailed in the available information. The trading conditions for this account may include competitive spreads and potential commission structures.
In addition to standard accounts, Time Wealth International may offer advanced account types, such as VIP or professional accounts, which could provide enhanced trading conditions, including lower spreads and higher leverage. Unfortunately, specific details regarding these accounts are not provided.
The broker also supports Islamic accounts for traders who require compliance with Sharia law, although the details surrounding these accounts are not elaborated upon.
Time Wealth International offers a demo account option, allowing potential clients to practice trading without risk. The leverage offered by the broker varies across different products, providing flexibility for traders to choose their preferred risk levels.
The minimum trade size and overnight fees associated with holding positions overnight have not been explicitly stated, leaving potential clients to inquire directly for this information.
Time Wealth International supports various deposit methods to facilitate funding for trading accounts. These methods may include bank transfers, credit cards, and e-wallets. The specifics of the minimum deposit requirements for different account types have not been detailed, but this is a critical factor for potential clients to consider.
The processing time for deposits typically ranges from immediate for e-wallets to 1-3 business days for bank transfers, although exact times can vary based on the payment method used.
There are indications that some deposits may incur fees, but the specifics of these fees have not been thoroughly outlined.
Withdrawals can be made through similar channels, but details regarding withdrawal limits and processing times are not clearly defined. Clients may experience delays or issues with withdrawals, as indicated by complaints found in various sources, which is an essential factor to consider when evaluating the broker's reliability.
Time Wealth International offers various support channels for clients, including telephone, email, and live chat options. The service hours and time zone coverage have not been explicitly mentioned, which may affect clients in different regions.
The broker reportedly provides multi-language support, although the specific languages offered have not been detailed. This can be a crucial factor for clients who prefer assistance in their native language.
In terms of educational resources, Time Wealth International offers a selection of materials, including webinars, tutorials, and e-books designed to help traders enhance their skills and knowledge. Market analysis services, such as daily analysis, news updates, and research reports, are also available to assist traders in making informed decisions.
The broker provides various trading tools, including calculators, economic calendars, and signal services, to help clients optimize their trading strategies.
Time Wealth International primarily serves the Asian market, with a significant focus on clients in Hong Kong and surrounding regions. The broker has established a presence in other areas, but detailed information regarding regional offices has not been provided.
However, there are restrictions on certain countries or regions, and the broker does not accept clients from specific jurisdictions. The exact countries from which clients are not accepted have not been explicitly mentioned, but this is a standard practice among brokers to comply with local regulations.
Special restrictions may apply based on regulatory requirements in different regions, which potential clients should consider before opening an account.
In conclusion, Time Wealth International presents itself as a Forex broker with a range of products and services, although it faces challenges related to regulatory compliance and customer service. As with any financial institution, potential clients are encouraged to conduct thorough research and consider their options before engaging with the broker.
This guide aims to provide a comprehensive overview of Time Wealth International, emphasizing the importance of understanding the broker's offerings and operational status before making any financial commitments.
FX3823588682
Hong Kong
On friend’s recommendation, I deposited 50 thousand dollars into this HK company for trading. Now the withdrawal is yet to be received. The legal person, Zhao Lei, is disappeared.
Exposure
2020-05-12