Search

TP TRADES foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://secure.tptrades.com/public/index/register, about the company's legal and temporary regulatory information, the company's address PB 1257 Bonovo Road, Fomboni Island of Mohéli Fomboni, Comoros.

TP TRADES Forex Broker

No Regulation
TP TRADES

Rating Index

This rating is sourced from logo

Company profile

TP Trades Review SummaryFounded2019Registered Country/RegionComorosRegulationNFA (Exceeded)Market InstrumentsForex, Metals, Indices, Cryptos, CFDsDemo Account❌SpreadFrom 1.5 pips (Standard account)LeverageUp to 500xTrading PlatformMT4Minimum DepositUSD 20Customer SupportContact ticket, live chatTel: +662-0963249Email: SUPPORT@TPTRADES.COMRegistered address: PB 1257 Bonovo Road, Fomboni Island of Mohéli Fomboni, ComorosRestricted RegionsUnited States of America, European Countries, the Islamic Republic of Iran and IsraelTP Trades Information TP Trades is a Comoros-based trading broker that offers trading services mainly in forex, metals, indices, cryptocurrencies and CFDs, to both retail and institutional clients. It offers two live accounts, with an affordable minimum deposit USD 20 and tight starting spread from 0 pips. In addition, traders can enjoy top-notch trading experience with the industry-leading MetaTrader 4 platform. And the broker implements fund segregation to protect customer assets and provides banking and treasury services through world top-tier banking institution to its clients. However, one crucial thing that should raise your great attention is that the broker exceeds NFA regulation, requesting extreme cautiousness from you before deciding to trade with them.Pros and ConsPros Cons Fund segregationExceeded NFA regulationMT4 platformTrading commissions chargedAffordable minimum depositLive chat supportIs TP Trades Legit? TP Trades is currently being regulated by NFA (National Futures Association) with license no. 20251025171. However, you should aware that the regulation status is exceeded, indicating possible engagement in financial activities beyond what is legally permitted by NFA.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.NFAExceededTP Trades Group Co., LtdCommon Business Registration20251025171What Can I Trade on TP Trades?Trading InstrumentsSupportedForex✔CFDs✔Metals✔Indices✔Cryptocurrencies✔Stocks❌Bonds❌Options❌ETFs❌ Account Type TP Trades only offers two live accounts, namely Standard and ECN accounts, with an affordable minimum deposit of USD 20. Standard account is suitable for general investors even beginners, while ECN account is designed for professional traders who would like to trade with the raw spread directly from Liquidity providers.Account TypeMinimum Deposit Spread CommissionStandard USD 20From 1.5 pips❌ECNFrom 0 pipsUSD 7 per tradeLeverage While the broker offers leverage up to 500x, traders should use leverage cautiously and choose the product that best suits their experience levels to avoid huge losses.Asset ClassMaximum LeverageForex1:500Metals1:300CFDs1:200Cryptos1:7 Trading Platform TP Trades claims to use the world renowned MetaTrader 4 platform, which is well-recognized by its advanced charting tools and robust functionalities. You can reach the platform on web, or download app from Windows, mobiles phones.Trading PlatformSupported Available Devices Suitable forMT4✔Web/Windows/Mobile phonesBeginnersMT5❌/Experienced traders
How to login to TP TRADES?

TP TRADES Similar Brokers

Latest Reviews

Pros
Fund segregation to protect customer assets
Affordable minimum deposit of $20
Access to the widely used MT4 trading platform
Cons
Regulation status is exceeded, indicating potential legal issues
Trading commissions charged on certain accounts
Limited range of trading instruments compared to some competitors

Basic Information

Registered Region
Comoros
Operating Period
--
Company Name
TP Trades Holding Limited
Abbreviation
TP TRADES
Company employee
--
Customer Service Email Address
support@tptrades.com
Contact Number
+6624815630
Company Website
Company Address
PB 1257 Bonovo Road, Fomboni Island of Mohéli Fomboni, Comoros
How to login to TP TRADES?
tp trades Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a tp trades Account Registering for a tp trades account is the first step toward your trading journey. Follow these detailed steps to complete the registration process smoothly: Step 1: Accessing the Registration Page To begin, navigate to the official tp trades website. Look for the “Register” or “Sign Up” button, which is typically located prominently on the homepage. Click on it to be directed to the registration form. Step 2: Filling in Required Information You will be required to provide personal details such as your name, email address, phone number, and preferred password. Ensure that the email address you provide is valid, as it will be used for verification. Step 3: Email/Phone Verification After submitting your details, tp trades will send a verification link to your email or a code to your phone. Click on the link or enter the code to verify your contact information. This step is crucial for securing your account. Step 4: Identity Verification (if required) Depending on your region and the regulations in place, you may need to complete an identity verification process. This could involve submitting a government-issued ID or proof of address. Check the specific requirements for your region. Step 5: Registration Confirmation Once all steps are completed, you will receive a confirmation email indicating that your registration was successful. You can now proceed to log in to your account. Common Registration Issues and Solutions Issue: Verification email not received.Solution: Check your spam or junk folder. If its not there, try resending the verification email from the registration page. Issue: Identity verification fails.Solution: Ensure that the documents uploaded are clear and match the information provided during registration. If issues persist, contact customer support. Regional Differences in Registration Certain regions may have additional requirements or restrictions due to local regulations. For example, users from the United States may face stricter verification processes compared to those in other countries. Always check the specific requirements based on your location. Part Two: tp trades Account Opening Detailed Guide Understanding the Difference Between Registration and Account Opening While registration is about creating your account on tp trades, account opening involves selecting the type of trading account you want to use and providing necessary documentation. Preparation Work Before Account Opening Before opening your account, ensure you have the following: A valid form of identification (passport, drivers license). Proof of residence (utility bill, bank statement). A clear understanding of the type of trading account you wish to open. Detailed Account Opening Steps Step 1: Selecting Account Type After logging in, navigate to the “Open Account” section. tp trades offers various account types, including Standard, STP Pro, and ECN accounts. Each type has different features, spreads, and minimum deposit requirements. Step 2: Submitting Required Documents Upload the necessary documents as per the account type selected. Ensure that all documents are up-to-date and clearly legible to avoid delays. Step 3: Account Review Process Once submitted, tp trades will review your application. This process typically takes a few hours to a few business days, depending on the volume of applications. Step 4: Account Activation Upon approval, you will receive an email confirming your account activation. This email will contain your account details, including login information. Step 5: Initial Setup Log in to your tp trades account and complete any additional setup required, such as setting up two-factor authentication for added security. Frequently Asked Questions About Account Opening Q: How long does the account opening process take? A: Generally, it can take anywhere from a few hours to a couple of days, depending on the verification process. Q: Can I open multiple accounts? A: Yes, users can open multiple accounts, but each must go through the registration and verification process. Next Steps After Opening an Account After your account is activated, consider funding it and familiarizing yourself with the trading platform. Explore educational resources offered by tp trades to enhance your trading skills. Part Three: tp trades Login Process Explained Basic Web Login Process Step 1: Navigate to the Login Page Go to the tp trades website and click on the “Login” button, usually found at the top right corner of the homepage. Step 2: Enter Your Credentials Input your registered email address and password. Make sure there are no typos to avoid login errors. Step 3: Two-Factor Authentication (if enabled) If you have enabled two-factor authentication, you will need to enter the code sent to your registered mobile number or email. Step 4: Click on the Login Button Once all information is entered correctly, click the “Login” button to access your account. Step 5: Access Your Dashboard After logging in, you will be directed to your trading dashboard where you can manage your trades and account settings. Mobile App Login Process If you prefer trading on the go, download the tp trades mobile app. The login process is similar: Open the app and click “Login.” Enter your email and password. Complete any two-factor authentication if set up. Tap “Login” to access your account. Other Login Methods As of now, tp trades does not support third-party login options like Google or Facebook. Users must log in with their registered email and password. Common Login Issues and Solutions Issue: Forgotten password.Solution: Click on the “Forgot Password?” link on the login page and follow the instructions to reset your password. Issue: Account lockout.Solution: If your account is locked due to multiple failed login attempts, you may need to contact customer support for assistance. Issue: Technical issues.Solution: Ensure that you are using a supported browser and clear your browsers cache. If problems persist, try logging in using a different device. Overview of Features After Login Once logged in, you can access various features including: Trading dashboard Account settings and preferences Deposit and withdrawal options Educational resources and trading tools Additional Sections Account Security Recommendations Enable Two-Factor Authentication: Always activate two-factor authentication for enhanced security. Use Strong Passwords: Create a unique password that includes letters, numbers, and special characters. Regularly Monitor Account Activity: Regularly check your account for any unauthorized transactions. Best Practices for Account Management Keep Your Information Updated: Regularly update your personal information and documents as needed. Educate Yourself: Utilize the educational resources provided by tp trades to improve your trading skills. Set Trading Limits: Establish personal limits to manage your risk effectively. How to Get Technical Support For technical issues or inquiries, you can contact tp trades support via: Email: support@tptrades.com Phone: +66 2-0963249 Live Chat: Available on the tp trades website. This guide provides a comprehensive overview of the tp trades registration, account opening, and login processes. By following these steps and utilizing the available resources, you can successfully navigate your trading journey with tp trades.

TP Trades Forex Broker - Complete Information Guide

1. Broker Overview

TP Trades, officially known as TP Trades Holding Limited, was established in 2019. The broker is headquartered in Hong Kong and operates primarily as a private entity. TP Trades aims to serve diverse markets, catering to both retail and institutional clients across over 180 countries, including regions such as Europe, Asia, the Middle East, Africa, and Latin America.

Since its inception, TP Trades has positioned itself as a multi-asset trading platform, providing access to various financial instruments. The companys development journey includes significant milestones, such as the launch of its trading platform and the establishment of customer service channels. The broker operates under a business model that emphasizes forex trading, CFDs, and spot indices, appealing to a broad spectrum of traders.

As a forex broker, TP Trades is focused on providing access to the forex market, along with other trading services. The company claims to offer a user-friendly trading experience through its trading platform while ensuring competitive trading conditions.

2. Regulation and Compliance Information

TP Trades operates under the National Futures Association (NFA), holding the regulatory license number 0556682. However, there are concerns regarding the authenticity and effectiveness of this regulation. The broker claims to be regulated, but its operations are not recognized by more established regulatory bodies such as the Hong Kong Securities and Futures Commission (SFC).

The broker's license is listed under the Mwali International Services Authority (MISA), located in the Comoros. However, this authority lacks the proper authorization to oversee offshore companies, raising significant red flags regarding the safety of investor funds.

TP Trades does not provide clear information about its client fund segregation policies or participation in investor compensation schemes, which are critical for safeguarding client assets. Additionally, the broker claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, but the specifics of these procedures remain vague.

3. Trading Products and Services

TP Trades offers a diverse range of trading products, primarily focusing on forex currency pairs. The broker claims to provide access to over 50 currency pairs, including major, minor, and exotic currencies. In addition to forex, TP Trades also offers Contract for Differences (CFDs) on various assets, including:

  • Indices: Major global indices such as the S&P 500, NASDAQ 100, DAX 30, and FTSE 100.
  • Commodities: Trading options include precious metals like gold and silver.
  • Stocks: A selection of shares from various markets.

The broker frequently updates its product offerings, though specific details regarding new additions are not readily available. TP Trades primarily focuses on retail trading services while also catering to institutional clients, although the specifics of institutional services are not extensively detailed.

4. Trading Platforms and Technology

TP Trades utilizes the widely recognized MetaTrader 4 (MT4) platform for its trading services. This platform is available on multiple devices, including desktop, web, and mobile applications for both iOS and Android. The MT4 platform is known for its advanced charting tools, technical analysis capabilities, and support for automated trading through Expert Advisors (EAs).

The broker does not offer proprietary trading software, relying instead on the MT4 platform to deliver a robust trading experience. The execution model primarily includes STP (Straight Through Processing) and ECN (Electronic Communication Network), providing traders with direct access to the interbank market.

TP Trades has not disclosed specific details regarding its server locations or technical infrastructure, which are essential for understanding the broker's reliability and performance.

5. Account Types and Trading Conditions

TP Trades offers three main account types, each designed to cater to different trading needs:

  • Standard Account:

  • Minimum Deposit: $50

  • Spread: From 1.5 pips

  • Commission: None

  • STP Pro Account:

  • Minimum Deposit: $50

  • Spread: From 0.7 pips

  • Commission: None

  • ECN Account:

  • Minimum Deposit: $50

  • Spread: From 0.0 pips

  • Commission: $7 per lot

The leverage offered across all account types is up to 1:500, which can significantly amplify both potential profits and risks. The minimum trading size is set at 0.01 lots, allowing for flexibility in trading strategies. TP Trades does not appear to offer a demo account, which is a standard practice among many brokers to help traders familiarize themselves with the platform.

6. Fund Management

TP Trades supports various deposit methods, including bank transfers and potentially credit card payments, though specific payment options are not clearly outlined. The minimum deposit requirement across all account types is $50, making it accessible for many traders.

Processing times for deposits are generally immediate, but detailed information about any associated fees is lacking. For withdrawals, TP Trades indicates that amounts under $5,000 are processed within 24 hours, while larger withdrawals may take up to 5 business days. The minimum withdrawal amount is $10, with a maximum daily withdrawal limit of $20,000.

The broker has not provided comprehensive details regarding withdrawal fees, which is a crucial aspect for potential traders to consider.

7. Customer Support and Educational Resources

TP Trades offers customer support through multiple channels, including email (support@tptrades.com) and live chat. However, there is no direct phone support listed, which may limit accessibility for some clients. The support team claims to be available 24/7, catering mainly to English-speaking clients.

The broker provides limited educational resources, which may include basic tutorials or market analysis, but specifics are not readily available. Traders seeking in-depth market analysis or educational content may find the offerings lacking.

Additionally, TP Trades provides some trading tools, such as calculators and economic calendars, to assist traders in their decision-making processes.

8. Regional Coverage and Restrictions

TP Trades primarily serves clients in Asia, particularly in markets like Thailand and India. However, the broker does not accept clients from several major regions, including the United Kingdom, United States, and European Union countries. This restriction is significant for traders in these areas, as it limits their access to the broker's services.

The broker's operational limitations may affect its overall reach and client base, as it is essential for traders to choose brokers that align with their regional regulations and compliance requirements.

In conclusion, while TP Trades presents itself as a viable trading option with a range of products and competitive conditions, potential clients should exercise caution due to its regulatory status and lack of transparency in certain areas. As always, thorough research and consideration are crucial when selecting a forex broker.

Latest Reviews

new1864

new1864

Thailand

The manager asked me to keep depositing money. I found that there was something wrong with their quotes. They intervened in the market quotes. I suspect that they are fraudulent brokers. I have lost 23,000$, this is a Scam

Exposure

2023-05-22

FX2945530265

FX2945530265

Thailand

I have been using this broker for more than 1 year. The deposit and withdrawal system is better than other brokers

Positive

2025-02-12

joe6358

joe6358

Thailand

I feel at ease when trading here, convenient deposits and withdrawals and very fast including stable spreads during news announcements and a support team that provides services 24 hours a day, every day

Positive

2024-11-03

FX3210039978

FX3210039978

Thailand

Hey they are great . there support team is also good and they do your work very fast if you want them to do anything according to your account needs. There spreads are good . Withdrawal is really fast . I got money within 10 sec.

Positive

2024-08-06

TP TRADES Forex Broker has an overall rating of 1.26, Regulatory Index 0.00, License Index 0.00, Business Index 7.41, Software Index 9.05 Risk Control Index 0.00.