Search
TS Forex broker specializes in providing foreign exchange trading services, the company's official website http://crm.ts-forex...., the company's legitimate regulatory information New ZealandFSPRFinancial Service Corporate to enhance the security of the company's address

TS Forex Broker

Basic Information

Registered Region
New Zealand
Operating Period
--
Company Name
TIANSHENG
Abbreviation
TS
Company employee
--
Customer Service Email Address
mf@ts-forex.com
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk

Company profile

Note: TS's official website: http://www.ts-forex.com/en is currently inaccessible normally.TS Information TS is a brokerage firm registered in New Zealand. This firm's regulatory status is suspicious clone because its real address does not match with the one on the regulatory certificate. It's website has been shut down for years.Is TS Legit?Regulatory Status Suspected Fake Clone Regulated by FSPRLicensed Institution VINO GROUP LIMITEDLicensed TypeFinancial Service CorporateLicensed Number571587 TS's regulatory status is suspicious clone. Some investors called the inspection team to express their hope for more exposure to New Zealand licensed brokers whose real addresses were different from the regulation address. It was confirmed after the surveyor‘s inspection that the New Zealand licensed broker TS’s real address wasnt the same with its regulation address.Downsides of TSUnavailable Website TS's official website is currently not working. This firm may be closed.Lack of Transparency You can only find limited information about this brokerage online because it's website has been out of working for years.Regulatory Barriers TS's regulatory status is suspicious clone. Before choosing a brokerage, remember to consider the risk involved.Conclusion TS has likely been out of operation for years. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investment. When comparing brokerages, keep the potential risks firmly in mind.

TS broker review

Rating Index

  

TS Forex Broker - Complete Information Guide

  

1. Broker Overview

  TS Broker, officially known as TS Forex, was established in 2018 and is headquartered in New Zealand. The broker primarily serves the Chinese market, providing trading services to a diverse clientele that includes retail traders and institutional investors. Over the years, TS Forex has aimed to build a robust trading platform, focusing on accessibility and user-friendliness, although it has faced challenges in establishing a strong regulatory framework.

  The company operates under the Vino Group Limited, which is registered with the Financial Service Providers Register (FSPR) in New Zealand. TS Forex's business model revolves around retail forex trading, offering a variety of trading instruments to its clients. Despite being a relatively new player in the forex market, TS Forex has made strides in developing its services and aims to cater to a growing number of traders looking for reliable trading solutions.

  

2. Regulatory and Compliance Information

  TS Forex is registered with the Financial Service Providers Register (FSPR) in New Zealand. The license number associated with TS Forex under Vino Group Limited is 571587. However, the regulatory status of TS Forex remains somewhat ambiguous, as it is described as an unverified entity within the FSPR framework. This lack of comprehensive regulation raises concerns for potential investors regarding the safety of their funds.

  The broker does not participate in any investor compensation schemes, which is critical for protecting client funds in the event of insolvency. TS Forex adheres to basic Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, requiring clients to verify their identities to mitigate risks associated with financial crimes.

  Client funds are reportedly maintained in segregated accounts, which is a standard practice aimed at ensuring that client money is kept separate from the broker's operational funds. This practice is crucial for maintaining trust and ensuring that clients can access their funds when needed.

  

3. Trading Products and Services

  TS Forex offers a variety of trading products, primarily focusing on forex currency pairs. The broker provides access to a selection of major and minor currency pairs, enabling traders to engage in forex trading effectively. However, specific details regarding the total number of currency pairs available were not disclosed in the sources reviewed.

  In addition to forex trading, TS Forex offers Contracts for Difference (CFDs) across various asset classes, including indices, commodities, and stocks. However, it is important to note that the broker does not currently support cryptocurrency trading, which may limit the options for traders interested in digital assets.

  The broker's product offerings are updated periodically, although specific information regarding the frequency of updates or the introduction of new products was not available. TS Forex aims to provide retail trading services while also catering to institutional clients, although details on institutional services or white-label solutions were not mentioned in the sources.

  

4. Trading Platforms and Technology

  TS Forex primarily supports the MetaTrader 4 (MT4) trading platform, which is known for its user-friendly interface and robust trading features. The broker does not appear to offer the latest version, MetaTrader 5 (MT5), which may limit some advanced trading functionalities for users seeking the latest technology.

  The broker also provides a web-based trading platform, allowing clients to trade directly from their browsers without the need for software installation. Additionally, TS Forex offers mobile applications compatible with both iOS and Android, enabling traders to manage their accounts and execute trades on the go.

  The execution model used by TS Forex remains unspecified in the sources reviewed, leaving potential clients uncertain about whether the broker operates on an ECN, STP, or market-making basis. The broker's server locations and underlying technological infrastructure were also not detailed, which are critical factors for assessing trading performance and reliability.

  API access for automated trading was not mentioned, suggesting that TS Forex may not cater to algorithmic traders looking for direct market access through custom-built trading solutions.

  

5. Account Types and Trading Conditions

  TS Forex offers several account types designed to meet the varying needs of its clients. The standard account typically requires a minimum deposit, although specific figures were not disclosed in the available information. The trading conditions, including spreads and commissions, were also not explicitly detailed, making it challenging for prospective clients to assess the cost of trading with TS Forex.

  Advanced account types, such as VIP or professional accounts, may be available, but further details on these offerings were not provided. Additionally, the broker's policy on Islamic accounts or corporate accounts was not mentioned.

  The broker provides a demo account for new traders to practice their strategies without risking real capital. Leverage options are available, but specific ranges for different products were not disclosed. The minimum trade size and overnight fees associated with positions were also not specified, leaving potential clients with limited information on trading conditions.

  

6. Fund Management

  TS Forex supports various deposit methods, including bank transfers and credit cards. The minimum deposit requirement varies by account type, but specific figures were not provided. The processing time for deposits is generally quick, although exact timelines were not detailed.

  There may be fees associated with deposits, but the exact structure of these fees was not specified in the available information. Withdrawal methods include bank transfers and other unspecified options, with limitations on withdrawal amounts not disclosed.

  Withdrawal processing times can vary, but specifics on these timelines were not provided. The fee structure for withdrawals remains unclear, which could impact traders' decisions regarding fund management.

  

7. Customer Support and Educational Resources

  TS Forex offers customer support through multiple channels, including phone, email, and online chat. However, specific details regarding service hours and the time zone coverage were not mentioned. The broker reportedly provides support in English, catering to its primary market.

  Educational resources are limited, but TS Forex may offer some materials such as webinars, tutorials, and eBooks to assist traders in improving their knowledge and skills. Market analysis services, including daily updates and research reports, were not detailed, leaving traders uncertain about the availability of analytical support.

  Trading tools such as calculators and economic calendars may be offered, but specifics were not provided in the reviewed sources.

  

8. Regional Coverage and Restrictions

  TS Forex primarily serves clients in New Zealand and China, with a focus on the Asian trading market. The broker's regional office distribution was not specified, which may limit its accessibility for clients in other regions.

  Certain countries may be restricted from opening accounts with TS Forex, but specific details on these restrictions were not disclosed. Special limitations regarding the services offered in different regions were also not mentioned, making it important for potential clients to verify their eligibility before proceeding with registration.

  In summary, TS Forex presents itself as a broker with a focus on the New Zealand and Chinese markets, offering a range of forex and CFD products. However, its regulatory status and the specifics of its trading conditions may raise concerns for potential investors. As always, it is advisable for traders to conduct thorough research and consider their options carefully before engaging with any broker.

TS Similar Brokers

Unverified
Tradovate
Tradovate Broker - Complete Information Guide   1. Broker Overview   Tradovate,
1.67
Score
BBVA
BBVA Forex Broker - Complete Information Guide   1. Broker Overview   BBVA (Banc
1.55
Score
Unverified
 GTM
GTM Forex Broker - Complete Information Guide   1. Broker Overview   GTM, or Glo
1.55
Score
SMB Capital
SMB Capital Forex Broker - Complete Information Guide   1. Broker Overview   SMB
1.55
Score
Regulated
Peaksight
Having a license
3.74
Score
1.64
Score
1.66
Score
1.76
Score
Regulated
Innohedge Limited
5.29
Score
Offshore Regulated
Felix Markets
5.68
Score
Offshore Regulated
GTCFX
GTCFX Forex Broker - Complete Information Guide   1. Broker Overview   GTCFX, al
8.84
Score
1.86
Score
1.43
Score
1.67
Score
1.88
Score
Regulated
Rich Gold
Having a license
5.05
Score
Over-Operation
XeOne
XeOne Forex Broker - Complete Information Guide   1. Overview of the Broker   Xe
2.84
Score
CBF
Cbf Forex Broker - Comprehensive Information Guide   1. Overview of Cbf Broker
2.16
Score
Unverified
XINSHENG
Xinsheng Forex Broker - Complete Information Guide   1. Broker Overview   Compan
1.60
Score
Over-Operation
FLB
No license plate
3.19
Score
Regulated
DBS
Dbs Forex Broker - Complete Information Guide   1. Broker Overview   DBS Vickers
6.15
Score
Mina Group Fx
Mina Group FX Broker - Complete Information Guide   1. Broker Overview   Mina Gr
1.93
Score
1.83
Score
Over-Operation
Epidi
No license plate
5.48
Score
Offshore Regulated
Thunder Markets
5.39
Score
TS Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.37, Software Index 4.00 Risk Control Index 0.00.