TYLENOL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://crm.tyllhk.com/apply/real.html, about the company's legal and temporary regulatory information, the company's address 23rd Floor, Low Block, New Era Plaza, 181 Queen's Road Central, Hong Kong.
Tylenol broker, officially known as Tyll Co., Ltd., was established in 2022. The company is headquartered on the 23rd floor, Low Block, New Era Plaza, 181 Queen's Road Central, Hong Kong. As a relatively new entity in the forex brokerage landscape, Tylenol operates as a private company, providing trading services primarily to retail clients across various global markets.
Since its inception, Tylenol broker has aimed to cater to the growing demand for online trading services, offering a range of financial instruments including forex, contracts for difference (CFDs), commodities, and indices. Despite its short operational history, the company has made significant strides in establishing itself in the competitive forex market.
Tylenol broker's business model focuses on retail forex trading, providing individual traders with access to a variety of trading platforms and financial instruments. The companys commitment to customer service and trading technology has been a cornerstone of its strategy, helping it to attract a diverse clientele.
Tylenol broker operates in an unregulated environment, which raises concerns regarding investor protection and oversight. The company does not hold any valid regulatory licenses from major financial authorities, which has been highlighted by various reviews. Consequently, it is essential for potential clients to exercise caution when considering trading with an unregulated broker like Tylenol.
The absence of regulation means that Tylenol broker does not have to adhere to strict compliance measures typically enforced by recognized regulatory bodies. This includes a lack of clear guidelines regarding customer fund segregation, which is crucial for protecting client assets in the event of company insolvency.
Additionally, Tylenol broker does not participate in investor compensation schemes, which are designed to protect clients in the event of broker failure. The company is also not known to implement robust Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are standard practices among regulated brokers.
Tylenol broker offers a diverse range of trading products, primarily focusing on forex currency pairs. The broker provides access to a selection of major, minor, and exotic currency pairs, catering to traders with varying preferences and strategies.
In addition to forex, Tylenol broker also offers CFDs on various asset classes, including:
Tylenol broker continuously updates its product offerings to meet market demands, although specific details on the frequency of updates or the introduction of new products have not been explicitly provided in available resources. The broker primarily serves retail clients, with no specific mention of institutional services or white-label solutions.
Tylenol broker supports the widely recognized MetaTrader 4 (MT4) trading platform, which is favored by many traders for its user-friendly interface and robust features. MT4 provides comprehensive charting capabilities, technical analysis tools, and automated trading options, making it suitable for both novice and experienced traders.
The company does not appear to offer a proprietary trading platform, nor is there any mention of a web-based trading platform or mobile applications for iOS and Android. This could be a limitation for traders seeking flexibility in their trading environments.
Tylenol broker utilizes an execution model that is not clearly defined in available information, leading to uncertainty about whether it operates as an ECN, STP, or Market Maker. The technical infrastructure, including server locations and API access for automated trading, has not been detailed, which could be a consideration for high-frequency traders.
Tylenol broker offers a standard trading account, although specific conditions such as minimum deposit requirements, spreads, and commissions are not explicitly stated in the available information.
The broker does not appear to provide specialized account types, such as VIP or professional accounts, nor is there mention of Islamic accounts or corporate accounts. The lack of detailed information on account types may limit potential clients' ability to choose the best option for their trading needs.
Leverage options at Tylenol broker are reported to be up to 1:100, which can amplify trading positions but also increases the risk of significant losses. The minimum trade size and overnight fees associated with positions have not been disclosed, which could affect traders decisions.
Tylenol broker supports various deposit methods, including bank transfers, credit cards, and electronic wallets. However, detailed information regarding minimum deposit requirements for different account types is not readily available.
The processing time for deposits can vary, and specific fees associated with deposits have not been disclosed. Clients should inquire directly with Tylenol broker for accurate and updated information.
Withdrawal methods and any associated limitations are also not clearly outlined in available resources. The processing time for withdrawals and any fees involved remain unspecified, which could impact clients' liquidity and access to their funds.
Tylenol broker offers customer support through email and potentially other channels, although specific details regarding contact methods, service hours, and language support have not been provided.
The broker appears to prioritize customer service, but without comprehensive information on the availability of support or the languages offered, potential clients may find it challenging to assess the quality of service.
Educational resources such as webinars, tutorials, and eBooks are not mentioned in the available information. Similarly, market analysis services, including daily reports and research, do not appear to be part of Tylenol broker's offerings. The absence of trading tools like calculators and signal services may also limit traders' ability to make informed decisions.
Tylenol broker primarily serves clients in various global markets, with its operations based in Hong Kong. However, specific details regarding the distribution of regional offices or the countries where services are actively provided have not been disclosed.
There is no clear indication of countries or regions from which Tylenol broker does not accept clients, which can be a significant factor for potential traders considering the broker's services. Additionally, any special restrictions or limitations that may apply to specific client groups have not been specified.
In conclusion, while Tylenol broker offers a range of trading products and services, the lack of regulation and comprehensive information regarding its operations raises concerns for potential clients. Traders are encouraged to conduct thorough research and consider these factors before engaging with the broker.
Aser9648
Taiwan
After I deposited funds, I made a profit continuously. On the day that I submitted a withdrawal request, which had never been approved normally after the first time, and informed Manager Lin that I would no longer be depositing funds, that night when I traded with my introducer, I experienced severe instant slippage which was different from other platforms and resulted in a margin call. This was obviously fraudulent behavior, and I was asked to cover the difference. The introducer disappeared without a trace! This is truly a scam and a shameful company! I demand a refund of my principal of $30,190!
Exposure
2023-06-20
KC695
Malaysia
USD3,500.00 was withdrawn on July 13, and it has not been received yet. But it appears that the money has been withdrawn to my account. The person in charge is Manager Yu +85266109121- He replied that the finance failed. no formal notice
Exposure
2023-08-17