TNG Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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I sent 12 x separate payments to the the trader account from my Thai bank, all witnessed by TNG on the day and as they requested (US$ 5,000 was the transfer limit) Will the attached suffice if I send all of them to you ?
In 2025, TNG continues to generate significant scrutiny within the forex brokerage community. This review synthesizes various sources to provide a comprehensive picture of TNG, highlighting both its potential and its pitfalls. Key findings suggest that while TNG offers a range of trading options and a user-friendly platform, it operates without valid regulatory oversight, raising substantial concerns about its legitimacy and the safety of clients' funds.
Note: It is crucial to be aware that TNG operates across different jurisdictions, which may impact regulatory compliance and user experience. This review aims for fairness and accuracy by relying on multiple sources.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 3 |
| Tools and Resources | 5 |
| Customer Service and Support | 4 |
| Trading Setup (Experience) | 5 |
| Trustworthiness | 2 |
| User Experience | 4 |
How We Rate Brokers: Our scoring is based on an analysis of user reviews, expert opinions, and factual data from reliable sources.
TNG, operating under TNG Global Limited, has been active for approximately 2 to 5 years, with its headquarters located in London, United Kingdom. The broker claims to provide a variety of financial products, including forex, CFDs, commodities, and indices, with leverage up to 100:1 on the popular MetaTrader 4 (MT4) platform. However, it is important to note that TNG has not secured regulation from any major authority, such as the Financial Conduct Authority (FCA), which raises red flags regarding its operational legitimacy.
TNG is not regulated by any recognized financial authority, which is a significant concern for potential traders. According to WikiFX, TNG has a regulatory score of 0.00, indicating a lack of oversight. This absence of regulation can expose clients to higher risks, including potential fraud or mismanagement of funds.
TNG appears to support various payment methods, including major credit cards and e-wallets like PayPal. However, the lack of transparency regarding withdrawal fees and processing times raises questions about the overall user experience. Users have reported challenges with withdrawing funds, a common issue among unregulated brokers.
The minimum deposit required to open an account with TNG is not explicitly stated in the sources reviewed. This vagueness could deter potential traders looking for clear entry requirements.
While TNG may offer promotions, the lack of specific details in available sources makes it difficult to assess their attractiveness or fairness. Many brokers use bonuses as a marketing tool, but these often come with stringent terms that may not be favorable to traders.
TNG claims to provide a wide range of assets for trading, including forex pairs, commodities (like gold and silver), and indices. However, the actual availability of these assets can vary, and traders are encouraged to verify this through the broker's platform.
The specifics regarding spreads, fees, and commissions at TNG are not clearly outlined in the sources. Generally, unregulated brokers may have hidden fees that can significantly impact trading profitability. Traders should exercise caution and conduct thorough due diligence before engaging.
TNG offers leverage of up to 100:1, which can amplify both gains and losses. While higher leverage can attract traders looking for significant returns, it also increases the risk of substantial losses, making it essential for users to understand the risks involved.
The primary trading platform available at TNG is MT4, a widely recognized platform known for its reliability and advanced trading tools. However, the absence of alternative platforms like MT5 could limit options for more experienced traders seeking advanced features.
TNG does not provide clear information regarding restricted regions, which can be a critical factor for potential clients. Traders are advised to confirm whether they can legally operate with TNG based on their location.
Customer support at TNG can be reached primarily via email, with no direct phone support mentioned. This lack of direct communication channels may hinder timely assistance for users facing issues.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 3 |
| Tools and Resources | 5 |
| Customer Service and Support | 4 |
| Trading Setup (Experience) | 5 |
| Trustworthiness | 2 |
| User Experience | 4 |
Account Conditions: TNG's lack of regulation severely impacts its account conditions, resulting in a low score. Users should be cautious when opening accounts with unregulated brokers, as this could lead to potential fund loss.
Tools and Resources: While TNG offers the MT4 platform, the absence of additional tools may limit traders' effectiveness. The platform is praised for its stability, but users may find themselves wanting more advanced features.
Customer Service and Support: Customer service is primarily conducted through email, which may not suffice for urgent issues. Users have expressed dissatisfaction with the lack of direct support channels.
Trading Setup (Experience): TNG's trading experience is average, with a straightforward interface but limited resources. Traders may find the platform user-friendly, but the lack of advanced tools can be a drawback.
Trustworthiness: The most significant concern with TNG is its lack of regulation, which leads to a low trustworthiness score. Users are advised to exercise extreme caution and consider the risks before investing.
User Experience: Overall user experience is moderate, with some users appreciating the platform's ease of use, while others express concerns over withdrawal difficulties and lack of support.
In conclusion, while TNG offers a range of trading options and a familiar platform, its unregulated status poses significant risks. Potential users should conduct thorough research and consider alternative brokers with stronger regulatory oversight to ensure the safety of their investments. This TNG review highlights the importance of understanding the risks associated with trading with unregulated brokers.
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