Score
TCM Globals
Cyprus|2-5 years| https://tcmglobals.com/
Website
Rating Index
Contact
Licenses
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Cyprus
2-5 years Suspicious Regulatory License Suspicious Scope of Business Suspicious Overrun High potential riskAccount Information
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Website
tcmglobals.com
Server Location
United States
Website Domain Name
tcmglobals.com
Server IP
185.212.71.60
Company Summary
| TCM Globals Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Cyprus |
| Regulation | Suspicious clon |
| Market Instruments | Forex, Stocks, Commodities, Futures, Bonds, Cryptocurrencies |
| Demo Account | Available |
| Leverage | Up to 1:500 |
| Spread | Starts from 0 pips |
| Min Deposit | $100 |
| Customer Support | Phone: +357 22 030446 |
| Email: support@tcmglobals.com | |
TCM Globals Information
Established in Cyprus in 2022, TCM Globals offers a wide range of trading assets, including forex, equities, commodities, futures, bonds and cryptocurrencies. With the competitive advantage of offering 24/7 customer support, the platform offers a user-friendly trading environment accessible on Android, iOS and desktop devices with leverage up to 1:500 and competitive spreads as low as 0 points.
Pros and Cons
| Pros | Cons |
| 24/5 Customer Support | A suspicious clone Status |
| User-friendly trading platform accessible on Android, iOS, and desktop devices | Higher Minimum Deposit for VIP/Exclusive Accounts |
| Competitive Spreads as Low as 0 pips | |
| Copy trading feature provided | |
| Leverage up to 1:500 |
Is TCM Globals Legit?
TCM Globals operates under the supervision of two different regulatory bodies, namely the Cyprus Securities and Exchange Commission (CYSEC) and the South African Financial Sector Conduct Authority (FSCA). However, these two licenses are labelled as clones.
Under the supervision of CYSEC, TCM globals holds a Market Maker (MM) license No. 227/14.
Meanwhile, in South Africa, TCM globals falls under the regulatory purview of the FSCA and holds a Financial Services company license with license number 47857.
What Can I Trade on TCM Globals?
TCM Globals provides more than 1000 types of instruments, mainly including forex, stocks, commodities, futures, bonds and crypticurrencies.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| Stocks | ✔ |
| Forex | ✔ |
| Crypto currencies | ✔ |
| Futures | ✔ |
| Bonds | ✔ |
| Binary Options | ❌ |
| Mutual Funds | ❌ |
Account Types
TCM Globalsoffers three live account types, namely Standard Account, GOLD Account, PLATINUM ACCOUNT and VIP Account.
| Standard | Gold | Platinum | VIP | |
| Minimum Deposits | $100 | $5,000 | $10,000 | $50,000 |
| Spread Types | Variable | Variable | Variable | Variable |
| Spread from | 1.2 | 0.9 | 0.6 | 0.3 |
| Leverage | 1:500 | 1:500 | 1:500 | 1:300 |
| Min Transaction Size | 0.01 lot | 0.01 lot | 0.01 lot | 0.01 lot |
| Bonuses | 80% | 80% | 100% | 100% |
Leverage
TCM Globals offers a maximum leverage of 1:500 to its traders.
TCM Globals Fees
The spread of standard, gold, platinum and VIP accounts is 1.20, 0.9, 0.6 and 0.3 respectively.
Trading Platform
TCM Globals provides TCM Globals official trading platform to serve for clients .
| Trading Platform | Supported | Available Devices | Suitable for |
| TCM Globals | ✔ | Desktop, Android, and iOS | Investors of all experience levels |
Deposit and Withdrawal
TCM Globals traders can make deposits using Bitcoin, wire transfers, UPI (Unified Payment Interface), Tether and Perfect Money.
| Deposit Options | Min. Deposit | Fees | Deposit Waiting Time |
| Local banks | 100.00 USD | No Commission | UpTo 24 hours |
| Tether (TRC-20) | UpTo 100.00 USD | No Commission | 1-3 hours |
| Credit/debit cards | 0.0020 BTC | No Commission | 1-6 hours |
| Bitcoin | 100.00 USD | 3% Commission | 1-6 hours |
| Wir transfer | 100.00 USD | 3% Commission | UpTo 5 days |
| Deposit Options | Min. Deposit | Deposit Waiting Time |
| Local banks | 100.00 USD | 24 hours |
| Tether (TRC-20) | 100.00 USD | 24 hours |
| Bitcoin | 100.00 USD | 24 hours |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Suspicious Overrun
- High potential risk
News
Exposure "I lost a big amount," Victim accused the broker
Is that broker begging you to invest your money into it? Calling you 20 times a day? Giving you tempting deals? If your answer is yes to all these questions, Then it’s high time for you to maintain a distance from the broker. If you don't make a difference now, Soon You will become a victim. As this user became one.
2024-02-22 18:22
Exposure TCM Globals is making people fool
"One day, a random person called and convinced me to invest money with TCM Globals." A complainant said. She complaint against TCM Globals on WikiFX on January 20, 2024.
2024-01-23 19:14
Review 4
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siri96
India
They called me after few reviews they will give you withdrawal on 25th January but still today no response no call no mail they are scammers dear viewers pls don't invest here save your time and money ..,.,........
Exposure
02-16
siri96
India
I have invested 5000 usd with tcmglobals gold account maid some profits also but when am asking withdrawal apart from my profit only my investment also they are not responding past one month when am raising request every day they blocked my account find the attached document below
Exposure
01-21
Tan Wei Jie
Singapore
TCM Global's copy trading solution is no worse than IC Markets. I am not talking big. Really a solid one.
Positive
07-22
bui tran anh tu
Vietnam
Fast deposit and withdrawal, low spread fee
Positive
2023-04-28