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TCM -

Score

1.48 /10
Danger

TCM

Belize

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://tradecapitalmarket.com

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.79

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Trade Capital Market Ltd.

Company Abbreviation

TCM

Platform registered country and region

Belize

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
TCM · Company summary

Note: TCM's official website: https://tradecapitalmarket.com/ is currently inaccessible normal.

TCMReview Summary
Founded2024
Registered Country/RegionBelize
RegulationUnregulated
Market InstrumentsForex, Commodities, Stocks, Precious Metals, Indices
Demo Account✅
LeverageUp to 1:1000
SpreadFrom 0 pips
Trading PlatformMT5
Min Deposit$10
Customer SupportPhone: +44-2036958896, +971-43306363
Email: support@tradecapitalmarket.com
Company Address: New Horizon Building, Philip S.W, Belize City, Belize

TCM, also known as TradeCapitalMarket, is positioned as an unregulated broker. It is headquartered in Belize and provides more than 120 trading instruments, including 50 forex pairs and different CFDs on indices, equities, commodities, cryptocurrency, and precious metals.

TCM's home page

Pros & Cons

ProsCons
Multiple market instrumentsUnregulated
Unfunctional website
Non-transparent trading conditions

Is TCM Legit?

TCM has not been regulated by any authorities, which makes them completely unaccountable for the way they handle their clients funds.

No license

What Can I Trade on TCM?

Trading AssetAvailable
forex✔
metals✔
commodities✔
indices✔
energies❌
stocks/shares✔
cryptocurrencies❌
options❌
funds❌
ETFs❌

Account Type/Leverage/Spread & Commission

Account TypeMin DepositMax LeverageSpreadCommission
Prime$100001:100From 0.1 pips$5
Optimum$10001:300From 0.3 pips$5
0 Spread$10001:500From 0.0 pips$5
Elite$1001:700From 0.5 pips$5
SOLO$101:1000From 0.1 pips$5
Account comparison

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop, Mobile, WebExperienced traders
MT4❌Desktop, Mobile, WebBeginners
MT5

News

News"My account was disabled by Broker" ~ Victim said in his complaint against TCM broker

A User from India complaint against TCM broker on 26 April, 2023. User shared his incident on Wikifx. Victim says that he opened his account on TCM Broker through TCM's Agent on 27/02/2023.

WikiFX
2023-05-02 20:00
"My account was disabled by Broker" ~ Victim said in his complaint against TCM broker
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User Reviews

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User comment

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Comments

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覃园园
more than one year
The minimum deposit amount is just 10 dollars and the leverage is up to 1:1000. YOU can invest with good terms and conditions BUT WITHDRAWS come with STRINGS like depositing so much to withdraw. THINK TWICE AND INVESTIGATE from them if they don't tell you about it then SHARE WASTE OF TIME AND RESOURCES.
The minimum deposit amount is just 10 dollars and the leverage is up to 1:1000. YOU can invest with good terms and conditions BUT WITHDRAWS come with STRINGS like depositing so much to withdraw. THINK TWICE AND INVESTIGATE from them if they don't tell you about it then SHARE WASTE OF TIME AND RESOURCES.
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2023-03-24 15:33
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