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TP FinTech -

Score

1.52 /10
Danger

TP FinTech

Vanuatu

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Vanuatu Retail Forex License Revoked

High potential risk

http://www.tpi66.com/index.html

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Comparison

Quantity 9

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.05

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

Single Core

1G

40G

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Broker Information

More

Company Name

TP FinTech

Company Abbreviation

TP FinTech

Platform registered country and region

Vanuatu

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2024-12-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Exposure

9 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw in TP FinTech

Delay withdrawals with various excuses.

2021-07-13 15:44
Scam

Fraud platform

My deposited was deleted by the system. The website changed from www.tpi88 to tpi66, which was a clone company. It even changed the address. Severe slippage led to the delay of transactions.

2021-09-18 15:23
Unable to Withdraw

Unable to withdraw

Someone recommended this broker cuz they could withdraw funds normally while we haven't withdrawn funds for nearly a month. I don't know how long I have to wait

2021-07-14 16:51
Others

TP FinTech changed the data of customers' accounts at will. Dare you invest here?

TP FinTech changed the data of customers' accounts at will. Dare you invest here?

2021-07-13 16:08
Others

No real business office. They don't send me their office pictures cuz they are afraid

The customer service keeps finding excuses.

2021-07-13 17:18
Others

TP FinTech is a scam platform

1, the deposit and withdrawal records were cleared by the system 2, the deposit was made to a private account, not a public account 3, the public account was frozen, 4, the official website was changed from www.tpi88 to tpi66, before that it was a fake licensed company with no actual office location, so it changed its address and regulatory office, 5, there was a serious slippage in the trading process, sometimes it took half a minute to open a position, and half a minute to close a position, at first I thought that the network speed is not good, but the video is smooth, open and close positions sometimes have two or three pips of spread, there are even 3, 4 pips of spread, and later on the Internet I saw similar investors and knew that the platform controlled the slippage behind the stage, 6 Vanuatu financial license cost only USD2000, but the regular regulation are at least USD 1 million

2021-07-07 20:10
Unable to Withdraw

Disable the account for no reason

After I made a profit from normal trading, I made several consecutive withdrawals, but in the end, the funds were not paid to the account and the account was inexplicably frozen. Confused

2022-03-31 17:03
Unable to Withdraw

Unable to withdraw

Unable to withdraw. I’ve waited for a few months for quick approval. Please continue to follow when I will withdraw the statement,

2021-07-16 17:39
Others

TP FinTech is regulated by VFSC. This license can be got by $2000. Your assets can not be secured

A typical fraud platform. Do not invest here

2021-07-13 16:19
    TP FinTech · Company summary

    Note: TP FinTech's official website: http://www.tpi66.com/index.html is normally inaccessible.

    TP FinTech Information

    TP FinTech is a brokerage company registered in Hong Kong. Trading access to indices, energies, and precious metals. While the broker's official website has been closed, so traders cannot obtain more security information.

    Is TP FinTech Legit?

    TP FinTech is authorized and regulated by the Vanuatu Financial Services Commission(VFSC), the current status is Revoked, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

    Is TP FinTech Legit?
    Is TP FinTech Legit?

    Downsides of TP FinTech

    • Unavailable Website

    The website of TP FinTech is inaccessible, raising concerns about its reliability and accessibility.

    • Lack of Transparency

    Since TP FinTech does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

    • Regulatory Concerns

    The VFSC regulates TP FinTech. However, the Revoked status is less safe than a regulated one.

    • Withdrawal Difficulty

    According to a report on WikiFX, a few users encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.

    Negative TP FinTech Reviews on WikiFX

    On WikiFX, “Exposure” is posted as a word of mouth received from users.

    Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

    Negative TP FinTech Reviews on WikiFX

    Currently, there are 9 pieces of TP FinTech exposure in total.

    Exposure. Cannot withdraw & Scams

    ClassificationUnable to Withdraw/Scams
    Date2021-2022
    Post CountryHong Kong, China

    You may visit: https://www.wikifx.com/en/comments/detail/202203313302984195.html https://www.wikifx.com/en/comments/detail/202109188112351007.html https://www.wikifx.com/en/comments/detail/202107166002704739.html.

    Conclusion

    TP FinTech Since the official website cannot be opened, traders cannot get more information about security services. In addition, the Revoked status indicates that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

    User Reviews

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    User comment

    3

    Comments

    Write a review

    Eason85782
    more than one year
    ¡No negocie con TP FinTech! Totalmente una empresa de estafa. ¡Me han estafado casi $5,000! Rechazaron mi solicitud de retiro por varias razones y ahora ni siquiera puedo abrir su sitio web.
    ¡No negocie con TP FinTech! Totalmente una empresa de estafa. ¡Me han estafado casi $5,000! Rechazaron mi solicitud de retiro por varias razones y ahora ni siquiera puedo abrir su sitio web.
    Translate to English
    2022-11-28 10:27
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    FX1052259010
    more than one year
    The website is down, customer service cannot be contacted, no one answers the phone calls, and there is no reply to the emails. There is still some money in my account that has not been withdrawn. . .
    The website is down, customer service cannot be contacted, no one answers the phone calls, and there is no reply to the emails. There is still some money in my account that has not been withdrawn. . .
    Translate to English
    2022-11-25 12:03
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    9