Score

1.32 /10
Danger

TGKKAM

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Regulatory Index0.00

Business Index5.53

Risk Management Index0.00

Software Index4.00

License Index0.00

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 146311) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

TGKKAM · Company summary
Aspect Information
Registered Country/Area United Kingdom
Founded Year 1-2 years ago
Company Name tgkkam limited
Regulation No Regulation
Minimum Deposit Not specified
Maximum Leverage Up to 1:500
Spreads Starts at 1 point
Trading Platforms MT5
Tradable Assets Foreign Exchange, Precious Metals, Crude Oil, Indices, Cryptocurrency
Account Types Not categorized
Demo Account Not specified
Islamic Account Not specified
Customer Support Email, phone, live chat (24/7)

Overview of TGKKAM

TGKKAM is a brokerage firm operating in the United Kingdom and claims to be regulated in the United States. However, the regulatory status of TGKKAM is questionable, as it has been flagged as an unauthorized broker with suspicious regulatory licenses. This lack of regulation raises concerns about the company's legitimacy and potential risks associated with trading through TGKKAM. Users should exercise caution when dealing with unregulated entities like TGKKAM, as they may lack necessary oversight and protection.

TGKKAM offers a range of market instruments for trading, including foreign exchange, precious metals, crude oil, indices, and cryptocurrencies. This provides investors with various options to participate in different markets and potentially capitalize on market movements. However, it's important to note that the quality of the available instruments does not compensate for the potential risks associated with an unregulated broker like TGKKAM.

TGKKAM offers the MT5 trading platform, providing users with valuable analytical tools and algorithmic sessions. While the quality of the trading platform may be commendable, it is crucial to consider the overall risks and lack of regulation associated with TGKKAM as a company.

In conclusion, TGKKAM is an unregulated brokerage firm with questionable regulatory licenses. While it offers a range of market instruments and a reliable trading platform, users should be cautious due to the potential risks associated with trading through an unregulated entity. It is advisable to consider alternative options with stronger regulatory oversight and transparent operations.

basic-info

Pros and Cons

TGKKAM presents a number of potential advantages and disadvantages. On the positive side, the brokerage offers trading opportunities in cryptocurrencies, allowing investors to participate in the dynamic and evolving world of digital currencies. Additionally, TGKKAM utilizes the reliable MT5 trading platform, known for its analytical tools. The availability of a mobile app enables traders to access the platform from anywhere. Furthermore, TGKKAM provides leverage up to 1:500, allowing traders to magnify their positions in the financial markets. However, there are also several drawbacks to consider. Limited information and exposure about the broker raise concerns, making it difficult to fully assess its credibility. The regulatory license of TGKKAM is considered suspicious, indicating potential risks associated with the company. Moreover, the official website of TGKKAM is unavailable, which may hinder access to essential information. Finally, TGKKAM primarily operates in the Chinese market, potentially limiting its accessibility and diversity of services.

Pros Cons
Provides trading opportunities in cryptocurrencies Limited information and exposure
Utilizes the reliable MT5 trading platform Suspicious regulatory license
Offers a mobile app for trading on the go Official website unavailable
Leverage up to 1:500 High potential risk
Operates primarily in the Chinese market

Is TGKKAM Legit?

TGKK LIMITED, as mentioned in the provided information, is described as an unauthorized broker and lacks valid regulation. It is important to note that this information suggests a potential risk associated with the company. Users should exercise caution when dealing with an unregulated entity, as it may lack the necessary oversight and protection offered by regulatory authorities.

regulation

Market Instruments

Foreign Exchange: TGKKAM provides a range of currency pairings for foreign exchange trading, including commonly traded pairs such as USD/CAD, EUR/USD, and GBP/USD.

Precious metals: TGKKAM offers trading opportunities for various precious metals through spot trading. Metals like silver (XAGUSD) and gold (XAUUSD) can be traded, providing investors with exposure to the precious metals market.

Crude oil: TGKKAM enables trading of US crude oil (UsOIL), allowing investors to participate in the fluctuations of the oil market.

Indices: TGKKAM offers trading opportunities in major stock market indices, including the S&P 500 Index (US500), German Index (GER30), and Hong Kong Hang Seng Index (HK50). Investors can speculate on the performance of these indices and potentially capitalize on market movements.

Cryptocurrency: TGKKAM allows trading of different digital currency pairs, with notable options including Ether (ETH/USD), Bitcoin (BTC/USD), and Ripple (XRP/USD). This gives investors the opportunity to engage in the dynamic and evolving world of cryptocurrencies.

market-instruments
Pros Cons
Provides a range of currency pairings for foreign exchange Limited information and exposure
Offers trading opportunities in precious metals Not available in all countries
Enables trading of US crude oil Some instruments may have high spreads
Provides trading opportunities in major stock market indices Operates primarily in the Chinese market
Allows trading of various digital currency pairs Official website unavailable

Account Types

TGKK LIMITED, a brokerage firm, does not categorize its account types. Instead, they offer a streamlined approach where clients can open a real account directly through their Client Area.

How to Open an Account?

To open an account with TGKK LIMITED, follow these steps:

  1. Visit the TGKK LIMITED website and click on the “Register” button.

open-account

2. Fill out the registration form with the following information:

- Email: Provide a valid email address.

- Password: Create a secure password for your account.

- Full Name: Enter your complete legal name.

- Detailed Address: Provide your residential address.

- Phone Number: Enter your contact number.

- Gender: Select your gender from the options provided.

- Invitation Code: If you have an invitation code, enter it in the designated field.

3. Once you have filled in all the required information, review the terms and conditions, and if you agree, click on the “Signup” button to submit your registration.

open-account

4. After completing the registration process, you will gain access to the TGKK LIMITED Client Portal.

5. In the Client Portal, you can fund your account, withdraw funds, provide additional information about yourself, undergo verification procedures if required, and access your trading results.

6. The Client Portal also provides a graphical representation of your trading performance, displaying your losses and earnings over time.

open-account

Leverage

TGKKAM offers a leverage ratio of up to 1:500, which allows traders to magnify their trading positions in the financial markets.

Spreads

The spreads offered by TGKKAM begin at a base level of 1 point, allowing clients to engage in trading activities with minimal cost.

Trading Platforms

TGKKAM offers the MT5 as its trading platform, which is known for its reliability and efficient trade execution. The platform provides users with valuable analytical tools and algorithmic sessions. However, it's important to note that the quality of the trading platform does not necessarily reflect the trustworthiness of the company itself.

One advantage of the MT5 platform is that it offers a mobile app for both Android and iOS devices, allowing traders to access it from anywhere. This mobility is crucial in making timely investment decisions. The mobile version of the platform is designed to be user-friendly and easy to navigate.

trading-platform
Pros Cons
User-friendly and easy-to-navigate mobile version of the platform Mobile app is not as feature-rich as the desktop version
Provides valuable analytical tools and algorithmic sessions Lack of transparency regarding company trustworthiness
Mobile app availability for both Android and iOS devices Limited information on platform features and functionalities
Potential risks associated with an unregulated company

Customer Support

TGKKAM offers customer support services to assist users with their inquiries and concerns. The customer support team can be reached through various channels, including email, phone, and live chat. They are available around the clock, 24 hours a day and seven days a week, ensuring that users can seek assistance whenever they need it. To contact customer support, you can send an email to support@ccfgroupam.com or utilize the provided phone number. The customer support service aims to address complaints and provide guidance to users regarding platform usage.

Reviews

According to user reviews on WikiFX, TGKKAM has received positive feedback from several users. One user mentioned being initially hesitant about trading due to past scams but took a risk with TGKKAM and now enjoys financial freedom. Another user expressed satisfaction with the legitimacy of the brokerage and even purchased a new car with their earnings. Other users praised the trustworthy people involved, such as brokers and analysts, who provided expert advice and helped improve their businesses and careers. Overall, users appreciated the ease of using the trading application and the consistent earnings they achieved with the assistance of TGKKAM's brokers and analysts.

reviews

Conclusion

In conclusion, TGKK LIMITED, an unauthorized broker, lacks valid regulation and carries potential risks. Users should exercise caution when dealing with unregulated entities as they may lack necessary oversight and protection. TGKK LIMITED offers trading opportunities in various market instruments, including foreign exchange, precious metals, crude oil, indices, and cryptocurrencies. They provide a streamlined approach to account types and offer the MT5 trading platform with mobile accessibility. Customer support services are available 24/7 through email, phone, and live chat. It's important to note that user reviews on WikiFX have indicated positive experiences, highlighting the ease of use and earning potential, but user reviews should be approached with skepticism. Overall, due to the lack of regulation and potential risks, it is advised to carefully consider all factors before engaging with TGKK LIMITED.

FAQs

Q: Is TGKKAM a regulated broker?

A: No, TGKKAM lacks valid regulation and is considered an unauthorized broker.

Q: What are the market instruments offered by TGKKAM?

A: TGKKAM offers foreign exchange (forex), precious metals, crude oil, stock market indices, and cryptocurrencies for trading.

Q: Does TGKKAM have different account types?

A: No, TGKKAM does not categorize its account types and offers a streamlined approach for opening a real account.

Q: How can I open an account with TGKKAM?

A: To open an account, visit the TGKKAM website, complete the registration form, agree to the terms and conditions, and submit your registration.

Q: What leverage does TGKKAM offer?

A: TGKKAM offers a leverage ratio of up to 1:500 for traders.

Q: What trading platform does TGKKAM use?

A: TGKKAM uses the MT5 trading platform, which is available as a mobile app for Android and iOS devices.

Q: How can I contact TGKKAM customer support?

A: You can contact TGKKAM customer support through email, phone, or live chat. They are available 24/7.

Q: Are there positive user reviews about TGKKAM?

A: Yes, according to user reviews on WikiFX, TGKKAM has received positive feedback from users regarding its legitimacy and the support provided by brokers and analysts.

Q: Should I be cautious when dealing with TGKKAM?

A: Yes, as TGKKAM is an unauthorized broker and lacks valid regulation, there is a potential risk associated with the company. Exercise caution when dealing with unregulated entities.

User Reviews

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Jefferson Beauregard
more than one year
TGKKAM is waving some serious red flags. First off, the whole unauthorized broker and suspicious license situation is a major deal-breaker. It's like, can you even trust them? The lack of info on the website and not being available everywhere is a headache. Plus, if you're looking for clear account types, good luck with that. I'd say there are way safer options out there where you don't gotta worry about all this drama.
TGKKAM is waving some serious red flags. First off, the whole unauthorized broker and suspicious license situation is a major deal-breaker. It's like, can you even trust them? The lack of info on the website and not being available everywhere is a headache. Plus, if you're looking for clear account types, good luck with that. I'd say there are way safer options out there where you don't gotta worry about all this drama.
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2023-12-07 14:37
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Christophera
more than one year
TGKKAM's got a mix of good and not-so-great stuff. It's cool that they let you trade cryptocurrencies and use the MT5 platform, which is solid. But, gotta be real, there's not enough info about them, and the whole shady regulatory situation is sketchy. The website being MIA makes it hard to know what's up.
TGKKAM's got a mix of good and not-so-great stuff. It's cool that they let you trade cryptocurrencies and use the MT5 platform, which is solid. But, gotta be real, there's not enough info about them, and the whole shady regulatory situation is sketchy. The website being MIA makes it hard to know what's up.
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2023-12-06 16:29
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