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Suspicious Clone
Score
1.25 /10
Danger
TVM Global
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Comparison
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Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index5.00
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
VPS Standard
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Warning: Low score, please stay away!
3
Previous Detection :
2024-11-15
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The MalaysiaLFSA regulation (license number: MB/19/0037) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
| TVM GlobalReview Summary | |
| Founded | 2019-10-28 |
| Registered Country/Region | Malaysia |
| Regulation | Suspicious Clone |
| Market Instruments | Currencies, Indices and Commodities |
| Demo Account | ✅ |
| Spread | From 0.0 pips |
| Trading Platform | MT4, MT5, cTrader, Currenex |
| Minimum Deposit | $0 |
| Customer Support | Address: 1st Floor,Block F Lazenda Warehouse 3 Jalan Ranca 'Ranca 87000 F. T.Labuan, Malaysia |
TVM Global was registered by TVM Global LTD in Malaysia in 2019. It offers four trading platforms: MT4, MT5, CTrader and Currenex. Besides, it also provides various trading assets: Currencies, Indices and Commodities. But its regulation is suspicious.
Pros and Cons
| Pros | Cons |
| Multiple trading platforms | Suspicious regulation |
| Various trading assets | Limited information |
| Demo accounts offered | Limited contact channels |
Is TVM Global Legit?
| Regulatory Status | Suspicious Clone |
| Regulated by | Malaysia |
| Licensed Institution | TVM Global Limited |
| Licensed Type | Straight Through Processing (STP) |
| Licensed Number | MB/19/0037 |
The regulation of TVM Global is suspicious. TVM Global claims it is licensed under Labuan Financial Services Authority with LFSA License for Money Brokering Business. However, the license type is straight through processing. And email, phone and address are different from TVM Global limited.
What Can I Trade on TVM Global?
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Metals | ❌ |
| Cryptos | ❌ |
| Options | ❌ |
Account Type
TVM Global offers three account types: Individual, Corporate and Joint. It also offers demo accounts.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, mobile | Beginners |
| MT5 | ✔ | Windows | Experienced traders |
| cTrader | ✔ | Windows, mobile | Experienced traders |
| Currenex | ✔ | Windows | Experienced traders |
Deposit and Withdrawal
Deposit Options
| Deposit Options | Fees | Processing Time |
| Bank Wire | $0 | 1-2 Business Days Approx |
| Credit Card | Same Day | |
| Alternative | Same Day |
Customer Service
| Contact Options | Details |
| Phone | ❌ |
| ❌ | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | English |
| Website Language | English |
| Physical Address | Address: 1st Floor,Block F Lazenda Warehouse 3 Jalan Ranca 'Ranca 87000 F. T.Labuan, Malaysia |
The Bottom Line
To sum up, TVM Global is not a good choice for trading. While it offers four trading platform, its trading assets are limited. Besides, the regulation of TVM Global is also suspicious. Traders should be cautious when trading.
FAQs
Is TVM Global safe?
No, the regulation of TVM Global is suspicious.
Is TVM Global a good for beginners?
No. It is not safe.
Is TVM Global good for day trading?
No. The fees of TVM Global are not mentioned on the website.
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