TPS

Note: TPS's official website: https://www.tpstrade.net/zh-cn is normally inaccessible.

TPS Information

TPS is an unregulated brokerage company registered in China. While the broker's official website has been closed, so traders cannot obtain more security information.

Is TPS Legit?

TPS is authorized and regulated by the Financial Service Providers Register(FSPR). The current status is Suspicious Clone, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

After a Whois query, we found that this company's domain name is for sale, which shows that it has not registered it securely.

Downsides of TPS

• Unavailable Website

TPS's website is inaccessible, raising concerns about its reliability and accessibility.

• Lack of Transparency

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

• Regulatory Concerns

TPS is not regulated, which 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 TPS 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.

Currently, there are 5 pieces of TPS exposure in total.

Exposure. Cannot withdraw

You may visit: https://www.wikifx.com/en/comments/detail/202104193032470549.html https://www.wikifx.com/en/comments/detail/202104124312853004.html.

Conclusion

TPS Since the official website cannot be opened, traders cannot get more information about security services. In addition, the Suspicious Clone status and unregistered domain name indicate that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.