TGB FX-Overview of Minimum Deposit, Spreads & Leverage

General Information

TGB FX advertises that it is leading online trading service providers, offering investment services for trading with forex and CFDs on indices, metals, energies, stocks, bonds and digital currencies. It also hypes that it offers up to 500:1 leverage, no commission for any type of account and 24×5 customer support services.

Market Instruments

TGB FX gives you access to over 40 CFDs on currency pairs, including forex majors like EUR/USD, forex minors like EUR/GBP and exotic pairs like USD/CZK. It also offers CFDs on indices, precious metals, energies, ETFs, bonds, shares, stocks, commodities, cryptocurrencies and digital currencies.

Account Types

There are three trading accounts offered by TGB FX, namely Standard, Premium and Pro. The minimum initial deposit to start a standard account is $250, while the other two accounts require much higher initial capital, $1,000 and $5,000.

Leverage

In terms of trading leverage, the maximum level offered by TGB FX is quite generous, up to 500:1. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads are not concerned directly on the website. No commission is required for any type of account.

Trading Platform Available

When it comes to trading platforms available,TGB FX gives traders two choices: Meta Trader 4 and Meta Trader 5. Meta Trader 4 is the most popular platform for trading on the forex market, which includes a knowledge database. By contrast, the latest version of Meta Trader 5 platform serves an opportunity to choose between netting.

Deposit & Withdrawal

TGB FX offers some deposit options, such as bank transfer, wire transfer and debit card, while withdrawal options are not concerned directly on the website.

Customer Support

TGB FXs customer support can be reached through phone: +601548770864, website: www.thegbrokers.com and live chat. Besides, you can also follow this broker on some social media platforms like Facebook, Twitter, LinkedIn and YouTube. Company address: Level 9 (G) Main Office Tower, Financial Park Labuan, Jalan Merdeka 87000 Federal Territory of Labuan.