BrokersView
Search
Download
English
Sign In

TmFx Trading ltd

Save

Operating status: SCAM

Website: https://tmfxtrading.com/

Broker violations and abnormal records
  • 2024-07-30 BrokersView has reviewed that TmFx Trading ltd is an unlicensed broker

    According to its website, it claims to be a reliable company, but it does not display any valid regulatory information on the website for inquiry. At the bottom of its webpage, it mentions multiple addresses but does not specify the detailed addresses, which is non-compliant. In addition, no matching information was found in the Cyprus Securities and Exchange Commission (CySEC), the Cayman Islands Monetary Authority (CIMA), and the Investment Industry Regulatory Organization of Canada (IIROC).

    In essence, TmFx Trading ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    TmFx Trading ltd appears to be a scam.

    According to its website, it claims to be a reliable company, but it does not display any valid regulatory information on the website for inquiry. At the bottom of its webpage, it mentions multiple addresses but does not specify the detailed addresses, which is non-compliant. In addition, no matching information was found in the Cyprus Securities and Exchange Commission (CySEC), the Cayman Islands Monetary Authority (CIMA), and the Investment Industry Regulatory Organization of Canada (IIROC).In essence, TmFx Trading ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.TmFx Trading ltd appears to be a scam.

Related Complaints

Q&A

What are trading hours of TmFx Trading ltd?

Mikka Litmanen
Cuba
2024-08-01
ANSWER Before evaluating the trading conditions, it is critical to verify a broker's legitimacy first. Given that TmFx Trading ltd is not regulated, the broker cannot be trusted.Trustworthy brokers typically display their regulator's name and their license or regulation number in the footer of their website. However, we haven't found such information provided by TmFx Trading ltd. This is a big warning sign, indicating that TmFx Trading ltd probably is not regulated by any financial authority.In light of this, TmFx Trading ltd is risky. To have a safer trading environment and peace of mind, investors are strongly advised to choose fully regulated brokers over unregulated ones like TmFx Trading ltd.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.