TPK Trading Compliant Review

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TPK Trading claims to be a cost effective and cutting edge trading brokerage for the retail audience. Trading instruments offered are a lot and it appears to be geared towards the beginner crowd. Sadly, conditions and fees are not outlined enough.

Legal and regulatory stances are also not showcased. Leverage offered varies anywhere between 1:100 to 1:400, but the minimum deposit requirement is too high. Continue reading to know whether this platform should be something you should even consider.

TPK Trading Overview

 

This platform in plain words is nothing more than an unregulated offshore entity. Owners and holding companies are a mystery. There is no security of funds and in case of disputes or recovery of funds, it will be a daunting task to hold them accountable in the court. Leverage is dependent on the account type and showcased.

However, the minimum capital required to get started with them is $5000 which is way too high compared to the industry’s standard. Information regarding processing time is also not mentioned. Simply put, the ambiguity is high and lack of transparency is overwhelming.

 

Contact Information

 

A couple of phone numbers are published on their website. No physical address can be linked to them. Also, working hours are unknown.

Email – support@tpktrading.com

Phone – +61489906264, +442039898525

 

TPK Trading: Scam or Legit?

 

It is too early to put a label on TPK Trading. Nonetheless, we are not inclined towards believing that they are legitimate. A lot of concerning things can be spotted on their platform.

It wouldn’t be a wise choice to even think about indulging with them as they are likely to bring nothing more than trouble to the table. So, do not go against facts and stay away from them.

 

Bottom Line

 

There are a lot of new brokerages in the finance realm. A lot of them have bold tag lines, but do not let that blind you from the basics. Always make a decision based on facts and for any reason if you can’t find ways to verify the regulatory status, get a professional involved.