TGB FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-09 18:11

Abstract：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.

　　Note: TGB FX's official website - https://thegbrokers.com is currently inaccessible normally.

TGB FX Review Summary
Founded	/
Registered Country/Region	Malaysia
Regulation	Unregulated
Market Instruments	40+ CFDs on currency pairs, indices, precious metals, energies, ETFs, bonds, shares, stocks, commodities, cryptocurrencies and digital currencies
Demo Account	❌
Leverage	Up to 1:500
Spread	/
Trading Platform	MT5
Min Deposit	$250
Customer Support	24/5 live chat
	Tel: 601548770864
	Facebook, Twitter, LinkedIn and YouTube
	Address: Level 9 (G) Main Office Tower, Financial Park Labuan, Jalan Merdeka 87000 Federal Territory of Labuan

　　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.

Pros and Cons

Pros	Cons
Various trading products	Inaccessible website
Multiple account types	Unregulated status
No commissions	Unclear fee structure
MT5 platform	High minimum deposit
Popular payment options

Is TGB FX Legit?

　　No. TGB FX has no regulations currently. Please be aware of the risk!

What Can I Trade on TGB FX?

　　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.

Tradable Instruments	Supported
CFDs	✔
Currency pairs	✔
Indices	✔
Precious metals	✔
Energies	✔
ETFs	✔
Bonds	✔
Shares/Stocks	✔
Commodities	✔
Cryptocurrencies	✔
Digital currencies	✔
Options	❌

Account Type/Commission

Account Type	Standard	Premium	Pro
Min Deposit	$250	$1,000	$5,000
Commission	❌	❌	❌

Leverage

　　The maximum level offered by TGB FX is up to 500:1. Keep in mind that the safe bet is going with a 1:1 ratio. One of the most common mistakes new forex traders make is using way too much leverage. Our advice is that you can tick with a smaller ratio until you get the hang of things.

Trading Platform

　　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.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Android, iOS	Beginners
MT5	✔	Desktop, Android, iOS	Experienced traders

Deposit and 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.