TCM Globals Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-06 13:48

Abstract：Established in Cyprus in 2022, TCM Globals offers a wide range of trading assets, including forex, equities, commodities, futures, bonds and cryptocurrencies. With the competitive advantage of offering 24/7 customer support, the platform offers a user-friendly trading environment accessible on Android, iOS and desktop devices with leverage up to 1:500 and competitive spreads as low as 0 points.

TCM Globals Review Summary
Founded	2022
Registered Country/Region	Cyprus
Regulation	Suspicious clon
Market Instruments	Forex, Stocks, Commodities, Futures, Bonds, Cryptocurrencies
Demo Account	Available
Leverage	Up to 1:500
Spread	Starts from 0 pips
Min Deposit	$100
Customer Support	Phone: +357 22 030446
Customer Support	Email: support@tcmglobals.com

TCM Globals Information

　　Established in Cyprus in 2022, TCM Globals offers a wide range of trading assets, including forex, equities, commodities, futures, bonds and cryptocurrencies. With the competitive advantage of offering 24/7 customer support, the platform offers a user-friendly trading environment accessible on Android, iOS and desktop devices with leverage up to 1:500 and competitive spreads as low as 0 points.

Pros and Cons

Pros	Cons
24/5 Customer Support	A suspicious clone Status
User-friendly trading platform accessible on Android, iOS, and desktop devices	Higher Minimum Deposit for VIP/Exclusive Accounts
Competitive Spreads as Low as 0 pips
Copy trading feature provided
Leverage up to 1:500

Is TCM Globals Legit?

　　TCM Globals operates under the supervision of two different regulatory bodies, namely the Cyprus Securities and Exchange Commission (CYSEC) and the South African Financial Sector Conduct Authority (FSCA). However, these two licenses are labelled as clones.

　　Under the supervision of CYSEC, TCM globals holds a Market Maker (MM) license No. 227/14.

　　Meanwhile, in South Africa, TCM globals falls under the regulatory purview of the FSCA and holds a Financial Services company license with license number 47857.

What Can I Trade on TCM Globals?

　　TCM Globals provides more than 1000 types of instruments, mainly including forex, stocks, commodities, futures, bonds and crypticurrencies.

Tradable Instruments	Supported
Commodities	✔
Stocks	✔
Forex	✔
Crypto currencies	✔
Futures	✔
Bonds	✔
Binary Options	❌
Mutual Funds	❌

Account Types

　　TCM Globalsoffers three live account types, namely Standard Account, GOLD Account, PLATINUM ACCOUNT and VIP Account.

	Standard	Gold	Platinum	VIP
Minimum Deposits	$100	$5,000	$10,000	$50,000
Spread Types	Variable	Variable	Variable	Variable
Spread from	1.2	0.9	0.6	0.3
Leverage	1:500	1:500	1:500	1:300
Min Transaction Size	0.01 lot	0.01 lot	0.01 lot	0.01 lot
Bonuses	80%	80%	100%	100%

Leverage

　　TCM Globals offers a maximum leverage of 1:500 to its traders.

TCM Globals Fees

　　The spread of standard, gold, platinum and VIP accounts is 1.20, 0.9, 0.6 and 0.3 respectively.

Trading Platform

　　TCM Globals provides TCM Globals official trading platform to serve for clients .

Trading Platform	Supported	Available Devices	Suitable for
TCM Globals	✔	Desktop, Android, and iOS	Investors of all experience levels

Deposit and Withdrawal

　　TCM Globals traders can make deposits using Bitcoin, wire transfers, UPI (Unified Payment Interface), Tether and Perfect Money.

Deposit Options	Min. Deposit	Fees	Deposit Waiting Time
Local banks	100.00 USD	No Commission	UpTo 24 hours
Tether (TRC-20)	UpTo 100.00 USD	No Commission	1-3 hours
Credit/debit cards	0.0020 BTC	No Commission	1-6 hours
Bitcoin	100.00 USD	3% Commission	1-6 hours
Wir transfer	100.00 USD	3% Commission	UpTo 5 days