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Tullett Prebon Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-13 18:18

Abstract:Tullett Prebon, which is part of TP lCAP Group, is an unregulated UK platform. They claim to function as an intermediate in the wholesale financial and energy sectors, facilitating trading activities for their clients, notably commercial and investment banks. Their market instruments include forex, commodities, energies, rates, equities, credit, and insurance.

Tullett Prebon Review Summary
Founded2005
Registered Country/RegionUnited Kingdom
RegulationSuspicious Fake FCA License
Market InstrumentsForex, Commodities, Energies, Equities, Insurance
Demo AccountNot Mentioned
LeverageNot Mentioned
SpreadNot Mentioned
Trading PlatformNot Mentioned
Min DepositNot Mentioned
Customer SupportPhone: +44 (0) 20 7200 7000
Fax: +44 (0) 20 7200 7146
Email: InvestorRelations@tpicap.com

  Tullett Prebon, which is part of TP lCAP Group, is an unregulated UK platform. They claim to function as an intermediate in the wholesale financial and energy sectors, facilitating trading activities for their clients, notably commercial and investment banks. Their market instruments include forex, commodities, energies, rates, equities, credit, and insurance.

Tullett Prebon's homepage

Pros & Cons

ProsCons
A wide range of tradable assetsSuspicious clone FCA license
Multiple customer support channelsUnclear trading conditions

Is Tullett Prebon Legit?

  Tullett Prebon is not a legal platform. It cloned Amerex Futures Limited's license but claimed to be regulated.

Regulatory Status Suspicious Clone
Regulated by Financial Conduct Authority
Licensed Institution Amerex Futures Limited
Licensed TypeInvestment Advisory License
Licensed Number192205
Suspicious clone FCA license

What Can I Trade on Tullett Prebon?

  Tullett Prebon offers broking services for a wide range of asset classes including forex, commodities, energies, rates, equities, credit, and insurance.

Trading AssetAvailable
forex✔
metals❌
commodities✔
indices❌
energies✔
stocks /shares❌
cryptocurrencies❌
options❌
funds❌
ETFs❌
equities✔

  Each asset class covers a broad range of products.

Asset classCoverage
ForexFX Options (FXO), Forward FX, Non-Deliverable Forwards (NDFs), EM IRS.
EquitiesCash Equities, ADRs, Single Stock and Index Options, MSCI Futures, Delta 1, Equity Finance, Stock Loans.
Energy & CommodityOil Derivatives, Physical Oil, Power, Gas, Coal, Liquified Natural Gas (LNG), Base Metals, Precious Metals, Environmental Products, Alternate Fuels, Commodity Options, Softs and Ags

Customer Service

Contact Options Details
Phone+44 (0) 20 7200 7000
Fax+44 (0) 20 7200 7146
EmailInvestorRelations@tpicap.com
Social MediaLinkedin, Twitter, Instagram
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressTP ICAP Group plc, 135 Bishopsgate, London, United Kingdom, EC2M 3TP

The Bottom Line

  To sum up, Tullett Prebon is rich in tradable products. However, they aren't safe to trade since Tullett Prebon's regulatory status is abnormal.

Q&A

  Is Tullett Prebon regulated?

  No. Tullett Prebon's license is a fake clone.

  Is it safe to trade with Tullett Prebon?

  No. Trading on an unregulated platform can't be safe.

  Can Tullett Prebon be a good broker for beginners?

  No. Beginners should avoid such illegal platforms.

Related broker

Suspicious Clone
Tullett Prebon
Company name:TP ICAP group
Score
1.55
Website:https://www.tullettprebon.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | Suspicious Overrun
Score
1.55

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