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TF SECURITIES

China | 2-5 years |
Listed Suspicious Regulatory License | High potential risk

https://www.tfzq.com

Website

Rating Index

Influence

Influence

B

Influence index NO.1

China 8.01
Surpassed 14.80% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

https://www.tfzq.com
湖北省武汉市武昌区中北路217号天风大厦2号楼

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
China
Operating Period
2-5 years
Company Name
天风证券股份有限公司
Company Website
Company address
湖北省武汉市武昌区中北路217号天风大厦2号楼
Listing Information
Biz Area
Website
Company Summary
Wiki Q&A
Comment

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Website

Most visited countries/areas
China
tfzq.com
222.79.66.99
Server Location
China
ICP registration
鄂ICP备12000957号-1
Most visited countries/areas
China
Domain Effective Date
2003-11-19
Website
WHOIS.PAYCENTER.COM.CN
Company
XINNET TECHNOLOGY CORPORATION

Company Summary

TF SECURITIES Review Summary
Founded2003-11-19
Registered Country/RegionChina
RegulationUnregulated
Services and ProductsResearch Services, Investment Banking, Wealth Management, Asset Management, Overseas Business, Proprietary Trading, Private Equity and Venture Capital, Alternative Investment, and Futures
Customer Support95391; 400-800-5000
Online Chat

TF SECURITIES Information

TF SECURITIES was established in 2000, with its headquarters located in Wuhan, Hubei Province. As a comprehensive financial institution, it offers a rich, diverse, and distinctive service system.

It provides various enterprises with equity financing, mergers and acquisitions, restructuring, bond financing, and diversified financial advisory services. Its business scope not only includes traditional projects such as initial public offerings of stocks, private placements, corporate bonds, enterprise bonds, and major asset acquisitions, but also involves innovative businesses such as private bonds for small and medium-sized enterprises, asset securitization, and preferred stocks.

Pros and Cons

Pros Cons
Diverse Business ScopeUnregulated
Government-related BackgroundIntense Market Competition

Is TF SECURITIES Legit?

There are doubts about the legitimacy of TF SECURITIES. The company is listed on the Shanghai Stock Exchange. Although the securities company claims to meet strict listing requirements and is supervised by the China Securities Regulatory Commission (CSRC) and other regulatory authorities, no relevant information can be found on the official website of the CSRC.

legitimacy
legitimacy

What Services does TF SECURITIES provide?

TF SECURITIES provides a variety of services, including research services, investment banking, wealth management, asset management, overseas business, proprietary trading, private equity and venture capital, alternative investment, and futures business.

How to Open an Account?

TF SECURITIES allows mobile phone account opening. You can either take photos of your ID card with your mobile phone or go through video verification. The ID card photos will be automatically read, and this can be done under a Wi-Fi or 4G network.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • High potential risk

Wiki Q&A

Ahmed Harb
Within 1 year

Does TF SECURITIES charge any undisclosed fees when making deposits or withdrawals?

WikiFX Reply
In my assessment of TF SECURITIES, one of the first things I look for as an experienced trader is transparency, especially when it comes to fees on deposits and withdrawals. According to the available information, I did not find any explicit disclosure or clarification regarding potential hidden fees for these transactions. This lack of clear information immediately raises some caution for me. From experience, well-regulated brokerages typically outline such details explicitly, both for legal compliance and to ensure client trust. It's also important to note that TF SECURITIES currently operates without a valid regulatory license, despite being listed on the Shanghai Stock Exchange and reputedly overseen by the CSRC. This unregulated status means the usual external safeguards against sudden or unfair fee changes are not in place. Without regulation and open fee schedules, there is a higher risk that traders could encounter unexpected charges. Personally, unless a broker provides full transparency regarding any and all fees, particularly those related to funding or withdrawals, I would remain very cautious. In my own trading, I only proceed with brokers when I’m completely confident about their fee structure, since unexpected costs can erode trading profitability and trust. Therefore, for me, the absence of clear information about deposit and withdrawal fees at TF SECURITIES is a significant concern, and something I would want resolved before considering them for any meaningful trading activity.
Broker Issues
TF SECURITIES
Fees and Spreads
Three days ago
United States
Elio Matacena
Within 1 year

Does TF SECURITIES offer fixed or variable spreads, and how are these typically affected during periods of high market volatility or major news events?

WikiFX Reply
Based on my experience as an independent trader and after closely analyzing all available information about TF SECURITIES, I have to clarify that there is no accessible or transparent detail regarding whether this broker offers fixed or variable spreads on their platform. This is an important consideration for me because understanding the nature of spreads—whether they are fixed, variable, or how they might fluctuate during high volatility events—is crucial for risk management and accurate cost assessment. Given that TF SECURITIES operates without clear international regulatory oversight and the FAQ and public materials do not specify spread structures, I would personally approach this with additional caution. In my trading career, I've learned that unregulated brokers, especially those in highly competitive markets like China, sometimes do not provide the detailed trade condition disclosures that are standard in globally regulated environments. This omission can directly impact trading outcomes, especially during major news events or periods of high volatility, when spreads can widen dramatically and affect both entry and exit prices. For me, absent concrete information, I cannot assume the spreads remain stable, especially in volatile markets. When transparency is limited, the potential for sudden cost increases is higher. Therefore, if tradability of major economic news or minimal slippage is a core part of your strategy, I would recommend conducting live demo tests or seeking more direct answers from official customer service before making any financial commitment. I always advocate erring on the side of caution when key cost factors remain opaque.
Broker Issues
TF SECURITIES
Fees and Spreads
In a week
United States
Prash_007
Within 1 year

Does TF SECURITIES charge a commission per lot on their ECN or raw spread accounts?

WikiFX Reply
Based on my own review and experience researching TF SECURITIES, I could not find transparent or specific information about whether they charge a commission per lot on ECN or raw spread accounts. The platform offers a diverse range of financial services, including wealth management, investment banking, and proprietary trading, but it primarily appears to operate as a domestic securities broker rather than a forex/CFD broker with the typical ECN or raw spread structures I’m used to seeing. Importantly, I noticed TF SECURITIES is listed but unregulated internationally, and there’s no clear mention of account types like ECN that are standard in the forex industry. As a trader who prioritizes clear cost structures and safety, the lack of regulatory oversight and the absence of straightforward commission details on their official resources make me extremely cautious. In my trading journey, I’ve learned the importance of knowing exactly how and what I’ll be charged before opening an account with any broker. Therefore, unless TF SECURITIES publicly provides a clear commission schedule specifically for forex ECN or raw spread accounts, I would be hesitant to proceed with them for such purposes. For me, any ambiguity on fees or lack of regulatory transparency is a significant red flag.
Broker Issues
TF SECURITIES
Fees and Spreads
08-30
United States
Jezreel2
Within 1 year

Could you break down the total trading costs involved when trading indices such as the US100 on TF SECURITIES?

WikiFX Reply
As an experienced trader, I approach any platform with a clear focus on cost transparency and regulatory standing, as these factors significantly impact my long-term profitability and risk exposure. With TF SECURITIES, I immediately noticed several points of concern in relation to total trading costs and overall trust. First and foremost, TF SECURITIES currently operates without valid regulatory oversight. For me, this alone introduces a heightened risk that cannot be ignored, as unregulated platforms may not be fully transparent with their fee structures or client protections. Although the company is publicly listed and offers a wide range of financial services, there is still a lack of verifiable regulatory clarity, especially concerning detailed disclosures of contract specifications or commission schedules for indices like the US100. Typically, when trading major indices, I pay attention to several cost components: spreads, potential commissions, overnight financing (swap) fees, and any platform-specific charges that may apply (for example, account maintenance or withdrawal fees). In regulated environments, these costs are broken down transparently. Unfortunately, with TF SECURITIES, I could not find specific, explicit details regarding their charges for trading the US100 or similar index CFDs. Without comprehensive published data, I strongly recommend proceeding with extreme caution. Before considering any substantial trading activity here, I would insist on obtaining a full written outline of all trading costs directly from the broker and verifying their legitimacy via independent means. In my experience, insufficient transparency usually signals a higher risk of unexpected or excessive fees, which is a dealbreaker for prudent trading.
Broker Issues
TF SECURITIES
Fees and Spreads
08-30
United States
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