Global Broker Regulation Inquiry App
WikiFX
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TP TRADES
Comoros
|
5-10 years
|
ECN Account
Regulated in United States
|
Common Business Registration
|
MT4 Full License
|
Suspicious Overrun
|
Medium potential risk
https://tptrades.com
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
TPTradesHoldingLtd-Real
Hong Kong
3
Influence
C
Influence index NO.1
Thailand 5.11MT4/5 Identification
MT4/5 Identification
Full License
3
Server Name
TPTradesHoldingLtd-Real MT4
Server Location Hong Kong
Hong KongInfluence
Influence
C
Influence index NO.1
Thailand 5.11Surpassed 29.10% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+66 2-0963249
support@tptrades.com
https://tptrades.com
PB 1257 Bonovo Road, Fomboni Island of Mohéli Fomboni, Comoros
Licenses
Licensed Entity：TP Trades Group Co., Ltd
License No. 20251025171
Warning: Low score, please stay away!
2025-10-30
- This broker exceeds the business scope regulated by United States NFA(license number: 20251025171)Common Business Registration Non-Forex License. Please be aware of the risk!
Basic Information
Registered Region Comoros
ComorosOperating Period
5-10 years
Company Name
TP Trades Holding Limited
Customer Service Email Address
support@tptrades.com
Contact Number
+6620963249
Company Website
10
Account
Related Software
Biz Area
Website
Genealogy
Relevant Enterprises
Company Summary
Wiki Q&A
Comment
Account
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
5 USD
Minimum Spread
From 1.5
Depositing Method
--
Withdrawal Method
--
Minimum Position
0.01
Commission
Free
Products
Forex, Indices and Commodities
Updated：
2025-10-30
MT4/5
Full License MT4
1
MT4 Servers
0
MT5 Servers
234.00
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 4
Perfect
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Official website
Website
tptrades.com
104.27.133.140
Server Location
United StatesICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--
Genealogy
VIP is not activated.Open Now
Relevant Enterprises
TP Trades Holding Limited(Hong Kong)
Active
Hong Kong
Registration No. 2847133
Established 2019-04-10
Related sources Website Announcement
Company Summary
| TP Trades Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Comoros |
| Regulation | NFA (Exceeded) |
| Market Instruments | Forex, Metals, Indices, Cryptos, CFDs |
| Demo Account | ❌ |
| Spread | From 1.5 pips (Standard account) |
| Leverage | Up to 500x |
| Trading Platform | MT4 |
| Minimum Deposit | USD 20 |
| Customer Support | Contact ticket, live chat |
| Tel: +662-0963249 | |
| Email: SUPPORT@TPTRADES.COM | |
| Registered address: PB 1257 Bonovo Road, Fomboni Island of Mohéli Fomboni, Comoros | |
| Restricted Regions | United States of America, European Countries, the Islamic Republic of Iran and Israel |
TP Trades Information
TP Trades is a Comoros-based trading broker that offers trading services mainly in forex, metals, indices, cryptocurrencies and CFDs, to both retail and institutional clients. It offers two live accounts, with an affordable minimum deposit USD 20 and tight starting spread from 0 pips.
In addition, traders can enjoy top-notch trading experience with the industry-leading MetaTrader 4 platform. And the broker implements fund segregation to protect customer assets and provides banking and treasury services through world top-tier banking institution to its clients.
However, one crucial thing that should raise your great attention is that the broker exceeds NFA regulation, requesting extreme cautiousness from you before deciding to trade with them.
Pros and Cons
| Pros | Cons |
| Fund segregation | Exceeded NFA regulation |
| MT4 platform | Trading commissions charged |
| Affordable minimum deposit | |
| Live chat support |
Is TP Trades Legit?
TP Trades is currently being regulated by NFA (National Futures Association) with license no. 20251025171.
However, you should aware that the regulation status is exceeded, indicating possible engagement in financial activities beyond what is legally permitted by NFA.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | NFA | Exceeded | TP Trades Group Co., Ltd | Common Business Registration | 20251025171 |
What Can I Trade on TP Trades?
| Trading Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
TP Trades only offers two live accounts, namely Standard and ECN accounts, with an affordable minimum deposit of USD 20.
Standard account is suitable for general investors even beginners, while ECN account is designed for professional traders who would like to trade with the raw spread directly from Liquidity providers.
| Account Type | Minimum Deposit | Spread | Commission |
| Standard | USD 20 | From 1.5 pips | ❌ |
| ECN | From 0 pips | USD 7 per trade |
Leverage
While the broker offers leverage up to 500x, traders should use leverage cautiously and choose the product that best suits their experience levels to avoid huge losses.
| Asset Class | Maximum Leverage |
| Forex | 1:500 |
| Metals | 1:300 |
| CFDs | 1:200 |
| Cryptos | 1:7 |
Trading Platform
TP Trades claims to use the world renowned MetaTrader 4 platform, which is well-recognized by its advanced charting tools and robust functionalities.
You can reach the platform on web, or download app from Windows, mobiles phones.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web/Windows/Mobile phones | Beginners |
| MT5 | ❌ | / | Experienced traders |
Keywords
- 5-10 years
- Regulated in United States
- Common Business Registration
- MT4 Full License
- Suspicious Overrun
- Medium potential risk
Wiki Q&A
S jonas 
1-2 years
What trading platform does TP Trades offer?
TP Trades offers the popular MetaTrader 4 (MT4) platform, which is great for both beginners and experienced traders. I’ve used MT4 before, and it’s a solid platform with plenty of tools and indicators. If you’re logging in to TP Trades for the first time, I’d say you’re in good hands with MT4.
Broker Issues
Leverage
Platform
Account
Instruments
08-16
United States
MarceloD
1-2 years
What are the advantages of TP Trades' regulation?
One advantage is that TP Trades is regulated by the NFA, a well-known body. This provides some oversight and ensures a certain level of protection for traders. However, the exceeded status dampens that benefit for me, as it indicates potential regulatory leniency.
Broker Issues
Regulation
08-14
United States
TJensen
1-2 years
What leverage does TP Trades offer?
TP Trades offers leverage up to 500x, which can really amplify your profits—or losses. For me, this is a double-edged sword. If you’re a beginner, I’d advise using lower leverage until you get more comfortable with the platform. Leverage is a powerful tool, but it also increases risk, so I’d be cautious.
Broker Issues
Leverage
Platform
Account
Instruments
08-10
United States
Ibgentle
1-2 years
What are TP Trades’ fees like?
TP Trades has fairly transparent fees. The Standard account doesn’t charge commissions, but spreads start at 1.5 pips. For the ECN account, the spread starts at 0 pips with a $7 commission per trade. Personally, I think the ECN account is better if you’re active and trading high volumes, but the Standard account is perfect for someone who wants a simple and low-cost entry.
Broker Issues
Fees and Spreads
07-14
United States
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new1864
Thailand
The manager asked me to keep depositing money. I found that there was something wrong with their quotes. They intervened in the market quotes. I suspect that they are fraudulent brokers. I have lost 23,000$， this is a Scam
Exposure
2023-05-22
FX2945530265
Thailand
I have been using this broker for more than 1 year. The deposit and withdrawal system is better than other brokers
Positive
02-12
joe6358
Thailand
I feel at ease when trading here, convenient deposits and withdrawals and very fast including stable spreads during news announcements and a support team that provides services 24 hours a day, every day
Positive
2024-11-03
FX3210039978
Thailand
Hey they are great . there support team is also good and they do your work very fast if you want them to do anything according to your account needs. There spreads are good . Withdrawal is really fast . I got money within 10 sec.
Positive
2024-08-06
FX3210039978
Thailand
It is a reliable broker. They have license and offer fast transactions. Deposit and withdrawal is really fast. They have many activities such as competition and rewards🌈 , everything else has been smooth and hassle-free.
Positive
2024-08-05
FX8458155842
Thailand
support conversational interactions rather than chatbots.
Positive
2024-08-05
FX1686198408
Cyprus
A very trustworthy broker. As always when you run into problems there won't be big issues since the helpdesk and the support team will be ready to assist when needed(They always do)
Positive
2024-06-14
Marshall111
New Zealand
TP Trades platform's functionality is, like, a total letdown—clunky interface, and it crashes more often than my old laptop! And don't get me started on the trading variety; it's so limited, I felt like I was trading with one hand tied behind my back.
Neutral
2024-04-28
JC老姜
Nigeria
TP Trades is a great broker! I used to trade with its ECN account for three months and I can prove that spreads on this platform are nearly raw, especially for the eur/usd pair. Withdrawals have no problems too. But I feel that they can attract more people if they provide real-time communication channels.
Neutral
2023-03-20
未来集市店主：5232848
Singapore
I had a good experience. It is the best platform to invest and also learn and take care of your finances. I would recommend it to anyone willing to take that step.
Positive
2022-12-16