TG Capital Review – TGCapital.Io Is Absolutely a Scam

An Anonymous company called Mgrad LTD, registered in Marshalls is controlling the TG Capital official website. Another company, TGCapital, is mentioned in the Terms and Conditions as the owning firm of  TGCapital.Io. It is almost as if the broker cannot decide.

Comparing the crucial trading circumstances at TG Capital with legal brokerage companies will show only slight differences. TG Capital proclaims to have starting leverage at 1:30, spreads from 1.2 pips, and access to exquisite software solutions and trading technologies.

Keep reading our TG Capital review for more information on this offshore establishment.

Email [email protected]
Leverage From 1:30
Regulation Not regulated
Headquarters Marshall Islands
Minimum Deposit 250 $
Review Rating 1/5
Broker Type Forex
Platforms Web based
Spread From 1.2 pips

Are Your Investments Safe With TG Capital Broker?

GLOFSA is the jurisdictional regulator of the Marshall Islands. Being an offshore financial authority, it is more loose compared to tier 1 regulators. Even so, the GLOFSA register does not contain any firm with the name TG Capital.

After ensuring that TG Capital doesn’t own an offshore license, checking other databases was in order. Apparently, none of the top-tier regulators has authorized this broker, either. TG Capital is not on the lists of approved companies that FCA, ASIC, IIROC, CySEC, and CFTC keep.

Some of the regulatory standards are beginning capital, privacy protection, segregated accounts, and methods for reducing the risk of loss. The exact parameters depend on the jurisdictional authority and how strict their regulatory rules are.

Functioning without being licensed means that TG Capital is operating with the sole goal of defrauding clients. Your investment with this unregistered foreign organization will not be safe, as they are not obligated to follow the legal framework when dealing with customers and their funds.

What Trading Platform Options Exist?

With only a slight resemblance to the popular software, TG Capital’s trading solution turns out to be complete banter.

TG Capital Trading Platform Options

Untrained investors might even be tricked to believe this is a legit trading platform. Experienced traders can easily recognize this as a charade, designed to create an impression of trading while none of it is actually happening.

Purposeful manipulation of the software is done to build an illusory environment. Clients are motivated to put in more funds when they’re made to believe their current investment is continuously growing.

TG Capital’s platform exhibits obvious deficiency in advanced features like detailed reports, open trades view, docked charts, market match, netting.

What Account Types are Available?

Without precise leverage and spreads for every account type, TG Capital insists on providing advanced, world-class service. Regardless of the expertise level, any trader can choose an account that fits their taste.

All account options with initial deposits required are:

  • Self-managed – 250€
  • Basic – 5000€
  • Gold – 10 000€
  • Diamond – 25 000€
  • Platinum – 50 000€
  • Invite only VIP

Big-budget account options should include improved features like trading signals, financial planning, risks management, private analyst sessions, better spreads.

TG Capital Account Type Offered

It is needless to bring up how much cheaper are the various account options offered by regulated global brokerage companies. Buying and selling of goods is possible with as little as $5 or $10. So think well before deciding to invest with TG Capital!

Trading Instruments Overview

Dubious enough, no information on asset groups is found on the website until an account is opened. Only after registering could we preview the trading platform and instruments available:

  • Minor and major currency pairs (ZAR/JPY, USD/PLN, USD/EUR, NZDUSD)
  • Crypto (Zcash, Theta, Stellar, Bitcoin, Litecoin, Ethereum)
  • Commodities (wheat, sugar, silver, platinum, palladium, nickel, natural gas)
  • Indices (UK100, Swiss20, Spain35, S&P 500, Nasdaq 100)
  • Shares (Wal-Mart, Visa, UBER, Gazprom, Sony, Siemens, Societe)

Deposit/Withdrawal Methods

Funding a trading account is possible via crypto only. Even though wire transfer and credit/debit cards are advertised as well, they are not available, except to be used for buying crypto.

Minimum amount to deposit is $250. Additional information about possible funding and withdrawal fees is not given, except for the outrageous inactivity fee. The mentioned fee is charged $200 once, followed by a monthly fee of additional $90.

Withdrawal requests have to include documentation like photo ID, proof of residence and proof of payment. Withdrawals are processed in the timeframe of 10 working days.

Smallest amount eligible for withdrawal via credit/debit cards is $100. For bank wire transfer that sum is $250.

How Do I Obtain a Refund if TG Capital Defrauded Me?

Investors can never be cautious enough when it comes to avoiding shady and anonymous fake brokers. The ever tempting services they offer will always find their way to a victim.

Efficiency in dealing with fraud can be increased if the right steps are taken. Reporting the fraudulent credit/debit card usage to your bank is of utmost importance.

After you’ve secured your funds, please make haste in reporting the scamming scheme to local authorities and police. Government facilities have the means of taking legal action against cyber theft.

Share with us your story today and get the necessary assistance!

TG Capital Summary

Throughout this review, we have discovered some quite disturbing facts about the ongoing scam performed by TG Capital. In short, we would like to point out few most troubling clues concerning this dishonorable enterprise:

  • Being unregulated – TG Capital lacks any license or authorization given by a jurisdictional financial authority. They run their business without regulation and shamelessly promise profit while only stealing from their clients.
  • Barely functioning software – The trading solution provided by TG Capital is a basic-looking web-based terminal with questionable performance.
  • Lack of transparency – TG Capital puts effort into keeping their anonymity. If the broker was regulated, they would generously provide all company info and details on deposit/withdrawal terms, as well as all other trading conditions.
  • Crypto depositing enforced – In order to keep their anonymity, dishonest brokers allow depositing to be done only via cryptocurrency.
  • Ridiculously high inactivity fees – It is absolutely unacceptable to charge customers for inactivity $200 one time and $90 monthly.

FAQs About TG Capital Broker

Is TG Capital a Regulated Broker?

TG Capital does not possess any license and regulation for providing financial services.

What Is the Minimum Deposit for TG Capital Broker?

Smallest amount to deposit at TG Capital before trading is $250.

How Long Do TG Capital Withdrawals Take?

Withdrawing funds takes about 10 business days before money gets to the owner's account.


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Nov 17, 2022
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