TP Global

TP Global


Min Deposit


Min Spread




Broker Trusted Points



Welcome to the TP Global FX Review 2023! In this series of broker reviews, we’ll take an in-depth look at one of the most popular yet controversial online trading platforms.

With so much happening in the forex world, it can be challenging to keep up with the latest trends and developments. That’s where we come in – our expert analysts have spent countless hours poring over the data to bring you the most up-to-date insights and analysis.

In this TP Global FX Review 2023, we’ll take a close look at everything the broker has to offer, from its trading platform and user interface to its range of features and trading tools. We’ll also examine the broker’s fees and regulations, as well as its customer support and educational resources.

So if you’re looking to stay on top of the world of Forex trading, be sure to bookmark our blog and check back often for more updates.

TP Global FX Review 2023: Quick Overview 

Official Website
License 25274 BC 2019
RegulatedVanuatu Financial Services Commission (VFSC)
Available Financial InstrumentsForex, Metals, CFDs, Indices, Stocks
Minimum Deposit$50
Islamic AccountsAvailable
Demo AccountAvailable
Maximum Leverage09:20
Trading PlatformsMT4 & MT5
Trading FeesVaries depending on account type.
Inactivity FeesNone
Customer Support24/5
Withdrawal FeesVaries

Is the TP Global FX Scam? Must-Read Before Trade

Established in 2017, TP Global is a Forex and CFD broker based in Saint Vincent and Grenadines. With headquarters in Dubai, the broker has several offices in Mauritius, Cyprus, Armenia, Nigeria, and Vanuatu.

TP Global claims to be the most trusted forex broker in the market. As a platform user, I dug deep to find it before starting with it. Despite being an offshore broker based in Vincent and the Grenadines with license number 25274 BC 2019, TP Global FX is well-regulated by the Vanuatu Financial Services Commission (VFSC). 

Meanwhile, the platform has also won the title ‘Most Transparent Global Broker’ at the Forex Expo 2021, which says a lot about its legitimacy. At the same time, the platform also implements robust security measures, which I personally think are above industry standards. 

Even Though the broker is accessible in India, it is not registered with SEBI. The broker, per se, is not legal in India.

Another factor that adds to its legitimacy is the majority of positive reviews from its users. Additionally, I didn’t find any scam-related complaints. Henceforth, TP Global is a safe FX broker to trade with. 

Pros And Cons 

While using the brokerage platform, I encountered various appreciable features. At the same time, there are some drawbacks that can’t be ignored. So, I listed out a few pros and cons of the broker so that you can get a clear idea of whether it’s a good fit or not. 

Security is on top of everything.Limited to only five countries.
Low minimum deposit requirements & charge-free withdrawals are the platform’s USPs.High withdrawal amount
A wealth of educational material is available on the platform.The interface could be improved.
The platform offers great deals, bonuses, and promotions. 
Availability of the advanced MT5 platform 

How Much Does It Cost To Trade On TP Global FX?

There is no fee for trading on the platform. However, you may incur a commission charge (As I did), which typically depends on the trade size and the account type. 

Account TypeSpreadsCommission
Standard1.2 pipsN/A
Pro0.2 pips$8 per lot
Institutional/VIP0.2 pips$15 per lot

As an experienced Forex trader, I feel the spread charges of the platform are low and competitive, but the high commission charges disappoint me. So, I think trading on commission-free platforms like InvestFW is a good idea rather than paying higher commission charges.

Deposit Methods & Minimum Requirements 

The best part of trading with TP Global is its low initial deposit requirement, which is just $50. Additionally, the broker doesn’t charge any fee for depositing funds. The platform also accepts crypto deposits. 

Available deposit methods include 

  • Wire Transfer
  • Bank Transfer 
  • Crypto Deposits (Bitcoin, Tether)

How Can You Withdraw Funds?

The biggest con of the platform remains its high withdrawal limits, which are set at $1,000. Withdrawals of less than this amount are subject to a fee. The withdrawal requests in crypto transactions may take up to 12-24 hours, while bank transfers are expected to process in 6 working days. 

To withdraw funds from your account, click on the ‘Withdraw’ icon, select the transaction type, and follow the on-screen instructions. 

What Can Be Traded On TP Global Fx?

In my search for the best forex brokers, I found TP Global to be the best fit for the title. And the primary reason behind it will remain its range of product offerings. You can single-handedly manage trading in different markets from one place. 

The available market instruments on the platform include:


With the broker, you can trade forex with various currency pairs to suit your preferences. The available forex pairs include all major pairs, such as GBP/USD, EUR/USD, USD/CAD, USD/JPY, USD/CHF, NZD/USD, and AUD/USD. 

It also offers a long list of minor pairs like AUD/CAD, AUD/NZD, CAD/CHF, EUR/AUD, EUR/GBP, AUD/JPY, GBP/CAD, NZD/CAD, EUR/TRY, GBP/SGD, GBP/NZD, USD/ZAR, and more.


The platform offers a wide selection of commodities, including soft and hard. Also, you can trade precious metals such as gold, silver, and copper. 


Stock indices represent the market value of a particular stock market segment. TP Global FX offers a long list of the world’s largest stock indexes, including AUD 200, US 30, HKIND, JAP 225, US 50, SGX SING, SUI 20, TECH 30, US 2000, SGXTAI, FRA 40, CNHIND, and more.

TP Global FX Account Types? 

The broker primarily offers three account types to traders. These accounts suit both beginners and experienced traders. Below, I have listed the features, minimum deposit requirements, spreads, margin requirements, and maximum leverage of each account type. 

Standard AccountPro AccountInstitutional Account
Minimum Deposits$50$500$25,000
Spreads1.2 Pips0.2 Pips0.2 Pips
Maximum Leverage 1:5001:5001:200
Commission$0$15 Per Lot$8 Per Lot
Swap Free/IslamicAvailableAvailableAvailable
Margin Call100%100%100%
Stop-Out Level40%40%40%

Demo Account

TP Global’s demo account is probably the best I have used. The interface was much the same as the real trading account. The trading conditions were great, and so was my experience. 

Account Opening Process

TP Global FX account opening process is much like other forex brokers (as I found). All the features and easy-to-understand user interface make the account opening procedure even more convenient. 

  • Visit the official webpage and click on the Register icon. 
  • Now, enter your details, such as first name, last name, e-mail, country, city, and phone number, and click on the ‘Create Account’ icon. 
  • Following that, upload your documents for verification, and choose the account type.
  • Once the verification process is completed, you can start trading on the platform by entering the TP Global login credentials. 

 Ongoing Contests, Bonuses & Promotions

TP Global introduces new offers and bonuses from time to time. So, let me introduce you to the ongoing contests on the platform. 

Traders Contest

The company recently concluded the Dubai Forex Expo competitions, in which winners won trips, iPhones, and other prizes.

Partnership Program

TP Global’s (IB) program rewards businesses and individuals globally for introducing new customers to the brokerage firm. Each TP Global services limited IB is given an account manager to help them expand their business and ensure they get the best support. 

Welcome Bonus

The welcome bonus at TP Global FX entitles you to a few initial advantages. It also offers a well-known deposit bonus, which rewards players for making certain deposits into their trading accounts.

Available Trading Platforms

The user interface of the brokerage is appreciable as it offers both MT4 and MT5 platforms. There is no dearth of advanced trading tools. These platforms can be used on web-based versions and downloaded on smartphones. 


MT4 is probably the best trading platform, not just for me but for thousands of traders using it. The platform’s advanced trading tools and simple user interface are the points of attraction. Here are some of the features of the MT4 platform that I found interesting to be posted: 

  • 21+ timeframes
  • Economic calendar
  • 80+ technical indicators
  • In-Depth Market data


MT5 is an advanced version of MetaTrader4 and is designed keeping in mind the needs of professional traders. The advanced features of this platform are worth noting, including trading signals and bots for automated trading. 

  • 21+ timeframes
  • Economic calendar
  • 80+ technical indicators
  • In-Depth Market data
  • 23+ analytical objects
  • TP Global FX automation trading
  • Trading history
  • MQL5 programming language
  • 2,500 + algorithmic trading applications
  • Three execution modes
  • Four pending order types

Mobile Application

The Forex broker offers an advanced FX app for on-the-go traders like many of us these days. The tools and interface offered by the TP Global FX app are exactly the same as the web-based platform. You can download the TP Global FX app from the Play Store and apple store.

  • Trading history
  • Three execution modes
  • Four pending order types
  • 21+ timeframes
  • Economic calendar
  • 80+ technical indicators
  • In-Depth Market data
  • 23+ analytical objects

Educational And Research Resources

As many brokerage platforms fail to provide educational support to their users, TP Global FX offers extensive educational materials. Before starting to trade, it would be helpful if you read the interactive articles, videos, and blogs and news available on the website. 

The platform’s research support is the next thing I found to be most useful as a trader. The platform offers a long list of trading tools for research, including pip, margin, Fibonacci, pivot, and profit calculators. An economic calendar is also available. 

Customer Support

The broker offers 24/5 customer service. Although it is a good platform, customer support is average. The waiting time for clients may take a long time to process. 

However, traders can get a quick response to their general queries through the FAQ section. Here are the contact details of TP Global FX:

Reviews & Ratings

The platform has a good reputation among its existing users, with the majority of them satisfied with the services. It has a rating of 4.4/5 on Trustpilot, which is considered good enough for a trading platform. Talking about Tp Global Fx ranking, it is among the world’s top forex and CFD brokers.

tp global fx reviews

Final Words On TP Global Fx Review 2023

In conclusion, our TP Global FX Review 2023 has provided a comprehensive overview of this forex broker’s offerings, including their trading platform, account types, trading instruments, and customer support.

With a focus on transparency and low fees, TP Global has positioned itself as a competitive choice in the crowded forex market. However, it is important to note that trading forex carries risks, and potential traders should carefully consider their risk appetite and seek professional guidance before committing to any trading platform.

Overall, TP Global FX is a solid choice for traders seeking a reliable and transparent forex broker with a range of features and low fees. However, high commission charges are still the biggest drawback of the platform. So, if you want to save on commission charges, I have a better forex broker alternative – InvestFW. The platform has zero commission charges with an industry-best fee structure. 


How Do I Get TP Global FX Login Credentials? 

Opening an account on the brokerage platform will automatically create login credentials. Users can sign into their account using the TP Global FX login and start trading forex. The brokerage sends the login credentials to the users’ registered e-mail. 

Is TP Global FX Legal In India?

Yes, it is legal in India as it holds an operating license from VFSC and provides services in various nations, including India. As forex trading is completely legal in India, trading with such a platform is safe and legal. 

Does TP Global Support Global Forex Trading?

Yes, the platform supports global forex trading by offering a range of popular forex pairs, including USD/EUR, EUR/GBP and USD/JPY. Additionally, the broker offers services in all major countries across the globe, with appreciable customer support available 24/5.

Which Is The Best Broker For Trading Forex?

As per my experience, there is no such thing as the best broker for trading forex. Every broker offers one-of-a-kind features that may suit some traders. However, some prominent names in our list of best forex brokers include InvestFW and ABInvesting.

Which Are The MetaTrader4 Brokers in India?

Some of the best MetaTrader4 brokers in India include InvestFW, TPGlobalFX India, PrimeFin, and ABInvesting. These brokerage firms offer not only web-based platforms but also provide advanced fx apps for mobile trading. 

Is TP Global FX A Sebi Registered Forex Broker?

No, it is not a Sebi-registered forex broker, as it is not regulated in India. However, this doesn’t mean the broker is a scam. Instead, the brokerage is well-regulated by the Vanuatu Financial Services Commission (VFSC).

What Is The Rank Of TP Global FX?

Talking about Tp Global Fx ranking, it is among the world’s top forex and CFD brokers, with a Trustpilot rating of 4.4/5.

Is TP Global FX safe?

Considering the regulatory compliance of the broker, TP Global can be trusted. Despite being an offshore broker, it is regulated by the top-tier regulatory body – Vanuatu Financial Services Commission (VFSC). At the same time, it is facilitated with the title of most transparent global trustworthy broker at the Forex Expo 2021.

When Did TP Global FX Start?

The broker started operations in 2017. They are currently regulated in Vanuatu, with the headquarters in Dubai. Since its starting, it has been considered the best and most award-winning forex and commodities broker in India and abroad. 

Who Is The Owner Of TP Global Fx?

The current CEO of the company is Nitish Sharma. By profession, Sharma is a professional data scientist, visionary, and an experienced trader in the forex industry for over 15 years, currently leading the best forex company in India. 

How Can I Open A TP Global Fx Account?

The first step is to visit the broker’s official website and click on the Register icon. Complete the application form, upload the documents for verification, and select the account type. Once the verification process is completed, you can start trading on the platform. 

How Do I Withdraw Money From TP Global?

Users can withdraw funds that are surplus to any margin requirement at any time. To request a Tp Global FX withdrawal, simply login to the Client Portal and select ‘Withdraw’. Now, enter the amount to be withdrawn, select the payout method, and follow the on-screen instructions. 

Which Is The Best Broker Forex In The World?

The world’s best forex broker includes the names of some of the most prominent market leaders. However, according to our deep analysis, InvestFW seems to be winning.

TP Global FX Is SEBI-Registered? Is It True?

It is not a Sebi-registered forex broker, as it is not regulated in India.

Is TP Global Fake or Real?

It is legal in India as it holds an operating license from VFSC and provides services in various nations, including India. As forex trading is completely legal in India, trading with such a platform is safe and legal. 

Where Is Tp Global Fx India Office?

The company doesn’t have any offices in India or other Asian countries. Meanwhile, the company’s headquarters is situated at 1810, 1811, Prime Tower, Business Bay, Dubai, UAE.

Who Is Tp Global Fx Owner?

The platform is owned and operated by – TP Global Services Limited, a company registered in St. Vincent and the Grenadines with Number 25274 BC 2019, with head office at Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines.

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