Score
TPS
China|5-10 years| http://www.tpstrade.net/zh-cn
Website
Rating Index
Contact
Licenses
Licensed Institution：BHP TRADING GROUP LIMITED
License No.：572807
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
ChinaTPS's New Zealand Office Address Does Not Exist
It has been proved by the on-the-site investigation of the staff that the actual address of the New Zealand licensed broker TPS is not consistent with that declared by the supervision agency. The Financial Service Corporate License (572807) issued by FSP that the broker holds is suspicious of cloning.
New ZealandTPS's New Zealand Office Address Does Not Exist
It has been proved by the on-the-site investigation of the staff that the actual address of the New Zealand licensed broker TPS is not consistent with that declared by the supervision agency. The Financial Service Corporate License (572807) issued by FSP that the broker holds is suspicious of cloning.
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Website
tpstrade.net
Server Location
Hong Kong
Website Domain Name
tpstrade.net
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
2019-01-04
Server IP
43.225.159.211
Company Summary
Note: TPS's official website: http://www.tpstrade.net/zh-cn is normally inaccessible.
TPS Information
TPS is an unregulated brokerage company registered in China. While the broker's official website has been closed, so traders cannot obtain more security information.
Is TPS Legit?
TPS is authorized and regulated by the Financial Service Providers Register(FSPR). The current status is Suspicious Clone, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.
After a Whois query, we found that this company's domain name is for sale, which shows that it has not registered it securely.
Downsides of TPS
- Unavailable Website
TPS's website is inaccessible, raising concerns about its reliability and accessibility.
- Lack of Transparency
Since TPS does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.
- Regulatory Concerns
TPS is not regulated, which is less safe than a regulated one.
- Withdrawal Difficulty
According to a report on WikiFX, a few users encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.
Negative TPS Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
Currently, there are 5 pieces of TPS exposure in total.
Exposure. Cannot withdraw
| Classification | Unable to Withdraw |
| Date | 2020-2021 |
| Post Country | Hong Kong, China |
You may visit: https://www.wikifx.com/en/comments/detail/202104193032470549.html https://www.wikifx.com/en/comments/detail/202104124312853004.html.
Conclusion
TPS Since the official website cannot be opened, traders cannot get more information about security services. In addition, the Suspicious Clone status and unregistered domain name indicate that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Suspicious Overrun
- High potential risk
Review 6
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Review 6
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希梦蝶
Hong Kong
The account was closed at about 18:00 of March 30, 2021. $1,473 in total,
Exposure
2021-04-19
FX1126369094
Hong Kong
Unable to withdraw. The ucstomer service can not be reached and the web can not be accessed!! Fraud broker
Exposure
2021-05-14
FX4254136228
Hong Kong
I applied for withdrawal on March 24 and received the withdrawal email on the same day, but I have not received the funds so far. During this period, I have been following the company and contacting customer service without any response. I logged on to the official website of the platform on the evening of the 31st and couldn’t access it directly. MT4 on PC shows that the account is banned, junk company, black platform
Exposure
2021-04-01
HYF49542
Hong Kong
A typical fraud company. Unable to withdraw.
Exposure
2021-04-01
小钢炮
Hong Kong
TPS refused my withdrawal request and withheld my $7585 profit. My account became forced liquidation the first time. I made profits the second time, but it was all withheld with the excuse of wrong leverage setting. But the onus was on the platform. If you are out to condemn somebody, you can always trump up a charge.
Exposure
2020-05-26
FX1264659944
India
They scammed many with lies of false hope, I wish they could be sued or brought to justice. If you also have been scammed by these people do not let them get away with it!!!
Neutral
2023-02-23