Brokers  /  TP TRADES

TP TRADES

Severe risk
Comoros · 5-10 years · since 2019-10-10 · TP Trades Group Co.,Ltd
Unregulated
Visit site ↗
2.9/5
★★★★★ ★★★★★
12 reviews ›
0
Licenses ›
6
Withdrawal issues ›
$5
Min. deposit ›
1:500
Max leverage ›
3
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: Cent · 5 USDECN · 500 USDStandard · 20 USD
▲ 58% positive▼ 25% negative
Independent ratingshow third parties score this broker
WikiFX1.27/10
Trustpilot2.9/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Comoros (offshore, light oversight)
  • Withdrawal complaints in ~50% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints4812%
Offshore registration808%
Transparency (site/info/social)010%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameTP Trades Group Co.,Ltd
Headquarters Comoros
Founded2019-10-10
Years operating5-10 years
Employees0
Official websitetptrades.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
InstrumentsForexIndices and Commodities
Registered address
PB 1257 Bonovo Road, Fomboni Island of Mohéli Fomboni, Comoros

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Cent1:5005 USDFrom 1.5Free✓
ECN1:500500 USDfrom 0.0 7 USD per lot✓
Standard1:50020 USDfrom 1.5 --✓

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.26)

Across 12 recent Trustpilot reviews, 25% are 1–2 star. The single most common complaint is being unable to withdraw funds (6 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Thailand6
🇺🇸 US2
Cyprus1
New Zealand1
Nigeria1
Singapore1
Positive vs negative · last 2 months Pos Neg
Aug
May

Real user reviews

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About TP TRADES

TP TRADES is a forex and CFD broker based in Comoros, with records dating to 2019-10-10. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, TP TRADES holds a real-user score of 2.9/5 across 2 reviews. Withdrawal problems appear 6 times — always test a small withdrawal first.

Overview compiled by FXCanary from regulatory records and public data. full TP TRADES review