Brokers  /  TSG

TSG

Low risk
🇨🇾 Cyprus · < 1 year · since 2025-10-11 · TSG Brokers Ltd
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22
Low risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): CYSEC
  • Recently established — about 9 months old
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 & licensing835%
Company age9215%
Clone / impersonation012%
Withdrawal & exposure complaints1212%
Offshore registration108%
Transparency (site/info/social)2510%
Real-user sentiment88%

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 nameTSG Brokers Ltd
Headquarters🇨🇾 Cyprus
Founded2025-10-11
Years operating< 1 year
Employees0
Official websitetsgbrokers.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods4 methods
Withdrawal methods4 methods
Instruments--
Registered address
54 Athalassis Avenue, Office 302, Strovolos, Nicosia 2023, Cyprus.

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CYSECForex Execution License (STP)291/16CyprusRegulated

Account types · 6

AccountMax leverageMin. depositMin. spreadCommissionEA
PROFESSIONAL1:200€ 50000FROM 0Shares-0.06% or 1€/$ Min( Per side) Cryptos- 0.12% per side
ECN1:30€ 5000--shares 0.09% or 1€/$ minimum (per side) Cryptos 0.12% per side
VIP1:30€ 15000FROM 0Shares- 0.06% or 1€/$ minimum( Per side) Cryptos- 0.12% per side
EXPERT 1:30€1000FROM 0.2Shares- 0.09% or 1€/$ minimum( Per side) Cryptos- 0.12% per side
STANDARD1:30€ 100FROM 0.2Shares- 0.12% or 1.5€/$ minimum (Per side) Cryptos- 0.12% per side
BASIC1:30€ 100FROM 0.3Shares- 0.15% or 2€/$ minimum (Per Side) Cryptos- 0.12% per side

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -1.41)

The real review picture is overwhelmingly positive, with traders praising TSG's trustworthiness, low spreads, fast execution, and strong support. However, the broker is very new (founded 2025), has only 23 reviews, and withdrawal complaints and clone sites have been flagged, suggesting caution despite the positive early feedback.

Best for
  • traders seeking a low-spread, CySEC-regulated broker
  • beginners attracted by educational features and a low minimum deposit
  • ECN/Professional traders needing high leverage (up to 1:200)
Not for
  • traders requiring a long-standing broker history
  • those needing very high leverage above 1:200
  • investors wary of newly established firms with few employees and clone sites
Period:
What users praise
Where reviewers are from
🇮🇳 IN10
🇳🇬 NG8
🇻🇳 VN1
EE1
🇺🇸 US1
Positive vs negative · last 2 months Pos Neg
Dec
Jan

Real user reviews

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What TSG says about itself as stated by the broker · not independently verified by FXCanary

Regulation and Security

The broker states that it is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 291/16. According to TSG Brokers, this regulation ensures strict compliance with European financial standards and provides client fund protection through segregated accounts.

Range of Trading Accounts

TSG Brokers presents a multi-tier account structure designed to cater to different trader profiles. The broker offers six account types: BASIC, STANDARD, EXPERT, VIP, ECN, and PROFESSIONAL. Each account comes with specific minimum deposit requirements, leverage limits, and fee structures, allowing traders to select the option that best matches their capital and trading style.

Competitive Spreads and Low Commissions

The company claims to provide some of the most competitive spreads in the industry, with spreads starting from as low as 0 pips on certain accounts. Additionally, TSG advertises transparent and low commission rates on share and cryptocurrency trades, with fees clearly outlined per side based on account tier.

Trading Platforms

According to the broker, it offers the popular MetaTrader 5 (MT5) platform, which is praised for its speed, advanced charting tools, and automated trading capabilities. The platform is described as smooth and efficient, supporting fast order execution across multiple asset classes.

Client Fund Safety

TSG Brokers emphasizes that client funds are kept in segregated accounts with top-tier banks, separate from the company's operational capital. The CySEC regulation further requires the broker to participate in the Investor Compensation Fund, providing coverage up to €20,000 per client in the event of insolvency.

About TSG

Who is TSG Brokers?

TSG Brokers Ltd is a Cyprus-based forex and CFD broker that commenced operations in October 2025. The company operates from its registered office at 54 Athalassis Avenue, Office 302, Strovolos, Nicosia 2023, Cyprus. As a newly established firm, TSG Brokers enters the competitive online trading space with a focus on providing regulated services under the European framework.

The broker is authorized by the Cyprus Securities and Exchange Commission (CySEC), which is a significant credential for EU-based traders. TSG Brokers presents itself as a provider of multi-asset trading services, although the exact range of tradable instruments has not been publicly disclosed. The company's offering appears designed to appeal to both retail and professional traders through a tiered account system.

Regulation and Safety

TSG Brokers holds a single regulatory license from CySEC under reference number 291/16, with a Forex Execution License (STP) classification. CySEC regulation is a cornerstone of the broker's security proposition, requiring compliance with strict operational standards, capital adequacy requirements, and client fund segregation rules.

In accordance with European Securities and Markets Authority (ESMA) guidelines, retail traders are subject to leverage caps and negative balance protection. Additionally, CySEC mandates broker participation in the Investor Compensation Fund (ICF), which safeguards eligible client funds up to €20,000 in the event of broker insolvency. This regulatory backdrop is intended to provide a level of assurance for depositors.

Trading Accounts and Conditions

TSG Brokers offers six distinct account types, each tailored to different levels of trading experience and capital. The entry-level BASIC and STANDARD accounts require a minimum deposit of just €100, making them accessible to beginners. These accounts feature spreads starting from 0.3 and 0.2 pips respectively, with commission structures based on percentage or per-share/crypto fees.

More advanced accounts include the EXPERT (€1,000 min deposit), VIP (€15,000 min), and ECN (€5,000 min) tiers, each offering progressively tighter spreads and lower commissions. The top-tier PROFESSIONAL account demands a €50,000 minimum deposit but grants access to leverage of up to 1:200, significantly higher than the 1:30 limit applied to retail accounts under ESMA rules. All account types appear to support trading in shares and cryptocurrencies, with commissions clearly outlined for each.

Platforms and Instruments

The broker exclusively offers the MetaTrader 5 (MT5) platform, a widely respected multi-asset solution known for its advanced charting, algorithmic trading capabilities, and fast execution. MT5 supports a variety of order types and provides deep analytical tools suitable for both manual and automated strategies. While TSG Brokers has not publicly listed its full range of tradable instruments, the commission structure indicates at least shares and cryptocurrencies are available. The absence of a detailed instrument list is a noticeable gap for traders researching the broker.

Funding and Withdrawals

TSG Brokers states that it supports four deposit and four withdrawal methods, though the specific options (such as bank wire, credit cards, or e-wallets) have not been disclosed. CySEC regulation mandates that client funds be held in segregated accounts, adding a layer of safety for deposits. The broker's operational model suggests that funding and withdrawal processes are designed to be straightforward and secure.

Early user feedback, albeit limited, indicates that deposit and withdrawal experiences are generally quick and problem-free. However, it is worth noting that as a newly launched broker, TSG Brokers has not yet built an extensive track record in payment processing, and traders should keep an eye on evolving user experiences.

Who is TSG Brokers For?

With its low entry barrier, TSG Brokers seems well-suited for novice traders who wish to start with a small capital while benefiting from a regulated environment. The tiered account structure also accommodates more experienced traders, particularly those interested in higher leverage through the PROFESSIONAL category or tighter spreads via the ECN account.

Given its CySEC license, the broker is particularly relevant for traders within the European Economic Area who prioritize regulatory protection. However, the lack of a proven long-term reputation and the reported existence of clone websites mean that potential clients should exercise caution and verify they are dealing with the legitimate entity.

Summary

TSG Brokers is a new entrant to the online brokerage industry, bringing a CySEC-regulated offering with competitive spreads, a range of account types, and the reliable MT5 platform. While the limited operational history and sparse instrument disclosure warrant a careful approach, the foundational elements of regulation and positive initial user feedback provide a reasonable baseline for traders willing to explore this emerging broker.

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