TSC FX Group Ltd（tscfxgroupltd.com） is a Contract for Difference (CFD) broker officially registered on May 2, 2024. This broker primarily offers its users a multitude of trading markets through its proprietary trading platform and its related mobile applications, including Forex, stocks, indices, precious metals, commodities, and cryptocurrencies.
Company Registration Information and Regulatory Status:
The Korean and Vietnamese versions of the broker's official website do not mention any company entity registration or regulatory information. However, an “About TSC FX Group Ltd” page is available in its English and Traditional Chinese versions, claiming TSC FX Group Ltd was established in Australia and has obtained an investment dealer license (excluding underwriter) from the Financial Services Commission (FSC) of Mauritius.
Upon verification, the TSC FX Group Ltd is not listed as a registered broker on the official website of the Financial Services Commission (FSC) of Mauritius. Moreover, the global analyst team members and related introductions displayed on the homepage of the broker's website are actually content plagiarized from the official website of the broker Forex Club, with the members' names altered.
Account Opening Process:
To open an account with TSC FX Group Ltd: Visit the broker's official website homepage and click on the "Open Real Account" button in the upper right corner of the webpage. Enter your email address and set a login password, then obtain a verification code via the entered email and submit it. However, upon submission, a "Illegal Request" error occurs, preventing normal registration.
Trading Programs:
TSC FX Group Ltd offers users two different types of real trading accounts: Plus+ Account and Standard Account.
Plus+ Account:
- 24/7 customer service
- Dedicated account manager
- Spreads from 0.0 pips
- Trading commission (per lot per side): $2.5
- Markets: A wide range of currency pairs, stocks, indices, and commodities.
- Minimum trade size: 0.01 lots
- Trading leverage: up to 500:1
- Trading tools provided
- EA (Expert Advisors) allowed
- Free VPS offered
- High-frequency trading allowed
- Account currencies: AUD, USD, EUR, GBP, NZD, CAD, SGD, CHF, HKD
Standard Account:
- 24/7 customer service
- Dedicated account manager
- Spreads from 1.0 pips
- Trading commission: $0
- Markets: A wide range of currency pairs, stocks, indices, and commodities.
- Minimum trade size: 0.01 lots
- Trading leverage: up to 500:1
- Trading tools provided
- EA (Expert Advisors) allowed
- Free VPS offered
- High-frequency trading allowed
- Account currencies: AUD, USD, EUR, GBP, NZD, CAD, SGD, CHF, HKD
Trading Platform:
TSC FX Group Ltd provides users with its proprietary trading platform, including desktop and mobile versions. This platform's intelligent trading system (EA) assists users in automatically placing orders and executing trading policies, featuring over 80+ technical indicators, chart analysis support, and the provision of the latest quotes, along with one-click market visibility functions.
Deposits and Withdrawals:
TSC FX Group Ltd does not explicitly disclose the supported deposit and withdrawal methods, fees, or the minimum amounts on its official website.
Summary:
Traderknows reminds investors that TSC FX Group Ltd is a fraudulent website with opaque entity information, lacking any regulation, suspected of false advertising, and misappropriating information from other companies. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for trading activities to avoid unnecessary financial losses.
Currently, this broker is flagged as "Suspected Fraud" on Traderknows.
