Trade Global Market Review (2023)
Is Trade Global Market a scam or legit broker?
Trade Global Market broker is Non-Regulated Broker. It is NOT SAFE to trade with this company. We have checked the company and there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.
About Trade Global Market
| 🗺️ Registered in | Georgia |
| 🗺️ Type of License | No License |
| 🛡️ Is Trade Global Market safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | GO Markets - licensed by ASIC in Australia |
No, it is not safe to trade with Trade Global Market. It is owned and operated by TGM Financial LLC, and claims to be located in Tbilisi, Georgia.
Trade Global Market claims to be a leading online trading brokerage specialized to provide individuals and organizations with services in international financial markets. The broker offers to trade with various currency pairs, as well as in Gold (Spot), Silver (Spot) and CFD as well as indices.
According to the website, Trade Global Market is a regulated entity and it provides a registration number. Since the broker is located in Georgia, we have checked this number with its local regulator register, the National Bank of Georgia. There is no record of Trade Global Market or TGM Financial LLC being registered in Georgia. Also, the broker provides contact numbers with British phone code, which could mean the company is based or somehow associated with the UK and therefore should be authorized by the UK’s Financial Conduct Authority. However, it doesn’t hold FCA license and is not authorized to offer its financial services in the country.
We have also noticed that the company’s address provided on the website actually belongs to Zixipay Limited, a Georgian based Payment Service Provider registered and authorized by the National Bank of Georgia. It means that Trade Global Market has been using the address of the authorized entity to delude the customers.
Conclusion
We advise all investors and traders to avoid Trade Global Market and other unregulated brokers. The lack of information about the broker’s regulation, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as eToro and XM.com. Check out Xtrade review and FXPRIMUS Review.
Trade Global Market website is no longer active.
Reviews
Already invested in trade global market..pls provide India customer care number
i also invested in TGM, give me your number.
Trade global Maeket (TGM)
Big big fraud and cheat people
There is a guy called Kartik , don’t know his real name
His number +44 7427 111048
Be aware
Big scam
Stay away from this company and their people.
pls share your current number as i also receive same call and he commited me
I also invest in same company what to do please help me
Thanks for sharing your experience. I am also receiving calls from some guys from same number. They even do not know a simple answer for intl investment market. My basic query of fund conversion rate when I am investing in USD through a UK broker using my UAE AED! I am staying in UAE and they keep saying I am Indian so they will explain me in Indian Rupees. I told them ‘when u r in Roam behave like a roman’ why are you not explaining me conversion rate in AUE AED? These guys does not understand international investment procedures and coming to sale us investments…this it self saws their fraud nature. Let’s be safe for our hard earned money.
Tgm is big fraud company I am deposit $ 200 I am wanted to 100$ withdrawal but withdraw not done process of withdrawal money not available in tgm comply only deposit process avaiable tgm is Big scam
Tgm fraud company…give bonuses to attract traders..after u start trading they make u loose trades..also withdraw the bonuses..tell to add more money to recover ur lost funds..Beware..
Mr. Naushad KK
They will not process the withdrawal. They will told you minimum $100 dollar is needed for withdrawal. I have made $112 and ask withdrawal of $102. They will not process the withdrawal. And also I tried to contact through customer service support. They didn’t give reply .
So don’t invest more money into it.
What ever you deposit. Don’t get upset . Try to overcome it by joing any other reliable trades.
This TGM is a cheater.
They won’t process your withdrawal.
I also don’t know where to complaint. But trying to get a way for it.
Hii MR.Tony,
I’ve also opened account with TGM, but after sometime I’ve done some wrong trade by myself and I end up loosing $1430. I’ve invested $5,000. I’ve asked for the withdrawal of rest of the amount i.e $3570 they told me it’ll take 15 days for your account closure.
At first I thought I’m going to scammed with my rest of the funds. I tried to contact them after 15 days.
Then again they told me your withdrawal is in process and you’ll get it within 48hrs.
But eventually I got my refund in my bank account.
My experience with TGM is okay,just that my suggestion to them is to make their service bit faster.
I hope you guys also got your funds.