Forex TGX MARKETS Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

TGX MARKETS Trading Conditions

Registered Region Saint Vincent and the Grenadines

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@tgxmarkets.com

Contact Number N/A

Website tgxmarkets.com

Balanced Review

Pros & Cons

Pros

Wide range of financial instruments offered
Multiple account types available
Low minimum deposit requirement of $10
Access to MetaTrader 4 trading platform
Supports trading in cryptocurrencies like BTC and ETH

Cons

No valid regulatory license
Negative reviews about withdrawal issues
Limited customer support (email only)
Lack of transparency in fees and conditions
No proprietary trading platforms or mobile apps

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	TGX MARKETS	Anzo Capital	Focus Markets	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Saint Vincent and the Grenadines	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does TGX MARKETS Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Micro Account	Beginner traders	Low minimum deposit requirement	Suitable for small-capital practice
Standard Account	Intermediate traders	Competitive spreads	Requires higher trading volume
ECN Account	Experienced traders	Tight spreads, direct market access	Requires a minimum deposit

Account Opening Process

To open an account with TGX MARKETS, prospective traders need to follow several steps. Initially, they must submit personal, employment, and financial information. Identity verification is also required, which includes providing a valid ID and proof of address. After completing these steps, traders can access their accounts. It is worth noting that there may be flexibility in account types, allowing traders to upgrade to a professional account later if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	1.3	$0	Standard account spreads
Forex (Minor Pairs)	2.5	$0	Higher spreads for minors
CFDs (Stocks, Indices)	Varies	$0	Spreads depend on the asset
Cryptocurrencies	Variable	$0	Depends on market conditions

Other Fees

Additional fees may apply when trading with TGX MARKETS. These can include deposit and withdrawal fees, inactivity fees, platform usage fees, overnight interest (swap rates), and currency conversion fees. It is advisable for traders to review the terms associated with these fees to ensure they understand any potential costs involved.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

TGX MARKETS User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Chibakuuu

Indonesia

★ ★ ★ ★ ★

I wanted to withdraw $2,173, but the process was pending for too long. I ended up depositing another $1,000, and then my account was banned. I feel scammed by TGX MARKETS.

FX3876302499

United Kingdom

★ ★ ★ ★ ★

I’ve faced multiple issues with withdrawals at TGX MARKETS. My requests were denied multiple times, and their customer support has been unresponsive. It’s frustrating to deal with this broker.

Ditce S Chodijah

Estonia

★ ★ ★ ★ ★

I’ve been trading with TGX MARKETS since November 2020. Initially, everything was smooth, and the deposit and withdrawal processes were fast. However, I’ve heard of issues lately. I’m cautiously optimistic.

akuiki

South Korea

★ ★ ★ ★ ★

I made a profit of $1,449 on my first transaction with TGX MARKETS. The trading platform is easy to use, and my experience has been positive so far. No issues with withdrawals yet.

Saint Vincent and the Grenadines Market