Beware! The TM Stockwell Fund is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


The TM Stockwell Fund presents itself as a well-established forex broker that we can trust with our money without hesitation. But fact checking shows that it would be a big mistake to do so. The TM Stockwell Fund actually aims to cheat us out of our money. Let’s take a detailed look at the clues that The TM Stockwell Fund is not a trustworthy broker and should be avoided.

The TM Stockwell Fund Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
The TM Stockwell Fund
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

If a financial services provider is legitimate, you will find on its website clear and detailed information about the company that owns and operates it, where it is based, and what licences it has. Genuine brokers also provide access to a comprehensive set of legal documentation. The availability of such information does not guarantee that it is not false or misleading. But the absence of these elements is very indicative that in all likelihood you are dealing with scammers.

The legal information on the The TM Stockwell Fund website is contradictory and does not stand up to scrutiny. On the one hand, The TM Stockwell Fund is claimed to be licensed by regulators in Australia, South Africa and Dubai.

But on the other hand, the wording of the Terms and Conditions states that the company’s  Promarketing LTD is based in the Commonwealth of Dominica, an offshore zone where there are no regulations for forex brokers. The same company is also listed as the owner of another shady broker we have reviewed –

On top of that, The TM Stockwell Fund provided a UK contact address. On checking the UK’s Financial Conduct Authority  register we find a warning to investors that The TM Stockwell Fund is a scam illegally using the details of a licensed company.

Under no circumstances should you trust your money to such websites full of false and contradictory information. Instead, you can turn to one of the many companies that really work under the supervision of respected regulatory bodies like Cyprus Securities and Exchange Commission (CySEC) or Financial Conduct Authority (FCA) in the UK.

As their customer you will enjoy a number of guarantees including negative balance protection and guarantee for your funds if the broker goes bankrupt, which goes up to EUR 20,000 in EU and 85,000 GBP in the UK. Regulations in the UK and EU include some important measures designed to improve investor protection and promote market integrity and transparency, such as transaction reporting. Regulated brokers are also required to segregate their operational funds from the client’s money.

The TM Stockwell Fund Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
The TM Stockwell Fund platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

The TM Stockwell Fund  uses a standard web-based trading platform. Here is how it looks like:

It should be noted that the presence of a trading platform does not make this website any more legitimate and does not guarantee that this alleged broker offers real trading. Many scammers use rigged trading software to fool their victims that their money is being invested.

While the platform has the basic features for placing orders, customising charts and application of technical indicators, it lacks the more advanced functionality found in the most widely used trading platforms in the industry, MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.

The TM Stockwell Fund Trading instruments

The TM Stockwell Fund

The TM Stockwell Fund  advertises trading in currencies, metals, stocks, commodities, indices and cryptocurrencies. But as stated, we have no good reason to believe that this unregulated website full of misleading information offers real trading.

The TM Stockwell Fund Spreads and cost of trading

The TM Stockwell FundXMFBSFXTM
Spread EURUSD0,40.611.1
Spread GBPUSD0,
Spread USDJPY0,

In the trading platform we see a low spread of 0.4 pips. But in the descriptions of the account types, extremely high trading commissions of 5% are indicated. Real brokers do not charge such fees.

The TM Stockwell Fund Maximum leverage

The TM Stockwell Fund500:1100:110:1100:1100:1
UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

The TM Stockwell Fund allows you to select leverage up to 1:500, which is further proof that it is not a regulated broker. This is not a level that you see with regulated brokers. Trading with high leverage allows higher profits, but also increases the risk of sudden and excessive losses proportionally. All leading regulators limit leverage for retail traders.

Another such piece of evidence is the claim that The TM Stockwell Fund offers bonuses. Regulated brokers are prohibited from offering bonuses and promotions. Scammers often use promises of supposedly generous bonuses to tie their potential victims to extortionate terms. The TM Stockwell Fund does not provide clear information about the conditions attached to bonuses.

If you are nevertheless willing to take the risk of high-leverage trading and want to take advantage of bonuses, promotions and prize games, the best option is to use the services of offshore brokers operating under an established brand.

The TM Stockwell Fund Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
Crypto24 hours24 hoursFee depends on crypto

We weren’t at all surprised that the only payment method accepted by The TM Stockwell Fund is Bitcoin.

Cryptocurrencies are the payment method of choice for most financial scammers. The reason for this is that on the one hand cryptocurrencies provide a degree of anonymity and on the other hand they do not allow the defrauded person to ask for a refund.

Legitimate brokers typically offer clients a wide choice of transparent payment methods, including bank transfer, credit/debit cards and established e-wallets such as PayPal, Skrill or Neteller. If you’re interested in legitimate brokers that accept digital currency payments alongside conventional methods, check out this list.

The TM Stockwell Fund Minimum deposit

The TM Stockwell FundXMFBSFXTM
Minimum deposit€10,000$5$10$5

The TM Stockwell Fund states a ridiculously high minimum deposit of 10,000 EUR. With as little as 10 EUR or USD you could open a Micro Trading Account with some of the leading global brands.

The TM Stockwell Fund Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
The TM Stockwell FundNot specifiedNot specifiedNot specified
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

The TM Stockwell Fund does not specify special conditions for withdrawal. But these types of scams always surprise you with hidden fees and other tricks that prevent you from withdrawing your money back.

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