Beware! TPC Invest is an offshore broker! Your investment may be at risk.

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If the claims on the TPC Invest website are to be believed, this broker is an ideal starting platform for entering the world of financial trading. But fact checking shows otherwise – this is nothing more than yet another online scam. In this review, we will show you how to tell the difference between trustworthy forex brokers and scams, using TPC Invest as an example.

TPC Invest Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
TPC Invest
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

We do not find any identifying information on the TPC Invest  website. It is unclear which company is behind this website and where it is based. There are no Terms and Conditions, Client Agreement or Privacy Policy. If you don’t know exactly who you are dealing with and what the terms of the deal are it would be an obvious mistake to put your money on the line.

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.

You should only trust legitimate brokers operating in one of the established financial centres like the UK, EU, USA or Australia. There, the activities of brokers are controlled by powerful regulatory bodies such as UK’s Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Commodity Futures Trading Commission (CFTC) in US or Australian Securities and Investments Commission (ASIC). Clients of these brokers receive protections such as negative balance protection and segregation of the client’s funds from the broker’s funds.

In the EU and the UK, brokers must also participate in guarantee schemes that cover a certain amount of the trader’s investment if the broker becomes insolvent. These guarantees amount to up to 20 000 EUR in the EU and 85 000 GBP in the UK. However, the likelihood of such a bankruptcy is low because regulators also have significant net capital requirements that companies must maintain – EUR 730 000 in UK and Cyprus, AUD 1000 000 in Australia and at least 20 million USD in the United States.

TPC Invest Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
TPC Invest platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

TPC Invest has basic web-based trading software. 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.

TPC Invest Trading instruments

CurrencyStocksIndicesCryptoCommodities
TPC Invest
XMYesYesYesNoYes
FP MarketsYesYesYesYesYes
Octaxxxxx

TPC Invest ‘s trading platform includes over 300 instruments including currency pairs, cryptocurrencies, commodities, indices, metals and equities.

But as stated, there is no guarantee that the auctions offered by this anonymous and unregulated website are real. In fact, we are quite certain that this trade is fictitious.

TPC Invest Spreads and cost of trading

TPC InvestXMFP MarketsOcta
Spread EURUSD0.60.61.20.9
Spread GBPUSD0.61.31.5x
Spread USDJPY0.61.31.5x

In the trading software we see a pretty low spread of 0.6 pips. But TPC Invest does not provide clear information about the trading conditions, including the presence of additional commissions. So it is not clear what the cost of the trade is.

TPC Invest Maximum leverage

ForexStocksCryptoGoldIndices
TPC Invest 500:1100:110:1100:1100:1
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

TPC Invest advertises leverage up to 1:500. High leverage creates the opportunity for more significant profit, but correspondingly increases the risk of sudden and excessive losses. All leading regulators therefore restrict leverage for retail traders. In the EU, UK and Australia the maximum permitted level is 1:30 and in the US it is 1:50. This maximum level only applies to trading major currency pairs, with even more limited leverage for more volatile assets.

Regulated brokers offer higher leverage only to professional clients who must meet very high standards for capital and experience and forgo the guarantees enjoyed by retail traders.

If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand.

TPC Invest Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
Crypto24 hours24 hoursFee depends on crypto

TPC Invest only allows the deposit of funds with cryptocurrencies. This is typical of financial scammers. Cryptocurrencies are their payment method of choice because on the one hand they allow the scammer a degree of anonymity, and on the other hand they do not allow the scammed to ask for a refund.

TPC Invest Minimum deposit

TPC InvestXMFP MarketsOcta
Minimum deposit$250$5$100$100

TPC Invest specifies a minimum deposit of 250 USD, which is the industry standard. But this means that for the same amount you could open a trading account with an established and duly licensed forex broker. Some of the leading brands in the industry offer Micro and Cent accounts with a very low entry threshold that are suitable for novice investors.

TPC Invest Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
TPC InvestNot specifiedNot specifiedNot specified
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

Since TPC Invest does not provide proper legal documentation, it is unclear what traps the fraudsters may have set. Typically, fake brokers make withdrawing money impossible through huge fees and impossible-to-fulfil traded volume conditions.

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BrokerCountryRatingMin. DepositWebsite
US4.99/5$50 Click for a special offerWebsite

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