TBFX is a Forex brokerage firm offering various trade services through xStation, mobile, and web-based trading platforms. The various assets available to trade with are currencies, commodities, ETFs, stocks, and cryptocurrencies. The entry claims to have more than 14 years of experience in the market and have offices across 13 countries.
Is TBFX Regulated?
TBFX claims to be registered and regulated under the Financial Conduct Authority (FCA). However, the claim turned out to be false. The broker deliberately used the license of FCA regulated XTB Limited, that has no connection with TBFX. Thus, the broker’s legitimacy is in suspicion.
Is Investing With TBFX Safe?
TBFX has earned a decent reputation in the market. After being termed as a clone company, it has lost its credibility. The funds are not safe in the hands of this broker. Hence, it is advisable not to associate with this dubious entity.
What If TBFX Scams You?
TBFX has received mixed reviews from investors. The FCA of the UK has blacklisted this broker, for using the license of an authentic firm. In case, if you have been deceived by this firm, connect with us. Our team of experts will assist you to recover your funds.