Brokers  /  TGB FX

TGB FX

Moderate riskForex / CFD broker
Malaysia · 2-5 years · since 2021-09-16 · The Golden Brokers
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.5/10
Trustpilot/5
Forex Peace Army/5
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No sign that TGB FX actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
49
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameThe Golden Brokers
Headquarters Malaysia
Founded2021-09-16
Years operating2-5 years
Employees0
Official websitethegbrokers.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Level 9 (G) Main Office Tower, Financial Park Labuan, Jalan Merdeka 87000 Federal Territory of Labuan

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
STANDARD1:500$250----
PREMIUM1:500$1000----
PRO1:500$5000----

Review analysis AI

TGB FX is a thinly documented retail broker registered in Malaysia with no known regulatory licences, presenting a significant risk to traders. Its high leverage up to 1:500 and low minimum deposits may entice speculative traders, but the absence of oversight means no safety net exists. FXCanary recommends extreme caution, and prospective clients should verify all claims independently before depositing funds.

Best for
  • Traders comfortable with unregulated brokers
  • High-leverage forex and CFD traders
Not for
  • Beginners seeking regulated brokers
  • Risk-averse investors
Period:

Real user reviews

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About TGB FX

Company Overview

TGB FX is an online trading services provider founded on 16 September 2021, with a registered address at Level 9 (G) Main Office Tower, Financial Park Labuan, Jalan Merdeka 87000 Federal Territory of Labuan, Malaysia. According to its own promotional materials, the company positions itself as a leading broker offering investment services for trading forex and contracts for difference (CFDs) across a range of asset classes including indices, metals, energies, stocks, bonds, and digital currencies.

The broker’s registration in Labuan places it within a jurisdiction known for its relatively light regulatory environment, which may appeal to traders seeking flexible conditions but also raises caution among those prioritising strong oversight. FXCanary’s assessment notes that TGB FX does not hold any known regulatory licences from major financial authorities.

Regulation and Safety

Based on the records available to FXCanary, TGB FX currently has no regulators on file. This absence of verification from a recognised supervisory body means that traders do not have access to standard protections such as compensation schemes or dispute resolution mechanisms.

For Malaysian traders or international clients considering this broker, the lack of regulation introduces significant counterparty risk. The address in Labuan’s Financial Park is associated with many entities operating under the Labuan Financial Services Authority, but no evidence of such a licence for TGB FX has been found in public registers.

Account Types and Trading Conditions

TGB FX offers three account tiers designed to cater to different trading preferences and capital sizes. The Standard account requires a minimum deposit of $250, the Premium account $1,000, and the Pro account $5,000. All three accounts share a maximum leverage of up to 1:500, which is aggressive and can amplify both gains and losses.

The broker claims that no commission is charged on any account type, suggesting that revenue is generated through spreads or other means. The high leverage available, combined with the low minimum deposit, may attract novice traders, but the lack of regulatory oversight means that the actual trading conditions cannot be independently verified.

Trading Instruments and Platforms

According to TGB FX’s own marketing, the broker provides trading in forex and CFDs on indices, metals, energies, stocks, bonds, and digital currencies. This multi-asset offering aims to give clients a broad range of market exposure from a single account. However, no specific trading platforms (such as MetaTrader 4 or 5) have been disclosed in the available records.

The absence of platform information makes it difficult for traders to assess the execution environment, charting tools, and automation capabilities. Without independent reviews or further web presence, these claims remain unsubstantiated.

Deposits and Withdrawals

The known facts do not include details on funding methods, processing times, or fees for deposits and withdrawals. TGB FX states that it offers 24/5 customer support, but no specific information about payment options has been provided.

In the absence of clear policies, traders should exercise caution regarding the movement of funds. Typically, brokers with high leverage and no regulation may impose restrictive withdrawal conditions or delays.

Customer Support

TGB FX advertises that it provides customer support services 24 hours a day, five days a week. This suggests that assistance is available during major market hours but not on weekends.

No contact channels such as phone numbers, email addresses, or live chat links have been confirmed from the known facts. Traders are advised to verify the responsiveness of support before committing funds.

Target Audience

Based on its promotional language, TGB FX targets retail traders seeking high leverage, low entry barriers, and a wide variety of CFD assets. The three account tiers accommodate different deposit levels, from beginners with $250 to experienced traders with $5,000.

However, given the lack of regulation and transparency, this broker is not suitable for risk-averse investors or those requiring a secure trading environment. The high leverage and promise of zero commissions may appeal to speculative traders who accept elevated risk.

Overview compiled by FXCanary from regulatory records and public data. full TGB FX review