TGC

TGC, operating under the domain tgcgroupfx.com, is a forex and CFD broker that lists its country of registration as New Zealand. The company was founded on 3 November 2017, according to official registry records. Its registered address is 5 Sunhaven Avenue, Glenfield, Auckland 0629, New Zealand.

A critical point for traders is that TGC holds no known regulatory licences from any financial authority. Our records indicate that the broker does not appear on the registers of major regulators such as the FMA (New Zealand), FCA (UK), ASIC (Australia), or CySEC (Cyprus). This absence of oversight is a significant red flag for potential clients, as it means there is no independent body ensuring the broker adheres to financial standards or client fund protection rules.

Without regulatory authorisation, traders have limited recourse in the event of disputes or broker misconduct. The FXCanary Scam Risk Score for TGC is 75 out of 100, which falls into the 'Severe' risk category. This score reflects the lack of regulation and the potential risks associated with trading through an unverified entity. We strongly advise traders to perform additional due diligence before considering any engagement with this broker.

Publicly available information about TGC is scarce. Apart from the basic registration details in New Zealand, there is limited independent data on the broker’s operations, management team, or financial standing. This lack of transparency makes it difficult to assess the broker's reliability or the quality of its services. Traders should be cautious when dealing with brokers that do not provide clear and verifiable information about their business.