TMF

TMF is a forex broker registered in the United States and founded on May 7, 2019. The firm operates through the official domain tm-fx.com.

According to regulatory records, TMF is authorized by the Cyprus Securities and Exchange Commission (CySEC) under a Forex Execution License (STP). This licensing framework is commonly used by brokers targeting European retail clients. However, the company’s registration in the US while being regulated in Cyprus introduces ambiguity about its primary jurisdiction and operational base.

TMF holds a CySEC license categorized as a Forex Execution License (STP). The specific status of this license is not indicated in the available records, which may imply either active or suspended standing. CySEC is a well-known regulator within the European Economic Area, but its oversight does not extend to US clients, nor does it guarantee compliance with US financial regulations.

The fact that TMF is registered in the United States but not regulated by a US authority such as the CFTC or NFA is a significant point of concern. This jurisdictional mismatch often indicates that the broker may not be legally permitted to solicit US clients, and traders should verify whether they are eligible to use the firm’s services.

FXCanary has assigned TMF a scam risk score of 85 out of 100, categorized as severe. This high score reflects multiple risk indicators, including the lack of transparent regulatory status, the ambiguous corporate structure, and the absence of independent client reviews or verifiable service history.

A severe risk score suggests that traders face a heightened possibility of operational or financial harm. Without clear evidence of regulatory compliance or client fund protection measures, caution is strongly advised. The broker’s limited public footprint further complicates any attempt to assess its reliability.

Due to the scarcity of publicly available data, detailed trading conditions for TMF cannot be confirmed. Based on the CySEC license type (STP), the broker likely routes client orders directly to liquidity providers without dealing desk intervention. Standard offerings for such brokers typically include forex, indices, commodities, and CFDs on various assets.

Typical account types, leverage ratios, spreads, and trading platforms are not documented in the known records. Potential traders should seek direct information from the broker’s website and exercise due diligence before committing funds.

TMF presents a contradictory profile: a US-registered entity operating under a European license with a severe risk assessment. This combination warrants extreme caution from any trader considering engagement.

Independent verification of the broker’s claims, regulatory standing, and client fund segregation is essential. The absence of user reviews and detailed operational history further underscores the need for thorough research. FXCanary recommends choosing well-regulated brokers with transparent practices and direct oversight from reputable authorities.