Trade Global Market

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Beware Trade Global Market is a Non-Regulated broker. It is NOT SAFE to trade.

Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

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About Trade Global Market

Registered in Georgia
Type of License No License
Is Trade Global Market safe to trade No
Recommended Licenses FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
Alternative Broker GO Markets – licensed by ASIC in Australia

Is Trade Global Market a scam or legit broker?

No, it is not safe to trade with Trade Global Market. It is owned and operated by TGM Financial LLC, and claims to be located in Tbilisi, Georgia. Trade Global Market claims to be a leading online trading brokerage specialized to provide individuals and organizations with services in international financial markets. The broker offers to trade with various currency pairs, as well as in Gold (Spot), Silver (Spot) and CFD as well as indices.

According to the website, Trade Global Market is a regulated entity and it provides a registration number. Since the broker is located in Georgia, we have checked this number with its local regulator register, the National Bank of Georgia. There is no record of Trade Global Market or TGM Financial LLC being registered in Georgia. Also, the broker provides contact numbers with British phone code, which could mean the company is based or somehow associated with the UK and therefore should be authorized by the UK’s Financial Conduct Authority. However, it doesn’t hold FCA license and is not authorized to offer its financial services in the country.

We have also noticed that the company’s address provided on the website actually belongs to Zixipay Limited a Georgian based Payment Service Provider registered and authorized by the National Bank of Georgia. It means that Trade Global Market has been using the address of the authorized entity to delude the customers.

We advise all investors and traders to avoid Trade Global Market and other unregulated brokers. The lack of information about the broker’s regulation, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as eToro and XM.com.

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