TCM-Spreads and Leverage Details

Who is the TCM？

Trade Capital Markets (TCM) Limited was incorporated in 2013 and is authorized and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) to act as a Cyprus Investment Firm (“CIF”), providing investment and ancillary services. Trade Capital Markets (TCM) Limited is authorized and regulated in Cyprus by the Cyprus Securities and Exchange Commission, (license number 227/14) and authorized in South Africa by the Financial Sector Conduct Authority (FSP number 47857). It operates through the domain Trade.com. Tradable financial instruments available on the TCM platform includes forex, indices, metals, commodities and cryptocurrency.

Spreads & Commission

TCM offers five account options in total, Solo, Elite, Zero-spread, Optimum and Prime accounts. The minimum initial deposit for the Solo account is $10. The other accounts start at $100 for the Elite account, $1,000 for the Zero Spread and Optimum accounts and $10,000 for the Prime account. In the demo account of TCMs MT5 trading platform, the spread on EURUSD is as low as 0.2 pips, which is incredibly low. However, this may be a scam scheme to attract new investors.

Leverage

The trading leverage provided by TCM is very high and for the solo account, the leverage is up to 1:1000. Trading with such high leverage will present a huge risk for the clients funds as the scope of financial loss in case of unsuccessful transactions will be amplified by the high leverage.

Deposits & Withdrawals

The deposit and withdrawal methods that clients can use consist of payments made via OK Pay, FasaPay, WebMoney, PerfectMoney, bank transfer and Neteller. Unfortunately, there is no Terms and Conditions document to find out more facts about the withdrawal methods, minimum withdrawal amount and any related fees.