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TNFL FX Broker Review: High Risk (Suspected Fraud)

TraderKnows
TraderKnows
2023-12-01

TNFL FX is a forex trading platform registered and established in the UK. This article will comprehensively evaluate TNFL FX from dimensions such as corporate entity, domain registration, regulatory licenses, company employees, trading software, and trading products, etc.

TNFL FX Corporate Overview

TNFL FX is a forex broker based in London, United Kingdom. The broker's corporate entity is named TNFL FX GLOBAL LIMITED. Upon checking with the UK Companies House, Traderknows found that the broker's registration number is 15122885. However, key details such as registration time and address remain unknown. Additionally, information about TNFL FX's directors and office address has not been disclosed.

TNFL FX注册查询

TNFL FX注册查询结果

Domain Registration of TNFL FX

TNFL FX's official domain, tnflfx.com, was registered on August 31, 2023. The domain is relatively new, being in existence for only four months.

TNFL FX域名年限查询

Is TNFL FX legit or a scam? Does TNFL FX have any regulatory licenses?

TNFL FX is not regulated by any authoritative body. TNFL FX claims on its official website to be regulated by the MSB but has not published any MSB regulatory number. Notably, no information related to the broker can be found on the official MSB website. Furthermore, Traderknows reminds investors that the FINECN MSB is an organization overseeing anti-money laundering and does not supervise TNFL FX's forex margin trading activities. Therefore, TNFL FX is exploiting investors' lack of knowledge about regulatory bodies for false advertising and illegal operations.

TNFL FX的MSB监管查询

MSB的任务

Website Template Quality of TNFL FX

TNFL FX uses a generic website template. Traderknows revealed that this broker's website template is highly similar to those used by several other companies, such as HYHLB Group, DEOASIS LIMITED, and SXHJAS GLOBAL LIMITED, indicating a commonality in their website designs.

网站模板

Employees of TNFL FX

Traderknows was unable to find any information about the company's team members on public networks.

Trading Software Provided by TNFL FX

On its official website, TNFL FX offers a proprietary trading software named TNFL FX, available for PC and mobile. There is no real company behind this trading software, posing significant risks to users. The broker could engage in market manipulation and other irregular operations through this software, compromising the security of users' trades.

TNFL FX交易软件

TNFL FX交易软件下载

Is TNFL FX Involved in False Advertisement?

TNFL FX claims to be a partner of the internationally renowned analysis institution Trading Central, but this information cannot be verified. Thus, TNFL FX may be involved in false advertising of partnership information.

TNFL FX官网宣传

Online Reputation and Client Complaints:

Customer Complaints: Multiple complaints have been lodged against TNFL FX on public networks, highlighting several issues such as high commissions, insufficient website information, poor communication, aggressive sales tactics, and withdrawal difficulties. TNFL FX is known to urge customers to trade, charge high withdrawal fees, and cut off communication after receiving funds.

TNFL FX的客诉

Warnings from Regulatory Bodies: The UK Financial Conduct Authority (FCA) issued a warning on November 24, 2023, stating that TNFL FX was providing financial services or products in the UK without authorization. TNFL FX claims to be located in London and regulated by FinCEN, but no relevant information was found on FinCEN. FinCEN primarily regulates money laundering activities and does not oversee foreign exchange trading. Therefore, TNFL FX is not regulated by any authority and lack legal protection.

TNFL FX被FCA警告

Trading Products Provided by TNFL FX:

TNFL FX offers trading in various financial assets, including forex, stocks, CFDs, crude oil, and precious metals. The platform claims to provide access to top liquidity providers and boasts low base spreads.

TNFL FX的交易品种

Contact Information

This broker only supports email and lacks other contact methods such as phone and real-time chat.

Conclusion

TNFL FX is a forex broker that uses false regulatory information for illegal financial operations. The broker has not disclosed any key information regarding user funds, employees, or its registration address. Currently, TNFL FX is flagged as "Suspected Fraud" on Traderknows. Traderknows warns that TNFL FX is an extremely high-risk forex trading platform, and we strongly recommend avoiding this platform to prevent potential personal financial losses.

TNFL FX(英)

SKYPE 图

公众号2

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End

Wiki

Pig Butchering Scam

The 'Pig Butchering Scam' is a type of financial fraud that originated in Southeast Asia, but has now become prevalent globally. The name stems from the scammers' method of dealing with their victims: similar to raising pigs, they first 'fatten' them by building trust, and then 'slaughter' them by swindling away all their money.

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