Overview of TC Technology
TC Technology, operated by Tianchuang Technology HK Limited, is a financial service provider focused on precious metals trading, particularly spot gold (XAU). However, it lacks valid regulation and is unauthorized, according to the National Futures Association (NFA) in the United States. The NFA warns against engaging with this broker due to its unregulated status and potential risks associated with its operations.
The company offers both real and mock trading accounts. To open a real account, customers need to deposit an initial margin, after which they receive their account number and password for electronic trading. The MT4 trading platform is provided, renowned for its comprehensive features and market analysis tools. TC Technology also offers learning resources to support traders, such as an Exchange Teaching program, History of Gold Trading, Platform Usage Guide, and Trading Vocabulary section.
Details about fees, commissions, and withdrawal procedures are currently unavailable due to a malfunction of TC Technology's main website. Customers are advised to stay updated through the website or directly contact the company for accurate information. Customer support is accessible via phone and email, with the company based in Hong Kong at Room 601, 6/F., Cheong Tai Commercial Building, 60-66 Wing Lok Street, Sheung Wan.
Pros and Cons
TC Technology, a financial service provider, offers various features and services that cater to traders interested in precious metals trading. On the positive side, TC Technology provides a user-friendly and advanced trading platform, equipped with deep analytical insights to empower informed trading decisions. They also offer learning resources and a mock trading account for practice. Furthermore, their utilization of the widely recognized MT4 platform provides with accessibility for traders. However, there are notable drawbacks to consider. TC Technology operates without valid regulation, which raises concerns about the potential risks associated with its non-forex license and unregulated operations. Additionally, specific details such as fees, commissions, withdrawal services, and account types are limited due to a malfunctioned website, making it challenging for potential customers to gain a comprehensive understanding of the company's offerings.
Is TC Technology Legit？
Tianchuang Technology HK Limited, a financial service provider, is currently unauthorized and lacks valid regulation according to the National Futures Association (NFA) in the United States. The company holds the license number 0549850, but its regulatory status is considered abnormal. The NFA cautions against engaging with this broker due to its non-forex license and potential risks associated with its unregulated operations.
Market Instruments
METALS TRADING: TC Technology offers a precious metals trading service, primarily focusing on spot gold (XAU). Their online trading platform is designed to be user-friendly and advanced, catering to both novice and experienced traders. The company provides various learning resources and trading tools to assist their clients in their trading journey. Tiancon Capital offers low spreads, positioning itself as a cost-effective choice within the market. Moreover, their platform provides deep analytical insights, empowering traders to make well-informed decisions while trading precious metals.
Account Types
REAL ACCOUNT: To open a real trading account with TC Technology, customers are required to deposit the initial margin before they can start trading. Once the margin deposit is confirmed, the company will notify the customer of their trading account number and electronic trading password through email or SMS. It is essential for customers to provide accurate and up-to-date email addresses and phone numbers for communication.
MOCK ACCOUNT: TC Technology offers the option to open a mock trading account. Customers need to provide their data to TCC Capital, and in return, the company will open a mock trading account for them. The customer will be provided with a mock trading account number and password through the contact information they have specified. A mock account allows users to practice and familiarize themselves with the trading platform without risking real funds.
Fees & Commissions
Specific details about the fees and commissions charged by TC Technology cannot be provided at the moment due to a malfunction of their main website. Customers are advised to check the website regularly for updates or contact TC Technology directly for the most accurate and up-to-date information on their fees and commission structure.
Deposit & Withdrawal
TC Technology enables customers to deposit funds through cash, check, or wire transfer into their bank account or a designated one. For new account deposits, customers must specify “new account” on the deposit receipt and submit it via fax or email to the company's customer service department. However, the provided information does not elaborate on the withdrawal procedures and details, and customers are advised to seek further information from TC Technology's official website or customer service for a comprehensive understanding of the withdrawal services offered.
Trading Platforms
TC Technology provides the MT4 trading platform, which is widely recognized as the most popular investment platform globally. This platform seamlessly integrates market charts, technical analysis tools, and trading operations, allowing users to execute various actions such as placing orders, closing positions, setting limit orders, stop-loss, take-profit, and analyzing market data. MT4 offers a comprehensive set of features that enable users to track market trends, comprehend market capital flow, and is especially prevalent in precious metal trading. TC Technology offers both desktop and mobile versions of the MT4 platform.
Educational Tools
TC Technology provides an Exchange Teaching program, offering a comprehensive overview of exchange trading and platform usage. Additionally, they offer a History of Gold Trading, highlighting its significance in financial markets. Their Platform Usage Guide helps new traders navigate their trading platform, while the Trading Vocabulary section enhances users' understanding of trading terminology, facilitating better communication within the trading community.
Customer Support
TC Technology offers customer support through a phone line with the number +852 2488-3111. Additionally, customers can contact them via email at info@goldmarketer.com. The company's physical address is Room 601, 6/F., Cheong Tai Commercial Building, 60-66 Wing Lok Street, Sheung Wan, Hong Kong.
Conclusion
TC Technology, a financial service provider, offers advantages and disadvantages to potential customers. On the positive side, they provide a user-friendly and advanced platform for precious metals trading, catering to both novice and experienced traders. They offer a mock trading account option for practice without risking real funds and provide educational tools to enhance traders' understanding. However, TC Technology's regulatory status is considered abnormal, lacking valid regulation according to the National Futures Association in the United States. Specific details about their fees and commissions are currently unavailable due to a website malfunction, and information on withdrawal procedures is limited, which may cause uncertainty for potential clients. It is crucial for individuals considering their services to be cautious and conduct thorough research.
FAQs
Q: Is TC Technology a legitimate financial service provider？
A: TC Technology, also known as Tianchuang Technology HK Limited, lacks valid regulation according to the National Futures Association (NFA) in the United States. The company's regulatory status is considered abnormal, and the NFA advises against engaging with this broker due to potential risks associated with its unregulated operations.
Q: What market instruments does TC Technology offer？
A: TC Technology focuses on spot gold (XAU) trading within the precious metals market. They provide a user-friendly and advanced online trading platform, catering to both novice and experienced traders, along with learning resources and trading tools.
Q: What are the account types offered by TC Technology？
A: TC Technology offers real trading accounts, where customers need to deposit the initial margin before starting trading. They also provide mock trading accounts for practice and familiarization with the trading platform without risking real funds.
Q: What fees and commissions does TC Technology charge？
A: Specific details about TC Technology's fees and commissions are currently unavailable due to a malfunction on their main website. Customers are advised to check for updates on the website or contact TC Technology directly for accurate information.
Q: How can I deposit and withdraw funds with TC Technology？
A: TC Technology allows deposits through cash, check, or wire transfer into their bank account or a designated one. However, details regarding withdrawal procedures are not provided, and customers are advised to seek further information from their official website or customer service.
Q: What trading platform does TC Technology offer？
A: TC Technology provides the widely recognized MT4 trading platform, which offers comprehensive features for market analysis, order placement, and execution. They offer both desktop and mobile versions.
Q: Does TC Technology offer educational resources？
A: Yes, TC Technology offers an Exchange Teaching program, a History of Gold Trading overview, Platform Usage Guide, and Trading Vocabulary section to enhance users' understanding and trading skills.
Q: How can I contact TC Technology's customer support？
A: Customers can contact TC Technology through phone at +852 2488-3111 or via email at info@goldmarketer.com. The company's physical address is Room 601, 6/F., Cheong Tai Commercial Building, 60-66 Wing Lok Street, Sheung Wan, Hong Kong.
Q: Can I trust TC Technology for my financial services？
A: TC Technology's lack of valid regulation raises concerns about its legitimacy and safety. The NFA advises against engaging with this broker due to its unregulated status and potential risks involved in trading with them.
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