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    TigersFM Broker Scam Alert: Protect Your Investments

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    TigersFM is a forex and crypto broker that claims to offer a variety of trading products and services. However, there are a number of red flags that suggest that TigersFM is a scam broker.

    Company Overview

    TigersFM is a relatively new broker, having been founded in 2022. The company is registered in the Marshall Islands, which is a well-known offshore jurisdiction for shady financial businesses. TigersFM does not have any licenses from any reputable regulatory bodies.

    Does TigersFM Have Any License?

    No, TigersFM does not have any licenses from any reputable regulatory bodies. When we enter their website, they are not available. We also don’t find any license information on any other online sources.

    Does Any Authority regulate TigersFM?

    No, It is is not regulated by any authority. This is another major red flag, as it means that the broker is not subject to any oversight or regulation. This leaves traders with no recourse if they lose money to fraud or malpractice.

    TigersFM Pros and Cons

    Pros:

    • TigersFM offers a variety of trading products and services, including forex, crypto, and commodities.

    Cons:

    • TigersFM is not regulated by any reputable regulatory bodies.
    • The company has a history of negative reviews from traders.
    • It has been accused of being a scam broker.

    How Does TigersFM Reach To Their Prey?

    TigersFM uses a variety of methods to reach out to potential victims. These methods include:

    • Cold calling: TigersFM representatives will cold call potential victims and offer them the opportunity to trade with the company.
    • Social media: TigersFM representatives will use social media platforms like Facebook and Twitter to target potential victims.
    • Affiliate marketing: TigersFM will pay affiliates to promote the company to their followers.

    Technical Details of Tigersfm

    • Minimum Deposit: The minimum deposit requirement at TigersFM is $250. This is relatively low compared to other forex brokers.
    • Trading Platform: TigersFM uses the MetaTrader 4 trading platform. This is a popular and well-respected platform that is used by millions of traders around the world.
    • Spread: The spreads at TigersFM are variable. This means that the spread will change depending on market conditions. The spreads at TigersFM are not particularly competitive.
    • Leverages: TigersFM offers leverage up to 1:500. This is a very high level of leverage, which can magnify profits but also losses.

    Packages and Products They Offer

    TigersFM offers a variety of packages and products to traders. These include:

    • Standard account: This is the most basic account type offered by TigersFM. It has a minimum deposit requirement of $250 and offers variable spreads.
    • VIP account: This account type has a higher minimum deposit requirement of $5,000. It offers tighter spreads and other benefits, such as access to a dedicated account manager.
    • Crypto account: This account type is specifically designed for trading cryptocurrencies. It offers a variety of features that are tailored to the cryptocurrency market.

    Withdrawal and Deposit Method

    TigersFM offers a variety of withdrawal and deposit methods, including:

    • Credit/debit cards: TigersFM accepts Visa and Mastercard.
    • Bank wire transfers: TigersFM accepts wire transfers from most major banks.
    • E-wallets: TigersFM accepts e-wallets like Skrill and Neteller.

    What Do Their Previous Traders Say?

    There are a number of negative reviews about TigersFM online. These reviews allege that the company is a scam and that traders have lost money to fraud.

    Summing Up- Why Should Not You Trust Tigersfm

    There are a number of reasons why you should not trust TigersFM. These reasons include:

    • The company is not regulated by any reputable regulatory bodies.
    • The company has a history of negative reviews from traders.
    • The company has been accused of being a scam broker.

    If Bad Things Happen, Where Can You Get The Quick Solution?

    If you have lost money to Tigers FM, you may be able to get your money back with the help of a financial recovery firm. These firms specialize in helping victims of investment fraud get their money back.

    But, they can be also a scam. That is why we are offering a free consultation and for your safety- some recovery service recommendations that are prominent and reliable. Also, you will have some educational resources and guides.

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      Final Thoughts

      TigersFM is a forex and crypto broker that should be avoided. The company is not regulated by any reputable regulatory bodies, has a history of negative reviews, and has been accused of being a scam broker. If you are considering trading with TigersFM, we recommend you to reconsider. There are many reputable forex and crypto brokers out there that are a much safer bet.

      You Can Read Our Other Scam Reviews

      Kenneth Williamson

      Kenneth Williamson

      Kenneth Williamson serves as the primary news writer at BCA, bringing his expertise in online marketing to produce high-quality industry coverage. His unwavering commitment to helping individuals and businesses succeed in the digital realm is evident in his writing. Additionally, Kenneth provides top-notch technical SEO and copywriting services to businesses of all sizes.

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