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The WikiFX Score of this broker is reduced because of too many complaints!

Takeoff Global

United Kingdom|2-5 years|
White label MT5|Regional Brokers|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

http://tglfx.com/en

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
TakeoffGlobal-Server MT5
Server Location Hong Kong

Contact

http://tglfx.com/en
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

Broker Information

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Company Name

Takeoff Global Ltd

Company Abbreviation

Takeoff Global

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-06-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • United StatesNFA (license number: 0545510) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!
  • This broker exceeds the business scope regulated by United States NFA(license number: 0545510)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

Takeoff Global · WikiFX Survey

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Expose

Takeoff Global · Company Summary

Aspect Information
Company Name Takeoff Global Limited
Registered Country/Area United Kingdom
Founded Year 2-5 years
Regulation Not regulated
Minimum Deposit $1,000
Maximum Leverage Up to 1:400
Spreads From 0.0 pips on major pairs
Trading Platforms MetaTrader5
Tradable Assets Forex, Crude Oil, Indices, CFDs
Account Types Standard Commission-free, Original Spread
Customer Support 24/7 Online Support
Deposit & Withdrawal Payment options not specified
Educational Resources Not specified

Overview of Takeoff Global

Takeoff Global is an online forex broker based in the UK, offering a wide range of tradable assets like Forex, Crude Oil, Indices, and CFDs.

Founded 2-5 years ago, the company provides access to the MetaTrader5 platform with leverage up to 1:400. Enjoy ultra-low spreads from 0.0 pips on major pairs, catering to both experienced traders and beginners. Choose between Standard Commission-free and Original Spread accounts to suit your trading preferences. With 24/7 online support, Takeoff Global ensures a seamless trading experience.

Please note that the broker is not regulated, and traders should exercise caution and manage risks accordingly.

basic-info

Is Takeoff Global legit or a scam?

Takeoff Global is not regulated and poses a significant risk. WikiFX has received 6 complaints in the past 3 months, indicating potential scam concerns. The United States NFA's license status is unauthorized, and the broker exceeds its regulated business scope. Beware of the risks involved and avoid trading with Takeoff Global.

regulation

Pros and Cons

Takeoff Global offers a wide range of tradable assets and provides access to the MetaTrader5 platform, allowing for ultra-low spreads from 0.0 pips on major pairs and leverage up to 1:400. The broker also offers 24/7 online customer support.

However, Takeoff Global is not regulated, which may pose potential risks for traders. Additionally, the broker lacks educational resources, and specific payment options for deposit and withdrawal are not specified. The minimum deposit requirement of $1,000 may also be a consideration for traders.

Pros Cons
Wide range of tradable assets Not regulated, posing potential risks
Ultra-low spreads from 0.0 pips on major pairs Limited educational resources
Access to MetaTrader5 platform Payment options for deposit and withdrawal not specified
Leverage up to 1:400 Minimum deposit requirement of $1,000
24/7 online customer support

Market Instruments

Takeoff Global Limited provides its clients with a comprehensive selection of trading instruments, ensuring a diverse and rewarding trading experience. Traders can access a wide range of options, including foreign exchange, crude oil, various indices, and an array of CFD products, all conveniently available through the user-friendly brokerage platform. With such a rich and varied offering, Takeoff Global Limited empowers its clients to explore multiple opportunities and navigate the financial markets with confidence.

Account Types

Takeoff Global Limited provides its clients with a choice between two distinct trading accounts: the Standard Commission-free account and the Original Spread account. To open a Standard account with this brokerage, a minimum deposit of $1,000 is required. This option allows traders to select the account type that best aligns with their trading preferences and financial goals, ensuring a tailored and flexible trading experience.

How to Open an Account?

To open an account with Takeoff Global, you can follow these steps:

1. Visit the Official Website: Go to the official website of Takeoff Global Limited.

2. Account Registration: Look for the “Sign Up” or “Open an Account” button on the website. Click on it to begin the registration process.

3. Fill in Personal Information: You will be prompted to provide your personal details, such as your full name, email address, phone number, and residential address. Ensure that you provide accurate information.

4. Choose Account Type: Select the type of trading account you prefer, whether it's the Standard Commission-free account or the Original Spread account. Consider your trading needs and financial goals while making this selection.

5. Verify Identity: Takeoff Global may require you to verify your identity to comply with regulatory requirements. Prepare your identification documents, such as a passport or driver's license, and follow the verification instructions provided by the broker.

6. Deposit Funds: Once your account is successfully registered and verified, you will need to deposit funds into your trading account. Check the minimum deposit requirement for the chosen account type and use the available payment methods to fund your account.

7. Start Trading: After funding your account, you can access the trading platform provided by Takeoff Global and begin trading various financial instruments, such as forex, commodities, indices, and CFDs.

Leverage

The maximum trading leverage offered by Takeoff Global Limited is an impressive 1:400, making it an attractive choice for professional traders and scalpers. This generous offering provides them with increased trading flexibility, directly influencing potential profitability.

However, it's crucial to remember that while leverage can amplify profits, it also amplifies the risk of losses, especially for inexperienced traders. Therefore, it becomes essential for traders to exercise caution and carefully select the appropriate leverage level based on their individual risk tolerance.

By understanding the potential risks involved and considering their own financial capabilities and risk appetite, traders can make well-informed decisions about the amount of leverage they wish to utilize. This responsible approach ensures that traders can optimize their trading strategies while also safeguarding their capital from excessive exposure to risk.

Spreads & Commissions

Takeoff Global Limited proudly emphasizes its partnership with institutional liquidity providers, providing traders with access to a trading environment featuring super low spreads. The minimum spreads on major currency pairs begin from an astounding 0.0 pips, making it an exceptionally competitive option for scalpers seeking to minimize trading costs.

By collaborating with reputable liquidity providers, Takeoff Global can offer its clients an advantageous pricing structure that facilitates efficient and cost-effective trading. Scalpers, in particular, stand to benefit significantly from this offering as they pursue opportunities with tight spreads, enhancing their potential for profitability.

The availability of such low spreads contributes to creating a highly appealing trading environment for all types of traders, especially those who engage in high-frequency trading strategies and value the importance of minimizing trading expenses.

However, while the low spreads present an attractive opportunity, traders should always remain attentive to other factors, such as market volatility and execution quality, to make informed decisions that align with their trading goals and risk tolerance.

spreads

Trading Platform Available

Takeoff Global Limited provides its clients with access to the widely acclaimed MetaTrader5 trading platform, which is considered one of the most popular and versatile platforms in the world. Whether you are an experienced trader or a beginner, MetaTrader5 caters to your skill level and trading approach.

The platform boasts sophisticated tools for technical analysis, enabling traders to make well-informed decisions based on comprehensive market insights. Additionally, its automatic trading capabilities, known as Expert Advisors (EAs), allow for automated and systematic trading strategies.

With the availability of mobile applications, traders can conveniently access the platform on the go, staying connected to the markets and managing their trades with ease. The MetaTrader5 platform's widespread use by millions of traders worldwide attests to its reliability and efficiency.

Through the intuitive user interface provided by MetaTrader5, traders can effortlessly examine their orders, trades, and account details. This feature ensures they stay up-to-date with the latest market conditions, empowering them to adapt their strategies accordingly.

Overall, the MetaTrader5 platform offered by Takeoff Global Limited proves to be a powerful and user-friendly tool, catering to the diverse needs of traders and providing them with an optimal trading experience.

trading-platform

Deposit & Withdrawal

Takeoff Global Limited lacks clear information about its payment options for deposits and withdrawals. Typically, brokers support popular methods like Credit/Debit Cards, Wire Transfer, and e-wallet processors (e.g., Skrill, Neteller, PayPal). The minimum deposit is $1,000, but the minimum withdrawal amount is undisclosed. Clarity on these aspects would improve transparency and client confidence.

Customer Support

Lastly, concerning customer service, Takeoff Global Limited ensures that clients facing any trading-related issues have access to 24-hour online customer support. They can reach out through the global customer service line: epoch@epochtard.com. Furthermore, online communication is available in multiple languages, including Chinese, English, Japanese, and Vietnamese, catering to the diverse needs of their international clientele.

Conclusion

In conclusion, the broker showcases a compelling set of advantages, such as an extensive array of tradable assets, seamless access to the esteemed MetaTrader5 platform, and commendably low spreads, appealing to both seasoned traders and newcomers alike.

Furthermore, the provision of round-the-clock online customer support exemplifies their commitment to client satisfaction.

However, it is imperative to acknowledge the attendant disadvantages, notably the absence of regulation, limited access to educational resources, lack of clarity regarding deposit and withdrawal methods, and a notable minimum deposit requirement of $1,000. Prudent consideration of these factors is indispensable, as prudent risk management and due diligence are paramount in any trading endeavor with Takeoff Global.

FAQs

Q: What types of trading instruments does Takeoff Global offer?

A: Takeoff Global provides a diverse selection of tradable assets, including forex, crude oil, various indices, and a range of CFD products.

Q: Is Takeoff Global regulated by any financial authority?

A: No, Takeoff Global is not currently regulated.

Q: Can I use the MetaTrader5 platform to trade with Takeoff Global?

A: Yes, Takeoff Global offers access to the popular MetaTrader5 platform.

Q: What is the maximum leverage offered by Takeoff Global?

A: Takeoff Global provides a generous maximum leverage of up to 1:400.

Q: How can I contact customer support at Takeoff Global?

A: Takeoff Global offers 24/7 online customer support, and traders can reach out for assistance via the global customer service line: epoch@epochtard.com.

Q: What are the available account types with Takeoff Global?

A: Takeoff Global offers two distinct trading account types: the Standard Commission-free account and the Original Spread account.

User Reviews

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Gotten
more than one year
I'm concerned about Takeoff Global's lack of regulation. It's a significant risk, and the absence of educational resources doesn't help mitigate that risk for less experienced traders. Additionally, not specifying payment options for deposits and withdrawals raises transparency issues. The minimum deposit requirement of $1,000 is relatively high compared to other brokers. Overall, the potential risks should be carefully considered before choosing this broker.
2023-12-12 09:52
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0
0
colorsit
more than one year
Takeoff Global has been a reliable choice for me due to its wide range of tradable assets and the MetaTrader5 platform. The ultra-low spreads from 0.0 pips on major pairs are a significant advantage, especially for someone like me who values cost-effective trading. The leverage of 1:400 is reasonable, and having 24/7 online support adds to the convenience. The platform suits both beginners and experienced traders.
2023-12-08 18:39
Reply
0
0
Rahmat Satriawan
more than one year
They have disappeared. The programme they use does not exist. It is a memo. Action Crime is dealing with it. Please, contact them to report the site. SCAMMERS. DIRTY PEOPLE WITH NO MORALS OR SOEVER!
2023-03-06 15:03
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0
0
6
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