ANSWER It is strongly advised to stay away from TGL, an unlicensed broker. Despite claiming to be located in the UK, TGL has not obtained the required authorization from the Financial Conduct Authority (FCA). The British Columbia Securities Commission (BCSC) has issued a warning about TGL, alerting investors to be cautious of this brand due to its unauthorized financial services.Notably, shortly after the BCSC's warning, TGL disabled its previous domain tgl.net and created a new domain, tgl.inc, to continue its fraudulent activities. This change was detected by another financial watchdog, the Ontario Securities Commission (OSC), which published a warning to expose this scam.All signs point to TGL's fraudulent nature. Investors should avoid using this broker. For a safer trading environment, it is highly recommended to choose fully regulated brokers instead.
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