The firm has been operating in the forex market since 2011. Their headquarters is situated in New Zealand, Christchurch. They are regulated by the Financial Market Authority. Forex brokers which are based in New Zealand are required to meet certain conditions. Among them is to segregate all clients accounts from operational ones. This separation protects clients funds and ensures that the broker can be considered trustworthy.
Deposits and Withdrawals
The minimum amount required to open the account is 300 USD for the regular account and 1000 USD for ECN account type which is reasonable for the industry. You can fund your account with EUR, USD, GBP, CHF, and JPY. As for deposit methods, Wire transfers, major credit/debit cards are accepted as well as various electronic methods, such as Skrill, Neteller, and WebMoney. Withdrawals are linked to the payment method which you used for your initial deposit. There is no specific information presented on their webpage about how long the withdrawal request usually takes to be processed, however, judging from the multiple forum reviews the procedure takes up to 7 business days.
There are 4 account types available here. The regular account is called 3TG Composite (starts from 300 USD, has variable spreads and 45 currency pairs), 3TG Fix (offers fixed spreads, 45 currency pairs, starts from 500 USD), ECN Classic (offers true ECN environment with low spreads, starts from 1000 USD), and ECN Elite. Like most forex brokers, the firm offers MetaTrader 4 platform to its customers which is famously known for its easy-to-use interface, customizing options, and advanced charts.
The company offers trading with 45 currency pairs, including exotic ones like JPY/CAD, NZD/AUD, AUD/JPY. Precious metals (Gold and Silver), Oil, Energies, Stocks, and Indices are also offered here. The big disadvantage is that no cryptocurrency trading is available here. So, crypto traders will find no interest in setting up the account with 3TG.
To sum up, everything mentioned above, there is nothing special about this broker that can make it your top choice. The absolute absence of cryptocurrency trading and relatively high initial deposit requirement may be the key points preventing potential customers from starting with this broker.
Broker 3TG Brokers Website URL http://3tgbrokers.com/ Founded 2011 Headquarters New Zealand Support Number +64 48319010 Trading Platform MetaTrader 4| 3TG Station| Mobile Trader Minimum 1st Deposit $300 Minimum Trade Amount 0.01 Leverage 100:1 Spread 0.7-3 Free Demo Account Regulation FSPR US Traders Allowed Hours Yes Mini Account 1 *** Auto Trading Yes Trusted Managment Yes Affiliate Program: Yes Expert advisors: Yes Free Education: Yes Daily Analysis: Yes Other Instruments CFDs (commodities, stocks, shares, indices and equities), ETFs Decimals 5 Overall Score 4.8