TCG claims to be owned and operated by TCG capital financial trading pty ltd, a company subject to local financial supervision in countries around the world. But the broker only specifically states one of its regulations was issued by the Australian Securities & Investments Commission (ASIC) while not mentioning other regulatory authorities. However, we did not find any match results for this broker in ASIC. The regulation of ASIC this broker claims is a false statement for unsuspecting traders. The truth is, TCG is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

BrokersView found that the domain "https://www.butpforex.com/en/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.