Accepts US Clients: No
Min. Deposit: 300
Platforms: 3TG Mobile Trader , 3TG Station , MT4
|Type of Broker||ECN , No dealing desk|
|Islamic Account (Swap Free)|
|Deposit Options||Bank Wire Transfer , Credit Card , Moneybookers , Skrill|
|Withdrawal Options||Bank Wire Transfer , Moneybookers , Skrill|
Bonus & Rewards
|No Deposit Bonus|
|Bonus for First Deposit|
|Is the Bonus Based on the Volume of the Transaction?|
|Platform Type||3TG Mobile Trader, 3TG Station, MT4|
|Platform Languages||English, Spanish, German, Russian, Portuguese, Arabic, Chinese, Hungarian|
|OS Compatibility||Mac OS , Windows , Android|
|Streaming News Feed|
|Trade From Charts|
|Guaranteed Stop Loss|
|Guaranteed Limit Orders|
|Interest on Margin|
|Customer Support Languages||English, Hungarian|
|Customer Service Hours||9:00 AM – 5:00 PM|
|Place Trades Over the Phone?|
3TG Brokers - Review
Established in 2011, 3TG Brokers is an online CFDs, ETF and forex broker that is owned by 3TG FX Financial Limited Partnership. The broker is based in New Zealand (NZ) and is registered with both the NZ Companies Office (Registration Number: 2555502) and the NZ Companies Office Financial Service Providers Register (Registration Number: FSP244885).
What is attractive 3TG Brokers is the fact that it is an Electronic Communication Networks (ECN) broker that operates on a Straight-through- Processing (STP) policy. The aim is to provide traders with the best liquidity in the financial markets and access to thousands of instruments.
As an ECN broker, 3TG Brokers is linked to a sophisticated pricing system which network the broker directly to the liquidity providers hence enabling their clients’ trades to be executed with the best possible price. As all market participants are equal and anonymous within the ECN system, the prices displayed reflect the actual market conditions and are not manipulated in any way.
For 3TG Brokers’ clients, this mean they will not experience issues like requotes or outrages slippage.
STP Execution Policy
As a non dealing desk broker, 3TG Brokers clients’ trading orders are forwarded directly to the liquidity providers. With the STP policy, traders do not have to worry about a conflict of interest between 3TG Brokers and them. Another added benefit of the STP policy is the swift execution of orders as they do not have to wait until a dealing desk process them.
There are four (4) main types of trading platforms which traders can trade from at 3TG Brokers. They include the popular 3TG MT4 platform, 3TG Station, 3TG Mobile Trader and 3TG MAM.
3TG MT4 Trading Platform
The reason for the popularity of the 3TG MT4 platform is its user friendliness and reliability. In addition, the platform comes equipped with a variety of tools that greatly enhance the trading capabilities of traders. For the more tech savvy traders, they can also configure the platform to support Expert Advisors (EAs).
Web based, the 3TG Station allow traders to trade a wide variety of markets and instruments with the use of their browser. No installations or download of any kind is required.
3TG Mobile Trader
As more and more people are carrying Smartphones and mobile devices, it is only natural for online trading to evolve to encompass mobile trading. To cater for this category of clientele, 3TG Brokers introduced the 3TG Mobile Trader which is compatible with iPhones and Android powered devices.
For Money Managers or professional investors who need to manage multiple accounts, the 3TG MAM platform the right platform for them. With it, the user can manage several accounts simultaneously from a master account allowing him to utilize his precious time more efficiently.
Trading Account Types
Recognizing the fact that each trader is different and has different needs, 3TGBrokers provide its clientele base with a few different types of trading accounts. Trading accounts can be classified as MT4 based or 3TG Station based. For trading accounts using the MT4 as its trading platform, they include the:
Trading accounts which uses the 3TG Station as the trading platform include the:
360° Fix Account
Anmaric Managed Forex Programs
For investors wishing to invest in Forex but do not have the time to manage their trading activities, 3TG Brokers offer a managed forex account program that is managed by its partner, Anmaric Enterprises Corporation. The program includes three (3) separate types of portfolio that is designed to deliver results with an optimal high risk-to-reward ratio.
Commission & Spreads
As 3TG Brokers gets its price feed from several liquidity providers, the spreads are varies all the time and is also dependent on the type of trading accounts. The average spreads for ECN Classic and ECN Elite, the average spread starts from 0.9 pips. Traders should take note that commissions are also payable with these two types of trading accounts. For the other types of trading accounts at 3TG Brokers, the average spreads starts from 1.7 pips to 2.8 pips.
Catering to a wide range of clientele, 3TG Brokers make their lives easier by making their website available in several major languages like:
Communication with the support team can be done through:
Requesting a Call-back
Phone: +64 48319010
Multi-lingual support is currently available in English and Hungarian only.
In terms of reliability, 3TG Brokers adhere to strict company policies that to ensure that it is operating within the confines of the law. As such, the parent company, 3TG FX Financial Limited Partnership, ensure that its registration and license with the NZ Financial Service Providers Register (FSPR) is current. In addition, 3TG Brokers maintain a membership with the Financial Services Complaints Ltd (FSCL).
Furthermore, 3TG Brokers also adopted the recommendations of the Financial Action Task Force (FATF) Aka Groupe d’action financière (GAFI), an intergovernmental body tasked with combating money laundering and terrorist financing. This is the main reason why 3TG Brokers require their clients to furnish proof and the reveal the origin of their funds.
In order to help their clients facilitate the transfer of funds to and from their accounts, 3TGBrokers provide the following options:
$300 USD on 3TG Micro
Access To Large Number Of Instruments On Multiple Platforms
Direct Market Access
High Leverage 100:1, 500:1 – on 3TG Micro
No Price Manipulations
Swift Execution Of Trades
Variable Spreads Allow For Scalping Opportunities
Spreads Seems To Be Quite Wide For Some Instruments
Multiple Registration Of Demo Account Needed For Each Type Of Trading Platform
3TG Brokers operate on one basic principle, which is to provide their clients with the best market conditions possible with a reasonable spread. If you are a trader that is looking for a broker that is trying to provide the ideal trading conditions then you have come to the right place. With the ECN market access, traders can be sure that the price they see is the price that they will get. Furthermore, they will also have the advantage of fast efficient execution of orders through the ECN system.
In keeping with the industry standard, AvaTrade does not charge any commissions. However, clients are liable for a small spread that can range from between 3 to 7 pips.
In terms of customer support, AvaTrade has one of the most comprehensive support systems round. Their website support multiple languages including:
Traders can reach out to AvaTrade through he following methods:
- Live Chat
- Email by filling out the contact form at the website
- Telephone (over 30 local numbers in various countries to call)
AvaTrade is aware of how important it is to have several channels of trading account funding made available to their clients. As such trades now can fund their trading accounts through:
- Credit/Debit cards
- Web Money
- Western Union
- Wire Transfer
Apart from the above mentioned methods, traders also have the option of using an AvaTrade Debit Card which helps to speed up the withdrawal processing time.
To recap, some of the major advantages of dealing with AvaTrade include:
- Attractive Promotion and Bonuses Offered
- Comprehensive Educational Resources
- Dealing With A Reputable And Reliable Broker
- Free Demo Account
- Full Range Of Trading Tools
- Low Minimum Deposit Of $100
- Low Spreads
- Market Analysis Provided
- Multiple Choices Of Trading Platforms
- Stable and Reliable Trading Platforms
It’s difficult to find any negatives here, although of course we are always on the lookout.
AvaTrade are in a small group of leading Forex brokers that have chosen transparency and trust over tricks. When trading with Ava, security will be the last thing on your mind. Ava are regulated across the globe and are well-capitalized to cover trades big and small. Their selection of assets and platofrms is unparalleled elsewhere in the market.