Tide Technologies Group Review: Will This Tide Bring You Profits?

Choosing the right broker can be difficult, especially among so many dishonest companies around. The problem is that, sometimes even regulated brokers can be a threat to your funds, let alone unregulated ones. That is why research is important and factors like reviews, regulation, and overall reputation can be guidelines to choose the right broker. 

In our Tide Technologies Group review, we delve deep into the broker’s profile to discover whether or not they’re the right choice for traders. However, as soon as we opened the broker’s web page, we knew they were not a reliable business, Why, you may ask? Keep reading to find out, and don’t forget to check out DigibitsFX. 

About Tide Technologies Group

Although the Tide Technologies Group website is accessible online, prospective users should proceed with caution as there is no regulatory monitoring and no declared physical address. The lack of regulation on the platform indicates possible issues while using this firm.

These unfavorable Tide Technologies Group operations raise questions about the company’s ability to operate legally as a provider of financial services. Brokers like this one work differently than others. Through liquidity pools, the company obtains liquidity for trading CFDs. Both internal and external liquidity providers are present in the pools.

It appears as if the broker never heard of transparency because no information about them is available. The only thing we know for certain is that this shameless brokerage operates without a license, which brings out a thousand different concerns. But keep reading our Tide Technologies Group review to see if things get better.

Legal Information

Tide Technologies Group broker requires you to download AnyDesk and TeamViewer, so they can access your personal information whenever they please. Additionally, they can trade on your behalf and make it seem like you’re earning money instead of losing it. 

The only legal thing this broker provides is the LEI number, which stands for Legal Entity Identifier and is used to recognize an entity involved in financial services. While having an LEI is good for transparency and identification purposes, the possession of an LEI alone doesn’t confirm regulatory compliance. 

Tide Technologies Group is one of the seven new websites that Consob has ordered to be blocked from offering financial services and products in violation of the law. The broker primarily operated in Italy, therefore, it’s not surprising that CONSOB was the first authority to notice their illegal activities. 

Later, AMF also issued an alert, advising and warning investors to stay away from this shady business:

Tide Technologies Group Features

Markets that are available for trading include forex, stocks, indices, and commodities. You can trade with up to 1:10 leverage on a Tide Technologies Group platform WebTrader. The interesting thing is that this broker provides Arbitrage, which is a bot that can automate your trades. Using this bot can be risky because the broker can make it seem that you’re earning money when instead, you’re losing it. 

There is no educational material offered for free and instead, you get a ‘training’ section where you can access e-books, videos, tutorials, and courses after you sign up and pay. Other than education, there are tools available such as an economic calendar, a technical analysis, and charts. 

Try to avoid brokers like this and T4Trade if you want to have a pleasant experience while trading. 

Tide Technologies Group Account Types

There are several account types to choose from and as you climb the ladder, you unlock more features. The minimum deposit is $300, which is a lot more than the competition requires, while the maximum deposit can be up to $200,000. Take a look at the plans available: 

Bronze ($300)

•  Commission on position size
•  Basic Training
•  Min order: 0,01 lot
•  Max order: 10 lots

Silver ($600)

•  Commission on position size
•  Basic Training
•  Trading Signals
•  Min order: 0,01 lot
•  Max order: 15 lots
•  Daily market analysis

Gold ($1,000)

•  Cashback 5% from $1.000 to $4.999
•  Welcome Bonus 10%
•  Commission on position size
•  Basic Training
•  Trading Signals
•  Min order: 0,01 lot
•  Max order: 20 lots
•  Daily market analysis

The Platinum, Diamond, and VIP plans have almost everything unlocked, with the addition of a bigger welcome bonus, double cashback, withdrawal fee waiver, and more advanced training. The deposit for Platinum can go from $5,000 to $49,000, for Diamond $50,000 to $199,999, and for VIP anywhere from $200,000 up to infinity. 

Traders Share Their Experiences

A web search for reviews of Tide Technologies Group didn’t take us anywhere. The company is not on any well-known platforms like Trustpilot or Sitejabber. On WHOIS, it seems that the owner’s name is hidden, along with information about an address. 

However, on ScamAdviser, many people have written about their terrible experiences, telling stories of losing money, having trouble making withdrawals, and receiving unhelpful customer service. The validity of the firm as a financial service provider is called into question by these unfavorable reviews.

Deposits and Withdrawal Methods

There are several payment methods available, including credit/debit cards, bank transfers, and popular e-wallets such as Skrill or Neteller. We were able to pull up information that withdrawals are not possible during the first two weeks after the activation of the trading account. Other than that, nothing is mentioned about withdrawals, not even in the FAQ section.

Reliable brokers will always explain the withdrawal process, how long it takes, and the fees associated with it, whereas unreliable ones will do anything to hide important information about their fake company. Either way, it’s important to make sure that all dots fall into place when choosing a brokerage company to trade with. 

Can I Make Money While Trading Online?

Making money while trading online will never be possible with brokers like Tide Technologies Group. After spending years on education and money on subscriptions to various tools that will aid you, you will fall into the hands of an unreliable broker and everything will be for nothing. If you aren’t careful, that is. 

But what if we tell you that the time of relying on brokers is over? With AI.F, you can forget about shady agents and the stressful environment. You become the decision-maker and our bot becomes the brains of the operation. 

With its ability to forecast future price movements, process billions of data points, and make insightful recommendations on whether to buy or sell, it is the ultimate game changer in the trading world. And you can try it for 14 days for free, without any commitment. Reach out now! 

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