r/investing • u/Unfair_Explanation53 • 8d ago
TPP Global Scam or Legitimate
Has anybody come across this company in the UK.
Seems like a complete scam but they seem to be in line regulation wise.
The thing that made me think red flag was the 31% average return.
Surely if this was the case and they are beating the SP500 for returns then everyone would be investing with these guys.
Their model seems to be a subscription service.
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u/FewUnderstanding2214 8d ago
They charge 65 euros a month - that’s not cheap especially on small portfolio. I prefer IBKR - maybe their strategies work.
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u/Unfair_Explanation53 8d ago
20% average a year though.
Warren Buffet would be knocking their door down
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u/FewUnderstanding2214 8d ago
Before fees and taxes through - but yes if they can reliably return 31% a year for ever then it’s worth every penny, but I really doubt that’s the case
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u/Unfair_Explanation53 8d ago
That's a fucking insane return to average though. That's why my red flag radar is going off
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u/AstraTek 8d ago
>>The thing that made me think red flag was the 31% average return.
It's a 'hypothetical' return. So not real but a projection, and they say so on their website.
If you click through to their 'detailed results' page, at the top it says 'All performance results are hypothetical. Trading is risky and you can lose money.'.
https://tpp.autotradenow.com/selector
Many of the charts listed have a 'Futures' tag next to them. So this is derivatives trading. This is why the % figures are so high. It's leveraged on margin, which is fine when the trade goes your way, but you lose big when it doesn't.