TFIFX Forex Broker
Company | TFI Markets |
---|---|
Founded in | 1999 |
Online since | 2006 |
Offices in | Cyprus |
Payment options | Credit/Debit cards, Moneybookers, PayPal, WebMoney and Wire Transfer |
Demo Platforms | Meta Trader 4 |
Account currencies | Euro, Great Britain Pound, Japanese Yen, Swiss Franc, United States Dollar |
Regulated by | CySEC |
US Traders welcome? | No |
Website available in (languages) | Arabic, English, Greek, Italian, Japanese, Russian |
Support available in | English, Greek, Russian and Japanese |
Support methods | Callback, email, office, phone, web form |
Account Types (micro standard executive islamic) | Power FX, Premium FX |
Minimum account size | $50 |
Minimum position size | 0.01 lots |
Spread type | Variable |
Typical spread on EUR/USD, pips | 1.7 |
Minimum spread on EUR/USD, pips | 0.5 |
Scalping | Allowed |
Expert advisors | Allowed |
Trading instruments (GOLD; CFD, etc. and the leverage) | Forex – 1:500, Gold & Silver -1:500 |
Trading platforms | Meta Trader 4 |
Digits after the dot in quotes | 5 |
Margin call level | 20% |
Stop-out level | 10% |
Number of currency pairs | 34 |
Bonus offers | Yes |
Personal manager | Yes |
Segregated accounts | Yes |
Managed accounts | Yes |
Affiliate program | Yes |
Hedging | Yes |
Overnight interest rates (swaps) | Yes |
Trailing stop | Yes |
Pending orders | Yes |
Mobile trading | Yes |
Automated trading | Yes |
TFI Markets was establishe in the year 1999 but started their internet based online trading service only in the year 2006. The company is well regulated by CySEC and has their office in Cyprus. They have different bonus offers for their customers to attract them. They provide to their customers personal managers to manage their account well. Segregated account makes sure that the company’s fund and the customer’s funds are kept separate. Managed accounts are also provided to the traders. They also offer affiliate programs for their experienced traders. The traders do not require sending the documents through postal mail to open an account with them. They offer many payment options which even include Paypal other than credit/debit cards, Moneybookers, WebMoney and Wire transfer. You can have Euro, Great Britain Pound, Japanese Yen, Swiss franc and United States Dollar as account currencies. Their website is available in 6 languages whereas the customer support service is available in 4 languages. The support staffs can be easily reached via callback, office, email, office, phone and web form.
The company offers fixed market spread in any market conditions and that too for all the accounts. Demo account is available free of cost for unlimited period with Meta Trader 4 as the trading platform. They offer two types of account which are PowerFX and PremiumFX with Meta Trader 4 as the trading platform. The minimum deposit required to open an account with them is $50 and the minimum position size for the trade is 0.01 lots. Their spread is variable and the typical spread on EUR/USD is 1.7 pips whereas the minimum spread on the same is 0.5 pips. Scalping and hedging is allowed to the traders. Use of Expert advisor makes trading an easy task. They offer 34 currency pairs to trade in which includes all the major pairs.
The reviews have become the latest medium of knowing about the quality of service that is provided by the company to its customers. The review posted by the clients of TFIFX forex broker is shows that they have many happy and satisfied customers and the most liked feature of the company is that it has fixed spread on all the trades in any market condition and for all the accounts. The minimum deposit required to open an account with them is just $50 which is liked by many traders. Many traders who like to scalping and hedging like these company as it is allowed by them. Many of them like that their website and customer support service is multilingual and that the customer support service is excellent and very responsive. They offer trade in Gold and Silver along with forex and at a leverage of 1:500 which is liked by many traders. They offer mobile trading and is liked by many traders who are always on the move and also the execution of trade is very fast. The overall review is good and the average rating given to the company by its users is 4.7 out of 10.