Score
TFIFX
Cyprus|10-15 years| https://tfifx.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
CyprusContact
Licenses
Licensed Institution：TFI Markets Ltd
License No.：117/10
Basic information
Cyprus
10-15 years Regulated in Cyprus Market Making(MM) MT4 Full License Global Business
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
tfifx.com
Server Location
France
Website Domain Name
tfifx.com
Server IP
51.195.106.107
Genealogy
VIP is not activated.Company Summary
| TFIFX Review Summary | |
| Founded | 2006 |
| Registered Country/Region | Cyprus |
| Regulation | CySEC (License No. 117/10) |
| Market Instruments | Forex (Major and Commodity Pairs) |
| Demo Account | / |
| Leverage | / |
| Spread | 3-5 pips for major pairs |
| Trading Platform | MetaTrader 4 (MT4) |
| Min Deposit | / |
| Customer Support | Phone: 80 000 100 |
| Email: support@tfimarkets.com | |
TFIFX Information
TFIFX was founded in 2006 and is a CySEC-regulated broker that specializes in major and commodity currency pairings for forex trading. It caters to traders with different levels of experience by using the MetaTrader 4 (MT4) platform and providing competitive spreads.
Pros and Cons
| Pros | Cons |
| Regulated by CySEC | Limited tradable instruments |
| Low spreads on major currency pairs | No Islamic or demo accounts mentioned |
| Advanced MT4 trading platform | Inactivity fee for dormant accounts |
Is TFIFX Legit?
TFIFX indeed acts as a regulated broker. The Cyprus Securities and Exchange Commission (CySEC) watches it over. Effective since April 14, 2010, TFIFX owns a Market Making (MM) license under license number 117/10.
What Can I Trade on TFIFX?
Major and commodity currency pairs among other trade instruments are available through TFIFX. Their products include of seven main pairs of currencies, which let traders engage in the most liquid worldwide marketplaces.
| Tradable Instruments | Supported |
| Forex (Major Pairs) | ✔ |
| Forex (Commodity Pairs) | ✔ |
| Indices | ❌ |
| Commodities | ❌ |
| Cryptocurrencies | ❌ |
| Stocks | ❌ |
| ETFs | ❌ |
Account Types
TFIFX provides TFI Hedge Account and TFIFX Account as two main live trading accounts.
TFIFX Fees
For most pairs including EUR/USD, GBP/USD, and USD/JPY, TFIFX spreads are competitive. Usually ranging from 3-5 pips. Although advanced accounts could have smaller spreads, particular information depends on the type of account.
Based on the market interest rate variances across currencies, swap fees—or income—are paid for overnight holdings. Daily estimated swaps vary depending on market volatility.
Non-Trading Fees
| Non-trading Fees | |
| Deposit Fee | Free (Intermediary bank fees may apply) |
| Withdrawal Fee (SEPA) | 0.15%, minimum 5 EUR, maximum 10 EUR (up to 50,000 EUR) |
| Withdrawal Fee (SWIFT) | EUR 25/USD 30 or equivalent (unlimited amount, any currency) |
| Inactivity Fee | USD 30 per year (charged for dormant accounts) |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| MetaTrader 4 (MT4) | ✔ | iOS, Android, Windows, Mac | Traders seeking advanced charting, technical analysis, and automated trading tools |
Deposit and Withdrawal
Bank wire transfers are accepted for both deposits and withdrawals on TFI Markets. Depending on the region and type of transfer, the broker provides certain fees and processing periods.
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Bank Wire Transfer | Not Mentioned | Intermediary bank fees may apply | 1-3 Business Days |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| Bank Wire Transfer | Not Specified | - SEPA: 0.15% (min 5 EUR, max 10 EUR) | 1-3 Business Days |
| - SWIFT: 25 EUR / 30 USD or equivalent |
Keywords
- 10-15 years
- Regulated in Cyprus
- Market Making(MM)
- MT4 Full License
- Global Business
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