Score
15-20 yearsRegulated in Cyprus
Market Maker (MM)
MT4 Full License
Global Business
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index6.67
Business Index8.64
Risk Management Index9.87
Software Index9.32
License Index6.67
Single Core
1G
40G
| TFIFX Review Summary | |
| Founded | 2006 |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC |
| Market Instruments | Forex |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | MetaTrader 4 |
| Minimum Deposit | / |
| Customer Support | Contact form |
| Tel: (+357) 22 749 800; fax: (+357) 22 817 496 | |
| Email: support@tfimarkets.com; info@tfimarkets.com; marketing@tfimarkets.com | |
| Headoffice: 27 Pindarou, Alpha Business Center – Block A, 3rd Floor, 1060 Nicosia, Cyprus | |
| Restricted Countrie | Belgium |
TFIFX is a Cyprus-based payment institution and investment firm specializing in corporate solutions for managing foreign exchange exposure. The firm offers services for hedging, trading, and settlement related to FX exposures arising from exports, imports, prepayments, payroll, purchases, sales, sales commercial or financial assets. These exposures are managed through various financial instruments, including spot contracts, forwards, options, CFDs, swaps, and structured products.
The company offers MetaTrader 4 platform for clients to execute trades, and segregated accounts separate the company's operational funds with client fund, protecting clients' asset even during insolvency.
Moreover, TFIFX offers trading tools like the economic calendar and educational resources such as articles to equip investors with necessary knowledge and information to gain profitable investment results.
Another inspiring point is that the company is well regulated by CYSEC, indicating a level of customer protection and proper financial oversight.
| Pros | Cons |
| CYSEC regulated | Only accept clients from EU/EEA except Belgium |
| Fund segregation | Overnight/inactivity/transfer/withdrawal fees charged |
| Rich educational resources | Limited payment options |
| MetaTrader 4 platform |
TFIFX is currently being regulated by CYSEC (Cyprus Securities and Exchange Commission) with license no. 117/10.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | CYSEC | Regulated | TFI Markets Ltd | Market Maker (MM) | 117/10 |
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
TFIFX charges fees for transfers, withdrawals, dormant accounts, and swaps:
| Category | Details |
| Incoming Transfers | ❌ Intermediary/sender bank charges may apply |
| Type | Fee Structure |
| SEPA | 0.15% of transfer amount (Minimum: €5, Maximum: €10; only up to €50,000 within Eurozone) |
| SWIFT | €25/$30 or equivalent (Unlimited amount; any currency) |
| Condition | Fee |
| Inactive Account for 1 year | $30 per year |
These are the fees or incomes from rolling over FX positions overnight, calcuation formula as below:
Number of lots x swap points = amount in the counter currency of the pair
TFIFX uses the world renowned MetaTrader 4 platformfor investors to execute trades, which is well-recognized by their robust functionalities such as advanced charting tools, automated trading and analysis indicators.
You can reach the platform on web, or download app from Windows, mobiles phones and Linux devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web/Windows/Mobile phones/Linux | Beginners |
| MT5 | ❌ | / | Experienced traders |
TFIFX offers funding methods through bank wire transfers, available currencies are EUR, USD and GBP.
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2024-05-16 11:12
