TNFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract：Founded in 2019, TNFX is an offshore broker registered in Seychelles, offering trading in FX, metals, energies, US equities, EU equities, HK equities, indices, cryptos, indexes, and futures with leverage up to 1:500 and spread from 1.0 pips on the Standard account via the MT4 and MT5 platforms. Demo accounts are available and the minimum deposit requirement to open a live account is $100. [Image]

TNFX Review Summary
Founded	2019
Registered Country/Region	Seychelles
Regulation	FSA (Offshore)
Market Instruments	FX, metals, energies, US equities, EU equities, HK equities, indices, cryptos, indexes, futures
Demo Account	✅
Leverage	1:500
Spread	From 1.0 pips (Standard account)
Trading Platform	MT4, MT5
Min Deposit	$100
Customer Support	24/6
	Live chat, contact form
	Tel: +2484374030, 00971526135187
	Email: support@tnfx.co, info@tnfx.co
	X, LinkedIn, Facebook, Telegram, Instagram, YouTube, TikTok
	Address: CT House, Office 9A, Providence, Mahe, Seychelles
Regional Restrictions	The United States, India, Cuba, Myanmar, North Korea, Iran and Sudan

　　Founded in 2019, TNFX is an offshore broker registered in Seychelles, offering trading in FX, metals, energies, US equities, EU equities, HK equities, indices, cryptos, indexes, and futures with leverage up to 1:500 and spread from 1.0 pips on the Standard account via the MT4 and MT5 platforms. Demo accounts are available and the minimum deposit requirement to open a live account is $100.

Pros and Cons

Pros	Cons
Diverse tradable assets	Offshore regulated by FSA
Demo accounts	Regional restrictions
Various account types
Tight spreads
MT4 and MT5 platforms
Multiple payment options
Live chat support

Is TNFX Legit?

　　No. TNFX currently has no valid regulations. It is only offshore regulated by the Seychelles Financial Services Authority (FSA).

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	The Seychelles Financial Services Authority (FSA)	Offshore regulated	TNFX Ltd	Retail Forex License	SD133

What Can I Trade on TNFX?

Tradable Instruments	Supported
Forex	✔
Metals	✔
Energies	✔
US/EU/HK equities	✔
Indices	✔
Cryptocurrencies	✔
Indexes	✔
Futures	✔
Commodities	❌
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

Account Type	Min Deposit
Standard	/
Fix	$1,000
VIP	/
Zero	$1,000
Cent	$100

Leverage

Account Type	Max Leverage
Standard	1:500
Fix	1:500
VIP	1:100
Zero	1:500
Cent	1:500

　　It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

Account Type	Spread
Standard	From 1.0 pips
Fix	1.0 pips (EUR/USD)
VIP	From 0.4 pips
Zero	0.0 pips (EUR/USD)
Cent	From 1.0 pips

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web, iOS, Android, Windows	Beginners
MT5	✔	Web, iOS, Android, Windows	Experienced traders

Deposit and Withdrawal

　　TNFX accepts payments via Visa, Bank Transfer, Perfect Money, WebMoney, MasterCard, STICPAY, Advcash, Al-Taif, Payeer, India Payment, Asia Pay, Corapay, Ozow, PayRetailers, Credit Cards, Local depositor, Office transfers.

　　The only accepted currency is US dollars.

　　As for deposit processing time, Asia Pay and Credit Cards deposits are within 1 minute, Local depositor deposit is within 1 working hour, and Office transfers deposit is within 24 working hours.

　　All withdrawals are said to be processed within 24 working hours.