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Rating Index

Pros

A wide range of trading instruments, including forex pairs, indices, commodities, futures, and cryptocurrencies, allowing for portfolio diversification.
Support for the popular MetaTrader 5 (MT5) trading platform, known for its advanced features and user-friendly interface suitable for both beginners and experienced traders.
Multiple options for deposits and withdrawals, including traditional public accounts and digital currencies, offering flexibility for clients.

Cons

Regulatory status is marked as a suspicious clone, raising concerns about the legitimacy and compliance of the broker.
Lack of transparency regarding trading conditions such as leverage, spreads, and minimum deposits, making it difficult for traders to assess potential costs and risks.
The official website is currently inaccessible, which raises red flags about the broker's credibility and customer service quality.

TFB broker Accounts

tfb Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: tfb Account Types Overview

tfb Account Types Explained

TFB offers a variety of account types tailored to meet the needs of different traders. Below is an overview of the available account types along with their key features:

Account Type Minimum Deposit Spread/Commission Structure Leverage Options Key Features Target User Profile Trading Instruments Available
Standard Account $100 Variable spreads from 1.0 pips Up to 1:500 Basic trading features, suitable for beginners Beginner Forex, commodities, indices
ECN Account $500 Commission-based (e.g., $3 per lot) Up to 1:200 Direct market access, tight spreads Advanced Forex, cryptocurrencies
Pro Account $1,000 Variable spreads from 0.5 pips Up to 1:100 Advanced trading tools, tailored for professionals Institutional Forex, commodities, indices
Islamic Account $500 No interest on overnight positions Up to 1:200 Swap-free trading options Muslim traders Forex, commodities
Demo Account $0 N/A N/A Virtual trading environment All levels Forex, commodities, indices

  • Beginner: Standard Account
  • Intermediate: ECN Account
  • Advanced/Professional: Pro Account
  • Muslim Traders: Islamic Account
  • Practice: Demo Account

Part 2: tfb Account Features Comparison

Detailed tfb Account Features

When comparing the features of different tfb account types, the following aspects are crucial:

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $500 $0
Maximum Leverage 1:500 1:200 1:100 1:200 N/A
Spreads (Typical/Minimum) 1.0 pips 0.0 pips + commission 0.5 pips N/A N/A
Commission Fees None $3 per lot None None N/A
Lot Size Standard Micro Standard Standard N/A
Trading Platforms MT4/MT5 MT4/MT5 MT4/MT5 MT4/MT5 MT4/MT5
Execution Type Market ECN Market Market N/A
Islamic Account Availability No No No Yes No
Swap-Free Options No No No Yes No
Demo Account Features No No No No Yes, virtual balance
Advantages Easy to use, low deposit Low spreads, fast execution Advanced tools, high leverage Compliant with Islamic law Risk-free practice
Disadvantages Higher spreads Commission fees apply High minimum deposit Limited to Muslim traders Limited to virtual funds

Part 3: tfb Account Opening Requirements

tfb Account Registration Requirements

To open a tfb account, the following eligibility criteria and documentation are required:

  • Eligibility Criteria:

  • Age requirement: Minimum 18 years old

  • Geographic restrictions: Available in most countries, but check local regulations

  • Prohibited countries: Countries under sanctions or restrictions by the broker

  • Identity Verification Documents Needed:

  • Government-issued ID (passport, drivers license)

  • Proof of residence (utility bill, bank statement)

  • Additional Documentation for Professional Accounts:

  • Proof of trading experience (if applicable)

  • KYC/AML Compliance Procedures:

  • Complete identity verification process

  • Submit required documents for review

  • Verification Time Frames:

  • Typically, account verification takes 1-3 business days.

Part 4: tfb Account Opening Process

Step-by-Step tfb Account Opening Guide

To open a tfb account, follow these steps:

  1. Visit the Website: Go to the tfb official website and click on the registration button.
  2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
  3. Choose Account Type: Select the account type that best suits your trading needs.
  4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
  5. Document Upload: Upload the required identity verification documents.
  6. Account Verification: Wait for the verification process to be completed.
  7. Fund Your Account: Deposit the minimum required amount to activate your trading account.
  8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, but the mobile interface may have a simplified layout for ease of use.

Common Registration Issues and Solutions

  • Issue: Document upload errors.

    Solution: Ensure documents are clear and meet the required format.

  • Issue: Delayed verification.

    Solution: Contact customer support for assistance.

Average Account Approval Time

  • Account approval typically takes 1-3 business days, depending on the completeness of submitted documents.

How to Upgrade/Downgrade Account Types

  • To change your account type, contact customer support or use the account management section of the website.

Part 5: tfb Demo Account Information

tfb Demo Account Guide

  • Demo Account Features and Benefits:

  • Provides a risk-free environment to practice trading.

  • Access to all trading instruments available in live accounts.

  • How to Open a Demo Account:

  • Visit the tfb website and select the demo account option.

  • Fill in the required information and create your demo account.

  • Demo Account Limitations:

  • Virtual balance may be limited (e.g., $10,000).

  • No real profits can be made.

  • Virtual Balance Amount:

  • Typically set at $10,000 for practice purposes.

  • Demo vs Live Account Differences:

  • Demo accounts use virtual funds, while live accounts require real money deposits.

  • No emotional pressure in demo trading compared to live trading.

  • Duration/Expiry of Demo Accounts:

  • Demo accounts usually remain active for 30 to 90 days.

Part 6: tfb Islamic Account Details

tfb Islamic Account Details

  • Swap-Free/Islamic Account Availability:

  • TFB offers an Islamic account that complies with Sharia law.

  • Eligibility Requirements:

  • Must be a Muslim trader.

  • Differences from Standard Accounts:

  • No interest or swap fees applied to overnight positions.

  • How to Apply for Islamic Account:

  • Select the Islamic account option during registration or contact customer support.

  • Restrictions or Special Conditions:

  • Must adhere to Islamic trading principles.

FAQs – tfb Account Types & Opening

  1. What account types does tfb offer?
  • TFB offers Standard, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500, Demo: $0.
  1. How long does tfb account verification take?
  • Verification typically takes 1-3 business days.
  1. Does tfb offer demo accounts?
  • Yes, tfb provides demo accounts for practice trading.
  1. Can I have multiple account types with tfb?
  • Yes, you can have multiple account types.
  1. Does tfb offer Islamic/swap-free accounts?
  • Yes, TFB offers Islamic accounts that are swap-free.
  1. What documents do I need to open a tfb account?
  • A government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, you can change your account type by contacting customer support.

TFB accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
TFB Account