TFBO Account Type

TFBO (Tom Ford Barnes Original) offers a limited account type structure primarily aimed at the Chinese market. As an unregulated forex broker, TFBO provides a standard trading account with the following features:

• Minimum Deposit: Traders can start with a minimum deposit of $100, which is relatively low compared to many other brokers.
• Leverage: TFBO offers high leverage of up to 1:500 for forex trading, which can amplify both potential profits and risks.
• Spreads: The broker claims to offer ultra-low spreads starting from 0 pips on major currency pairs, although specific details on spreads for other instruments are not provided.
• Trading Platform: TFBO utilizes the popular MetaTrader 4 (MT4) platform, available in various forms including desktop, web, and mobile applications.

TFBO Broker Account Opening Process

Opening an account with TFBO is straightforward, and the process includes the following steps:

• Visit the Website: Go to the official TFBO site at xg universal.
• Account Registration: Click on the "Open Account" button and fill in the required personal information, including your email address and phone number.
• Verification: You will need to verify your identity by uploading a government-issued ID (passport or driver's license).
• Complete Profile: Fill out the necessary details regarding your trading preferences and financial background.
• Deposit Funds: After your account is set up and verified, you can deposit funds using various methods such as bank transfer, credit/debit cards, or online payment systems like Skrill and Neteller.
• Start Trading: Once your account is funded, you can begin trading on the TFBO platform.

Please note that as an unregulated broker, trading with TFBO carries significant risks, and it is advisable to exercise caution.