TFTC broker Accounts

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

tftc Account Types Explained

TFTC offers several account types tailored to different trading needs and profiles. Below is a comprehensive overview of each account type available through TFTC.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features:
• Access to all trading instruments
• Suitable for beginners
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips + $3 commission per lot
• Leverage Options: Up to 1:200
• Key Features:
• Direct market access
• Faster execution speeds
• Target User Profile: Intermediate to advanced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Tight spreads from 0.1 pips + $2 commission per lot
• Leverage Options: Up to 1:100
• Key Features:
• Advanced trading tools
• Priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, depending on the chosen type
• Leverage Options: Up to 1:200
• Key Features:
• Swap-free trading
• Compliance with Islamic finance principles
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000)
• Spread/Commission Structure: Same as Standard account
• Leverage Options: Up to 1:500
• Key Features:
• Risk-free trading environment
• Access to all trading instruments
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• Testers/Practitioners: Demo Account

Detailed tftc Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: Virtual balance

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:200

• Demo: Up to 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.1 pips

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3/lot

• Pro: $2/lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Demo Account Features:

• Virtual balance, access to all instruments, risk-free environment.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to a wide range of instruments

• ECN Account:

• Tight spreads

• Direct market access

• Suitable for high-frequency trading

• Pro Account:

• Advanced trading tools

• Lower commission fees

• Enhanced support

• Islamic Account:

• Compliance with Islamic finance

• No swap fees

• Flexible trading conditions

• Demo Account:

• Risk-free trading

• Practice strategies

• Familiarize with the trading platform

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees can add up

• Pro Account:

• Higher minimum deposit

• May not be suitable for beginners

• Islamic Account:

• Limited availability in some regions

• May have higher spreads

• Demo Account:

• No real money trading experience

• Limited duration of use

tftc Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years
• Geographic Restrictions: Available in most countries, but may have restrictions in certain regions
• Prohibited Countries: Specific countries may be restricted due to regulatory compliance (not specified in sources)
• Identity Verification Documents Needed:
• Government-issued ID (passport, drivers license)
• Proof of address (utility bill, bank statement)
• Proof of Residence Requirements: Recent documents showing the applicant's name and address
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks as part of the registration process.

Verification Time Frames

• Account verification typically takes up to 2 business days, depending on the completeness of the submitted documents.

Step-by-Step tftc Account Opening Guide

Detailed Registration Process

1. Visit the Website: Go to the TFTC official website.
2. Click Registration: Locate and click on the registration button.
3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
4. Choose Account Type: Select the desired account type from the available options.
5. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
6. Document Upload: Upload the required identity verification documents.
7. Account Verification: Wait for the account to be verified by TFTC.
8. Fund Your Account: Deposit the minimum required amount to activate your account.
9. Start Trading: Once funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are in the correct format and within size limits.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes up to 2 business days.

How to Upgrade/Downgrade Account Types

• Users can request to upgrade or downgrade their account type through the customer support portal, subject to the terms and conditions of TFTC.

tftc Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, virtual balance for risk-free trading.
• Benefits: Practice trading strategies without financial risk, familiarize with the trading platform.

How to Open a Demo Account

• Follow the same registration steps as for a live account, selecting the demo option.

Demo Account Limitations

• Limited duration (typically 30 days), and trading conditions may differ from live accounts.

Virtual Balance Amount

• Usually set at $10,000 for practice trading.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits and involve actual trading risks.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days, but users may need to check for specific terms.

tftc Islamic Account Details

Swap-Free/Islamic Account Availability

• TFTC offers Islamic accounts that comply with Sharia law, providing swap-free trading options.

Eligibility Requirements

• Must provide proof of eligibility for an Islamic account, typically through a declaration of faith.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and may have different spread structures.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions that differ from standard accounts, including limitations on certain trading strategies.

FAQs – tftc Account Types & Opening

1. What account types does tftc offer？

• TFTC 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: Virtual balance.

1. How long does tftc account verification take？

• Account verification typically takes up to 2 business days.

1. Does tftc offer demo accounts？

• Yes, TFTC offers demo accounts for practice trading.

1. Can I have multiple account types with tftc？

• Yes, users can have multiple account types, subject to TFTC's terms.

1. Does tftc offer Islamic/swap-free accounts？

• Yes, TFTC provides Islamic accounts that are swap-free.

1. What documents do I need to open a tftc account？

• A government-issued ID and proof of address are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.