TsFX broker Accounts

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

tsfx Account Types Explained

TsFX offers a variety of account types tailored to meet the diverse needs of traders. Below is an overview of the available account types, including their features, minimum deposit requirements, and target user profiles.

1. Standard Account

• Minimum Deposit: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission.
• Leverage Options: Up to 1:500.
• Key Features:
• Access to a wide range of trading instruments.
• Ideal for beginners due to its straightforward pricing structure.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex pairs, commodities, indices.

2. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Spreads from 0.0 pips with a commission of $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features:
• Direct market access with lower spreads.
• Suitable for high-frequency trading and scalping.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex pairs, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Spreads from 0.5 pips with a commission of $2 per lot.
• Leverage Options: Up to 1:100.
• Key Features:
• Enhanced trading conditions with lower costs.
• Access to professional trading tools.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex pairs, commodities, indices, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit: $100
• Spread/Commission Structure: Similar to the Standard Account but swap-free.
• Leverage Options: Up to 1:500.
• Key Features:
• Designed for traders who adhere to Islamic finance principles.
• No interest fees on overnight positions.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex pairs, commodities.

5. Demo Account

• Minimum Deposit: Virtual funds (typically $10,000).
• Spread/Commission Structure: Same as the Standard Account.
• Leverage Options: Up to 1:500.
• Key Features:
• Risk-free environment to practice trading.
• Access to all trading instruments.
• Target User Profile: Beginners and traders looking to test strategies.
• Trading Instruments Available: Forex pairs, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account or Demo Account.
• Intermediate Traders: ECN Account.
• Advanced Traders: Pro Account.
• Muslim Traders: Islamic Account.

Detailed tsfx Account Features

Feature Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• User-friendly for beginners.

• ECN Account:

• Tight spreads.

• Suitable for high-frequency trading.

• Direct market access.

• Pro Account:

• Lower trading costs.

• Access to professional tools.

• Enhanced trading conditions.

• Islamic Account:

• Compliant with Islamic finance principles.

• No overnight interest fees.

• Demo Account:

• Risk-free trading environment.

• Ideal for strategy testing.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees can add up.

• Pro Account:

• Higher minimum deposit required.

• Not suitable for casual traders.

• Islamic Account:

• Limited to Muslim traders.

• Demo Account:

• Virtual funds do not reflect real market conditions.

tsfx Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but may be restricted in certain jurisdictions.
• Prohibited Countries: Specific countries may be restricted due to regulatory compliance.

Identity Verification Documents Needed

• Identification: Government-issued ID (passport, national ID, or drivers license).
• Proof of Residence: Recent utility bill, bank statement, or lease agreement.

Additional Documentation for Professional Accounts

• Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

• TsFX adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring identity verification before account activation.

Verification Time Frames

• Account verification typically takes between 1 to 3 business days, depending on the completeness of submitted documents.

Step-by-Step tsfx Account Opening Guide

Registration Process

1. Visit Website: Go to the TsFX official website.
2. Click Registration: Locate and click on the "Open Account" button.
3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
4. Choose Account Type: Select the account type that best suits your trading needs.
5. Set Trading Preferences: Specify your trading preferences, including leverage and trading platform.
6. Document Upload: Upload required identification and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit funds to start trading.
9. Start Trading: Access your account and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with minor interface adjustments for mobile users.

Common Registration Issues and Solutions

• Issue: Verification code not received.

• Solution: Check spam folder or request a new code.

• Issue: Document upload fails.

• Solution: Ensure documents are clear and in the correct format.

Average Account Approval Time

• Typically, accounts are approved within 1 to 3 business days.

How to Upgrade/Downgrade Account Types

• Contact TsFX customer support to request an account type change. Additional documentation may be required for upgrades.

tsfx Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to all trading instruments available in live accounts.

How to Open a Demo Account

• Follow the same registration steps as for a live account but select the demo account option.

Demo Account Limitations

• Virtual funds may not reflect actual trading conditions.
• Limited duration, typically expiring after 30 days of inactivity.

Virtual Balance Amount

• Standard virtual balance is usually set at $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real capital.
• Trading conditions may differ slightly in terms of execution speed and spreads.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity, but can be extended by contacting support.

tsfx Islamic Account Details

Swap-Free/Islamic Account Availability

• TsFX offers a swap-free Islamic account option for traders adhering to Islamic finance principles.

Eligibility Requirements

• Must be a Muslim trader seeking compliance with Sharia law.

Differences from Standard Accounts

• Islamic accounts do not incur overnight interest fees.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions that differ from standard accounts.

FAQs – tsfx Account Types & Opening

1. What account types does tsfx offer？

• TsFX 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: $100, Demo: Virtual funds.

1. How long does tsfx account verification take？

• Verification typically takes 1 to 3 business days.

1. Does tsfx offer demo accounts？

• Yes, TsFX offers demo accounts for practice trading.

1. Can I have multiple account types with tsfx？

• Yes, you can have multiple account types, but you may need to contact customer support for setup.

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

• Yes, TsFX provides Islamic accounts that comply with Sharia law.

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

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

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.