TDFX Forex Broker

TDFXReview Summary Founded2023 Registered Country/RegionSaint Vincent and the Grenadines RegulationNo regulation Market InstrumentsForex, commodities, equities, indices, stocks, cryptocurrencies Demo Account❌ Islamic Account✅ LeverageUp to 1:500 SpreadFrom 2 pips (Classic Account, Islamic Account) From 1.5 pips (Professional Account) From 1 pips (Standard Account) From 0 pips (VIP ECN Account, Elite Account) Trading PlatformWeb Trader Minimum Deposit$50 Copy Trading✅ Customer SupportContact form, live chat Tel: +971 58 580 6264; +91 9228041786 Email: support@tdfx.exchange Social media: YouTube, Facebook, Instagram Address: Suite No 305, Griffith Corporate Centre, Kingstown St. Vincent and the Grenadines P.O Box 1510, Beachmont Kingstown ST. Vincent and the Grenadines TDFX was registered in 2023 in Saint Vincent and the Grenadines, specializing in forex, commodities, equities, indices, stocks, and cryptocurrencies markets. It provides six types of accounts, with a minimum deposit of $50 and a maximum leverage of 1:500. Besides, TDFX also offers copy trading platform. However, it should be noted that this company is not regulated, and potential risks cannot be ignored.Pros and Cons Pros Cons Low minimum depositNo demo accounts Multiple channels for customer supportLack of regulation Copy trading offeredNo MT4 or MT5 Diverse tradable assets Various account choices Islamic account available Popular payment optionsIs TDFX Legit? No, TDFX is not regulated by financial regulatory authorities in Saint Vincent and the Grenadines, which means the company lacks regulation from its registration site. Please note the potential risks!What Can I Trade on TDFX? TDFX offers a number of products, including forex, commodities, equities, indices, stocks, and cryptocurrencies. Tradable Instruments Supported Forex✔ Commodities✔ Equities✔ Indices✔ Stocks✔ Cryptocurrencies✔ Bonds❌ Options❌ ETFs❌Account Type & Fees TDFX provides six types of accounts: Standard, Classic, Professional, Islamic, VIP ECN, and Elite Account. Commission fees also vary based on account types. Account TypeMinimum DepositMaximum LeverageSpreadCommission Standard Account$501:100From 1 pipFrom $10 per lot Classic Account$1001:200From 2 pips❌ Professional Account$5001:200From 1.5 pips❌ Islamic Account$1,0001:400From 2 pips❌ VIP ECN Account$1,0001:400From 0 pipFrom $15 per lot Elite Account$2,5001:500From 0 pipFrom $12 per lotLeverage The leverage can be up to 1:500, which is not low. Traders need to consider carefully before investing, since high leverage is likely to bring high potential risks.Trading Platform TDFX uses Web Trader as its trading platform. Besides, MT5 and mobile trading platform are coming soon. Trading PlatformSupported Available Devices Suitable for Web Trader✔web/ Mobile APPComing soon// MT5Coming soon/Experienced traders MT4❌/BeginnersCopy Trading TDFX provides a copy trading system, which enables clients to follow top traders and learn from their strategies.Deposit and Withdrawal TDFX accepts several types of payment options, such as Tether, Bitcoin, VISA, Mastercard, Skrill, PayPal, bank transfer, and wire transfer. However, other details such as accepted currencies, the processing time, and fees are not clear.