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TFI Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.tfimarke..., the company's legitimate regulatory information CyprusCYSECMarket Making License (MM) to enhance the security of the company's address 178 Athalassas Ave., 1st Floor, Irene Tower, 2025, Nicosia, Cyprus

TFI Forex Broker

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TFI

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TFI Review SummaryFounded1996Registered Country/RegionCyprusRegulationFCA (revoked), CYSEC (suspicious clone)Services Currency Payments, Currency Conversions, Currency Risk ManagementCustomer SupportLive chat; contact formTel: (+357) 22 749 800Fax: (+357) 22 817 496Head Office: 27 Pindarou, Alpha Business Center, Block A, 3rd Floor, 1060 Nicosia, Cyprus; P.O Box 16022, 2085, Nicosia, CyprusSocial media: LinkedIn, Facebook, YouTubeTFI Information TFI, the trading name of TFI Markets Ltd, started its financial business in 1996 mainly for business clients. It offers currency solutions such as currency payments, currency conversions and currency risk management. The API integration between the TFI system and the customer system allows for high-efficient currency trading. In addition, the company implements fund segreation and adheres to PSD2 Secure Customer Authentication guidelines to protect customer assets. However, one thing worth noting is that the company operates under revoked FCA and suspicious CYSEC clone status, which are alarming red flags for clients about its reliability. And there are even two WikiFX exposures about withdrawal issues, further exacerbating its credibility.Pros and ConsPros Cons Many years' industry experienceFCA revoked and suspicious CYSEC cloneFund segregationWikiFX exposures about withdrawal issuesAPI integration solutionLive chat supportIs TFI Legit? TFI claims to be regulated by FCA (Financial Conduct Authority) and CYSEC (Cyprus Securities and Exchange Commission) with licenses numbering at 527167 and 117/10 respectively. However, the license status are “Revoked” for FCA and “Suspicious clone” for CYSEC, indicating that the broker's business activities might no longer comply with the regulatory requirements or have surpassed the authorized scope. You should be aware of this and take it into account when deciding to trade with this company.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense NumberFCARevoked TFI Markets LtdEuropean Authorized Representative (EEA)527167CYSECSuspicious cloneTFI Markets LtdMarket Making (MM)117/10Services TFI Currency Solutions offers tailored services across three key categories: Currency Payments, Currency Conversions, and Currency Risk Management.Currency Payments: Enables businesses to send and receive payments globally in multiple currencies through a free multi-currency account, with same-day transactions available at minimal or zero charges.Currency Conversions: TFI provides competitive exchange rates with no commission, the ability to lock in rates, and a 24/5 online portal for streamlined currency management.Currency Risk Management: These include customized strategies to mitigate market volatility, allowing businesses to lock in rates for up to one year to protect profit margins and enhance financial stability.Fees TFI charges rollover fees for unsettled forex transactions overnight, and a series fees for different tier of clients, such as account management fees, transactions fees, incoming and outward payment fees. You can visit below links for most updated details of these fees:Tier 1: https://tfimarkets.com/uploads/legal/Fees%20%26%20Charges%20-%20Tier%201.pdfTier 2: https://tfimarkets.com/uploads/legal/Fees%20%26%20Charges%20-%20Tier%202%20(For%20Enhanced%20Due%20Diligence%20clients).pdfRollover fees:https://tfimarkets.com/rollover-fees/
How to login to TFI?

TFI Similar Brokers

Latest Reviews

Pros
Established for several years, providing a level of experience in the market.
Offers online customer service support in multiple languages.
Provides access to various financial instruments, including forex and CFDs.
Cons
Regulatory status is unclear, raising concerns about legitimacy.
Low overall ratings and scores from review platforms, indicating potential issues.
Negative user experiences reported, including problems with execution and customer service.

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
TFI Markets Ltd
Abbreviation
TFI
Company employee
--
Customer Service Email Address
support@tfimarkets.com
Contact Number
+35722749800
Company Address
178 Athalassas Ave., 1st Floor, Irene Tower, 2025, Nicosia, Cyprus
How to login to TFI?
tfi Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a tfi Account Registering for a tfi account is the first step toward accessing the platform's services. Follow these detailed steps to complete your tfi registration: Accessing the Registration Page Visit the official tfi website. Look for the "Open Account" or "Register" button, typically located in the top right corner of the homepage. Click this button to be directed to the registration form. Filling in Required Information Complete the registration form with the necessary personal details, including your full name, email address, phone number, and any other required information. Ensure that all information is accurate to avoid complications later. Email/Phone Verification After submitting your information, you will receive a verification email or SMS. Click the verification link in the email or input the code sent to your phone. This step is crucial for confirming your identity and securing your account. Identity Verification (if required) Depending on your region or the account type you are registering for, you may need to provide additional identity verification documents. This could include a government-issued ID and proof of address. Ensure that these documents are clear and legible. Registration Confirmation Once your details have been verified, you will receive a confirmation email indicating that your tfi registration was successful. Your account will now be ready for the next steps. Common Registration Issues and Solutions Verification Email Not Received: Check your spam or junk folder. If its not there, try resending the verification email from the tfi website. Identity Verification Rejections: Ensure that the documents submitted are recent and match the details provided during registration. If rejected, contact tfi support for guidance. Regional Restrictions: Some regions may have specific requirements or restrictions. Always check the tfi website for the latest information applicable to your location. Regional Differences in Registration While the registration process is generally consistent, some regions may require additional documentation due to local regulations. For example, users from certain countries might need to provide extra identification or proof of residency. Always consult the tfi website for the most accurate and region-specific information. Part Two: tfi Account Opening Detailed Guide Understanding the Difference Between Registration and Account Opening While registration is the initial step to create an account, account opening involves selecting the type of account you wish to use and completing any necessary documentation. It is essential to understand that registration is merely the first step, while account opening is where you finalize your account setup for trading or other services. Preparation Work Before Account Opening Before you begin the tfi account opening process, ensure you have the following: Identification Documents: Ensure your ID and proof of residence are ready for upload. Account Type Selection: Decide whether you want a personal or corporate account, as this will dictate the documentation needed. Initial Deposit Information: Familiarize yourself with the minimum deposit requirements, which is typically as low as $1 for tfi markets accounts. Detailed Account Opening Steps Selecting Account Type After completing the registration, log in to your tfi account and select the type of account you wish to open—either a corporate or personal account. Each type has its own requirements and features. Submitting Required Documents Upload the necessary documents for verification. This includes your identification and any additional documentation required for the type of account you are opening. Account Review Process Once documents are submitted, they will undergo a review process. This can take anywhere from a few hours to a couple of days, depending on the volume of applications being processed. Account Activation Upon successful review, you will receive a notification confirming that your account is active. Follow any additional instructions provided to finalize your account setup. Initial Setup After activation, log in to your account and complete any initial setup steps, such as setting up security features or linking a bank account for deposits and withdrawals. Frequently Asked Questions About Account Opening How long does the account opening process take? The account opening process can take anywhere from a few hours to several days, depending on document verification. Can I open multiple accounts? Yes, but you may need to go through the registration and opening process for each account type. What if my documents are rejected? If your documents are rejected, you will be notified via email. Follow the instructions provided to rectify the issue. Next Steps After Opening an Account Once your account is active, consider: Familiarizing yourself with the tfi platform features. Making an initial deposit to start trading. Exploring educational resources available on the tfi website to enhance your trading skills. Part Three: tfi Login Process Explained Basic Web Login Process To access your tfi account, follow these steps: Visit the tfi Login Page Navigate to the official tfi website and click on the "Login" button, usually found in the top right corner. Enter Your Credentials Input your registered email and password. Ensure that you enter the information accurately to avoid login issues. Stay Logged In (Optional) If using a personal device, you may choose to check the "Stay Logged In" option for easier future access. Access Your Dashboard After successfully logging in, you will be redirected to your account dashboard, where you can manage your account settings and trading activities. Logout When Finished Always remember to log out, especially if using a public or shared computer, to keep your account secure. Mobile App Login Process If tfi has a mobile app available, the login process is similar: Open the App Launch the tfi mobile app on your device. Enter Your Credentials Input your email and password. Access Your Account Tap "Login" to access your account dashboard. Other Login Methods Currently, tfi does not offer third-party login options such as Single Sign-On (SSO). Users must log in using their registered credentials. Common Login Issues and Solutions Forgotten Password: If you forget your password, click on the "Forgot Password?" link on the login page. Follow the instructions to reset your password via your registered email. Account Lockout: If your account is locked due to multiple failed login attempts, contact tfi support for assistance. Technical Issues: Ensure that your internet connection is stable. If issues persist, try clearing your browser cache or using a different browser. Special Instructions for First-Time Login: Upon your first login, you may be prompted to set up additional security features, such as two-factor authentication. Overview of Features After Login After logging in, you can: Access your account dashboard to view balances and trading history. Make deposits and withdrawals. Utilize trading tools and resources available on the platform. Additional Sections Account Security Recommendations Use Strong Passwords: Create complex passwords that include a mix of letters, numbers, and symbols. Enable Two-Factor Authentication: If available, enable additional security measures to protect your account. Regularly Monitor Account Activity: Frequently check your account for any unauthorized transactions. Best Practices for Account Management Keep Your Information Updated: Ensure that your contact information is current to receive important updates from tfi. Review Account Statements Regularly: Regularly check your account statements to track your trading activities and identify any discrepancies. How to Get Technical Support For any technical issues or inquiries, contact tfi support via: Phone: Reach out during business hours for immediate assistance. Email: Send your queries to support@tfi.com for less urgent matters. Live Chat: If available, use the live chat feature on the tfi website for quick responses. This guide provides a comprehensive overview of the tfi registration, account opening, and login processes. By following these steps, you can ensure a smooth experience while utilizing the tfi platform. Always refer to the official tfi website for the most current information and updates.

TFI Forex Broker - Complete Information Guide

1. Broker Overview

TFI Markets Ltd, established in 1999, is a well-recognized brokerage firm based in Nicosia, Cyprus. The company operates as a private entity and has built a solid reputation over the years, primarily catering to corporate clients and partnerships seeking comprehensive currency solutions and risk management services. TFI Markets has been a prominent player in the currency conversion and forward contract trading markets, providing tailored services that meet the demands of its clientele.

The company has achieved significant milestones since its inception, such as obtaining regulatory licenses and expanding its service offerings to include a proprietary trading platform. TFI Markets has also engaged in various sponsorships, including supporting the Invest Cyprus CIPA Awards, showcasing its commitment to the financial community.

Operating under a unique business model, TFI Markets focuses on currency trading and forward contracts, offering clients access to a range of financial instruments. The firm emphasizes a professional approach to trading, targeting experienced traders and corporate entities rather than retail investors. This strategic focus allows TFI Markets to maintain a competitive edge in the industry.

2. Regulatory and Compliance Information

TFI Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC), holding the license number 117/10. This regulation ensures that TFI Markets adheres to stringent financial standards and provides a secure trading environment for its clients. The firm also complies with the EU's Markets in Financial Instruments Directive (MiFID), which enhances investor protection and promotes transparency in the financial markets.

The company's compliance measures include maintaining client funds in segregated accounts, ensuring that client's assets are kept separate from the firm's operational funds. This practice is crucial in safeguarding client investments against potential financial difficulties faced by the broker. Additionally, TFI Markets is a member of the Investor Compensation Fund, which provides further protection to clients in the event of insolvency.

To comply with international standards, TFI Markets implements Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. These measures are designed to prevent fraud and ensure that the broker operates within the legal framework established by regulatory authorities.

3. Trading Products and Services

TFI Markets offers a diverse range of trading products, primarily focusing on forex and forward contracts. The broker provides access to 20 currency pairs, including major, minor, and exotic currencies, allowing clients to engage in various trading strategies. Additionally, TFI Markets facilitates currency conversion services, enabling clients to manage their foreign exchange needs efficiently.

In terms of CFDs (Contracts for Difference), TFI Markets provides options on indices and commodities, although the selection is relatively limited compared to some competitors. The broker does not offer cryptocurrency trading, which may be a drawback for clients interested in digital assets.

TFI Markets is known for its competitive spreads, typically ranging from 0.1 to 0.3 pips for major currency pairs. The absence of commissions on trades further enhances the trading conditions for clients. The broker's focus on corporate clients means that it does not provide services for retail investors seeking passive income opportunities or automated trading solutions.

4. Trading Platforms and Technology

TFI Markets supports the widely-used MetaTrader 4 (MT4) platform, which is favored by forex traders for its robust features and user-friendly interface. The platform offers extensive analytical tools, including 30 built-in technical indicators and multiple charting options, allowing traders to implement various strategies effectively.

In addition to MT4, TFI Markets has developed its proprietary online trading portal, which provides clients with a seamless trading experience without the need for additional software installations. The platform is accessible via web browsers, making it convenient for traders to manage their accounts from anywhere.

While TFI Markets does not currently offer a mobile trading application, the web-based platform is optimized for mobile use, enabling traders to execute trades and monitor their accounts on the go. The broker employs advanced technology to ensure fast order execution and reliable performance, although some clients have reported occasional delays in order processing.

TFI Markets also offers API access for institutional clients, facilitating automated trading and integration with third-party systems. This feature is particularly beneficial for corporate clients looking to streamline their trading operations.

5. Account Types and Trading Conditions

TFI Markets provides two primary account types: Corporate Accounts and Personal Accounts for legal entities. The minimum deposit requirement is notably low, starting from just $1, making it accessible for businesses seeking to engage in forex trading.

The trading conditions for the standard accounts include:

  • Spreads: Floating spreads from 0.1 to 0.3 pips.
  • Commission: No commissions on trades.
  • Leverage: Up to 1:100 for forex trading, with different limits depending on the asset class.
  • Minimum Trade Size: Clients can start trading with a minimum lot size of 0.01.

TFI Markets does not offer demo accounts, which may limit opportunities for new traders to practice before committing real funds. Additionally, there are no Islamic or swap-free account options available, which could be a disadvantage for clients requiring such services.

6. Fund Management

TFI Markets supports several deposit methods, including bank wire transfers and credit/debit cards. The minimum deposit varies depending on the account type, with a starting requirement of $1 for personal accounts.

Deposits are processed within one business day, and TFI Markets does not charge any fees for incoming deposits. However, clients should be aware of potential intermediary bank fees that may apply.

Withdrawal methods are limited to bank transfers, and clients must use the same method for withdrawals as they did for deposits. Withdrawal requests are typically processed within 1 to 3 business days, with fees applicable for certain types of transfers, such as €10 for SEPA transfers and €30 for SWIFT transfers. TFI Markets does not charge withdrawal fees for amounts exceeding €100,000 for specific transfer types.

7. Customer Support and Educational Resources

TFI Markets offers customer support through various channels, including email, phone, and an online contact form. The support team is available 24/5, but live chat support is not currently offered, which may limit immediate assistance for clients.

The broker provides limited educational resources on its platform, primarily targeting experienced traders. There are few tutorials, webinars, or comprehensive guides available, which may pose challenges for novice traders seeking to enhance their trading knowledge.

Market analysis services are also minimal, with clients encouraged to perform their own research and utilize the tools provided on the trading platform.

8. Regional Coverage and Restrictions

TFI Markets operates globally, catering to clients in various regions, including Europe and Asia. The broker has established offices in Cyprus and Greece, enhancing its presence in the European market.

However, TFI Markets does not accept clients from certain countries, including the United States, Belgium, Cuba, and several others where local laws restrict trading activities. This limitation may affect potential clients looking to engage with the broker from those regions.

In summary, TFI Markets is a well-regulated broker offering competitive trading conditions, primarily targeting corporate clients. While it excels in providing currency conversion and forward contract services, the limited range of trading products and educational resources may not meet the needs of all traders.

Latest Reviews

男子汉大豆腐

男子汉大豆腐

United States

The 10,000 US dollars cannot be withdrawn now. The customer service said that it is under review.

Exposure

2023-10-07

桃子3217

桃子3217

Hong Kong

When withdrawing money, they asked me to lock my position and to exchange it for USD. And then they didn't allow me to withdraw, now the app cannot be opened. I couldn't withdraw my 120,000 US dollars, and they just cheated me in a group of 118 people.

Exposure

2023-09-11

3744

3744

Cyprus

Since I started using TFI Markets, handling my business transactions has gotten a lot easier. The same-day value payments are quick. It's straightforward and effective, exactly what I need for my daily operations.

Positive

2024-06-27

YINYINYIN

YINYINYIN

Cyprus

Pretty solid. Their focus on currency services is something to highlight - they've got currency conversions, third-party payments, and risk mitigation solutions sorted. Bonus points for their API solutions as well. But it's not all sunshine and rainbows, you've got to have your guard up when it comes to risks and costs. Remember, knowledge is power!

Positive

2024-05-15

TFI Forex Broker has an overall rating of 1.59, Regulatory Index 0.00, License Index 0.00, Business Index 7.59, Software Index 4.00 Risk Control Index 0.00.