TFIFX Review SummaryFounded2006Registered Country/RegionCyprusRegulationCySEC (License No. 117/10)Market InstrumentsForex (Major and Commodity Pairs)Demo Account/Leverage/Spread3-5 pips for major pairsTrading PlatformMetaTrader 4 (MT4)Min Deposit/Customer SupportPhone: 80 000 100Email: support@tfimarkets.comTFIFX Information TFIFX was founded in 2006 and is a CySEC-regulated broker that specializes in major and commodity currency pairings for forex trading. It caters to traders with different levels of experience by using the MetaTrader 4 (MT4) platform and providing competitive spreads.Pros and ConsPros Cons Regulated by CySECLimited tradable instrumentsLow spreads on major currency pairsNo Islamic or demo accounts mentionedAdvanced MT4 trading platformInactivity fee for dormant accountsIs TFIFX Legit? TFIFX indeed acts as a regulated broker. The Cyprus Securities and Exchange Commission (CySEC) watches it over. Effective since April 14, 2010, TFIFX owns a Market Making (MM) license under license number 117/10.What Can I Trade on TFIFX? Major and commodity currency pairs among other trade instruments are available through TFIFX. Their products include of seven main pairs of currencies, which let traders engage in the most liquid worldwide marketplaces.Tradable Instruments Supported Forex (Major Pairs)✔Forex (Commodity Pairs)✔Indices❌Commodities❌Cryptocurrencies❌Stocks❌ETFs❌Account Types TFIFX provides TFI Hedge Account and TFIFX Account as two main live trading accounts.TFIFX Fees For most pairs including EUR/USD, GBP/USD, and USD/JPY, TFIFX spreads are competitive. Usually ranging from 3-5 pips. Although advanced accounts could have smaller spreads, particular information depends on the type of account. Based on the market interest rate variances across currencies, swap fees—or income—are paid for overnight holdings. Daily estimated swaps vary depending on market volatility.Non-Trading FeesNon-trading Fees Deposit FeeFree (Intermediary bank fees may apply)Withdrawal Fee (SEPA)0.15%, minimum 5 EUR, maximum 10 EUR (up to 50,000 EUR)Withdrawal Fee (SWIFT)EUR 25/USD 30 or equivalent (unlimited amount, any currency)Inactivity FeeUSD 30 per year (charged for dormant accounts)Trading PlatformTrading PlatformSupported Available Devices Suitable for what kind of tradersMetaTrader 4 (MT4)✔iOS, Android, Windows, MacTraders seeking advanced charting, technical analysis, and automated trading toolsDeposit and Withdrawal Bank wire transfers are accepted for both deposits and withdrawals on TFI Markets. Depending on the region and type of transfer, the broker provides certain fees and processing periods. Deposit Options Deposit Options Min. DepositFees Processing Time Bank Wire TransferNot MentionedIntermediary bank fees may apply1-3 Business Days Withdrawal Options Withdrawal Options Min. Withdrawal Fees Processing Time Bank Wire TransferNot Specified- SEPA: 0.15% (min 5 EUR, max 10 EUR)1-3 Business Days- SWIFT: 25 EUR / 30 USD or equivalent