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TFX Pro foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://tfxpro.io, about the company's legal and temporary regulatory information, the company's address 3212 River Rd, Frankfort, MI, 49635.

TFX Pro Forex Broker

Basic information

Registered region
United States
Operating period
--
Company Name
TFX Pro
Abbreviation
TFX Pro
Company employee
--
Customer Service Email Address
support@tfxpro.io
Contact number
+15183994188
Company website
Company address
3212 River Rd, Frankfort, MI, 49635
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Basic Information Registered Countries United States Regulation No License Company Address Creative Trade Ltd., Minimum Deposit $250 Maximum Leverage 1:400 Minimum Spread From 0.0 pips Trading Platform Web App Trading Assets Forex, Indices, Cryptocurrency, Commodities, Stocks Payment Methods N/A Customer Support Email & Phone support General Information TFX Pro seems to be an investment platform registered in the United States, providing access to a massive financial market, such as Currency Pairs, Commodities, Currencies, Stocks and more. With the TFX Pro platform, three trading accounts are available, with the lowest required opening deposit being $250, and traders can employ a maximum leverage of 1:400 on their positions. TFX Pro is the trading brand owned and operated by Creative Trade Ltd, with registration number 233928 and registered address at House of Francis, 303, IIe Du Port, Mahe, Seychelle. However, when it comes to regulation, TFX Pro disappoints us as it is not authorized or regulated by any regulatory authority. Thats why WikiFX has given it an extremely low score of 1.09/10. Market Instruments Clients can get access to a wide selection of trading assets, five classes of trading assets covering up to 80 cryptocurrency pairs, currency pairs, indices, stocks, commodities all available through this brokerage platform. Account Types Beginner, Precision, Advanced and The Pro accounts are the available options for traders, making them accessible to both novice and experienced traders. However, the minimum deposit set by each account type is quite high in comparison to many brokers, with the Beginner ranging from $250 to $5,000, the Precision accounts ranging from $5,000 to $10,000, the advanced accounts ranging from $5,000 to $10,000, the Advanced accounts ranging from $10,000 to $100,000, and the Pro accounts requiring a deposit of over $100,000. Spreads & Commissions Trading accounts set the commissions and spreads. When it comes to the spreads offered, TFX Pro is not a good choice, for spreads offered by each account is quite wide, with the Beginner accounts from 3.0 pips, the Precision accounts from 2.5 pips, the Advanced accounts from 2.0 pips, the Pro account starting from 0.0 pips. Leverage Maximum leverage for major forex is 1:30 in Europe and Australia, and 1:50 in the U.S. and Canada, while TFX Pro enables its clients to use leverage of up to :400. This is crazily higher than the proper amount considered appropriate by most regulators. Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size. Trading Platform TFX Pro, this unregulated broker, fails to offer the MT4 or MT5 trading platform, and what it provides is the Web App and Mobile App. Payment Methods TFX Pro does not say much about its deposit and withdrawals. But in its withdrawal policies, we notice some withdrawal rules: 1. To request a partial or complete withdrawal of funds from your account, click on “withdrawal request” in your account. 2. This broker needs to take up to 7 business days to process clients withdrawal requests (Bear in mind that most legit brokers only takes up to 2 working days to process withdrawal requests). 3. Withdrawals must be performed only through the same bank account or credit/debit cards that you used to deposit the funds, when it comes to withdrawals, clients must be required to provide additional information and documents 4. Initial investments into the Crypto-AI trader and MAM accounts will be held in the clients TFX Pro trading account for a period of 30-days before withdrawals are permitted. Overall, the withdrawal policy is not that friendly in comparison to most legit brokers. Please be aware of the risk involved. Customer Support Clients have any inquiries or trading-related issues can get in touch with this broker through the following contact channels: Telephone: + 44 1795501562 Email: support@tfxpro.io Company Address: 40 Bank Street Canary Wharf London Post Code E14 5NR Floor 30 Also, a contact form for you to fill up some basic information and wait to be contacted. Risk Warning Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience. The information presented in this article is intended solely for reference purposes. Pros & Cons Pros Cons Multiple trading account options No regulation Limited trading assets High Deposit Unfriendly withdrawal policies Poor customer support Frequently Asked Questions Is TFX Pro regulated? No, TFX Pro is not regulated. What is the maximum leverage provided by TFX Pro? The maximum trading leverage provided by TFX Pro is up to 1:400. What types of trading accounts doe TFX Pro provide? TFX Pro provides four types of trading accounts, including Beginner, Precision, Advanced and The Pro accounts.

Rating Index

GOLD

Minimum Deposit
$50,000

SILVER

Minimum Deposit
$10,000

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Latest Reviews

建新W

建新W

Cyprus

Bunch of greedy con artists. It all seemed shady from the jump but my so-called agent managed to convince me to make more large deposits which I wasn't able to get out of.

Neutral

2023-02-22

石成金

石成金

Hong Kong

Have anybody ever traded with this broker? I just want to try its cryptocurrency trading. While some of my friends said it is not unsafe to trade with this broke, for it is not regulated… alright, it seems that the minimum deposit is quite high for me, just forget it.

Neutral

2022-12-05

YYY61481

YYY61481

Australia

Except for the slow withdrawal, everything else is quite satisfactory. I'm still waiting for the withdrawal I applied for three days ago. Hope that they can be more efficient, and process my application more quickly because I had to use the money in a hurry. Please!

Neutral

2022-12-05

TFX Pro Forex Broker has an overall rating of 1.39, Regulatory Index 0.00, License Index 0.00, Business Index 6.11, Software Index 4.00 Risk Control Index 0.00.