Search
Tier1FX Forex broker specializes in providing foreign exchange trading services, the company's official website https://registration..., the company's legitimate regulatory information MaltaMFSAMarket Maker (MM) to enhance the security of the company's address Nu Bis Centre Mosta Road, Lija LJA9012 Malta

Tier1FX Forex Broker

Basic Information

Registered Region
Malta
Operating Period
--
Company Name
Hogg Capital Investments Ltd
Abbreviation
Tier1FX
Company employee
--
Customer Service Email Address
support@tier1fx.com
Contact Number
+35623273000
Company Website
Company address
Nu Bis Centre Mosta Road, Lija LJA9012 Malta
Keywords
Above 20 years
Regulated in Malta
Market Maker (MM)
MT4 Full License
Regional Brokers

Company profile

Tier1FX Review SummaryFounded2013-06-04Registered Country/RegionMaltaRegulationRegulatedMarket InstrumentsForex/Spot Commodities/Spot Precious Metals/CFDsDemo✅LeverageUp to 1:200Spreadultra-lowTrading PlatformT1FX MT4 & JForex(Android/iPhone/iPad)/FORTEX 6/FIX APIMin Deposit1,000 EUR or equivalentCustomer SupportEmail: support@tier1fx.comPhone: +356 23 27 3000Tier1FX Information Tier1FX is a STP/DMA broker, eliminating the inherent conflicts of interest that may occur between market makers and clients. This broker specializes in a variety of trading instruments such as Forex, Precious Metals, Commodities, CFDs, etc. Traders can trade through multiple platforms in different versions, such as T1FX MT4, JForex, FORTEX 6, and FIX API.Pros and ConsPros Cons RegulatedUnspecific spread informationMT4 availableComments about being unable to withdrawDemo availableLeverage up to 1:200Is Tier1FX Legit? Malta Financial Services Authority(MFSA) regulates Tier1FX with license number C 18954 and License Type Market Making(MM), making it safer than the unregulated one. Due to regulatory restrictions, applications from residents of the United States, Iran, North Korea, and Japan cannot be processed.What Can I Trade on Tier1FX? Tier1FX offers various market instruments, including 50+ Forex pairs, Spot Precious Metals, Spot Commodities, Index CFDs, Multi-Asset Trading, and CFDs on Cryptos.Tradable Instruments Supported Forex✔Spot Commodities✔Spot Precious Metals✔Index CFDs✔Multi-Asset Trading✔CFDs on Cryptos✔Account Type Tier1FX offers main trading accounts for EUR, USD, and GBP,and demo accounts with a default validity period of 60 days. The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.Account Type MainBase CurrenciesEUR, USD, GBPMinimum Initial Deposit1,000 EUR/USD/GBPMaximum Leverage1:200Leverage The leverage for retail clients is 1:2-1:30, for retail clients it is 1:2-1:100, and for all other clients, it is 1:2-1:200.Trading Platform Tier1FX offers a variety of trading platforms, such as MT4-the world's most well-known foreign exchange platform, JFOREX linked to ECN-Swiss Foreign Exchange Market (SFXM) liquidity, FORTEX 6, and FIX API. Both T1FX MT4 and JForex offer mobile applications for Android, iPhone, and iPad.Trading PlatformSupported Available Devices T1FX MT4✔Android/iPhone/iPadJForex✔Android/iPhone/iPadFORTEX 6✔-FIX API✔-Deposit and Withdrawal The minimum initial deposit to open an account is 1,000 EUR or equivalent in other currencies. Bank wire deposits are processed instantly, but international transfers may take 3-5 business days to reach our bank account. Withdrawals may take up to 3-5 business days for international bank transfers and up to 10 business days for funds to reach your credit card. A fixed fee* of $20/€15/£15 applies to each withdrawal.

Rating Index

Tier1FX Account

Minimum Deposit
1,000 EUR/USD/GBP
How to login to Tier1FX?
tier1fx Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a tier1fx Account Registering for a tier1fx account is a straightforward process that allows you to access a range of trading services. Follow these detailed step

  

Tier1FX Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  Tier1FX, established in 2013, is a forex broker operating under the umbrella of Hogg Capital Investments Ltd. The company is headquartered in Malta, specifically at Nu Bis Centre, Mosta Road, Lija LJA 9012. As a private entity, Tier1FX focuses on providing a range of trading services primarily to retail and institutional clients. Over the years, it has carved a niche for itself in the competitive forex trading market, marked by significant milestones such as regulatory compliance and technological advancements.

  The broker operates on a direct market access (DMA) and straight-through processing (STP) model, which means that client orders are executed directly in the market without dealer intervention. This approach enhances transparency and ensures that traders receive the best possible prices. Tier1FX primarily serves clients interested in forex trading, offering a diverse range of currency pairs, commodities, and CFDs.

  As a brand of Hogg Capital Investments Ltd., Tier1FX has built a reputation for reliability and integrity in the financial services sector. The broker is dedicated to providing a transparent trading environment, allowing clients to engage in various trading strategies without restrictions. This commitment to client-centric services has positioned Tier1FX as a trusted broker in the industry.

  

2. Regulation and Compliance Information

  Tier1FX is regulated by the Malta Financial Services Authority (MFSA), which is the primary regulatory body for financial services in Malta. The company holds a Category II investment services license (registration number C 18954), ensuring compliance with stringent financial regulations. The MFSA mandates that licensed brokers maintain a minimum capital base of €730,000 and adhere to strict operational guidelines.

  The broker operates under the EU's Markets in Financial Instruments Directive (MiFID II), allowing it to provide services across the European Union. Client funds are held in segregated accounts at top-tier banking institutions, ensuring that they are protected even in the event of the broker's insolvency. Additionally, Tier1FX participates in the Investor Compensation Scheme, which offers compensation of up to €20,000 to eligible retail clients in case of broker failure.

  To comply with anti-money laundering (AML) and know your customer (KYC) regulations, Tier1FX has implemented robust verification processes. Clients are required to provide identification and proof of address when opening an account, ensuring that all users are verified and that the broker operates within legal frameworks.

  

3. Trading Products and Services

  Tier1FX offers a wide range of trading products, catering to various trading preferences and strategies. The broker provides access to over 60 forex currency pairs, including major, minor, and exotic pairs. In addition to forex, Tier1FX offers Contracts for Difference (CFDs) on commodities, indices, and cryptocurrencies, allowing traders to speculate on price movements without owning the underlying assets.

  The broker's product offerings include:

  • Forex: Over 60 currency pairs, including popular options like EUR/USD and GBP/USD.
  • Commodities: Trading options include gold, silver, and oil.
  • Indices: CFDs on major stock indices, such as the S&P 500 and NASDAQ.
  • Cryptocurrencies: Access to popular digital currencies like Bitcoin and Ethereum.

  Tier1FX frequently updates its product offerings to meet market demands, ensuring that clients have access to a diverse range of instruments. The broker also provides services tailored to institutional clients, including managed accounts and white-label solutions, enhancing its appeal to a broader audience.

  

4. Trading Platforms and Technology

  Tier1FX supports multiple trading platforms, including the widely acclaimed MetaTrader 4 (MT4), Jforex, and Fortex 6. Each platform is designed to cater to different trading styles and preferences, providing users with the necessary tools for efficient trading.

  

MetaTrader 4 (MT4)

  MT4 is a popular platform known for its user-friendly interface and robust features. It offers:

  • Advanced Charting: A variety of technical indicators and charting tools.
  • Automated Trading: Support for Expert Advisors (EAs) to automate trading strategies.
  • Multi-Device Access: Available on desktop, web, and mobile devices.

  

Jforex

  Designed for professional traders, Jforex provides advanced analytical tools and supports algorithmic trading. It features:

  • Deep Liquidity: Access to the Swiss Forex Marketplace (SFXM).
  • Customizable Interface: Allows traders to tailor their trading experience.

  

Fortex 6

  Fortex 6 is aimed at institutional-level trading, offering:

  • Direct Market Access: Ensures low-latency execution and access to deep liquidity.
  • Advanced Order Types: Supports various order types for sophisticated trading strategies.

  All platforms are equipped with essential trading functionalities, including real-time market data, price alerts, and risk management tools. Tier1FX also provides API access for automated trading, enabling clients to develop custom trading solutions.

  

5. Account Types and Trading Conditions

  Tier1FX offers a single live account type, ensuring simplicity and transparency in its trading conditions. The minimum deposit required to open an account is $1,000, which may be considered high for some traders, particularly beginners.

  

Standard Account Conditions

  • Minimum Deposit: $1,000 (or equivalent in EUR/GBP).
  • Leverage: Up to 1:200, depending on the asset class.
  • Spreads: Starting from 0.2 pips for major currency pairs.
  • Commission: $2.75 per lot for forex trades.

  

Demo Account

  Tier1FX provides a demo account that allows traders to practice their strategies without financial risk. The demo account is preloaded with virtual funds and is valid for 60 days, after which traders can request an extension.

  

6. Funds Management

  Tier1FX supports limited funding options, primarily bank transfers and credit/debit card deposits. The broker does not charge any fees for deposits, making it cost-effective for clients. However, a fixed withdrawal fee of $20 applies, which may be a consideration for traders who frequently withdraw small amounts.

  

Deposit Methods

  • Bank Transfer: No fees, but may take 3-5 business days for international transfers.
  • Credit/Debit Card: Instant deposits with a maximum limit per transaction.

  

Withdrawal Methods

  • Bank Transfer: Withdrawals processed within one business day, with a fixed fee of $20.
  • Credit/Debit Card: Limited to the amount deposited; profits must be withdrawn via bank transfer.

  

7. Customer Support and Educational Resources

  Tier1FX offers customer support through various channels, including live chat, email, and a ticketing system. The support team is available 24/5, ensuring that traders can receive assistance during trading hours.

  

Support Channels

  • Live Chat: Instant support for urgent inquiries.
  • Email: Support is available, but response times may vary.
  • Phone: Limited availability, primarily through email and live chat.

  

Educational Resources

  Unfortunately, Tier1FX lacks comprehensive educational resources, such as tutorials or webinars, which may be a drawback for novice traders. The broker assumes that clients have a basic understanding of trading when they open an account.

  

8. Regional Coverage and Restrictions

  Tier1FX primarily serves clients in Europe and other international markets. However, due to regulatory restrictions, the broker does not accept clients from specific countries, including the USA, Iran, North Korea, and Japan.

  

Accepted Regions

  • Europe: Broad coverage across EU member states.
  • Asia: Selected countries in Asia are accepted.

  

Restricted Countries

  • USA
  • Iran
  • North Korea
  • Japan

  In conclusion, Tier1FX is a reputable forex broker that emphasizes transparency, competitive spreads, and a range of trading products. While it may not offer the most extensive educational resources, its regulatory compliance and robust trading platforms make it a suitable choice for experienced traders looking for a reliable trading environment. Whether you are a retail trader or an institutional client, Tier1FX provides a versatile platform to meet your trading needs.

Tier1FX Similar Brokers

Regulated
CHIEF
Having a license
7.19
Score
Regulated
Shin
Having a license
7.98
Score
Regulated
Allianz
Allianz Forex Broker - Complete Information Guide   1. Broker Overview   Allianz
7.04
Score
Regulated
GMI
GMI Forex Broker - Complete Information Guide   1. Broker Overview   Global Mark
7.50
Score
Regulated
AB
AB Forex Broker - Complete Information Guide   1. Broker Overview   AB Forex, es
7.21
Score
Regulated
XM
Having a license
9.10
Score
Regulated
OANDA
Having a license
8.50
Score
Regulated
Akatsuki
Having a license
7.98
Score
Regulated
TG
Having a license
7.21
Score
Revoked
IB
No license plate
8.20
Score
Regulated
AXEL
Axel Forex Broker - Complete Information Guide   1. Broker Overview   Axel Priva
8.34
Score
Regulated
Invesco
Invesco Forex Broker - Complete Information Guide   1. Broker Overview   Invesco
7.75
Score
Regulated
eToro
Having a license
7.81
Score
Regulated
Deutsche Bank
7.15
Score
Regulated
WESTERN
Western Forex Broker - Complete Information Guide   1. Broker Overview   Western
7.88
Score
Regulated
HL
Having a license
6.90
Score
Offshore Regulated
FBS
Having a license
8.79
Score
Regulated
Vantage
Having a license
8.66
Score
Regulated
Trading
Trading Brokers - Comprehensive Information Guide   1. Broker Overview   Company
7.23
Score
Regulated
IMC
Having a license
7.16
Score
Regulated
Kingston
Having a license
7.59
Score
Regulated
TCS
Having a license
7.19
Score
Regulated
AIMS
Having a license
8.58
Score
Regulated
BNY Mellon
Having a license
7.11
Score
Regulated
MONEX
Having a license
7.98
Score
Regulated
BANDS
Having a license
7.02
Score
Regulated
Forthright
Having a license
7.02
Score
Regulated
HFM
Having a license
7.82
Score
Unsubscribed
ALB
ALB Forex Broker - Complete Information Guide   1. Broker Overview   ALB Limited
7.77
Score
Regulated
AXA
AXA Forex Broker - Complete Information Guide   1. Broker Overview   AXA, offici
7.21
Score
Offshore Regulated
Tradu
Having a license
7.52
Score
Regulated
MCP
MCP Forex Broker - Comprehensive Information Guide   1. Broker Overview   MCP, o
7.98
Score
Unverified
Deriv
No license plate
6.71
Score
Regulated
MTF
Having a license
7.71
Score
Regulated
Surya
Having a license
5.75
Score

Latest Reviews

FX1456945040

FX1456945040

Hong Kong

I am a T1 user with an account number of 19460 and an account amount of 25029.87 US dollars. The email address I used in the early stage is no longer available. Now the agent is out of contact and I want to withdraw funds. Please tell me who to contact for the withdrawal. No one has contacted me so far. .

Exposure

2023-04-16

耿挺

耿挺

Peru

In fact, I am using this platform myself and I think it is good. But when my friends ask me if there is a suitable platform to recommend, I usually don't recommend this one because it requires a minimum deposit of $1,000. I am more inclined to recommend companies with a minimum deposit of just $50 to newbies.

37130

2022-11-24

承远-外汇理财 信用融资

承远-外汇理财 信用融资

Hong Kong

Minimum deposit is too high, which is not suitable for newbies. And the account type you can choose is only one..but the good to mention is that Tier1FX offers live spreads which look good and the fees are transparent.

37130

2022-11-17

Tier1FX Forex Broker has an overall rating of 8.15, Regulatory Index 7.15, License Index 7.15, Business Index 9.74, Software Index 9.32 Risk Control Index 9.96.