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Tifia foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://social.tifia.com/en/registration, about the company's legal and temporary regulatory information, the company's address Silicon Avenue, 40 Cybercity 2nd Floor, Suite 207, The Catalyst, 40 Cybercity 72201 Ebene, Mauritius.

Tifia Forex Broker

Basic information

Registered region
Vanuatu
Operating period
--
Company Name
Tifia Markets Limited
Abbreviation
Tifia
Company employee
--
Customer Service Email Address
support@tifia.com
Company website
Company address
Silicon Avenue, 40 Cybercity 2nd Floor, Suite 207, The Catalyst, 40 Cybercity 72201 Ebene, Mauritius
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Vanuatu Retail Forex License Revoked
High potential risk

Company profile

  General Information & Regulation

  Founded in 2014, the broker is headquartered in the Republic of Vanuatu but has offices in Thailand, Spain, Indonesia and Nigeria. Tifia is owned and operated by Tifia Markets Limited Group of Сompanies, which includes: Tifia Markets Limited, registered as Global Business Corporation and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius as Investment Dealer (Full Service Dealer, excluding underwriting) with license number No. GB19024824. Registered company address: C/o Credentia International Management Lspan, Silicon Avenue, 40 Cybercity 2nd Floor, Suite 207, The Catalyst, 40 Cybercity 72201 Ebene, Mauritius; Tifia Markets Limited is licensed as a “Dealer in Securities”(regisspanation number 40209) by the “Ministry of Finance and Economic Management”and regulated in accordance with the “Dealers in Securities (Licensing) Act [CAP.70]”of the Republic of Vanuatu. Registered company address: Govant Building, BP 1276 Port Vila, The Republic of Vanuatu. Tifia Markets Limited does not provide service to the citizens (residents) of the United States of America, Canada, Israel, Belgium, Japan, Mauritius and the Republic of Vanuatu.

  Tifia Market Instruments

  Tifia's traders have access to the following trading assets: Сurrencies (majors, minors, including the most popular exotic currencies), metals (gold, silver, and other metals), Stock Indices (the major world market indices), crude Oil (US Crude and UK Brent).

  Tifia Minimum Deposit

  Tifia offers thrre trading accounts in total: the Start, the ECN Classic and the ECN Pro accounts. The minimum deposit to open a start account is as low as $10, which is affordable for most traders. The ECN Classic account requires an initial deposit of $100, while the ECN Pro account requires a relatively high deposit of up to $500.

  Tifia Leverage

  In respect to trading leverage, the maximum leverage level offered by Tifia is up to 1:1000, which is considered way too high. Inexperienced traders should not use such high leverage level in case of heavy fund losses.

  Spreads & Commissions

  The spread for Micro accounts is 2.6 pips for EURUSD, 2.7 pips for GBPUSD, 4.1 pips for Gold, and 7.3 pips for Silver, with no commission. The minimum spread for the ECN Pro account is 0 pips for EURUSD, 0.1 pips for GBPUSD, 0.9 pips for USOil, 0.8 pips for UKOil, 0.2 pips for Gold, and 2.9 pips for Silver, and the commission is $8 per lot.

   Trading Platforms

  Tifia Provides both MT4 & MT5 tradding platforms for its investors. MT4 trading platform is the most popular trading and analysis platform on the Forex market, with high efficiency and reliability, full functionality, an intuitive and easy-to-use interface, supporting automated trading. Users are free to download MT4 for Windows, MT4 for Android, MT4 for MAC, and MT4 for iPhone/iPad to trade. MT5 trading platform is also a powerful, advanced and versatile Forex trading platform that allows traders to trade with any of the tools offered by Tifia brokers, perform comprehensive fundamental and technical analysis, and monitor financial assets. TIFIA clients can download the MT5 trading terminal to their computers or install MT5 for Android and iOS.

  Tifia Trading Tools

  Apart from trading platforms, Tifia also provides some trading tools to help traders smooth their trading process. Trading tools available on the Tifia platform include virtual private server (VPS), Social Trading, Economic Calendar, Financial Market & Analysis (Market Review, Technical Analysis, Fundamental Analysis), Claws & Horns Analysis, Forex Calculator.

  Tifia Deposit & Withdrawal

  TIFIA accepts traders to fund their accounts through payment methods including wire transfer, VISA/MASTERCARD, Skrill, Perfect Money, FasaPay, NETELLER, local deposits, bitcoin transfers, deposits without paying any commission. Traders need to pay a minimum fee of $35/€30 for withdrawals via wire transfer, $4/€ for VISA/MASTERCARD withdrawals, 1% for Skrill withdrawals, 2% for NETELLER withdrawals, and 0.50% for Perfect Money withdrawals, 0.50% for withdrawals via FasaPay. Tifia reimburses the commission for withdrawals made via the Local payment method.

  Customer Support

  Tifia chat support attendants are available 24/5 whilst the client support desk works from 9am to 6pm; Mondays to Fridays. Each support representative location has its own channels of communication. Generally, email and a Facebook page are available for each of the official representatives in Thailand, Indonesia, Spain and Nigeria. The Indonesian and Nigerian offices also have additional options of WhatsApp, Skype and phone support.

Rating Index

ECN PRO

Minimum Deposit
$500

ECN CLASSIC

Minimum Deposit
$100

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Latest Reviews

FX3547936470

FX3547936470

United Kingdom

It is a problem to withdraw from my account. I made several attempts to make a withdrawal but all was fruitless, after putting in so much money they turned into a whole different company they were not as warming as they were before i made deposit after a few weeks they stopped responding to my mails

Exposure

2022-07-15

JJ9809

JJ9809

Philippines

Please help philippine clients unable to withdraw on website, country manager unable to help customers no fund so many problems delay on refund.

Exposure

2022-07-15

FX4223519069

FX4223519069

Vietnam

On May 27, 2022, the exchange announced to stop providing services on May 30, 2022 and asked customers to withdraw money and it will be processed before June 30, 2022. I have made a withdrawal order and waiting so far has not been processed by the exchange, I emailed the exchange and they responded to continue to wait, my withdrawal order was made on May 24, 2022 before when receiving the notice to stop providing the service but still not processed.

Exposure

2022-06-11

Tifia Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.40, Software Index 4.00 Risk Control Index 0.00.