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TigerWit Forex broker specializes in providing foreign exchange trading services, the company's official website https://global.tiger..., the company's legitimate regulatory information BahamasSCBDerivatives Trading License (MM) to enhance the security of the company's address

TigerWit Forex Broker

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TigerWit

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General Information & Regulation TigerWit claims that it is a UK-registered broker, offering financial instruments such as currencies, commodities and more through the leading MT4 trading platform. However, TigerWit does not hold any license to authorize its financial operation. Market Instruments As for instruments tradable, TigerWit offers a wide range of currencies, commodities, cryptocurrencies and equity CFDs through its proprietary app. Minimum Deposit TigerWit offers a demo account on which to practice trading with virtual funds and a live account on which to trade with real funds. However, TigerWit does not disclose its minimum deposit requirement. Inactivity Fee For clients who have registered for more than three months and have not successfully traded or deposited in the past three months, the platform will automatically charge a $10 inactivity fee at 20:00 (GMT+8) on the last day of each month. Minimum Trade Size The minimum order size for forex, crude oil and precious metals products is 0.01 lot, 0.1 lot for natural gas and CFD stocks index, 0.2 lot for crypto currecncy, 1 lot for stock products. Leverage Trading leverage vary depending on particular instruments. For FX and precious metals, TigerWit provides customers with three kinds of leverage at the same time: 100:1, 200:1, 400:1.For crude oil and natural gas, it provides two types of leverage: 50:1, 200:1. And for CFD stock index CFDs, this broker provides two types of leverage: 100:1, 200:1. Spreads & Commissions TigerWit advertises that it offers a commission –free environment-only spreads and its forex pairs spreads are variable and from 0.6 pips, which sounds too good to be true. Trading Platform Available When it comes to trading platform available, TigerWit provide its traders the leading MT4 platform, available in PC, Desktop, as well as some mobile devices. Deposit & Withdrawal The minimum deposit is 50 USD. Traders can fund their account through telegraphic transfer or Neteller, and you can also make deposit via Paysec in the “Deposit” section of the website. TigerWit says that it processes withdrawal request and expect Neteller and Paysec funds to be returned within 3 working days, and telegraphic transfers may take up five days. Customer Support The TigerWit customer support team can be reached through email: clientsupport@tigerwit.com, as well as online chat. Besides, traders can also follow this brokers on Facebook.
How to login to TigerWit?

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Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
TigerWit Limited.
Abbreviation
TigerWit
Company employee
--
Customer Service Email Address
customerservice@tigerwit.com
Contact Number
+4402036379705
How to login to TigerWit?
Tigerwit Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Tigerwit Account Registering for a Tigerwit account is the first step to accessing a world of trading possibilities. Follow these detailed steps to successfully create your account: Accessing the Registration Page: Start by visiting the official Tigerwit website or downloading the Tigerwit app from your device's app store. Look for the "Sign Up" or "Register" button prominently displayed on the homepage. Filling in Required Information: You will be prompted to enter your email address and create a strong password. Ensure your password meets the platform's security requirements, which typically include a combination of letters, numbers, and special characters. Email/Phone Verification: After submitting your information, you will receive a verification email or SMS. Click the verification link or enter the code provided to confirm your email address or phone number. Identity Verification (if required): Depending on your region and the type of account you wish to open, you may need to provide identification. This can include a copy of your passport, national ID card, or driver's license, as well as a utility bill or bank statement to confirm your address. Registration Confirmation: Once your information is verified, you will receive a confirmation message indicating that your Tigerwit registration is successful. You can now log in to your account. Common Registration Issues and Solutions Not Receiving Verification Email: If you do not receive the verification email, check your spam or junk folder. Ensure that you entered the correct email address during registration. Identity Verification Delays: Sometimes, the identity verification process can take longer than expected. If you haven't received confirmation, contact Tigerwit support for assistance. Regional Differences in Registration Registration processes may vary slightly based on your geographical location. For example, users in certain regions may face additional verification requirements due to local regulations. Always check the specific guidelines for your country on the Tigerwit website. Part Two: Tigerwit Account Opening Detailed Guide Understanding Account Registration vs. Account Opening After completing the Tigerwit registration process, you will need to open an account to start trading. While registration creates your user profile, account opening involves selecting the type of trading account that suits your needs. Preparation Work Before Account Opening Before opening an account, ensure you have the necessary documentation ready. This typically includes: A valid form of identification (passport, national ID, or drivers license). Proof of address (utility bill or bank statement). Any additional documents as required by local regulations. Detailed Account Opening Steps Selecting Account Type: Tigerwit offers various account types, including live accounts, demo accounts, copy trading accounts, and professional accounts. Choose the one that aligns with your trading strategy. Submitting Required Documents: Upload the necessary documents for verification. This may include your identification and proof of address. Ensure all documents are clear and legible. Account Review Process: Once you submit your documents, Tigerwit will review them. This process typically takes a few minutes, but it can vary based on the volume of applications. Account Activation: After approval, you will receive a notification confirming your account activation. You can now fund your account to begin trading. Initial Setup: Log in to your Tigerwit account, navigate to the account settings, and customize your preferences. This includes setting up your trading platform (e.g., MT4) and configuring your trading strategies. Frequently Asked Questions About Account Opening How long does it take to open an account? Demo accounts are usually activated immediately, while live accounts may take a few minutes to a few hours, depending on verification. What documents do I need? A government-issued ID and proof of address are typically required. Additional documents may be requested based on regulations. Next Steps After Opening an Account Once your Tigerwit account is open, consider funding your account and exploring educational resources provided by Tigerwit. Engage with the platform to understand its features better, and if you're new to trading, consider starting with a demo account. Part Three: Tigerwit Login Process Explained Basic Web Login Process Logging into your Tigerwit account is straightforward. Follow these steps: Visit the Tigerwit Website: Go to the official Tigerwit homepage. Click on the Login Button: Find the "Login" button, usually located at the top right corner of the page. Enter Your Credentials: Input your registered email address and password in the provided fields. Two-Factor Authentication (if enabled): If you have enabled two-factor authentication, enter the verification code sent to your mobile device or email. Click on the Login Button: After entering your credentials and any required verification codes, click "Login" to access your account. Mobile App Login Process For mobile users, the login process is similar: Open the Tigerwit app. Tap on "Login." Enter your credentials and any two-factor authentication codes if applicable. Other Login Methods Tigerwit may also offer third-party login options, such as Google or Facebook. If available, simply select the respective icon and follow the prompts to log in. 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 email. Account Lockout: If you enter incorrect credentials multiple times, your account may be temporarily locked. Wait for a few minutes and try logging in again or contact support for assistance. Technical Issues: If you experience technical difficulties, ensure your browser or app is updated. Clear your cache and cookies, or try accessing your account from a different device. Overview of Features After Login Once logged in, you can access various features, including trading tools, account settings, and educational resources. Explore the platform to familiarize yourself with its functionalities. Additional Sections Account Security Recommendations Use Strong Passwords: Create complex passwords and change them regularly. Enable Two-Factor Authentication: This adds an extra layer of security to your account. Monitor Your Account Activity: Regularly check for unauthorized transactions. Best Practices for Account Management Keep Your Information Updated: Ensure your contact and personal information are current to avoid issues with verification. Regularly Review Account Statements: Check your trading history and account balances frequently. How to Get Technical Support If you encounter issues or have questions, reach out to Tigerwits customer support through their website or app. They typically offer support via live chat, email, or phone. By following this comprehensive guide, you can navigate the processes of registration, account opening, and login on the Tigerwit platform with ease. Whether you are a new trader or looking to enhance your trading experience, understanding these processes is crucial for your success on the platform.

Tigerwit Forex Broker - Complete Information Guide

1. Broker Overview

Tigerwit, officially known as Tigerwit Limited, was founded in 2015. The company is headquartered in London, United Kingdom, with additional offices in Beijing and Shanghai. As a private entity, it operates under various regulatory frameworks, aiming to serve a diverse clientele primarily across Africa, Europe, and Asia.

Over the years, Tigerwit has made significant strides in the financial technology sector, establishing itself as a prominent player in the forex and CFD trading markets. It has garnered recognition, including awards for being the Most Transparent Forex Broker in Africa and the Best Forex Fintech Broker in Asia at the Global Forex Awards 2020. The companys business model focuses on retail forex trading and the provision of services for institutional clients, leveraging advanced technology to enhance the trading experience.

Tigerwit operates as a holding company comprising four STP brokers, emphasizing its commitment to transparency and integrity in trading. The broker specializes in Contracts for Difference (CFDs), providing access to a wide range of trading instruments and markets.

2. Regulatory and Compliance Information

Tigerwit is regulated by several reputable international authorities, including:

  • Financial Conduct Authority (FCA), UK - License Number: 679941
  • Securities Commission of the Bahamas (SCB) - License Number: SIA-F 185
  • Securities and Futures Commission (SFC), Hong Kong (previously held)

The regulatory licenses ensure that Tigerwit adheres to strict guidelines regarding client fund protection and operational transparency. The company is committed to maintaining client funds in segregated accounts, separate from its operational funds, thereby enhancing security for its clients.

In addition, Tigerwit participates in the Financial Services Compensation Scheme (FSCS), which provides clients with compensation of up to £50,000 should the company encounter financial difficulties. The broker implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, ensuring compliance with international standards and safeguarding against illicit activities.

3. Trading Products and Services

Tigerwit offers a diverse range of trading products, primarily focusing on:

  • Forex: Over 60 currency pairs, including major, minor, and exotic pairs.
  • CFDs: Contracts on various assets, including indices, commodities, precious metals, and select cryptocurrencies.
  • Special Products: The broker provides unique trading opportunities, particularly in the CFD market, appealing to both retail and institutional clients.

The company continuously updates its product offerings to meet the evolving needs of traders, ensuring that clients have access to the latest market instruments. Retail trading services are complemented by institutional services, including white-label solutions and asset management for qualified clients.

4. Trading Platforms and Technology

Tigerwit supports the widely recognized MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and comprehensive trading tools. The platform provides:

  • Web-based Trading: Accessible from any browser, allowing for seamless trading without the need for downloads.
  • Mobile Applications: Available for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.
  • Execution Model: Tigerwit operates under a Straight Through Processing (STP) model, ensuring that trades are executed quickly and efficiently.

The broker emphasizes technological innovation, utilizing blockchain technology to enhance transparency and security in trading activities. This infrastructure supports automated trading via Expert Advisors (EAs), catering to various trading strategies and preferences.

5. Account Types and Trading Conditions

Tigerwit offers a straightforward account structure with the following key features:

  • Standard Account: Minimum deposit of $50 with competitive spreads starting from 0.6 pips on major currency pairs. The account typically operates on a commission-free basis.
  • Advanced Account Types: For professional traders, Tigerwit provides options that may include higher leverage and tailored trading conditions, although specific details on these accounts are less frequently disclosed.
  • Islamic Accounts: Available for clients adhering to Sharia law, ensuring compliance with Islamic finance principles.
  • Demo Account: A risk-free option for beginners to practice trading without financial exposure.

Leverage options vary, with a maximum of 1:200 for most accounts, allowing traders to manage their capital effectively while maximizing potential returns.

6. Fund Management

Tigerwit supports various deposit and withdrawal methods, including:

  • Deposit Methods: Bank transfers, credit/debit cards, and e-wallets such as Skrill and Neteller.
  • Minimum Deposit: The minimum requirement for opening an account is $50.
  • Deposit Processing Time: Typically processed instantly, ensuring that traders can start trading without delay.
  • Withdrawal Methods: Similar to deposit options, including bank transfers and e-wallets.
  • Withdrawal Processing Time: Generally takes up to 24 hours, although this may vary based on the method used.
  • Withdrawal Fees: The first four withdrawals each month are free, after which a fee of $1 is charged for subsequent withdrawals.

7. Customer Support and Educational Resources

Tigerwit provides customer support through multiple channels, including:

  • Support Channels: Email, phone support, and social media platforms.
  • Service Hours: Available 24/5, accommodating traders across different time zones.
  • Multilingual Support: The broker offers assistance in various languages, including English, Spanish, German, Chinese, and Arabic.

In terms of educational resources, Tigerwit offers limited materials, primarily through its YouTube channel, which includes tutorials and market updates. However, the lack of a comprehensive educational platform may be a drawback for new traders seeking in-depth learning resources.

8. Regional Coverage and Restrictions

Tigerwit operates in over 60 countries, primarily targeting markets in Europe, Asia, and Africa. However, it does not accept clients from certain regions, including:

  • United States
  • Canada
  • Japan
  • Any other jurisdictions where CFD trading is prohibited.

The broker's regional offices help cater to the diverse needs of its global clientele, ensuring compliance with local regulations while providing tailored services.

In summary, Tigerwit is a broker that offers a range of trading products and services, supported by a reputable regulatory framework. While it has made strides in the market, potential clients should carefully consider the available resources and support before engaging with the platform.

Latest Reviews

Kyle Loh

Kyle Loh

Malaysia

The customer service disappeared. Forced liquidation.

Exposure

2021-09-20

TigerWit Forex Broker has an overall rating of 1.52, Regulatory Index 0.00, License Index 0.00, Business Index 7.09, Software Index 4.00 Risk Control Index 0.00.