TFIFX Review Summary
Founded	2006
Registered Country/Region	Cyprus
Regulation	CySEC (License No. 117/10)
Market Instruments	Forex (Major and Commodity Pairs)
Demo Account	/
Leverage	/
Spread	3-5 pips for major pairs
Trading Platform	MetaTrader 4 (MT4)
Min Deposit	/
Customer Support	Phone: 80 000 100
Customer Support	Email: support@tfimarkets.com

TFIFX 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 Cons

Pros	Cons
Regulated by CySEC	Limited tradable instruments
Low spreads on major currency pairs	No Islamic or demo accounts mentioned
Advanced MT4 trading platform	Inactivity fee for dormant accounts

Is 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 Fees

Non-trading Fees
Deposit Fee	Free (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 Fee	USD 30 per year (charged for dormant accounts)

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
MetaTrader 4 (MT4)	✔	iOS, Android, Windows, Mac	Traders seeking advanced charting, technical analysis, and automated trading tools

Deposit 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. Deposit	Fees	Processing Time
Bank Wire Transfer	Not Mentioned	Intermediary bank fees may apply	1-3 Business Days

　　Withdrawal Options

Withdrawal Options	Min. Withdrawal	Fees	Processing Time
Bank Wire Transfer	Not Specified	- SEPA: 0.15% (min 5 EUR, max 10 EUR)	1-3 Business Days
		- SWIFT: 25 EUR / 30 USD or equivalent

TFIFX Broker Review

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