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TFI Markets Review

  • Regulated by: CySEC, AMF, BaFIN
  • Safety: segregates client funds
  • Trust Rating: B
Open TFI Markets's Website

Losses can exceed deposits. Your capital is at risk.

TFI Markets one way: Forex.

To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, TFI Markets offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by CySEC (Licence: 117/10 ). TFI Markets puts all client funds in a segregated bank account and uses tier-1 banks for this. TFI Markets have been established since 1999, and have a head office in Cyprus.

Before we dive into some of the more detailed aspects of TFI Markets’s spreads, fees, platforms and trading features, you may want to open TFI Markets‘s website in a new tab by clicking the button below in order to see the latest information directly from TFI Markets.

Open a demo account Visit TFI Markets

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
Your capital is at risk.

TFI Markets screenshot

PROS

  • Segeregates client funds
  • Established in 1999
  • Regulated by CySEC, AMF, BaFIN
  • Min. deposit from $1

CONS

What are TFI Markets's spreads & fees?

Like most brokers, TFI Markets take a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum fixed spreads listed on TFI Markets’s website. The colour bars show how competitive TFI Markets’s spreads are in comparison to other popular brokers featured on BrokerNotes.

TFI Markets variable spread is not available. If you believe this is incorrect please fill in our form

Speads are dynamic and are for informational purposes only. Last updated: June 06, 2018.

As you can see, TFI Markets's minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.82 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with TFI Markets vs. similar brokers.

See all Spreads Your capital is at risk.

How much does TFI Markets charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with TFI Markets at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $0. Here’s a rough breakdown of the fees and how this compares against Plus500 & AvaTrade.

TFI Markets Plus500 AvaTrade
Spread from: $0.00 $6.00 $7.00
Typical overnight fee: $0.00 $9.40 $5.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $0 $15.4 $12
$15.40 more $12.00 more
Visit TFI Markets Visit Plus500 Visit AvaTrade

Your capital is at risk. All fees/prices are for informational purposes and are subject to change. Last updated: 09/03/2018.

General Fees

  • TFI Markets does charge inactivity fees
  • TFI Markets withdrawal fees varies on payment method

Commissions

  • TFI Markets doesn’t charge commission on CFD shares

What can you trade with TFI Markets?

FX / Currencies TFI Markets Plus500 AvaTrade
# of forex pairs offered 61 59
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs TFI Markets Plus500 AvaTrade
# of commodities offered 17 16
Metals Yes Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs TFI Markets Plus500 AvaTrade
# of Stocks offered 1816 99
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
See TFI Markets's Instruments See Plus500's Instruments See AvaTrade's Instruments
Your capital is at risk.

What’s the TFI Markets trading experience like?

1) Platforms and apps

TFI Markets offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. TFI Markets also offer their custom TFIFX Trading Platform platform.

TFI Markets Screenshot See TFI Markets's Platforms

TFI Markets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See TFI Markets's platforms Your capital is at risk.

Trading Features:

  • Allows scalping
  • Allows hedging

Accounts offered:

  • Demo account
  • Mini account
  • Standard account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

TFI Markets allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. TFI Markets allow you to execute a maxium trade of 200 Lot.

As a market maker TFI Markets may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, TFI Markets offer margin up to on currencies.

Finally, we’ve listed some of the popular funding methods that TFI Markets offers its traders on the right.

Funding methods:

  • Bank Transfer

3) Client support

TFI Markets support a limited number including

TFI Markets have a BrokerNotes triple AAA support rating because they offer a wide range of languages, live chat, phone and email support.

4) What you’ll need to open an account with TFI Markets

As TFI Markets is regulated by CySEC, AMF, BaFIN, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore TFI Markets’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with TFI Markets you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.tfimarkets.com on March 21, 2018.