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Forex Broker Review – Cyprus Based Forex Broker

Broker Review of forex trading broker is based in the Cyprus. Below is a list of the most common questions about that traders ask about this broker.


TFIFX is owned by TFI Markets Ltd.

Forex Broker reviews -



Where is forex broker based

TFIFX is based in Cyprus, its address is:


178 Athalassas Avenue,

Irene Tower,

2025 Nicosia,



Is a licensed and regulated Forex broker

Details of the license, registration and regulation of this FX broker can be found on the broker’s website.


TFIFX is regulated by the Cyprus Securities and Exchange Commission, CySEC, License Number 117/10.


What is the execution method of

STP, Straight Through Processing instant execution, of forex orders with no-requotes execution



Financial Instruments provided for trading by





What are the forex account types of

Forex broker

  • Premium FX Account
  • Power FX Account


Does have Islamic Forex Trading Accounts

TFIFX does not provide swap free Islamic Accounts


What are the terms for demo accounts for

Unlimited time forex demo trading practice account for Premium demo account and Power demo account, is provided for practice forex trading


How is the withdraw and deposit process of

Bank wire, Credit card and debit card money transfer methods are provided for deposit and withdraw of funds


No fees is charged for deposits

Bank wire withdraw fees - $30


What is the minimum account opening capital for



$50 dollars is the minimum account opening deposit


  • Premium FX Account - $500
  • Power FX Account - $50


Does give an account opening deposit bonus

TFIFX gives a 50% account opening deposit bonus


What is the security and reliability of

What is the broker rating for security and reliability


TFIFX is regulated by the Cyprus Securities and Exchange Commission and has a good rating for security and reliability of deposited funds.


TFIFX is a member of Cyprus Investor Compensation Fund that guarantees client deposits up to a maximum of Euros 20,000.

TFIFX also keeps clients’ deposits in segregated bank accounts with Tier1 Investment Grade Bank accounts.


Does accept forex scalping

TFIFX allows forex scalping trading


Does give free forex education to traders

This broker provides learn currency trading education for forex trading online.


TFIFX provides a learn forex trading section where new forex traders can learn forex trading from the forex trading introduction tutorials, learn forex trading webinars, Forex FAQs and learn forex trading videos.


Traders can also learn how to trade forex from the forex trading strategies lessons, forex technical analysis lessons, Fundamental analysis topics and other charting patterns and tutorials covered on the learn forex education section.


What are the trading platforms of forex broker


Android Trader

iPhone Trader

Mobile Trader


Is a MetaTrader 4 Forex broker provides MetaTrader 4 software which is the best platform according to reviews.


The platform MetaTrader 4 can be downloaded form the forex brokers’ website


Does allow automated forex trading

The broker automated trading policy on automated trading is:


TFIFX allows Expert Advisors automated trading on their MetaTrader 4 platform.


What are broker website information sections

The website information sections are:


Forex Trading Accounts Section: where traders will find information about forex accounts such as demo practice account and live forex accounts provided by this Currency broker. Traders wanting to start trading can open an account from this section.


Contact Section: there is a section of contacts for this fx broker, where a trader can contact this forex broker.


Platforms Section: this section provides platforms where a trader can choose one for tradng.


Indices and Metals trading section: for information about trading of Indices and metals and the specification of trading these financial instruments.

FX tools section: for forex calculators and currency converters

Economic calendar section for economic news and market updates, daily forex news and market outlook

Technical analysis section: for indicators and technical analysis of the market using these technical indicators.



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Up To $5K Bonus - Limited Time Bonus

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