TFI Markets Review 2020

TFI Markets Rated 3/5
learn more Learn more about eToro. 75% of retail investor accounts lose money when trading CFDs with this provider.
TFI Markets Screenshot

TFI Markets Guide

TFI Markets are an online broker founded in 1999 offering Forex trading.

TFI Markets are a global broker and have a head office in Cyprus.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of TFI Markets we break down the pros and cons. What TFI Markets are able to offer, what countries TFI Markets are available in. Who TFI Markets are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with TFI Markets

Open TFI Markets's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to TFI Markets

With this review we hope to help you see if TFI Markets is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding TFI Markets that will help you get off to a good start in the world of online trading.

TFI Markets Review Table of Contents

TFI Markets what you should know

TFI Markets offer one way to trade: Forex.

With TFI Markets you will need a minimum deposit of $1. You can sign up for a demo account to acquaint yourself with TFI Markets platform.

TFI Markets are able to accommodate various levels of traders whether you are experienced or a beginner.


Are TFI Markets safe?

When choosing a broker like TFI Markets the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 1999, and in operation for 21 years TFI Markets have a head office in Cyprus.

TFI Markets is regulated. This means TFI Markets are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC), Netherlands Authority for the Financial Markets (AFM), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to TFI Markets, this will be honored. If TFI Markets violate any regulatory rules their regulated status could be stripped.

Any payments funded to TFI Markets accounts by traders are held in a segregated bank account.

For added security TFI Markets use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with TFI Markets. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit TFI Markets

Losses can exceed deposits

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

Broker TFI Markets eToro IC Markets FP Markets
Year Established 1999 2006 2007 2005
Head Office Cyprus Cyprus, UK Australia Australia
Regulation Cyprus Securities and Exchange Commission (CySEC), Netherlands Authority for the Financial Markets (AFM), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ 12,000,000+ 60,000+ 10,000+
Negative balance protection No No Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit TFI Markets Visit eToro Visit IC Markets Visit FP Markets
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits Losses can exceed deposits

TFI Markets Pros and Cons

What we like about TFI Markets

  • Used by over 10,000 traders
  • Established in 1999
  • Regulated by Cyprus Securities and Exchange Commission (CySEC), Netherlands Authority for the Financial Markets (AFM), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
  • Min. deposit from $1

What we don't like about TFI Markets

TFI Markets Financial Regulation and Supervision in more detail

We have checked and TFI Markets is regulated and supervised by reputable organisations. You are able to check every TFI Markets supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with TFI Markets. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect TFI Markets traders and provide a safe trading environment.

TFI Markets is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as TFI Markets you should be sure they're legitimate online agent.

TFI Markets General Fees

  • TFI Markets withdrawal fees varies on payment method
  • TFI Markets does charge inactivity fees
  • TFI Markets does charge deposit fees
Broker TFI Markets eToro IC Markets FP Markets
Min Deposit 1 200 200 100
Withdrawal Fees Varies Yes No No
Inactivity Fees Yes Yes No No
Deposit Fees Varies No Varies Yes
CFD Commission Fees No No Yes Yes

TFI Markets Commissions

  • TFI Markets doesn't charge commission on CFD instruments.

What can you trade with TFI Markets?

Be aware that Different entities under TFI Markets Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with TFI Markets over 100 instruments infact.

If you are looking at trading currency pairs TFI Markets offer over 15 currency pairs.

Compare TFI Markets with eToro and IC Markets below.

Losses can exceed deposits

Broker TFI Markets eToro IC Markets FP Markets
Instruments Available 100 100 232 100
Platforms MT4, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps
FX / Currencies Visit TFI Markets Visit eToro Visit IC Markets Visit FP Markets
Forex pairs offered 15 50 65 60
Major forex pairs Yes Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit TFI Markets Visit eToro Visit IC Markets Visit FP Markets
Commodities Offered 0 0 19 18
Metals Yes Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs Visit TFI Markets Visit eToro Visit IC Markets Visit FP Markets
Stocks Offered 957 100 10000
UK Shares No Yes No Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes

Trading on TFI Markets web platforms and other applications

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 mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

See TFI Markets's platforms

TFI Markets Trading benefits :

  • Allows scalping
  • Allows hedging
  • Low min deposit

TFI Markets Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account

Can I try TFI Markets before I buy?

TFI Markets offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

TFI Markets withdrawal and funding methods.

Please note that the list of payment methods below depend on the TFI Markets Entity and the Clients Country of Residence.

TFI Markets offer the below funding payment methods. learn more about TFI Markets

  • Bank Transfer
Broker TFI Markets eToro IC Markets FP Markets
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes No
Neteller No Yes Yes Yes

How can I start trading with TFI Markets?

When opening a trading account with TFI Markets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on TFI Markets trading platforms here.

Performing trades with TFI Markets

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 instruments.

Limit Risk When Trading with TFI Markets Stop Loss, TFI Markets Stop Limit Orders

A stop-loss order is an order placed with a broker like TFI Markets to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at TFI Markets

To trade effectively with TFI Markets, it's important to get a have a good understanding of the TFI Markets trading tools and the markets.

TFI Markets offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with TFI Markets.

Take time to look around the TFI Markets platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at TFI Markets

TFI Markets support a limited number including

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

TFI Markets customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Livechat Support at TFI Markets

TFI Markets does not offer LiveChat Support.

Email Support at TFI Markets

We sent several emails to TFI Markets and answer times overall were excellent. The fastest response from TFI Markets was less than 2 minutes and the slowest response was 3 hours. Support response times may vary for you with TFI Markets, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from TFI Markets.

Phone Support at TFI Markets

We called TFI Markets and the call was answered very quickly. The call was answered in less than 1 minutes.

The TFI Markets phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual TFI Markets team by calling in varying languages. TFI Markets made an effort to make sure our queries were answered.

Overall great phone support from TFI Markets.

See how TFI Markets Support Compares Against Other Brokers

Broker TFI Markets eToro IC Markets FP Markets
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, German, Spanish, French, and Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese
Learn More Visit TFI Markets Visit eToro Visit IC Markets Visit FP Markets
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits Losses can exceed deposits

What you will need to open an account with TFI Markets

As TFI Markets is regulated by Cyprus Securities and Exchange Commission (CySEC), Netherlands Authority for the Financial Markets (AFM), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (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:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under TFI Markets Brand may be different.

  • 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 3 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 12th August 2018.

Is TFI Markets A Good Broker?

We spent over 3 months examining TFI Markets in depth. Although we found some very useful aspects of the TFI Markets platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative TFI Markets broker.

  • TFI Markets have a good track record of offering Forex.
  • TFI Markets has a history of over 21 years.
  • TFI Markets has a reasonable sized customer support of at least 10.
  • TFI Markets are regulated by Cyprus Securities and Exchange Commission (CySEC), Netherlands Authority for the Financial Markets (AFM), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). This means TFI Markets fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • TFI Markets have regulation from a Tier 1 reputable country.
  • TFI Markets has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • TFI Markets have an international presence in multiple countries. This includes local TFI Markets seminars and training.
  • TFI Markets are able to hire people from various locations in the world who can better communicate in your local language.

TFI Markets Risk Disclaimer

Losses can exceed deposits

TFI Markets not quite right?

Check out these TFI Markets Alternatives

We have spent years researching the best alternatives to TFI Markets. Click the links below to learn more.

If you feel some of the above TFI Markets are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of TFI Markets alternatives below.

Related TFI Markets Comparisons

If you would like to see how TFI Markets stands up against other brokers you can read some of our TFI Markets comparisons below. We compare side by side some of our top rated TFI Markets versus comparisons. Read some indepth TFI Markets VS pages below.

TFI MARKETS Frequently Asked Questions

Can I try TFI Markets before I buy?

TFI Markets offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do TFI Markets accept?

Please note that the list of payment methods below depend on the TFI Markets Entity and the Clients Country of Residence.

TFI Markets offer the following funding payment methods Bank Transfers, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

Is TFI Markets safe?

TFI Markets are considered safe as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC), Netherlands Authority for the Financial Markets (AFM), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). Any payments funded to TFI Markets accounts by traders are held in a segregated bank account. For added security TFI Markets use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is TFI Markets trading good?

TFI Markets is considered good and reputable to trade with. TFI MarketsTFI Markets is used by over TFI Markets active traders. TFI Markets offers Forex trading. Minimum deposit with TFI Markets is 1.

Is TFI Markets trading Legit?

TFI Markets was founded in Cyprus in 1999. TFI Markets has been facilitating trade on the financial markets for over 21 years. TFI Markets offers clients Forex trading. All funds deposited to TFI Markets are held in segregated tier 1 bank accounts for security. TFI Markets is regulated by Cyprus Securities and Exchange Commission (CySEC), Netherlands Authority for the Financial Markets (AFM), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) so can be considered legit.

Is TFI Markets a good broker?

TFI Markets is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC), Netherlands Authority for the Financial Markets (AFM), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) so can be considered a good broker. TFI Markets allows Forex trading.

Is TFI Markets trustworthy broker?

TFI Markets can be considered trustworthy. All money funded to TFI Markets is placed into a segregated tier 1 bank account. this means your money in not held by TFI Markets directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also TFI Markets is regulated by Cyprus Securities and Exchange Commission (CySEC), Netherlands Authority for the Financial Markets (AFM), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).

What is the minimum deposit for TFI Markets?

The minimum deposit to trade with TFI Markets is 1.

How long do TFI Markets withdrawals take?

Withdrawing money from TFI Markets processing time varies but averages 2-5 days.

Is TFI Markets regulated?

TFI Markets is regulated by Cyprus Securities and Exchange Commission (CySEC), Netherlands Authority for the Financial Markets (AFM), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).

Is TFI Markets a market maker?

TFI Markets is a market maker. Stocks, currency and other commodities and instruments will be purchased by TFI Markets even if no buyer is lined up.

How can I start trading with TFI Markets?

When opening a trading account with TFI Markets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on TFI Markets trading platforms here.

Is my money safe with TFI Markets?

TFI Markets is regulated by Cyprus Securities and Exchange Commission (CySEC), Netherlands Authority for the Financial Markets (AFM), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). One of the most important criteria for traders when choosing a broker like TFI Markets is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to TFI Markets, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is TFI Markets a con?

TFI Markets is regulated and well established having been in business for over 21 years. TFI Markets is definitely not a con.

Can you make money with TFI Markets?

Although traders have had great success with TFI Markets. Trading on the financial markets with TFI Markets is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does TFI Markets have fees?

TFI Markets withdrawal fees varies on payment method. TFI Markets does charge inactivity fees. TFI Markets does charge deposit fees.

When was TFI Markets founded?

TFI Markets was founded in 1999.

How many people use TFI Markets?

TFI Markets is used by over 10000 registered traders.

What is TFI Markets Headquarters country?

TFI Markets has its head quarters office in Cyprus.

Does TFI Markets offer negative balance protection?

TFI Markets does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does TFI Markets offer guaranteed stop loss?

TFI Markets does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does TFI Markets allow scalping?

TFI Markets offers scalping.

Does TFI Markets allow hedging?

TFI Markets offers hedging.

Does TFI Markets offer CFD trading?

TFI Markets does not offer CFD trading.

Does TFI Markets offer STP?

TFI Markets does not offer STP trading.

How many people use TFI Markets?

TFI Markets is used by over 10000 traders.

Is TFI Markets an ECN broker?

TFI Markets does not offer ECN trading.

Does TFI Markets offer a demo account?

TFI Markets offers a demo account.

Does TFI Markets offer an Islamic account?

TFI Markets does not offer Islamic accounts.

What are the funding methods for TFI Markets?

TFI Markets accept the following funding methods : Bank Transfer.

TFI Markets review written by Andrew Blumer and Mark Hansen

We hope you found our review of the TFI Markets brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

TFI Markets review written by Mark Hansen of Comparebrokers.co