TFXI (The full name of TFXI is triumphfx)is a forex and CFD broker that provides online trading services to clients all around the world. The broker offers access to a wide range of financial markets, including forex, indices, commodities, and cryptocurrencies. A lot of our readers asked us to do a TFXI review. Let's dive into it.
TFXI is a popular choice among traders due to its competitive pricing, advanced trading tools, and user-friendly platform.
Important points for users:
Competitive pricing
Advanced trading tools
User-friendly platform
Access to a wide range of financial markets
🌅Background | TFXI was founded in 2010 and is based in the UK. |
📜History | TFXI has a strong track record in the industry, with over 10 years of experience providing trading services to clients. |
💰Minimum Deposit | $100 |
🚀Maximum Leverage | 1:500 |
📉Minimum Position | 0.01 lots |
💻Website | www.tfxi.com |
👨💻Users' Rating | ⭐️4.5/5 |
🌟Trustpilot Rating | ⭐️9.2/10 |
TFXI is committed to ensuring the safety and security of its clients' funds. The broker uses SSL encryption to protect sensitive data and holds client funds in segregated accounts with top-tier banks. Additionally, TFXI is regulated by the Financial Conduct Authority (FCA) in the UK.
TFXI offers three different types of trading accounts: Classic, ECN, and STP. Each account type offers different features and benefits to suit the needs of different traders.
Account | Classic | ECN | STP |
🛡️ Safety | Segregated accounts | Segregated accounts | Segregated accounts |
💰 Minimum Deposit | $100 | $1000 | $500 |
📈 Maximum Leverage | 1:500 | 1:500 | 1:200 |
🎯 Minimum Position | 0.01 lots | 0.1 lots | 0.1 lots |
🤖 Expert Advisors | ✅ | ✅ | ✅ |
📊 Scalping | ✅ | ✅ | ✅ |
🔧 Other Features | Free VPS, Islamic accounts | Free VPS, Islamic accounts, MAM accounts | Free VPS, Islamic accounts, MAM accounts |
TFXI charges a variety of fees for its services. The exact fees depend on the account type and trading instruments, but some of the main fees to be aware of include:
Commission fees: TFXI charges commission fees on ECN accounts, starting from $6 per lot. Classic and STP accounts do not have commission fees.
Spread: The spread is the difference between the buy and sell price of a financial instrument. TFXI offers variable spreads that vary depending on the account type and trading instrument.
Swap fees: TFXI charges swap fees on positions that are held overnight. The exact fees depend on the trading instrument and account type.
Inactivity fee: TFXI charges an inactivity fee of $50 per month on accounts that have been inactive for more than 90 days.
Deposit and withdrawal fees: TFXI does not charge any deposit or withdrawal fees, but clients should be aware that their bank or payment processor may charge fees for transactions.
It's important to carefully review all fees and charges associated with a trading account before opening it, as they can significantly impact the profitability of your trades.
TFXI offers customer support in several languages, including English, Arabic, Russian, and Chinese. Users can contact customer support through several channels, including:
💬 Live chat: Users can access live chat support directly from the TFXI website.
📧 Email: Users can contact customer support via email at support@tfxi.com.
📞 Phone: Users can call the TFXI customer support team at +44 208 089 0294.
TFXI aims to provide prompt and helpful customer service to its clients, regardless of their location or trading experience.
TFXI offers a variety of payment methods to make it easy for clients to deposit and withdraw funds from their trading accounts. Some of the payment methods supported by TFXI include:
💳 Credit/debit cards: TFXI accepts payments from all major credit and debit cards, including Visa, Mastercard, and Maestro.
💸 Bank wire transfer: Clients can also transfer funds directly from their bank account to their TFXI trading account.
💰 E-wallets: TFXI supports several popular e-wallets, including Skrill, Neteller, and WebMoney.
🚀 Bitcoin: TFXI accepts payments in Bitcoin and other cryptocurrencies, making it easy for clients to fund their trading accounts using digital currencies.
TFXI does not charge any fees for deposits or withdrawals, but clients should be aware that their bank or payment processor may charge fees for transactions. Deposits are processed instantly, while withdrawals can take up to 3 business days to process.
TFXI offers a wide range of trading instruments, covering different asset classes such as forex, commodities, indices, and cryptocurrencies. There are over 100 trading instruments to choose from, allowing traders to diversify their portfolio and take advantage of different market opportunities. Some of the popular instruments offered by TFXI include EUR/USD, Gold, S&P 500, and Bitcoin.
To make it easier for traders to keep track of their favorite instruments, TFXI allows users to create a personalized watchlist. This feature enables traders to quickly access their preferred instruments and stay up to date with their performance.
Forex | EUR/USD | EURUSD |
GBP/USD | GBPUSD | |
USD/JPY | USDJPY | |
Commodities | Gold | XAUUSD |
Silver | XAGUSD | |
Indices | S&P 500 | SPX500 |
NASDAQ | NDX | |
Cryptocurrencies | Bitcoin | BTCUSD |
Ethereum | ETHUSD |
TFXI offers its clients the popular MetaTrader 4 (MT4) platform, which is known for its user-friendly interface and advanced trading tools. MT4 is available for desktop, web, and mobile devices, allowing traders to access the markets from anywhere at any time. The platform offers a wide range of features, including:
📊💹 | Real-time price charts | ⏰🔄 | Customizable timeframes |
🛡️📈 | Advanced order types | 🖱️💹 | One-click trading |
💼💰 | Multiple account support | 📱💹 | Mobile trading app |
TFXI provides a variety of educational resources to help traders improve their skills and knowledge. These include:
Video tutorials: Step-by-step guides to using the MT4 platform and trading strategies
Webinars: Live online seminars with industry experts on a range of topics
Trading guides: Comprehensive guides to trading concepts and strategies
News and analysis: Daily market news and analysis to help traders stay informed
TFXI offers a range of bonuses and promotions to reward its clients and help them maximize their trading potential. These include:
Welcome bonus: A bonus for new clients who meet certain deposit and trading volume requirements
Deposit bonus: A bonus for clients who make a deposit of a certain amount
Refer-a-friend bonus: A bonus for clients who refer a new client to TFXI
Trading contests: Regular contests with cash prizes for the top-performing traders