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The WikiFX Score of this broker is reduced because of too many complaints!

TFI Markets LTD

Hong Kong|Within 1 year|
Suspicious Scope of Business|High potential risk|

https://tfisfx.com/

Website

Rating Index

Contact

info@tfisfx.com
https://tfisfx.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

TFI Markets LTD

Company Abbreviation

TFI Markets LTD

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-05-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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TFI Markets LTD · Company Summary

TFI Markets LTD Basic Information
Company Name TFI Markets LTD
Headquarters Hong Kong
Regulations Not regulated
Tradable Assets Precious metals
Account Types ECN, STP account
Maximum Leverage 1:400
Customer Support Email (info@tfisfx.com)

Overview of TFI Markets LTD

TFI Markets LTD, based in Hong Kong, operates as an online trading platform catering to traders interested in accessing financial instruments, particularly specializing in precious metals. Through their platform, traders can utilize account types such as ECN and STP, allowing for flexibility in trading strategies. However, it's critical to highlight that TFI Markets LTD functions without regulatory oversight, underscoring the need for caution when engaging with the platform. Traders should be mindful of the potential risks associated with unregulated trading and take appropriate measures to protect their investments.

Overview of TFI Markets LTD

Is TFI Markets LTD Legit?

TFI Markets LTD is not regulated. It's crucial to highlight that TFI Markets LTD operates without being subject to any official regulation. This implies that it functions independently, without supervision from established financial regulatory bodies. Traders should approach with caution, as trading with an unregulated broker can pose various risks. These risks include limited avenues for dispute resolution, concerns regarding fund safety and security, and a lack of transparency in the broker's operations. To mitigate these risks and ensure a safer trading experience, traders are advised to conduct thorough research and carefully consider a broker's regulatory status before engaging in any trading activities.

Is TFI Markets LTD Legit?

Pros and Cons

TFI Markets LTD presents traders with the advantage of choice, offering two account types to accommodate diverse trading preferences. This flexibility enables traders to select the account that aligns best with their individual strategies and objectives. However, a notable drawback is the absence of regulatory oversight, leaving traders potentially vulnerable to risks associated with unregulated trading. Moreover, the limited customer support options, primarily accessible through email, may pose challenges for traders in need of immediate assistance or guidance. Additionally, the lack of clarity in provided information regarding the trading platform could lead to confusion or frustration among users. Furthermore, facing challenges when accessing the website can severely disrupt the overall trading journey.

Pros Cons
  • Offers a choice between two account types to cater to different trading preferences
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Limited customer support options, primarily available through email
  • Lack of clarity in provided information regarding the trading platform
  • Difficulties in accessing the website, hindering user experience

Trading Instruments

TFI Markets LTD focuses solely on precious metals, providing tailored opportunities for traders interested in this specific market niche.

Trading Instruments

Account Types

TFI Markets LTD offers two account types to accommodate the diverse trading preferences of its clientele: the ECN account and the STP account.

Account Types

Leverage

Both the ECN and STP accounts at TFI Markets LTD offer leverage of up to 1:400, allowing traders to amplify their trading capital and maximize potential profits.

Leverage

Customer Support

Traders can contact TFI Markets LTD's customer support team via email at info@tfisfx.com for assistance.

Customer Support

Conclusion

In conclusion, TFI Markets LTD offers traders a diverse selection of account types, providing flexibility to tailor their trading approach according to individual preferences. This versatility allows traders to align their strategies with specific market conditions and risk tolerances. However, the absence of regulatory oversight within the company's operations raises concerns regarding investor protection and transparency. Furthermore, the limited availability of customer support, primarily through email channels, may hinder timely resolution of inquiries or issues encountered by traders. Additionally, ambiguities in the information provided about the trading platform and difficulties in accessing the website can contribute to a suboptimal user experience.

FAQs

Q: Is TFI Markets LTD regulated?

A: No, TFI Markets LTD operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: What trading instruments are available on TFI Markets LTD?

A: TFI Markets LTD focuses solely on precious metals, providing tailored opportunities for traders interested in this specific market niche.

Q: What account types does TFI Markets LTD offer?

A: TFI Markets LTD offers two account types to accommodate the diverse trading preferences of its clientele: the ECN account and the STP account.

Q: How can I contact TFI Markets LTD's customer support?

A: You can reach TFI Markets LTD's customer support primarily through email at info@tfisfx.com for assistance.

Risk Warning

Trading online carries inherent risks, and there's a possibility of losing all invested capital. It's crucial to understand these risks fully before proceeding. Additionally, please note that the information provided in this review may change due to updates in the company's services and policies. Consider the date of this review, as information may have evolved since then. Therefore, it's advisable to verify any updated information directly with the company before making any decisions or taking action. Ultimately, readers bear sole responsibility for the use of the information provided in this review.

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