Score

8.15 /10
Good

Tier1FX

Regulated in Malta

Market Making(MM)

MT4 Full License

Regional Brokers

C

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Comparison

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Score

Regulatory Index7.15

Business Index9.74

Risk Management Index9.96

Software Index9.32

License Index7.15

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Licenses

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

Hogg Capital Investments Ltd

Company Abbreviation

Tier1FX

Platform registered country and region

Malta

Company website

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Tier1FX · Company summary
Tier1FX Review Summary
Founded2013-06-04
Registered Country/RegionMalta
RegulationRegulated
Market InstrumentsForex/Spot Commodities/Spot Precious Metals/CFDs
Demo
LeverageUp to 1:200
Spreadultra-low
Trading PlatformT1FX MT4 & JForex(Android/iPhone/iPad)/FORTEX 6/FIX API
Min Deposit1,000 EUR or equivalent
Customer SupportEmail: support@tier1fx.com
Phone: +356 23 27 3000

Tier1FX Information

Tier1FX is a STP/DMA broker, eliminating the inherent conflicts of interest that may occur between market makers and clients. This broker specializes in a variety of trading instruments such as Forex, Precious Metals, Commodities, CFDs, etc. Traders can trade through multiple platforms in different versions, such as T1FX MT4, JForex, FORTEX 6, and FIX API.

Tier1FX Information

Pros and Cons

Pros Cons
RegulatedUnspecific spread information
MT4 availableComments about being unable to withdraw
Demo available
Leverage up to 1:200

Is Tier1FX Legit?

Malta Financial Services Authority(MFSA) regulates Tier1FX with license number C 18954 and License Type Market Making(MM), making it safer than the unregulated one. Due to regulatory restrictions, applications from residents of the United States, Iran, North Korea, and Japan cannot be processed.

Is Tier1FX Legit?
Is Tier1FX Legit?

What Can I Trade on Tier1FX?

Tier1FX offers various market instruments, including 50+ Forex pairs, Spot Precious Metals, Spot Commodities, Index CFDs, Multi-Asset Trading, and CFDs on Cryptos.

Tradable Instruments Supported
Forex
Spot Commodities
Spot Precious Metals
Index CFDs
Multi-Asset Trading
CFDs on Cryptos
What Can I Trade on Tier1FX?

Account Type

Tier1FX offers main trading accounts for EUR, USD, and GBP,and demo accounts with a default validity period of 60 days. The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Account Type Main
Base CurrenciesEUR, USD, GBP
Minimum Initial Deposit1,000 EUR/USD/GBP
Maximum Leverage1:200

Leverage

The leverage for retail clients is 1:2-1:30, for retail clients it is 1:2-1:100, and for all other clients, it is 1:2-1:200.

Trading Platform

Tier1FX offers a variety of trading platforms, such as MT4-the world's most well-known foreign exchange platform, JFOREX linked to ECN-Swiss Foreign Exchange Market (SFXM) liquidity, FORTEX 6, and FIX API. Both T1FX MT4 and JForex offer mobile applications for Android, iPhone, and iPad.

Trading PlatformSupported Available Devices
T1FX MT4Android/iPhone/iPad
JForexAndroid/iPhone/iPad
FORTEX 6-
FIX API-

Deposit and Withdrawal

The minimum initial deposit to open an account is 1,000 EUR or equivalent in other currencies. Bank wire deposits are processed instantly, but international transfers may take 3-5 business days to reach our bank account. Withdrawals may take up to 3-5 business days for international bank transfers and up to 10 business days for funds to reach your credit card. A fixed fee* of $20/€15/£15 applies to each withdrawal.

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耿挺
more than one year
De hecho, yo mismo estoy usando esta plataforma y creo que es buena. Pero cuando mis amigos me preguntan si hay una plataforma adecuada para recomendar, normalmente no les recomiendo esta porque requiere un depósito mínimo de $1,000. Me inclino más a recomendar compañías con un depósito mínimo de solo $ 50 a los novatos.
De hecho, yo mismo estoy usando esta plataforma y creo que es buena. Pero cuando mis amigos me preguntan si hay una plataforma adecuada para recomendar, normalmente no les recomiendo esta porque requiere un depósito mínimo de $1,000. Me inclino más a recomendar compañías con un depósito mínimo de solo $ 50 a los novatos.
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2022-11-24 16:43
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承远-外汇理财 信用融资
more than one year
Minimum deposit is too high, which is not suitable for newbies. And the account type you can choose is only one..but the good to mention is that Tier1FX offers live spreads which look good and the fees are transparent.
Minimum deposit is too high, which is not suitable for newbies. And the account type you can choose is only one..but the good to mention is that Tier1FX offers live spreads which look good and the fees are transparent.
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2022-11-17 15:22
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