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TNFX -Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-12-30 17:47

Abstract:Founded in 2019, TNFX is an offshore broker registered in Seychelles, offering trading in FX, metals, energies, US equities, EU equities, HK equities, indices, cryptos, indexes, and futures with leverage up to 1:500 and spread from 1.0 pips on the Standard account via the MT4 and MT5 platforms. Demo accounts are available and the minimum deposit requirement to open a live account is $100. [Image]

TNFX Review Summary
Founded2019
Registered Country/RegionSeychelles
RegulationFSA (Offshore)
Market InstrumentsFX, metals, energies, US equities, EU equities, HK equities, indices, cryptos, indexes, futures
Demo Account✅
Leverage1:500
SpreadFrom 1.0 pips (Standard account)
Trading PlatformMT4, MT5
Min Deposit$100
Customer Support24/6
Live chat, contact form
Tel: +2484374030, 00971526135187
Email: support@tnfx.co, info@tnfx.co
X, LinkedIn, Facebook, Telegram, Instagram, YouTube, TikTok
Address: CT House, Office 9A, Providence, Mahe, Seychelles
Regional RestrictionsThe United States, India, Cuba, Myanmar, North Korea, Iran and Sudan

Founded in 2019, TNFX is an offshore broker registered in Seychelles, offering trading in FX, metals, energies, US equities, EU equities, HK equities, indices, cryptos, indexes, and futures with leverage up to 1:500 and spread from 1.0 pips on the Standard account via the MT4 and MT5 platforms. Demo accounts are available and the minimum deposit requirement to open a live account is $100.

TNFX's homepage

Pros and Cons

Pros Cons
Diverse tradable assetsOffshore regulated by FSA
Demo accountsRegional restrictions
Various account types
Tight spreads
MT4 and MT5 platforms
Multiple payment options
Live chat support

Is TNFX Legit?

No. TNFX currently has no valid regulations. It is only offshore regulated by the Seychelles Financial Services Authority (FSA).

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Seychelles
The Seychelles Financial Services Authority (FSA)Offshore regulatedTNFX LtdRetail Forex LicenseSD133
Offshore regulated by FSA

What Can I Trade on TNFX?

Tradable Instruments Supported
Forex✔
Metals✔
Energies✔
US/EU/HK equities✔
Indices✔
Cryptocurrencies✔
Indexes✔
Futures✔
Commodities❌
Stocks❌
Bonds❌
Options❌
ETFs❌

Account Type

Account TypeMin Deposit
Standard/
Fix$1,000
VIP/
Zero$1,000
Cent$100
Account comparison

Leverage

Account TypeMax Leverage
Standard1:500
Fix
VIP1:100
Zero1:500
Cent

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

Account TypeSpread
StandardFrom 1.0 pips
Fix1.0 pips (EUR/USD)
VIPFrom 0.4 pips
Zero0.0 pips (EUR/USD)
CentFrom 1.0 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Web, iOS, Android, WindowsBeginners
MT5✔Web, iOS, Android, WindowsExperienced traders
MT4/5

Deposit and Withdrawal

TNFX accepts payments via Visa, Bank Transfer, Perfect Money, WebMoney, MasterCard, STICPAY, Advcash, Al-Taif, Payeer, India Payment, Asia Pay, Corapay, Ozow, PayRetailers, Credit Cards, Local depositor, Office transfers.

The only accepted currency is US dollars.

As for deposit processing time, Asia Pay and Credit Cards deposits are within 1 minute, Local depositor deposit is within 1 working hour, and Office transfers deposit is within 24 working hours.

All withdrawals are said to be processed within 24 working hours.

Payment options
LeverageBrokerCommissionCurrency PairDealerForex tradingForex BrokerForex Currency pairleverage in forexforex pipsforex marketCFDsdemo accountsMT4MT5

Related broker

Offshore Regulated
TNFX
Company name:TNFX LTD
Score
3.42
Website:https://tnfx.co/en
5-10 years | Regulated in Seychelles | Derivatives Trading License (EP) | MT4 Full License
Score
3.42

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