Score

1.40 /10
Danger

TIQ FX

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

White label MT5

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index6.18

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Broker Information

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Company Name

TIQ FX

Company Abbreviation

TIQ FX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

TIQ FX · Company summary
Basic Information
Registered Countries Saint Vincent and the Grenadines
Regulation No License
Minimum Deposit $250
Maximum Leverage 1:500
Minimum Spread From 0.0 pips
Trading Platform MT5 trading platform
Trading Assets Forex, Indices, Futures, Shares, Energies, Crypto, Metals
Payment Methods N/A
Customer Support 7/24 Support, Email & Phone, Online Support

General Information

TIQ FX is a forex broker registered in Saint Vincent and the Grenadines, providing access to a massive financial market. With the TIQ FX platform, three trading accounts are available, with the lowest required opening deposit is $250, and traders can employ a maximum leverage of 1:500 on their positions.

However, when it comes to regulatory information, TIQ FX disappoints us as it is not authorized or regulated by any regulatory authority.

wikifx

Market Instruments

Clients are given the access to rich trading instruments, including Forex, Indices, Futures, Shares, Energies, Crypto, Metals, all available through the platform.

market-instruments

Account Types

Gold accounts, Diamond accounts, and Ruby accounts are the available options for traders. The account type is determined by the initial capital required, $250 for a gold account, $2,500 for a Diamond account and $10,000 for a Ruby account.

account-type

Demo Accounts

With TIQ FX 's demo account, prospective traders can test out different trading strategies to trading without putting their own money at danger, resulting in a more relaxed trading experience.

Spreads & Commissions

Trading accounts set the commissions and spreads. Gold accounts provide a zero-commission trading environment, offering spreads from 1.7 pips. Diamond accounts started spreads from 0.0 pips, and charge a commission of $5 per side per lot (FX & Metals). Ruby accounts offer the most favorable offerings, spreads from 0.0 pips, with a commission of $3.5 per side per lot (FX & Metals).

Leverage

Maximum leverage for major forex is 1:30 in Europe and Australia, and 1:50 in the U.S. and Canada, while enables its clients to use leverage of up to 1:500. This is significantly greater than the limits judged appropriate by many regulators.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size (no more than a 1:10).

Trading Platform

The MT5 trading platform, widely regarded as the best in the business, is available through TIQ FX, which can be accessed on Windows, MacOS, IOS, Android.

Educational Resources

TIQ FX clients are provided with exclusive accounts access to trading tools, news, and analysis, including Economic Calendar, Technical Analysis, Trading Calculators, VPS, Analyst and more.

Customer Support

Contact this broker using the following methods if you have any questions or problems with your trading:

Online Chat

Telephone: +44 730 8813 444

Email: support@axofa.com

Company Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and Grenadine.

Or you can also follow this broker on Facebook, Twitter, and Youtube.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Three types of trading accounts No regulation
Educational contents provided High minimum deposits for certain accounts
High leverage up to 1:500 No clear information on payment methods
MT5 supported

Frequently Asked Questions

Is TIQ FX regulated?

No, TIQ FX is not regulated.

What is the minimum deposit amount required to make a start with TIQ FX

The minimum deposit amount required to register a live trading account with the TIQ FX platform is $250.

What trading platform does TIQ FX offer?

What TIQ FX offers is not the MT4 or MT5 trading platform.

User Reviews

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User comment

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gdfhedhnnf
more than one year
Trading with TIQ FX made me lose money all the time. I don’t know what happened, my account balance has gradually reduced. I feel that they are purely to steal my money.
Trading with TIQ FX made me lose money all the time. I don’t know what happened, my account balance has gradually reduced. I feel that they are purely to steal my money.
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2023-02-24 13:48
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遇见0196
more than one year
I recommend this new broker. It gave me a good trading environment. Here customer support team are extremely responsive and professional, always there to solve your trading problems. I’ve withdrawn my profits once, and it didn’t take much time. I am still trading with it now, and I do hope your guys could join me.
I recommend this new broker. It gave me a good trading environment. Here customer support team are extremely responsive and professional, always there to solve your trading problems. I’ve withdrawn my profits once, and it didn’t take much time. I am still trading with it now, and I do hope your guys could join me.
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2022-12-01 15:27
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