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