TF4L

TF4L, also known as Trade Forex 4 Less, is an unregulated broker based in United States. Its market instrument includes Equities, Forex, Interest Rates, Metals, Energy, Grains and Softs, and Livestock. Its license was suspected to be a fake clone. Currently, this broker has been disclosed by the regulator.

Pros & Cons

Is TF4L Legit?

Regulated Country
Regulated Authority	National Futures Association (NFA)
Regulated Entity	Stage 5 Trading Corp
License Type	0444666
License Number	Common Financial Service License
Regulatory Status	Suspicious Clone

What Can I Trade on TF4L?

Account Type

TF4L offers six types of accounts: Individual, Joint, LLC, Corporate, Partnership, and IRA. Each account requires a minimum deposit of $2500 and charges a commission starting from $0.49.

Fees

TF4L claims to offer commission rates starting at $0.49 per side and as trading volume increases, commissions reduce automatically with rates as low as $0.25 per side for volume exceeding 20,000 contracts per month.

Trading Platform