Tifia is an online CFDs and forex broker that offers true STP/ECN executions with Tier-1 bank liquidity to its customers worldwide. Tifia Markets was founded in 2008 and is based in the Republic of Mauritius. The broker is authorised and regulated by the FSC. Tifia Markets offers over 75 trading instruments that provide a comprehensive product portfolio of CFDs of forex, metals, oil, and indices for the traders who wish to trade in forex or popular commodities.
Tifia Markets offers well-known trading platforms from MetaQuotes across multiple devices. The trading costs provided by Tifia are as competitive as their order execution systems. Trading tools such as social trading packs a punch for investors who want to invest in profitable trading strategies and make money from their couch.
Tifia Markets has some decent educational and research resources to keep its clients well-informed.
Tifia is an ECN/STP broker that provides its clients with fully transparent Forex trading conditions. When trading with Tifia, you can get high-quality trading services and access to Tier-1 bank liquidity with best prices and rapid execution.
Tifia Markets has the expertise of over a decade in providing trading services as a regulated broker. The true STP/ECN execution model with the liquidity provided by Tier-1 banks provides the traders a seamless trading experience without requotes. Traders can access their accounts on multiple devices via MT4 and MT5, two popular trading platforms. The broker keeps its clients’ funds in segregated bank accounts and provides 24/5 super-friendly customer services.
On the other hand, Tifia Markets lacks other popular asset classes such as single stocks and cryptocurrencies. The broker does not offer its services to clients in the US, Canada, Israel, Belgium, Japan, Mauritius, and the Republic of Vanuatu. The broker requires a minimum deposit of $10 and charges a withdrawal fee for most payment options. The broker is not publicly traded and does not disclose its financial information.
Here is a summary of Tifia Market’s pros and cons.
- MT4 & MT5 platforms
- STP/ECN executions
- 75+ trading instruments
- Tight spreads and low fees
- Rapid executions
- Liquidity provided by Tier-1 banks
- Various account types
- Multiple funding methods, including cryptocurrencies
- Financial market research and analysis
- Trading signals and market analysis by ‘Claws & Horns’
- Tifia Forex Analytics app
- Social trading
- Free VPS
- Demo accounts
- Islamic accounts
- Educational videos
- 24/5 client support
- Regulated broker
- Low minimum deposit
- No inactivity fees
- US clients not accepted
- Best trading conditions require a $500 deposit
- No single stock trading
Tifia Markets offers a good selection of trading instruments for you to trade on the MT4/MT5 platforms. Depending on your own interests and ambitions, you may select financial instruments from a variety of asset classes such as forex, metals, oil, and indices. However, the broker lags slightly compared to its competitors in providing other popular financial products such as individual stocks, cryptocurrencies, options, bonds, and ETFs.
Tifia Instruments Summary
Commission and Spread Fees
Tifia offers very tight spreads and low commissions with STP/ECN execution model that makes trading seamless with unlimited liquidity. The broker offers three types of accounts that carry different environments in terms of trading costs, minimum deposits, and the instruments offered to trade. Summarised trading costs for each account type are as follows:
|Fee||Start Account||ECN Classic Account||ECN Pro|
|Commission (per standard lot per side)||$0||$0||$4|
Deposit and Withdrawal Fees
Tifia does not charge any deposit fee while using any payment method. However, for each payment option, certain withdrawal fees are charged except for local bank transfers and cryptocurrencies. The broker charges a $35 withdrawal fee for wire transfers, $4 for debit/credit cards, 0.5%-2% for electronic payment methods.
Tifia Markets does not charge an inactivity fee from its dormant accounts.
Tifia traders can use the industry-standard MetaTrader 4 or MetaTrader 5 platforms. These platforms, which are used by millions of traders all over the world, are frequently the platforms of choice for both forex and CFD traders. In addition, the broker offers social trading to investors who can choose from thousands of profitable trading portfolios.
MetaTrader 4 (MT4) is a prominent trading platform. The programme is licenced to foreign exchange brokers, such as Tifia, who offers its clients. The MT4 platform includes professional functionality for online trading, such as comprehensive chart analysis. MT4 is adaptable and may be used on a variety of devices. It is simple to use, with many chart windows and totally customisable layouts based on your preferences. In real-time, the market watch displays the varying prices of trading instruments. There are three types of charts available: line, bar, and candlestick. Here are the salient features of MT4:
- 3 chart types
- 11 timeframes
- Market and pending orders
- 30+ Technical indicators
- 15+ Graphical objects
- Market analysis and news
- Automated trading (EAs)
- One-click Trading
- Custom strategy templates
- Fully customisable
- Trading signals
- MetaQuotes Marketplace
- Available on web, desktop, iOS, and Android devices
- Free for all
- Push Notifications
MetaTrader 5 MT5
MetaTrader 5 is a sophisticated and professional trading platform that succeeded the previous MT4 platform. It has a similar interface and capabilities as MT4. The MT5 platform is more powerful due to its expanded features and capabilities. For example, it features 38 built-in technical indicators as opposed to MT4’s 30. It also supports 6 pending order types and up to 21. Here are the salient features of MT5:
- Trade in Forex and CFDs in one place
- Available on web, desktop, iOS, and Android devices
- Trustworthy data protection
- Scalping and hedging allowed
- 5 types of orders, including pending and stop-orders
- Market Depth
- One-Click Trading
- 3 chart types and 21 timeframes
- Technical indicators
- Charting objects for technical analysis
- Real-time quotes
- Economic calendar
- MetaQuotes MQL editor and Marketplace
Tifia offers social trading to all of its clients. You have the option of registering as a trader or an investor. Traders are the signal providers who are ranked on the ‘Traders rating,’ which displays statistical data and performance for each trader. After reviewing the Traders’ rating, the investor can follow the trader and automatically duplicate his trades. Social trading allows beginners to trade forex and CFDs without having to learn how to trade themselves. If and only if the trader is successful, the trader gets rewarded through commissions.
Virtual Private Server (VPS)
Traders that demand fast and continuous access to trading servers typically use a virtual private server (VPS). They can run your trading platforms 24 hours a day, seven days a week, without requiring you to turn on your own computer. A dependable VPS can provide 99.9% uptime and easy connectivity. Only Tifia customers with a balance of $5,000 are eligible for a free VPS. A Forex VPS is a popular choice for traders who employ automated systems with expert advisors (EAs) that must be active at all times but do not want to use their personal computers.
Tifia Platforms Summary
|MetaTrader 4 (MT4)||✓|
|MetaTrader 5 (MT5)||✓|
Tifia Markets has plenty of educational and research resources and tools to help its clients make informed decisions. Let’s look at the summary of these resources and tools.
It visually depicts more than 60 strategies.
This includes a list of 20 indicators and their definitions, as well as the significance level, index change, and currency change.
This collection includes over 17 videos on how to utilise the MetaTrader platforms, such as constructing trading robots and subscribing to trading signals.
It includes over 300 forex/CFD trading terms as well as definitions.
There are nine video classes on forex trading and analysis.
A Beginner’s Guide to Forex Trading is an ebook that helps traders learn about forex trading.
This is a critical fundamental analysis tool that indicates the date and timing of events that may have an influence on the financial markets. The impacted country’s history, as well as the analysts’ forecast, are all presented. When you click on an event, you’ll get more information and analysis on it. The economic calendar may be customised to show only the news that is important to you. If you’re utilising the MetaTrader 5 platform, you can gain quick and simple access to an economic calendar incorporated into the platform.
Financial Market & Analysis
Tifia offers a wide range of market research and analysis to help you stay on top of what’s going on in the worldwide markets.
Claws & Horns Analysis
Tifia offers its clients in-depth professional analysis. Claws & Horns is a respected independent analytical and research organisation known for offering extensive and high-quality analyses, trading signals, video reviews, and so on. It is accessible via the Tifia mobile app or the customers’ cabinet part of the Tifia website. Claws & Horns professionals have perfected the art of analysis like no other. Tifia clients get access to a wealth of analytical information, including the most recent forecasts, unique evaluations, expert comments, and a plethora of other materials critical to their trading skills.
This is a useful trading tool that allows a trader to quickly and simply assess trading charges, margin, swap fees, and other fees before entering a deal.
Tifia Research and Education Summary
Tifia offers a wide range of payment methods to deposit and withdraw, such as wire transfers, debit/credit cards, e-wallets, and cryptocurrencies. There is no deposit fee for using any funding option. However, we have mentioned the withdrawal fee for each funding option earlier in the fees section.
Tifia Funding Summary
Tifia is a subsidiary of Tifia Markets Limited Group of Сompanies. The company is registered and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius. Tifia Markets Limited is also licenced as a “Dealer in Securities” and regulated by the “Ministry of Finance and Economic Management” The Republic of Vanuatu.
Tifia Regulation Summary
|SFC (Hong Kong)||x|
Tifia Markets has a long track record in the industry, indicating that it is a reliable broker. The broker is not listed on any stock exchange, and consequently, its financial information is not publicly available.
According to the broker, all customer deposits are kept in separate bank accounts. Tifia should not spend this money on internal costs. Client money is separated so that it could be restored to them if the broker falls bankrupt. Regulation can provide clients with peace of mind knowing they are dealing with a broker who must adhere to the laws and regulations to safeguard investors.
Tifa’s customer support can be reached via live chat, WhatsApp, skype, and email 24/5. You can find details about their regional offices in the “contacts” section on their website.
Tifia Markets is a regulated broker with over a decade of experience in the financial trading industry and keeps its clients’ funds in segregated bank accounts, and provides the liquidity of Tier-1 banks. The broker has an impressive product portfolio and STP/ECN executions model. Trading costs are very competitive, and the broker also offers social trading. Tifia Markets has abundant educational and research tools. MT4 and MT5 trading platforms can work like a charm for both beginners and professionals. With a low minimum deposit, retail traders with modest investments can start their trading with Tifia.