Score
Malta
|
Above 20 years
| https://www.tier1fx.com
Website
Rating Index
MT4/5
Full License
Tier1FX-Demo
Influence
C
Influence index NO.1
Vietnam 2.84
MT4/5 Identification
Full License
United KingdomInfluence
C
Influence index NO.1
Vietnam 2.84
LicensesLicensed Entity：HOGG CAPITAL INVESTMENTS LIMITED
License No. C 18954
Single Core
1G
40G
1M*ADSL
Malta
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Serbia
tier1fx.com United States Serbia
VIP is not activated.
| Tier1FX Review Summary | |
| Founded | 2013-06-04 |
| Registered Country/Region | Malta |
| Regulation | Regulated |
| Market Instruments | Forex/Spot Commodities/Spot Precious Metals/CFDs |
| Demo | ✅ |
| Leverage | Up to 1:200 |
| Spread | ultra-low |
| Trading Platform | T1FX MT4 & JForex(Android/iPhone/iPad)/FORTEX 6/FIX API |
| Min Deposit | 1,000 EUR or equivalent |
| Customer Support | Email: support@tier1fx.com |
| Phone: +356 23 27 3000 | |
Tier1FX is a STP/DMA broker, eliminating the inherent conflicts of interest that may occur between market makers and clients. This broker specializes in a variety of trading instruments such as Forex, Precious Metals, Commodities, CFDs, etc. Traders can trade through multiple platforms in different versions, such as T1FX MT4, JForex, FORTEX 6, and FIX API.
| Pros | Cons |
| Regulated | Unspecific spread information |
| MT4 available | Comments about being unable to withdraw |
| Demo available | |
| Leverage up to 1:200 |
Malta Financial Services Authority(MFSA) regulates Tier1FX with license number C 18954 and License Type Market Making(MM), making it safer than the unregulated one. Due to regulatory restrictions, applications from residents of the United States, Iran, North Korea, and Japan cannot be processed.
Tier1FX offers various market instruments, including 50+ Forex pairs, Spot Precious Metals, Spot Commodities, Index CFDs, Multi-Asset Trading, and CFDs on Cryptos.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Spot Commodities | ✔ |
| Spot Precious Metals | ✔ |
| Index CFDs | ✔ |
| Multi-Asset Trading | ✔ |
| CFDs on Cryptos | ✔ |
Tier1FX offers main trading accounts for EUR, USD, and GBP，and demo accounts with a default validity period of 60 days. The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
| Account Type | Main |
| Base Currencies | EUR, USD, GBP |
| Minimum Initial Deposit | 1,000 EUR/USD/GBP |
| Maximum Leverage | 1:200 |
The leverage for retail clients is 1:2-1:30, for retail clients it is 1:2-1:100, and for all other clients, it is 1:2-1:200.
Tier1FX offers a variety of trading platforms, such as MT4-the world's most well-known foreign exchange platform, JFOREX linked to ECN-Swiss Foreign Exchange Market (SFXM) liquidity, FORTEX 6, and FIX API. Both T1FX MT4 and JForex offer mobile applications for Android, iPhone, and iPad.
| Trading Platform | Supported | Available Devices |
| T1FX MT4 | ✔ | Android/iPhone/iPad |
| JForex | ✔ | Android/iPhone/iPad |
| FORTEX 6 | ✔ | - |
| FIX API | ✔ | - |
The minimum initial deposit to open an account is 1,000 EUR or equivalent in other currencies. Bank wire deposits are processed instantly, but international transfers may take 3-5 business days to reach our bank account. Withdrawals may take up to 3-5 business days for international bank transfers and up to 10 business days for funds to reach your credit card. A fixed fee* of $20/€15/£15 applies to each withdrawal.
Yes, Tier1FX is regulated by the Malta Financial Services Authority (MFSA) with license number C 18954. In my experience, choosing a regulated broker like Tier1FX is essential for safety and trust. The MFSA is a respected financial authority, and its regulation provides a level of security that I value as a trader. This means that Tier1FX is held to strict standards and must adhere to regulations that protect traders, such as keeping client funds segregated from company funds and ensuring fair execution of trades. This regulatory oversight helps prevent fraud and ensures that the broker operates transparently and honestly. When I look for a broker, I prioritize regulation, and Tier1FX’s MFSA status reassures me that it’s a legitimate and safe platform. In my tier1fx review, I’d highlight that being regulated by the MFSA is one of the most reassuring factors for any trader considering this platform.
Tier1FX supports bank wire transfers and credit card withdrawals. Bank wire transfers are processed instantly, but international transfers can take 3-5 business days. For credit card withdrawals, it can take up to 10 business days. Personally, I prefer to use credit cards for withdrawals due to their convenience, but the long processing time for credit card withdrawals makes it less appealing. I would recommend using bank wire transfers if you need quicker access to funds, especially because they are processed much faster than credit card withdrawals. The main takeaway for me is that while there are solid withdrawal methods available, the time it takes to process credit card withdrawals could be a significant inconvenience for some traders.
Tier1FX offers several platforms, including MT4, JForex, FORTEX 6, and FIX API. As someone who uses MT4 regularly, I appreciate that Tier1FX offers it, as it’s widely known for its reliability and ease of use. I also like that they offer JForex, which is ideal for traders looking for ECN connectivity and better execution speeds. For high-frequency traders, the inclusion of FORTEX 6 and FIX API is a great option for more customization and flexibility. In my tier1fx review, I would highlight the variety of platforms available, as it ensures that traders of all experience levels have access to the tools they need. The platforms are also available on mobile, which is essential for traders who want to trade on the go.
Tier1FX offers a wide range of instruments, including over 50 Forex pairs, Spot Commodities, Spot Precious Metals, CFDs on Indexes, and even Cryptos. Personally, I appreciate the variety of assets available, especially the inclusion of cryptos, which allows me to diversify my portfolio. Having access to multiple asset classes is a major plus, as it opens up different opportunities for me to implement various trading strategies. In my tier1fx review, I would highlight the diverse selection of instruments as a key feature that caters to traders with different interests and goals.
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