Tier1FX Journal

Journal status: live
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Tier1FX Profile
Year
2013
Country
Malta
Branches
1
Regulation
FSA Malta
Registration
CNMV Spain, AMF France, BaFin Germany
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Iran, Japan, North Korea, US
Broker type
DMA
Dealing book
A-book
Tier
3
Execution speed
0.2 ms
LPs total
14
LPs quality
Tier-1 Banks, MTFs, Other
LPs names
BNP Paribas, Bank of America, Barclays, Citibank, Deutsche Bank, Dukascopy Bank SA, JPMorgan, LMAX, Macquarie Bank, Morgan Stanley, NatWest, Standard Chartered, UBS, XTX

Tier1FX Accounts
DMA
Minimum Deposit
1000 $
Leverage
30 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.2 pips
Commission
5 $/lotRT
Volume
50 lots
Margin Call
100 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire
Base currency
USD, EUR, GBP, CHF
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 12 months
Update broker

Is Tier1FX safe?

  • Investor protection: no
  • Regulation: FSA Malta
  • Registration: CNMV Spain, AMF France, BaFin Germany
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Tier1FX trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • Tier1FX website: highly detailed, updated ★★★★★
  • Tier1FX popularity (by visitor count): low visits ★★

How Tier1FX works

...ultra-tight spreads and prime liquidity from Top Tier1 Banks and an Agency Model with pure DMA-STP execution and no dealer intervention.

https://www.tier1fx.com/t1-brokerage/

Your orders are being routed directly to our liquidity providers and executed back-to-back in the range of milliseconds.

https://www.tier1fx.com/t1-brokerage/why-tier1fx/stp-dma-low-latency/

Trade in the real Market: We are an agency broker, we route each client trade to the best available liquidity provider without intervention. We offer none-marked up spreads to all our clients.

https://www.tier1fx.com/t1-brokerage/why-tier1fx/agency-model/

Transmission of orders through third parties: relationship with external brokerage firms

HCI has entered into agreements with various regulated stock brokerage firms and liquidity providers whereby these firms have agreed to provide HCI with execution-only dealing, clearing and settlement, safe custody and associated services, respectively in various financial instruments and in international securities and they are similarly subject to the requirements of Article 21 of the MiFID Directive with regard to best execution. HCI will transmit client orders for execution to a third party.

https://www.tier1fx.com/official_agreements_2021/01.5.TIER1FX_Appendixes_Appendix%20V_2019.01.pdf

4.6. When receiving and/or transmitting your orders, for the purpose of conducting any Transaction or entering into any Con- tract, T1 will act only as your agent and undertake its responsibilities for and on your behalf in line with commercially reason- able standards.

9. Negative Balance Protection

As a Retail Client however, Tier1FX shall not seek compensation from you should your account incur a negative balance but would instead credit your account in the amount of the negative balance incurred, so that its actual equity is re-balanced to zero.

https://www.tier1fx.com/official_agreements_2021/01.5.TIER1FX_Appendixes_Appendix%20V_2019.01.pdf

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