Tifia Journal (Broker out of business)

Journal status: closed
Tifia out of business
Tifia Profile
Website
tifia.com
Year
2011
Country
Vanuatu
Branches
5
Regulation
VFSC Vanuatu
Registration
VFSC Vanuatu, FSC Mauritius
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Belgium, Canada, Israel, Japan, Mauritius, US, Vanuatu
Broker type
STP, DMA, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
100 ms
LPs total
15
LPs quality
Tier-1 Banks
LPs names
BNP Paribas, Bank of America, Barclays, Citibank, Commerzbank, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, Nomura, RBS, SEB, UBS

Tifia Accounts
STP
ECN
Minimum Deposit
100 $
500 $
Leverage
1000 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.1 pips
0 pips
Commission
0 $/lotRT
8 $/lotRT
Volume
100 lots
100 lots
Margin Call
50 %
100 %
Stop Out
100 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
Unlimited
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Perfect Money, FasaPay, Neteller, Bitcoin, Local Transfer Malaysia, Local Transfer Indonesia, Local Transfer Thailand, Local Transfer Vietnam, Local Transfer Nigeria
Base currency
USD, EUR, NGN, PLN, GBP
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 6 months
Update broker

Is Tifia safe?

  • Investor protection: no
  • Regulation: VFSC Vanuatu
  • Registration: VFSC Vanuatu, FSC Mauritius
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Tifia trusted?

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

How Tifia works



Fair ECN Model
The trading conditions the company provides exclude any conflicts of interest and dealer intervention just because Tifia is tailored to provide its clients with the best trading service.
No-Dealing Desk: trading with no dealer intervention
At Tifia, orders are executed with no dealer intervention, which excludes any conflicts of interests.

Scalping, automated trading, news trading and arbitrage allowed
The company allows using such trading strategies as scalping, automated EA trading, news trading, and arbitrage. Our clients enjoy complete freedom and convenience when trading, regardless of their strategies.


2.8. The Company may periodically act on a Client's behalf in relations with parties with whom the Company or another affiliated party has an agreement permitting the Company to receive services. The Company ensures that such arrangements shall be conducted with Client’s best interest. Including, such arrangements which grant access to information, or other benefits/services which would not otherwise be available.


"Liquidity Provider" shall mean a bank or an ECN, which is streaming tradable prices to the Company and may be used by the Company to hedge the Client's trades.

2. GENERAL TERMS
2.1 The Company will recalculate Quotes for all trading instruments in real time, based on market conditions and prices/liquidity received from Liquidity Providers, and will periodically provide the Client with these Quotes as a market profile (Market Snapshots).

5.27 If there is insufficient liquidity to hedge the trade at the specified level, the Company will execute Buy Stop, Sell Stop and Stop Loss orders at the price at which the Company hedged the trade. The Company reserves the right to correct this price in order to reflect the cost of the hedging.



Add new comment...