In this section we will analyze the TIFIA broker, is a Forex, Cryptocurrency and CFD broker. It also provides the Social Trading service. Is TIFIA really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You may wonder why we made a review on TIFIA… It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before deciding or not, to invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Tifia Markets Limited.
As to its location, the broker mentions being based in: Vanuatu.
If we analyze the regulation of the broker: it is an unregulated broker, it does have a Vanuatu license, but not a regulation.
If now we go on to analyze account types that TIFIA offers, we note that they offer 4 different types of account: the Start Account, the Classic Account, the ECN Pro Account and the Crypto Account. We leave an image with a little information about each type of account.
Start account- $ 10 minimum initial deposit, up to 1: 1000 leverage, 100% margincall.
Classic account- $ 100 minimum initial deposit, up to 1: 1000 leverage, 100% margincall.
ECN PRO account- $ 500 minimum initial deposit, up to 1: 100 leverage, 100% margincall.
Crypto account- $ 100 minimum initial deposit, up to 1: 50 leverage, 100% margincall.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that TIFIA offers are: MT4.
We will now analyze the different resources and aids for traders that TIFIA provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
TIFIA provides the following help or resources to traders or interested parties (we recall that the website does not have a Spanish version): explanation of the products that TIFIA offers, explanation of basic concepts of the investment world, information on different types of accounts, some live charts, news about financial events of interest, economic calendar, not much else.
Other information about TIFIA
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: + 573195314742
>>> Assessment of TIFIA <<
Ending with this section, in our opinion Do we believe that the TIFIA company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is based in unsafe countries (such as Vanuatu), when looking for valuations on TIFIA we find mostly negative valuations.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
October 2019 update: CNMV, Spanish regulator, has warned about TIFIA, we suggest extreme caution.
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.