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Tier1FX review

Tier1FX review: regulation (MFSA), minimum deposit 200, leverage up to 1:200, platforms and current bonuses.

Open account
Minimum deposit200
Max. leverage1:200
Spread from0.1 Pips
Founded1995

Trading conditions

Broker type
ECN /STD/ DMA
Minimum deposit
200
Maximum leverage
1:200
Minimum spread
0.1 Pips
Platforms
MetaTrader4 (MT4)
Account currencies
USD, EUR & More

Bonuses

No deposit bonus
No
Welcome bonus
No
Other promotions
No

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Bank Wire, Credit Card, Debit Card, Neteller
Withdrawal methods
Bank Wire, Credit Card, Debit Card, Neteller

Company

Regulation
MFSA
Founded
1995
Country
Malta
Address
Tier1FX Ltd.The Shackleton BuildingBlue Harbour - Ta Xbiex SeafrontTa Xbiex - Malta XBX 1027
Website languages
English, Spanish, Japanese, Italian, Chinese
Phone
+356 23 27 3000
Email or Skype
[email protected]

Tier1FX pros and cons

Pros

  • Regulated by MFSA
  • Raw spreads from 0.1 Pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader4 (MT4)

Cons

  • No no-deposit bonus at the moment
  • Conditions and bonuses can differ by regulated entity

Tier1FX FAQ

Is Tier1FX a safe and regulated broker?

Tier1FX was founded in 1995 and is regulated by MFSA. Client funds are held in segregated accounts. Your protection depends on which Tier1FX entity opens your account.

What is the minimum deposit at Tier1FX?

The minimum deposit at Tier1FX is 200. Payment providers may set their own minimum amount.

What is the maximum leverage at Tier1FX?

Tier1FX offers leverage up to 1:200. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does Tier1FX offer a no deposit bonus?

No. Tier1FX does not currently offer a no deposit bonus. It offers a welcome promotion: No. See our forex no deposit bonus list for brokers that do.

Which trading platforms does Tier1FX offer?

Tier1FX supports MetaTrader4 (MT4). Mobile trading is available.

Does Tier1FX allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does Tier1FX offer an Islamic (swap-free) account?

Yes. Tier1FX offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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Tier1FX – NoOpen account