Tifia Review

Richard Montana | March 24, 2022

Tifia is an established Forex and CFD broker that offers a good range of financial instruments for trading online with great conditions via the powerful and user-friendly MetaTrader 4/5 platforms for desktop, web and mobile. The broker has a choice of multiple account types including ECN trading with reliable trade execution speeds, tight spreads and low fees. To assist traders with market analysis and research, Tifia provides expert analysis courtesy of ‘Claws & Horns’ and social trading signals. The minimum deposit to get started is just $10 whereas free demo accounts are available. There is also a free VPS for traders who meet a minimum trading volume requirement.

Broker Pros / Cons
  • Access to trade on the powerful MT4 & MT5 trading platforms
  • 120+ trading instruments
  • Tight spreads, rapid executions & low fees
  • Various account types & funding methods
  • Daily market research & analysis
  • Quality analysis & trading signals powered by ‘Claws & Horns’
  • Social trading is supported
  • Free VPS for traders who qualify
  • Demo accounts
  • Islamic accounts
  • Educational guides & videos
  • 24/5 client support
  • No service to residents of USA, Canada, Israel, Belgium, Japan & the Republic of Vanuatu
  • Best trading conditions require ECN account with $500 deposit
  • No individual stocks


Tifia Markets Ltd is a regulated Forex and CFD broker that offers a vast selection of over 120 assets for trading on the popular MetaTrader platforms across multiple devices. Founded in 2014, the broker is headquartered in the Republic of Vanuatu but has offices throughout the globe, including Thailand, Spain, Indonesia and Nigeria.

Tifia has very competitive trading conditions including low spreads from just 0.1 pips depending on your account type, high leverage up to 1:1000 for qualifying traders and speedy trade executions starting at 0.1 seconds. The broker also has various account types to cater to all different trading styles and convenient funding options for quick and easy deposit and withdrawals.

Tifia asserts that it is an ECN/STP broker that has no dealing desk. The prices displayed on the trading platforms are sourced from tier-1 liquidity providers such as Bank of America, Barclays, BNP Paribas, Citibank, and 11 others. Client trades are executed at the best available prices with no conflict of interest. Tifia only marks up the spread depending on the account type.

STP (Straight Through Processing) is a brokerage model that involves sending client orders directly to the market without passing them through a dealing desk. An STP broker is similar to an ECN broker, where all client positions are passed directly to the market through interbank exchange houses or liquidity providers such as banks. STP Forex brokers promise to offer a highly transparent trading environment that is devoid of any conflict of interest with its clients.

Tifia Broker Features

Tifia Broker Features


Tifia Markets Limited is registered as Global Business Corporation and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius as Investment Dealer (Full Service Dealer, excluding underwriting). The Financial Services Commission (FSC) is a regulatory authority responsible for the regulation, supervision and inspection of all financial services other than banking institutions and global business in Mauritius.

Tifia Markets Limited is licensed as a “Dealer in Securities” by the “Ministry of Finance and Economic Management” and regulated in accordance with the “Dealers in Securities (Licensing) Act “[CAP.131]” of the Republic of Vanuatu. The Principal License enables the Tifia Markets Limited to carry out the full list of Broker/Dealer services, including (but not limited) dealing with the Foreign Exchange, Precious Metals, Commodities, Fund Management, Clearing, Primary Brokering, and other legal activities.

The broker states that all clients’ deposits are maintained in segregated bank accounts. This money should not be used by Tifia for its internal expenses. The funds are segregated in such a way that if the broker becomes insolvent, client funds can be returned to them. Regulation can help to give clients peace of mind that they are trading with a broker who must follow strict rules and regulations that are put in place to protect investors.

Tifia states that it does not provide its services to residents of the United States of America, Canada, Israel, Belgium, Japan, Mauritius and the Republic of Vanuatu.


Tifia traders get to choose between the industry standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Used by millions of traders all over the globe, these are often the platforms of choice for forex and CFD traders alike. MetaTrader was developed by MetaQuotes. Established in 2000, MetaQuotes is considered as one of the leading developers of software applications for brokerages, banks, and exchanges. The company’s representative offices are located in many countries around the world.

Tifia MetaTrader 4 Platforms

Tifia MetaTrader 4 Platforms

MetaTrader 4

MetaTrader 4 (MT4) is a very popular trading platform designed by MetaQuotes Software corporation and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients, such as Tifia.

The MT4 platform comes with professional features for online trading including advanced chart analysis capabilities. MT4 is versatile and runs on multiple devices. It is user friendly with multiple chart windows along with fully customizable layouts according to your preferences. The market watch displays the fluctuating prices of trading instruments in real time. 3 types of charts are available; Line, bar and candlesticks. The charts can be displayed over 9 timeframes from 1 minute to 1 month. Up to 30 technical indicators come preloaded along with 24 analytical objects.

All of the significant number of features of the MT4 platform can be expanded with plugin apps designed using the MQL4 programming language which is derived from C++. The platform also supports automated trading using expert advisors (EAs) which are more commonly known as trading robots. There is also a strategy tester where you can back test expert advisors over historical data.

Tifia provides access to trading via the MT4 windows desktop application, web platform and MT4 mobile apps. The MT4 desktop platform has complete functionality whereas the MT4 web platform can run directly in your web browser without needing to download or install any additional software. The MT4 trading app is great for those of you who would like to follow the markets and trade whilst on the move. It allowed you to trade from anywhere in the world provided you have an internet connection.

Tifia MT4 Features

Some of the key MT4 platform features include the following:

  • Various chart types
  • Multiple timeframes
  • Instant and pending orders
  • Technical indicators
  • Graphical objects
  • Market analysis
  • Automated trading
  • Trading strategy templates
  • Fully customisable interface
  • Customised trading tools
  • Trading signals
  • Marketplace
  • Community
  • Web, desktop and mobile apps
  • Free to use
Tifia MetaTrader 5 Platforms

Tifia MetaTrader 5 Platforms

MetaTrader 5 (MT5)

Released in 2010, MetaTrader 5 (MT5) is a sophisticated and professional trading platform designed to follow up from the existing MT4 platform. It was also designed by the same MetaQuotes Software Inc. and maintains a similar interface and features as MT4. However, the MT5 platform is more powerful as it has enhanced features and capabilities. For example, it has 38 inbuilt technical indicators instead of the 30 found in MT4. It also has 6 pending order types and up to 21 timeframes for displaying the charts.

Just like with the MT4 platform, Tifia provides the MT5 platform as follows:

  • MT5 for desktop
  • MT5 for iOS
  • MT5 for Android

The MT5 platform also supports the scripting and deployment of expert advisors (EAs) which automate online forex and CFD trading. However, the MT5 apps are written with the MQL5 programming language compared to the MQL4 language in MT4. That does mean that software’s are incompatible between the platforms. Thus, applications designed for the MT4 will not work in the MT5 trading platform. That being said, you can find plenty of free and paid add-ons from the MetaTrader marketplace that is accessible from within the platform.

You can open as many as 100 charts at a time. The charting system comes with 21 timeframes. There are 80 analytical objects as well as built-in technical indicators. There are 39 graphical objects and 38 technical indicators. It has 4 scaling modes and you can choose from 17 display styles for indicators. These exceptional tools that are made available to you for technical analysis can help you to prepare well for any market changes.

There are tools which can be used for carrying out fundamental analysis like the economic calendar, the financial news service provided by international news agencies, etc. These are made available to you directly within the MT5 platform. This helps you to forecast the movements of prices of various financial instruments.

Tifia MT5 Features

Some of the core features of the MT5 platform include:

  • Trading in Forex and CFDs from any web browser
  • The web platform operates without any additional software or browser extensions
  • Compatibility with Windows, Mac, Linux operating system
  • Reliable data protection
  • Netting and hedging position accounting systems
  • Full set of MetaTrader 5 trade orders, including pending and stop-orders
  • All types of trading operations
  • Advanced Market Depth and One Click Trading
  • Various chart types and timeframes
  • Plenty of indicators and graphical objects for technical analysis
  • Real-time quotes in Market Watch
  • Economic calendar and market research tools


When you open a trading account with Tifia, you also get access to some handy trading tools which can help you with your daily trading activities. This is in addition to the abundance of powerful tools already built within the MetaTrader platforms, not to mention the fact that you can get access to thousands more from the MQL marketplace.

Virtual Private Server (VPS)

A virtual private server (VPS) is normally needed by traders who require speed and uninterrupted access to the trading servers. They can run your trading platforms 24/7 without needing your own computer switched on. A reliable VPS can provide up to 99% uptime and seamless connections. Only Tifia clients who maintain a balance of $5,000 are eligible to request a free VPS. A Forex VPS is a popular solution for traders who use automated systems that they need up and running all of the time but do not want their home computer running.

Social Trading

Tifia provides social trading service to all its clients. You can register as a trader or an investor. Traders are the signal providers who are ranked on ‘Traders rating’; which shows the statistical data and performance of every trader. Investors pick a trader to copy his trades after checking the Traders rating. The investor can then follow the trader and automatically copy his trades.

Tifia Social Trading

Tifia Social Trading

Social trading can give beginners the opportunity to trade forex and CFDs without even knowing how to trade themselves. The trader is compensated from commissions if and when they trade successfully. It should be strongly noted that there are no guarantees on how the trading signals will perform and you should be fully aware of the significant risks of trading online.

Economic Calendar

This is an important fundamental analysis tool that displays the date and time of events that can impact the financial markets. The country affected, history and analysts’ forecast are equally displayed. Clicking on any event gives detail and analysis concerning the event. The economic calendar is customizable to display the news that is relevant to you. If you are using the MetaTrader 5 platform, you can get quick and easy access to a built-in economic calendar.

Tifia Economic Calendar

Tifia Economic Calendar

Financial Market & Analysis

Tifia provide an excellent variety of market research and analysis to help you keep up to date with what is happening in the global markets. This section of the Tifia website is divided into the following sub sections:

Market Review

The market review is updated daily on several instruments following an analysis and market news. This review gives traders insights into the market as well as trading ideas.

Technical Analysis

Traders are presented with a chart analysis of some forex pairs using indicators and historical records. This analysis is updated daily and also offers potential forex signals.

Fundamental Analysis

This daily analysis uses the news, economic situations, comments and general fundamental analysis approach to derive trading recommendations. It ends with ideas for trade entry point prices, key levels, take profit and stop loss values.

Claws & Horns Analysis

Tifia provides in-depth expert analysis to its clients. This is powered by Claws & Horns; an independent analytical and research firm reputable for providing comprehensive and quality analyses, trading signals, video reviews, etc. It can be accessed from the mobile app or from the clients’ cabinet area of the Tifia website.

Tifia Claws & Horns Market Analysis

Tifia Claws & Horns Market Analysis

Experienced experts of Claws & Horns have mastered the art of analysis like no other. All kinds of analysis, latest forecasts, unique reviews, expert opinions and a lot of other analytical materials essential for the knowledge of traders are available for free for Tifia clients.

Forex Calculator

This is an important trading tool that helps a trader to quickly and easily calculate trading costs, margin, swap fees, etc before placing a trade.

Tifia Forex Calculator

Tifia Forex Calculator


Tifia has a good amount of educational materials available from within the traders’ cabinet area, where education is part of the services provided by ‘Claws & Horns’. Clicking the ‘education’ icon presents the following training resources:

Trading Strategies

It graphically illustrates over 60 strategies.

Trading Indicators

This comprises of a list of 20 indicators with their meanings, importance level, index change and currency change.

Educational Videos

This contains over 17 videos on the use of the MetaTrader platforms such as creating trading robots, subscribing to trading signals, etc.

Trading Glossary

It contains over 300 forex/CFD trading terminologies along with definitions.

Video Courses

9 video lessons on forex trading and analysis.

Forex eBook

A 45-page book titled ‘A beginner’s guide to forex trading’.

Tifia Broker Education

Tifia Broker Education


Tifia has a decent choice of trading instruments available for you to trade on the MT4/MT5 platforms. You can choose from financial instruments across various asset classes, depending on your individual interests and goals.

Tifia offers the following instruments for trading via its platforms:

  • Forex major currency pairs 7
  • Forex currency crosses 21
  • Forex exotic currency pairs 23
  • Oil 2
  • Metals 4
  • Indices 11

CFD Trading

Tifia provides CFD trading. This allows you to speculate on the price of the underlying asset without actually needing to take physical ownership of it. You can trade long or short, depending on the direction that you think the price will move. The difference in price from when you open and close the trade, is the profit or loss, minus any brokerage fees.

Contract for differences (CFDs) can be traded with leverage. This means that traders can open a position size greater than they would usually be able to. For example, an account with a balance of $1,000 and 1:50 leverage, could open a position size of $50,000. Whilst it may seem like this can increase profit potential, keep in mind that it can also significantly increase risk. Therefore, it is important to make sure you understand what leverage is and how it works before trading leveraged positions with Tifia or any other broker for that matter.


Tifia offers 3 types of accounts. A trader can choose from the account types depending on his trading capital, trading experience and other conditions desired. There are commission free accounts where the costs are included within the spread, or accounts with a small commission fee and tighter spreads.

The Tifia account types are as follow:

Start Account

This is a micro account apposite for beginner traders. The minimum deposit is $10 and the spread starts from 2.2 pips. The maximum leverage is 1:1000 while a standard lot is 10,000. Account holders trade on the MT4 trading platform and no commissions are charged.

Classic Account

This account serves as the standard account with spreads as low as 1.1 pips and no commissions. The minimum account opening deposit is $100 while the maximum leverage is 1:1000. Both the MT4 and MT5 trading platforms are available to account holders.

ECN Account

This is the account designed for experienced traders who wish to utilize the ECN technology. The minimum deposit is $500 while the spreads start from 0.0 pips. A commission of $8 per round turn lot is charged while trading is via the MT4 trading platform. The maximum leverage is 1:100.

Islamic Account

Islamic account is available by writing a request to the customer support department. These accounts are swap free and comply with Sharia law.

Demo Account

Demo accounts are available on all account types. Demo accounts are free and unlimited. Clients may have up to 10 demo accounts simultaneously. They can be created from the clients’ cabinet and the trader chooses how much virtual money he needs in the demo account. Demo accounts can be a great way to practice your trading strategies and to familiarise yourself with the brokers trading platforms.

Tifia Account Types

Tifia Account Types


Tifia chat support attendants are available 24/5 whilst the client support desk works from 9am to 6pm; Mondays to Fridays. Each support representative location has its own channels of communication. Generally, email and a Facebook page are available for each of the official representatives in Thailand, Indonesia, Spain and Nigeria. The Indonesian and Nigerian offices also have additional options of WhatsApp, Skype and phone support.

‘Request a call-back’ form is used to schedule a phone call with the client support desk. It is available in 3 languages and can be scheduled at the clients’ convenience. There is also a ‘feedback’ form which is used for complaints or comments. The feedback is submitted to the quality control department. On social media, Tifia is on Instagram, LinkedIn and Facebook.

We found the Tifia support team to be very quick to respond to various requests, they answered all of our queries in an accurate and responsible manner.


Tifia does not charge any commissions for deposits or withdrawals. But you may be subjected to charges by your bank or payment processor used. The following account types are available:

Bank wire transfers

This method is available for USD and EUR currencies only. No commissions are charged on deposits but withdrawals are charged a minimum of $0.5 and a maximum of $125. It takes 2-5 bank working days to process a wire transfer.

Local deposit/withdrawal

This is available in MYR, IDR, THB, VND, BRD and NGN. It takes 1-2 business days to complete and there are no charges.

Card payments

The major credit and debit cards are accepted for payments. Deposits are processed instantly while withdrawals take 1-2 hours and a commission of 3% +$5 is charged.


The accepted e-wallets are Skrill, Neteller, Perfect Money and FasaPay. There are no commissions on deposits but withdrawals are charged as follows: Skrill 1%, Perfect Money 1.99%, FasaPay 0.5% and Neteller 2%. Deposits are instant while withdrawals take 1-2 hours to complete.


Deposits are processed within a business day and attracts no charges while withdrawals take 1-2 hours processing time and commissions start from 0.0001 BTC.

Tifia Payment Options

Tifia Payment Options


It is quick and easy to open a Tifia trading account. Just visit the Tifia website and click on ‘open account’ which is located at the right-hand side of the menu bar. The registration form below displays.

Tifia Registration Form

Tifia Registration Form

Fill your name, country, phone number, email and click ‘sign up. A 6-digit verification code is sent to your phone number. Enter the digits to verify your phone number and you are immediately logged into the traders’ cabinet.

You will be prompted to set up your code word and account type. From the client cabinet, several tasks can be accomplished such as account deposits, demo account creation, account verification, social trading setup, etc.


What is the Tifia minimum deposit?

The minimum deposit required by Tifia is $10.

How do I deposit money into Tifia?

You can fund your Tifia account using bank transfer, card and various e-wallets.

What are Tifia deposit fees?

Tifia do not charge any deposit fees but you may incur third party fees from your bank or e-wallet provider.

How do I withdraw money from Tifia?

You can withdraw funds from your Tifia account via wire transfer, card and e-wallets.

What are the Tifia withdrawal fees?

Tifia do not charge any withdrawal fees themselves, but you may be charged third party fees from your bank or e-wallet provider.

What is the Tifia commission fee?

Tifia have commission free accounts where to fee is added to the spread, or charge a commission fee of $8 for accounts with lower spreads.

Are there any Tifia inactivity fees?

Tifia do not mention that they charge any inactivity fees.

What are the Tifia account types?

Tifia offer the start, classic and ECN account along with demo and Islamic accounts.

Is there a Tifia demo account?

Yes, you can open a Tifia demo account at no cost. It comes preloaded with virtual funds so that you can test out your trading strategies without any risk involved and get a feel for what the broker has to offer before investing real funds.

What are the Tifia spreads?

Tifia have variable spreads starting from just 0.0 pips, depending on the account type you choose. Spreads change depending on the market conditions and liquidity providers.

What is the Tifia leverage?

Tifia have leverage of up to 1:1000 available for clients who qualify.

Do Tifia allow hedging, scalping, news trading & expert advisors?

Yes, Tifia do not impose any specific restrictions on trading styles. All trading strategies and styles are welcome, including automated trading with expert advisors, hedging and news trading.

Is there a Tifia Islamic account?

Yes, Tifia have swap-free Islamic accounts for Muslim traders.

What are Tifia trading instruments?

Tifia clients can trade CFDs on FX currency pairs, Commodities, Indices, Precious Metals and Energies.

How do I open a Tifia live account?

You can open a live account by clicking the “open account” button located at the top of the brokers website.

How do I verify my Tifia account?

You can verify your Tifia account by providing a proof of identification and up to date proof of address, no more than 6 months old.

What is Tifia trading platform?

Tifia supply the popular MetaTrader 4 and MetaTrader 5 platforms for desktop, web browser and mobile trading apps for iOS or Android devices.

Where can I download Tifia platform?

You can download the Tifia trading platforms directly from the brokers website, MetaQuotes or the relevant iOS and Android app stores.

Where is Tifia located?

Tifia is registered in the Republic of Vanuatu, a popular destination for forex brokers.

Is Tifia regulated?

Yes, Tifia is currently regulated by the Mauritius FSC.

What countries does Tifia not accept?

Tifia services are not available for citizens (residents) of the United States of America, Canada, Israel, Belgium, Japan and the Republic of Vanuatu and citizens of any state or country where the service is not provided.

Is Tifia a scam?

No, we do not believe Tifia is a scam. They are a regulated CFD and forex broker that is provides a range of trading products and services to a global client base.

How can I contact Tifia support?

You can contact Tifia customer support via live chat, telephone, email and social media.


Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker


Tifia is a regulated broker that offers industry leading online forex and CFD trading services. The broker asserts that they operate an ECN/STP model that offers market executions at the best possible prices, with minimal slippage and tight spreads. Client funds are segregated and the broker abides by its AML policy.

The provided MT4 and MT5 trading platforms are powerful, sophisticated and a standard amongst the online trading industry. All trading strategies are allowed including hedging, scalping and the use of expert advisors (EAs). You can choose from flexible account types and convenient funding options.

Tifia’s social trading and analysis powered by ‘Claws & Horns’ are useful additions to the brokerage services available. They also offer market news and analysis, trading signals, video reviews, trading tools and education centre.

With as little as $10, live trading can commence on the platforms whereas you can also open a free demo account to trial the brokers service before making an investment if you prefer.

Tifia Logo

Min $10 Deposit

Tifia is a regulated Forex & CFD broker offering a range of trading instruments via the user-friendly MetaTrader platforms with multiple trading account types & funding options to choose from. To assist traders, the broker provides expert analysis courtesy of ‘Claws & Horns’ along with social trading & some educational materials.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

About the Author

Richard Montana
Richard has many years of experience in broker research, testing, analysis and reviews. He knows what to look for through years of trading himself with different brokers and listening to the feedback of others.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.


If you like our reviews and find them useful, please feel free to share them on your socials as this can help us to continuously improve the website and for traders to find a suitable broker.

Leave a Reply