Tifia Demo Account

 

Overall, Tifia does not offer a demo account. A demo trading account is a risk-free trading environment that traders use to explore trading strategies without losing capital. Both beginner and expert traders can benefit from demo accounts.

 

Tifia at a Glance

 

Broker's Name	Tifia
📍 Headquartered	Vanuatu
📅 Year Founded	2014
⚖️ Regulating Authorities	Vanuatu Financial Services Commission (VFSC)
🌐 Countries not accepted for trade	United States, Canada, Israel, Belgium, Japan, Mauritius, and the Republic of Vanuatu
☪️ Islamic Account (Swap Free)	Yes
👍 Demo Account	Yes
📊 Institutional Accounts	No
📊 Managed Accounts	No
📈 Maximum Leverage	1:1000
💰 Minimum Deposit	$ 10
💳 Deposit Options	Visa MasterCard Skrill Neteller Perfect Money FasaPay Bitcoin transfer Local Deposit Bank Wire Transfer
💳 Withdrawal Options	Visa MasterCard Skrill Neteller Perfect Money FasaPay Bitcoin transfer Local Deposit Bank Wire Transfer
💻 Platform Types	MetaTrader 4, MetaTrader 5
📱 OS Compatibility	Windows, Web, Linux, Mac, Android, iOS
📈 Tradable Assets	Forex, commodities, oil, and indices
👨‍💼 Languages supported on Website	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, Hindi, Hebrew, Arabic, Russian
👥 Customer Support Languages	English, Spanish, Czech, Chinese, German, French, Italian, Polish,
📆 Customer Service Hours	24/5

 

Tifia Keypoint Overview

 

• Tifia at a Glance
• Tifia Keypoint Overview
• How to set up a Demo Account – Step by Step
• Tifia Demo Account Features
• Pros and Cons
• Customer Reviews
• Conclusion
• FAQ

 

How to set up a Demo Account – Step by Step

 

 

Tifia does not offer the option to open a demo account.

 

✔️Trading can be a very intimidating task for beginners without prior knowledge, skill, or experience in trading and through the provision of demo accounts, brokers provide a comprehensive and risk-free environment for beginner traders.

 

🔍A demo account is often referred to as a practice account due to it providing traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.

 

📊Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their trading strategies.

 

🚀Demo accounts are not merely intended only for beginners, but it provides more advanced traders with the opportunity to explore what Tifia has to offer.

 

Tifia Demo Account Features

 

 

💰Demo accounts as a rule serve the purpose of mimicking a live trading environment without traders risking their actual capital. Trading is conducted by using virtual money while simultaneously having access to all the financial instruments as with a live trading account.

 

🔍The only exception is that the demo account is risk-free as traders make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.

 

When making use of either platform, traders will have access to the various functions, tools, features, and more, which is offered by these trading platforms.

 

✔️Demo accounts allow traders to explore the broker’s offer and the trading platforms that they offer and brokers who do not offer this are at a slight disadvantage when compared to the various other brokers who do offer this along with similar trading conditions.

 

Pros and Cons

 

✔️ Pros	❌ Cons
Competitive trading conditions offered	Demo account not provided
Regulated by VFSC
Segregated client funds used
Tight spreads offered

Customer Reviews

 

 

Excellent broker

Excellent broker. I like Tifia ECN because it is reliable and transparent, and withdrawn without any problem and quickly, support is always available and they are professionals at the time of a problem, the interface is simple and manageable, for me the best broker I recommend Tifia ECN.

Good broker

Very funny to read reviews about “fake broker”. Our team has earned money with Tifia and got all withdrawals quick. We work more than 1 year in Tifia. This broker is in top 3 brokers that we use.

they need to improve on indices contract size mt5.

i put my trust in this because my cousin said that this is one of the trusted broker.
because i prefer using mt5 and trading with indicies i notice that the contract size for dow jone and sp500 is very high which is 100,usually the contract for indicies is usually 1 which mean with 1.00 volume/lots is equal to 1usd per point.usually with indicies people prefer earning profit by points and not pip.

and secondly,i make a demo account but i never knew how to log in on demo account since i did not get any email for the password to login into the demo account and the server is unknown.

 

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Conclusion

No, Tifia does not offer a demo account option to traders. Both beginner and expert traders alike have the one option of opening a live trading account.

 

FAQ

 

What is the difference between a demo and a live trading account?

A demo account provides the trader with a practice account that can be used to practice trading in a risk-free environment.

Demo accounts are often suited for beginners who need to build up experience with trading as well as advanced traders who would like to test their trading strategies and explore the offering of a broker before registering a live account.

 

Does Tifia offer a demo account?

No.

 

Can I convert my demo account to a live trading account with Tifia?

No. Tifia does not offer the option of opening a demo account, thus traders who choose this broker will only be able to open a live account, either an STP or ECN account which will be tailored to the trader’s needs.

 

Which live trading accounts does Tifia offer?

• The Start Account
• ECN Classic Account
• ECN Pro Account

 

What are the available deposit currencies for a live trading account?

EUR, USD, NGN, PLN, and GBP.