All Share (J203) = 89 573
Rand / Dollar = 18.39
Rand / Pound = 23.81
Rand / Euro = 19.91
Gold (usd/oz) = 3 084.70
Platinum (usd/oz) = 984.67
Brent (usd/barrel) = 72.61
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Tifia Minimum Deposit

Tifia Minimum Deposit Review

 

The minimum deposit amount required to register a live trading account with Tifia is $10 or ZAR182.93. Tifia is a VFSC-regulated broker that accepts USD, EUR, NGN, PLN and GBP currencies on different account types.

 

Tifia at a Glance

 

Broker's NameTifia
📍 HeadquarteredVanuatu
📅 Year Founded2014
⚖️ Regulating AuthoritiesVanuatu Financial Services Commission (VFSC)
🌐 Countries not accepted for tradeUnited States, Canada, Israel, Belgium, Japan, Mauritius, and the Republic of Vanuatu
☪️ Islamic Account (Swap Free)Yes
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsNo
📈 Maximum Leverage1:1000
💰 Minimum Deposit$ 10
💳 Deposit OptionsVisa
MasterCard
Skrill
Neteller
Perfect Money
FasaPay
Bitcoin transfer
Local Deposit
Bank Wire Transfer
💳 Withdrawal OptionsVisa
MasterCard
Skrill
Neteller
Perfect Money
FasaPay
Bitcoin transfer
Local Deposit
Bank Wire Transfer
💻 Platform TypesMetaTrader 4, MetaTrader 5
📱 OS CompatibilityWindows, Web, Linux, Mac, Android, iOS
📈 Tradable AssetsForex, commodities, oil, and indices
👨‍💼 Languages supported on WebsiteEnglish, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, Hindi, Hebrew, Arabic, Russian
👥 Customer Support LanguagesEnglish, Spanish, Czech, Chinese, German, French, Italian, Polish,
📆 Customer Service Hours24/5

Min Deposit

USD 10

Regulators

VFSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Tifia Keypoint Overview

 

 

Tifia Minimum Deposit

 

tifia fees

 

💰Tifia has a minimum deposit requirement of only $ 10.

 

👉This minimum deposit amount is equivalent to ZAR 182.93 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

✔️Tifia is strictly regulated and authorized by the Vanuatu Financial Services Commission (VFSC). Vanuatu is an off-shore jurisdiction which means that Tifia is an off-shore broker and as such tends to have a less favourable reputation and potential traders should think carefully before investing with them.

 

🔎However, on Tifia’s website, the broker states that it keeps client funds in separate accounts. This is to ensure the safety of traders’ funds under any force majeure circumstances by segregating a percentage of their investments. The funds can only be used by clients in trading activities.

 

Tifia Deposit fees and deposit methods

 

tifia deposit methods

 

✔️When compared with other brokers, the minimum deposit that Tifia requires when registering a live account is exceptionally low.

 

The following methods can be used when making deposits with Tifia:

VisaMasterCardSkrill
NetellerPerfect MoneyFasaPay
Bitcoin transferLocal DepositBank Wire Transfer

 

💵Deposit currencies that are accepted include USD, EUR, NGN, PLN, and GBP depending on the account type you use.

 

👉Tifia does not charge any deposit fees but does charge withdrawal fees on some payment methods. These are as follows:

👉Method🔎Fee
🏦Bank Wire withdrawal$ 35
💳Visa and MasterCard$ 4
💰Skrill and Neteller1% - 2%
💸FasaPay and Perfect Money0.50%

 

🔎Traders must ensure that they verify whether their financial institution waives its fees as there may be additional fees payable.

 

Step-by-step guide to depositing the minimum amount

 

💰When funding the trading account, traders can do it from their own bank account by sending the funds to one of the Tifia segregated client accounts.

 

💳To deposit funds to your trading account, you can use electronic payment systems. You can use a bank transfer or credit your account with a bank card.

 

📍In Nigeria, Malaysia and Indonesia, a local deposit through the official representatives of Tifia is available. You can find out more about this option in the client cabinet, section “Finance”.

 

✔️Funds must be transferred in the same currency as the bank account to which they are sending them. Should this not be done, traders may be subjected to currency conversion fees.

 

👉 Step 1 – Login to your Tifia account.

Navigate to the sign-in option on the Tifia website, from where you will be redirected to your Tifia account dashboard.

tifia sign in

 

👉 Step 2 – Navigate to the deposit option

tifia deposit

 

👉 Step 3 – Enter the amount you wish to deposit along with the payment methods

Once you’ve entered the deposit details, click on deposit to finalise the transaction.

 

Pros and Cons

 

✔️Pros❌Cons
Low minimum deposit requirementAccount base currencies are limited
No deposit fees chargedCurrency conversion fees may apply
Reliable payment methods offered

 

Customer Reviews

 

tifia 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.

5 star review

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.

5 star review

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.

4 star review

Min Deposit

USD 10

Regulators

VFSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Conclusion

 

Overall, Tifia requires a minimum deposit of $10 or R182.93. Accepted currencies include USD, EUR, NGN, PLN and GBP. Some payment methods require deposit and withdrawal fees, which are low in comparison to other brokers.

 

FAQ

 

What is the minimum deposit for Tifia?

$ 10.

 

How do I make a deposit and withdrawal with Tifia?

  • Visa
  • MasterCard
  • Skrill
  • Neteller
  • Perfect Money
  • FasaPay
  • Bitcoin transfer
  • Local Deposit
  • Bank Wire Transfer

 

Does Tifia charge withdrawal fees?

Yes. On Bank Wire withdrawal, a fee of $ 35 is charged, Visa and MasterCard, $ 4, Skrill and Neteller have a charge of between 1 and 2% and FasaPay and Perfect Money, 0.50%.

 

How long does it take to make a withdrawal?

This depends on the type of payment method used. Tifia states that all withdrawals take between 2 hours or five working days.

4.7/5 - (9 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

November 1, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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