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 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 |
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 at a Glance
- Tifia Keypoint Overview
- Tifia Minimum Deposit
- Tifia Deposit fees and deposit methods
- Step by step guide to depositing the minimum amount
- Pros and Cons
- Customer Reviews
- Conclusion
- FAQ
Tifia Minimum Deposit
💰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
✔️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:
Visa | MasterCard | Skrill |
Neteller | Perfect Money | FasaPay |
Bitcoin transfer | Local Deposit | Bank 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 Neteller | 1% - 2% |
💸FasaPay and Perfect Money | 0.50% |
🔎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.
Step 2 – Navigate to the deposit option
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 requirement | Account base currencies are limited |
No deposit fees charged | Currency conversion fees may apply |
Reliable payment methods 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.
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.
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.
Table of Contents
Toggle