All Share (J203) = 88 525
Rand / Dollar = 18.07
Rand / Pound = 23.50
Rand / Euro = 19.72
Gold (usd/oz) = 3 001.80
Platinum (usd/oz) = 1 000.47
Brent (usd/barrel) = 70.93
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

TNFX Islamic Account

 

TNFX Islamic Account Review

 

TNFX offers Islamic swap-free trading across all TNFX Account types – Standard, Fix, VIP, Zero, and Cent.  The minimum deposit required to open a TNFX Islamic account ranges from $100 USD to $1000 USD depending on the TNFX Account Type Selected. TNFX has a trust score of 3.5 out of 5.

 

🔎 TNFX Account Type☪️ Islamic Option🚀 Open an Account
🥇 Standard Account✅ Yes👉 Click Here
🥈 Fix Account✅ Yes👉 Click Here
🥉 VIP Account✅ Yes👉 Click Here
🏅 Zero Account✅ Yes👉 Click Here
🎖️ Cent Account✅ Yes👉 Click Here

 

Overall Rating

3.5/5

Rated #315 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

Financial Services Authority (FSA) Seychelles

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

TNFX Islamic Account – 7 Key Point Quick Overview

 

  1. ☑️ TNFX Overview
  2. ☑️ TNFX Regulation and Safety of Funds
  3. ☑️ TNFX Account Types and Features
  4. ☑️ How to open a TNFX Islamic, Swap-Free Account – A Step-by-Step Guide
  5. ☑️ TNFX Pros and Cons
  6. ☑️ In Conclusion
  7. ☑️ Frequently Asked Questions

 

 

TNFX Islamic Account

 

TNFX Overview

 

TNFX offers a variety of professional account categories (Standard, FIX, Cent, Zero, and VIP) to support a wide range of trading styles, all of which can be opened as an Islamic account.

TNFX’s platforms use STP (Straight-Through Processing) to ensure that your orders are transmitted to liquidity providers as soon as a transaction is established. TNFX’s forex trading platform is the industry standard, and they give their clients leverage of up to 400:1.

As a result, TNFX is regarded as a low-cost and versatile Forex broker that offers a variety of benefits to different traders.

 

🔎 Broker🥇 TNFX
💴 Minimum Deposit (ZAR)R1800 ZAR
☪️ Islamic Account✅ Yes
🆓 Demo Account✅ Yes
📌 Retail Investor Accounts✅ Yes
📍 PAMM Accounts✅ Yes
📈 Liquidity ProvidersMajor banks
📉 Affiliate Program✅ Yes
📊 Order ExecutionECN/DMA
🚀 Open an Account👉 Click Here

 

TNFX Overview

 

TNFX Regulation and Safety of Funds

 

TNFX considers the protection of client funds very seriously. Although it is not presently regulated by the Financial Sector Conduct Authority (FSCA), in Seychelles, it is regulated by the FSA.

 

🌎 Country of Registration🏦 Company Reg.📌 Regulatory Entity📈 Tier📍 License Number/Ref
➡️ SeychellesSD133Financial Service Authority2SD133
↘️ Saint Vincent and the Grenadines528328Financial Conduct Authority3528328
↪️ United Arab Emirates877670The Dubai Economic Department2877670

 

TNFX Regulation and Safety of Funds

 

TNFX Account Types and Features

 

TNFX provides access to six different account types, all with an Islamic Account Option. The minimum deposit required to open a TNFX Islamic account ranges from $100 USD to $1000 USD depending on the TNFX Account Type Selected.

 

🔎 Live Account💶 Min. Deposit (USD)💵 Min. Deposit (ZAR)🚀 Open an Account
🥇 Standard Account$100 USDR1800 ZAR👉 Click Here
🥈 Fix Account$500 USDR9000 ZAR👉 Click Here
🥉 Cent Account$100 USDR1800 ZAR👉 Click Here
🏅 Zero Account$1000 USDR18'000 ZAR👉 Click Here
🎖️ VIP Account$100,000 USDR1'800'000 ZAR👉 Click Here

 

TNFX Standard Account

 

The TNFX Standard account is an ideal choice for both beginner Islamic and professional Islamic traders. The minimum deposit required to open a TNFX Standard Account is $100 USD.  The TNFX Standard Account features:

 

  • ✅ Direct market execution
  • ✅ Spread From 1.0 pips per 1.00 lot
  • ✅ Zero Commission 0.0
  • ✅ Minimum lot size 0.01
  • ✅ Leverage Up to 1:400
  • Swap-Free Islamic account
  • ✅ Access to automated trading

 

 

and much more!

 

🔎 Account🥇 Standard
📉 ExecutionDirect Market
📈 CommissionZero
📊 Min. Lot0.01
💹 Leverage Up to1:400
☪️ Swap Free Option✅ Yes
💻 Automated Trading ✅ Yes
🚀 Open an Account👉 Click Here

 

TNFX Standard Account

 

TNFX Fix Account

 

The TNFX Fix Account is characterized by fixed spreads for pairs and metals.  The minimum deposit required to open a TNFX Fix account is $1000 USD.  The Fix Account features:

 

  • ✅ Direct market execution
  • ✅ FIX Spread for FX and Metal
  • ✅ Zero Commission
  • ✅ EURUSD 1.0
  • ✅ Minimum lot size 0.01
  • ✅ Leverage Up to 1:400
  • ✅ Minimum Deposit of $1000
  • Swap-Free Islamic account
  • ✅ Access to automated trading

 

and much more!

 

🔎 Account🥇 Fix
📉 ExecutionDirect Market
📈 CommissionZero
📊 Min. Lot0.01
💹 Leverage Up to1:400
☪️ Swap Free Option✅ Yes
💻 Automated Trading ✅ Yes
🚀 Open an Account👉 Click Here

 

TNFX Fix Account

 

TNFX VIP Account

 

The TNFX VIP Account is best suited to Islamic professionals who are looking to invest long-term. The minimum deposit required to open a TNFX VIP Account is $100’000 USD.  The VIP Account Features:

 

  • ✅ Direct market execution
  • ✅ Spread From 0.4 Pips
  • ✅ Zero Commission 0.0
  • ✅ Minimum lot size 0.01
  • ✅ Leverage Up to 1:100
  • ✅ Minimum Deposit of $100,000
  • Swap-Free Islamic account
  • ✅ Access to automated trading

 

 

and much more!

 

🔎 Account🥇 VIP
📉 ExecutionDirect Market
📈 CommissionZero
📊 Min. Lot0.01
💹 Leverage Up to1:100
☪️ Swap Free Option✅ Yes
💻 Automated Trading ✅ Yes
🚀 Open an Account👉 Click Here

 

TNFX VIP Account

 

TNFX Zero Account

 

The TNFX Zero Account is suitable for all levels of traders. The minimum deposit required to open a TNFX Zero Account is $1000 USD.  The Zero Account features:

 

  • ✅ Direct market execution
  • ✅ Spread 0.0 EURUSD
  • ✅ Spread 0.0 USDJPY
  • ✅ Commission 5$
  • ✅ Minimum lot size 0.01
  • ✅ Leverage Up to 1:400
  • ✅ Minimum Deposit 1000$
  • ✅ Access to automated trading
  • Swap-Free Islamic account

 

 

and much more!

 

🔎 Account🥇 Zero
📉 ExecutionDirect Market
📈 Commission$5 USD
📊 Min. Lot0.01
💹 Leverage Up to1:400
☪️ Swap Free OptionN/A
💻 Automated Trading ✅ Yes
🚀 Open an Account👉 Click Here

 

TNFX Zero Account

 

TNFX Cent Account

 

The TNFX Cent Account is suited to all traders who are looking to gain experience.  The minimum deposit required to open a TNFX Cent account is $100 USD.  The Cent Account features:

 

  • ✅ Direct market execution
  • ✅ Spread From 1.0 pips
  • ✅ Mini Lot allowed 0.01 Cent = 0.001 STD
  • ✅ Commission 0.0
  • ✅ Leverage Up to 1:400
  • ✅ Minimum Deposit of $100
  • Swap-Free Islamic account
  • ✅ Access to automated trading

 

 

and much more!

 

🔎 Account🥇 Zero
📉 ExecutionDirect Market
📈 Commission0.0
📊 Min. Lot0.01 Cent
💹 Leverage Up to1:400
☪️ Swap Free Option✅ Yes
💻 Automated Trading ✅ Yes
🚀 Open an Account👉 Click Here

 

TNFX Cent Account

 

How to open a TNFX Islamic, Swap-Free Account – A Step-by-Step Guide

 

1. Step 1: Visit the TNFX Webpage and on the homepage, click the Open Live Account button.

 

How to open a TNFX Account

 

2.  Step 2:   In the registration form that appears, select Individual and enter your first name, last name, email address, and phone number. You must also establish a password, agree to the Terms & Conditions, and complete the CAPTCHA.  Confirm your phone number. To do so, enter the OTP code supplied to the selected phone number.

Once this account has been opened, you will need to apply to customer support to have it converted to an Islamic account.

 

How to open a TNFX Account Step 2

 

TNFX Pros and Cons

 

✅ Pros❎ Cons
Islamic account providedNo proprietary trading platforms available

 

 

In Conclusion

 

TNFX offers an Islamic account with swap-free conditions to all traders of the Muslim faith. TNFX offers tight spreads that start at 0.0 pips depending on the type of account you open. All account types can be converted to Islamic status.

 

 

Frequently Asked Questions

 

Does TNFX offer an Islamic Account?

Yes, TNFX offers an Islamic account with swap-free conditions to all traders of the Muslim faith.

 

Does TNFX offer competitive spreads on the Islamic account?

Yes, TNFX offers tight spreads that start at 0.0 pips depending on the type of account you open. All account types can be converted to Islamic status.

 

What platforms can Islamic traders use from TNFX?

TNFX provides access to both MT4 and MT5 which are considered the most popular trading platforms in the industry to date.

 

Is TNFX regulated in the Middle East?

Yes, TNFX is regulated in the Middle East by the Dubai Economic Department.

 

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

July 19, 2023

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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