TixFX Review by professional Forex trading experts the “” FX trading team, Finding out everything you need to know about the broker is in this TixFX Review.

TixFX Review

TixFX services both retail and institutional clients and has arranged two different account types. Both of them offer commission-free trading, leverage up to 1:300 and micro tradeable lots. Of course, spreads on the Institutional account are significantly lower.

In addition, swap-free (Islamic) services are available on the Standard account type for clients who are not willing to earn or pay interest for religious reasons.

According to us, the minimum initial deposit required by this broker is a bit too high, considering its offshore destination. In comparison, leading award-winning broker FxPro (licensed by both CySEC and FCA) requires the same amount ($500) as a minimum to open an account with it.

What is worse, we find the TixFX’s spreads above average, as most brokers offer spreads within the range of 1.0 – 1.5 pips on the EUR/USD pair. In comparison, another offshore broker, FxChoice, offers average spreads of 1.2 pips on its commission-free accounts.

The Company. Security of Funds

TixFX is a pure NDD broker, registered offshore. It offers trading in 70 currency pairs, as well as CFDs on indices, energies and precious metals on the renown MetaTrader 4.

The company behind the brand is TIX Group Ltd, which is registered as International Business Company (IBC) in ST. Vincent and the Grenadines. SVG is a popular offshore forex destination due to the fast and inexpensive registration procedure and the liberal control over brokerage firms.

IBCs are not obliged to meet capital adequacy requirements, to keep client money in segregated accounts, nor to arrange a compensation scheme in the event of insolvency.

That is why, if you plan to invest a large amount of money, we would advise you to select among brokers regulated in the UK or Australia, or another jurisdiction, where the respective financial watchdogs are on alert.

TIX Group Ltd. is serviced by London-based Jedi Marketing Ltd., which in fact enters into agreements with clients. Jedi Marketing Ltd. is registered in the UK, but is not regulated by the FCA.

Trading Platforms

TIX FX provides the classic award-winning trading platform MetaTrader 4 (MT4), which comes in as PC, web and mobile versions.

This fully-featured software provides traders with everything they need: fast order execution, a variety of technical indicators, advanced charting package and the ability to develop and to use Expert Advisors (EA). There are many different time frames to choose from and you can place a trade with a single click or within a chart.

Besides, TIX FX enables its traders to use a Virtual Private Server hosting, which enables traders to use safely automated trading systems and different automated scripts without any risk of disconnections or unexpected situations.

Methods of Payment

Clients of TixFX are offered the following payment modes: credit cards, bank wire transfers, and e-wallets Skrill, Neteller, WebMoney, OKPAY, LAVApay, FasaPay, Яндекс, cashU, Perfect Money & Qiwi.

TixFX is an offshore broker, offering NDD environment for trading in various currency pairs and CFDs on the MT4 platform. Its main disadvantage is the light-touch regulation and the comparatively high spreads.

The Broker is not a safe forex broker, Instead you can use Plus500, XM, eToro, Fxpro or AvaTrade forex brokers.

TixFX Review Conclusion

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