Reviewed broker: Teir1FX
Operated by Foreign Exchange division of Hogg Capital Investments Ltd
Location: The Shackleton Building, Blue Harbour – Ta’ Xbiex Seafront, Ta’ Xbiex – Malta XBX 1027
Regulation: fully licensed and regulated Investment Services Company authorized by the Malta Financial Services Authority (MFSA – registration number IS 18954)
Established in 1997, online since 2015
Trading instruments: 50+ Forex pairs, Spot Precious Metals, Spot Commodities, Index CFDs, Multi-Asset Trading, CFDs on Cryptos
NDD no dealing desk intervention: yes
STP DMA execution: yes
Due to regulatory restrictions, the broker does not accept applications from residents of the following countries: USA, Iran, North Korea, Japan.
Main Account features of Tier1FX
Based Currencies: EUR, USD, GBP, CHF
Negative Balance Protection for retail clients
Segregated accounts for clients funds: yes
Algorithmic trading: EA, Hedging and Scalping allowed
Currency pairs: 50+
Spreads start from 0.1 pips + 0.9 pips markup
Maximum leverage 1:200
Tier1fx Review : Payment methods for Deposits and Withdrawals
Minimum deposit requirement: 1,000 EUR/USD/GBP
Payment options: only via bank transfer!
Tier1fx Review : The main advantages
Agency Model
Eliminating the innate conflict of interest, typical for many broker-client relationship, lays the foundations of a solid and durable partnership. Tier1FX is a boutique broker house where we ensure that client’s interests are our interests. By offering a unique combination of technology and best industry practices, we guarantee the same optimal trading conditions to all our clients. Tier1FX does not benefit of client’s losses in any way.
Prime Liquidity
One of the largest liquidity pools at your disposal. Multi-liquidity aggregation to offer you the best available bid/ask price in all market conditions.
STP-DMA Low Latency Execution
Low latency execution makes the difference. The faster your trades are filled, the better chances to optimize your results.
The New way of Transparent Trading
Good business is built on trust and the foundations of trust lay in transparency. So that you can make informed and confident decisions: the T1 guarantee: fair, transparent, flexible and competitive trading solutions.
Ultimate Trading Technology
Tier1FX has partnered with industry leaders to offer the best high-frequency, low-latency trading experience possible in a STP-DMA execution environment.
EU Regulated
Regulated in the EU, we are fully committed to providing a safe, secure and protected environment for you and your assets. Segregated clients’ funds accounts and the Investor Compensation Scheme are only some of the benefits and rights which EU regulation offers you as a client.
Tier1fx Review : Accounts
Main advantages STP/DMA Execution Fast, fully-automated and reliable direct-to-market execution in the range of milliseconds – no delays, no requotes, no dealer intervention. Ultimate Technology Tier1FX had partnered with industry leaders to offer the best high-frequency, low-latency trading experience possible in a STP-DMA execution environment. Funds Protection EU regulation, fully segregated clients’ funds, held at reputable banks, the Investor Compensation Scheme and much more.
Demo account: available but valid only for 60 days by default. If you wish to extend this period, please send a request to the broker support before the 60-day period is up.
Trading Account Conditions
- Fast and reliable STP/DMA execution
- EURUSD all sessions average spread as low as 0.2
- Stop/Limit Levels as close as 0.01
- No requotes
- Min Lot Size (FX) of 0.01
- Increments (FX) of 0.01
- 50% Stopout Level
- Mobile and Web Trading
Tier1fx Review : Trading Platforms
MT4
World’s best known FX platform, enhanced by Tier1FX state-of-the-art technology and prime trading conditions.
JFOREX
Smart and intuitive, linked to ECN-Swiss FX Marketplace (SFXM) liquidity.
FORTEX 6
Sophisticated and powerful, with an array of trading tools and solutions.
FIX API
Trade on our DMA/STP liquidity hub though Fortex Direct FIX ultra-fast technology.
FIX API on MT4
The perfect synergy of the most extended platform and what is considered the most professional trading protocol available. Empower your results by trading on a FIX API account using your current MTQ EA, no re-coding needed.
Tier1fx Customer Support
Broker representatives are available via phone, email and online chat.
How was the rating of Tier1fx performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Tier1fx FX broker performance and features.
Overall our online Tier1fx review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Tier1fx or you find inaccurate details Tier1fx broker review please get in touch with us and the changes will be applied.
