Pros
  • Regulated broker
  • Variety of trading instruments
Cons
  • Extremely high minimum deposit EUR 1000
  • Only one trading account
  • Only bank transfer as payment method

Reviewed broker: Teir1FX

Location: Malta

Operated by Foreign Exchange division of Hogg Capital Investments Ltd

Regulation: Malta Financial Services Authority (MFSA)

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

Segregated accounts for clients funds: yes

Features of Tier1FX

Based Currencies: EUR, USD, GBP, CHF

Negative Balance Protection for retail clients

Algorithmic trading: EA, Hedging and Scalping allowed

Currency pairs: 50+ 

Maximum leverage 1:200

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

50% Stopout Level

Mobile and Web Trading

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.

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.

Tier1fx 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

  • Main Account features
  • Base Currencies: EUR, USD, GBP, CHF
  • Minimum Initial Deposit: 1,000 EUR/USD/GBP
  • Negative Balance Protection (Retail clients)
  • Post-Trade Transparency
  • Algorithmic Trading: EAs, Hedging and Scalping allowed

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.

Payment Methods

Minimum deposit requirement: 1,000 EUR/USD/GBP, which is incredibly high !

 Payment options: only via bank transfer! 

Customer Support

Broker representatives are available via phone, email and online chat.

How was the rating of Tier1fx performed compared to other brokers? 

This 2024 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.

Tier1FX Details

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