Basic Information & Regulators

Tier1FX Is A Recently Established Online Foreign Exchange And CFD Trading Service Broker. Currently, The Company (the Licensed Company Name Is Hogg Capital Investments Ltd) Holds An Authorized STP Pass-through License From The Malta Financial Services Authority (license Number: C 18954).

Security Analysis

The Domain Name Of This Platform Was Registered On June 4, 2013. In Addition, The Platform Claims To Be The Foreign Exchange Branch Of Hogg Capital Investments Ltd And Is Regulated By The Malta Financial Services Authority. However, After Inquiry, No Corresponding Company Was Found. It Can Be Seen That The Platform Is Not Regulated By Any Institution. Therefore, Investors Should Avoid This Platform When Choosing A Trading Platform.

Main Business

Tier1Fx Provides Investors With Popular Trading Products On Global Financial Marekt, Mainly Foreign Exchange (more Than 50 Currency Pairs Can Be Traded), Spot Precious Metals, Spot Commodities, Index CFDs, Multi-asset Trading, Cryptocurrency CFDs.

Leverage & Accounts

Maximum Trading Leverage Of 1:30 For Major Currency Pairs, 1:20 For Non-major Currency Pairs, Gold And Major Indices, 1:10 For Commodities Other Than Gold And Non-major Stock Indices, And 1:2 For Cryptocurrency CFDs. The Broker Sets Up An Account Type With Base Currencies Of EUR, USD, GBP, CHF And Minimum Deposit Requirement Of EUR 100/GBP/USD.

Spreads & Commission Fees

Forex Trading Commissions Are EUR 2.5/USD 2.75/GBP 2.25 Per Standard Lot Per Side, Commodities Trading Fees Are EUR 2.5/USD 3.25/EUR 3.25 Per Side, CFD Trading Fees Are EUR 0.25/EUR 0.30/GBP 0.25 Per Side Per Contract And Cryptocurrency Trading Commissions Are 0.1% Of The Notional Value Per Contract Per Side.

Trading Platform

TierFX Provides Traders With A Variety Of Safe And Efficient Trading Software, Namely The Market-leading And Widely Praised MT4 Trading Software, Fortex 6, JForex, FIX API, And FIX API On MT4. Fortex 6 Is Designed With Mobile And Browser Users In Mind. The Interface Is Simple And Intuitive, And Supports Multiple Languages. It Provides Advanced Charting And Technical Research Without The Need For Other Applications. T1 JForex Contains More Than 180 Trading Indicators. It Can Build Advanced Automated Strategies In Hours. It Supports Desktop, Web And Mobile Versions.

Deposit And Withdraw Funds

TierFX Supports Users To Use Telegraphic Transfer To Withdraw Funds. There Is No Handling Fee For Deposits, And A Handling Fee Of 15 EUR/GBP/USD For Withdrawals.