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Broker Reviews

TNFX

Tradomatix TrustScore™:

2.90

(66 Reviews)
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About TNFX

TNFX is the trade name of TNFX Ltd., a Seychelles-registered company offering the MetaTrader 4 and MetaTrader 5 platforms for trading with leverage up to 1:400. Accounts are denominated in USD and require a minimum deposit of 300 USD. The account setup features an ECN model with fixed spreads, a minimum lot size of 0.01, and support for hedging and scalping. A demo account is available, and a swap-free option can be used. Platform access includes desktop terminals and mobile apps; web trading is not available. The product scope includes forex with one currency pair available. Funding methods include bank wire transfer, credit and debit cards, and e-wallets such as Perfect Money, WebMoney, AdvCash, and Virtual Pay. API connectivity is not offered.

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Regulation & Security

TNFX operates as the trade name of TNFX Ltd., a company registered in the Seychelles and authorized as a Securities Dealer by the Financial Services Authority (FSA) of Seychelles under licence number SD133. The principal office is located at CT House, Office No. 9A, Providence, Mahe, Seychelles.

Account and Setup

Live accounts require a minimum deposit of 300 USD and are denominated in USD. Trading is available on MT4 and MT5, with mobile trading supported; web trading is not available. The account setup uses an ECN model with fixed spreads, leverage up to 1:400, and a minimum order size of 0.01 lots. A demo account and a swap-free option are provided, and both hedging and scalping are permitted.

Funding Options

Supported deposit methods include bank wire transfer, credit and debit cards, and e-wallets: Perfect Money, WebMoney, AdvCash, and Virtual Pay.

Bot & API Compatibility

MT4 and MT5 support expert advisors (EAs), enabling automated strategies to run on the desktop terminals with mobile monitoring. The broker permits hedging and scalping, uses fixed spreads, and allows a 0.01 lot minimum, which can be relevant for EA configuration and risk control. There is no dedicated API connectivity, and OCO order functionality is not supported. For deployment best practices, test EAs on the available demo account before trading live.

Trading Conditions& Restrictions

Trading conditions include leverage up to 1:400, fixed spreads, and an ECN account type. Minimum order size is 0.01 lots. Hedging and scalping are allowed, and a swap-free option is available. Market coverage includes forex with one currency pair. Platform limitations include no web trading and no OCO orders; mobile trading is supported.

Regulation & Security

TNFX operates as the trade name of TNFX Ltd., a company registered in the Seychelles and authorized as a Securities Dealer by the Financial Services Authority (FSA) of Seychelles under licence number SD133. The principal office is located at CT House, Office No. 9A, Providence, Mahe, Seychelles.

Account and Setup

Live accounts require a minimum deposit of 300 USD and are denominated in USD. Trading is available on MT4 and MT5, with mobile trading supported; web trading is not available. The account setup uses an ECN model with fixed spreads, leverage up to 1:400, and a minimum order size of 0.01 lots. A demo account and a swap-free option are provided, and both hedging and scalping are permitted.

Funding Options

Supported deposit methods include bank wire transfer, credit and debit cards, and e-wallets: Perfect Money, WebMoney, AdvCash, and Virtual Pay.

Bot & API Compatibility

MT4 and MT5 support expert advisors (EAs), enabling automated strategies to run on the desktop terminals with mobile monitoring. The broker permits hedging and scalping, uses fixed spreads, and allows a 0.01 lot minimum, which can be relevant for EA configuration and risk control. There is no dedicated API connectivity, and OCO order functionality is not supported. For deployment best practices, test EAs on the available demo account before trading live.

Trading Conditions& Restrictions

Trading conditions include leverage up to 1:400, fixed spreads, and an ECN account type. Minimum order size is 0.01 lots. Hedging and scalping are allowed, and a swap-free option is available. Market coverage includes forex with one currency pair. Platform limitations include no web trading and no OCO orders; mobile trading is supported.

TNFX Reviews

( 66 )

TNFX Reviews

( 66 )
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