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TIX FX review

TIX FX


On-line since: 2014
Country of origin: Saint Vincent and the Grenadines
Regulation: -
Payment options: bank wire transfer, Visa/MasterCard bank cards, CashU, Yandex.Money, WebMoney, Visa Electron, Qiwi Wallet, Perfect Money, FasaPay, Neteller, Skrill
Minimum account size: $500
Minimum lot size: 0.01 lot
Leverage: 1:300
Spreads: from 0.5 pip

About the company:

TIX FX is a NDD broker registered in the offshore zone. It provides trading 70 currency pairs, CFDs, commodities, and precious metals through the tried and true MetaTrader 4 platform.

About the company. Security of funds

TIX Group Ltd, the owner of the broker, is registered as the International Business Company in Saint Vincent and the Grenadines.

This country is a quite popular offshore zone as it is fast and cheap to register a firm here. Besides, the control over brokerage firms is not tight.

Brokers are not obliged to comply with the requirement for sufficient capital, keep clients’ funds on segregated accounts and be members of compensation funds.

That is why, we recommend choosing a regulated broker if you plan to invest a large sum. Our rating provides information about other brokers and their trading conditions.

TIX Group Ltd. operates under Jedi Marketing Ltd. headquartered in London. Basically, this firm uses the TIX FX brand globally except within the European Economic Area. Jedi Marketing Ltd. is registered in the United Kingdom but it is not regulated by the FCA.

Trading conditions

TIX FX renders services to both private and institutional investors so it offers two account types: STANDARD and INSTITUTIONAL. Both of them provide a leverage of 1:300, enable trading micro lots and charge no commission.

Furthermore, the broker offers its clients the Islamic accounts.

The minimum deposit at this company is quite high, bearing in mind that it is registered in the offshore zone.

TIX FX charges spreads starting from 1.5 points on Standard accounts. This is a rather big size of spreads comparing to conditions of other brokers that provide spreads of 1-1.5 points on EUR/USD.

Trading platform

Trading at TIX FX is conducted through the MT4 platform which can be installed on a PC, a mobile device or can be opened in a web browser.

This multifunctional trading software meets almost all traders’ needs. It ensures fast execution, features various technical indicators and a wide range of diagrams, as well as allows using expert advisors. Moreover, one click trading is available.

Besides, TIX FX offers its clients to use the Virtual Private Server (VPS), which ensures seamless access to the market.

Customer support service

The customer support service is available 24 hours per day five days a week. Clients can contact the company’s managers by phone, email or visit the office in London.

Payment methods

Clients of TIX FX can make a deposit via bank cards, wire transfer, or electronic payment systems such as Skrill, Neteller, WebMoney, and OKPAY, as well as LAVApay, FasaPay, Yandex.Money, CashU, Perfect Money and Qiwi.

Advantages:

  • Trading is conducted through MT4
  • NDD execution

Disadvantages:

  • Not regulated
  • Relatively high spreads
  • High initial deposit
  • PAMM accounts are not available.

TIX FX 2/10 (votes 2182)
Author of TIX FX: Ryane | Date 2020-10-13
Opening an account at TIX FX is very easy. I started my account a few months ago and so far, I am liking my experience. The customer support is friendly and they are very accommodating to all my questions. The profit that I am making so far is still small but I am happy with it. I am also still working on my skills anyway.
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