TDFX

Basic Information

• Registered Region
  

  Australia
• Operation Status
  Abnormal
• Operating Period
  Not disclosed
• Deposit Methods
  Bank Transfer, Credit/Debit Card, E-wallets, Cryptocurrencies
• Website
  https://tdfx.exchange
• Market Type
  Foreign exchange
• Support Languges
  

  English
• Main Business
  FX, metals, indices, energies, cryptocurrencies
• Business Type
  FX broker
• Social Media
• Contact Details
  support@tiandinglimited.com

  +852 5226 7054
• Type of Accounts
  Standard Account, ECN Account, VIP Account; demo validity not disclosed
• Trading Platforms
  TDFX Web, TDFX Mobile, MT4, MT5
• Withdraw Methods
  Local Transfer, Global Transfer, VISA/MasterCard, Tether, Bitpay
• Auto Trading
  EA supported

Pros and Cons

**Pros:** Wide range of tradable assets including forex and cryptocurrencies; competitive trading conditions with variable spreads; diverse account types tailored to various trading styles; user-friendly platforms support. **Cons:** Lack of significant regulation heightens risk; high leverage options that may be unsuitable for inexperienced traders; withdrawal fees vary based on method; customer support availability in limited languages.

Company Background

TDFX operates as an unregulated trading platform offering a wide range of financial instruments. Established in Australia, this broker caters to various trader profiles but lacks oversight from major regulatory authorities, increasing potential risks for users. Despite having been operational for 5-10 years, significant concerns surrounding its regulatory status have emerged, raising red flags about its operational practices.

Fund Security

TDFX does not provide valid forex regulation, which poses a higher risk for traders regarding fund safety. Unregulated brokers often lack formal safeguards against fraudulent activities, which can amplify the risk of losing invested capital without any recourse for clients in case of disputes or issues.

Account Opening

TDFX provides three account types: the Standard Account with no minimum deposit, the ECN Account requiring a $1,000 minimum deposit for tighter spreads, and the VIP Account starting at $10,000. All account types offer access to TDFX trading platforms but specifics regarding demo accounts remain unspecified. Opening an account requires verification and initial funding through several supported methods.

Trading Fees

TDFX features competitive spreads starting at 0.01 pips. While the broker advertises no additional trading fees or commissions, withdrawal charges apply based on the selected payment method, which could affect overall trading expenses.

Trading Instruments

Traders on TDFX can access a variety of instruments, comprising forex pairs, precious metals, global indices, energy commodities, and cryptocurrencies. This diverse selection allows traders to adapt their portfolio according to market conditions and personal preferences.

Trading Technology

TDFX provides a mix of proprietary web platforms and renowned platforms such as MetaTrader 4 and 5. This range allows traders to choose from mobile applications or desktop platforms, catering to different trading environments and preferences for execution styles and analytical tools.

Research and Education

TDFX offers various educational resources through TDFX Academy, including trading guides and daily market analysis. These resources aim to equip traders with essential knowledge and skills. However, the depth and variety of educational materials may not meet the needs of more advanced traders seeking sophisticated strategies or techniques.

Customer Support

Customer support at TDFX is available via phone and email, providing a channel for traders to resolve queries and issues. The responsiveness and efficiency of customer support have not been independently verified, and support may be limited in languages other than English.