Tier1FX Review: Regulation, Spreads & Leverage
ECN /STD/ DMA broker based in Malta with MetaTrader 4, a $200 minimum deposit and leverage up to 1:200.
- ECN /STD/ DMA
- 1:200 Leverage
Your money is at risk
In this Tier1FX review
Tier1FX overview: what kind of broker is it?
Tier1FX is an ECN /STD/ DMA forex and CFD broker based in Malta, founded in 1995. MFSA.
Traders get MetaTrader 4, spreads from 0.1 pips, leverage up to 1:200 and a low $200 minimum deposit.
Tier1FX broker specifications
Company and regulation
| Broker | Tier1FX |
|---|---|
| Regulated by | MFSA |
| Type of broker | ECN /STD/ DMA |
| Country | Malta |
| Foundation year | 1995 |
| Website | Visit Tier1FX website |
| Website languages | English, Spanish, Japanese, Italian, Chinese |
Trading conditions
| Minimum deposit | $200 |
|---|---|
| Maximum leverage | 1:200 |
| Minimum spreads | 0.1 pips |
| Base currencies | USD, EUR & More |
| Tradable instruments | — |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | No |
Bonus and promotions
| Current promotion | No |
|---|---|
| Welcome bonus | No |
| Standard no deposit bonus | No |
Contact details
| Telephone | +356 23 27 3000 |
|---|---|
| sales@tier1fx.com | |
| Fax | Not available |
| Head office | Tier1FX Ltd.The Shackleton BuildingBlue Harbour - Ta Xbiex SeafrontTa Xbiex - Malta XBX 1027 |
Tier1FX pros and cons
Pros
- Regulated: MFSA
- Low $200 minimum deposit
- Spreads from 0.1 pips, ECN /STD/ DMA execution
- MetaTrader 4 on every device
- Islamic, mini, VIP and managed accounts
Cons
- Leveraged CFD trading carries a high risk of loss
Tier1FX account types
Tier1FX offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $200 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | Yes |
Tier1FX trading platforms
Tier1FX runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
Tier1FX deposit and withdrawal methods
The same 4 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is Tier1FX safe and legit?
Tier1FX is a regulated broker. MFSA. The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
Tier1FX is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
Who should choose Tier1FX?
Good fit for
- Traders who want MT4 and raw spreads
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
Tier1FX FAQ
Is Tier1FX regulated?
Yes. MFSA.
What is the Tier1FX minimum deposit?
The minimum deposit to open a live Tier1FX account is $200.
What is the maximum leverage at Tier1FX?
Leverage goes up to 1:200. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does Tier1FX use?
Tier1FX uses MetaTrader4 (MT4).
Does Tier1FX offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.
How can I deposit and withdraw at Tier1FX?
You can use Bank Wire, Credit Card, Debit Card and Neteller.