Question:What's the fund deposit and withdrawal conditions of Tifia MT4 and MT5 accounts?

Answer:

To deposit funds to Tifia MT4 and MT5 accounts

To deposit funds to your trading account, you can use electronic payment systems; a full list of payment systems is provided in Tifia’s Official Website.

You can also use a bank transfer or credit your account with a bank card.

In Nigeria, Malaysia and Indonesia, a local deposit through the official representatives of Tifia is available.

You can find out more about this option in the client cabinet, section “Finance”.

Login to Tifia’s Client Cabinet

If you forgot or lost the trader’s or investor’s password for the trading account, you can change / restore the password in the client cabinet. To do this, go to account settings, enter your new password. Specify your birth date and answer security questions. Your password will be updated automatically.

The minimum deposit amount depends on the chosen account type.

At the moment, three types of accounts are available to the company’s clients.

For the Start (Micro) account, the minimum deposit is $10, for Classic – $100, for ECN PRO – $500.

For more information on account types, please visit the trading account specification page in the Official Website.

Depositing funds on a trading account using a bank card or electronic payment systems occurs instantly.

Depositing funds on the trading account by bank transfer usually takes 2-3 working days and depends on the beneficiary’s bank and the sender’s bank.

To withdraw funds from Tifia MT4 and MT5 accounts

A request for withdrawal of funds is processed within two hours during the working day, provided there are sufficient free funds on the trading account and the profile is fully verified.

The maximum period for executing a withdrawal request is 3 working days.

Withdrawal by bank card or bank transfer takes up to 5 banking business days.

For more details on payment methods, please visit the Deposit / Withdrawal page.

Go to Tifia Official Website

You can also transfer funds between trading accounts.

Internal transfers are allowed between two accounts if they are registered for the same client profile with the company and the account currency is EUR or USD.

You cannot transfer bonus funds.

Tifia’s Cost for fund deposit and withdrawal

Tifia does not charge any additional commissions for depositing or withdrawal of funds.

Commissions charged for deposits / withdrawals are established by payment systems and credited to their accounts.

When depositing funds to your trading account, the commission is reimbursed by the company.

For more information on the types of payments and commissions, please visit the Deposit / Withdrawal page.

Trading Cost of Tifia’s MT4 and MT5

When it comes to trading, for ECN PRO accounts, the commission is $8 for the full turnover of the lot and raw spread.

No commission is charged on Start (Micro) and Classic accounts, but markup is added and spread is charged.

To find out more about account specifications, please visit the page here.

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