TNFX, in facts
One page with everything checkable about this company, including the parts most brokers leave out. If you only read one page before depositing anywhere, make it this kind.
Who the company is
| Legal name | TNFX Ltd |
| Regulator | Financial Services Authority (FSA) of Seychelles |
| Licence | SD133, Securities Dealer |
| Registered office | CT House, Office 9A, Providence, Mahe, Seychelles |
| Founded | 2019 |
| Platforms | MetaTrader 4 and MetaTrader 5 — desktop, mobile, browser |
| Languages | Arabic, Kurdish, English, Turkish, Persian |
| Main markets | Iraq, Syria, Jordan, Palestine, Egypt, Saudi Arabia, UAE, Turkey |
What you can trade
Everything is a CFD: you trade the price and never take delivery of the underlying asset.
- Forex — the major and minor pairs, plus crosses
- Gold and metals — XAUUSD, XAGUSD, plus platinum and palladium
- Indices — DJ30, US500, USTEC, GER30, UK100, JPN225 and others
- Energy — USOIL (WTI), UKOIL (Brent), natural gas
- Crypto CFDs — 13 pairs including BTCUSD, ETHUSD, XRPUSD, LTCUSD
Accounts and costs
Every account type is swap-free by default — no overnight interest charged or earned, and no time-based fee replacing it.
Maximum leverage is 1:1000, but each instrument caps it lower and the lower of the two always applies: gold 1:200, indices 1:100, energy 1:100, crypto 1:5.
One Cent lot equals 0.10 of a standard lot — not 0.01, which is the most common misunderstanding.
| Account | First deposit | Spread | Commission |
|---|---|---|---|
| Cent | $100 | Standard | None |
| Standard | $100 | From 1.2 pips | None |
| Turbo | $100 | Tight | None |
| Zero | $500 | From 0.0 pips | $5 per lot, round turn |
| VIP | $100,000 | Tightest | Lowest |
Money in and money out
This is where most brokers are vague, so here it is plainly. Availability is set by your registered country; the figures below are for Iraq.
| Route | Pays in | Pays out | Min in / out |
|---|---|---|---|
| Ovadot | Yes | Yes | $5 / $50 |
| Ptop · USDT · Payeer · FastPay | Yes | Yes | $10 / $50 |
| Local bank (Iraq) | Yes | Yes | $10 / $50 |
| Q-Card | Yes | No | $10 |
| Zain Cash | Yes | No | $5 |
| Credit / debit card | Not in Iraq | — | — |
| International bank wire | Not in Iraq | — | — |
The bonus, stated exactly
50% on the first $1,000 of your total deposits, then 20% above that, with a $10,000 lifetime cap. Applied automatically on any payment method — no code, nothing to claim.
Offered to clients registered in Iraq and Syria. Not available in India, Pakistan or Egypt. A registration with no country recorded does not qualify.
The bonus is tradeable credit, not withdrawable cash, and trading losses can consume it. Withdrawing from your capital removes a proportional share of it.
What TNFX does not offer
Published because it is true, and because being told plainly is more useful than discovering it after you deposit:
- No welcome or no-deposit bonus. There is no free credit for opening an account.
- No MAM or PAMM accounts. Managed-account structures are not part of the product.
- No individual company shares. Indices yes, single stocks no.
- No prop firm or funded-account challenges.
- No binary options.
- No card deposits or international wire for Iraq — those routes are closed for this market.
- Copy trading is built but not live yet. You can study provider histories; automatic copying is not switched on.
A broker willing to tell you what it does not do is easier to check than one that implies it does everything.
How to check any of this
Look up SD133 on the Seychelles FSA register directly. Confirm the legal entity name matches whoever you are paying. Ask which route pays money out and what the minimum is before you fund anything. Then make one small withdrawal early, before you build a balance worth worrying about.
Those four steps take an afternoon and they work on any broker, including this one.
Common questions
Is TNFX regulated?
Yes. TNFX Ltd is authorised as a Securities Dealer by the Financial Services Authority of Seychelles under licence SD133, registered at CT House, Office 9A, Providence, Mahe.
Where is TNFX based?
The company is registered in Seychelles at CT House, Office 9A, Providence, Mahe, and serves clients across Iraq and the wider Middle East.
Does TNFX accept clients from Iraq?
Yes. Iraq is the primary market, with the website, client portal and support available in Arabic and Kurdish, and local deposit and withdrawal routes.
What can I trade with TNFX?
Forex, gold and metals, stock indices, oil and natural gas, and 13 crypto CFDs — all as CFDs on MetaTrader 4 and MetaTrader 5.
Does TNFX offer MAM or PAMM accounts?
No. Managed-account structures such as MAM and PAMM are not offered.
Does TNFX offer a funded or prop-firm account?
No. There are no prop-firm challenges or funded accounts.
What is the minimum deposit at TNFX?
$100 opens a Standard, Cent or Turbo account and $500 opens a Zero account. After that, top-ups start at $5 through Ovadot and $10 on most other routes.
Are TNFX accounts swap-free?
Yes, every account type is swap-free by default, with no time-based fee replacing the swap.