Tixee is a Seychelles-based online forex broker that offers options for traders of all levels. The company’s platform was developed specifically for retail traders. It provides an easy-to-use interface that allows users to trade forex, stocks, indices, cryptocurrencies, and CFDs from anywhere in the world.
Tixee is owned by Pitbull Capital Limited from Seychelles, which has also been accredited by the Financial Services Authority Seychelles (FSA) and Cyprus Securities and Exchange Commission (CySEC). These entities regulate the broker because they consider its offerings safe and secure. Tixee is an STP broker that specializes in binary options, as well as forex trading. They offer many different features and tools to help you trade effectively and safely.
The broker’s trading platform is designed to be simple and user-friendly. It provides 24/7 support via email or chats with its team of professionals available around the clock to assist with any questions about your account or trading experience with the company. Its mission is to provide its clients with secure and affordable options for trading foreign currencies.
Regulatory Compliance and Security
Tixee is a regulated forex broker that complies with all the regulatory requirements in Nigeria. It has been registered by the Financial Services Commission, a regulatory body for all financial services providers in the UK. Tixee is also as compliant as possible with regard to security. The exchange has several security features designed to protect its clients’ funds from hackers and other bad actors.
Tixee is committed to complying with all regulatory requirements, including anti-money laundering (AML) and Know Your Client (KYC) policies. In addition, Tixee has developed an advanced trading platform that allows users to trade in all types of currencies and assets safely.
The company also provides its clients with security features that include multi-factor authentication, two-step verification, SSL encryption, and self-destructing emails to prevent unauthorized access to sensitive information. This broker has segregated accounts with different banks and institutions worldwide, including banks in the US, UK, Germany, and Switzerland.
Tixee is a Forex broker known for its high-quality and diverse range of assets. The platform offers over 220 asset classes, including stocks, indices, commodities, and cryptocurrencies. It also has over 15 major currency pairs and 26 minor ones.
Tixee also has 18 exotic assets on the platform, including gold and silver. The company has a wide variety of options for traders who want to trade different assets.
The trading platform is very user-friendly and easy to navigate. There are no fees for using the platform to trade with Tixee unless you decide to use one of their special promotions or bonuses (which are often worth more than $1 million).
Trading Account Types
The Tixee platform also offers several different accounts, including a free demo account, an entry package, a standard version, a Premium Package, and a VIP account. The VIP account provides access to all features and benefits of the Premium package but also includes lower leverage and lower spread values than the standard subscription.
The entry package is the most basic type of account offered by Tixee. It allows traders to trade on margin without any additional fees or charges. This type of account is ideal for beginners just starting their trading careers. It offers spreads from 1.5 pips, $250 minimum deposit, and a maximum drawdown of 10%.
Standard accounts are available for retail traders and institutional buyers/sellers. These accounts have higher leverage and spreads than other Premium and VIP accounts but also come with higher levels of transparency and transparency tools that professional traders need to keep tabs on their investment portfolios. These accounts can be upgraded to Premium packages at any time if desired by either party involved (i.e., trader or broker).
Platforms and Trading Tools
Tixee Forex is a broker that offers a web trading platform, Meta Trader 4 and Meta Trader 5.
The proprietary trading platform is simple and intuitive, with a clean, no-frills design. The platform is available on all devices, including desktop computers and mobile devices such as tablets and smartphones. The broker also has an app that can be used to access the trading platform on these devices.
Tixee has an average execution speed of 50ms, which is relatively fast compared to other brokers on the market. You will have more time to analyze your trades before they are executed! It also has an average server availability of 60ms, which means your trades will not be delayed by too long before being implemented at the best possible price!
Leverage and Spreads
Leverage and spreads are the two most important factors that play a role in your trading success – the greater the leverage, the greater your profit potential when making a trade. However, suppose your account loses money due to bad decisions or unfavorable market conditions. In that case, your losses will be much higher than what you could have made if you had used lower leverage amounts.
Also, spreads have to be good for you because they affect the amount of money you make from each trade. With Tixee, you can leverage up to 1:500 on your account. This means that if you want to trade 500 Naira worth of currency pairs (or other assets), you can use up to 500 times that amount in the capital with Tixee.
Spreads refer to the difference between buy and sell prices for the same currency pair. A wider spread means lower profit potential, but it also means lower risk in the event of an adverse change in price movement. It’s standard practice for most forex brokers to offer different spreads for different types of trades (e.g., one pip spread for speculative orders and two for market orders). The Premium account allows you to make trades at 0.8 pips. Its VIP account will enable you to make trades from as low as 0 pips.
They have all of the typical features of a high-frequency trading broker, such as auto-trading, advanced indicators, and other tools for making sure you make money. Additionally, Tixee allows for hedging strategies on all accounts.
Commissions and Fee
Commissions and fees are the fees you pay to a broker or financial advisor for their services. They are usually paid as an upfront fee, spread charges (the amount charged when buying or selling an asset), and performance fees (the percentage of profits earned on trades).
In addition to paying commissions and fees, you’ll also want to consider whether your account has any other associated costs. For example, suppose you have a margin account that requires you to keep a certain amount of money in reserve. In that case, it could be subject to early withdrawal penalties if you decide to close out your position because it didn’t work out as expected.
The VIP account has a commission fee of $6 per lot, but it also gives you access to special features like unlimited trading, free MT4 charts and data, and all of their live webinars and courses. Tixee does not charge commissions on all other accounts. The higher your account level (i.e., the higher the amount of money invested), the lower your fee will be!
Deposits and Withdrawal Methods
The company has a range of deposit and withdrawal options, with no fees charged by Tixee. However, your bank, credit card company or electronic payment platform may be responsible for delays and possible charges.
Tixee offers local bank transfers to Nigerian banks, local payments via USSD system, and several e-wallets (such as Paga Wallet and PayAttitude wallet).
They also accept Skrill and Neteller for deposits. Cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash are accepted too! International SWIFT wire transfers are available too! This takes up to 3-5 days to complete, though.
Tixee offers excellent education resources, making it easier to learn how to trade forex online. There are a lot of educational videos and lessons for both beginner traders and experienced ones as well.
The company also offers live webinars where they teach about different aspects of trading, such as technical analysis, psychology, and more.
They also provide multiple educational tools such as free downloadable ebooks, articles, etc. So if you are looking for a reliable broker that offers excellent educational content, Tixee should be one of your top choices!
Tixee offers 24/7 live chat support and email support. You can contact Tixee by submitting a ticket online. You will get an answer within a few hours if it is not a holiday or weekend. They focus strongly on customer service and are committed to providing customers with the best possible experience.
Bonus and Promotions
One of the essential features of any forex broker is its bonus program. For example, if you deposit ₦ 1,000 and trade with that amount for a month, it makes sense to offer you some type of reward. Tixee does this through free trades, which are available on all accounts. Tixee Forex offers a rebate bonus of up to 100%. The rebate is paid in cash and can be used for trading.
Recently, Tixee Forex Broker has won two awards for its excellent performance and customer satisfaction. The first award was Best Newcomer Broker, meant for brokers registered less than five years after their introduction to the industry. The second award was Best IB Programme, for superior service and a wide range of products. Tixee Forex Broker has been awarded these awards for its excellent performance in the past few years.
As you can see from this review, Tixee Forex is a reliable and trustworthy broker. The trading conditions are fair and transparent, making trading comfortable even for beginners. Anyone ready to start trading on the financial market and wants to learn more about forex can take advantage of the free demo account that Tixee offers.