Close Newsletter
South Africa newsletter
Signup for the newsletter and keep updated
about the best brokers and auto trading robots.
Tfxgo
Rating: Rated with 4.5 stars
Binary Option Programs Award
Min. Deposit
$250
Min. Investment
N/A
Regulated Broker
No

  1. Tfxgo

    Interested in trading with this broker? Make sure to do so through FXMasterBot – a free and reliable online trading software that connects you directly to Tfxgo and all other brokers available for South African traders to choose from.

    Tfxgo is a brand-new forex and crypto broker for South African traders. With their user-friendly platform, various account types and variety of assets, Tfxgo appears to be no different than any other broker in the market.

    The real question here is whether South African investors should trust Tfxgo or if this broker is just another scam in the market.

    Read our full review and honest verdict to find out.

    The 3 Account Types

    Like most brokers out there, Tfxgo gives South African investors the choice between three different trading accounts. The choice you ultimately make depends on your trading level and prior experience, of course.

    Inside tip: The minimum deposit required to begin trading with Tfxgo is incredibly high, but this can be avoided if you trade with Tfxgo through FXMasterBot, where you can start with only $250.  

    Check out the features of each account below. Tfxgo advises South African users to contact them (find out how in our Customer Support section) to find out further details about exact trading conditions.

    Gold Account –> $10,000 Minimum Deposit

    • Trading strategies
    • Video course for beginners
    • Video course for experienced traders
    • Webinars (twice per month)
    • Weekly trading sessions
    • Money management plan
    • Trading alerts

    Platinum Account –> $25,000 Minimum Deposit

    • Trading strategies
    • Video course for beginners
    • Video course for experienced traders
    • Webinars (twice per month)
    • Weekly trading sessions
    • Money management plan
    • Trading alerts
    • Personal account manager (+)
    • Event analysis (+)
    • Personal sessions with analyst (+)
    • Educational program with analyst (+)
    • Fast withdrawals (+)
    • Fixed/variable gold spreads (+)

    Diamond Account –> $50,000 Minimum Deposit

    • Trading strategies
    • Video course for beginners
    • Video course for experienced traders
    • Webinars (twice per month)
    • Weekly trading sessions
    • Money management plan
    • Trading alerts
    • Personal account manager
    • Event analysis
    • Personal sessions with an analyst
    • Educational program from an analyst
    • Fast withdrawals
    • Fixed/variable gold spreads
    • VIP events (+)
    • Personal financial advisor (+)

    Trading Platform & Assets

    By trading with Tfxgo, South African investors will gain access to the infamous MetaTrader 4 (MT4) platform – the most popular forex trading platform.

    MT4 has grown in popularity due to its user-friendly interface, powerful software and variety of trading tools. To begin trading with MT4 through Tfxgo, you will need to download the platform onto your desktop. For South African users who prefer trading on-the-go through their mobile device, Tfxgo also has a mobile app available (both on the App Store and Google Play) to download the MT4 platform there instead.

    Once you have downloaded MT4 and made your first deposit, you will have full access to a wide range of assets from all major markets like forex, cryptocurrencies, commodities, stocks and indices. Tfxgo allows South African investors to trade all of the most popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

    Customer Support

    South African traders can reach the Tfxgo customer support team through email, phone, live chat or even the contact form available on their website. The broker also provides their address in London, which is given in the section below.

    Tip: Before contacting Tfxgo directly, make sure to check out the FAQ section on their website that answers all the basic questions. Maybe your question is already answered there.

    Company Info & Payment Methods

    Tfxgo is owned and operated by the company CHBF LIMITED, located at Carlyle House, Lower Ground Floor, 235-237 Vauxhall Bridge Road, SW1VEJ London, UK.

    The broker accepts all the basic payment methods like credit card (Visa, Mastercard, Maestro) and bank wire transfer.

    Verdict: Is Tfxgo a Safe Broker?

    After careful review of this broker, our team has concluded that Tfxgo appears to be a good choice for South African traders.

    The only issue we found was the incredibly high deposit required. However, this can be avoided by choosing to trade with Tfxgo through FXMasterBot, a free online software that makes trading much easier with the help of automated signals.

Tfxgo articles

Other Broker Reviews